MiningNewsBreaks Archive - Page 77 of 116

MondayJan 30, 2023 12:56 pm

MiningNewsBreaks – Why Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Is ‘One to Watch’

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) is focused on advancing the next generation of nickel-sulfide projects to deliver metals needed to power the electric vehicle (“EV”) revolution and feed the high-growth stainless steel market. The company is one of only a few new sources of potential supply outside Indonesia and China. “Canada Nickel is currently anchored by its 100% owned flagship Crawford Nickel-Cobalt Sulfide Project with large-scale potential located in the heart of Ontario’s prolific Timmins-Cochrane mining camp, adjacent to major infrastructure… The Crawford Nickel-Cobalt Sulfide Project is the largest sulfide discovery since the early 1970s and contains the fifth-largest…

FridayJan 27, 2023 2:15 pm

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Eyes Potential Extension of Overall Deposit at Iska Iska, Adjoining Properties

Eloro Resources (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM), an exploration and mine development company, is focused on its key Bolivian property Iska Iska. “Iska Iska is located in the prolific Potosi region of Southern Bolivia, an area renowned for its world-class silver and tin deposits. It is located a mere 180 kilometers south of the Cerro Rico deposit, which is widely acknowledged as one of the world’s most prolific silver deposits, having produced over 2.5 billion silver ounces since the sixteenth century and still producing today… Eloro commenced the inaugural drill program at the Iska Iska site in September 2020…

FridayJan 27, 2023 1:54 pm

MiningNewsBreaks – Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Tapping into Arizona’s Rich Mining History with Kay Mine and Sugarloaf Peak Projects

Arizona Metals (TSX: AMC) (OTCQX: AZMCF), a Toronto, Canada-based mineral exploration company, owns 100% of the Kay Mine Property in Yavapai County and 100% of the Sugarloaf Peak Property in La Paz County. Both projects have excellent infrastructure, including roads, water access and power. “For more than 200 years, mineral-rich Arizona has been a driving force for settlement and economic expansion… Arizona hosts 992 valid mineral species, with more discoveries expected in the future. Notable historical mines in the state include the Christmas Mine, with over 80 minerals, the copper-producing Bagdad Mine and the Iron Cap Mine, which produced silver,…

ThursdayJan 26, 2023 12:20 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Issues Update on Its RapidSX(TM) Demo Plant

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today provided an update on the commissioning process for its RapidSX(TM) Demonstration Plant (“Demo Plant”) for the separation of heavy and light rare earth elements (“REEs”). Located within Ucore’s 5,000 square foot RapidSX Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario, the Demo Plant is run by the company’s laboratory partner, Kingston Process Metallurgy Inc. (“KPM”). “We are extremely pleased with the work at the CDF in concert with our partners, KPM, Mech-Chem, and a host of other supporting contractors and vendors as we work toward near-term commercial deployment of the RapidSX rare…

ThursdayJan 26, 2023 12:13 pm

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), McEwen Copper Inc. Announce Robust Assay Results at Los Azules, Engagement of IBN for Corporate Communications Expertise

McEwen Copper Inc., 68%-owned by McEwen Mining Inc. (NYSE: MUX) (TSX: MUX), today announced rich copper values over attractive widths resulting from infill drilling at its Los Azules project. A large porphyry copper-gold-silver deposit, Los Azules holds considerable growth potential, where its ultimate depth and lateral extents remain to be determined. Among the highlights, the company reported widespread mineralized magmatic hydrothermal breccias with intercepts such as 237.2 meters (m) of 1.05% Cu including 108 m of 1.71% Cu in hole AZ22173. “We have transitioned into 2023 with tremendous momentum, backstopped by 9 on-site drills, an active community engagement program and…

WednesdayJan 18, 2023 1:24 pm

MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Releases Report on ‘Major Discovery’ at Reid Property

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) has released an update on its on its exploration efforts at its Reid Property, which is located within 16 km of the Crawford Nickel discovery. Highlights of the report indicate that all 16 holes at Reid intersected multi-hundred meter intervals of mineralization; six holes in the Central Core Area intersected at higher grades. In addition, the report noted that holes REI22-14 and REI22-16 confirmed mineralization that is more than 500 meters wide, a distance approximately 50% wider than Crawford Main Zone and more than 100% wider than Crawford East Zone. The company also observed…

TuesdayJan 17, 2023 2:37 pm

MiningNewsBreaks – IBN Expands Collaboration with Mines and Money for 2023 Event Series

IBN (“InvestorBrandNetwork”), a multifaceted financial news and publishing company, today announced that it will continue its ongoing collaboration with Beacon Events’ Mines and Money event series to serve as an official media sponsor throughout 2023. Managing the number-one global event portfolio for mining investment, Mines and Money is the gold standard for connecting sophisticated investors with innovative managerial teams. Under the collaboration with Mines and Money, IBN will provide next-generation communications solutions for upcoming events. “Mines and Money events attract thousands of attendees each year, many of whom are from marquee institutions or well-known thought leaders. With the drive for…

FridayJan 13, 2023 2:48 pm

MiningNewsBreaks – Atlas Lithium Corporation (NASDAQ: ATLX) Announces Closing of Underwritten Public Offering, Nasdaq Uplisting

Atlas Lithium (NASDAQ: ATLX), a U.S. mineral exploration company with lithium projects and properties in other critical battery metals, has announced the closing of its underwritten public offering of 675,000 shares of common stock and Nasdaq uplisting. The underwriters additionally exercised the over-allotment option to purchase an additional 101,250 shares of common stock. According to the update, the shares began trading on the Nasdaq Capital Market under the ticker symbol ATLX on Jan. 10, 2023. EF Hutton Acquisition Corp. (NASDAQ: EFHTU), division of Benchmark Investments LLC, acted as sole book-running manager for the offering. To view the full press release,…

FridayJan 13, 2023 12:47 pm

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Eyes Opportunity Following Recent Exploratory Work at Its Iska Iska Project

Eloro Resources’ (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) EVP of Exploration Bill Pearson was recently part of an interview on Business TV (“BTV”) where he expressed his optimism on the company’s prospects following its recent exploratory work at its Iska Iska project located in southern Bolivia. “[Pearson also simultaneously suggested] that the possibility that Eloro could potentially uncover a world-class, multimillion-ounce deposit of silver and tin within the Iska Iska project may not be far off from the realm of possibility. Over the past two years, Eloro Resources has drilled upwards of 102 holes and over 70,000 cumulative meters across…

FridayJan 13, 2023 10:40 am

MiningNewsBreaks – Thunder Energies Corp. (TNRG) Reports Nevada Mining Property Value

Thunder Energies (OTC: TNRG) has reported the fair market value assessment, issued by the engagement of Lane A. Griffin, a professional geologist, for the reserves of gold and other valuable minerals present at its Nevada mining property. The valuation is based on Griffin’s visits to the 3,200 acre parcel in northeast Nevada, nearby mining activity and reports, as well as rock sample results, independently examined, in which Sparks, Nevada-based American Assay conducted the rock analysis for Griffin. Thunder Energies has received a Griffin’s formal valuation report in addition to rock sample reports prepared by American Assay. Griffin places the value…

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