Project

Lithium Ionic Announces Maiden Mineral Resource Estimate and Initiation of PEA at its Salinas Project, Minas Gerais, Brazil; Increases Regional Mineral Resources by 45%

Retrieved on: 
Thursday, April 4, 2024

TORONTO, April 04, 2024 (GLOBE NEWSWIRE) --  Lithium Ionic Corp. (TSXV: LTH; OTCQX: LTHCF; FSE: H3N) (“Lithium Ionic” or the “Company”), is pleased to announce an initial NI 43-101 compliant Mineral Resource Estimate (“MRE”) for its Salinas Lithium Project (“Salinas” or the “Project”), increasing its global mineral resources by 45%. The Salinas property covers 662 hectares or ~4.5% of Lithium Ionic’s large 14,182-hectare land package within the “Lithium Valley” in Minas Gerais State, Brazil, and represents the third NI 43-101 compliant lithium MRE the Company has established to date. The “Lithium Valley” is a unique geological belt that hosts a significant concentration of lithium-bearing pegmatites, which are among the largest and highest grade in the world. The Company’s properties are located in a district that is quickly emerging as an important global lithium producer.

Key Points: 
  • Independent Brazilian consultancy, GE21 Consultoria Mineral Ltda , based in Belo Horizonte, Minas Gerais, has been engaged to carry out a PEA based on the Salinas MRE.
  • Data from a total of 122 drill holes comprising 3,276 assays were included in the mineral resources model.
  • The 3D modelling of lithium Mineral Resources was conducted using a minimum cut-off grade of 0.3% Li2O within a preliminary lithological model.
  • The MRE was classified as Measured, Indicated and Inferred Mineral Resource based on data quality, sample spacing, and pegmatite continuity.

NevGold Stakes Highly Prospective Zeus Copper Project Within The Hercules Copper Trend, Washington County, Idaho

Retrieved on: 
Thursday, April 4, 2024

NevGold CEO, Brandon Bonifacio, comments: “We are extremely excited to announce our Zeus Copper Project within the Hercules Copper Trend of Washington County, Idaho.

Key Points: 
  • NevGold CEO, Brandon Bonifacio, comments: “We are extremely excited to announce our Zeus Copper Project within the Hercules Copper Trend of Washington County, Idaho.
  • The Zeus Project has many of the same geological characteristics as the Hercules Project, and our team encountered signs of copper mineralization and copper porphyry alteration while staking over recent months.
  • Along with Hercules, NevGold was one of the only other operators in Washington County, Idaho.
  • The Hercules copper porphyry discovery appears to be the first large-scale copper porphyry to be found in western Idaho and represents an entirely new district for potential copper discoveries along the North American craton boundary.

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.

EverWind Fuels Announces Completion of FEED for its 1st Phase 240,000 Tonne per Annum Green Hydrogen-to-Green Ammonia Plant

Retrieved on: 
Thursday, April 4, 2024

The first phase of EverWind’s project is designed to produce approximately 240,000 tonnes per annum of green ammonia.

Key Points: 
  • The first phase of EverWind’s project is designed to produce approximately 240,000 tonnes per annum of green ammonia.
  • The Project meets the strictest global requirements for green fuels set by the European Renewable Energy Directive and has been pre-certified by CertifHy™.
  • The Project, which is part of EverWind's larger initiative to develop an Atlantic Canadian green fuels hub, will bring significant economic and environmental benefits to the region.
  • Completion of FEED and Construction Permitting: engineering works began in Q1 2022, advancing over two years to completion of FEED in March 2024.

Standard Uranium Provides Exploration Activities Update on the Sun Dog Project, Northwestern Athabasca Basin

Retrieved on: 
Wednesday, April 3, 2024

Additionally, the Company is pleased to announce the engagement of drilling contractor Team Drilling LP of Saskatoon, SK for the planned Spring/Summer exploration program at the Project, situated on the northern rim of the Athabasca Basin.

Key Points: 
  • Additionally, the Company is pleased to announce the engagement of drilling contractor Team Drilling LP of Saskatoon, SK for the planned Spring/Summer exploration program at the Project, situated on the northern rim of the Athabasca Basin.
  • Cutting Edge Approach: This survey represents one important modern tool that the technical team is utilizing to maximize high-grade1 uranium discovery efficiency.
  • Overview of the Northwestern Athabasca Uranium District highlighting the Sun Dog Project and leading land position held by and under option to Aero Energy Ltd.
  • The Company is leveraging this cutting-edge technology to reveal and refine previously unexplored, high-hosted basement-style targets within the Uranium City district.

Skyharbour and JV Partner Orano Commence 2024 Exploration Programs at the Preston Uranium Project

Retrieved on: 
Wednesday, April 3, 2024

Location Map of Preston Project:

Key Points: 
  • Location Map of Preston Project:
    The 2024 field programs mark the first exploration programs carried out by Orano since 2020.
  • The ML-TEM survey will cover Preston West where there is a known conductor, and Preston Far West as a reconnaissance survey.
  • CAD $850,000 with Orano as the operator and Skyharbour as a minority, participating partner in the project.
  • Preston 2024 Field Programs – Geophysical Surveys:
    Jordan Trimble, President and CEO of Skyharbour, stated: “We are very much looking forward to the findings of these exploration programs this year at Preston with our strategic partner Orano.

Skyharbour and JV Partner Orano Commence 2024 Exploration Programs at the Preston Uranium Project 

Retrieved on: 
Wednesday, April 3, 2024

Location Map of Preston Project:

Key Points: 
  • Location Map of Preston Project:
    The 2024 field programs mark the first exploration programs carried out by Orano since 2020.
  • The ML-TEM survey will cover Preston West where there is a known conductor, and Preston Far West as a reconnaissance survey.
  • CAD $850,000 with Orano as the operator and Skyharbour as a minority, participating partner in the project.
  • Preston 2024 Field Programs - Geophysical Surveys:
    Jordan Trimble, President and CEO of Skyharbour, stated: “We are very much looking forward to the findings of these exploration programs this year at Preston with our strategic partner Orano.

Discovery Reports Fourth Quarter and Full-Year 2023 Financial Results

Retrieved on: 
Friday, March 29, 2024

TORONTO, March 28, 2024 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today announced financial results for the three and twelve months ended December 31, 2023 (“Q4 2023” and “2023”, respectively).

Key Points: 
  • TORONTO, March 28, 2024 (GLOBE NEWSWIRE) -- Discovery Silver Corp. (TSX: DSV, OTCQX: DSVSF) (“Discovery” or the “Company”) today announced financial results for the three and twelve months ended December 31, 2023 (“Q4 2023” and “2023”, respectively).
  • Tony Makuch, CEO, commented: “Over the last year, our teams in Mexico and Canada have done an outstanding job advancing Cordero.
  • “The excellent work of our people culminated in the release of our Feasibility Study results a few weeks ago.
  • FEASIBILITY STUDY METALLURGICAL TEST PROGRAM:
    On October 26, 2023, positive results were released from the Feasibility Study metallurgical test program.

Osisko Development Reports Fourth Quarter And Year-End 2023 Results

Retrieved on: 
Friday, March 29, 2024

MONTREAL, March 28, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three and twelve months ended December 31, 2023 ("Q4 2023").

Key Points: 
  • (All monetary references are expressed in Canadian dollars, unless otherwise indicated)
    MONTREAL, March 28, 2024 (GLOBE NEWSWIRE) -- Osisko Development Corp. (NYSE: ODV, TSXV: ODV) ("Osisko Development" or the "Company") reports its financial and operating results for the three and twelve months ended December 31, 2023 ("Q4 2023").
  • 2,090 ounces of gold sold by the Company from operating activities in the fourth quarter (10,743 ounces of gold sold in 2023), comprising of:
    $6.9 million in revenues ($31.6 million in 2023) and $6.4 million in cost of sales ($32.3 million in 2023) generated from operating activities in the fourth quarter.
  • After giving effect to the Financing, Osisko Development and O3 Mining hold approximately 47% and 12%, respectively, of the outstanding EEM shares.
  • Assay results for all remaining drill holes from the 2023 exploration program were released on February 22, 2024 (see Subsequent to Q4 2023).

Cielo Announces Fiscal Q3 2024 Financial Results and Provides Update on its Progress to Fuel Renewable Change

Retrieved on: 
Thursday, March 28, 2024

CALGARY, Alberta, March 28, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTC:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low-carbon fuel from wood by-products, today announced its financial results for the three and nine months ended January 31, 2024, along with an update on the Company’s progress as Cielo fuels renewable change.

Key Points: 
  • CALGARY, Alberta, March 28, 2024 (GLOBE NEWSWIRE) -- Cielo Waste Solutions Corp. (TSXV:CMC; OTC:CWSFF) (“Cielo” or the “Company”), a renewable fuel company leveraging market ready licensed technology to produce low-carbon fuel from wood by-products, today announced its financial results for the three and nine months ended January 31, 2024, along with an update on the Company’s progress as Cielo fuels renewable change.
  • All financial information in this news release is reported in Canadian dollars, unless otherwise indicated.
  • "We believe the closing of the asset purchase transaction with Expander Energy during Q3 2024 represents a pivotal moment on our journey, positioning Cielo with an economically sustainable and market-ready solution.
  • Cielo has a clear line of sight to produce our net-zero carbon intensity Bio-SynDiesel®,” said Ryan Jackson, CEO of Cielo.