TuesdayDec 14, 2021 2:28 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Positioned Amid Expected Strong Growth in Nuclear Energy

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the largest producer of uranium in the United States, is committed to playing a significant role in the growing uranium mining sector. According to a Business Research Company report, the uranium mining market is projected to reach nearly $10.18 billion next year and should see CAGR of 4.6% during the forecast period (https://ibn.fm/vvT93). “With nuclear energy expected to see strong growth in the coming years as nations around the world work to provide affordable, sustainable clean energy, Energy Fuels looks to be in an ideal position. The company is the leading producer of…

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FridayDec 10, 2021 1:29 pm

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Expanding Market Reach

StraightUp Resources (CSE: ST) (OTCQB: STUPF), at the beginning of the year, broke down its 2021 exploration program into four elements: historical data review, compilation and interpretation; examining historical drill core (“ENDM” core library, Red Lake); geological mapping and sampling; and geophysical surveys. “The objective was to add new 2021 data to enhance interpretations, locate prime locations for drilling holes and conduct soil sampling to inform the company’s investment decisions and guarantee a return on its investment,” reads a recent article. “So far, these efforts have allowed StraightUp to acquire prime properties with tremendous potential to maximize shareholder wealth. It…

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MondayDec 06, 2021 12:42 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Focused on Efforts to Support ESG Priorities

Energy Fuels (NYSE American: UUUU) (TSX: EFR) places a high priority in the production of raw materials that support global clean-energy efforts. This comes as the world is becoming more focused on and committed to clean energy and sustainability, with companies in every sector recognizing the importance of advancing ESG (environmental, sustainability and governance) priorities. “With that as a backdrop, Energy Fuels does much more than just produce uranium, which is the fuel for nuclear energy, producing 50% of all clean, carbon-free electricity in the U.S.,” a recent article reads. In addition to producing uranium, UUUU began operations to recover…

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ThursdayDec 02, 2021 1:28 pm

MiningNewsBreaks – Excellon Resources Inc.’s (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Platosa Marks 4th Quarter of >21,000 Tons Mined and Milled

Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) is a diversified metals producer with a precious metals growth pipeline that includes Mexico’s Platosa Mine, Kilgore, a high-quality gold development project in Idaho, as well as and an option on Silver City, a high-grade epithermal silver district in Saxony, Germany boasting more than 750 years of mining history. The company recently released details of its robust second-quarter production numbers generated from its Durango, Mexico-based Platosa Mine. “Excellon saw silver production of 296,013 ounces, lead production of 1.9 million pounds and zinc production of 2.5 million pounds — in aggregate totaling…

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WednesdayNov 17, 2021 3:08 pm

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Is Building for the Future

StraightUp Resources (CSE: ST) (OTCQB: STUPF), a Canada-based mineral exploration and mining property acquisition company, is completing a series of acquisitions in historically proven gold districts, starting with options for the RLX North, RLX South and Belanger Red Lake gold properties in Ontario obtained last year. In addition, the company acquired the West Cat Mine across the continent in the state of Nevada and also recently acquired the Bear Head Gold Property in western Ontario. Notably, gold is a proven long-term hedge against inflation and can help investors protect against potentially excessive asset price inflation and currency debasement. In addition…

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FridayNov 12, 2021 11:19 am

MiningNewsBreaks – Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Reigniting Saxony’s Storied Mining History

Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) is actively working to reignite the Saxony region’s proud and storied history, which has long been synonymous with silver mining. According to Ben Pullinger, SVP Geology and Corporate Development for Excellon, Saxony has become an important jurisdiction for the company over that past year. “In mid-2020, Excellon announced that it had entered into a research and development alliance with the Helmholtz Institute Freiberg (‘HIF’). The company’s team seeks to apply modern exploration technology on the historically significant Silver City mineral field in Saxony, Germany,” reads a recent article. Excellon, which holds…

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TuesdayNov 02, 2021 3:18 pm

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) Making Indelible Mark on the Mining Scene

StraightUp Resources (CSE: ST) is positioning itself in the mining sector and maximizing shareholder wealth and value through its focus on strategic acquisitions and exploration work. Following the completion of an initial public offering (“IPO”) in March last year and a non-brokered private placement a month later, StraightUp embarked on a journey that saw it acquire the RLX North, RLX South and Belanger Red Lake gold properties in June 2020, the Ferdinand Gold Property in Ontario in March of this year, and the Bear Head Gold Property later in July. The company also commenced a ground magnetic (“MAG”) survey at…

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TuesdayNov 02, 2021 3:06 pm

MiningNewsBreaks – Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Well Primed to Serve Burgeoning Precious Metals Market

Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2), a silver and base metals producer with precious metals projects in Mexico, Idaho and Germany, has employed a world-class leadership team with a proven track record to capitalize on positive trends in the precious metals space even as the results of the market’s increasingly optimistic outlook on silver’s prospects are seen in North America, Europe and Asia. A six-story high warehouse near Singapore’s Changi airport, which currently holds around 400 tons of silver, is expected to store as much as 15,000 tons once complete, indicating the potential that the market currently…

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ThursdayOct 21, 2021 10:59 am

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) Acquires Historically Productive Mine in Nevada’s Bullfrog Boom Zone

StraightUp Resources (CSE: ST), a Canada-based mineral exploration and mining property acquisition company, recently announced the acquisition of the West Cat Mine. With this move, the company adds the historically productive mine located within the renowned Bullfrog boom zone of southwestern Nevada to its Ontario greenstone belt options. “Barrick Bullfrog Inc. produced about 2.3 million ounces of gold and more than 3 million ounces of silver during the 1990s from its property in the Bullfrog boom zone near Beatty, Nevada…. The area has generated new excitement among explorers in recent months, as demonstrated by South Africa-based gold miner AngloGold Ashanti’s…

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ThursdayOct 14, 2021 1:18 pm

MiningNewsBreaks – StraightUp Resources Inc.’s (CSE: ST) RLX Properties ‘Highly Prospective’ for Economic Gold Deposits

StraightUp Resources (CSE: ST) recently announced the completion of a high-resolution Heli-borne magnetic survey (“MAG”) on the RLX North and RLX South properties (“RLX Properties”) that comprise the company’s largest area of operation currently. According to Mark Brezer, the company’s president and CEO, the projects are in the heart of the Red Lake Mining District, an area that is seeing a resurgence of gold-bearing deposits that were overlooked in the past. “The Red Lake district is renowned for over 30 million ounces of historic gold production, and the RLX projects are situated near the Red Lake Mine complex that is…

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