Metals Update 17/02/2021

Canada Nickel Announces MacDiarmid Exploration Target – Approximately 15% Larger Than Crawford Main Zone

Highlights

  • Completion of regional geophysics and interpretation of historical drilling has yielded multiple targets including the MacDiarmid target in excess of 1.8 km long and an average of 400 metres wide – a similar quality target and approximately 15% larger than the size of original Crawford Main Zone discovery
  • Entire MacDiarmid target has now been acquired through a binding letter of intent with Noble Mineral Exploration to consolidate additional mining claims around entire target
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Falco Resources to Attend BMO Global Metals & Mining Conference and the Prospectors & Developers Association of Canada (PDAC)

MONTREAL, Feb. 17, 2021 (GLOBE NEWSWIRE) — Falco Resources Ltd. Falco” or the “Corporation”) (TSX-V: FPC) is pleased to announce that it will be participating in two upcoming conferences.

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GR Silver drills 2.5 m of 2,316 g/t AgEq at Plomosas

GR Silver Mining Ltd. has released results from the current drilling program in the San Juan area, as well as new sampling results from historic drilling, also at San Juan, within the 100-per-cent-owned Plomosas silver project in Sinaloa, Mexico.

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IsoEnergy Grants Stock Options

VANCOUVER, BC, Feb. 17, 2021 /CNW/ – IsoEnergy Ltd. (“IsoEnergy“) (TSXV: ISO) (OTCQX: ISENF) announces today that in connection with the appointment of Tim Gabruch as the Company’s President and Chief Executive Officer, Mr. Gabruch has been granted 250,000 incentive stock options (the “Options“).  The Options are exercisable at a price of $2.44, vest in three equal annual instalments commencing on the grant date and have a term of five years.  The Options were granted pursuant to the Company’s incentive stock option plan and are subject to regulatory approval.

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FenixOro Closes Private Placement With Significant Shareholders

TORONTO, Feb. 17, 2021 (GLOBE NEWSWIRE) — FenixOro Gold Corp. (CSE: FENX; OTCQB: FDVXF; Frankfurt: 8FD) is pleased to announce that it has closed its non-brokered private placement (the “Private Placement”), previously announced on February 2, 2021. The Company has issued a total of 3,495,216 Units (“Units”) at a subscription price of $0.30 per Unit for gross proceeds of $1,048,564. The Private Placement has been subscribed for by a small number of significant shareholders of the Company. Each Unit consists of one common share of the Company and one whole common share purchase warrant, with each warrant being exercisable for one additional common share at an exercise price of $0.35 for a period of two years from the date of issuance. All securities issued pursuant to the Private Placement are subject to a statutory hold period of four months and one day from the date of issuance.    The Company intends to use the net proceeds of the Private Placement to continue its Phase 1 drilling program at the Abriaqui Project and for general working capital purposes.

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Aftermath Silver Announces Commencement of Work at Challacollo Silver-Gold Project, Chile

Vancouver, British Columbia–(Newsfile Corp. – February 17, 2021) – Aftermath Silver Ltd. (TSXV: AAG) (OTCQB: AAGFF) (the “Company” or “Aftermath Silver”) is pleased to announce that field work has commenced at the Challacollo Silver-Gold project in northern Chile. Field crews have commenced cutting and sampling 3,200 metres of previously unsampled historic core.

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American Manganese Inc. Grants Stock Options

SURREY, BC / ACCESSWIRE / February 17, 2021 / American Manganese Inc. (“American Manganese” or the “Company”), (TSXV:AMY)(OTC PINK:AMYZF)(FSE:2AM), reports that the Company has granted 5,950,000 incentive stock options to certain of its directors, officers and consultants. The options are exercisable at a price of $2.63 per share for a five-year term. Any shares issued on the exercise of these stock options will be subject to a four- month holding period from the date of the grant. The stock option grants are subject to acceptance by the TSX Venture Exchange

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