PGM

Canadian North Resources Inc. Provides an Update on its Metallurgical Testing Programs at the Ferguson Lake Project

Retrieved on: 
Wednesday, April 3, 2024

TORONTO, April 03, 2024 (GLOBE NEWSWIRE) -- Canadian North Resources Inc. (“CNRI” or “the Company,” TSXV: CNRI; OTCQX: CNRSF; FSE: EO0 (E-O-zero)) is pleased to report encouraging results from its series of flotation bench tests of various domains of mineralized samples obtained from its 100% owned Ferguson Lake Project (“Ferguson Lake Project”) in Nunavut, Canada which were conducted during 2023. The program and results are built upon metallurgical testing that completed by the Company in 2016.

Key Points: 
  • Bench tests successfully produced saleable up to 30% Cu and between 37 and 62 g/t PGMs concentrates with 80% Cu recovery.
  • It was concluded that there is potential to significantly improve these results with additional testing using optimized conditions based upon our improved understanding of the Cu, Ni and PGM’s mineral deportment.
  • Additional tests and investigations of the PGM mineralogy of the deposit are expected to improve these results.
  • The technical contents of this News Release have been reviewed and approved by Dr. Trevor Boyd, P.Geo., a Qualified Person as defined by Canadian National Instrument 43-101 standards.

Canadian North Resources Reports Substantial Increase of Copper, Nickel, Cobalt, Palladium and Platinum NI 43-101 Compliant Mineral Resources for its 100% owned Ferguson Lake Project in Canada

Retrieved on: 
Tuesday, March 19, 2024

TORONTO, March 19, 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 an updated Mineral Resource estimate (Table 1) for its 100% owned Ferguson Lake base metal (copper, nickel, cobalt) and platinum group metal (“PGM”, mainly palladium and platinum) project in Nunavut, Canada.

Key Points: 
  • This new Mineral Resource Estimate has demonstrated the project is one of the largest and highest-grade undeveloped critical mineral projects in North America.
  • The Mineral Resources for the Ferguson Lake Project were estimated using Leapfrog Edge™ software.
  • Open pit Mineral Resources are reported at a NSR cut-off value of US$33.00 and underground mineral resources are reported at a NSR cut-off value of US$96.00.
  • The 2022 Mineral Resource Estimate considered recoveries derived from hydrometallurgical testworks to produce the metal products of copper, nickel, cobalt, palladium and platinum.

South Africa Iron Ore and Chrome Mining Industry - Increasing Demand for Chrome Ore, Due to Rising Ferrochrome Production in China - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 2, 2024

Limited exports due to collapsing rail lines and ports used by chrome ore and iron ore mining companies.

Key Points: 
  • Limited exports due to collapsing rail lines and ports used by chrome ore and iron ore mining companies.
  • Increased demand for stainless steel should lead to growth in chrome ore demand and, consequently, higher chrome ore prices.
  • The rate of iron ore demand growth is expected to slow, and iron ore supply is forecast to grow at a faster rate than demand, leading to lower iron ore prices.
  • Iron Ore companies profiled include Kumba, Assmang, Afrimat, Ironveld Mining and Thabazimbi Iron Ore Mine.

Canon Celebrates Success of varioPRINT 6000 series TITAN with new model updates

Retrieved on: 
Wednesday, March 27, 2024

DUBAI, UAE, March 27, 2024 /PRNewswire/ -- Since its launch in 2017, the Canon varioPRINT 6000 series TITAN has sold more than 1000 units across EMEA, securing a market-leading position in monochrome sheetfed production printing.

Key Points: 
  • DUBAI, UAE, March 27, 2024 /PRNewswire/ -- Since its launch in 2017, the Canon varioPRINT 6000 series TITAN has sold more than 1000 units across EMEA, securing a market-leading position in monochrome sheetfed production printing.
  • The Canon varioPRINT 6000 series TITAN will be shown on the Canon stand in hall 8a at drupa 2024.
  • The varioPRINT 6000 series TITAN now runs on the latest, Mark 10 version of PRISMAsync, Canon's own print server that processes jobs and monitors and controls printer functions.
  • For more information on the varioPRINT 6000 series TITAN, visit: https://en.canon-me.com/business/products/production-printers/digital-pr...

Canon Celebrates Success of varioPRINT 6000 series TITAN with new model updates

Retrieved on: 
Wednesday, March 27, 2024

DUBAI, UAE, March 27, 2024 /PRNewswire/ -- Since its launch in 2017, the Canon varioPRINT 6000 series TITAN has sold more than 1000 units across EMEA, securing a market-leading position in monochrome sheetfed production printing.

Key Points: 
  • DUBAI, UAE, March 27, 2024 /PRNewswire/ -- Since its launch in 2017, the Canon varioPRINT 6000 series TITAN has sold more than 1000 units across EMEA, securing a market-leading position in monochrome sheetfed production printing.
  • The Canon varioPRINT 6000 series TITAN will be shown on the Canon stand in hall 8a at drupa 2024.
  • The varioPRINT 6000 series TITAN now runs on the latest, Mark 10 version of PRISMAsync, Canon's own print server that processes jobs and monitors and controls printer functions.
  • For more information on the varioPRINT 6000 series TITAN, visit: https://en.canon-me.com/business/products/production-printers/digital-pr...

ELBIT SYSTEMS REPORTS FOURTH QUARTER AND FULL YEAR 2023 RESULTS

Retrieved on: 
Tuesday, March 26, 2024

HAIFA, Israel, March 26, 2024 /PRNewswire/ -- Elbit Systems Ltd. ("Elbit Systems" or the "Company") (NASDAQ: ESLT) (TASE: ESLT), the international high technology defense company, reported today its consolidated results for the fourth quarter and full year ended December 31, 2023.

Key Points: 
  • Revenues in the fourth quarter of 2023 were $1,625.8 million, as compared to $1,506.4 million in the fourth quarter of 2022.
  • Non-GAAP(*) gross profit amounted to $411.4 million (25.3% of revenues) in the fourth quarter of 2023, as compared to $388.0 million (25.8% of revenues) in the fourth quarter of 2022.
  • GAAP gross profit in the fourth quarter of 2023 was $382.1 million (23.5% of revenues), as compared to $380.6 million (25.3% of revenues) in the fourth quarter of 2022.
  • Financial expenses, net were $45.8 million in the fourth quarter of 2023, as compared to $26.8 million in the fourth quarter of 2022.

Canada Nickel Makes New Discovery at Newmarket Property, Achieves Best Drill Results at Reid to Date and Announces Grant of Options and RSUs

Retrieved on: 
Monday, March 18, 2024

Four drill rigs are currently operating, and a fifth drill rig is expected to begin on April 1st.

Key Points: 
  • Four drill rigs are currently operating, and a fifth drill rig is expected to begin on April 1st.
  • Mark Selby, CEO of Canada Nickel said, "Our 2024 exploration program has started very strongly with the best drill interval to date at Reid and a new discovery at Newmarket.
  • "The initial Newmarket results are also very encouraging, despite the fact we were only able to drill at the least attractive geophysical target due to seasonal logistical constraints.
  • The full interval of 675 metres, beginning at 27 metres downhole, assayed 0.25% nickel including 142.5 metres of 0.32% nickel and 24 metres of 0.4% nickel.

AI Stocks - Another Application to Watch; Transforming the Future of Transportation Safety

Retrieved on: 
Monday, March 4, 2024

The Artificial Intelligence (AI) revolution is impacting all sectors, and transportation has not been left out.

Key Points: 
  • The Artificial Intelligence (AI) revolution is impacting all sectors, and transportation has not been left out.
  • "AI is revolutionizing the transportation industry in many ways, and its impact on safety is significant.
  • This signifies a significant step forward in Rail Vision's commitment to advancing rail safety and efficiency through cutting-edge technologies.
  • Metropolis members can gain early access to NVIDIA platform updates to enhance their AI application development efforts.

Canadian North Resources Inc. Invites Investment Community to Visit Them at Booth 3031 at PDAC 2023 in Toronto, March 3-6

Retrieved on: 
Tuesday, February 27, 2024

Dr. Kaihui Yang, CEO of the Company, will present at the Corporate Presentation Forum for Investors ("CPFI") Nickel and PGM session on March 5, 2024, at 10:10 AM.

Key Points: 
  • Dr. Kaihui Yang, CEO of the Company, will present at the Corporate Presentation Forum for Investors ("CPFI") Nickel and PGM session on March 5, 2024, at 10:10 AM.
  • Dr. Yang will present a 10-minute overview of the Company and its large, high-grade Ferguson Lake nickel, copper, cobalt, palladium and platinum project, and share insights into its most recent activities.
  • In addition to the CPFI presentation, Canadian North Resources invites the investment community to visit them at booth number 3031 during PDAC 2024.
  • The Canadian North team will be on hand to engage with investors and provide further information about the Company's projects and initiatives.

Doubleview Gold Corp. Announces Significant Copper and Gold Intervals, Including 6.94% Copper and 8.29 g/t Gold (11.27% Cu Eq[-Sc]) Over 4 meters, from South Lisle and Main Lisle Zones of Hat Porphyry Polymetallic Deposit

Retrieved on: 
Monday, February 26, 2024

Drill holes H067 and H068 in the South Lisle Zone returned very significant intervals of copper and gold values that add important length and grade dimensions to the porphyry deposit.

Key Points: 
  • Drill holes H067 and H068 in the South Lisle Zone returned very significant intervals of copper and gold values that add important length and grade dimensions to the porphyry deposit.
  • In addition to copper and gold, the Hat Deposit contains several critical metals, including Cobalt, and Scandium.
  • A 4 meter section of hole H067 returned a remarkable 6.94% copper and 8.29 g/t gold (11.27% Cu Eq[-Sc] "Cu Eq calculated excluding Sc content").
  • When completed the MRE will be published and mark a very material progression in our development of the Hat deposit".