Technical report

Lithium Ionic Drills 1.31% Li2O over 24.0m, incl. 1.67% Li2O over 10.0m; and 2.12% Li2O Over 7.2m at Bandeira, Minas Gerais, Brazil

Retrieved on: 
Tuesday, January 23, 2024
Lithium, MRE, Inference, LTH, Map, Feasibility study, Measurement, Technical report, Road

These results were completed as part of the 50,000-metre drill program completed in H2 2023 at its Itinga and Salinas group of properties.

Key Points: 
  • These results were completed as part of the 50,000-metre drill program completed in H2 2023 at its Itinga and Salinas group of properties.
  • Drilling is ongoing at Bandeira, as well as other high priority regional targets as part of an expanded ~50,000-metre drill program planned for 2024.
  • Significant drill intercepts from the most recent Bandeira results, include:
    1.31% Li2O over 24.0m, incl.
  • The Company is rapidly advancing Bandeira towards a production decision, while it continues to define and grow lithium mineralization at other regional targets.

Solaris Commences 2024 Drilling Program at Warintza Project

Retrieved on: 
Monday, January 22, 2024
Gold, Technical report, SME, AAS, SLS, DIC, Growth, TSX, Bureau Veritas, Molybdenum, Project, Soil, National instrument, ALS

VANCOUVER, British Columbia, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (TSX: SLS; OTCQB: SLSSF) (“Solaris” or the “Company”) is pleased to announce a corporate update including the commencement of the 2024 drilling program at its Warintza Project (“Warintza” or “the Project”) in southeastern Ecuador.

Key Points: 
  • VANCOUVER, British Columbia, Jan. 22, 2024 (GLOBE NEWSWIRE) -- Solaris Resources Inc. (TSX: SLS; OTCQB: SLSSF) (“Solaris” or the “Company”) is pleased to announce a corporate update including the commencement of the 2024 drilling program at its Warintza Project (“Warintza” or “the Project”) in southeastern Ecuador.
  • The 2024 drilling program has commenced with the first rig turning at Warintza East and a total of six rigs planned to be in operation by the end of February.
  • Field programs are underway to define drill targets at prospective areas identified in the regional exploration program (refer to press release dated January 8, 2024).
  • Solaris is not aware of any drilling, sampling, recovery or other factors that could materially affect the accuracy or reliability of the data referred to herein.

NevGold Announces 100% Acquisition of Nutmeg Mountain After Final Share Issuance Payment To GoldMining

Retrieved on: 
Friday, January 19, 2024
MRE, NAU, Technical report, GOLD, Bureau of Land Management, VWAP, Gold, TSX, Acquisition, Exchange, Project, TSX Venture Exchange, Exercise, National Instrument 43-101, National instrument, Cryptocurrency

Vancouver, British Columbia, Jan. 19, 2024 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) announces the issuance (the “Share Issuance Payment”) of 10,000,000 NevGold common shares to GoldMining Inc. (TSX:GOLD, NYSE:GLDG) (“GoldMining”) pursuant to the Nutmeg Mountain Option Agreement dated June 13, 2022 (see June 14, 2022 News Release).

Key Points: 
  • Vancouver, British Columbia, Jan. 19, 2024 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) announces the issuance (the “Share Issuance Payment”) of 10,000,000 NevGold common shares to GoldMining Inc. (TSX:GOLD, NYSE:GLDG) (“GoldMining”) pursuant to the Nutmeg Mountain Option Agreement dated June 13, 2022 (see June 14, 2022 News Release).
  • NevGold has now exercised the option under the Nutmeg Mountain Option Agreement to acquire 100% of the Nutmeg Mountain Gold Project in Washington County, Idaho (the “Project”, “Nutmeg Mountain”, see Figure 1).
  • NevGold CEO, Brandon Bonifacio, comments: “Completing the acquisition of 100% of Nutmeg Mountain from GoldMining is a monumental milestone for the Company.
  • GoldMining, a shareholder owning over 20% of the outstanding common shares, was issued 10,000,000 shares through the Share Issuance Payment.

Greenridge Exploration Announces Option Agreement to Acquire the Nut Lake Uranium Project with High Grade Historical Drilling

Retrieved on: 
Thursday, January 18, 2024
PB, Technical report, Agreement, See, Uranium, Fracture, CIM, Mineral, Heartbreak, GXP, Metal, VLF, Frost, CDN, Project, Calendar, Effective date, Anomaly, Geology, Dubawnt Lake, National instrument, Mineral Resources Limited, Uranium mining

VANCOUVER, British Columbia, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3), is pleased to announce it has entered into an Option Agreement (the “Agreement”) with three optionors (the “Optionors”) to acquire a 100% interest (the "Acquisition") in the Nut Lake Uranium Project (the “Nut Lake Property” or the “Project”) located in the Thelon Basin in Nunavut. The Project covers 4,036 hectares near the Northern Tip of the Yathkyed Basin, a sub-basin of the Thelon Basin (See Figure 1).

Key Points: 
  • The Project hosts high grade samples of up to 4.36% U3O8, 53.16 oz/t Ag, 1.15% Pb and 7.0% Ni1.
  • VANCOUVER, British Columbia, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3), is pleased to announce it has entered into an Option Agreement (the “Agreement”) with three optionors (the “Optionors”) to acquire a 100% interest (the "Acquisition") in the Nut Lake Uranium Project (the “Nut Lake Property” or the “Project”) located in the Thelon Basin in Nunavut.
  • Russell Starr, Chief Executive Officer of the Company, commented, “The Nut Lake Project is a highly prospective project and a major step forward for the Company's development.
  • The project hosts high grade samples of up to 4.36% U3O8, 53.16 oz/t Ag, 1.15% Pb and 7.0% Ni¹.

Agrify’s Enters Into First Hydrocarbon Extraction Lab & Vertical Farming Unit Facility in California

Retrieved on: 
Thursday, January 18, 2024
VFU, Science, Ocean Deep, Sale, Safety, Certification, PSI, Technical report, EXP, Drug

Ocean Deep will be extracting products with Agrify’s turnkey PX30 Hydrocarbon Extraction Lab Package to bolster its product offerings.

Key Points: 
  • Ocean Deep will be extracting products with Agrify’s turnkey PX30 Hydrocarbon Extraction Lab Package to bolster its product offerings.
  • Ocean Deep is also expected to begin operation with an estimated 120 Vertical Farming Units (“VFUs”) sold by the Company to produce high-quality cannabis flower in 2024.
  • The PX30 Hydrocarbon Extraction System is the largest system of Agrify’s PX-series.
  • Raymond Chang, Chairman and CEO of Agrify, shared that “We are very excited to announce this agreement for the sale of our first combined VFU and PX30 Hydrocarbon Extraction Lab facility in the state of California.

SilverCrest Provides Fourth Quarter and Annual Operational Results, Management Update and Conference Call Details

Retrieved on: 
Tuesday, January 23, 2024
Chairperson, Q4, CPG, Qualified person (European Union), Risk management, Safety, Primero, Engineering, National instrument, News, Technical report, Mining

During 2023, SilverCrest proactively began a selection process to review its underground mining contract.

Key Points: 
  • During 2023, SilverCrest proactively began a selection process to review its underground mining contract.
  • With significant international experience, including in Mexico, Dumas is well regarded with a demonstrated track record on safety, risk management, and operational excellence.
  • Mr. Cliff Lafleur, who joined SilverCrest in July 2021 as the Company's Vice President, Technical Services, has been appointed Vice President, Operations.
  • A conference call to discuss the Company's Q4, 2023 operational and financial results will be held Thursday, March 7, 2024 at 8:00 a.m. PT / 11:00 a.m.

Ramaco Hires Director of Critical Minerals and Planning to Oversee Company's Rare Earth Element Development

Retrieved on: 
Monday, January 22, 2024
Engineering, Natural gas, Semiconductor, Rare-earth element, National Energy Technology Laboratory, METC, Business administration, Consultant, Mining, REE, University, Element, Coal, Carbon, Dominion Energy, NETL, Technical report

SHERIDAN, Wyo., Jan. 22, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) announced today it has hired Dr. Alex Moyes as director of Critical Minerals and Planning to oversee the company's expanding rare earth element (REEs) operations.

Key Points: 
  • Dr. Alex Moyes brings unique experience in rare earth mining, geoscience, operations management, and data-driven production
    SHERIDAN, Wyo., Jan. 22, 2024 /PRNewswire/ -- Ramaco Resources, Inc. (NASDAQ: METC) announced today it has hired Dr. Alex Moyes as director of Critical Minerals and Planning to oversee the company's expanding rare earth element (REEs) operations.
  • Initial findings have determined that the Brook Mine deposit contains levels of high concentrations of heavy and medium magnetic REEs.
  • An interim update to Weir's May 2023 technical report on the rare earth exploration target will be released in the near future.
  • His doctoral dissertation involved the economic analysis of in-situ mining of rare earths in Wyoming.

Surging Lithium Demand and Production Set to Boost Argentina Ahead of Chile and Australia by 2027

Retrieved on: 
Wednesday, January 17, 2024
Lithium, Miner, KCI, Bloomberg, Heart, Attention, Rio Tinto (corporation), Rosario Board of Trade, Interview, Capital, News, DLE, TSX, Acquisition, WSK, LCE, LAAC, Lithium Triangle, PEA, Rio Tinto, Cell, Technical report

VANCOUVER, BC, Jan. 17, 2024 /PRNewswire/ -- USA News Group - Argentina's lithium industry is kicking off 2024 with a bang, as a new report from the Rosario Stock Exchange (RSE) projects the country's production to surpass both Chile and Australia by 2027. According to the report: "In a context where lithium production is expected to grow 8% annually in Chile and 16% in Australia by 2027, the average annual increase in Argentina aims to be 50%". The report points to Argentina's boom of important projects underway in the medium-term, compared to Australia and Chile's "smaller and more uncertain number of projects". Among the lithium miners garnering the most attention in Argentina at the moment includes Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), POSCO Holdings Inc. (NYSE:PKX), Lithium Americas (Argentina) Corp. (NYSE:LAAC) (TSX:LAAC), Arcadium Lithium plc (NYSE:LTHM), and Rio Tinto Group (NYSE:RIO).

Key Points: 
  • According to the report: "In a context where lithium production is expected to grow 8% annually in Chile and 16% in Australia by 2027, the average annual increase in Argentina aims to be 50%".
  • Among the lithium miners garnering the most attention in Argentina at the moment includes Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), POSCO Holdings Inc. (NYSE:PKX), Lithium Americas (Argentina) Corp. (NYSE:LAAC) (TSX:LAAC), Arcadium Lithium plc (NYSE:LTHM), and Rio Tinto Group (NYSE:RIO).
  • "We are immensely pleased to join forces with POSCO, a leader in lithium and steel production," said Adrian F.C.
  • The HMN Li Project is moving ahead quickly for Lithium South and the company is transitioning from a lithium explorer into a lithium developer.

Surging Lithium Demand and Production Set to Boost Argentina Ahead of Chile and Australia by 2027

Retrieved on: 
Wednesday, January 17, 2024
Lithium, Miner, KCI, Bloomberg, Heart, Attention, Rio Tinto (corporation), Rosario Board of Trade, Interview, Capital, News, DLE, TSX, Acquisition, WSK, LCE, LAAC, Lithium Triangle, PEA, Rio Tinto, Cell, Technical report

VANCOUVER, BC, Jan. 17, 2024 /PRNewswire/ -- USA News Group - Argentina's lithium industry is kicking off 2024 with a bang, as a new report from the Rosario Stock Exchange (RSE) projects the country's production to surpass both Chile and Australia by 2027. According to the report: "In a context where lithium production is expected to grow 8% annually in Chile and 16% in Australia by 2027, the average annual increase in Argentina aims to be 50%". The report points to Argentina's boom of important projects underway in the medium-term, compared to Australia and Chile's "smaller and more uncertain number of projects". Among the lithium miners garnering the most attention in Argentina at the moment includes Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), POSCO Holdings Inc. (NYSE:PKX), Lithium Americas (Argentina) Corp. (NYSE:LAAC) (TSX:LAAC), Arcadium Lithium plc (NYSE:LTHM), and Rio Tinto Group (NYSE:RIO).

Key Points: 
  • According to the report: "In a context where lithium production is expected to grow 8% annually in Chile and 16% in Australia by 2027, the average annual increase in Argentina aims to be 50%".
  • Among the lithium miners garnering the most attention in Argentina at the moment includes Lithium South Development Corporation (TSXV:LIS) (OTCQB:LISMF), POSCO Holdings Inc. (NYSE:PKX), Lithium Americas (Argentina) Corp. (NYSE:LAAC) (TSX:LAAC), Arcadium Lithium plc (NYSE:LTHM), and Rio Tinto Group (NYSE:RIO).
  • "We are immensely pleased to join forces with POSCO, a leader in lithium and steel production," said Adrian F.C.
  • The HMN Li Project is moving ahead quickly for Lithium South and the company is transitioning from a lithium explorer into a lithium developer.

GALIANO GOLD REPORTS PRELIMINARY 2023 PRODUCTION RESULTS

Retrieved on: 
Tuesday, January 16, 2024
Region, Gold, Acquisition, Aburi, Life, Gold Fields, Mining, Technical report, AGM, Feasibility study, TSX, Soil

VANCOUVER, BC, Jan. 16, 2024 /PRNewswire/ - Galiano Gold Inc. ("Galiano" or the "Company") (TSX: GAU) (NYSE American: GAU) is pleased to announce the Company's preliminary 2023 production results at the Asanko Gold Mine (the "AGM") in Ghana.

Key Points: 
  • VANCOUVER, BC, Jan. 16, 2024 /PRNewswire/ - Galiano Gold Inc. ("Galiano" or the "Company") (TSX: GAU) (NYSE American: GAU) is pleased to announce the Company's preliminary 2023 production results at the Asanko Gold Mine (the "AGM") in Ghana.
  • The AGM is a 50:50 joint venture ("JV") with Gold Fields Limited ("Gold Fields"), which is managed and operated by Galiano.
  • On December 21, 2023, the Company announced it had reached an agreement with Gold Fields to acquire its 45% interest in the AGM.
  • Gold production: The AGM produced 31,947 ounces of gold in the fourth quarter and achieved full year 2023 gold production of 134,077 ounces, exceeding upward revised production guidance of between 120,000 to 130,000 ounces of gold.