Metals Update 10/02/2021

Eclipse Gold Receives Final Court Order Approving Plan of Arrangement with Northern Vertex and Announces Security Holder Voting Results

VANCOUVER, BC, Feb. 9, 2021 /CNW/ – Eclipse Gold Mining Corporation (“Eclipse”) (TSXV: EGLD) (OTC: EGLPF) and Northern Vertex Mining Corp. (“Northern Vertex”) (TSXV: NEE) (OTC-NASDAQ Intl: NHVCF) are pleased to announce that Eclipse has received a final order (the “Final Order“) from the Supreme Court of British Columbia approving the previously announced plan of arrangement (the “Transaction“) between Eclipse and Northern Vertex pursuant to which Northern Vertex will acquire all of the issued and outstanding common shares of Eclipse. Pursuant to the Transaction, Eclipse shareholders will be entitled to receive 1.09 common shares of Northern Vertex in exchange for each common share of Eclipse held. Please see the joint news releases of Northern Vertex and Eclipse dated December 7, 2020, December 21, 2020 and January 14, 2021 for further details regarding the Transaction, as well as Eclipse’s management information circular dated December 30, 2020 available under Eclipse’s corporate profile on SEDAR at www.sedar.com.

Read More

Fiore Gold touts Pan’s safety accomplishment

Fiore Gold Ltd.’s Pan mine has achieved one million hours worked without a lost-time injury. Our safety and environmental performance is a reflection of our team’s commitment to responsibly and positively impacting the communities where we operate. Our employees' continued efforts have allowed us to extend our mine life at Pan, while operating in a safe and sustainable manner. We look forward to continuing to invest in Nevada and anticipate investing approximately $20.0 million in capital expenditures to advance our Gold Rock project and expand operations at Pan this fiscal year. This investment reflects our confidence in our Nevada team and the support of the local community.

Read More

Millrock and Partner Felix Gold Expand Fairbanks Gold District Claim Footprint and Complete Airborne Geophysical Surveys at Treasure Creek Project, Alaska

Highlights

  • 208 State of Alaska mining claims have been staked to cover areas prospective for gold mineralization.
  • Land holdings in the Fairbanks Gold District now cover approximately 20,200 hectares.
  • Plans are being made to begin rotary drilling at the Treasure Creek project to test for extensions of gold discoveries made by prior workers.
  • An airborne magnetic survey was completed over the Treasure Creek project. Gold-bearing structures are traced.
Read More

Maple Gold Intersects New Sulfide System with Gold and Silver Showings at Regional NE IP Target; Winter 2021 Drill Program Underway at Douay

Vancouver, British Columbia–(Newsfile Corp. – February 10, 2021) – Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) (“Maple Gold” or the “Company“) is pleased to report that initial assay results from the first two holes drilled at the regional Northeast IP Target (“NE IP Target”) in its Fall 2020 drill campaign at the Douay Gold Project have returned several anomalous gold and silver intercepts indicating the presence of a new sulfide-rich hydrothermal system. The Company also announces that drilling is underway on a planned 10,000-metre Winter 2021 drill campaign. The Douay Gold Project is part of a 50/50 Joint Venture (the “JV”) between Maple Gold and Agnico Eagle Mines Limited (“Agnico”) and is located in Quebec, Canada.

Read More

Leave a Reply