News Archives - Page 7 of 11

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…

TuesdayJan 14, 2025 10:23 am

RockBreaks – Torr Metals Inc. (TSX.V: TMET) Identifies High-Grade Copper Zone at Kolos Project

Torr Metals Inc. (TSX.V: TMET) has announced the discovery of high-grade copper at its 100%-owned Kolos Copper-Gold Project in British Columbia. A rock grab sample from the newly identified Sonic Zone returned 1.10% copper, marking the first exploration success in the northern portion of the project. Initially revealed during Torr’s 2024 reconnaissance program, the Sonic Zone now spans 12 km² of magmatic-hydrothermal alteration and mineralization, up from an initial 2 km². The site, strategically located near Highway 5 and 32 kilometers from Canada’s Highland Valley copper mine, shows similarities to regional alkalic porphyry systems like New Afton. Torr's CEO Malcolm…

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.…

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