MiningNewsBreaks Archive - Page 30 of 116

ThursdayOct 10, 2024 12:34 pm

MiningNewsBreaks – Dynasty Gold Corp. (TSX.V: DYG) (FSE: D5G1) (OTC: DGDCF) Shares Results from 2024 Annual General Meeting, Progress on Thundercloud Project

Dynasty Gold (TSX.V: DYG) (FSE: D5G1) (OTC: DGDCF), a Canadian mineral exploration company, today announced results from its 2024 annual general meeting held on October 4, 2024. The company reported that all resolutions were approved and that Ivy Chong, Roman Shklanka, Larry Kornze, and Richard Redfern were elected directors until the next annual general meeting. The company also provided an update on the drilling progress at its Thundercloud Project, capturing the results from the three drilling campaigns conducted between 2022 and 2024. “This project looks very promising of becoming a mine, given these grades and shallow intercepts,” said Roman Shklanka,…

ThursdayOct 10, 2024 12:02 pm

MiningNewsBreaks – Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) Reports Filing of Independent DFS Update Technical Report

Platinum Group Metals (TSX: PTM) (NYSE American: PLG), operator of the Waterberg Project, a bulk underground platinum group metals (“PGM”) deposit located on the northern limb of the Bushveld Complex in South Africa, has filed a Definitive Feasibility Study (“DFS”) technical report on its Waterberg Project, in compliance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). The study is associated with the Independent Definitive Feasibility Study, which it filed last month. Titled "Waterberg Definitive Feasibility Study Update, Bushveld Igneous Complex, Republic of South Africa," the report was prepared by a team of specialists and supports the…

WednesdayOct 09, 2024 10:45 am

MiningNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Shares Additional Information on the PyroDelta Thermoelectric Generator, Relationship with Subsidiary

First Tellurium (CSE: FTEL) (OTC: FSTTF) today provided additional information to help answer inquiries related to materials involved in building the PyroDelta thermoelectric generators. According to the company, tellurium is the most important component and the chief catalyst of the generator’s effectiveness, as it provides one of the highest thermoelectric effects. The generator also uses other critical metals in its composition. The company noted that the tellurium-based generator is a strategic fit for its long-term growth. The additional information also covered PyroDelta Energy’s relationship with the company. Led by inventor Michael Abdelmaseh, PyroDelta Energy is a majority-owned, U.S.-based subsidiary of…

MondayOct 07, 2024 11:42 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Discusses Completed Acquisition of Base Resources During Conference Call

Energy Fuels (NYSE American: UUUU) (TSX: EFR), an industry leader in the U.S. production of uranium and rare earth elements (“REE”) hosted a conference call this morning. The call began at 9 a.m. ET and focused on the company’s recently completed acquisition of Base Resources Limited. Mark Chalmers, Energy Fuels president and CEO, was joined by Tim Carstens, managing director of Base Resources, on the call, which included time for questions and answers. A replay of the call is available until Oct. 14, 2024, by dialing 1-289-819-1450 in Toronto or 1-888-660-6345 (toll free in North America), then use entry code 95890#.…

MondayOct 07, 2024 10:47 am

MiningNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) Announces Commencement of VC Program

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62), a company focused on oil and natural-gas production for Europe and Türkiye, is gearing up SASB gas field operations with the installation of Velocity Strings (“VS”). According to the announcement, the company and its partner at SASB reached an agreement on Sept. 30, 2024, regarding the technical aspects of the program. Consequently, Trillion Energy was assigned operatorship for the conduct of this program and signed a service agreement with a snubbing provider to install the velocity strings. “Initially it was assumed that the VS could only be run in using a drilling…

FridayOct 04, 2024 3:57 pm

MiningNewsBreaks – Gatos Silver Inc. (NYSE: GATO) Releases Q3 LGJV Exploration Results, Notes ‘Early Positive Results’

Gatos Silver (NYSE: GATO), a silver-dominant exploration, development and production company, is reporting an update on its drilling and exploration programs in the Mexico-based Los Gatos District (“LGD”) . The company is 70% owner of the Los Gatos Joint Venture (“LGJV”). The update notes early positive results, such as mineralized intercepts on the Central Deeps target; the potential for a further extension of the South-East Deeps zone at the Cerro Los Gatos (“CLG”) Mine; and key developments in the ongoing regional exploration program. “The exploration results this quarter continue to demonstrate further life-extension potential at CLG beyond the recently announced…

FridayOct 04, 2024 3:20 pm

MiningNewsBreaks – Fathom Nickel Inc.’s (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Geochemistry Program Reveals Remarkable 25-Fold Increase in Geochemical Footprint

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) recently announced the results of its June soil and rock geochemistry program, revealing a dramatic increase in the Gochager Lake deposit’s geochemical footprint. “Data from the latest geochemical analysis has extended the Gochager Lake deposit’s footprint by up to four kilometers along trend, with extensions in both northeast and southwest directions. This expansion brings the total geochemical footprint to approximately 1.7 square kilometers, representing a remarkable 25-fold increase from the historical footprint of the deposit,” a recent article reads. “The June program’s findings were notably impactful. The analysis included portable X-ray fluorescence…

FridayOct 04, 2024 2:24 pm

MiningNewsBreaks – Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) Viewed as Substantial Opportunity in Promising Sector

Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) is seen as being in one of the strongest positions for a rising gold junior largely, though not exclusively, because of the specifics behind the company’s flagship Duquesne West Gold project, located in Rouyn-Noranda, Québec. “Just as there are clear reasons for gold juniors to rise on investor radars, there are reasons for the significant edge given to Emperor. First of all, the Duquesne project is located in the heart of the Abitibi Greenstone belt of Rouyn-Noranda, Quebec (one of the most prolific and productive gold mining districts)… 2011 historical inferred mineral…

FridayOct 04, 2024 12:56 pm

MiningNewsBreaks – First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) to Acquire Gatos Silver Inc. (NYSE: GATO) (TSX: GATO) in $970M Deal

First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) in early September announced an agreement to acquire all outstanding shares of Gatos Silver Inc. (NYSE: GATO) (TSX: GATO) in a transaction valued at approximately $970 million. Gatos shareholders will receive 2.550 common shares of First Majestic for each Gatos share, representing a 16% premium based on recent stock prices. The deal consolidates major silver-producing assets in Mexico, including the Cerro Los Gatos mine, enhancing First Majestic’s production capabilities. The merger is expected to close in early 2025, subject to regulatory approvals and shareholder votes. To view the full press…

ThursdayOct 03, 2024 3:25 pm

MiningNewsBreaks – Trillion Energy International Inc.’s (CSE: TCF) (OTCQB: TRLEF) Early ROI with SASB Revitalization Program Indicates Field’s ‘Robust Production Potential’

Trillion Energy (CSE: TCF) (OTCQB: TRLEF), a company focused on oil and natural gas production for Europe and Türkiye, recently reported the successful completion of four workovers as well as increased gas production capacity. “In the production update for the SASB gas field, the company noted that the SASB revitalization program was ‘off to a great start, having realized the complete payback of recent perforation costs in just 35 days of production.’ The report noted that, in the first phase of the workover, all remaining gas pay on the Akcakoca platform was perforated, including three long-reach deviated gas wells (Guluc-2,…

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