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GoldHaven Identifies Significant Indium Enrichment with Values up to 334 ppm at Magno
Globenewswire· 2026-01-22 13:30
VANCOUVER, British Columbia, Jan. 22, 2026 (GLOBE NEWSWIRE) -- GoldHaven Resources Corp. ("GoldHaven" or the "Company") (CSE: GOH) (OTCQB: GHVNF) (FSE: 4QS) is pleased to report further findings from its 2025 surface exploration program highlight indium (In) mineralization at the Magno Property in northwestern British Columbia. The program focused on verifying historical mineral occurrences and significantly expanding the property-wide geochemical dataset employing modern analytical techniques. Highlights: ...
NevGold Intercepts 5.89% Antimony Over 3.0 Meters Within 2.67 g/t AuEq Over 53.3 Meters (0.59% Antimony And 0.36 g/t Au) At Bullet Zone, and Makes New Oxide Gold Discovery Over 150 Meters East
Globenewswire· 2026-01-22 12:00
Vancouver, British Columbia, Jan. 22, 2026 (GLOBE NEWSWIRE) -- NevGold Corp. (“NevGold” or the “Company”) (TSXV:NAU) (OTCQX:NAUFF) (Frankfurt:5E50) is pleased to announce further positive oxide gold-antimony drill results and a new oxide-gold discovery at its Limousine Butte Project (the “Project”, “Limo Butte”) in Nevada. The Company has been focused on expanding the mineralization potential with step-out drilling to advance the Project to an initial gold-antimony Mineral Resource Estimate (“MRE”). Aerial ...
Nexcel Earns Initial 29.58% Interest in the Burnt Hill Tungsten Project
Newsfile· 2025-12-12 13:00
Core Insights - Nexcel Metals Corp. has earned an initial 29.58% interest in the Burnt Hill Tungsten Project located in New Brunswick, Canada, as part of an option agreement with Cadillac Ventures Inc. and a minority owner [1][3]. Financial Details - The initial 29.58% Property Interest was acquired through a payment of $170,000 in cash and the issuance of $330,000 in common shares, totaling 355,775 shares at a deemed price of $0.78 per share [2]. - The company can earn an additional 28.42% interest, bringing the total to 58%, by paying $250,000 in cash and issuing $600,000 in common shares [3]. Project Overview - The Burnt Hill Project covers approximately 1540 hectares and includes a historical mineral resource estimate (MRE) of 1,761,000 tonnes with an average grade of 0.292% WO3, 0.007% MoS2, and 0.008% SnO2 [6][7]. - The project also has an inferred resource of 1,520,000 tonnes averaging 0.263% WO3, 0.008% MoS2, and 0.005% SnO2 [7]. Strategic Importance - Tungsten is recognized as a critical mineral due to its unique properties and increasing demand in high-tech and defense applications, making projects like Burnt Hill strategically important for securing domestic sources [14][16].
American Resources' ReElement Technologies expands critical mineral patent portfolio
Proactiveinvestors NA· 2025-12-10 14:48
Company Overview - Proactive is a financial news publisher that provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2] - The company operates with a team of experienced and qualified news journalists, ensuring independent content production [2] Market Focus - Proactive specializes in medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [3] - The news team delivers insights across various sectors, including biotech and pharma, mining and natural resources, battery metals, oil and gas, crypto, and emerging digital and EV technologies [3] Technology Adoption - Proactive is recognized for its forward-looking approach and enthusiastic adoption of technology to enhance workflows [4] - The company utilizes automation and software tools, including generative AI, while ensuring that all content is edited and authored by humans [5]
Snow Lake Welcomes the Designation of Uranium as a Critical Mineral by the U.S. Government
Newsfile· 2025-11-10 13:30
Core Insights - The U.S. Geological Survey has designated uranium as a critical mineral, highlighting its essential role in U.S. national, economic, and energy security [1][4][7] - This designation is expected to accelerate government actions to enhance U.S. nuclear independence and support domestic uranium supply chains [3][4] Company Overview - Snow Lake Resources Ltd. operates as a U.S.-focused nuclear fuel cycle company, emphasizing uranium mining, enrichment, and small modular reactors [3][5] - The company has uranium projects in the U.S. and Namibia, along with interests in critical minerals such as rare earths and lithium [5] Industry Implications - The designation may allow qualifying uranium projects to access government funding, streamlined permitting, and procurement advantages [4][7] - This aligns the U.S. domestic uranium industry with strategic national priorities, potentially influencing the ongoing review of foreign uranium imports [4][7]
NevGold Announces Up to 85% Antimony Recovery From Positive Phase II Metallurgical Testwork at Oxide Gold-Antimony Limo Butte Project in Nevada
Globenewswire· 2025-11-05 12:00
Core Insights - NevGold Corp. announced positive antimony metallurgical testwork results at its Limousine Butte Project in Nevada, indicating strong geo-metallurgical characteristics and minimal impact on gold recoveries [1][2][4]. Summary by Sections Antimony Metallurgical Testwork - The testwork demonstrated favorable leaching results across a range of antimony grades from 0.1% to 8.5% Sb, with recoveries ranging from 71% to 92% for various samples [2][5][16]. - The results from the 0.1%-0.2% antimony grade range showed recoveries of 71% to 85%, exceeding expectations and highlighting the project's potential [4][5]. - Acid leaching is being considered as the preferred metallurgical process, allowing for on-site production of antimony metal without reliance on third-party processing [5][13]. Project Development and Activities - NevGold is actively exploring the Limo Butte Project, with 13 drill holes completed and ongoing trench sampling to assess gold-antimony mineralization [5][6][7]. - The company is working towards completing an initial gold-antimony Mineral Resource Estimate (MRE) [7]. Importance of Antimony - Antimony is classified as a "Critical Mineral" by the U.S. due to its significance in national security and various technological applications [21][22]. - The U.S. government has initiated measures to enhance domestic mineral production, particularly for antimony, to reduce reliance on foreign sources [18][19][20]. Market Context - Approximately 90% of the global antimony supply is produced by China, Russia, and Tajikistan, with recent restrictions on exports from China exacerbating supply chain concerns [22]. - The U.S. Department of Defense has prioritized domestic production of antimony to mitigate supply chain disruptions, emphasizing the strategic importance of projects like Limousine Butte [22].
Perpetua Resources Breaks Ground on the Stibnite Gold Project
Prnewswire· 2025-10-21 20:45
Core Insights - Perpetua Resources Corp. has commenced early works construction for the Stibnite Gold Project, marking a significant milestone after securing $139 million in financial assurance and meeting U.S. Forest Service requirements for construction [1][2]. Project Overview - The Stibnite Gold Project is positioned as America's only reserve of the critical mineral antimony, essential for defense and industrial applications, and aims to address the challenges posed by China's export bans [2]. - The project is expected to produce approximately 450,000 ounces of gold annually over its first four years, with total gold reserves estimated at 4.8 million ounces [2]. Economic Impact - The project is anticipated to create over 950 direct jobs during the construction phase and more than 550 direct jobs during operational phases [2]. - Perpetua Resources has received a preliminary project letter from the U.S. Export Import Bank for potential support of $2 billion in debt financing, with final consideration expected by spring 2026 [2]. Environmental and Community Benefits - The Stibnite Gold Project is designed to remediate legacy contamination, restore fish habitats, and reconnect fish to their native spawning grounds, contributing positively to the local environment [2].
5E Advanced Materials (NasdaqGS:FEAM) Conference Transcript
2025-10-20 17:02
Summary of 5E Advanced Materials Conference Call Company Overview - **Company**: 5E Advanced Materials (Ticker: FEAM) - **Focus**: Development stage exploration project centered on boron, located in the Central Mojave Desert, USA [2][3] Industry Insights - **Boron Market**: - 5E holds the third largest boron deposit globally [3] - Boron is critical for over 300 applications, including high-tech materials and defense [7][9] - The boron market is projected to grow at a CAGR of 5% to 5.5% [10][12] - Current market dynamics show a contraction due to tariffs in China, but demand in the U.S. remains strong [11][12] Economic Potential - **Pre-Feasibility Study (PFS)**: Completed in August, showing a robust NPV of $725 million for the first phase of production [3] - **Market Capitalization**: Increased from $75 million pre-PFS to $150 million post-PFS [4] - **Production Capacity**: Permitted to produce 130,000 tonnes of boron annually, with a cost profile of $600 per tonne [34][38] - **Revenue Forecast**: Anticipated EBITDA of approximately $100 million annually at commercial scale [34] Competitive Landscape - **Global Supply**: The boron market is dominated by two companies, Edimaden (Turkey) and Rio Tinto's US Borax, controlling 85% of the supply [12][13] - **Rio Tinto's Strategic Review**: New CEO has put the borates business under review, potentially leading to divestiture [13][14] - **Cost Dynamics**: Rio Tinto's costs have increased by 60%, driven by lower-grade ore extraction [13][14] Regulatory and Critical Mineral Designation - **Critical Mineral Status**: Boron is recognized as a critical mineral by the UK, EU, and the U.S. Department of Defense [15][16] - **Public Comments**: 5E submitted comments advocating for boron's inclusion on the U.S. critical minerals list, alongside other industry stakeholders [19][20] Project Development - **Pilot Plant**: Operational for over two years, with 20 tonnes of product sent for testing in Taiwan [5] - **Infrastructure**: Well-positioned with access to water and power, essential for mining operations [27][28] - **Team Expertise**: Leadership includes experienced professionals from relevant industries, enhancing operational credibility [24][26] Future Opportunities - **Expansion Potential**: The project has a mine life of 39 years, with resources sufficient for over 100 years [22] - **Market Gaps**: Opportunity to produce ferroboron, currently not sourced in the U.S., filling a gap in the supply chain for magnets [46] Conclusion - 5E Advanced Materials is strategically positioned in the growing boron market, with strong economic fundamentals, a solid project pipeline, and potential for significant growth driven by increasing demand and critical mineral designation efforts [3][34][20]
NevGold Releases Significant Oxide Gold-Antimony Results: 11.41 g/t AuEq Over 6.1 Meters (10.60 g/t Au And 0.18% Antimony) Within 2.19 g/t AuEq Over 56.4 Meters (1.74 g/t Au And 0.10% Antimony) at the Limousine Butte Project, Nevada
Globenewswire· 2025-09-25 12:00
Core Insights - NevGold Corp. announced significant historic oxide gold-antimony results at its Limousine Butte Project in Nevada, indicating promising prospects for further exploration and development in a key mining jurisdiction [1][3]. Company Activities - The company is actively exploring the Limo Butte Project with a focus on expanding the oxide gold-antimony mineralization footprint and aims to advance towards an initial Mineral Resource Estimate (MRE) [3][4]. - The current 2025 drill program has completed 8 holes with assays pending, and the company is also advancing Phase II metallurgical testwork based on positive Phase I results [3][4]. Geological Insights - Historical geological data review has identified multiple areas with strong gold-antimony potential, particularly associated with the Devonian Pilot Shale, which is known for Carlin-type gold mineralization [13][14]. - Historical mining operations within the project boundary have previously extracted antimony, indicating a history of mineralization in the area [14][15]. Industry Context - Antimony has been designated as a "Critical Mineral" by the U.S. government, essential for national security and various technological applications, with no current domestic supply [19][20]. - The U.S. Executive Order aims to strengthen domestic mineral production and reduce reliance on foreign sources, which is particularly relevant given recent export restrictions from China [16][18]. Market Dynamics - Approximately 90% of the world's antimony supply is produced by China, Russia, and Tajikistan, with recent restrictions from China exacerbating supply chain concerns [20]. - The U.S. Department of Defense has prioritized domestic production of antimony to mitigate supply chain disruptions, highlighting the importance of projects like Limousine Butte [20][21].
US Copper Commences Metallurgical Studies on Its Moonlight-Superior Copper Project
Newsfile· 2025-09-03 21:41
Core Viewpoint - US Copper Corp. has engaged Libertas Metallurgy Limited to review metallurgical work and provide recommendations for the Pre-Feasibility Study at the Moonlight-Superior Mining property in California [1][4]. Company Overview - US Copper controls approximately 10 square miles of mining claims in the Light's Creek Copper District, containing substantial copper and silver resources across three deposits: Moonlight, Superior, and Engels [7]. - The company has advanced the Moonlight project since acquiring it in 2013, conducting multiple drill programs and engineering studies [10]. Metallurgical Consulting Engagement - Libertas Metallurgy, founded in 2017, specializes in metallurgical consulting services, focusing on flotation, leaching, process design, and cost reduction [2]. - The engagement will involve reviewing existing metallurgical work, determining additional drilling needs, guiding sample selection, designing the metallurgical testwork program, and issuing RFPs to laboratories [8]. Project Development and Economic Assessment - In January 2025, US Copper released updated results from its Preliminary Economic Assessment (PEA), reporting an after-tax NPV of US$1.075 billion and a life of mine production of 1.8 billion pounds of copper [5][11]. - The PEA included a new mineral resource estimate based on recent drill programs, with indicated resources totaling 402.83 million tons at a copper grade of 0.31% [11][16]. Industry Context - The USA government recognizes copper as a critical mineral essential for various energy technologies, emphasizing the need for a strong domestic copper supply [6].