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Canada Nickel Closes Previously Announced Definitive Agreement for Creation of 'ExploreCo' with Spin-out of Eastern Exploration Properties
Prnewswire· 2025-02-24 11:45
Core Points - Canada Nickel Company Inc. has closed a definitive agreement with Noble Mineral Exploration Inc. for the consolidation of their joint venture in Mann Township and other exploration projects into a new entity named East Timmins Nickel Ltd. [1] - East Timmins is a private company with 80% ownership by Canada Nickel and 20% by Noble, and Canada Nickel issued 162,000 common shares to Noble as part of the transaction [1] - The transaction is subject to final approval from the TSX Venture Exchange [1] Company Overview - Canada Nickel is focused on advancing nickel-sulphide projects to meet the growing demand in electric vehicle and stainless-steel markets [2] - The company is pursuing the development of processes for producing net zero carbon nickel, cobalt, and iron products, and has applied for trademarks for NetZero NickelTM, NetZero CobaltTM, and NetZero IronTM [2] - Canada Nickel's flagship project is the 100% owned Crawford Nickel-Cobalt Sulphide Project located in the Timmins-Cochrane mining camp [2]
Eastern Bankshares: Emerging As A Stronger Bank
Seeking Alpha· 2025-01-24 20:32
Core Viewpoint - BAD BEAT Investing, led by Quad 7 Capital, emphasizes a strategic approach to trading, focusing on both long and short positions while educating investors on market dynamics and trading proficiency [1][2]. Group 1: Company Overview - Quad 7 Capital consists of a team of 7 analysts with diverse expertise in business, policy, economics, mathematics, game theory, and sciences [1]. - The company has been operational for nearly 12 years and is recognized for its significant market calls, including a notable recommendation in February 2020 to sell everything and go short [1]. - Since May 2020, the company has maintained an average position of 95% long and 5% short [1]. Group 2: Investment Strategy - BAD BEAT Investing focuses on short- and medium-term investments, income generation, special situations, and momentum trades [1]. - The company aims to provide high-quality research with clear entry and exit targets, thereby saving investors time [1]. Group 3: Educational Benefits - Investors can learn to navigate market fluctuations through the company's educational resources, which include well-researched trade ideas shared weekly [2]. - The company offers access to 4 chat rooms, daily analyst upgrade/downgrade summaries, and basic options trading education [2]. - Extensive trading tools are provided to enhance the trading experience for investors [2].
Standard Uranium Acquires Umbra and Sable Uranium Projects and Completes Geophysical Surveys on Rocas and Atlantic Projects, Eastern Athabasca Basin, Saskatchewan
Newsfile· 2025-01-16 12:00
Core Viewpoint - Standard Uranium Ltd. has acquired the Umbra and Sable uranium projects in the eastern Athabasca Basin, enhancing its portfolio and providing opportunities for joint ventures and land deals [1][3][8] Group 1: Project Acquisitions - The Umbra project covers 3,680 hectares and is located 19 km WNW of the McArthur River Mine, targeting high-grade uranium mineralization [4][8] - The Sable project spans 1,590 hectares, located 35 km NW of the Cigar Lake uranium mine, with potential for high-grade unconformity-related uranium mineralization [6][8] Group 2: Geophysical Surveys - High-resolution ground gravity surveys have been completed on the Atlantic and Rocas projects, aimed at identifying zones of hydrothermal alteration and upgrading existing drill targets [2][9] - The surveys are designed to assist in identifying potential zones associated with uranium mineralization, enhancing future exploration efforts [9][11] Group 3: Exploration Potential - Both the Umbra and Sable projects are considered prospective for high-grade uranium mineralization, with modern geophysical surveying and historical data analysis expected to yield further insights [8][19] - The Umbra project features targets along electromagnetic conductors and resistivity low bullseyes, while the Sable project covers two conductive zones with potential for high-grade mineralization [3][4][6] Group 4: Company Overview - Standard Uranium holds interests in over 233,455 acres (94,476 hectares) in the Athabasca Basin, focusing on the identification and exploration of uranium targets [17][19] - The company is positioned as an emerging project generator in one of the world's richest uranium districts, with ongoing efforts to discover and develop uranium resources [17][18]
Rio Tinto and Ivanhoe Electric Acquire Land Positions on Eastern and Western Flanks of Intrepid Metals Corral Copper Property in Arizona
Newsfile· 2025-01-15 12:00
Core Viewpoint - Intrepid Metals Corp. has reported that Rio Tinto and Ivanhoe Electric have acquired mineral rights adjacent to its Corral Copper Project in Arizona, indicating strong interest from major mining companies in the region's copper potential [1][2][3]. Company Developments - Intrepid Metals has secured confidentiality agreements with four major strategic players, highlighting the value of its geological research and exploration activities [3]. - The company is preparing for a Phase 2 drill program set to commence in early 2025, focusing on expanding known mineralization zones and exploring new targets identified through recent surveys [5][10]. Project Highlights - The Corral Copper Project has shown significant potential with high-grade mineralization identified in initial drilling, including notable intercepts such as 112.95 meters of 1.50% Copper and 0.53 grams per ton Gold [3][4]. - Historical mining in the area has produced over 8 billion pounds of copper, underscoring the region's rich mining history and potential [6][7]. Strategic Positioning - The acquisition of land by Rio Tinto and Ivanhoe Electric adjacent to the Corral Project reflects a growing interest in the copper district, which is seen as a promising area for future exploration and development [2][3]. - Intrepid's strategy includes leveraging modern exploration techniques alongside historical data to advance the Corral Copper Property towards development studies [10].
ReTo Secured Production Line Contract with Middle Eastern Client
Prnewswire· 2024-12-04 13:00
Company Overview - ReTo Eco-Solutions, Inc is a provider of technology solutions and operation services for intelligent ecological environments and Internet of Things technology development services in China and other countries [1] - The company, through its operating subsidiaries in China, is engaged in ecological restoration, solid waste treatment, manufacturing and distribution of eco-friendly construction materials made from mining waste, and soil remediation materials transformed from solid waste [4] - ReTo Eco-Solutions also provides consultation, design, project implementation, and construction of urban ecological protection projects, engineering support, technical advice, and other project-related solutions [4] - The company offers roadside assistance services and technology development services utilizing Internet of Things technologies [4] Recent Business Development - ReTo's subsidiary, Beijing REIT Equipment Technology Co, Ltd, entered into a sales contract of approximately $2 million with a client in the United Arab Emirates for the sale of RT18A, a fully automatic concrete block machine [1] - The RT18A is a newly developed large-scale, fully automatic concrete block production line that offers reliable and stable operation, allowing for production of a wide range of products [2] - The production line is designed to improve performance and user experience and deliver significant value to customers [2] Management Commentary - The Chairman and CEO of ReTo expressed confidence in the company's ability to cater to a wider clientele with superior products and services through deep-rooted cooperation with Middle Eastern clients [3] - The company is committed to continuously creating value for its clients [3]
Summa Silver Commences Drilling Across the Eastern Extension of the Prolific Tonopah Mining District, Nevada
Newsfile· 2024-12-04 12:00
Core Viewpoint - Summa Silver Corp. has commenced exploration drilling at the Hughes Project in the Tonopah Mining District, Nevada, focusing on the eastern extension of the district to evaluate significant silver-gold mineralization at the Ruby discovery [2][3]. Drilling Program - A reverse-circulation rig is currently on-site at the Ruby target, with a core rig expected to arrive soon to complete drilling through the prospective target zones [4]. - The drilling program plans to cover up to 7,000 meters between the Ruby and Sapphire discoveries, located 1.3 to 4.2 km east of the Tonopah Mining District [5]. - Initial drilling will focus on step-out holes from previously identified high-grade mineralization, with notable intercepts including 1,450 g/t silver equivalent (8.41 g/t Au, 813 g/t Ag) over 3.0 m in hole SUM23-59 [5][9]. Financial Position - The company is fully funded for the drilling program, having recently closed a financing round that raised $6.5 million [6]. - During the quarterly period ended November 30, 2024, the company issued 501,500 common shares at an average price of $0.4184, generating gross proceeds of approximately $212,925 [12]. Corporate Strategy - The CEO of Summa Silver Corp. expressed optimism about the drilling targets, highlighting the potential of the Ruby discovery and the surrounding areas as some of the best prospects in Nevada [7]. - The drilling program aims to define the extent and continuity of high-grade mineralization across at least 600 meters eastward from the Ruby discovery [5][11]. Project Background - The Hughes Project includes the historic Belmont Mine, which was one of the most prolific silver producers in the U.S. from 1903 to 1929, and has not seen modern exploration prior to the company's involvement [15].
Poland becomes world's biggest gold buyer as Russia-Ukraine war prompts safe-haven push in Eastern Europe
KITCO· 2024-11-29 17:01
POLAND POLAND Ernest Hoffman Ernest Hoffman is a Crypto and Market Reporter for Kitco News. He has over 15 years of experience as a writer, editor, broadcaster and producer for media, educational and cultural organizations. Ernest began working in market news in 2007, establishing the broadcast division of CEP News in Montreal, Canada, where he developed the fastest web-based audio news service in the world and produced economic news videos in partnership with MSN and the TMX. He has a Bachelor's degree Spe ...
Vivopower Announces Date For 20-F Annual Results and Strategic Update Presentation
GlobeNewswire News Room· 2024-11-29 14:00
Webcast of the presentation will be held on Thursday December 5, 2024 at 4:45 PM Eastern Time Key strategic updates will also be provided during the call, including in relation to Caret Digital and Tembo transactions London, Nov. 29, 2024 (GLOBE NEWSWIRE) -- VivoPower International PLC (NASDAQ: “VVPR”) (the “Company” or “VivoPower”) is pleased to confirm that it will host a presentation in relation to its 20-F annual results and key strategic developments on Thursday, December 5, 2024, at 4:45 p.m. Eastern ...
Mama's Creations to Host Third Quarter Fiscal Year 2025 Earnings Call on December 10 at 4:30 p.m. Eastern Time
GlobeNewswire News Room· 2024-11-26 13:31
EAST RUTHERFORD, NJ, Nov. 26, 2024 (GLOBE NEWSWIRE) -- Mama’s Creations, Inc. (NASDAQ: MAMA), a leading national marketer and manufacturer of fresh Deli prepared foods, will release financial results for the fiscal third quarter ended October 31, 2024 after market close on December 10, 2024. Management will host an investor conference call at 4:30 p.m. Eastern time on Tuesday, December 10, 2024 to discuss the Company’s third quarter fiscal 2025 financial results, provide a corporate update, and conclude wit ...
Sky Quarry to Host Business Update Conference Call on Tuesday, November 26, 2024 at 11:00 a.m. Eastern Time
GlobeNewswire News Room· 2024-11-22 13:31
WOODS CROSS, Utah, Nov. 22, 2024 (GLOBE NEWSWIRE) -- Sky Quarry Inc. (NASDAQ: SKYQ) ("Sky Quarry" or "the Company"), an integrated energy solutions company focused on transforming the waste asphalt shingle recycling industry, will hold a Business Update Conference Call on Tuesday, November 26, 2024 at 11:00 a.m. Eastern Time to discuss key anticipated milestones, recent listing on the Nasdaq Stock Market in conjunction with its $6.7 million public offering, facility updates, and reported financial results f ...