ENE

ATHA Energy Discovers High-Priority Electromagnetic Target Coincident With 11.3% U308 Boulder Sample

Retrieved on: 
Wednesday, January 31, 2024
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VANCOUVER, British Columbia, Jan. 31, 2024 (GLOBE NEWSWIRE) -- ATHA Energy Corp. (CSE: SASK) (FRA: X5U) (OTCQB: SASKF) (“ATHA” or the “Company”), holder of the largest uranium exploration portfolio in two of the highest-grade uranium districts in the world, is pleased to announce results from its large-scale electromagnetic (“EM”) surveys at its 100%-owned North Beacon Project and North Crest Project (together, the “Projects”). The Projects are located in Saskatchewan’s Athabasca Basin, within the Company’s North Rim Exploration District (the “North Rim Exploration District”).

Key Points: 
  • The survey results indicate that both Projects are prospective for hosting Unconformity and Basement styles of uranium mineralization.
  • The Projects are located in Saskatchewan’s Athabasca Basin, within the Company’s North Rim Exploration District (the “North Rim Exploration District”).
  • Historic showings in the area have identified anomalous surface geochemistry coincident with the magnetic lows and conductive highs in the ZTEM.
  • The ATHA transactions with Latitude and 92E are expected to respectively close in Q1 2024 and Q2 2024.

De Grey to Invest A$25 Million to Earn 50% in Egina JV and Complete A$10 Million Cornerstone Investment

Retrieved on: 
Wednesday, June 21, 2023
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km, through an earn-in and joint venture (“Egina JV”) under a binding Heads of Agreement (the “Agreement”).

Key Points: 
  • km, through an earn-in and joint venture (“Egina JV”) under a binding Heads of Agreement (the “Agreement”).
  • De Grey will manage all exploration under the earn-in and become the manager of the Egina JV once established.
  • The cornerstone private placement to De Grey will be completed at Novo's current spot price of C$0.255 per common share.
  • This transaction with De Grey will result in Novo having an unaudited consolidated cash position of approximately C$29.8 million / A$33.0 million.

Novo Resources: Further Standout Becher Gold Results Highlight Encouraging Growth Potential

Retrieved on: 
Tuesday, May 23, 2023
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VANCOUVER, British Columbia, May 23, 2023 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to report continued outstanding results from the 2023 AC drilling program at Becher. Results referred to in this news release are not necessarily representative of mineralisation throughout the Egina Gold Camp.

Key Points: 
  • Becher is located in the northern section of the Egina Gold Camp 28 km along trend from De Grey Mining Limited’s 10.6 Moz Au (JORC 2012)1 Mallina Gold Project.
  • Commenting on the drill program, Novo Executive Co-Chairman and Acting CEO Mike Spreadborough said, “We are very excited by further standout assay results from our Becher Project, which is located in the Egina Gold Camp.
  • Novo has discovered a large broad area of gold anomalism with recent drilling now confirming gold mineralisation extending into the underlying intrusions and sandstone rock units adjacent to De Grey’s Mallina Gold Project.
  • Results referred to in this news release are not necessarily representative of mineralisation throughout the Egina Gold Camp.

Novo Resources: Drilling Underway at Highly Prospective Becher Project

Retrieved on: 
Friday, May 5, 2023
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+20,000 m aircore (“AC”) drilling program underway in the northern Egina Gold Camp at Novo’s flagship Becher Project, located in the Pilbara, Western Australia.

Key Points: 
  • +20,000 m aircore (“AC”) drilling program underway in the northern Egina Gold Camp at Novo’s flagship Becher Project, located in the Pilbara, Western Australia.
  • 2 While certain aspects of Becher mineralisation seem analogous to that at the Mallina Gold Project as disclosed by De Grey Mining’s Mallina Gold Project, mineralisation is not necessarily representative of mineralisation throughout the Becher Area or the Egina Gold Camp.
  • VANCOUVER, British Columbia, May 05, 2023 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) is pleased to announce the commencement of a +20,000 m AC drilling program at the Company’s flagship Becher Project (“Becher” or “the Project”), located in the northern sector of the Egina Gold Camp (“Egina”).
  • The Becher Area (E47/3673, 100%-owned by Novo) contains multiple high-priority orogenic gold targets under shallow cover in the highly prospective, yet under-explored Mallina Basin.

Lomiko Identifies 55 New Prospective Targets in the Grenville Graphite Mineral Belt and Updates Exploration on Bourier Lithium Project

Retrieved on: 
Tuesday, February 21, 2023
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Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce the following regional exploration updates.

Key Points: 
  • Lomiko Metals Inc. (TSX.V: LMR) (“Lomiko Metals” or the “Company”) is pleased to announce the following regional exploration updates.
  • These new claim blocks lie within a 100 km radius of the Company’s flagship La Loutre graphite project.
  • We intend to follow up on the prospective targets identified on all six properties with Beep-Map prospecting and sampling later in 2023.
  • Seven linear TDEM trends show strong correlation with magnetic trends and are considered prospective targets for graphite-sulphide mineralization.

New Compelling Rock Chip sample assays reported for REEs at the Arctic Fox Project

Retrieved on: 
Tuesday, February 7, 2023
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In summary, a total of 58 samples were taken at the Arctic Fox Project.

Key Points: 
  • In summary, a total of 58 samples were taken at the Arctic Fox Project.
  • The Arctic Fox Project is located circa 185 km by road north-west of Alice Springs in the Northern Territory (refer Figure 2).
  • The technical team believe the style mineralization being targeted within the Artic Fox Project is comparable to that apparent at Nolan's Bore.
  • Mineralization on any other properties referred to herein is not necessarily indicative of mineralization on the Arctic Fox and Isbjorn Properties.

FirstLight Power and Reading Municipal Light Department Enter Power Purchase Agreement for all the Output of the Falls Village Hydro Facility

Retrieved on: 
Wednesday, January 18, 2023
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FirstLight Power, a leading clean provider of renewable energy and energy storage resources, today announced the extension of the company’s power purchase agreement with Reading Municipal Light Department (RMLD).

Key Points: 
  • FirstLight Power, a leading clean provider of renewable energy and energy storage resources, today announced the extension of the company’s power purchase agreement with Reading Municipal Light Department (RMLD).
  • “We are thrilled to extend our collaboration with the Reading Municipal Light Department, which will help deliver clean, reliable, and cost-competitive electricity to RMLD ratepayers,” said Peter Rider, Senior Vice President of Commercial Operations of FirstLight Power.
  • As part of the agreement with RMLD, FirstLight’s Falls Village Station, which is located in Falls Village, CT, will supply the municipality with energy and renewable energy credits.
  • Falls Village is a three-unit hydroelectric station on the Housatonic River and the facility is qualified as a Class I (CT Class I) renewable run-of-river energy facility.

Nicola Provides Year in Review: 2022

Retrieved on: 
Tuesday, December 20, 2022
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Vancouver, British Columbia--(Newsfile Corp. - December 20, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola") is providing "Year in Review: 2022", with the hope that it provides additional clarity on several key milestones that were achieved in 2022.

Key Points: 
  • Vancouver, British Columbia--(Newsfile Corp. - December 20, 2022) - Nicola Mining Inc. (TSXV: NIM) (FSE: HLI) (OTCQB: HUSIF) (the "Company" or "Nicola") is providing "Year in Review: 2022", with the hope that it provides additional clarity on several key milestones that were achieved in 2022.
  • On March 14, 2022, Nicola announced that it had entered into a Rock and Gravel Extraction and Preferential Engagement Agreement (the "Agreement") with Lower Nicola Site Services Ltd. ("LNSS") an indirectly majority-owned company.
  • LNSS is a partnership between the Lower Nicola Indian Band Development Corporation and Infracon Construction Inc.
  • Last month, on November 21, 2022, we announced that we had received a multi-year area-based exploration permit, Permit Number MX-4-697 (the "MYAB Permit4"), on November 3, 2022.

FirstLight Power and Energy New England Expand Landmark Power Purchase Agreement to Advance Massachusetts’ Clean Energy Goals for Municipal Utilities

Retrieved on: 
Tuesday, October 4, 2022
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FirstLight Power, a leading clean provider of renewable energy and energy storage resources, today announced the expansion of the companys landmark municipal electric department purchase agreement with Energy New England (ENE).

Key Points: 
  • FirstLight Power, a leading clean provider of renewable energy and energy storage resources, today announced the expansion of the companys landmark municipal electric department purchase agreement with Energy New England (ENE).
  • We are pleased to build on our successful collaboration with Energy New England by expanding our power purchase agreements with Massachusetts municipal utilities.
  • These thirteen communities are showing tremendous climate leadership by choosing locally-produced, cost-competitive, and clean hydropower to advance their own clean energy goals, said Alicia Barton, President and CEO of FirstLight Power.
  • In addition, it expands on the successful partnership with ENE and power purchase agreement that FirstLight entered with 21 municipal utilities in 2020, which at the time represented the largest renewable energy purchase by municipal utilities in New England to date.

Nicola Mining Provides Exploration Update Including Results from Recently Completed ZTEM Survey

Retrieved on: 
Tuesday, September 13, 2022
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The Z-axis Tipper Electromagnetic ("ZTEM") survey has imaged the electrical conductivity signature of known mineral occurrences ("MINFILEs1") in the province of British Columbia.

Key Points: 
  • The Z-axis Tipper Electromagnetic ("ZTEM") survey has imaged the electrical conductivity signature of known mineral occurrences ("MINFILEs1") in the province of British Columbia.
  • ZTEM has produced similar comparable signatures in other locations within the district of the Property.
  • The Company is continuing data compilation and interpretation to better refine targets for a drilling exploration program upon receipt of the multi-year area-based ("MYAB1") exploration permit.
  • A 1,029 line-kilometre ZTEM survey was completed across a 184 square kilometre block covering the New Craigmont Property.