Neometals and Manikaran Power commence joint feasibility study for lithium refinery in India

   Neometals Ltd {ASX: NMT}

Have initiated , a jointly-financed AACE Class 3 Feasibility Study to evaluate a lithium hydroxide refinery located in India, with partner Manikaran Power Limited, India’s leading power trading company.

The study is to evaluate a lithium hydroxide refinery located in India, with a capacity of 20,000 tonnes PA lithium carbonate equivalent. Continue reading

Goldmining Inc. – Announces Resource Estimate for the Yarumalito Gold Project in Colombia

   GoldMining Inc. (TSX: GOLD)

Announced that it has completed a maiden mineral resource estimate for its 100% owned Yarumalito Gold-Copper Project in Antioquia, Colombia..

The mineral resource estimate  is inferred resource of 66,271,000 tonnes grading 0.58 g/t gold (1,236,000 ounces) and 0.09% copper (129,262,000 pounds). Continue reading

Orla Mining write Covid-19 excluson clause into their financing agreement

   Orla Mining {TSX: OLA}

When Orla entered into an underwriting agreement for the recent $75 million fundraising with a syndicate of underwriters , they specifically included a provision to expressly exclude COVID-19 as a cause for termination of the offering.

This was prescient given the failure of the recent Silvercrest offering, terminated because of the effect of covid-19 on the markets. Continue reading

Zen Graphene Solutions developing virucidal ink to combat covid-19

   Zen Graphene Solutions Ltd.

Has agreed to an international collaboration with United Kingdom-based Graphene Composites Ltd. (GC) to fight COVID-19 by developing a potential virucidal graphene-based composite ink that can be applied to fabrics including N95 face masks and other personal protective equipment for significantly increased protection. Continue reading

Uranium Energy Corp Applauds the NFWG Report – Restoring America’s Competitive Nuclear Energy

   Uranium Energy Corp (NYSE American: UEC)

Welcomes the release of the U.S. Nuclear Fuel Working Group report addressing a multi-year strategy to assure U.S. National Security.

The report outlines a strategy to re-establish critical capabilities and provide direct support to the front end of America’s nuclear fuel cycle, including direct purchases of uranium for the strategic Uranium Reserve. Continue reading

Cartier Resources increases Chimo gold resources

   Cartier Resources Inc. {TSX.V: ECR}

Provided the results of the mineral resource estimate of the North and South gold corridors of the Chimo mine property, located 45 kilometres east of Val d’Or.

The Chimo mine property now hosts mineral resources of 585,190 ounces gold in the indicated category, and a total of 597,800 ounces gold in the inferred category. Continue reading