News Archives - Page 8 of 70

TuesdayOct 22, 2024 9:30 am

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Secures Initial C$1.38 Million in Funding for Storm Copper Project Joint Venture

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) has received an initial US$1 million (C$1.38M) as part of a $12.5 million funding agreement with American West Metals and Taurus Mining Royalty Fund. The funding will support the exploration and development of the Storm Copper Project in Nunavut, with future payments contingent on project milestones, including the completion of a prefeasibility study and resource upgrades. Aston Bay holds a 20% interest in the project and will use its share of the funds to advance other exploration activities. To view the full press release, visit https://ibn.fm/v6Z58 About Aston Bay Holdings Ltd. Aston Bay is…

ThursdayOct 17, 2024 11:06 am

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Reports High-Grade Copper Results from Storm Copper Project Drilling

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) provided an update on drilling activities at the Storm Copper Project on Somerset Island, Nunavut, operated by joint venture partner American West Metals Limited. The latest drilling results from the Chinook Deposit confirmed thick, high-grade copper mineralization near the surface, supporting potential for open-pit mining. Additionally, drilling at the Cyclone Deposit identified significant copper mineralization both within and outside the previously interpreted zones. The exploration program aims to establish a maiden resource estimate and further expand the project’s mineral potential through additional drilling and geophysical surveys. To view the full press release, visit…

ThursdayOct 17, 2024 9:00 am

MiningNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) and PyroDelta Energy Boost Thermoelectric Generator Power by Ten-Fold

First Tellurium (CSE: FTEL) (OTCQB: FSTTF) and its subsidiary PyroDelta Energy have announced a significant advancement in their tellurium-based thermoelectric generator, increasing its power output from 20 watts to 200 watts while maintaining minimal changes in size and weight. The generator, which runs on small butane or propane canisters, is designed for emergency and recreational use, capable of powering devices like cell phones, LED lights, and laptops for several hours. PyroDelta plans to develop larger versions to power multiple appliances and adapt the device for longer fuel options. The upgraded generator will be showcased at the Top Shelf Partners Commodities Global…

WednesdayOct 16, 2024 10:36 am

MiningNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Mobilizes for Large-Scale Exploration at Filion Gold Project Along Trans-Canada Highway 11

Torr Metals (TSX.V: TMET) Torr Metals Inc. (TSX-V: TMET.V) has commenced a large-scale surface exploration program at its 100%-owned Filion Gold Project in northern Ontario. The 2024 program will expand on previous soil sampling efforts, covering untested historical geophysical conductors and gold occurrences, with the goal of uncovering significant new gold deposits. Utilizing advanced LiDAR technology, the company discovered 17 unreported trenches and 18 new rock outcrops, enhancing the project's exploration potential. With exploration permits in place, Torr Metals is poised to begin drilling high-priority targets, aiming for a major grassroots gold discovery along the 42 km structural corridor.…

ThursdayOct 10, 2024 12:51 pm

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Executive to Participate at Red Cloud’s 2024 Fall Mining Event

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, will be participating at the upcoming Red Cloud Fall Mining Showcase. The in-person event is scheduled for Oct. 16–17, 2024, in Toronto. According to the company, Fathom Nickel’s CEO and VP of exploration Ian Fraser will be presenting during the annual conference; Fraser’s presentation is scheduled to begin at 10 a.m. EST on Oct. 17. To register or learn more about the event, visit https://ibn.fm/SPKEZ To view the full press release, visit https://ibn.fm/oHwRk About Fathom Nickel…

ThursdayOct 10, 2024 12:34 pm

MiningNewsBreaks – Dynasty Gold Corp. (TSX.V: DYG) (FSE: D5G1) (OTC: DGDCF) Shares Results from 2024 Annual General Meeting, Progress on Thundercloud Project

Dynasty Gold (TSX.V: DYG) (FSE: D5G1) (OTC: DGDCF), a Canadian mineral exploration company, today announced results from its 2024 annual general meeting held on October 4, 2024. The company reported that all resolutions were approved and that Ivy Chong, Roman Shklanka, Larry Kornze, and Richard Redfern were elected directors until the next annual general meeting. The company also provided an update on the drilling progress at its Thundercloud Project, capturing the results from the three drilling campaigns conducted between 2022 and 2024. “This project looks very promising of becoming a mine, given these grades and shallow intercepts,” said Roman Shklanka,…

ThursdayOct 10, 2024 12:02 pm

MiningNewsBreaks – Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) Reports Filing of Independent DFS Update Technical Report

Platinum Group Metals (TSX: PTM) (NYSE American: PLG), operator of the Waterberg Project, a bulk underground platinum group metals (“PGM”) deposit located on the northern limb of the Bushveld Complex in South Africa, has filed a Definitive Feasibility Study (“DFS”) technical report on its Waterberg Project, in compliance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”). The study is associated with the Independent Definitive Feasibility Study, which it filed last month. Titled "Waterberg Definitive Feasibility Study Update, Bushveld Igneous Complex, Republic of South Africa," the report was prepared by a team of specialists and supports the…

WednesdayOct 09, 2024 10:45 am

MiningNewsBreaks – First Tellurium Corp. (CSE: FTEL) (OTC: FSTTF) Shares Additional Information on the PyroDelta Thermoelectric Generator, Relationship with Subsidiary

First Tellurium (CSE: FTEL) (OTC: FSTTF) today provided additional information to help answer inquiries related to materials involved in building the PyroDelta thermoelectric generators. According to the company, tellurium is the most important component and the chief catalyst of the generator’s effectiveness, as it provides one of the highest thermoelectric effects. The generator also uses other critical metals in its composition. The company noted that the tellurium-based generator is a strategic fit for its long-term growth. The additional information also covered PyroDelta Energy’s relationship with the company. Led by inventor Michael Abdelmaseh, PyroDelta Energy is a majority-owned, U.S.-based subsidiary of…

MondayOct 07, 2024 11:42 am

MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Discusses Completed Acquisition of Base Resources During Conference Call

Energy Fuels (NYSE American: UUUU) (TSX: EFR), an industry leader in the U.S. production of uranium and rare earth elements (“REE”) hosted a conference call this morning. The call began at 9 a.m. ET and focused on the company’s recently completed acquisition of Base Resources Limited. Mark Chalmers, Energy Fuels president and CEO, was joined by Tim Carstens, managing director of Base Resources, on the call, which included time for questions and answers. A replay of the call is available until Oct. 14, 2024, by dialing 1-289-819-1450 in Toronto or 1-888-660-6345 (toll free in North America), then use entry code 95890#.…

MondayOct 07, 2024 10:47 am

MiningNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) Announces Commencement of VC Program

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62), a company focused on oil and natural-gas production for Europe and Türkiye, is gearing up SASB gas field operations with the installation of Velocity Strings (“VS”). According to the announcement, the company and its partner at SASB reached an agreement on Sept. 30, 2024, regarding the technical aspects of the program. Consequently, Trillion Energy was assigned operatorship for the conduct of this program and signed a service agreement with a snubbing provider to install the velocity strings. “Initially it was assumed that the VS could only be run in using a drilling…

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