PGM

NorthX Nickel Provides Exploration Update on the Grasset Nickel Project

Retrieved on: 
Monday, July 8, 2024

The H1X Discovery Zone starts at a depth of 300 metres and is less than 500 metres east of the Grasset deposit (5.5 MT @ 1.53% NiEq).

Key Points: 
  • The H1X Discovery Zone starts at a depth of 300 metres and is less than 500 metres east of the Grasset deposit (5.5 MT @ 1.53% NiEq).
  • To view an enhanced version of this graphic, please visit:
    The Grasset deposit, discovered in 2012, is located at the southern end of the Grasset Ultramafic Complex.
  • The vast majority of the Grasset Ultramafic Complex is underexplored and limited exploration prior to 2016 resulted in the discovery of several significant nickel sulphides showings along the entire 23-kilometre-long belt.
  • NorthX Nickel implements high-quality industry-standard quality assurance and quality control ("QA/QC") procedures for its diamond drill programs.

THE BEGINNING OF A NEW ERA IN RECYCLING AND REFINING STRATEGIC METALS: FOUR INDUSTRY LEADERS REBRAND AS ELEMENTAL NORTH AMERICA

Retrieved on: 
Wednesday, June 19, 2024

SAN MARCOS, Texas, June 19, 2024 /PRNewswire/ -- Four leaders in the North American catalytic converter recycling industry—PGM of Texas, Legend Smelting and Recycling, Daniel Ball Converter Recycling, and Maryland Core, Inc.—have rebranded as Elemental North America. Announced on June 19th, the new name signals the evolution of these companies from the collection and processing of used catalytic converters to a new stage of recovering and refining strategic metals.

Key Points: 
  • SAN MARCOS, Texas, June 19, 2024 /PRNewswire/ -- Four leaders in the North American catalytic converter recycling industry—PGM of Texas, Legend Smelting and Recycling, Daniel Ball Converter Recycling, and Maryland Core, Inc.—have rebranded as Elemental North America.
  • Announced on June 19th, the new name signals the evolution of these companies from the collection and processing of used catalytic converters to a new stage of recovering and refining strategic metals.
  • Elemental North America will specialize in processing and refining critical elements and returning them to circulation, supporting global green initiatives and sustainable development.
  • "By operating our own state-of-the-art PGM refinery, Elemental North America is the first business designed and built to bring refinery-direct options to the material generators level.

Appia Begins Uranium Exploration Season with Ground Reconnaissance at "Eastside" Project, Saskatchewan, Canada

Retrieved on: 
Wednesday, June 5, 2024

Toronto, Ontario--(Newsfile Corp. - June 5, 2024) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce the beginning of their summer uranium exploration season for 2024.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - June 5, 2024) - Appia Rare Earths & Uranium Corp. (CSE: API) (OTCQX: APAAF) (FSE: A0I0) (MUN: A0I0) (BER: A0I0) (the "Company" or "Appia") is pleased to announce the beginning of their summer uranium exploration season for 2024.
  • To start, Appia recently completed a ground reconnaissance and exploration program for their uranium-bearing Eastside property located in the Peter Lake Domain, east of Wollaston Lake.
  • Appia followed up on several uranium, rare earth element, and platinum group element targets brought to light during the company's Mineral Prospectivity Map Analysis conducted in 2023 (Figure 1).
  • Appia's 2024 Eastside exploration program signifies its commitment to the exploration and development of its four (4) Saskatchewan uranium properties and highlights the Company's commitment to participating in this surging uranium market."

Canadian North Resources Inc. Reports Financial Results and Operational Update for the First Quarter Ended March 31, 2024

Retrieved on: 
Monday, May 27, 2024

TORONTO, May 27, 2024 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“Canadian North” or the “Company”) (TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to report its operational and financial results for the first quarter ended March 31, 2024.

Key Points: 
  • TORONTO, May 27, 2024 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“Canadian North” or the “Company”) (TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to report its operational and financial results for the first quarter ended March 31, 2024.
  • For the quarter ended March 31, 2024, the Company reported a net loss and comprehensive loss of $791,061 or $0.01 per share.
  • April 24, 2024, the Company filed the annual financial results and operational updates for 2023.
  • For the quarter end Financial Statement and Management’s Discussion and Analysis, please see the Company website at www.cnresources.com or on SEDAR.

Lifezone Metals Provides an Update on Operations and Unaudited Q1 2024 Financial Summary

Retrieved on: 
Monday, May 13, 2024

Lifezone Metals Limited’s (NYSE: LZM) Chief Executive Officer, Chris Showalter, and Chief Financial Officer, Ingo Hofmaier, are pleased to provide an overview of Lifezone’s achievements during the past quarter and the Q1 2024 unaudited financial summary.

Key Points: 
  • Lifezone Metals Limited’s (NYSE: LZM) Chief Executive Officer, Chris Showalter, and Chief Financial Officer, Ingo Hofmaier, are pleased to provide an overview of Lifezone’s achievements during the past quarter and the Q1 2024 unaudited financial summary.
  • Basic and diluted loss per share of $0.05 for Q1 2024, compared to basic and diluted loss per share of $0.10 in Q1 2023.
  • Building on the November 2023 Mineral Resource Update, Lifezone announced during Q1 2024 the discovery of additional high-grade nickel mineralization at the Safari Link Area at Kabanga.
  • Table 1: Summary of condensed profit and loss for the three months ended March 31, 2024 and 2023, respectively.

2024 platinum market deficit forecast revised upwards to 476 koz, as weaker supply outstripped by sustained automotive and industrial demand

Retrieved on: 
Monday, May 13, 2024

Global platinum demand in the Q1'24 rose quarter on quarter to 1,994 koz, as an upswing in jewellery demand added to steady demand growth in the automotive sector.

Key Points: 
  • Global platinum demand in the Q1'24 rose quarter on quarter to 1,994 koz, as an upswing in jewellery demand added to steady demand growth in the automotive sector.
  • Meanwhile, demand is projected at a robust 7,587 koz, resulting in a market deficit of 476 koz.
  • Global recycling supply in Q1'24 remained historically low at 390 koz, as weakness prevailed in both automotive and industrial recycling.
  • For full year 2024, however, total mined platinum supply is forecast to decrease by 2% to 5,468 koz.

Canadian North Resources Files NI 43-101 Technical Report on the Updated Mineral Resource Estimate for the Ferguson Lake Project in Nunavut, Canada

Retrieved on: 
Monday, May 6, 2024

TORONTO, May 06, 2024 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“Canadian North” or the “Company”) (TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to announce that following the release of the Mineral Resource estimate on March 19, 2024, it has filed its National Instrument 43-101 Technical Report on its 100% owned Ferguson Lake base metal (nickel, copper, cobalt) and platinum-group metals (“PGM”, palladium and platinum) Project (“the Ferguson Lake Project” or “the Project”), entitled “Independent Technical Report on the Mineral Resource Estimate for the Ferguson Lake Project, Nunavut, Canada (“the Technical Report”)”, prepared by SRK Consulting and Ronacher McKenzie Geoscience Inc., effective March 19, 2024, on SEDAR at http://www.sedar+.com. The Technical Report has also been posted on the Company’s website at www.cnresources.com.

Key Points: 
  • 80% of the Indicated Mineral Resources are Open Pit comprising 52.7Mt at 0.65% Cu, 0.43% Ni, 0.05% Co, 0.97g/t Pd and 0.17% Pt.
  • The Mineral Resources are estimated only for the West, Central and East Zone of the 15km long main mineralized horizon.
  • The Mineral Resource model indicates potential for continued Mineral Resource expansion along strike and at depth over the mineralized horizon.
  • Table 1: Mineral Resource Statement*, Ferguson Lake Project, Nunavut, SRK Consulting (Canada) Inc., March 19, 2024
    Mineral Resource Statement, Ferguson Lake Project, Canada.

Triple Flag Announces Strong Q1 2024 Results Driven by Growth at Northparkes

Retrieved on: 
Tuesday, May 7, 2024

Triple Flag’s long-term GEOs sales outlook builds on the sector-leading growth achieved since our inception, with a compound annual growth rate of more than 20% since 2017.

Key Points: 
  • Triple Flag’s long-term GEOs sales outlook builds on the sector-leading growth achieved since our inception, with a compound annual growth rate of more than 20% since 2017.
  • Northparkes (54% gold stream and 80% silver stream): Sales from Northparkes in Q1 2024 were 6,286 GEOs, compared to 3,339 GEOs in Q4 2023.
  • Beta Hunt (3.25% GR gold royalty and 1.5% NSR gold royalty): Royalties from Beta Hunt in Q1 2024 equated to 1,214 GEOs.
  • On March 15, 2024, Triple Flag entered into an agreement with Steppe Gold to acquire a prepaid gold interest.

Canadian North Resources Inc. Reports Operational and Financial Results for the Year Ended December 31, 2023

Retrieved on: 
Wednesday, April 24, 2024

TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“the Company”, TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to announce the operational and financial results for the year ended December 31, 2023.

Key Points: 
  • TORONTO, April 24, 2024 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“the Company”, TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to announce the operational and financial results for the year ended December 31, 2023.
  • “This year we will continue to expand the mineral resources at the Ferguson Lake project,” Dr. Yang added.
  • For the year ended December 31, 2023, the Company reported a net loss of $6,400,496 or $0.06 per share.
  • For the Year End 2023 financial statements and Management’s Discussion and Analysis, please see the Company website at www.cnresources.com or on SEDAR.

Power Nickel Releases Initial Assay on New Crown Jewel Discovered on its NISK Project

Retrieved on: 
Monday, April 15, 2024

This will be the King of the Beasts," commented Terry Lynch, Power Nickel CEO.

Key Points: 
  • This will be the King of the Beasts," commented Terry Lynch, Power Nickel CEO.
  • Power Nickel continues to drill at the Lion Discovery with the deepest target to date as well as at Ant 4.
  • ALS is a commercial laboratory independent of Power Nickel with no interest in the Project.
  • Kenneth Williamson, Géo, M.Sc., VP Exploration at Power Nickel, is the qualified person who has reviewed and approved the technical disclosure contained in this news release.