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Nevada Energy Metals Pays Full Annual BLM Fees For Seven Nevada Lithium Projects $BFF.ca

Posted by AGORACOM-JC at 8:34 AM on Thursday, August 25th, 2016

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August 25, 2016 / Vancouver, British Columbia – Nevada Energy Metals Inc. “the Company”

(TSX-V: BFF) (OTCQB: SSMLF) (Frankfurt: A2AFBV) is pleased to announce that it has paid in full all annual Bureau of Land Management (BLM) maintenance fees for the Company’s seven Lithium projects located in Nevada. The annual maintenance fees, totaling USD $ 212,350 (CAD $274,550), are now paid to Sept 1st 2017.

Nevada Energy Metals’ Seven Nevada Lithium Projects Are Fully Paid Up.:

  • -Dixie Valley Lithium Project – 907 Claims, no royalties, (348 claims optioned to Wildcat Exploration Ltd. (TSX-V:WEL))-BSV Lithium Project – 160 claims (100% owned, no royalties, in Big Smokey Valley)

    -Black Rock Desert Lithium Project- 128 claims (100% owned, no royalties)

    -Clayton Valley Lithium Project – 77 claims, no royalties, (70% optioned-out to American Lithium Corp (TSX-V: Li))

    -Teels Marsh West Lithium Project – 100 claims (100% owned, no royalties)

    -San Emidio Desert Lithium Project – 155 claims (100% owned, no royalties)

    -Alkali Lake Lithium Project – 191 claims in a 60-40 earn in agreement with Dajin Resources Corp (TSX-V:DJI), no royalties.

Rick Wilson, Chief Executive Officer of Nevada Energy Metals, commented: “We are pleased to report that our Project Generator Model has grossed over USD $300,000, as well as a portfolio of marketable securities. These earnings have helped to offset the annual BLM Maintenance Fees as well as a portion of the Company’s general operating costs.”

About Nevada Energy Metals: http://nevadaenergymetals.com/

Nevada Energy Metals Inc. is a well funded, Canadian based, exploration company who’s primary listing is on the TSX Venture Exchange. The Company’s main exploration focus is directed at lithium brine targets located in the mining friendly state of Nevada. The Company has ownership of 77 claims in Clayton Valley, only 250m from Rockwood Lithium, the only brine based lithium producer in North America (70% optioned-out to American Lithium Corp (TSX-V: Li). Nevada Energy Metals has also acquired: 100 claims (Teels Marsh West) covering 2000 acres (809 hectares) at Teels Marsh, Mineral County, Nevada, a prospective lithium exploration project, 100% owned without any royalties; the San Emidio Desert lithium project, consisting of 155 claims (approximately 3,100 acres/1255 hectares) in Washoe County, Nevada; the Alkali Lake Project in Esmeralda county, is a 60% earn in option agreement from Dajin Resources Corp (TSX-V: DJI), where near surface lithium values have been confirmed; the Dixie Valley Project consisting of 907 claims covering 73.6 square kilometers/28.4 square miles (7,363 hectares/18,194 acres) of salt marsh playa. The BSV Lithium Project consists of 160 placer claims, 3,200 acres/1,295 hectares, located in northern Big Smokey Valley. The Black Rock Desert Project consists of 128 placer claims (2,560 acres/ 1,036 hectares) located in southwest Black Rock Desert, Washoe County, Nevada.

On Behalf of the Board of Directors:

Rick Wilson, President & CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the contents of this release.

KWG and China Railway FSDI Ink Strategic Cooperation Agreement – FSDI to Complete Conditional Bankable Feasibility Study $KWG.ca

Posted by AGORACOM-JC at 1:05 PM on Monday, August 22nd, 2016

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  • Entered a Framework Strategic Cooperation Agreement with China Railway First Survey & Design Institute Group Co., Ltd.
  • parties have also executed a Conditional Bankable Feasibility Study Consultation Service Agreement
  • Agreed on the deliverables and timetable for FSDI to complete a Conditional Bankable Feasibility Study on a railroad from the mineral properties in Ontario’s Ring of Fire to a junction with the CN Railroad at Exton, Ontario

TORONTO, ONTARIO–(Aug. 22, 2016) - KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) (“KWG“) announces that it has entered a Framework Strategic Cooperation Agreement with China Railway First Survey & Design Institute Group Co., Ltd. (“FSDI”). Pursuant to the Strategic Cooperation Agreement, the parties have also executed a Conditional Bankable Feasibility Study Consultation Service Agreement (“BFSCS”). Under terms of the BFSCS the parties have agreed on the deliverables and timetable for FSDI to complete a Conditional Bankable Feasibility Study on a railroad from the mineral properties in Ontario’s Ring of Fire to a junction with the CN Railroad at Exton, Ontario.

The Study will include:

  • Traffic volume estimates
  • Corridor Alignment identification
  • Transportation/Operating plan
  • Geological analysis
  • Track design parameters and recommended design
  • Subgrade design parameters and recommended design
  • Bridge and culvert design parameters and recommended design
  • Yard and siding design parameters and recommended design
  • Analytical study of land use evaluation
  • Rolling stock evaluation
  • Water supply and drainage design
  • Telecommunication functional design and specification
  • Signalling system functional design and specification
  • Electrical power supply design and specification
  • Building functional specification and design
  • Construction schedule
  • Detailed CAPEX
  • Financial and economic analysis and financing strategy
  • Environmental Impact assessment and mitigation plan

Plans, Maps, Profiles and Sections to be included also:

  • Recommended Corridors and Preferred Alignment Plan
  • Recommended Corridors and Preferred Alignment Profile
  • Geographical Location Map of Preferred Corridor
  • Locomotive Routing Diagram
  • Geological Map of Project Area
  • Detailed Geological Map
  • Geologic Profile of Preferred Alignment
  • Key Bridge Location Plan
  • Key Bridge Site Plan
  • Comparison Drawing of Bridge Designs
  • Geologic Profile for Key Bridge Sites
  • Junction, Loading and Unloading Yard Layouts
  • Communication Network Map
  • General Layout of Signalling Equipment
  • Sketch of Existing Signalling Equipment at Junction and Rebuilding Plan
  • Power Supply Diagram for entire project
  • Remote Controlled Devices Electrical System Layout
  • Mechanical and Electrical Equipment Monitoring System Layout
  • Linear Construction Schedule Diagram

The BFSCS contemplates that the Conditional Bankable Feasibility Study will be completed by the end of 2016.

Marten Falls and Webequie First Nations Partnership:

As the various studies and plans are completed they will be shared with the Chiefs of the Marten Falls and Webequie First Nations for dissemination within their communities to facilitate consideration of KWG’s proposal to create an equal partnership with them in the integrated mining and transportation operations.

Ring of Fire Area Chromite Resources:

The Conditional Bankable Feasibility Study is not a “feasibility study” as defined by CIM Definition Standards (per NI 43-101 Standards of Disclosure for Mineral Projects) and is not intended to establish the technical and economic feasibility of the chromite projects. The traffic volume and economic studies will take account of the various defined chromite resources documented in the area by all mineral claim owners.

CANARAIL Agency:

KWG has engaged CANARAIL Consultants Inc. to provide the specialized professional services and data that will be required of KWG as the client of FSDI. CANARAIL will provide current materials and services pricing in Canada together with design advice and assistance in complying with local environmental, social and other applicable standards to facilitate and expedite completion of the feasibility study.

Golden Share Agency:

The Agreements were facilitated by Golden Share Mining Corporation (TSX VENTURE:GSH), KWG’s agent in China, which will be issued 500,000 shares of KWG to compensate it for the value of and in lieu of costs incurred since January of this year in the course of the agency.

About FSDI:

Established in 1953, China Railway First Survey & Design Institute Group Co., Ltd. (“FSDI”) holds 26 national Grade-A complex qualification certificates for engineering survey, design, supervision and consultation.

Over the past 60 years since establishment, FSDI has led the design and construction of over 48,000 km of railways represented by western China’s railway network, and undertaken over 5,000 km of high-speed railways which have been in operation or are under construction in China.

FSDI has undertaken rail transit projects in over 30 cities of China, fully covering the whole process or industrial chain of planning, design, consultation, supervision, EPC and general property development of means of transport such as subway, light rail and tramcar. It has also undertaken railway, highway and subway consultation and design projects measuring a total of over 2,000 kilometers in over 40 countries.

FSDI’s complete survey & design technologies have been up to domestic or world advanced standards in fields such as mountain railways, plateau permafrost railways, desert railways, electrified railways, super long tunnels, large railway hubs or marshalling stations, wireless train control, command scheduling systems, and large interchange engineering.

About CANARAIL:

Founded in 1991 and based in Montreal (QC), CANARAIL is a Quebec-based rail consulting and engineering firm that specializes in mining, heavy haul freight, and urban domains. CANARAIL is known for its expertise in feasibility studies, consulting, detailed design, and the supervision of construction of major projects across all components of a railway project: infrastructure, rolling stock, systems, operations, etc. Over the last 25 years, CANARAIL has participated in over 800 projects in Canada, the Middle East, Asia, Africa, North America, Australia, Europe, and Latin America (see: www.canarail.com). Among its accomplishments:

  • Eastern Canada: Feasibility Study for a 330km multi-user mining railway in Northern Quebec (Plan Nord)
  • Western Canada: Refurbishing of the GoldLeaf cars of the Rocky Mountaineer fleet
  • Saudi Arabia: Feasibility study, engineering and supervision of the construction of a new 2400 km rail link: North South Railway
  • Afghanistan: Feasibility study for a new 600 km rail link in the northern part of Afghanistan
  • East Africa: Feasibility study for the improvement of the accessibility of rail services in Rwanda, Burundi and Tanzania
  • Bangladesh: Feasibility study of seven different railway projects to improve the Trans-Asia connectivity

About KWG:

KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse chromite where resources are being defined. KWG also owns 100% of CCC which has staked claims and conducted a surveying and soil testing program, originally for the engineering and construction of a railroad to the Ring of Fire from Aroland, Ontario. KWG subsequently acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. KWG subsidiary Muketi Metallurgical LP is prosecuting two chromite-refining patent applications in Canada, China, India, Indonesia, Japan, Kazakhstan, South Africa, South Korea, Turkey, and USA. The filings have been receipted in each of those jurisdictions.

Cautionary Note Regarding ForwardLooking Statements: This Press Release contains or refers to “forward-looking information” within the meaning of applicable Canadian securities legislation. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects”, “is expected”, “budget”, “estimates”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, “occur” or “be achieved”. All information, other than information regarding historical fact that addresses activities, events or developments that KWG believes, expects or anticipates will or may occur in the future is forward-looking information. Forward-looking information contained in this Press Release is subject to a number of risks and uncertainties that may cause the actual results of KWG to differ materially from those discussed in the forward-looking information, and even if such actual results are realized or substantially realized, there can be no assurance that they will have the expected consequences to, or effects on, KWG. Should one or more of these risks and uncertainties, such as: the Conditional Bankable Feasibility Study on a railroad from the mineral properties in Ontario’s Ring of Fire to a junction with the CN Railroad at Exton, Ontario not being completed by China Railway First Survey & Design Institute Group Co., Ltd.; the actual results of current exploration programs; risks normally incidental to exploration and development of mineral properties; the uncertainty of mineral resources estimates; uncertainties in the interpretation of drill results; the possibility that future exploration, development or mining results will not be consistent with expectations; the grade and recovery of ore varying from estimates; the general risks associated with the mining industry; adverse changes in commodity prices; currency and interest rate fluctuations; increased competition and general economic and market factors occur, or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forwardlooking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forwardlooking statements.

Shares issued and outstanding: 961,320,281

KWG Resources Inc.
Bruce Hodgman
Vice-President
416-642-3575
info@kwgresources.com

KWG Halted, PENDING NEWS $KWG.ca

Posted by AGORACOM-JC at 9:36 AM on Monday, August 22nd, 2016

Kwglarge

TORONTO, Aug. 22, 2016 – The following issues have been halted by IIROC:

Company: KWG Resources Inc.

CSE Symbol: KWG

Reason: Pending News

Halt Time (ET): 9:22 AM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions

CLIENT FEATURE: Treaty Creek Included In Seabridge Gold Plan To Take KSM Into Production $AMK.ca

Posted by AGORACOM-JC at 12:28 PM on Friday, August 19th, 2016

AMK: TSX-V, OTCBB: ACKRF

WHY AMERICAN CREEK RESOURCES?

  • American Creek has exceptional precious metal properties throughout British Columbia including two of the most prospective projects found in B.C.’s Golden Triangle; the Electrum and Treaty Creek properties.
  • The Electrum property is geologically similar to the nearby Brucejack (going into production in 2017) and the nearby Premier Mine (past producer).
  • So far over 130 million ounces of gold, 800 million ounces of silver and 20 billion pounds of copper (all categories included), representing one of the greatest concentrations of metal value on the planet, have been delineated within the geological system shared by KSM, Brucejack, and Treaty Creek.

RECENT HIGHLIGHTS

  • A JV agreement with Tudor Gold was just signed to develop the Electrum and Treaty Creek projects.The people behind Tudor Gold were also behind Osisko Gold, one of Canada’s biggest mining successes.They have the resources, expertise, and experience of taking projects into production.
  • Specimens from the Electrum property average 27,092 gm/tonne silver and 248 gm/tonne gold. Read More
  • Tudor has now completed the previously announced Magnetotelluric survey and has commenced drilling Read More

EXCEPTIONAL PROPERTIES

The Electrum is located in British Columbia’s prolific Golden Triangle; one of the richest areas of mineralization in the world with one new mine having come online in 2015 (Imperial Mines Red Chris) and another scheduled for 2017 (Pretium Brucejack) and at least three more world-class mining projects headed toward production.

The property has a rich history with some of the highest grade hand-mined ore mined in North America (1,661 g/t Au with 2,596 Ag)combined with excellent logistics. The property is located directly between two high-grade veining gold/silver mines; the past producing Silbak Premier mine and Pretiums high-grade Brucejack mine (production in 2017). All three lie within the Iskut mineral district (a particularly prolific part of the Canadian Cordillera) with numerous geological similarities between them.

On May 11th 2016 American Creek formed a joint venture agreement with Tudor Gold wherein American Creek retains 40% of the property.Tudor Gold will be the operator while both companies will work together to develop the property.This partnership is very beneficial for American Creek as its flagship project will be able to advance at a much greater pace due to the geological expertise, experience, resources, management, and exposure that Tudor Gold brings to the table.

The Electrum Property holds significant potential which led to a JV agreement with Tudor Goldwhen considering its high-grade nature combined with the exceptional logistics in place.

  • Located in the prolific Golden Triangle of northwestern British Columbia, an area encompassing mineral rich belts that host more than 43 past producing mines including Eskay Creek, Silbak Premier, Granduc and Big Missouri. It is a hotbed of activity with one new mine having come online in 2015 (Imperial Mines Red Chris) and another scheduled for 2017 (Pretium Brucejack) and at least three more world-class mining projects headed toward production.
  • Located in a particularly rich valley with 4 past producing commercial mines and a 5th in the adjacent valley.
  • Includes the historic East Gold Mine that had intermittent small-scale production of approximately 46 tonnes of ore with grades averaging 1,661 grams of gold per tonne and 2,596 grams of silver per tonne (roughly 50oz gold with 75oz silver).
  • Mineralization is believed to be very similar to the silver-gold-base metal veins responsible for the precious metal mineralization found in the Silbak Premier Mine and the Big Missouri mines (located in same extended valley).
  • Pretiums Brucejack Summary Report (for exploration) compares itself geologically to the Silbak Premier mine.
  • Electrums Summary Report (for exploration) compares itself geologically to the Silbak Premier mine.
  • High-grade mineralization at surface has been confirmed extending over a 500 x 500m area. Specimens across that area include numerous bonanza grade results including 1,926 g/t gold with 37,995 g/t silver, 80.96 g/t gold with 80,818 g/t silver, 694 g/t gold with 550 g/t silver, 54.77 g/t gold with 14,903 g/t silver, 615 g/t gold with 616 g/t silver, 395 g/t gold with 46,601 g/t silver, and many more.
  • Drilling showed a continuation of high grade intervals at depth including grades up to 440 g/t gold with 400 g/t silver over 0.52m. Other high grade gold intervals include 38.4 g/t over 0.45m, 31.4 g/t over 2m, 29.9 g/t over 2m,16.9 g/t over 1.5m, 16.7 g/t over 1.3m, and 12.3 g/t over 1.9m along with longer intervals of 3 g/t over 26m, 1 g/t over 50m, and 0.5 g/t over 31m. High grade silver intervals at depth including 583g/t over 0.3m, 420 g/t over 0.9m, 384 g/t over 0.7m and 374 g/t over 0.65m were also discovered.
  • A very successful small program was run in the fall of 2015 wherein:
    o A new approach focusing on high-grade was employed
    o New zones of gold / silver mineralization were discovered with drill intersections grading from one up to 14 grams of gold per tonne.
    o A better understanding of the high-grade veining system was obtained
    o Numerous outcrops were tested on surface. 24 specimens were taken from the Shiny Cliff and averaged 248 g/t gold with 27,092 g/t silver, the highest sample being 1,926 g/t gold with 37,955 g/t silver. Specimens taken from a boulder 20m down slope from the Shiny Cliff averaged 10 g/t gold with 857 g/t silver.
    o Eleven specimens were collected along a quartz vein at the Rico showing. The specimens from the structure averaged 54 g/t gold with 11,512 g/t silver, the highest sample being 270 g/t gold with 44,048 g/t silver. Thirteen specimens were collected from a vein on Mine Hill and averaged 6 g/t gold with 522 g/t silver.
    o The program proved the Electrum Property has multiple high-grade gold-silver epithermal breccia vein systems and gave us a better understating of their sequencing.
  • Excellent logistics including road access, power located 2 km away and bulk tonnage shipping ports and supportive mining town located just40 km away in a mining friendly jurisdiction.

For a short video on the Electrum property; click here.

For a presentation on the 2015 drill program; click here.

Treaty Creek Property

Treaty Creek is located in British Columbia’s prolific Golden Triangle; one of the richest areas of mineralization in the world with one new mine having come online in 2015 (Imperial Mines Red Chris) and another scheduled for 2017 (Pretium Brucejack) and at least three more world-class mining projects headed toward production.

On May 11th 2016 American Creek formed a joint venture agreement with Tudor Gold wherein American Creek retains a carried interest of 20% of the property until a production notice is given. A partner with the expertise, backing, management team, and experience to develop this potential world scale project was sought after by AMK. Tudor Gold meets and exceeds all of those requirements needed to fully realize the potential of Treaty Creek. American Creek will not have to raise money or dilute as development takes place.

Mineralization in the Treaty Creek claims area lies within the same broad hydrothermal system that generated the several deposits on the Seabridge Gold KSM and the Pretivm Brucejack properties that lie immediately southwest of the Treaty Creek claims. So far over 130 million ounces of gold, 800 million ounces of silver and 20 billion pounds of copper (all categories included), representing one of the greatest concentrations of metal value on the planet, have been delineated within the geological system shared by KSM, Brucejack, and Treaty Creek.

Seabridge Gold’s KSM is the world’s largest undeveloped gold/silver project by reserves while Pretium’s Brucejack is the highest grading undeveloped large-scale gold project in the world. KSM has just past the environmental and permitting stage while the Brucejack is in construction phase. Treaty Creek is part of the same large hydrothermal system as it’s neighbours, hosts the same bedrock geology as its neighbours, the same magneto-telluric (MT) anomalies that proved to be large deposits on both Seabridge and Pretivm’s claims, the same major fault system (Sulphurets) that is responsible for KSM’s deposits, and initial exploration and drilling show similar results to initial drilling on KSM.

A recent Government geological report shows Treaty to be “in the right neighbourhood for B.C’s next big deposit”.Treaty meets all three main criteria of the report which states “that is a big game changer for explorers in the region, because it will get them closer to making a discovery”.

The geological markers on Treaty Creek are saying there are great similarities to the KSM / Brucejack / Valley of the Kings and other deposits found within the same hydrothermal system.Now the right partnership is in place to advance the project and realize its potential.

For a 2 minute video on Treaty Creek; click here.

For an in-depth geological video on Treaty Creek; click here.

Gold Hill Property

The Gold Hill property is located in Southern British Columbia near Cranbrook.Logistics are exceptional with forestry roads throughout the property and power nearby. Gold on the Wild Horse River was discovered in the fall of 1863 by American prospectors and one of the West’s greatest gold rushes ensued. The Wild Horse River yielded close to $7,000,000 dollars (48 tonnes of gold or around $2 Billion in today’s dollars). It is believed that a far greater amount was mined and never accounted for.

The river is considered to be one of the greatest gold creeks in the entire province of British Columbia. The majority of the gold taken from the river was located along a 6km stretch between Boulder Creek (upstream) and Brewery Creek (downstream). While most of the gold has been taken from the placer deposits downstream from Gold Hill, there are still placer operations in the area ranging from small scale panning / sluicing to full scale mining operations.

Historic efforts were made to trace the source / sources of the placer gold. This led explorers (including geologists from Cominco) up the Boulder Creek to what is now called the Gold Hill property. This property constitutes a significant portion of the watershed for Boulder Creek including two main areas where gold was recovered by Cominco (along with others). These areas are known as Big Chief and Gold Hill. Both areas are believed to be major contributing sources for the incredible resources found in the Wild Horse River and as such have tremendous potential. While gold was discovered on the property, the gold price in 1900 did not support extensive hard rock exploration at the time.

The property has been overlook and sat dormant for many years. American Creek was very fortunate to acquire a property with such a rich history and such huge potential. The property was acquired in 2015 and hard rock exploration will begin in 2016.

KWG Shareholders Approve Multi-Voting Share $KWG.ca

Posted by AGORACOM-JC at 1:23 PM on Thursday, August 18th, 2016

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  • Reconvened to vote on a Special Resolution seeking authority to create (by conversion of common shares for holders electing to do so) multiple voting shares re-convertible into their constituent common shares
  • When the adjourned meeting was reconvened this morning 401 million shares were represented by proxy and 363 million of these were instructed to vote in favour of the Special Resolution. The holders of 115 million shares attended the meeting and voted in favour of the Special Resolution.

TORONTO, ONTARIO–(Aug. 18, 2016) - The shareholders of KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) (“KWG”) concluded their Annual and Special General Meeting this morning when it was reconvened to vote on a Special Resolution seeking authority to create (by conversion of common shares for holders electing to do so) multiple voting shares re-convertible into their constituent common shares.

The meeting had been adjourned on July 21, 2016 prior to a vote on the resolution as only some 60% of the votes available to be cast at the meeting were then in favour. Of KWG’s 961 million outstanding shares, proxies for a total of 501 million shares were voted at that meeting and proxies representing 200 million shares were then instructed to be voted against the Special Resolution. The Company reported that its two largest shareholders, voting some 36% of the shares represented in person or by proxy at the meeting, had provided proxies that opposed the initiative which was overwhelmingly supported by the majority of KWG’s numerous individual shareholders. In the result, only some 60% of the votes available to be cast at the meeting were in favour and the meeting was adjourned without the Special Resolution having been put to a vote.

When the adjourned meeting was reconvened this morning 401 million shares were represented by proxy and 363 million of these were instructed to vote in favour of the Special Resolution. The holders of 115 million shares attended the meeting and voted in favour of the Special Resolution.

About KWG:

KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse chromite where resources are being defined. KWG also owns 100% of CCC which has staked claims and conducted a surveying and soil testing program, originally for the engineering and construction of a railroad to the Ring of Fire from Aroland, Ontario. KWG subsequently acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. KWG subsidiary Muketi Metallurgical LP is prosecuting two chromite-refining patent applications in Canada, China, India, Indonesia, Japan, Kazakhstan, South Africa, South Korea, Turkey, and USA. The filings have been receipted in each of those jurisdictions.

Shares issued and outstanding: 961,320,281

Bruce Hodgman
Vice-President
416-642-3575
info@kwgresources.com

Pacific North West Capital (V.PFN) CEO outlines PGM portfolio potential $PFN.ca

Posted by AGORACOM-JC at 12:21 PM on Thursday, August 18th, 2016

  • PGMs to become ever more integral to our daily life
  • need for large domestic supplies will also become incredibly important as the world continues to define its geo-political boundaries

As we move forward into the 21st century with alternative energy traveling on smart grids servicing a variety of energy storage systems, PGMs will become ever more integral to our daily life. The need for large domestic supplies will also become incredibly important as the world continues to define its geo-political boundaries. It’s no wonder North American juniors are scrambling to put together the next big domestic PGM find. Pacific North West Capital (TSX: V.PFN, Forum) has built a robust and diverse portfolio of properties, which includes the company’s 100%-owned highly-prospective River Valley PGM project located in Northern Ontario. I sat down and spoke with Harry Barr, Chairman, CEO & Director of Pacific North West Capital, to get a closer look at the company, its assets and the potential it holds for investors. Have a listen.

http://www.stockhouse.com/news/newswire/2016/08/18/pacific-north-west-capital-v-pfn-ceo-outlines-pgm-portfolio-potential

–Gaalen Engen

http://twitter.com/gaalenengen

Read more at http://www.stockhouse.com/news/newswire/2016/08/18/pacific-north-west-capital-v-pfn-ceo-outlines-pgm-portfolio-potential#mSXrIMSu5FH8okK2.99

Pacific North West Capital Acquires 100% Interest in Eagle Pegmatite, SE Manitoba; Part of the Lithium Two Project $PFN.ca

Posted by AGORACOM-JC at 9:28 AM on Tuesday, August 16th, 2016

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  • Eagle Pegmatite acquired from Mustang Minerals Corp and added as a part of the Lithium Two Project
  • The Lithium Two Project is PFN’s 5th, 100% owned Hard Rock Lithium Project in Southeast Manitoba
  • The Eagle Pegmatite has a 1947 historic, is not 43-101 compliant, and has a resource calculation of 544,460 tonnes of Spodumene with an average content of 1.4% Li2O
  • Summer Surface Exploration planned for 2016 with follow-up drilling in 2017
  • The Company is currently negotiating with interested parties, regarding to Option/Joint Venture arrangements, on its 5, 100% owned Lithium Projects in Manitoba

Vancouver, BC / August 16, 2016 – Pacific North West Capital Corp. (“PFN”, the “Company”) (TSXV: PFN; FSE: P7J; OTCQB: PAWEF announces that it has acquired a 100% interest in Eagle Pegmatite, in SE Manitoba, from Mustang Minerals Corp. This Pegmatite will be a part of the new Lithium Two Project and held under PFN’s 100% owned subsidiary, Lithium Canada Development Inc.

-Eagle Pegmatite acquired from Mustang Minerals Corp and added as a part of the Lithium Two Project

-The Lithium Two Project is PFN’s 5th, 100% owned Hard Rock Lithium Project in Southeast Manitoba

-The Eagle Pegmatite has a 1947 historic, is not 43-101 compliant, and has a resource calculation of 544,460 tonnes of Spodumene with an average content of 1.4% Li2O

-Summer Surface Exploration planned for 2016 with follow-up drilling in 2017

-The Company is currently negotiating with interested parties, regarding to Option/Joint Venture arrangements, on its 5, 100% owned Lithium Projects in Manitoba

The Lithium Two Project is located approximately 145 kilometres (90 miles) NE of Winnipeg, Manitoba, Canada and 22 kilometres north of the Tanco Mine Site. It is a part of the Cat Lake portion of the Cat Lake – Winnipeg River Pegmatite Field. The Winnipeg River Pegmatite Field hosts the World-Class Tanco Pegmatite which has been mined since 1969.

The Lithium Two Project consists of one claim (CAT 3, MB 3903) of 137 hectares (3.4 acres) in size, which is situated north of Cat Lake. The option agreement from Mustang Minerals allows the company to acquire the adjacent ground, should mineralization continue, onto other Mustang claims. This Project has Excellent Access, with a major gravel covered provincial highway through the project area.

The Eagle Pegmatite has been reported to be exposed at surface as a series of lenticular Spodumene-bearing Dykes, over a distance of about 823 metres, with a general strike of 077? and a near vertical dip. Several companies have explored for Pegmatites in the region. In 1947, drilling of the Eagle Pegmatite estimated that there was 544,460 tonnes (600 000 tons) of Spodumene with an average content of 1.4% Li2O to a depth of 61 metres (200 feet). This is a historic estimation and is Non NI 43-101 compliant. It was also reported at that time, that structural controls on the mineralization suggested that the Eagle Pegmatite continued to depth.


Click Image To View Full Size

Lithium Two Project Location Map

The Eagle Pegmatite has a 1947 historic, is not 43-101 compliant, and has a resource calculation of 544,460 tonnes of Spodumene with an average content of 1.4% Li2O

A Surface, Phase One Exploration Program will be carried out during the fall of 2016. This program will consist of Mapping, Prospecting and Sampling of the known Pegmatites. Follow-up Drilling is planned for 2017.

The Lithium Two Project is Lithium Canada Development’s 5th Lithium Project in SE Manitoba. To date, the company has approximately 6,318 hectares (15,612 acres) of mineral claims, with Lithium Mineralization Potential in the Cat Lake-Winnipeg River Pegmatite Field.

As part of our Prospector Generator Model, the Company is currently negotiating with interested 3rd parties for possible Option/Joint Ventures and other Exploration Initiatives on the Company’s Lithium Projects in SE Manitoba.

About The Company’s Lithium Division

The Company’s new Lithium Division will focus on the Discovery, Acquisition, Exploration and Development of Lithium Projects in Canada. In the United States, the Company will use its wholly owned U.S.A subsidiary, to Acquire and Develop Projects in Active Mining Camps in Nevada, Arizona and California.

Management believes that these New Age Metals, Lithium, PGMs and Rare Earths, have robust macro trends with Surging Demands and Limited Supply. Going forward, this New Division will Explore for the minerals needed to fuel the demand for Energy Storage and other core 21st Century Technologies.

The Company has a growing portfolio of Lithium Projects. The Clayton Valley Forks Li Project in Nevada is a recent Lithium Brine Project Acquired by the Company (PFN News Releases April 25th, 2016 and May 9th, 2016). The Company also has Hard Rock Lithium projects in Canada (PFN News Releases April 21st, 2016, May 24th, 2016), July 5th, 2016 and July 21st, 2016) located in the Winnipeg River Pegmatite Field of SE Manitoba.

Lithium and Platinum Group Metal Prices have Improved Dramatically in recent months. Lithium Supplies remain in deficit, relative to their demand. Both Metals Groups are used for the expanding worldwide automobile industry (conventional and electric). In the case of PGMs, demand is increasing for Autocatalysts, a key component for reducing toxic emissions for automotive, gasoline and diesel engines. Regarding Lithium, there is an ever-increasing demand for batteries in cellphones, laptops, electric cars, solar storage, wireless charging and renewable energy products.

An aggressive 2016/17 Acquisition and Exploration Program is underway with the objective to have several projects at the drill ready stage, by early 2017.

About the Company’s Platinum Group Metals Division

Achievements to date and future plans for River Valley are outlined below as follows:

  1. 1.PFN currently has 100% ownership in the River Valley Project, subject to a 3% NSR, with Options to buy down;
  2. 2.Completed Exploration and Development Programs on the River Valley Property include more than 600 holes drilled since year 2000 and several mineral resource estimates and metallurgical studies;
  3. 3.Results for the current (2012) mineral resource estimate are below;
  4. 4.2015 Drill Program confirms New High Grade T2 Discovery


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  1. 5.Exploration and Development Plans outlined for 2016
  2. 6.Ongoing Strategic Partner search for River Valley Project
  3. 7.Results for the most recent Metallurgical Testwork Study are summarized below:

– Prepared by Tetra Tech (Wardrop)

– High Confidence: Measured plus Indicated = 72% of total

– Reported on PdEq basis: Pd=40% & Pt=20% of the payable metals

– Pd to Pt ratio = 2.5:1; Cu to Ni ratio = 3:1

– High Grade potential, particularly in the north part of River Valley deposit

– Resources under evaluation for development potential as open pit mining operation


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  1. 8.Results for the 2015 Discovery Drill Program on the T2 Target are as follows:

– Drill hole intercepts much higher than average grade of current mineral resource estimate

– Possible new mineralized zone at the north end of the River Valley Deposit

– Recent results show potential to take the River Valley PGM Project in a new direction

-More drilling required and field crews are currently ground-proofing the targets to better pinpoint Fall and Winter Drill Programs


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  1. 9. Exploration and Development Plans for 2016:

-Mineral Prospecting and Geological Mapping on surface

-Drill Programs targeted to add more higher grade

-Geological Interpretation and 2D/3D Modeling of all Drill and Surface results

-Application to the OPA’s Junior Exploration Assistance Program (JEAP) for 33% refund

of all Exploration Expenditures, up to $300,000.

-Ongoing Strategic Partner Search for River Valley

  1. 10.PFN has recently (News Release August 4th, 2016) acquired additional ground in the River Valley area from Mustang Minerals
  2. 11.Aggressive on-going Project Acquisition Program in North America, with Specific focus on the Sudbury Mining District and in Alaska

QUALIFIED PERSON

The contents contained herein that relates to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Dr. Bill Stone, Principal Consulting Geoscientist for Pacific Northwest Capital. Dr. Stone is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content.

On behalf of the Board of Directors

” Harry Barr ”

Harry Barr

Chairman and CEO

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Cautionary Note Regarding Forward Looking Statements:. This release contains forward-looking statements that involve risks and uncertainties. These statements may differ materially from actual future events or results and are based on current expectations or beliefs. For this purpose, statements of historical fact may be deemed to be forward-looking statements. In addition, forward-looking statements include statements in which the Company uses words such as “continue”, “efforts”, “expect”, “believe”, “anticipate”, “confident”, “intend”, “strategy”, “plan”, “will”, “estimate”, “project”, “goal”, “target”, “prospects”, “optimistic” or similar expressions. These statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors, including, among others, the Company’s ability and continuation of efforts to timely and completely make available adequate current public information, additional or different regulatory and legal requirements and restrictions that may be imposed, and other factors as may be discussed in the documents filed by the Company on SEDAR (www.sedar.com), including the most recent reports that identify important risk factors that could cause actual results to differ from those contained in the forward-looking statements. The Company does not undertake any obligation to review or confirm analysts’ expectations or estimates or to release publicly any revisions to any forward-looking statements to reflect events or circumstances after the date hereof or to reflect the occurrence of unanticipated events. Investors should not place undue reliance on forward-looking statements.

American Creek Reports That Drilling Has Commenced at Treaty Creek $AMK.ca

Posted by AGORACOM-JC at 9:24 AM on Tuesday, August 16th, 2016

  • Tudor has now completed the previously announced Magnetotelluric survey,
  • Commenced drilling on the Treaty Creek Property
  • Located immediately adjacent to Seabridge Gold’s KSM project in the “Golden Triangle” of NW British Columbia 75km north of Stewart

CARDSTON, ALBERTA–(Aug. 16, 2016) - American Creek Resources Ltd. (TSX VENTURE:AMK) (“American Creek”) is pleased to report that its JV partner, Tudor Gold Corp. (TSX VENTURE:TUD) (“Tudor”) has now completed the previously announced Magnetotelluric survey (“MT survey”) and has commenced drilling on the Treaty Creek Property located immediately adjacent to Seabridge Gold’s KSM project in the “Golden Triangle” of NW British Columbia 75km north of Stewart.

The MT survey was conducted by Simcoe Geoscience Ltd. using the same geophysicist that designed, ran, and interpreted MT surveys on the adjacent KSM and Brucejack projects owned by Seabridge Gold and Pretivm Resources respectively. The Treaty Creek program utilized the same equipment and technology that has been used with great success on the adjoining properties. The survey is 3D and covers all the areas of known mineralization on the Treaty Creek property and will aid in revealing the extent of the existing MT anomalies in far greater detail, and potentially reveal new anomalies, giving Tudor the same type of insights that have contributed to the major discoveries on the Seabridge and Pretivm properties within the same hydrothermal system.

American Creek and Tudor recently entered into a joint venture agreement with Tudor holding a 60% interest and American Creek and Teuton Resources Corp. each holding 20% carried interests in the project. Tudor is the operator.

An updated link with more information regarding the MT survey and the Treaty Creek property can be found on the American Creek website homepage.

American Creek Resources Ltd. is a Canadian junior mineral exploration company focused on the acquisition, exploration and development of mineral deposits within the Province of British Columbia, Canada.

Information relating to the Corporation is available on its website at www.americancreek.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Kelvin Burton
403 752-4040
info@americancreek.com
www.americancreek.com

Durango Phase One Exploration Completed at Nemaska Properties $DGO.ca

Posted by AGORACOM-JC at 8:37 AM on Monday, August 15th, 2016

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  • Exploration team has completed its inaugural field exploration program on its group of properties near Nemaska
  • Program which included detailed mapping and sampling of the newly identified pegmatite outcrops and outcropping ridges on Durango’s Nemaska Whabouchi area properties

Vancouver, BC / August 15, 2016 – Durango Resources Inc. (TSX.V-DGO), (the “Company” or “Durango”) announces that further to the news release of August 3, 2016, Durango’s exploration team has completed its inaugural field exploration program on its group of properties near Nemaska, Quebec.

Mr. Donald Theberge, P.Eng., M.B.A led the exploration program which included detailed mapping and sampling of the newly identified pegmatite outcrops and outcropping ridges on Durango’s Nemaska Whabouchi area properties. The helicopter assisted work program focused on reaching inaccessible areas to prioritize drill targets and was completed ahead of schedule thanks to the hard working exploration crew.

Previous work in 2011 outlined multiple pegmatite occurrences on Durango’s NMX East claims adjacent to Nemaska Lithium Inc. (TSX-NMX), and were evaluated for targets to be added to a drilling schedule. The program was successful in sampling the identified pegmatites and outcropping ridges which were not previously evaluated by any companies. A total of 87 grab samples were taken during the survey of the properties and the samples have been sent to ALS Minerals Laboratories in Val D’Or, Quebec. The geologists will supply information on the sampling program and issue a report on the work completed with correlating results as soon as they become available.

Marcy Kiesman, CEO of Durango, comments, “We would like to thank Nemaska Lithium Inc. for their hospitality and allowing our team to visit their impressive neighbouring Whabouchi property. We would also like to thank the people of the Cree First Nation of Nemaska for taking time to speak with us and providing us with a tour of the community. We are fortunate to be poised for discovery in an area teeming with activity.”

The technical contents of this release were approved by Mr. Donald Theberge P.Eng., M.B.A., a Qualified Person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report.

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner’s Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and certain lithium properties near the Whabouchi mine, the Buckshot graphite property near the Miller Mine in Quebec, the Dianna Lake silver project in northern Saskatchewan, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario, as well as three sets of claims in the Labrador nickel corridor.

For further information on Durango, please refer to its SEDAR profile at www.sedar.com.

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900 or 604.339.2243

Facsimile: 888.266.3983

Email: durangoresourcesinc@gmail.com

Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to the purchase, development, completion of Financing, commencement and completion of future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

INTERVIEW: Explor Resources Discusses Flagship Property Hosting 609k oz Indicated 470K oz Inferred Gold $EXS.ca $TCK.ca

Posted by AGORACOM-JC at 8:16 AM on Tuesday, August 9th, 2016

  • NI 43-101 Resource: 609,000 oz Indicated
    470,000 oz Inferred Gold
  • 13 km from downtown Timmins
  • Property is 2.5 km, NE of West Timmins Mine
  • Model: Hollinger McIntyre Gold System: 30,000,000 oz. Au
  • Discovery Hole 10-30 : 9.22g/tonne over 11.0 meters
  • Optioned to Teck Resources
  • Teck to spend $12,000,000 to earn 70% interest

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