MiningNewsBreaks Archive - Page 32 of 116

FridaySep 27, 2024 11:00 am

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF), American West Metals Hit Long Intervals of High-Grade Copper in Latest Batch of Drill Holes at Storm Project

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF), a mineral exploration company exploring for high-grade critical and precious metal deposits in Nunavut, Canada, and Virginia, USA, today provided an update on an exploration program conducted by American West Metals Limited at the Storm Copper Project in Nunavut. According to the update, assay results from the latest batch of drill holes continue to show the expansion and upgrade potential of the Cyclone Deposit. They also confirm very thick and high-grade intersections of copper within and outside of currently known mineralization zones. Drill hole SR24-093 intersected 53m of strong chalcolite mineralization (53.3m @ 3.9%…

WednesdaySep 25, 2024 2:23 pm

MiningNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Positioned for Opportunities Presented by Canada’s Abundant Resources

Torr Metals Inc. (TSX.V: TMET) is emerging as a key player in Canada’s booming mining sector, a global leader in the production of more than a dozen essential metals, with its strong focus on early-stage discovery potential that could unlock significant value. “Headquartered in Vancouver, British Columbia, Torr is dedicated to advancing its 100% owned, district-scale projects in highly accessible and mineral-rich regions across Canada. These projects are not only poised to contribute to the clean energy revolution with critical minerals like copper but also offer the added economic benefit of potential new major gold discoveries. With existing infrastructure, year-round…

MondaySep 23, 2024 10:44 am

MiningNewsBreaks – Dynasty Gold Corp.’s (TSX.V: DYG) (FSE: D5G1) (OTC: DGDCF) Initial Assay Results from 2024 Drill Program Demonstrate ‘Richness of the Gold System’ at Thundercloud

Dynasty Gold (TSX.V: DYG) (FSE: D5G1) (OTC: DGDCF), a Canadian mineral exploration company, today announced assay results for the first phase of the 2024 drill program at its Thundercloud property. The program comprises 2,198 meters. According to the announcement, drilling successfully intersected high-grade gold mineralization of 5.13 g/t Au over 18 meters from 97.5m to 115.5m, including 9.3 g/t Au over 4.5 meters and numerous 5 to 8+ g/t Au over 1.5m in drillhole TC24-02 (30 meters additional assay results are pending). In addition, drilling intersected broad zones of lower grade mineralization from 25 meters below surface with intercepts between…

FridaySep 20, 2024 3:36 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Featured by Rocks And Stocks

McEwen Mining (NYSE: MUX) (TSX: MUX), an asset rich diversified gold and silver producer in the Americas with a large exposure to copper through its McEwen Copper subsidiary, continues to capture attention throughout the mining space. Allan Barry Laboucan, founder of Rock And Stocks, covered the company in a recent video report posted on YouTube. “This report opens on the action in gold trading, followed by a deep dive into the gold exploration potential at McEwen Mining,” he wrote to his subscribers. “Hidden in plain sight for anybody to see is the spectacular exploration potential at McEwen Mining's gold mining…

ThursdaySep 19, 2024 3:24 pm

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Positioned in Growing Sustainable Energy Market

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) is emerging as a particularly promising contender among companies vying for a significant share of the growing sustainable energy market industry, where nickel is a critical component. “Fathom’s strategic focus on Canada’s prolific nickel-copper belts places it in an enviable position. The company’s exploration and development efforts are concentrated in regions renowned for their high-grade mineralization, a factor that significantly enhances its potential for discovering and developing substantial nickel deposits. This geographic advantage, coupled with the company’s technical expertise and financial prudence, sets Fathom Nickel apart from its peers,” a recent article…

WednesdaySep 18, 2024 1:33 pm

MiningNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) Subsidiary Eyeing Production of Thermoelectric Generator to Replace, Improve On Vehicle Alternators

First Tellurium (CSE: FTEL) (OTCQB: FSTTF) and its majority-owned subsidiary have announced an initiative to build and install a demonstration thermoelectric generator designed to replace vehicle alternators, increase efficiency for combustion engines and help electric vehicles generate more power. According to the announcement, PyroDelta Energy has been working on the thermoelectric generator for eight years; the company has reached the point where it is looking for a facility to assemble the device, retrofit it into a car and demonstrate its functionality. PyroDelta is also exploring other significant target markets, such as solar panels, drones and greenhouses, where the device could be used…

TuesdaySep 17, 2024 3:26 pm

MiningNewsBreaks – Viper Energy Inc. (NYSE: VNOM) Reports on $488M Underwritten Public Offering

Viper Energy (NASDAQ: VNOM), a company that owns and acquires mineral and royalty interests in oil and natural gas properties, has released the pricing of an underwritten public offering. The offering is comprised of 10,000,000 shares of its class A common stock, offered at $42.50 per share. According to the announcement, the offering, which closed on Sept. 13, 2024, represents a 1,500,000 share upsize to the originally proposed 8,500,000 share offering. In addition, Viper granted the underwriters a 30-day option to purchase up to an additional 1,500,000 shares of class A common stock; that option was exercised. Total gross proceeds…

TuesdaySep 17, 2024 12:35 pm

MiningNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Announces $600K Non-Brokered Private Placement

Torr Metals (TSX.V: TMET), a Vancouver-based mineral exploration company, today announced that it has opened a non-brokered private placement. As part of the private placement, the company will issue up to 2,142,857 flow-through (“FT”) shares at $0.14 per share and up to 3,000,000 non-flow-through (“NFT”) units of the company at $0.10 per unit. Each FT share will consist of one common share of the company, while each NFT unit will consist of one NFT common share of the company and one-half of one warrant. Torr Metals expects to raise up to $600,000 in aggregate gross proceeds. To view the full…

TuesdaySep 17, 2024 10:58 am

MiningNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) CEO Featured in Latest Episode of the MiningNewsWire Podcast

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62), a company focused on oil and natural-gas production for Europe and Türkiye, is spotlighted in this week’s episode of the MiningNewsWire podcast, which was released by IBN, a multifaceted communications organization. According to the announcement, Trillion Energy CEO and director Dr. Arthur Halleran was the guest on the episode; the Mining NewsWire Podcast features insightful interviews with executives who are shaping the future of the global mining industry. During the episode, Halleran and podcast host Stuart Smith discussed the company’s project portfolio as well as the executive team’s background and experience. “When…

MondaySep 16, 2024 9:51 am

MiningNewsBreaks – Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) Reports on Updated Independent Definitive Feasibility Study for Waterberg Mine

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, is reporting positive results from an Independent Definitive Feasibility Study Update (“2024 DFS”) for the Waterberg Mine. The study was completed by a team of specialists, including international engineering entity Stantec Consulting International Ltd. and South African engineering firm DRA Projects SA (Pty) Ltd. The 2024 DFS is an update to the Waterberg Project's original Independent Definitive Feasibility Study published in September 2019 (“2019 DFS”). According to…

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