MiningNewsBreaks Archive - Page 49 of 131

WednesdaySep 04, 2024 10:38 am

MiningNewsBreaks – Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Provides Update on Its Iska Iska Silver-Tin Polymetallic Project in Southwestern Bolivia

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec, today provided an update on its Iska Iska silver-tin polymetallic project in Potosi Department, southern Bolivia. According to the update, an initial program of 5,700m of diamond drilling in 13 holes in the Santa Barbara starter pit area is planned to better define the vertical and lateral extent of high-grade Ag mineralization. This will be followed by an additional 1,400m in two larger PQ holes for further metallurgical testing in Sn mineralization to…

TuesdaySep 03, 2024 12:01 pm

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF), American West Metals Report Status Update on Drilling, Surveys at Storm Copper Project

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, has released an update on drilling activities and geophysical surveys being conducted at the Storm Copper Project, located on Somerset Island, Nunavut. Highlights of the report indicate that drilling has surpassed 20,000 meters with 128 Reverse Circulation (“RC”) drill holes and 14 diamond drill holes now completed; the drilling of a moving-loop electromagnetic (“MLEM”) anomaly in an untested area south of the Thunder Prospect at Storm has intersected strong visual copper sulfides; and the drilling is…

ThursdayAug 29, 2024 11:20 am

MiningNewsBreaks – Why Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) Is ‘One to Watch’

Renforth Resources (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) is engaged in the exploration and development of its wholly owned multi-commodity mineral properties in Canada. “The company owns the Parbec gold deposit on the Cadillac Break in Quebec and is currently exploring the Parbec property to increase the gold resource and identify a location to strip and bulk sample from surface. In addition, the company holds the Nixon Bartleman gold property in Ontario and is also engaged in developing its wholly owned Malartic Metals Package, Quebec’s newest polymetallic battery minerals district with several areas of mineralization, one of which is the…

ThursdayAug 29, 2024 10:26 am

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Begins Geophysical Survey, Expands Claims Holdings at Epworth Project

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 sampling, mapping and geophysical programs taking place at its Epworth Project in Nunavut. In the report, the company indicated that it has commenced a property-wide 8,105 line-kilometer, helicopter-borne MobileMT electromagnetic ("EM") geophysical survey designed to identify copper exploration targets and delineate regional and property-scale structures. The report also noted that the company’s prospecting, sampling and mapping program is complete and that almost 400 grab rock samples and 44 lake sediment samples have…

TuesdayAug 27, 2024 11:30 am

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Chooses YPF Luz to Provide 100% Renewable Energy for Los Azules Project

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, has reached an agreement with YPF Energía Eléctrica S.A. (YPF Luz). The agreement is for YPF Luz to power McEwen Copper Inc.’s large Los Azules copper project with renewable energy. According to the announcement, the agreement covers the supply of renewable energy through a high-voltage transmission line; YPF Luz will be responsible for the development and financing of the line. An Argentine company, YPF Luz is a leader in power generation that has been in operation since 2013. “Los Azules will…

TuesdayAug 27, 2024 11:12 am

MiningNewsBreaks – Torr Metals Inc. (TSXV: TMET) Releases Report on Final Assay Results from 2024 Reconnaissance Programs Rock Grab Samples

Torr Metals (TSX.V: TMET), a mineral exploration company focusing on the identification, acquisition and advancement of mineral properties, is reporting on the final assay results from a total of 33 rock grab samples collected during 2024 reconnaissance programs. According to the report, the samples reveal additional high-grade rock grab assays within the Kirby, Rea and Clapperton exploration target zones as well as a new copper-gold discovery in the northern portion of the Kolos Copper-Gold Project, which is now called the Sonic Zone. “The latest results from our 2024 reconnaissance sampling programs not only reaffirm the high-grade potential of the Kolos…

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…

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