New Junior Uranium Miner Stock to Watch - Pegasus Resources (TSX-V: $PEGA.V) (OTCPK: $SLTFF) Samples 18.8% U308 at Energy Sands Utah; @pegasusresinc

New Junior Uranium Miner Stock to Watch - Pegasus Resources (TSX-V: $PEGA.V) (OTCPK: $SLTFF) Samples 18.8% U308 at Energy Sands Utah; @pegasusresinc

Vancouver, Canada - March 26, 2024 (Investorideas.com Newswire) Pegasus Resources Inc. (TSX-V:PEGA) (OTCPK:SLTFF) (Frankfurt:0QS0) (the "Company" or "Pegasus") proudly announces significant findings from its recent sampling program at the past-producing Energy Sands project in Utah. Out of 41 samples collected, 13 have demonstrated uranium (U3O8) grades exceeding 1%, with notable results, including sample ESRS24-016 returning 18.8% U3O8 and sample ESRS24-007 returning 3.5% U3O8.

 

Read this news, featuring PEGA in full at https://www.investorideas.com/news/2024/03261PEGA-Samples-Energy-Sands-Utah.asp

 

"The remarkable 18.8% U3O8 concentration in sample ESRS24-016 validates the high-grade uranium potential at our Energy Sands project in Utah," commented CEO Christian Timmins. "These results significantly enhance our confidence in the uranium mineralization of this asset, and this analysis will serve as a crucial guide for drill targeting and permit applications needed to take Energy Sands to drill-ready status."

 

During the 13-day program, Pegasus collected 41 grab samples using the RS-125 handheld spectrometer to locate areas of uranium mineralization. Notable samples were collected from mineralized outcrops, tailings, and historical mine workings. This completion of geological mapping and sampling is a vital step in advancing Pegasus' exploration efforts, providing valuable insights into the Energy Sands property's uranium and vanadium potential. The Company remains committed to leveraging this data for informed decision-making as it continues to pursue sustainable resource development.

 

Sample results for 13 samples with results above 1% U3O8 are included in Table 1 below. The remaining 28 samples are distributed into the following ranges.

• 0.5% - 1% U3O8 (4 samples)
• 0% to 0.5% U3O8 (24 samples)

 

Building on the success of the sampling program, Pegasus will now focus on finalizing drill targets and submitting applications to the Bureau of Land Management (BLM) for associated permits required for a proposed summer drill program. These proactive measures align with the Company's commitment to maximizing the value of its assets and further exploring the potential of the Energy Sands Uranium project.

Table 1: Significant Vanadium and Uranium Sample Assay Results

Figure 1: Uranium Field Sample Assay Results

Historical production on the Energy Sands Project reported by the United States Geological Survey indicates that 51.8 Tons with a grade of 0.373% U308 and 1.10% V2O5 was extracted between 1953 and 1956 (Byers & Robertson, 1956)

 

NI 43-101 Disclosure
The technical content of this news release has been reviewed and approved by Jacob Anderson, CPG, MAusIMM, who is a Resource Geologist for Dahrouge Geological Consulting USA Ltd., and a Qualified Person under National Instrument 43-101, who has prepared and/or reviewed the content of this press release.

 

Quality Assurance / Quality Control
During sampling two blank samples consisting of a quartz matrix were included among the samples submitted to Pace Analytical.

 

About Pegasus Resources Inc.
Pegasus Resources Inc. is a diversified Junior Canadian Mineral Exploration Company with a focus on uranium, gold, and base metal properties in North America. The Company is also actively pursuing the right opportunity in other resources to enhance shareholder value. For additional information, please visit the Company at www.pegasusresourcesinc.com.

 

On Behalf of the Board of Directors:

Christian Timmins
President, CEO and Director

Pegasus Resources Inc.
700 - 838 West Hastings Street
Vancouver, BC V6C 0A6
PH: 1-403-597-3410

X: https://twitter.com/MrChris_Timmins
X: https://twitter.com/pegasusresinc
E: info@pegasusresourcesinc.com

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.

 

Forward-Looking Statements
Statements included in this announcement, including statements concerning the Company's plans, intentions, and expectations, which are not historical in nature are intended to be, and are hereby identified as, "forward-looking statements." Forward-looking statements may be identified by words including "anticipates," "believes," "intends," "estimates," "expects" and similar expressions. The Company cautions readers that forward-looking statements, including without limitation those relating to the Company's future operations and business prospects, are subject to certain risks and uncertainties that could cause actual results to differ materially from those indicated in the forward-looking statements.

 

SOURCE: Pegasus Resources Inc.

 

Pegasus Resources Inc. (TSX-V:PEGA) (OTCPK:SLTFF) (Frankfurt:0QS0) is a featured mining stock on Investorideas.com

 

More info on PEGA at Investorideas.com Visit: https://www.investorideas.com/CO/PEGA/

 

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London Calling! LSE Listed Mining Stocks: (LSE: $ACG.L) (LSE: $ADT1.L) (LSE: $AFPL.L) (LSE: $ALBA.L)

London Calling! LSE Listed Mining Stocks: (LSE: $ACG.L) (LSE: $ADT1.L) (LSE: $AFPL.L) (LSE: $ALBA.L)

 

UK Listed Miners to Watch: (LSE: $UFO.L) (LSE: $ARK.L) (LSE: $ARS.L) (LSE: $ATYM.L)

 

 

 

 

March 25, 2024 – (Investorideas.com Newswire) Investorideas.com, a global news source and expert investing resource, announces today’s roundup of stocks to watch in the mining sector.

 

Read this in full at https://www.investorideas.com/news/2024/main/03251Stocks.asp

 

The newest mining companies are all LSE listed and have world-wide operations in a variety of metals including gold, silver, lithium, graphite and copper.

 

New Stocks Added to the Mining Directories:

ACG Acquisition Company Ltd (LSE:ACG) is a company with a vision to consolidate the critical metals industry. Through a series of roll-up acquisitions, ACG intends to become a premier supplier of critical metals to the western OEM supply chain, with best-in-class ESG and carbon footprint characteristics.

 

Adriatic Metals PLC (LSE:ADT1.L) is a precious and base metals explorer and developer that owns the world-class Vares silver project in Bosnia & Herzegovina and the Raska zinc deposit in Serbia.

 

African Pioneer PLC (LSE:AFPL) principal business is to explore opportunities within the natural resources sector in Sub-Saharan Africa, with a focus on base and precious metals including but not limited to copper, nickel, lead and zinc. The African Pioneer exploration licenses are located within the Southern African countries of Namibia, Botswana and Zambia.

 

Alba Mineral Resources PLC (LSE:ALBA) mineral exploration portfolio is comprised of gold, graphite and ilmenite projects in in northern Europe (the United Kingdom and Greenland). Our focus is on unearthing hidden value from previously drilled or mined projects.

 

Alien Metals Ltd (LSE:UFO) is a global minerals exploration and development company that will shortly make the transition to iron ore producer. The company was formed from Arian Silver in late 2018, retaining some of the companies more valuable Mexican projects before embarking on an acquisition led strategy, headed up by an excellent geological team and targeted entirely on Western Australia. The company now holds a collection of high quality projects within its portfolio, spearheaded by it’s Hancock DSO (direct shipping ore) iron ore project in which it has a 90% holding, through it’s 100% owned subsidiary the Iron Ore Company of Australia (IOCA). In addition to this, the IOCA portfolio consists of the Brockman (90%) and Vivash Gorge (100%) iron ore projects both surrounded by tier 1 tenements owned by major mining corporates such as Rio Tinto and FMG. Alien’s precious metals exposure comes from the Elizabeth Hill Silver mine (100%), historically Australia’s highest grade silver mine, it’s three Mexican projects of San Celso, Los Campos and Donovan 2, and it’s Munni Munni PGM project (100%). The acquisition of the Munni Munni tenement unified the Elizabeth Hill and Munni Munni projects into a single coherent tenement, under 100% ownership, for the first time in over 30 years.

 

Arkle Resources PLC (LSE:ARK.L) engages in the exploration and development of mineral resources in Ireland. The company primarily explores for gold, zinc, lead, and lithium deposits.

 

Asiamet Resources Ltd (LSE:ARS.L) is an emerging copper producer focused on the development of a portfolio of large copper, copper-gold and polymetallic deposits in Indonesia, adjacent to the key growth markets in Asia.

 

Atalaya Mining (LSE:ATYM.L) is an AIM-listed mining and development group which produces copper concentrates and silver by-product at its wholly owned Proyecto Riotinto site in southwest Spain. Atalaya's current operations include the Cerro Colorado open pit mine and a modern 15 Mtpa processing plant, which has the potential to become a centralised processing hub for ore sourced from its wholly owned regional projects around Riotinto that include Proyecto Masa Valverde and Proyecto Riotinto East. In addition, the Group has a phased earn-in agreement for up to 80% ownership of Proyecto Touro, a brownfield copper project in the northwest of Spain, as well as a 99.9% interest in Proyecto Ossa Morena.

 

The directories are not meant as recommendations but as a research tool to discover opportunities and trading ideas in a particular sector.

 

For the avid Mining Stock Investors – Check out our free comprehensive directory of Mining Stocks Mining Stocks Directory

 

 

Stay up to date on current mining sector news at https://www.investorideas.com/Gold_Stocks/ and Get News Alerts on Mining Stocks

 

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Exploring Mining Podcast Interview with David Kelley CEO, and Geologist at Chakana Copper (TSXV: $PERU.V) (OTCQB: $CHKKF) @ChakanaCopper

 

Exploring Mining Podcast Interview with David Kelley CEO, and Geologist at Chakana Copper (TSXV: $PERU.V) (OTCQB: $CHKKF) @ChakanaCopper

 

Hear about Upcoming drill program for Soledad Project, and why Rick Rule and Gold Fields Limited are investors in this copper junior

 

March 21, 2024 Investorideas.com, a global investor news source covering mining and metals stocks releases today’s edition of Exploring Mining Podcast, featuring a special edition interview with David Kelley, CEO and Geologist of Chakana Copper Corp. (TSXV: PERU) (OTCQB: CHKKF). With a fully funded drill program starting this April, this copper junior is one worth a listen

 

Full company press release here

 

Listen to the podcast at Investorideas :

https://www.investorideas.com/Audio/Podcasts/2024/032124-Mining.mp3

 

Read this in full at: https://www.investorideas.com/news/2024/exploring-mining/03211Chakana-Copper-PERU-CHKKF.asp

 

Listen to Exploring Mining podcast on iTunes Apple podcasts   

 

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In this episode, host Cali Van Zant talks to David Kelley about the Soledad project and some of the best intercepts David has ever seen during his geologist career. He talks about their upcoming drill program and how Chakana attracted top tier investors including Rick Rule, and Gold Fields Limited (NYSE:GFI)

 

About Chakana Copper

 

Chakana Copper Corp is a Canadian-based minerals exploration Company that is currently advancing the Soledad Project located in the Ancash region of Peru, a highly favorable mining jurisdiction with supportive communities. The Soledad Project is notable for the high-grade copper-gold-silver mineralization that is hosted in tourmaline breccia pipes. An initial mineral resource estimate for seven breccia pipes was announced in Q1 2022 (see news release dated February 23, 2022), with an Inferred Resource of 4.8 million tonnes grading 0.72 g/t gold, 61 g/t silver and 0.97% copper assumed to be extractable by underground mining methods, plus an additional Inferred Resource of 1.9 million tonnes grading 1.29 g/t gold, 37.1 g/t silver and 0.65% copper assumed to be extractable by open pit mining methods. The total initial Inferred Resource contains 191,000 ounces of gold, 11.7 million ounces of silver, and 130 million pounds of copper.

 

In addition, extensive multidisciplinary exploration has defined 154 exploration targets, 28 of which have been tested to date (18%), confirming that Soledad is a large, well-endowed mineral system with strong exploration upside. Chakana's investors are well positioned as the Soledad Project provides exposure to copper and precious metals. For more information on the Soledad project, please visit the website at www.chakanacopper.com

 

The Investorideas.com podcasts are also available on Apple Podcasts, Audible, Spotify, Tunein, Stitcher, Spreaker.com, iHeartRadio, Google Podcasts and most audio platforms available.

 

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Research mining stocks at Investorideas.com with our mining stocks directory at Investorideas.com https://www.investorideas.com/Gold_Stocks/Stocks_List.asp 

 

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Investorideas.com is the go-to platform for big investing ideas. From breaking stock news to top-rated investing podcasts, we cover it all. Our original branded content includes podcasts such as Exploring Mining, Cleantech, Crypto Corner, Cannabis News, and the AI Eye. We also create free investor stock directories for sectors including mining, crypto, renewable energy, gaming, biotech, tech, sports and more. Public companies within the sectors we cover can use our news publishing and content creation services to Public companies within the sectors we cover can use our news publishing and content creation services to help tell their story to interested investors.

 

 

 

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Rare Earth Breaking News - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Appoints HCF International Advisers for Strategic Funding Review of Wicheeda REE Project; @defensemetals

Rare Earth Breaking News - Defense Metals (TSX-V: $DEFN.V) (OTCQB: $DFMTF) Appoints HCF International Advisers for Strategic Funding Review of Wicheeda REE Project; @defensemetals

 

VANCOUVER, BC - March 19, 2024 (Investorideas.com Newswire) Defense Metals Corp. ("Defense Metals" or the "Company") (TSX-V:DEFN / OTCQB:DFMTF/ 35D: FSE) is pleased to announce the appointment of HCF International Advisers Limited ("HCF"), a leading global independent corporate finance advisory boutique based in London, UK, to conduct a strategic funding review for the Company's wholly-owned Wicheeda Rare Earth Element (REE) Project located in British Columbia, Canada.

 

Read this news, featuring DEFN in full at https://www.investorideas.com/news/2024/03191DEFN-HCF-International-Advisers.asp

HCF specializes in providing comprehensive financial advisory services with a primary focus on the metals and mining sector. The strategic funding review will, among other things, assist Defense Metals in thoroughly analyzing potential funding options and strategic partnerships for the development and advancement of the Wicheeda REE Project beyond the completion of its Preliminary Feasibility Study (PFS) expected in Q2 2024.

 

Craig Taylor, CEO of Defense Metals, commented:

"We are thrilled to collaborate with HCF International Advisers for a strategic funding review of our Wicheeda REE Project. Following our PFS, as we navigate the dynamic landscape of the metals and mining sector, having HCF's expertise on board will be instrumental in evaluating and pursuing optimal funding and strategic partnership opportunities, especially in Europe."

 

About HCF International Advisers

HCF International Advisers is a leading independent corporate finance advisory boutique based in London, UK, specializing in providing strategic financial advice to companies in the metals and mining sector. With a commitment to excellence, HCF has a proven track record of assisting clients in navigating complex financial landscapes.

 

HCF is led by Guy de Sellier de Moranville, President and Co-founder, and Sean Gorman, CEO and Managing Director. HCF's expertise in the financing of internationally recognized mining projects and, in particular, critical minerals, is evidenced by its involvement as financial adviser to projects in Canada, Africa and in particular to Arafura Rare Earths Limited on the financing of the Nolans NdPr Project (Northern Territory, Australia).

 

Guy de Selliers de Moranville - President and Co-founder of HCF

Guy is a seasoned finance professional with a distinguished career. He served as a Senior Advisor to the Atlantic Council's Future Europe Initiative and played key roles in advising the European Commission and co-chairing a joint European/Russian task force for strategic energy projects. Mr de Selliers has held executive positions at Robert Fleming and Co Ltd, was a member of the senior executive team which created the European Bank for Reconstruction and Development (EBRD), and served as Senior Vice President at Lehman Brothers.

 

He has been a member of the board of directors of many influential organizations such as Solvay Group, Ageas Group, AG Insurance Belgium, Ivanhoe Mining, Pamplona, I Pulse, The Cranemere Group Ltd, Renewable Energy Foundation, and Drive Forward. Mr de Selliers, with a Master's degree in engineering and a Master's degree in economics from Louvain University in Belgium, is widely respected for his diverse expertise across various sectors, making him a valuable asset in the international business community.

 

Sean Gorman - CEO & Managing Director of HCF

Sean has over 30 years of experience in the natural resources sector. As a Chartered Engineer, he led the design and construction of oil refineries and onshore gas plants around the world prior to moving into banking, where he worked in project finance and debt restructuring for the power sector. Subsequent to that he was Head of Business Development for a renewable energy company involved in equity investment prior to a successful sale of the company. As CEO of HCF Sean has worked on the financing for a wide range of projects across multiple jurisdictions and commodities though in recent years has had a strong focus on critical minerals and is leading the financing of the Arafura NdPr Project in Australia.

 

About Defense Metals Corp. and its Wicheeda Rare Earth Element Project

Defense Metals Corp. is focused on the development of its 100% owned, 8,301-hectare (~20,534-acre) Wicheeda REE Project that is located on the traditional territory of the McLeod Lake Indian Band in British Columbia, Canada.

 

The Wicheeda REE Project, approximately 80 kilometres (~50 miles) northeast of the city of Prince George, is readily accessible by a paved highway and all-weather gravel roads and is close to infrastructure, including hydro power transmission lines and gas pipelines. The nearby Canadian National Railway and major highways allow easy access to the port facilities at Prince Rupert, the closest major North American port to Asia.

Defense Metals is a proud member of Discovery Group. For more information please visit:
www.discoverygroup.ca.

 

For further information, please visit www.defensemetals.com or contact:

Todd Hanas, Bluesky Corporate Communications Ltd.
Vice President, Investor Relations
Tel: (778) 994 8072
Email: todd@blueskycorp.ca

 

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release.

 

Cautionary Statement Regarding "Forward-Looking" Information

This news release contains "forward-looking information or statements" within the meaning of applicable securities laws, which may include, without limitation, statements relating to the engagement of HCF, potential funding options and strategic partnerships, completion of a preliminary feasibility study on the Wicheeda REE Project, advancing the Wicheeda REE Project, the expectations and plans for the Wicheeda REE Project, the technical, financial and business prospects of the Company, its project and other matters. All statements in this news release, other than statements of historical facts, that address events or developments that the Company expects to occur, are forward-looking statements. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of rare earth elements, the anticipated costs and expenditures, the ability to achieve its goals, that general business and economic conditions will not change in a material adverse manner, that financing will be available if and when needed and on reasonable terms. Such forward-looking information reflects the Company's views with respect to future events and is subject to risks, uncertainties and assumptions, including the risks and uncertainties relating to the interpretation of exploration and metallurgical results, risks related to the inherent uncertainty of exploration and development and cost estimates, the potential for unexpected costs and expenses and those other risks filed under the Company's profile on SEDAR+ (www.sedarplus.ca). While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks. Factors that could cause actual results to differ materially from those in forward looking statements include, but are not limited to, continued availability of capital and financing and general economic, market or business conditions, adverse weather and climate conditions, failure to maintain or obtain all necessary government permits, approvals and authorizations, failure to maintain or obtain community acceptance (including First Nations), risks relating to unanticipated operational difficulties (including failure of equipment or processes to operate in accordance with specifications or expectations, cost escalation, unavailability of personnel, materials and equipment, government action or delays in the receipt of government approvals, industrial disturbances or other job action, and unanticipated events related to health, safety and environmental matters), risks relating to inaccurate geological, metallurgical, engineering and pricing assumptions, decrease in the price of rare earth elements, the impact of viruses and diseases on the Company's ability to operate, restriction on labour and international travel and supply chains, loss of key employees, consultants, officers or directors, increase in costs, delayed results, litigation, and failure of counterparties to perform their contractual obligations. The Company does not undertake to update forward-looking statements or forward-looking information, except as required by law.

 

Defense Metals Corp. (TSX-V:DEFN /OTCQB:DFMTF) is a featured mining stock on Investorideas.com

 

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Disclaimer/Disclosure: Investorideas.com is a digital publisher of third party sourced news, articles and equity research as well as creates original content, including video, interviews and articles. Original content created by investorideas is protected by copyright laws other than syndication rights. Our site does not make recommendations for purchases or sale of stocks, services or products. Nothing on our sites should be construed as an offer or solicitation to buy or sell products or securities. All investment involves risk and possible loss of investment. This site is currently compensated for news publication and distribution, social media and marketing, content creation and more. Contact each company directly regarding content and press release questions. Disclosure   this  DEFN news is a paid  featured annual mining stock  on investorideas.com – learn more about costs and services https://www.investorideas.com/News-Upload/  More disclaimer info: https://www.investorideas.com/About/Disclaimer.asp  Please read Investorideas.com privacy policy: https://www.investorideas.com/About/Private_Policy.asp

 

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