News Archives - Page 28 of 32

WednesdayFeb 05, 2025 2:11 pm

RockBreaks – Eminent Gold Corp. (TSX.V: EMNT) (OTCQB: EMGDF) Announces Promising Assay Results from Hot Springs Range Project

Eminent Gold (TSX.V: EMNT) (OTCQB: EMGDF) today provided the remaining core assays for its first complete hole (“HSC002”) at the Hot Springs Range Project in Nevada and updated progress on its current drill hole (“HSC003”). “We are very pleased with the gold and arsenic mineralization occurring over a 427-meter interval in our first completed hole, which was drilled parallel to a key target structure into a blind target. The four significant intercepts are a great validation for our model and suggest that we are in the unveiling of a strong gold-mineralizing system. The presence of strong arsenic mineralization provides evidence…

WednesdayFeb 05, 2025 9:10 am

RockBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Announces Gold Resource Increase at Fox Complex’s Grey Fox Deposit

McEwen Mining (NYSE: MUX) (TSX: MUX) reported a significant increase in estimated gold resources at the Grey Fox deposit within its Fox Complex, compared to its 2021 estimate. The discovery cost was $14.46 per ounce, with mineralization located near the historically productive Porcupine-Destor fault. The increase is attributed to exploration drilling, a higher gold price assumption of $2,000 per ounce versus $1,725 in 2021, and a lower cut-off grade of 1.60 g/t gold. Chairman Rob McEwen stated that the expanded resources will support higher annual production and extended mine life. A complete resource update is expected in the coming weeks.…

MondayFeb 03, 2025 11:55 am

RockBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Reports Increased Gold Resources at Grey Fox Deposit

McEwen Mining (NYSE: MUX) (TSX: MUX) announced a significant increase in estimated gold resources at the Grey Fox deposit within its Fox Complex as of Dec. 31, 2024, compared to its 2021 estimate. The discovery cost averaged $14.46 per ounce, with new exploration drilling and higher gold prices contributing to the resource expansion. The updated resource estimate reflects a lower cut-off grade due to gold price adjustments from $1,750 to $2,000 per ounce. Chairman Rob McEwen stated that the expanded resources will support increased annual production and extended mine life. A full resource update is expected in the coming weeks.…

ThursdayJan 30, 2025 2:25 pm

RockBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Featured in New Video Series by Allan Barry Laboucan

McEwen Mining (NYSE: MUX) (TSX: MUX), an asset rich diversified gold and silver producer with a large exposure to copper through its McEwen Copper subsidiary, was recently featured in a new video series launched by Allan Barry Laboucan called “Insights into Drilling.” Allan has spent 30 years of his life watching drill results, drill programs, drill models and reasons for drilling. He sees it as the lifeblood of the mining business. In an email to subscribers introducing the first video of the series, he wrote, “McEwen Mining has catalysts from their world-class copper development project, strong improvement to their bottom…

WednesdayJan 29, 2025 12:03 pm

RockBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Reports 2024 Production Within Guidance; Sets 2025 Outlook; Makes Strategic Investment in Goliath Resources

McEwen Mining (NYSE: MUX) (TSX: MUX), announced full-year 2024 consolidated production of 135,900 gold equivalent ounces ("GEOs"), aligning with its annual guidance. Gold Bar and San José mines exceeded expectations with 44,600 and 60,100 GEOs, respectively, while the Fox Complex fell short at 30,150 GEOs due to a stope failure in early 2024. For 2025, MUX projects production between 120,000 and 140,000 GEOs, influenced by the transition at Fox from the Froome mine to the Stock mine, which is now expected to reach commercial production in early 2026. Gold Bar’s production will be weighted toward the second half of the…

ThursdayJan 23, 2025 10:05 am

RockBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Hits High-Grade Tin and Silver at Iska Iska

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) reported high-grade assay results from its definition drilling program at the Iska Iska silver-tin polymetallic project in Bolivia. Hole DSB-72 intersected 1.39% tin over 33m within a broader interval of 0.74% tin over 87m, alongside 24.48 g/t silver over 45m in the upper section. The tin mineralization is hosted in an extensive intrusion breccia unit, interpreted as part of a larger tin porphyry system at depth. Executive Vice President Dr. Osvaldo Arce emphasized Bolivia’s global significance in tin production and the potential for Iska Iska to contribute to the Bolivian Tin Belt’s legacy…

TuesdayJan 21, 2025 8:00 am

RockBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Highlights 2024 Achievements and 2025 Plans Amid Market Challenges

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) has outlined its 2024 accomplishments and 2025 goals, including significant advances at its Gochager Lake and Albert Lake projects in Saskatchewan. At Gochager Lake, exploration expanded the historic deposit’s footprint and identified high-grade nickel-copper-cobalt mineralization, while Albert Lake drilling validated a 4 km² geochemical anomaly and confirmed the area's potential as a dynamic magmatic nickel sulphide system. Plans for 2025 include electromagnetic surveys, prospecting, and drilling to build on these successes, with optimism about nickel price recovery driven by global supply constraints and demand for critical North American metals. CEO Ian Fraser reaffirmed…

WednesdayJan 15, 2025 11:32 am

RockBreaks – Torr Metals Inc. (TSX.V: TMET) to Showcase Exploration Projects at VRIC 2025

Torr Metals Inc. (TSX.V: TMET) a Vancouver-based mineral exploration company, will participate in the Vancouver Resource Investment Conference (“VRIC”) on Jan. 19-20, 2025, at the Vancouver Convention Centre West. The conference, a key event in the mining industry, gathers over 5,000 investors, 200+ mining companies, and 120 global experts, including keynote speakers like Robert Kiyosaki and Frank Giustra. Torr Metals will provide updates on its Kolos Copper-Gold Project in British Columbia, focusing on high-grade porphyry mineralization at the Sonic Zone, and its Filion Gold Project in Ontario, targeting significant gold-rich anomalies. CEO Malcolm Dorsey emphasized the strategic location and discovery…

WednesdayJan 15, 2025 8:30 am

RockBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Outlines 2025 Roadmap Toward Production, Exploration and Clean Mining

ESGold (CSE: ESAU) (OTCQB: ESAUF) has released its 2025 outlook, highlighting a transition from preparation to execution as the Company targets first gold and silver production at the fully permitted Montauban Project in early Q3. Key objectives include finalizing construction financing, launching systematic exploration using Ambient Noise Tomography, and announcing results from clean processing trials. ESGold also aims to secure non-dilutive capital, pursue Quebec grants, and activate a $2 million operating credit line at production start. With uplisting to OTCQB and DTC eligibility expected imminently, ESGold is positioned to unlock near-term cash flow and long-term growth. To view the full…

WednesdayJan 15, 2025 8:00 am

RockBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Reports Financial Results and Waterberg Project Progress

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) announced financial results for the three months ended Nov. 30, 2024, and provided updates on its Waterberg Project in South Africa. The mechanized, shallow mine is designed to produce platinum, palladium, rhodium, and gold ("PGMs") alongside copper and nickel by-products, aiming to be among the world's largest and most cost-effective underground PGM operations. Near-term objectives include advancing to a development decision, securing construction financing, and finalizing concentrate offtake agreements. Additionally, the company continues collaborating with Anglo American Platinum and Florida International University through Lion Battery Technologies Inc. to integrate platinum and palladium…

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