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. reports developments across critical-materials exploration, battery processing, metallurgy and clean-technology subsidiaries. Its news frequently covers EVSX battery processing and recycling activities in Thorold, Ontario, St-Georges Metallurgy research tied to lithium recovery from spodumene, Iceland Resources gold and energy-metals projects, and H2SX technology for converting methane into solid carbon and turquoise hydrogen.
Company updates also address Québec exploration work at the Manicouagan and Julie nickel-copper-cobalt-PGE projects and the Notre-Dame niobium project, including surface sampling, target generation and mineralization results. Other recurring announcements include battery supply agreements, processing-line installation, metallurgical revenue activity, warrant extensions, annual meeting matters and management or director changes.
St-Georges Eco-Mining Corp. (CSE:SX, OTCQB:SXOOF) announced a unanimous board decision on April 12, 2022, to authorize its subsidiary EVSX to proceed with plans for battery recycling and nickel ingot production in Baie-Comeau, Quebec. The company aims to acquire a building and two additional land plots totaling nearly 400,000 square feet. The project's first phase, with a CAPEX of CA$15 million, will feature three processing circuits and is expected to begin operations by year-end. Funding strategies may include equity raising and commercial loans, pending government incentives discussions.
St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF) announced new results from their Manicouagan Project including significant mineral assays. Notable findings are high levels of platinum (up to 2.11 g/t), palladium (up to 7.88 g/t), rhodium (up to 1.73 g/t), and nickel (up to 9.49%). The company identified a new discovery named the Bob Zone with dimensions of 180m x 80m, positioned in a prospective 3 km corridor. Future plans include extensive assays for platinum group elements (PGEs) in correlation with nickel and copper content.
St-Georges Eco-Mining Corp. (CSE:SX)(OTCQB:SXOOF)(FSE:85G1) has reported promising results from its 2021 drilling campaign at the Manicouagan Project. The latest assays show up to 0.84 g/t rhodium and other significant values for platinum group elements (PGEs) in selective samples. The company plans to accelerate its metallurgical sampling to assess the economic viability of recovering these metals. Despite some variations in earlier reported values, the ongoing exploration has identified a mineralized trend, prompting further claim expansions to enhance their competitive edge.
St-Georges Eco-Mining Corp. has announced significant progress in its Icelandic operations related to the Thor Gold Project. The 2021 drilling campaign yielded highlights including a remarkable intersection of 25.23 g/t gold over 1.6 meters. The company is focusing on in situ recovery methods targeting lithium and valuable metals from geothermal sources. Additionally, research indicates potential gold grades up to 106 g/t in historical tests. The next phase will involve further drilling and metallurgical testing to enhance recovery processes.