MiningNewsBreaks Archive - Page 9 of 73

TuesdayDec 12, 2023 12:55 pm

MiningNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Announces Sc, Co, REE Mineralization at New Buriti Target

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element and uranium sectors, has announced the discovery of a new mineralized zone named Buriti, showcasing mineralization of scandium (“Sc”), cobalt (“Co”) and rare earth elements (“REE”) in reverse circulation (“RC”) hole PCH-RC-116. According to the announcement, the Buriti Target was found through exploratory RC and auger drilling conducted as part of the company’s 2023 drill program. The discovery opens the potential of a promising new target zone for exploration and development, said company officials, who observed that it is the…

TuesdayDec 12, 2023 12:50 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Announces Industrial Tax Exemption Program for LA-SMC Project

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today announced a series of significant updates regarding the ongoing development of its rare earth element (“REE”) processing refinery, the Louisiana Strategic Metals Complex (“LA-SMC”) in Alexandria, Louisiana. According to the announcement, the Governor of Louisiana, Jon Bel Edwards, has executed the contract for exemption of ad valorem taxes for Ucore’s SMC project. The Industrial Tax Exemption Program (“ITEP”) provides the company up to a 10-year exemption (five-year initial term at 80% and five-year renewal term at 80%), which will result in an estimated $8.2 million in projected tax savings for Ucore during…

MondayDec 11, 2023 3:41 pm

MiningNewsBreaks – Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) Comments on Steadfast Commitment to Guyana

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) today commented on the border controversy between the Co-operative Republic of Guyana and the Bolivarian Republic of Venezuela following a consultative referendum held last week. The internationally recognized border between Venezuela and Guyana was established on Oct. 3, 1899, by an arbitration panel. In 1962, Venezuela claimed that the decision was invalid, and Guyana brought this matter before the International Court of Justice in 2018 asking the court to confirm the 1899 arbitral award. The escalation of Venezuela claims over what is referred to as the Essequibo region is widely attributed to recent oil…

MondayDec 11, 2023 11:02 am

MiningNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Issues First Tranche Per PCH Project Acquisition

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0) today announced that, further to the press release of Dec. 4, 2023, it has issued the first tranche of 500,000 shares pursuant to the definitive agreement with 3S LTDA, Beko Invest Ltd., Antonio Vitor Junior and AZ125 Mineracao Ltda, now known as Appia Brasil Rare Earths Mineracao Ltda (the “company”), to acquire up to a 70% interest in the PCH Project (the “transaction”). Within the Tocantins Structural Province in the Brasília Fold Belt, more specifically, the Arenópolis Magmatic Arc, the PCH Project is 17,551.07 ha in size and located within the Goiás state…

FridayDec 08, 2023 3:40 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Continues Proving Technical Superiority of Its RapidSX(TM) Platform

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a company engaged in the exploration for rare earth elements (“REEs”) in Canada and the U.S., as well as the associated development of superior separation and scalable production technologies, recently announced a technical update on its important RapidSX(TM) Demonstration Plant in Kingston, Ontario. “The update marks a significant milestone for the company and will allow it to ‘discreetly quantify the previous qualitative attributes of the RapidSX(TM) technology platform and the resulting rare earth element products,’” reads a recent article. “Over the first two years in Kingston, we proved the technical superiority of our…

ThursdayDec 07, 2023 1:49 pm

MiningNewsBreaks – Eloro Resources Ltd.’s (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Notable Positioning in Mining Industry Featured in BTV Interview

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) will be featured in an upcoming BTV – Business Television interview. The episode is scheduled to air on FOX Business News at 5:30 p.m. ET on Dec. 10, 2023. In the segment, “BTV highlights the company’s significant progress in its innovative silver-tin polymetallic venture in Bolivia. With a promising Mineral Resource Estimate and strategic drilling, Eloro is rapidly advancing towards a Preliminary Economic Assessment. This key step aims to attract major partners for commercial production, positioning Eloro as a notable player in the mining industry.” To view the full press release, visit…

ThursdayDec 07, 2023 1:02 pm

MiningNewsBreaks – Arizona Metals Corp. (TSX: AMC) (OTCQX: AZMCF) Virtual Investor Conference Presentation Available for Viewing

Arizona Metals (TSX: AMC) (OTCQX: AZMCF), a leading exploration and development company, presented during the recent Clean Energy and Precious Metals Virtual Investor Conference; the event was part of Virtual Investor Conferences (“VIC”), the leading proprietary investor conference series. That presentation is now available for online viewing. The conference was held Dec. 4–6, 2023, with Arizona Metals presenting on Dec. 6, with other battery and precious metals organizations. According to the announcement, company presentations will be available 24/7 for 90 days; in addition, some companies that participated in the event are scheduling one-on-one management meeting requests through Dec. 11, 2023.…

TuesdayDec 05, 2023 3:10 pm

MiningNewsBreaks – GEMXX Corporation (GEMZ) Releases Updated Status Report on Yukon Gold Project

GEMXX (OTC: GEMZ), a leader in the ammolite gemstone mine-to-market segment and a partner in Canadian gold-exploration company Crazy Horse Mining Inc. (“CHMI”), is reporting on the progress made in its review and verification of the exploration work already completed on the Yukon Gold Project property along with the assessments quantifying the proven and potential gold resources. The company also noted that it has started discussions with the current owner/partner to conduct a pilot plant on the property in 2024. According to the report, work completed on the project includes trenching, exploration work, geological mapping and prospecting, ground magnetometer and…

TuesdayDec 05, 2023 2:14 pm

MiningNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Announces Million-Dollar Development Financing, New Management Appointment

Prospera Energy (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B), a publicly traded energy company based in Western Canada specializing in the exploration, development and production of crude oil and natural gas, has successfully completed a $3 million GORR financing. According to the announcement, the GORR portion bears a 1% royalty on Prospera’s revenue from its Cuthbert properties and is repurchasable for $3.48 million in one year. The financing included an arms-length Purchase and Sale, Overriding Royalty Agreement and Agreement to Purchase Royalty for the sale of 1% royalty on Prospera's revenue from its Cuthbert properties with $1 million disbursed on closing;…

MondayDec 04, 2023 12:15 pm

MiningNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Announces Closing of PCH Project Acquisition

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0) today announced that it will be issuing the first tranche of 500,000 shares pursuant to the definitive agreement with 3S LTDA, Beko Invest Ltd., Antonio Vitor Junior and AZ125 Mineracao Ltda, now known as Appia Brasil Rare Earths Mineracao Ltda (the “company”), to acquire up to a 70% interest in the PCH Project. The property is located in the Tocantins Structural Province of the Brasília Fold Belt, Goiás State, Brazil. Under the agreement, the property is now registered in the name of the company, and Appia currently holds a 70% interest in the…

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