Metals Update 30/7/2020

American Mn contract lab receives specialty equipment

American Manganese Inc.’s contract research lab, Kemetco Research, has received the required specialty equipment to continue pilot plant optimization tests for recycling lithium-ion battery material. Following the previously reported optimization results in the June 9, 2020, press release, where pilot plant processing capacity was upgraded from 64 kilograms per day to 160 kg per day after a successful engineering upgrade.

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Canada Nickel drills 357 m of 0.33% Ni at Crawford

Canada Nickel Company Inc. has released the remaining assay results from the East zone and additional results from infill drilling on the Main zone at its Crawford nickel-cobalt sulphide project.

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Klondike Gold 2020 Lone Star Zone Drilling Results

VANCOUVER, BC / ACCESSWIRE / July 30, 2020 / Klondike Gold Corp. (TSXV:KG)(FRA:LBDP)(OTC PINK:KDKGF) (“Klondike Gold” or the “Company”) is pleased to announce results of Phase 1 diamond drilling at the Lone Star Zone (described in News Releases June 1, 2020 and July 7, 2020) on the Company’s wholly owned 586 square kilometer Klondike District Property, Yukon Territory. Phase 1 drilling tested for consistency in grade of gold mineralization and was designed to constrain the geometry and boundaries of gold mineralization. Information obtained from results will be used to prioritize next phases of drilling scheduled to commence in August.

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Bonterra Receives Approval and Plans to Increase the Bulk Sample at Moroy

Val-d’Or, Quebec–(Newsfile Corp. – July 30, 2020) – Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) (the “Company” or “Bonterra“) is pleased to announce an increase of 5,000 tonnes to its now 10,000 tonnes bulk sample currently underway at the Moroy Project.

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Superior Gold puts itself on the block

Effective at the close of business on July 31, 2020, Christopher Bradbrook will step down as Superior Gold Inc.’s president and chief executive officer. Mr. Bradbrook was the founder of the company and has been president and chief executive officer since its formation in 2017. Mr. Bradbrook will also tender his resignation as a director of the company. All dollar amounts are stated in U.S. dollars.

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Impact arranges $6-million private placement

Impact Silver Corp. has entered into an agreement with Red Cloud Securities Inc., as lead agent and sole bookrunner, on its own behalf and, if applicable, on behalf of a syndicate of agents, in connection with a best efforts private placement of units of the company at a price of 95 cents per unit for gross proceeds of up to $6,004,000.

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Anaconda Mining earns $1.98-million in Q2

Anaconda Mining Inc. has released its financial and operating results for the three and six months ended June 30, 2020. The condensed interim consolidated financial statements and management discussion & analysis documents can be found at http://www.sedar.com and the Company’s website, http://www.anacondamining.com. All dollar amounts are in Canadian dollars unless otherwise noted.

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Renaissance Gold to sell South Roberts

Renaissance Gold Inc. has entered into a purchase agreement with a private United States company on its South Roberts project in Eureka county, Nevada. Renaissance Gold will transfer 100-per-cent interest in the South Roberts property in exchange for a 1-per-cent net smelter return royalty interest on any future production from the SR claims and a 0.5-per-cent NSR interest on any future production from the RW claims.

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