Metals Update 22/02/2021

Blue Lagoon CEO Vig boosts holding to 4.5%

Blue Lagoon Resources Inc.’s president and chief executive officer, Rana Vig, has added one million shares to his holdings of Blue Lagoon, bringing his total to 3,264,268 shares, representing approximately 4.5 per cent of the company’s total issued and outstanding common shares.

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Revival drills 45.7m of 2.29 g/t Au at Beartrack-Arnett

Revival Gold Inc. has released results from the final 10 holes of the company’s 2020 drilling program at the Beartrack-Arnett gold project located in Idaho.

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GoviEX appoints Seetaroo, Krafft to board

After many years of commitment and support for the company and its stakeholders, Matthew Lechtzier and Robert Hanson have decided to retire from GoviEX Uranium Inc.’s board of directors.

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Generation Mining Appoints Jennifer Wagner to Its Board of Directors

Toronto, Ontario–(Newsfile Corp. – February 22, 2021) – Generation Mining Limited (TSX: GENM) (OTCQB: GENMF) (“Gen Mining” or the “Company“) is pleased to announce the appointment of Jennifer Wagner to the Company’s Board of Directors. The appointment of Ms. Wagner increases the board to eight members, five of whom are independent of management.

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Metals & Mining Investor Conference Presentations Now Available for On-Demand Viewing

Individual and institutional investors as well as advisors are invited to log-on to VirtualInvestorConferences.com to view presentations

NEW YORK, Feb. 22, 2021 /CNW/ – Virtual Investor Conferences, the leading proprietary investor conference series and co-sponsor Amvest Capital, today announced that the presentations from the February Metals & Mining Virtual lnvestor Conference are now available for on-demand viewing.

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Frontier Lithium Hires Lithium Expert Dr. Naizhen Cao as Vice President of Technology

SUDBURY, ON, Feb. 22, 2021 /CNW/ – Frontier Lithium Inc. (TSXV: FL) (OTCQB: LITOF) (FSE: HL2) is pleased to announce the hiring of Dr. Naizhen Cao as Vice President Technology. Dr. Cao is an industry veteran having worked both in China and Canada as senior technical leader with expertise in lithium and battery materials. During his career, he held several key positions within the lithium industry including: Chief Scientist at Tianqi Lithium, a global lithium producer, where he managed the Technical Division and established the Key Lab of Lithium resources and lithium materials of the Sichuan Province of China. In addition, Dr. Cao launched and led key project on lithium materials production. Most recently Dr. Cao was Chief Technology Officer for a subsidiary of CATL, where he participated in all aspects of lithium mining and concentrate production. Mr. Cao published more than 50 scientific papers and filed more than 60 patents with particular proficiency in battery materials with specific focus on lithium chemicals and metal/alloys. Dr. Cao holds a Ph.D., from Tsinghua University, China, in Materials Science and engineering and held a Postdoc at Laval University, Canada in Chemical Engineering.  

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Atico Restarts Mining Operations at El Roble, Intercepts Massive Sulfide Extension at La Plata and Provides Exploration plans for 2021

VANCOUVER, British Columbia, Feb. 22, 2021 (GLOBE NEWSWIRE) — Atico Mining Corporation (the “Company” or “Atico”) (TSX.V: ATY | OTC: ATCMF) reports that the final systems inspection at the El Roble mine was successful and ramp up to steady state throughput has been attained. The Company is also reinitiating its plans for an aggressive exploration campaign at both projects with a budget of up to 30,000 meters of drilling for 2021.

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Goldsource Announces Updated Mineral Resource Estimate for Eagle Mountain Project; MRE Expanded to 848,000 Ounces of Gold (Indicated Resource) and 868,000 Ounces of Gold (Inferred Resource)

Vancouver, British Columbia–(Newsfile Corp. – February 22, 2021) – Goldsource Mines Inc. (TSXV: GXS) (OTCQB: GXSFF) (FSE: G5M) (“Goldsource” or the “Company”) is pleased to announce the results of an updated Mineral Resource Estimate (“MRE”) for its 100%-owned Eagle Mountain Gold Project (“Project”) in Guyana, South America. Details of the Mineral Resource Estimate, which include the Eagle Mountain and Salbora deposits, will be provided in a Technical Report prepared in accordance with National Instrument 43-101 (“NI 43-101”) filed under the Company’s SEDAR profile within 45 days of the release with an effective date of February 17, 2021. The updated MRE was prepared by CSA Global (“CSA”) in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (“CIM”) Definition.

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FenixOro Identifies Potential Bulk Tonnage Exploration Target at Abriaqui

TORONTO, Feb. 22, 2021 (GLOBE NEWSWIRE) — FenixOro Gold Corp (CSE:FENX, OTCQB:FDVXF, Frankfurt:8FD) is pleased to announce the recently received results of additional infill sampling of core from drill holes P001 – P004. The eight-hole, 4029 meter Phase 1 drilling program has been finished at Abriaqui and final assays are awaited for holes P005 – P008. Highlights of the new results include:

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GR Silver Mining begins San Marcial geophysics program

GR Silver Mining Ltd. has undertaken the first-ever ground geophysical program on the San Marcial project, located in Sinaloa, Mexico. The program is centered on the San Marcial Resource Area and will incorporate a 3D Induced Polarization (“IP”) survey as well as ground magnetometry.

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FPX Nickel to hold webinar Feb. 24

FPX Nickel Corp. will be participating in Renmark Financial Communications Inc.’s live Virtual Non-Deal Roadshow Series to provide a company overview and discuss its 2021 plans on Wednesday, Feb. 24, 2021, at 4 p.m. ET. FPX welcomes stakeholders, investors and other individual followers to register and attend this live event.

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