MiningNewsBreaks Archive - Page 49 of 101

FridayAug 04, 2023 3:26 pm

MiningNewsBreaks – Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Eyes Remarkable Opportunity to Outline Two World-Class Deposits

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mining company, remains on track to publish its inaugural NI 43-101 compliant mineral resource estimate focused around the Santa Barbara High-Grade Zone at its Iska Iska site. Simultaneously, the company is looking to continue its ongoing drilling and geophysical surveys in the southernmost extremes of the Iska Iska site as well as within the Casiterita property to the southwest. “A positive finding, coupled with initial successes within the site’s Santa Barbara region, could translate into a scenario, which as Eloro’s Executive Vice President of Exploration Bill Pearson puts it,…

ThursdayAug 03, 2023 3:32 pm

MiningNewsBreaks – Canada Nickel Company Inc.’s (TSX.V: CNC) (OTCQX: CNIKF) Texmont Project ‘Continues to Deliver Excellent Results’

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company focused on advancing the next generation of nickel-sulfide projects, recently released its findings from preliminary metallurgical testing at its Texmont Nickel Sulphide Project, and the results meet or exceed historical results. “Nickel metal has a key role to play in the 2023 battery grade market, states a recent Fastmarkets report… ‘Fastmarkets researchers forecast that demand for nickel for use in EV batteries represents around 280,000 tonnes per year of nickel metal globally, which corresponds to around 10% of worldwide demand for nickel. But this figure is set to grow significantly. Demand from…

ThursdayAug 03, 2023 1:34 pm

MiningNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Featured in Bell2Bell Podcast

First Tellurium (CSE: FTEL) (OTC: FSTTF), a company committed to exploring for and providing essential and critical metals, including tellurium, gold, silver, copper and tungsten, for North American markets, was featured in the latest episode of the Bell2Bell Podcast. The podcast is part of IBN’s sustained effort to provide specialized content distribution via widespread syndication channels. First Tellurium’s president and CEO Tyrone Docherty joined the program to discuss the company’s business model, operating markets and positioning as the only tellurium-focused junior in the world. “First Tellurium has a wonderful, high-grade gold and silver property in Canada, but it comes with…

ThursdayAug 03, 2023 11:13 am

MiningNewsBreaks – GEMXX Corporation (GEMZ) Mobilizes Mining Equipment to Canada-Based Snow Creek Mine

GEMXX (OTC: GEMZ), a leader in the Ammolite gemstone mine-to-market space, has mobilized equipment to its Snow Creek Mine site for the mining season. The move, which brings the property to full production, was made in association with Crazy Horse Mining Inc. (“CHMI”), which GEMXX has partial ownership in. According to the announcement, site preparation has been taking place in the Snow Creek mine area, including preparing access roads and pads for equipment and ponds. Now that equipment has been moved to the site, the company anticipates processing 1,000 cubic yards of gold bearing ore per day. GEMXX and CHMI…

WednesdayAug 02, 2023 1:42 pm

MiningNewsBreaks – Why First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Is ‘One to Watch’

First Tellurium (CSE: FTEL) (OTC: FSTTF) is committed to exploring for and providing essential and critical metals, including tellurium, gold, silver, copper, and tungsten, for North American markets. “This objective is anchored by the company’s Deer Horn tellurium-gold-silver-copper project in British Columbia, Canada, and further enhanced by its property option on the Klondike tellurium-gold prospect located in Colorado, USA. First Tellurium’s unique business model is to generate revenue and value through mineral discovery, project development, project generation and cooperative access to untapped mineral regions in indigenous territory with sustainable exploration potential,” a recent article reads. “Deer Horn is one of…

WednesdayAug 02, 2023 11:54 am

MiningNewsBreaks – GEMXX Corp. (GEMZ) Updates Shareholders, Noting Positive Financial Report and Corporate Highlights

GEMXX (OTC: GEMZ), a leader in the Ammolite gemstone mine-to-market space, provided an update to shareholders on May 30th, including highlighting positive revenues and key corporate milestones. The updated noted the company’s strong foundation in the past year and observed that shareholder value is increasing through the acquisition of materials and assets that support GEMXX’s goal of becoming fully integrated. Highlights of the update included issued and outstanding shares totaling 96,851,751; account receivables increasing from $360,254 in March 2022 to $905,109 this year; net income increasing to $218,471 compared to $76,224 last year; and no long-term debt. “We are very…

TuesdayAug 01, 2023 4:06 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ) Announces Strategic Engagements of IBN and Hybrid Financial Ltd.

GEMXX (OTC: GEMZ), a mine-to-market enterprise specializing in gold, gemstone and jewelry production, today announced that it has selected the corporate communications expertise of IBN, a multifaceted financial news and publishing company for private and public entities. With ownership of mining resources, production facilities and operational assets, GEMXX maintains control over every aspect of its production process, from gold mining and gemstone production to jewelry manufacturing and global distribution. GEMXX stands distinct as a leading producer of high-quality finished Ammolite jewelry and the sole public company engaged in Ammolite mining worldwide. GEMXX is also actively involved in gold mining and…

MondayJul 31, 2023 3:48 pm

MiningNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) Positioning as Supplier of High-Purity Natural Graphite for High-Tech Applications

Reflex (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) is among companies offering to revive the domestic critical mineral supply chain in a bid to help the United States transition to a clean energy future. “As a strategic minerals company committed to locating and developing strategic metals and advanced materials projects, Reflex Advanced Materials aims to improve domestic specialty mineral infrastructure efficiencies to meet the soaring demand from North American manufacturers. This British Columbia-based critical minerals producer seeks to position itself as one of the only North American suppliers of high-purity natural graphite for high-tech applications after the 60-year-long break in the…

FridayJul 28, 2023 1:52 pm

MiningNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) Preparing to Meet Surging Graphite Demand as World Shifts to Electrification

Reflex (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2), a strategic minerals company, is actively exploring its Ruby Graphite Project and aims to prove the economics of the historically producing mine and eventually position itself as the premier North American supplier of high-purity natural graphite for advanced technological applications. “RFLXF’s initial drilling program includes 3,500 total meters of drilling cored to an average depth of 130 meters. Targets for the drill program were identified using data gathered for the initial 43-101 technical report dated Jan. 31, 2023, and historical data from original mining operations,” reads a recent article. “Besides powering fuel cells,…

WednesdayJul 26, 2023 11:39 am

MiningNewsBreaks – Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Announces Major Advances in Metallurgy for Iska Iska Project

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) today announced major advances on metallurgy for the Iska Iska silver-tin polymetallic project in the Potosi Department of southern Bolivia. The tests were directed by Eloro’s Senior Strategic Metallurgist Mike Hallewell, C.Eng., a qualified person (“QP”) as defined by National Instrument 43-101 (“NI 43-101”) in consultation with Micon International Limited Principal Metallurgist Richard Gowans, P.Eng., an independent QP. Among the highlights, the company reported that preliminary tests at TOMRA in Germany indicate the mineralization at Iska Iska is amenable to “ore-sorting” with removal of at least 40% of the waste in the…

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