Friday, April 19News That Matters

Author: Cloud PR Wire

TNR Gold reports significant progress and enhanced valuations at Los Azules project

Press Release
–News Direct– TNR Gold Corp (TSX-V:TNR, OTC:TRRXF) Executive Chairman Kirill Klip discusses latest developments at the Los Azules project in Argentina with Proactive's Stephen Gunnion, highlighting an improved copper recovery rate, significant project scale, and future potential. Klip stated that TNR Gold is evolving into a green energy metals royalty and gold company through its portfolio, which includes a 0.4% net smelter returns (NSR) royalty on the giant Los Azules copper, gold, and silver project. Recent results from McEwen Copper Inc, a subsidiary of McEwen Mining, indicate a 3.2% increase in copper recovery at Los Azules, translating into an additional 172,000 tonnes of copper over the mine's 27-year lifespan. Klip also detailed the project's scale, with ...

Zircuit Staking Program Breaks $500M TVL And Adds Ethena Integration

Press Release
–News Direct– Zircuit, a zk rollup with parallelized circuits and AI-enabled security at the sequencer level, today announced its staking program has surpassed $500M in TVL. Currently in testnet phase, Zircuit is poised to hit a mainnet TVL on day one that surpasses major blockchains such as Linea, Manta, Mantle, Near, Scroll, Aptos, and zkSync. Next week, Zircuit will integrate Ethena, adding to its growing list of supported protocols for Zircuit Staking. Users who stake USDe with Zircuit will earn Zircuit Points and 7x Shards (Ethena points). Ethena is a crypto-native solution to a yield-bearing synthetic dollar fully collateralized and freely composable onchain. Other protocols in the program include Renzo, Kelp, Etherfi, Lido, Swell, Eigenpie, and Liquid Collective. Points programs ha...

The Seventh Task2Get at Bitget Wallet for opBNB Mainnet Interaction Now Live

Press Release
–News Direct– The global leading Web3 trading wallet, Bitget Wallet, is set to launch the seventh Task2Get event this week, focusing on opBNB mainnet ecosystem interaction. opBNB is an initiative by BNB Chain that introduces a Layer 2 (L2) scalability solution fully compatible with the Ethereum Virtual Machine (EVM) and built on the Optimism OP Stack. This development aims to significantly enhance Layer 1 (L1) scalability, offering solutions to network congestion and high transaction fees while maintaining the rigorous security standards of L1. Bitget Wallet, known for its comprehensive coverage of over 100 major blockchains and hundreds of EVM-compatible chains, offers its users the convenience of managing their opBNB mainnet assets seamlessly. Through the wallets mobile app or browser e...

Worlds First ICO on Bitcoin Blockchain Enters Final 7 Day Countdown

Press Release
–News Direct– Bitcoin Dogs, the first ever ICO on the Bitcoin Blockchain, has announced a presale end date of the 15th March, which marks its final 7 days remaining. The project has raised over $8.1m in under 23 days, with investors buying 0DOG token. With a community which has built to 150,000 in just 3 weeks, and over 10,000 buyers so far, the team hopes this momentum and growth continues. Building on Bitcoin Driven by the 0DOG token, Bitcoin Dogs is both a GameFi experience centered around raising and training virtual dogs and a 10,000-strong NFT collection minted on BRC-20. The incredible reception from the crypto community is driven by 0DOGs innovative approach to the latest Bitcoin development as well as its fun retro graphics, community focus, and the chance for players to earn 0...

Flynn Gold discovers promising lithium anomalies at Parker Dome project in Western Australia

Press Release
–News Direct– Flynn Gold managing director and CEO Neil Marston discusses promising lithium results from a soil sampling programme at the Parker Dome project in Western Australia with Proactive's Stephen Gunnion. This initial exploration, covering two licences over 40 square kilometres, marks Flynn Gold's first on-ground work since acquiring a one-year purchase option in December 2023. The project lies within the Forrestania Greenstone Belt, known for its pegmatite-hosted lithium deposits. The sampling involved 679 soil samples, focusing on areas with high lithium potential, identifying two pegmatite trends (western and eastern) and yielding six significant zones with lithium anomalies up to 197 ppm. These anomalies extend over large areas, correlating with caesium and ta...

Power Metal expands into sustainable metal extraction with GSAe deal; announces share consolidation

Press Release
–News Direct– Power Metal Resources PLC (AIM:POW) CEO Sean Wade speaks to Proactive's Stpehen Gunnion about the strategic acquisition of a 75% stake in GSA Environmental (GSAe), a company specialising in extracting critical metals from waste products like fly ash and heavy fuel oil ash. The venture is particularly focused on residues from electricity generation and spent catalysts, promising to transform them into environmentally friendly residues while extracting valuable metals essential for the energy transition. The move is seen as a departure from Power Metal's traditional focus on incubating early-stage mining opportunities, aiming instead to provide a sustainable revenue stream to reduce dependency on capital markets. Wade highlighted the complementary nature of th...

Immunic to reveal promising MS treatment data in two poster presentations at ACTRIMS Forum 2024

Press Release
–News Direct– Immunic Inc CEO Dr Daniel Vitt joins Proactive's Stephen Gunnion with details of data from the Phase 2 CALLIPER and CALVID-1 trials of vidofludimus calcium the company will present at the Americas Committee for Treatment and Research in Multiple Sclerosis (ACTRIMS) Forum 2024 in West Palm Beach, Florida, from today. Vitt highlighted the significant potential of the drug in treating multiple sclerosis (MS), particularly in relation to Epstein-Barr Virus (EBV) reactivation. The CALLIPER study focuses on the effects of 45 milligrams of vidofludimus calcium in patients with progressive MS, emphasising the importance of progression independent of relapse activity. October's interim biomarker data, specifically neurofilament light chain (NFL), which is related to ...

Premier African Minerals’ Zulu lithium project produces first concentrates; prepares for ramp-up

Press Release
–News Direct– Premier African Minerals Ltd (AIM:PREM, OTC:PRMMF) chief executive George Roach joined Proactive's Stephen Gunnion with the operational status of the processing plant at the company's Zulu lithium project in Zimbabwe. Despite facing some setbacks, the major components of the plant are installed and functional, enabling production to proceed from front to back. Issues encountered during commissioning are considered normal by the plant suppliers and Roach believes they are resolvable within the commissioning process, emphasizing that no major equipment replacements are necessary. Currently, the plant is producing concentrates from the Mica and Spodumene flotation sections, with analysis of these concentrates underway. Initial spot analysis suggests that spodum...

HANetf new Sprott Junior Uranium Miners UCITS ETF hits the market, focused on smaller miners

Press Release
–News Direct– HANetf head of research Tom Bailey discusses the launch of the Sprott Junior Uranium Miners UCITS ETF (URNJ) on the LSE and Deutsche Bourse, highlighting the growing demand for uranium due to the global shift towards nuclear energy for low carbon emissions and energy security. Bailey explained that this demand, coupled with a decade of underinvestment in uranium mining, has created a supply-demand imbalance, boosting uranium prices significantly. The Junior Uranium Miners ETF focuses on smaller-cap miners, which are poised to benefit more directly from the rising uranium prices compared to their larger counterparts. This is because larger mining companies often have long-term contracts at lower prices, whereas junior miners sell at current high prices. The ETF includes expl...

Greencoat UK Wind focuses on capital allocation following strong 2023 performance

Press Release
–News Direct– Greencoat UK Wind's Stephen Lilley discusses the company's full-year results for 2023, highlighting significant financial achievements and strategic initiatives. The company reported over 406 million of net cash generation and a coverage ratio of 2.1 times. Due to its strong cash flow, the trust, which is one of the UKs largest wind farm operators, has remained resilient despite rising interest rates and a higher discount rate. Lilley said Greencoast has focused on capital allocation, particularly as shares have been trading at a discount to net asset value (NAV), leading to an increase in the dividend for 2023 from 8.76 pence to 10 pence per share, resulting in an additional 29 million paid to shareholders. The dividend for 2024 has been increased by 14.2%,...