CEO, Brendan Shalders, commented, “During August 2024 the Company completed a wide spaced reconnaissance soil sampling program across the entire landholding at Black Swan which was assayed for the full suite of elements. Soil sample assay results have noted four promising gold in soil anomalies. The extents of the anomalies and morphology appear to be...
Author: backoffice
Exploring Northern Australia’s Golden Potential
Both the Northern Territory and North Queensland have considerable untapped potential for gold mining. As governments seek to foster mining in these regions, there is now a golden opportunity for exploration and development. New projects underway may shift the gold mining focus in Australia in the coming years, providing an opportunity for local economies and...
Uranium Stocks: 5 Biggest Companies in 2024
The market is benefiting from more countries committing to building and expanding their nuclear energy supply. Investors are also recognizing the value in the reliable, clean electricity that uranium can produce. The list below provides an overview of the five largest uranium companies by market cap. All data was current as of September 18, 2024....
Significant Expansion of Stated Resources at Lake Maitland and the Wiluna Uranium Project
The new resource table is included in Appendix 1, all of the details for the re-estimation are in the JORC Table 1 in Appendix 2 and all drill hole details used in the re-estimation are listed in Appendix 3. The Competent Persons’ Statement can be found at the end of this ASX announcement. Management Commentary...
Saga Metals
Saga Metals has five fully owned exploration assets in top-tier mining jurisdictions in Canada. Its primary projects, Double Mer and Legacy are prospective for uranium and lithium, respectively. Its secondary assets are Radar (titanium-vanadium) and North Wind (iron ore). This JV allows Saga to focus on its other primary asset, the Double Mer Uranium project,...
Saga Metals Lists on TSX-V
The gross proceeds to be received by the company for the offering are $1,758,539.68, consisting of: (i) 2,320,750 hard-dollar (HD) units of the company at a price of 40 cents per HD unit ($928,300); (ii) 167,166 standard flow-through (FT) units of the company at a price of 48 cents per standard FT unit ($80,239.68); and...
Top 5 Canadian Mining Stocks This Week: Gold Stocks Surge as Price Strength Continues
Welcome to the Investing News Network’s weekly look at the best-performing Canadian mining stocks on the TSX and TSXV, starting with a round-up of Canadian and US data impacting the resource sector. Month-on-month, CPI was down 0.2 percent in August after increasing 0.4 percent the prior month. The slower pace was attributed to a decline...
Coniagas Battery Metals
Its focus on the exploration and development of high-demand critical metals, supported by a sustainable proprietary processing technology, puts Coniagas Battery Metals in a strategic position to leverage the rapidly expanding battery metals market and increase shareholder value. The Graal project represents a potential new nickel mine in Quebec with several advantages. First, the nickel...
ChemX Granted HiPurA® HPA New Zealand Patent and Pilot Plant Progress
Chief Executive Officer, Peter Lee said: “Patent awards continue to underpin the global rollout of ChemX’s HiPurA® technology and the Company looks forward to accelerating its commercialisation strategy in the key markets including LEDs, semiconductors and electrical vehicles following the successful commissioning of the Pilot Plant and off take negotiations which have begun.” “Importantly, ChemX...
Multiple Exciting High-Potential VMS Targets Identified at Evelyn
Anax’s Managing Director, Geoff Laing commented: “Evelyn is a rich, high-value base metal deposit and the discovery of any further ore positions within the granted Mining Lease would add considerably to the overall economics of the broader Whim Creek Project. The exploration team have done well to advance the prospectivity of the area and we...