RocksBreaks Archive - Page 8 of 13

WednesdayNov 27, 2024 8:00 am

RockBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Advances Plans for Saudi-Based PGM Smelter and Refinery

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) has signed a memorandum of understanding (MOU) with Ajlan & Bros Company for Mining and Saudi Arabia's Ministry of Investment (MISA) to explore the development of a platinum group metals smelter (“PGM Smelter”) and base metal refinery (“BMR”) in Saudi Arabia. The initiative supports Saudi Arabia’s Vision 2030 by fostering the mining and minerals sector as a key economic pillar. Building on a 2023 Cooperation Agreement with Ajlan, the project includes a global PGM concentrate market study, a feasibility study, and potential for a 50:50 joint venture. The project aims to process…

TuesdayNov 26, 2024 11:31 am

RockBreaks – Torr Metals Inc. (TSX.V: TMET) Identifies High-Priority Gold Targets at Filion Gold Project

Torr Metals Inc. (TSX.V: TMET) announced the successful completion of its 2024 surface geochemical exploration program at the 100%-owned Filion Gold Project in northern Ontario, collecting 1,092 soil and 44 rock grab samples. The program expanded exploration at Filion West with a comprehensive 8.8 km² soil sampling grid, uncovering multiple high-priority zones influenced by advanced LiDAR technology. Highlights include 17 undocumented historical trenches and gold grades of up to 91.4 g/t Au in chip samples. Filion East was confirmed to share favorable geology with Filion West, extending prospectivity across the 42 km-long Filion Fault system. With drilling permits secured and…

TuesdayNov 26, 2024 9:33 am

RockBreaks – Eloro Resources Ltd. (TSX.V: ELO) (OTCQX: ELRRF) (FSE: P2QM) Reports High-Grade Mineralization in Santa Barbara Zone of Iska Iska Project

Eloro Resources (TSX: ELO) (OTCQX: ELRRF) (FSE: P2QM) announced initial assay results from its definition diamond drilling program in the Santa Barbara starter pit area of the Iska Iska silver-tin polymetallic project in Bolivia. Highlighted results from Hole DSB-68 include a 289.13-meter intersection grading 66.90g Ag/t, 0.63% Zn, 0.42% Pb, and 0.11% Sn, with higher-grade intervals reaching up to 126.10g Ag/t over 122.03 meters. The drilling confirms large high-grade mineralized shoots within breccia pipes that serve as feeders, with mineralization widening at depth. These results align with the geological zoning model of Bolivia's Tin Belt and suggest the potential for…

MondayNov 25, 2024 8:00 am

RockBreaks – Aston Bay Holdings Ltd. (TSX.V: BAY) (OTCQB: ATBHF) Updates 2024 Exploration Progress at Storm Copper Project, Highlights New Discoveries

Aston Bay (TSX.V: BAY) (OTCQB: ATBHF) provided an update on the 2024 exploration activities at the Storm Copper Project on Somerset Island, Nunavut, operated by American West Metals Limited under a 20/80 joint venture agreement. Aston Bay retains a free carried interest until a mining decision is made following a bankable feasibility study. CEO Thomas Ullrich highlighted the discovery of two new zones with copper, zinc, and silver mineralization, emphasizing the potential of the 110 km-long trend. He noted the success of prospecting, geophysics, geochemistry, and drilling efforts and announced ongoing development of a maiden resource and further testing of new…

FridayNov 22, 2024 3:30 pm

RockBreaks – Trillion Energy International Inc. (CSE: TCF) (OTCQB: TRLEF) Capitalizing on Black Sea Area’s Potential

Trillion Energy (CSE: TCF) (OTCQB: TRLEF), a company focused on oil and natural gas production for Europe and Türkiye, is planning strategic growth in the Black Sea area, which has emerged as a critical region for natural-gas exploration and development. “With active projects in the region, particularly in the South Akçakoca Sub-Basin (‘SASB’) off the coast of Türkiye, Trillion Energy is capitalizing on the area’s potential,” reads a recent article. “Trillion Energy has successfully brought several wells in the SASB into production, contributing to the company’s ambitious goal of increasing gas output from the Black Sea. Its current operations have…

FridayNov 22, 2024 3:00 pm

RockBreaks – Renforth Resources Inc. (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR) Leveraging Malartic Package to Meet Demand for Green Metals

Green metals play a pivotal role in promoting sustainability due to their critical use in clean-energy technologies. Renforth Resources (CSE: RFR) (OTCQB: RFHRF) (FSE: 9RR), a Canadian exploration company, was featured in a recent article discussing its positioning to contribute to the green-metals supply through its Quebec-based Malartic Metals Package. “Featuring a 20km-long geological structure hosting nickel, zinc, copper and cobalt — all essential green metals — Renforth’s Victoria polymetallic structure, running across the centre of the Malartic Metals Package, holds significant promise. By exploring and advancing this and several similar occurrences on the property, Renforth is strategically aligning itself…

ThursdayNov 21, 2024 3:29 pm

RockBreaks – Torr Metals Inc. (TSX.V: TMET) Exploring Vast, Untapped Potential at Filion Gold Project

Torr Metals Inc. (TSX.V: TMET), an emerging player in the mining sector, is making significant strides at its extensive 261 km² Filion Gold Project, aiming to unlock new greenfield gold potential. “Encompassing an entire prospective greenstone belt and located conveniently along the Trans-Canada Highway, the Filion Project draws interesting parallels to the famed Hemlo gold deposit to the south, which was similarly situated before its landmark discovery and successive staking rush in the 1980s,” reads a recent article. “We’re thrilled to mobilize field crews to the Filion Gold Project, where the untapped exploration potential is vast, spanning an unexplored 42…

WednesdayNov 20, 2024 2:00 pm

RockBreaks – McEwen Mining Inc. (NYSE: MUX) (TSX: MUX) Poised for Opportunity Amid Rising Demand for ‘AI Metals’

McEwen Mining (NYSE: MUX) (TSX: MUX) was featured in a recent article that discussed the evolution of artificial intelligence (“AI”), spotlighting Geoffrey Hinton’s (“the Godfather of AI”) award of the Nobel Prize in Physics alongside John Hopfield for their groundbreaking work that triggered the development of machine learning, the science behind AI as we know it today. The piece describes early work and systems compared to modern capabilities, showcasing significant requirements for current AI systems in terms of hardware such as microchips. “Critical metals like copper, silver and gold have consequently seen rising demand to supply the rapidly growing AI…

WednesdayNov 20, 2024 9:15 am

RockBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Featured in Editorial Highlighting Growing Demand for Critical Metals

Platinum Group Metals (NYSE American: PLG) (TSX: PTM) has been featured in a NetworkNewsWire (“NNW”) editorial, underscoring the rising investment opportunities in the mining sector fueled by increasing demand for critical and traditional metals. As clean-energy technologies drive the need for lithium, cobalt, nickel, and rare earth elements, traditional metals like copper and aluminum are also gaining renewed attention for their role in infrastructure and energy transmission. Amid economic uncertainties, gold and silver remain valuable investments, while platinum group metals (“PGMs”) are gaining prominence due to their unique industrial applications, particularly in automotive pollution control. With potential supply constraints and…

MondayNov 18, 2024 1:45 pm

RockBreaks – Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) Ownership Led by Individual Investors Holding Majority Stake

Platinum Group Metals Ltd. (NYSE American: PLG) (TSX: PTM) was featured in a recent article by Simply Wall St. The publication describes Platinum’s ownership structure, explaining that the company is primarily owned by individual investors, who hold a 51% majority stake, granting them substantial influence over the company’s governance and management decisions. Institutional investors also hold a significant portion, contributing to PTM's credibility within the investment community, though ownership remains fragmented, with the top 25 shareholders collectively owning 48%. The largest single shareholder is Hosken Consolidated Investments Limited, holding 26% of shares. Insider ownership is minimal, with less than 1%…

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