MiningNewsBreaks Archive - Page 82 of 130

TuesdayMay 30, 2023 1:14 pm

MiningNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) CEO Featured in Latest Bell2Bell Podcast

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) CEO and director Paul Gorman is spotlighted in the most recent episode of the Bell2Bell Podcast, which delivers insightful updates and exclusive interviews with executives operating in fast-moving industries; the podcast is sponsored by IBN, a multifaceted communications organization engaged in connecting public companies to the investment community. Reflex is a mineral exploration company based in British Columbia. During the interview, Gorman and host Stuart Smith discussed the company’s business model and operating markets. “Reflex was really designed by a capital markets group taking a look at what was happening in…

FridayMay 26, 2023 12:17 pm

MiningNewsBreaks – Eloro Resources Ltd.’s (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) VP of Exploration Eyes ‘Potential for Two World-Class Deposits’

Eloro Resources (TSX: 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, was recently featured in a corporate update by Focus Communications. Eloro’s Executive VP of Exploration, Bill Pearson, was a guest of the program and discussed the company’s latest drill results from its ongoing drilling activity within the Santa Barbara High-Grade Zone and provided guidance on its next steps. “Since acquiring an option to purchase a 100% interest in the highly prospective Iska Iska Property, which hosts a major silver-tin polymetallic porphyry-epithermal complex, Eloro…

WednesdayMay 24, 2023 2:28 pm

MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Updates Regarding Assay Results, Projects

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) is reporting on assay results from its Ontario-based Sothman Property and status on its other projects. Highlights of the assay results indicate that long, shallow mineralized intervals have been reported at both Sothman and Midlothian, with Sothman returning 319 meters of 0.29% nickel starting at 15 meters in East Zone and Midlothian returning 343 meters of 0.28% nickel starting at 2 meters. In addition, high-grade mineralization has been confirmed at Sothman within larger mineralized intervals. “Our regional exploration program successfully continues to deliver positive results, as we add Mann Northwest to the string of…

WednesdayMay 24, 2023 2:11 pm

MiningNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2) CEO to Present at Upcoming Conference

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FSE: HF2), a mineral exploration company based in British Columbia, will be participating in the Benchmark Mineral Intelligence Gigafactory Conference. The two-day event will be held June 8–9, 2023, Washington, D.C. The company announced that CEO Paul Gorman will be a panel member during a session focused on the graphic supply chain. Recognized as a premier event for industry professionals, government leaders, investors and key stakeholders in the electric vehicle (EV) and energy storage sectors, the Benchmark Mineral Intelligence Gigafactory Conference is hosted by Benchmark Mineral Intelligence, the world's leading provider of independent…

WednesdayMay 24, 2023 1:58 pm

MiningNewsBreaks — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces Payment of Senior Secured Debt, 39% Debt Reduction

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, has taken a significant step in reducing its debt. The company has repaid $25 million of its senior secured debt; the payment was made to Sprott Resource Lending, resulting in Sprott no longer being a lender to the comp in senior secured debt along with a $15 million unsecured promissory note for a total debt of $65 million. Following the repayment to Sprott, the company noted that its senior secured debt had been amended and restated to total $40 million, with a monthly interest at 9.75%…

FridayMay 19, 2023 3:34 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Unlocking Resources for Downstream Customers

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a critical metals company, is aggressively working to become a leader in solutions for improving the separation of rare earth elements (“REEs”) from mined ores in order to secure a stronger position for American REE production. “The key to Ucore’s solution is its development of a solvent extraction process that will not only be the only one based in the Western Hemisphere, but that will be superior to the universally used SX (also known as CSX) extraction process. Ucore’s RapidSX(TM) process is at least three times more efficient than the SX standard, requires…

TuesdayMay 16, 2023 1:34 pm

MiningNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTC: RFLXF) (FWB: HF2) Enters Strategic Partnership with LSTM

Reflex (CSE: RFLX) (OTC: RFLXF) (FWB: HF2) today announced a partnership with Lone Star Tech Minerals (“LSTM”), a Texas-based graphite and industrial minerals marketing consulting firm, which will assist Reflex with competitive analysis, market research and marketing strategies. Under the partnership, LSTM will provide Reflex with a strategic production and marketing plan. “We are excited to partner with Lone Star Tech Minerals and leverage their marketing and technical experience,” said Paul Gorman, CEO of Reflex Advanced Materials Corp. “Lone Star’s extensive knowledge of the CSPG industry will be invaluable as we aim to deliver high-quality, custom graphite products to a…

FridayMay 12, 2023 2:43 pm

Nuclear Physicists Discover New Uranium Isotope

Nuclear physicists associated with different institutions in Japan and their colleague from South Korea have found a new uranium isotope. In the past few decades, nuclear physicists have discovered that finding the properties of isotopes rich in neutrons is challenging, because of the problems caused by their creation. This has prompted some studies to focus on finding new ways to synthesize the isotopes under laboratory conditions. For this recent study, the team of researchers used a new approach that involved using an isotope separation system to fire a sample nuclei of uranium-238 at a sample nuclei of platinum-198. These interactions…

WednesdayMay 10, 2023 1:47 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Issues Corporate Update, Extends Term of Outstanding Convertible Debentures

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today provided a corporate update and announced that it intends to extend the term of certain outstanding convertible debentures, which currently have a maturity date of May 31, 2023. According to the update, the debentures were originally issued in May of 2020, with a three-year term. On May 21 and 29, 2020, Ucore issued 1,280 and 1,520 convertible debentures respectively, with a face value of $1,000 each for total gross proceeds of $2.8 million. These unsecured debentures bear interest at a rate of 7.5% payable semi-annually and mature on May 31, 2023. Per…

WednesdayMay 10, 2023 1:29 pm

MiningNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTC: RFLXF) (FWB: HF2) Confirms High Density Graphite Material at Ruby Project

Reflex (CSE:RFLX) (OTC: RFLXF) (FWB: HF2) today announced results of preliminary metallurgical findings for its natural vein graphite at its Ruby Graphite deposit located in southwest Montana. Initial testing conducted by American Energy Technologies Company (“AETC”) enabled measuring of the specific surface area, which had values of less than 5 m 2 /g, indicative of graphite material with very low porosity, a prerequisite of high-density graphite. “We are very pleased that graphite material was left on the Ruby property from original mining operations in the 1940s, enabling us to evaluate the material using modern metallurgical techniques,” said Paul Gorman, CEO…

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