Geology

Bedrock conditions in Finnish mine project ideal

Retrieved on: 
Wednesday, April 10, 2024

Stockholm, 18 March 2024 – The mining company Eurobattery Minerals AB (Nordic Growth Market: “ BAT ” and Börse Stuttgart: “ EBM ”; in short: “EBM”, “Eurobattery” or “the Company”) today announced positive results on research proving that the bedrock conditions in its Finnish Hautalampi battery minerals mine project are ideal for future mining operations.

Key Points: 
  • Stockholm, 18 March 2024 – The mining company Eurobattery Minerals AB (Nordic Growth Market: “ BAT ” and Börse Stuttgart: “ EBM ”; in short: “EBM”, “Eurobattery” or “the Company”) today announced positive results on research proving that the bedrock conditions in its Finnish Hautalampi battery minerals mine project are ideal for future mining operations.
  • With the analysis ready, it can be concluded that the shear zones follow the geology of the bedrock, and no larger dominant shear zones were found, i.e., the bedrock conditions in Hautalampi are favorable for mining operations.
  • “As the Hautalampi project is located on an old mining ground, we knew already that the geology was suitable for further mining.
  • Yet, the results from the geophysical tests further cement that our Hautalampi battery minerals mine project has all the preconditions to be an important source of responsibly mined battery minerals.

A.I.S. to Focus Efforts on Gold Exploration in Australia

Retrieved on: 
Tuesday, April 9, 2024

Resources Limited ( TSX-V: AIS, OTC-PINK: AISSF, FRA: 5YHA ) (the “Company” or “AIS”) announces a renewed focus on gold exploration in Australia.

Key Points: 
  • Resources Limited ( TSX-V: AIS, OTC-PINK: AISSF, FRA: 5YHA ) (the “Company” or “AIS”) announces a renewed focus on gold exploration in Australia.
  • AIS will receive 15% of gold sales revenue emanating from the Vendor’s mining activities outside of the Vendor’s prospecting license.
  • Andrew Neale, President & CEO of AIS commented, “The significant increase in gold prices has renewed interest in gold exploration, and the three properties in Australia are ready for immediate on-site work.
  • In early March, AIS completed a 1-for-10 reverse stock split as part of ongoing corporate restructuring efforts, reducing the total share count to approximately 20 million shares

Rockridge Receives Exploration and Drilling Permit for its Flagship Knife Lake Copper Project in Saskatchewan

Retrieved on: 
Tuesday, April 9, 2024

Vancouver, BC, April 09, 2024 (GLOBE NEWSWIRE) -- Rockridge Resources Ltd. (TSX-V: ROCK ) (OTCQB: RRRLF ) (Frankfurt: RR0 ) (“Rockridge” or the “Company”) is pleased to announce that it has received an Exploration Permit for its 100% owned Knife Lake Copper Project located in Saskatchewan, Canada (the “Knife Lake Project” or “Property”).

Key Points: 
  • Vancouver, BC, April 09, 2024 (GLOBE NEWSWIRE) -- Rockridge Resources Ltd. (TSX-V: ROCK ) (OTCQB: RRRLF ) (Frankfurt: RR0 ) (“Rockridge” or the “Company”) is pleased to announce that it has received an Exploration Permit for its 100% owned Knife Lake Copper Project located in Saskatchewan, Canada (the “Knife Lake Project” or “Property”).
  • The Knife Lake Project, consisting of 82 claims totaling 56,865 hectares (140,516 acres), is an advanced-stage copper, silver, zinc and cobalt exploration property in Saskatchewan host to the Knife Lake Deposit.
  • Knife Lake VMS Project Location Map:
    Specifically, the permit covers mineral exploration activities including prospecting, mapping, ground/airborne geophysical surveys, drilling up to 70 drill holes, and storing core.
  • We have identified some key targets for further exploration and we are planning future drilling at the high-grade Knife Lake Project."

Itronics Positioned to Benefit From Historic High and Rising Gold Prices

Retrieved on: 
Thursday, April 4, 2024

Gold, silver, and other precious metals have made a sustained push toward historically high prices over the last several months.

Key Points: 
  • Gold, silver, and other precious metals have made a sustained push toward historically high prices over the last several months.
  • Itronics is currently engaged in three significant technology areas enhancing non-cyanide gold recovery, alongside a technique to improve cyanide-based heap leach gold recovery processes.
  • This is an Itronics technology advantage that provides a measurable economic benefit and increases the significance of rising gold and silver prices.
  • “By leveraging its ability to maximize the recovery of value from metals resources, Itronics, its clients, and its investors stand to benefit greatly by the historic rise in gold prices,” said Itronics President Dr. John Whitney.

Koryx Copper Intersects 168.60 Metres at 0.40% Cu Eq Including Multiple 2 m Intersections >1.00% Cu Eq and 34.00 m at 0.73% Cu Eq Including 2 m at 2.28% Cu Eq

Retrieved on: 
Thursday, April 4, 2024

VANCOUVER, British Columbia, April 04, 2024 (GLOBE NEWSWIRE) -- Koryx Copper Inc. ("Koryx" or “the Company") (TSX-V: KRY) announces the third assay results from its current drilling program at its Haib Copper project in southern Namibia.  The Company’s latest four drill holes continue to confirm that the deposit can deliver high grades over substantial widths within the known historical resource.

Key Points: 
  • CuEq (copper equivalent) has been used to express the combined value of copper and molybdenum and is provided for illustrative purposes only.
  • Also half-way up the southern slope it too was positioned to close the sample spacing in this part of Pit1.
  • HM39 was drilled west of and parallel to HM34 and was positioned to close the sample spacing in this direction.
  • Over time, it has seen several transformations including shearing and faulting events that appear to have further concentrated Cu and Mo.

Greenridge Exploration Provides Technical Review of its Nut Lake Uranium Project in Thelon Basin, Nunavut

Retrieved on: 
Thursday, April 4, 2024

VANCOUVER, British Columbia, April 04, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3), is pleased to announce it has undertaken a detailed technical review of the Nut Lake Uranium Project (the “Nut Lake Property” or the “Project”) located in the Thelon Basin in Nunavut.

Key Points: 
  • VANCOUVER, British Columbia, April 04, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3), is pleased to announce it has undertaken a detailed technical review of the Nut Lake Uranium Project (the “Nut Lake Property” or the “Project”) located in the Thelon Basin in Nunavut.
  • The Project covers approximately 4,036 hectares near the Northern Tip of the Yathkyed Basin, a sub-basin of the Thelon Basin (Please see Figure 1).
  • Russell Starr, Chief Executive Officer of the Company, commented, “We continue to unveil more exciting geological information at the Nut Lake Uranium Project.
  • The Thelon Basin and sub basins are extremely underexplored compared to the world renowned Athabasca Basin just to the south.

Calibre’s Valentine Gold Mine Property-Wide Exploration Program Underway With Initial Drill Program Southwest of the Leprechaun Deposit Following Recent Discovery Drilling Including 46 g/t Gold Over 5.3 Metres

Retrieved on: 
Wednesday, April 3, 2024

Our initial exploration focuses on prioritizing new regional target identification along with resource expansion in previously drilled areas.

Key Points: 
  • Our initial exploration focuses on prioritizing new regional target identification along with resource expansion in previously drilled areas.
  • Below the Marathon, Berry and Leprechaun pits the gold system remains open for expansion and we see excellent potential for additional high-grade gold mineralization as supported by drill results including 150.27 g/t Au over 4.3 metres.
  • This mineralization is trending southwest along the VLSZ toward Frank ( Calibre Reports Positive Drill Results February 6, 2024 news release ).
  • (NL), Calibre Mining’s Vice President, Geology and Exploration for Canada, and a "Qualified Person" under National Instrument 43-101.

Aura Reports Updated Mineral Reserves and Mineral Resources

Retrieved on: 
Tuesday, April 2, 2024

The charts below show changes in P&P Mineral Reserves, M&I Mineral Resources and Inferred Mineral Resources for the Aranzazu Mine as of December 31, 2023 compared to December 31, 2022.

Key Points: 
  • The charts below show changes in P&P Mineral Reserves, M&I Mineral Resources and Inferred Mineral Resources for the Aranzazu Mine as of December 31, 2023 compared to December 31, 2022.
  • The charts below show changes in P&P Mineral Reserves Estimates, M&I Mineral Resources Estimates and Inferred Mineral Resources Estimates for Apoena as of December 31, 2023, compared to December 31, 2022.
  • Mineral Reserves estimated by Aura total approximately 34.5 Mt in P&P Mineral Reserves at an average grade of 0.50 g/t Au.
  • Borborema also showcases a strong Mineral Reserve base, with Probable Mineral Reserves of 812,000 oz gold, and an extensive Mineral Resource profile with strong growth potential that consists of 2,077 koz of indicated Mineral Resources and 393 koz of Inferred Mineral Resources.

AM Resources Identifies 49 New Pegmatites on its Significant Land Package in the Austrian Pegmatite Belt

Retrieved on: 
Thursday, March 28, 2024

Recently announced 1,500 km2 land package gives AM Resources control over a large area of the Austrian Pegmatite Belt (see press release dated March 21, 2024).

Key Points: 
  • Recently announced 1,500 km2 land package gives AM Resources control over a large area of the Austrian Pegmatite Belt (see press release dated March 21, 2024).
  • These pegmatites consolidate the Company’s strategic position in one of Austria’s most prospective lithium areas.
  • Located just 1 km southwest of the Frederick property, the Valerie property hosts 27 pegmatites over an area of 7.2 km2.
  • Mr. Lafleur is independent from the Company and has reviewed and approved the disclosure of the AM Resources geological information.

Ninepoint Partners Announces Second Closing of Ninepoint 2024 Short Duration Flow-Through Limited Partnership

Retrieved on: 
Wednesday, March 27, 2024

TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Ninepoint Partners LP (“Ninepoint”) is pleased to announce that the Ninepoint 2024 Short Duration Flow-Through Limited Partnership (the “Partnership”) has completed the second closing in connection with its offering of limited partnership units of the National Class and the Québec Class (together, the “Units”) pursuant to a prospectus dated January 30, 2024.

Key Points: 
  • TORONTO, March 27, 2024 (GLOBE NEWSWIRE) -- Ninepoint Partners LP (“Ninepoint”) is pleased to announce that the Ninepoint 2024 Short Duration Flow-Through Limited Partnership (the “Partnership”) has completed the second closing in connection with its offering of limited partnership units of the National Class and the Québec Class (together, the “Units”) pursuant to a prospectus dated January 30, 2024.
  • The Partnership raised $6,135,050 on the sale of an additional 241,832 National Class Units and 3,570 Québec Class Units for aggregate gross proceeds of $25,650,075.
  • The Partnership will have a third and final closing in respect of the Units on or about April 25, 2024.
  • The Partnership intends to provide liquidity to limited partners through a roll-over to the Ninepoint Resource Fund Class on or before June 30, 2025 with such liquidity event not expected to occur before February 2025.