MiningNewsBreaks Archive - Page 62 of 116

TuesdayAug 15, 2023 1:00 pm

MiningNewsBreaks – GEMXX Corporation (GEMZ) Releases Report of First 2023 Season Gold Production from Snow Creek Mine Site

GEMXX (OTC: GEMZ), a leader in the Ammolite gemstone mine-to-market segment, is reporting the successful completion of its first clean-out and recording of gold production at the Snow Creek Mine site for the 2023 mining season. GEMXX is working in collaboration with Crazy Horse Mining Inc. (“CHMI”) on the Snow Creek Mine project. According to the announcement, the two companies have processed a 4,500-cubic-yard sample of gold-bearing surface ore stockpiled while building the processing site, thereby providing a “positive indication of the resource potential on the property.” The company noted that initial production results, which have yielded 38.73 ounces of…

FridayAug 11, 2023 3:43 pm

MiningNewsBreaks – Ucore Rare Metals Inc.’s (TSX.V: UCU) (OTCQX: UURAF) RapidSX(TM) Combines Time-Proven Chemistry with Novel Platform

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) is focused on a vision to become a leading advanced technology company, providing best-in-class metal separation products and services to the mining and mineral extraction industry. The company intends to deploy its RapidSX(TM) technology in pursuit of a critical metals supply chain independent of China and Western original equipment manufacturers – most notably in the automotive industry and renewable energy. “Although not a new technology, RapidSX(TM) combines the time-proven chemistry of conventional solvent extraction (‘SX’) with a new column-based platform that significantly reduces time to completion and plant footprint and potentially lowers capital…

FridayAug 11, 2023 2:13 pm

MiningNewsBreaks – GEMXX Corporation (GEMZ) Reports on Form 1A Qualification, Shares Update

GEMXX (OTC: GEMZ), a leader in the Ammolite gemstone mine-to-market segment, has announced full qualification of Tier 1, Form 1A registration statement and has released an update on certain achievements. According to the announcement, GEMXX’s Form 1-A to raise up to $6 million is fully qualified. In addition, company officials noted that the company is working with several parties that are interested in participating in the Regulation-A financing; funds from that financing will be used for Ammolite mining expansion, increased production and diversification of operations. The company’s M&A team is also focused on further strengthening the business through strategic partnerships and…

ThursdayAug 10, 2023 3:11 pm

MiningNewsBreaks – Canada Nickel Company Inc.’s (TSX.V: CNC) (OTCQX: CNIKF) Latest Drill Results Confirm Midlothian Property as a ‘Significant Discovery’

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) recently released the latest drill results from its Midlothian property, showing good nickel grades. “Canada Nickel is focused on advancing the next generation of high-quality, high-potential nickel-cobalt projects in order to deliver the metals needed to power the electric vehicle revolution as well as feed the high-growth stainless steel market. With the latest drill reports in hand, the company’s Ontario-based Midlothian property is shaping up to be a key piece of that strategy,” a recent article reads. “These outstanding Midlothian results, with all holes showing good nickel grades across long mineralized intervals of multihundred…

ThursdayAug 10, 2023 2:38 pm

MiningNewsBreaks — Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Emerging as a Key Beneficiary from Global Boom in Silver Demand

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) is an exploration and mine development company with a portfolio of gold and base-metal properties in Bolivia, Peru and Quebec. “The shift away from fossil fuels and towards renewable energy sources is resulting in a spending surge that is set to directly benefit businesses entrenched within the global renewable energy supply chain. In particular, commodities such as silver – a critical component within green energy technologies – are poised to witness a dramatic uptick in demand… Global demand for silver rocketed by 18% last year to a record high of 1.24 billion…

ThursdayAug 10, 2023 12:36 pm

MiningNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Reports on Ruby Graphite Summer Core Drilling Program

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, has engaged Falcon Drilling Corp. to execute the planned summer 2023 initial drill program at the Ruby Graphite project, which is slated to begin on Aug. 16, 2023. Based in Nevada, Falcon Drilling is a reputable drilling company with more than 35 years of experience in the industry. The company provides drill equipment and highly trained drill crews as well as rapid access to supplies and mobilization services to even remote of locations. According to the announcement, the program will include diamond core drilling of at least…

ThursdayAug 10, 2023 11:13 am

MiningNewsBreaks – GEMXX Corporation (GEMZ) Releases Quarterly Financial Report, Provides Corporate Update

GEMXX (OTC: GEMZ), a leader in the Ammolite gemstone mine-to-market segment, is reporting positive revenues for the quarter and providing an update on significant company achievements for the quarter. Highlights of the report include shares issued and outstanding totaling 96,866,845 with the quarter’s account receivables reaching $690,310, up from $318,390 in the same quarter last year. Net Income reached $182,992.00 compared to $126,360 in the previous quarter with total long-term liabilities being reported as zero, down from $226,759 last year. GEMXX total assets came in at total assets totaled $18,610,757, up from $1,226,354. “The company continues to build a solid…

WednesdayAug 09, 2023 1:30 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ) Complements Ammolite Production with Strategic Purchase

GEMXX (OTC: GEMZ), a leader in the Ammolite Gems mine-to-market segment, recently announced its acquisition of a 50% interest in the Canadian exploration company Crazy Horse Mining Inc. (“CHMI”). CHMI assets include 100% interest in two gold projects, Snow Creek and Rosella Creek, covering more than 700 acres. “The acquisition of the Snow Creek and Rosella Creek gold asset portfolio enhances the company’s long-term asset expansion plan and helps to de-risk revenues, but most importantly, it complements our Ammolite production with the world’s most sought-after commodity,” said Jay Maull, GEMXX’s chief executive officer. “This will provide GEMXX with a significant…

WednesdayAug 09, 2023 12:12 pm

MiningNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) Moving Forward with Drill Program After Receiving Key BLM, DEQ Approvals

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company, has received approval from the Bureau of Land Management (“BLM”) and the Montana Department of Environmental Quality (“DEQ”) for the exploration drilling program at its Montana-based Ruby Graphite project; the approval also included a formal Authorization to Proceed with the summer 2023 drill program. According to the announcement, the company is moving forward on exploration efforts at its flagship asset, the Ruby Graphite project, which was a past-producing graphite mine. The program will help Reflex Advanced Materials determine the economic viability of the Ruby Graphite project. The…

TuesdayAug 08, 2023 10:23 am

MiningNewsBreaks – GEMXX Corp. (GEMZ) Enters Strategic MSA

GEMXX (OTC: GEMZ), a leader in the Ammolite Gems mine-to-market segment, recently announced its entry into an Ammolite Master Supply Agreement (“MSA”) with Canadian Ammolite Gems by Kenneth Bradley. Kenneth Bradley, who hosts multiple live, on-air events annually featuring unique Ammolite jewelry designs, is one of the world’s most recognized Ammolite experts and is a Canadian influencer with a global following that continues to grow. “This Ammolite supply agreement is a fundamental step in the company’s expansion plans,” Jay Maull, CEO and founder of GEMXX, said in the news release. “GEMXX and Kenneth Bradley share a goal of creating awareness…

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