Author: Cloud PR Wire

–News Direct– First Phosphate Corp CEO John Passalacqua joined Steve Darling from Proactive to discuss the successful transformation of the company's apatite concentrate into high-quality Merchant Grade Phosphoric Acid (MGPA) through the Central Prayon Process. Passalacqua shared the details of the milestone achievement, highlighting the company's accomplishment in producing a high-grade apatite concentrate with approximately 40.6% P2O5 content. He also emphasized the low impurity levels, particularly the low chlorine content, making the concentrate well-suited for further processing into high-purity phosphoric acid. The company sent a 900-kilogram sample of its apatite concentrate, produced at the First Phosphate pilot plant facilities in Qubec, to the Prayon Technolog...

–News Direct– Gamelancer Media Corp CEO Jon Dwyer joined Steve Darling from Proactive to share significant developments that the company has recently undertaken. Dwyer announced the establishment of a US board of advisors comprising individuals with extensive backgrounds in media and tech-media finance. Additionally, he revealed the company's plan to establish its first US office, located in New York City. Dwyer elaborated on the new members of the board of advisors, which includes accomplished individuals from various sectors within the media and finance industries. The lineup features Ed Wilson, former President of Fox Media; John Osborn, former CEO of BBDO and Omnicom Media US; Aaron Reitkopf, Senior Advisor on Open Architecture at Interpublic Group; Lance Klima, who has hel...

–News Direct– Astral Resources NL (ASX:AAR) MD Marc Ducler speaks with Proactive soon after delivering exceptionally high-grade assay results from reverse circulation (RC) drilling – including 2 metres at 187.7 g/t gold within a 4-metre intercept at 94.84 g/t from 77 metres – at its Feysville Gold Project in Western Australia. Feysville already hosts a mineral resource estimate (MRE) of 3 million tonnes at 1.3 g/t for 116,000 ounces of contained gold at its Think Big deposit, providing a foundation for Feysville to become a source of satellite ore feed to a future operation based on the companys flagship Mandilla Gold Project. Results from the first two holes of the eight-hole RC program at Feysvilles Kamperman prospect further strengthen the potential of Feysville. Ducler said: This is a...

–News Direct– TRU Precious Metals CEO Joel Freudman joined Steve Darling from Proactive to share details about the successful closure of a $3 million dollar non-brokered private placement with a wholly-owned subsidiary of Ormonde Mining Plc. Freudman highlighted that Ormonde Mining Plc is a natural resources company led by an experienced team with diverse expertise in areas such as base and precious metals, investment banking, and advisory services. The completion of this private placement marks a pivotal moment for TRU Precious Metals, as it establishes a strong partnership with Ormonde. According to Freudman, this deal represents a transformative opportunity for TRU Precious Metals. With the investment from Ormonde, the company has gained a significant partner and shareholder, making...

–News Direct– Rainbow Rare Earths Limited CEO George Bennett joined Steve Darling from Proactive to share news that the front end of the Phalaborwa pilot plant in South Africa has successfully produced its first batch of mixed rare earth sulphate, totaling approximately 3 kg. ennett highlighted that this milestone was achieved on time and met the expectations outlined in the Preliminary Economic Assessment. Specifically, the reagent consumption/costs and recoveries aligned with the projections of the PEA. The front-end pilot plant's achievement involved the production of a 58% mixed rare earth sulphate product with an overall recovery of around 65%, in line with what was anticipated in the PEA. This mixed rare earth sulphate product includes all four of the most economically im...

–News Direct– Wallbridge Mining CEO Marz Kord joined Steve Darling from Proactive to provide an update on the company's ongoing activities in the Grasset Gold Project, which is situated adjacent to the Fenelon Gold Project. Kord shared that Wallbridge Mining has initiated a phase-one drill program at Grasset Gold, encompassing approximately 5,000 meters of drilling. Kord emphasized the significance of the ongoing exploration efforts in the Grasset East Flexure area. He mentioned that the company has identified 11 high-priority gold targets in this region using airborne geophysics data. These targets represent opportunities for potential gold mineralization that have not yet been tested by drilling. Wallbridge Mining's focus on exploring the Grasset East Flexure area alig...

–News Direct– Green Technology Metals Ltd (ASX:GT1) CEO Luke Cox speaks with Proactive after announcing the company has signed an offtake agreement to supply LG Energy Solution with 25% of all spodumene concentrate produced from the Seymour Lithium Project for five years. The full-form offtake agreement follows an offtake term sheet and equity subscription agreement executed in May that saw LG Energy Solution invest $20 million and become Green Technology Metals second largest shareholder. LG Energy Solution is part of LG Group and is a global leader and innovator in EV battery manufacturing. This is the first lithium offtake agreement to be secured in Ontario, creating a strategic alignment within the province's critical minerals supply chain. The agreement delivers strategic ali...

–News Direct– Pegasus Resources' CEO Chris Timmins, joined Steve Darling from Proactive to provide an update on the company's plans for advancing its projects. Timmins revealed that Pegasus Resources is actively preparing for its inaugural drill program at the Pine Channel Uranium Property in the Athabasca Basin. This drill program represents a significant step forward for the company, as it aims to explore and potentially develop uranium resources in this prolific mining region. Additionally, the company is focused on returning to its Icefields projects located near Golden, British Columbia. In collaboration with Dahrouge Geological Consulting, Pegasus Resources plans to carry out a comprehensive mapping and sampling program. This program is designed to further enhanc...

–News Direct– Santacruz Silver Mining executive chairman and interim CEO Arturo Elizondo joined Steve Darling from Proactive to share significant financial updates. Elizondo announced the release of the company's second-quarter financial results, highlighting steady production figures from operations in Bolivia and Mexico. The company achieved a notable milestone by processing 443,969 tonnes of material during the quarter, marking an 8% increase from the first quarter. Moreover, for the first half of 2023, Santacruz Silver Mining successfully processed a total of 926,466 tonnes. Elizondo provided further insights into the company's production accomplishments, revealing that it produced 5,569,535 silver-equivalent ounces during the quarter, and an impressive 11,213,918 ...

–News Direct– Brightstar Resources Ltd (ASX:BTR) MD Alex Rovira talks Proactive through the positive findings of a scoping study for the 100%-owned Menzies and Laverton gold projects in Western Australia. Initial mine production will target approximately 5.28 million tonnes at 2 grams per tonne gold for 322,617 ounces over approximately eight years. He says the staged mine plan provides early cashflow from the Menzies Gold Project to organically fund the restart of the Laverton Gold Project. Total project pre-production capital has come in at approximately $22 million. It is pleasing to announce the results of our scoping study, which outlines a low-capital pathway to production from our assets, Rovira said. We have delineated four key deposits within our Menzies & Laverton gold p...