MGX Minerals Announces Winter Drilling Program to Target High-Grade Gold Mineralization at Depth at Fran Gold Project

MGX Minerals (CSE:XMG)  is pleased to announce that drilling will recommence shortly at its 100% owned Fran Gold Property (“Fran” or the “Property”) located 30km southwest of the Mount Milligan Gold-Copper Mine. Initial Winter 2018 drilling will drill a twin vertical hole to confirm and test below historic drill hole FR-027 from 2002. Hole FR-027 […]

MGX Minerals Provides Update on Spin-Out of MGX Renewables Inc.

MGX Minerals (CSE:XMG) is pleased to provide an update regarding its previously announced arrangement agreement, dated October 31, 2018 with its wholly-owned subsidiary, MGX Renewables Inc. (formerly ZincNyx Energy Solutions Inc.) (“MGX Renewables”) whereby MGX will complete the spin-out of 40% of the common shares of MGX Renewables (“MGX Renewables Shares”) pursuant to a plan […]

AVZ Minerals Boosts Manono Resource by 54.1 Percent

AVZ Minerals (ASX:AVZ) has upped the mineral resource estimate for its Manono lithium-tin–tantalum project by 54.1 percent across the measured, indicated and inferred categories. The project, located in the Democratic Republic of Congo’s Tanganyika province, is co-owned by La Congolaise D’exploitation Miniere (30 percent, a state-owned company) and Dathomir Mining Resources (10 percent, a privately […]

MGX Minerals Announces CA$8 Million Non-Brokered Private Placement Financing

MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to announce the Company intends to complete a non-brokered private placement to raise gross proceeds of up to $ 4,020,000 on a non-flow through basis (the “NFT Financing”) and a concurrent non-brokered flow through private placement to raise gross proceeds of $ 4,000,750 (the […]

Arena Minerals to Acquire Antofalla Minerals S.A.

Arena Minerals (TSXV:AN) has entered a binding share purchase agreement to acquire Antofalla Minerals S.A., which owns Argentinian lithium brine projects. As quoted in the press release: AMSA’s flagship project covers 4,000 hectares of Salar de Antofalla immediately south and adjacent to Albemarle Corporation’s Antofalla project. AMSA also has projects in the Hombre Muerto and […]

Silver Lake and Doray Minerals Sign Gold Merger Deal

Silver Lake Resources (ASX:SLR) announced on Wednesday (November 14) that it has entered a binding scheme implementation deed with fellow gold company Doray Minerals (ASX:DRM) to create a “mid-tier growth-focused gold producer.” The proposed merger would see Doray shareholders receive 0.6772 shares of Silver Lake for every Doray share they own, signifying a 37.3-percent share […]

RNC Minerals Produces 13,497 oz of Gold in October 2018

RNC Minerals Corporation (“RNC”) (TSX:RNX) is pleased to report production from the Beta Hunt Mine of 13,497 mined gold ounces for the month of October 2018 at an average grade of 9.06 g/t. Year-to-date October 31, 2018 mined gold ounces was 71,957, an increase of 60% versus the prior year period, including 25,355 ounces thus far from the Father’s […]

Tech Big News Roundup: Venzee and Mobius Execute Strategic Channel Partnership Agreement; MGX Minerals to Process First Oil & Gas Wastewater in November; Projects First Cleantech Revenue; Kontrol Energy’s Subsidiary CEMSI Receives $1.1 Million Emissions Analyzer Order

In case you missed it, here is this week’s technology big news roundup: Blockchain: Kontrol Energy’s Operating Subsidiary CEMSI Receives $ 1.1 Million Emissions Analyzer Order from Global Cement Company Cleantech: MGX Minerals to Process First Oil & Gas Wastewater in November; Projects First Cleantech Revenue Mobile: Venzee and Mobius Execute Strategic Channel Partnership Agreement To […]

Benchmark Minerals Week: Graphite+Anodes Notes from the Floor

This year’s Graphite+Anodes event, held as part of Benchmark Minerals Week, is now done, and for the Investing News Network it was a busy one. There was no shortage of industry experts and company CEOs to talk to, and of course there were presentations and panels to take in as well. If you weren’t able […]

Benchmark Minerals Week: Cathodes Notes from the Floor

This year’s Cathodes event, held as part of Benchmark Minerals Week, just wrapped up, and it was a busy event for the Investing News Network.  There was no shortage of industry experts and company CEOs to talk to, and of course there were presentations and panels to take in as well. If you weren’t able […]

Verdant Minerals Gets Environmental Approval for Phosphate Project

Verdant Minerals (ASX:VRM) has received approval from the Northern Territory Environment Protection Authority (NTEPA) for the environmental impact assessment for its Ammaroo project. With the assessment report now in hand, the company will move forward at the phosphate asset by focusing on finalizing the native title mining agreement, acquiring grants for mineral leases and later securing […]

MGX Minerals Announces Deployment of First Rapid Lithium Extraction System

MGX Minerals (CSE:XMG) (“MGX” or the “Company”) is pleased to report that engineering subsidiary PurLucid Treatment Solutions (“PurLucid”) is shipping the first petrolithium and advanced wastewater treatment system on Monday, October 8th. The commercial-scale 750 barrel per day (bpd) system will be delivered to a centralized treatment and processing facility north of Edmonton and proximate to the Alberta […]

Belmont and MGX Minerals Receive Further Encouraging Assays up to 580 ppm Lithium in Lower Level Samples Between 1270 and 1798 Feet on KB-3 in Kibby Basin, Nevada Lithium Project

Belmont Resources Inc. (“Belmont” or the “Company”) (TSXV:BEA; FSE:L3L1; DTC Eligible – CUSIP 080499403). Kibby Basin Drilling –Further Encouraging Assays: Further to our news release of September 12, 2018 Belmont and MGX Minerals Inc. (CSE:XMG) have received ICP analyses for 25 core samples collected from the core tail of hole KB-3 (1270 – 1798 feet).  Lithium values for 20 […]

Noram Confirms Terms of Transaction With Alba Minerals

Noram Ventures Inc.’s (TSXV:NRM) (OTCBB:NRVTF:US) Green Energy Inc. has entered into a property purchase agreement, effective date of May 28, 2018, with Alba Minerals Ltd., pursuant to which the company proposes to acquire the 25-per-cent minority interest held by Alba in a series of mineral claims located in Clayton Valley of Nevada. In consideration for […]

5 Top Weekly TSX Stocks: RNC Minerals Soars on Gold Discovery

The S&P/TSX Composite Index (INDEXTSI:OSPTX) opened flat on Friday (September 14), down 6.3 points to 15,995.41 at open. Canada’s largest exchange slowly climbed over the morning, and ended up picking up a few points by midday, reaching 16,008.43 at 12:17 p.m. EST. Tech sector stocks gained as much as 2 percent, but that positive activity was offset by […]

Northern Minerals Identifies Two New Rare Earths Deposits

Australian critical metals developer Northern Minerals (ASX:NTU) has identified two new high-grade rare earths deposits during a planned reverse-circulation drill program. The discoveries made at the Dazzler and Iceman sites follow-up on assay results from earlier this year. According to the report, the results of the latest drill returned values of 18m at 9.10 percent […]

MGX Minerals Announces Appointment of Lithium Process Design Expert Dr. Vuay Mehta to Oversee Lithium Upgrading and Commercial Scale Up

MGX Minerals (CSE:XMG) and engineering partner PurLucid Treatment Solutions Inc. (“PurLucid”) are pleased to announce the engagement of Dr. Vuay Mehta, former Process Development Technology Leader at FMC Lithium Corporation, to oversee final phase product upgrading and commercial scale-up operations for the Company’s rapid lithium brine extraction technology. Dr. Mehta will also oversee Hatch Engineering’s scale-up of the […]

Let the Good Times Roll: OZ Minerals Posts Massive Profit

Australian miner OZ Minerals (ASX:OZL) has released its half-year report, revealing a 59-percent increase in net profit after tax to AU$ 127.8 million. The first half of this year has been a busy one for the company, which at the very end of June commenced the compulsory acquisition of fellow Australian miner Avanco Copper, with […]

Wolf Minerals Provides Funding Update

Australian speciality metals producer Wolf Minerals Limited (ASX:WLF,LSE:WLFE) reports it has now executed all necessary full form standstill, amended and restated agreements relating to the company’s debt facilities with its existing senior lenders  and bridge loan facility to support Wolf’s short-term working capital requirements until the end of October. Wolf Minerals primary focus is the […]

Northern Minerals’ Browns Range Rare Earths Project Officially Opens

After almost eight years, Northern Minerals (ASX:NTU) has officially opened its Browns Range heavy rare earths pilot plant project in East Kimberley, Western Australia. The launch of the project, which took place on Friday (July 27), makes Northern Minerals the first producer of heavy rare earths outside of China. Browns Range’s main products are dysprosium […]

MGX Minerals Announces Mobilization for Drilling at Kibby Basin, Nevada Lithium Brine Project

MGX Minerals (CSE:XMG) is pleased to announce the engagement of Harris Exploration Drilling and Associates Inc. (“Harris Drilling”) for drilling on the Kibby Basin, Nevada lithium brine property (“Kibby Basin” or the “Property”).  MGX is partnered with Belmont Resources (TSX-V: BEA) on the Property and is currently earning a 50% interest for the purpose of […]

Cobalt Blockchain Announces Approval of DRC Cobalt and Copper License, Expects to Commence Minerals Trading

Cobalt Blockchain Inc. (“COBC” or the “Company”) (TSXV:COBC) is pleased to announce that it has received final approval for its application for a cobalt and copper license in the Democratic Republic of the Congo (“DRC”). The federal Ministry of Mines today certified the license application, renewable after two years, based on the Company’s submissions and the provincial […]

MGX Minerals and Engineering Partner Highbury Energy Announce R&D for Petroleum Coke to Synthetic Crude Oil Gasification with Vanadium, Nickel, Cobalt Extraction

MGX Minerals (CSE:XMG) and Highbury Energy Inc. (“Highbury”) are pleased to report additional work has commenced on gasification of petroleum coke (“petcoke”), an oilsands and refinery by-product, into a synthetic liquid equivalent to refinery crude oil feedstock. The expanded research and development is focused on the re-processing of petcoke waste product to a synthetic crude oil. The […]