Arizona Silver Exploration Inc said final assays from its 12-hole drilling program at its flagship Philadelphia gold-silver project in Mohave County, Arizona, intersected high-grade gold values in both footwall (FW) and hanging wall (HW) veins, with mineralized stockwork between.
The company said five holes were completed in the Rising Fawn Zone and seven in the GAP located in the Perry Zone, with all 12 holes intersecting gold mineralization in areas that were previously undrilled.
Gratomic Inc has issued an update for its Aukam graphite mine and processing plant in Namibia.
In April, the company’s technical team arrived at the mine site to advance that plant in order to batch process 100 tonnes of a high-purity graphite concentrate that will be shipped to industry partners in Asia, Europe and the US.
Atossa Therapeutics, Inc has announced that it will present a Trial in Progress poster for the Phase 2 clinical study of (Z)-endoxifen in premenopausal women with early stage ER+ / HER2- breast cancer (EVANGELINE) at the 2023 American Society of Clinical Oncology (ASCO) Annual Meeting, which will be taking place from June 2-6, 2023, in Chicago.
The clinical-stage biopharmaceutical company said the session, which will be presented by Dr Matthew Goetz of the Mayo Clinic, will take place on Sunday, June 4, 2023, from 8 AM to 11 AM Central Time.
TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) told shareholders it was encouraged to see the potential to expand the Los Azules copper deposit after project operator McEwen Mining released further positive drill results.
TNR holds a 0.4% net smelter returns royalty (NSR) on Los Azules, of which 0.04% of the 0.4% NSR Royalty is held on behalf of a shareholder.
Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) said it signed a renewal and expansion 3D modeling deal with an enterprise customer.
The first contract is for a 12-month extension to host thousands of 3D models that Nextech3D.AI (CSE:NTAR, OTCQX:NEXCF) created for the customer last year while the second contract is to create an additional 550 3D product models. The contracts are worth around $150,000 annually.
Shares in Tirupati Graphite PLC (LSE:TGR, OTCQX:TGRHF) jumped 12% in the wake of an encouraging trading update – one from which it emerged gross profit for the 12 months to 31 March 2023 had increased 170% year-on-year to £1.37mln.
Total production for the period was up 59% to 4,770 tons, while sales jumped 76% to £2.89mln. The basket price of graphite sold was up 17% at £726.
Bradda Head Lithium Limited (AIM:BHL, OTCQB:BHLIF, TSX-V:BHLI) reckons it may have a tiger by the tail in the form of a district-scale lithium discovery in Arizona.
In an update, it said soil sampling results from its property indicated a 9-kilometre mineralised trend while drilling intercepted high-grade lithium-bearing minerals on multiple targets.
Rainbow Rare Earths Ltd (LSE:RBW, OTC:RBWRF) has raised £7.52mln through a private placement of shares at a significant premium to Friday's closing price.
The new money along with the company's existing cash balance will be used to finance the completion and operation of the Phalaborwa pilot plant, finalise the Phalaborwa definitive feasibility study (DFS) and for general working capital.
Diversified Energy Company PLC (LSE:DEC, OTCQX:DECPF) recorded approximately US$400mln (£317mln) in net income in the first quarter of 2023, which included a gain of US$365mln on the fair value of its derived contracts, per today’s trading statement.
Adjusted EBITDA for the quarter was US$150mln with a realised cash margin of 54%.
FYI Resources Ltd (ASX:FYI, OTCQX:FYIRF) shares rose 10% intra-day to 11 cents after expanding its critical minerals strategy into the rare earths sector through a binding agreement for the staged acquisition of Minhub Operations Pty Ltd (MOPL).
MOPL is collaborating with potential suppliers of rare earth rich mineral sands concentrate to provide a midstream processing solution via offtake of such concentrate, including from the heavy rare earth rich Gippsland and Murray Basins.
Cloud DX will post its full-year 2022 financial results after market open on Monday May 15, 2023. The company said it expects the recently announced Management Cease Trade Order will be lifted immediately after reporting year-end financial results.
Immunic Inc will release its financial results for the first quarter ended March 31, 2023, including a corporate update, on Thursday, May 11, 2023, before the opening of the U.S. financial markets. A webcast will follow at 8:00 am ET. Register in advance at: https://imux.zoom.us/webinar/register/WN_ab5Mb3dMSBCsDvygg-RyAA.
Burcon NutraScience Corporation has closed the first tranche of the fully subscribed non-brokered private placement at an issue price of $0.265 per unit for gross proceeds of approximately $3.3 million. The company issued 5,784,802 units at a price of $0.265 per unit for aggregate gross proceeds of approximately $1.53 million and expects to close the second tranche of the offering on or before May 11, 2023.
Titan Lithium Inc CEO Craig Alford will present live at the Metals and Mining Hybrid Virtual Investor Conference, hosted by VirtualInvestorConferences.com, on May 11th. To register, please click here: https://bit.ly/433RPaN. Alford will be available for 1x1 meetings on May 12th and May 15th.
NEXGEL Inc will report its financial results for the first quarter ended March 31, 2023, after the market closes on May 15. The company will host a conference call at 4:30 P.M. ET on May 15, to discuss the results. To participate in the live call, dial +1-888-886-7786 or +1-416-764-8658 or access through this link: https://viavid.webcasts.com/starthere.jsp?ei=1609433&tp_key=21ca2e040e.