Silver Range Resources Ltd (TSX-V:SNG, OTC:SLRRF) said assay results and structural mapping have demonstrated continuity between the Strongbox and Roughrider properties, which have been amalgamated by recent staking into the larger Tule Canyon project in Nevada, USA.
The company said geological mapping, prospecting, and sampling carried out in late November 2022 showed “significant gold and silver mineralization” linking the southern portion of the Roughrider property with the Strongbox property, more than 1 kilometre to the East.
American Resources Corporation (NASDAQ:AREC), which supplies rare earth, critical elements, and advanced carbon materials to the infrastructure and electrification markets, revealed that it has joined NAATBatt International (NAATBatt), the top battery technology trade association in North America, through its wholly-owned subsidiary ReElement Technologies LLC.
In a statement, ReElement CCO Chris Moorman said: "NAATBatt is an excellent organization for ReElement to showcase its technologies and interact with the top players in the battery marketplace.”
Kainantu Resources Ltd (TSX-V:KRL) has provided an update on the May River Project in Papua New Guinea (PNG), saying it is considering options to acquire 100% of the project on favourable terms in the near term.
The Asia-Pacific-focused gold mining company also said a highly successful study has been completed on the Mountain Gate Prospect at May River, with analysis completed on a total of 324 samples taken from surface and trenching.
Predictmedix Inc. (CSE:PMED, OTCQB:PMEDF) said its AI-powered Safe Entry Station, which accurately screen for various physiological conditions non-invasively, has received pivotal clinical validation data from one of the largest government hospital groups in India.
"Our team is diligently working towards the goal of Safe Entry being in thousands of hospital triages across the world. We believe our technology will drastically improve patient care and reduce the strain on already over-extended healthcare workers,” Dr Rahul Kushwah, chief operating officer at Predictmedix in a statement.
Solis Minerals Ltd (TSX-V:SLMN, ASX:SLM) has acquired 22 new lithium exploration licences in northeast Brazil, forming the Borborema Project, with a focus on exploring for lithium and battery metals.
The project covers 248 square kilometres, with similar regional structural controls to Latin Resources Ltd (ASX:LRS)’s Colina deposit – large granitic intrusives in close proximity to meta sedimentary-volcanic sequences of geology.
Unigold Inc. (TSX-V:UGD, OTCQX:UGDIF) announced that Gordon Babcock has resigned as the chief operating officer of the company. Babcock will continue in his current duties until the middle of March. Joe Hamilton, CEO of Unigold, commented: "Gord has been instrumental in delivering a positive feasibility for our oxide starter operation and in supporting our permitting efforts in the Dominican Republic over the past year. On behalf of the Board of Directors, I would like to thank Gord and wish him well in his future endeavours." Unigold noted that it is awaiting final approval of its application for an Exploitation Concession over the Neita Sur area. The application has passed inspection and review by the Dirección General de Minería and was forwarded to the Ministerio de Energía y Minas with a positive recommendation in Q4 of last year. Unigold has responded to information requests from the Ministry and understands that the Ministry has sufficient information to move forward with the application. While it is difficult to predict a timeline for the final approval, the company is hopeful that the process will be finalized shortly.
Canada Silver Cobalt Works Inc (TSX-V:CCW, OTCQB:CCWOF) said it has granted stock options to its directors and officers to purchase an aggregate of 900,000 common shares in the capital of the company. The stock options are exercisable for a term of three years at an exercise price of $0.10 per share. All stock options are granted in accordance with the terms of the company’s Stock Option Plan and the policies of the TSX Venture Exchange and will be subject to a hold period of four months and one day from the date of grant.
Zeb Nickel (TSX-V:ZBNI, OTC:ZBNIF) said it has granted an aggregate of 1,200,000 stock options to its directors, officers, consultants and service providers. Each option is exercisable at $0.25 per common share for a four-year period.
PowerTap Hydrogen Capital Corp. (NEO:MOVE.AQN, OTC:MOTNF) has announced its financial results for its second quarter ended December 31, 2022. The company’s interim consolidated financial statements for the period ended December 31, 2022, and 2021 as well as its accompanying management discussion and analysis have been filed on SEDAR.
Super Spike Advisory, in its January 25, 2023, issue, said 'buy' G Mining Ventures Corp (TSX-V:GMIN, OTCQX:GMINF) stock at 74 cents, officially, up to 85 cents. This is the newsletter's first buy of the stock. It noted that the company's focus is the Tocantizinho, or TZ, project, in Brazil's Para state. G Mining has updated the project's feasibility study and confirmed the project's "excellent economics," boasting a net present value (discounted 5%) of $622 million and an internal rate of return of 24%. The company made a formal construction decision in September, 2022, and started building TZ. Once completed, it will be the third-largest gold mine in Brazil.
Fathom Nickel (CSE:FNI) said it has granted incentive stock options to certain directors, officers and consultants of the company for the right to purchase up to an aggregate of 5,000,000 common shares of the company, exercisable at a price of $0.085 per share for a period of 60 months. The options will vest 1/3 on the date of grant and 1/3 on each of the first and second anniversaries of the date of grant.
OTC Markets Group Inc. (OTCQX:OTCM), the operator of regulated markets for trading 12,000 US and international securities, has announced that Unit Corporation, a diversified energy company, has qualified to trade on the OTCQX Best Market and has today upgraded from the Pink market under the symbol UNTC. The OTCQX Market provides investors with a premium US public market to research and trade the shares of investor-focused companies. Graduating to the OTCQX Market marks an important milestone for companies, enabling them to demonstrate their qualifications and build visibility among US investors. To qualify for OTCQX, companies must meet high financial standards, follow best-practice corporate governance, and demonstrate compliance with applicable securities laws.
Western Magnesium Corp. (TSX-V:WMG, OTCQB:MLYF) announced an amendment to the non-brokered private placement previously announced on November 16, 2022 and its closing of the third and final tranche previously announced January 31, 2023. The final tranche closed on 600,000 Units for gross proceeds of US$66,000. The non-brokered private placement closed its first tranche November 24, 2022 on 2,295,273 Units for gross proceeds of US$188,530 and closed its second tranche December 30, 2022 on 818,833 Units for gross proceeds of US$73,695 and closed its final tranche January 30, 2023 on 600,000 Units for gross proceeds of US$66,000. The private offering closed on an aggregate total of 3,804,364 Units for gross proceeds of US$311,639. The Units were offered at a price of US$0.09 per Unit. Each Unit consisted of one share in Western Magnesium and one warrant exercisable into one share for a period of two years at a price of US$0.18 per share.