Metals Update 19/01/2021

Roscan Gold drills 30 m of 2.96 g/t Au at Kabaya

Roscan Gold Corp. has released positive diamond and RC drill results from 23 holes totalling 4,158 metres at its Kabaya target with multiple holes intersecting high gold grades over wide intervals. Drill hole DDDBS20-008 intersected 2.96 grams per tonne over 30 metres starting from surface. Drill hole DDDBS20-009 intersected 2.38 g/t gold over 20 m from 46 m. Drill hole DDDBS20-006 intersected 2.66 g/t over 17 m from 166.2 m and hole DDDBS20-14 ended in gold mineralization at 247.2 m depth.

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Anaconda drills 14.5 m of 1.86 g/t Au at Goldboro

Anaconda Mining Inc. has released final drill results from its completed infill drill program at its 100-per-cent-owned Goldboro gold project in Nova Scotia, Canada. The drill program comprised 17,941.7 metres of diamond drilling and was designed to convert priority inferred mineral resources to measured and indicated mineral resources of the Goldboro deposit as part of a mineral resource update anticipated for the first quarter of 2021 and as part of the continuing feasibility study.

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Freeman Gold begins metallurgical testwork at Lemhi

Freeman Gold Corp. has commenced metallurgical testwork on its 100-per-cent-owned Lemhi gold project located in Idaho, United States. This work is part of Freeman’s integrated technical program to advance towards a production decision. A comprehensive review of the historical information and test work conducted by previous operators has been completed. Freeman’s metallurgical team has designed a test work program to follow-up and enhance gold recoveries, ultimately leading to a project flowsheet for the Lemhi Project. The Company is utilizing samples from both historical and fresh drill core from the 2020 exploration drill program.

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Superior Gold appoints Marantelli as director

Superior Gold Inc. has appointed Damien Marantelli to its board of directors.

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Alpha Li receives Tollilar phase 2 drilling licences

ALPHA LITHIUM RECEIVES DRILLING LICENSE FOR PHASE TWO OF DRILLING AT TOLILLAR LITHIUM PROJECT IN ARGENTINA Alpha Lithium Corp. has received approval and drilling licences for phase 2 of its three-phase drilling program on Alpha’s 100-per-cent-owned, 27,500-hectare Tolillar salar.

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Highgold Mining 1.85-million-share private placement

The TSX Venture Exchange has accepted for filing documentation with respect to a brokered private placement announced Dec. 15, 2020.

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Osisko Metals 4,120,250-share private placement

The TSX Venture Exchange has accepted for filing documentation with respect to a non-brokered private placement announced Dec. 10, 2020.

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