MiningNewsBreaks Archive - Page 97 of 100

ThursdayJul 02, 2020 10:37 am

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Plans for Asphalt Ridge Following Valkor and TomCo JV

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, noted today’s earlier announcement issued by TomCo Energy PLC. Per the update, following the establishment by TomCo of a joint venture company, Greenfield Energy LLC (“Greenfield”) with Valkor LLC (“Valkor”) on June 17, Greenfield will take over the management and operations of Petroteq's oil sands plant at Asphalt Ridge, Utah (the “POSP”). As indicated in TomCo’s announcement, Greenfield intends to make certain upgrades to the POSP and undertake tests to assess its potential commerciality. Valkor remains party…

TuesdayJun 30, 2020 12:41 pm

MiningNewsBreaks – Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) Announces Assay Results on 9 More Holes Drilled at Nevada Project

Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) today announced gold and silver assay results from nine more of the 25 holes recently drilled at its Bullfrog Project (“Project”). Among key highlights, the update reads, “Drilling continued to intercept thick intervals of gold mineralization in the Mystery Hill (MH) deposit. BH 20-6 intersected 110 meters averaging 0.41 g gold/t, including 26 meters of 0.91 g/t. BH-20-9 intersected 91 meters averaging 0.33 g/t and an upper interval of 6 meters averaging 0.53 at 23 meters. Most of the new intercepts are not in areas previously included in measured and indicated…

FridayJun 26, 2020 1:16 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Finalizes Agreements with Rare Earth Element Industry Experts to Advance Commercial, Technical Strategies

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, recently finalized consulting agreements with two rare earth element (“REE”) industry experts, Constantine Karayannopoulos and Brock O’Kelley. The experts will consult with the company on the development and implementation of commercial and technical REE strategies for the new U.S. REE program (http://nnw.fm/z82zF). An article discussing the company reads, “The company previously announced that it is entering the U.S. rare earths space by potentially leveraging its existing White Mesa Mill in Utah to produce high-value rare earth concentrates. If successful, the mill would play a critical role…

FridayJun 26, 2020 12:52 pm

MiningNewsBreaks – Why Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) Is ‘One to Watch’

Delaware-based Bullfrog Gold (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) is a gold and silver exploration company that holds a strong land and mineral position in the Bullfrog mine area in Nevada. A recent article discussing BFGC reads, “The company controls strategic lands with established 43-101 compliant resources in one of the most exciting gold exploration areas in the United States. The Bullfrog Gold Project includes a lease/option on much of the lands where Barrick Bullfrog Inc., a subsidiary of Barrick Gold Corp., produced more than 2.3 million ounces of gold and 2.49 million ounces of silver from 1989 to 1999.…

ThursdayJun 25, 2020 9:37 am

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Amendment to Securities and Shares for Debt

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, on Wednesday announced the amendment of three convertible debentures and three warrants issued to an arm’s length lender between July 2019 and October 2019. According to the update, the parties to the agreement intend to amend the conversion price applicable to the purchase price (US$650,000) of the US$780,000 principal amount convertible debentures from US$0.17, US$0.19 and US$0.21 to US$0.037. In addition, the parties intend to amend the exercise price of three warrants issued to the lender exercisable…

FridayJun 19, 2020 1:38 pm

MiningNewsBreaks – Kingman Minerals Ltd. (TSX.V: KGS) Engages Burgex Inc. to Complete New NI 43-101-Compliant Technical Report

Kingman Minerals (TSX.V: KGS), a Canada-based company engaged in the acquisition, exploration and development of gold and silver properties in North America, recently commissioned Burgex Inc. to produce a new NI 43-101 technical report on its Mohave County assets. An article discussing the company further reads, “Forming part of KGS’s Mohave Project, the historic 167-hectare Rosebud Mine was originally discovered as part of the ‘Gold Rush’ era in the 1880s and was mined extensively until the 1930s. While the most accessible resources have already been extracted, modern mining techniques enable the extraction of difficult lodes safely and cost effectively, giving…

WednesdayJun 17, 2020 12:12 pm

MiningNewsBreaks – Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) Announces Initial Gold and Silver Assay Results from Six of 25 Holes Drilled at Its Nevada Project

Bullfrog Gold Corp. (CSE: BFG) (OTCQB: BFGC) (FSE: 11B) today announced initial gold and silver assay results from six of 25 holes drilled at its Bullfrog Project (“Project”). The Project comprises 5,250 acres of strategic lands, established resources and prospective exploration potential in the Bullfrog Mining District, one of the most active gold exploration regions in North America, located 4 miles west of Beatty, Nevada, and 125 miles northwest of Las Vegas, Nevada. The Company has commanding land and resource positions in the Bullfrog mine area and is leveraging a significant dataset acquired from Barrick Bullfrog Inc. Among the highlights,…

MondayJun 15, 2020 1:53 pm

MiningNewsBreaks – Energy Fuels Inc.’s (NYSE American: UUUU) (TSX: EFR) Unique Competitive Advantages Featured in Exclusive Broadcast

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the largest uranium mining company in the United States, today announced that its president and CEO, Mark Chalmers, has been featured in an exclusive audio interview with NetworkNewsWire (“NNW”), a financial news and content distribution company and one of 45+ brands in the InvestorBrandNetwork (“IBN”). During the interview, Chalmers discussed Energy Fuels’ unique competitive advantages in the mining and production of uranium, vanadium and rare earth minerals, as well as the company’s recent milestones and operational goals for the balance of 2020. “There’s no company like Energy Fuels out there in the world,”…

MondayJun 15, 2020 10:28 am

MiningNewsBreaks – Petroteq Energy Inc. (TSX.V: PQE) (OTC: PQEFF) Announces Execution of Shares for Debt Agreements

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, on Friday announced the execution of shares for debt agreements, pursuant to which it will issue an ‎‎aggregate of 7,064,864 common shares in satisfaction of US$389,712 (including accrued interest) of indebtedness currently owed to six ‎arm’s ‎length creditors. According to the update, the Company determined to satisfy the indebtedness with common shares in order to ‎‎preserve its cash for use on its extraction technology in Asphalt Ridge, Utah, as well as for working ‎capital. To view the…

FridayJun 12, 2020 3:00 pm

MiningNewsBreaks – Kingman Minerals Ltd. (TSX.V: KGS) Enters Acquisition Agreement to Increase Gold, Silver Assets

Kingman Minerals (TSX.V: KGS) a Canada-based company engaged in the acquisition, exploration and development of gold and silver properties in North America, recently entered into an option agreement to acquire 100% interest in 52 lode claims covering an area of 1,071.2 acres in Arizona’s Mohave County. An article discussing the company further reads, “The option agreement, which will be valid for a period of four years, was obtained in exchange for a consideration of $150 thousand in cash, the issuance of 2.5 million new common shares and a commitment by the company to invest at least $1 million in exploration…

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