Metallurgy

Eldorado Gold Provides Exploration Update Highlighting Increased Confidence on Ormaque; Announces Executive Management Appointments

Retrieved on: 
Wednesday, December 13, 2023

This drilling has identified new zones characterised by high-grade veins similar in style and geometry to those hosting the Ormaque deposit.

Key Points: 
  • This drilling has identified new zones characterised by high-grade veins similar in style and geometry to those hosting the Ormaque deposit.
  • Key mineralised intercepts are present both below and south of the current Mineral Resources for at least 350 metres.
  • Note: Gold grades for drillhole intervals listed in this release are based on capping individual assays at 70 g/t gold.
  • Eldorado Gold operates its exploration programs according to industry best practices and employs rigorous quality assurance and quality control procedures.

Arras Minerals Announces Strategic Alliance With Major Canadian Mining Company to Focus on Critical Minerals in Kazakhstan

Retrieved on: 
Thursday, December 7, 2023

VANCOUVER, British Columbia, Dec. 07, 2023 (GLOBE NEWSWIRE) -- Arras Minerals Corp. (TSX-V: ARK) (“Arras” or “the Company”) is pleased to announce it has entered into an agreement (the “Strategic Alliance Agreement” or the “Agreement”) with Teck Resources Limited (“Teck”) to form a Strategic Alliance focusing on exploration for critical minerals on Arras’ strategically located license package in the Bozshakol-Chingiz Magmatic Arc located in Pavlodar, Kazakhstan.

Key Points: 
  • The Strategic Alliance does not include the Beskauga copper-gold project, nor the regional exploration licenses Stepnoe, Ekidos, Aimandai and Elemes.
  • Arras will act as manager for the initial year of the two-year generative program with Teck holding the option to assume the role of manager thereafter.
  • Arras and Teck will establish a Technical Committee to develop and review the annual exploration programs, with Teck having final approval.
  • The Company will host a webinar to discuss the Strategic Alliance in more detail on Friday December 8th at 800am PST.

Exceptional results from drilling program at Halleck Creek

Retrieved on: 
Thursday, December 7, 2023

DENVER, Dec. 07, 2023 (GLOBE NEWSWIRE) -- American Rare Earths Limited (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) (“ARR” or the “Company”) is pleased to announce the exceptional results from the recently completed diamond drilling program2 at Overton Mountain, located within the broader Halleck Creek Rare Earths Project, Wyoming. These results, with pending assays from RC holes, will provide key inputs to upgrading the current 1.43 billion tonne JORC Resource3, and furthermore confirms that the deposit remains open at depth to at least 302 m (990.81 ft). The assays received to date exhibit TREO averages 4,478 ppm, which is significantly higher than the 3,309 ppm TREO deposit average from the Company’s previous resource estimate.

Key Points: 
  • Interim 2023 resource drilling results from 8 diamond drill holes at Halleck Creek.
  • High value magnetic rare earths neodymium and praseodymium (“NdPr”) averaged 23% of TREO consistent with prior drilling.
  • DENVER, Dec. 07, 2023 (GLOBE NEWSWIRE) -- American Rare Earths Limited (ASX: ARR | ADRs - OTCQX: AMRRY | Common Shares - OTCQB: ARRNF) (“ARR” or the “Company”) is pleased to announce the exceptional results from the recently completed diamond drilling program2 at Overton Mountain, located within the broader Halleck Creek Rare Earths Project, Wyoming.
  • Being low in the penalty elements of Thorium and Uranium, places Halleck Creek in a unique position of having the best of both worlds (higher grade and easier processing).

Madison Metals Announces Physical Uranium Inventory Strategy and Technical Report Update Progress

Retrieved on: 
Thursday, November 30, 2023

In support of the token redemption protocol, Madison may execute uranium spot market purchases; build an in-house uranium inventory; purchase futures contracts; and/or purchase storage facility swap orders for the approved parties redeeming the $U Token for physical settlement, facilitated by Madison.

Key Points: 
  • In support of the token redemption protocol, Madison may execute uranium spot market purchases; build an in-house uranium inventory; purchase futures contracts; and/or purchase storage facility swap orders for the approved parties redeeming the $U Token for physical settlement, facilitated by Madison.
  • In addition, Madison announces that in early 2024, SRK Consulting (UK) Limited (“SRK”) will deliver an NI 43-101-compliant technical report on the resource at Exclusive Prospecting Licence 8531 (“EPL-8531”).
  • “Madison is focused on the development of its uranium assets in light of the robust uranium market fundamentals.
  • The demand for sustainable energy solutions is escalating, positioning uranium as a key resource in the global energy market,” said Duane Parnham, Executive Chairman and CEO of Madison Metals.

Endeavour Increases Indicated Resources at Its Tanda-Iguela Greenfield Property by 303% to 4.5moz

Retrieved on: 
Wednesday, November 29, 2023

Furthermore, the length of the Indicated resource envelope has increased from 0.6 kilometres to 3.0 kilometres.

Key Points: 
  • Furthermore, the length of the Indicated resource envelope has increased from 0.6 kilometres to 3.0 kilometres.
  • The 2023 drill programme also identified deep mineralisation below 250 metres depth, below the maiden November 2022 resource pit shell.
  • This QA/QC program was audited by a consultant, independent from Endeavour Mining and has been verified to follow industry best practices.
  • The resource estimation was completed by Kevin Harris, CPG, Vice President - Resources for Endeavour Mining and "Qualified Person" as defined by National Instrument 43-101.

Abcourt Processes the First Tonnes of Mineralized Material in Its Mill at the Sleeping Giant Mine

Retrieved on: 
Wednesday, November 22, 2023

On September 14, Abcourt began the restart work at the Sleeping Giant Mill to process material from the Pershing-Manitou project.

Key Points: 
  • On September 14, Abcourt began the restart work at the Sleeping Giant Mill to process material from the Pershing-Manitou project.
  • Abcourt begins the processing with the bulk sampling of 5,000 tonnes of material from the Pershing-Manitou deposit.
  • Finally, Abcourt will begin processing material coming directly from the Sleeping Giant mine after processing the 400 tonnes from the Elder mine.
  • While we advance preparations for the PFS, Abcourt will feed the mill with mineralized material from the 4 upper levels of the underground mine.

Pan American Announces Preliminary Economic Assessment of the La Colorada Skarn Project

Retrieved on: 
Tuesday, December 19, 2023

Mineral resources have reasonable prospects for eventual economic extraction demonstrating sufficient spatial continuity of mineralisation constrained within a potentially mineable shape.

Key Points: 
  • Mineral resources have reasonable prospects for eventual economic extraction demonstrating sufficient spatial continuity of mineralisation constrained within a potentially mineable shape.
  • No mineral reserves are reported at this time for the La Colorada Skarn project.
  • Drilling of the La Colorada Skarn deposit has been completed from both surface and underground drill platforms.
  • Pan American implements a quality assurance and quality control ("QAQC") program, including the submission of certified standards, blanks, and duplicate samples to the laboratories.

Science North and The Canadian Institute of Mining, Metallurgy and Petroleum (CIM) launch digital mining game across Canada

Retrieved on: 
Thursday, November 9, 2023

SUDBURY, Ontario, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Thanks to a collaboration between Science North and The Canadian Institute for Mining, Metallurgy and Petroleum (CIM), Canadian youth can explore the world of modern mining in a new digital game.

Key Points: 
  • SUDBURY, Ontario, Nov. 09, 2023 (GLOBE NEWSWIRE) -- Thanks to a collaboration between Science North and The Canadian Institute for Mining, Metallurgy and Petroleum (CIM), Canadian youth can explore the world of modern mining in a new digital game.
  • Throughout the game, alerts and helpful tips will appear to make sure that proper mining practices are being followed.
  • The game comes equipped with data and images from real Canadian mining professionals who have contributed to the game’s authenticity and content.
  • Angela Hamlyn, Chief Executive Officer – Canadian Institute of Mining, Metallurgy and Petroleum (CIM)

Electra Appoints Francois Perras as Chief Commercial Officer

Retrieved on: 
Thursday, December 14, 2023

Electra , a clean iron company with a solution to decarbonize iron and steelmaking, has appointed Francois Perras as Chief Commercial Officer (CCO).

Key Points: 
  • Electra , a clean iron company with a solution to decarbonize iron and steelmaking, has appointed Francois Perras as Chief Commercial Officer (CCO).
  • Concurrently, Simon Wandke will transition from his role as the CCO to the Chair of Electra's Advisory Board and Advisor to the CEO.
  • Most recently, Perras was CEO of Tergeo Minerals, a company focused on extracting magnesium and amorphous silica from mine tailings.
  • Perras has extensive expertise in upstream agglomerated iron ores, direct-reduced ironmaking (DRI) and electric-arc furnace (EAF) steelmaking, and downstream markets and applications.

Simandou iron ore project update

Retrieved on: 
Tuesday, December 5, 2023

Rio Tinto will provide an update today at its Investor Seminar on the world class Simandou iron ore project in Guinea, which is being progressed in partnership with CIOH, a Chinalco-led consortium, Winning Consortium Simandou1 (WCS), Baowu and the Republic of Guinea.

Key Points: 
  • Rio Tinto will provide an update today at its Investor Seminar on the world class Simandou iron ore project in Guinea, which is being progressed in partnership with CIOH, a Chinalco-led consortium, Winning Consortium Simandou1 (WCS), Baowu and the Republic of Guinea.
  • Simandou is the world’s largest untapped high-grade iron ore deposit.
  • 3 Refer to “Simandou Mineral Resources and Ore Reserves” section at page 4 below.
  • Based on Wood Mackenzie and CRU average pricing for iron ore (65% grade), with a premium applied for DR product.