MiningNewsBreaks Archive - Page 35 of 36

TuesdayMay 26, 2020 10:11 am

MiningNewsBreaks – Kingman Minerals Ltd. (TSX.V: KGS) (FSE: 47A1) Expands Gold, Silver Assets in Mohave County, Arizona via Option Agreement

Kingman Minerals (TSX.V: KGS) (FSE: 47A1) today announced the company’s entrance into an option agreement with two arms' length vendors to acquire 100% interest in 52 lode claims located within an area of 1,071.2 acres in Mohave County, Arizona. Kingman can earn the 100% interest in the Music Mountain EXT Property by paying a total of $150,000 USD, issuing 2,500,000 common shares, and $1,000,000 in exploration expenditures at different periods over four years from the date of approval from the TSX Venture Exchange. All shares issued in this transaction will be subject to a hold period of four months and…

ThursdayMay 21, 2020 9:39 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Strategic Engagements of Industry Experts to Advance Entry into U.S. Rare Earth Space

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading producer of uranium in the United States, today announced its entry into consulting agreements with Constantine Karayannopoulos and Brock O’Kelley, two rare earth element (“REE”) industry experts who each have decades of experience producing commercially viable rare earth products. According to the update, the collaborations will aid in the development and implementation of commercial and technical REE strategies for the new U.S. REE program Energy Fuels is pursuing. “Energy Fuels is extremely excited to bring Constantine Karayannopoulos and Brock O’Kelley on board to advance our entry into the rare earth space…

TuesdayMay 19, 2020 10:35 am

MiningNewsBreaks – Kingman Minerals Ltd. (TSXV: KGS) (FSE: 47A1) Releases Second Phase Sampling Program Results, Greatly Encouraged with Mohave Project’s Potential

Kingman Minerals (TSXV: KGS) (FSE: 47A1) today announced results on the second underground program sampling from the Rosebud Mine shaft, 100ft drift and 200ft drift. According to the update, samples of 688 G/T Au and 468 G/T Ag on the 100ft drift level of the Rosebud Mine over an interval of 0.18m were reported as part of the results of the second sampling program conducted by Burgex Mining Consultants. "The Company continues to be greatly encouraged with respect to the potential of the Mohave Project after the completion of this second phase of work. Through this approach of the replication…

TuesdayMay 19, 2020 10:22 am

MiningNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (OTCQX: STLHF) (FRA: S5L) Concludes Commissioning, Begins Full-time Operation of Lithium Extraction Demonstration Plant

Standard Lithium (TSX.V: SLL) (OTCQX: STLHF) (FRA: S5L), an innovative technology and lithium development company, today announced the successful start-up of its industrial-scale Direct Lithium Extraction Demonstration Plant at Lanxess’ South Plant facility in southern Arkansas. Utilizing Standard Lithium’s proprietary LiSTR Direct Lithium Extraction technology, the plant has been successfully commissioned during the first part of 2020 and is now operating on a 24/7 basis, extracting lithium directly from Lanxess’ tail brine. The company’s project team in Arkansas is currently conducting a series of systematic optimization exercises to calibrate the site and examine how performance can be further improved. “This…

WednesdayApr 15, 2020 9:55 am

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF) Postpones Q2 2020 Quarterly Report Filing

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF), an integrated oil ‎company focused on the development and implementation of its proprietary oil-‎extraction and remediation technologies, on Tuesday announced that it would not be in a position to file its Quarterly Report on Form 10-Q for the three and six months ended February 29, 2020 (the “Quarterly Report”) by the filing deadline of April 14, 2020. This includes Petroteq’s interim financial statements for the three and six months ended February 29, 2020 and the related management’s discussion and analysis, as required by U.S. and Canadian securities laws. The news release was…

TuesdayMar 31, 2020 9:21 am

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Issues Securities to Arm’s Length Lender

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil ‎company focused on the development and implementation of its proprietary oil-‎extraction and remediation technologies, on Monday announced that it has issued to an arm’s length lender a US $417,000 principal amount (including a 20% original issue discount) secured convertible debenture, and warrants exercisable for up to ‎4,906,250‎ common shares of the company at $0.15 per share for 48 months. The purchase price of $392,500 for the securities, less fees and expenses, was advanced by the subscriber to Petroteq between December 13, 2019, and February 14, 2020. The debenture has a term…

MondayMar 30, 2020 10:36 am

MiningNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (OTCQX: STLHF) (FRA: S5L) Provides Update on Demonstration Plant Operations in Relation to COVID-19 Outbreak

Standard Lithium (TSX.V: SLL) (OTCQX: STLHF) (FRA: S5L), an innovative technology and lithium development company, today provided an update on the current status of its LiSTR Direct Lithium Extraction Demonstration Plant at Lanxess’ South Plant facility in southern Arkansas in relation to the ongoing COVID-19 outbreak. According to the update, the Company is actively monitoring the COVID-19 pandemic and working closely with Lanxess to implement preventative measures at the site to safeguard the health of its employees and contractors, while continuing to operate effectively and responsibly in its communities and within the greater south Arkansas brine operations. The safety guidelines…

FridayMar 13, 2020 9:30 am

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Provides Update on Technology Licensing Agreement, Reports Changes to Executive Team

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil ‎company focused on the development and implementation of its proprietary oil-‎extraction and remediation technologies, on Thursday provided an update regarding progress on the licensing of its proprietary oil-sands extraction ‎technology. In July 2019, the company entered into a non-exclusive technology licensing agreement with Valkor LLC granting Valkor the right to use Petroteq’s proprietary patented technology to engineer, construct, operate and finance oil sands extraction plants. Per the agreement, Valkor would pay the company a non-refundable license fee of US$2 million per plant in two equal payments, the first of which being…

MondayMar 09, 2020 9:56 am

MiningNewsBreaks – Standard Lithium Ltd. (TSX.V: SLL) (OTCQX: STLHF) (FRA: S5L) Produces First >99.9% Purity (“Three-Nines”) Battery Quality Lithium Carbonate

Standard Lithium (TSX.V: SLL) (OTCQX: STLHF) (FRA: S5L), an innovative technology and lithium development company, today announced that it has produced its first >99.9% purity (also known as “three-nines”) battery quality lithium carbonate using the Company’s proprietary “SiFT” crystallisation technology. According to the update, this optimisation work, separate from the ongoing commissioning of Standard Lithium’s LiSTR Direct Lithium Extraction demonstration plant in south Arkansas, was performed at the University of British Columbia (“UBC”) and partially funded by a grant of $300,000 awarded to the Company and UBC by Innovate BC. “This ongoing refinement of our SiFT crystallisation technology is emblematic…

MondayMar 02, 2020 11:53 am

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Reaches New Production Milestone at Asphalt Ridge Facility

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil ‎company focused on the development and implementation of its proprietary oil-‎extraction and remediation technologies, today announced that its ‎Asphalt Ridge facility located in Vernal, Utah, since re-commencement ‎on February 19, 2020, has produced approximately 1,900 barrels of oil thus achieving an average ‎daily production rate of over 300 bbls/day on a continuous basis. This comes after a scheduled ‎temporary maintenance shutdown in January 2020, during which the team made various adjustments and completed installation of critical ‎additional equipment. Valkor Engineering also used this time to run a testing ‎regimen on the…

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