Archives: MiningNewsWire

November 30, 2021 15:20:08

In a broadcast aired in October, Tavi Costa, the portfolio manager of Crescat Capital, and Kevin Smith, the company’s chief investment officer, discussed how precious metals would do well in this current “stagflationary” environment.

The portfolio manager asserted that the intrinsic value of these metals was remarkable, in relation to the monetary system in the United States…

NOTE TO INVESTORS: The latest news and updates relating to Asia Broadband Inc. (OTC: AABB) are available in the company’s newsroom at https://ibn.fm/AABB

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MiningNewsBreaks – Asia Broadband Inc. (AABB) Enters Definitive Acquisition Agreement for High-Grade Bonanza Gold Mine Project

November 30, 2021 13:58:08

Asia Broadband (OTC: AABB) today announced its entry into a definitive purchase agreement to acquire a 100% interest in the Bonanza Gold Mine Project. According to the update, the company came to terms with Martin Augusto Vallejo Lujambio for the 19.25-hectare concession # 221977, Bonanza, located approximately 48 kms southeast from the city of Acaponeta and 3 kms from the town of El Carrizo, in Nayarit, Mexico. The property’s total purchase price was $6 million, split into $ 2 million cash and $ 4 million in restricted shares of Asia Broadband. The project is another prospective high-yield asset addition in AABB’s strategic expansion initiative to acquire gold production and increase physical gold holdings.

To view the full press release, visit https://ccw.fm/pmO3j

About Asia Broadband Inc.

Asia Broadband is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the company and creates distinctive value for shareholders. The company recently released its freshly minted mine-to-token gold-backed cryptocurrency AABB Gold token (“AABBG”) and strives to become a worldwide standard of exchange that is secured and trusted with gold backing, an outstanding quality relative to other cryptocurrencies. For more information about the company, visit www.AsiaBroadbandInc.com.

NOTE TO INVESTORS: The latest news and updates relating to AABB are available in the company’s newsroom at https://ibn.fm/AABB

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only)

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As Markets Keep Wary Eye on Inflation, StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Builds Important Gold Mining Resources

November 30, 2021 09:45:08

The global COVID pandemic has had a significant impact on the world’s markets, but a basic optimism has generally persisted after the shock of the initial outbreak
Gold continues to generate interest among investors amid concerns about inflation and the potential for consumer prices to continue in an uncontrolled climb
Mineral property acquisition and exploration company StraightUp Resources is focused on potential gold production targets in Ontario, Canada, and has begun to expand its resource portfolio internationally
The company’s international interests include a mine recently acquired in Nevada’s historically productive Beatty region, as well as one of the largest silver mining land packages in Peru that is in the negotiation process

Nearly two years into the global COVID pandemic, world capital markets are mining optimism that seems to have forgotten the precipitous declines in the early spring of 2020. Following the shock of COVID’s first year, and political unrest that accompanied it, most market sectors began to recover their losses, although there has been a notable widening of the distance between the best performers and those at the low end of the scale (https://ibn.fm/hyBzi). Still, fears of breakaway inflation continue to create a wariness among investors, particularly as U.S. consumer prices continue to rise at their highest rate in… Read More>> NOTE TO INVESTORS: The latest news and updates relating to STUPF are available in the company’s newsroom at https://ibn.fm/STUPF About MiningNewsWire MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge. To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only) For more information, please visit https://www.MiningNewsWire.com Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer MiningNewsWire Los Angeles, California www.MiningNewsWire.com 310.299.1717 Office [email protected] MiningNewsWire is part of the InvestorBrandNetwork.

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Emerging as Leader in Growing Uranium Mining Market

November 30, 2021 09:15:37

Growth in the uranium mining market is attributable to increase in nuclear fuel spend, reports the Business Research Company
Report also noted key factors in projected growth of space, which should reach $10.18 billion by 2020
UUUU is the leading U.S. producer of uranium, the fuel for carbon- and emission-free nuclear energy, in the country

The uranium mining market is projected to reach nearly $10.18 billion next year, according to a Business Research Company report, which noted that the industry should see CAGR of 4.6% during the forecast period (https://ibn.fm/vvT93). Energy Fuels (NYSE American: UUUU) (TSX: EFR), the largest producer of uranium in the United States, is committed to playing a significant role in the growing market. “The growth in the uranium ore mining market is due to increase in nuclear fuel spend in countries such as Australia, Kazakhstan and Canada owing to increasing spend in the defense industry,” stated the report, which noted that the uranium mining market consists of… Read More>> NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU About MiningNewsWire MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge. To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only) For more information, please visit https://www.MiningNewsWire.com Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer MiningNewsWire Los Angeles, California www.MiningNewsWire.com 310.299.1717 Office [email protected] MiningNewsWire is part of the InvestorBrandNetwork.

MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Discovers Multiple Targets Through Exploration of Ferdinand Gold Project

November 29, 2021

November 29, 2021 14:59:19

StraightUp Resources (CSE: ST) (OTCQB: STUPF) today announced that its 2021 ground exploration and heli-bourne magnetic surveys on the Ferdinand Gold Project (the “property”) are complete. According to the update, all available geologic data has been compiled by Orix Geosciences, with their structural interpretation confirming multiple areas of high merit and potential mineralization on the property. StraightUp Resources has the right to acquire 100% interest in the property consisting of 17 contiguous mining claims covering 7,143 hectares located in the south Uchi greenstone belt, 120 km east of Red Lake, Ontario. “We now have confirmation of D2 folding and ultramafic rocks, together considered to be a primary control for high-grade gold mineralization in this region, especially the Great Bear Resources Dixie Lake Gold Project,” said StraightUp’s president and CEO Mark Brezer. “This study represents a transformation of the Ferdinand Gold Project, and we couldn’t be more excited about the road ahead in this unexplored and unappreciated section of the infamous Uchi subprovince.”

To view the full press release, visit https://ibn.fm/9iyuj

About StraightUp Resources Inc.

StraightUp is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada and the U.S. Its objective is to locate and develop economic, precious and base metal properties of merit. StraightUp intends to conduct exploration on the RLX North, RLX South, Belanger and Ferdinand Gold Project, all located in the Red Lake Mining Division, as well as the recently acquired Bear Head Gold Project, located within the Meen-Dempster Greenstone Belt of the Uchi Subprovince, approximately 80 kilometers west of the Pickle Lake Gold Camp. The company’s recently acquired West Cat Mine includes an unpatented mining claim on federal land, located in the historic Beatty Mountain Nevada Mining District/Nye County, Nevada, about 15 kilometers east of U.S. Route 95, approximately 20 kilometers from Beatty, Nevada, at the base of the Bare Mountain Range. For more information, visit www.StraightUpResources.com.

NOTE TO INVESTORS: The latest news and updates relating to STUPF are available in the company’s newsroom at https://ibn.fm/STUPF

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only)

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Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer

MiningNewsWire
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www.MiningNewsWire.com
310.299.1717 Office
[email protected]

MiningNewsWire is part of the InvestorBrandNetwork.

Largest Alaskan Gold Nugget to Be Auctioned in December

November 29, 2021

November 29, 2021 14:50:09

Miners have been sourcing for gold in the state of Alaska for more than a century now, with miners discovering various-sized nuggets. The biggest gold nugget that was discovered in the state was found more than two decades ago by Barry Lloyd Clay, a gold miner from the Palmer region. This huge and rare gold nugget, which was dubbed the Alaska Centennial Nugget, has been put up for sale at an auction that is set to take place on Dec. 8, 2021. Many forecast that the nugget will be bought for no less than $1 million.

The nugget was discovered near the town of Ruby in 1998, while Clay was shoveling dirt with his bulldozer along the Swift Creek Mine’s shores…

NOTE TO INVESTORS: The latest news and updates relating to StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) are available in the company’s newsroom at https://ibn.fm/STUPF

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MiningNewsWire
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www.MiningNewsWire.com
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MiningNewsWire is part of the InvestorBrandNetwork.

Billionaires Bankroll Planned Rolls-Royce Modular Uranium Reactors

November 24, 2021 13:20:59

BNF Capital director Sean Benson has revealed that the Perrodo family decided to invest into Rolls Royce’s small modular reactor technology plans as the energy transition will not be possible without the use of nuclear power. The billionaire French oil family, whose fortune was built on investments in gas and oil, is one-half of the pair of private backers of the aero-engine group’s plan for mini nuclear power plants.

This move is part of a series of investments based on a revival for nuclear power, with Benson noting that the family believes uranium will play a crucial role in meeting the carbon targets for net zero that have been set globally.

NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

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MiningNewsWire
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www.MiningNewsWire.com
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MiningNewsWire is part of the InvestorBrandNetwork.

MiningNewsBreaks – Defense Metals Corp. (TSX.V: DEFN) (OTCQB: DFMTF) (FSE: 35D) Delivers Positive PEA for Wicheeda REE Project

November 24, 2021 12:00:08

Defense Metals Corp. (TSX.V: DEFN) (OTCQB: DFMTF) (FSE: 35D) today announced the results of its Preliminary Economic Assessment (“PEA”) and updated mineral resource estimate for the development of its British Columbia, Canada-based Wicheeda Rare Earth Element (“REE”) deposit. According to the update, SRK Consulting Inc. (Canada) prepared the PEA, which has an effective date of Nov. 21, 2021. A technical report relating to the PEA will be filed on SEDAR within 45 days of the news release. “We are pleased to have delivered a positive PEA for the Wicheeda REE Project that has the potential to be one of the top REE projects in the world,” said Craig Taylor, CEO of Defense Metals. “We chose SRK due to its world-class experience and reputation in the mining industry and in particular its ability to assemble a team with highly specialized knowledge of rare earth elements projects. The results of the PEA reveal the Wicheeda Project demonstrates robust economics and relatively low initial CAPEX via a staged development scenario that provides the flexibility to capitalize on forecast REE demand pressure.” To view the full press release, visit https://ibn.fm/fozWR About Defense Metals Corp. Defense Metals is a mineral exploration company focused on the acquisition of mineral deposits containing metals and elements commonly used in the electric power market, defense industry, national security sector and in the production of green energy technologies, such as rare earths magnets used in wind turbines and in permanent magnet motors for electric vehicles. Defense Metals has an option to acquire 100% of the Wicheeda Rare Earth Element Property located near Prince George, British Columbia, Canada. The company trades in Canada under the symbol DEFN on the TSX Venture Exchange, in the United States, under DFMTF on the OTCQB, and in Germany on the Frankfurt Exchange under 35D. For more information about the company, visit www.DefenseMetals.com. About MiningNewsWire MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge. To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only) For more information, please visit https://www.MiningNewsWire.com Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer MiningNewsWire Los Angeles, California www.MiningNewsWire.com 310.299.1717 Office [email protected] MiningNewsWire is part of the InvestorBrandNetwork.

StraightUp Resources Inc.’s (CSE: ST) (OTCQB: STUPF) Exploration and Expansion Program, A 2021 Outlook

November 24, 2021 08:45:38

StraightUp marked 2021 with strategic opportunities in the United States and Peru
These projects were selected by management based on past exploration and proven reserves in these regions
2021 also marked the year StraightUp up-listed to the OTCQB Venture Market in the United States
StraightUp is optimistic about 2022

For the 2021 fiscal and calendar year, StraightUp Resources (CSE: ST) (OTCQB: STUPF) set out on an aggressive asset acquisition plan, coupled with an exploration program that would be the highlight of the year. Thus far, it has acquired the West Cat Mine in Nevada, along with the Ferdinand Gold Project and Bear Head Gold Project, both located in western Ontario (https://ibn.fm/E2Oho). However, these acquisitions do not aptly represent its commitment to maximizing shareholder wealth as its aggressive exploration program. StraightUp, at the beginning of the year, broke down its 2021 exploration program into… Read More>> NOTE TO INVESTORS: The latest news and updates relating to STUPF are available in the company’s newsroom at https://ibn.fm/STUPF About MiningNewsWire MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge. To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only) For more information, please visit https://www.MiningNewsWire.com Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer MiningNewsWire Los Angeles, California www.MiningNewsWire.com 310.299.1717 Office [email protected] MiningNewsWire is part of the InvestorBrandNetwork.

Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Produces Raw Materials for Numerous Clean-Energy, Advanced Technologies

November 24, 2021 08:45:22

An ever-increasing demand for energy is fueling the focus on sustainable energy solutions.
UUUU is proud to produce the raw materials that make numerous clean-energy and advanced technologies possible.
Energy Fuels began producing rare earths in 2021, which are used in electric vehicles, renewable energy, batteries and other technologies.

As the world becomes more focused on and committed to clean energy and sustainability, companies in every sector are recognizing the importance of advancing ESG (environmental, sustainability, and governance) priorities. A leading U.S.-based uranium mining company Energy Fuels (NYSE American: UUUU) (TSX: EFR) places a high priority on its efforts to produce raw materials that support global clean-energy efforts. “As the world population continues to grow, there is an ever-increasing demand for energy, and renewable sources are the answer to providing sustainable energy solutions, while also protecting the planet from… Read More>> NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU About MiningNewsWire MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge. To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only) For more information, please visit https://www.MiningNewsWire.com Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer MiningNewsWire Los Angeles, California www.MiningNewsWire.com 310.299.1717 Office [email protected] MiningNewsWire is part of the InvestorBrandNetwork.

Analysts Forecast Significant Increase in Energy-Storage Installations

November 23, 2021

November 23, 2021 12:50:18

Analysts forecast that by 2030, we will have hit new highs with regard to energy-storage installation, referring to this period as the energy-storage decade. As of December 2020, only 17GW/34 GWh of energy storage was installed. However, in the latest Global Energy Storage Outlook report, analysts forecast that investments valued at more than $260 billion will be injected into the energy sector, resulting in 344 GW/999 GWh of new energy-storage technology to be deployed. By 2030, analysts at BloombergNEF expect that installations will have reached 362 GW/ 1033 GWh.

Yayoi Sekine, who is the head of decentralized energy at BloombergNEF, stated that many had been expecting a considerable increase for years and now the energy industry was ready to deliver…

NOTE TO INVESTORS: The latest news and updates relating to StorEn Technologies Inc. are available in the company’s newsroom at https://ibn.fm/StorEn

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Gold vs. Bitcoin: Which Asset Is a Better Hedge Against Inflation?

November 22, 2021

November 22, 2021 14:05:37

Since its introduction to the global market, cryptocurrency (and in particular Bitcoin) has outperformed gold by far. Currently, the precious metal is down by roughly 4% while this digital coin has risen by about 133%. Some analysts believe that investors may be opting for this digital currency over the yellow metal as a hedge against increasing inflation. However, the chief gold strategist at State Street’s SPDR ETFs, George Milling-Stanley, disagrees with this.

In a recent interview with the ETF Edge on CNBC, the strategist stated that the digital currency and gold could co-exist without friction in the market as they played different roles…

NOTE TO INVESTORS: The latest news and updates relating to Asia Broadband Inc. (OTC: AABB) are available in the company’s newsroom at https://ibn.fm/AABB

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The Price of Gold Increases After Strong Payroll Data

November 19, 2021

November 19, 2021 14:35:25

The latest employment report shows that the U.S. economy added more than 530,000 jobs last month, which was higher than the 450,000 jobs analysts had predicted. This is a welcome change from the August employment report, which showed that only 366,000 jobs were added to the economy. The rate of unemployment also dropped in the same month, declining to 4.6% from 4.8%. This increase in jobs, coupled with the drop in the rate of unemployment, prompted an increase in the price of gold futures, which began to sell for $1,820.

Some analysts find the metal’s behavior surprising, as it typically reacts negatively to strong economic data…

NOTE TO INVESTORS: The latest news and updates relating to StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) are available in the company’s newsroom at https://ibn.fm/STUPF

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MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) Receives USFS Approval for Kilgore Project Drilling

November 18, 2021

November 18, 2021 13:56:47

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) announced that it has received authorization from the United States Forest Service (“USFS”) to move forward with planned mineral exploration activities in the Dubois Ranger District located in Clark County, Idaho. Government regulations required an environmental assessment of EXN’s proposed plan; that assessment was conducted by the Dubois Ranger District, Caribou-Targhee National Forest, and FS Region 4. The company reported that, after thorough review, the USFS determined that Excellon’s plan of operations included appropriate safeguards. Consequently, a Decision Notice/Finding of No Significant Impact (“DN/FONSI”) was issued. The company plan outlines drilling at 130 locations on a number of potential target areas associated with its Kilgore project, with anticipated completion in the next three to five years. “We appreciate the dedication of the USFS to ensure that our plan for the Kilgore Project includes the appropriate safeguards to protect the lands, waters and wildlife on the project and surrounding region,” said Excellon Resources president and CEO Brendan Cahill in the press release. “Our team in Idaho, led by senior project manager Phil Bandy, has also demonstrated patience and flexibility in enhancing our plan based on the recommendations of the USFS. We expect to provide updates on the next stages of our exploration plans for Kilgore in the coming days.”

To view the full press release, visit https://ibn.fm/fH7ze

About Excellon Resources Inc.

Excellon Resources has a vision to create wealth by realizing strategic opportunities through discipline and innovation for the benefit of its employees, communities and shareholders. The company is advancing a precious metals growth pipeline that includes the following: Platosa, Mexico’s highest-grade silver mine since production commenced in 2005; Kilgore, a high-quality gold development project in Idaho with strong economics and significant growth and discovery potential; and an option on Silver City, a high-grade epithermal silver district in Saxony, Germany, with 750 years of mining history and no modern exploration. The company also aims to continue capitalizing on current market conditions by acquiring undervalued projects. For more information about the company, please visit www.ExcellonResources.com.

NOTE TO INVESTORS: The latest news and updates relating to EXN are available in the company’s newsroom at https://ibn.fm/EXN

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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U.S. Geological Survey to Remove Uranium from Critical Minerals List

November 18, 2021

November 18, 2021 12:05:05

The U.S. Geological Survey has suggested that uranium be removed from the national list of critical minerals. The draft list of critical minerals published by the agency in the Federal Register earlier in September of this year highlights 50 minerals that have been deemed essential to ecoomic security and national defense.

Uranium is a radioactive metal mainly used as fuel for nuclear power plants…

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Harmony Energy’s IPO Raises $251 Million for Battery-Storage Deployment

November 17, 2021

November 17, 2021 15:20:40

Harmony Energy, a battery-storage development company focused on renewable energy, launched its initial public offering (“IPO”) in October of this year. Thus far, the UK-based firm has raised roughly $251 million, which it plans to use to finance battery-storage deployment. This amount is equivalent to about £186 million.

The company announced that it would be selling their shares to the public through Harmony Energy Income Trust, its investment company…

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MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Is Building for the Future

November 17, 2021

November 17, 2021 15:13:43

StraightUp Resources (CSE: ST) (OTCQB: STUPF), a Canada-based mineral exploration and mining property acquisition company, is completing a series of acquisitions in historically proven gold districts, starting with options for the RLX North, RLX South and Belanger Red Lake gold properties in Ontario obtained last year. In addition, the company acquired the West Cat Mine across the continent in the state of Nevada and also recently acquired the Bear Head Gold Property in western Ontario. Notably, gold is a proven long-term hedge against inflation and can help investors protect against potentially excessive asset price inflation and currency debasement. In addition to the acquisitions, a recent article notes, StraightUp “has completed a high-resolution heli-borne magnetic survey (“MAG”) on the Ferdinand property and has now received a final report on the survey. StraightUp has also completed MAG surveys on RLX North and RLX South, which at about 10,000 hectares (25,000 acres) are the company’s largest area of operation currently. Ground exploration has begun and StraightUp will use the MAG surveys to help pinpoint future drill programs, president and CEO Mark Brezer has indicated.”

To view the full article, visit https://ibn.fm/SLnDS

About StraightUp Resources Inc.

StraightUp is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada and the U.S. Its objective is to locate and develop economic, precious and base metal properties of merit. StraightUp intends to conduct exploration on the RLX North, RLX South, Belanger and Ferdinand Gold Project, all located in the Red Lake Mining Division, as well as the recently acquired Bear Head Gold Project, located within the Meen-Dempster Greenstone Belt of the Uchi Subprovince, approximately 80 kilometers west of the Pickle Lake Gold Camp. The company’s recently acquired West Cat Mine includes an unpatented mining claim on federal land, located in the historic Beatty Mountain Nevada Mining District/Nye County, Nevada, about 15 kilometers east of U.S. Route 95, approximately 20 kilometers from Beatty, Nevada, at the base of the Bare Mountain Range. For more information, visit www.StraightUpResources.com.

NOTE TO INVESTORS: The latest news and updates relating to ST are available in the company’s newsroom at https://ibn.fm/STR

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Price of Gold Hits Two-Month High

November 16, 2021

November 16, 2021 13:05:47

Despite mounting pressure from increasing U.S. treasury yields, gold continued its rally this week. This comes as investors try to work with the expectation that major central banks around the globe will keep low interest rates in the short term.

Gold futures in the United States rose by 0.5%, hitting $1825. 80/ounce in New York, while spot gold also carried on with its momentum from last week, rising by 0.4% to reach $1824.28/ounce. This is the highest price spot gold has occupied in two months…

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MiningNewsBreaks – Excellon Resources Inc. (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) Releases Q3 2021 Financial Report

November 16, 2021

November 16, 2021 11:34:22

Excellon Resources (TSX: EXN) (NYSE American: EXN) (FRA: E4X2) has reported its financial results for the three- and nine-month periods ended Sept. 30, 2021. Highlights of the report include revenues of $9.2 million with gross profit of $1.8 million and total cash cost net of byproducts per silver ounce payable improved to $11.02. The company noted that all-in sustaining cost (“AISC”) per silver ounce payable totaled $21.52, in part due to increased underground exploration at Platosa, with production cost of $281 per ton. Excellon also saw more than 21,000 tons mined and milled for the fifth quarter in a row, with sizeable stockpiles of ore and concentrate being processed and/or delivered in early October. EXN exploration expenditures increased for the quarter by 27% to $2.5 million, with increased drilling expenditures at Silver City, and the company ended the quarter with cash and marketable securities of $5 million. “Platosa continued to generate cash in Q3, which allowed us to realize our highest quarterly exploration expenditure since Q1 2013,” said Excellon Resources president and CEO Brendan Cahill in the press release. “We continue to drill with two rigs at Silver City and aggressively follow up on the 817 Zone at Platosa, where we discovered a new, high-grade and vertical zone of mineralization beneath an area that was mined in 2017. We expect to release new results from 817 shortly. Revenues and costs have remained fairly stable over the past five quarters, though we have seen certain increases for electricity and labor, the latter due to labor law amendments in Mexico that took effect in Q3. Strong base metal prices and strengthening silver prices were beneficial in Q3 and have subsequently increased further. We also had ore in stockpile representing approximately 58,000 AgEq ounces at quarter-end, which will contribute to Q4 sales.”

To view the full press release, visit https://ibn.fm/QXl1X

About Excellon Resources Inc.

NOTE TO INVESTORS: The latest news and updates relating to EXN are available in the company’s newsroom at https://ibn.fm/EXN

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Mining Developer StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Increases Investment Exposure with OTCQB Listing

November 16, 2021

November 16, 2021 08:15:28

Mineral property exploration company StraightUp Resources has pursued greater scale of its acquisitions and holdings in recent months, including properties in Canada, the United States, and Peru
StraightUp announced recently that it has upgraded its listing in the United States to the OTCQB Venture Market under the symbol STUPF to gain access to a larger investor base
StraightUp continues to be listed on the Canadian Securities Exchange under the symbol ST as well
The company’s flagship operations are in Ontario, where it has obtained options in several properties within the prolific Red Lake Mining Division’s greenstone belt

StraightUp Resources (CSE: ST) (OTCQB: STUPF), a company focused on acquiring select mining properties and a global scale of exploring for minerals, is expanding its access to investors by uplisting to the OTCQB Venture Market in the United States under the symbol STUPF. StraightUp has expanded its resources in recent months, bringing its precious metals asset portfolio to a level that includes options for the RLX North, RLX South, Belanger Red Lake, Bear Head and the Ferdinand gold properties in Ontario, Canada’s well-known… Read More>> NOTE TO INVESTORS: The latest news and updates relating to STUPF are available in the company’s newsroom at https://ibn.fm/STUPF About MiningNewsWire MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge. To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only) For more information, please visit https://www.MiningNewsWire.com Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer MiningNewsWire Los Angeles, California www.MiningNewsWire.com 310.299.1717 Office [email protected] MiningNewsWire is part of the InvestorBrandNetwork.

Sprott Asset Management LP to Acquire North Shore’s Uranium Mining ETF

November 15, 2021

November 15, 2021 16:00:15

Last week, North Shore Indices entered into an agreement with Sprott Asset Management. The agreement involves Sprott acquiring an exclusive license that will allow the company to utilize the North Shore Global Uranium Mining Index. This transaction between the two companies hasn’t yet been approved by the shareholders of North Shore Global Uranium Mining ETF and its board of trustees.

Once it is granted approval, the company will undergo reorganization in order to establish Sprott Uranium Miners ETF, which will be subadvised and advised by Alps Advisors Inc. and Sprott Asset Management, respectively…

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About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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COP26 Ideal for Emphasizing Battery Storage Role in Energy Transition

November 12, 2021

November 12, 2021 12:50:06

This year’s UN climate change conference, dubbed COP26 and running Oct. 31 through Nov. 12, 2021. With the climate crisis at its worst, policymakers are under significant pressure to turn things around. Various issues will be discussed during the climate change conference, including the establishment of an international carbon market and the reduction of the use of coal.

Energy storage will enable renewable energy to replace fossil fuels globally, which makes it essential…

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About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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MiningNewsBreaks – Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Reigniting Saxony’s Storied Mining History

November 12, 2021

November 12, 2021 11:21:34

Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) is actively working to reignite the Saxony region’s proud and storied history, which has long been synonymous with silver mining. According to Ben Pullinger, SVP Geology and Corporate Development for Excellon, Saxony has become an important jurisdiction for the company over that past year. “In mid-2020, Excellon announced that it had entered into a research and development alliance with the Helmholtz Institute Freiberg (‘HIF’). The company’s team seeks to apply modern exploration technology on the historically significant Silver City mineral field in Saxony, Germany,” reads a recent article. Excellon, which holds an option to acquire a 100% interest in the historically productive 16,500-hectare Bräunsdorf license on the Silver City Project, carried out initial drilling in 2020 with results confirming the presence of a high-grade, district-scale epithermal silver system over more than 12 kilometers of strike. “Earlier this year, Excellon announced that, following approval from the Saxon Mining Authority, the company has added three exploration licenses to the Silver City Project — namely, Frauenstein, Mohorn and Oderan, doubling the size of the project to 34,150 hectares.”

To view the full article, visit https://ibn.fm/uv0dk

About Excellon Resources Inc.

NOTE TO INVESTORS: The latest news and updates relating to EXN are available in the company’s newsroom at https://ibn.fm/EXN

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Pros and Cons of Investing in Silver Bullion

November 11, 2021

November 11, 2021 12:50:32

When the price of silver increases, interest from investors in the silver market rises. Like gold, the metal is considered to be a safe haven asset that investors can use to protect themselves in times of uncertainty. Silver can also be used by investors to preserve their wealth in times of difficulty. Today, we look at the advantages and disadvantages of purchasing silver bullion.

Advantages of Investing in Silver Bullion

Provides anonymity

Silver affords its users a degree of anonymity when it comes to spending, just like cash…

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About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Why Nuclear Energy Isn’t Growing Fast in America

November 10, 2021

November 10, 2021 11:25:13

As more countries adopt the use of renewable energies and cut down on fossil fuel use in order to meet their carbon neutrality goals, the debate on whether nuclear energy should be used continues. Nuclear energy doesn’t emit high levels of carbon dioxide such as other renewable energies, which makes it a good option to complement solar and wind energies.

While nuclear energy is considered to be a renewable energy source, the material it uses to generate power — uranium — is not renewable. At the moment, uranium exists in plenty and, despite having. . .

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MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Announces Move to OTCQB Listing

November 9, 2021

November 9, 2021 13:47:36

StraightUp Resources (CSE: ST) (OTCQB: STUPF), a public company engaged in the business of mineral exploration and the acquisition of mineral property assets in North America, has started trading on the OTCQB Venture Market in the United States under the symbol STUPF. The company noted that its common shares will also continue to trade on the Canadian Securities Exchange (“CSE”) under the symbol ST. The OTCQB exchange is designed for early-stage and developing companies. StraightUp Resources anticipates that the OTCQB listing will result in greater exposure, visibility and trading convenience for its U.S. investors. “Upgrading to the OTCQB provides a greater reach in today’s marketplace, one that transcends borders and is truly global,” said StraightUp Resources president and CEO Mark Brezer in the press release. “The new listing gives StraightUp improved access to millions of U.S. investors during our next phase of growth and ultimately, connects us with a much larger audience. I expect our shareholders to benefit through increases in trading liquidity and expanded retail and institutional investors.”

To view the full press release, visit https://ibn.fm/6jRsf

About StraightUp Resources Inc.

StraightUp is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada. Its objective is to locate and develop economic, precious and base metal properties of merit. StraightUp intends to conduct exploration on the RLX North, RLX South, Belanger and the Ferdinand Gold Project, all located in the Red Lake Mining Division, as well as the recently acquired Bear Head Gold Project, located within the Meen-Dempster Greenstone Belt of the Uchi Subprovince, approximately 80 kilometers west of the Pickle Lake Gold Camp. The company’s recently acquired West Cat Mine includes an unpatented mining claim on federal land, located in the Historic Beatty Mountain Nevada Mining District/Nye County Nevada about 15 kilometers east of US-95, approximately 20 kilometers from Beatty, Nevada, at the base of the Bare Mountain Range. For further information about the company, visit www.StraightUpResources.com.

NOTE TO INVESTORS: The latest news and updates relating to ST are available in the company’s newsroom at https://ibn.fm/STR

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Report Finds That Corporate Funding into Battery-Storage Sector Reached Billions

November 9, 2021

November 9, 2021 12:35:02

During the first nine months of this year, companies involved in the battery-storage sector raised roughly $11 billion in corporate funding. This figure represents a more than 360% rise in sector funding when compared to the same period in 2020.

Mercom Capital, a clean-energy markets research group, stated that the amount it had recorded in its most recent report on M&A activity and battery-storage funding was made up of more than 70 deals…

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StraightUp Resources Inc. (CSE: ST) Positions Itself Among Major Mining Companies After Securing Right of Exclusivity with Premier Silver Corp.

November 8, 2021

November 8, 2021 14:47:38

StraightUp has entered an ROE with Premier Silver Corp. that secures it 60 days of exclusivity to negotiate an agreement on the acquisition of Premier and its underlying assets
Premier’s acquisition would give StraightUp a shot at tremendous upside potential in silver exploration and building assets where silver forms the primary product in mining the material
Premier is a crucial player in the junior mining industry, having raised over $10 million in private funding to date
Its main asset, the Mallay Mine & Processing Plant, is one of the largest silver mining packages in Peru

StraightUp Resources (CSE: ST) has been on a mission to expand its market reach and grow its mineral exploration domain, primarily through acquisitions. In 2021 alone, the company has added the West Cat Mine, a historic mine in Nevada, to its property portfolio. It is a significant move on its part and one that places it among some of the top players in this sector (https://ibn.fm/scIaX). In a move to further expand this portfolio, StraightUp has announced having entered into a right of exclusivity agreement (“ROE”) with Premier Silver Corp, where the latter is set to acquire all of Premier’s… Read More>> NOTE TO INVESTORS: The latest news and updates relating to ST are available in the company’s newsroom at https://ibn.fm/STR About MiningNewsWire MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge. To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only) For more information, please visit https://www.MiningNewsWire.com Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer MiningNewsWire Los Angeles, California www.MiningNewsWire.com 310.299.1717 Office [email protected] MiningNewsWire is part of the InvestorBrandNetwork.

Factors Influencing Silver Demand

November 8, 2021

November 8, 2021 14:05:05

Silver has various applications, including in investments as well as in different industries, meaning its demand stems from different sectors. The metal is considered to be versatile, with its demand being driven by its end uses that range from medicine to silverware. Technological and industrial uses for silver account for more than one-half of annual international demand, stimulated by its ductility, malleability and strength.

Last year, the global demand for the metal decreased by roughly 99 million ounces, with the largest decline in consumption being recorded in the silverware and jewelry segments…

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Study Finds Radiation May Create Valuable Fuel Additive

November 5, 2021

November 5, 2021 12:35:26

Researchers have found that radiation from nuclear fuel that has already been used can be utilized in the creation of a fuel additive required for renewable biodiesel. The research, which was conducted by researchers at the Aston University and Lancaster University in the UK as well as the Jožef Stefan Institute in Slovenia, was reported in the “Nature Communications Chemistry” journal.

The report called attention to the existence of uncharted renewable processes that can be realized through the use of ionizing radiation…

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Honeywell Launches New Flow Battery Technology for Energy Storage

November 4, 2021

November 4, 2021 11:35:00

Honeywell Sustainable Technology Solutions recently launched its new flow battery technology, which uses renewable energy sources to satisfy the rising demand for sustainable energy storage. This flow battery makes use of a safe and incombustible electrolyte that generates electricity from chemical energy before storing it for future use, while satisfying the safety, longevity and environmental objectives of different utilities. The company’s new technology affords extended duration and more flexibility to utility companies.

The flow battery technology stores energy that can be utilized when a location’s power grids are at capacity, when there’s a power outage or when solar and wind are absent…

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World Bank Report Projects Precious Metals Price Recovery

November 3, 2021

November 3, 2021 14:20:29

During this year’s third quarter, the Precious Metals Index dropped by 3%. The latest report released by the World Bank notes that this drop was caused by reduced physical demand, a stronger U.S. dollar and decreasing investor sentiment from rising real interest rates.

The World Bank projects that in the short term, the average price of these metals will increase heading into 2022, with many expecting a tightened monetary policy…

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MiningNewsBreaks – Asia Broadband Inc. (AABB) Establishes El Salvador-Based Presence, Operations Hub Prior to Launch of Proprietary Exchange

November 3, 2021

November 3, 2021 13:15:32

Asia Broadband (OTC: AABB) today announced that it has established a corporate presence and satellite office in El Salvador to serve as the company’s Central and South American operations hub in preparation for the upcoming exchange launch. The company recently registered a subsidiary in El Salvador, AABBG Exchange Sociedad Anonima De Capital Variable, to form the foundation of the new business development and marketing facility. According to the update, an initial team of support staff was assembled to continue building demand for the “AABBG” token and exchange in Latin America. In recent months, the AABB management team has traveled regularly to El Salvador to complete the setup of the new subsidiary, office and communications center. The AABB wallet and exchange has continued to be very well received by the local business community, validating the company’s business plans within the country and expansion into the Latin American market.

To view the full press release, visit https://ibn.fm/igYu8

About Asia Broadband Inc.

Asia Broadband is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the company and creates distinctive value for shareholders. Additionally, the company has recently released its “AABBG” freshly minted mine-to-token gold-backed cryptocurrency and is developing its own proprietary digital exchange. AABB expects its token to become a worldwide standard of exchange that is stable, secured and trusted with gold backing, while having the added benefit of demand-based price appreciation. These are unique and outstanding qualities relative to other cryptocurrencies. For more information, visit www.AsiaBroadbandInc.com, www.AABBExchange.com and www.AABBGoldToken.com.

NOTE TO INVESTORS: The latest news and updates relating to AABB are available in the company’s newsroom at https://ibn.fm/AABB

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MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) Making Indelible Mark on the Mining Scene

November 2, 2021

November 2, 2021 14:32:24

StraightUp Resources (CSE: ST) is positioning itself in the mining sector and maximizing shareholder wealth and value through its focus on strategic acquisitions and exploration work. Following the completion of an initial public offering (“IPO”) in March last year and a non-brokered private placement a month later, StraightUp embarked on a journey that saw it acquire the RLX North, RLX South and Belanger Red Lake gold properties in June 2020, the Ferdinand Gold Property in Ontario in March of this year, and the Bear Head Gold Property later in July. The company also commenced a ground magnetic (“MAG”) survey at the RLC properties. In addition, it initiated Heli-borne MAG surveys at the RLX properties and the Ferdinand Gold Property. StraightUp has since completed the former Heli-borne MAG survey and is expecting a final report soon. It has also received the preliminary results on the latter. In September, “the company acquired the historic West Cat Mine in Nevada, U.S., marking its expansion into new mining districts as it continues to position itself among top-quality assets and companies.”

To view the full article, visit https://ibn.fm/pATgU

About StraightUp Resources Inc.

StraightUp is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada and the U.S. Its objective is to locate and develop economic, precious and base metal properties of merit. StraightUp intends to conduct exploration on the RLX North, RLX South, Belanger and Ferdinand Gold Project, all located in the Red Lake Mining Division, as well as the recently acquired Bear Head Gold Project, located within the Meen-Dempster Greenstone Belt of the Uchi Subprovince, approximately 80 kilometers west of the Pickle Lake Gold Camp. The company’s recently acquired West Cat Mine includes an unpatented mining claim on federal land, located in the historic Beatty Mountain Nevada Mining District/Nye County, Nevada, about 15 kilometers east of U.S. Route 95, approximately 20 kilometers from Beatty, Nevada, at the base of the Bare Mountain Range. For more information, visit www.StraightUpResources.com.

NOTE TO INVESTORS: The latest news and updates relating to ST are available in the company’s newsroom at https://ibn.fm/STR

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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MiningNewsBreaks – Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Well Primed to Serve Burgeoning Precious Metals Market

November 2, 2021

November 2, 2021 14:08:49

Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2), a silver and base metals producer with precious metals projects in Mexico, Idaho and Germany, has employed a world-class leadership team with a proven track record to capitalize on positive trends in the precious metals space even as the results of the market’s increasingly optimistic outlook on silver’s prospects are seen in North America, Europe and Asia. A six-story high warehouse near Singapore’s Changi airport, which currently holds around 400 tons of silver, is expected to store as much as 15,000 tons once complete, indicating the potential that the market currently attributes to the precious metal. Through buying activity, the London Bullion Market Association (“LBMA”) grew the value of silver stored in its vaults to a record ~$30 billion, while North America’s JM Bullion recently inaugurated their new 25,000 square-foot silver warehouse in Dallas. “Notably, silver’s prospects are simultaneously being driven by strong industrial demand across a myriad of sectors in the global economy,” reads a recent article. “Positioned well with its portfolio of production and exploration resource projects spanning North America and Europe, Excellon Resources is well primed to serve the burgeoning market.

To view the full article, visit https://ibn.fm/6nT3V

About Excellon Resources Inc.

NOTE TO INVESTORS: The latest news and updates relating to EXN are available in the company’s newsroom at https://ibn.fm/EXN

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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U-Battery Exhibits Full-Scale Modular Nuclear Reactor Model

November 2, 2021

November 2, 2021 12:20:22

Last month, Cavendish Nuclear and U-Battery unveiled a full-scale model of U-Battery’s advanced modular reactor. The event was held at the Whetstone facility, which is located in Leicestershire and owned by Cavendish Nuclear. This full-scale model shows how the reactor can be constructed using modular techniques. The project was financed under the Advanced Manufacturing and Materials Program by the United Kingdom’s Department for Business, Energy and Industrial Energy.

U-Battery general manager Steve Threlfall stated that building a full-scale model allowed the company to ascertain the requirements for the reactor’s concept design and confirm the operational safety case of the nuclear power plant…

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Ameresco to Address Electricity Supply Issues in California Through Battery-Storage Solutions

November 1, 2021

November 1, 2021 14:20:12

Last week, Ameresco partnered with Southern California Edison to provide storage systems leveraging battery technology. The clean-energy solutions provider stated that the contract entails the provision of three 4-hour duration battery-energy storage system projects.

Each of these systems has been designed to cushion the reliability issues affecting the electricity system that supplies most of California, with each being connected to a distribution network substation pocket…

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MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) Announces Q3 2021 Financial Results

November 1, 2021

November 1, 2021 09:33:52

Energy Fuels (NYSE American: UUUU) (TSX: EFR) today released its financial results for the quarter ended Sept. 30, 2021. Among the highlights, the company reported a very robust balance sheet with $132.8 million of working capital, including $100.8 million of cash and marketable securities and $29.3 million of inventory as of Sept. 30, 2021. At current commodity prices, Energy Fuels’ product inventory has a $46.9 million value. “Energy Fuels continues to make rapid progress toward positioning our White Mesa Mill as America’s ‘Critical Minerals Hub,’ by maintaining the Mill’s key uranium and vanadium production capabilities while further diversifying our portfolio to include rare earth elements production — an exciting and strategically important move both domestically and for the company. We also continue to watch the uranium markets closely in order to best evaluate our opportunities to capitalize on recent price increases and market improvements,” said Mark S. Chalmers, Energy Fuels’ president and CEO. “After many years of low prices, uranium markets have recently sprung to life with significant price action. Between mid-August and mid-September, the spot price of uranium rose a staggering 66%, mainly due to significant spot purchases by financial entities who have stated their intention to hold the uranium for several years. Nuclear utilities, traders and others have had access to plentiful uranium on the spot market for the past several years and, in many cases, depended on the spot market to meet their short- and mid-term fuel requirements and delivery commitments. These new purchasers of uranium are removing material from the spot market, thereby potentially creating a fundamental shift in the market by rapidly increasing demand. One could liken these entities to another major, new nuclear utility entering the scene and consuming large quantities of uranium, as this material is not expected to be available for sale in the foreseeable future, if ever. We believe this new dynamic could create opportunities for Energy Fuels to enter into long-term supply contracts for a portion of our production with nuclear utilities at prices, quantities and other terms that generate sufficient project cashflow, all while keeping the majority of our production leveraged to further potential increases in uranium prices.”

To view the full press release, visit https://ibn.fm/1XgoX

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. The company also produces vanadium from certain of its projects, as market conditions warrant, and is ramping up to commercial-scale production of REE carbonate in 2021. Its corporate offices are in Lakewood, Colorado, near Denver, and all of its assets and employees are in the United States . Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch in-situ recovery (“ISR”) Project in Wyoming and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year and has the ability to produce vanadium when market conditions warrant, as well as REE carbonate and uranium from various uranium-bearing ores. The Nichols Ranch ISR Project is currently on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also currently on standby. In addition to the above production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. The primary trading market for Energy Fuels’ common shares is the NYSE American under the trading symbol UUUU, and the company’s common shares are also listed on the Toronto Stock Exchange under the trading symbol EFR. For more information, visit the company’s website at www.EnergyFuels.com.

NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Former Goldcorp Executives Expect Dramatic Gold Price Rally

October 29, 2021

October 29, 2021 11:05:19

Pandemic aftershocks have stressed supply chains, which has led to the surge in the price of various commodities, including natural gas and aluminum, with some believing that gold may soon experience a rally as well. Rob McEwen and David Garofalo, former Goldcorp Inc. chiefs, expect investors to realize soon that international inflationary pressures are more intense and less transitory than consumer price indexes and central bankers suggest.

Once investors do so, Garofalo expects that the inflation-protection appeal of gold will cause the precious metal’s price to move from its current $1,800 per ounce price to about $3,000 per ounce…

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MiningNewsBreaks – Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR), Consolidated Uranium Inc. (TSX.V: CUR) (OTCQB: CURUF) Complete Acquisition and Strategic Alliance

October 28, 2021

October 28, 2021 13:55:49

Energy Fuels (NYSE American: UUUU) (TSX: EFR), a leading U.S.-based uranium mining company, and Consolidated Uranium (TSX.V: CUR) (OTCQB: CURUF) have closed a previously announced acquisition. In July 2021, the two companies announced plans for Consolidated Uranium to acquire a portfolio of UUUU’s conventional uranium projects located in Utah and Colorado as well as enter into toll-milling, operating and investor rights agreements in connection to the acquired project. The projects included in the transaction include the Tony M Mine, located in the Henry Mountains area of southeastern Utah; the Daneros Mine, located in the White Canyon District; and the Rim Mine, located in the East Canyon portion of the Uravan Mineral Belt. According to the announcement, the completion of the acquisition signals CUR’s commitment to becoming a new player in the U.S. uranium sector. With the history of these projects — the mines have produced more than 1 million pounds of uranium over the past 15 years — Consolidated Uranium looks to be a strong presence in the United States, which is the largest generator of nuclear power in the world as well as the largest consumer of uranium. In addition, CUR named Mark Chalmers, Energy Fuels president and CEO as a new member of its board of directors. “We are pleased to partner with Consolidated Uranium in unlocking the value of these significant U.S. uranium assets,” said Chalmers in the press release. “Energy Fuels will continue to focus on our core, low-cost uranium projects — the Nichols Ranch and Alta Mesa ISR facilities, and the Pinyon Plain, La Sal and other conventional properties — in addition to our quickly emerging rare earth business at the White Mesa Mill. We have long believed that markets have not properly valued these mines and properties within our asset portfolio. We look forward to working with Phil and his team to advance these projects in the near term, while also providing our shareholders with an opportunity to enjoy significant exposure to the future share price performance of CUR.”

To view the full press release, visit https://ibn.fm/NV4pw

About Energy Fuels Inc.

Energy Fuels is a leading U.S.-based uranium mining company, supplying U3O8 to major nuclear utilities. Energy Fuels also produces vanadium from certain of its projects, as market conditions warrant, and is ramping up to commercial production of rare earth carbonate in 2021. Its corporate offices are in Lakewood, Colorado, near Denver, and all of its assets and employees are in the United States. Energy Fuels holds three of America’s key uranium production centers: the White Mesa Mill in Utah, the Nichols Ranch ISR Project in Wyoming, and the Alta Mesa ISR Project in Texas. The White Mesa Mill is the only conventional uranium mill operating in the U.S. today, has a licensed capacity of over 8 million pounds of U3O8 per year, has the ability to produce vanadium when market conditions warrant, as well as rare earth carbonate from various uranium-bearing ores. The Nichols Ranch ISR Project is on standby and has a licensed capacity of 2 million pounds of U3O8 per year. The Alta Mesa ISR Project is also on standby and has a licensed capacity of 1.5 million pounds of U3O8 per year. In addition to these production facilities, Energy Fuels also has one of the largest NI 43-101 compliant uranium resource portfolios in the U.S. and several uranium and uranium/vanadium mining projects on standby and in various stages of permitting and development. For more information, visit the company’s website at www.EnergyFuels.com.

NOTE TO INVESTORS: The latest news and updates relating to UUUU are available in the company’s newsroom at http://ibn.fm/UUUU

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Huawei Lands Major Energy-Storage Contract in Saudi Arabia

October 27, 2021

October 27, 2021 13:50:19

Last week, Huawei entered into a contract with SEPCOIII for an energy-storage project. SEPCOIII is a power plant operator and a construction and engineering companys that operates in China. The battery-energy storage project, which has been dubbed the Red Sea Project, is considered to be a major project in Saudi Arabia’s vision 2030 initiative. The project has SEPCOIII handling EPC services and playing the role of general contractor. It was developed by ACWA Power.

The country’s 2030 initiative features a smart city that will be known as Neom and will be situated on the coast of the Red Sea, in the northwestern region of Saudi Arabia…

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StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Acquires Bear Head Gold Project Along Meen-Dempster Greenstone Belt; Property Offers Promising Drilling History

October 27, 2021

October 27, 2021 11:47:11

StraightUp has incorporated Bear Head Gold Project into its cache of properties, which already include RLX North & South Projects, Belanger Project, and the Ferdinand Gold Project
The Meen-Dempster Greenstone Belt produced the Golden Patricia, a lucrative mine with rich drilling history
Bear Head Gold Project historical drilling in 1989 yielded 11.09 g/t Au over 1.79m, 3.98 g/t Au over 2.3m, and 3.08 g/t Au over 2.5m, associated with iron formation and silicified mafic volcanos
Acquisition of West Cat Mine in the state of Nevada and offers the company expansion opportunities into new areas of exploration

Canada-based mineral exploration and mining property acquisition company StraightUp Resources (CSE: ST) (OTCQB: STUPF) recently acquired the Bear Head Gold Project, comprising 31 mining claims that total 1,944 hectares, located within the Meen-Dempster Greenstone Belt in Western Ontario The belt has a rich drilling history and is famously known for the Golden Patricia, a former gold mine responsible for producing 620,000 ounces of gold, averaging a grade of 15.2 g/t Au, from 1988 to 1997 (https://ibn.fm/1JF90). This project lies proximal to the Bear Head Deformation Zone (“BHDZ”) – a first-order crustal-scale regional fault system extending over 2km wide that extends over 400km from the… Read More>> NOTE TO INVESTORS: The latest news and updates relating to ST are available in the company’s newsroom at https://ibn.fm/STR About MiningNewsWire MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge. To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only) For more information, please visit https://www.MiningNewsWire.com Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer MiningNewsWire Los Angeles, California www.MiningNewsWire.com 310.299.1717 Office [email protected] MiningNewsWire is part of the InvestorBrandNetwork.

MiningNewsBreaks – Society of Economic Geologists Provides Overview of Saxony’s Mining History, an Area of Focus for Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2)

October 27, 2021

October 27, 2021 09:13:13

The Society of Economic Geologists (“SEG”) Student Chapter from the Freiberg’s University of Mining & Technology, one of the world’s oldest and most traditional mining-focused universities, recently carried out an overview of Germany’s Freiberg and the re-emergence of mining exploration within the area. Located within the Saxony region, the town of Freiberg has a long and storied mining history dating back to 1168 AD, when the first silver ore was found in the surrounding areas to the town. By the 16th Century, mining in the Erzebirge, or ‘Ore’ Mountains, had turned Saxony into one of Europe’s wealthiest kingdoms.

Today, nearly 1,250 miles of mine tunnels zigzag through the hard stone beneath the town of Freiberg and surrounding areas. Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) has multiple exploration licenses related to the 34,150-hectare Silver City Project in Saxony, Germany. Boasting a mining history which ran nearly continuously from the 11th to late-19th century, initial drilling results carried out by the company confirmed the presence of a high-grade, district-scale epithermal silver system running throughout the project site.

To view the full video segment, visit https://ibn.fm/L7G4s

About Excellon Resources Inc.

Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) is a silver and base metals producer with precious metal exploration and development projects in Mexico, Idaho and Germany. The Company is advancing a precious metals growth pipeline that includes: Platosa, Mexico’s highest-grade silver mine since production commenced in 2005; Kilgore, a high-quality advanced exploration gold project in Idaho with strong economics and significant growth and discovery potential; and an option on Silver City, a high-grade epithermal silver district in Saxony, Germany with 750 years of mining history and no modern exploration. For more information, visit the company’s website at www.ExcellonResources.com.

NOTE TO INVESTORS: The latest news and updates relating to EXN are available in the company’s newsroom at https://ibn.fm/EXN

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MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Scientists Suggest More Eco-Friendly Gold Extraction Process

October 26, 2021

October 26, 2021 13:05:15

Scientists from the Aalto University in Finland recently published a study in which they describe a new, nontoxic and scalable way to extract gold from metal ore. Their study was published in the “Chemical Engineering” journal.

This new method uses chloride, which is one of a major pair of elements in table salt…

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MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) (OTCQB: STUPF) Enters ROE with Premier Silver Corp.

October 26, 2021

October 26, 2021 12:42:24

StraightUp Resources (CSE: ST) (OTCQB: STUPF) today announced its entry into a right of exclusivity agreement (“ROE”) with Premier Silver Corp. (“Premier” or “PSC”). According to the update, the ROE provides that StraightUp and Premier will exclusively negotiate an agreement for a period of 60 days, whereby StraightUp will acquire all of the outstanding shares of Premier from the current shareholders. Premier was formed by a group with a combined 100-plus years of experience in the junior mining industry, raising in excess of $700 million in capital and creating more than $1 billion in shareholder value. PSC, in 2020, concluded commercial discussions with Buenaventura Mining Company Inc. (NYSE: BVN) and completed the acquisition of one of the largest silver mining land packages in Peru with over US$120 million in capitalised expenditures: the Mallay Mine & Processing Plant and associated exploration and development assets. “Mallay has been developed, capitalised and permitted by a multibillion-dollar, globally recognised mining company in Buenaventura (NYSE: BVN), a company that adheres to the highest of industry standards. The opportunity to acquire such an asset that provides this level of depth in optionality, as the market begins to aggressively search for projects quick to cash flow with district scale mineral discoveries in a recognised silver district, puts Premier Silver in a unique position to provide the market leveraged exposure to the silver industry. This demand has been demonstrated in Premier Silver raising in excess of $10 million in private funding to date,” said Duncan Gordon, founder and chairman of Premier Silver Corp. “I look forward to continuing our discussions with StraightUp in progressing due diligence and potential corporate transactions.”

To view the full press release, visit https://ibn.fm/rX77c

About StraightUp Resources Inc.

StraightUp is engaged in the business of mineral exploration and the acquisition of mineral property assets in Canada and the U.S. Its objective is to locate and develop economic, precious and base metal properties of merit. StraightUp intends to conduct exploration on the RLX North, RLX South, Belanger and Ferdinand Gold Project, all located in the Red Lake Mining Division, as well as the recently acquired Bear Head Gold Project, located within the Meen-Dempster Greenstone Belt of the Uchi Subprovince, approximately 80 kilometers west of the Pickle Lake Gold Camp. The company’s recently acquired West Cat Mine includes an unpatented mining claim on federal land, located in the historic Beatty Mountain Nevada Mining District/Nye County, Nevada, about 15 kilometers east of U.S. Route 95, approximately 20 kilometers from Beatty, Nevada, at the base of the Bare Mountain Range. For more information, visit www.StraightUpResources.com.

NOTE TO INVESTORS: The latest news and updates relating to ST are available in the company’s newsroom at https://ibn.fm/STR

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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MiningNewsBreaks – Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Announces High-Grade Mineralization Results at Platosa

October 26, 2021

October 26, 2021 10:47:04

Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) today announced results from underground drilling at the Platosa Mine in Durango, Mexico. Among the highlights, the company reported high-grade results from the 623, NE-1, NE-1S and Pierna mantos, with diamond drilling results from underground. According to the update, underground drilling continues to define and delineate mineralization to support mine planning, and follow-up drilling on vertical zone intersected in hole EX21UG690 is underway with assays pending. “Drilling at Platosa continues to define and extend high-grade mineralization ahead of production,” said VP of Exploration Jorge Ortega in the news release. “We continue to focus on infill drilling to support planning for upcoming and future production, as well as testing the recently discovered high-grade zone — the 817 zone — below manto 623. We have now drilled an additional 20 holes on the 817 zone with assays pending. This zone appears to have a vertical orientation and has the potential to open up a more vertical dimension to the deposit.”

To view the full press release, visit https://ibn.fm/IqTSJ

About Excellon Resources Inc.

NOTE TO INVESTORS: The latest news and updates relating to EXN are available in the company’s newsroom at https://ibn.fm/EXN

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Uranium Exchange-Traded Funds Enjoying Price Rally

October 25, 2021

October 25, 2021 10:35:04

Last week, the Global X Uranium ETF and the NorthShore Global Uranium Mining ETF stocks increased by 11.6% and 13.5% respectively, delivering new gains to investors. The rally for these exchange-traded funds focused on uranium occurred after investors injected more than $1 billion into the funds earlier in the year as many expected a resurgence in the demand for nuclear power. The surge puts an end to October’s unsteady start for both exchange-traded funds, which had been impacted by the increasing prices of fossil fuels.

The growing interest in nuclear power has been facilitated by the worsening power shortages, the race to reduce carbon dioxide emissions and the decarbonization of various industries around the globe…

NOTE TO INVESTORS: The latest news and updates relating to Energy Fuels Inc. (NYSE American: UUUU) (TSX: EFR) are available in the company’s newsroom at http://ibn.fm/UUUU

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Sodium-Ion Battery Systems Could Free Up Lithium for EVs

October 22, 2021

October 22, 2021 12:35:45

Since 2013, we’ve seen a significant growth in the use of li-ion batteries in the stationary storage market, and lithium-based technologies make up more than one-half of all installations annually. The main factors that have allowed the metal to dominate the storage market include its flexible performance, wide availability and low cost.

Other technologies that have tried to compete with the metal have found it hard to match these factors…

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Excellon Resources Inc. (NYSE American: EXN) (TSX: EXN) (FSE: E4X2) Set to Partake in the Predicted Commodity Supercycle

October 22, 2021

October 22, 2021 12:08:49

An estimated $173 trillion in energy supply and infrastructure investment is needed over the next 3 decades to facilitate the transition towards electric vehicles and renewable energy sources
The energy transition is set to drive the next commodity supercycle; however, commodity supply growth has thus far been slow to catch up to rampant demand
Only a single, dedicated silver mine commenced production in 2019, the last uninterrupted production year prior to the onset of the pandemic
Through its diversified resource base and robust production profile, Excellon Resources has positioned itself well within the metal markets

The ongoing, era-defining shift from fossil fuels to clean energy is set to deliver an unprecedented boom for commodities, as a range of materials become essential to facilitate the delivery of emissions-free power, transportation and heavy industry. According to research provider BloombergNEF, the transition will require as much as $173 trillion in energy supply and infrastructure investment over the next three decades, with its effects reverberating through mining centres across the world (https://ibn.fm/ungtB). Excellon Resources (NYSE American: EXN) (TSX: EXN) (FSE: E4X2), a silver and base metals producer with precious metal projects in Mexico, Idaho and Germany, is aptly positioned to capitalize on this predicted commodity boom. As electric vehicles replace internal combustion engines, and solar panels and wind turbines supplant coal and oil as the world’s most common energy sources, silver finds itself on the brink of rapidly accelerating… Read More>> NOTE TO INVESTORS: The latest news and updates relating to EXN are available in the company’s newsroom at https://ibn.fm/EXN About MiningNewsWire MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge. To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only) For more information, please visit https://www.MiningNewsWire.com Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer MiningNewsWire Los Angeles, California www.MiningNewsWire.com 310.299.1717 Office [email protected] MiningNewsWire is part of the InvestorBrandNetwork.

StraightUp Resources Inc. (CSE: ST) Gold Exploration Expansion Rides Wave of Inflationary Concerns

October 21, 2021 12:01:52

Market analysts and investors are preparing for inflation to reach high levels as a result of COVID-19 pressures, although key financial policy managers expect inflation pressures to be temporary
Analysts are also observing the 50th anniversary of the end of the gold standard in the United States with reports that offer mixed views on gold’s ability to hedge against inflation in the short term, but its proven success for long-term prospects
Amid the uncertainty in preparing for the coming years’ economic trends, mineral property acquisition company StraightUp Resources is building asset classes such as gold in high-value regions
The company has acquired options to four sites in the well-known greenstone belt surrounding Ontario’s Red Lake Mining District and in Nevada’s famed Bullfrog boom zone

Fifty years after President Richard Nixon ended the U.S. dollar’s convertibility into gold, financial analysts have been weighing in on the gold standard’s end and the results of using gold as a hedge against inflation during the years since (https://ibn.fm/TAT6w). In the wake of briefly devastating economic conditions resulting from the COVID-19 pandemic, many investors have been concerned about the prospect of ‘high’ inflation arising now from tight supply lines and massive government debt on a global scale, according to varied news reports including a recent Reuters overview (https://ibn.fm/j80xD). A quick Google search shows analysts are largely in agreement that gold and changes in the U.S. consumer price index (“CPI”) have not followed a linearly parallel path during the past five decades, suggesting that gold has not been the ultimate short-term fix for… Read More>> NOTE TO INVESTORS: The latest news and updates relating to ST are available in the company’s newsroom at https://ibn.fm/STR About MiningNewsWire MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via NetworkWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge. To receive SMS text alerts from MiningNewsWire, text “BigHole” to 21000 (U.S. Mobile Phones Only) For more information, please visit https://www.MiningNewsWire.com Please see full terms of use and disclaimers on the MiningNewsWire website applicable to all content provided by MNW, wherever published or re-published: https://www.MiningNewsWire.com/Disclaimer MiningNewsWire Los Angeles, California www.MiningNewsWire.com 310.299.1717 Office [email protected] MiningNewsWire is part of the InvestorBrandNetwork.

MiningNewsBreaks – Asia Broadband Inc. (AABB) Enters Joint Venture Agreement for Producing Tequila Gold Mine Project

October 21, 2021 11:59:31

Asia Broadband (OTC: AABB) today announced its entry into a definitive joint venture agreement to secure a 75% interest in the Tequila Gold Mine Project and 100% of the current and future gold production from the property. According to the update, the company came to terms with owner Juan Enrique Michel Arambula Y Socios for the 66.6792-hectare concession # 219165, La Guadalupe, located approximately 70 kilometers north of Guadalajara near the town San Martin de las Canas in the municipality of Tequila, Jalisco, Mexico. In addition, negotiations are ongoing to add concessions to the Tequila Project joint venture. The Tequila property is currently producing gold, silver and base metals from its 25 ton-per-day processing facility, and efforts are underway to significantly increase daily production capacity with a mill facilities expansion installation in the first quarter of 2022. AABB will continue the previous exploration and drilling program, done by a Canadian mining company, that revealed multiple high-grade potential gold and silver mineralization veins. The additional development work on the property will facilitate completion of a professional geological resource assessment report as well as further define the scope of the joint venture’s capital budget.

To view the full press release, visit https://ibn.fm/CSrlh

About Asia Broadband Inc.

Asia Broadband is a resource company focused on the production, supply and sale of precious and base metals, primarily to Asian markets. The company utilizes its specific geographic expertise, experience and extensive industry contacts to facilitate its innovative distribution process from the production and supply of precious and base metals in Mexico to client sales networks in Asia. This vertical integration approach to sales transactions is the unique strength of AABB that differentiates the company and creates distinctive value for shareholders. The company has recently released its freshly minted mine-to-token, gold-backed cryptocurrency AABB Gold token (“AABBG”) and strives to become a worldwide standard of exchange that is secured and trusted with gold backing, an outstanding quality relative to other cryptocurrencies. For more information, visit www.AsiaBroadbandInc.com and www.AABBGoldToken.com.

NOTE TO INVESTORS: The latest news and updates relating to AABB are available in the company’s newsroom at https://ibn.fm/AABB

About MiningNewsWire

MiningNewsWire (MNW) is a specialized communications platform focused on developments and opportunities in the global resources sector. The company provides (1) access to a network of wire services via InvestorWire to reach all target markets, industries and demographics in the most effective manner possible, (2) article and editorial syndication to 5,000+ news outlets (3), enhanced press release services to ensure maximum impact, (4) social media distribution via the Investor Brand Network (IBN) to nearly 2 million followers, and (5) a full array of corporate communications solutions. As a multifaceted organization with an extensive team of contributing journalists and writers, MNW is uniquely positioned to best serve private and public companies that desire to reach a wide audience of investors, consumers, journalists and the general public. By cutting through the overload of information in today’s market, MNW brings its clients unparalleled visibility, recognition and brand awareness. MNW is where news, content and information converge.

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Sen. Cruz Introduces Legislation Targeting Illicit Mining, Trading of Precious Metals

October 21, 2021 10:50:28

Last week, Senators Marco Rubio, Thom Tillis and Ted Cruz introduced a bill to suspend illegal mining and trafficking of gold and other precious metals, which are often used to finance rogue regimes and terrorist groups. This legislation empowers the United States to take action against entities that are complicit in not only extracting these resources but also selling them illegally.

Cruz, who is a member of the Senate Foreign Relations Committee, first introduced this legislation in 2019, but it did not advance…

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MiningNewsBreaks – StraightUp Resources Inc. (CSE: ST) Acquires Historically Productive Mine in Nevada’s Bullfrog Boom Zone