Metals Update 3/9/2020

Golden Predator acquires 20% of Group 11

Golden Predator Mining Corp. has entered into final agreements for a 20-per-cent ownership position in Group 11 Technologies Inc., a United States-based private company committed to testing and implementing non-invasive in situ recovery (ISR) of precious metals with the use of environmentally friendly solutions. Effective August 28th, 2020 Group 11 has finalized all necessary Organizational, Shareholder, and Licensing documentation with its founding partners and will now commence formal operations.

Read More

Alpha Lithium closes $5.75-million bought deal

Alpha Lithium Corp. has closed a bought deal financing, resulting in $5.75-million in proceeds. The undertaking consisted of a $5-million financing with a 30-day $750,000 overallotment option, which the underwriter immediately exercised to fulfill demand.

Read More

Abraplata drills 22 m of 4.22 g/t Au at Diablillos

Abraplata Resource Corp. has released assay results from two diamond drill holes, DDH 20-002 and DDH 20-003, completed at the Oculto deposit, located on its wholly owned Diablillos property in Salta province, Argentina. The holes were designed to test the deeper gold zone, and continuing drilling will include testing of the shallower silver-rich zone.

Read More

Impact Silver 10,049,096-share private placement

The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced July 30, 2020, and Aug. 5, 2020.

Read More

Maple Gold 27,941,173-share private placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement as announced in news releases dated July 23, 2020, and July 29, 2020.

Read More

Canada Silver closes on further $50,000 in placement

Further to the news release dated Sept. 1, 2020, Canada Silver Cobalt Works Inc. has increased and closed on an additional $50,000, bringing the total funds raised in all tranches to $6,743,730.

Read More

Garibaldi appoints Hanson director; Scott resigns

Garibaldi Resources Corp. has appointed Jeremy Hanson to its board of directors. Jeremy has played an instrumental role in the discovery and development of the Company’s flagship E&L nickel-copper-cobalt project in Northwest British Columbia.

Read More

IsoEnergy intersects U mineralization at Larocque

IsoEnergy Ltd. has released new intersections of strong uranium mineralization in the initial drill holes of the summer campaign at the Hurricane zone. The Hurricane zone is a recent discovery of high-grade uranium mineralization on the Company’s 100% owned Larocque East property (the “Property”) in the Eastern Athabasca Basin of Saskatchewan (Figure 1).

Read More

OTC Markets Group Welcomes Regulus Resources Inc. to OTCQX

NEW YORK, Sept. 3, 2020 /PRNewswire/ — OTC Markets Group Inc. (OTCQX: OTCM), operator of financial markets for over 11,000 U.S. and global securities, today announced Regulus Resources Inc. (TSX-V: REG; OTCQX: RGLSF), a Canadian mineral exploration company with operations in Peru, has qualified to trade on the OTCQX® Best Market.

Read More

Anaconda drills three m of 16.79 g/t Au at Goldboro

Anaconda Mining Inc. has released initial drill results from the 5,500-metre drill program announced on June 10, 2020, at its 100-per-cent-owned Goldboro gold project in Nova Scotia, Canada. The drill program was designed to convert priority inferred mineral resources, considered proximal to planned development in the continuing feasibility study, into indicated mineral resources. To date, the drill program has included 4,860 metres of diamond drilling in 20 holes with assays returned for 10 holes, including holes BR-20-105 to BR-20-114.

Read More

General Moly signs LOI to sell Liberty project

On Sept. 1, 2020, General Moly Inc. entered into a binding letter of intent with Pathfinder Minerals LLC, a Nevada corporation, for the sale by the company of Liberty Moly LLC and all assets owned by the company that constitute the Liberty project. Pathfinder paid the Company $1,000,000 in cash upon execution of the letter of intent. Upon execution of a definitive Purchase Agreement and transfer of title on or before September 15, 2020, Pathfinder will make an additional payment of $1,000,000 to the Company.

Read More

Moneta releases historical results from Golden Highway

Moneta Porcupine Mines Inc. has released results from historical drilling along the new South basin trend, including the South BIF target, on the company’s Golden Highway project, 110 kilometres east of Timmins, Ont.

Read More

Lithium Chile Announces 26 gms/tonne Gold and 256 gms/tonne Silver from Initial Programme on Its 100% Owned Carmona Property

Calgary, Alberta–(Newsfile Corp. – September 3, 2020) – Lithium Chile Inc. (TSXV: LITH) (OTC Pink: LTMCF) (“Lithium Chile” or the “Company“) is pleased to announce it has received assay results from the first batch of samples taken from its 100% owned Carmona gold silver property. These initial sample results support the potential for Carmona to host a number of gold/silver bearing zones. There were a number of high-grade intercepts identified from this initial sampling program. The highlights are as follows:

Read More

Kincora provides update on expanded drilling program at Trundle

Kincora provides update on expanded drilling program at Trundle

Read More

Auryn Resources completes Sombrero purchase

Auryn Resources Inc. has completed the purchase of six Sombrero copper-gold concessions in southern Peru that had been optioned in 2016 from Alturas Minerals SA. The final option payment of US$5,000,000 due to Alturas was reduced to approximately US$3,000,000 in consideration of early exercise of the option. Payment will be made through the issuance of 1,100,000 Auryn common shares negotiated at C$2.90 and US$621,466 in cash. The shares are subject to a 4-month resale restricted period in Canada and will not be registered in the United States.

Read More

Leave a Reply