MiningNewsBreaks Archive - Page 34 of 116

MondayAug 26, 2024 1:52 pm

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Reports on ‘Highly Successful’ Geochemistry Program at Historic Gochager Lake Project

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF), an exploration company targeting magmatic nickel sulphide discoveries to support the rapidly growing global electric vehicle market, is reporting final results from its June soil and rock geochemistry program, which was completed at the company’s Gochager Lake Property. Calling the program “highly successful,” the company reported that the results “clearly demonstrate that the geochemical footprint of the Gochager Lake deposit has been extended by up to four kilometers along trend (approximately two kilometers in both the NE and SW directions).” The company also completed the construction of its 20–25-person, all-season camp, which is…

FridayAug 23, 2024 3:00 pm

MiningNewsBreaks – Why Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Is ‘One to Watch’

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) is the operator of the Waterberg Project, a bulk underground platinum group metals (“PGM”) deposit discovered by Platinum Group in 2011 and located on the Northern Limb of the Bushveld Complex in South Africa. “The Waterberg Project is planned as a fully mechanized platinum, palladium, rhodium and gold mine, including by-product copper and nickel production, and is projected to be one of the largest and lowest cost PGM mines globally,” reads a recent article. “The company’s primary business objective is to advance the Waterberg Project to a development and construction decision.…

FridayAug 23, 2024 2:00 pm

MiningNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Tapping ‘Tremendous Opportunity’ at Filion Gold Project

Torr Metals Inc. (TSX.V: TMET) owns 100% of the Filion Gold Project, which is surrounded by operations like Agnico Eagle, Alamos, Barrick, and the famous Timmins Gold Camp that cumulatively host an estimated 170 million ounces of gold worth some $400+ billion at current prices. “Since acquiring the project in October 2023, Torr has moved quickly with the first modern exploration work on the land, including a systematic humus soil sampling program that was the first to test for broad mineralization along the gold endowed Filion Fault Zone; successfully confirming this potential in early 2024… The early work combined with…

FridayAug 23, 2024 1:00 pm

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Looking to Uncover the Next Great Canadian Ni Discovery

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) is actively exploring and developing large-scale nickel deposits in the Canadian metal hotbeds of the Trans-Hudson Corridor. “Efforts like Fathom Nickel’s to uncover the next great Canadian nickel discovery are essential to any efforts by the west to secure critical metals. These efforts, if successful, could propel Canada to become one of the world’s biggest nickel producers in the coming years,” a recent article reads. “In 2023, Canada’s nickel production paled in comparison to Indonesia’s – 180,000 metric tons versus a staggering 1.7 million metric tons. Canada is aiming to make up…

FridayAug 23, 2024 10:21 am

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Execs Scheduled to Participate in Key Events

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, has been and will be featured in several events held in August ad September. According to the announcement, McEwen Mining CEO and chief owner Rob McEwen participated in a panel discussion at a recent Fastmarkets webinar; the event was titled “Argentina: An emerging powerhouse for copper and lithium.” Panel members discussed the exploration of Argentina’s vast copper and lithium reserves and how these resources are positioning the country as a pivotal player in the global energy transition. In addition, McEwen is slated…

ThursdayAug 22, 2024 2:00 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ) Expanding Influence in the Global Energy Sector

GEMXX (OTC: GEMZ) recently announced that its collaborator, Latin America Partners (“LEP”), an emerging leader and an independent E&P company involved in exploring significant hydrocarbon reserves in Latin America, has expanded its team. “LEP is guided by Dinesh Kumar Sarraf, the chairman of the board… He leads a team of distinguished energy industry experts who, for decades, have been actively involved in global oil and gas exploration. This team has since expanded following a recent strategic addition. As GEMXX announced in a recent news release, Ali S. Abood has joined the board of Latin Energy Partners. The addition, GEMXX notes,…

ThursdayAug 22, 2024 10:57 am

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF), American West Metals Release Update on Storm Cooper Project Drilling

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF), a publicly traded mineral exploration company exploring for high-grade copper and gold deposits in Virginia and Nunavut, Canada, is reporting on the drilling activities at the Storm Copper Project on Somerset Island, Nunavut. The exploration program is being conducted by American West Metals Limited. According to the update, the diamond drilling now intersects new zones of copper at depth as the deep search EM survey identifies a 1,300 meter by 500 meter anomaly for drill testing. Highlights of the drilling include a continued 100% hit rate for the deep diamond drilling with thick intervals…

TuesdayAug 20, 2024 12:26 pm

MiningNewsBreaks – Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) Shares Update on Completed, Upcoming Exploration Activities

Renforth Resources (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) today updated shareholders on the completed summer exploration activities and those set to begin on its wholly owned Malartic Metals Package (“MMP”) property and its wholly owned Parbec gold deposit, both located in Malartic, Quebec. According to the update, work at the MMP property has identified the Victoria polymetallic system, extending from the surface to a drilled depth of approximately 200m, and led to the discovery of the Beaupré copper/silver zone, containing chalcopyrite, bornite and silver on the surface over approximately 175m in length. In addition, Renforth has completed an initial soil sampling…

TuesdayAug 20, 2024 10:38 am

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Closes on Acquisition of Timberline Resources

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, has closed on the acquisition of the Timberline Resources Corporation (TSX.V: TBR) (OTCQB: TLRS). The transaction, which was overwhelmingly approved by Timberline shareholders during an Aug. 16, 2024, special meeting, involved the acquisition of all issued and outstanding common shares of Timberline through a merger between Timberline and a wholly owned subsidiary of McEwen Mining. “We are pleased to bring Timberline’s assets into McEwen Mining and offer a warm welcome to its shareowners,” said McEwen Mining chair and chief owner Rob McEwen…

ThursdayAug 15, 2024 1:53 pm

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF), American West Metals Report ‘Excellent Results’ from Ongoing Drilling 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, and American West Metals Limited today provided an update on drilling activities at the Storm Copper Project on Somerset Island, Nunavut. According to the update, the resource delineation program is on track with multiple high-grade copper intervals confirmed by assays at the Cyclone and Chinook Deposits. Additionally, the drill program continues to achieve milestones; a total of 100 Reverse Circulation (“RC”) drill holes and 12 diamond drill holes totaling over 15,500 meters have been completed at…

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