MiningNewsBreaks Archive - Page 118 of 139

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,…

ThursdayMay 06, 2021 11:31 am

MiningNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Completes 2nd Step to Verify Historical Exploration Work at Augustus Lithium Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today announced results of a drill hole at its Augustus Lithium Property in Quebec, Canada. According to the update, drill hole LC21-003 intersected a six-meter-wide zone with 0.62% lithium oxide ("Li2O") at 45-metres ("m") depth including a two-metres-wide intersection with 1.35% Li2O at 48 m depth. Additionally, a second two-meter-wide pegmatite intersection assayed 0.63% Li2O at 73 m depth. "We are very pleased that drill results have started to arrive. After fieldwork mapping and sampling, this is the second step to verify historical exploration work," said Gurminder…

TuesdayMay 04, 2021 12:26 pm

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

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, has announced additional assay results from the channel sampling program conducted at its Augustus Lithium Property in Quebec. The samples taken from the Beluga Pegmatite of the Canadian Lithium Prospect cut a 31-meter-wide section with an average of 0.37% lithium oxide (Li2O), which includes four meters of spodumene pegmatite at 1.20$ Li2O. The company has been doing continuous ground exploration work since February with the objective of locating and confirming historical lithium pegmatite occurrences on two of its locations: Augustus and Canadian Lithium Prospects. The work, which includes field exploration…

MondayMay 03, 2021 2:49 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) On Pace to Outperform in Commercial REE Carbonate Production

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has received the first shipments of monazite from The Chemours Company’s Offerman Mineral Sand Plant in Georgia. The delivery sets the wheels in motion for UUUU to produce mixed rare earth elements (“REE”) carbonate and subsequently sell the product to Neo Performance Materials’ REE separation plant in Europe “for production of value-added REE products available to U.S. and European manufacturers,” says a recent article. While the initial production phase of the REE value chain holds great potential for UUUU, the company is still focused on its core business: uranium. “If successful in the…

FridayApr 30, 2021 12:32 pm

MiningNewsBreaks – Perpetual Industries Inc. (PRPI) to Combine Expertise to Form Robust, Comprehensive Service

Perpetual Industries (OTC: PRPI) recently completed two key acquisitions: Worldwide Group LLC, a U.S.-based boutique auction company, and AutoGrafic Software Systems, a software-as-a-service (“SaaS”) company. The acquisitions align with PRPI’s mission to bring value-added technologies to the market. Worldwide is focused on selling and acquiring classic vintage automobiles at auctions globally, while AutoGrafic utilizes advanced technology to host various aspects for automotive promotion and preservation. “In conjunction with the acquisitions, Perpetual announced plans to create a new division of the company, bringing the combined expertise of all its resources together in a robust, comprehensive service,” reads a recent article. “Future…

FridayApr 30, 2021 11:45 am

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Granted Additional Exploration Licenses for Silver City Project

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 been granted three additional exploration licenses for Frauenstein, Mohorn and Oederan by the Saxon Mining Authority for its Silver City Project. The licenses mean that the project’s size has doubled to 34,150 hectares. “Excellon also holds an option to acquire a 100% interest in the Bräunsdorf license on the Silver City Project from Globex Mining Enterprises Inc. (TSX: GMX) (OTCQX: GLBXF) (FRA: G1MN),” reads a recent article. The Silver City…

ThursdayApr 29, 2021 11:18 am

MiningNewsBreaks – Augusta Gold Corp. (TSX: G) (OTCQB: AUGG) (FSE: 11B) Releases Drill Results from Montgomery-Shoshone Exploration Program

Augusta Gold (TSX: G) (OTCQB: AUGG) (FSE: 11B), has released an update based on the 2021 exploration program now underway at its wholly owned Bullfrog Gold project located in Nevada; the update specifically focused on the drilling and results for the Montgomery-Shoshone target. The announcement noted down-dip extension of the Polaris Vein 50 meters below historic drilling with hole BFG21-MS13 returning 32.5 meters assaying 0.76 g/t Au, as well as extension of the Polaris Vein 175 meters south from the historic pit with hole BFG21-MS11 returning 60.7 meters assaying 0.35 g/t Au before the hole was lost due to poor conditions in the vein zone. In…

WednesdayApr 28, 2021 2:52 pm

MiningNewsBreaks – Asia Broadband Inc. (AABB) to Proceed with International Marketing of Gold-Backed Token

Asia Broadband (OTC: AABB) recently recorded more than $1 million in sales within the first two weeks after launch of its AABB Gold (“AABBG”) token. The record sales were achieved even before embarking on an international marketing campaign, which, once it commences, will amplify public and investment community awareness of AABB, promote brand exposure and increase token sales and AABB wallet transactions. “Asia Broadband has taken a progressive approach to rolling out its gold-backed token,” reads a recent article. “What began as a vision to become a world leader in providing a standard of exchange that is secure, transparent, trusted…

TuesdayApr 27, 2021 2:15 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) to Work with Leading Consultant on REEs Study

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has announced it has engaged Carester SAS, a leading global expert on rare earth separation, to help prepare a scoping study for the development of a solvent extraction (“SX”) rare earth element (“REE”) separation circuit at UUUU’s White Mesa Mill in Utah. Carester brings in impressive background in designing, constructing, operating and optimizing REE production facilities globally and has significant experience in processing natural monazite feeds into value-added rare earth products. Carester is working with Energy Fuels in its planned development of REE separation capabilities at the White Mesa Mill. Energy Fuels intends to…

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