$KENY.CN

4 stories mentioning KENY.CNUpdated 12d ago

Every FINWIRES story that references KENY.CN, newest first.

Makenita Resources "More Than Doubles" Its Saskatchewan Serpentinization Iron-Magnetite Project to 116,149 Contiguous Acres

Makenita Resources (KENY.CN) has "more than doubled" its Serpentinization Iron-Magnetite Project in Saskatchewan, growing the contiguous land package from 51,304 acres to a district-sized 116,149 acres, it said on Friday.The project directly borders Max Power Corp (MAXX.CN) and is prospective for iron and magnetite, said the company and added that management is currently formulating plans to begin work as soon as possible.The project targets iron and magnetite, with additional upside potential for naturally occurring hydrogen production by stimulating iron-rich magnetite formations through serpentinization, added the company.

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Mining & Metals33d ago

Makenita Resources Completes Work Program on Sisson West Tungsten Project

Makenita Resources (KENY.CN) has completed a work program encompassing a helicopter-based aeromagnetic/radiometric/very-low-frequency survey on the Sisson West tungsten project in New Brunswick, the company said in a Friday news release.The Sisson tungsten mine, adjacent to the Sisson West project, was selected by Canadian Prime Minister Mark Carney as one of the First Nation-building projects.The company's geological team is currently reviewing and interpreting the data from the survey to be able to proceed to the next phase of work on the project.

$KENY.CN

Mining & Metals54d ago

Makenita Resources Acquires the 23,517 Acre "Serpentinization Iron-Magnetite Project" in Saskatchewan; Shares up 4.7%

Makenita Resources (KENY.CN) acquired the "Serpentinization Iron-Magnetite Project" in Saskatchewan, the company said on Friday.This project consists of 23,517 contiguous acres that directly borders Max Power Corp in Saskatchewan, said the company and added that it is prospective for iron and magnetite."This project has a massive footprint in a known area prospective for iron and magnetite," said Jason Gigliotti, President of Makenita Resources. "In certain situations when you have large iron formations that are rich in specific minerals, like magnetite, you can stimulate that iron formation to produce naturally occurring hydrogen. This project directly borders Max Power Corp (Maxx). With just over 30 million shares outstanding, any success in the ground would have a meaningful impact on the Company given such a small float. Management anticipates a very active remainder of the year on multiple projects and is very optimistic about the near- and mid-term outlook for Makenita."Shares of the company were last seen up $0.005 at $0.11 on the Canadian Securities Exchange.Price: $0.11, Change: $+0.01, Percent Change: +4.76%

$KENY.CN

Mining & Metals57d ago

Makenita Resources Begins Operations at the Sisson West Tungsten Project in New Brunswick

Makenita Resources (KENY.CN) launched exploration work at its Sisson West tungsten project in New Brunswick, the company said on Tuesday.A helicopter-based aeromagnetic/radiometric/VLF (very-low-frequency) survey on the entirety of Makenita's Sisson West tungsten project is now underway, said the company."It is great to finally be underway on this exciting project at a time when tungsten prices and demand are strong," said President, Jason Gigliotti. "With just over 30 million shares outstanding, any success in the ground would have a meaningful impact on the company given such a small float. Management anticipates a very active remainder of the year and is very optimistic about the near- and mid-term outlook for Makenita."Shares of the company were last seen down $0.005 to $0.095 on the Canadian Securities Exchange.Price: $0.10, Change: $-0.01, Percent Change: -5.00%

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