Category: Mining

Mining

F3 Uranium Corp.

TSX.V: $FUU, OTCQB: FUUFF, FSE: $2F3A  F3 Uranium Corp: An Outstanding Start to 2024 Over the past month, F3 Uranium Corp has been making quite a splash in the uranium mining industry, showcasing a string of significant accomplishments. As a front-runner in the exploration and development of uranium deposits, the company has gained widespread recognition for its dedication to innovation and sustainability. Focusing their efforts on tapping into the abundant uranium resources, particularly in the Patterson Lake North (PLN) area, F3 has become a pivotal figure in strategic uranium exploration. This region, celebrated for its substantial uranium potential, has been at the forefront of F3’s exploration efforts. The company’s commitment to utilizing advanced technologies and embracing sustainable practices in their exploration processes has set them apart, establishing new benchmarks in the uranium mining sector. Over this month, F3 has demonstrated a more responsible and progressive approach to mineral extraction, solidifying its position as a leader in the field. Recent Drill Results The recent completion of the first drill hole of the current winter program, PLN24-116, has marked a significant milestone in F3’s exploration journey. Drilling on section line 075S, the company has intersected substantial mineralization, including high-grade radioactivity intervals. These findings are not just a testament to the rich uranium potential of the area but also a clear indication of F3’s efficient and precise exploration techniques. The PLN24-116 drill hole is a critical component of the company’s broader exploration strategy, providing valuable insights into the geological composition and potential of the Patterson Lake North area. The success of this drilling operation is a promising sign for the company’s future endeavors and positions F3 as a leader in the uranium exploration industry. Expansion of Drilling Operations Responding to the encouraging outcomes and the significant potential of the area, F3 Uranium Corp has strategically enhanced its drilling operations by adding a second diamond drill. This expansion is a clear indication of the company’s growth and its strong commitment to thoroughly explore the B1 area. Recall that last year’s drilling in the B1 region showed potential for rich uranium deposits. With the introduction of additional drilling capacity, F3 aims to conduct a more in-depth investigation of this area. The deployment of a second diamond drill underscores F3’s proactive strategy to leverage the abundant uranium resources in the region and highlights their focus on improving and expanding their exploration capabilities. Geophysical Surveys and Data Integration As F3 Uranium Corp progresses with its exploration activities, the completion of the Dias 3D resistivity survey represents an important advancement. This survey, aimed at mapping variations in subsurface resistivity, is set to provide crucial data, enhancing the company’s grasp of the geological structures in the area. Furthermore, the upcoming Stepwise Moving Loop Time Domain Electromagnetics (SWML) survey in the B1 area will complement the data obtained from the resistivity survey. By integrating these geophysical surveys, F3 aims to more precisely identify and select potential drilling sites, effectively refining its exploration strategy and improving the likelihood of uncovering significant uranium deposits. Understanding Scintillometer Results F3’s use of a handheld Radiation Solutions RS-125 scintillometer has played a crucial role in measuring natural gamma radiation in the drill cores. These scintillometer readings are essential for providing preliminary indications of radioactive materials present in the core samples. They are crucial for assessing the potential uranium grades and understanding the mineralization patterns within the drilled areas. This data is invaluable for guiding F3’s ongoing exploration efforts and for making informed decisions about future drilling locations and techniques. Detailed Table of PLN24-116 Drill Hole Results Hole IDSection LineDepth (m)Interval (m)Max CPSRemarksPLN24-116075S224.000.503100Initial indication of mineralizationPLN24-116075S224.500.354200Increasing radioactivity levelsPLN24-116075S224.850.1514600High-grade radioactivity detected………………PLN24-116075S226.000.5020200Continued high radioactivityPLN24-116075S227.000.50>65535Off-scale radioactivity, highly significantPLN24-116075S228.000.50>65535Persistent off-scale readingsPLN24-116075S229.000.5037800High radioactivity, but below off-scale………………PLN24-116075S231.000.25>65535Off-scale radioactivity resumesPLN24-116075S232.400.4031200High radioactivity before depth transition………………PLN24-116075S272.000.2523600Lower mineralized zone identifiedPLN24-116075S272.250.252900End of mineralized interval(Note: This is an expanded but still partial representation of the complete PLN24-116 drill hole data. The actual data set would include all relevant intervals and readings for a comprehensive understanding of the mineralization encountered.) Patterson Lake North (PLN) Property Overview F3’s Patterson Lake North property, spanning 4,078 hectares, is a strategic asset with immense potential for uranium mining. Its prime location within the Athabasca Basin, renowned for its high-grade uranium deposits, positions F3 advantageously in the competitive landscape of uranium exploration. The PLN property’s proximity to other significant uranium deposits further amplifies its importance, offering F3 a unique opportunity to explore and develop one of the most promising uranium-rich regions in the world. Continuation of Drilling at PLN Launching their 2024 winter drilling initiative, F3 Uranium Corp is fully committed to expanding their uranium exploration efforts. They’re strategically targeting the JR Zone and the B1 Area, demonstrating a well-researched and targeted approach in identifying the most uranium-rich zones. This focused strategy indicates their determination to deeply investigate and reveal the significant uranium resources within the PLN area. This is a significant move for F3, one that could solidify their standing in the industry and attract the attention of more major uranium producers. Property Swap Agreement with CanAlaska F3’s recent property swap agreement with CanAlaska Uranium Ltd. is a strategic maneuver that enhances the company’s exploration capabilities and solidifies its position in the Patterson Lake area. Through this agreement, F3 has exchanged its Hobo Lake Property for CanAlaska’s Patterson West Property. This swap not only expands F3’s exploration territory but also brings new opportunities for discovery and development within the Athabasca Basin. The strategic significance of this move lies in the potential synergies and enhanced exploration prospects that the Patterson West Property brings to F3’s portfolio. . Spin-Out of Uranium Exploration Projects The formation of F4 Uranium Corp, resulting from the spin-out of 14 of F3’s exploration projects, is a testament to the company’s innovative and forward-thinking business approach. This strategic decision allows F3 to maintain a sharp focus on its key projects while F4 independently explores new opportunities. In the spin-out, F3 shareholders will receive 1 F4 share for every 10 F3 shares held. The aim is to focus on F3’s major projects while leveraging F4’s potential in other assets. The projects transferring into F4 Uranium Corp demonstrates F3’s ability to adapt and respond to the evolving dynamics of the uranium exploration industry, ensuring that both companies are well-positioned to capitalize on their respective strengths and opportunities. Winter Drilling Program and Exploration Focus F3’s winter drilling program, with a substantial budget of $16 million, highlights the company’s commitment to advancing its exploration activities in the Athabasca Basin. This significant investment is targeted towards exploring key areas such as the A1 and B1 shear zones, which are expected to yield valuable insights and potentially lucrative uranium discoveries. The program’s focus on these strategic areas is a reflection of F3’s meticulous planning and understanding of the region’s geological potential, paving the way for more breakthrough discoveries and advancements in the uranium exploration field. Conclusion In conclusion, the past month has witnessed remarkable progress and achievements by F3 Uranium Corp in the uranium exploration sector. The company’s proactive stance towards exploration and development, combined with strategic partnerships and innovative techniques, sets the stage for a promising future. As F3 expands its exploration frontiers and harnesses the abundant uranium resources in the Athabasca Basin, it positions itself to emerge as a significant player in the global uranium mining industry. This period of advancement underscores F3’s dedication to leading the way in uranium exploration, supported by its solid foundation, cutting-edge technologies, and a future filled with potential.
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Brunswick Exploration Inc.

TSX-V: $BRW, OTCQB: $BRWXF Unveiling A Future Lithium Prospect: Brunswick Exploration’s Trailblazing Discoveries In the ever-evolving realm of sustainable energy, Brunswick Exploration Inc. (BRW) exemplifies resilience and innovation. Amid the lithium sector’s fluctuations, BRW’s trailblazing lithium exploration has become a beacon of progress. As the industry experiences ups and downs, BRW stands out with its steadfast approach, skillfully navigating through the challenges. Their pioneering work in lithium exploration underscores not only their adaptability in a dynamic market but also their commitment to driving sustainable energy solutions forward. BRW’s journey thus reflects a blend of enduring persistence, strategic foresight, and a deep commitment to the future of clean energy. Brunswick Exploration Inc. (BRW) is at the forefront of lithium exploration, renowned for its groundbreaking, large-scale, grassroot projects across Canada. In a market increasingly seeking sustainable lithium sources, BRW sets itself apart with its deep commitment to uncovering new reserves. Their exploration goes beyond conventional business pursuits, embodying a profound dedication to sustainability. BRW’s efforts are focused on not just tapping into lithium as a commodity, but more importantly, on ensuring that these endeavors contribute to the global shift towards renewable energy. 2023: A Year of Significant Discoveries In 2023, Brunswick Exploration Inc. (BRW) achieved significant milestones with three major grassroot lithium discoveries: Mirage, Elrond, and Anatacau, marking a pivotal year in their quest for lithium. These sites, particularly the Mirage Project, have not only shown substantial geographic potential but also stand to be vital contributors to the global lithium supply chain. Mirage, in particular, represents a groundbreaking development in lithium exploration, being the first major discovery in James Bay in over 40 years. Offering over 12km of untested strike potential, the drilling results at Mirage have been nothing short of extraordinary, unveiling a vast, untapped resource and positioning it as a beacon in lithium prospecting. These developments highlight BRW’s significant role in shaping the future of lithium exploration and supply. BRW and the Lithium Market: Navigating Through Uncertainty and Volatility The lithium market, characterized by its volatility, has had an impact on companies like Brunswick Exploration Inc. (BRW). In 2023, a dramatic 87% decline in lithium carbonate prices significantly affected the stock values of numerous lithium-related companies, including BRW, underscoring the sector’s inherent complexities and uncertainties. As for the future, predicting the market trajectory for lithium and its impact on companies like BRW is challenging. While some experts anticipate a deficit in 2024 that might boost prices, others foresee an oversupply leading to further declines. The early part of 2024 saw a slight rebound in lithium prices, offering a glimmer of hope, yet it remains uncertain if this recovery will sustain, continuing the unpredictable nature of the lithium market that companies like BRW navigate. In this ever-changing landscape, Brunswick Exploration Inc. stands primed at the forefront of the lithium industry’s revival. Their astute exploration strategies and notable lithium finds position BRW to effectively leverage any upward trends in lithium prices. This readiness places them as potential frontrunners in the lithium market’s resurgence. Brunswick Exploration’s Drill Results Unveil High-Grade Lithium Potential at Mirage Project Brunswick Exploration’s drilling campaign, as highlighted in the summarized drill results below, showcases impressive and promising outcomes, particularly in the discovery of high-grade lithium deposits. The drill holes, spanning across the North, Central, and South zones, have revealed significant lithium oxide concentrations, with several samples exhibiting notably high percentages. For instance, hole MR-23-01 in the North Zone revealed a lithium oxide content of 2.18% over a 24.5-meter interval, and MR-23-14 in the South Zone reported an even higher grade of 2.75% Li2O over 16.2 meters. These results are particularly encouraging for the future of lithium exploration and suggest a robust potential for the development of the Mirage Project. The consistent discovery of high-grade lithium across different zones, along with the presence of tantalum in some samples, indicates the richness of the region’s mineral resources. Brunswick Exploration’s successful drilling efforts mark a significant step forward in identifying and developing valuable lithium resources, which are essential for the growing demand in renewable energy technologies and electric vehicle batteries. Table of Drill Results: Hole IDZoneDykeLength (m)Li2O%Ta2O5 (ppm)MR-23-01NorthMR-124.52.18228MR-23-02NorthMR-125.82.57239MR-23-03NorthMR-26.21.12227MR-23-04NorthMR-22.50.52141MR-23-05CentralMR-340.30.8687MR-23-06CentralMR-337.41.0293MR-23-07CentralMR-350.61.06105MR-23-08CentralMR-3A2.10.33112MR-23-09CentralMR-311.30.8969MR-23-10CentralMR-347.80.9980MR-23-11CentralMR-334.91.01Assay pendingMR-23-12CentralMR-341.11.0494MR-23-14SouthMR-416.22.7598MR-23-27SouthMR-4B5.80.03472MR-23-28CentralMR-637.21.80154MR-23-29CentralMR-632.21.55168MR-23-30CentralMR-624.61.75143MR-23-31Central-VariesVariesAssay pendingMR-23-32Central-VariesVariesAssay pendingMR-23-33Central-VariesVariesAssay pendingMR-23-34South-2.62.39Assay pendingMR-23-35CentralMR-511.51.10Assay pendingMR-23-36Central-VariesVariesAssay pending Note: For drill holes with multiple intervals, only the overall length and average Li2O% are shown. ‘Varies’ indicates multiple intervals with different lengths and grades. Assay pending means results are not yet available. The Ongoing Demand for Lithium The ongoing need for lithium is undeniable as the world continues to transition towards renewable energy and sustainable practices. Lithium, a key component in rechargeable batteries for electric vehicles and energy storage systems, is set to play an increasingly vital role in the global energy landscape. With the rapid expansion of electric vehicle markets, technological advancements in battery technology, and the growing emphasis on efficient energy storage solutions, the demand for lithium is expected to surge. Governments worldwide are implementing policies and incentives to encourage the adoption of electric vehicles, further fueling the demand for lithium. Moreover, the need for reliable and sustainable energy sources is more pressing than ever, as the world grapples with the impacts of climate change and the urgency to reduce carbon emissions. As a result, lithium stocks have become an area of interest for forward-looking investors who recognize the importance of this vital resource in the clean energy transition Conclusion: A Bright Future for Lithium Brunswick Exploration Inc. (BRW) has made significant strides in lithium exploration amid market volatility, with key discoveries at Mirage, Elrond, and Anatacau in 2023. Despite lithium market fluctuations, BRW’s promising drilling results reveal high-grade lithium deposits, aligning with the growing global demand for clean energy technologies. As the world shifts towards renewable energy, lithium’s importance is rising, marking lithium stocks as potential high-growth assets. BRW’s endeavors in this sector highlight its commitment to sustainable energy solutions and present
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Great Pacific Gold Corp.

TSXV: $GPAC, OTC: $FSXLF, GER: $V3H High-Grade Strikes in Australia, Strategic Acquisitions in Papua New Guinea As gold prices reach unprecedented highs, soaring to $2,135.39 per ounce, the market is witnessing a surge in interest in gold-related investments. This remarkable upswing is fueled by various factors, including the decline in bond yields and increased economic uncertainty, positioning gold as a sought-after safe-haven asset. Against this backdrop, Great Pacific Gold Corp. emerges as a compelling investment opportunity. The company’s recent successes, such as the spectacular high-grade gold discovery at the Comet Prospect in Australia and the strategic acquisition of Wild Dog Resources Inc. in Papua New Guinea, underscore its commitment to innovative exploration and growth. With a diverse portfolio of high-grade gold-copper properties and a solid financial position, Great Pacific Gold Corp. is well-positioned to capitalize on the booming gold market. As investors seek refuge in precious metals amid economic volatility, the company’s strategic initiatives make it a promising prospect in the ever-evolving landscape of gold investments. Great Pacific Gold Corp. Unveils Exceptional Gold Discovery in Australia In a groundbreaking development, Great Pacific Gold Corp. has revealed a spectacular high-grade gold discovery at the Comet Prospect within its 100% owned Lauriston Gold Project in Victoria, Australia. The star of the show is Drillhole CRC07, which intercepted 5m at a remarkable 166.35 g/t Gold, including an extraordinary 2m at 413 g/t Gold from a depth of 95m. This discovery, marking the highest-grade hole ever reported from the Lauriston Project, is strategically located immediately south of the Agnico Eagle Fosterville Mine tenements, underscoring its geological significance. Notably, CRC07, a deeper follow-up to a shallower abandoned hole (CRC14), showcases the Company’s commitment to exploring deeper depths and uncovering potential-rich mineralized zones. Table: Key Drill Results Hole IDFrom (m)To (m)Interval (m)Au g/tCRC007951005166.35Includes96982413.00 This significant gold strike is characterized by epizonal characteristics of Au-As-Sb, resembling the geological features of the Fosterville Mine deposit. The west-dipping Comet fault zone, hosted by Ordovician slates and sandstones, and folded in north-south striking concertina folds, mirrors the structural setting of the Fosterville Mine mineralization. Visible gold was observed during the drilling of CRC07, further confirming the richness of the discovery. Strategic Exploration Plans and CEO’s Forward Outlook The success of the November 2023 drilling program, targeting prospects like Trojan, O’Connell’s, and Comet, has positioned Great Pacific Gold Corp. for further exploration and growth. With a total of 15 reverse circulation holes drilled at the Comet Prospect, the company is preparing for an additional drill program based on the exceptional results from CRC07. CEO Bryan Slusarchuk expressed excitement about the new high-grade discovery, emphasizing its similarity to the structural setting seen at the Fosterville Mine. As Great Pacific Gold gears up for Q1 2024 drilling in Papua New Guinea, the strategic focus on advancing this Australian discovery adds an exciting dimension to the company’s exploration portfolio. GPAC Completes Acquisition of Wild Dog Resources: Secures 2,166 sq. km of High-Grade Gold-Copper Properties in Papua New Guinea Great Pacific Gold Corp. (GPAC) has successfully completed the acquisition of Wild Dog Resources Inc. (WDR), obtaining ownership of three high-grade gold-copper mineral properties in Papua New Guinea (PNG): the Wild Dog Project, the Arau Project, and the Kesar Creek Project. The acquisition includes a significant land position of 2,166 sq. km, with specific projects adjacent to K92 Mining Inc. tenements. To put things into perspective, K92 Mining is expected to produce between 120,000 and 140,000 equivalent ounces of gold this year and has a market capitalization of over $1.4 billion. Wild Dog Project Covering 1424 sq. km on New Britain Island, this project hosts the Nengmutka Caldera, featuring epithermal and porphyry hydrothermal-magmatic mineralization. The “Wild Dog – Gunsap Corridor” within the project area extends 15 km and contains porphyry copper-gold prospects and epithermal gold deposits. Historical drilling at the Wild Dog Zone has shown promising results, with gold assays including 4m at 9.41 g/t Au. Arau Project Situated in the Kainantu region, the Arau Project comprises epithermal-high sulphidation gold prospects and copper-gold porphyry prospects. The Mt. Victor Prospect, a copper-gold porphyry target, has demonstrated strong gold grades in previous channel sampling, such as 38m at 2.64 g/t Au. Initial exploration involves five angled diamond drill holes based on positive survey and sampling results. Kesar Creek Project Located 10 km from Kora gold deposit, the Kesar Creek Project features semi-massive copper-rich sulphide mineralization and potential copper-gold porphyry prospects. Limited exploration has returned high-grade gold-copper-silver values in rock samples, including 30.4 g/t Au, 240 g/t Ag, 0.13% Cu. Great Pacific Gold Corp. Secures Exploration License for Kesar Creek Project Great Pacific Gold Corp. has achieved a significant milestone with the grant of Exploration License 2711, covering the Kesar Creek Project in Papua New Guinea. The notification from the Papua New Guinea Mineral Resources Authority (MRA) on November 14, 2023, marks the commencement of a two-year license effective from October 31, 2023, until October 30, 2025. Positioned as a contiguous extension of K92 Mining Inc. tenements, Kesar Creek holds strategic importance due to its proximity to multiple epithermal vein deposits and porphyry targets identified on the K92 Mining Inc. project. Table: Key Highlights of Kesar Creek Project Grant DateLicenseDurationLocationExploration FocusNov. 17, 2023EL 27112 yearsContiguous to K92 MiningHigh-grade gold identified in veins, potential forInc. tenementscopper-gold porphyry prospects Under the leadership of CEO Bryan Slusarchuk, Great Pacific Gold expresses gratitude to project partner, geologist Andy Thomas, and local stakeholders for their support in securing the Kesar Creek Exploration License. With the license now in hand, the company is poised to initiate an extensive exploration program, including blanket soil geochemical work. This exploration effort aims to further delineate target areas in preparation for an upcoming drill program. The financial robustness of Great Pacific Gold, coupled with its proven track record in exploration and discovery, positions the company for success in unlocking the full potential of the Kesar Creek Project. Kesar Creek Project Exploration Potential Situated 10 km northwest of K92 Mining Inc.’s Kora gold mine, Kesar Creek presents compelling exploration opportunities. Initial rock samples, showcasing high-grade gold-copper-silver values, are summarized below: Rock SampleGold (g/t)Silver (g/t)Copper (%)1412811.5–A142811.9–9231F10.6–1423611.629-A1402330.42400.13 These results underscore the significant mineralization potential, with semi-massive copper-rich sulphide associated with quartz veins. Additionally, the project holds promise for copper-gold porphyry prospects. Great Pacific Gold Corp. reinforces its commitment by issuing 640,295 common shares and a cash payment of CAD $100,000, further solidifying its position in Papua New Guinea’s mineral-rich landscape. Conclusion: Great Pacific Gold Corp. continues to redefine exploration excellence with recent milestones. A spectacular high-grade gold discovery at the Comet Prospect in Australia, particularly Drillhole CRC07’s historic 166.35 g/t Gold over 5m, showcases the company’s commitment to groundbreaking exploration. In Papua New Guinea (PNG), the acquisition of Wild Dog Resources Inc. solidifies ownership of three high-grade gold-copper mineral properties spanning 2,166 sq. km. Strategic projects like the Wild Dog Project and Arau Project bolster the company’s diverse portfolio. Further enhancing its PNG presence, Great Pacific Gold Corp. secures Exploration License 2711 for the Kesar Creek Project, marking a strategic extension of K92 Mining Inc. tenements. CEO Bryan Slusarchuk acknowledges crucial partnerships, highlighting the company’s financial strength and exploration track record. In summary, Great Pacific Gold Corp. is poised for success, blending a remarkable gold discovery with strategic acquisitions and license grants. The company’s future shines bright as it continues to pioneer innovation in mineral exploration.
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ATEX Resources

TSXV: $ATX ATEX Resources Unveils Valeriano: A Copper-Gold Giant Emerges in Chile In the Chilean landscape of mining exploration, ATEX Resources Inc. has set the stage for a compelling narrative with the unveiling of Valeriano, a copper-gold porphyry project located in Chile. The company’s relentless pursuit of new discoveries has resulted in a significant copper-gold resource that is gaining attention globally. This article explores the key features, achievements, and potential of ATEX’s Valeriano project. Discovery and Geological Significance: Valeriano stands out as a copper-gold giant with a mineralized corridor measuring over 1,000 meters wide and striking more than 1,000 meters. The project’s geological significance is underscored by multiple world-class intersections exhibiting continuous copper-gold mineralization above a grade of 0.40% CuEq. The dimensions of the system, tested through drilling, extend over 1,000 meters along strike and width, with open potential in all directions. Key Highlights of Valeriano: High-Grade Porphyry Trends: Valeriano boasts a central high-grade porphyry trend, currently containing approximately 200 million tonnes at 0.84% CuEq within the Early Porphyry. Additionally, a second high-grade porphyry trend, known as the Western Trend, was discovered in Phase III, showing multiple intersections along a 700-meter strike length. Resource Estimate: The latest mineral resource estimate (MRE) for Valeriano, as of September 2023, reveals an impressive inferred resource of 1.41 billion tonnes of Cu-Au porphyry mineralization, grading at 0.67% CuEq (0.50% Cu, 0.20 g/t Au, 0.96 g/t Ag, and 63.8 ppm Mo) at a cut-off grade of 0.4% Cu. A substantial high-grade core of approximately 200 million tonnes, grading at 0.84% CuEq (0.62% Cu, 0.29 g/t Au, 1.25 g/t Ag, and 55.7 g/t Mo) at a 0.50% Cu cut-off, has also been delineated. Metallurgical Program Success: The metallurgical program at Valeriano has yielded robust copper and gold recoveries, ranging from 91% to 95% and 83% to 94%, respectively. Concentrate grades are highly attractive, with 26% to 31% Cu and 7g/t to 12g/t Au, accompanied by negligible deleterious elements. Geographical Advantage: The topography surrounding Valeriano is favorable for establishing underground access for potential mining operations, with mineralization starting approximately 200 meters below the valley floor and open at depth. Notable highlights include: ATXD23: 964 meters at 0.68% CuEq (including 602 meters at 0.76% CuEq). ATXD11A: 1,270.1 meters at 0.59% CuEq (including 170 meters at 0.76% CuEq). ATXD11B: 1,342.5 meters at 0.70% CuEq (including 1,010 meters at 0.76% CuEq). ATXD241: 669.4 meters at 0.81% CuEq (including 357 meters at 0.68% CuEq and 312.4 meters at 0.94% CuEq). VAL09: 852 meters at 0.62% CuEq. VAL14: 1,194 meters at 0.70% CuEq (including 272 meters at 0.92% CuEq). VAL16: 1,045 meters at 0.53% CuEq. Phase IV Extravaganza and Future Horizons: As the success story of Valeriano continues, ATEX Resources proudly embarks on Phase IV exploration, poised to unravel even more treasures. With a target of 15,000 to 20,000 meters of drilling, the company aims to redefine the boundaries of this mineralized wonderland, promising untold discoveries yet to be unearthed. Financial Strength and Strategic Support: ATEX Resources is well-funded, with a US$15 million facility in place, featuring strategic shareholders like Firelight (Pierre Lassonde) and Beedie. The deal involves an initial US$10 million draw, with a two-year maturity and a favorable 6% interest rate. An additional US$5 million tranche is available under identical terms, showcasing ATEX’s financial flexibility. Warrants, linked to the first tranche, allow the purchase of 15 million ATX common shares at a $1.30 exercise price until maturity. Major shareholders, including Firelight, commit to exercising warrants worth C$2.5 million, underscoring confidence in ATEX’s prospects. Management and other stakeholders have contributed an extra C$2.9 million through warrant exercises, further strengthening the company’s financial position. The financial backing reflects confidence in the project’s potential and underscores the commitment to maximizing its value. On the Porphyry Super Highway: Valeriano, positioned prominently on the porphyry superhighway in Chile, stands as a testament to ATEX Resources Inc.’s pursuit of copper-gold excellence. Through a comprehensive exploration effort comprising 22,000 meters of drilling across nine holes in Phases II and III, coupled with insights from five historical holes, ATEX has defined an impressive Inferred Resource for Valeriano. The mineralized corridor spans an expansive 1,000m x 1,000m and boasts 1.41 billion tonnes at 0.67% CuEq, with a notable composition of 0.50% Cu, 0.20 g/t Au, and 64 ppm Mo at a 0.4% Cu cut-off. This places Valeriano firmly on the map as a copper-gold giant in Chile’s mining landscape, contributing to ATEX’s remarkable journey in uncovering and delineating substantial resources. The achievement aligns with the company’s commitment to advancing the Valeriano project and solidifying its position as a key player in the global mining arena. Conclusion: Valeriano has emerged as a significant copper-gold discovery, redefining ATEX Resources’ position in the mining sector. With impressive resource estimates, successful metallurgical programs, and ongoing exploration activities, Valeriano is poised to become a cornerstone project in the global copper-gold landscape. As Phase IV unfolds and the story of Valeriano continues to evolve, the mining industry watches with anticipation, recognizing the potential for ATEX Resources to unlock substantial value in Chile’s mineral-rich terrain.
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Benjamin Hill Mining Corp.

CSE: $BNN / OTCQB: $BNNHF / FSE: $5YZ0 Benjamin Hill Mining Corp. Embarks on Dual Venture Diversification in One Stock In the dynamic realm of mining exploration, Benjamin Hill Mining Corp. has displayed their ability to diversify with a dual venture that echoes through the Yukon’s west-central stretches and resonates across the coal-rich landscapes of Santander, Colombia. As we stand at the intersection of mineral discovery and strategic expansion, the company’s recent achievements propel it into the spotlight. Embarking on an ambitious journey, Benjamin Hill is not merely exploring the depths of the earth but navigating the intricate paths of diversification and global prominence. Benjamin Hill Mining Corp. (CSE: BNN) (OTCQB: BNNHF) (FSE: 5YZ0) is disrupting the mining industry with a double announcement showcasing significant achievements in its exploration endeavors. The company’s Alotta copper-gold-molybdenum project in the west-central Yukon has yielded promising results, while simultaneously, Benjamin Hill has signed a Letter of Intent (LOI) to acquire a 20% interest in a fully permitted coal project in Santander, Colombia. A Stock On The Move Benjamin Hill Mining Corp.’s stock has surged from $0.15 to $0.50 in the last three months. This threefold increase reflects the market’s positive response to the company’s recent successes. The notable stock surge highlights investor confidence in Benjamin Hill’s strategic moves and positions the company as a prominent player in the dynamic mining sector. Alotta Copper-Gold-Molybdenum Project: A Porphyry Discovery Benjamin Hill’s drilling program at the Alotta project has unveiled porphyry-style mineralization, marking a pivotal moment in the company’s exploration efforts. The inaugural diamond drill holes, ALT-23-001 and ALT-23-002, targeted the south-central portion of an induced polarization chargeability high with coincident copper and gold in soil anomalies. Both holes exhibited multiple intrusive phases, including breccias displaying strong biotite alteration, carbonate veining, and significant mineralization. Lorne Warner, President of Benjamin Hill Mining Corp., expressed enthusiasm, stating, “Disseminated and fracture-controlled mineralization was observed throughout both holes, with total sulfide concentrations up to 5% over extensive core lengths.” The discovery confirms a large, multiphase porphyry system with copper and molybdenum mineralization. The next phase of drilling, scheduled for May 2024, will focus on high-priority areas with coincident copper, molybdenum, and gold geochemical anomalies. Acquisition of Fully Permitted Coal Project in Santander, Colombia In a strategic move, Benjamin Hill has entered into a non-binding Letter of Intent with Aion Mining Corp. to acquire a 40% interest in a fully permitted coal project in Santander, Colombia. The project boasts eight known seams of metallurgical and thermal coal, and its strategic location, along with existing regional coal mining infrastructure, positions it for success. CEO Cole McClay highlighted the potential of the coal project, saying, “Benjamin Hill is excited to work with a highly skilled Colombian mining team to develop a coal asset with a path to generating revenue.” The global demand for coal assets remains strong, and the acquisition aligns with the company’s growth strategy. Diversification and Global Reach With successful drilling at Alotta and the strategic move into the coal sector, Benjamin Hill Mining Corp. is showcasing its commitment to diversification. The Alotta project adds a copper-gold-molybdenum prospect to the company’s portfolio, while the acquisition of the fully permitted coal project in Colombia provides exposure to the lucrative coal market. Furthermore, the recent listing of Benjamin Hill’s common shares on the Frankfurt Stock Exchange (FSE) underlines the company’s global ambitions. The FSE listing, coupled with existing listings on the Canadian Securities Exchange (CSE) and the OTCQB Venture Market in the United States, enhances the company’s visibility and access to a broader investor base. Investors looking for a blend of mineral exploration opportunities in both base and energy metals will find Benjamin Hill Mining Corp.’s recent developments intriguing. The company’s strategic approach to diversification and global expansion positions it as a dynamic player in the mining sector. As exploration continues and projects progress, Benjamin Hill is poised for continued success on multiple fronts. Conclusion: In the mosaic of Benjamin Hill Mining Corp.’s recent endeavors, the threads of success are woven with precision and foresight. The porphyry revelations at the Alotta Copper-Gold-Molybdenum Project and the strategic acquisition of a fully permitted coal project in Santander, Colombia, paint a picture of a company navigating diverse terrain with adept skill. As we witness the dawn of a new era for Benjamin Hill, listed on the Frankfurt Stock Exchange to further amplify its global resonance, investors are invited to join the journey. The pages of exploration are turning, and Benjamin Hill Mining Corp. is scripting a narrative that transcends mineral discoveries—it’s a saga of resilience, innovation, and sustained triumph in the ever-evolving landscape of natural resource exploration. A Video from November 9th, 2023
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Mining

Noram Lithium Corp.

$NRM.V: OTCQB: $NRV A Hidden Lithium Gem: Unveiling the Potential of Noram Lithium Noram Lithium Corp. is ideally positioned to ride the wave of surging demand for lithium, driven by the electric vehicle (EV) revolution. With government incentives encouraging domestic lithium supply chains, Noram stands out in the industry. Their ownership of the fourth-largest lithium deposit in North America, the Zeus project, presents significant potential, with a remarkable return on investment. The company boasts experienced management, well-versed in taking mining projects from exploration to production. Additionally, Noram is an attractive buyout target, offering an enticing dimension to this investment opportunity. Domestic Lithium for EV’s The United States is poised to emerge as a strong and reliable source of lithium supply, particularly as electric vehicle demand surges. Abundant lithium reserves, geological advantages like lithium-rich clay deposits in states such as Nevada, and stringent environmental standards underpin this potential. By reducing foreign dependency and adhering to responsible mining practices, the U.S. can ensure a secure and steady lithium supply. Infrastructure, technical expertise, and significant investments from both the government and private sector further bolster the country’s position. The growing domestic market for electric vehicles and renewable energy storage systems offers a compelling incentive for increased investment in local production, which, in turn, can generate economic opportunities and job creation. This positions the U.S. as a pivotal player in mitigating potential lithium shortages by 2030. Noram Lithium emerges as a prominent player in the lithium development arena, thanks to its strategic location in the highly coveted Nevada’s Clayton Valley. This region boasts the distinction of being the world’s premier jurisdiction for investment in mining projects. Nevada’s appeal doesn’t just stem from its abundant lithium resources; it’s also renowned for its streamlined and efficient permitting process, which is a critical advantage for companies looking to swiftly advance their projects toward production. In an industry where time is of the essence, the ability to navigate the regulatory landscape with ease can significantly impact a company’s success. Noram Lithium’s presence in this prime location underscores its commitment to capitalizing on the region’s abundant resources and investor-friendly atmosphere, setting the stage for remarkable opportunities in the lithium market. – do these paragraphs work good together Zeus Project: A Lithium Treasure Trove The Zeus Project, strategically positioned in proximity to Albemarle’s Silver Peak mine, is nothing short of a lithium treasure trove. In fact, it claims the prestigious title of being the fourth largest lithium deposit across the entire North American continent. What sets Zeus apart is not just its impressive scale but the sheer magnitude of its measured and indicated lithium carbonate equivalent (LCE) resources. With a vast reserve of LCE resources at its disposal, the Zeus Project has the capacity to sustain mining operations for well over a century. This remarkable longevity is a testament to the abundance of lithium contained within the deposit and the accessibility of these resources. Unlike some complicated and resource-intensive underground mining operations, Zeus’s lithium reserves are conveniently located near the surface, simplifying extraction and substantially reducing operating costs. Such attributes make Zeus an incredibly valuable asset in the lithium sector, poised to meet the soaring demand for this critical element in the global shift toward electric mobility and renewable energy solutions. A Cost Affective Approach: The processing of lithium at Noram Lithium’s Zeus project involves a methodical approach aimed at enhancing efficiency and economic viability. The process begins with feed preparation and beneficiation, where coarse material is separated before leaching, reducing material mass and calcite content. Sulphuric acid leaching is then employed, achieving an impressive 89% lithium extraction with just two hours of retention time. Notably, acid consumption is reduced by approximately 20% by incorporating solid-liquid separation and recycling of acid solutions. The removal of iron and aluminum is achieved using limestone with minimal lithium loss. Furthermore, magnesium and sodium are successfully eliminated through crystallization with minimal lithium losses. This comprehensive process leads to an estimated overall lithium recovery rate of 83%, emphasizing the project’s potential for cost-effective and sustainable lithium production, crucial for meeting the growing demand in industries like electric vehicles and renewable energy. Noram Lithium: An Undervalued Investment Opportunity Noram Lithium’s Zeus Project stands out as a prime investment opportunity with a compelling financial outlook. Backed by a preliminary economic assessment (PEA), the project demonstrates substantial potential, boasting an after-tax net present value of $2.76 billion and an impressive 52% internal rate of return. Even when considering conservative lithium prices and an estimated extraction cost of $3,500/metric ton LCE, the company remains economically robust. Given its current market cap of $50 million, there’s the potential for a remarkable gain, presenting an appealing prospect for investors, particularly in uncertain economic times. Furthermore, Noram Lithium’s prominence in the lithium development sector becomes evident when evaluating its undervaluation compared to industry peers. Market capitalization per tonne of lithium carbonate equivalent (LCE) resources is a common metric for assessing such companies. In this regard, Noram Lithium is notably undervalued, trading at a fraction of its peers’ valuations. This discrepancy highlights a significant value gap that could narrow as the Zeus Project advances and mitigates risks. For investors, this undervaluation offers an exciting opportunity. By applying the market cap per tonne of LCE of Noram’s closest peer, there is a potential valuation substantially higher than Noram’s current market cap. As the Zeus Project progresses and achieves de-risking milestones, it’s reasonable to expect that investors will recognize its true worth, potentially leading to substantial price appreciation for Noram Lithium’s shares. In summary, Noram Lithium’s current undervaluation relative to its peers, combined with the promising prospects of the Zeus Project, positions the company as an attractive investment choice for those looking to capitalize on the growth in the lithium sector driven by the electric vehicle and renewable energy markets. A Strong Management team: Sandy MacDougall, the founder of Noram Lithium, has been instrumental in leading the company and its project Zeus from discovery through exploration. He has now taken on the role of Executive Chairman and assembled an experienced team. Current CEO Greg McCunn brings 30 years of mining experience, having led multiple junior mining companies through exploration, project development, permitting, financing, construction, and operations. Glenn Barr, the Vice President of Project Development, has 25 years of experience in complex mining project development. He was recently VP Project Development for Twin Metals. The management team has significant insider ownership (12%), aligning their interests with shareholders and positioning Noram well for delivering results. Water Rights Disputes in Clayton Valley: The complex and contentious situation regarding water rights and competition for access to crucial water resources in Clayton Valley, Nevada has significant implications for Noram Lithium. The race for these water resources among various entities, including the conflict between Albemarle and SLB (Schlumberger), adds further uncertainty to the already challenging landscape of lithium extraction in the region. Noram Lithium, as one of the companies seeking to develop lithium extraction projects in Clayton Valley, may find itself entangled in the ongoing administrative battle over water rights. The outcome of this dispute will not only influence the direction of lithium mining and processing in the region but also determine which companies are granted the necessary water access to advance their projects. As water is a vital component of lithium extraction, the resolution of this issue will have a direct impact on Noram Lithium’s ability to operate and expand its Zeus Lithium Project. Access to water is crucial for the success and sustainability of their operations. In summary, the competition and legal disputes over water rights in Clayton Valley pose challenges and uncertainties for Noram Lithium’s future endeavors in the region. The resolution of this matter will shape the company’s ability to extract lithium and its long-term prospects in the dynamic and highly competitive lithium market. Additionally, the possibility of acquisition remains a compelling factor that could reshape Noram Lithium’s future in the lithium industry. Summary: In conclusion, Noram Lithium stands at the forefront of the burgeoning lithium industry, primed to meet the surging demand driven by the electric vehicle revolution. The company’s strategic ownership of the Zeus Project, one of North America’s largest lithium deposits, positions it as a key player in the race for a domestic lithium supply chain. With a strong management team experienced in advancing mining projects and potential buyout appeal, Noram Lithium is well-poised for success in this rapidly growing market. Moreover, their operations in Nevada’s Clayton Valley, renowned for its investor-friendly environment and abundant lithium resources, offer a significant advantage. The cost-effective lithium processing approach at Zeus further underscores the project’s potential to meet the rising demand for lithium, particularly in the electric vehicle and renewable energy sectors. Furthermore, Noram Lithium’s strategic position near Albemarle’s Silver Peak mine opens the door to a potential buyout scenario. As lithium demand continues to soar, established players like Albemarle may seek to expand their operations rapidly to meet market needs. In such a scenario, the proximity of Noram Lithium’s Zeus Project to Albemarle’s existing operations could make it an appealing acquisition target. A buyout from a major industry player would not only underscore the project’s value but also offer an enticing dimension to this already compelling investment opportunity, potentially benefiting shareholders and further validating Noram Lithium’s promising future in the lithium market. Nevertheless, it is crucial to monitor the water rights challenges in the region, as their resolution will significantly impact Noram Lithium’s operations and long-term prospects in the competitive lithium market.
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Mining

Strathmore Plus Uranium Corp.

TSXV: $SUU, OTCQB: $SUUFF Introducing Strathmore Plus Uranium (TSXV: SUU) (OTCQB: SUUFF) – a dynamic early-stage uranium exploration company with exceptional promise. With a market capitalization of only $24 million and a tightly held float, it presents an enticing opportunity for both short-term traders and long-term uranium investors. In a world where securing domestic uranium sources is of paramount importance, Strathmore Plus Uranium stands ready to meet the challenge. This company boasts a portfolio of valuable properties, including those with a history of surface uranium production and strategic proximity to industry leader Cameco. Let’s delve into the exciting ventures that define Strathmore Plus Uranium’s future. Strathmore Plus Uranium (TSXV: SUU) (OTCQB: SUUFF) Key Points: Company Overview: Strathmore Plus Uranium is an early-stage uranium exploration company with significant potential. It possesses multiple promising properties, including one with a history of surface uranium production and another adjacent to Cameco, a major uranium company. Investment Opportunity: Strathmore Plus Uranium is an attractive investment opportunity due to its asset quality, management team, and share structure. It has a low float and a market capitalization of only $24 million, making it appealing for both short-term traders and long-term uranium investors. U.S. Uranium Demand: The United States urgently needs more domestic sources of uranium. With rising tensions between the U.S. and Russia, sanctions on Russian uranium imports are possible, which could significantly impact U.S. nuclear power generation, as it currently relies heavily on imported uranium. Price Impact: Potential sanctions on Russian uranium and limited domestic production capabilities create upward pressure on uranium prices. Strathmore Plus Uranium has the potential to become a new domestic source of uranium for the U.S. Price of Uranium: Assets: Night Owl Project: Located in Wyoming, it was a past-producing uranium mine in the 1960s. Strathmore Plus plans to explore this property extensively, including a geophysical survey and drilling to expand known uranium mineralization areas. Agate Project: Also in Wyoming, it employs in-situ recovery (ISR) methods for uranium extraction. Strathmore Plus is planning a significant drill program in collaboration with the University of Wyoming to explore this project. Beaver Rim Project: Situated near the Gas Hills District, close to Cameco’s Uranium Project, this property has shown multiple zones of uranium mineralization. Strathmore Plus believes there is significant uranium potential here. Recent Developments: The company announced a non-brokered private placement to raise CAD $2 million for its 2023 exploration program. Proceeds will primarily fund drilling, geophysical logging, and general working capital. Closing Date: The private placement is expected to close around September 18, 2023, subject to regulatory approvals. Tight Share Structure: In summary, Strathmore Plus Uranium offers an enticing investment opportunity in the thriving uranium sector. With a diversified project portfolio, a well-structured private placement to fund exploration activities, and the backdrop of increasing demand for domestic uranium sources in the U.S., the company is positioned for significant growth. Its modest market capitalization and controlled float enhance its appeal, making it an attractive prospect for both short-term traders and long-term investors seeking exposure to the promising uranium market.
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