Metals Update 4/9/2020

Lithium Chile samples up to 26 g/t Au at Carmona

Lithium Chile Inc. has received assay results from the first batch of samples taken from its 100-per-cent-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.

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Kincora Copper gets permits for 17 holes at Trundle

Kincora Copper Ltd. has provided an exploration update following the recent successful equity placement and site visit review by senior team members. The Company has obtained permits for a further 17 drill holes and has renewed landowner access agreements. Kincora also reports further drilling encouragement at the Mordialloc prospect in our search for the high-grade core of a porphyry copper-gold system at the Trundle brownfields project located in the Macquarie Arc of the Lachlan Fold Belt in NSW, Australia.

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Regulus Resources begins trading on OTCQX

Regulus Resources Inc.’s common shares commenced trading on the OTCQX Best Market, a top-tier public market in the United States, under the symbol RGLSF. Regulus will continue to trade on the TSX Venture Exchange under the symbol “REG”. U.S. investors can find current financial disclosure and Real-Time Level 2 quotes for the Company at http://www.otcmarkets.com.

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Globex talks drill results on Kewagama royalty holding

On Sept. 2, 2020, Radisson Mining Resources released the results of recent drilling on its O’Brien project near Cadillac, Que., including high-grade gold intercepts on the Kewagama gold mine portion of the project on which Globex Mining Enterprises Inc. holds a 2-per-cent net smelter return royalty.

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Noront shareholders approve matters at annual meeting

Noront Resources Ltd. has released the voting results of the annual and special meeting of shareholders held on Sept. 3, 2020. Shareholders voted in favour of the election of all director nominees. The percentage of votes cast for each director is as shown in the attached table.

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Millrock Resources hires Cross as CFO

Millrock Resources Inc. has engaged Dave Cross as the new chief financial officer of the company.

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Golden Predator arranges $1.7-million private placement

Golden Predator Mining Corp. has arranged a non-brokered private placement of up to 4.25 million flow-through shares at a price of 40 cents per share. The proceeds of the private placement will be applied to the company’s Brewery Creek project and general working capital. Closing of the private placement is subject to TSX Venture Exchange approval. The company has engaged Clarus Securities Inc. and PowerOne Capital Markets Ltd. as financial advisers in connection with the offering and will pay fees on a portion of the offering.

HPQ-Silicon 4.5-million-share private placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement.

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Canada Silver 12,261,327-unit private placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Sept. 2, 2020.

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American Manganese lab increases recycling capacity

American Manganese Inc.’s contract research lab, Kemetco Research, has further optimized the processing capacity of the pilot plant’s preleach stage from 160 kilograms per day to 292 kg per day of lithium-ion battery cathode scrap material. The preleach stage is where the cathode active material — comprising lithium, nickel, manganese and cobalt — is separated from the aluminum foil. The improvement can be attributed to the specialized pieces of equipment announced in the July 30, 2020, press release.

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