RocksBreaks Archive - Page 12 of 13

FridayOct 18, 2024 2:19 pm

RockBreaks – Emperor Metals Inc.’s (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) Director Believes It’s Positioned Better than ‘95% Other Gold Juniors’

Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH), an advanced stage gold exploration company, is on a mission to grow its Duquesne West gold resource as quickly, cost-efficiently and strategically as possible. The project has a historical resource of 727,000 ounces of gold. “[Emperor Metals’ Head of Corporate Development and Director Alex Horsley] talked about the company’s successful drilling campaign at Duquesne West last year, when it achieved high-grade intercepts, and what he described as the biggest achievement of 2023 – identifying a conceptual open-pit model. The new open pit model shows gold potential on top of the existing high-grade…

FridayOct 18, 2024 1:30 pm

Groundbreaking Work on AI Wins Duo Nobel Prize in Physics

Geoffrey Hinton, undeniably referred to as “the Godfather of AI,” has been awarded the Nobel Prize in Physics alongside John Hopfield for their groundbreaking work that triggered the development of machine learning, the science behind artificial intelligence as we know it today. The duo got this global recognition for the foundational work that they did that made it possible for various AI applications and products to become a reality. Hinton, a University of Toronto-based computer scientist and his peer Hopfield, a Princeton University professor, shared a $1m cash prize that came with their coveted award. The ceremony recognizing the pair…

ThursdayOct 17, 2024 2:56 pm

RockBreaks – Fathom Nickel Inc.’s (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Geochemistry Results ‘Dramatically’ Expand Footprint of Gochager Lake Deposit

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF), a company focused on exploring high-grade nickel sulfide discoveries for use in the global electric vehicle (“EV”) market, announced significant expansions to its historic 22,000-plus-hectare, nickel-copper-cobalt (“Ni-Cu-Co”)-producing Gochager Lake Property. “The company recently released results from its ‘extremely successful’ June soil and rock geochemistry program, which clearly demonstrate that the geochemical footprint of the Gochager Lake deposit has been extended by up to four kilometers along trend, approximately two kilometers in both the northeast and southwest directions,” a recent article reads. “Through our drilling at the historic Gochager Lake deposit over the…

MondayOct 07, 2024 11:42 am

RockBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Discusses Completed Acquisition of Base Resources During Conference Call

Energy Fuels (NYSE American: UUUU) (TSX: EFR), an industry leader in the U.S. production of uranium and rare earth elements (“REE”) hosted a conference call this morning. The call began at 9 a.m. ET and focused on the company’s recently completed acquisition of Base Resources Limited. Mark Chalmers, Energy Fuels president and CEO, was joined by Tim Carstens, managing director of Base Resources, on the call, which included time for questions and answers. A replay of the call is available until Oct. 14, 2024, by dialing 1-289-819-1450 in Toronto or 1-888-660-6345 (toll free in North America), then use entry code 95890#.…

MondayOct 07, 2024 10:47 am

RockBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62) Announces Commencement of VC Program

Trillion Energy (CSE: TCF) (OTCQB: TRLEF) (Frankfurt: Z62), a company focused on oil and natural-gas production for Europe and Türkiye, is gearing up SASB gas field operations with the installation of Velocity Strings (“VS”). According to the announcement, the company and its partner at SASB reached an agreement on Sept. 30, 2024, regarding the technical aspects of the program. Consequently, Trillion Energy was assigned operatorship for the conduct of this program and signed a service agreement with a snubbing provider to install the velocity strings. “Initially it was assumed that the VS could only be run in using a drilling…

FridayOct 04, 2024 3:57 pm

RockBreaks – Gatos Silver Inc. (NYSE: GATO) Releases Q3 LGJV Exploration Results, Notes ‘Early Positive Results’

Gatos Silver (NYSE: GATO), a silver-dominant exploration, development and production company, is reporting an update on its drilling and exploration programs in the Mexico-based Los Gatos District (“LGD”) . The company is 70% owner of the Los Gatos Joint Venture (“LGJV”). The update notes early positive results, such as mineralized intercepts on the Central Deeps target; the potential for a further extension of the South-East Deeps zone at the Cerro Los Gatos (“CLG”) Mine; and key developments in the ongoing regional exploration program. “The exploration results this quarter continue to demonstrate further life-extension potential at CLG beyond the recently announced…

FridayOct 04, 2024 3:20 pm

RockBreaks – Fathom Nickel Inc.’s (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) Geochemistry Program Reveals Remarkable 25-Fold Increase in Geochemical Footprint

Fathom Nickel (CSE: FNI) (FSE: 6Q5) (OTCQB: FNICF) recently announced the results of its June soil and rock geochemistry program, revealing a dramatic increase in the Gochager Lake deposit’s geochemical footprint. “Data from the latest geochemical analysis has extended the Gochager Lake deposit’s footprint by up to four kilometers along trend, with extensions in both northeast and southwest directions. This expansion brings the total geochemical footprint to approximately 1.7 square kilometers, representing a remarkable 25-fold increase from the historical footprint of the deposit,” a recent article reads. “The June program’s findings were notably impactful. The analysis included portable X-ray fluorescence…

FridayOct 04, 2024 2:24 pm

RockBreaks – Emperor Metals Inc. (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) Viewed as Substantial Opportunity in Promising Sector

Emperor Metals (CSE: AUOZ) (OTCQB: EMAUF) (FRA: 9NH) is seen as being in one of the strongest positions for a rising gold junior largely, though not exclusively, because of the specifics behind the company’s flagship Duquesne West Gold project, located in Rouyn-Noranda, Québec. “Just as there are clear reasons for gold juniors to rise on investor radars, there are reasons for the significant edge given to Emperor. First of all, the Duquesne project is located in the heart of the Abitibi Greenstone belt of Rouyn-Noranda, Quebec (one of the most prolific and productive gold mining districts)… 2011 historical inferred mineral…

FridayOct 04, 2024 12:56 pm

RockBreaks – First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) to Acquire Gatos Silver Inc. (NYSE: GATO) (TSX: GATO) in $970M Deal

First Majestic Silver Corp. (NYSE: AG) (TSX: AG) (FSE: FMV) in early September announced an agreement to acquire all outstanding shares of Gatos Silver Inc. (NYSE: GATO) (TSX: GATO) in a transaction valued at approximately $970 million. Gatos shareholders will receive 2.550 common shares of First Majestic for each Gatos share, representing a 16% premium based on recent stock prices. The deal consolidates major silver-producing assets in Mexico, including the Cerro Los Gatos mine, enhancing First Majestic’s production capabilities. The merger is expected to close in early 2025, subject to regulatory approvals and shareholder votes. To view the full press…

ThursdayOct 03, 2024 3:25 pm

RockBreaks – Trillion Energy International Inc.’s (CSE: TCF) (OTCQB: TRLEF) Early ROI with SASB Revitalization Program Indicates Field’s ‘Robust Production Potential’

Trillion Energy (CSE: TCF) (OTCQB: TRLEF), a company focused on oil and natural gas production for Europe and Türkiye, recently reported the successful completion of four workovers as well as increased gas production capacity. “In the production update for the SASB gas field, the company noted that the SASB revitalization program was ‘off to a great start, having realized the complete payback of recent perforation costs in just 35 days of production.’ The report noted that, in the first phase of the workover, all remaining gas pay on the Akcakoca platform was perforated, including three long-reach deviated gas wells (Guluc-2,…

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