Articles for tag: Alpha, drill, Eritrea, expand, Gold, Kerkasha, project, results, zones

April 26, 2024

Ron Finklestien

mining

Alpha drill results expand gold zones at Kerkasha project in Eritrea

Alpha has completed its first stage of more than 6,000 metres in a 20,000-metre drilling program at the site 135 km from Asmara, the capital of the northeast African country. The drilling was designed to test mineralization down plunge of the current mineralized lenses at Aburna, the company said in a release. “Drill hole ABD113 in the Northeast area has further confirmed the plunging high grade mineralized orientation at Aburna, extending the principal shoot down plunge,” president and CEO Michael Hopley said in Friday’s release. “The company is now well funded to accelerate exploration on the Aburna gold prospect as

February 5, 2024

Ron Finklestien

mining

Cornish Metals shares rise on new drill results from tin project in Cornwall

Cornish Metals Reports Positive Results From Tin Project in Cornwall Significant Tin Intercepts Unveiled The tectonic plates of the financial market jolted today as Cornish Metals Inc. unveiled sensational drill results from its tin project at the South Crofty mine in Cornwall. All six drillholes have intersected the Wide Formation lode structure, echoing the historical tin-bearing structures in the region. The confirmation of the Wide Formation structure over a substantial strike length of 1.6km and a downdip extension of 525m has sent ripples of excitement throughout the industry. Notably, the company reported substantial tin intercepts, such as 1.21m grading 0.87%

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 25, 2024

Ron Finklestien

mining

Aclara Rare Earth Project in Brazil Shows Encouraging Results Aclara’s PEA Shines Positive Light on Brazil’s Rare Earth Project

With an estimated 3.6-year timeline for recovering investments post-commissioning, Aclara’s Brazil rare earth project demonstrates promise despite the extended permitting process in the region. The recovery of rare earths in Brazil aligns harmoniously with the patented technology currently in action on a pilot scale in Chile. The company emphasizes a low-cost, low-carbon footprint methodology. “Our project design centers around eco-friendly principles, negating the use of explosives and milling, optimizing water recirculation, and utilizing common fertilizers as the primary reagent,” stated Aclara’s chief executive, Ramon Barua, underscoring the company’s commitment to sustainability. Aclara is actively securing additional resources through an ongoing