MiningNewsBreaks Archive - MiningNewsWire

ThursdaySep 19, 2024 3:24 pm

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Positioned in Growing Sustainable Energy Market

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) is emerging as a particularly promising contender among companies vying for a significant share of the growing sustainable energy market industry, where nickel is a critical component. “Fathom’s strategic focus on Canada’s prolific nickel-copper belts places it in an enviable position. The company’s exploration and development efforts are concentrated in regions renowned for their high-grade mineralization, a factor that significantly enhances its potential for discovering and developing substantial nickel deposits. This geographic advantage, coupled with the company’s technical expertise and financial prudence, sets Fathom Nickel apart from its peers,” a recent article…

WednesdaySep 18, 2024 1:33 pm

MiningNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) Subsidiary Eyeing Production of Thermoelectric Generator to Replace, Improve On Vehicle Alternators

First Tellurium (CSE: FTEL) (OTCQB: FSTTF) and its majority-owned subsidiary have announced an initiative to build and install a demonstration thermoelectric generator designed to replace vehicle alternators, increase efficiency for combustion engines and help electric vehicles generate more power. According to the announcement, PyroDelta Energy has been working on the thermoelectric generator for eight years; the company has reached the point where it is looking for a facility to assemble the device, retrofit it into a car and demonstrate its functionality. PyroDelta is also exploring other significant target markets, such as solar panels, drones and greenhouses, where the device could be used…

TuesdaySep 17, 2024 3:26 pm

MiningNewsBreaks – Viper Energy Inc. (NYSE: VNOM) Reports on $488M Underwritten Public Offering

Viper Energy (NASDAQ: VNOM), a company that owns and acquires mineral and royalty interests in oil and natural gas properties, has released the pricing of an underwritten public offering. The offering is comprised of 10,000,000 shares of its class A common stock, offered at $42.50 per share. According to the announcement, the offering, which closed on Sept. 13, 2024, represents a 1,500,000 share upsize to the originally proposed 8,500,000 share offering. In addition, Viper granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of class A common stock; that option was exercised. Total gross proceeds…

TuesdaySep 17, 2024 12:35 pm

MiningNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Announces $600K Non-Brokered Private Placement

Torr Metals (TSX.V: TMET), a Vancouver-based mineral exploration company, today announced that it has opened a non-brokered private placement. As part of the private placement, the company will issue up to 2,142,857 flow-through (“FT”) shares at $0.14 per share and up to 3,000,000 non-flow-through (“NFT”) units of the company at $0.10 per unit. Each FT share will consist of one common share of the company, while each NFT unit will consist of one NFT common share of the company and one-half of one warrant. Torr Metals expects to raise up to $600,000 in aggregate gross proceeds. To view the full…

TuesdaySep 17, 2024 10:58 am

MiningNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) CEO Featured in Latest Episode of the MiningNewsWire Podcast

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62), a company focused on oil and natural-gas production for Europe and Türkiye, is spotlighted in this week’s episode of the MiningNewsWire podcast, which was released by IBN, a multifaceted communications organization. According to the announcement, Trillion Energy CEO and director Dr. Arthur Halleran was the guest on the episode; the Mining NewsWire Podcast features insightful interviews with executives who are shaping the future of the global mining industry. During the episode, Halleran and podcast host Stuart Smith discussed the company’s project portfolio as well as the executive team’s background and experience. “When…

MondaySep 16, 2024 9:51 am

MiningNewsBreaks – Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) Reports on Updated Independent Definitive Feasibility Study for Waterberg Mine

Platinum Group Metals (TSX: PTM) (NYSE American: PLG), operator of the Waterberg Project, a bulk underground platinum group metals (“PGM”) deposit located on the northern limb of the Bushveld Complex in South Africa, is reporting positive results from an Independent Definitive Feasibility Study Update (“2024 DFS”) for the Waterberg Mine. The study was completed by a team of specialists, including international engineering entity Stantec Consulting International Ltd. and South African engineering firm DRA Projects SA (Pty) Ltd. The 2024 DFS is an update to the Waterberg Project's original Independent Definitive Feasibility Study published in September 2019 (“2019 DFS”). According to…

FridaySep 13, 2024 2:30 pm

MiningNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Stands Out as Beacon of Opportunity in the Mining Sector

Torr Metals Inc.’s (TSX.V: TMET) Kolos Copper-Gold Project in British Columbia’s Quesnel Trough, a region pulsing with mining history and supported by infrastructure that keeps costs slow and operations running year-round, is strategically positioned. “And it doesn’t stop there. Torr’s Filion Project in northern Ontario sits right off the Trans-Canada Highway, with rail and power infrastructure at its doorstep, making it a prime potential target for the next big gold discovery. Then there’s the Latham Project, anchored in BC’s legendary ‘Golden Triangle,’ an area so rich in minerals that even the highways – like Highway 37 transecting the project, currently…

FridaySep 13, 2024 1:43 pm

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Looking to Unlock Significant Potential at Albert Lake, Gochager Lake Properties

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) is a Canadian junior mining exploration and development company focused on acquiring, exploring, and developing high-quality nickel, copper and cobalt deposits. The company is actively exploring the Albert Lake and Gochager Lake properties. “Fathom Nickel’s Albert Lake property is a promising exploration target. Formerly home to the high-grade Rottenstone Mine, this expansive landholding offers significant potential for magmatic nickel sulfide mineralization. Through the addition of the Tremblay-Olson Claims in 2022, the 100%-owned property now encompasses over 90,000 hectares. Fathom’s ongoing exploration works aim to unlock the full potential of this historically productive…

WednesdaySep 11, 2024 3:25 pm

MiningNewsBreaks – Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) Releases Results from Parbec Gold Project Soil Sampling

Renforth Resources (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) is reporting that results from the initial soil sampling campaign on its Parbec Gold Project have extended the gold-bearing ground. According to the announcement, the extension goes beyond the area of the Cadillac Break and the modelled gold deposit. The company noted that the surface sample results reinforce its recent reinterpretation of the Parbec gold deposit, including gold-bearing structures extending into the Pontiac Sediments. “Highly elevated gold values in soil samples from our recently completed soil survey, such as 0.28 grams per tonne (g/t) and 0.23 g/t gold (Au), along with the…

WednesdaySep 11, 2024 12:01 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Shares New Assay Results from Grey Fox Gold Deposit

McEwen Mining (NYSE: MUX) (TSX: MUX), an asset rich diversified gold and silver producer in the Americas with a large exposure to copper through its McEwen Copper subsidiary, today provided new assay results from Grey Fox, currently a +1 million ounce gold deposit. The deposit is part of the Fox Complex in the Timmons region of Ontario, Canada, and is the next project in the company’s growth pipeline. Key assay highlights included hole 24GF-1471 (4.9 g/t Au over 6.4 m), hole 24GF-1474 (13.8 g/t Au over 2.4 m) and hole 24GF-1452 (9.8 g/t Au over 2.8 m). The assay results…

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