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Arctic Star $ADD.ca Further Increases Financing to $1.3M $RIO $DIAM.ca $NAR.ca $MPVD.ca

Posted by AGORACOM-Eric at 2:10 PM on Wednesday, February 24th, 2021
Arctic star logo
  • Arctic Star Announces Further Increase To Non-Brokered Private Placement
  • Amended the terms of its previously announced financing described in its press releases of Feb. 2, 2021, Feb. 4, 2021, and Feb. 19, 2021
  • Issue up to 26 million units for gross proceeds of up to $1.3-million.

Arctic Star Exploration Corp. has amended the terms of its previously announced financing described in its press releases of Feb. 2, 2021, Feb. 4, 2021, and Feb. 19, 2021. The company previously disclosed that it would issue up to 17 million units at a price of five cents per unit for gross proceeds of $850,000. Due to further increased demand, the company has increased the number of units to be issued, such that it will issue up to 26 million units for gross proceeds of up to $1.3-million.

Each unit will comprise one common share in the capital of the company and one non-transferable share purchase warrant. Each warrant will entitle the holder to purchase one additional share in the capital of the company for a period of 24 months from the closing date at an exercise price of 10 cents.

All securities will be subject to a four-month hold period from the closing date. The private placement is subject to TSX Venture Exchange approval.

The company intends to use the proceeds from the private placement for exploration on the Diagras diamond project and for general working capital.

Fabled $FCO.ca Drills 12.50 Meters of 85.30 g/t Ag and 0.49 g/t Au with 1.80 Meters Grading 214.00 g/t Ag and 1.08 g/t Au at Santa Maria $RDU.ca $KTN.ca $GMBXF $EDR.ca

Posted by AGORACOM-Eric at 9:27 AM on Wednesday, February 24th, 2021
  • Results for 3rd diamond drill hole from on-going 8,000 meter drill program
  • Santa Maria structure identified from surface to -350 meters vertically
  • 12.50 Meters of 85.30 g/t Ag and 0.49 g/t Au
  • Results support the expansion of Santa Maria and increasing the present NI 43-101 resources

Fabled Silver Gold Corp. (TSXV: FCO) (OTC Pink: FBSGF) (FSE: 7NQ) (“Fabled” or the “Company”)  is pleased to announce the third diamond drill hole from the on-going 8,000 meter drill program on the Santa Maria Property in Parral, Mexico.

Peter J. Hawley, CEO and President, remarks, “The recent drill hole concludes the first ever complete drill section on the newly interpreted Santa Maria structure and clearly defines the structure from surface to -350 meters vertically, which is the deepest hole ever drilled on the property. The 12.50 meter intersection has clearly defined a footwall and hanging wall structure with corresponding elevated silver values up to over 7 ounces of silver and remains open at depth. More importantly, the structure is very conformable and intersected exactly where predicted, which bodes very well for the expansion of Santa Maria and increasing the present NI 43-101 resources on the property with only 3 drill holes drilled to date.”

Peter Hawley continues, “The data being obtained from this fence of drill holes will not only target adding silver ounces to the overall resource but also allow us to interpret and model the behavior of this robust mineralized system for future drilling as we expand outwards from the present resource.”

Table 1: Drill Hole Intercepts

Hole NoFrom (meters)To
(meters)
Width (meters)Au g/tAg g/t
SM20-003349.50362.0012.500.4985.30
Including349.50351.802.300.20123.10
Including357.40362.004.600.81128.49
 357.40359.201.801.08214.00
 361.30362.000.701.52230.00

Drill holes SM20-01, SM20-02 and SM20-03 are drilled on the same section with holes 02 and 03 targeting the sulphide intercept of the Santa Maria vein and structure.

Drill hole SM20-02 was drilled at an angle of -65 degrees for a total hole depth of 232 meters. Drill hole SM20-03 was stationed 75 meters behind the drill station for holes 01-02 and drilled at an angle of -75 degrees for a total depth of 375 meters.

The Company has completed drill holes SM20-01 – 07 for a total of 1,895 meters. Holes SM20-04 – 06 have been sampled and submitted to ALS Chihuahua Laboratory for analysis. Hole SM 20-08 is in progress.

Read More: https://agoracom.com/ir/FabledSilverGold/forums/discussion/topics/755967-fabled-drills-12-50-meters-of-85-30-g-t-ag-and-0-49-g-t-au-with-1-80-meters-grading-214-00-g-t-ag-and-1-08-g-t-au-at-santa-maria/messages/2305113#message

VIDEO – Beauce Gold $BGF.ca Discovers 60 Year Old Treasure of 344 Missing Drill Logs Worth Millions $KG.ca $OSK.ca $TIG.ca $GSR.ca $ATC.ca $WGO.ca $OR.ca $KGC.ca

Posted by AGORACOM-JC at 4:01 PM on Tuesday, February 23rd, 2021

You never know where the path to discovery is going to take you. Join in for the moment with Patrick Levasseur, President and CEO of Beauce Gold Fields (BGF:TSXV) and his incredible story tracking down over 344 old drill logs from their St-Simon-Les-Mines Gold project, site of Canada’s first gold rush.

It is a treasure find of epic exploration proportions. Not only are the drill core logs and related documents of historical significance for the greater placer story and future development; the information gathered would cost millions of shareholder dollars to generate today.

The find could very well be the catalyst for the first diamond drill program in the area in over 100 years. Beauce intends to test their exploration theory in search of the mother lode that supplied the original placer gold rush.

Watch this great interview with Beauce Gold CEO Patrick Levasseur to hear this great story and why Beauce is exploring such a historically significant project.

Manitou Gold $MTU Provides Exploration Update on its 100% Owned Goudreau Project $AGI.ca $OIII.ca $AR.ca $WDO.ca

Posted by AGORACOM-Eric at 8:10 AM on Tuesday, February 23rd, 2021
  • Ongoing 10,000 m drill program along the southeastern segment of the Baltimore deformation zone
  • Focus of continued drilling is 10km of strike length along the BDZ
  • BDZ remains largely unexplored with only 4,400 m of historic drilling for gold
  • A 2nd diamond drill is testing new targets along 4km of the BDZ

Manitou Gold Inc. (TSX-V: MTU) (the “Company” or “Manitou”) today provided an update on its ongoing 10,000 m drill program along the southeastern segment of the Baltimore deformation zone (the “BDZ”). Additionally, the Company has commenced a 300 line kilometer ground geophysical survey covering an additional 10 kilometers of strike length along the BDZ, which will be the focus of continued drilling.

The BDZ is an emerging crustal scale structural corridor that is the extension of the prolific Goudreau-Localsh deformation zone (the “GLDZ”), which hosts the majority of gold deposits in the northeastern Michipicoten greenstone belt. The BDZ is centrally located in the eastern half of the Company’s land package, which covers nearly 350 square kilometers.

Highlights:

  • The BDZ represents a crustal-scale fault system that is the key target for orogenic gold mineralization and the extension of the Goudreau-Localsh deformation zone, which hosts two multi-million ounce gold deposits.
  • The GLDZ has been tested with more than 1,000,000 m of diamond drilling for gold, whereas the BDZ remains largely unexplored with only 4,400 m of historic drilling for gold:

○ The cumulative drilling along GLDZ resulted in the discovery of 6 orebodies to date;

○ Recent results with intercepts of up to 15 m grading 1.5 g/t Au, including 5.3 m at 2.7 g/t Au in hole MTU-20-56 demonstrate that the BDZ is a fertile corridor for orogenic gold deposits;

○ The BDZ on Manitou ground covers an equivalent length and area as the GLDZ and provides abundant opportunity for discovery of multiple gold deposits.

  • The “Main Shear”, which dominates the central corridor of the BDZ and hosts the Stover zone, has been confirmed by drilling to be continuous for over 2 km:

○ Two step-out holes located approximately 600 m west and 1,200 m east along strike of hole MTU-20-49 (39.9 m at 0.5 g/t) display zones of deformation, alteration and mineralization similar to that of the Stover zone (assay results pending);

○ The Stover zone remains open in all directions; additional drilling to test for higher grade shoots is ongoing. The target mineralized zone has been intersected in three recent drill holes, for which assays are pending;

○ A second diamond drill is testing new targets along a 4 km portion of the BDZ.

Read More: https://agoracom.com/ir/ManitouGold/forums/discussion/topics/755875-manitou-gold-provides-exploration-update-on-its-100-owned-goudreau-project/messages/2304882

St-Georges Eco-Mining $SX $SXOOF Reports on Initial Battery Recovery Test Results $NNX.ca $OM.ca $ICM.ca $ATAO

Posted by AGORACOM-Eric at 9:14 AM on Monday, February 22nd, 2021
  • Initial tests on lithium-ion batteries successful in the recovery of lithium, nickel and cobalt found as a coating on aluminium foil in the core of the batteries.
  • Leached more than 99% of the cobalt and of the nickel contained in the batteries.

St-Georges Eco-Mining Corp. (CSE:SX) (OTC:SXOOF) (FSE: 85G1) (CNSX:SX.CN) is pleased to disclose that its initial tests conducted on an array of lithium-ion batteries have been successful in confirming that the selective leach, conducted with its proprietary blend of acids, allows for the recovery of the lithium, nickel and cobalt that are found as a coating on aluminium foil in the core of the batteries.

The Company’s metallurgical team was able to leach more than 99% of the cobalt and of the nickel contained in the batteries. Furthermore, the aluminium foil used to hold the different metals in the batteries’ core remains intact and can be recycled.  

Company scientists are comfortable that the results obtained on these metals are repeatable and should scale. Initial lithium test results have been in line with expectations and require additional tests at scale prior to disclosure. These additional tests are ongoing, and results are expected sometime in March.

Fig. 1 The metals in solution, to the left the lithium / cobalt circuit, to the right the nickel copper circuit.

For testing, batteries were dismantled at the Company’s contracted pilot plant facility, CIMMS, under the supervision of qualified chemists and metallurgists. Enrico Di Cesare, St-Georges VP Research & Development, established the protocol and supervised the process. The batteries were dismantled manually, and the cores were immersed in St-Georges’ proprietary leach solution for 30 minutes. The Company expects to optimize and reduce this exposure duration with the aim of bringing it closer to the 5 min leach time required by the Nevada clays. Aluminium was taken out of the solution in its solid form and set aside. No test for residues was conducted on the aluminium in the preliminary tests. Metals were then targeted for recuperation in solution. The powders obtained were tested on-site and sent for independent testing by CIMMS

Read More: https://agoracom.com/ir/St-GeorgesEco-Mining/forums/discussion/topics/755797-st-georges-reports-on-initial-battery-recovery-test-results/messages/2304710#message

St-Georges $SX $SXOOF Receives a Letter of Intent & Feasibility Study Partnership Proposal from Regional Industrial Development Agency $NNX.ca $OM.ca $ICM.ca $ATAO

Posted by AGORACOM-Eric at 8:51 AM on Wednesday, February 17th, 2021
  • Received formal offer to enter into a partnership to complete a feasibility study on a proposed site and plant to start EV battery recycling operations in 2021
  • Initiative to recover and recycle key materials from EV batteries in an ecologically sound manner

St-Georges Eco-Mining Corp. (CSE:SX) (CNSX:SX.CN) (OTC:SXOOF) (FSE:85G1) has received a formal offer to enter into a partnership to complete a feasibility study on a proposed site and plant in Baie-Comeau, Québec, where the company could start its EV battery recycling operations in 2021.

The Letter of Intent received on February 16, 2021, from Innovation & Dévelopment Manicouagan underlines the local community’s support for the installing of St-George’s first battery plant. St-Georges has identified a specific site for the recycling battery plant, which is already permitted for similar types of operations. Innovation & Dévelopment Manicouagan proposes defining the parameters of the study to encompass all the financial, strategic, technical, and environmental aspects of the project. The partners expect to initiate work on the study by mid-March. Furthermore, they will assist the company in all of its negotiations and permitting process with the provincial and local governments.

Paul Pelosi Jr., President of St-Georges wholly owned EV battery recycling subsidiary, EVSX Corp, commented: “ Innovation & Dévelopment Manicouagan’s intent to partner with St-Georges to complete this feasibility study, validates our initiative to recover and recycle key materials from EV batteries in an ecologically sound manner. The team at St-Georges has done an outstanding job of pulling everything together expeditiously … we are purposefully setting a fast pace, now and in the future, for the development of our battery recycling technology.”

Read More:https://agoracom.com/ir/St-GeorgesEco-Mining/forums/discussion/topics/755497-st-georges-receives-a-letter-of-intent-feasibility-study-partnership-proposal-from-regional-industrial-development-agency/messages/2304005#message

St-Georges $SX $SXOOF Inks Definitive Agreement with Altair $NNX.ca $OM.ca $ICM.ca $ATAO

Posted by AGORACOM-Eric at 9:21 AM on Friday, February 12th, 2021
  • License and Royalty Agreement for Altair to license St-Georges Metallurgy’s patent-pending extraction methods
  • Altair exclusive master agent to promote the licensing and deployment of the EV Battery Recycling Technology.

St-Georges Eco-Mining Corp. (CNSX:SX.CN)(OTC:SXOOF) (FSE:85G1) is pleased to announce that St-Georges Eco-Mining Corp., St-Georges Metallurgy Corp., and Altair International Corp. have entered into a License and Royalty Agreement dated February 11, 2021, for Altair to license St-Georges Metallurgy’s patent-pending extraction methods and technology in separation, recovery, and purification of lithium and to act as an agent of St-Georges’ developing technology in battery recycling.

Pursuant to the License and Royalty Agreement, St-Georges Metallurgy Corp. will grant Altair a non-exclusive license to use the Lithium Extraction Technology for any of Altair’s lithium-bearing prospects in the United States. In exchange for the license, Altair has agreed to grant SX a 5% net revenue royalty on all metals and minerals extracted and processed using any of St. Georges methods or technologies.  This royalty will apply to all  current and future properties in the United States in which Altair has claims. 

In addition, SX will provide Altair with full access to the EV Battery Recycling Technology for the purpose of Altair acting as exclusive master agent to promote the licensing and deployment of the EV Battery Recycling Technology. Altair has the right to appoint sub-agents, each of which will enter into an agency agreement with SX and Altair. In exchange for acting as master agent, SX has agreed to grant Altair a 1% trailer fee on any royalty received by SX from the licensing of the EV Battery Recycling Technology to licensees brought by Altair or its sub-agents. SX has also agreed that it will not solicit any third party with which Altair has initiated discussions to license the EV Battery Recycling Technology or act as a sub-agent for a period of three years from the date that such party initially entered discussions with Altair. Pursuant to the License and Royalty Agreement, SX and SXM retain all ownership rights to the EV Battery Technology and the Lithium Extraction Technology, respectively. In addition, SX retains the right to market, promote, license, and sell the EV Battery Recycling Technology to third parties. The License and Royalty Agreement may be terminated by mutual written consent of the parties. This agreement replaces the parties’ previous agreement, and no additional payments or additional share issuance is to be expected.

Read More: https://agoracom.com/ir/St-GeorgesEco-Mining/forums/discussion/topics/755243-st-georges-inks-definitive-agreement-with-altair/messages/2303402#message

Fabled Silver Gold $FCO.ca to Participate in OTC Markets Virtual Investor Conference on February 17th $RDU.ca $KTN.ca $GMBXF $EDR.ca

Posted by AGORACOM-Eric at 10:50 AM on Thursday, February 11th, 2021
  • Peter Hawley, President, CEO & Director will present live at VirtualInvestorConferences.com on February 17th, 2021.
  • Fabled invites individual and institutional investors, as well as advisors and analysts, to attend real-time, interactive presentations on VirtualInvestorConferences.com

Fabled Silver Gold Corp. (“Fabled” or the “Company”) (TSXV:FCO; FSE:7NQ) announces that Peter Hawley, President, CEO & Director will present live at VirtualInvestorConferences.com on February 17th, 2021.

DATE: February 17, 2021 
TIME: 11:30am ET 
LINK: https://bit.ly/3cd9PaB

This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not able to join the event live on the day of the conference, an archived webcast will also be made available after the event.

It is recommended that investors pre-register and run the online system check to expedite participation and receive event updates.

Learn more about the event at www.virtualinvestorconferences.com.

Company Highlights

  • Fabled’s high-grade, silver-gold Santa Maria project is located in the mining friendly jurisdiction of Parral, Chihuahua, Mexico, in the centre of the Mexican epithermal silver-gold belt, which has produced more silver than any other area in the world.
  • The Company has completed the first ever ground geophysical survey on the project and is currently conducting an 8,000 meter drill program.
  • Initial diamond drill results have been released including, 68.6 meters of continuous silver mineralization.

About Fabled Silver Gold Corp.

Fabled is focused on acquiring, exploring and operating properties that yield near-term metal production. The Company has an experienced management team with multiple years of involvement in mining and exploration in Mexico. The Company’s mandate is to focus on acquiring precious metal properties in Mexico with blue-sky exploration potential.

The Company has entered into an agreement with Golden Minerals Company (NYSE American and TSX: AUMN) to acquire the Santa Maria project, a high-grade silver-gold property situated in the center of the Mexican epithermal silver-gold belt. The belt has been recognized as a significant metallogenic province, which has reportedly produced more silver than any other equivalent area in the world

St-Georges Eco-Mining $SX.ca $SXOOF Announces $10 Million Financing $NNX.ca $OM.ca $ICM.ca $ATAO

Posted by AGORACOM-Eric at 4:18 PM on Wednesday, February 10th, 2021

St-Georges Eco-Mining Corp. (CSE:SX)(OTC:SXOOF) (FSE:85G1) (CNSX:SX.CN)is pleased to announce a non-brokered private placement offering of units at a price of $0.50 and “flow-through” units at a price of $0.60 as well for total gross proceeds of up to $10,000,000.

Each Unit is comprised of one (1) common share (each, a “Share”) in the capital of the Corporation and one (1) Share purchase warrant (each, a “Unit Warrant”), entitling the holder to purchase one (1) Share at an exercise price of $0.65 until first 18 months from the issuance and $1.05 for the 18 months thereafter, together 36 months expiry period (the “Unit Warrant Expiry Date”).

Each FT Unit is comprised of one (1) common share in the capital of the Company on a “flow-through” basis (each, a “FTShare”) and one (1) FT Share purchase warrant (each, a “FT Warrant”). Each FT Warrant entitles the holder thereof to purchase one (1) Share at an exercise price of $0.75 until first 18 months from the issue and $1.25 for the 18 months thereafter, together 36 months expiry period (the “FT Warrant Expiry Date”, together with the Unite Warrant Expiry Date, the “Warrant Expiry Date”).

Read More: https://agoracom.com/ir/St-GeorgesEco-Mining/forums/discussion/topics/755116-st-georges-eco-mining-announces-10-million-financing/messages/2303113#message

Manitou Gold $MTU.ca Continues To Intersect Wide Zones Of Gold Mineralization On The Baltimore Deformation Zone (“BDZA”) Within Goudreau Project $AGI.ca $O3.ca $AR.ca $WDO.ca

Posted by AGORACOM-Eric at 8:57 AM on Tuesday, February 9th, 2021

Manitou Gold Inc. has released additional assay results from its continuing 10,000-metre drill program along the eastern portion of the Baltimore deformation zone (BDZ) on its 100-per-cent-owned Goudreau project in Northeastern Ontario.

  • Highlights of drill results are from the Stover occurrence, where the Company is reporting assay results from an additional three drill holes completed in January of this year.
  • Drilling is continuing with two diamond drill rigs to test the Stover occurrence and 28 other high priority targets on the eastern four km of the 17 km length of our BDZ.

Highlights:

Drilling continues to intersect broad zones of gold mineralization along strike and down plunge of previously announced, shallower drill hole intersections at the Stover Zone with highlights including:

  • 57.3 m at 0.3 g/t Au (starting at 150.7 m down hole), including 5.0 m at 1.5 g/t Au in hole MTU-21-03.
  • 26.8 m at 0.3 g/t Au (starting at 85.2 m down hole) and a separate intersection of 13.8 m at 0.5 g/t Au (starting at 132.6 m down hole) which includes 1.6 m at 1.5 g/t Au in hole MTU-21-02. These intersections are below and down plunge of holes MTU-20-49, 52 and 56 which intersected:
  • 39.9 m at 0.5 g/t in hole MTU-20-49, 0.8 g/t Au over 18.0 m, including 3.3 g/t Au over 2.1 m in hole MTU-20-52; and
  • 15 m grading 1.5 g/t Au, including 5.3 m at 2.7 g/t Au in hole MTU-20-56.

Read More:https://agoracom.com/ir/ManitouGold/forums/discussion/topics/754967-manitou-gold-continues-to-intersect-wide-zones-of-gold-mineralization-on-the-baltimor-deformation-zone-bdza-within-goudreau-project/messages/2302806#message