September 23, 2021 – Vancouver, BC - Group Ten Metals Inc. (TSX.V: PGE; US OTCQB: PGEZF; FSE: 5D32) (the “Company” or “Group Ten”) is pleased to provide an update on resource modeling and exploration activities, and further announces that it has engaged researchers at the University of British Columbia to study the potential for large-scale carbon sequestration at its flagship Stillwater West PGE-Ni-Cu-Co + Au project in Montana, USA.
Exploration Update
SGS Geological Services has completed their site visit and is working with Group Ten to deliver inaugural National Instrument 43-101-compliant mineral resource estimates at the most advanced target areas at Stillwater West. Block models consisting of drill-defined nickel and copper sulphide mineralization, enriched in palladium, platinum, rhodium, gold and cobalt, are now being finalized for release in the near term. In addition to the more advanced Chrome Mountain, Camp, and Iron Mountain target areas, the inaugural resource figures will include the Crescent target area following successful expansion of the block models based on the continuity of mineralization observed in all target areas.
Diamond drilling is ongoing, with one rig at the Chrome Mountain target area and a second that completed priority holes at the Camp target area before moving to the Iron Mountain area. A total of twelve holes have been drilled to date. Conditions are favorable and the program is expected to continue into October. Expansion of the inaugural mineral resource estimate is one of the primary objectives of the 2021 drill campaign.
An Induced Polarization geophysical survey is now underway with crews currently working new survey lines to the west of the highly successful 2020 survey in the Chrome Mountain target area. In-fill lines, and additional extension lines off the east end of the previous work at the Crescent target area, are also planned.
[Blockierte Grafik: https://www.grouptenmetals.com/site/assets/files/3901/2021-09-23_nr-figs.800x0-is.jpg]
Figures 1 and 2 – Group Ten geologists John Bailey, Justin Modroo, and Nate Nelsen examine Stillwater West drill core.
Carbon Sequestration and the Potential for Low-Carbon ‘Green’ Metals at Stillwater West
The Company has engaged Dr. Greg Dipple and his team at the University of British Columbia, Canada, for a second phase of research to assess the capacity to use mineral carbonation to bind carbon dioxide for permanent disposal as part of a potential mining operation at Stillwater West. Preliminary work has shown good potential based on the presence of certain minerals at Stillwater West. This next phase of study is expected to refine and advance that work by identifying specific minerals in rock samples while beginning to look at possible reaction rates, among other items. Contingent upon the success of the current program, subsequent work would then examine reaction rates and other factors in more detail to culminate in large-scale pilot demonstration to provide data necessary for full-scale projections and inclusion in potential broader engineering studies at Stillwater West.
Group Ten President and CEO, Michael Rowley, stated, “We see the potential to reduce atmospheric carbon dioxide while providing needed battery, catalytic, and precious metals at a large scale in a premier US district as a very compelling opportunity to play a significant role in promoting global sustainability initiatives. Stillwater West hosts nickel sulphide mineralization which, compared to the laterite nickel that dominates global production, has been shown to more easily refine to the high-grade nickel sulphate that is required by the battery industry, and with a much lower environmental footprint. This new study paves the way for further reductions in the carbon footprint for all our commodities in a possible production scenario at Stillwater West, offsetting the impact of mining activities and potentially even achieving significant reductions wherein the uptake and disposal of carbon exceeds the emission from operations. In addition to being strongly aligned with Group Ten’s Environmental, Social and Governance (“ESG”) guidelines and principles, the incorporation of carbon uptake may bring financial benefits via initiatives such as the 45Q Tax Credit for Carbon Oxide Sequestration that is now in place in the US. We look forward to further announcements including our inaugural resource estimates in the near term.”
‘Green’ Metals at Stillwater West
The primary metals that are essential to global electrification and improvements in air quality include battery metals, such as nickel, copper, and cobalt, and platinum, which is essential for the low-carbon production of hydrogen via the electrolysis of water, and also for the consumption of hydrogen in fuel cells.
Moreover, platinum - along with palladium and rhodium - is also essential to environmental quality as all three are used in catalytic convertors to reduce exhaust emissions and provide clean air, with demand driven by increasingly stringent emissions requirements globally.
Group Ten has demonstrated world-class potential for both scale and grade of all six of these commodities, plus also gold, in five priority target areas where drill-defined mineralization showing strong correlations with very large geophysical anomalies across 9.2 kilometers in 3D model results, and more broadly in early-stage results across the entire 32-kilometer span of the Stillwater West project.
The Stillwater district is a prolific US mining district that hosts world-class mines and a smelter-refinery complex operated by Sibanye-Stillwater, who are widely recognized for producing palladium and platinum, along with lesser amounts of other commodities including nickel, at the highest environmental and sustainability standards. Group Ten’s location adjacent to Sibanye is very favorable to potential end-users including the domestic auto industry. The Company is focused on advancing Stillwater West as one of only a few projects in North America that may be able to help meet the shortfalls projected by analysts and EV industry leaders for environmentally responsible production of our target commodities.
About Stillwater West
The Stillwater West PGE-Ni-Cu-Co + Au project positions Group Ten as the second-largest landholder in the Stillwater Complex, adjoining and adjacent to Sibanye-Stillwater’s Stillwater, East Boulder, and Blitz PGE mines in south-central Montana, USA1. The Stillwater Complex is recognized as one of the top regions in the world for PGE-Ni-Cu-Co mineralization, alongside the Bushveld Complex and Great Dyke in southern Africa, which are similar layered intrusions. The J-M Reef, and other PGE-enriched sulphide horizons in the Stillwater Complex, share many similarities with the highly prolific Merensky and UG2 Reefs in the Bushveld Complex. Group Ten’s work in the lower Stillwater Complex has demonstrated the presence of large-scale disseminated and high-sulphide battery metals and PGE mineralization, similar to the Platreef in the Bushveld Complex2. Drill campaigns by the Company, complemented by a substantial historic drill database, are driving 3D models of Platreef-style mineralization in the five most advanced target areas, three of which are expected to become formal mineral resources by mid-2021. Multiple earlier-stage Platreef-style and reef-type targets are being advanced across the rest of the 31-kilometer length of the project based on strong correlations seen in soil and rock geochemistry, geophysical surveys, geologic mapping, and drilling.
About Group Ten Metals Inc.
Group Ten Metals Inc. is a TSX-V-listed Canadian mineral exploration company focused on the development of high-quality platinum, palladium, nickel, copper, cobalt, and gold exploration assets in top North American mining jurisdictions. The Company’s core asset is the Stillwater West PGE-Ni-Cu-Co + Au project adjacent to Sibanye-Stillwater’s high-grade PGE mines in Montana, USA. Group Ten also holds the high-grade Black Lake-Drayton Gold project adjacent to Treasury Metals’ development-stage Goliath Gold Complex in northwest Ontario, and the Kluane PGE-Ni-Cu-Co project on trend with Nickel Creek Platinum‘s Wellgreen deposit in Canada‘s Yukon Territory.
Beiträge von Minehunter
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GoldMining Advances Preliminary Economic Assessments And Updates Mineral Resource Estimates On Key Properties
September 23, 2021
Vancouver, British Columbia – September 23, 2021 – GoldMining Inc. (the "Company" or "GoldMining") (TSX: GOLD; NYSE American: GLDG) is pleased to announce the completion of updated Mineral Resource estimates ("MREs") for four of the most significant properties owned by the Company. The updates included new pit constrained Mineral Resource estimates on each of the 100% owned Titiribi, Whistler, La Mina and São Jorge properties in addition to an amended technical report for the Company's Yellowknife Gold project. The technical reports are available for review under the Company's profile on SEDAR (www.sedar.com) and on the Company’s website (www.goldmining.com).
Alastair Still, CEO of GoldMining, commented: "We are very pleased to have completed a foundational de-risking exercise by updating Mineral Resource estimates on four of our key properties. These properties, combined with an amended Mineral Resource estimate on Yellowknife Gold collectively represent approximately 84% of the Company’s total Measured and Indicated Mineral Resources of 16.24 million gold equivalent ounces and approximately 74% of the Company’s total Inferred Mineral Resources of 16.17 million gold equivalent ounces (see Table 1)."
Mr. Still continued: "Updating and modernizing the MREs on key properties helps lay the foundation for the next stage of further advancing the projects. We are currently progressing with preliminary economic assessments (“PEAs”) at our Yellowknife Gold project in Northwest Territories, Canada, São Jorge in Pará State, Brazil and La Mina in Antioquia, Colombia which we expect to have completed in the next six months. We look forward to sharing results of the PEAs and other activities as we continue to unlock value from our extensive portfolio of assets within favourable mining jurisdictions located entirely within the Americas.”
Highlights:
Global Mineral Resources
Pursuant to the updated MREs, GoldMining’s global aggregate of Mineral Resources totals (see Table 1 for details):- 16.24 million ounces gold equivalent in the Measured and Indicated categories;
- 16.17 million ounces gold equivalent in the Inferred category; and
- Metal prices used for gold equivalent calculations are US$1,600 per ounce gold, US$21 per ounce silver, and US$3.25 per pound copper.
Titiribi, Antioquia, Colombia (see GoldMining news release dated July 12, 2021)
- Measured and Indicated Mineral Resources of 5.54 million ounces gold, and 1,061.2 million pounds of copper (434.6 million tonnes grading 0.40 g/t gold and 0.11% copper) (see Table 1); and
- Inferred Mineral Resources of 3.15 million ounces gold and 212.6 million pounds of copper (241.9 million tonnes grading 0.41 g/t gold and 0.04% copper) (see Table 1).
La Mina, Antioquia, Colombia [i](see GoldMining news release dated July 12, 2021)
- Indicated Mineral Resources of 0.66 million ounces gold, 1.60 million ounces of silver and 150.5 million pounds of copper (28.2 million tonnes grading 0.73 g/t gold, 1.76 g/t silver and 0.24% copper) (see Table 1); and
- Inferred Mineral Resources of 0.29 million ounces gold, 0.77 million ounces silver and 81.2 million pounds of copper (13.6 million tonnes grading 0.65 g/t gold, 1.76 g/t silver and 0.27% copper) (see Table 1).
Whistler, Alaska, USA [i](see GoldMining news release dated June 21, 2021)
- Indicated Mineral Resources of 1.94 million ounces gold, 8.33 million ounces of silver and 422.0 million pounds of copper (118.2 million tonnes grading 0.51 g/t gold, 2.19 g/t silver and 0.16% copper) (see Table 1); and
- Inferred Mineral Resources of 4.67 million ounces gold, 16.06 million ounces silver and 711.4 million pounds of copper (317.0 million tonnes grading 0.46 g/t gold, 1.58 g/t silver and 0.10% copper) (see Table 1).
São Jorge, Pará State, Brazil [i](see GoldMining news release dated June 1, 2021)
- Measured and Indicated Mineral Resources of 0.71 million ounces gold (14.27 million tonnes grading 1.55 g/t gold) (see Table 1); and
- Inferred Mineral Resources of 0.72 million ounces gold (17.58 million tonnes grading 1.27 g/t gold) (see Table 1);
Yellowknife, N.W.T., Canada (Effective date March 1, 2019; Amended June 9, 2021)
- Indicated Mineral Resources of 1.06 million ounces gold (14.11 million tonnes grading 2.33 g/t gold) (see Table 1); and
- Inferred Mineral Resources of 0.74 million ounces gold (9.30 million tonnes grading 2.47 g/t gold) (see Table 1).
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Blackrock Silver Advances District-scale Targets On The Newly Staked Tonopah North Property
[Blockierte Grafik: https://blackrocksilver.com/wp…/2021/09/map-1024x792.jpg]
http://blackrocksilver.com/blackrock-silver-advances-distric…
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Deshalb für mich ein klares goodbye.
Lass mal deinen wiederholten Worten Taten folgen -
Copper - Marimaca Copper (MARI) - More Copper Than We Hoped For
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BLANDING, Utah, Sept. 16, 2021 /CNW/ - At its recent open house showcasing its uranium and rare earth businesses for local and national dignitaries and industry leaders, Energy Fuels Inc. ("Energy Fuels" or the "Company") announced the establishment of the San Juan County Clean Energy Foundation, a fund specifically designed to contribute to the communities surrounding Energy Fuels' White Mesa Mill in Southeastern, Utah. This week, Energy Fuels deposited $1 million into the Foundation and anticipates providing ongoing annual funding equal to 1% of the Mill's future revenues, providing funding to support the local economy and local priorities. The Foundation will focus on supporting education, the environment, health/wellness, and economic advancement in the City of Blanding, San Juan County, the White Mesa Ute Community, the Navajo Nation and other area communities. "The communities that surround our facility deserve to share in the benefits of the Mill's clean energy future," said Mark Chalmers, CEO of Energy Fuels. "Uranium, which is the fuel for carbon-free, emission-free baseload nuclear power, is one of the cleanest forms of energy in the world. The rare earth's we are now producing are used for the manufacture of permanent magnets for electric vehicles, wind turbines and other clean energy and modern technologies, and the thorium and other radioisotopes we are evaluating for recovery from our rare earth and uranium processing streams have the potential to provide the isotopes needed for emerging targeted alpha therapy cancer-fighting therapeutics. The very heart of our business – uranium and rare-earth production and recycling – helps us play a big part in addressing global climate change, reducing air pollution, and making the world a cleaner and healthier place. We see San Juan County as becoming a critical minerals hub for the U.S., and we believe the Foundation is truly the best way to make an impact and difference in the lives of those who work alongside us as we pursue these goals." Company executives met with local community members to better understand and identify how the Foundation will strategically support the local communities and how to best structure the Foundation. "Energy Fuels has long been a major contributor to not only the employment base of the community but also for the well-being and prosperity of this region," said Blanding's Mayor Joe B. Lyman. "Over the last year, the Company has met with local community members to understand and identify needs in the area. The formation of the Foundation is a culmination of these efforts and the beginning of a long-term commitment to improve the quality of life for everyone in the San Juan County area to help us reach our full potential." To ensure that the Foundation's contributions are well-planned and correspond to the specific needs and aspirations of the communities, the Foundation will have a community-based Advisory Board to help it determine the best allocation for the funds.
"The processing of rare earths at the White Mesa Mill, in addition to processing and recycling uranium, is one of the best opportunities I have seen in my entire 40+ year career, as electric vehicles, renewable energy systems, and other clean energy and advanced technologies drive demand," continued Mr. Chalmers. "And, the potential to also extract isotopes that can be used to fight cancer is a very important added opportunity. Investing back into the San Juan County community will give us the opportunity to help support and catalyze sustainable economic and community development, beyond good jobs and more tax revenues."
With a population of a little more than 3,000 people, Blanding is the most populous city in San Juan County. Economic contributors include mineral processing, mining, agriculture, local commerce, tourism, and transportation. The community is also a gateway to nearby natural, cultural and archaeological resources. Energy Fuels' rare earth initiative will only involve mineral processing, and it is not expected to involve any new mining in the region.
Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. Energy Fuels also produces vanadium from certain projects, as market conditions warrant, as well as rare earth carbonate. With corporate offices in Lakewood, Colorado, near Denver, and all of its assets and employees in the United States, Energy Fuels holds three of America's key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (ISR) Project in Wyoming, and the Alta Mesa ISR Project in Texas. Energy Fuels is a publicly traded company on the NYSE under the trading symbol "UUUU," and its common shares are also listed on the Toronto Stock Exchange under the trading symbol "EFR." Energy Fuels' website is www.energyfuels.com -
Labrador Gold Intersects 128.51 g/t Gold Over 1.12 Metres at Big Vein, Kingsway Project
TORONTO, Sept. 16, 2021 (GLOBE NEWSWIRE) -- Labrador Gold Corp. (TSX.V:LAB | OTCQX:NKOSF | FNR: 2N6) (“LabGold” or the “Company”) is pleased to announce further high-grade intercepts of near surface gold mineralization along the Appleton Fault Zone at its 100% controlled Kingsway project near Gander, Newfoundland. These holes were drilled as part of the Company’s 50,000 metre drill program. The Kingsway project is located in the highly prospective central Newfoundland gold belt.
Three holes K-21-47, -48, and -49 all contained intervals grading more than 12g/t Au. Hole K-21-47 intersected 128.51 g/t Au over 1.12m from 168 metres in the HTC Zone which represents a “metal factor” (grade x width) of 143.9 g/t Au x m*. Hole K-21-48 intersected 35.7 g/t Au over 1.55m from 12.22m and hole K-21-49 intersected 9.6g/t Au over 10m from 51m, including 76.86g/t Au over 1m. Both intersections in holes K-21-48 and -49 are in the Big Vein Zone. A summary of the high-grade intersections, as well as other holes with assays recently received, are given in Table 1 below. *The width used to calculate metal factor is downhole width as there is insufficient information to calculate true width... -
Shipments of commercial quantities of rare earths from Energy Fuels' White Mesa Mill in Blanding represent a milestone in the creation of a new supply chain reducing dependence on foreign suppliers, while boosting significant economic potential to the area
BLANDING, Utah, Sept. 16, 2021 /CNW/ - Energy Fuels' President and CEO, Mark Chalmers is hosting business, community and industry heavyweights in Blanding, Utah to introduce the commencement of production and shipments of an intermediate rare earth element ("REE") product, called mixed rare earth carbonate ("RE Carbonate"), at its Utah-based White Mesa Mill (the "Mill"). Approximately 15 containers of RE Carbonate (300 tonnes of product) produced at the Mill is being shipped to Europe where it will be processed into separated rare earth oxides and other value-added RE compounds, thereby creating a new U.S. to Europe RE supply chain along with new opportunities and financial benefits for the surrounding communities. The Mill will be producing rare earths as a complement to its established uranium production business.The Company will also showcase its U.S. industry-leading uranium production capabilities. Energy Fuels has been the largest producer of uranium in the U.S. for the past several years, boasting more uranium production facilities, mines and capacity than any other U.S. company. The White Mesa Mill is the largest uranium production facility in the US and America's only operating uranium mill. Uranium is seeing increased interest recently, as it is the fuel for nuclear energy, which is the largest source of clean, carbon free energy in the U.S.
REEs are necessary in the production of hundreds of everyday and specialty items with a wide range of consumer applications, including cell phones, computer hard drives, electric and hybrid vehicles, and flat screen monitors and televisions. They also have significant national defense uses including electronic displays, guidance systems, lasers, and radar and sonar systems. Furthermore, with the global push to reduce greenhouse gas emissions, the expansion of green technologies such as solar and wind will continue to play a critical role, and REEs are a fundamental raw material used in the manufacturing of these clean energy sources. There are currently no U.S. companies producing separated REE oxides or any other advanced or value-added REE compounds, thereby making the US 100% dependent on the importation of these critical materials. Energy Fuels is determined to reverse that reliance and lessen the risk of disruption to the clean energy economy and our national defense.
"This is an exciting time for all of us at Energy Fuels in both the uranium and rare earth sectors," said Chalmers. "We believe the San Juan County community will benefit greatly from this rare earth initiative, as it will offer not only a safe, environmentally sensible, and domestically-generated product, but it will also stimulate local employment and be an economic boost to the area." The White Mesa Mill is currently one of the largest private employers in the county, and it is estimated that this new rare earth effort could result in an investment of hundreds of millions of dollars into the facility, which could translate into 100+ jobs in the region—one of the largest reinvestments this region has seen in decades. "In addition to the economic benefits to Utah, restoring rare earth production to the United States will greatly benefit the entire U.S. economy and manufacturing sector by providing a domestic source of clean energy materials produced to the highest global standards for environmental protection, sustainability and human rights, while also allowing for source validation and tracking from mining through final end-use applications," added Chalmers. "With the increased demand for rare earths—up to a fivefold demand increase over the next 10 years—we will need all hands-on deck. Combined with the current resurgence in uranium, rare earths represent a truly an immense opportunity for San Juan County, the State of Utah, and the United States as a whole."This move by Energy Fuels comes at a time when the Biden administration has made it a priority to reestablish the rare earths industry in the US. Currently, China dominates every aspect of the REE industry from mining to the manufacturing of REE magnets. In the early 1990's, China produced 38% of world's REEs, the US produced 33%, Australia produced 12%, and Malaysia and India produced a combined five percent with several smaller countries making up the rest (Source: What are rare earth elements, and why are they important? | American Geosciences Institute). However, a significant shift in those percentages occurred, and by 2011 97% of the world's REEs were produced in China. While China is expected to continue as the dominant player in the global REE industry, Energy Fuels believes it can create a low-cost, secure domestic alternative for end-users seeking diversity of supply and competition.
Headquartered in Lakewood, Colorado, Energy Fuels currently plans to ramp up to process up to at least 15,000 tons of monazite per year at its White Mesa Mill. This amount of monazite contains roughly 50% of current U.S. rare earth demand, along with significant quantities of uranium, which will be recovered for use in domestic nuclear energy production. "Energy Fuels and our partner, Neo Performance Materials, have made significant steps toward restoring critical U.S. and European rare earth supply chains," added Chalmers. "We are strategically seeking to increase our rare earth carbonate production in the coming years, since we first started acquiring monazite ore produced in the State of Georgia earlier this year."
Successfully producing REEs, and physically delivering the first containers of RE Carbonate to Neo for separation, is an important achievement, not only for Energy Fuels, but also for the U.S. government and its efforts to restore critical rare earth supply chains. This is also good news for end-users of rare earth products in the U.S., Europe, Japan and elsewhere who seek alternative sources of rare earths produced in the U.S. and Europe that adhere to the highest global regulations and standards of environmental protection and sustainability as well as keeping a close eye on human rights.
Because monazite contains naturally occurring radioactive elements, including uranium, the White Mesa Mill is the ideal location to process this valuable material. The Mill will recover the uranium from the monazite, which will be used for the generation of clean nuclear energy. The Mill is also evaluating the recovery of thorium which has potential uses in advanced nuclear technologies along with medical isotopes needed for emerging targeted alpha cancer therapies. In addition, the monazite that is received from Georgia contains over 50% REEs, which means Energy Fuels can recover large quantities of REEs while generating relatively tiny amounts of waste. "We have an exceptional track record of environmental protection and regulatory compliance at the Mill. We also have a lot of experience in safely handling and working responsibly with low-level, natural radioactive elements contained in a variety of uranium ores and recycled alternate feed materials," stated Curtis Moore, Energy Fuels' VP of Marketing and Corporate Development. "Monazite sand contains roughly the same percentage of uranium as the ore found in mines in the Four Corners' region. So, we know we will responsibly process it for the recovery of the raw materials needed for various clean energy and advanced technologies. The safety of our community and our employees is and will always remain paramount. We also are evaluating how we can do more for our local communities, particularly local Navajo, Ute, and other Native American communities."
"Energy Fuels recognizes the lingering distrust in communities that witnessed and experienced the health and environmental impacts from historic Cold War uranium mining operations, which continue to impact perceptions. We are deeply committed to addressing the world's most pressing environmental issues, while advancing toward the electrification of the world economy. We believe that unlocking the value of domestically produced monazite and the domestic production of rare earths, combined with our existing uranium business, is a significantly positive step." Energy Fuels has and continues to be profoundly committed to responsible and modern mining and production, and all U.S. uranium and REE production is done to the highest global standards for environmental protection and human rights. -
Wenns wirklich knapp wird sollte der U-Preis keine Rolle mehr spielen und extreme Werte erreichen.
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Successful Completion of A$2.2 million Strategic Placement;
Bastion’s Executive Chairman, Mr Ross Landles, commented: “This
strategic placement adds additional strength to our balance sheet and positions
Bastion to aggressively progress exploration activities across our
portfolio of assets. We now can fast track our newly optioned land
package at the Capote Gold Project as well as moving forward our
previously planned activities to fuel further growth for the
Company. We welcome our new investors Levi and Simon and given their
depth of knowledge and expertise, it is our intention to consider their
appointment to our Board in the near future as we continue
to execute our strategy to identify, acquire and explore high-grade
gold districts that have been unattainable for several decades and are
untouched by modern exploration methods”- A$2.2 million strategic placement completed to enhance and accelerate
Bastion’s exploration activities and inaugural drilling campaign;- Exploration and drilling program will begin at
the high-grade Capote Gold Project and will include Bastion’s newly
optioned ground, which hosts the San Juan vein system;- Drilling is set to commence as soon as
possible with a planned 2,400m campaign targeting the outcropping vein
systems within the Capote Gold Project; and- Key strategic high-net worth investors to the
placement, Mr Levi Mochkin and Mr Simon O’Loughlin, both of whom are
credentialed and highly regarded mining and corporate professionals.
http://www.investi.com.au/api/announcements/bmo/4defb2bb-b4d…Half Year Accounts
http://www.investi.com.au/api/announcements/bmo/6212582e-a21…
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Best Drill Intersection to Date for Resource Expansion Programme, High-Grade Lithium Pegmatite Drill Intersections, Grasscutter and Ewoyaa North Pegmatites, Ghana, West Africa; Commenting on the Company's latest progress, Vincent Mascolo, Chief Executive Officer of IronRidge, said:
"We have returned our best drill intersection to date with the highest metal
content observed (lithium grade multiplied by meters) for the resource
expansion programme at the Ewoyaa North target. The resource expansion
drilling programme has now been completed and we will maintain momentum
with five drill rigs currently active on site for the resource infill
programme. The board remains confident the additional exploration
targets will increase resource scale and improve project economics,
where we have defined Ghana's first lithium JORC compliant resource of
14.5Mt at 1.31% Li2O, within 110km of an operating deep-sea port. Infill
resource, metallurgical and hydro monitoring drilling is well underway
in addition to metallurgical test-work in support of planned Feasibilty
Studies. The Company is ideally positioned to take advantage of the
increasing demand for lithium due to its role in the stored energy
transition and looks forward to keeping shareholders up to date as the
Ewoyaa Project progresses"- Highest metal content intersection (lithium grade multiplied by
meters) reported to date in the resource expansion programme of 53m at
1.34% Li2O from 80m in hole GRC0392.- Additional high-grade lithium pegmatite intersections reported in reverse circulation ("RC"[Blockierte Grafik: https://img.wallstreet-online.de/smilies/wink.gif]
drilling results at the Ewoyaa North target adjacent to the ELP,
including highlights at a 0.4% Li2O cut-off and maximum 4m of internal
dilution of:- GRC0392: 53m at 1.34% Li2O from 80m
- GRC0393: 32m at 1.34% Li2O from 87m
- GRC0393: 19m at 1.17% Li2O from 56m
- GRC0392: 13m at 0.93% Li2O from 25m
- GRC0391: 12m at 0.93% Li2O from 84m
- GRC0390: 11m at 1.01% Li2O from 66m- Additional high-grade lithium pegmatite intersections reported in RC
drilling results at the Grasscutter target adjacent to the ELP,
including highlights at a 0.4% Li2O cut-off and maximum 4m of internal
dilution of:- GRC0374: 28m at 1.35% Li2O from 97m
- GRC0377: 19m at 1.37% Li2O from 76m
- GRC0397: 15m at 1.6% Li2O from 136m
- GRC0369: 12m at 1.44% Li2O from 70m
- GRC0372: 11m at 1.29% Li2O from 105m
- GRC0398: 11m at 1.29% Li2O from 78m
- GRC0399: 11m at 1.24% Li2O from 78m
- GRC0377: 6m at 2.12% Li2O from 102m
- GRC0384: 13m at 0.97% Li2O from 147m
- GRC0384: 8m at 1.56% Li2O from 135m
- GRC0370: 9m at 1.37% Li2O from 129m
- GRC0385: 10m at 1.17% Li2O from 158m
- GRC0388: 10m at 1.11% Li2O from 58m
- GRC0401: 7m at 1.44% Li2O from 161m- All assay results now reported for the resource
expansion drilling programme with the remaining 5,443m of drilling
reported herewith.- 25,612m resource expansion programme now
completed, with infill resource drilling and metallurgical diamond core
drilling now underway with five drill rigs on site.- Ideal infrastructure support: projects located
within 110km of the operating Takoradi deep-sea port, within 100km of
the capital Accra and adjacent to the sealed Takoradi - Accra highway
and high-power transmission lines.- Highly supportive government; long mining
history, strong diversification drive and pro-renewable and stored
energy space initiatives.- Increasing lithium demand, due to its role in the stored energy transition.
http://www.globalminingreview.com/exploration-development/14…http://www.rns-pdf.londonstockexchange.com/rns/6822L_1-2021-…
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Future Metals returns to market with palladium-rich asset
Externer Inhalt www.youtube.comInhalte von externen Seiten werden ohne Ihre Zustimmung nicht automatisch geladen und angezeigt.Durch die Aktivierung der externen Inhalte erklären Sie sich damit einverstanden, dass personenbezogene Daten an Drittplattformen übermittelt werden. Mehr Informationen dazu haben wir in unserer Datenschutzerklärung zur Verfügung gestellt.Future Metals NL (ASX:FME) is debuting on the Australian Securities
Exchange, with plans to list on London's AIM in the near future.The resources company owns the Panton platinum group metals (PGM)
project located 60 kilometres north of Halls Creek in the East Kimberley
Region of Western Australia.Director Justin Tremain told Proactive that Panton is Australia's
highest-grade PGM project and is rich in palladium. With PGM prices at
record highs, its entry to the sector is timeous. - -
Black Iron Project and Key Agreement Update
Externer Inhalt www.youtube.comInhalte von externen Seiten werden ohne Ihre Zustimmung nicht automatisch geladen und angezeigt.Durch die Aktivierung der externen Inhalte erklären Sie sich damit einverstanden, dass personenbezogene Daten an Drittplattformen übermittelt werden. Mehr Informationen dazu haben wir in unserer Datenschutzerklärung zur Verfügung gestellt.http://blackiron.com/news/black-iron-project-and-key-agreeme…
"TORONTO, CANADA, Sept 13, 2021 – Black Iron Inc. (“Black Iron” or the
“Company”) (TSX: BKI; OTC: BKIRF; FWB: BIN) has received a number of
inbound inquires from shareholders over the past two weeks seeking an
update on the Shymanivske Iron Ore Project (the “Project”) and progress
with reaching binding offtake, land transfer and Ukraine government
investment support agreements.Further to the press release of the Company on June 30, 2021 and March 8, 2021, solid
progress is being made by Wood PLC (“Wood”) on the Project’s
feasibility study and Environmental Resources Management (“ERM”) on the
Environmental & Social Impact Assessment (“EISA”) which are
prerequisites to entering binding agreements for the royalty and
construction debt.
ERM continues to advance the EISA with several field site investigations
completed. Efforts are currently being made to locate Black Iron’s
future processing plant, tailings, waste rock stockpiles and the defence
training grounds to minimise the impact on the environmental and local
communities while ensuring the Project’s viability.
Similarly, Wood continues to make good progress on the Project’s
feasibility study which Black Iron anticipates completing in early 2022.
Work is currently focused on finalizing the process design criteria,
overall site layout, mine equipment selection and pit shell
optimization. The next steps entail finalizing the mass and energy
balance and the process flow diagrams, followed by major equipment
sizing upon which requests for price quotations will be sent to
equipment suppliers.The following is a brief update on the key binding contracts management is progressing:
Offtake agreement – discussions with Cargill on this
very complex binding agreement have been very positive and productive
to date with the majority of the commercial terms having been settled
and only a few key outstanding items left to resolve. The Company expects to complete these discussions shortly and will provide an update once a binding agreement is executed.Land transfer – the Deputy
Minister of Defence (“MOD”) and Chief of Ukraine’s armed forces who
were responsible for Black Iron’s land transfer agreement were both
recently replaced which has caused an unexpected delay. The Chief of the
armed forces has since been replaced and a replacement for the Deputy Minister responsible to handle Black Iron’s land transfer is anticipated to occur very soon. The MOD land transfer agreement is
not expected to impact the ability to enter into any of the other
binding agreements, but will be a condition president to funding the
Project. The change in Deputy Minister and Chief of Armed Forces
could potentially accelerate bringing the land transfer agreement to
conclusion as there may be better alignment between these two branches
of the armed forces. Engineering designs for the new military training
facility are well advanced with layout drawing for new buildings and
ranges, initial building designs and cost estimate nearly completed.Ukraine Government support & tax agreement – Ukraine’s government is still
drafting legislation for implementation of this new law and Black Iron
is compiling several large documents based on the legislation that has
been finalized to date. The Company has entered into a memorandum of
understanding on corporation with UkraineInvest which is the branch of
Ukraine’s government tasked to negotiate investment agreements.Royalty & debt financing – the next
step is for independent engineers, marketing, tax and legal advisors to
be engaged to conduct due diligence on behalf of the investors. This
will likely commence prior to year end as further progress needs to be
made on the feasibility study and EISA to ensure an efficient review
given Black Iron needs to pay the costs for this diligence on behalf of
the investors as is customary.About Black Iron
Black Iron is an iron ore exploration and development company, advancing
its 100% owned Shymanivske Iron Ore Project located in Kryviy Rih,
Ukraine. Full mineral resource details and projected project economics
can be found in the NI 43-101 technical report entitled “(Amended)
Preliminary Economic Assessment of the Re-scoped Shymanivske Iron Ore
Deposit” published in March 2020 with an effective date of November 21,
2017 under the Company’s profile on SEDAR at http://www.sedar.com. The Project
is surrounded by five other operating mines, including Metinvest’s YuGOK
and ArcelorMittal’s iron ore complex. Please visit the Company’s
website at http://www.blackiron.com for more information.For more information, please contact:
Matt Simpson
Chief Executive Officer
Black Iron Inc.
info@blackiron.com -
Corella significantly expands regional landholding after reporting broad drill intercepts of high purity bright white kaolin at Tampu;
Corella Resources Managing Director, Tony Cormack, commented “The new area under application expands our footprint to a truly regional scale in Tampu region where a distinctive granitoid basement responsible for the high purity kaolin exists. With our increased understanding from the recent drilling and a supportive community of landowners who provided guidance to known occurrences, the Company has now secured all known prospective areas for bright white kaolin in the broader Tampu area.
Both tenement applications are immediately adjacent to our existing granted tenements where a maiden mineral resource estimate is now being undertaken on the high purity bright white kaolin at the Tampu project. Our recent drilling results demonstrate that we have the highest purity kaolin in Australia and that we have scale to match.
The maiden mineral resource estimate for Tampu is on track with the Company expecting results in late September”- Two new tenement applications expand landholding by 446%
- Corella has now established a regional scale
footprint covering 768km2 (259 blocks) of contiguous ground being highly
prospective for bright white kaolin- Bright white kaolin occurrences associated with distinctive basement
geology of the Beacon region – new ELA’s lock up the kaolin potential of
the Tampu region- Maiden Mineral Resource Estimate for the Tampu Kaolin Project results expected in late September
http://cdn-api.markitdigital.com/apiman-gateway/ASX/asx-rese… -
Lumina Gold Announces C$26 Million Private Placement and Conversion of Existing Line of Credit
http://luminagold.com/news/2021/lumina-gold-announces-cdolla…Externer Inhalt www.youtube.comInhalte von externen Seiten werden ohne Ihre Zustimmung nicht automatisch geladen und angezeigt.Durch die Aktivierung der externen Inhalte erklären Sie sich damit einverstanden, dass personenbezogene Daten an Drittplattformen übermittelt werden. Mehr Informationen dazu haben wir in unserer Datenschutzerklärung zur Verfügung gestellt. -
Hier das erste covering
fair value: 10,17 cad
kanns nich öffnen... was bedeutet das:
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Signed expiry time [Tue, 14 Sep 2021 13:21:23 GMT] must be after signed start time [Tue, 14 Sep 2021 14:34:49 GMT]
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Northern Minerals
ASX ANNOUNCEMENT 13 September 2021Ore sorter system commissioned and tested on Wolverine and Banshee
Highlights
• Bulk sample test completed on 4,479 tonnes of ore from Wolverine, the largest orebody at Browns Range
• Tests results show a 45% grade increase to the mill and over 95% TREO recovery when feeding a 0.9% TREO Wolverine ore to the ore sorter circuit.
• Bulks sample tests have highlighted additional key factors to consider for ore sorting that are not apparent from small scale tests.
• Initial ore sorting tests on Banshee material shows amenability to sorting, with further testwork planned.
• Effective sorting of the lower grade Banshee material has potential to increase the Browns Range Mineral Ore Reserve estimateAustralian heavy rare earths producer, Northern Minerals Limited (ASX: NTU) (the Company) is pleased to announce that it has progressed its ore sorting project enhancement initiative with the commissioning and testing of the sorter system and is now producing ore sorted material and converting this to a 30% TREO concentrate in its’ Browns Range beneficiation plant. Northern Minerals’ CEO, Mark Tory, said “The construction, commissioning and testing of the ore
sorter circuit marks another milestone in the development of the Browns Range Project. “The positive bulk sample tests confirm the effectiveness of the ore sorting circuit on the Wolverine ore to significantly increase the head grade to the mill which is expected to result in higher production rates and lower operating costs for a full scale operation at Browns Range. “It’s also pleasing to see the initial ore sorting tests the Banshee ore showing promise which, if shown
to be effective in future tests, has potential to significantly increase the Browns Range Mineral Resource Estimate.
“Being able to test and operate the ore sorting circuit in conjunction with the pilot beneficiation plant is providing extremely valuable data that you just can’t get from small bench scale tests and this will feed into our feasibility study for a potential commercial scale heavy rare earth operation at Browns Range”.
The ore sorter system was constructed during 2020 and 2021 and commissioned in June 2021.The sorter that was installed is a 2m wide Steinert sorter that uses X-ray Transmission (XRT) and laser detectors to identify rare earth mineralisation. The sorter has been run over two test campaigns which included 41 test runs processing 5,300 tonnes of ore from the ROM stockpiles largely coming from Wolverine ore, and 5 test runs on Banshee ore that was bulk sampled from a surface costean that provided 285 tonnes of Banshee ore. -
Qualified Person:
The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed and approved by Richard Kusmirski, P.Geo., M.Sc., Skyharbour’s Head Technical Advisor and a Director, as well as a Qualified Person.
About Skyharbour Resources Ltd.:
Skyharbour holds an extensive portfolio of uranium exploration projects in Canada's Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with six drill-ready projects covering over 240,000 hectares of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project which is located 15 kilometres east of Denison's Wheeler River project and 39 kilometres south of Cameco's McArthur River uranium mine. Moore is an advanced stage uranium exploration property with high grade uranium mineralization at the Maverick Zone that returned drill results of up to 6.0% U3O8 over 5.9 metres including 20.8% U3O8 over 1.5 metres at a vertical depth of 265 metres. The Company is actively advancing the project through drill programs.
Skyharbour has a joint-venture with industry-leader Orano Canada Inc. at the Preston Project whereby Orano has earned a 51% interest in the project through exploration expenditures and cash payments. Skyharbour now owns a 24.5% interest in the Project. Skyharbour also has a joint-venture with Azincourt Energy at the East Preston Project whereby Azincourt has earned a 70% interest in the project through exploration expenditures, cash payments and share issuance. Skyharbour now owns a 15% interest in the Project. Preston and East Preston are large, geologically prospective properties proximal to Fission Uranium's Triple R deposit as well as NexGen Energy's Arrow deposit.
The Company also owns a 100% interest in the South Falcon Uranium Project on the eastern perimeter of the Basin, which contains a NI 43-101 inferred resource totaling 7.0 million pounds of U3O8 at 0.03% and 5.3 million pounds of ThO2 at 0.023%. Skyharbour has signed a Definitive Agreement with ASX-listed Valor Resources on the Hooke Lake (previously North Falcon Point) Uranium Project whereby Valor can earn-in 80% of the project through $3,500,000 in total exploration expenditures, $475,000 in total cash payments over three years and an initial share issuance.
Skyharbour's goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.Skyharbour’s Uranium Project Map in the Athabasca Basin:
[Blockierte Grafik: https://skyharbourltd.com/_resources/maps/SYH-Athabasca-Map.jpg]To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Company’s website at www.skyharbourltd.com.
-
Esker Zone Drilling:
Three holes ML21-06, -10 and -11 were drilled as a follow up to historic drilling in the Esker Target area located approx. five kilometres NE of the Main Maverick Zone where anomalous uranium geochemistry was intersected in historical holes MT-04 and MT-10 drilled in the 1980’s. Hole ML21-06 was lost prior to intersecting the target and the unconformity. Hole ML21-10 and -11 intersected significant graphitic conductors associated with faulting and pelitic rocks. The final geochemical assay results will be reported once received and fully evaluated.
Uranium Market Commentary and Update:
The uranium market has recently shown notable signs of recovery with increasing uranium prices and improving sentiment, and this recovery appears to be accelerating amid recent news and several sector-specific developments. Analysts that cover the sector have stated that this could be a sustained upswing as they are currently seeing some of the best fundamentals since pre-Fukushima which should be supportive of higher uranium prices as a major supply-side response is playing out while the sticky demand-side continues to improve. Primary mine supply has been declining and amounted to approx. 125 million lbs U3O8 in 2020 while demand continues to rise and amounted to over 180 million lbs in 2020. The spot uranium price has risen to approx. $40 / lb U3O8 but it is still below the price needed to incentivize new development to ensure sustainable and secure supply to meet growing global demand. More recently, financial entities like the Sprott Physical Uranium Trust have been purchasing millions of pounds of uranium providing upward pressure on the price.
There are 443 operable nuclear reactors and 51 new reactors under construction globally with hundreds more planned in the pipeline. China and India continue to be at the forefront of demand growth and have the largest reactor pipelines making up a significant portion of the global growth. More recently, an important emerging market for nuclear and uranium demand in small modular reactors has gained notable positive press and momentum. As the global push for decreasing carbon emissions continues, nuclear energy will play a vital role in providing base-load, carbon emissions-free, low-cost electricity generation.
On the supply-side, mine closures and production curtailment continue to dominate headlines which was exacerbated by the pandemic clearly illustrating the risks to global primary mine supply. Major production cuts and depleting mine reserves appear to be working their way into the uranium market and driving prices higher. The two largest producers, Cameco and Kazatomprom, have announced large supply cuts over the last several years and have been actively buying uranium directly in the spot market to fulfill their contract deliveries as their production profiles have decreased.
Moore Uranium Project Overview:
In June 2016, Skyharbour secured an option to acquire Denison Mine's Moore Uranium Project, on the southeastern side of the Athabasca Basin, in northern Saskatchewan and has fulfilled its earn in. The project consists of 12 contiguous claims totalling 35,705 hectares located 42 kilometres northeast of the Key Lake mill, approx. 15 kilometres east of Denison’s Wheeler River project, and 39 kilometres south of Cameco’s McArthur River uranium mine. Unconformity style uranium mineralization was discovered on the Moore Project at the Maverick Zone in April 2001. Historical drill highlights include 4.03% eU3O8 over 10 metres including 20% eU3O8over 1.4 metres, and in 2017, Skyharbour announced drill results including 6.0% U3O8 over 5.9 metres including 20.8% U3O8 over 1.5 metres at a vertical depth of 265 metres. In addition to the Maverick Zone, the project hosts other mineralized targets with strong discovery potential which the Company plans to test with future drill programs. The project is fully accessible via winter and ice roads which simplifies logistics and lowers costs. Large proportions of the property are accessible in the summer as well.Moore Lake Uranium Project Geophysics Map:
[Blockierte Grafik: https://skyharbourltd.com/_resources/maps/MooreLake-Basic-geo-revamp.jpg] -
Maverick East Zone Drilling:
Drill hole ML21-01 was drilled just west of hole ML20-12 which had intersected 0.28% U3O8 over 17.9 metres in the winter of 2020. Hole ML21-01 intersected a broad interval of uranium mineralization returning 0.07% U3O8,
beginning at 268.8 metres and extending 18.2 metres to encompass both
sandstone and basement lithologies. This hole migrated well into the
footwall and intersected structurally disrupted and clay altered to
replaced sandstone and granite, along with uranium mineralization. The
hole did return a typical footwall geochemical signature, with intense
boron enrichment (up to 8,060 ppm) in the sandstone as well as elevated
uranium, nickel and other pathfinders in the sandstone and basement.Moore Uranium Project - Maverick East Zone Drilling Map:
[Blockierte Grafik: https://mcusercontent.com/70d4eaaa67513d6f7342b6ba8/images/f96c7d76-46ae-b43d-e164-b9b7257eab4e.jpeg]Hole ML20-02 was drilled to test for continuity of the uranium mineralization within the central portion of the Maverick East Zone. The mineralized intercept in ML21-02 occurs in a broad zone that returned 0.19% U3O8 over an 11.7 metre interval from 271.8 to 283.5 metres downhole. This mineralization straddles the unconformity with approximately two thirds of the interval within basement rocks comprised of sheared, clay-altered to -replaced felsic intrusives. This hole once again intersected the main Maverick Fault towards the footwall side and the geochemistry is indicative of that with highly anomalous boron within the basement and the sandstone. The intercept confirms continuity within the central portion of the Maverick East Zone.
Drill hole ML21-03 was drilled to test for continuity of the mineralization within the eastern half of the Maverick East Zone, ten metres northeast of hole ML20-09 which returned 0.72% U3O8 over 17.5m. Hole ML21-03 intersected one of the highest grade intercepts to date on the Maverick East Zone including the highest grades discovered to date in the basement rocks at the zone. The hole returned 2.54% U3O8 over 6.0 metres from 276.0 to 282.0 metres including 6.80% U3O8 over 2.0 metres from 278.5 to 280.5 metres. This mineralization is predominantly basement-hosted and accompanied by intense clay alteration of pelitic assemblages below the unconformity as well as up to 0.83% Cu and 0.73% Ni in half metre sample intervals. This high grade zone of mineralization is open down plunge.
Drill holes ML21-04 and ML21-05 were collared to test for continuity between holes ML20-04 and -13. Hole ML21-04 was lost just above the target and the unconformity in the Maverick Fault at 238 metres. ML21-05 successfully tested the unconformity, but did not intersect significant uranium mineralization. The basement lithologies in this hole are typically intrusive in character within clay-altered to -replaced granites throughout. The sandstone is enriched in pathfinder elements, primarily boron, as is typical of footwall holes along the Maverick Fault.
Holes ML21-12 and -13 were drilled as follow up holes within the eastern end of the Maverick East Zone. Both holes were completed to depth and intersected the expected prospective faulting and geology that has been identified in the Maverick East to date. Final geochemical assay results are pending and will be reported on once received and correlated with the noted geological features.
Grid 19 Zone Drilling:
Three holes ML21-07 to -09 were drilled on the newly emplaced Grid 19 Target area located approx. ten kilometres NE of Main Maverick Zone, where two sub-parallel north trending conductors were identified by the winter SML-EM program. Holes ML21-07 and -09 were drilled along strike, 400 metres apart on the westernmost of these conductors. These holes intersected significant graphitic conductors and sulphides, basement faults, and in the case of hole ML21-07, anomalous radioactivity. Hole ML21-08 also intersected prospective basement geology. The unconformity in the Grid 19 Target area occurs at a shallow depth of approximately 190 metres. The final geochemical assay results are pending for these holes and will be reported once received and fully evaluated.Moore Uranium Project - Grid 19 Zone and Esker Zone Drilling:
[Blockierte Grafik: https://mcusercontent.com/70d4eaaa67513d6f7342b6ba8/images/93ce7209-3d5e-f923-f4db-4aefc9ede320.jpeg]