RocksBreaks Archive - Page 13 of 15

TuesdayNov 05, 2024 3:19 pm

RockBreaks – Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) Announces Private Placement and Town Hall Event

Renforth Resources (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR), a Canadian mineral exploration company, announced a non-brokered private placement to raise $250,000 for exploration on its Malartic Metals Package (“MMP”) property in Quebec. Units, priced at 2 cents each, include a flow-through share and half a common share purchase warrant, with full warrants exercisable at 5 cents for 36 months post-closing. The wholly-owned MMP property, located near established mining hubs and featuring infrastructure such as road, rail, and hydroelectric access, hosts battery minerals and polymetallic systems, including nickel, cobalt, platinum, and palladium. To view the full press release, visit https://ibn.fm/2J5hv About…

MondayNov 04, 2024 9:15 am

RockBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Boosts SASB Gas Field Output with Velocity String Installations

Trillion Energy International (CSE: TCF) (OTCQB: TRLEF) has reported increased production at the SASB gas field following the recent installation of velocity strings (“VS”) aimed at enhancing gas flow by reducing water loading. The Akcakoca-3 well showed an increase in production from approximately 2.0 MMcf/d to 2.6 MMcf/d after VS installation. A velocity string was also installed in the West Akcakoca-1 well, with gas production expected to resume soon after nitrogen stimulation. Trillion is currently installing a VS in the Guluc-2 well as part of the ongoing optimization program at the SASB field. To view the full press release, visit…

FridayNov 01, 2024 3:25 pm

RockBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Schedules Q3 2024 Financial Results Call with Management Insights and Q&A Session

McEwen Mining (NYSE: MUX) (TSX: MUX) will host a conference call on Wednesday, Nov. 6, 2024, at 11 a.m. EST to discuss its third-quarter 2024 financial results and provide updates on project developments. Following the management’s presentation, participants will have the opportunity to engage directly by asking questions over the phone during the live webcast, offering an interactive session to address investor inquiries and insights. To view the full press release, visit https://ibn.fm/DLXDk About McEwen Mining Inc. McEwen Mining is a gold and silver producer with operations in Nevada, Canada, Mexico and Argentina. In addition, the company owns approximately 47.7%…

ThursdayOct 31, 2024 3:35 pm

RockBreaks – Torr Metals Inc. (TSX.V: TMET) Working to Establish Next Major Gold Exploration Frontier in Northern Ontario

Torr Metals’ (TSX.V: TMET) drill-permitted Filion Gold Project shares remarkable geological similarities with the prolific Hemlo gold camp to the south. “Situated in Northern Ontario’s Wawa Terrane, Filion provides a highly promising environment for discovery, featuring large-scale shear zones and structural controls akin to those that contributed to Hemlo’s impressive 21-million-ounce yield*. In its maiden 2023 exploration, Torr identified six undrilled parallel gold soil anomalies across a 2.5-kilometer-wide corridor, with strike lengths extending up to 1,200 meters,” reads a recent article. “With the majority of the area’s structural and stratigraphic contacts—favorable for concentrating precious metal deposits—yet to be tested, Torr…

WednesdayOct 30, 2024 8:30 am

RockBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Reports Promising Mineralization at Storm Copper Project, Awaits 2024 Drilling Completion

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) announced a positive update on its Storm Copper Project on Somerset Island, Nunavut, in collaboration with American West Metals Limited, the project operator. Early drilling results from the ST24-02 hole in an underexplored area confirmed widespread sediment-hosted copper mineralization, which CEO Thomas Ullrich highlighted as a promising indication of significant copper potential. A partially completed third deep drill hole encountered challenging conditions due to freezing ground and limited supplies, delaying completion until early 2024. The targeted anomaly remains a priority due to its potential for both fault-hosted and stratiform-hosted copper mineralization. To view the…

TuesdayOct 29, 2024 2:07 pm

RockBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Focused on Increasing Production Capacity to Meet Rising Demand

Trillion Energy (CSE: TCF) (OTCQB: TRLEF), a Canadian oil and gas exploration and production company, is playing a pivotal role in meeting the rising demand for natural gas in Europe and Türkiye. “Trillion Energy International has emerged as a significant player in the natural gas sector. The company has been actively involved in natural gas production in Türkiye, where it operates the South Akçakoca Sub-Basin (‘SASB’) gas project. This project is strategically important for Türkiye’s energy goals because it aims to increase domestic natural gas production and reduce reliance on imported energy,” a recent article reads. “A recent update on…

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…

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