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SX Eco-Mining $SX.ca $SXOOF Secures Future EV Batteries Recycling Plant & Engineering $NNX.ca $OM.ca $ICM.ca $ATAO

Posted by AGORACOM-Eric at 8:17 AM on Monday, April 19th, 2021

St-Georges Eco-Mining Corp. (CNSX:SX.CN)(OTC:SXOOF) (FSE:85G1) is pleased to disclose that it has entered a binding term sheet to secure the site and building for its proposed battery recycling plant in the deep seaport of Baie-Comeau on the Québec North Shore.

The parties will have 30 days to finalize and execute a long-form agreement conditional on the positive outcome of the feasibility study already underway. Part of the binding agreement concerns the access to the engineering expertise that will allow the Company to have trained professionals working in the facilities from day one of operations planned for later this year.

Important milestone reached allowing equipment vendors to share information with the newly secured engineering team to accelerate the design of the Baie-Comeau proposed electric vehicle, or EV, battery recycling plant with a target phase 1 production capability of 10,000 annual metric tonnes.

The agreement, a long-term lease with an option to buy the targeted plant, was executed on April 16, 2021, and calls for a long-form agreement to be signed within 30 days. Additionally, a long-form engineering and technical services agreement, with the option to acquire the engineering firm, Roberge Industries Inc., will be included in the final agreement.

St-Georges will design the battery recycling plant to be modular and preassembled to reduce construction and installation costs, timelines, and other challenges. The approach is to have a universal battery recycling plant that can use the procedures for process, safety, and maintenance anywhere in the world, including maintenance management systems with a technology allowing real-time auditing and the generation of tradeable carbon credits as well as machine learning management systems allowing real-time optimization of the process as well as the output based on market needs.

Read More: https://agoracom.com/ir/St-GeorgesEco-Mining/forums/discussion/topics/759273-st-georges-secures-future-ev-batteries-recycling-plant-engineering-expertise/messages/2312527#message

VIDEO – Fabled Silver Gold $FCO $FBSGF Increases Drill Program for Blue Sky Potential with 2nd Drill & Consolidates Copper Assets $RDU.ca $KTN.ca $GMBXF $EDR.ca

Posted by AGORACOM-JC at 9:12 AM on Friday, April 16th, 2021
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Fabled has been very busy positioning the company for future growth as an expanded drill program at the 100% controlled Santa Maria Project in Mexico was just announced, as well as consolidating its Northern B.C. copper assets in order to coordinate a 2021 exploration program.

The mining friendly jurisdiction of Parral has produced over 250M oz silver.  Moreover, multiple major operators are in the vicinity (Grupo Mexico borders the property), and three toll mills are within a 20 km distance.

This is where Fabled’s project comes into play. Santa Maria is a high grade underground mine with a rich mining history and a Silver Equivalent 43-101 with 3.2million ounces Indicated and 1.1m inferred.

Surprisingly, Santa Maria has never been systematically explored with modern methods, until now.   Armed with recent drill success from the first holes ( 10 Ounces of Silver over 6m ) Fabled is increasing their program from 8000 to a minimum of 9200m to drill from underground to firm up the known resource, and for “Blue Sky drilling”  to explore the numerous anomalies unexplored on the property capable of demonstrating discovery potential.

CEO Peter Hawley, Fabled’s CEO breaks down the multiple events impacting shareholders.

Chilean Metals $CMX.ca $CMETF Arranges $2 Million Financing To Explore Nisk Nickel Project $FCC.ca $CCW.ca $FPX.ca

Posted by AGORACOM-Eric at 7:58 AM on Friday, April 16th, 2021
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Chilean Metals Inc. (“Chilean Metals,” “CMX” or the “Company”) (TSX.V:CMX) (OTCBB:CMETF) (SSE:CMX) (MILA:CMX) has arranged a non-brokered private placement of $2,000,000 dollars, with $1,000,000 being done via issuance of 4,000,000 common shares at $0.25 and $1,000,000 in Flow-through Shares issued at $0.40 per share comprising of 2,500,000 shares. The proceeds from the flow-through shares will be used to incur Canadian exploration expenditures that qualify as flow-through mining expenditures (as such terms are defined in the Income Tax Act (Canada)).

The Company intends to pay brokers fees and broker warrants in conjunction with the transaction. Any broker warrants issued on the hard dollar financing will be exercisable at $0.25 per share for 18 months from date of close and any broker warrants issued on the flow-through will be exercisable at $0.40 per share for 18 months. The Financing is subscribed for and is expected to close on April 23, 2021. The closing of the Financing is subject to the approval of the TSXV.

“The additional capital will enable us to commence our initial drill program at our recently acquired option on the NISK Nickel project in James Bay Quebec. Our objective would be to provide an updated 43-101 in late Q3 or early Q4. We are excited about NISK potential to provide a high-grade Nickel Copper Cobalt Palladium project that would be well received in a market where Battery Metal pricing looks better and better!” commented Chilean CEO Terry Lynch.

Funds will also be used in the Company’s proposed Plan of Arrangement. As previously announced Chilean Metals will be changing its name to Power Nickel Inc. and will focus its efforts on the exploration and development of the Nisk project. On February 1, 2021 Chilean Metals completed the acquisition of its option to acquire up to 80% of the Nisk project from Critical Elements Lithium Corporation (TSX-V:CRE, OTCQX: CRECF, FSE:F12). These estimates at the Nisk project are of a historic resource and the Company’s geologic team has not completed sufficient work to confirm a NI 43-101 compliant resource. Therefore, the estimates cannot, and should not be relied upon.

Table ‑1: Historical Resource Estimate figures for respective confidence categories at the NISK-1 deposit, After RSW Inc 2009: Resource Estimate for the NISK-1 Deposit, Lac Levac Property, Nemiscau, Québec.

Read More: https://agoracom.com/ir/ChileanMetals/forums/discussion/topics/759180-chilean-metals-arranges-2-million-financing-to-explore-nisk-nickel-project/messages/2312269#message

Fabled $FCO $FBSGF Increases Drill Program to 9,200 meters and Adds Second Drill $RDU.ca $KTN.ca $GMBXF $EDR.ca

Posted by AGORACOM-Eric at 8:06 AM on Thursday, April 15th, 2021
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Fabled Silver Gold Corp. (“Fabled” or the “Company”) (TSXV:FCO)(OTCQB:FBSGF)(FSE:7NQ) is pleased to announce that it has increased the on-going 8,000 meter drill program to a minimum of 9,200 meters.at the “Santa Maria” Property in Parral, Mexico.

The extra 1,200 meter drill program has been awarded to Maza Drilling who is currently performing the surface drilling and has underground diamond drilling machines capable of drilling HQ size, (2.5 inches) drill core.

This program will be focused underground to delineate the Santa Maria Central Structure with multi underground drill stations being prepared, see Figure 1.

Peter J. Hawley, CEO and President, states, “As we advance the surface drill program and compile these findings into our data base and remodel the mineralized bodies with respect to orientation of structure, width, grade and predictability we are now ready to start at the same time to delineate the central sector of the Santa Maria structure. This cost-effective measure allows us, from underground, to drill with a second machine and determine the true width to the hanging wall and foot wall of the structure and also begin to infill drill the resource area to increase the confidence level of the various resource categories.”

Figure 1: Longitudinal Section of Central Santa Maria Structure

The Company has completed drill holes SM20-01 – 12 for a total of approximately 3,000 meters of the now increase 9,200 meter drill program completed to date. Holes SM20-8B, (resampled) and SM20-10, 11 have been sampled and submitted to ALS Chihuahua Laboratory for analysis. Hole SM20-12 has been completed and is in the process of being sampled, Hole SM20-13 is currently in progress.

Read More: https://agoracom.com/ir/FabledSilverGold/forums/discussion/topics/759103-fabled-increases-drill-program-to-9-200-meters-and-adds-second-drill/messages/2312067#message

Manitou Gold $MTU.ca Expands Gold Mineralization by 200 m Down-Plunge and 100 m Along Strike at Stover Zone $AGI.ca $OIII.ca $AR.ca $WDO.ca

Posted by AGORACOM-Eric at 7:57 AM on Thursday, April 15th, 2021

Manitou Gold Inc. (TSX-V: MTU) (the “Company” or “Manitou”) is pleased to announce additional assay results from its ongoing 10,000 metre drill program on its 100% owned Goudreau Project located along the eastern portion of the regional Baltimore Deformation Zone (the “BDZ”) in Northeastern Ontario.

Highlights of drill results are from the Stover Zone, which is within the Company’s Goudreau Project, where the Company is reporting assay results from an additional three drill holes that significantly expand known gold mineralization along strike, to 400 metres, and down-plunge to 500 metres.

Highlights:

  • Step-down and step-out drilling at the Stover Zone expands gold mineralization to 400 metres along strike and to 500 metres down-plunge, the highlights of which include:

    • 5.5 m grading 2.5 g/t Au (starting at 525 m down-hole), including 2 m grading 3.7 g/t Au in hole MTU-21-12, within a wider intersection of 24.5 m grading 1.0 g/t Au, expanding gold mineralization by 200 m down-plunge;
    • 4.7 m grading 1.0 g/t Au (starting at 510 m down-hole) and including 2.3 m grading 1.6 g/t Au, within a wider intersection of 17.7 m at 0.5 g/t Au in hole MTU-21-13; and
    • 7.8 m grading 0.5 g/t Au (starting at 23.0 m down-hole) in hole MTU-21-11expanding the footprint of the mineralization at the Stover zone to 400 m along strike.
  • Follow-up drilling 1.2 kms east of the Stover Zone intercepted approximately 50 m of alteration, veining, and mineralization, similar to that of the Stover Zone, with results expected within two weeks.
  • Gold mineralization along the Stover Zone main shear has now been confirmed by drilling over a strike length of 2.2 kms. Continued drilling will test mineralization further along strike.
  • All gold zones encountered along the BDZ to date remainopen in all directions. Finalization and planning of new high priority drill targets along the 10 km of strike on the western part of the BDZ is scheduled for May 2021, with the drilling of the high priority targets expected to begin in June 2021.
  • Following the recent completion of the Company’s recent $5.0MM flow-through financing, the Company is fully funded for all planned and announced exploration activities.

“The continued intersection of significant gold values over tens of metres of thickness indicate that the regionalBDZ, which hosts our Goudreau Property, is a gold-endowed, crustal scale deformation zone. We are excited that we still have several exploration targets to test on the original Stover grid, which covers the eastern 4.5 km of the BDZ,” stated Richard Murphy, President and CEO of Manitou Gold. “Our geophysical surveys covering the western 10 kilometres of the BDZ are well under way. I expect that we will be ramping up our exploration drilling to test additional new targets in this area in the coming months.”

Read More: https://agoracom.com/ir/ManitouGold/forums/discussion/topics/759102-manitou-gold-expands-gold-mineralization-by-200-m-down-plunge-and-100-m-along-strike-at-stover-zone/messages/2312066#message

AGORACOM Small Cap 60: Chilean Metals $CMX $CMETF CEO Terry Lynch Discusses Transformation into Power Nickel & Spin-Out of 2 Pubco’s

Posted by AGORACOM-Eric at 1:20 PM on Tuesday, April 13th, 2021
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Fabled $FCO $FBSGF Drill Hole Ends in 1.1 meters grading 75.9 g/t Ag and to be Extended Blue Sky Drilling In Progress $RDU.ca $KTN.ca $GMBXF $EDR.ca

Posted by AGORACOM-Eric at 8:36 AM on Tuesday, April 13th, 2021
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Fabled Silver Gold Corp. (“Fabled” or the “Company”) (TSXV:FCO)(OTCQB:FBSGF) and (FSE:7NQ) is pleased to announce updates of diamond drill holes SM20-08B from the on-going 8,000 meter drill program on the “Santa Maria” Property in Parral, Mexico.

As previously mentioned in our news release of March 31, 2021, drill hole SM20-08 was collared approximately 225 meters east of the drill station for holes SM20-4, 5, and 6. See drill plan below as designed to drill thru the interpreted main north – south structure at an oblique angle and hit the Santa Maria structure.

The hole was drilled with NQ size core, 1 7/8th inches at -50 degrees for a premature total depth of 64.18 meters where the hole was terminated by major faulting and could not be advanced further.

Drill hole SM20-08B was a re-entry into hole SM20-08 with larger PQ size drill core, 3.36 inches in diameter, to compensate for the massive broken structure, which allowed the hole to be drilled to a final depth of 234 meters and was successful in reaching its target.

Drill results just received show the last sampled interval was from 226.5 – 227.6 meters grading 75.9 g/t silver in a north – south silicified structure, mineral bearing and black in color, this unit continues to the end of the hole at 234 meters, an extra 6.4 meters.

Peter J. Hawley, CEO and President, states, “The rest of this hole is now being sampled on a rush/priority. In addition, once the drill machine completes hole SM20-13 it will return to this drill station, re-enter the hole and continue from the depth of 234 meters onwards until the structure has been clearly exited.”

Drill hole SM20-09 was drilled with PQ size core from the collar, in anticipation of bad ground conditions, at -60 degrees for a targeted depth of -250 meters to hit the Santa Maria structure, as encountered in hole 8B and was terminated prematurely at 231 meters where not only did the hole collapse due to the fault but jammed the drill rods and a section of the drill string and bit was left in the hole.

BLUE SKY DRILL TARGET UPDATE
Peter J. Hawley, CEO and President, remarks, “As I mentioned previously, we are exploring areas never explored before, with new ideas to test our structure-on-structure theory over the Property.

New roads and drill pads have been completed to test IP Geophysics anomaly IPSM-04 located in the central north section of the Santa Maria Property and extends over 700 meters in an east – west trend.

Geophysical interpretation describes the anomaly as follows; ” IPSM-04 is +700 meters trending east to west over calcite / silica veins trending north to south. Both targets are considered to be shallow seated wide body targets which could represent disseminated to sulphide mineralization associated with quartz carbonate veins and imprinted over the East – west anomaly.”

Drill hole SM20-12 has been designed to intersect the eastern extension of the anomaly at a vertical depth of -150 meters, while SM20-13 is being planned to intercept the western sector of the anomaly at a vertical depth of -275 meters.

A major C1 regional north – south fault in the center of the property displaces the anomaly approximately 30-40 meters to the south. This is the same structure tested by holes SM20-8-11. See Plan View of Drill Station Locations over IP Anomalies below.

In the area of the intersection of the North – South Structure and anomaly IPSM-04 a surface alteration zone with micro lineaments NorthSouth that corresponds at the emplacement of a dike which has been totally replaced by quartz and pervasive silicification in stockwork form (“STW”) and halo’s with STW of quartz in the limestone unit.

Peter Hawley continues, “We are systematically taking what was previously thought of as simple E-W high grade structure and re-evaluating, with numerous successes to date, in order to develop our new concept which is seen below in the “Plan View of Drill Station Locations over IP Anomalies”.

Over the next few drill holes to test the blue sky potential in the north of the Property should add to the new data base as we start to dial in the focus of the remaining drill program. With the Company well funded we will continue to explore all targets as they present themselves.”

The Company has completed drill holes SM20-01 – 11 for a total of approximately 2,600 meters of the ongoing 8,000 meter drill program completed to date. Holes SM20-8B and SM20-10, 11 have been sampled and submitted to ALS Chihuahua Laboratory for analysis. Hole SM20-12 is currently in progress.

Xali Gold $XGC.ca: Permits Applied for Mexico Mines Tailings Project $FMG.ca $MEX.ca $AGI.ca $DSV.ca

Posted by AGORACOM-Eric at 8:31 AM on Tuesday, April 13th, 2021

Xali Gold Corp.(TSXV:XGC) (“Xali Gold” and/or the “Company”) is pleased to advise that permit applications have been submitted for the Mexico Mines Tailings Project in El Oro, Mexico. The permits are to allow both the transportation and re-processing of the Mexico Mine tailings at a new plant site located just 5 kilometers from the current location. Sun River Gold “SRG” and their Mexican subsidiary, Remediacion Rio Sol “RRS”, will be conducting all of the work on the tailings as part of an option agreement to acquire the Tailings Project and Xali Gold’s subsidiary, Minera CCM El Oro Jales.

A land package comprising 25 hectares has been purchased for the new plant site and the re-processing plant is expected to be operational within 12 months from receiving permits. Extensive laboratory testing has been performed, which was critical in completing design work for the plant and preparing detailed planning documents.

“We are very excited with the work that SRG has completed to advance the Tailings Project,” says Joanne Freeze, President and CEO of Xali Gold. “There have been some delays due to government closures during the COVID pandemic, but the project is now moving forward and we are very excited to the re-processing getting into operation.”

In addition to laboratory test work, SRG has also completed the following work in preparation for the operation:

  • Design of the plant site
  • Mine plan of tailings indicating extraction levels over the years
  • Developed a contour map demonstrating resulting topography of municipal land once tailings are removed
  • Engaged power contractor to upgrade and extend power lines to site
  • Secured access across private land for roads and power lines
  • Secured access to water from local sources

Xali Gold’s subsidiary, CCM El Oro Jales, has an agreement with the municipality of El Oro which provides the Company the right to recover all available gold and silver from the Mexico Mines tailings deposit and pay to the Municipality of El Oro an 8% Net Profits Interest (“NPI”). Xali Gold will also retain the first US$1.5M from the 8% NPI payable to the Municipality.

SRG has the option to acquire 100% of the Tailings Project by making staged payments totalling US$500,000 (paid), bringing the tailings into commercial production within 36 months of the effective date of the option agreement, and granting to the Company a 5% NPI, Life of Mine royalty as well as the Municipalities 8% NPI on production from the properties. The 36 month term has been extended for 6 months providing that SRG demonstrates sufficient progress during each 3 month period.

Read More: https://agoracom.com/ir/XaliGold/forums/discussion/topics/758945-permits-applied-for-mexico-mines-tailings-project/messages/2311722#message

Beauce Gold Fields $BGF.ca Megantic Overburden Sample Returns 10 Grams per Ton Gold in the Vicinity of the Bella Fault Line $KG.ca $OSK.ca $TIG.ca $GSR.ca $ATC.ca $WGO.ca $OR.ca $KGC.ca

Posted by AGORACOM-Eric at 5:58 PM on Monday, April 12th, 2021
  • Glacial overburden sampling program identified a second placer to hardrock property
  • Holds the potential for new gold discovery in Southern Quebec
  • Similar geological model to flagship Saint-Simon-les-Mines Beauce Gold property where fault line is on strike of historical placer gold deposit

Beauce Gold Fields (TSXV: BGF) (Champs D’Or en Beauce),(“BGF”), is pleased to announce the results of its glacial overburden sampling program of 31 placer to hardrock properties staked throughout southern Quebec. The highest return from a 20kg sample came from the Megantic property returning 10 grams per ton of placer gold from a sand & gravel bank that crosses the Bella Fault line.

Patrick Levasseur, President and CEO of Beauce Gold Fields said, “We are very excited that our sampling program has allowed us to identified a second placer to hardrock property that holds the potential for new gold discoveries in Southern Quebec.” Mr. Levasseur added: “The Megantic property holds a similar geological model to the company’s flagship Saint-Simon-les-Mines Beauce Gold property whereby a major geological fault line follows along strike the historical placer gold deposit. We look forward to investigating these anomalies further this summer.”

Between October and December 2020, the Company collected 71, 20kg overburden samples from sand and gravel pits found on 31 prospective placer to hardrock properties staked throughout southern Quebec (press release January 12, 2021). The objective was to identify placer gold anomalies in order to potentially trace their origins back to a lode gold deposit. A second objective was to identify sand & gravel banks of good size with the potential of holding interesting gold values for possible placer gold mining. Of all the samples taken, properties which recorded grades greater than 0.1 g /t Au were retained for further exploration.

RESULTS OF THE 2020 OVERBURDEN SURVEY

The 71 samples were processed by ExploLab in Val D’Or Quebec. Each sample of about 20kg was sifted through various mesh sizes to remove coarse materials. Coarse gold was recovered using various gravimetric methods. The concentrates were sent to Act Labs for analysis. (Disclosure : ExploLab is owned and operated by a Director of the Company).

With the exception of thePozer River and Lac Etchemin samples, the samples which revealed interesting gold grades came from the Mégantic region. Several anomalous samples are located near the Bella fault which crosses the Ditton, Chartierville, Chesam and the Bergeron River sectors of the Megantic property.

Read More: https://agoracom.com/ir/BeauceGoldFields/forums/discussion/topics/758905-beauce-gold-fields-megantic-overburden-sample-returns-10-grams-per-ton-gold-in-the-vicinity-of-the-bella-fault-line/messages/2311654#message

SX Eco-Mining $SX.ca $SXOOF Releases Initial Cathode Material EV Battery Test Results $NNX.ca $OM.ca $ICM.ca $ATAO

Posted by AGORACOM-Eric at 9:22 AM on Monday, April 12th, 2021
  • 100% of the targeted metals were recycled in situ or selectively leached in solution

St-Georges Eco-Mining Corp. (CNSX:SX.CN)(OTC:SXOOF) (FSE:85G1) is pleased to disclose the results of its initial electric vehicle (EV) cathode material battery recycling tests aimed at specific car makers and OEM battery specifications.

As previously disclosed in a press release titled Initial Recovery Battery Test Results” dated February 22, 2021, the Company has set aside a significant portion of its laboratories resources to be able to perform “(…) additional tests to optimize the process of recovery of critical elements (…) using synthetic compounds to move the development along faster.” In a subsequent press release titled EV Batteries Recovery Tests Results: Lithium” dated March 18, 2021, the Company disclosed that it had “(…) completed EV battery characterization for the following car makers: Tesla, General Motors (GM), Ford, Toyota, and Nissan. The batteries were sourced from industry aggregators. The Company’s chemists and metallurgists created synthetic powder clones of the metal’s components allowing the testing’s acceleration (…)” Additionally, leveraging the support of some important stakeholders in the success of Company initiatives, St-Georges’ metallurgists were able to gather data on the composition of certain batteries in development or about-to-be commercially deployed in the coming year that are Lithium-Iron-Phosphate or LFP (LiFePO4) based. These not-yet-on-the-market batteries have been conceptually characterized, synthetically reproduced, and tested with the Company’s processing technology.

Four sets of battery category, covering all current car makers previously mentioned, along with the addition of the LFP batteries, have been processed in St-Georges’ contracted pilot-plant installations:

 -----------------------------------------
 |Main Core Powder|Chemical Formula      |
 |---------------------------------------|
 |LCO             |LiCoO2                |
 |---------------------------------------|
 |LMO             |LiMn2O4               |
 |---------------------------------------|
 |NMC             |LiNi0.33Mn0.33Co0.33O2|
 |---------------------------------------|
 |LFP             |LiFePO4               |
 -----------------------------------------

Cathode materials results

This initial test campaign’s objective was to determine which metals were put in solution from cathode materials using St-Georges’ proprietary acid-blend. From those experiments, it can be deduced that Lithium, Iron, Phosphate, Cobalt, Nickel, and Magnesium can be expected to be found in solution when using commercial batteries, on top of other metals such as Aluminium, Manganese, and Copper that can be recuperated in situ.

It is important to note that the LFP batteries might require a slightly different process to recycle 100% of the metals. Iron content generates a small amount of magnetism during the process while everything else remains in line with other battery compounds.

Read More: https://agoracom.com/ir/St-GeorgesEco-Mining/forums/discussion/topics/758863-st-georges-releases-initial-cathode-material-ev-battery-test-results/messages/2311562#message