Articles for tag: biggest, hits, intersection, nickel, power, Quebec

October 15, 2024

Ron Finklestien

mining

“Power Nickel Achieves Record-Breaking Intersection in Quebec”

Power Nickel’s Recent Drill Success Ignites Hope for Carbon-Neutral Mining In a promising update, Power Nickel has successfully drilled into the mineralized zone at a depth of 118 meters, building on previous exploration efforts. By using data from earlier drill holes, the company adjusted its drilling approach, moving to a shallower depth further west. This change resulted in a productive strike, raising hopes for the project’s future. “This is very encouraging for lots of reasons: size of the zone, grade, depth of the intersection, and the move westward,” stated Power Nickel’s CEO, Lynch. Power Nickel got involved with the NISK

April 24, 2024

Ron Finklestien

mining

Power Nickel earns 80% of Nisk project in Quebec, adds polymetallic zone

Shares in Power Nickel have soared nearly 60% since it reported the first Lion drill results on April 15. They were up 4% on Wednesday to C41¢ apiece, valuing the company at C$65.6 million ($47.8m). “We have a real sentiment of having found a large prolific area hosting different styles of multi-elements mineralization, each being a smaller part of a much larger system,” Lynch said. “We look forward to ramping up our efforts throughout ’24 and ’25 as we seek to bring these targets to a production decision.” Drill hole PN-24-047 cut 14.4 metres grading of 0.59 gram gold per tonne,

April 20, 2024

Ron Finklestien

mining

Revolutionizing the Battery Material Industry: Nouveau Monde Graphite’s Major Expansion

Shaking Up the Graphite Market China’s recent move to tighten export regulations on graphite products has sent ripples through the global market. As the world’s leading graphite producer and exporter, China holds a significant influence over the supply chain. With more than 90% of the world’s graphite refined by China for electric vehicle (EV) battery anodes, this new export permit requirement showcases a strategic move to maintain dominance in global manufacturing. The North American Perspective Concerns over the scarcity of graphite supply in North America are escalating as the Lac des Iles mine in Quebec faces depletion. With a demand

March 18, 2024

Ron Finklestien

mining

The Golden Success of Amex Metallurgical Tests Unearthing Over 95% Gold Recovery from Perron Project in Quebec

Metallurgical Triumph Unveiled In a world where every ounce of gold counts, Amex Mining Corporation has struck metaphorical gold with its recent metallurgical tests conducted at the Perron project in Quebec. The results have exceeded expectations, showcasing a remarkable recovery rate of over 95% gold from the gravity tailings. The Alchemy of Recovery Under the meticulous scrutiny of experts, a single flotation test illuminated the potential as a 2-kg subsample from each gravity tailing was meticulously treated. The concoction of potassium amyl xanthate and methyl isobutyl carbinol, paired with a natural pH setting, worked its magic for 10 minutes, culminating

February 26, 2024

Ron Finklestien

mining

The Golden Gamble: Acquisition of Newmont’s Stake in Éléonore South by Fury Gold Mines

Unlocking Potential in Quebec’s Gold Fields Exploration in mineral-rich areas always holds a promise of unearthing hidden treasures, and Fury Gold Mines seems poised to revel in this hunt. The recent acquisition of Newmont’s 50% stake in the Éléonore South project in Quebec marks a pivotal moment in the company’s quest for expansion and excellence. Strategic Moves in a Shifting Landscape Strategic decisions in the mining world can often make or break a company’s fortunes, and Newmont’s move to divest its non-core assets is a prudent step towards streamlining operations. The sale of key assets, including Éléonore in Quebec, reflects