MiningNewsBreaks Archive - Page 103 of 125

MondayMay 17, 2021 1:12 pm

MiningNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF) Commences PEA Work on TETRA Property

Standard Lithium (TSX.V: SLL) (FRA: S5L) (OTCQX: STLHF), an innovative technology and lithium project development company, today announced it has commenced work on a Preliminary Economic Assessment (“PEA”) on its TETRA Property located in the south-western region of Arkansas. The PEA will consider an integrated project that includes brine supply and injection wells, pipelines and brine treatment infrastructure, a direct lithium extraction plant using the company’s proprietary LiSTR technology, and a lithium chloride to lithium hydroxide conversion plant. “We continue to evaluate and accelerate our lithium brine project development activities in southern Arkansas. The TETRA project is a very high-quality…

MondayMay 17, 2021 12:19 pm

MiningNewsBreaks – Asia Broadband Inc. (AABB) Furthers Goal for AABBG Gold Token

Asia Broadband (OTC: AABB), a resource company that produces, supplies and sells precious and base metals, has hit several milestones in its push to reach the goal set for its gold-backed cryptocurrency token AABB Gold (“AABBG”) to become a secure and trusted worldwide standard of exchange. Some of the milestones reached include the launch of the token and AABB Wallet, the deployment of the mine-to-token approach that aims for complete independence from fiat currency and, more recently, the launch of an international marketing campaign. In the coming months, the company expects to launch its proprietary exchange. A recent article reads,…

MondayMay 17, 2021 12:01 pm

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Finds Compelling Results at Platosa Mine

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with operations in Mexico and precious metal exploration projects in Mexico, Idaho and Germany, has found additional high-grade silver in the Platosa Mine in Mexico. The find was captured in recently released results from underground expansion and exploration drilling at the site, which the company described as “compelling.” It complements the company’s efforts to advance a precious metals growth pipeline in Platosa through further explorations. A recent article quotes the senior vice president of Geology and Corporate Development, Ben Pullinger, as saying, “Initial drilling from…

MondayMay 17, 2021 11:09 am

MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Incentive Stock Options

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, announced that it has granted incentive stock options. The options will enable specific directors, officers and consultants to purchase up to 850,000 common shares; the shares will be offered under FEMFF’s incentive stock option plan. According to the announcement, the options will be exercisable for a five-year period at an exercise price of $0.35 per share. All options are subject to Canadian Securities Exchange approval. Part of First Energy objective is to add to its portfolio in a deliberate approach in a way that adds value; currently the company’s…

FridayMay 14, 2021 10:57 am

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Releases Q1 2021 Financial, General Meeting Report

Excellon Resources (TSX: EXN, EXN.WT) (NYSE American: EXN) (FSE: E4X2) has released its financial report for first quarter 2021, the period ended March 31, 2021. The report included both financial and operational highlights. Among the financial highlights for the company was the announcement that revenues had increased by 76% to $9.8 million during Q1 2020 compared to $5.6 million in Q1 2020, and gross profit reached $1.8 million, a $3 million improvement over first quarter 2020, which posted a $1.2 million loss. The company also reported total cash cost net of byproducts per silver ounce payable decreased by 13% to $13.43 compared to $15.35 the same quarter…

ThursdayMay 13, 2021 3:03 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Is ‘America’s Critical Mineral Hub’

Energy Fuels (NYSE American: UUUU) (TSX: EFR) was featured in a recent article discussing its emergence as “America’s Critical Mineral Hub,” and a leader in the domestic production of uranium, vanadium and rare earth elements (“REEs”). These critical minerals are the building blocks of many clean energy technologies, including electric vehicles (“EVs”), renewable energy systems, nuclear energy and advanced grid-scale batteries. UUUU is the largest U.S. producer of uranium, a leading producer of vanadium and has launched a new fully integrated REE supply chain for the United States and Europe. Energy Fuels president and CEO Mark Chalmers was quoted in…

ThursdayMay 13, 2021 12:29 pm

MiningNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Keen on Becoming Nation’s Largest, Most Profitable Uranium Company

Uranium Energy (NYSE American: UEC) is intent on advancing and expanding Burke Hollow’s resources, an in-situ recovery (“ISR”) uranium project in South Texas, according to a recent article. As a result, it “restarted wellfield development and resource delineation drilling.” The expansion of Burke Hollow’s resources “dovetails with UEC’s plans to participate in supplying the U.S. Uranium Reserve (‘UR’) as outlined in the Nuclear Fuel Working Group report published by the U.S. Department of Energy.” The company controls the largest uranium resource base of fully permitted ISR projects in Texas and Wyoming of any U.S.-based producer and is also “investing to…

WednesdayMay 12, 2021 10:09 am

MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Promising Drill Results at Augustus Lithium Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today announced the results of drill hole LC21-12 at its Augustus Lithium Property in Quebec, Canada. According to the update, the drill hole intersected a 10-meter-wide zone with 1.11% lithium oxide ("Li2O") at 110 metres ("m") depth. In addition, there are anomalous values of other rare metals including average values of niobium ("Nb") 99.78 parts per million ("ppm"), rubidium ("Rb") 1,609.7 ppm, tantalum ("Ta") 65.16 ppm, beryllium ("Be") 200.7 ppm, and cesium ("Cs") 60.55 ppm. Average value of iron ("Fe") is 0.494%. "The first drill hole at…

FridayMay 07, 2021 2:52 pm

MiningNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Poised for Opportunity Amid Rising Demand

Uranium Energy (NYSE American: UEC) is positioned to benefit from the increased demand for low-cost and environmentally friendly uranium. This comes as the U.S. Democratic Party has changed its stand on nuclear energy for the first time since the Nixon administration in 1972. The move by the new administration bodes well for Uranium Energy. A recent article reads, “UEC has used and will be using in-situ recovery (‘ISR’) technology at its fully licensed projects. The company’s resource base of fully permitted ISR projects is the largest of any U.S.-based producer. These projects and the green technology they utilize have situated…

ThursdayMay 06, 2021 2:14 pm

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Featured in Stock2Me Podcast

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) was featured in the latest episode of The Stock2Me Podcast, an InvestorBrandNetwork (“IBN”) solution to provide specialized content distribution via widespread syndication channels. Excellon’s CEO and President Brendan Cahill joined the program to introduce the company’s business model and its current portfolio of production and exploration resource projects spanning North America and Europe. “Excellon’s actually been around quite a long time. It was founded in 1989 but got to Mexico in the late ‘90s and started the Platosa Mine in 2005. It’s Mexico’s highest-grade silver producer,” Cahill explained. “We produce silver,…

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