Geology

Skyharbour Announces Additional Uranium Property Acquisitions in the Athabasca Basin, Saskatchewan, as well as Marketing Contracts

Retrieved on: 
Thursday, January 18, 2024

Skyharbour recently acquired these claims through online staking as well as acquiring additional claims from Eagle Plains.

Key Points: 
  • Skyharbour recently acquired these claims through online staking as well as acquiring additional claims from Eagle Plains.
  • Eagle Point, Rabbit Lake, Key Lake and others), as well as for additional pegmatite-hosted uranium, thorium, and REE mineralization.
  • Skyharbour recently acquired other uranium properties consisting of 7 claims totaling 23,822 hectares in and around the Athabasca Basin.
  • Skyharbour announces that it has engaged Winning Media LLC (“Winning Media”) to provide marketing and digital advertising services to the Company.

Nevada Canyon Announces Appointment of New Directors

Retrieved on: 
Thursday, January 18, 2024

Reno, Nevada, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Nevada Canyon Gold Corp. (OTC Markets: NGLD) (the “Company” or “Nevada Canyon”) is pleased to announce the appointment of Mr. John Schaff, B.Sc.

Key Points: 
  • Reno, Nevada, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Nevada Canyon Gold Corp. (OTC Markets: NGLD) (the “Company” or “Nevada Canyon”) is pleased to announce the appointment of Mr. John Schaff, B.Sc.
  • as new independent directors to its Board of Directors, effective immediately.
  • With the appointment of these additional Directors, the Board is now comprised of five (5) directors, of which three (3) are considered independent.
  • “We’re excited to expand our board of directors with these new members who bring both a wealth of experience in Nevada and contacts to the Company,” said Jeffrey Cocks, Chairman of the Board of Directors of the Company.

Greenridge Exploration Announces Option Agreement to Acquire the Nut Lake Uranium Project with High Grade Historical Drilling

Retrieved on: 
Thursday, January 18, 2024

VANCOUVER, British Columbia, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3), is pleased to announce it has entered into an Option Agreement (the “Agreement”) with three optionors (the “Optionors”) to acquire a 100% interest (the "Acquisition") in the Nut Lake Uranium Project (the “Nut Lake Property” or the “Project”) located in the Thelon Basin in Nunavut. The Project covers 4,036 hectares near the Northern Tip of the Yathkyed Basin, a sub-basin of the Thelon Basin (See Figure 1).

Key Points: 
  • The Project hosts high grade samples of up to 4.36% U3O8, 53.16 oz/t Ag, 1.15% Pb and 7.0% Ni1.
  • VANCOUVER, British Columbia, Jan. 18, 2024 (GLOBE NEWSWIRE) -- Greenridge Exploration Inc. (“Greenridge” or the “Company”) (CSE: GXP | FRA: HW3), is pleased to announce it has entered into an Option Agreement (the “Agreement”) with three optionors (the “Optionors”) to acquire a 100% interest (the "Acquisition") in the Nut Lake Uranium Project (the “Nut Lake Property” or the “Project”) located in the Thelon Basin in Nunavut.
  • Russell Starr, Chief Executive Officer of the Company, commented, “The Nut Lake Project is a highly prospective project and a major step forward for the Company's development.
  • The project hosts high grade samples of up to 4.36% U3O8, 53.16 oz/t Ag, 1.15% Pb and 7.0% Ni¹.

XGS Energy Secures $9.7M in New Financing Led by Constellation Technology Ventures

Retrieved on: 
Tuesday, January 23, 2024

XGS Energy , an innovator in next-generation geothermal energy technology, today announced that it has raised an additional $9.7 million.

Key Points: 
  • XGS Energy , an innovator in next-generation geothermal energy technology, today announced that it has raised an additional $9.7 million.
  • The round was led by Constellation Technology Ventures, with BlueScopeX and Thin Line Capital , as well as individual inside investors.
  • This new financing will accelerate XGS’ North American prototype demonstrating its proprietary Thermal Reach Enhancement™ (TRE) geothermal technology at full commercial scale.
  • “XGS has brought together the right team with the right technology to unleash the potential of geothermal energy.”
    To learn more about XGS Energy, please visit https://www.xgsenergy.com .

Pan American Silver Announces Preliminary 2023 Production Results and Guidance for 2024

Retrieved on: 
Wednesday, January 17, 2024

The project is expected to be completed in 2024 and operational thereafter.

Key Points: 
  • The project is expected to be completed in 2024 and operational thereafter.
  • Pan American is also developing a study throughout 2024 to potentially optimize the mining methods, production rates, future exploration strategies and long-term economics at Jacobina.
  • Pan American looks forward to continuing our participation in the government-led ILO 169 consultation process for the Escobal mine under the new administration.
  • The 2024 care and maintenance costs also reflect the substantial savings from the divestiture of the MARA project and the Morococha mine in 2023.

Callinex Intersects the Descendent in 125m Step-out at the Pine Bay Project, MB

Retrieved on: 
Monday, January 22, 2024

The Descendent discovery has unique characteristics that make it an opportunity worth immediately seizing through additional drilling.

Key Points: 
  • The Descendent discovery has unique characteristics that make it an opportunity worth immediately seizing through additional drilling.
  • This year's exploration campaign will be another exciting one where we will remain focused on growing Pine Bay into a tier one asset with numerous expanding high-grade discoveries."
  • The Descendent remains open to the north, and vertically below DSC-112-W1 ( Descendent Discovery Long Section ).
  • Looking forward, the Company will continue to aggressively expand the resource base with a focus on step-out drilling at Descendent.

Anteros Metals Acquires Haven Steady VMS Property and Announces Non-Brokered Private Placement

Retrieved on: 
Monday, January 15, 2024

St. John's, Newfoundland and Labrador--(Newsfile Corp. - January 15, 2024) - Anteros Metals Inc. ("Anteros" or the "Company") is pleased to announce that it has acquired the Haven Steady VMS Property (the "Property"), located in the Province of Newfoundland and Labrador.

Key Points: 
  • St. John's, Newfoundland and Labrador--(Newsfile Corp. - January 15, 2024) - Anteros Metals Inc. ("Anteros" or the "Company") is pleased to announce that it has acquired the Haven Steady VMS Property (the "Property"), located in the Province of Newfoundland and Labrador.
  • Located in a district with proven, large VMS deposits containing rich, Kuroko-style concentrations of copper, lead, zinc, and silver.
  • Complements the Company's Strickland VMS property, emphasizing Anteros' strategic focus on copper, zinc, and lead as critical minerals for project portfolio expansion and economic growth.
  • Trumbull Fisher, Company CEO, remarks, "We are thrilled with the addition of the Property to the Anteros portfolio.

Lavras Gold Corp. Featuring Fazenda do Posto Discovery in Southern Brazil at Vancouver AME BC Roundup Conference Core Shack on January 22-23

Retrieved on: 
Tuesday, January 16, 2024

TORONTO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Lavras Gold Corp. (TSX-V:LGC, OTCQX:LGCFF) (“Lavras” or the “Company”) will be participating in the Core Shack Exhibit at the Vancouver AME BC Roundup conference, held on January 22 to 25.

Key Points: 
  • TORONTO, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Lavras Gold Corp. (TSX-V:LGC, OTCQX:LGCFF) (“Lavras” or the “Company”) will be participating in the Core Shack Exhibit at the Vancouver AME BC Roundup conference, held on January 22 to 25.
  • Lavras will be featuring a selection of drill core from the Company’s 2023 Fazenda do Posto Discovery, LDS project in southern Brazil on January 22 and 23.
  • CEO Michael Durose and Senior Geologist Joao Moller will be on hand for details on this new discovery, the geology of the Lavras do Sul Intrusive Complex and the prospectivity of the broader area around the complex.

American Lithium Announces Financial and Operating Highlights for Third Quarter Ended November 30, 2023

Retrieved on: 
Tuesday, January 16, 2024

American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.

Key Points: 
  • American Lithium is actively engaged in the development of large-scale lithium projects within mining-friendly jurisdictions throughout the Americas.
  • On behalf of the Board of Directors of American Lithium Corp.
  • Forward-looking statements in this news release include, but are not limited to, 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.

LIFT Intersects 27 m at 1.26% Li2O and 22 m at 1.53% Li2O at its Fi Main pegmatite, Yellowknife Lithium Project, NWT

Retrieved on: 
Tuesday, January 16, 2024

The Fi Main pegmatite comprises a 10-100 m wide corridor of 1-5 dykes that dip between 70°-85° to the west-northwest and extends for at least 1,500 m on surface.

Key Points: 
  • The Fi Main pegmatite comprises a 10-100 m wide corridor of 1-5 dykes that dip between 70°-85° to the west-northwest and extends for at least 1,500 m on surface.
  • YLP-0141 tested the Fi Main pegmatite approximately 400 m from its northern mapped extent and 50 m vertically beneath the surface.
  • Figure 3 – Cross-section illustrating YLP-0141 with results as shown in the Fi Main pegmatite dyke with a 27 m interval of 1.26% Li2O.
  • Figure 4 – Cross-section illustrating YLP-0147 with results as shown in the Fi Main pegmatite dyke with a 22 m interval of 1.53% Li2O.