MiningNewsBreaks Archive - Page 70 of 107

ThursdayDec 22, 2022 12:10 pm

MiningNewsBreaks — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Releases Production Report, 2023 Guidance

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is reporting on its October and November production as well as forecasting numbers for the remainder of the year; the company also released its guidance for 2023. According to the announcement, total production for October and November reached an estimated 26,700 gold equivalent ounces (“GEO”) with preliminary costs per ounce from McEwen’s 100%-owned operations of $826 for cash costs and $1,088 for all-in sustaining. The report noted that at San José Mine, costs per ounce for October and November were $1,361 for cash costs and $1,745 for all-in sustaining. The report…

MondayDec 19, 2022 1:14 pm

MiningNewsBreaks – Arizona Metals Corp.’s (TSX: AMC) (OTCQX: AZMCF) Kay Mine Distinct as Gold-Rich VMS Deposit

Arizona Metals (TSX: AMC) (OTCQX: AZMCF) has two projects, Kay Mine and Sugarloaf Peak, which are both located in prolific mining districts and have substantial historic resources that the company is aiming to bring current and expand upon. “Kay Mine is the flagship project in Yavapai County, covering 1,300 acres on a combination of patented and Bureau of Land Management (‘BLM’) claims. The project is 100% owned by Arizona Metals, not subject to any royalties, and is surrounded by 60 past-producing underground VMS (Volcanogenic Massive Sulphide) copper-gold-zinc-silver mines. VMS deposits are known to be rich in metals and often found…

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…

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