MiningNewsBreaks Archive - Page 72 of 131

MondayOct 02, 2023 10:08 am

MiningNewsBreaks — Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Announces Participation in Upcoming Red Cloud Webinar Series

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company focused on rare- and critical-metal resources, extraction, beneficiation and separation technologies with the potential for production, growth and scalability, will be involved in a live, virtual webinar hosted by Red Cloud Financial Services. According to the announcement, Ucore Rare Metals CEO Pat Ryan, P.Eng, will be presenting a life corporate update during the event, which will be held Oct. 5, 2023. Ryan’s presentation, which will include an overview of the company’s activities and recent developments in the rare earth space, is slated to begin at 2 p.m. ET. Shareholders and other…

ThursdaySep 28, 2023 1:09 pm

MiningNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Completes First Phase of Drilling Initiatives Across PCH Iconic Clay Project

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0, A0I0.F, A0I0.MU, A0I0.BE) today provided an update on the progress of its ongoing drilling program to outline the extent of the mineralized zone at Target IV on its PCH Iconic Clay Project in Brazil. The company has processed and sent 2,255 samples for analysis, from both the Reverse Circulation (“RC”) and Auger drill programs to date and expects to release results in the near future. “Appia’s RC extensive drilling program at Target IV has reached a total of 147 holes, and we have now completed the first phase of the multi-phase drilling initiatives…

ThursdaySep 28, 2023 12:24 pm

MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Announces Successful Pilot Results Confirming Value of Novel IPT Carbonation Process

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) today announced that it has successfully completed its carbon storage pilot plant, demonstrating the value of its novel carbon storage process, In-Process Tailings (“IPT”) Carbonation. According to the update, the company processed more than 7 tonnes of tailings and confirmed the engineering design parameters for IPT Carbonation for incorporation in the Integrated Feasibility Study (“IFS”) expected to be released on Oct. 12, 2023. The pilot plant also was utilized to successfully apply the IPT Carbonation process to material from a third party, demonstrating the potential to commercialize the process for other projects. In addition,…

ThursdaySep 28, 2023 11:07 am

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Begins Iska Iska Preliminary Economic Assessment

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, has started a preliminary economic assessment (“PEA”) for the Iska Iska silver-tin polymetallic project in the Potosi Department of southwestern Bolivia. According to the company, the PEA will study the inferred mineral resource estimate (“MRE”) of 560 million tonnes grading 13.8 g Ag/t, 0.73% Zn and 0.28% Pb in the Polymetallic (Ag-Zn-Pb) Domain and 110 million tonnes grading 0.12% Sn, 14.2 g Ag/t and 0.14% Pb in the Tin Domain (Sn-Ag-Pb). The announcement noted…

WednesdaySep 27, 2023 2:30 pm

MiningNewsBreaks – Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Poised to Help Bridge Widening Gap in Global Tin Supply Chain

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mining company focused on developing its potential world-class Iska Iska silver-tin polymetallic property located in southern Bolivia, recently released updated assay results derived from its ongoing reconnaissance drilling. “Recent drilling work across 16 holes, spread across Eloro’s Mina Casiterita Property, Santa Barbara deposit and Porco-Mine 1 area, uncovered an array of well-mineralized intersections. Moreover and with tin mineralization at Casiterita revealed in deposits up to 2km southwest of the Santa Barbara deposit, findings suggest that Iska Iska’s cumulative mineral deposits may be far more extensive than previously anticipated,” a…

WednesdaySep 27, 2023 1:47 pm

MiningNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Leveraging Bold New Approach to Mineral Exploration

First Tellurium (CSE: FTEL) (OTC: FSTTF), a company committed to exploring and providing critical metals, is strengthening its position in the tellurium space as a report by the U.S. Geological Survey calls tellurium “the bright future of solar energy.” “First Tellurium is exploring and developing tellurium projects in British Columbia and Colorado, confident that as the world focuses on developing green technologies, the demand for tellurium will only increase,” a recent article reads. “‘We’ve built a bold new approach to mineral exploration,’ the company states. ‘Our model is to generate revenue and investor value through mineral discovery, project development and…

WednesdaySep 27, 2023 9:40 am

MiningNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Releases Update on Drilling Program Update, Announces Capital Raise

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a public oil and gas exploration, exploitation and development company focusing on conventional oil and gas reservoirs in western Canada, is reporting on drilling progress and has announced a capital raise. The company is undertaking a nonbrokered private placement of debt financing with plans to raise up to $3 million, offering holders’ interest of 14% per annum, with interest payments to be made quarterly for a term of two years. As part of the offering, holders will also receive one common share for each dollar of principal paid at the time of…

TuesdaySep 26, 2023 12:28 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ) Enters Binding LOI to Acquire 50% Interest in Proven Yukon Gold Project

GEMXX (OTC: GEMZ), an enterprise specializing in gold, gemstone and jewelry production, today announced its entry into a binding letter of intent (“LOI”) to acquire an initial 50% stake in The Yukon Gold Project (“the property”), pending conclusion of due diligence and verification of the considerable exploration work already completed on the property and the assessments quantifying the proven and potential gold resources. According to the announcement, exploration work on the property to date includes geological mapping and prospecting, ground magnetometer and induced polarization surveys, soil sampling, trenching and diamond drilling. “In addition to our Snow Creek and Rosella Creek…

TuesdaySep 26, 2023 11:15 am

MiningNewsBreaks — LNG Energy Group Corp. (TSX.V: LNGE) (TSX.V: LNGE.WT) (OTCQB: LNGNF) (FRA: 6MH) Report on Sales, Drilling Status

LNG Energy Group (TSX.V: LNGE) (TSX.V: LNGE.WT) (OTCQB: LNGNF) (FRA: 6MH), a company focused on the acquisition and development of natural-gas production and exploration assets in Latin America, has released an update on its natural-gas sales and drilling. The company reported 19.2 million cubic feet equivalent per day (“MMcfe/d”) of net natural-gas sales for August 2023 and 18.6 MMcfe/d year-to-date, a 19% and 15% growth in net volumes over the same periods in 2022, respectively. The report also noted that an estimated 93% of total sales this year have been from natural-gas production, and by December, LNG Energy Group will begin realizing natural-gas…

FridaySep 22, 2023 3:45 pm

MiningNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Aspiring to Change the Face of the Oil and Gas Industry

Prospera (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a public oil and gas exploration, exploitation and development company focused on Western Canada, appears poised for record growth. This builds on “the success from 2022, when the company realized a net income of $3.1 million and experienced rapid growth when its revenue grew by a staggering 860% in Q2 2022. Prospera Energy expects significant reductions in production costs through 2024 and sizable increases in daily production. The company is currently exploring strategic acquisition targets to diversify Prospera heavy/light/gas product mix and path to 5,000 BPD over the next 24 months while expanding…

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