News Archives - Page 13 of 70

WednesdayJul 24, 2024 2:12 pm

MiningNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Provides Update on SASB Gas Field

Trillion Energy (CSE: TCF) (OTCQB: TRLEF), a company focused on oil and natural gas production for Europe and Türkiye with natural gas assets in Türkiye, today provided an update on the flow rates and well perforations at the SASB gas field. According to the update, the well head pressure (“WHP”) at South Akcakoca-2 has stabilized at 371 psi, with the well recently producing 1.94 MMcf/d using 42/64” choke, while Guluc-2 is currently producing at 3.35 MMcf/d with a WHP of 484 psi using a 32/64” choke. At West Akcakoca-1, where only two of the five zones have been perforated, the…

WednesdayJul 24, 2024 11:42 am

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF), American West Metals Release Update for Storm Project Drilling, Exploration

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, along with its joint venture partner American West Metals Limited, is reporting on the status of drilling and exploration activities currently underway at the Storm Copper Project. The project is located on Somerset Island, Nunavut, and is being conducted by American West Metals Limited, which has formed a 20/80 unincorporated joint venture with Aston Bay on the project. Highlights of the update indicate that the excellent productivity for the 2024 summer drilling program is…

ThursdayJul 18, 2024 10:29 am

MiningNewsBreaks – Fathom Nickel Inc.’s (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) New, High-Quality Data Continues to Demonstrate Presence of Significant Magmatic Ni-Cu-Co Deposit at Gochager

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF), focused on the exploration for nickel, cobalt and copper in north-central Saskatchewan, has provided the preliminary results from the field exploration program at its 22,000+ ha Gochager Lake Property. The program comprised mapping, prospecting, detailed soil geochemistry analysis and detailed in-field core analysis. Key highlights include the existence of good outcrop exposure within the mapped area, providing the opportunity to collect 50 outcrop samples for whole rock and geochemical analysis and 554 chip samples for pXRF scanning; mineralization of up to 20,647ppm Ni (2.06% Ni), 6,922ppm Cu and 1,295ppm Co, which was noted…

TuesdayJul 16, 2024 3:40 pm

MiningNewsBreaks – Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) Reports on Plans to Explore Eastern Extent at Duquesne West Gold Project

Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH), an advanced-stage, gold-exploration company focused on proving and developing the substantial resource potential of its flagship Duquesne West Gold Project, announced that it is exploring the eastern portion of the project. According to the announcement, that exploration includes a “conceptual open pit model toward the Nip Zone, focusing on untested potentially high-grade gold targets after completing 30% (2,500 meters) of the ongoing 8,000-meter drill program at the Duquesne West Gold Project.” The company reported robust thickness of high-grade gold intercepts at the Nip Zone, making the area a top priority for exploration. Noting that…

TuesdayJul 16, 2024 1:59 pm

MiningNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Issues Update on SASB Program

Trillion Energy (CSE: TCF) (OTCQB: TRLEF), a company focused on oil and natural gas production for Europe and Türkiye with natural gas assets in Türkiye, today provided an operational update for the SASB gas field well intervention program. “The fantastic response of South Akcakoca-2 once the water was lift off the perforations indicates that the reservoirs will produce the gas they contain once the water loading is removed,” said Arthur Halleran, CEO of Trillion. “The wells are going to be perforated and monitored during clean up to evaluate the reservoirs response. The next phase of this project is to install…

MondayJul 15, 2024 12:16 pm

MiningNewsBreaks – Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) Announces Completion of Business Combination with G Mining Ventures

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, has completed its business combination with G Mining Ventures Corp. (TSX: GMIN) (OTCQX: GMINF). The business combination was completed through a court-approved plan of arrangement under the Canada Business Corporations Act after GMIN shareholders and Reunion Gold securityholders approved the plan; the Ontario Superior Court of Justice also approved the transaction. According to the announcement, a newly incorporated successor issuer will hold and manage the combined business of GMIN and Reunion Gold and has acquired all of the issued and outstanding common shares in the capital of…

MondayJul 15, 2024 11:02 am

MiningNewsBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Collaborates with Chamber of Commerce to Unveil Documentary

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM), a leading exploration and mine development company, has released a documentary film. The company partnered with the Canadian Bolivian Chamber of Commerce to create the film, a short documentary titled “Viva Tupiza! Viva Bolivia!” The film was made in Bolivia in the Tupiza area where Eloro’s Iska Iska silver-tin polymetallic project is located. A silver-tin polymetallic project, Iska Iska is a road-accessible, royalty-free property located 48 kilometers from Tupiza in the Sud Chichas Province of the Department of Potosi in southern Bolivia. Eloro has an option to earn a 100% interest in…

FridayJul 12, 2024 2:09 pm

MiningNewsBreaks – Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) Receives Final Court Approval for New GMIN Plan of Arrangement

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, has received the final order from the Ontario Superior Court of Justice (Commercial List) approving the company’s previously announced plan of arrangement. According to the announcement, the company has formed a new entity and been incorporated; the new company will hold and manage the combined business of Reunion Gold and G Mining Ventures Corp. The transaction involves the new company acquiring all of the issued and outstanding common shares in the capital of Reunion Gold and all of the issued and outstanding common shares in the…

FridayJul 12, 2024 1:50 pm

MiningNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) Upsizes, Closes Nonbrokered Private Placement

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62), a company focused on oil and natural-gas production for Europe and Türkiye, has upsized the nonbrokered private placement it announced previously. According to the company, the private placement will comprise up to 30 million units at a price of $0.09 per unit; the placement could result in an estimated $2.7 million in gross proceeds. In addition, Trillion Energy noted that it has closed the remaining tranches of the offering. “Each unit is comprised of one common share of the company and one share purchase warrant, with each warrant exercisable at a price…

ThursdayJul 11, 2024 11:17 am

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Releases Core Review Report on ‘Blue Sky’ Potential at Mal Lake

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 reporting results of its recently completed core review of the historic Mal Lake Nickel occurrence. According to the announcement, the historic Mal Lake drill core is available through the Saskatchewan Ministry of Energy and Resources' Precambrian Geological Laboratory in La Ronge, Saskatchewan, and the Mal Lake nickel occurrence falls within the company's Gochager Lake Property. Calling the results a “significant development,” company officials noted the tremendous exploration potential at Mal Lake, which is a drill…

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