MiningNewsBreaks Archive - Page 33 of 108

FridayMay 31, 2024 3:31 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ) Aims to Establish Footprint in Global Energy Landscape

GEMXX (OTC: GEMZ), an established mine-to-market gem enterprise, recently announced that it is actively broadening its business framework to incorporate private equity funding for oil and gas (“O&G”) exploration ventures. “With a large network of global relationships and several strategic alliances recently established, GEMXX is setting the stage to finance the exploration of extensive oil reserves, specifically targeting giant fields with reserves of 500 million barrels and super-giant fields with over 3 billion barrels located primarily in Latin America,” a recent article reads. “By leveraging its comprehensive network in the O&G sector, which includes major global industry players, GEMXX plans…

FridayMay 31, 2024 1:51 pm

MiningNewsBreaks – Torr Metals Inc. (TSXV: TMET) Increase in Sizing of Kolos Copper-Gold Project Featured in Syndicated Broadcast

Torr Metals (TSX.V: TMET), a mineral exploration company focusing on the identification, acquisition and advancement of mineral properties, is featured in a NetworkNewsAudio (“NNA”) broadcast. The broadcast covers the company’s recent news that it has significantly increased the size of its British-Columbia-based Kolos Copper-Gold Project by 75%, an increase from approximately 140 km to 240 km. According to the announcement, new mineral claims focus on northern expansion. NNA offers a solution that delivers additional visibility, recognition and brand awareness in the investment community via distribution to thousands of syndication points. “By securing these new claims at low cost, we've strategically…

FridayMay 31, 2024 10:01 am

MiningNewsBreaks – Advanced Gold Exploration Inc. (CSE: AUEX) Management to Attend Upcoming Global Mining Investment Conference

Advanced Gold Exploration (CSE: AUEX), a Canadian Junior gold explorer whose focus is reviving and enhancing abandoned and unloved projects, will be participating in next week’s The Mining Investment Event of the North — Canada’s Only Tier I Global Mining Investment Conference(C). The three-day gathering is scheduled for June 4–6, 2024, in Quebec City. According to the announcement, Advanced Gold Exploration officials will be in attendance and will be holding one-on-one investor meetings. The premier event is designed to facilitate privately arranged meetings between mining companies, international investors and various mining government authorities and provides a platform to hear from some…

ThursdayMay 30, 2024 3:32 pm

MiningNewsBreaks – Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) Issues Update on Ongoing Oko West Drill Programs, Corporate Update

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, South America, today provided an update on its ongoing expansion and infill drill programs at Oko West, Guyana, as well as a corporate update. Key highlights from the deep drilling in Block 4 at Oko West include hole D-393A-W2, which intersected 107.0 m grading 2.42 grams per tonne of gold (“g/t Au”) from 660.0 m downhole, including 20.0 m grading 9.78 g/t Au from 734 m downhole; hole D-316-W1, which intersected 101.0 m grading 2.69 g/t Au from 694.0 m downhole, including 13.1 m grading 7.84…

WednesdayMay 29, 2024 3:21 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces Financing to Fund Exploration and Development at the Fox Complex

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) has announced that it priced a public financing to fund continued exploration and development at the Fox Complex in the Timmins region of Ontario, primarily focused on exploration drilling and the development of an underground access ramp from surface to mine the gold resources of Stock East and West. This represents the next area of production growth at the Fox Complex. McEwen Mining intends to use the proceeds of this financing for qualifying Canadian Exploration Expenses within the meaning of subsection 66.1(6) of the Income Tax Act (Canada) and Canadian Development Expenses within the…

WednesdayMay 29, 2024 3:09 pm

MiningNewsBreaks – Torr Metals Inc. (TSXV: TMET) Announces Kolos Copper-Gold Project Expansion, Addition of New Exploration Targets

Torr Metals (TSX.V: TMET), a mineral exploration company focusing on the identification, acquisition and advancement of mineral properties, has significantly increased the size of its Kolos Copper-Gold Project. The 75% expansion was a result of staking; the project increased from approximate 140 km to 240 km, with the new mineral claims focused on northern expansion, following an extension of the north-trending Fanta Fault. In addition, Torr Metals announced that it has assembled a field team in preparation for the 2024 field season to conduct early reconnaissance at multiple newly identified exploration targets, including a new mineralized outcrop discovery at the Vik Zone. “By…

WednesdayMay 29, 2024 3:09 pm

MiningNewsBreaks – Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA) Featured in “The Prospector News” Article

Tartisan Nickel (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA), a Canadian-based company specializing in mineral exploration and development, is spotlighted in the June issue of the “The Prospector News.” The two-page article, titled “Tartisan Nickel: Kenbridge Nickel Connecting Communities,” provides an overview of the company, including its flagship Kenbridge Project, which “has a completed preliminary economic assessment and is now working to further define the mineral resource by bringing some of the inferred ore deposits into the indicated category,” the article stated. The article also noted the company’s focus on creating and sustaining key relationships with the community and First Nations.…

TuesdayMay 28, 2024 3:45 pm

MiningNewsBreaks – McEwen Mining (NYSE: MUX) (TSX: MUX) Reports Attractive Gold Grades at Grey Fox, Strengthened Potential for Open Pit Mining

McEwen Mining (NYSE: MUX) (TSX: MUX) yesterday announced promising new assay results from the Grey Fox deposit within its Fox Complex. The highlights include significant gold grades at both shallow and deeper levels, suggesting potential for low-cost open pit mining and intriguing follow-up targets. Notable assay results including but not limited to 586.7 g/t Au over 0.5 meters and 14.3 g/t Au over 5.0 meters, are indicative of prospective high-grade gold zones. Grey Fox's current resource estimate stands at 1,168,000 ounces of gold at a grade of 4.80 g/t Au (Indicated) and 236,000 ounces of gold at 4.35 g/t Au…

TuesdayMay 28, 2024 12:42 pm

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Releases Updated Report on Drill Program at Historic Gochager Lake Deposit

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF), focused on the exploration for nickel, cobalt and copper in north-central Saskatchewan, is reporting results of the seven drillhole, 2,656-meter drill program at its Gochager Lake Project. Highlights of the report show that drill-tested, borehole electromagnetic (“BHEM”) conductors coincide with high-grade, nickel zones of semimassive to massive sulphide mineralization. Fathom Nickel started drilling at the Gochager Lake deposit in February 2023. So far 16 drillholes totaling 5,543 meters have been completed with the company able to define a mineralized gabbro unit containing interstitial disseminated magmatic pyrrhotite, pentlandite and chalcopyrite, over a northeast-southwest strike of…

FridayMay 24, 2024 3:07 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Stands out as Key Player in Basic Materials Space

McEwen Mining (NYSE: MUX) (TSX: MUX) has been a standout performer in the basic materials sector this year, showcasing a remarkable growth trajectory that has caught the attention of investors and analysts alike. “With a year-to-date stock price increase of approximately 51%, MUX has significantly outpaced the average performance of its sector peers, which have seen an average decline of about 2.7%. This impressive growth is not just a number but a testament to the company’s resilience and potential for future gains,” reads a recent article. “The surge in MUX’s stock price is further bolstered by a substantial upward revision…

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