Noble metals

Sabina Gold & Silver Corp. Reports Updated Mineral Resource Estimate for the Back River Gold Project, Nunavut, Canada.

Wednesday, January 20, 2021 - 12:24pm

In addition Llama, Umwelt and Goose Main deposits have sufficient data density for Mineral Resources to be classified as Measured.

Key Points: 
  • In addition Llama, Umwelt and Goose Main deposits have sufficient data density for Mineral Resources to be classified as Measured.
  • The Umwelt deposit continues to be a key base for resource growth at the Back River Gold Project since its discovery in 2010.
  • Sabina Gold & Silver Corp.
    Sabina Gold & Silver Corp. is well-financed and is an emerging precious metals company with district scale, advanced, high grade gold assets in Nunavut, Canada.
  • In addition to Back River, Sabina also owns a significant silver royalty on Glencores Hackett River Project.

NORNICKEL'S PALLADIUM FUND LAUNCHES ETCs ON DEUTSCHE BÖRSE

Monday, January 18, 2021 - 6:01am

Moscow, January 18, 2021 - Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that Global Palladium Fund (GPF), founded by Nornickel, has launched Exchange Traded Commodities (ETC) for metals on Deutsche Brse giving markets low-cost access to commodity investment opportunities.

Key Points: 
  • Moscow, January 18, 2021 - Nornickel, the world's largest producer of palladium and high-grade nickel and a major producer of platinum and copper, announces that Global Palladium Fund (GPF), founded by Nornickel, has launched Exchange Traded Commodities (ETC) for metals on Deutsche Brse giving markets low-cost access to commodity investment opportunities.
  • The fund intends to launch the ETCs on the London Stock Exchange within a few days.
  • GPF contributes physical palladium, platinum, gold and silver to the ETC instruments.
  • The ETCs are offered at LME spot price with a competitive total expense ratio on the current market.

Platinum Group Metals Ltd. Reports First Quarter Results

Wednesday, January 13, 2021 - 10:30pm

Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - January 13, 2021) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") reports the Company's financial results for the three months ended November 30, 2020 and provides a summary of recent events and outlook.

Key Points: 
  • Vancouver, British Columbia and Johannesburg, South Africa--(Newsfile Corp. - January 13, 2021) - Platinum Group Metals Ltd. (TSX: PTM) (NYSE American: PLG) ("Platinum Group" "PTM" or the "Company") reports the Company's financial results for the three months ended November 30, 2020 and provides a summary of recent events and outlook.
  • Lion was jointly formed in 2019 by Platinum Group and Anglo to accelerate the development of next-generation lithium battery technology using platinum and palladium.
  • Lion was jointly formed in 2019 by Platinum Group and Anglo to accelerate the development of next-generation battery technology using platinum and palladium.
  • About Platinum Group Metals Ltd. and Waterberg Project
    Platinum Group Metals Ltd. is the operator of the Waterberg Project, a bulk underground palladium and platinum deposit located in South Africa.

Provenance Gold Signs Definitive Joint Venture Agreement for the Drilling and Exploration of its Silver Bow Property

Wednesday, January 13, 2021 - 12:01pm

The companies believe the property hosts several excellent gold and silver exploration targets.

Key Points: 
  • The companies believe the property hosts several excellent gold and silver exploration targets.
  • Under the terms of this definitive agreement Palayan will receive a 49.5% interest (the "Palayan JV Interest") upon funding of an initial 20-hole drill program on Provenance's Blue Horse claim, within Silver Bow property.
  • Provenance confirmed this with surface samples that returned 293 g/t Au, 12.4 g/t Au and 10.2 g/t Au, respectively, and silver values up to 785 g/t.
  • We are excited about this program and believe it is the start of confirming a large gold and silver system on the Silver Bow property, while also enabling us to advance our White Rock property.

Chakana Copper Intersects 126.2m of 0.31 g/t Au, 0.53% Cu, and 34.6 g/t Ag (1.03% Cu-Eq; 1.57 g/t Au-Eq) from 92.8m at Huancarama, Soledad Project, Peru

Tuesday, January 12, 2021 - 11:30am

The formulas utilized to calculate equivalent values are Cu_eq (%) = Cu% + (Au g/t * 0.6556) + (Ag g/t * 0.00857) and Au_eq (g/t) = Au g/t + (Cu% * 1.5296) + (Ag g/t * 0.01307).

Key Points: 
  • The formulas utilized to calculate equivalent values are Cu_eq (%) = Cu% + (Au g/t * 0.6556) + (Ag g/t * 0.00857) and Au_eq (g/t) = Au g/t + (Cu% * 1.5296) + (Ag g/t * 0.01307).
  • Holes SDH20-153 to SDH20-155 are shallow holes drilled across the H1 breccia outcrop aiming to the south and southwest.
  • At higher levels the breccia appears to be a neck-like body that is expanding at depth.
  • Chakana's investors are uniquely positioned as the Soledad Project provides exposure to several metals including copper, gold, and silver.

Americas Gold and Silver Corporation Announces Commercial Production at Relief Canyon

Monday, January 11, 2021 - 9:15pm

Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (Americas Gold and Silver or the Company), a growing North American precious metals producer, is pleased to announce that the Relief Canyon mine, located in Nevada, United States, has declared commercial production effective January 11, 2020.

Key Points: 
  • Americas Gold and Silver Corporation (TSX: USA) (NYSE American: USAS) (Americas Gold and Silver or the Company), a growing North American precious metals producer, is pleased to announce that the Relief Canyon mine, located in Nevada, United States, has declared commercial production effective January 11, 2020.
  • I am pleased to announce that Relief Canyon has achieved commercial production following a challenging 2020, stated Americas Gold and Silver President & CEO Darren Blasutti.
  • Americas Gold and Silver Corporation is a high-growth precious metals mining company with multiple assets in North America.
  • Americas Gold and Silver does not give any assurance (1) that Americas Gold and Silver will achieve its expectations, or (2) concerning the result or timing thereof.

Boston Metal Raises $50 Million to Decarbonize Steelmaking

Monday, January 11, 2021 - 2:00pm

Boston Metal is ushering in a new era of metallurgy, said Tadeu Carneiro, Chairman and CEO of Boston Metal.

Key Points: 
  • Boston Metal is ushering in a new era of metallurgy, said Tadeu Carneiro, Chairman and CEO of Boston Metal.
  • With this new round of funding, Boston Metal has brought together all of these elements and is positioned to deliver a future where steel production is efficient, modular and clean.
  • Boston Metal is a global metals technology solutions company that is commercializing molten oxide electrolysis (MOE), a patented tonnage metals production platform.
  • Boston Metal works closely with customers to tailor the MOE technology for specific alloys, feedstocks, and business needs.

Sabina Gold & Silver Updates on Construction Accomplishments

Wednesday, December 16, 2020 - 12:59pm

Not only will they make work more efficient as we move towards construction, they further de-risk the Project schedule.

Key Points: 
  • Not only will they make work more efficient as we move towards construction, they further de-risk the Project schedule.
  • Sabina Gold & Silver Corp.
    Sabina Gold & Silver Corp. is well-financed and is an emerging precious metals company with district scale, advanced, high grade gold assets in one of the worlds newest, politically stable mining jurisdictions: Nunavut, Canada.
  • The silver royalty on Hackett Rivers silver production is comprised of 22.5% of the first 190 million ounces produced and 12.5% of all silver produced thereafter.
  • This news release has been authorized by the undersigned on behalf of Sabina Gold & Silver Corp.

Chakana Copper Intersects 101.5m of 0.61 g/t Au, 0.91% Cu, and 19.8 g/t Ag (2.26 g/t Au-eq) from 32m at Paloma West, Soledad Project, Peru

Wednesday, December 16, 2020 - 11:30am

The formulas utilized to calculate equivalent values are Cu_eq (%) = Cu% + (Au g/t * 0.6556) + (Ag g/t * 0.00857) and Au_eq (g/t) = Au g/t + (Cu% * 1.5296) + (Ag g/t * 0.01307).

Key Points: 
  • The formulas utilized to calculate equivalent values are Cu_eq (%) = Cu% + (Au g/t * 0.6556) + (Ag g/t * 0.00857) and Au_eq (g/t) = Au g/t + (Cu% * 1.5296) + (Ag g/t * 0.01307).
  • A higher-grade margin zone within this occurs over 18m with 0.81 g/t Au, 2.73% Cu, and 49.1 g/t Ag starting at 32m.
  • Additional in-fill drilling will be conducted at Paloma East and Paloma West to be included in an initial resource estimate.
  • The Paloma target area consists of two mapped outcropping breccia pipes, Paloma East and Paloma West (Fig.

Turmalina Intersects 6m at 23.7 g/t Gold and 142 g/t Silver Near Surface in Newly Identified Oxide Zone at SFdLA

Monday, December 7, 2020 - 1:00pm

Equivalent gold values (AuEq) are calculated assuming 100% recovery using USD$ 1900/t oz Au, $23/t oz Ag and $2.9/lb Cu.

Key Points: 
  • Equivalent gold values (AuEq) are calculated assuming 100% recovery using USD$ 1900/t oz Au, $23/t oz Ag and $2.9/lb Cu.
  • Turmalina Metals is led by a team responsible for multiple gold-copper-silver discoveries who are highly experienced in this deposit style.
  • Sampling and Analytic procedure: Turmalina Metals follows systematic sampling and analytical protocols which exceed industry standards and are summarized below.
  • Drill holes SFDH-030 and SFDH-031 tested this oxide zone in the western half of the breccia, returning high gold grades from surface.