MiningNewsBreaks Archive - Page 64 of 101

MondayDec 19, 2022 12:41 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces Near Surface, High Grade Results at ‘Stock Mill’s Doorstep’

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported the latest exploration news from its Stock property. In the announcement, the company highlighted four priority areas that illustrate the potential to expand the gold resource base around the historic Stock mine. “We find the occurrence of near surface high grade at our Stock Mill’s doorstep very intriguing,” said EVP of Exploration Stephen McGibbon. “These initial results have mineable grades and widths, which are encouraging from an economic perspective as they compare favorably to the Stock mine’s historic grade of 5.5 g/t Au.” To view the full press release, visit https://ibn.fm/HLKyp…

MondayDec 19, 2022 12:25 pm

MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Announced Acquisition Deal, Releases Update on Texmont Drill Program

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) has inked a deal to acquire a 100% interest in the Texmont property, which is located between the company’s Deloro and Sothman properties, south of Timmins, Ontario. The planned acquisition will provide potential for near-term, open-pit production from near-surface, high-grade mineralization at Texmont, as well as high-grade regional potential, which has already been demonstrated at Texmont, Sothman and Bannockburn. In addition, the company released an update with logging information from the first four holes in its ongoing drill program at Texmont. While noting that true widths are unknown at this point, the report indicated that the…

FridayDec 16, 2022 11:12 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) to Contribute to Domestic Energy Security, Supply U308 to US Uranium Reserve

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium and rare earth elements (“REE”), today announced that it has been awarded a contract to sell $18.5 million of natural uranium concentrates (“U3O8”) to the U.S. government for the establishment of a strategic “Uranium Reserve.” The U.S. National Nuclear Security Administration (“NNSA”), an office within the U.S. Department of Energy (“DOE”), is tasked with purchasing domestic U3O8 and conversion services for the Uranium Reserve, intended as a backup source of supply for domestic nuclear power plants in the event of a significant market disruption. “Energy Fuels is…

WednesdayDec 14, 2022 1:45 pm

MiningNewsBreaks – Eloro Resources Ltd.’s (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Bolivia Exploration Program Uncovers High Metal Values Within Immense System

Eloro Resources (TSX.V: 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 company owns a 98% interest in Minera Tupiza, with an option to acquire 99% interest in the neighboring Iska Iska, a nine-square-kilometer silver-tin polymetallic property. “Iska Iska is a highly sought-after road-accessible, royalty-free property located near Minera Tupiza in the Potosi Department of southern Bolivia with easy access to seaports. The exploration program is conducting 81,936 meters of diamond drilling with four drill rigs on site and has uncovered high metal…

MondayDec 12, 2022 10:57 am

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Featured on BTV-Business Television

Eloro Resources (TSX.V: 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, is featured in a new interview by BTV-Business Television. The piece was broadcast on FOX Business News on Sunday, Dec. 11. On air for more than 20 years, BTV is a half-hour investment program that features analysts and emerging companies at their location. Hosted by Taylor Thoen and Jessica Katrichak, BTV shares with its viewers up-and-coming innovative investment opportunities. Highlighting the interview with Eloro, BTV states, “The global energy transition creates soaring demand…

WednesdayDec 07, 2022 10:38 am

MiningNewsBreaks – Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Announces Participation in Virtual Investor Conference

Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF), based in Arizona and focused on copper and gold exploration, will be featured at today’s Virtual Investor Conference. AMC CEO Marc Pais will be presenting live during the one-day virtual event; his presentation is slated to begin at 1:30 p.m. ET. The presentation may include recent company highlights, including the fact that Arizona Metals has completed approximately 72,000 meters of drilling at the Kay Mine Project to date, with the drilling showing numerous intervals of high-grade and width copper and gold mineralization. In addition, the company is fully funded to initiate a 75,000-meter…

FridayDec 02, 2022 3:01 pm

MiningNewsBreaks – Why Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Is ‘One to Watch’

Arizona Metals (TSX: AMC) (OTCQX: AZMCF) is a mineral exploration company focused on advancing precious and base metal deposits in the state of Arizona. The company’s flagship copper-gold-zinc-silver asset is the Kay Mine Project, located in Yavapai County, and Arizona Metals also owns the Sugarloaf Peak gold project in La Paz County. “The company in October 2022 received permit approval from the Bureau of Land Management (‘BLM’) for two new drill pads, located approximately 1,200 meters west of the Kay Mine Deposit. These new pads will allow for testing of the company’s Western Target, while also allowing for drilling of…

FridayDec 02, 2022 11:13 am

MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Confirms Potential at Reid, Bulk Tonnage Discovery at Sothman

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) on Thursday announced positive drilling results from its ongoing regional exploration drilling campaign at its Reid and Sothman properties. “We continue to have excellent success with our regional exploration program,” said Mark Selby, chair and CEO of Canada Nickel. “The latest results provide further confirmation of the potential at Reid with a large higher-grade interval in hole REI22-07 and multiple holes well-mineralized across their entire core lengths. Our targeting approach was further confirmed with another bulk tonnage discovery at Sothman with all five holes intersecting mineralization. These latest results continue to reinforce the success…

TuesdayNov 29, 2022 11:25 am

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Uncovering Potential for Iska Iska to Become ‘Bonanza Style’ Bolivian Polymetallic Discovery

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) today announced assay results from eight additional diamond drill holes from its ongoing drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. According to the update, six of the holes (DSB-35 and DSB-37 to DSB-41) tested the south-southeastern extension of the high-grade feeder zone at Santa Barbara while METSBUG-03 is a metallurgical hole drilled from the Santa Barbara adit underground drill bay. DM2-01 is a reconnaissance drill hole near the Mina 2 adit in the southeast section of the property. “Now that the reconnaissance drill holes…

MondayNov 28, 2022 2:34 pm

MiningNewsBreaks – McEwen Mining Inc.’s (NYSE: MUX) (TSX: MUX) Exploration Program Reveals Significant Gold Mineralization in Grey Fox Area

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today reported that its ongoing exploration program has identified four new gold veins in the Grey Fox area within the Fox Complex. According to the update, drilling results reveal significant gold mineralization in veins within sedimentary rocks with good gold grades near surface and high-grade gold values encountered at depth. “What we find exciting about this discovery is that the host rock of these veins is very different than the host rock for 98% of Grey Fox’s estimated gold resources of 1.2 million ounces Indicated and 240,000 ounces Inferred,” said SVP Exploration Stephen…

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