Articles for tag: Ackio, Baselode, Energy, highgrade, hits, logs, Saskatchewan, uranium

October 12, 2024

Ron Finklestien

mining

Baselode Energy Discovers High-Grade Uranium Deposits at Ackio, Saskatchewan

Baselode Hits Major Uranium Intersections in Ackio Project “The results from holes AK24-118 and AK24-119 are highly encouraging,” stated James Sykes, Baselode’s CEO and president, in a recent announcement. “These findings not only bolster our confidence in Ackio but also highlight our continued success, as we achieve remarkable grades and widths more than three years after discovering this site.” On Thursday morning in Toronto, Baselode shares increased by C$0.01, reaching C$0.13. This rise places the company’s market valuation at C$17.3 million. Over the past year, the stock has fluctuated between C$0.10 and C$0.61. The latest drilling results are part of

October 7, 2024

Ron Finklestien

mining

High-Grade Copper Discovery by Foran in Tesla Zone at McIlvenna Bay

Key Highlights: – Significant copper-rich breccia and mineralization found in Hole TS-24-30. – High-grade section of massive sulphide with 4.29% copper, 8.21% zinc discovered. – Tesla zone’s potential demonstrated through infill drilling. – McIlvenna Bay boasts substantial copper and zinc reserves. Foran Mining Corporation has uncovered high-grade copper at McIlvenna Bay in the Tesla zone. Hole TS-24-30 revealed a broad zone containing copper-rich breccia, stringer-style mineralization, and zinc-rich massive sulphide. Within this discovery, a section of massive sulphide measuring 3.4 meters graded 4.29% copper, 8.21% zinc, 55.5 g/t silver, and 0.03 g/t gold. Notably, a subsection of this area showed

January 31, 2024

Ron Finklestien

mining

NiCAN’s Exciting Nickel Discovery at Wine Project Sends Share Prices Skyrocketing NiCAN’s Exciting Nickel Discovery at Wine Project Sends Share Prices Skyrocketing

Amid a deluge of excitement, NiCAN shares have surged following the high-grade nickel results unveiled at the Wine project in Manitoba. The company’s third phase of exploration at Wine has yielded remarkable outcomes, catalyzing a dramatic uptick in share prices and leaving investors in raptures. The campaign, comprising 2,209 meters of drilling across 17 holes, has brought forth a wealth of promising data that bodes well for NiCAN’s future prospects. Clearly elated by the results, NiCAN president and CEO Brad Humphrey gushed, “We are happy to report the results from the additional drilling at the Wine Occurrence, expanding the mineralized

January 19, 2024

Ron Finklestien

mining

Exploring the Exciting Findings of Founders in Suriname Exploring the Exciting Findings of Founders in Suriname

Founders Metals has made an electrifying discovery in Suriname, cutting through high-grade zones that have sent ripples through the mining world. The company achieved remarkable results, with highlights such as 10.5 meters grading at 2.81 grams of gold per tonne from 14.1 meters down the hole. These incredible finds are set to revolutionize the economic outlook, with President and CEO Colin Padget expressing excitement over the near-surface gold intervals that could enhance the potential for an open-pit mining scenario. Targeting a resource estimate for next year, Founders is poised to challenge the dominance of Newmont’s Merian and Zijin Mining’s Rosebel