Thursday, May 16

Author: Cloud PR Wire

Press Release

Atlantic Lithium making excellent progress towards shovel readiness

–News Direct– Atlantic Lithium Ltd (AIM:ALL, OTCQX:ALLIF, ASX:A11) CEO Keith Muller tells Proactive electricity costs are coming down at its Ewoyaa Lithium Project in Ghana, thanks to a bulk customer permit that is one of several recent developments in preparation for initial production within two years. As well as hiring three general managers to oversee local operations, commercial & finance and HR as the company moves from explorer to developer, Muller says talks are at an advanced stage over awarding the engineering, procurement, construction and management (EPCM) contract for the main processing plant and all non-processing infrastructure. Following the grant of the Mining Lease in October 2023, we are now firmly on the path towards building Ewoyaa as Ghanas first lithium min...
Press Release

Race Oncology appoints Dr Daniel Tillett as CEO

–News Direct– Race Oncology Ltd (ASX:RAC) executive director Pete Smith speaks with Proactive alongside the companys recently appointed CEO – 25-year veteran of the biotech space, Dr Daniel Tillett. In this pivotal role, Dr Tillett will work closely with Dr Smith to steer the company's strategic, clinical and commercialisation efforts, with a primary focus on advancing bisantrene. Dr Tillett is already well acquainted with the cancer-targeting biotech firm. From September 2019 to March 2023, he served as Race's chief scientific officer and executive director, playing a crucial role in the company's growth and development. After this initial tenure, he continued to contribute to Race in a consultancy capacity. My priority in stepping in as CEO is to ensure the clini...
Press Release

Great Boulder Resources prepares gold development path

–News Direct– Great Boulder Resources Ltd (ASX:GBR) MD Andrew Paterson speaks with Proactive after announcing the company has received binding commitments to raise $4.5 million before costs in a placement offering shares at $0.05 per share. The placement received strong support from existing major shareholders Zebina Minerals and Lion Selection Group, and was cornerstoned by institutional investor Collins St Asset Management, which subscribed for 41 million new shares in return for $2.05 million. Paterson said: This successful capital raise in difficult market conditions is a strong validation of the Side Well Project, the Great Boulder team and the current strategy in place to maximise shareholder value. Following our first drilling program in August 2020, Side Well now has a high-grade ...
Press Release

Carnavale Resources back resource drilling at McTavish East

–News Direct– Carnavale Resources Ltd (ASX:CAV) MD Humphrey Hale tells Proactive the company has started further resource drilling at Kookynie Gold Projects McTavish East prospect as it targets a shallow, maiden JORC 2012-compliant mineral resource estimate (MRE) early next year. The 36-hole, 4,200-metre reverse circulation (RC) program is following up extensional high-grade gold results from recent RC drilling in fresh rock that identified high-grade gold shoots. With this round of drilling, we are targeting the achievement of a maiden resource early in 2024 that will support mining studies," Hale said. "We are confident this drilling will show increased continuity of the high-grade shoots and add ounces. Contact Details Proactive Investors Jonathan Jackson +61 413 713 7...
Press Release

Northstar Gold announces strong assay results from three drill holes at Miller gold property

–News Direct– Northstar Gold Corp CEO Brian Fowler joined Steve Darling from Proactive to discuss the promising results from the last three Phase I diamond drill holes at the Cam Copper Mine, located within the Miller Copper-Gold Property in Ontario. Fowler reported that Northstar completed 720 meters of drilling across four diamond drill holes. Each of these holes intersected lenses of copper-rich volcanogenic massive sulphides (VMS). Notably, drill hole CC03-23 yielded high-grade copper, grading 14.8% Cu over a 2.45-meter span from 116.55 to 119 meters within Zone 2, as illustrated in the provided photos. This particular find is considered significant as it represents an increase in the thickness of Zone 2 and suggests the potential for expansion down-plunge to the southeast. Additi...
Press Release

Tech Megatrend update: CEO Anthony Ginsberg reveals surprising growth and global convergence

–News Direct– Anthony Ginsberg, CEO of GinsGlobal Index Funds, provided an update on the Tech Megatrend ETF in an interview with Steve Darling from Proactive. With the Federal Reserve pausing and expectations of lower rates, the Tech Megatrend ETF has seen a remarkable 11% increase in November, reaching close to a 30% gain year-to-date. Ginsberg highlighted the global convergence of tech megatrends, encompassing cybersecurity, cloud robotics, AI, and blockchain. Notably, AI's projected $2 trillion in new revenues over the next few years is boosting sectors like cloud, gaming, and social media. The equal-weighted approach of the MegaTrend ETF, covering eight sub-themes with biannual rebalancing, has proven successful in avoiding over-reliance on specific winners. The interview al...
Press Release

Missed The Boat on Bitcoin and Dogecoin? Time to Bet on a New Crypto Projects

–News Direct– Thinking back to the early days of Dogecoin and Bitcoin, it's common to wish you had invested sooner. This feeling, known as FOMO, kicks in, especially when new cryptocurrencies appear. If you are one of these and searching for the best altcoins to buy now, you might want to learn about Galaxy Fox ($GFOX). a new meme coin promising 1000x growth and massive ROI for the earliest backers. So, what is $GFOX? Galaxy Fox Overview It's not easy to succeed in the crypto market as a meme coin. Many people look at you like a joke, fun, hype-based crypto that will cease once the trend ends. So, Galaxy Fox has started to take its job more seriously, building a vast, utility-rich ecosystem without sacrificing its fun part. Overall, $GFOX is a play-to-earn meme coin that c...
Press Release

Kootenay Silver’s latest three drill results show some of the best ever on the Columba Project in Mexico

–News Direct– Kootenay Silver CEO Jim McDonald joined Steve Darling from Proactive to discuss the recent bonanza-grade findings from the ongoing drilling at the Columba Silver Project in Mexico. The company reported results from three additional holes, which are part of a larger 12-15 hole drilling program. This program is aimed at expanding the known mineralization within the "D Vein" target area at Columba. McDonald conveyed to Proactive that the widths and grades encountered at the D Vein have been highly promising, bolstering the companys confidence in the areas potential for a significant silver resource. Notable results from the drilling included a 29-meter core length with an average of 208 grams per tonne (g/t) silver, 0.21% lead, and 0.46% zinc, found 250 mete...
Press Release

Olympio Metals underway at Walloway Prospect

–News Direct– Olympio Metals Managing Director Sean Delaney speaks to Thomas Warner from Proactive London after the ASX-listed critical mineral exploration company announced the start of its maiden drilling program at the 100% owned Walloway Prospect in South Australia. The drilling is designed to test several high priority magnetic carbonatite targets defined in a recent detailed aeromagnetic survey, and Delaney says the team is now hard at work using air core rig "just basically punching some holes into each one of those targets just to narrow down the focus on where we should progress to perhaps deeper drilling." Delaney goes on to give an overview about work at the company's Cadillac Project in Quebec, where a "significant-sized pegmatite" has b...
Press Release

Cyclone Metals on track to hit operational milestones at Block 103

–News Direct– Cyclone Metals Ltd (ASX:CLE) CEO Paul Berend tells Proactive the company has reduced total project development time by more than a year for the Block 103 Magnetite Iron Ore Project in Canada, after successfully completing winter field operations and discovering more than 15 tonnes of additional sediment cores for metallurgical testing. The company has logged, selected and packaged some 10 tonnes of these cores to ship to a metallurgical laboratory in Quebec City, enough to complete the company's metallurgical test work program until the end of 2024. In spite of the challenging logistics and the extreme weather conditions, we have been able to operate in Schefferville successfully thanks to the active support of the local contractors and people, Berend said. We have b...