MiningNewsBreaks Archive - Page 39 of 116

ThursdayJun 20, 2024 11:38 am

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Receives New Exploration Permit, Commences Exploration Field Activities at the Gochager Lake Project

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF), focused on the exploration for nickel, cobalt and copper in north-central Saskatchewan, today announced the recent receipt of all necessary permits to continue exploration activity at its Gochager Lake project. The company also announced the commencement of exploration field activities at the project, with field crews already mobilized. According to the announcement, the exploration permit, which expires July 31, 2026, allows Fathom to drill up to 60 drillholes; construct and utilize an all-season 25-person camp; do necessary line-cutting ahead of surface geophysical surveys; and prepare necessary ground and ice trails to facilitate the…

TuesdayJun 18, 2024 12:54 pm

MiningNewsBreaks – Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) Issues Reminder for Warrant Holders Regarding Expiration Date

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, has released a reminder for holders of outstanding common share purchase warrants issued on July 8, 2022; the company is reminding holders that the warrants are set to expire at 4 p.m. Vancouver time on July 8, 2024. According to the reminder, 41,338,257 warrants were outstanding as of June 14, 2024. Each whole warrant entitles its holder to purchase one common share of Reunion Gold at an exercise price of C$0.39 per share. “Any warrants not exercised prior to 4 p.m. Vancouver time on July 8, 2024, will expire and become void, and the…

FridayJun 14, 2024 3:39 pm

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Moving to Find Next Discovery at Its Nunavut Property

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF), a publicly traded mineral company exploring for high-grade copper and gold deposits in Canada’s Nunavut territory, is proud to be part of Canada’s mining industry, a major sector responsible for 22% of Canada’s total domestic exports and contributing $125 billion to the national GDP. “The company is focused on exploring for gold and copper in North America, specifically in Nunavut, where it has partnered with Australian explorer American West Metals at the high-grade Storm Copper Project. Aston Bay has no required expenditures in the partnership, which is aggressively advancing the high-grade sediment-hosted copper mineralization…

FridayJun 14, 2024 12:42 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Closes on Flow-Through Financing Valued at $20M

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, has closed on its previously announced $20 million public financing. The company anticipates using the funds for ongoing exploration and development at the Fox Complex in the Timmins region of Ontario. According to the company, development will focus on the next area of production growth at the project, which includes exploration drilling and the building of an underground access ramp. “The proceeds of this financing will be used exclusively for qualifying Canadian Exploration Expenses (‘CEE’) and Canadian Development Expenses (‘CDE’),” said…

FridayJun 14, 2024 11:40 am

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Targeting Significant Untapped Potential of Its Albert Lake Project

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) is an exploration company that is targeting magmatic nickel sulfide discoveries to support the rapidly growing global electric vehicle market. While North America is deeply dependent on foreign nickel, which is a position of weakness for meeting EV and carbon goals, Canada has the potential to once again be a dominant player in nickel production thanks to companies like Fathom Nickel. “Fathom boasts over 113,000 hectares of prime exploration ground within a region consistently ranked among the top five for mineral exploration by the Fraser Institute. One of Fathom’s key projects, the…

FridayJun 14, 2024 10:43 am

MiningNewsBreaks – Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) Leveraging Promising Nickel-Copper-Cobalt Mineral Resource

Tartisan Nickel (CSE: TN) (OTCQB: TTSRF), a Canadian mineral exploration and mining development company, originally released a Preliminary Economic Assessment (“PEA”) report for its 100%-owned Kenbridge Nickel Project in 2022. “Drilling and assay results provided by Tartisan and compiled, verified and validated by P&E Mining Consultants Inc. were used to create an updated MRE, which confirmed that the Kenbridge Project ‘contains a significant nickel-copper-cobalt mineral resource that is potentially amenable to underground mining.’ The PEA noted that the measured and indicated mineral resources represent 3,508,000 tons at 0.70% Ni, 0.35% Cu, and 0.01% Co, while inferred mineral resources represent 1,013,000…

ThursdayJun 13, 2024 3:30 pm

MiningNewsBreaks – Torr Metals Inc. (TSXV: TMET) Reports Final Assay Results from Rock Sampling Program, Notes ‘Major’ Copper Discovery Potential

Torr Metals (TSX.V: TMET), a mineral exploration company focusing on the identification, acquisition and advancement of mineral properties, is reporting final assay results from the 2023 rock sampling program; the report also noted the delineation of a robust ZTEM geophysical anomaly at the newly defined Vik Zone, located at the Kolos Copper-Gold Project. Highlights of the report show outcrop mineralization coincident with 2023 soil anomalies, new robust ZTEM geophysical anomalies in the east and major copper discovery potential. The company also reported that it has completed its early reconnaissance field sampling program, which included coverage over newly acquired ground to…

ThursdayJun 13, 2024 1:51 pm

MiningNewsBreaks – Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) Announces Annual Shareholder Meeting, Outlines Agenda Items for Voting

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, has scheduled an annual general and special shareholders meeting. The meeting will be held July 9, 2024, with agenda items that include voting and approving an arrangement with G Mining Ventures. According to the announcement, shareholders will vote to approve a statutory plan of arrangement entered into between Reunion Gold, G Mining Ventures Corp. and Greenheart Gold Inc. The arrangement calls for a new entity to be incorporated to hold and manage the combined business of Reunion Gold and GMIN; the new entity will acquire all of…

ThursdayJun 13, 2024 1:37 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Chairman & Chief Owner Featured in Latest Episode of The MiningNewsWire Podcast

McEwen Mining (NYSE: MUX) (TSX: MUX) is an asset rich diversified gold and silver producer in the Americas with a large exposure to copper through its McEwen Copper subsidiary. The company’s Chairman and Chief Owner, Rob McEwen, was featured in the latest episode of The MiningNewsWire Podcast as part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. During the interview with host Stuart Smith, McEwen discussed his extensive background in the mining sector, talked about McEwen Mining’s project portfolio, and examined the mining industry’s reputation relating to environmental stewardship before detailing the company’s efforts to…

FridayJun 07, 2024 3:48 pm

MiningNewsBreaks – Why Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) Is ‘One to Watch’

Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) is an advanced-stage, gold-exploration company focused on proving and developing the substantial resource potential of its flagship Duquesne West Gold Project located in the Tier 1 district of Southern Abitibi Greenstone belt of Rouyn-Noranda, Quebec. “The project has a 2011 historical mineral resource estimate of 727,000 ounces of Au at 5.42 g/t and an average thickness of 5.71 m. In 2023, with the use of AI (Artificial Intelligence), Emperor Metals created the first ever 3D mineralized and geological model, which illuminated the potential to add significant ounces to this deposit. Using these…

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