News Archives - Page 14 of 70

WednesdayJul 10, 2024 3:45 pm

MiningNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Featured in Syndicated Broadcast

Torr Metals Inc. (TSX.V: TMET), a Canada-based company focused on advancing promising early-stage district-scale mineral properties, today announced that it was featured in a broadcast via NetworkNewsAudio (“NNA”), a solution that delivers additional visibility, recognition and brand awareness in the investment community via distribution to thousands of syndication points. The audio release covers news of the Ontario government’s granting of a three-year exploration permit to Torr Metals, allowing the company to drill on its wholly owned Filion Gold Project. “The granting of this exploration permit opens up a tremendous opportunity for Torr to build on our promising work from late…

WednesdayJul 10, 2024 11:33 am

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Reports on Drilling Status, Results at Canada-Based 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, along with its joint venture partner American West Metals Limited, is releasing an update on drilling and exploration activities at its Storm Copper Project on Somerset Island, Nunavut. According to the update, 30 reverse circulation (“RC “) drill holes have been completed with diamond drilling now also underway; the drilling program is increasing with more than 4,450 meters now completed. The company noted that recent drilling has targeted expansion at the Cyclone and Chinook…

WednesdayJul 10, 2024 9:42 am

MiningNewsBreaks – Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF) Reports on Voting Results from Recent Annual General Meeting

Reunion Gold (TSX.V: RGD) (OTCQX: RGDFF), a leading gold explorer in the Guiana Shield, has released voting results from its annual general and special meeting of the holders of common shares, the holders of options to purchase shares and shareholders. The meeting was held July 9, 2024. According to the report, those in attendance voted in favor of a proposed special resolution to approve the previously announced transaction between G Mining Ventures Corp. (TSX.V: GMIN), Greenheart Gold Inc. (Spinco) and Reunion Gold. The transaction calls for a newly incorporated entity to acquire all issued and outstanding shares of both GMIN…

TuesdayJul 09, 2024 3:44 pm

MiningNewsBreaks – Panther Minerals Inc. (CSE: PURR) (OTC: GLIOF) Featured in Article Covering the Role of Nuclear Power in AI Datacenter Growth

Financial Gambits recently published an article that discusses the increasing energy demands of artificial intelligence (“AI”) workloads and the potential role of nuclear power in meeting these demands. Tech giants Alphabet (which owns Google), Amazon, and Microsoft have invested $40 billion in data centers from January to March (https://ibn.fm/BgGck) to handle AI workloads, highlighting the significant energy consumption of tools like ChatGPT. AI's energy needs are substantial, with a ChatGPT query consuming 10 times more energy than a Google search and having over 180 million users generating over 1.6 billion site visits monthly. As a result, data centers are projected…

WednesdayJul 03, 2024 9:59 am

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Holds Annual Meeting of Shareholders, Reports on Voting Results

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is announcing the results from voting during its Annual Meeting of Shareholders; the meeting was held on June 27, 2024. According to the announcement, a total of 26,845,690 shares were voted, which represented an estimated 54.33% of the 49,408,775 outstanding shares entitled to vote. Multiple items were voted on and approved. Shareholders elected nine directors, including Robert McEwen, Allen Ambrose, Ian Ball, Richard Brissenden, Nicolas Darveau-Garneau, Robin Dunbar, Michelle Makori, Merri Sanchez and William Shaver. In addition, the company’s 2024 Equity…

WednesdayJul 03, 2024 9:58 am

MiningNewsBreaks – Torr Metals Inc. (TSXV: TMET) Receives Exploration Permit to Drill on Filion Gold Project

Torr Metals (TSX.V: TMET), a mineral exploration company focusing on the identification, acquisition and advancement of mineral properties, has received a three-year exploration permit from the Ontario government. According to the announcement, the permit allows the company to drill on its 100% owned 261-kilometer Filion Gold Project. The project was acquired through staking on Oct. 26, 2023, and has undergone testing that showed historical results, including rock grab samples that assayed 9.1 g/t gold and channel sampling that reportedly yielded 91.4 g/t gold over 0.3 meters. The property, which is located about 30 kilometers from Kapuskasing, has direct road access…

ThursdayJun 27, 2024 1:11 pm

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Provides Proposed Summer 2024 Exploration Program at Epworth Project

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF), a mineral exploration company exploring for high-grade critical and precious metal deposits in Nunavut, Canada, and Virginia, USA, today announced the proposed summer 2024 exploration program at its Epworth sediment hosted copper-silver-zinc-cobalt project located 80 km southeast of Kugluktuk in Nunavut, Canada. Key highlights included >2 million in flow-through funds to be used this season, with additional funding also in place; 5000 line-km airborne electromagnetic and magnetic survey planned to identify copper exploration targets and delineate regional and property-scale structures; and geological and structural mapping, prospecting, rock and lake sediment sampling directed by…

WednesdayJun 26, 2024 10:43 am

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Stakes New Ground Southwest of Albert Lake Property

Fathom Nickel (CSE:FNI) (FSE: 6Q5) (OTCQB: FNICF) today announced the addition of the Friesen Lake property to its growing portfolio. The property encompasses three mineral dispositions acquired by staking directly through the Government of Saskatchewan’s MARS portal. “In light of recent activity in the Albert Lake property area, we made the decision to stake three claims to cover the Friesen Lake Ni-Cu-Pt showing and acquire land that puts us adjacent to the Toppings Lake Cu-Ni showing,” said Ian Fraser, CEO and VP Exploration. “Both showings are ultramafic-mafic hosted and have the potential to host significant magmatic nickel sulphide-styles of mineralization.…

TuesdayJun 25, 2024 12:54 pm

MiningNewsBreaks – GEMXX Corp. (GEMZ) Announces Strategic Board Appointment

GEMXX (OTC: GEMZ) today announced that Ali S. Abood has joined the board of its primary investment target, Latin Energy Partners. According to the announcement, the addition to the board aligns with GEMXX’s commitment to strengthen its investment portfolio and expand its influence in the global energy sector. Abood brings a wealth of experience in international business, finance and consultancy, with a particular focus on the Middle East and Africa. “We are thrilled to announce Ali S. Abood has joined the board of Latin Energy Partners,” said Richard Clowater, CEO of GEMXX Corporation. “His extensive experience and proven track…

TuesdayJun 25, 2024 10:35 am

MiningNewsBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Reports on $70M Private Placement, Funds to Support Los Azules Copper Project

McEwen Mining (NYSE: MUX) (TSX: MUX), a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina, is reporting on a nonbrokered private placement financing. According to the announcement, the private placement is comprised of up to 2,333,333 common shares of its wholly owned subsidiary McEwen Copper Inc. The shares were offered at a subscription price of $30 per common share, resulting in gross proceeds of up to $70 million for the company; McEwen Copper currently has 30,937,615 common shares outstanding. McEwen anticipates using funds from the placement to advance work on a bankable feasibility study for the Los Azules copper project, which is…

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