WednesdaySep 02, 2020 2:42 pm

MiningNewsBreaks – Kingman Minerals Ltd. (TSX.V: KGS) Eyes Opportunity, New Exploration Targets as Gold Trends Upward

Kingman Minerals (TSX.V: KGS), a Canada-listed gold miner with extensive claims in key mining jurisdictions spanning North America, is positioned to leverage market trends as gold prices soar to record highs and investors look for a safe haven from inflation and the weakening of fiat currencies. A recent article discussing the market’s upward trajectory and KGS’ positioning reads, “As a result, gold becomes a more attractive — and stable — investment, a situation that Kingman Minerals is positioned to make the most of. The company’s strategic business model is designed to deliver the highest benefit possible to its shareholders as…

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WednesdaySep 02, 2020 1:01 pm

MiningNewsBreaks – A.I.S. Resources Ltd. (TSX.V: AIS) Announces Progress on Yalgogrin Orogenic Gold Project

A.I.S. Resources (TSX.V: AIS) today announced that due diligence on the Yalgogrin Orogenic Gold Project has been completed with a three-day project inspection of the historic mines and geology on ELA6030 and EL5891. Among other highlights in the update, the company announced that 12 drill core samples from EL5891 have been verified as correct and show a strong correlation. “With 11 km strike length of known gold workings, and production over 15,000 oz from surface workings, the assay results are what we were expecting. This gives us confidence going forward with our highly prospective gold project in the Lachlan Fold…

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TuesdaySep 01, 2020 12:40 pm

MiningNewsBreaks – Central African Gold Inc. (TSX.V: CAGR) (FSE: BC2) (OTCQB: NDENF) Grants Stock Options to Key Individuals

Natural resource company Central African Gold (TSX.V: CAGR) (FSE: BC2) (OTCQB: NDENF) has announced stock options will be available to some of the company’s directors, officers, consultants and employees in accordance to CAGR’s stock option plan. The company outlined the grant of 2 million incentive stock options available at a price of C$0.40; the options are exercisable for a period of five years. To view the full press release, visit http://ibn.fm/FPEyw About Central African Gold Inc. Central African is a natural-resource company with a primary focus on the acquisition, exploration, development and operation of mineral projects in the Democratic Republic…

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WednesdayAug 26, 2020 10:12 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) CEO to Present Company Update at LD 500 Conference

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, has announced that CEO Mark S. Chalmers has been invited to be a presenter at this year’s virtual LD 500 investor conference. During his presentation, Chalmers will provide an update on the company. The presentation will include an overview of UUUU’s critical mineral initiatives, including uranium production; it will also include discussion on the company’s strategic plan to eliminate debt and its progress with the rare earth element ("REE") processing program. The prestigious conference is scheduled for Sept. 1–4; Chalmers’s presentation is slated for 4 p.m. EST on…

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WednesdayAug 26, 2020 9:59 am

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Issues Shareholder Update

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF), an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, today released a shareholder update regarding recent ‎transactions relating to the company. Among other highlights, the update discussed Petroteq’s entry into an agreement with Valkor Energy Services LLC. Under the agreement, Valkor will assume responsibility for the management and operations of Petroteq’s existing oil sands plant at Asphalt Ridge, Utah. Valkor, together with its joint venture partner, Tomco Energy plc, ‎are upgrading Petroteq’s existing oil sands plant to increase capacity and reliability for continuous ‎operations at 400…

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MondayAug 24, 2020 1:13 pm

MiningNewsBreaks – Kingman Minerals Ltd. (TSX.V: KGS) Prioritizes Drill Program at Arizona-Based Mohave Project

Kingman Minerals (TSX.V: KGS), a Canada-listed gold miner with extensive claims in key mining jurisdictions spanning North America, is prioritizing its Mohave Project to confirm the key asset’s viable mineral deposits. The project is located within the Music Mountains in Mohave County, Arizona – a territory encompassing 72 lode claims and spanning nearly 1,500 acres. A recent article discussing this reads, “Despite the promising results found during the initial exploration of the Cadillac East site, Kingman Minerals has opted to prioritize its ongoing drill campaign aimed towards confirming the viable ore deposits within its Arizona-based Mohave Project, which is expected…

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ThursdayAug 20, 2020 10:07 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Streamlines Organizational Structure, Focuses on Growth

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, today announced that it is making a number of changes to its management team in order to reduce costs, flatten the organizational structure and focus on the ongoing growth of a new generation of U.S. uranium and rare earth element ("REE") professionals. "While the U.S. uranium mining and rare earth element industries are small, there are excellent opportunities, and we have some extremely talented and knowledgeable rising professionals who have shown a true dedication to the values we uphold at Energy Fuels, including safety, environmental…

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TuesdayAug 18, 2020 11:07 am

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF) Hires COO with Depth, Decades of Experience

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) (FSE: PQCF), an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, announced that it has hired George Stapleton as its new chief operating officer. Stapleton brings with him more than 40 years of experience in the areas of design, construction, fabrication and project management for onshore and offshore plant and energy infrastructure-related projects. In his new role, Stapleton will manage all engineering, planning, procurement, project management and day-to-day operations for Petroteq. “Mr. Stapleton’s recruitment is certainly a most fortuitous event for Petroteq,” said PQEFF chairman Alex…

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FridayAug 14, 2020 2:31 pm

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Additional Debt Conversions, Equity Investment

Petroteq Energy (TSX.V: PQE) (OTC: PQEFF) , an integrated oil company focused on the development and implementation of its proprietary oil-extraction and remediation technologies, today announced that Valkor Engineering has agreed to settle the remaining portion of its debt with the company, namely, US$700,000, through the issuance of 11,666,666 common shares of the company, each at a deemed price of US$0.06. According to the update, including the shares for debt transaction between Valkor and Petroteq announced on July 20, 2020, upon closing of both transactions, Valkor would hold 60,624,666 common shares of the company representing 19.92% of all of its…

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FridayAug 14, 2020 12:17 pm

MiningNewsBreaks – Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) Achieves Program Objectives, Eyes Highly Prospective Undrilled Area

Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B),a Delaware corporation engaged in the acquisition, exploration, and development of U.S. gold and silver properties, earlier this month announced assay results from the final six holes of the 25 recently drilled at its Bullfrog Project. The news, coupled with recently issued analyst recommendations, provides Bullfrog with a positive outlook. A recent article discussing this quotes Bullfrog Gold CEO Dave Beling, who states “The drill assay results achieved our objectives to further define resources and ultimate limits of proposed expansions to the Bullfrog and MS pits. The program also fulfilled a final…

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