Category Archives: Mining

Romios announces appointment of new CEO Stephen Burega

It looks like an exciting new day for Romios with the appointment of Stephen Burega as CEO!
Mr Burega was formerly serving as President of Romios.
Press Release announcing appointment.

Tom Drivas who founded the company approximately 27 years ago is stepping down. Mr. Drivas has assembled what we see as an impressive assembly of land claim packages over the years, with a significant deal being done with Enduro Resources a few years ago on several of their B.C. Golden Triangle claims.

The company plans to focus on Nevada moving forward.

“Plans are currently underway to move the Company’s assets forward with a focussed effort to streamline our approach and to bring our Nevada assets to the forefront of future exploration activities. We are actively looking for strong partnerships for our core assets in British Columbia and Ontario. All exploration activities will be supported with a well-developed communications and marketing effort that began in early 2022 to re-introduce the Company to the investing marketplace.”

 

With the recent addition of highly experienced geologist Joh Biczok we are seeing this as a very exciting next stage of development for Romios. Mr. Biczok has close to 40 years of experience and is a registered Professionial Geoscientist in Ontario
Mr Biczok spent 12 years conductiong research and exploration at the Goldcorp Musselwhite Mine most recently as senior exploration geologist and senior research geologist.

 

Stay tuned for more exciting developments from Romios, a very well positioned exploration junior.

PDAC 2022 is live!

Lots of action happening this year with hundreds of exploration companies set up on the exhibition side and the PDAC trade show section full of the usual service providers.

Expecting attendance to pick up tomorrow on the floor. There are many juniors in a great position to gain market cap value it would appear since the whole sector in general has been sliding for months and months it seems.

What they call ‘the fluff’ has really been gone from the sector for a long time because of the extended bear market in junior mineral exploration in general, with juniors such as Scottie Resources Corp. (SCOT-TSXV trading at .18 cents) displaying some really impressive drill results at their Golden Triangle properties. Results are showing very good consistency and talking to their CEO gives one a sense that he is going to get the job done properly.

More to come from PDAC 2022…

 

Global Lithium demand continues to Dazzle

LITHIUM! The new oil?

One of the biggest commodity stories of 2021 is the enormous demand for lithium to supply batteries for electric vehicles. Electric vehicle production has grown at a staggering pace for anyone aware that not that long ago all the electric cars made were taken out into the desert and destroyed! Now I wonder who was behind those shenanigans?

At any rate we have a new consciousness which declares that electric vehicles are going to save the planet from overheating and we need them to replace ICE vehicles as soon as yesterday.
For this to occur we need batteries and lots of them! Those batteries take lithium to construct, hence the lithium price has soared to all time highs of approximately $30,000.00/ton U.S. as companies and countries move aggressively to obtain reliable supplies.

Further, according to data from the website MarketsandMarkets.com, (Article Link)the demand by 2025 will increase by more than double:

The lithium compounds market is projected to grow from USD 5.3 billion in 2020 to USD 13.5 billion by 2025, at a CAGR of 20.6% from 2020 to 2025.

A junior exploration company which we own shares in largely because of faith in management is Infinite Ore Corp. (ILI.V OTCQB-ARXRF)
Jackpot Lithium deposit is the name of their established lithium deposit near Thunder Bay Ontario which is high grade although is rather small at present and needs to be expanded by more exploration. Jackpot is approximately 2 million tones of over 1% lithium which is considered high grade.

ILI has very recently closed a financing for approximately $8 million (cad) to expand their lithium holdings although it is unclear at this point where they will focus their spending.
We await further guidance from management, and the prospect has not gone unnoticed as the company valuation has basically doubled recently on the news of financing. The financing was done around 100% below where the share price was trading so that tells you something positive is happening in the sector and the company as well/
Stay tuned for updates and “GO Lithium!”

Disclosure: Editor owns shares of Infinite Ore Corp. and may buy or sell at any time. Infinite Ore Corp. is

    not

a paid client.

API:CSE-Appia Announces Assay Results, Additional Land Acquisitions, A New Discovery And Drilling Update

Sept 01, 2021

Press Release Sept 01, 2021

Appia Energy Corp. continues to move full speed ahead with their 2021 exploration program at Alces Lake, Saskatchewan. Having recently added critical metals expert Jack Lifton to the Advisory Board, and with 13 geologists working at the project plus a winter camp set-up there is a lot of excitement in the air!

Recent results have added to the energy surrounding the Alces Lake rare earth/critical rare earth prospect with additional land being acquired.

“Acquisition of a further 11,055.4 hectares (27,318.5 acres) of land contiguous to the claim block at
Alces Lake, increasing the 100% owned landholdings to 35,682.2 hectares (88,,172.7 acres),
doubling the landholdings from the start of the 2021 exploration season.”

NEW ZONE DISCOVERED:

The Sweet Chili Heat zone (“SCH”), among others (Figure 2), is a new discovery that was found as a direct
result of the new airborne survey. As a result of the analysis of the geophysical data and geologic work done at the location, the SCH zone has been prioritized for drilling in the near future. Monazite mineralization has an exposed strike length of ~25m, with elevated radiation readings continuing under ground cover for an additional ~30m. Observed mineralization indicates that the SCH is a highly prospective target.”

DIAMOND DRILLING
With two drills active on the property, there are so many occurrences to explore that the diamond drilling program is being extended from 5000 meters to a possible total of 10,000 meters. As was mentioned earlier there is now a winter camp set-up and earlier grab samples have been assayed by the SRC (Saskatchewan Research Council) laboratories. With all this activity and focus we can expect a steady flow of news from Appia moving forward.

We will continue to follow this company on their exciting journey to become a rare earth/critical rare earth producer right here in our own Canadian back yard, one of the highest grade discoveries in the world.

Disclaimer:
Editor owns shares in this company and may buy or sell at any time.

Appia Energy-Research Capital Corp. Initiating Coverage-May 31, 2021

Research Capital Corp. has just initiated coverage on Appia Energy Corp. (CSE: API) (OTCQB: APAAF) (FSE: A0I.F) (FSE: A0I.MU) (FSE: A0I.BE)

The report is focused on their Lake Alces high grade rare earth property in Saskatchewan.

This is a comprehensive 25 page report and is well worth the read if you are interested in exposure to rare earth mineralization projects with potentially explosive upside.

The high grades Appia has found so far rank 2nd in the world at around 16% according to the company and there are plenty of other reasons to take a very close look at what this company has to offer.

AppiaEnergy-ResearchCapitalMay27,2021

One great stroke of luck for Appia is a rare earth processing facility is currently being built in the same jurisdiction by the Saskatchewan Research Council (SRC). This $31 million facility is like a dream come true to a junior, especially with their early exploration results are showing high grade rare earth and critical rare earth mineralization in monzanite host rock.. This is significant because the method of processing rare earth minerals found in monzanite are well established.

(From the Research Capital Report)
“As noted above, the Saskatchewan government is constructing a 3,000 tonne per year REE processing facility north of Saskatoon – the first facility of this kind in Canada. The government intends the facility to act as a catalyst to drive the growth of the REE industry in Canada by “providing the early-stage supply chain needed to generate industry investment and growth”. The new
facility is expected to be operating in the fall of 2022.”

Appia is just about to start a $5 million diamond drilling program on Alces Lake where they have identified at least 70 targets so far on their 34,000+ hectare property.

AppiaEnergy-ResearchCapitalMay27,2021