MiningNewsBreaks Archive - Page 38 of 107

ThursdayMar 07, 2024 3:31 pm

MiningNewsBreaks – GEMXX Corp.’s (GEMZ) Commitment to Quality, Craftmanship and Market Adaptability Expected to Drive Strong Results

GEMXX (OTC: GEMZ), a mine-to-market gold, gemstone and jewelry producer with global reach, recently announced that it is anticipating strong growth over the next 24 months, founding this forecast on the sustained upward trajectory in gold prices and the burgeoning demand for ammolite jewelry. “In the press release announcing the forecast of robust growth, GEMXX describes its entry into gold mining as ‘a new and welcomed asset to the company’s balance sheet,’ with gold adding considerable support to its mine-to-market business model... The press release also describes the growing demand for ammolite jewelry, which has been driven by the rapidly…

MondayMar 04, 2024 12:14 pm

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Reports Amended Iska Iska Payment Schedule

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), a leading exploration and mine development company, has amended the payment schedule for the remaining $10 million needed for the company to earn a 100% interest in the Iska Iska silver-tin polymetallic project in the Potosi Department, which is located in southern Bolivia. The amendment was made with the agreement of Empresa Minera Villegas S.R.L., which is the title holder of the Iska Iska project. According to the announcement, Eloro’s Bolivian subsidiary, Minera Tupiza S.R.L., has made advance payments of $4.9 million to date toward the $10 million option payment with the…

MondayMar 04, 2024 11:56 am

MiningNewsBreaks — Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Reports on MRE, Announces Participation at Upcoming Mining Event

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element and uranium sectors, announced that it received an independent maiden Mineral Resource Estimate (“MRE”) for its Brazil ionic adsorption clay project. The maiden MRE shows the PCH project is estimated at 52.8 million tonnes (“Mt”) comprising 6.6 Mt Indicated resource with a grade of 2,513 parts per million total rare earth oxide (“TREO”) and 46.2 Mt Inferred resource with a grade of 2,888 ppm TREO. The MRE indicates that the deposit contains significant concentrations of neodymium, praseodymium, dysprosium and terbium,…

WednesdayFeb 28, 2024 2:49 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ) Leveraging Competitive Advantage with Mine-to-Market Business Model

GEMXX (OTC: GEMZ) is a company that focuses not only on producing gold, gemstone and jewelry from its own land resources, production facilities and operating assets but also on global distribution. “With the company controlling all of these stages as part of its strategy to support its mine-to-market business model, GEMXX has established a significant competitive advantage. As a McKinsey report details: ‘The mining value chain – which includes everything from extracting raw material to delivering products to consumers – is the backbone of the industry. Companies that manage their value chain well can establish a significant source of competitive…

WednesdayFeb 28, 2024 12:28 pm

MiningNewsBreaks — Advanced Gold Exploration Inc. (CSE: AUEX) Announces New President

Advanced Gold Exploration (CSE: AUEX), has appointed Dr. Andrew Ramcharan, PhD, P.Eng., as president of the company; the appointment was effective beginning Feb. 15, 2024. The company noted that current president Jim Atkinson is resigning as president, although he remains as CEO and as a company director. Ramcharan brings a deep background in investor relations and corporate strategies to his new position, having completed more than 300 project evaluations globally on many commodities and proposed 40-plus investment strategies; he has also been involved in the completion of two major takeover transactions worth $800 million and $1.5 billion and has raised more…

MondayFeb 26, 2024 1:27 pm

MiningNewsBreaks – Reunion Gold Corporation (TSX.V: RGD) (OTCQX: RGDFF) Updated Oko West Project MRE Shows Significant Increase in Ounces, Grade

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, is reporting on an updated Mineral Resource Estimate (“MRE”) at the Kairuni zone on its wholly owned Oko West Project in Guyana. Highlights from the updated MRE show total contained gold in open pit and underground Indicated Resources increased by 72.4 % compared to the June 2023 MRE with contained gold in the Indicated category of the open pit increasing by 71.2% whie the grade increased by 11.7 %. In addition, gold grades contained in the total open pit and underground Indicated Resources increased by 11.6%…

MondayFeb 26, 2024 12:46 pm

MiningNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) Announces High-Grade Results at PCH IAC Project, Brazil

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) today provided results from its 2023 Diamond Drill Hole (“DDH”) #1 in the NE zone within Target IV at its PCH IAC REE project in Brazil. “The findings from the ionic clay and saprolite weathered profile on PCH-DDH-001 underscore the exceptional potential of the target zone,” said Appia President Stephen Burega. “The weathered profile along the hole extended to approximately 20 meters of true thickness yielding concentrations of 5,548 ppm or 0.55% total rare earth oxide (‘TREO’), 1,420 ppm or 0.14% magnet rare earth oxide (‘MREO’). The results confirm…

ThursdayFeb 22, 2024 2:12 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ) Keen on Maintaining Focus on Expansion

GEMXX (OTC: GEMZ), a mine-to-market company, witnessed continued growth in 2023, achieving numerous milestones, including the fact that it continues to control each stage of its production and distribution and is continuously expanding while avoiding long-term debt. “Looking ahead into 2024 and beyond, GEMXX is keen on maintaining its focus on expansion and adding shareholder value. The company intends to complete the 50% acquisition of the Yukon Gold Property and initiate a pilot mine on this site; upscale gold production at the Snow Creek Property and move the test plant to the Rosella Creek site; bring its Ammolite Gemstone mine…

WednesdayFeb 21, 2024 11:12 am

MiningNewsBreaks – Why Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Is ‘One to Watch’

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) is a Canadian natural resource development and exploration company that targets high-grade nickel sulfide discoveries for use in the rapidly growing global electric vehicle (“EV”) market. The company has a portfolio of two high-quality exploration projects, the Albert Lake Project and the Gochager Lake Project, located in the prolific Trans Hudson Corridor in Saskatchewan. “Led by a management team with more than 100 years of combined mining and exploration experience, Fathom believes in a continuing bright outlook for nickel and its increasing use in the manufacturing of batteries needed for energy storage…

TuesdayFeb 20, 2024 2:19 pm

MiningNewsBreaks — Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Reports on Results from Comprehensive Exploration Campaign

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element and uranium sectors, is releasing results from a comprehensive exploration campaign at its Brazil-based PCH IAC REE Project. The campaignis comprised of 47 reverse circulation (“RC”) holes and is part of Appia’s 2023 drilling program at the Buriti REE Target. The announcement outlined the parameters of the target, which is open to the south, spanning approximately two km by 1.2 km. The average drill hole depth was 14 meters, with a total weighted average grade of 853 parts per million…

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