MiningNewsBreaks Archive - Page 52 of 101

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…

FridayJun 23, 2023 10:42 am

MiningNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Announces Widespread Mineralization at Ionic Clay Project, Technical Report for Alces Lake Property

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0, A0I0.F, A0I.MU, A0I.BE) recently provided an update on its newly acquired Cachoeirinha rare earths project (“PCH Project”) located near Iporá in the state of Goiás, Brazil. According to the announcement, the update results from a due diligence field visit and project review by Appia personnel, including Don Hains, an expert in industrial minerals. “Mineralization is widespread across the property with the most advanced target being a 2 km wide zone in the SW corner of the tenements known as Target 4,” said Don Hains, senior consulting geologist and QP. “The exploration work by…

ThursdayJun 22, 2023 2:02 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) today announced the initial results from preliminary metallurgical test work on the first set of samples from the Texmont Nickel Sulphide Project, which demonstrates a range of grades could be processed using a simple flowsheet and recoveries that meet or exceed historical results. “Texmont continues to deliver excellent results, with initial metallurgy yielding nickel and cobalt recoveries and concentrate grades exceeding our expectations,” said the company’s CEO Mark Selby. “Further, these results were achieved with a simple flowsheet, which will maximize potential opportunities to toll mill our initial production. I look forward to the…

TuesdayJun 20, 2023 11:37 am

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Featured in The Power Play by The Market Herald Interview

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) was featured in a new interview released by The Power Play by The Market Herald. The company’s CEO Pat Ryan joined host Coreena Robertson to discuss Ucore’s latest news. “Ucore Rare Metals Inc. has entered into an engagement letter with Research Capital Corporation, on behalf of a syndicate of agents, including Canaccord Genuity Corp. and Echelon Wealth Partners Inc., in connection with a ‘best efforts' agency basis private placement of units of the company at a price of $1.00 per unit for minimum gross proceeds of $4.0 million and maximum gross proceeds of…

TuesdayJun 20, 2023 11:00 am

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces 2023 PEA Results on Los Azules Copper Project

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today provided results of the updated Preliminary Economic Assessment (the “2023 PEA”) on the Los Azules Copper Project in San Juan Argentina (the “project”). The project is 100% owned by McEwen Copper Inc., which is 52% owned by McEwen Mining. According to the announcement, the PEA includes an updated independent mineral resource estimate, which increased to 10.9 billion (“B”) lbs. copper (“Cu”) (indicated, grade 0.40% ) and 26.7 B lbs. Cu (inferred, grade 0.31% ). Among the base highlights, the company reported total Cu recoverable to cathode of 8.68 billion lbs. (3.94 million…

TuesdayJun 20, 2023 10:12 am

MiningNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTC: RFLXF) (FSE: HF2) Completes Important Step in Exploration Program for Ruby Graphite Property

Reflex (CSE: RFLX) (OTC: RFLXF) (FSE: HF2) today announced the successful completion of a TDEM and magnetic helicopter survey on its Ruby Graphite property (the “project”) located in Montana, USA. Prospectair, an industry leader in technological innovation for airborne geophysical survey mapping, interpretation and analysis, completed the TDEM survey via helicopter to identify potential graphite mineralization targets and gather valuable geophysical data. “The completion of the TDEM helicopter survey is an important step in our exploration program for the Ruby Graphite property before commencing our planned summer 2023 drill program,” said Paul Gorman, CEO at Reflex Advanced Materials. “The survey…

FridayJun 16, 2023 2:11 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Accelerates Efforts to Establish North American REE Supply Chain

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a critical metals production innovator, is accelerating its efforts to establish a North American-focused supply chain for rare earth elements (“REEs”). The company announced in April that it had reached an agreement to lease an 80,800 square-foot brownfield facility in Alexandria, Louisiana, for its first Strategic Metals Complex (‘SMC’) facility for REE separation and oxide production. “The company has strengthened its financial position and is working to fulfill plans to launch construction of the Louisiana SMC this year, building to a production capacity of 2,000 metric tons of total rare earth oxides in…

WednesdayJun 14, 2023 11:49 am

MiningNewsBreaks – Reunion Gold Corporation (TSX.V: RGD) (OTCQX: RGDFF) Reports on Annual Meeting Results, Releases Pit-Constrained Mineral Resource Estimate

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) is reporting on its recent Annual General and Special Meeting of Shareholders, which was held June 13, 2023. During the meeting, shareholders elected nine individuals to serve on the company's board of directors. Those individuals are David Fennell, Rick Howes, Elaine Bennett, Pierre Chenard, Richard Cohen, Adrian Fleming, Réjean Gourde, Vijay Kirpalani and Fred Stanford. Shareholders also approved the reappointment of Raymond Chabot Grant Thornton LLP as auditors and voted to continue the company’s amended and restated share option plan. In addition, shareholders approved a by-law including advance notice provisions related to the nomination of…

MondayJun 12, 2023 2:57 pm

MiningNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) Executing Diversified Model, Mine-to-Market Approach to Capitalize on Opportunities

Reflex (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) is focused on improving domestic specialty mineral infrastructure efficiencies to meet surging national demand by North American manufacturers. “The company is working to advance its Ruby Graphite Project (high-quality natural flake and vein), located in Beaverhead County, Montana, and ZigZag Lake Lithium Property, located in Thunder Bay Mining Division, Crescent Lake Area, Ontario. The company is executing a diversified model to capitalize on market opportunities. Late in March, Reflex entered into a subscription agreement and agreed to make a strategic investment in Bio Graphene Solutions Inc. (‘BGS’). BGS is a private nanotechnology company…

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