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Atha Energy at Angilak Project Intersects High-Grade Uranium Mineralization at Mushroom Lake, Additional Results from Ku Discovery, and Identifies Significant Rib-Style 3D EM Inversion Anomalies
Accessnewswire· 2025-11-05 14:27
HIGHLIGHTS At Mushroom Lake - situated along the Lac 50 Trend and outside of the Lac 50 Exploration Target 3 area - the Company successfully completed two drillholes targeting the depth extent of uranium mineralization identified in outcrops over a 3 km strike length; Both drillholes successfully intersected uranium mineralization along 1 km of strike, with drilling highlighted by: Drillhole ML-DD-014: intersected two zones of uranium mineralization between 334.85 m and 364.45 m, with total composite minera ...
MineralRite Corporation (RITE) Engages Qualified Person (QP) to Oversee Technical Evaluation of Skull Valley Property
Newsfile· 2025-11-05 14:15
Core Insights - MineralRite Corporation has engaged ALS Geo Resources, LLC as an independent Qualified Person to oversee a two-phase technical evaluation of the Skull Valley mine-tailings project [1][2] - The engagement aims to enhance the company's commitment to transparent reporting and technical validation of its mineral asset portfolio [3] Phase One and Phase Two Evaluation - Phase One will include a detailed review of technical documentation and a confirmatory site visit, resulting in a summary technical memorandum [6] - Phase Two will culminate in a comprehensive technical report prepared in accordance with SEC Regulation S-K 1300, which will incorporate field verification, sampling, and updated resource data [6] Company Overview - MineralRite Corporation focuses on the recovery and monetization of mineral assets, aiming to create long-term value for shareholders through sustainable development and innovative processing technologies [3]
US Gold acquires strategic land parcel to advance CK Gold Project in Wyoming
Proactiveinvestors NA· 2025-11-05 14:04
Group 1 - Proactive provides fast, accessible, informative, and actionable business and finance news content to a global investment audience [2][3] - The news team covers key finance and investing hubs including London, New York, Toronto, Vancouver, Sydney, and Perth [2] - Proactive focuses on medium and small-cap markets while also covering blue-chip companies, commodities, and broader investment stories [2][3] Group 2 - The team delivers news and insights across various sectors including biotech, pharma, mining, natural resources, battery metals, oil and gas, crypto, and emerging technologies [3] - Proactive adopts technology to enhance workflows and improve content production [4][5] - All content published by Proactive is edited and authored by humans, ensuring adherence to best practices in content production and search engine optimization [5]
Buscar Company Announces Strategic Evaluation Plan for Treasure Canyon Gold Mine
Prnewswire· 2025-11-05 14:00
Core Insights - Buscar Company is evaluating the Treasure Canyon Gold Mine property in Plumas County, California, which spans approximately 200 acres and includes 10 BLM mining claims within the Plumas National Forest [1] Group 1: Strategic Approach - The management's strategic plan includes a systematic evaluation of historical mining records, assessment of existing infrastructure, and identification of pathways for future exploration and development [2] - The company is pursuing strategic partnerships to advance development while ensuring environmental compliance and stakeholder engagement [2] - A technical report prepared by a previously engaged Qualified Person (QP) has been withdrawn pending verification of qualifications, and the company is seeking a new QP to review and verify data [2] Group 2: Mineralization Potential - The property is identified as potentially hosting Iron Oxide Copper-Gold (IOCG) style mineralization, with historical records indicating possible presence of gold, copper, silver, and other metals [3] - Investors are cautioned that historical estimates and production records do not comply with S-K 1300 standards and should not be relied upon as indicators of current mineral resources or reserves [3] Group 3: Regulatory and Reporting Updates - The company will provide regular updates on the progression of initiatives, including the ongoing audit process as it moves toward full SEC reporting company status [4] - All disclosures will comply with applicable securities laws and regulations [4] Group 4: Forward-Looking Statements - The press release contains forward-looking statements regarding exploration plans, funding, regulatory approvals, and strategic partnerships [5] - These statements are based on management's current expectations and involve significant risks and uncertainties [6]
Sterling Metals Announces Fully Allocated Private Placement Of Units And Charity Flow Through Units
Accessnewswire· 2025-11-05 12:30
Core Viewpoint - Sterling Metals Corp. is conducting a non-brokered private placement to raise up to $10,000,000 through the issuance of units and charity flow-through units [1] Group 1: Offering Details - The company plans to issue up to 3,088,888 units at a price of $1.50 per unit [1] - Additionally, up to 2,333,334 charity flow-through units will be offered at a price of $2.30 per unit [1] - Each unit consists of one common share and one-half of a common share purchase warrant [1]
Xcite Resources Commences Airborne Geophysical Surveys at Uranium City Area Projects, Saskatchewan
Newsfile· 2025-11-05 12:00
Xcite Resources Commences Airborne Geophysical Surveys at Uranium City Area Projects, SaskatchewanNovember 05, 2025 7:00 AM EST | Source: Xcite Resources Inc.Vancouver, British Columbia--(Newsfile Corp. - November 5, 2025) - Xcite Resources Inc. (CSE: XRI) ("XRI", "Xcite" or the "Company"), with its partner Eagle Plains Resources Ltd. (TSX-V:EPL) (OTCQB: EGPLF) ("EPL" or "Eagle Plains") are pleased to announce the beginning of the airborne geophysical survey on the six Uranium City Projects. T ...
Titan Delivers Strong Q3 Results and Nears Construction Completion of Graphite Facility
Globenewswire· 2025-11-05 11:00
Core Insights - Titan Mining Corporation reported strong financial and operational results for Q3 2025, marking a significant inflection point as it transitions into critical minerals production, particularly natural flake graphite [1][5]. Financial and Operating Performance - Payable zinc produced in Q3 2025 was 14.64 million pounds, a 76% increase from Q3 2024, with year-to-date production totaling 45.52 million pounds [6][7]. - Revenues reached $16.8 million, up 102% compared to Q3 2024 [7]. - C1 cash costs decreased by 23% year-over-year to $1.01 per pound, while all-in sustaining costs (AISC) fell by 16% to $1.13 per pound [7][8]. - Operating cash flow for Q3 was $5.0 million, with a total of $7.1 million year-to-date [7]. Strategic and Corporate Developments - The company secured a Letter of Interest from the US EXIM Bank for up to $120 million to support the construction of a commercial graphite facility, aligning with U.S. supply-chain priorities [5][7]. - The commissioning of the graphite demonstration facility is underway, expected to be completed in Q4 2025, marking the first end-to-end natural graphite production in the U.S. in over 70 years [5][10]. - Titan identified significant concentrations of germanium at the Empire State Mine, with initial plant-feed showing promising grades [7]. Exploration and Operations - A total of 12,803 feet of exploration drilling was completed, with ongoing drilling planned for Q4 2025 [11]. - Mining operations continued in key zones, with a new 40-ton underground haul truck delivered to enhance production capabilities [9].
Caledonia Mining Corporation Plc Appointment of July Ndlovu as Independent Non-Executive Director
Globenewswire· 2025-11-05 07:00
Core Viewpoint - Caledonia Mining Corporation Plc has appointed Mr. July Ndlovu as an independent non-executive director to its board, bringing extensive experience in the mining sector to support the company's growth strategy [1][6]. Group 1: Appointment Details - Mr. July Ndlovu has over 28 years of leadership experience in the mining sector across Southern Africa, most recently serving as CEO of Thungela Resources Limited [2][3]. - His career includes significant roles at major mining companies, focusing on strategic leadership, operational excellence, and corporate governance [3][4]. - Ndlovu holds a Master's degree in Business Leadership and a BSc in Metallurgical Engineering [5]. Group 2: Board Impact - The Chairman of Caledonia, John Kelly, expressed confidence that Ndlovu's experience in scaling and transforming mining businesses will provide valuable insights as the company enters its next growth phase [6][7]. - Ndlovu's commitment to responsible leadership and stakeholder engagement aligns with the board's priorities, enhancing the company's governance framework [6]. Group 3: Current and Previous Roles - Ndlovu currently serves as an independent non-executive director at AECI Limited and has held various directorships in the mining sector [4][9]. - He is a 36% shareholder in Fremiro Investments (Private) Limited, which holds 567,266 shares in Caledonia [10].
LSEG跟“宗” | 美联储12月降息生变 鲍威尔态度转向
Refinitiv路孚特· 2025-11-05 06:02
Core Viewpoint - The article discusses the impact of the U.S. government shutdown on economic data collection and the implications for interest rate decisions by the Federal Reserve, particularly regarding potential rate cuts in December [2][24]. Group 1: Market Sentiment and Positioning - Due to the U.S. government shutdown, the CFTC's futures market positioning data is only updated until September 23 [2]. - The probability of a rate cut in January has dropped from 67.6% to 23.8% over the past two weeks [2][22]. - The U.S. dollar index rose by 0.95%, indirectly affecting gold prices [2][25]. - Managed positions in COMEX gold showed a net long position of 493 million, down 1.1% from the previous week, while silver saw a net long position increase of 5.1% [3]. Group 2: Commodity Market Dynamics - Agnico Eagle, a major gold producer, announced a $130 million investment to establish a new subsidiary focused on strategic resource projects [2]. - The net long position in U.S. futures for gold has decreased by 13% year-to-date, while platinum and copper have seen significant fluctuations [7][10][12]. - The article highlights the historical context of commodity price control through futures markets, particularly in relation to gold and copper [14]. Group 3: Economic Outlook and Predictions - The article suggests that the U.S. will likely continue to cut interest rates next year, despite potential economic challenges [26]. - It discusses the possibility of a global economic downturn, with specific reference to inflation and its impact on commodity investments [28]. - The sentiment around gold as a safe-haven asset is reinforced by the current market dynamics, with expectations of continued price increases if the Federal Reserve maintains a dovish stance [25][27].
Energy Fuels Inc. (AMEX: UUUU) Surpasses Earnings and Revenue Expectations
Financial Modeling Prep· 2025-11-05 03:04
Core Insights - Energy Fuels Inc. is a leading U.S. company in uranium and rare earth elements production, focusing on low-cost mining operations and expanding into rare earth production [1] Financial Performance - For Q3 2025, the company reported an EPS of -$0.07, better than the estimated -$0.08, with revenues of $17.71 million, exceeding expectations of $13.67 million and significantly up from $4.04 million in the same period last year [2][6] - The increase in revenue is attributed to a rise in uranium sales and successful low-cost mining operations, alongside the completion of a rare earth pilot production yielding 29 kilograms of dysprosium oxide [3] Strategic Financial Moves - Energy Fuels completed a $700 million convertible senior notes offering, enhancing its working capital to nearly $1 billion, which strengthens its liquidity position with a current ratio of about 11.50 [4][6] - Despite a negative P/E ratio of approximately -34.87, the company maintains a strong liquidity position, with a price-to-sales ratio of about 49.66, indicating investor confidence [5]