WednesdayFeb 09, 2022 12:51 pm

MiningNewsBreaks – Joshua Gold Resources Inc. (JSHG) to Identify Potential Drill Targets at Seymour Lake Extension Property

Joshua Gold Resources (OTC: JSHG), an American gold and mineral exploration company headquartered in Canada, today announced that it will be conducting a Drone Magnetometer Survey on its 100% owned Seymour Lake Extension property. JSHG is commencing the survey in order to pinpoint potential lithium (“Li”) drill targets at its property situated in northwestern Ontario within the Caribou-Marshall Lake Greenstone Belt. The Seymour Lake Extension property is adjacent to Green Technology Metals’ Seymour Lake lithium deposit, estimated to contain 2 to 3 million tons of 1.25% lithium. “With the global surge in electric vehicle production, lithium prices have exploded as…

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WednesdayFeb 09, 2022 12:11 pm

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) Releases Results from Diamond Drilling Campaign

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) has shared the results from a diamond drilling campaign conducted last year as part of its ongoing exploration program at the Silver City project in Saxony, Germany. With 24 diamond drill holes completed on the program to date, highlights from the drilling include news that the step-out drilling intersected significant silver mineralization at four targets and that the historical data review, structural and geological modelling, and soil sampling and prospecting is in progress on the Bräunsdorf license. Excellon is also planning additional soil lines for the Oederan, Mohorn and Frauenstein licenses to be…

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FridayFeb 04, 2022 12:52 pm

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Optimistic About Potential of Precious Metals Market

StraightUp Resources (CSE: ST) (OTCQB: STUPF), a company dedicated to acquiring and exploring mineral property assets, is optimistic about the potential of the precious metals market in light of the uncertainty in economic forces at play in the world today. “As Americans are weary of COVID-19 pandemic restrictions and worry more about the economy and inflation’s effects on their personal finances, many investors are considering a move toward precious metals as a safe haven,” a recent article reads. StraightUp is focusing most of its attention on five projects it has optioned in Ontario’s greenbelt region. The Ferdinand, RLX North, RLX…

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ThursdayJan 27, 2022 2:36 pm

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Targeting Transition from Exploration Company to Mining Company

StraightUp Resources (CSE: ST) (OTCQB: STUPF) is ideally positioning itself to tap into the expected growth trends in regard to the prices of precious metals. The average silver prices per troy ounce have trended upwards since 2018, while the average gold prices per troy ounce have increased year-over-year since 2015. StraightUp is undertaking thorough exploration work at its existing mining assets as well as acquiring new properties. For example, in September last year, the company acquired the West Cat Mine in the historical Beatty Mountain Nevada Mining District in Nye County, Nevada. According to NI 43-101 compliant historical data, the…

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FridayJan 21, 2022 12:35 pm

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Expected to Benefit as Investors Seek Alternatives to Cash

StraightUp Resources (CSE: ST) (OTCQB: STUPF) is positioning amid the price rally experienced within the precious metals market following a rise in inflation. December numbers released by the Bureau of Labor Statistics showed the U.S. inflation rate rose to 6.8%, its highest point since 1982, on the back of higher housing, food and gas prices. Earlier in November, in spite of normal and expected ups and downs, gold prices rallied to a near-five-month high after consumer price data prompted people to buy gold as a hedge against inflation. “Economists expect that strong inflation will continue to drive buyers into gold……

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TuesdayJan 18, 2022 11:11 am

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) Releases Production Results for Q4, FY2021

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) has shared production numbers for its Platosa Mine project, located in Durango, Mexico. Highlights of the report note that compared to 2020, silver equivalent production has increased 25%, from 1.6 million AgEq oz. to 2 million AgEq oz; that number specifically comes from an increase in silver, lead and zinc production throughout 2021. For the fourth quarter, AgE1 production decreased 12% compared to 2020 overall. Despite that decline, the announcement noted that consistent throughput continued during Q4, which was the sixth consecutive quarter of more than 20,000 tons mined and milled from…

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FridayJan 14, 2022 12:12 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Stands Distinct in High-Purity Rare Earth Carbonate Production

Energy Fuels (NYSE American: UUUU) (TSX: EFR) has partnered with Nanoscale Powders LLC (“NSP”) with plans to develop a novel technology for the production of rare earth elements (“REE”) metals. The company believes the technology, initially developed by NSP and to be advanced by the UUUU-NSP partnership, has the potential to revolutionize the rare earth metal making industry by increasing safety, reducing production costs and energy consumption, and significantly reducing greenhouse gas emissions. NSP brings its tech while UUUU contributes the rare earth material and industrial-scale processing facility. A recent article quotes UUUU president and CEO Mark S. Chalmers as…

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ThursdayJan 13, 2022 2:47 pm

MiningNewsBreaks – StorEn Technologies Inc.’s Collaborative Project Set to Bring Opportunity to Local Manufacturing Community

StorEn Technologies is a developer of evolutionary vanadium flow batteries with a disruptive patent-pending, all-vanadium flow battery technology. The company takes pride in offering solutions that meet consumers’ demand for efficient, durable and cost-effective energy storage, enabling self-consumption of self-produced electricity and the transition toward a carbon-free economy. StorEn is involved in a project in Australia led by Future Battery Industries CRC, with QUT, research partners, state and federal governments, which allows researchers to test and develop safety standards for vanadium flow batteries. The 30-kWh battery is provided by Multicom Resources Limited in partnership with StorEn. A recent article, which…

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ThursdayJan 13, 2022 2:33 pm

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Announces Receipt of Early Exploration Permit for RLX North Property

StraightUp Resources (CSE: ST) (OTCQB: STUPF), a public company engaged in the business of mineral exploration and the acquisition of mineral property assets in North America, has received an early exploration permit from the Ministry of Northern Development and Mine, Natural Resources and Forestry (“NDMNF”). The permit, which is effective for three years, allows the company to conduct mechanized drilling and ground geophysical surveys that require a generator. The permit covers the company’s RLX North Property, which is located in the Red Lake Greenstone Belt of northwestern Ontario, and which has been identified as a high-priority exploration target. StraightUp has…

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ThursdayJan 13, 2022 12:47 pm

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) Releases Results from Platosa Drilling

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) has announced results from its latest underground drilling at the Platosa Mine in Durango, Mexico. The follow-up drilling was conducted on the 817 Zone below Manto 623. Results defined a zone of high-grade silver mineralization with highlights including the following: 2,490 g/t silver equivalent over 2.9 meters and 5,089 g/t AgEq over 0.4 meters in EX21UG761; 3,905 g/t AgEq over 1.8 meters) in EX21UG760; 2,124 g/t AgEq over 2.8 meters in EX21UG812; 4,939 g/t AgEq over 0.9 meters in EX21UG769; and 3,158 g/t AgEq over 1.0 meters (2,956 g/t Ag, 6.1% Pb and…

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