News Archives - Page 3 of 7

FridayFeb 07, 2025 8:30 am

RockBreaks – ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) Begins Trading on OTCQB to Expand U.S. Market Access

ESGold (CSE: ESAU) (OTCQB: ESAUF) announced its common shares began trading today on the OTCQB Venture Market under the symbol SEKZF, enhancing visibility and accessibility for U.S. investors. The move supports broader exposure and liquidity ahead of the Company’s targeted Q3 production start at its Montauban Project. ESGold has also submitted all required paperwork for DTC eligibility to enable seamless electronic settlement, with confirmation expected soon. To view the full press release, visit https://ibn.fm/CqRKh About ESGold Corp. ESGold Corp. (CSE: ESAU) (OTCQB: ESAUF) (FSE: Z7D) is a fully permitted, pre-production resource company at the forefront of clean mining and exploration innovation. With…

ThursdayFeb 06, 2025 10:05 am

RockBreaks – Torr Metals Inc. (TSX.V: TMET) Closes Final Tranche of Oversubscribed Private Placement, Raising $630,560

Torr Metals Inc. (TSX.V: TMET) has completed the final tranche of its oversubscribed non-brokered private placement, bringing total proceeds to $630,560. The company issued 1,382,500 non-flow-through units at $0.10 per unit, generating $138,250 in gross proceeds. CEO Malcolm Dorsey highlighted the funding's role in advancing the Filion Gold Project in northern Ontario, where recent surveys indicate strong discovery potential. Warrants from the offering are exercisable at $0.20 per share until Feb. 5, 2027, with an acceleration clause. The proceeds will support exploration and working capital, pending TSX Venture Exchange approval. To view the full press release, visit https://ibn.fm/FR5p8 About Torr…

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…

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