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Ecolomondo Keeps Delivering its Sustainable rCB
Thenewswire· 2025-08-21 16:45
Core Viewpoint - Ecolomondo Corporation has successfully shipped multiple truckloads of recovered carbon black (rCB) from its Hawkesbury TDP facility, indicating strong demand and validation of product quality from major off-take customers [1][2][3]. Group 1: Production and Operations - The Hawkesbury TDP facility has recently completed the installation and commissioning of new milling equipment and rCB processing line, leading to the processing of rCB and the receipt of five purchase orders from major customers [2][3]. - Once fully operational, the Hawkesbury facility is expected to process approximately 1 million scrap tires annually, producing around 4,000 MT of rCB, 5,000 MT of pyrolysis oil, 2,000 MT of steel, and 1,200 MT of process gas [5][10]. Group 2: Customer Adoption and Market Validation - A major off-take customer has approved the quality of Ecolomondo's rCB, and another major customer in the USA is expected to begin placing bulk purchase orders soon, reflecting confidence in the product [3][4]. - The steady adoption of rCB by off-take customers globally indicates its integration into regular production for sustainable products [4]. Group 3: Future Growth and Strategy - Ecolomondo aims to expand its operations aggressively in North America and Europe, focusing on building and operating TDP facilities strategically located near feedstock and customers [14]. - The company has received ISCC certification for its Hawkesbury facility, enhancing the commercial value of its end-products through traceability in the supply chain [15]. Group 4: Environmental Impact - The TDP process significantly reduces greenhouse gas emissions, with a 90% reduction in GHG emissions compared to the production of virgin carbon black, and is expected to reduce CO2 emissions by 15,000 tons per year at the Hawkesbury facility [19].
Viva Gold Announces Filing PEA Study for its Tonopah Gold Project, Nevada
Thenewswire· 2025-08-21 16:10
Core Viewpoint - Viva Gold Corp has filed a Preliminary Economic Assessment (PEA) report for the Tonopah Gold Project, indicating its potential viability for development as an economic open pit gold mine [1][2]. Project Overview - The Tonopah Gold Project is located approximately 20 minutes from Tonopah, Nevada, and the PEA was prepared by WSP Canada Inc. and Kappes, Cassiday Associates [1][2]. - The project is designed to operate at a rate of 45,000 tonnes per day over a seven-year mine life, producing approximately 75,000 ounces of gold annually for the first two years, with an average of 50,000 ounces per year in years three to seven [3]. Economic Results - The after-tax net present value (NPV) at a 5% discount rate is estimated at $111.6 million at a gold price of $2,400 per ounce, increasing to $363.6 million at $3,200 per ounce [4]. - The after-tax internal rate of return (IRR) is projected at 17.6% at $2,400 per ounce, rising to 43.4% at $3,200 per ounce [4]. - The after-tax payback period is estimated at 3.6 years at $2,400 per ounce, decreasing to 1.8 years at $3,200 per ounce [4]. Cost Structure - Average production cash costs are projected at $1,164 per ounce of gold, with an all-in sustaining cost (AISC) of $1,269 per ounce [4]. - Pre-production capital expenditure is estimated at $219.9 million, with $22.2 million in working capital and additional sustaining capital of $70.4 million [4]. Future Work Program - The future work program recommended by WSP and KCA includes further refinement and optimization of the final mine and process plan, with a focus on improving capital and operating costs [2][4]. Management and Company Background - Viva Gold is led by CEO James Hesketh, who has extensive experience in the mining industry, having developed and constructed eight other mines globally [7][8]. - The company is advancing the Tonopah Gold Project with the support of institutional shareholders and is committed to environmentally and socially responsible development [9][8].
Sonoro Energy Commence Drilling at the Countess Well in Alberta
Thenewswire· 2025-08-21 13:10
Core Viewpoint - Sonoro Energy Ltd. has commenced drilling the Countess Well in Alberta, targeting Mississippian-aged carbonate formations at an estimated depth of approximately 3,500 feet [1][2]. Group 1: Company Operations - The Countess Well is located at 04-15-19-15 W4, approximately 10 kilometers west of Brooks, Alberta, with Sonoro holding a 100% working interest in the project [3]. - The drilling team is focused on strict health and safety practices during the drilling program [2]. Group 2: Company Overview - Sonoro Energy Ltd. is a Calgary-based oil and gas exploration company that aims to identify and develop high-quality resource opportunities in Western Canada and the Middle East [4]. - The company is committed to responsible energy development and delivering value through operational excellence [4].
Guardian Acquires Exploration Data for Esker Gold Project, Kivalliq, Nunavut
Thenewswire· 2025-08-21 13:00
Core Viewpoint - Guardian Exploration Inc. has acquired exploration data from New Break Resources Ltd. related to the Esker gold project in Kivalliq, Nunavut, which is expected to enhance its mineral exploration capabilities [1][2]. Acquisition Details - The acquisition includes assessment data, drilling data, and GIS data related to the Esker gold project, originally discovered in 1997 [2]. - Guardian made a cash payment of $20,000 and issued 1,000,000 common shares to New Break as part of the acquisition [2]. Transaction Compliance - The acquisition is classified as an Arm's Length Transaction under TSX Venture Exchange policies, and conditional approval from the Exchange has been received [3]. - Final approval from the Exchange is anticipated after the submission of final materials [3]. Company Overview - Guardian Exploration Inc. is listed on TSXV and is involved in oil, gas, and mineral exploration and development, with projects including the Mount Cameron Property and the Sundog and Esker gold projects [4].
Wedgemount Resources Announces Unplanned Outage in Crews & Talpa Areas
Thenewswire· 2025-08-21 12:30
Core Points - Wedgemount Resources Corp. has temporarily shut in approximately 50% of its oil and gas production due to two unplanned events at third-party gas gathering pipelines [1] - The outages were initially expected to last a maximum of two weeks, but repairs are now projected to be completed in early September 2025 [2] - Wedgemount Resources is focused on maximizing shareholder value through the acquisition, development, and exploitation of oil and gas projects in Texas, USA [3]
Scandium Canada Accelerates Outreach to Industrial Users for its Patent-Pending Alloys
Thenewswire· 2025-08-21 12:10
Core Insights - Scandium Canada Ltd is initiating a strategic initiative to engage with industrial users for its advanced patent-pending aluminum scandium alloys [1][3] - The company aims to leverage the unique properties of scandium-enhanced alloys to drive adoption across various industrial applications [3][5] Company Initiatives - Scandium Canada has partnered with Productique Québec to pursue industrial partnerships and market validation [2][6] - The initiative is supported by the Centre Québécois de Recherche et de Développement de l'Aluminium (CQRDA) [2][8] - The work will be conducted through Scandium+, a division dedicated to the development of the scandium market [4] Product Development - The patent-pending alloys are expected to transform industries such as aerospace and transportation by offering improved strength-to-weight ratio, corrosion resistance, and fabrication flexibility [3][5] - The company is focused on delivering superior materials that enhance performance and sustainability for manufacturers and end-users [5] Collaboration and Support - Productique Québec will assist Scandium Canada in connecting with companies that can benefit from scandium alloys integration and will facilitate pilot projects and proof-of-concept demonstrations [7][8] - CQRDA's support is aimed at strengthening Quebec's industrial landscape through high-value-added aluminum transformation [9][11] Market Positioning - Scandium Canada aims to become a market leader in scandium while promoting a responsible economy through innovation and agility [12]
Nordique Resources Commences Base-of-Till Drill Program at the Isoneva Gold Project, Finland
Thenewswire· 2025-08-21 12:00
Core Viewpoint - Nordique Resources Inc. has initiated its 2025 Base-of-Till (BOT) drill program at the Isoneva Gold Project in Finland, marking a significant milestone for the company as it aims to explore a promising and underexplored region for gold discovery [1][2]. Drill Program Overview - The Isoneva Gold Project spans 1,150 hectares (11.5 km²) within the Western Finland Gold Belt, featuring excellent infrastructure and multiple high-grade gold-bearing boulder trains, with over 200 samples averaging approximately 14 g/t Au and individual assays reaching up to 462 g/t Au [2][4]. - The BOT drilling method involves shallow vertical holes through glacial overburden to collect samples, which has proven effective in the region for identifying concealed targets [3]. Drilling Details - Approximately 500 BOT holes are planned, spaced 200 to 400 meters apart, with holes every 20 to 40 meters, allowing for efficient geochemical sampling across the property [4][5]. - The drilling is being conducted by Moreenityö Mäcklin using a Rotary Air Blast (RAB) rig, expected to take 2 to 3 months to complete [4][5]. Target Areas - Initial drilling will focus on three high-priority areas: Korpisalo, Ahveroinen, and Tiaskuru, characterized by strong gold-in-till anomalies and high-grade boulders [5][8]. - Korpisalo features a strong gold-in-till anomaly with a sulphidic signature, while Tiaskuru has high-grade quartz-carbonate veins with notable historic drill results [8][10]. - Ahveroinen is noted for one of the densest concentrations of gold-bearing boulders on the property, with values up to 380 g/t Au [8]. Future Plans - A follow-up winter program is scheduled for Q1 2026, which will include diamond drilling at priority areas identified through the BOT campaign and additional BOT drilling in zones accessible only during frozen ground conditions [10].
Voyageur Pharmaceuticals Initiates First Commercial Shipments of Barium Contrast Products to Canadian Clinics
Thenewswire· 2025-08-21 11:00
Core Viewpoint - Voyageur Pharmaceuticals Ltd. has successfully completed its first commercial delivery of Health Canada-approved barium contrast products, marking a significant milestone in its operations and potential market expansion [1][2]. Product Development and Market Position - The delivery was made to a leading Canadian radiology provider following successful product evaluations and regulatory milestones, with the company aiming to expand its distribution across Canada [2][4]. - Voyageur's barium contrast agents are designed for various gastrointestinal imaging applications, providing a reliable and cost-effective alternative to existing products [10][12]. Frances Creek Project - The Frances Creek Project, which is 100% owned by the company, is expected to support scalable growth and long-term supply of pharmaceutical-grade barium sulfate, with a total indicated and inferred resource of 214,800 tonnes [4][6]. - The project is anticipated to play a critical role in the company's FDA filings for entering the U.S. market and advancing towards production [3][4]. Cost Efficiency and Competitive Advantage - Voyageur's production costs are estimated at approximately C$620-$650 per tonne, significantly lower than foreign imports priced at C$10,000 per tonne, providing a competitive edge in the market [6][11]. - The company's vertical integration strategy is expected to enhance margins, ensure quality control, and create a lasting competitive advantage in the barium contrast media market [11][16]. Sustainability and Future Plans - Voyageur aims for carbon-neutral operations utilizing advanced capture technology, aligning with its sustainability focus [14][16]. - The company plans to transition into a high-margin domestic manufacturer of radiology drugs, solidifying its presence in the market [13][16].
Quantum Visits Babine Copper Projects, BC
Thenewswire· 2025-08-20 21:40
Core Viewpoint - Quantum Critical Metals Corp. is advancing its Babine copper projects in British Columbia, focusing on site visits to establish access, verify previous showings, and conduct geological mapping and sampling [1][8]. Group 1: Project Details - The Babine North property includes the historic Friday Red copper showing, featuring disseminated chalcopyrite within volcanic rocks, located 90 km east of Hazelton, B.C. [2] - The Babine East property hosts the Adda showing, with historical assays reporting 5.49 g/t silver and 10.6% copper from chalcopyrite veins [3]. - The Babine South property covers the Bol showing, where historical sampling yielded silver values up to 2,790 g/t (99.6 oz/t) [4]. - The Babine Swift property spans 487 hectares and features various mineralization styles, with grab samples returning 0.46–1.28% copper, 11.6–14.8 g/t silver, and 0.13–2.15 g/t gold [5]. - The Babine West property covers 2,300 hectares and borders significant deposits, with exploration results reported in March 2025 [6]. Group 2: Company Strategy and Goals - The company aims to supply North America with critical minerals while exploring opportunities for joint ventures and collaborations with other mining companies [8]. - Geological mapping and outcrop sampling are identified as essential early-stage exploration activities that will lead to further geophysics and drilling [8]. - Quantum Critical Metals Corp. is strategically positioned to support the transition to a secure and sustainable critical metals supply, with a growing portfolio of projects [10].
Guardian Stakes Mineral Claims in Kivalliq Region, Nunavut
Thenewswire· 2025-08-20 21:10
Group 1 - Guardian Exploration Inc. has acquired nine claim blocks in the Kivalliq Region, Nunavut, covering 844 claim units and a total area of 16,282.05 hectares, with 100% ownership of these royalty-free claims [1][4] - The acquired land package is part of the "Esker Gold project," which extends from the "Esker" gold mineral occurrence to the "River" gold mineral occurrence [2] - The President and CEO of Guardian expressed excitement about the acquisition, highlighting the significant project area covered by the claims [3] Group 2 - Guardian Exploration Inc. is listed on TSXV and is involved in oil and gas as well as mineral exploration and development, with other prospects including the Mount Cameron Property and the Sundog and Esker gold projects [4]