MiningNewsBreaks Archive - Page 99 of 132

MondayMar 07, 2022 11:45 am

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Signs Purchase Option Agreement for Ranger/Otter Project

StraightUp Resources (CSE: ST) (OTCQB: STUPF), a public company engaged in the business of mineral exploration and the acquisition of mineral property assets in North America, has entered into a purchase option agreement with 1544230 Ontario Inc. The agreement, entered into on behalf of Perry English and Gravel Ridge Resources Ltd., gives StraightUp Resources the exclusive right and option to acquire an undivided interest in the Ranger/Otter mining project, which is located in Red Lake, Ontario. According to the announcement, the agreement is subject to a 1.5% net smelter returns royalty. The agreement also notes that StraightUp Resources has the…

TuesdayMar 01, 2022 3:10 pm

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Targeting Cash Flow Generation, Leveraging Advanced Technology to Guide Explorational Focus

StraightUp Resources (CSE: ST) (OTCQB: STUPF), a company that has, since inception, remained committed to mineral exploration as well as the acquisition of mineral property assets both in North and South America, now seeks to tap into expected growth trends while generating cash flow. StraightUp has been on an aggressive campaign to secure properties in the region, having most recently acquired the West Cat Mine in the historic Beatty Mountain Mining District in Nye County, Nevada. The company has also secured rights of exclusivity with Premier Silver Corp, signaling a possible entry into Peru. “While these acquisitions have been integral…

MondayFeb 28, 2022 3:09 pm

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Favorably Poised as 2022 Report Forecasts Good News for Uranium Sector

Energy Fuels (NYSE American: UUUU) (TSX: EFR) is a leading U.S.-based uranium mining company that supplies U308 to major nuclear utilities, holds three of America’s key uranium production centers, and boasts more uranium production capacity than any other U.S. company. And as the year unfolds, a rosy Uranium Investing report, whose excerpts are contained in a recent article, notes that things in the uranium sector look good. This 2022 forecast means good news for Energy Fuels. The Uranium Investing report notes that uranium was one of the few commodities to register two solid years of gains amid a global pandemic,…

MondayFeb 28, 2022 2:57 pm

MiningNewsBreaks – StorEn Technologies Inc. Leading the Way in Developing Evolutionary Vanadium-Flow Batteries

StorEn Technologies could benefit as more people choose battery storage for residential energy storage. “Recent progress made in the battery-storage space makes residential energy storage more feasible than ever, and with available tax credits, the federal government is doing what it can to make the prospect even more appealing… That’s not the end of the incentives, however. Many states offer credits that could further reduce the cost of an energy-storage system,” notes a recent article. “These federal and state incentive programs are good indicators of the potential battery-storage systems have to make a difference in today’s world. StorEn is leading…

ThursdayFeb 17, 2022 3:26 pm

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Strengthens Commitment to Red Lake Mining District

StraightUp Resources (CSE: ST) (OTCQB: STUPF) has entered 2022 with a tailwind driving enthusiasm around its gold prospects in Ontario’s famed greenstone belt and a historically metal-rich region in the western United States. “The Canada-headquartered mineral explorer has spent the last year steadily increasing its data on five gold properties it has optioned in Canada’s well-known greenstone belt in Ontario, as well as a gold and silver mine it acquired in the western United States,” reads a recent article discussing the company. The piece further details StraightUp’s receipt of an early exploration permit for a portion of its RLX North…

FridayFeb 11, 2022 12:23 pm

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Greenlit to Proceed with Mechanized Drilling, Ground Geophysical Surveys at Flagship RLX Property

StraightUp Resources (CSE: ST) (OTCQB: STUPF) expects to proceed in its 2022 work programs for its flagship property, a 10,000-hectare tract of land located in the Red Lake District that has shown great promise in gold mining. The work programs include drilling the most prospective targets in the summer. This follows receipt of its early exploration permit (“PR-21-000261”) for the eastern block of its RLX North Property from the Ministry of Northern Development and Mine, Natural Resources and Forestry (“NDMNF”). A recent article reads: “The permit allows StraightUp to proceed with mechanized drilling along with ground geophysical surveys that require…

WednesdayFeb 09, 2022 12:51 pm

MiningNewsBreaks – Joshua Gold Resources Inc. (JSHG) to Identify Potential Drill Targets at Seymour Lake Extension Property

Joshua Gold Resources (OTC: JSHG), an American gold and mineral exploration company headquartered in Canada, today announced that it will be conducting a Drone Magnetometer Survey on its 100% owned Seymour Lake Extension property. JSHG is commencing the survey in order to pinpoint potential lithium (“Li”) drill targets at its property situated in northwestern Ontario within the Caribou-Marshall Lake Greenstone Belt. The Seymour Lake Extension property is adjacent to Green Technology Metals’ Seymour Lake lithium deposit, estimated to contain 2 to 3 million tons of 1.25% lithium. “With the global surge in electric vehicle production, lithium prices have exploded as…

WednesdayFeb 09, 2022 12:11 pm

MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) Releases Results from Diamond Drilling Campaign

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) has shared the results from a diamond drilling campaign conducted last year as part of its ongoing exploration program at the Silver City project in Saxony, Germany. With 24 diamond drill holes completed on the program to date, highlights from the drilling include news that the step-out drilling intersected significant silver mineralization at four targets and that the historical data review, structural and geological modelling, and soil sampling and prospecting is in progress on the Bräunsdorf license. Excellon is also planning additional soil lines for the Oederan, Mohorn and Frauenstein licenses to be…

FridayFeb 04, 2022 12:52 pm

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Optimistic About Potential of Precious Metals Market

StraightUp Resources (CSE: ST) (OTCQB: STUPF), a company dedicated to acquiring and exploring mineral property assets, is optimistic about the potential of the precious metals market in light of the uncertainty in economic forces at play in the world today. “As Americans are weary of COVID-19 pandemic restrictions and worry more about the economy and inflation’s effects on their personal finances, many investors are considering a move toward precious metals as a safe haven,” a recent article reads. StraightUp is focusing most of its attention on five projects it has optioned in Ontario’s greenbelt region. The Ferdinand, RLX North, RLX…

ThursdayJan 27, 2022 2:36 pm

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Targeting Transition from Exploration Company to Mining Company

StraightUp Resources (CSE: ST) (OTCQB: STUPF) is ideally positioning itself to tap into the expected growth trends in regard to the prices of precious metals. The average silver prices per troy ounce have trended upwards since 2018, while the average gold prices per troy ounce have increased year-over-year since 2015. StraightUp is undertaking thorough exploration work at its existing mining assets as well as acquiring new properties. For example, in September last year, the company acquired the West Cat Mine in the historical Beatty Mountain Nevada Mining District in Nye County, Nevada. According to NI 43-101 compliant historical data, the…

MiningNewsWire provides insights and opportunities in the mineral and mining sectors.

Contact us: (512) 354-7000

MiningNewsBreaks