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  • Silver Elephant Mining Corp. announces in June, the Company mined a total of 29,270 tonnes of Paca oxide materials with an average grade of 177.5 g/t silver and trucked the Products to Andean Precious Metals Corp. in Potosi department in Bolivia. The Company has mined and shipped over 127,734 tonnes of silver-bearing oxide materials grading 177.7 g/t silver with zero safety incident since Paca operational start in October 2023. These production numbers have exceeded the Company's expectations. John Lee, CEO of Silver Elephant commented: "Silver Elephant yet again set a new monthly silver mining production record of 976 tonnes-per-day on average including a daily-high of 1,665 tonnes on June 26 from the Company's Paca project in Bolivia. "Silver Elephant has cont...
    10.07.2024
  • By Gerelyn Terzo, Benzinga
    At the intersection of society's most cutting-edge technologies - artificial intelligence and nuclear power - could lie the future economic engine driving growth for decades to come. With an AI revolution unfolding, nuclear power could be the dark horse that powers technology server farms to their next phase of growth in the United States and beyond.
    With over 100 million weekly users, OpenAI's ChatGPT chatbot ignited the frenzy around generative AI. Companies have been jockeying for position to stay ahead of the chatbot pack ever since. Technology leaders, including Google , Facebook , Amazon , Microsoft and others are pouring tens of billions of dollars into AI to sustain soaring demand. The pace isn't expected to slow anytime soon, as by 2025, corporations are...
    10.07.2024
  • Argo Gold Inc.'s. May 2024 oil production was a total of 3,375 barrels for the month, averaging 109 barrels per day. Oil prices averaged CDN$79.43 per barrel and Argo's May oil revenue was $268,111 and net operating cash flow was $175,732. May 2024 Oil Production Argo's interest Argo's Oil Revenue Argo's net operating cash flow Lindbergh 1 109 bbl/day 41 bbl/day $100,878 $65,952 Lloyd 200 bbl/day 37.5 bbl/day $92,210 $61,398 Lindbergh 2 81 bbl/day 30.5 bbl/day $75,023 $48,382 About Argo Gold Argo Gold is a Canadian mineral exploration and development company, and an oil producer. Information on Argo Gold can be obtained from SEDAR at www.sedarplus.ca and on Argo Gold's website at www.argogold.com. Argo Gold is listed on the Canadian Securities Exchange as well as and . Judy B...
    10.07.2024
  • Lithium Chile Inc. is pleased to provide an operational update on its Salar de Arizaro Project in Argentina. Lithium Chile has made significant advancements in its northeastern Arizaro claims. The latest sampling results from hole ARGENTO-06 are included. HIGHLIGHTS: Lithium Brine Sampling Results from ARGENTO-06: Three Airlift samples were taken over a 48-hour period returning the following lithium values: 652 mg/l Li 654 mg/l Li 662 mg/l Li These significant concentrations are anticipated to increase the resource volume attributed to the area of the well - in the northeastern portion of the Arizaro claims - which will also lead to classifying the resource into at least the indicated category. ARGENTINA OPERATIONS - ARIZARO PROJECT: The ARGENTO-06 rotary hole was drilled to ...
  • Greenridge Exploration Inc. , is pleased to announce it has undertaken an extensive summer exploration work program on its Carpenter Lake Project located on the southern margin of the Athabasca Basin, Saskatchewan. 2024 Summer Exploration Work Program On behalf of Greenridge, Dahrouge Geological Consulting Ltd. is conducting a fourteen-day large-scale Program on the Company's Carpenter Lake Project which includes: Detailed geological mapping in highly prospective target areas; Prospecting and rock sampling over priority target areas; and Scintillometer sweeps over priority areas that are lacking outcrop. Figure 1: Carpenter Lake Uranium Project Regional Map The primary goal of the Program is to delineate the nature of target areas, and in the process, highlight new high-prior...
  • Golden Sky Minerals Corp. is pleased to announce the results of a geophysical analysis conducted on the Rayfield target. This analysis included a 3D inversion of both airborne and ground magnetic data, which was then utilized in machine-learning algorithms to assist with future drill targeting. This method was also applied on a regional scale and successfully identified several other geophysical anomalies that shared characteristics with the historic Rayfield area. Consequently, the Company expanded its mineral claims by approximately 20%, now encompassing about 50,800 hectares covering new areas with potential for porphyry-style mineralization . Moreover, Golden Sky is excited to share that several leading mining companies have recognized the Rayfield area as a prime explora...
  • Abcourt Mines Inc. is pleased to announce its production results at the Sleeping Giant mine for the quarter ended June 30, 2024. Quarterly Highlights: Gold sale of 345.4 ounces; Production of 327.6 ounces from 1,428 tonnes of the Sleeping Giant mine at a feed grade of 7.4 g/t, with a mill recovery of 95.9%; Production of 140.0 ounces from 3,036 tonnes of the Pershing-Manitou project at a feed grade of 1.6 g/t, with mill recovery of 88.6%. Quarterly Results : Site Tonnes Milled Head Grade % Recovery Ounces Produced Sleeping Giant 1,428 7.4 95.9 327.6 Pershing-Manitou 3,036 1.6 88.6 140.0 Total 4,464 3.5 93.6 467.6 During the quarter ended June 30, the Sleeping Giant mill completed the bulk sampling of nearly 5,000 tonnes from the Pershing-Manitou project in April. A separate pre...
  • Q2-2024 Copper Production of 14.0 million pounds, 2024 Guidance Maintained $3.6M Quarterly Dividend Paid in Q2-2024, Additional $4.8 M Performance Dividend Declared Q2-2024 cash cost1 of $1.96 per pound, Outperforming Guidance Annual Maintenance Shutdown Completed According to Plan VANCOUVER, British Columbia, July 10, 2024 -- Amerigo Resources Ltd. is pleased to announce production results for the quarter ended June 30, 2024 from Minera Valle Central , the Company's 100% owned operation located near Rancagua, Chile. Dollar amounts in this news release are in U.S. dollars unless indicated otherwise. "During the second quarter, Amerigo's team at MVC completed its planned annual 8-day maintenance shutdown. Despite the non-planned impact of one million pounds of reduced copper pr...
  • Vancouver, British Columbia: Gold Basin Resources Corp. - today announced assay results for the first two reverse-circulation drill holes from the Company's ongoing resource expansion and delineation drill campaign at the Company's 100%-owned Gold Basin oxide gold project in northwestern Arizona . Highlights: Both drill holes produced broad, near-surface, high-grade oxide gold intercepts at the Stealth Deposit : 138.7 meters @ 0.93 g/t Au from 30.5 m in hole ST24-026 incl. 6.1 m @ 4.83 g/t Au from 36.6 m and 74.7 m @ 1.16 g/t Au from 94.5 m 82.3 m @ 0.94 g/t Au from 36.6 in hole ST24-027 incl. 41.2 m @ 1.07 g/t Au from 38.1 m Multiple 0.25 to 0.50 millimeter occurrences of visible gold identified in RC chip trays; As shown by previous drilling, the system remains in oxide fro...
  • Granada Gold Mine Inc. is pleased to engage John Glew as a Resource Development Advisor for the Granada Gold Mine Property. Mr. John Glew recently worked for Lafarge Canada - Quebec Atlantic Canada, Sales Manager for Projects and Mobile Plants. Lafarge is Canada's largest provider of sustainable and innovative building solutions including Aggregates, Cement, Ready Mix and Precast Concrete, Asphalt and Paving, and Road and Civil Construction. Mr. Glew, in his significant experience, advised on and developed opportunities in excess of $200 million in remote areas, and transitioned self-operations into long-term, integrated supplier contracts. He established relationships with clients, managed sales processes, contract negotiations and delivery of products and services. The curr...
  • Founders Metals Inc. announces the start of its 2024 Buese area drill program at the Antino Gold Project in southeastern Suriname. The Company plans to drill up to 7,000 metres at Buese in 2024 beginning with an initial 3,000 m phase 1 program. The drilling uses Founders' own recently acquired third diamond drill. The Company is focused on testing both high-grade shear zones along the margins of the Filuca intrusive and bulk-tonnage type targets hosted within the intrusive at Buese. Highlights Founders-owned third diamond drill rig now operating Start of 3,000 m phase 1 drilling program at Buese New induced polarization and ground magnetic surveys support previously unidentified mineralized structures confirmed with high-grade gold samples at surface Channel sample grading 9....
    10.07.2024
  • Goldshore Resources Inc. is pleased to announce that it has engaged G-Mining Services Inc. to deliver a Preliminary Economic Assessment for the Moss Gold Project . The goal is to develop an optimized and staged mine plan, and infrastructure layout, and to advance the Project toward a Project Description that will provide clarity on the scope of permitting work required. Separately, the Company has retained the services of One-eighty Consulting Group Ltd to develop a comprehensive regulatory strategy aimed at facilitating a streamlined path to construction and commercial production. Michael Henrichsen, CEO of Goldshore commented, "We are pleased to continue to execute on our strategic plan through the appointment of both G Mining and one-eighty to meaningfully advance the Moss...
    10.07.2024
  • Alphamin Resources Corp. , is pleased to provide the following update for the quarter ended June 2024: Record tin production of 4,027 tonnes, up 28% from the prior quarter Tin sales of 3,245 tonnes, with increased tin stocks from the expansion expected to clear in Q3 EBITDA3 guidance of US$54,2m, up 4% from the prior quarter Operational and Financial Summary for the Quarter ended June 20241 __________________________________________________________________________________________ 1Information is disclosed on a 100% basis. Alphamin indirectly owns 84.14% of its operating subsidiary to which the information relates. Tin production includes tin produced at Mpama South since 14 May 2024. 2Q2 2024 EBITDA and AISC represent management's guidance. 3This is not a standardized financi...
  • Renforth Resources Inc. would like to advise shareholders that financial assistance of up to a maximum of $262,500 has been granted by the Ministère des Ressources naturelles et des Forêts as part of the fourth call for projects of the Programme de soutien à l'exploration minière pour les minéraux critiques et stratégiques . This program comes from the Plan québécois pour la valorisation des MCS 2020-2025. Renforth will contribute 50% of eligible expenses. The project aims to identify and study the metallurgical characteristics of the Victoria mineralization, an approximately 20 km long polymetallic nickel occurrence, the nearby Lalonde mineralization and other similar mineralization identified within the Malartic Metals ...
  • Big Gold Inc. is pleased to announce another high-grade gold surface sampling result at the East Divide area as part of the Phase 2 Exploration program at the Tabor Project in the Shebandowan Greenstone Belt in Northwestern Ontario . The Tabor Project Phase 2 exploration was conducted over a 7.5-kilometre strike length along the major regional trend and included surface exploration, re-logging and sampling of historic drill core as well as an Induced Polarization survey that was designed to define potential areas with more abundant sulphide mineralization which often accompanies gold mineralization in the area. Big Gold most recently completed another round of surface exploration on the East Divide property and has now compiled excellent data to support drilling locations alo...
    10.07.2024



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