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Chesapeake Announces Preliminary Metallurgical Test Results Demonstrating up to 97% Gold Recoveries at Lucy Project

Retrieved on: 
Tuesday, February 13, 2024

Four holes were selected across the Lucy mineralized corridor (Figure 1) for the initial metallurgical test work.

Key Points: 
  • Four holes were selected across the Lucy mineralized corridor (Figure 1) for the initial metallurgical test work.
  • The composites were crushed and ground to 80% passing 75µm, and bottle roll tests were undertaken for 72 hours.
  • Furthermore, a duplicate set of the composites was rerun during a separate test of 96 hours and returned similar results within ±1% of the initial tests, affirming these positive results.
  • The Lucy project comprises 483 hectares and is located within 5 kilometres from a paved highway.

Appia Appoints Constantine Karayannopoulos as New Member to Its Critical Minerals Advisory Committee

Retrieved on: 
Friday, February 9, 2024

Appia's Advisory Committee Also Includes Renowned Rare Earths Experts Jack Lifton and Don Hains

Key Points: 
  • The Appia service agreement is set to commence on February 1, 2024, marking a pivotal moment for Appia as it strengthens its strategic advisory team with the inclusion of an industry luminary.
  • Appia proudly welcomes Constantine Karayannopoulos to its Advisory Committee, alongside globally renowned rare earths experts Jack Lifton and Don Hains P.Geo (See Full Bios - Click Here )
    Constantine Karayannopoulos, BASc, MASc, P.Eng., is a highly accomplished Professional Engineer who recently served as the President and CEO of Neo Performance Materials Inc. until July 2023 (NEO).
  • In addition to his corporate responsibilities, Constantine is a member of the Advisory Board at the University of Toronto's Department of Chemical Engineering and Applied Chemistry.
  • Constantine, leveraging his profound expertise in the sector, will provide invaluable services related to consultation on critical minerals through his consulting company, Kloni Inc., further enhancing Appia's strategic positioning.

New HSR thresholds and filing fees for 2024

Retrieved on: 
Thursday, February 8, 2024

New HSR thresholds and filing fees for 2024The 2023 Consolidated Appropriations Act created new filing fee tiers with new filing fees and the thresholds for these filing fees, as well as the fee amounts, are also adjusted annually along with the jurisdictional thresholds.

Key Points: 

New HSR thresholds and filing fees for 2024

  • The 2023 Consolidated Appropriations Act created new filing fee tiers with new filing fees and the thresholds for these filing fees, as well as the fee amounts, are also adjusted annually along with the jurisdictional thresholds.
  • The Commission recently announced the updated jurisdictional thresholds and the updated fee schedule, both of which will become effective on March 6, 2024.

Rule 1: The correct threshold for determining reportability is the one in effect at the time of closing.

  • This is often referred to as the “$50 million (as adjusted)” threshold because it started at $50 million and is now adjusted annually.
  • For 2024, that threshold will be $119.5 million.
  • Here are the new jurisdictional thresholds, effective on March 6, 2024: ORIGINAL THRESHOLD ADJUSTED THRESHOLD $10 million $23.9 million $50 million $119.5 million $100 million $239 million $110 million $262.9 million $200 million $478 million $500 million $1.195 billion $1 billion $2.390 billion

Rule 2: The filing fee is determined by the value of the transaction at the time of filing.

  • If you determine that a transaction is reportable, the filing fee should be based on the filing fee threshold that is in effect at the time of filing.
  • Here are the new filing fee thresholds, as well as the adjusted fee amounts, revised in accordance with the 2023 Consolidated Appropriations Act and effective on March 6, 2024: FILING FEE SIZE OF TRANSACTION $30,000 less than $173.3 million $105,000 not less than $173.3 million but less than $536.5 million $260,000 not less than $536.5 million but less than $1.073 billion $415,000 not less than $1.073 billion but less than $2.146 billion $830,000 not less than $2.146 billion but less than $5.365 billion $2,335,000 $5.365 billion or more

Rule 3: Notification thresholds for subsequent purchases adjust yearly, too.

Appia Announces Outstanding Re-Assayed Diamond Drill Results Including 100 Metres Averaging 3,577 PPM TREO at Its PCH Ionic Clay Project, Brazil

Retrieved on: 
Thursday, February 8, 2024

Key Weighted Average TREO Concentrations: 0-100 Metres 3,577 PPM, 0-18 Metres 9,445 PPM, Including 7 Metres 18,275 PPM, 3 Metres 25,317 PPM, and 1.5 Metres 30,642 PPM

Key Points: 
  • This Reverse Circulation (RC) hole revealed TREO results as high as 92,758 ppm from 10-to-12 metres, with a total weighted average of 38,655 ppm TREO from 0 to 24 metres, remaining open at depth."
  • (See press release dated January 16, 2024 HERE )
    Burega continued, "We have seen remarkable grades across Target IV, spanning from RC to DDH results.
  • Numerous intercepts surpass 10,000 ppm TREO, including PCH-F01R, where the results support the ultra-high grade weathered profile.
  • The historic diamond drill holes, including DDH-PCHF01, are NQ size (47.6 mm diameter) vertical and reported intervals are true widths.

Automotive Dealership Data Study Identifies Appointment Rate Benchmarks across Q3 and Q4 2023

Retrieved on: 
Wednesday, January 31, 2024

PORTLAND, Ore., Jan. 31, 2024 /PRNewswire-PRWeb/ -- A Foureyes study of approximately 700 U.S. automotive dealerships establishes lead-to-sale benchmark data for new and used inventory during the second half of 2023.

Key Points: 
  • While most of the data in the study remained steady over this period, one trendline stood out above others.
  • Over the final six months, and particularly between Q3 and Q4, there was a decline in new vehicle appointment set rates specifically from phone ups.
  • This rate was 77% in July but ultimately dipped to 71% by December – with the Q4 averages generally lower than the Q3 average.
  • "Dealers who are winning right now are the ones getting into the details of their sales process and making adjustments."

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

Retrieved on: 
Thursday, January 18, 2024

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.

Callinex Announces Magnetotelluric (MT) Geophysical Survey at the Pine Bay Project, Flin Flon Mining District, MB

Retrieved on: 
Monday, January 29, 2024

VANCOUVER, BC, Jan. 29, 2024 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce that the Company is in the process of completing a magnetotelluric ("MT") geophysical survey on the Company's 100% owned Pine Bay Project (the "Project") located in the Flin Flon Mining District of Manitoba ( Pine Bay Project Plan View with Proposed MT Survey Lines ).

Key Points: 
  • VANCOUVER, BC, Jan. 29, 2024 /PRNewswire/ - Callinex Mines Inc. (the "Company" or "Callinex") (TSXV: CNX) (OTCQX: CLLXF) is pleased to announce that the Company is in the process of completing a magnetotelluric ("MT") geophysical survey on the Company's 100% owned Pine Bay Project (the "Project") located in the Flin Flon Mining District of Manitoba ( Pine Bay Project Plan View with Proposed MT Survey Lines ).
  • The Company is in the early stages of completing an MT survey across the Rainbow, Pine Bay, Descendent, Alchemist deposits and target area Odin.
  • The first line of MT survey data has been collected across the known Pine Bay deposit and will soon be processed by Abitibi.
  • The number of deposits at Pine Bay are located within the Baker Patton Felsic Complex, one of the largest and most highly altered accumulations of felsic rocks within the Flin Flon Greenstone Belt.

Hyliion to Participate in POWERGEN International Conference

Retrieved on: 
Friday, January 19, 2024

Hyliion Holdings Corp. (NYSE: HYLN), a developer of sustainable electricity-producing technology, will be attending the POWERGEN International Conference in New Orleans on January 24, 2024.

Key Points: 
  • Hyliion Holdings Corp. (NYSE: HYLN), a developer of sustainable electricity-producing technology, will be attending the POWERGEN International Conference in New Orleans on January 24, 2024.
  • Hyliion Founder and CEO, Thomas Healy, will participate in the Microgrids Breakthroughs track of the Technical Conference Program part of the event to discuss the modern electrification needs and the rise of distributed power generation.
  • Hyliion is committed to creating innovative solutions that enable clean, flexible and affordable electricity production.
  • Hyliion cautions you that these forward-looking statements are subject to numerous risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Hyliion.

Callinex Intersects the Descendent in 125m Step-out at the Pine Bay Project, MB

Retrieved on: 
Monday, January 22, 2024

The Descendent discovery has unique characteristics that make it an opportunity worth immediately seizing through additional drilling.

Key Points: 
  • The Descendent discovery has unique characteristics that make it an opportunity worth immediately seizing through additional drilling.
  • This year's exploration campaign will be another exciting one where we will remain focused on growing Pine Bay into a tier one asset with numerous expanding high-grade discoveries."
  • The Descendent remains open to the north, and vertically below DSC-112-W1 ( Descendent Discovery Long Section ).
  • Looking forward, the Company will continue to aggressively expand the resource base with a focus on step-out drilling at Descendent.

Power Nickel Commences 2024 Drill Program

Retrieved on: 
Friday, January 19, 2024

TORONTO, Jan. 19, 2024 /PRNewswire/ - Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce it has started the 2024 winter Drill Program at the Nisk Nickel Sulfide project in Nemaska Quebec.

Key Points: 
  • TORONTO, Jan. 19, 2024 /PRNewswire/ - Power Nickel Inc. (the "Company" or "Power Nickel") (TSXV: PNPN) (OTCBB: PNPNF) (Frankfurt: IVV) is pleased to announce it has started the 2024 winter Drill Program at the Nisk Nickel Sulfide project in Nemaska Quebec.
  • "We are excited to start our ambitious 2024 Drill Program.
  • On January 18, 2024, Power Nickel held a Podcast to discuss our 2024 plans; a replay of this event is located below.
  • 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.