MiningNewsBreaks Archive - Page 53 of 101

FridayJun 09, 2023 12:40 pm

MiningNewsBreaks – Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Celebrates Uplisting to the Premier Canadian Exchange

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, was recently invited to ring the opening bell at the Toronto Stock Exchange in recognition of its recent promotion to the TSX main board. “Eloro Resources formally saw its corporate listing commence trading on the TSX or Toronto Stock Exchange on Monday, March 6, 2023 – having previously been listed on the TSX Venture Exchange (TSX-V) dating back to October 5, 2005. The upgraded listing sees Eloro Resources join the ranks of 650…

TuesdayJun 06, 2023 12:50 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Awarded $4M OT Agreement from US-DoD

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today announced that through its wholly owned subsidiary, Innovation Metals Corp. (“IMC”), the company has been awarded a firm-fixed-price $4 million other transaction agreement* (“OT agreement” or “award”) by the U.S. Army Contracting Command-Orlando (“ACC-ORL” or “US-DoD”). The OT agreement is to conduct a Rare Earth Element (“REE”) Separation Technology Capabilities Prototype Project at the company’s RapidSX(TM) Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario. Ucore will utilize its 52-Stage RapidSX(TM) Demonstration Plant for the separation of mixed heavy and light REE concentrate feedstocks. “We believe that Ucore has one of the West’s…

MondayJun 05, 2023 10:52 am

MiningNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) Reports on Results from Annual General Meeting

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) held its annual general meeting on June 1, 2023, and is now reporting on the voting of resolutions that was held during the meeting. According to the announcement, all resolutions presented to shareholders at the meeting were voted on, including the resolutions electing each of the company’s four nominees as directors, the resolutions approving the company’s equity incentive plan and ratifying issued awards, and the resolution appointing Smythe LLP, chartered professional accountants, to serve as company auditor. All resolutions were unanimously approved with a total of 4,831,301 (11.4%) of Reflex’s common…

ThursdayJun 01, 2023 11:04 am

MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Reports Texmont Project Assay Results from Final Holes

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company that is advancing the next generation of nickel-sulphide projects, is sharing assay results from the final 11 drill holes at its Texmont Project. The company notes that the results confirm continued high-grade, near-surface mineralization. According to the announcement, the results are the final assays from the 39-drill-hole program conducted during the winter of 2022–2023. Highlights of the report include include information that seven of eleven holes intersected nickel grades >1% with all 11 holes intersecting nickel grades >0.5%. The company is working to produce a mineral resource estimate on the project and…

TuesdayMay 30, 2023 1:14 pm

MiningNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) CEO Featured in Latest Bell2Bell Podcast

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) CEO and director Paul Gorman is spotlighted in the most recent episode of the Bell2Bell Podcast, which delivers insightful updates and exclusive interviews with executives operating in fast-moving industries; the podcast is sponsored by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community. Reflex is a mineral exploration company based in British Columbia. During the interview, Gorman and host Stuart Smith discussed the company’s business model and operating markets. “Reflex was really designed by a capital markets group taking a look at what was happening in…

FridayMay 26, 2023 12:17 pm

MiningNewsBreaks – Eloro Resources Ltd.’s (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) VP of Exploration Eyes ‘Potential for Two World-Class Deposits’

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, was recently featured in a corporate update by Focus Communications. Eloro’s Executive VP of Exploration, Bill Pearson, was a guest of the program and discussed the company’s latest drill results from its ongoing drilling activity within the Santa Barbara High-Grade Zone and provided guidance on its next steps. “Since acquiring an option to purchase a 100% interest in the highly prospective Iska Iska Property, which hosts a major silver-tin polymetallic porphyry-epithermal complex, Eloro…

WednesdayMay 24, 2023 2:28 pm

MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Updates Regarding Assay Results, Projects

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) is reporting on assay results from its Ontario-based Sothman Property and status on its other projects. Highlights of the assay results indicate that long, shallow mineralized intervals have been reported at both Sothman and Midlothian, with Sothman returning 319 meters of 0.29% nickel starting at 15 meters in East Zone and Midlothian returning 343 meters of 0.28% nickel starting at 2 meters. In addition, high-grade mineralization has been confirmed at Sothman within larger mineralized intervals. “Our regional exploration program successfully continues to deliver positive results, as we add Mann Northwest to the string of…

WednesdayMay 24, 2023 2:11 pm

MiningNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) CEO to Present at Upcoming Conference

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company based in British Columbia, will be participating in the Benchmark Mineral Intelligence Gigafactory Conference. The two-day event will be held June 8–9, 2023, Washington, D.C. The company announced that CEO Paul Gorman will be a panel member during a session focused on the graphic supply chain. Recognized as a premier event for industry professionals, government leaders, investors and key stakeholders in the electric vehicle (EV) and energy storage sectors, the Benchmark Mineral Intelligence Gigafactory Conference is hosted by Benchmark Mineral Intelligence, the world's leading provider of independent…

WednesdayMay 24, 2023 1:58 pm

MiningNewsBreaks — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces Payment of Senior Secured Debt, 39% Debt Reduction

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, has taken a significant step in reducing its debt. The company has repaid $25 million of its senior secured debt; the payment was made to Sprott Resource Lending, resulting in Sprott no longer being a lender to the comp in senior secured debt along with a $15 million unsecured promissory note for a total debt of $65 million. Following the repayment to Sprott, the company noted that its senior secured debt had been amended and restated to total $40 million, with a monthly interest at 9.75%…

FridayMay 19, 2023 3:34 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Unlocking Resources for Downstream Customers

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a critical metals company, is aggressively working to become a leader in solutions for improving the separation of rare earth elements (“REEs”) from mined ores in order to secure a stronger position for American REE production. “The key to Ucore’s solution is its development of a solvent extraction process that will not only be the only one based in the Western Hemisphere, but that will be superior to the universally used SX (also known as CSX) extraction process. Ucore’s RapidSX(TM) process is at least three times more efficient than the SX standard, requires…

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