Metals Update 01/03/2021

Evergold investor Greig acquires 125,000 shares

This news release is being issued in connection with the filing of an early warning report pursuant to the requirements of National Instrument 62-103 (the Early Warning System and Related Take-Over Bid and Insider Reporting Issues), regarding the change in ownership and control of common shares of Evergold Corp. by Charles Greig.

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Euro Sun releases DFS for Colnic, Rovina open pits

Euro Sun Mining Inc. has released the positive results of the definitive feasibility study (DFS) on the Colnic and Rovina open pits — the initial phase of development of its Rovina Valley gold and copper project in Romania. Along with the DFS, the Company is also providing an updated mineral resource estimate for the Rovina Valley Project incorporating current metal prices and operating parameters. All amounts are in US dollars unless otherwise indicated.

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Horizonte appoints Drake as head of projects

Horizonte Minerals PLC has appointed Michael Drake as head of projects.

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Superior Gold drills 8.8 m of 13.7 g/t Au at Plutonic

Superior Gold Inc. has released positive drill results from its new underground diamond drill program that commenced in December, 2020, at its 100-per-cent-owned Plutonic gold mine in Western Australia.

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REPEAT – Euro Sun Announces Robust Definitive Feasibility Study for the Rovina Valley Gold-Copper Project in Romania

2021-03-01 07:00 ET – News Release

  • Average annual gold equivalent production of 146,000ounces over first 10 years at an average AISC of $790/gold equivalent ounce
  • Total initial capex of $399 million
  • Pre-tax Net Present Value of $447 million; IRR of 21.3% at $1,550/oz gold and $3.30/lb copper
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GoviEx Uranium: Invitation to Red Cloud’s 2021 Pre-PDAC Mining Showcase

Toronto, Ontario–(Newsfile Corp. – March 1, 2021) – GoviEx Uranium (TSXV:GXU) is pleased to announce that the company will be presenting at Red Cloud’s 2021 Pre-PDAC Mining Showcase. We invite our shareholders and all interested parties to join us there.

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Troilus Gold Corp. Announces Participation in Red Cloud’s 2021 Pre-PDAC Mining Showcase

Toronto, Ontario–(Newsfile Corp. – March 1, 2021) – Troilus Gold Corp. (TSX: TLG) is pleased to announce that the company will be presenting at Red Cloud’s 2021 Pre-PDAC Mining Showcase. We invite our shareholders and all interested parties to join us there.

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Southern Silver Exploration Announces Participation in Red Cloud’s 2021 Pre-PDAC Mining Showcase

Toronto, Ontario–(Newsfile Corp. – March 1, 2021) – Southern Silver Exploration (TSXV: SSV) is pleased to announce that the company will be presenting at Red Cloud’s 2021 Pre-PDAC Mining Showcase. We invite our shareholders and all interested parties to join us there.

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New High Grade Gold Potential at Beartrack-Arnett

TORONTO, March 01, 2021 (GLOBE NEWSWIRE) — RevivalGoldInc.(TSXV:RVG,OTCQB:RVLGF) (“Revival Gold” or the “Company”), is pleased to announce the results of a new appraisal of drill results and the recognition of a high-grade core of gold mineralization that is being evaluated for its underground potential at the past-producing Beartrack-Arnett Gold Project (“Beartrack-Arnett”) located in Idaho, USA.

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Copper Fox files Van Dyke PEA on SEDAR

Copper Fox Metals Inc. has filed on SEDAR a National Instrument 43-101 technical report titled “NI 43-101 Preliminary Economic Assessment Technical Report for the Van Dyke Copper Project” dated Feb. 26, 2021, prepared by Moose Mountain Technical Services (MMTS) and Ausenco. The results of the Preliminary Economic Assessment (“PEA”) for the Van Dyke project were disclosed in a previous news release dated January 12, 2021.

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Kincora plans Australian Stock Exchange listing

Kincora Copper Ltd. has lodged a prospectus with the Australian Securities and Investments Commission (ASIC) in relation to its proposed dual listing on the Australian Securities Exchange (ASX).

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Nighthawk pegs Indin Lake at 2.25M oz Au indicated

Nighthawk Gold Corp. has provided an updated mineral resource estimate (the 2021 MRE), on the 100-per-cent-owned Indin Lake gold property, located 200 kilometres north of Yellowknife, NWT, Canada. The 2021 MRE builds upon the 2020 Mineral Resource Estimate (Iund et al, 2020)("2020 MRE"), and includes additional drilling completed in 2020. The Company also provides an outlook for exploration, including identified drill targets.

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Bonterra Improves Mineralized Continuity and Expands Gold Bearing Structure to the East at Barry

Val-d’Or, Quebec–(Newsfile Corp. – March 1, 2021) – Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) (“Bonterra” or the “Company“) is pleased to announce an update on results from the ongoing drilling campaign at the Barry project. These results encompass 16 diamond drill holes for 6,322 metres (“m“), of which seven holes were infill and nine holes were expansion. The Company is currently drilling at a rate of approximately 10,000 m per month and plans a mineral resource estimate update for Q2/21 (“2021 Resource Update“), which is expected to incorporate approximately 130,000 m of new drilling information. In addition, work on the the Preliminary Economic Assessment (“PEA“) is currently underway and is expected to be completed in the fall of 2021.

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Canada Nickel Company Announces Participation in Red Cloud’s 2021 Pre-PDAC Mining Showcase

Toronto, Ontario–(Newsfile Corp. – March 1, 2021) – Canada Nickel Company (TSXV: CNC) is pleased to announce that the company will be presenting at Red Cloud’s 2021 Pre-PDAC Mining Showcase. We invite our shareholders and all interested parties to join us there.

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