Kuangqu

MUZHU MINING PROVIDES INFORMATION ON XWG SILVER PROPERTY ADJACENT TO SILVERCORP METALS

Retrieved on: 
Tuesday, February 1, 2022
Metal, CSE, Geology, MUZU, National Instrument 43-101, Vein, Kuangqu, LM, HPG, Property, Silvercorp Metals, GLOBE, News, Silvercorp, TLP, National instrument, Copper, Uranium, Silver, Copper, Lead, Zinc

Vancouver, B.C., Feb. 01, 2022 (GLOBE NEWSWIRE) -- Muzhu Mining Ltd. (“Muzhu” or the “Company”) (CSE: MUZU) is pleased to provide additional material on the Xiao Wa Gou property (XWG) (“the Property”) adjacent to Silvercorp Metals Inc. located in Henan Province, China where Muzhu can earn up to an 80% interest (MUZU press release dated November 22nd, 2021)   The silver-lead-zinc XWG Property covers an area of 213 hectares and is situated in the Xiayu Township, in the southwestern part of Luoning County, Henan Province, in the People’s Republic of China. The Property offers near term potential for the production of silver, lead, zinc and copper due to the presence of numerous mineralized veins and its proximity to a number of operating mines owned by Silvercorp Metals Inc. (“Silvercorp”)  

Key Points: 
  • The TLP and LM mines are immediately adjacent to the northeast of the XWG Property.
  • The Property is in the southeast portion of the Ying Mining District, immediately adjacent, to the southwest, of the TLP and LM mines.
  • Approximately 224 mineralized veins have been identified to date at mines owned by Silvercorp in the District adjacent to the XWG Property.
  • With infrastructure in place for Muzhu Mining to potentially take advantage of Silver and Zinc market prices and a bullish outlook for the metals, Muzhu looks forward to commencing work on the XWG property throughout 2022.

Radio Fuels Announces Closing of Share Purchase Transaction

Retrieved on: 
Thursday, December 16, 2021
Brock University, Acquisition, Executive, Vice president, Gold, Company, Vendor, Kuangqu, Sale, Bachelor of Science, Corporate development, History of the University of Maryland, College Park, Mining, District, Geology, Radio, Transaction, Indian stock exchange, VP, UEC, MBA, University, Regulation and licensure in engineering, Person, Corporate communication, News, Security (finance), Management, Economics

Toronto, Ontario--(Newsfile Corp. - December 16, 2021) - Radio Fuels Energy Corp. (formerly, Mainstream Minerals Corporation) (the "Company") is pleased to announce that, further to its press release dated September 14, 2021, the Company has acquired (the "Transaction") all of the issued and outstanding shares of Radio Fuels Resources Corp. ("Radio Fuels"), pursuant to the terms of a share purchase agreement dated September 14, 2021, entered into between the Company, Radio Fuels shareholders of Radio Fuels (collectively, the "Vendors").

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - December 16, 2021) - Radio Fuels Energy Corp. (formerly, Mainstream Minerals Corporation) (the "Company") is pleased to announce that, further to its press release dated September 14, 2021, the Company has acquired (the "Transaction") all of the issued and outstanding shares of Radio Fuels Resources Corp. ("Radio Fuels"), pursuant to the terms of a share purchase agreement dated September 14, 2021, entered into between the Company, Radio Fuels shareholders of Radio Fuels (collectively, the "Vendors").
  • Radio Fuels' sole asset is a 100% interest in certain mineral claims and leases located in the Mining District of Sault St. Marie, Ontario.
  • As consideration for the Transaction, the Company issued an aggregate of 58,823,529 common shares in the capital of the Company (the "Consideration Shares") to the Vendors at a deemed price of $0.34 per Consideration Share.
  • The Common Shares issued pursuant to the Acquisition will be subject to a regulatory four month hold period.

Silvercorp to Highlight Innovative Waste Reduction Initiatives in Upcoming Annual Sustainability Report

Retrieved on: 
Monday, September 27, 2021
News, Goal, Air pollution, Insurance, Public expenditure, USD, Efficiency, ESG, Risk, TSX, Silvercorp, Multimedia, Kuangqu, Metal, Phrase, Private Securities Litigation Reform Act, CEO, Acquisition, Company, Waste management, SVM, Mining, Silvercorp Metals, GC, Technology, Construction, View, Lead, Safety, Forward-looking statement, Electricity, NYSE, Recycling, Silver, Sand, Budget, Uranium, Risk management

VANCOUVER, BC, Sept. 27, 2021 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) is pleased to report on innovative waste reduction initiatives undertaken at the Company's mines.

Key Points: 
  • VANCOUVER, BC, Sept. 27, 2021 /PRNewswire/ - Silvercorp Metals Inc. ("Silvercorp" or the "Company") (TSX: SVM) (NYSE American: SVM) is pleased to report on innovative waste reduction initiatives undertaken at the Company's mines.
  • Silvercorp strives to create "Green Mines" and pursue sustainable development initiatives throughout the mining lifecycle by integrating efficient technology and innovative systems into mine planning and ESG management practices.
  • We are proud to integrate innovative sustainable development initiatives at our operations."
  • The mining activities at the Ying Mining District have historically produced volumes of waste rock that require a substantial amount of land for storage.

Mainstream Share Purchase Agreement with Radio Fuels

Retrieved on: 
Tuesday, September 14, 2021
Transfer, Transaction, Techno-economic assessment, Base case, Escrow, REO, National instrument, Unit, Company, Mining, United States v. Extreme Associates, Inc., Qualified person (European Union), Uranium, Property, City, Person, PEA, The Company, Kuangqu, Acquisition, Sale, Offering, News, Security (finance), Real estate, Bank, Lease

Toronto, Ontario--(Newsfile Corp. - September 14, 2021) - Mainstream Minerals Corporation (the "Company") is pleased to announce that it has entered into a share purchase agreement dated September 14, 2021 (the "Share Purchase Agreement"), with Radio Fuels Resources Corp. ("Radio Fuels") and the shareholders of Radio Fuels (collectively, the "Vendors"), pursuant to which the Company has agreed to acquire all of the issued and outstanding shares of Radio Fuels (the "Transaction").

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - September 14, 2021) - Mainstream Minerals Corporation (the "Company") is pleased to announce that it has entered into a share purchase agreement dated September 14, 2021 (the "Share Purchase Agreement"), with Radio Fuels Resources Corp. ("Radio Fuels") and the shareholders of Radio Fuels (collectively, the "Vendors"), pursuant to which the Company has agreed to acquire all of the issued and outstanding shares of Radio Fuels (the "Transaction").
  • Radio Fuels is a private company formed under the laws of Ontario, whose sole asset is a 100% interest in certain mineral claims and leases located in the Mining District of Sault St. Marie, Ontario (the "Property").
  • The Elliot Lake camp has historically produced more than 270 million pounds of U3O8 from vast, strata-bound deposits.
  • The Units to be issued upon conversion of the Subscription Receipts will be comprised of one common share of the Company (a "Unit Share") and one-half of one whole common share purchase warrant (each whole warrant, a "Warrant").