MiningNewsBreaks Archive - Page 90 of 139

TuesdayJun 20, 2023 11:37 am

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Featured in The Power Play by The Market Herald Interview

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) was featured in a new interview released by The Power Play by The Market Herald. The company’s CEO Pat Ryan joined host Coreena Robertson to discuss Ucore’s latest news. “Ucore Rare Metals Inc. has entered into an engagement letter with Research Capital Corporation, on behalf of a syndicate of agents, including Canaccord Genuity Corp. and Echelon Wealth Partners Inc., in connection with a ‘best efforts' agency basis private placement of units of the company at a price of $1.00 per unit for minimum gross proceeds of $4.0 million and maximum gross proceeds of…

TuesdayJun 20, 2023 11:00 am

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces 2023 PEA Results on Los Azules Copper Project

McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) today provided results of the updated Preliminary Economic Assessment (the “2023 PEA”) on the Los Azules Copper Project in San Juan Argentina (the “project”). The project is 100% owned by McEwen Copper Inc., which is 52% owned by McEwen Mining. According to the announcement, the PEA includes an updated independent mineral resource estimate, which increased to 10.9 billion (“B”) lbs. copper (“Cu”) (indicated, grade 0.40% ) and 26.7 B lbs. Cu (inferred, grade 0.31% ). Among the base highlights, the company reported total Cu recoverable to cathode of 8.68 billion lbs. (3.94 million…

TuesdayJun 20, 2023 10:12 am

MiningNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTC: RFLXF) (FSE: HF2) Completes Important Step in Exploration Program for Ruby Graphite Property

Reflex (CSE: RFLX) (OTC: RFLXF) (FSE: HF2) today announced the successful completion of a TDEM and magnetic helicopter survey on its Ruby Graphite property (the “project”) located in Montana, USA. Prospectair, an industry leader in technological innovation for airborne geophysical survey mapping, interpretation and analysis, completed the TDEM survey via helicopter to identify potential graphite mineralization targets and gather valuable geophysical data. “The completion of the TDEM helicopter survey is an important step in our exploration program for the Ruby Graphite property before commencing our planned summer 2023 drill program,” said Paul Gorman, CEO at Reflex Advanced Materials. “The survey…

FridayJun 16, 2023 2:11 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Accelerates Efforts to Establish North American REE Supply Chain

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF), a critical metals production innovator, is accelerating its efforts to establish a North American-focused supply chain for rare earth elements (“REEs”). The company announced in April that it had reached an agreement to lease an 80,800 square-foot brownfield facility in Alexandria, Louisiana, for its first Strategic Metals Complex (‘SMC’) facility for REE separation and oxide production. “The company has strengthened its financial position and is working to fulfill plans to launch construction of the Louisiana SMC this year, building to a production capacity of 2,000 metric tons of total rare earth oxides in…

WednesdayJun 14, 2023 11:49 am

MiningNewsBreaks – Reunion Gold Corporation (TSX.V: RGD) (OTCQX: RGDFF) Reports on Annual Meeting Results, Releases Pit-Constrained Mineral Resource Estimate

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) is reporting on its recent Annual General and Special Meeting of Shareholders, which was held June 13, 2023. During the meeting, shareholders elected nine individuals to serve on the company's board of directors. Those individuals are David Fennell, Rick Howes, Elaine Bennett, Pierre Chenard, Richard Cohen, Adrian Fleming, Réjean Gourde, Vijay Kirpalani and Fred Stanford. Shareholders also approved the reappointment of Raymond Chabot Grant Thornton LLP as auditors and voted to continue the company’s amended and restated share option plan. In addition, shareholders approved a by-law including advance notice provisions related to the nomination of…

MondayJun 12, 2023 2:57 pm

MiningNewsBreaks – Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) Executing Diversified Model, Mine-to-Market Approach to Capitalize on Opportunities

Reflex (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) is focused on improving domestic specialty mineral infrastructure efficiencies to meet surging national demand by North American manufacturers. “The company is working to advance its Ruby Graphite Project (high-quality natural flake and vein), located in Beaverhead County, Montana, and ZigZag Lake Lithium Property, located in Thunder Bay Mining Division, Crescent Lake Area, Ontario. The company is executing a diversified model to capitalize on market opportunities. Late in March, Reflex entered into a subscription agreement and agreed to make a strategic investment in Bio Graphene Solutions Inc. (‘BGS’). BGS is a private nanotechnology company…

FridayJun 09, 2023 12:40 pm

MiningNewsBreaks – Eloro Resources Ltd. (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) Celebrates Uplisting to the Premier Canadian Exchange

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 invited to ring the opening bell at the Toronto Stock Exchange in recognition of its recent promotion to the TSX main board. “Eloro Resources formally saw its corporate listing commence trading on the TSX or Toronto Stock Exchange on Monday, March 6, 2023 – having previously been listed on the TSX Venture Exchange (TSX-V) dating back to October 5, 2005. The upgraded listing sees Eloro Resources join the ranks of 650…

TuesdayJun 06, 2023 12:50 pm

MiningNewsBreaks – Ucore Rare Metals Inc. (TSX.V: UCU) (OTCQX: UURAF) Awarded $4M OT Agreement from US-DoD

Ucore Rare Metals (TSX.V: UCU) (OTCQX: UURAF) today announced that through its wholly owned subsidiary, Innovation Metals Corp. (“IMC”), the company has been awarded a firm-fixed-price $4 million other transaction agreement* (“OT agreement” or “award”) by the U.S. Army Contracting Command-Orlando (“ACC-ORL” or “US-DoD”). The OT agreement is to conduct a Rare Earth Element (“REE”) Separation Technology Capabilities Prototype Project at the company’s RapidSX(TM) Commercialization and Demonstration Facility (“CDF”) in Kingston, Ontario. Ucore will utilize its 52-Stage RapidSX(TM) Demonstration Plant for the separation of mixed heavy and light REE concentrate feedstocks. “We believe that Ucore has one of the West’s…

MondayJun 05, 2023 10:52 am

MiningNewsBreaks — Reflex Advanced Materials Corp. (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) Reports on Results from Annual General Meeting

Reflex Advanced Materials (CSE: RFLX) (OTCQB: RFLXF) (FWB: HF2) held its annual general meeting on June 1, 2023, and is now reporting on the voting of resolutions that was held during the meeting. According to the announcement, all resolutions presented to shareholders at the meeting were voted on, including the resolutions electing each of the company’s four nominees as directors, the resolutions approving the company’s equity incentive plan and ratifying issued awards, and the resolution appointing Smythe LLP, chartered professional accountants, to serve as company auditor. All resolutions were unanimously approved with a total of 4,831,301 (11.4%) of Reflex’s common…

ThursdayJun 01, 2023 11:04 am

MiningNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Reports Texmont Project Assay Results from Final Holes

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company that is advancing the next generation of nickel-sulphide projects, is sharing assay results from the final 11 drill holes at its Texmont Project. The company notes that the results confirm continued high-grade, near-surface mineralization. According to the announcement, the results are the final assays from the 39-drill-hole program conducted during the winter of 2022–2023. Highlights of the report include include information that seven of eleven holes intersected nickel grades >1% with all 11 holes intersecting nickel grades >0.5%. The company is working to produce a mineral resource estimate on the project and…

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