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NewsBreak Category: Mining
Thursday Oct 21, 2021 - 11:00 am

InvestorNewsBreaks – StraightUp Resources Inc. (CSE: ST) Acquires Historically Productive Mine in Nevada’s Bullfrog Boom Zone

StraightUp Resources (CSE: ST), a Canada-based mineral exploration and mining property acquisition company, recently announced the acquisition of the West Cat Mine. With this move, the company adds the historically productive mine located within the renowned Bullfrog boom zone of southwestern Nevada to its Ontario greenstone belt options. “Barrick Bullfrog Inc. produced about 2.3 million ounces of gold and more than 3 million ounces of…

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Thursday Oct 14, 2021 - 1:19 pm

InvestorNewsBreaks – StraightUp Resources Inc.’s (CSE: ST) RLX Properties ‘Highly Prospective’ for Economic Gold Deposits

StraightUp Resources (CSE: ST) recently announced the completion of a high-resolution Heli-borne magnetic survey (“MAG”) on the RLX North and RLX South properties (“RLX Properties”) that comprise the company’s largest area of operation currently. According to Mark Brezer, the company’s president and CEO, the projects are in the heart of the Red Lake Mining District, an area that is seeing a resurgence of gold-bearing deposits…

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Thursday Oct 07, 2021 - 12:41 pm

InvestorNewsBreaks – Why StraightUp Resources Inc. (CSE: ST) Is ‘One to Watch’

StraightUp Resources (CSE: ST) is engaged in the business of mineral exploration and the acquisition of mineral property assets across North America. “The company’s flagship properties are located in the Red Lake Mining District of Ontario, Canada, renowned for over 30 million ounces of historic gold production. Other key projects extend into the neighboring Meen-Dempster Greenstone Belt of the Uchi Subprovince. The company’s management team…

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Tuesday Oct 05, 2021 - 2:42 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Establishes Foundation to Benefit Communities Surrounding the White Mesa Mill

Energy Fuels (NYSE American: UUUU) (TSX: EFR) recently established the San Juan County Clean Energy Foundation, a fund created to contribute to the communities surrounding UUUU’s White Mesa Mill in southeastern Utah. “The funds from the foundation are earmarked to support the local economy and local priorities, specifically focusing on supporting education, the environment, health/wellness, and economic advancement in the city of Blanding, San Juan…

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Tuesday Oct 05, 2021 - 9:53 am

InvestorNewsBreaks – Excellon Resources Inc.’s (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Drill Campaign Continues to Define High-Grade Mineralization at Platosa

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) today announced results from underground drilling at the Platosa Mine in Durango, Mexico. Among the highlights, the company reported further high-grade results from the 623, NE-1S, and Guadalupe South mantos, with diamond drilling results from underground. “Drilling at Platosa continues to define high-grade mineralization ahead of production,” said SVP of Geology and Corporate Development Ben Pullinger.…

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Monday Sep 20, 2021 - 12:13 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Enters Entirely New Realm – the World of Medicine

Energy Fuels (NYSE American: UUUU) (TSX: EFR) recently entered into a strategic alliance with RadTran LLC, a technology development company focused on closing critical gaps in the procurement of medical isotopes, to evaluate the recovery of thorium and possibly radium from the company’s existing rare earth carbonate and uranium process streams. “The company just began producing rare earths by unlocking the value of a mineral…

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Thursday Sep 09, 2021 - 3:13 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Playing Essential Role in US Efforts to End Dependence on China for REEs

Energy Fuels (NYSE American: UUUU) (TSX: EFR) may be the only company outside of China with the equipment, expertise and licenses in place to responsibly process monazite, one of the most valuable rare earth elements (“REEs”) in the world. A recent article reads, “The company, along with key partners, is focused on establishing the United States again as a producer of advanced rare earth products,…

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Thursday Sep 02, 2021 - 9:39 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Reminds Holders about Warrants Expiration

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, has issued a reminder. The company alerted holders of its outstanding common share purchase warrants that the warrants are scheduled to expire on Monday, Sept. 20, 2021, at 5 p.m. EDT. The company noted that the corresponding warrant indenture dated Sept. 20, 2016, between Energy Fuels, CST Trust Company and American Stock Transfer…

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Thursday Aug 26, 2021 - 1:12 pm

InvestorNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Poised as Lithium-Ion Batteries Increasingly Become the Rage

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company with a primary focus on developing a multicommodity mineral property portfolio, recently announced the results of drill hole LC21-22 at its Augustus Lithium Property in Quebec. “The drill hole intersected a 10.5-meter-wide zone with 1.22% lithium oxide at 69 meters drilled depth,” reads a recent article. “First Energy Metals is well positioned…

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Thursday Aug 26, 2021 - 1:00 pm

InvestorNewsBreaks – Excellon Resources Inc.’s (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Platosa Continues Production at Historically High Rates

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2), a silver and base metals producer with precious metal projects in Mexico, Idaho and Germany, recently published its second quarter results for the 2021 fiscal year. Among the highlights, the company reported Q2 2021 revenues of $9.7 million, up from the $0.7 million registered in Q2 2020, and significantly improved gross profit to $2.1 million, up…

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Tuesday Aug 17, 2021 - 2:40 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Collaborates to Mark Important Milestone to Restore Critical RE Supply Chains

Energy Fuels (NYSE American: UUUU) (TSX: EFR) and Neo Performance Materials (TSX: NEO) recently announced that the first container of mixed rare earth (“RE”) carbonate was shipped from UUUU’s White Mesa Mill in Utah to NEO’s rare earth separation facility in Estonia. This shipment marked an important milestone toward restoring the critical U.S. and European rare earth supply chains. Chemours (NYSE: CC), based in Georgia,…

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Tuesday Aug 10, 2021 - 10:34 am

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) Releases Update Regarding Mexico Litigation

Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) has provided an update on litigation involving the company’s subsidiary San Pedro Resources SA de CV. The litigation is regarding part of the Evolución property in Zacatecas and was first disclosed in 2019. The company is confirming that, as it reported in July, San Pedro's appeal to the federal courts of Mexico in respect of the litigation was dismissed, despite…

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Tuesday Aug 03, 2021 - 9:32 am

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Announces AGM Results

Uranium Energy (NYSE American: UEC), a uranium mining and exploration company, today announced that, in conjunction with the holding of the company's recent annual general meeting (“AGM”) of stockholders on July 30, 2021, the matters disclosed in the update were duly ratified by the company's stockholders and have been implemented by the board of directors. Among the updates, the announcement discusses members who were elected…

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Wednesday Jul 28, 2021 - 10:56 am

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Announces Progress of Silver City Drilling Program

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) today provided an update on the ongoing drilling program at the Silver City Project located in Saxony, Germany. Among the highlights, the company reported smooth commencement of drilling at the first of four priority targets of the 12,000-metre diamond drilling program planned for 2021. In addition, a second drill rig was added to the program, with…

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Wednesday Jul 21, 2021 - 11:53 am

InvestorNewsBreaks – Asia Broadband Inc. (AABB) Provides Update on Mining Properties, Facilities

Asia Broadband (OTC: AABB),a resource company focused on the production, supply and sale of precious and base metals primarily to Asian markets, released an update on its mining properties and facilities. AABB is focusing its efforts in parts of Mexico where the company has a comparative advantage of development resources and expertise readily available, enabling the rapid expansion and duplication of previous gold production success. The…

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Tuesday Jul 20, 2021 - 10:40 am

InvestorNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Impressive Drill Results at Augustus Lithium Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today announced results of drill hole LC21-22 at its Augustus Lithium Property in Quebec, Canada. According to the update, the drill hole intersected a 10.5-meter-wide zone with 1.22% lithium oxide (“Li 2 O”) at 69 metres (“m”) drilled depth. There are additional anomalous values of other rare metals, including average values of…

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Wednesday Jul 14, 2021 - 9:57 am

InvestorNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces 1.35% Drilling at Its Quebec Property Drill Hole

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, has released results of drill hole LC21-003 at its Augustus Lithium Property in Quebec, Canada. The announcement stated that the drill hole intersected a six-meter-wide zone with 0.62% lithium oxide (“Li2O”) at 45 meters in depth; the hole included a two meter-wide wide intersection with 1.35% Li2O at 48 meters depth. In addition, a second two-meter-wide…

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Tuesday Jul 13, 2021 - 11:38 am

InvestorNewsBreaks – Asia Broadband Inc. (AABB) Announces Completion of Share Retirement, 120M Reduction in Total Outstanding Shares

Asia Broadband (OTC: AABB) today announced that its management and board of directors recently completed the retirement and return of 120 million restricted common shares to the company treasury. According to the update, the reduction in the total outstanding company shares was 13 million more than the 107 million share reduction previously approved and announced in May. Asia Broadband’s initiative to create shareholder value led…

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Thursday Jul 01, 2021 - 12:02 pm

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Positioned Amid Silver’s Rising Demand/Declining Supply

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) is a silver and base metals producer with precious metal projects located in Mexico, Idaho and Germany. According to a recent article, “The World Silver Survey has forecast a rise in total silver demand in 2021 of 15% to 1.03 billion ounces, with industrial demand set to rebound by 8% year-over-year. However, the rosy demand outlook…

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Thursday Jul 01, 2021 - 11:46 am

InvestorNewsBreaks – Asia Broadband Inc. (AABB) Eyes Promising Assay Results in Leveraging Mine-to-Token Strategy

Asia Broadband (OTC: AABB), a precious metals resource holder and cryptocurrency developer, has been assessing several gold mining projects and has issued letters of intent (“LOIs”) for mines and processing facilities in the Mexico-based states of Jalisco and Nayarit. These efforts are underway in order for AABB to add to its gold holdings under its mine-to-token strategy. The company is moving forward with its intent…

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Tuesday Jun 29, 2021 - 1:04 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Making Strides to Restore Critical US Rare Earth Supply Chains

Energy Fuels (NYSE American: UUUU) (TSX: EFR) continues to focus on its efforts to produce commercial rare earth elements (“REEs”) as well as on uranium production as the U.S. government looks to support moves to limit dependence on other countries for the mining and production of various metals. “Without a doubt, Energy Fuels is making major strides toward restoring critical U.S. rare earth supply chains…

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Friday Jun 25, 2021 - 2:01 pm

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Eyes Promising Results at Platosa

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) is a silver and base metals producer with operations in Mexico and precious metal exploration projects in Mexico, Idaho and Germany. The company is working on developing a precious metals growth pipeline across a myriad of geographies and has announced exceptional results from its drilling program at Platosa. “Excellon has seen particularly promising results from its…

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Friday Jun 25, 2021 - 11:45 am

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Featured in Broadcast Discussing Its Rising Interest, Growing Portfolio

Uranium Energy (NYSE American: UEC), a uranium mining and exploration company, today announced the availability of a broadcast titled, “Time to Capitalize on the Net Zero Emission Initiative.” The piece discusses the climbing interest in uranium, with UEC shares gaining notice. The audio press release discusses the Texas-based company’s strong and growing portfolio of ISR projects and its diversification. “UEC has also diversified its uranium…

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Thursday Jun 24, 2021 - 2:03 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Carester Collaborate to Build Fully Integrated Rare Earth Supply Capabilities

Energy Fuels (NYSE American: UUUU) (TSX: EFR) is collaborating with Carester SAS, a leading global expert on rare earth separation, in its ongoing commitment to developing its rare earth element (“REE”) business. As part of this effort, the companies are working to conduct a scoping study for the development of a solvent extraction REE separation circuit at Energy Fuels’ White Mesa Mill in Utah. “Energy…

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Wednesday Jun 23, 2021 - 11:03 am

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Featured in NNW Editorial

Uranium Energy Corp. (NYSE American: UEC), a U.S. -based uranium mining and exploration company, is featured in an editorial published by NetworkNewsWire ("NNW"), one of 50+ trusted brands within the InvestorBrandNetwork (“IBN”), a multifaceted financial news and publishing company for private and public entities. The editorial, titled “Time to Capitalize on the Net Zero Emission Initiative,” notes that the International Energy Agency (“IEA”) has shared an actionable…

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Friday Jun 18, 2021 - 9:20 am

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Announces Filing of Platosa Technical Report

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) has announced that it has filed an independent technical report for the Platosa Mine in Durango, Mexico. The report was prepared and compiled following National Instrument 43-101 guidelines and has an effective date of March31, 2021. The Platosa Mine is a high-grade silver mine and is one of three projects Excellon is working. Production at Platosa began…

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Thursday Jun 17, 2021 - 9:49 am

InvestorNewsBreaks – Exro Technologies Inc. (TSX.V: EXRO) (OTCQB: EXROF) Enters Development Agreement with Global Powerhouse in Auto Parts Manufacturing

Exro Technologies (TSX.V: EXRO) (OTCQB: EXROF), a leading clean technology company that has developed a new class of power electronics for electric motors and batteries, today announced a strategic development agreement with Linamar Corporation, a global powerhouse in automobile parts manufacturing, to develop an advanced electric drive solution for electric vehicles. Under the agreement, Linamar and Exro will develop an advanced eAxle utilizing Coil Driver(TM)…

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Wednesday Jun 09, 2021 - 10:04 am

InvestorNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Acquisition of McNeely Lithium Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, has entered into an acquisition agreement with Globex Mining Enterprises Inc. (TSX: GMX) (OTCQX: GLBXF) (FSE: G1MN). The agreement calls for FEMFF to acquire 100% interest into McNeely Lithium Property in Quebec. Located in LaCorne, Landrienne and Figuery Townships, the claims are scattered across several claim blocks and include 66 mining claims covering a total…

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Wednesday Jun 09, 2021 - 9:34 am

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Files Quarterly Report on Form 10-Q

Uranium Energy (NYSE American: UEC), a Corpus Christi, Texas-based uranium mining and exploration company, today announced, in accordance with NYSE American requirements, the filing of its quarterly report on Form 10-Q for the nine months ended April 30, 2021, with the U.S. Securities and Exchange Commission (the "SEC"). According to the update, the Form 10-Q filing, which includes the company's condensed consolidated financial statements, related…

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Tuesday Jun 08, 2021 - 10:21 am

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Announces Details on 2021 Silver City Drilling Program

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) today announced permitting approval for the drill operation plan at the Silver City Project in Saxony, Germany, and provided details outlining the 2021 drilling program. “Our 2020 drilling program confirmed the presence of a major epithermal system, encountered high-grade silver species and delivered high-grade assays, including new discoveries at Grauer Wolf and Reichenbach,” said Ben Pullinger,…

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Wednesday Jun 02, 2021 - 9:16 am

InvestorNewsBreaks – Asia Broadband Inc. (AABB) Announces Upcoming Availability of Two New Trading Methods

Asia Broadband (OTC: AABB),a resource company focused on the production, supply and sale of precious and base metals primarily to Asian markets, is planning on releasing two unique trading methods by September of this year. The two methods — Quick Exchange and Advanced Exchange — will be available in AABB’s proprietary cryptocurrency exchange. Users will be able to use Quick Exchange for the rapid trade…

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Tuesday Jun 01, 2021 - 2:28 pm

InvestorNewsBreaks – Asia Broadband Inc. (AABB) Anticipates High Gold Concentrations, Production from Likely Acquisitions

Asia Broadband (OTC: AABB), a resource company that produces, supplies and sells precious and base metals, recently received mapping and rock sample assay results for the Los Reyes property, located in the prolific region of Mascota in Jalisco, Mexico. “The results from non-targeted rock samples showed great promise for AABB and strongly demonstrated that targeted drilling samples, directed by geophysics data, could have higher gold…

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Tuesday Jun 01, 2021 - 10:54 am

InvestorNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Announces Large Drilled Widths of Lithium-Bearing Zones at Quebec Property

First Energy Metals (CSE: FE) (OTCQB: FEMFF), a publicly traded Canadian mineral exploration company, today announced results of drill hole NC21-16 at its Augustus Lithium Property in Quebec, Canada. According to the update, the drill hole intersected a 19-meter-wide zone with 1.17% lithium oxide (“Li 2 O”) at 126 metres (“m”) drilled depth. In addition, there are anomalous values of other rare metals including average values…

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Friday May 28, 2021 - 11:39 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Results of Election of Directors

Energy Fuels (NYSE American: UUUU) (TSX: EFR), the leading uranium producer in the United States, recently held its annual and special meeting of shareholders. The meeting, which was held on May 26, 2021, was held virtually. At the meeting, the company held its election of directors. Eight individuals were proposed by management for election as directors. Those eight individuals are J. Birks Bovaird, Mark S.…

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Thursday May 27, 2021 - 12:08 pm

InvestorNewsBreaks – First Energy Metals Ltd. (CSE: FE) (OTCQB: FEMFF) Is Focused on Building Diversified Portfolio

First Energy Metals’ (CSE: FE) (OTCQB: FEMFF) primary focus is to develop a multicommodity mineral property portfolio by identifying, acquiring and exploring mineral prospects in North America in the precious, base and industrial metals sectors. The company’s core properties are Augustus Lithium and Titan Gold. “Located in Landrienne & Lacorne-Townships, Quebec, Canada, in an active lithium exploration/mining area, the Augustus Lithium Property and surrounding claims…

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Wednesday May 26, 2021 - 9:31 am

InvestorNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) Commences Drilling at Idaho-Based Oakley Project

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FSE: E4X2) today announced the commencement of a 2,800-metre diamond drilling program at the Oakley Project, Idaho in collaboration with Centerra (U.S.) Inc. According to the update, Centerra has the option to earn up to a 70% interest in the project by, among other things, spending up to US$7 million in exploration expenditures prior to May 2026. Under…

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Tuesday May 25, 2021 - 1:53 pm

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Able to Fully Fund Physical Uranium Initiative

Uranium Energy (NYSE American: UEC), a Texas-based uranium mining and exploration company, was the subject of a recent research report by H.C. Wainwright & Co. (“Wainwright”). The analysts reiterated a buy rating for UEC’s stock, which, as they project, would reach a price target of $5. According to an article reporting the matter, the price projection and the buy rating are “based on a discounted…

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Monday May 24, 2021 - 2:00 pm

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Eyes What May be ‘The Best Resource Opportunity’ at White Mesa Mill

Energy Fuels (NYSE American: UUUU) (TSX: EFR) recently expanded into the rare earth elements (“REE”) market, which is projected to grow at a CAGR of 12.3%, expanding from $5.3 billion in 2021 to $9.6 billion by 2026 (https://ibn.fm/n8eCy). A recent article, which termed the REE market as promising, described UUUU’s efforts in this space. “Energy Fuels is the key U.S. player for raw materials such…

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Tuesday May 18, 2021 - 12:19 pm

InvestorNewsBreaks – Asia Broadband Inc. (AABB) Announces Strong Q1 Results, Poised for Growth in 2021

Asia Broadband (OTC: AABB) today announced the publishing of the company’s first-quarter financial results highlighted by a strong balance sheet with over $100 million in assets. According to the update, AABB is in a highly liquid financial position to self-fund and rapidly advance its gold mining and cryptocurrency sales and exchange business segments. Among the highlights, the update discussed the company’s recent launch of its…

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Monday May 17, 2021 - 12:20 pm

InvestorNewsBreaks – Asia Broadband Inc. (AABB) Furthers Goal for AABBG Gold Token

Asia Broadband (OTC: AABB), a resource company that produces, supplies and sells precious and base metals, has hit several milestones in its push to reach the goal set for its gold-backed cryptocurrency token AABB Gold (“AABBG”) to become a secure and trusted worldwide standard of exchange. Some of the milestones reached include the launch of the token and AABB Wallet, the deployment of the mine-to-token…

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