MiningNewsBreaks Archive - Page 52 of 116

TuesdayDec 05, 2023 3:10 pm

MiningNewsBreaks – GEMXX Corporation (GEMZ) Releases Updated Status Report on Yukon Gold Project

GEMXX (OTC: GEMZ), a leader in the ammolite gemstone mine-to-market segment and a partner in Canadian gold-exploration company Crazy Horse Mining Inc. (“CHMI”), is reporting on the progress made in its review and verification of the exploration work already completed on the Yukon Gold Project property along with the assessments quantifying the proven and potential gold resources. The company also noted that it has started discussions with the current owner/partner to conduct a pilot plant on the property in 2024. According to the report, work completed on the project includes trenching, exploration work, geological mapping and prospecting, ground magnetometer and…

TuesdayDec 05, 2023 2:14 pm

MiningNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Announces Million-Dollar Development Financing, New Management Appointment

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a publicly traded energy company based in Western Canada specializing in the exploration, development and production of crude oil and natural gas, has successfully completed a $3 million GORR financing. According to the announcement, the GORR portion bears a 1% royalty on Prospera’s revenue from its Cuthbert properties and is repurchasable for $3.48 million in one year. The financing included an arms-length Purchase and Sale, Overriding Royalty Agreement and Agreement to Purchase Royalty for the sale of 1% royalty on Prospera's revenue from its Cuthbert properties with $1 million disbursed on closing;…

MondayDec 04, 2023 12:15 pm

MiningNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Announces Closing of PCH Project Acquisition

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0) today announced that it will be issuing the first tranche of 500,000 shares pursuant to the definitive agreement with 3S LTDA, Beko Invest Ltd., Antonio Vitor Junior and AZ125 Mineracao Ltda, now known as Appia Brasil Rare Earths Mineracao Ltda (the “company”), to acquire up to a 70% interest in the PCH Project. The property is located in the Tocantins Structural Province of the Brasília Fold Belt, Goiás State, Brazil. Under the agreement, the property is now registered in the name of the company, and Appia currently holds a 70% interest in the…

FridayDec 01, 2023 1:15 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Looking to Deploy Technology to Pursue Independent Critical Metals Supply Chain

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) has developed a superior commercial-ready technology, RapidSX(TM), for separating and purifying critical metals. “Ucore intends to deploy its technology to pursue a critical metals supply chain independent of China and Western companies for use by the many industries dependent upon REE-based components… RapidSX combines the time-proven chemistry of conventional solvent extraction (‘SX’) with a new column-based platform that significantly reduces the time to completion and plant footprint. SX is the industry standard used today and is used by all REE producers worldwide for bulk separation of both heavy and light REEs,” reads a…

FridayDec 01, 2023 10:47 am

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) CEO Featured in BTV Release Bolivia Project

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), a leading exploration and mine development company, will be spotlighted in an upcoming BNN Bloomberg broadcast in Canada. The broadcast features BTV-Business Television interviews and will be aired on Dec. 2, 2023, at 8 p.m. ET and Dec. 3, 2023, at 4:30 p.m. ET. The interview will air in the United States on the Biz Television Network at 1 p.m. ET on Dec. 10, 2023. Representatives from several emerging companies, including Eloro Resources, will be interviewed during the segment. According to the announcement, the Eloro interview will focus on the company's significant…

WednesdayNov 29, 2023 1:10 pm

MiningNewsBreaks — Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Announces Updated Target Discovery Area Size

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element and uranium sectors, has announced updated numbers regarding an unprecedented high-grade mineralized zone discovery at its PCH Ionic Clay project in Brazil. According to the announcement, the discovery indicated a total weighted average grade of 7,578 ppm or 0.76% total rare earth oxide across 10 reverse circulation (“RC”) drill holes. The updated numbers reflect that Target IV has been updated to 193 hectares, rather than the 1,702 hectares previously announced. “Appia's work with exploratory auger drilling has delivered compelling results,…

TuesdayNov 28, 2023 11:10 am

MiningNewsBreaks — Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Reports Discovery of ‘Unprecedented’ High-Grade Mineralized Zone

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a Canadian company in the rare earth element and uranium sectors, has discovered an unprecedented high-grade mineralized zone at its PCH Ionic Clay project in Brazil. According to the announcement, the discovery shows a total weighted average grade of 7,578 ppm or 0.76% total rare earth oxide across 10 reverse circulation (“RC”) drill holes. This information is the result of the further delineation of the SW Extension Zone, a significant high-grade rare earth elements (“REE”) mineralized zone located in the southwest corner of the Target IV zone of the project.…

TuesdayNov 21, 2023 12:13 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ) Announces Positive Quarterly Revenues, Achievements

GEMXX (OTC: GEMZ), a leader in the ammolite gemstone mine-to-market segment and a partner in Canadian gold exploration Company Crazy Horse Mining Inc. (“CHMI” or “Crazy Horse”), today announced upbeat revenue results and shared company achievements with investors. According to the update, GEMXX performed well in the last quarter and is making significant strides to solidify its strong foundation moving forward in the coming year. “We are pleased with the performance of the company, and we are excited for the anticipated growth in shopping television sales and 2024 production of our gold assets,” said GEMXX CEO Jay Maull. “We look…

FridayNov 17, 2023 2:28 pm

MiningNewsBreaks – Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Expands on Iska Iska’s Potential

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mining company, recently filed its NI43-101 technical report for its Iska Iska Polymetallic Property in support of its initial mineral resource estimate (“MRE”) published earlier. The company opted to employ the net smelter return (“NSR”) method to encompass the estimated dollar value that each metal contributes towards the total value of each tonne. “Initial findings have estimated an NSR for Iska Iska’s polymetallic domain (containing zinc, tin and silver) of $20.32/t for open pit mining and $42.23/t for underground mining versus NSR cut-off values (representing the cost of extraction…

FridayNov 17, 2023 2:02 pm

MiningNewsBreaks – Ucore Rare Metals Inc.’s (TSX.V: UCU) (OTCQX: UURAF) Proprietary RapidSX(TM) Expected to Improve Standard CSX Solvent Refining Process

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is positioning its proprietary RapidSX(TM) solvent extraction solution to overcome the obstacles in refining metals vital to modern, greener technology. “RapidSX(TM) is expected to match and improve on the standard CSX solvent refining process used by China in its market-dominating extraction of rare earth elements (‘REEs’) from mined product to prepare them for use in high-grade magnets that convert power into motion for modern technologies that range from smartphones to electric vehicles and F-35 fighter jets. Ucore has been proving RapidSX(TM) against the standard CSX process at a demonstration plant in Ontario and…

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