News Archives - Page 12 of 15

MondayDec 30, 2024 11:11 am

RockBreaks – Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) Highlights Exploration Strategy and Growth Potential on The Bell2Bell Podcast

Renforth Resources (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) a Canadian junior exploration company, takes center stage in the latest episode of The Bell2Bell Podcast. Nicole Brewster, President and CEO, detailed the company’s focus on its multi-commodity mineral properties, including a 275-square-kilometer asset in Quebec rich in nickel and zinc, and the Parbec gold deposit, a key financial anchor. Brewster highlighted the increasing value of Parbec with updated resource data and rising gold prices, nearing $2,700 per ounce. Positioned in well-established mining regions with robust infrastructure, Renforth is uniquely poised to capitalize on opportunities in both the energy transition and gold markets,…

ThursdayDec 19, 2024 2:09 pm

RockBreaks – Torr Metals Inc. (TSX.V: TMET) Closes First Tranche of $492,310 Private Placement to Advance Filion Gold Project

Torr Metals Inc. (TSX.V: TMET) has completed the first tranche of its non-brokered private placement, raising $492,310 through the issuance of 760,919 flow-through units at $0.12 per unit and 4,010,000 non-flow-through units at $0.10 per unit. The proceeds will support exploration and development at Torr’s 100%-owned Filion Gold Project in northern Ontario, strategically located near the Trans-Canada Highway. CEO Malcolm Dorsey highlighted strong shareholder support and the potential for grassroots discoveries in the historically underexplored gold corridor. The placement includes flow-through shares qualifying under Canadian tax law and non-flow-through shares with attached warrants exercisable at $0.20 until December 2026. Final…

MondayDec 16, 2024 8:00 am

RockBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Advances Exploration at Storm and Epworth Projects in Nunavut

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) provided updates on its 2024 exploration activities at the Storm Copper and Epworth Projects in Nunavut. At Storm, 22,475 meters of drilling confirmed consistent copper grades and identified new targets, with a maiden resource and development study expected in early 2025. At Epworth, Aston Bay expanded its claims by 11,900 hectares, conducted extensive geophysical surveys, and plans to release a comprehensive analysis of the results in January. Additional drilling at Storm refined the geological model, with new discoveries at the Squall Prospect highlighting promising mineralization, including assays of 2.4% copper and 5 g/t silver.…

ThursdayDec 12, 2024 8:00 am

RockBreaks – First Tellurium Corp. (CSE: FTEL) (OTCQB: FSTTF) Gains National Recognition with PyroDelta’s Innovative Thermoelectric Technology

First Tellurium (CSE: FTEL) (OTCQB: FSTTF) announced that its subsidiary, PyroDelta Energy, and its tellurium-based thermoelectric generator were featured in a USA Today article titled "How PyroDelta’s Thermoelectric Technology Could Change Energy Independence." The piece highlights the generator's ability to produce power without reliance on large batteries, solar panels, or the electrical grid. PyroDelta’s Director of Engineering, Michael Abdelmaseh, emphasized the device's scalability, versatility, and potential to address critical energy storage challenges. He also noted the generator's automotive application, which converts waste heat from engine coolant into electricity, replacing the alternator entirely. First Tellurium President and CEO Tyrone Docherty expressed optimism…

TuesdayDec 03, 2024 11:44 am

RockBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Subsidiary Secures Key Environmental Approval for Los Azules Copper Project

McEwen Mining (NYSE: MUX) (TSX: MUX), through its subsidiary McEwen Copper Inc., has achieved a significant milestone with the approval of the Environmental Impact Assessment (“EIA”) for its Los Azules copper project in Argentina. Granted by the San Juan Provincial Government's Ministry of Mines, the approval reflects McEwen Mining’s commitment to sustainable practices and positions the project for feasibility studies, construction, and operation. Designed for renewable energy use and carbon neutrality by 2038, Los Azules reinforces McEwen Mining’s leadership in modern, environmentally responsible mining. A definitive feasibility study is anticipated in early 2025, with construction potentially beginning in 2026. To…

TuesdayDec 03, 2024 9:30 am

RockBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Boosts Production with Successful Tubing Operation at SASB Gas Field

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) has completed the installation of 2 3/8 velocity string tubing in four wells at the SASB Gas Field in Turkey, including three long-reach wells on the Akcakoca Platform. This operation aims to reduce water loading and enhance gas production by enabling wells to produce at lower wellhead pressures. Initial results show steady production improvements from Guluc-2 and West Akcakoca-1, while Akcakoca-3 continues with reduced water output. The next phase includes similar upgrades to two tripod wells, reservoir stimulation, and optimized choke adjustments to maximize gas recovery. Despite winter delays, Trillion anticipates a significant boost…

MondayDec 02, 2024 2:18 pm

RockBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Reports High-Grade Gold Results and Expansion Potential at Grey Fox Deposit

McEwen Mining (NYSE: MUX) (TSX: MUX) shared promising assay results from its Grey Fox deposit within the Fox Complex in Ontario, Canada, including a highlight of 10.2 g/t gold over 11.1 meters at the Whiskey Jack zone. Geological studies reveal similarities between Grey Fox and Japan's high-grade Hishikari Gold Mine, suggesting potential for stacked epithermal veins alongside orogenic gold zones. Current modeling identifies over 50 mineralized lenses, with 90% of Grey Fox's 1.4-million-ounce gold resource located within 300 meters of the surface. The ongoing exploration aims to expand production and uncover deeper mineralization, with an updated resource estimate for the…

MondayDec 02, 2024 1:26 pm

RockBreaks – Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) Moves to Advance Path to Production at Parbec

Renforth Resources (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) has announced several new initiatives at its Parbec Gold Deposit in Malartic, Quebec. These include a resource update, the start of the permitting process to dewater the underground access to the deposit and TOMRA testing of mineralized and non-mineralized material from Parbec. “Each of our new initiatives at Parbec is intended to increase our deposit knowledgebase towards a future production decision. Our existing, outdated 43-101 resource encompasses only a portion of the property and uses only part of our own drilling, and none from the 1980s or 1990s,” said Renforth President and…

WednesdayNov 27, 2024 8:00 am

RockBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Advances Plans for Saudi-Based PGM Smelter and Refinery

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) has signed a memorandum of understanding (MOU) with Ajlan & Bros Company for Mining and Saudi Arabia's Ministry of Investment (MISA) to explore the development of a platinum group metals smelter (“PGM Smelter”) and base metal refinery (“BMR”) in Saudi Arabia. The initiative supports Saudi Arabia’s Vision 2030 by fostering the mining and minerals sector as a key economic pillar. Building on a 2023 Cooperation Agreement with Ajlan, the project includes a global PGM concentrate market study, a feasibility study, and potential for a 50:50 joint venture. The project aims to process…

TuesdayNov 26, 2024 11:31 am

RockBreaks – Torr Metals Inc. (TSX.V: TMET) Identifies High-Priority Gold Targets at Filion Gold Project

Torr Metals Inc. (TSX.V: TMET) announced the successful completion of its 2024 surface geochemical exploration program at the 100%-owned Filion Gold Project in northern Ontario, collecting 1,092 soil and 44 rock grab samples. The program expanded exploration at Filion West with a comprehensive 8.8 km² soil sampling grid, uncovering multiple high-priority zones influenced by advanced LiDAR technology. Highlights include 17 undocumented historical trenches and gold grades of up to 91.4 g/t Au in chip samples. Filion East was confirmed to share favorable geology with Filion West, extending prospectivity across the 42 km-long Filion Fault system. With drilling permits secured and…

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