Geology

NorthWest Copper Receives First Payment from Property Option Agreement

Retrieved on: 
Friday, March 11, 2022

VANCOUVER, British Columbia, March 11, 2022 (GLOBE NEWSWIRE) -- NorthWest Copper Corp. (NorthWest Copper or the Company) (TSX-V: NWST) (OTCQX: NWCCF) is pleased to announce that it has received 267,159 common shares from Alpha Copper Corp (Alpha) (CSE: ALCU) representing the first payment under a property option agreement dated January 13, 2022 among Eastfield Resources Ltd., Alpha and the Company (the Option Agreement).

Key Points: 
  • VANCOUVER, British Columbia, March 11, 2022 (GLOBE NEWSWIRE) -- NorthWest Copper Corp. (NorthWest Copper or the Company) (TSX-V: NWST) (OTCQX: NWCCF) is pleased to announce that it has received 267,159 common shares from Alpha Copper Corp (Alpha) (CSE: ALCU) representing the first payment under a property option agreement dated January 13, 2022 among Eastfield Resources Ltd., Alpha and the Company (the Option Agreement).
  • It consists of 12 contiguous claims totaling 4,614 hectares and is beneficially owned 100% by NorthWest, subject to the Option Agreement.
  • With a robust portfolio in a tier one jurisdiction, NorthWest Copper is well positioned to participate fully in a strengthening global copper market.
  • NorthWest Copper does not undertake any obligation to update forward-looking information except as required by applicable securities laws.

Coeur Announces Appointment of Exploration Leadership Successor

Retrieved on: 
Thursday, March 10, 2022

Coeur Mining, Inc. (Coeur or the Company) (NYSE: CDE) today announced Aoife McGrath will join the Company as Senior Vice President of Exploration, effective next month.

Key Points: 
  • Coeur Mining, Inc. (Coeur or the Company) (NYSE: CDE) today announced Aoife McGrath will join the Company as Senior Vice President of Exploration, effective next month.
  • Ms. McGrath will assume leadership of Coeurs exploration efforts from Hans Rasmussen, who plans to retire as previously announced.
  • We look forward to her leadership across our exploration initiatives, especially with the large pipeline of opportunities the Company has in the coming years.
  • Ms. McGrath has over 20 years of mining industry experience, spanning all stages of exploration from greenfield works to continental-scale exploration programs.

Callinex Defines Highly Conductive Target Off-hole from Copper, Zinc, Gold and Silver Bearing Massive Sulphides at Pine Bay Project, MB

Retrieved on: 
Thursday, March 10, 2022

Millrock is a term used to refer to talus breccia that occurs along major growth faults controlling volcanogenic massive sulphide ("VMS") deposits.

Key Points: 
  • Millrock is a term used to refer to talus breccia that occurs along major growth faults controlling volcanogenic massive sulphide ("VMS") deposits.
  • The Pine Root River Millrock area at Pine Bay is analogous to the Millrock Hill in Flin Flon ( Examples of Millrock Hill and Pine Root Millrock ).
  • Drill hole PBM-166 intersected 1.5 meters of massive sulphides with elevated copper, zinc gold and silver.
  • Anomaly A sits off-hole of the base and precious metal bearing massive sulphides intersected in drill hole PBM-166.

Indonesia Energy Mobilizes Drilling Rig to Commence Drilling of Two Back-to-Back Production Wells at Kruh Block

Retrieved on: 
Thursday, March 10, 2022

JAKARTA, INDONESIA AND DANVILLE, CA, March 10, 2022 (GLOBE NEWSWIRE) -- Indonesia Energy Corporation Limited (NYSE American: INDO) (IEC), an oil and gas exploration and production company focused on Indonesia, today announced that the company has mobilized the drilling rig to drill 2 back-to-back producing wells (named the K-27 and K-28 well) at its 63,000-acre Kruh Block.

Key Points: 
  • The mobilization of the rig represents a milestone in IECs previously announced plan to drill two new wells at Kruh Block during the first quarter of 2022.
  • These wells are the continuation of IECs previously announced drilling campaign to complete a total of 18 new production wells in Kruh Block by the end of 2024.
  • The Kruh Block is located on Sumatra Island where IEC is already producing oil from 5 existing wells.
  • Indonesia Energy Corporation Limited (NYSE American: INDO) is a publicly traded energy company engaged in the acquisition and development of strategic, high growth energy projects in Indonesia.

NorthWest Copper Announces Successful Step-Out Results From 2021 Kwanika Drilling. Mineralization Encountered Outside the Resource Areas With 137 Metres of 0.52% CuEq Including 34 Metres of 1.30% CuEq

Retrieved on: 
Thursday, March 10, 2022

NorthWest Copper is a new copper-gold explorer and developer with an exciting pipeline of projects in British Columbia.

Key Points: 
  • NorthWest Copper is a new copper-gold explorer and developer with an exciting pipeline of projects in British Columbia.
  • With a robust portfolio in a tier one jurisdiction, Northwest Copper is well positioned to participate fully in a strengthening global copper market.
  • The following equation was used to calculate copper equivalence: CuEq = Copper (%) + (Gold (g/t) x 0.7182) + (Silver (g/t) x 0.0090).
  • The following equation was used to calculate copper equivalence: CuEq = Copper (%) + (Gold (g/t) x 0.7182) + (Silver (g/t) x 0.0090) + (Molybdenum (%) x 2.77).

Ranchero Gold Further Strengthens Its Board Of Directors

Retrieved on: 
Thursday, March 10, 2022

VANCOUVER, British Columbia, March 10, 2022 (GLOBE NEWSWIRE) -- Ranchero Gold Corp. (Ranchero or the Company) (TSX.V:RNCH) is pleased to announce the appointment of Chris Bradbrook and Brian Szeto, the Companys President, to its Board of Directors (Board).

Key Points: 
  • VANCOUVER, British Columbia, March 10, 2022 (GLOBE NEWSWIRE) -- Ranchero Gold Corp. (Ranchero or the Company) (TSX.V:RNCH) is pleased to announce the appointment of Chris Bradbrook and Brian Szeto, the Companys President, to its Board of Directors (Board).
  • Gustavo Mazn, Chairman of Ranchero stated: We are extremely pleased to appoint Chris Bradbrook and Brian Szeto to the Board during a very exciting time in the growth phase of Ranchero.
  • His exploration successes while at Mulatos resulted in an addition of over two million ounces of gold reserves (five million ounces of gold resources).
  • Ranchero is a gold exploration and development company currently focused on its 100%-owned Santa Daniela project located in Sonora, Mexico.

SIUE Awarded $1.5M for Watershed Scholars Graduate Program

Retrieved on: 
Thursday, March 10, 2022

Participating graduate students will receive a tuition waiver and a $10,000 scholarship for each of the two years of their master's program.

Key Points: 
  • Participating graduate students will receive a tuition waiver and a $10,000 scholarship for each of the two years of their master's program.
  • Over the project's six-year duration, 45 scholarships will be funded for students pursuing graduate degrees in environmental sciences, civil engineering, biology or chemistry.
  • "The Watershed Scholars Program will develop scholars whose research will contribute to the scientific understanding of sustainable watersheds using a variety of interdisciplinary approaches and cross-cutting skills frequently sought by local and regional employers," said Martinez.
  • To learn more about the S-STEM Watershed Scholars Program and to apply, visit SIUESTEMCenter.org/s-stem-watershed-scholars-program .

Piedmont Completes Preliminary Economic Assessment for Second U.S. Lithium Hydroxide Plant

Retrieved on: 
Wednesday, March 9, 2022

Piedmont Lithium Inc. (Piedmont or the Company) is pleased to report the results of a Preliminary Economic Assessment (PEA) for a proposed merchant lithium hydroxide plant (LHP-2) to expand Piedmonts planned U.S. manufacturing capacity to 60,000 metric tons per year of lithium hydroxide.

Key Points: 
  • Piedmont Lithium Inc. (Piedmont or the Company) is pleased to report the results of a Preliminary Economic Assessment (PEA) for a proposed merchant lithium hydroxide plant (LHP-2) to expand Piedmonts planned U.S. manufacturing capacity to 60,000 metric tons per year of lithium hydroxide.
  • The PEA assumes a 30-year life of operations with production of 30,000 metric tons per year of battery grade lithium hydroxide.
  • Projected capital costs are $572 million, with steady-state, all-in sustaining lithium hydroxide production costs estimated to be approximately $10,630 per metric ton (t).
  • The potential lithium volume these battery plants will require reinforces the importance of developing a domestic lithium supply chain and solidifies our decision to aggressively evaluate and pursue expansion opportunities for a second lithium hydroxide plant.

American Lithium to Present at the 34th Annual Roth Conference

Retrieved on: 
Wednesday, March 9, 2022

This news release contains certain forward-looking information and forward-looking statements (collectively forward-looking statements) within the meaning of applicable securities legislation.

Key Points: 
  • This news release contains certain forward-looking information and forward-looking statements (collectively forward-looking statements) within the meaning of applicable securities legislation.
  • Forward-looking statements in this news release include, but are not limited to, statements regarding the ability to appeal the judicial ruling, and any other statements regarding the business plans, expectations and objectives of American Lithium.
  • American Lithium undertakes no obligation to update forward-looking statements except as required by applicable securities laws.
  • American Lithium has no assurance that the outcome of these appeals will be in the Companys favour.

Ideon Technologies Announces Dr. Alan Bye as Advisor

Retrieved on: 
Tuesday, March 8, 2022

Ideon Technologies is pleased to announce that Dr. Alan Bye, PhD has been appointed as an advisor to the Company.

Key Points: 
  • Ideon Technologies is pleased to announce that Dr. Alan Bye, PhD has been appointed as an advisor to the Company.
  • Ideon is a world pioneer in cosmic-ray muon tomography, providing x-ray-like imaging up to 1 km beneath the Earths surface.
  • View the full release here: https://www.businesswire.com/news/home/20220308006017/en/
    Dr. Alan Bye, Advisor to Ideon Technologies (Photo: Alan Bye)
    Alan is the co-founder and a director of Imvelo Pty Ltd, an Australian company focused on leading a system-wide, technology-driven business transformation of the mining industry.
  • Ideon Technologies is a spin-off from TRIUMF (Canadas national particle accelerator laboratory) and a world pioneer in the application of cosmic-ray muon tomography.