Magnetism

Greenridge Exploration Provides Technical Review of its Nut Lake Uranium Project in Thelon Basin, Nunavut

Retrieved on: 
Thursday, April 4, 2024

VANCOUVER, British Columbia, April 04, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3), is pleased to announce it has undertaken a detailed technical review of the Nut Lake Uranium Project (the “Nut Lake Property” or the “Project”) located in the Thelon Basin in Nunavut.

Key Points: 
  • VANCOUVER, British Columbia, April 04, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3), is pleased to announce it has undertaken a detailed technical review of the Nut Lake Uranium Project (the “Nut Lake Property” or the “Project”) located in the Thelon Basin in Nunavut.
  • The Project covers approximately 4,036 hectares near the Northern Tip of the Yathkyed Basin, a sub-basin of the Thelon Basin (Please see Figure 1).
  • Russell Starr, Chief Executive Officer of the Company, commented, “We continue to unveil more exciting geological information at the Nut Lake Uranium Project.
  • The Thelon Basin and sub basins are extremely underexplored compared to the world renowned Athabasca Basin just to the south.

Calibre’s Valentine Gold Mine Property-Wide Exploration Program Underway With Initial Drill Program Southwest of the Leprechaun Deposit Following Recent Discovery Drilling Including 46 g/t Gold Over 5.3 Metres

Retrieved on: 
Wednesday, April 3, 2024

Our initial exploration focuses on prioritizing new regional target identification along with resource expansion in previously drilled areas.

Key Points: 
  • Our initial exploration focuses on prioritizing new regional target identification along with resource expansion in previously drilled areas.
  • Below the Marathon, Berry and Leprechaun pits the gold system remains open for expansion and we see excellent potential for additional high-grade gold mineralization as supported by drill results including 150.27 g/t Au over 4.3 metres.
  • This mineralization is trending southwest along the VLSZ toward Frank ( Calibre Reports Positive Drill Results February 6, 2024 news release ).
  • (NL), Calibre Mining’s Vice President, Geology and Exploration for Canada, and a "Qualified Person" under National Instrument 43-101.

Drilling Underway at Red Mountain Project

Retrieved on: 
Wednesday, March 27, 2024

Systematic diamond drilling program designed to test five high-priority targets, following up on more recent trenching and previous drilling; compelling results from the latter are highlighted, below:

Key Points: 
  • Systematic diamond drilling program designed to test five high-priority targets, following up on more recent trenching and previous drilling; compelling results from the latter are highlighted, below:
    First results from the drilling program are anticipated late April.
  • Red Mountain offers a rare opportunity to access a large, under-explored mineral district.
  • We are conducting a systematic exploration program, including diamond drilling, that we expect will provide a new perspective on the mineral potential of the Red Mountain district.
  • Figure 3: Exploration drilling has commenced at Red Mountain.

Master Magnetics Announces Acquisition by Factor89 Group

Retrieved on: 
Tuesday, April 9, 2024

Master Magnetics Inc., a US-based manufacturer and distributor of magnetics, is honored to announce its acquisition by Factor89 Group, a specialized private equity firm with a history of successful investments in the manufacturing and distribution industry.

Key Points: 
  • Master Magnetics Inc., a US-based manufacturer and distributor of magnetics, is honored to announce its acquisition by Factor89 Group, a specialized private equity firm with a history of successful investments in the manufacturing and distribution industry.
  • “For 48 years, Master Magnetics has committed to delivering exceptional products and has built a strong customer base.
  • Master Magnetics will continue to operate from its headquarters in Castle Rock, CO, with Brown continuing in her role.
  • “We are thrilled to be a part of Master Magnetics.

e-VAC Magnetics Receives Historic $111.9 Million Qualifying Advanced Energy Project Tax Credit for Construction of First U.S. Manufacturing Facility in South Carolina

Retrieved on: 
Tuesday, April 9, 2024

SUMTER, S.C., April 9, 2024 /PRNewswire/ -- e-VAC Magnetics ("e-VAC" or the "Company"), a leading manufacturer of rare earth permanent magnets in the Western Hemisphere, today announced that it has been awarded a $111.9 million Qualifying Advanced Energy Project Tax Credit ("Section 48c") to advance the construction of its first U.S. manufacturing facility in Sumter, South Carolina. The facility was one of more than 100 projects to receive an award under the Section 48c program, which is designed to help accelerate domestic clean energy manufacturing and reduce greenhouse gas emissions at industrial facilities.

Key Points: 
  • e-VAC, which is part of Vacuumschmelze ("VAC Group" or "VAC"), produces rare earth neodymium-iron-boron (NdFeB) magnets, which are critical to automotive, defense, industrial and renewable energy applications.
  • The Company broke ground on the state-of-the-art facility in March, and expects to complete the facility in late fall 2025.
  • "e-VAC is proud to invest in America's 21st century supply chain and to advance clean energy manufacturing efforts," said VAC Group Chief Executive Officer Dr. Erik Eschen.
  • "This award demonstrates the importance of high-quality, high-performance magnetic materials, which are key enablers to electrification and energy efficiency across a range of industries.

Abracon Releases New Stamped Metal Embedded Niche Antennas Up to 8736 MHz

Retrieved on: 
Monday, April 8, 2024

These antennas merge Abracon's innovative Niche technology with the proven performance and reliability of traditional stamped metal antennas, offering unparalleled benefits and features for a wide range of applications.

Key Points: 
  • These antennas merge Abracon's innovative Niche technology with the proven performance and reliability of traditional stamped metal antennas, offering unparalleled benefits and features for a wide range of applications.
  • The new stamped metal niche antennas from Abracon revolutionize design possibilities by allowing components to be placed underneath the antenna on the PCB, enhancing design flexibility.
  • Other notable features of Abracon's Stamped Metal Niche Antennas include high efficiency, suitability for potted antenna applications, competitive cost advantage, and design flexibility.
  • "With the next generation of stamped metal antennas, we have pushed the barrier for cost and size to another level.

Abracon Releases New Stamped Metal Embedded Niche Antennas Up to 8736 MHz

Retrieved on: 
Monday, April 8, 2024

These antennas merge Abracon's innovative Niche technology with the proven performance and reliability of traditional stamped metal antennas, offering unparalleled benefits and features for a wide range of applications.

Key Points: 
  • These antennas merge Abracon's innovative Niche technology with the proven performance and reliability of traditional stamped metal antennas, offering unparalleled benefits and features for a wide range of applications.
  • The new stamped metal niche antennas from Abracon revolutionize design possibilities by allowing components to be placed underneath the antenna on the PCB, enhancing design flexibility.
  • Other notable features of Abracon's Stamped Metal Niche Antennas include high efficiency, suitability for potted antenna applications, competitive cost advantage, and design flexibility.
  • "With the next generation of stamped metal antennas, we have pushed the barrier for cost and size to another level.

Skyharbour’s Partner Company North Shore Uranium Completes Maiden Drill Program and Identifies Elevated Radioactivity, Fault Zones and Alteration at Falcon Project

Retrieved on: 
Wednesday, March 20, 2024

The combination of the spatial relationship between the graphitic horizon, the structure, alteration and the radioactivity upgrade this target.

Key Points: 
  • The combination of the spatial relationship between the graphitic horizon, the structure, alteration and the radioactivity upgrade this target.
  • This lower fault zone displayed strong bleaching (illite+/-sericite) clay alteration, strong hematite and chlorite along fractures and patchy silica alteration.
  • Nine of the claims are from Skyharbour’s original South Falcon Uranium Project and the remaining two claims are from Skyharbour’s Foster River Project.
  • North Shore will be the operator of the exploration programs during the earn-in stage and for the joint venture if formed.

Aya Gold & Silver Secures 6 New Permits and Provides Exploration Update at Boumadine

Retrieved on: 
Tuesday, March 19, 2024

MONTREAL, March 19, 2024 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to announce that it has completed 50% of its airborne MobileMT geophysical survey and secured the right to 6 exploration permits at its Boumadine Project in the Kingdom of Morocco.

Key Points: 
  • MONTREAL, March 19, 2024 (GLOBE NEWSWIRE) -- Aya Gold & Silver Inc. (TSX: AYA; OTCQX: AYASF) (“Aya” or the “Corporation”) is pleased to announce that it has completed 50% of its airborne MobileMT geophysical survey and secured the right to 6 exploration permits at its Boumadine Project in the Kingdom of Morocco.
  • Its Boumadine exploration portfolio now totals up to 141.4 square kilometers (“km2”).
  • The Corporation will continue to proactively add exploration permits as it develops a greater understanding of the regional geology, structure, and mineralization models.
  • Currently, 4 DDH rigs are turning at Boumadine, with 3 additional surface rigs expected in the coming weeks as part of the 120,000m drill exploration program (Figure 1).

Cyclic Materials and VACUUMSCHMELZE Partner to Recycle Critical Magnet Manufacturing By-products

Retrieved on: 
Monday, March 18, 2024

Cyclic Materials , an advanced metals recycling company building a circular supply chain for rare earth elements and other critical metals, today announced a partnership with VACUUMSCHMELZE (VAC), a leading developer of magnetic materials and solutions.

Key Points: 
  • Cyclic Materials , an advanced metals recycling company building a circular supply chain for rare earth elements and other critical metals, today announced a partnership with VACUUMSCHMELZE (VAC), a leading developer of magnetic materials and solutions.
  • The companies have signed an agreement ensuring that by-products containing critical materials used in high-performance permanent magnets will be recycled.
  • “Cyclic Materials’ mission is to ensure all permanent magnets are recycled back into the supply chain, reducing the pressure to open new mines,” says Ahmad Ghahreman, co-founder and CEO of Cyclic Materials.
  • “We are proud to work with Cyclic Materials to advance circularity of the critical materials required for the energy transition,” said Erik Eschen, CEO of VACUUMSCHMELZE.