Mining

Monday May 06, 2024 - 10:02 am

InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Releases Update Report on Reid Drill Results

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company that is advancing the next generation of nickel-sulphide projects, released an update on its 2024 exploration program at its Reid property. The update included assay results from four new holes, which included the best drill result to date from the property. According to the report, six drill rigs are currently operating across Canada Nickel’s exploration portfolio, which…

Monday May 06, 2024 - 9:21 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Reports Financial Results, Operational Highlights for Q1 2024

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements (“REEs”) and vanadium, has released financial results for the quarter ended March 31, 2024. Highlights of the report include recorded net income of more than $3 million; a balance sheet showing more than $220 million of liquidity and no debt; an estimated $20 million-plus of additional liquidity from market value of inventory; uranium…

Thursday May 02, 2024 - 1:22 pm

InvestorNewsBreaks – Western Alaska Minerals (TSX.V: WAM) Closes on C$6.11M Public Follow-On Offering

Western Alaska Minerals (TSX.V: WAM), a mining exploration company with silver projects in Alaska, recently closed a public follow-on offering. The offering comprised 9,403,352 units at $0.65 per unit. Aggregate gross proceeds from the offering, which closed on April 26, 2024, totaled $6,112,178.80. Roth Canada acted as co-lead agent and sole bookrunner for the offering. For more information, visit the company’s website at www.WesternAlaskaMinerals.com. About…

Wednesday May 01, 2024 - 1:03 pm

InvestorNewsBreaks – Uranium Energy Corp. (NYSE American: UEC) Responds to Senate Passing of Bill Banning Russian Uranium Imports

Uranium Energy (NYSE American: UEC), a U.S.-based uranium mining and exploration company, is responding to the passing of a bill by the United States Senate. According to the announcement, HR 1042 is a bill to ban Russian uranium imports to the United States that has been passed unanimously by the senate; the house passed the bill late last year. Sponsors of the bill noted that…

Wednesday May 01, 2024 - 9:40 am

InvestorNewsBreaks – GEMXX Corporation (GEMZ) Names New CEO, Outlines Key Components of Strategic Expansion Plans

GEMXX (OTC: GEMZ), a leading provider of exquisite gemstone jewelry, has appointed a new CEO and is expanding into proven business channels expected to deliver substantial revenue and shareholder value. According to the announcement, GEMXX founder Jay Maull has retired, and Richard Clowater has been named CEO and chair of the board. Throughout his career, Clowater has worked in upstream, midstream and downstream oil and…

Wednesday May 01, 2024 - 9:27 am

InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) CEO Part of Ontario Delegation to North American Critical Minerals Strategy Summit

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), a company that is advancing the next generation of nickel-sulphide projects, recently wrapped up its participation as part of an Ontario government delegation to the 2024 Energy Transition Metals Summit. The summit was held in Washington, D.C. During the summit, Canada Nickel CEO Mark Selby spoke about the importance of a strong Ontario-U.S. trade partnership as Canada and the United States both focus on…

Monday Apr 29, 2024 - 10:49 am

InvestorNewsBreaks – Torr Metals Inc. (TSXV: TMET) Recent Kolos Copper-Gold Project Assay Results Spotlighted in Syndicated Broadcast

Torr Metals (TSX.V: TMET), a mineral exploration company focusing on the identification, acquisition and advancement of mineral properties, is featured in a broadcast via NetworkNewsAudio (“NNA”). NNA is designed to deliver additional visibility, recognition and brand awareness for companies in the investment community; its broadcasts are distributed to thousands of syndication points. According to the announcement, the audio news release covers Torr’s recent report of…

Monday Apr 29, 2024 - 9:15 am

InvestorNewsBreaks – FE Battery Metals Corp. (CSE: FE) (OTC: FEMFF) Closes on First Tranche of Private Placement

FE Battery Metals (CSE: FE) (OTC: FEMFF), a publicly traded Canadian mineral exploration company, announced the closing of the first tranche of FEMFF’s nonbrokered private placement. According to the announcement, gross proceeds from the placement reached up to $1,000,000. Included as part of the closing, FE Battery Metals will issue 1,739,130 common shares at $0.23 per share for gross proceeds of $400,000; the company will…

Wednesday Apr 24, 2024 - 11:20 am

InvestorNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Announces Strategic Agreement and Advisory Board Appointment

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) today announced that on April 23, 2024, it entered into a definitive agreement with Emerald Geological Services (“EGS”) pursuant to which it has been granted an option to acquire an undivided 80% beneficial interest in a property owned by EGS in Nunavut, Canada. In addition, the company announced the appointment of Dr. Elizabeth Turner to its technical advisory board.…

Wednesday Apr 24, 2024 - 10:40 am

InvestorNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Announces Promising Preliminary Results at Kolos

Torr Metals Inc. (TSX.V: TMET) today reported preliminary results that have identified near-surface high priority geophysical resistivity anomalies extending up to >1.5 kilometers (“km”) depth that are coincident with highly anomalous copper (“Cu”), gold (“Au”), and molybdenum (“Mo”) mineralization at-surface. According to the announcement, these compelling exploration drill targets were identified using a newly completed 3D resistivity inversion voxel model, derived from the ZTEM geophysical…

Tuesday Apr 23, 2024 - 1:35 pm

InvestorNewsBreaks – FE Battery Metals Corp. (CSE: FE) (OTCQB: FEMFF) (WKN: A2JC89) Drills 1.05% Li2O over 8.75 Meters at Augustus Lithium Property

FE Battery Metals (CSE: FE) (OTCQB: FEMFF) (WKN: A2JC89) today announced results of drill holes LC23-88 from the 2023 exploratory drill program at its Augustus Lithium Property in Quebec, Canada. According to the announcement, drill hole LC23-88 intersected three spodumene-bearing lithium pegmatites of variable widths and grades, including one intercept of 1.05% lithium oxide (“Li2O”) over 8.75 metres (“m”) at 90.25 m drilled depth. In…

Monday Apr 22, 2024 - 10:43 am

InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Announces Exercise of Mann Property Option

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF), focused on advancing the next generation of nickel- sulphide projects to deliver required feedstock to the high-growth electric vehicle and stainless steel markets, is consolidating its interests in bulk tonnage projects east of Timmins, Ontario. As a result, the company today announced the exercise of its option to acquire an 80% interest in the Mann Nickel Property from Noble…

Monday Apr 22, 2024 - 10:19 am

InvestorNewsBreaks – Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF), G Mining Ventures Announce Combination to Set the Stage for a Leading Intermediate Gold Producer in the Americas

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), together with G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF), today announced entry into a definitive agreement to combine the two companies, setting the stage for the creation of a leading intermediate gold producer (the “transaction”). Through the transaction, GMIN will acquire RGD’s flagship Oko West Project located in Guyana, within the Guiana Shield region, one of the most…

Monday Apr 22, 2024 - 10:09 am

InvestorNewsBreaks — Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF), American West Metals Commence Drilling, Geophysics at Storm Copper Project

Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF), a publicly traded mineral exploration company exploring for high-grade copper and gold deposits in Virginia and Nunavut, Canada, has started high-impact drilling and exploration activities at its Storm Copper Project on Somerset Island, Nunavut. According to the announcement, American West Metals Limited will conducting the activities. American West has earned an undivided 80% interest in the project…

Monday Apr 22, 2024 - 9:20 am

InvestorNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Enters SID Agreement for Base Resources Transformational Acquisition

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S. producer of uranium, rare earth elements (“REEs”) and vanadium has executed a definitive scheme implementation deed (“SID”) with Base Resources Limited. According to the agreement, Energy Fuels has agreed to acquire 100% of the issued shares of Base Resources in consideration for 0.0260 Energy Fuels common shares and A$0.065 in cash; the transaction will be payable by…

Friday Apr 19, 2024 - 3:22 pm

InvestorNewsBreaks – Why Advanced Gold Exploration Inc. (CSE: AUEX) (OTC: AUHIF) (FSE: 4TG) Is ‘One to Watch’

Advanced Gold Exploration (CSE: AUEX) (OTC: AUHIF) (FSE: 4TG), formerly Advance United Holdings Inc., is leveraging an entirely different approach to the mining industry. “[The company] has acquired a portfolio of undervalued gold properties and is increasing their value through the application of modern technology. The object is to eventually monetize the projects to add value for its shareholders… It leaves the actual gold mining…

Thursday Apr 18, 2024 - 12:35 pm

InvestorNewsBreaks – Reunion Gold Corp. (TSX.V: RGD) (OTCQX: RGDFF) Marks Important De-Risking Step Towards Development of Oko West Project

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, South America, announced that it has signed a mineral agreement with the Cooperative Republic of Guyana and the Guyana Geology and Mines Commission. According to the announcement, the agreement provides Reunion Gold and its wholly owned Guyanese subsidiary with stable fiscal and operating conditions during the life of the Oko West…

Wednesday Apr 17, 2024 - 10:28 am

InvestorNewsBreaks – FE Battery Metals Corp. (CSE: FE) (OTCQB: FEMFF) (WKN: A2JC89) Announces Exploration Update on Quebec Lithium Projects, Private Placement

FE Battery Metals (CSE: FE) (OTCQB: FEMFF) (WKN: A2JC89), a leading player in the energy metals sector, has announced the results of its 2023 exploration campaign on its properties in the prospective James Bay region. According to the announcement, the extensive work effort, encompassing prospecting, mapping and sampling, aimed to identify lithium-pegmatite targets for further exploration, a critical step in advancing the company’s lithium exploration…

Wednesday Apr 17, 2024 - 9:23 am

InvestorNewsBreaks — Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) Files NI 43-101 Technical Report for Goiás-Based PCH Ionic Adsorption Clay Project

Appia Rare Earths & Uranium (CSE: API) (OTCQX: APAAF) (FSE: A0I0), a publicly traded Canadian company in the rare earth element and uranium sectors, has filed an independent technical report for its PCH ionic adsorption clay (“IAC”) project located in Goiás, Brazil. The PCH MRE report was prepared in accordance with National Instrument 43-10 (“NI 43-101”). Titled “Technical Report on the Maiden Mineral Resource Estimate for…

Tuesday Apr 16, 2024 - 3:29 pm

InvestorNewsBreaks — McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Inks Definitive Agreement, Plan of Merger with Timberline Resources

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, has entered into a definitive agreement and plan of merger to acquire all issued and outstanding shares of Timberline Resources Corporation (TSX.V: TBR) (OTCQB: TLRS). The merger will be between Timberline and a subsidiary of McEwen and, when completed, will expand McEwen’s existing portfolio of development and…

Tuesday Apr 16, 2024 - 11:31 am

InvestorNewsBreaks – Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) Announces Engagement of Generation IACP

Appia (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) today announced that it has engaged Generation IACP Inc. (“IACP”) to provide services as a market maker in compliance with the policies and guidelines of the Canadian Securities Exchange and other applicable legislation. According to the announcement, IACP will receive a fee of C$7,500 plus applicable taxes per month under the agreement, which is…

Monday Apr 15, 2024 - 11:16 am

InvestorNewsBreaks — Reunion Gold Releases Report on Infill Drilling Program at Guyana-Based Oko West Project

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, is reporting on additional drill results from its infill drill program at the Oko West Project. Highlights of the report include Hole D-375 intersecting 60.4 meters (“m”) @ 1.50 grams per tonne of gold (“g/t”) Au, including 6.0 m @ 7.06 g/t, Hole D-381 intersecting 44.9 m @ 2.28 g/t Au,…

Thursday Apr 11, 2024 - 1:55 pm

InvestorNewsBreaks – Riley Exploration Permian Inc. (NYSE American: REPX) Closes on $65.2M Public Offering

Riley Exploration Permian (NYSE American: REPX), a growth-oriented, independent oil and natural-gas company, has released the pricing of its previously announced underwritten public offering. The offering is comprised of 2,100,000 shares of common stock at $27 per share; the offering includes 700,000 shares offered by the company and 1,400,000 shares being offered by REPX stockholders. In addition, Riley Permian granted the underwriters a 30-day option…

Thursday Apr 11, 2024 - 10:18 am

InvestorNewsBreaks – Canada Nickel Company Inc. (TSX.V: CNC) (OTCQX: CNIKF) Advances Engineering at Crawford Nickel Sulphide Project

Canada Nickel (TSX.V: CNC) (OTCQX: CNIKF) today announced that it has commenced front end engineering design at its Crawford Nickel Sulphide project. The efforts are led by the company’s long-term engineering partner Ausenco Engineering Canada ULC and supported by a number of engineering firms from the project’s feasibility study. “As we continue to successfully advance Crawford financing and permitting activities, we are confidently moving into…

Friday Apr 05, 2024 - 9:15 am

InvestorNewsBreaks — Advanced Gold Exploration (CSE: AUEX) (OTC: AUHIF) (FSE: 4TG) Issues Common Shares to Complete Debt Settlement

Advanced Gold Exploration (CSE: AUEX) (OTC: AUHIF) (FSE: 4TG), a mining company with a different approach, has completed a previously announced debt settlement. According to the announcement, the company has settled $16,650 of debt owed to an arm's length creditor. Advanced Gold settled the debt by issuing to the creditor 602,410 common shares in the capital of the company at $0.05 per common share. The company…

Thursday Apr 04, 2024 - 9:13 am

InvestorNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Spotlighted in Recent Couloir Capital Research Coverage

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF), an exploration company targeting magmatic nickel sulphide discoveries to support the rapidly growing global electric vehicle market, is the subject of a recent Couloir Capital research report. According to the announcement, Couloir Capital updated its research coverage on Fathom Nickel in a new report titled “Exploring for Nickel on Two Properties in Saskatchewan, a Top Mining Jurisdiction in…

Wednesday Apr 03, 2024 - 11:27 am

InvestorNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) to Present in Red Cloud’s Virtual Webinar Series

Fathom Nickel (CSE:FNI) (FSE: 6Q5) (OTCQB: FNICF) today announced that it is presenting a live virtual corporate update hosted by Red Cloud Financial Services at 2:00 p.m. ET on April 9, 2024. The company invites its shareholders and all interested parties to register for the webinar and participate in the live question-and-answer session at the end of the presentation moderated by Red Cloud. According to…

Thursday Mar 28, 2024 - 9:17 am

InvestorNewsBreaks — Advanced Gold Exploration Inc. (CSE: AUEX) (OTC: AUHIF) (FSE: 4TG) Reports on Proposed $16K-Plus Proposed Debt Settlement

Advanced Gold Exploration (CSE: AUEX) (OTC: AUHIF) (FSE: 4TG) has announced a proposed debt settlement of $16,650. The settlement was made with an arm's length creditor of the company. In order to settle the debt, the company issued 602,410 common shares in the capital of the company; the shares were issued for $0.05 per common share. The issued common shares are subject to a four-month hold…

Wednesday Mar 27, 2024 - 9:44 am

InvestorNewsBreaks – Tartisan Nickel Corp. (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA) Partners with Northwest Solutions Inc. for Technical, HR Support

Tartisan Nickel (CSE: TN) (OTCQB: TTSRF) (FSE: 8TA), a Canadian-based company specializing in mineral exploration and development, announced that Ontario-based Northwest Solutions Inc. will be providing technical and human resource support to the company's flagship Kenbridge Nickel Project. TTSRF retained Northwest Solutions, which incorporates forestry, mining and environmental services, as well as training, project management support and communications consulting services. According to the announcement, Northwest…

Tuesday Mar 26, 2024 - 9:30 am

InvestorNewsBreaks — Torr Metals Inc. (TSXV: TMET) Report Final Assay Results from Sampling Program

Torr Metals (TSX.V: TMET), a Vancouver-based mineral exploration company, is releasing the final assay results from the 2023 soil sampling program conducted on its 100% owned Kolos Project, located in British Columbia. According to the announcement, the comprehensive analysis included a total 3,348 soil samples and spanned an extensive area of 48 km2. The program delineated five kilometer-scale mineralized zones within a potential cluster porphyry…

Wednesday Mar 20, 2024 - 2:58 pm

InvestorNewsBreaks – GEMXX Corp. (GEMZ) Laying Foundation for Sustainable Long-Term Growth

GEMXX (OTC: GEMZ), a mining and jewelry-making company, specializes in the mining of ammolite, a rare, opal-like gemstone that is only found on the eastern slopes of the Rocky Mountains in Southern Alberta. Last year, the company expanded into the mining of gold to complement the historical resources that undergird its jewelry production strategy. “On Feb. 13, the company reported product deliveries worth $1,051,374 at…

Friday Mar 15, 2024 - 2:58 pm

InvestorNewsBreaks – GEMXX Corp. (GEMZ) Poised for Opportunity in Burgeoning Indian Market

GEMXX (OTC: GEMZ), a leading mine-to-market company focused on mining and producing jewelry out of gold and ammolite, recently provided a positive outlook covering India’s burgeoning markets for colored gemstones and jewelry. “In the press release, GEMXX highlighted recent industry forecasts, which anticipate that the jewelry market in India will surge by US$21.54 billion between 2023 and 2027, representing an impressive CAGR of 5.54%. This…

Friday Mar 15, 2024 - 12:49 pm

InvestorNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Well Positioned to Capitalize on World’s Ongoing Energy Transition

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF), a Canadian natural resource exploration and development company, is keen on targeting high-grade nickel sulfide developments for use in the rapidly growing electric vehicle market. “Led by a management team boasting over 100 years of combined mining and exploration experience and having raised gross proceeds of approximately C$7.5 million over the past six months to fund its…

Thursday Mar 14, 2024 - 10:50 am

InvestorNewsBreaks – Prospera Energy Inc. (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) Announces 508% Increase in 2023 PDP Reserve Valuation

Prospera (TSX.V: PEI) (OTC: GXRFF) (FRA: OF6B) today announced a 508% increase to its proven developed producing (“PDP”) reserve value of 27MM$, reflecting the success of the company’s 2023 development program. In addition, Prospera’s proven plus probable (“2P”) reserve value increased by over 60MM$ to a total of 133MM$ – largely driven by the undeveloped reserve value increase from 58MM$ to $98MM$. InSite Petroleum Consultants…

Thursday Mar 14, 2024 - 10:19 am

InvestorNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Announces Further Amendments to Iska Iska Payment Schedule

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), a leading exploration and mine development company, has amended the payment schedule for its Iska Iska silver-tin polymetallic project. The amendment was made by mutual agreement with Empresa Minera Villegas S.R.L., title holder of the project, which is located in the Potosi Department in southern Bolivia. This is the second time in the past month that Eloro…

Wednesday Mar 13, 2024 - 3:43 pm

InvestorNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Announces Option to Epworth Property in Nunavut, Canada

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) recently announced that on Feb. 29, 2024, it entered into a binding letter agreement with Emerald Geological Services (“EGS”) under which it has been granted an option to acquire an undivided 80% beneficial interest in a property owned by EGS in Nunavut, Canada. “We are very excited to option the Epworth Property,” said Thomas Ullrich, CEO of Aston Bay.…

Tuesday Mar 12, 2024 - 1:41 pm

InvestorNewsBreaks – Reunion Gold Corporation (TSX.V: RGD) (OTCQX: RGDFF) Moves Forward on Oko West Project with EPA Approval of Terms of Scope

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, has announce that the Environmental Protection Agency (“EPA”) of the government of Guyana has finalized and approved the Terms of Scope (“ToS”) for the Environmental and Social Impact Assessment (“ESIA”) on the Oko West Project in Guyana’s Region 7. According to the announcement, the company applied for the environmental permit in…

Monday Mar 11, 2024 - 12:49 pm

InvestorNewsBreaks – Battery Mineral Resources Corp. (TSX.V: BMR) (OTCQB: BTRMF) Enters Credit Agreement, Releases Other Key Announcements

Battery Mineral Resources (TSX.V: BMR) (OTCQB: BTRMF), a battery minerals company providing shareholders exposure to the global megatrend of electrification, and its wholly owned subsidiary, ESI Energy Services Inc. (“ESI”) has entered into a C$8 million credit agreement. The agreement is with Fiera Enhanced Private Debt Fund. According to the announcement, ESI has drawn the first advance of C$5 million under the credit agreement with…

Friday Mar 08, 2024 - 1:42 pm

InvestorNewsBreaks – Why Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Is ‘One to Watch’

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) is a Canadian minerals exploration company focused on exploring high-grade copper and gold deposits in North America. “The company owns the Storm Copper Project and the Seal Zinc Deposit in Nunavut, Canada, and is currently exploring the Buckingham Gold Vein and critical metals prospects in central Virginia. Aston Bay is also in the advanced stages of negotiation on other…

Thursday Mar 07, 2024 - 3:09 pm

InvestorNewsBreaks – GEMXX Corp.’s (GEMZ) Commitment to Quality, Craftmanship and Market Adaptability Expected to Drive Strong Results

GEMXX (OTC: GEMZ), a mine-to-market gold, gemstone and jewelry producer with global reach, recently announced that it is anticipating strong growth over the next 24 months, founding this forecast on the sustained upward trajectory in gold prices and the burgeoning demand for ammolite jewelry. “In the press release announcing the forecast of robust growth, GEMXX describes its entry into gold mining as ‘a new and…

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