Metals News

21/04/2023

Prospect Ridge Resources Mining Exploration in B.C.'s Bowser Lake and Hazelton Groups Rock Geology

http://metalsnews.com/t1420195i

With multiple M&A activities in Canada's Northern British Columbia in 2023, mining activity in B.C. is heating up, especially in regions containing Bowser Lake Group and Hazelton Group rock geology. Bringing their long history of success in the mining industry, our next guests have a new B.C. mining project that has caught their attention. Prospect Ridge Resources' new CEO Michael Iverson and President Yan Ducharme discuss what compelled them to join their latest exploration venture searching for gold, copper and silver just south, outside British Columbia's Golden Triangle.

With multiple M&A activities in Canada's Northern British Columbia in 2023, mining activity in B.C. is heating up, especially in regions containing Bowser Lake Group and Hazelton Group rock geology. Bringing their long history of success in the minin...

31/01/2023

PROSPECT RIDGE RESOURCES ANNOUNCES PASSING OF ALLEN ALPER

http://www.metalsnews.com/t1417412i

Vancouver – January, 2023 – Prospect Ridge Resources Corp. (the "Company" or "Prospect Ridge") (CSE: PRR) (OTC: PRRSF) (FRA: OED) is saddened to announce the passing of a director, Dr. Allen Alper.

Vancouver – January [*], 2023 – Prospect Ridge Resources Corp. (the "Company" or "Prospect Ridge") (CSE: PRR) (OTC: PRRSF) (FRA: OED) is saddened to announce the passing of a director, Dr. Allen Alper.

29/11/2022

Jason Beckton, Managing Director, Prospech, Ltd. (ASX: PRS), discusses their Under Explored, Gold and Silver Exploration Licenses, in the Tethyan Magmatic Arc, in Slovakia, One of the Most Prolific Global Metal Belts

http://metalsnews.com/t1415863i

We spoke with Jason Beckton, who is Managing Director of Prospech, Ltd. (ASX: PRS). Prospech owns 100% of 204km² of prospective, under explored, and exploration licenses, in the Tethyan magmatic arc, in , which is one of the most prolific global metal belts. The Company has recently made a new discovery, at the Low Angle Normal Fault (LANF) prospect, at their historic Hodrusa-Hamre project. Drilling was conducted at the LANF targets and Schopfer prospect this summer, and Prospech is currently receiving the results. In addition, in September, the new exploration licence has been applied for and granted at the Kolba cobalt-copper-nickel property, located in Central Slovakia, proximate to the Company’s existing operations. Slovakia is an advanced economy, with producing mines and is a member of the and Eurozone.

We spoke with Jason Beckton, who is Managing Director of Prospech, Ltd. (ASX: PRS). Prospech ow...

26/11/2022

Steve Hanson, President and CEO, ACME Lithium Inc. (CSE: ACME, OTCQX: ACLHF) Discusses their Planning for a Domestic Supply of Lithium for Powering the Energy Revolution

http://metalsnews.com/t1415783i

We spoke with Steve Hanson, President and CEO of ACME Lithium Inc. (CSE: ACME, OTCQX: ACLHF), a mineral exploration Company, with multiple North American projects, in areas known for development and exploration. ACME has acquired, or is under option to acquire, a 100-per-cent interest in projects, located in Clayton Valley and Fish Lake Valley, Esmeralda County , and at Cat-Euclid and Shatford Lakes, in southeastern . The claims translate to lithium mining and extraction, in a growing market that is set to dominate in the coming years. The summer program, in Nevada, produced a significant discovery, with Lithium detected at concentrations ranging between 38 and 130 mg/L. These findings have initiated Phase 2 planning and procurement of an expanded drilling and pump test program, with a target to commence Q4 2022. In Manitoba, drilling is planned for Fall-Winter 2022-2023, based on findings from the summer exploration program.

We spoke with Steve Hanson, President and CEO of ACME Lithium Inc. (CSE: ACME, OTCQX: ACLHF), a mineral exploration Company, with multiple North Ame...

24/11/2022

Interview with Rob McEwen, Chief Owner and Chairman, McEwen Mining Inc. (NYSE: MUX, TSX: MUX): Discusses Outlook for Gold, Silver and Copper and his Goals for McEwen Mining

http://metalsnews.com/t1415720i

We spoke with Rob McEwen, Chief Owner and Chairman of McEwen Mining Inc. (NYSE: MUX, TSX: MUX), a diversified , producer and explorer, focused on the Americas, with operating mines in , and . In addition, owning 68% of McEwen , which owns a 100% of the Los Azules copper project, in San Juan Province, Argentina and it owns 100% of the Elder Creek project, in Nevada, USA. Los Azules is located in one of the most significant copper districts globally and is considered to be the 9th largest, undeveloped copper project, in the world. According to the project’s Preliminary Economic Assessment (PEA), completed in 2017, during the first 10 years of the 36 years of operations, the project is anticipated to be one of the world's larger copper producers, with costs in the lowest quartile. Near-term plans include further metallurgical, geotechnical & hydrology programs and drilling to support an updated PEA, to be released in Q1, 2023, in preparation for an IPO in Q2, 2023.

We spoke with Rob McEwen, Chief Owner and Chairman of McEwen Mining Inc. (NYSE: MUX, TSX: MUX), a diversified gold, silver producer and explorer,....

24/11/2022

Interview with Gary Thompson, Chairman, CEO, President and P.Geo., Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF): A Huge District Scale Copper-Gold-Silver-Molybdenum Project in British Columbia

http://metalsnews.com/t1415717i

We spoke with Gary Thompson, Chairman, CEO and President, and Professional Geologist of Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) a Canadian exploration Company, focused on their flagship, Thorn - - - Project (a major porphyry district). The Company’s other project, which includes the Hog Heaven Silver-Gold-Copper Project, in NW , USA (under option to Ivanhoe Electric Inc., NYSE: IE), the Atlin Goldfields Projects, located in NW BC, (under option to Pacific Bay Minerals Ltd., TSXV: PBM) and the Langis-HudBay Silver- - Projects, in .

Brixton has recently secured a strategic investment from BHP Group Limited, with the goal of advancing the Thorn Project. The wholly owned, 2,863 square kilometer Thorn Project is located in Northwestern British Columbia, at the northern extension of the prolific Golden Triangle, Canada, approximately 90 km northeast of Juneau, AK, and about 50 km from tide water. Fourteen large-scale copper-gold targets have been identified on the project, to date, that warrant further exploration work.

We spoke with Gary Thompson, Chairman, CEO and President, and Professional Geologist of Brixton Metals Corporation (TSX-V: BBB, OTCQB: BBBXF) a....

31/10/2022

Interview with Kyle Floyd, CEO, VOX Royalty Corp. (NASDAQ: VOXR, TSXV: VOX): A data driven, returns focused, Royalty Company

http://www.metalsnews.com/t1414980i

We spoke with Kyle Floyd, CEO of Vox Royalty Corp. (NASDAQ: VOXR, TSXV: VOX), a returns focused, mining royalty company established in 2014, with a portfolio of over 50 royalties and streams, spanning eight jurisdictions. Vox’s portfolio is predominantly weighted towards royalties, which make up over 70% of its portfolio weighting by NAV. In addition to the precious metals’ royalties, the Company has underlying exposure to a more diverse array of commodities, including base and battery metals and certain bulk commodities. Vox's portfolio spans four continents, but is heavily weighted to Australia and North America, where >80% of their assets are located. Vox has both immediate cash-flowing royalties, generating recurring revenue and royalties, over several long-life, economically robust development-stage assets, with great operating counterparties. Since the beginning of 2020, Vox has announced over 20 separate transactions, to acquire over 50 royalties.

We spoke with Kyle Floyd, CEO of Vox Royalty Corp. (NASDAQ: VOXR, TSXV: VOX), a returns focused, mining royalty company established in 2014, with a po...

30/10/2022

Gregg Smith, President & CEO and Greg Phaneuf, VP Finance & CFO, Grounded Lithium Corp. (GLC): Discuss their Vision to Become a Canadian Lithium Producer, Supporting the Global Energy Transition

http://www.metalsnews.com/t1414970i

We spoke with Gregg Smith, President and CEO and Greg Phaneuf, VP Finance and CFO of Grounded Lithium Corp. (GLC), a private brine exploration and development Company, with a vision to build a best-in-class, environmentally responsible, Canadian lithium producer, supporting the global energy transition shift. GLC targets and controls lands, that will support multiple 20,000 tonnes/year projects. GLC's Kindersley Lithium project has an inferred resource of 2.9M tonnes LCE. GLC intends to utilize a direct lithium extraction (DLE), in its production of battery-grade lithium carbonate equivalent, or lithium hydroxide, depending on customer preferences, an ESG-friendly process that; minimizes capital costs, reduces permitting risks and allows for faster production, with higher recoveries. Near term plans include; concentration testing, extraction testing, deliverability test results from GLC’s well, drilled in August 2022, lab pilot, additional test results from GLC proprietary wells, in addition to access to legacy oil and gas wells, and a PEA in Q3 2023.

We spoke with Gregg Smith, President and CEO and Greg Phaneuf, VP Finance and CFO of Grounded Lithium Corp. (GLC), a private lithium brine e...

30/10/2022

Dr. Dave R. Webb, President and CEO, Sixty North Gold Mining Ltd. Discusses High-Grade Gold Mining: Restarting a Past Producing Gold Mine within the Prolific Yellowknife Gold Camp, NWT

http://www.metalsnews.com/t1414967i

We spoke with Dr. Dave R. Webb, President and CEO of Sixty North Gold Mining, Ltd. (CSE: SXTY, FKT: 2F4, OTC-Pink: SXNTF), who are focused on restarting the high-grade, past producing, Mon Mine, 40 km north of Yellowknife, NWT, within the prolific Yellowknife Gold Camp. The Mon Mine produced 15,000 ounces of , from 15,000 tonnes of ore, between 1989 and 1997. Permits to explore, and mill, at 100 tpd, are in place, and the Mon Mine is the only gold project permitted for production, in the NWT. Sixty North Gold is expecting to commence its mill and mine operations in Q2 2023. It expects the first cash receipts, from gravity gold sales, to come in Q3 2023. Other targets on the property include recently discovered silver-and gold-rich VMS targets, as well as the giant shear zone-hosted gold mineralization. Recently, the Company made an unexpected, brand-new, high-grade, - - discovery, on the property, which is the first reported nickel showing in the Yellowknife Gold Belt.

We spoke with Dr. Dave R. Webb, President and CEO of Sixty North Gold Mining, Ltd. (CSE: SXTY, FKT: 2F4, OTC-Pink: SXNTF), who are foc...

28/10/2022

Colin Moorhead, Executive Chairman and MD, Xanadu Mines (ASX: XAM, TSX: XAM), Discusses Their Gold-rich Copper Exploration in Mongolia and Its Potential as One of the Last Great Copper Frontiers

http://metalsnews.com/t1414905i

We spoke with Colin Moorhead, who's Executive Chairman and Managing Director of Xanadu Mines (ASX: XAM, TSX: XAM), a company that discovers, defines, and develops globally significant porphyry - deposits, in Mongolia. The Company owns a multi-stage portfolio of projects, with the flagship Kharmagtai copper-gold project, located in Omnogovi Province, approximately 420km southeast of Ulaanbaatar, within the South Gobi porphyry copper province, which hosts most of the known porphyry deposits, in the South Gobi region of Mongolia. The project has a mineral resource estimate of 1.1Bt, with 3Mt Cu & 8Moz Au, including higher-grade core of 100Mt, grading 0.8% Cu Eq. A recent scoping study shows US$630M NPV (405-850); 20% IRR (16-25%); 4-year payback (4-7). Kharmagtai is fully funded towards a decision to construct, via strategic partnership, with Zijin Mining. Around a month ago, Xanadu kicked off a new exploration program, at their 100% owned Red Mountain project; seeking to expand strike extent of shallow, high-grade epithermal gold & copper-gold-silver skarn mineralisation. For Kharmagtai, near-term plans include a Pre-Feasibility Study (PFS) commencing Q1 CY2023, along with a reinvigorated discovery exploration program, focused on higher-grade targets.

We spoke with Colin Moorhead, who's Executive Chairman and Managing Director of Xanadu Mines (ASX: XAM, TSX: XAM), a company that discovers,...

25/10/2022

Abraham Drost, P. Geo and CEO and Director of Clean Air Metals Inc. (TSXV: AIR, OTCQB: CLRMF, FRA: CKU) Discusses Exploring and Developing the High-Grade Thunder Bay North Platinum, Palladium, Copper, and Nickel Project in Ontario

http://metalsnews.com/t1414802i

We spoke with Abraham Drost, who's a professional geologist and CEO and Director of Clean Air Metals Inc. (TSXV: AIR, FRA: CKU, OTCQB: CLRMF). Clean Air Metals' flagship asset is the 100% owned, high grade Thunder Bay North , , , and project, located near the City of Thunder Bay, and the Lac des Iles Mine, owned by Impala Platinum. The robust PEA, filed January 12, 2022, highlights a solid foundation, with a 10-year mine life, a processing rate of 3,600 tpd, LOM average operating cash cost of $86.61 per tonne, $536.4 million in total capital costs, pre-tax NPV 5% of $425.0 million and IRR of 31.1%, total revenue of C$ 2,244.8 million, and initial payback period (pre-tax) of 2.4 years. Near-term plans include completing prefeasibility studies in Q2 2023, for a low-carbon, all-electric sustainable mining operation, at Thunder Bay North. The construction decision is expected in Q4 2024.

We spoke with Abraham Drost, who's a professional geologist and CEO and Director of Clean Air Metals Inc. (TSXV: AIR, FRA: CKU, OTCQB: CLRMF).

21/10/2022

Marc Roy, CEO, Focus Graphite Inc. (TSX.V: FMS; OTCQX: FCSMF; FRANKFURT: FKC) Discusses Providing a Steady Secure Supply of Graphite to Feed the Green Energy Revolution

http://metalsnews.com/t1414687i

We spoke with Marc Roy, who is CEO of Focus Graphite Inc. (TSX.V: FMS; OTCQX: FCSMF; FRANKFURT: FKC), a technology-oriented exploration and development company that seeks to produce flake concentrate at its wholly owned Lac Knife and Lac Tétépisca flake graphite projects, located in the Côte-Nord administrative region of . As part of its mission to build long-term, sustainable shareholder value, Focus is also evaluating the feasibility of producing value-added specialty graphite products, including battery-grade spherical graphite. Near-term plans include updating of the feasibility study at Lac Knife, as well as drilling at Lac Tétépisca and moving the project to the PEA stage. Focus also holds an equity position in graphene applications developer, Grafoid Inc.

We spoke with Marc Roy, who is CEO of Focus Graphite Inc. (TSX.V: FMS; OTCQX: FCSMF; FRANKFURT: FKC), a technology-oriented exploration and development company that seeks to produce flake graphite co...

18/10/2022

Interview with David Williams, Executive Chairman, Thomson Resources Ltd (ASX: TMZ, OTCQB: TMZRF): Rapidly Advancing the New England Silver District into Production

http://metalsnews.com/t1414549i

We spoke with David Williams, who's Executive Chairman of Thomson Resources (ASX: TMZ, OTCQB: TMZRF). Thomson Resources has aggressively consolidated a large precious ( – ), base and technology metal ( , , , ) resource hub called “New England Fold Belt Hub and Spoke", that could be developed and potentially centrally processed. The Company's strategy is underpinned by its diverse portfolio of tenements across gold, silver and tin, in New South Wales and Queensland. These projects include the Webbs and Conrad Silver Projects, Texas Silver Project, and Silver Spur Silver Project, as well as the Mt Carrington Gold-Silver earn-in and JV. As part of its New England Fold Belt Hub and Spoke Strategy, Thomson is targeting, in aggregate, inground material available to a central processing facility of 100 million ounces of silver equivalent.

We spoke with David Williams, who's Executive Chairman of Thomson Resources (ASX: TMZ, OTCQB: TMZRF).

17/10/2022

Ron Thiessen, President & CEO, Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE American: NAK) Discusses the Need for their Pebble Project to Supply Copper for Electrification and Green Energy

http://metalsnews.com/t1414498i

We spoke with Ron Thiessen, President, and CEO of Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE American: NAK), a Canadian mineral exploration and development company. Northern Dynasty is focused on their principal asset, the world class Pebble Project, owned through its wholly owned -based U.S. subsidiary, Pebble Limited Partnership. The project is located in southwest Alaska about 200 miles from Anchorage and 125 miles from Bristol Bay. The Pebble Project's 2021 PEA is financially robust and combines globally significant production and excellent optionality. The ability of Pebble to produce copper at a low cash cost and generate many millions in annual taxes and other government revenues in Alaska, while setting aside appropriate closure funding, could propel this region of Alaska into prosperity and opportunity. In 2020, the project permit was denied, and in early 2021, Pebble lodged an Administrative Appeal against the decision, which continues today.

We spoke with Ron Thiessen, President, and CEO of Northern Dynasty Minerals Ltd. (TSX: NDM; NYSE American: NAK), a Canadian....

15/10/2022

Interview with Donald Bubar, P.Geo. and CEO, Avalon Advanced Materials Inc. (TSX: AVL, OTCQB: AVLNF): Uniquely Positioned for Supplying Lithium Battery Materials and the rare lithium mineral, Petalite, for high-strength Glass-Ceramic Manufacturers

http://metalsnews.com/t1414469i

We spoke with Donald Bubar, who is a Professional Geologist and CEO of Avalon Advanced Materials Inc. (TSX: AVL, OTCQB: AVLNF), a Canadian mineral development company, specializing in sustainably produced materials, for clean technology. The Company now has four advanced stage projects, providing investors with exposure to; , and , as well as rare earth elements; , and . Avalon is currently focusing on developing its Separation Rapids Lithium Project near Kenora, , while continuing to advance other projects, including its 100%-owned Lilypad Cesium-Tantalum-Lithium Project located near Fort Hope, Ontario. The Company has just announced that they entered into an off-take agreement, for petalite concentrates, from a major, non-Chinese, international glass-ceramics manufacturer. There is now considerable interest from other major glass ceramic manufacturers, in Europe and Asia, as there is presently a global shortage of petalite supply, after China took control of the traditional petalite supply sources in Zimbabwe.

We spoke with Donald Bubar, who is a Professional Geologist and CEO of Avalon Advanced Materials Inc. (TSX: AVL, OTCQB:....

15/10/2022

Interview with Garrett Ainsworth, President and CEO, District Metals Corp. (TSX-V: DMX, FRA: DFPP): Exploring for Rich Polymetallic Deposits in a World Class Mining District: Bergslagen, Sweden

http://metalsnews.com/t1414448i

We spoke with Garrett Ainsworth, who is President and CEO of District Metals Corp. (TSX-V: DMX, FRA: DFPP), a geoscience-based, systematic, and valuation-oriented exploration and development Company, focused on the world class district, of Bergslagen, . The Company's flagship is the advanced exploration stage, polymetallic Tomtebo Property that comprises 5,144 ha and is situated between two significant historic polymetallic mines, with numerous polymetallic mines and showings, along an approximate 17 km trend that exhibits similar geology, structure, alteration and VMS/SedEx style mineralization, as other significant mines within the district. The maiden drill program, at the polymetallic Gruvberget Property, completed in July 2022, has been a great success, and returned significant polymetallic assays, over appreciable widths, with continuity that remains open, from a shallow vertical depth of approximately 160 m. District Metals plans to conduct their next drilling programs in 2023.

We spoke with Garrett Ainsworth, who is President and CEO of District Metals Corp. (TSX-V: DMX, FRA: DFPP), a geoscience-based, systematic, an...

14/10/2022

As Water Disasters Compound across US and World; Genesis Systems Water From Air Company Ranked US MOST FUNDABLE COMPANY

http://metalsnews.com/t1414427i

TAMPA, FLORIDA: Genesis Systems, the visionary Tampa-based company, specializes in developing atmospheric water generation technology to combat water scarcity. This week, Pepperdine University published the U.S. Most Fundable Companies List and for the first time, a water tech company, Genesis Systems , was ranked in the top 1 percent of 1 percent of Most Investable Companies in the World. More than 4,200 companies competed for the prestigious ranking, many more were not accepted for application.

The Most Fundable Companies committee is comprised of veteran professors, data analysts, and business leaders from across industries, VCs, banks, and other finance professions. Each advancing company is subjected to rigorous examination, auditing, due diligence, and panel interviews over the course of several months. Companies are graded across a range of areas and assigned an overall composite score by independent evaluators.

Genesis Systems is no ordinary water tech company. The company’s patented technologies can create up to 100 million gallons a day of sustainable fresh water from air by harvesting moisture into special liquids mimicking how oceans absorb humidity. Since exiting stealth in 2021, Genesis Systems has rapidly climbed to the top of America’s leading green tech/ESG companies. In 2022, Genesis Systems bested more than 400 companies to become the 9th Annual Startup of the Year Breakout Success Award and People’s Choice Award winner.

14/10/2022

Startup of the Year Winner, Genesis Systems, Ranked US Most Fundable Company as Water Sector Set to Grow 40 Percent to $5.1 Trillion by 2028.

http://metalsnews.com/t1414426i

MALIBU, CALIFORNIA: As smart investors scan markets for a bright spot, the sage advice of Wall Street veteran Warren Buffet rings loud: “Be in the essentials business.” Today, the most critical essential to all economic activity is not software, computers, automobiles, or even healthcare. It’s fast becoming water.

Pepperdine University, home to The Graziadio Business School , one of America’s most prestigious business schools agrees. This week, Pepperdine University published the U.S. Most Fundable Companies List and for the first time, a water tech company, Genesis Systems , was ranked in the top 1 percent of 1 percent of Most Investable Companies in the World. More than 4,200 companies competed for the prestigious ranking, many more were not accepted for application.

The Most Fundable Companies committee is comprised of veteran professors, data analysts, and business leaders from across industries, VCs, banks, and other finance professions. Each advancing company is subjected to rigorous examination, auditing, due diligence, and panel interviews over the course of several months. Companies are graded across a range of areas and assigned an overall composite score by independent evaluators.

Genesis Systems is no ordinary water tech company. The company’s patented technologies can create up to 100 million gallons a day of sustainable fresh water from air by harvesting moisture into special liquids mimicking how oceans absorb humidity. Since exiting stealth in 2021, Genesis Systems has rapidly climbed to the top of America’s leading green tech/ESG companies. In 2022, Genesis Systems bested more than 400 companies to become the 9th Annual Startup of the Year Breakout Success Award and People’s Choice Award winner.

14/10/2022

Interview of Eric Zaunscherb, Chairman & CEO, GR Silver Mining Ltd. (TSXV|GRSL, OTCQB|GRSLF, FRANKFURT|GPE): District-Scale Silver and Gold Portfolio and Resource Expansion in a Prolific Mining District in Mexico

http://metalsnews.com/t1414410i

We spoke with Eric Zaunscherb, Chairman and CEO of GR Silver Mining Ltd. (TSXV|GRSL, OTCQB|GRSLF, FRANKFURT|GPE), a Canadian-based, -focused, junior mineral exploration company, engaged in cost effective - resource expansion, on its 100%-owned assets, located on the eastern edge of the Rosario Mining District, in the southeast of Sinaloa State, Mexico. GR Silver Mining controls 100% of two past producers, precious metal underground and open pit mines, within the expanded Plomosas Project, which includes the integrated San Marcial Area and La Trinidad acquisition. In conjunction with a portfolio of early to advanced stage exploration targets, the Company holds 734 km2 of concessions, containing several structural corridors, totaling over 75 km, in strike length. The recent drilling results include Drill Hole 22-10, which intersected 101.6 meters at 308 grams per tonne silver, from 98.5 meters downhole.

We spoke with Eric Zaunscherb, Chairman and CEO of GR Silver Mining Ltd. (TSXV|GRSL, OTCQB|GRSLF, FRANKFURT|GPE), a Canadian-based, Mexico-foc...