Welcome to our dedicated page for St Georges Eco news (Ticker: SXOOF), a resource for investors and traders seeking the latest updates and insights on St Georges Eco stock.
St-Georges Eco-Mining Corp. (SXOOF) generates news across several themes, reflecting its combination of mineral exploration and technology-focused subsidiaries. Company updates frequently cover exploration results from the Manicouagan and Julie Critical Minerals Projects on Quebec's North Shore, where surface sampling, drilling and geophysical work target nickel, copper, cobalt and platinum group elements. News releases detail new mineralized showings, high-grade grab samples, evolving geological models and plans for follow-up surveys, trenching and drilling.
Investors following SXOOF can also track developments at Iceland Resources, which advances gold and silver exploration projects such as the Thor (Thormodsdalur) and Elbow Creek assets in Iceland, and evaluates mineral materials sourced from geothermal facilities. These updates often include fieldwork plans, site visits and testing of geothermal-derived materials.
A second major news stream relates to EVSX Corp., St-Georges' wholly owned battery processing subsidiary. Announcements describe the commissioning and installation of multi-chemistry battery recycling lines at the Thorold, Ontario plant, Environmental Compliance Approvals, and supply agreements with Call2Recycle Canada Inc. News items explain how EVSX's lines process a wide range of battery chemistries, recover critical metals and other materials, and integrate into North American battery collection networks.
Additional coverage focuses on St-Georges Metallurgy Corp.'s lithium pilot plant partnership with Coalia and LiOH Corp., where spodumene concentrate is processed using proprietary technology, and on H2SX Corp.'s methane-to-hydrogen technology, including installation of a showcase hydrogen production system in South Korea. Corporate governance, warrant extensions, stock option grants and financial reporting dates are also regular subjects. Readers interested in SXOOF can use this news feed to monitor exploration milestones, technology deployment, partnerships and corporate actions over time.
St-Georges Eco-Mining Corp. (CSE:SX, OTCQB:SXOOF) has announced the acquisition of a location for its battery recycling and processing operations at the Thorold Multimodal Hub in Niagara, Ontario. This strategic move aims to cut transportation time and costs while enhancing local partnerships. EVSX plans to complete its battery sorting and blackmass processing facility by Q2 2023, with potential expansions for lithium processing later. The company has also received hydrolysis equipment from Japan for lithium hydroxide pilot production, positioning it for operational testing in mid-2023.
St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF) announced positive developments regarding its ongoing Manicouagan Drill Program. Drilling commenced on November 21, with six core holes completed over 1,000 meters. Notably, drill hole MN22-03 revealed a sulphide-rich zone, indicating mineralization close to the surface. The project has expanded with an additional 74 claims, totaling 22,388 hectares. Geophysical surveys are set to augment the drilling efforts and enhance mineralization targeting.
St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF) announced updates on its Notre-Dame and Manicouagan Projects. The company mobilized its drilling team for the Manicouagan Project, with drilling set to commence shortly. Additionally, they closed a final tranche of $1.8 million in a flow-through financing, raising a total of $3.225 million, oversubscribing by $725,000. Initial sampling from the Notre-Dame Project indicates promising values in niobium and rare earth elements, warranting further exploration.
St-Georges Eco-Mining Corp. has completed the first tranche of a non-brokered private placement offering, raising up to $1,425,000 at $0.25 per flow-through unit. Each unit consists of one common share and half a warrant, with an exercise price of $0.29. Proceeds will support the Manicouagan Project exploration in Quebec. Notably, the offering was subscribed primarily by institutional investors, with insiders contributing $175,000. The company reported significant drilling results, including a new high-grade mineralization zone, Bob Zone, with dimensions of 270m by 80m and substantial values in nickel and copper.
St-Georges Eco-Mining Corp. (CSE:SX, OTCQB:SXOOF, FSE:85G1) announced the completion of an industrial electrolysis unit by DeNora, tailored to its specifications. This equipment may be integrated into a pilot plant or production site, with installation anticipated for early February 2023. Alongside this, the company has secured agreements with geothermal energy producers in Iceland for mineral material collection for research, marking a significant milestone after a decade of negotiations. These developments are crucial for advancing their lithium processing and battery recycling initiatives.
St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF) announced results from the 2021 drill program at its 100% owned Manicouagan Project. The press release highlights high assay results, including 5.11 g/t platinum, 18.29 g/t palladium, and significant nickel and copper grades. A new mineralization discovery, the Bob Corridor, has been identified with dimensions of 270 meters in length and 80 meters in depth, open in all directions. Future exploration will target additional areas, with drilling set to resume in October 2022.
St-Georges Eco-Mining Corp. (CSE:SX, OTCQB:SXOOF) announced a partnership with AraBat S.R.L. to advance battery recycling technology in Italy. This agreement aims to develop a plant in Puglia for producing black mass from used batteries. The company is also raising $4.5 million for its Manicouagan Project and another $4 million for battery recycling efforts. Additionally, they expect their three North American battery sorting plants to achieve a combined capacity of 25,000 tonnes annually.
St-Georges Eco-Mining Corp. (CSE:SX, OTCQB:SXOOF) has announced a strategic realignment focusing on the Manicouagan project, battery recycling, and lithium hydroxide production. The company initiated a rebranding effort with BrandBourg and is allocating resources over the next 24 months. In July, it began generating revenue from commercial rent and is set to produce three battery processing units, each capable of processing 8,500 metric tons annually. The total investment for these units is estimated at $7.5 million. The company also plans to file three new patents for lithium and nickel-type batteries.
St-Georges Eco-Mining Corp. (CSE:SX, OTCQB:SXOOF) announced significant findings from its Notre-Dame Project in Quebec. After three weeks of exploration, new pegmatites, including the Patro and Team Zone, were identified, with widths ranging from 2 to 20 meters. A total of 210 samples have been collected for assay analysis, with results pending. The company is also advancing battery recycling initiatives and planning further exploration activities.
St-Georges Eco-Mining Corp. (CSE:SX, OTCQB:SXOOF, FSE:85G1) announced a strategic agreement with Wintech Energy Corp. for access to its green hydrogen technology. This partnership positions Wintech as a shareholder in H2SX, focusing on producing ccH2™ (cheap and clean hydrogen) without water usage. H2SX acquires non-exclusive and exclusive licenses for territories including Quebec, Ontario, and Nevada. The deal also includes issuing 990,000 common shares and developing a research chair in hydrogen-based fertilizers at Cintech Agroalimentaire.