ThursdayNov 07, 2024 1:16 pm

MiningNewsBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Moving to Benefit from Increased Demand for PGMs

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) is poised to benefit from the automotive industry’s shift toward hybrid and electric vehicles (“EVs”). “A surge in sales of hybrid cars as electric vehicle take-up slows is set to provide an unexpected boost to demand for platinum group metals (‘PGMs’) in the coming years, similar to the extended lifespan now predicted for coal,” reads a recent article that contains excerpts from a Reuters report. “Platinum Group Metals, an up-and-coming player in the PGM space, is well positioned to capitalize on this trend. The company is engaged in the development of…

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ThursdayOct 31, 2024 3:31 pm

MiningNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Working to Establish Next Major Gold Exploration Frontier in Northern Ontario

Torr Metals’ (TSX.V: TMET) drill-permitted Filion Gold Project shares remarkable geological similarities with the prolific Hemlo gold camp to the south. “Situated in Northern Ontario’s Wawa Terrane, Filion provides a highly promising environment for discovery, featuring large-scale shear zones and structural controls akin to those that contributed to Hemlo’s impressive 21-million-ounce yield*. In its maiden 2023 exploration, Torr identified six undrilled parallel gold soil anomalies across a 2.5-kilometer-wide corridor, with strike lengths extending up to 1,200 meters,” reads a recent article. “With the majority of the area’s structural and stratigraphic contacts—favorable for concentrating precious metal deposits—yet to be tested, Torr…

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TuesdayOct 29, 2024 2:04 pm

MiningNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Focused on Increasing Production Capacity to Meet Rising Demand

Trillion Energy (CSE: TCF) (OTCQB: TRLEF), a Canadian oil and gas exploration and production company, is playing a pivotal role in meeting the rising demand for natural gas in Europe and Türkiye. “Trillion Energy International has emerged as a significant player in the natural gas sector. The company has been actively involved in natural gas production in Türkiye, where it operates the South Akçakoca Sub-Basin (‘SASB’) gas project. This project is strategically important for Türkiye’s energy goals because it aims to increase domestic natural gas production and reduce reliance on imported energy,” a recent article reads. “A recent update on…

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FridayOct 25, 2024 3:06 pm

MiningNewsBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Eyes Prospective Horizon at Storm Copper Project

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) recently released an update regarding its Storm Copper Project’s 2024 drilling exploration program. The program focused on expansion at the Cyclone and Chinook Prospects and delineation drilling at the Lightning Ridge discovery and Thunder Prospect. “The first deep drill hole of the year adds another success to the 2024 exploration program at Storm,” said Aston Bay CEO Thomas Ullrich. “The style of copper mineralization intercepted and its stratigraphic location is similar to Cyclone — this may be the fault-offset southern portion of the deposit and could add to a potential future resource. “In addition…

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WednesdayOct 23, 2024 3:17 pm

MiningNewsBreaks – Torr Metals Inc. (TSX.V: TMET) Strategically Focusing on Exploration to Unlock Valuable Resources

Torr Metals Inc. (TSX.V: TMET), a mineral exploration company, is focusing on the advancement of three organically grown and 100% owned district-scale copper and gold projects in prolific mining regions of British Columbia and Ontario, Canada. “Torr Metals is making significant new waves in the copper and gold exploration sector by strategically advancing its early-stage district-scale projects from the ground up. The company has successfully identified high-potential underexplored districts in prolific Canadian jurisdictions, starting from initial exploration stages with geophysical and surface geochemical surveys in 2023 to produce four copper porphyry and six orogenic gold drill-ready exploration targets in under…

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WednesdayOct 23, 2024 3:03 pm

MiningNewsBreaks – Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) Is Well on Its Way to Becoming Significant Contributor to Canada’s Mining Industry

Renforth Resources (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR), an emerging player in the gold and battery-mineral spaces, is strategically positioned to capitalize on growing demand. “The rise in electric-vehicle production and renewable-energy technologies has led to an increased focus on battery minerals, such as nickel, copper and cobalt, while gold remains a key asset in times of economic uncertainty,” a recent article reads. “Renforth’s flagship Parbec Gold Project is located in the world-renowned gold-mining region of Malartic. This project holds a significant indicated near-surface gold resource, accompanied by additional inferred ounces… In addition to gold, Renforth Resources is exploring opportunities…

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WednesdayOct 23, 2024 2:26 pm

MiningNewsBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Positioned as Key Player in North America’s Nickel Supply

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF), an exploration company focusing on magmatic nickel-copper-cobalt sulphide discoveries, is actively supporting the development of critical mineral supplies for North America through its portfolio of three high-quality exploration projects in Saskatchewan. “The Albert Lake Project spans over 90,000 hectares and is notable for its historic Rottenstone Mine, which produced 28,724 tons of nickel at 3.3% Ni from 1965 to 1969. The Gochager Lake Project covers more than 22,000 hectares and hosts a historic, non-compliant open-pit resource of 4.3 million tons at 0.295% Ni and 0.081% Cu. The Friesen Lake Project, situated 40…

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TuesdayOct 22, 2024 2:57 pm

MiningNewsBreaks – Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) Positioning as Key Player in Gold Exploration Space

Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) is positioned to benefit from increasing investor interest in gold, “given its noteworthy unusually high grade and thickness historical resource in one of the most prolific and productive gold mining camps in the world,” according to a recent article. The advanced stage gold exploration company is focused on proving and developing the substantial resource potential of its flagship Duquesne West Gold Project located in the Tier 1 district of the Southern Abitibi Greenstone belt of Rouyn-Noranda, Quebec. “In the heart of a district surrounded by 15 gold producing mines, the Duquesne West…

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MondayOct 21, 2024 3:22 pm

MiningNewsBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Executing Strategic Plan to Become Key Energy Producer in Europe

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) is developing the South Akçakoca Sub-Basin (“SASB”) Project, located in the Black Sea, as well as three additional upcoming programs. “Following the global pandemic and Russia’s invasion of Ukraine, Europe was plunged into an energy crisis. While the urgency of the situation has been somewhat alleviated, the energy situation in the area is still precarious, and Trillion Energy, a company focused on oil and natural gas production for Europe and Türkiye, has a strategic four-program plan in place to become a key energy producer for the area,” a recent article reads. The article notes…

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MondayOct 21, 2024 1:43 pm

MiningNewsBreaks – Platinum Group Metals Ltd.’s (NYSE American: PLG) (TSX: PTM) Lion Battery Accelerating Development of Next-Gen Technology

Platinum Group Metals (NYSE American: PLG) (TSX: PTM), through its subsidiary Lion Battery, is working to strengthen its foothold in the lithium-sulfur space. With new technologies being researched and developed to rival lithium-ion batteries in terms of efficiency, cost and sustainability, lithium-sulfur batteries could offer advantages. “Lion Battery was jointly formed in 2019 by Platinum Group and Anglo American Platinum to accelerate the development of next-generation battery technology using platinum and palladium. Since inception, the Lion team has focused on the development of proprietary lithium-sulfur technology and enhancing the performance of existing commercial lithium-ion chemistries. Lion has a sponsored research…

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