RocksBreaks Archive - Page 11 of 13

TuesdayOct 29, 2024 10:43 am

RockBreaks – Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) Initial 2024 Drilling Results Support Expansion of Conceptual Open-Pit Gold Resource

Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FRA:9NH) has released initial results from its 2024 drilling campaign at the Duquesne West Gold Project, revealing promising potential for resource expansion in its open-pit model. The first three holes of the 19-hole program intersected significant low-grade gold mineralization near surface, with highlights including 52.1 meters at 0.8 grams per tonne (g/t) gold, which includes a higher-grade interval. CEO John Florek noted these findings demonstrate untapped potential in the project’s conceptual open-pit model, which aims to incorporate lower-grade bulk tonnage and maximize near-surface ounces for a resource estimate expected in Q1 2025. The…

FridayOct 25, 2024 3:18 pm

RockBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Eyes Prospective Horizon at Storm Copper Project

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) recently released an update regarding its Storm Copper Project’s 2024 drilling exploration program. The program focused on expansion at the Cyclone and Chinook Prospects and delineation drilling at the Lightning Ridge discovery and Thunder Prospect. “The first deep drill hole of the year adds another success to the 2024 exploration program at Storm,” said Aston Bay CEO Thomas Ullrich. “The style of copper mineralization intercepted and its stratigraphic location is similar to Cyclone — this may be the fault-offset southern portion of the deposit and could add to a potential future resource. “In addition…

ThursdayOct 24, 2024 11:13 am

RockBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Offshoot McEwen Copper Secures Additional $35 Million Investment from Rio Tinto’s Nuton

McEwen Mining (NYSE: MUX) (TSX: MUX) subsidiary McEwen Copper has secured an additional $35 million investment from Nuton LLC, a Rio Tinto Venture, as part of its ongoing private placement financing. This second tranche brings the total raised to $56 million, with Nuton now owning 17.2% of McEwen Copper. The funds will support the development of the Los Azules copper project, with a feasibility study expected by mid-2025. McEwen Copper’s post-money market value is now $984 million, with major shareholders including McEwen Mining, Stellantis, Nuton, and Rob McEwen. To view the full press release, visit https://ibn.fm/jnOlJ About McEwen Mining Inc.…

WednesdayOct 23, 2024 3:22 pm

RockBreaks – Torr Metals Inc. (TSX.V: TMET) Strategically Focusing on Exploration to Unlock Valuable Resources

Torr Metals Inc. (TSX.V: TMET), a mineral exploration company, is focusing on the advancement of three organically grown and 100% owned district-scale copper and gold projects in prolific mining regions of British Columbia and Ontario, Canada. “Torr Metals is making significant new waves in the copper and gold exploration sector by strategically advancing its early-stage district-scale projects from the ground up. The company has successfully identified high-potential underexplored districts in prolific Canadian jurisdictions, starting from initial exploration stages with geophysical and surface geochemical surveys in 2023 to produce four copper porphyry and six orogenic gold drill-ready exploration targets in under…

WednesdayOct 23, 2024 3:07 pm

RockBreaks – Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) Is Well on Its Way to Becoming Significant Contributor to Canada’s Mining Industry

Renforth Resources (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR), an emerging player in the gold and battery-mineral spaces, is strategically positioned to capitalize on growing demand. “The rise in electric-vehicle production and renewable-energy technologies has led to an increased focus on battery minerals, such as nickel, copper and cobalt, while gold remains a key asset in times of economic uncertainty,” a recent article reads. “Renforth’s flagship Parbec Gold Project is located in the world-renowned gold-mining region of Malartic. This project holds a significant indicated near-surface gold resource, accompanied by additional inferred ounces… In addition to gold, Renforth Resources is exploring opportunities…

WednesdayOct 23, 2024 2:34 pm

RockBreaks – Fathom Nickel Inc. (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Positioned as Key Player in North America’s Nickel Supply

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF), an exploration company focusing on magmatic nickel-copper-cobalt sulphide discoveries, is actively supporting the development of critical mineral supplies for North America through its portfolio of three high-quality exploration projects in Saskatchewan. “The Albert Lake Project spans over 90,000 hectares and is notable for its historic Rottenstone Mine, which produced 28,724 tons of nickel at 3.3% Ni from 1965 to 1969. The Gochager Lake Project covers more than 22,000 hectares and hosts a historic, non-compliant open-pit resource of 4.3 million tons at 0.295% Ni and 0.081% Cu. The Friesen Lake Project, situated 40…

TuesdayOct 22, 2024 3:00 pm

RockBreaks – Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) Positioning as Key Player in Gold Exploration Space

Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) is positioned to benefit from increasing investor interest in gold, “given its noteworthy unusually high grade and thickness historical resource in one of the most prolific and productive gold mining camps in the world,” according to a recent article. The advanced stage gold exploration company is focused on proving and developing the substantial resource potential of its flagship Duquesne West Gold Project located in the Tier 1 district of the Southern Abitibi Greenstone belt of Rouyn-Noranda, Quebec. “In the heart of a district surrounded by 15 gold producing mines, the Duquesne West…

TuesdayOct 22, 2024 9:30 am

RockBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Secures Initial C$1.38 Million in Funding for Storm Copper Project Joint Venture

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) has received an initial US$1 million (C$1.38M) as part of a $12.5 million funding agreement with American West Metals and Taurus Mining Royalty Fund. The funding will support the exploration and development of the Storm Copper Project in Nunavut, with future payments contingent on project milestones, including the completion of a prefeasibility study and resource upgrades. Aston Bay holds a 20% interest in the project and will use its share of the funds to advance other exploration activities. To view the full press release, visit https://ibn.fm/v6Z58 About Aston Bay Holdings Ltd. Aston Bay is…

MondayOct 21, 2024 3:26 pm

RockBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Executing Strategic Plan to Become Key Energy Producer in Europe

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) is developing the South Akçakoca Sub-Basin (“SASB”) Project, located in the Black Sea, as well as three additional upcoming programs. “Following the global pandemic and Russia’s invasion of Ukraine, Europe was plunged into an energy crisis. While the urgency of the situation has been somewhat alleviated, the energy situation in the area is still precarious, and Trillion Energy, a company focused on oil and natural gas production for Europe and Türkiye, has a strategic four-program plan in place to become a key energy producer for the area,” a recent article reads. The article notes…

MondayOct 21, 2024 2:00 pm

RockBreaks – Platinum Group Metals Ltd.’s (NYSE American: PLG) (TSX: PTM) Lion Battery Accelerating Development of Next-Gen Technology

Platinum Group Metals (NYSE American: PLG) (TSX: PTM), through its subsidiary Lion Battery, is working to strengthen its foothold in the lithium-sulfur space. With new technologies being researched and developed to rival lithium-ion batteries in terms of efficiency, cost and sustainability, lithium-sulfur batteries could offer advantages. “Lion Battery was jointly formed in 2019 by Platinum Group and Anglo American Platinum to accelerate the development of next-generation battery technology using platinum and palladium. Since inception, the Lion team has focused on the development of proprietary lithium-sulfur technology and enhancing the performance of existing commercial lithium-ion chemistries. Lion has a sponsored research…

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