MiningNewsBreaks Archive - Page 101 of 125

TuesdayJun 15, 2021 10:19 am

MiningNewsBreaks – Asia Broadband Inc. (AABB) Announces Plans to Pursue AABBG Token Business Development in Central America

Asia Broadband (OTC: AABB) today announced that it is proceeding with plans to establish a presence in Central America and build a demand for its gold-backed cryptocurrency (“AABBG”) token in El Salvador. According to the update, AABB will be targeting major Salvadoran retailers to engage in acceptance and processing agreements for customer purchases with AABBG. The business development program is designed to provide retailers and customers with substantial commission and discount incentives to fulfill transactions with AABBG and facilitate circulation expansion. The company plans the creation of a Spanish version of the AABB Wallet and upcoming exchange with the AABBG…

TuesdayJun 15, 2021 10:08 am

MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Releases Channel Sample Results from Augustus Lithium Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, is reporting assay results from its most recent channel sampling program at its Augustus Lithium Property, which is located in Quebec, Canada. According to the announcement, the north extension of the Channel 21-2E samples at the Beluga Pegmatite of the Canadian Lithium Prospect cut an eight-meter-wide section with an average of 1.44% lithium oxide (Li 2 O). Designed to locate and confirm historical lithium pegmatite occurrences, ground exploration work at the Augustus property has been continuous since February 2021. The surface channel sampling also assists in resource estimation to tie up…

MondayJun 14, 2021 1:21 pm

MiningNewsBreaks – Asia Broadband Inc. (AABB) Eyes Acquisitions to Strengthen Cryptocurrency Operations

Asia Broadband (OTC: AABB) utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of base and precious metals in Mexico to its client sales networks in Asia. The company is currently in the process of reviewing two properties located in the prolific gold mining regions of Mascota and Acaponeta in Mexico. Upon completion of drill testing, assays and other due diligence processes, AABB intends to accelerate acquisition of the properties, each of which have multiple mining sites, existing infrastructure and production facilities capable of processing 250 tons of…

MondayJun 14, 2021 10:34 am

MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Comprehensive Advertising Program, Plans to Increase Drilling at Augustus Lithium Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today announced that it has engaged Sidis holdings Limited and Maynard Communications Limited to provide corporate communications services to the company. According to the update, the services each company will provide include, but are not limited to, SEO, digital media campaigns for branding, media consulting, general business development, multimedia services, project management, and product and services marketing and advertising. The comprehensive advertising program is designed to build brand familiarity, general recognition and awareness within online investor content platforms. In addition, First Energy Metals announced that it is…

WednesdayJun 09, 2021 10:21 am

MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Acquisition of McNeely Lithium Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, has entered into an acquisition agreement with Globex Mining Enterprises Inc. (TSX: GMX) (OTCQX: GLBXF) (FSE: G1MN). The agreement calls for FEMFF to acquire 100% interest into McNeely Lithium Property in Quebec. Located in LaCorne, Landrienne and Figuery Townships, the claims are scattered across several claim blocks and include 66 mining claims covering a total area of 2,276.49 hectares. Several of the claims are adjacent to FEMFF’s Augustus Lithium Property. In a separate release, Globex announced the same transaction, stating that the company is pleased to vend the property to…

TuesdayJun 08, 2021 10:53 am

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Announces Details on 2021 Silver City Drilling Program

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) today announced permitting approval for the drill operation plan at the Silver City Project in Saxony, Germany, and provided details outlining the 2021 drilling program. “Our 2020 drilling program confirmed the presence of a major epithermal system, encountered high-grade silver species and delivered high-grade assays, including new discoveries at Grauer Wolf and Reichenbach,” said Ben Pullinger, SVP of Geology and Corporate Development at Excellon Resources. “We achieved these milestones with only 16 holes over 24 kilometres of strike. This year's program will build on the modelling and integration of those results…

MondayJun 07, 2021 11:32 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) to Participate as Hall of Fame Presenter at LD Micro Invitational XI

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the number one U.S. producer of uranium and an emerging U.S. producer of rare earth elements, today announced that it will be a Hall of Fame Presenter at the upcoming LD Micro Invitational XI virtual event. According to the update, Energy Fuels CEO and President Mark S. Chalmers will discuss the company’s growing, monazite-based rare earth element (“REE”) business. Under the business, Energy Fuels, at its Utah-based White Mesa Mill, recently began ramping up U.S. production of an intermediate REE product called a mixed REE carbonate, which, upon success, will be a product ready for…

ThursdayJun 03, 2021 9:56 am

MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Closing of Private Placement

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today announced that it has closed a non-brokered private placement for aggregate gross proceeds of $1,000,000. According to the update, the offering consisted of the sale of $771,299.76 flow-through units ("FT units") by way of issuing 2,003,376 shares at $0.385 per FT unit and the sale of $228,700.24 hard dollar units ("HD units ") by way of issuing 682,687 shares at $0.335 per HD unit. Final closing of the transaction and private placement is subject to obtaining all standard regulatory approvals, including from the CSE. All securities…

TuesdayJun 01, 2021 2:27 pm

MiningNewsBreaks – Asia Broadband Inc. (AABB) Anticipates High Gold Concentrations, Production from Likely Acquisitions

Asia Broadband (OTC: AABB), a resource company that produces, supplies and sells precious and base metals, recently received mapping and rock sample assay results for the Los Reyes property, located in the prolific region of Mascota in Jalisco, Mexico. “The results from non-targeted rock samples showed great promise for AABB and strongly demonstrated that targeted drilling samples, directed by geophysics data, could have higher gold concentrations and values,” reads a recent article. The Los Reyes property is one of two assets Asia Broadband plans to acquire. “AABB’s sights are also set on a second property located in the region of…

TuesdayJun 01, 2021 11:59 am

MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Large Drilled Widths of Lithium-Bearing Zones at Quebec Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today announced results of drill hole NC21-16 at its Augustus Lithium Property in Quebec, Canada. According to the update, the drill hole intersected a 19-meter-wide zone with 1.17% lithium oxide (“Li 2 O”) at 126 metres (“m”) drilled depth. In addition, there are anomalous values of other rare metals including average values of niobium (“Nb”) 77.83 parts per million (“ppm”), rubidium (“Rb”) 1,378.58 ppm, tantalum (“Ta”) 96.79 ppm, beryllium (“Be”) 181 ppm, and cesium (“Cs”) 67.45 ppm. Average value of iron (“Fe”) is 0.47%. “We are pleased…

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