MiningNewsBreaks Archive - Page 129 of 146

MondayMar 15, 2021 3:29 pm

MiningNewsBreaks – GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) Reaches Key Milestone Considered Essential Success Factor

GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF), a Canadian junior exploration company, looks poised to achieve success given its recent appointment of Chris Ford to the company’s advisory board. “Ford will be a significant contributor to the company’s Chilean operations,” reads an article discussing the appointment and GOH’s prospects. “The latest move is in line with GOH’s strategic ambition to attract robust talent pool as the company believes that essential to its success is the right people along with the right product and right timing enhanced by strong commitment. The latest addition to its supervisory board shows that GOH is poised…

MondayMar 15, 2021 10:58 am

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Announces Expansion of Silver City Project in Germany

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) has more than doubled its Silver City Project with the addition of three exploration licenses for Frauenstein, Mohorn and Oederan. The project now totals an estimated 34,150 hectares. The additional areas have historical records that show centuries of high-grade silver production to shallow depths and recent confirmation samples assaying multi-kilo silver and significant gold. Silver mining in the Frauenstein area, which totals 5,700 hectares, began as early as the 13th century with significant production of silver ranging from the early 1700s until the area closed in 1884. In Mohorn, also 5,700…

FridayMar 12, 2021 2:32 pm

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Adds 4th Priority to 2021 Silver City Drilling Program

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, recently announced a new discovery. High-grade silver mineralization was found at the fourth target drilled at EXN’s Silver City project — Grauer Wolf. A recent article discussing this reads, “According to the announcement, the discovery is located on a geological site with little historical mining and adds a fourth priority area for follow-up in the 2021 drilling program at Silver City. With eight holes still outstanding, there is strong potential for…

WednesdayMar 10, 2021 12:53 pm

MiningNewsBreaks – Why Uranium Energy Corp. (NYSE American: UEC) Is ‘One to Watch’

Uranium Energy (NYSE American: UEC) is a Corpus Christi, Texas-based uranium mining and exploration company that controls one of the largest historical uranium exploration and development databases in the United States. The company’s acquired properties are primarily located within the U.S., including Texas, New Mexico, Colorado, Arizona and Wyoming. Through leveraging historical exploration data, UEC has been able to target and acquire properties that have previously been subject to exploration and development by senior energy firms. UEC utilizes low-cost, environmentally friendly in-situ recovery (“ISR”) technology at its fully licensed projects, including Palangana, Burke Hollow, Goliad and Reno Creek. A recent…

TuesdayMar 09, 2021 11:32 am

MiningNewsBreaks – Asia Broadband Inc. (AABB) Announces Characteristics of Gold-Backed Crypto Token

Asia Broadband (OTC: AABB), a resource company focused on the production, supply and sale of precious and base metals, today specified the characteristics of the company’s AABB Gold (“AABBG”) cryptocurrency wallet and token developed by Core State Holdings Corp. (“CSHC”). According to the update, the AABBG token is backed 100% by physical gold held by the company in several high security, private locations in Mexico. AABB will continue to back the token 100% by additional physical gold acquired from future mining production and gold purchased from cash reserves or credit. The initial token release will be backed by $30 million…

TuesdayMar 09, 2021 10:36 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) to Begin Commercial Recovery of Rare Earths in Coming Weeks

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading producer of uranium and critical minerals in the United States, today announced that the first shipments of natural monazite ore arrived this past weekend at the company's White Mesa Mill in Blanding, Utah. According to the update, the material was separated by The Chemours Company at its Offerman Mineral Sand Plant in Georgia and transported by truck to the White Mesa Mill. In the coming weeks, Energy Fuels expects to gradually ramp-up production of an intermediate rare earth element ("REE") product, called a "mixed REE carbonate," which will then advance to…

ThursdayMar 04, 2021 2:39 pm

MiningNewsBreaks – Why Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Is ‘One to Watch’

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) is a producer of silver and base metals with precious metal exploration and development projects in Mexico, Idaho and Germany. Since its 1987 founding, the company has been advancing a precious metals growth pipeline focused on creating wealth for its stakeholders by realizing strategic opportunities in the silver and gold markets. A recent article discussing the company reads, “Excellon is an active and influential member of the Mining Association of Canada (‘MAC’). The company implements a practical, best-in-class management system that addresses the safety, health, security, environmental and community aspects of…

ThursdayMar 04, 2021 12:34 pm

MiningNewsBreaks – GoldHaven Resources Corp. (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) Issues Rio Loa Drilling Update, Prepares for First Phase Drilling at Alicia

GoldHaven Resources (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS), a Canada-based company engaged in the business of acquiring and exploring mineral resource properties, today announced that Phase I drilling continues to advance as planned at Rio Loa. According to the update, the Rio Loa project is located 25 km south of Gold Field's Salares Norte deposit (5.2 million ounces equivalent of gold scheduled to produce 450,000oz of gold per annum*) and 6 km south of Gold Field's Horizonte discovery. The GoldHaven team is actively drilling hole RCRL-003, which is currently in argillic altered limonite-rich volcanic rocks. Silicified volcaniclastic rocks with incipient…

ThursdayMar 04, 2021 11:58 am

MiningNewsBreaks – Asia Broadband Inc. (AABB) Enters LOI to Acquire Mexico-Based Gold Mine and Production Facilities

Asia Broadband (OTC: AABB) today announced its entry into a letter of intent (“LOI”) to acquire a historic production gold mine property and on-site processing facilities in the prolific mining region of Mascota in Jalisco, Mexico. According to the update, the 200-hectare property, located near the community of Navidad, has two mine sites, existing infrastructure and a 50-ton per day processing facility operating on 25 hectares of the property. Asia Broadband has been strategically broadening its initiative to acquire gold production and increase its physical gold holdings. The company will be conducting further due diligence and continuing its negotiations to…

WednesdayMar 03, 2021 9:44 am

MiningNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) CEO Releases Integrity Statement

Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading clean-technology company that has developed a new class of power electronics for electric motors and batteries, has made available what it is calling an integrity statement from company CEO Sue Ozdemir. The statement was released in response to a report, which impacted EXRO stock, that was not affiliated in any way with Exro or the company’s management team. In her statement, Ozdemir noted that the report was full of inaccuracies, innuendos and outright distortions in what she called a “short seller attack” on the company. “We will not take this report lightly and…

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