MiningNewsBreaks Archive - Page 49 of 99

ThursdayJul 13, 2023 12:05 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Conducts Initial DoD Post-Award Conference

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) has conducted the initial programmatic post-award conference with the U.S. Department of Defense (“DoD”) for the company’s recently announced US$4 million other transaction agreement (“OTA”). According to the update, the Rare Earth Element (“REE”) Separation Technology Capabilities Prototype Project, administered by the U.S. Army Contracting Command-Orlando (“ACC-ORL”), is taking place at Ucore’s RapidSX(TM) Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario. The project is utilizing the company’s 52-Stage RapidSX(TM) Demonstration Plant (“Demo Plant”) for the separation of mixed heavy and light REE concentrate feedstocks. “Ucore is very pleased to have been awarded this…

ThursdayJul 13, 2023 10:59 am

MiningNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Begins Exploration Activities at Ontario-Based Lithium Property

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, has begun exploration activities at its wholly owned ZigZag Lithium property near Crescent Lake, Ontario. According to the announcement, the phase-one exploration is being conducted by an experienced field crew lead by Alex Pleson, a director at Reflex Advanced Materials. The team is conducting comprehensive field-prospecting activities across the ZigZag Lithium property, which covers approximately 2,710 hectares. The company stated that exploration activities would include two weeks of prospecting, pegmatite sampling and trenching along with soil anomaly trenching. The pegmatite sampling and trenching will assess the presence…

WednesdayJul 12, 2023 11:41 am

MiningNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Positioned as US Seeks to Secure Domestic Sources of Critical Metals

First Tellurium (CSE: FTEL) (OTC: FSTTF) today reported that ongoing trade tensions between the U.S. and China create implications for both tellurium and the production of cadmium-tellurium solar cells. According to the update, China produces approximately 60% of the world’s tellurium, most of which goes into cadmium-tellurium solar cells. Beijing has warned that it may ban the export of technology used to make solar panels, an industry for which China controls at least 75% of its global supply chain. With potentially dire repercussions for the West’s drive for solar energy deployment and as the trade war heats up, the U.S.…

WednesdayJul 12, 2023 11:18 am

MiningNewsBreaks – McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) 52% Owned McEwen Copper Releases Latest Assay Results from Los Azules

McEwen Copper Inc., 52% owned by McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), today announced additional copper values over wide intercepts resulting from drilling performed on its San Juan, Argentina-based Los Azules project. McEwen Copper recently published an updated Preliminary Economic Assessment (“PEA”) on a copper leaching phase of development. Completed since the PEA model data cut-off date, infill and other resource drilling confirm very good alignment of new assay results to the resource model prediction for the same area. In addition, copper grade continuity modeled in the core of the deposit is well-supported by core logging and new assay…

TuesdayJul 11, 2023 11:11 am

MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Announces Midlothian Results with Good Nickle Grades Across Long Mineralized Intervals

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) today released assay results from the final three of four holes drilled on its Midlothian Property. Through a combination of cash payments, share issuances, exploration expenditure requirements and a net smelter returns royalty as part of an option agreement with Canadian Gold Miner Corp. and Laurion Mineral Exploration Inc., Canada Nickel can earn a 100% interest in the property. “These outstanding Midlothian results, with all holes showing good nickel grades across long mineralized intervals of multi-hundred metres that start less than ten metres from surface, confirm Midlothian as a significant discovery,” said Mark Selby,…

MondayJul 10, 2023 3:02 pm

MiningNewsBreaks – Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Translating ESG-Linked Ambitions into Practice

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, recently published its ESG program, setting out its commitment toward creating sustainable long-term value for its shareholders by adhering to the best practices in corporate governance. “Eloro Resources has sought to align its strategy with the interests of its stakeholders, recently elaborating on the measures the company is seeking to undertake within the areas of corporate social responsibility, environmental protection, community engagement, health and safety, and corporate governance. In addition to its broader…

FridayJul 07, 2023 10:17 am

MiningNewsBreaks — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Reports on Annual General Meeting Voting

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is reporting the results of its recent Annual Meeting of Shareholders. The meeting was held on June 29, 2023, and during the gathering the shareholders voted on and approved three main proposals. Shareholders voted to increase the number of shares of preferred stock authorized to be issued from 2 to 10 million and to increase the total authorized shares accordingly. As a result, effective June 30, 2023, the company filed with the state of Colorado an “Articles of Amendment to the…

WednesdayJul 05, 2023 10:50 am

MiningNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Affirms Exceptional Quality of Graphite Material at Ruby Property

Reflex (CSE:RFLX) (OTCQB: RFLXF) (FSE: HF2) today announced that purities of 99.999% graphitic carbon (“Cg”) were obtained from preliminary metallurgical studies testing the purification of the material sourced from its flagship Ruby Graphite Project located near Dillon, Montana, USA. According to the update, graphite concentrations of 99.999% Cg purity were achieved solely using a conventional thermal purification process. “Today marks another major milestone for Reflex. The achievement of 99.999% Cg from purification testing - without any optimization - only reaffirms our belief in the exceptional quality of the graphite material hosted on our Ruby property,” said Reflex CEO Paul Gorman.…

ThursdayJun 29, 2023 1:38 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Acquires New Feedstock for Incorporation into Commissioning Process for RapidSX(TM) Demo Plant

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today announced the acquisition of its third mixed rare earth element (“REE”) chemical concentrate at the company's Kingston, Ontario-based RapidSX(TM) Commercialization and Demonstration Facility (“CDF”). According to the announcement, a U.S. mineralization source supplied the light REE feedstock that will be incorporated into the commissioning process for the 52-Stage RapidSX(TM) Demonstration Plant for the separation of mixed heavy and light REE chemical concentrates. “We believe that Ucore’s Kingston, Ontario, Demo Plant is currently the largest heavy REE separation plant in North America. It is capable of processing tens of tonnes of light and…

MondayJun 26, 2023 10:54 am

MiningNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Contracts with CGI for Initial Drill Program, Reprices Warrants

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, has engaged Childs Geoscience Inc. (“CGI”) to manage the initial drill program at its Ruby Graphite Deposit, located in Beaverhead County, Montana. According to the announcement, Reflex anticipates the program to begin later this month. The program will consist of at least 3,500 meters of diamond core drilling. In addition, CGI will also move forward with other geological studies at the project, including geophysical surveys and outcrop inspection and sampling; the company will also prepare key technical reports. CGI offers skilled, competent personnel ranging from field technicians and…

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