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Press Release

Steppe Gold announces 40 million dollars drawdown for Phase 2 expansion at ATO Gold Mine

–News Direct– Steppe Gold Chief Financial Officer Jeremy South joined Steve Darling from Proactive to announce a significant financing milestone for the Phase 2 Expansion at the ATO Gold Mine, which is 100% owned by the company. This milestone aligns with further progress on the turnkey engineering, procurement, and construction contract, as well as the second project finance drawdown of $40.4 million. South explained to Proactive that Steppe Gold has successfully reached the next financing milestone by making its second payment of US$37 million towards the Phase 2 Expansion. This payment will cover the procurement of major long lead items, mobilization costs, early construction works, and foundational work. The purchased items include flotation cells, grinding mills, cluster cyclones, t...
Press Release

Silver Tiger Metals: Advancing the El Tigre Project Towards Production

–News Direct– Silver Tiger Metals CEO Glenn Jessome joined Steve Darling from Proactive to provide further details about the company's active development of its mining projects in Mexico, particularly focusing on the El Tigre project located in Sonora. With over 30 years of experience in the mining industry and concentrated efforts on the 30,000-hectare El Tigre project since 2017-2018, Silver Tiger Metals has achieved significant milestones. According to Jessome, Silver Tiger Metals has made substantial investments totaling over CAD 100 million, including CAD 75 million raised during challenging market conditions over the past few years. This investment has enabled the company to conduct extensive exploration, with over 125,000 meters drilled. The culmination of this exploration...
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Greenwave Technology Solutions Could Be Emerging As Recycling Leader By Increasing Metal Processing Capabilities In Eastern U.S.

–News Direct– By Meg Flippin, Benzinga Somebodys garbage is another persons treasure couldnt be truer when it comes to recycling steel. Unlike plastics and other materials, steel can be melted and recast over and over to be made into new things. It could be the chassis of a vehicle one day and melded into beams for a skyrise the next. Using recycled steel instead of new material can cut related CO2 emissions by about 75% as it uses about 70% less energy than manufacturing new materials. As a result, its not surprising that recycled steel is in demand as the world moves toward a greener future. As it stands, two out of every three tons of steel produced come from recycling. In 1980 it was just one out of every ten tons produced. Recycled Metal Driving Growth It's also big busin...
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Torr Metals shares final positive soil sampling results at Kolos Project

–News Direct– Torr Metals CEO Malcolm Dorsey joined Steve Darling from Proactive to share exciting updates regarding the company's Kolos Project. Torr Metals has unveiled the final assay results from its 2023 soil sampling program conducted on the Kolos Project, situated just 23 kilometers north-northeast of Merritt, British Columbia, along Highway 5. Dorsey revealed to Proactive that the comprehensive analysis of a total of 3,348 soil samples, covering an expansive area of 48 square kilometers, has yielded promising results. The analysis has delineated five kilometer-scale mineralized zones within a potential cluster porphyry trend spanning 7 kilometers. Notably, each zone exhibits highly anomalous copper (Cu) concentrations, surpassing 200 parts per million (ppm) and reaching a...
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Silver North Resources shares busy 2024 drill campaign with Coeur Mining at Tim Property

–News Direct– Silver North Resources CEO Jason Weber joined Steve Darling from Proactive to unveil the 2024 drilling program at the Tim Property, which is under option to Coeur Mining, Inc. Coeur intends to commence exploration on the property in June, targeting silver-lead-zinc Carbonate Replacement Deposit (CRD) mineralization similar to that found at Coeurs Silvertip Mine Property, located 19 km to the south of Tim. Coeur plans to initiate the 2024 program in June, focusing on drilling, geochemical sampling, and drill pad and access development, with crews operating out of the Silvertip Mine Camp. The program aims to complete approximately 2,000 meters of drilling from up to six drill pads, testing the potential for CRD-style mineralization along almost 2,000 meters of strike length o...
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MTB Metals Advances Porphyry Copper-Gold Exploration in BC’s Golden Triangle

–News Direct– MTB Metals CEO Lawrence Roulston joined Steve Darling from Proactive to share news about the company advances its exploration projects in the Golden Triangle of British Columbia, covering nearly 600 square kilometres across six distinct projects. The company's primary focus is on the Telegraph project, a porphyry copper-gold prospect located near four other world-class porphyries with identical geology. Roulston told Proactive that during recent discussions at the PDAC conference and subsequent meetings, MTB Metals has attracted considerable interest from major mining companies for potential joint ventures or strategic investments, particularly in the Telegraph project. This interest stems from the project's promising location and the substantial exploratio...
Press Release

Montage Gold Aims to Establish a Leading Gold Mining Company in Africa

–News Direct– Montage Gold Inc CEO Martino De Ciccio joined Steve Darling from Proactive to share exciting developments as the company strives to establish a multi-asset gold mining enterprise focused on Africa. Drawing on his nine-year tenure at Endeavor, De Ciccio's transition to Montage Gold reflects a strategic move to capitalize on the burgeoning opportunities within the gold mining sector, backed by support from London investors. Central to Montage Gold's strategy is its flagship project, the Kone project located in Cote d'Ivoire, which is currently at the DFS (Definitive Feasibility Study) stage. The project holds immense promise, with projections indicating annual production of over 300,000 ounces for the first eight years, at an industry-leading cost of $...
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Sierra Metals looking to build on success in 2023 for a very productive 2024

–News Direct– Sierra Metals CEO Ernesto Balarezo joined Steve Darling from Proactive to discuss the companys financial performance for the three months and full year ending December 31, 2023. Sierra Metals reported robust results, with revenue reaching $60.6 million for the fourth quarter, marking a notable increase of 58% compared to Q4 2022. Additionally, the company achieved an Adjusted EBITDA of $12.2 million and produced 21.1 million pounds of Copper equivalent, representing a substantial 78% increase from Q4 2022. Balarezo highlighted to Proactive that Sierra Metals aims to capitalize on its strong performance in 2023 by leveraging strategic initiatives and operational enhancements. With the Level 1120 permit now secured at Yauricocha, the company anticipates ramping up production...
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NeuroOness Innovative Electrode Brain Monitoring Seeks To Provide Insights Into Neurological Disorders

–News Direct– by Meg Flippin, Benzinga When it comes to diseases of the brain, epilepsy is among the more common ones, affecting roughly 50 million people globally. This condition arises from various factors that disrupt normal brain activity, such as strokes, brain tumors, traumatic brain injuries, and infections of the central nervous system, with the annual cost of managing epilepsy approximately $28 billion. Current treatments, despite the availability of over 20 antiepileptic drugs (AEDs), fall short of effectively managing the condition for all patients. Approximately 36% of individuals with epilepsy experience uncontrolled seizures, which could have a significant impact on their quality of life and mortality. For many, the only solution is surgery. Better Outcomes With Electrod...
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Pantheon Resources Eyes Resource Upgrade and Financing Developments

–News Direct– Pantheon Resource CEO Jay Cheatham and Justin Hondris, Head of Finance and Corporate Development joined Steve Darling from Proactive to detail their financial and operational status, along with upcoming projects and collaborations. The company's General and Administrative expenses rose slightly to $4 million, reflecting its growth trajectory, and reported a loss of $5.7 million. However, they have a robust cash balance of $8.7 million. An anticipated update from an independent expert report by Netherland, Sewell and Associates is expected to significantly upgrade the resource estimates for the Kodiak project, particularly noting improved reservoir properties due to its shallower depth. This enhancement stems from recent acquisitions in a lease sale, promising bette...