PEA

High Court of Namibia Orders the Ministry of Mines to File Documents with the Court Before October 10, 2021

Friday, September 24, 2021 - 1:10pm

After the filing of the Ministry's documents, Haib Minerals (the subsidiary of Deep-South holding the licence) will have until October 21, 2021 to supplement or amend its own documents filed on July 20, 2021.

Key Points: 
  • After the filing of the Ministry's documents, Haib Minerals (the subsidiary of Deep-South holding the licence) will have until October 21, 2021 to supplement or amend its own documents filed on July 20, 2021.
  • The Court will hold another hearing on October 28, 2021, to define the further procedures with regards to the review of the decision of the Minister.
  • The Company will provide regular updates in this regard and any other matter concerning this situation.
  • Moreover, the Ministry issued all permits required for the drilling program and are well aware that Deep-South has completed the drilling program.

Altair Engages SRK Consulting to Update Technical Report on Kazakhstan Gold Projects

Thursday, September 23, 2021 - 1:30pm

An NI 43-101 report covering Property C (the Zhaltyrbulak Property, below, in Central Kazakhstan), will be completed at a later stage.

Key Points: 
  • An NI 43-101 report covering Property C (the Zhaltyrbulak Property, below, in Central Kazakhstan), will be completed at a later stage.
  • The SRK report will be in addition to the further technical reporting being prepared, as previously announced by International Mining Services Ltd. of Almaty, Kazakhstan.
  • Current aggregate gold production at the two properties is approximately 21,000 ounces of gold per year from the oxide zones of the two properties.
  • Both the Eastern Kazakhstan and Central Kazakhstan properties recover gold using heap leach technology, while gravity recovery is also used on the Central property.

Philadelphia Energy Authority Flips Switch on PA's First Equitable Solar Pilot

Thursday, September 23, 2021 - 3:00pm

PHILADELPHIA, Sept. 23, 2021 /PRNewswire/ --The Philadelphia Energy Authority (PEA) joined City, State and Federal leadership today to announce the completion of the City's first rooftop solar program for low- and moderate-income homeowners.

Key Points: 
  • PHILADELPHIA, Sept. 23, 2021 /PRNewswire/ --The Philadelphia Energy Authority (PEA) joined City, State and Federal leadership today to announce the completion of the City's first rooftop solar program for low- and moderate-income homeowners.
  • "The Philadelphia Energy Authority continues to position Philadelphia as a national leader in using clean energy to drive equitable economic development," said Councilmember Katherine Gilmore Richardson.
  • The Solar Savings Grant Program is part of Solarize Philly, a citywide program to help all Philadelphians go solar.
  • PEA is a municipal authority building a robust, equitable clean energy economy in Philadelphia.

Philadelphia Energy Authority Launches New Green Bank - Philadelphia Green Capital Corp. - to Grow City's Clean Energy Economy

Tuesday, September 21, 2021 - 8:13pm

PHILADELPHIA, Sept. 21, 2021 /PRNewswire/ -- The Philadelphia Green Capital Corp. (PGCC) opens for business today to provide low-cost financing options for energy efficiency and renewable energy projects in the Philadelphia region.

Key Points: 
  • PHILADELPHIA, Sept. 21, 2021 /PRNewswire/ -- The Philadelphia Green Capital Corp. (PGCC) opens for business today to provide low-cost financing options for energy efficiency and renewable energy projects in the Philadelphia region.
  • As the non-profit green bank affiliate of the Philadelphia Energy Authority (PEA), PGCC's vision is to spur the growth of a thriving clean energy market that serves all Philadelphians.
  • Green banks are innovative financing organizations that expand clean energy markets by attracting private capital to green projects.
  • Councilmember Derek Green adds, "PGCC is a catalyst for a robust clean energy market in Philadelphia.

U.S. Gold Corp. Announces Results of its 2021 Annual Meeting of Stockholders

Tuesday, September 21, 2021 - 2:45pm

ELKO, Nev., Sept. 21, 2021 /PRNewswire/ --U.S. Gold Corp. (the "Company") (NASDAQ: USAU), a gold exploration and development company, today announced the results of its Annual Meeting of Stockholders (the "Meeting") held virtually on September 20, 2021.

Key Points: 
  • ELKO, Nev., Sept. 21, 2021 /PRNewswire/ --U.S. Gold Corp. (the "Company") (NASDAQ: USAU), a gold exploration and development company, today announced the results of its Annual Meeting of Stockholders (the "Meeting") held virtually on September 20, 2021.
  • George Bee, U.S. Gold Corp.'s President, Chief Executive Officer and Executive Chairman, stated, "We are pleased that all the proxy proposals passed successfully at our Annual Meeting of Stockholders with strong stockholder support.
  • I look forward to working closely with our Board and updating our stockholders on our future exploration efforts."
  • U.S. Gold Corp. is a publicly traded, U.S. focused gold exploration company.

Why Some Mining Experts See Gold Reaching $2,050 To $2,250

Tuesday, September 21, 2021 - 1:50pm

PALM BEACH,  Fla., Sept. 21, 2021 /PRNewswire/ -- FinancialNewsMedia.com News Commentary - Experts who follow Gold see more room for it to rise in both the short and long terms. First it was the pandemic that helped push its prices to all-time highs, and in the near future it may well be inflation that keeps it increasing. Gold, after a record year, is bound to see more gains in the medium and long-term, according to the CPM's Gold Yearbook. The CPM Gold Yearbook 2021 contains definitive and detailed statistics and analysis on the international gold markets. The pandemic has changed the world, making some of the existing problems even worse and setting gold up to benefit, the CPM Group said. "While the pandemic will eventually pass, it has left the world changed and has in fact compounded and worsened some of the factors that are supportive of gold prices," the CPM Group said. The biggest drivers that will support gold as the world reopens include sovereign and private sector debts, deficits, and ultra-loose monetary policies.  An article in the Economic Times added that: "It continued: "After falling nearly 14 per cent in the first four months, assets of the world's largest gold-backed exchange-traded fund, SPDR Gold Trust, rose by nearly 30 tonnes in May, justifying the move in metal prices.".     Active stocks in the mining markets this week include Golden Independence Mining Corp. (OTCQB: GIDMF) (CSE: IGLD), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX), Franco-Nevada Corporation (NYSE: FNV) (TSX: FNV), i-80 GOLD CORP. (OTCQX: IAUCF) (TSX: IAU), Newmont Corporation (NYSE: NEM) (TSX: NGT).

Key Points: 
  • Gold, after a record year, is bound to see more gains in the medium and long-term, according to the CPM's Gold Yearbook.
  • The CPM Gold Yearbook 2021 contains definitive and detailed statistics and analysis on the international gold markets.
  • Active stocks in the mining markets this week include Golden Independence Mining Corp. (OTCQB: GIDMF)(CSE: IGLD), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX), Franco-NevadaCorporation (NYSE: FNV) (TSX: FNV), i-80 GOLD CORP.(OTCQX: IAUCF)(TSX: IAU), Newmont Corporation(NYSE: NEM) (TSX: NGT).
  • The reverse circulation program targeted the main oxide gold zone as well as the intrusive gold target.

Why Some Mining Experts See Gold Reaching $2,050 To $2,250

Tuesday, September 21, 2021 - 1:50pm

PALM BEACH,  Fla., Sept. 21, 2021 /PRNewswire/ -- FinancialNewsMedia.com News Commentary - Experts who follow Gold see more room for it to rise in both the short and long terms. First it was the pandemic that helped push its prices to all-time highs, and in the near future it may well be inflation that keeps it increasing. Gold, after a record year, is bound to see more gains in the medium and long-term, according to the CPM's Gold Yearbook. The CPM Gold Yearbook 2021 contains definitive and detailed statistics and analysis on the international gold markets. The pandemic has changed the world, making some of the existing problems even worse and setting gold up to benefit, the CPM Group said. "While the pandemic will eventually pass, it has left the world changed and has in fact compounded and worsened some of the factors that are supportive of gold prices," the CPM Group said. The biggest drivers that will support gold as the world reopens include sovereign and private sector debts, deficits, and ultra-loose monetary policies.  An article in the Economic Times added that: "It continued: "After falling nearly 14 per cent in the first four months, assets of the world's largest gold-backed exchange-traded fund, SPDR Gold Trust, rose by nearly 30 tonnes in May, justifying the move in metal prices.".     Active stocks in the mining markets this week include Golden Independence Mining Corp. (OTCQB: GIDMF) (CSE: IGLD), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX), Franco-Nevada Corporation (NYSE: FNV) (TSX: FNV), i-80 GOLD CORP. (OTCQX: IAUCF) (TSX: IAU), Newmont Corporation (NYSE: NEM) (TSX: NGT).

Key Points: 
  • Gold, after a record year, is bound to see more gains in the medium and long-term, according to the CPM's Gold Yearbook.
  • The CPM Gold Yearbook 2021 contains definitive and detailed statistics and analysis on the international gold markets.
  • Active stocks in the mining markets this week include Golden Independence Mining Corp. (OTCQB: GIDMF)(CSE: IGLD), Barrick Gold Corporation (NYSE: GOLD) (TSX: ABX), Franco-NevadaCorporation (NYSE: FNV) (TSX: FNV), i-80 GOLD CORP.(OTCQX: IAUCF)(TSX: IAU), Newmont Corporation(NYSE: NEM) (TSX: NGT).
  • The reverse circulation program targeted the main oxide gold zone as well as the intrusive gold target.

Salazar Resources Acquires Mineral Title to El Potro Copper-Gold Project, Loja, Ecuador

Monday, September 20, 2021 - 11:45am

The acquisition price to be paid to the vendors by Salazar Resources over a five-year period totals US$ 1,150,000 of which US$ 50,000 has been paid.

Key Points: 
  • The acquisition price to be paid to the vendors by Salazar Resources over a five-year period totals US$ 1,150,000 of which US$ 50,000 has been paid.
  • Salazar Resources is focused on creating value and positive change through discovery, exploration and development in Ecuador.
  • Salazar Resources has a wholly owned pipeline of copper-gold exploration projects across Ecuador with a strategy to make another commercial discovery and farm-out non-core assets.
  • At its maiden discovery, Curipamba, Salazar Resources has a 25% stake fully carried through to production.

Copper Fox Provides Corporate Update

Wednesday, September 15, 2021 - 9:33pm

Calgary, Alberta--(Newsfile Corp. - September 15, 2021) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) ("Copper Fox" or the "Company") is pleased to provide an update on activities in advance of the Company's Annual General Meeting to be held on September 16, 2021.

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - September 15, 2021) - Copper Fox Metals Inc. (TSXV: CUU) (OTCQX: CPFXF) ("Copper Fox" or the "Company") is pleased to provide an update on activities in advance of the Company's Annual General Meeting to be held on September 16, 2021.
  • Copper Fox is a Tier 1 Canadian resource company focused on copper exploration and development in Canada and the United States.
  • The principal assets of Copper Fox and its wholly owned Canadian and United States subsidiaries, being Northern Fox Copper Inc. and Desert Fox Copper Inc., are the 25% interest in the Schaft Creek Joint Venture with Teck Resources Limited on the Schaft Creek copper-gold-molybdenum-silver project located in northwestern British Columbia and the 100% ownership of the Van Dyke oxide copper project located in Miami, Arizona.
  • A more complete discussion of the risks and uncertainties facing Copper Fox is disclosed in Copper Fox's continuous disclosure filings with Canadian securities regulatory authorities at www.sedar.com .

Sonoro Announces Positive PEA Results and Updated Mineral Resource Estimate for the Cerro Caliche Gold Project Which Demonstrates a Pre-Tax NPV of US$68.7 Million and an IRR of 52.7%

Wednesday, September 15, 2021 - 5:44pm

Pre-Tax NPV (5% discount rate) of US$68.7 million and an IRR of 52.7% with a price of US$1,750 per ounce of gold and US$22.00 per ounce of silver.

Key Points: 
  • Pre-Tax NPV (5% discount rate) of US$68.7 million and an IRR of 52.7% with a price of US$1,750 per ounce of gold and US$22.00 per ounce of silver.
  • Gold recovery of 74% and silver recovery of 27% produced from a 3-stage crushing circuit, crushing the ore to p80 of .
  • Updated Mineral Resource Estimate Highlights at 0.207 g/t Au Cut-off:
    Measured and Indicated Mineral Resources of 349,000 ounces of gold at a 0.41 g/t Au grade.
  • The PEA really highlights the intrinsic value and potential economic viability of the Cerro Caliche project, said Mel Herdrick, VP Exploration of Sonoro Gold.