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SPARK ENERGY MINERALS INC - MTEHF STOCK NEWS

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Spark Energy Minerals Inc. is a Canadian company focusing on battery metals and mineral assets with interests in Brazil. The recent acquisition of the Minas Gerais mining permits in Brazil's Lithium Valley highlights the company's commitment to lithium and rare earth mineral exploration. Spark Energy Minerals aims to leverage these acquisitions to strengthen its market presence and attract potential investors. With ongoing partnerships and funding initiatives, the company is poised for growth and innovation in the mining sector.

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St. Anthony Gold Corp. (CSE:STAG)(OTC PINK:MTEHF) announced a share consolidation on a 4-for-1 basis on November 3, 2021. This change will reduce the current 123,029,341 outstanding shares to approximately 30,757,335 shares post-consolidation. The consolidation aims to enhance flexibility for financing opportunities and will also affect outstanding options and warrants at the same ratio. The consolidation is subject to approval by the Canadian Securities Exchange. The company focuses on advancing high-value mineral properties.

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St. Anthony Gold Corp. (CSE: STAG, OTC: MTEHF) has announced results from its Metallic Screen assays that verify previous assay results where coarse gold was detected. The findings indicate mixed results when compared to traditional assays but underscore the presence of nuggety gold in the St. Anthony Gold Mine. Notably, the assay from hole SA21-15 shows a remarkable 900% increase in gold grade compared to 2010 results, achieving a composite of 6.47 gpt Au over 10m. The company plans to implement this assay method in future drilling operations.

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St. Anthony Gold Corp. (CSE:STAG, OTC PINK:MTEHF) has updated its plans for the Panama Lake property in the Red Lake Mining District. The company will focus on exploration due to heightened interest from major gold companies, including Barrick Gold. Under the Option Agreement with Benton Resources, St. Anthony aims to secure 50% ownership by completing cash and share payments. The Panama Lake project covers 11,700 hectares and shows significant mineral potential, with a gold showing graded up to 6.17 g/t Au.

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St. Anthony Gold Corp. (CSE:STAG, OTC PINK:MTEHF) has resumed its Phase One diamond drilling program at the St. Anthony gold mine in Ontario after a temporary halt due to wildfires. The program aims for 15,000 meters of drilling and has shown promising initial results, including a potential 300% increase in gold grade. Plans for Phase Two targeting the Lucky Bones zone are underway. The company is also preparing for a four-for-one share consolidation, which will affect the number of shares outstanding. The goal is to enhance shareholder value through increased resource compliance.

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St. Anthony Gold Corp. (CSE:STAG, OTC PINK:MTEHF) reports a significant increase in gold grades from its St. Anthony gold mine in Ontario following reassaying with Metallic Screen Fire Assay (MSFA). A previously reported intercept of 314 g/t Au has been revised to 1,245 g/t Au, marking a 296% increase. Notably, one sample saw a staggering 435,412% increase. The remaining phase of the drill program aims to further delineate high-grade intervals. The property encompasses historical mining operations and significant gold occurrences.

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St. Anthony Gold Corp. (CSE:STAG, OTC PINK:MTEHF) announced promising assay results from its Phase One diamond drilling program at the St. Anthony gold mine in Ontario. The latest drill hole, SA21-18, revealed significant gold intersections, including 42.68 grams per tonne over 3.7 meters, with a peak of 314 grams per tonne over 0.5 meters. The company is ramping up operations now that the MNRF Emergency Area Order has been lifted, focusing on preventing wildfires during drilling. The historical St. Anthony mine produced over 63,000 ounces of gold.

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Maxtech Ventures Inc. (CSE:MVT)(OTC PINK:MTEHF) announced updates from its ongoing Phase One diamond drilling program at the St. Anthony gold mine in Ontario. Currently, 2,432 meters of the planned 5,000 meters have been drilled, with assays from hole SA21-19 revealing significant gold concentrations of up to 4.53 grams per tonne. The program is currently paused due to forest fire activity in the region, but the data is being integrated for future drilling. Past production at the site yielded over 63,310 ounces of gold, indicating a potentially rich mineral resource.

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Maxtech Ventures Inc. (OTC PINK:MTEHF) announced assay results from its St. Anthony gold mine's Phase One drilling program, revealing significant gold intersections from drill hole SA21-17. Key findings include grades up to 23.5 grams per tonne. The program is currently paused due to ongoing forest fires in Northern Ontario, with assays pending for four additional holes. Historically, the St. Anthony mine produced 63,310 ounces of gold prior to World War II, indicating substantial underground potential. The company will monitor conditions for safe resumption of activities.

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Maxtech Ventures Inc. (CSE:MVT)(Frankfurt:M1N)(OTC PINK:MTEHF) announced promising assay results from its Phase One drilling program at the St. Anthony gold mine in Ontario. Notably, hole SA21-15 yielded visible gold with assays of 45.2 g/t over 0.48m and 41 g/t over 1m. The program's success has prompted plans for a Phase II 10,000m drill program. The company is awaiting assays from five additional holes and is repositioning a twinned hole after encountering poor ground conditions. Over 1,000 core samples have been sent for analysis to ALS Global Laboratories.

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FAQ

What is the current stock price of SPARK ENERGY MINERALS (MTEHF)?

The current stock price of SPARK ENERGY MINERALS (MTEHF) is $0.0408 as of August 16, 2024.

What is the market cap of SPARK ENERGY MINERALS (MTEHF)?

The market cap of SPARK ENERGY MINERALS (MTEHF) is approximately 4.4M.

What does Spark Energy Minerals Inc. focus on?

Spark Energy Minerals Inc. is a Canadian company specializing in battery metals and mineral assets with interests in Brazil.

What recent acquisition did the company make?

Spark Energy Minerals Inc. acquired the Minas Gerais mining permits in Brazil's Lithium Valley.

What is the company's commitment in terms of mineral exploration?

The company is committed to exploring lithium and rare earth minerals, focusing on strengthening its market presence and attracting potential investors.

What initiatives is Spark Energy Minerals taking for growth and innovation?

Through ongoing partnerships and funding initiatives, Spark Energy Minerals aims to grow and innovate in the mining sector.

SPARK ENERGY MINERALS INC

OTC:MTEHF

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4.39M
56.36M
15.32%
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