Agoracom Blog Home

Posts Tagged ‘#mining’

FEATURE: Glacier Lake Resources $GLI.ca Silver Vista Project Ready to Drill $JAX.ca $AMI.ca $GTT.ca $HBM.ca

Posted by Er at 2:00 PM on Thursday, November 16th, 2017

Why Glacier Lake Resources

Developing Silver Vista Project into Bulk Tonnage Silver & Copper

  • Glacier Lakes controls the Silver Vista project, a sediment hosted copper-silver deposit
  • Potential to host bulk tonnage silver mineralization.
  • Sediment-hosted copper deposits are a large and diverse group that includes some of the richest and larges deposits in the world
  • Silver Vista: Sedimentary Hosted Copper & Silver Deposit
  • 84M of historical 195g/t Silver & 3.65 g/t Copper at 193M depth
  • Sediment Hosted strata bound deposit
  • Prime target for Bulk Tonnage Silver & Copper deposit
  • Soil Geo-Chem survey outlined a 2.0KM by 1.5KM anomaly
  • Property has not been explored beyond an initial 1200 meter, 14 hole program
  • Drill program scheduled, results could be obtained as early as Q1/2018

 

 

 

https://glacierlake.ca/wp-content/uploads/2017/09/GLI_SilverVista_PPT09Sep2017.pdf

 

Successful Program on Seabridge’s $SA $SEA.ca Iron Cap Has Significant Implications For Both The KSM and Treaty Creek $SKE.ca $TUD.ca $PVG

Posted by AGORACOM-JC at 10:56 AM on Thursday, November 16th, 2017

Hublogolarge2 copy

  • Seabridge Gold just concluded a very successful program on their Iron Cap zone (bordering Treaty Creek) which confirms the report to be correct
  • Report predicted that the Iron Cap could be one of “B.C.’s next big deposits” and the recently concluded 2017 exploration program confirms that it is

November 16, 2017 

TSX-V:AMK

Cardston, Alberta

In 2014 a significant geological report (Kyba / Nelson) was published with a new geological understanding concerning the “mega deposits” found in B.C.’s Golden Triangle.  Seabridge Gold just concluded a very successful program on their Iron Cap zone (bordering Treaty Creek) which confirms the report to be correct.  The report predicted that the Iron Cap could be one of “B.C.’s next big deposits” and the recently concluded 2017 exploration program confirms that it is.  The report also predicted that Treaty Creek could be one of “B.C.’s next big deposits” and the 2017 exploration program initial results are confirming that is the case.  Co-author Jeff Kyba has left his position as Regional Geologist for the B.C. Ministry of Energy and Mines (Skeena division) and is now assisting in advancing Treaty Creek.

See how the successful Iron Cap program has significant implications for both the KSM and the Treaty Creek projects.

CLICK HERE

 

A summary of the Treaty Creek project can be viewed here: http://www.americancreek.com/images/pdf/Treaty_Creek_Joint_Venture_Project.pdf

The Treaty Creek Project is a joint venture between Tudor, Teuton Resources Corp., and American Creek. Tudor is the operator and holds a 60% interest with both American Creek and Teuton each holding respective 20% carried interests in the property (fully carried until a production notice is given).

About American Creek

American Creek holds a strong portfolio of gold and silver properties in British Columbia. The portfolio includes three “Golden Triangle” gold/silver properties; the Treaty Creek and Electrum joint ventures with Walter Storm/Tudor as well as the recently acquired 100% owned past producing Dunwell Mine group of properties. Other properties held throughout BC include the Gold Hill, Austruck-Bonanza, Ample Goldmax, Silver Side, and Glitter King.

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: info@americancreek.com. Information relating to the Corporation is available on its website at www.americancreek.com

Are #Esports going to replace the beautiful game? $GMBL #ManUtd

Posted by AGORACOM-JC at 11:47 AM on Wednesday, November 15th, 2017

  • The best gamers have millions who follow their lives. Images of Faker, a 21-year-old bespectacled South Korean described as the Michael Jordan of League Of Legends (a multiplayer online battle arena)
  • They make millions through prizes, appearance fees or merchandise. They have fans and fan clubs who sing about and chant names of star players. There are transfers between teams.

I recently took the 256 bus from Urmston, via Stretford, to Old Trafford. I was on that bus frequently as a kid and it was packed with equally young, local Manchester United fans who paid to stand on the terraces which covered all four sides of Old Trafford. The bus trip was part of the day, a raucous experience, be it mixing with fellow fans, people from other schools or goading stray away fans from the safety of the upper deck.

As I got off the 256 outside the Bishop Blaize pub on my way to watch United beat Everton, the only other passengers disembarking were five stadium catering staff. There wasn’t a single United fan.

Old Trafford has been expanded, but it’s still full for every league game and going to games is not accessible like it was. The average age of the fan has increased steadily since the Taylor Report. You still see kids at games, but they’re not the unaccompanied gangs of yore, but shepherded by an adult into the family stand. The rest of the stadium is populated largely by the middle-aged onwards

United are hamstrung as they can’t turf fans out for being old, though the club do work hard to offer tickets for cup games where demand is lower. Having established that the average age of an MUTV viewer is 53, they’re also trying to attract younger fans to a new app.

It’s not just United. A friend who stood on the terraces at his beloved AFC Wimbledon last week was struck by the profile of those around him.

“They were all old men,” he stated. “The hardcore, the faithful. I’m a bit worried about our prospects at our new home if we don’t attract more young people.”

Wimbledon have been an incredible success, but they attract crowds of 4,000 in a division where Bradford average 20,000, Portsmouth 17,000, Charlton and Blackburn 11,000. Without a benefactor, Wimbledon are doing well to be where they are, even if there’s a lack of goals and great games. My friend suspected that younger people had more exciting pursuits to occupy their time.

There are alternatives. I grew up in a football city where if you were into football, you either played it or you went to support your team. Or you did both. If you didn’t go to games then you weren’t considered a proper football fan, and televised games were few and not a substitute for the real thing.

Now, most people who support Manchester United don’t go to games. There’s been a gigantic shift, with United’s global support watching every kick on screens of varying sizes. There’s no need to miss a game. While televised football was once considered a grievous threat to match-going attendances, now it barely matters.

PA Photos

Far more people are watching football, both in person and televised, than ever before. Compare the average attendances from 1986 to today’s. Manchester United’s was 46,321 (now 75,027), Manchester City’s 24,299 (52,268), Liverpool‘s 35,271 (53,191), Arsenal‘s 23,824 (59,290), Chelsea‘s 21,984 (41,501) and Tottenham‘s 20,859 (70,724).

English football is incredibly popular, stadiums continue to expand, thanks mainly to lucrative television deals. There are three fifth-tier teams with average crowds above 4,000 – it’s unheard of outside England. But are the kids attending? And, if not, what else are they doing?

I was recently asked to host an interview on eSports in Lisbon with Sam Mathews, the founder and chairman of something called Fnatic. A Melbourne-raised Shoreditch resident, Mathews’ Fnatic has been called the Manchester United of its genre with its Counter-Strike team former world champions. The team even has a coach.

I’d never heard of it, nor knew much of eSports or eGamers – a phrase Sam quickly corrected me as a no-no, suggesting that eAthletes was more appropriate.

Athletes? It was explained that while they might not be running around a field, they were showing skills in other ways, through co-ordination, daring moves against rivals, practice and dedication. They were bringing joy to millions, too.

I assumed that people who played a lot of computer games were pasty-faced geeks who struggled with real-life social interaction. I was in for a surprise, but the interview brief seemed ridiculous. “Can eSports franchises build a brand similar to that of Real Madrid and Manchester United?”

The interview was on a stage in front of 900 seats at the Lisbon Web Summit. All appeared taken. The crowd were asked if they’d heard of Manchester United. Almost all raised their hands. Then they were asked if they’d heard of Fnatic. A similar number raised their hands.

Sam explained how 60,000 had recently watched an eSports event at Beijing’s iconic Bird Nest stadium. I struggled to get my head around why anyone would travel to watch people play computer games, but I was the odd one out here.

The best gamers have millions who follow their lives. Images of Faker, a 21-year-old bespectacled South Korean described as the Michael Jordan of League Of Legends (a multiplayer online battle arena), sobbing after an unexpected defeat last year brought an outpouring of emotion and sympathy from millions.

They make millions through prizes, appearance fees or merchandise. They have fans and fan clubs who sing about and chant names of star players. There are transfers between teams.

This phenomenon has largely escaped the mainstream – eAthletes don’t make the news or the covers of magazines, which tend to go for real-world stories. But the mainstream is now sitting up and taking notice. Manchester City and Paris Saint-Germain are among two of the clubs now employing professional eAthletes. There’s an alternate Dutch Eredivisie for gamers.

Thirty million watched the 2016 League Of Legends World Championship, where the winners took $2.68 million in prize money. Little wonder mainstream television channels want a piece. The people behind LA’s bid for the 2024 Olympics considered proposing eSports for inclusion.

Interview over, it was time to hear other views when I spoke to eSport fans. They wanted to know what was the big deal about paying £40 to sit in the cold and see one goal in 90 minutes at a conventional football game?

I imagined being a 10-year-old being taken to watch Louis van Gaal’s Manchester United. I’d probably have been back on Space Invaders as quickly as possible.

Other eSport advocates talked of their communities, their friendships with people around the world; technology has allowed that, though the virtual and real seem to blur. Isn’t that the same in other areas of life, when people are registered on forums under pseudonyms? United, along with several other top clubs, are trialling virtual reality in training sessions.

The eSport fans were also curious to know what was so great about travelling hundreds of miles to watch a game that had been switched for the benefit of television? And when I talked of how unhealthy it must be to spend ten franchises’ hours a day in front of a screen, they pointed out that football fans were hardly renowned for being paragons of health.

Where there’s mass interest, money will follow. The biggest Korean firms already sponsor teams of professional eAthletes. The last two championships have been staged in Los Angeles. It’s accessible, fast improving, attractive, well marketed and a threat to conventional, professional sport games such as football, cricket, baseball, boxing or rugby – sports conceived in England and exported via the British Empire. Who’s to say there shouldn’t be new mass appeal sports?

Anyway, for me – admittedly in my forties and fitting the demographic perfectly – the buzz is from anticipating everything that goes with Newcastle at home on Saturday. Should I get the bus or the tram? And those paper fanzines need protecting if it rains.

Source: http://www.gq-magazine.co.uk/article/are-esports-going-to-replace-the-beautiful-game

St-Georges’ $SX.ca Subsidiary Kings of the North Corp Signs Letter Of Intent To Option Canadian Orebodies’ Hemlo North Limb Gold Project

Posted by AGORACOM-JC at 3:56 PM on Tuesday, November 14th, 2017

Sx large

  • Pleased to report on the progress of newly formed subsidiary, Kings of the North Corp. and its plans to option or “farm-in” the Hemlo North Limb Project
  • Company has entered into a Letter of Intent (“LOI”) with Canadian Orebodies (TSX-V: CORE)

TheNewswire / November 14, 2017 / St-Georges Platinum & Base Metals ltd. (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to report on the progress of newly formed subsidiary, Kings of the North Corp. and its plans to option or “farm-in” the Hemlo North Limb Project.

The company has entered into a Letter of Intent (“LOI”) with Canadian Orebodies (TSX-V: CORE) in order to option or “farm-in” CORE’s Hemlo North Limb Property which is located approximately 17 km northeast of the Hemlo gold mine in the Ontario’s Marathon district. It covers approximately 7,008 hectares. A highway bisects the project providing good access to much of the property. A NI 43-101 Technical Report was completed in December 2016.

KOTN interest in the project is driven by the similarity of formations within the project boundaries and at the nearby Hemlo Mine. These porphyry bodies contain gold within and adjacent to the property boundaries of the Hemlo North Limb Property. In addition, multiple gold and precious metal targets occur within banded iron formation and volcanic hosted massive sulfides. The company believes the multitude of gold and base metal targets generated by past work coupled with geophysical anomalies and historic drilling have de-risked the next phase of exploration. (See Figure 1. Below)


Click Image To View Full Size

Figure 1. Hemlo North Limb Property, Map of Mineral Occurrences

Kings of the North Corp. intends to complete a reconnaissance program in the spring which will follow up on all VTEM anomalies and proposed drill targets before prioritizing its drilling program in summer, 2018.

Kings of the North President, Mark Billings commented, “Kings of the North Corp. is very pleased to have entered into this agreement with Canadian Orebodies. We are excited about working with Canadian Orebodies to explore and develop the Hemlo North Limb Gold Property. This transaction represents a major step of our acquisition and development strategy for KOTN.”

Terms of the Transaction

The LOI describes the terms and the conditions that should lead to a formal agreement. The parties agree that the Definitive Agreement will not be entered into until KOTN can demonstrate that it has raised at least $3,000,000 in equity financing.

In order to acquire an initial 50% interest in the Hemlo North Limb Property, KOTN agrees to:

-Pay to CORE a $50,000 cash deposit, on or before December 31, 2017

-Upon execution of the Definitive Agreement, issue to CORE a $350,000 principal amount secured convertible note bearing interest at a rate of 15% per annum, calculated monthly but payable on maturity. The principal and accrued interest under the First Convertible Note will be convertible at the option of the holder at any time into common shares of KOTN at a conversion price equal to the lesser of the volume-weighted average price (“VWAP”) of KOTN’s common shares for the 20 trading days prior to conversion or, if KOTN is not a public company at the time of conversion, the price or deemed price per KOTN common shares in the most recent transaction in which KOTN issued common shares or securities convertible into KOTN common shares.

-Incur or cause to be incurred exploration expenditures of $2,000,000 on the Properties before December 31, 2018

In order to acquire an additional 25% interest in the Hemlo North Limb Property (for a total of 75%), KOTN agrees to:

 

-Issue to CORE a $650,000 principal amount secured convertible note bearing interest at a rate of 15% per annum, calculated monthly but payable on maturity. The principal and accrued interest under the Second Convertible Note will be: (a) convertible at the option of the holder at any time prior to KOTN’s becoming a Public Company into common shares of KOTN at a conversion price equal to the price or deemed price per KOTN common share in the most recent transaction in which KOTN issued common shares or securities convertible into KOTN common shares; and (b) if not previously converted, shall be automatically converted at the deemed stock exchange listing price of KOTN’s common shares upon KOTN’s becoming a Public Company.

-Incur or cause to be incurred an additional $2,000,000 in exploration expenditures on the Properties and provide a NI 43-101 technical report before December 31, 2019.

In order to acquire an additional 10% interest in the Hemlo North Limb Property (for a total of 85%), KOTN agrees to deliver a positive pre-feasibility study (with going forward recommendations) on the Project before December 31, 2021.

Canadian Orebodies Buyback Option

Canadian Orebodies has the option to buy back up to a 25% interest in the Properties by making the following payments to the Purchaser:

-$1,000,000, and

-300% x (the qualified expenditures incurred by the Purchaser, as well as any amounts incurred in relation to the production of a technical report and/or a pre-feasibility study) x (percent interest to be bought back by the Vendor)

For example, assume the Purchaser obtains an 85% interest in the Properties after having spent $5,000,000 in total, and the Vendor wishes to buy back a 25% interest in the Properties. The Vendor would have to pay to the purchaser:

-$1,000,000 +

-300% x $5,000,000 x 25% = $3,750,000

-TOTAL = $4,750,000.

Thus, after having paid to the Purchaser the amount of $4,750,000, the Vendor would then have a 40% interest in the Properties and the Purchaser would be reduced to 60%.

Kings of the North and Canadian Orebodies shall provide additional information in regards to the contemplated transaction and its progress in the coming weeks.

Herb Duerr, CP.Geo, St-Georges’ Director is a qualified person under NI 43-101 and has reviewed and approved the technical content of this release.

ON BEHALF OF THE BOARD OF DIRECTORS

 

“Mark Billings”

 

MARK BILLINGS, PRESIDENT & CEO OF KINGS OF THE NORTH CORP. AND CHAIRMAN OF THE BOARD OF ST-GEORGES PLATINUM LTD.

 

About St-Georges

 

St-Georges is developing new technologies with the goal of solving some of the well-known environmental problems in the mining industry.

 

The Company controls directly or indirectly, through first refusal right, all of the active mineral tenures in Iceland. It also explores for nickel on the Julie Nickel Project & for industrial minerals on Quebec’s North Shore and for lithium and rare metals in Northern Quebec and in the Abitibi area. Headquartered in Montreal, St-Georges’ stock is listed on the CSE under the symbol SX, on the US OTC under the Symbol SXOOF and on the Frankfurt Stock Exchange under the symbol 85G1. For additional information, please visit our website at www.stgeorgesplatinum.com

 

The Canadian Securities Exchange (CSE) has not reviewed and does not accept responsibility for the adequacy or the accuracy of the contents of this release.

 

Copyright (c) 2017 TheNewswire – All rights reserved.

HPQ Silicon $HPQ.ca Announces Equity Financing to Advance PUREVAP(TM) Testing and Commencement of Pilot Plant Equipment Build Out $FSLR $SPWR $CSIQ $NEP

Posted by AGORACOM-JC at 3:53 PM on Tuesday, November 14th, 2017

Hpq large

  • Proceeding with a non-brokered equity financing to support the advancement of its ongoing PUREVAP™ Quartz Reduction project
  • Current round of funds are targeted at advancing Gen2 testing and commencement of the Pilot Plant Equipment build out

MONTREAL, QUEBEC–(Nov. 14, 2017) – HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to inform shareholders that it is proceeding with a non-brokered equity financing to support the advancement of its ongoing PUREVAP™ Quartz Reduction project. The current round of funds are targeted at advancing Gen2 testing and commencement of the Pilot Plant Equipment build out.

Bernard Tourillon, Chairman and CEO of HPQ Silicon stated: “This round of funding will provide HPQ-Silicon with the resources and flexibility to continue the advancement of the Gen2 testing and Pilot Plant Equipment project with PyroGenesis. After this round, the remaining capital expenditure to complete the entire project, including running the Pilot Plant Equipment, is estimated to be $3.8 million. Regarding the financing of the $3.8 million, HPQ management is in discussion with institutions in order to complete the financing package during 2018.”

Terms of the proposed Private Placement

HPQ-Silicon is proceeding with a non-brokered private placement of up to 11,400,000 units (“Unit”) at $0.10 per Unit for gross proceeds of up to $1,140,000. Insider participation in this placement could account for up to 5% of the total amount subscribed.

Net proceeds of the placement will be used for on-going business development costs related to the development of HPQ PUREVAP™ Quartz Reduction Reactor project and 200 TPY Pilot Plant Equipment, general corporate expenses, placement fees and legal expenses. If demand warrants it, the placement may be increased by up to another 5,000,000 units.

Each Unit is comprised of one (1) common share and one (1) common share purchase warrant (“Warrant”) of the Company. Each Warrant will entitle the holder thereof to purchase one common share of the capital stock of the Company at an exercise price of $ 0.15 during a period of 36 months from the date of closing of the placement. Each share issued pursuant to the placement will have a mandatory four (4) month and one (1) day holding period from the date of closing of the placement. The placement is subject to standard regulatory approvals.

The Corporation will pay Finder’s Fees, subject to the TSX-V policies, to introducing agents that participate in the private placement.

La version française du communiqué de presse sera disponible sur http://www.hpqsilicon.com

This News Release is available on the company’s CEO Verified Discussion Forum, a moderated social media platform that enables civilized discussion and Q&A between Management and Shareholders.

About HPQ Silicon

HPQ Silicon Resources Inc is a TSX-V listed resource company planning to become a vertically integrated and diversified Metallurgical Grade and Solar Grade Silicon Metal producer.

Our business model is focused on developing a disruptive one step High Purity and Solar Grade Silicon Metal manufacturing process (patent pending). HPQ plans to generate high yield returns and significant free cash flow within a relatively short time line. The process will have a greatly decreased carbon footprint, energy footprint, and will eliminate the use of the toxic chemical reagents and by products now in use by the current solar silicon production technologies, which fundamentally date from designs made in the mid 1900’s.

Disclaimers:

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or the securities laws of any state of the United States and may not be offered or sold within the United States or to, or for the account or the benefit of, U.S. persons (as defined in Regulation S un der the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

This press release contains certain forward-looking statements, including, without limitation, statements containing the words “may”, “plan”, “will”, “estimate”, “continue”, “anticipate”, “intend”, “expect”, “in the process” and other similar expressions which constitute “forward-looking information” within the meaning of applicable securities laws. Forward-looking statements reflect the Company’s current expectation and assumptions, and are subject to a number of risks and uncertainties that could cause actual results to differ materially from those anticipated. These forward-looking statements involve risks and uncertainties including, but not limited to, our expectations regarding the acceptance of our products by the market, our strategy to develop new products and enhance the capabilities of existing products, our strategy with respect to research and development, the impact of competitive products and pricing, new product development, and uncertainties related to the regulatory approval process. Such statements reflect the current views of the Company with respect to future events and are subject to certain risks and uncertainties and other risks detailed from time-to-time in the Company’s on-going filings with the securities regulatory authorities, which filings can be found at www.sedar.com. Actual results, events, and performance may differ materially. Readers are cautioned not to place undue reliance on these forward-looking statements. The Company undertakes no obligation to publicly update or revise any forward-looking statements either as a result of new information, future events or otherwise, except as required by applicable securities laws.

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.

Shares outstanding: 173,678,173

HPQ Silicon Resources Inc.
Bernard J. Tourillon
Chairman and CEO
(514) 907-1011

HPQ Silicon Resources Inc.
Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com

#NSM.ca Northern Sphere Drills an Impressive 13.3 Grams Gold over 10.5 Metres $Wm.ca $FNI.ca

Posted by Er at 2:24 PM on Tuesday, November 14th, 2017

 

  • Northern Sphere received 1st set of assays for its initial drill program at Scadding in Sudbury
  • Hole 17-03 Intercepted 13.3 Grams Gold over 10.5 Metres in a Chlorite Breccia with visible gold
  • Hole 17-06 encountered approximately 100 metres of mineralized chlorite breccia, intersecting a significant fault structure at 158m, mineralized quartz veining along with apparent mineralized felsics.
  • Eric Sprott holds an Insider Position in the Company
  • Helmed by Legendary Financier Sheldon Inwentash, CPA, CA., LL.D. (Hon)

 

 

Link to Nov 8th Press Release

 

Wallbridge $WM.ca announces a custom milling contract with Monarques Gold $MQR.ca for 35,000-tonne bulk sample from Fenelon #Gold property

Posted by AGORACOM-JC at 9:34 AM on Tuesday, November 14th, 2017

Monarquesgold hub large

  • Monarques will process the 35,000-tonne bulk sample ore from the Fenelon Gold property, located 75 km west-northwest of Matagami, Quebec, at its Camflo mill.

TORONTO, Nov. 14, 2017 – Wallbridge Mining Company Limited (TSX:WM, FWB: WC7) (“Wallbridge“) is pleased to announce that progress toward mining of a bulk sample at its Fenelon Gold property has taken a significant step forward with the signing of a custom milling contract with Monarques Gold Corporation (“Monarques”) (TSX.V:MQR) (FRANKFURT:MR7).

Monarques will process the 35,000-tonne bulk sample ore from the Fenelon Gold property, located 75 km west-northwest of Matagami, Quebec, at its Camflo mill.

“The signing of this toll milling contract is a major milestone in our plans for an underground bulk sample to assess the nature of high-grade gold mineralization and to drill for expansion of the resource at the Fenelon Gold property,” said Marz Kord, Wallbridge President and CEO, “Importantly, the Camflo mill is familiar with the characteristics of processing Fenelon Gold ore. This is the same mill which processed previous bulk samples from Fenelon Gold in 2001 and 2004 with recoveries in excess of 97% at head grades of over 10 grams per tonne.”

The Qualified Person responsible for this press release is Marz Kord, P.Eng., M.Sc., MBA, President & CEO for Wallbridge Mining Company Limited.

About Wallbridge Mining

Wallbridge is establishing a pipeline of projects that will support sustainable production and revenue as well as organic growth through exploration and scalability.

Wallbridge is currently preparing to develop its 100%-owned high-grade Fenelon Gold Property in Quebec with ongoing exploration and a bulk sample targeted to start in 2017. Wallbridge is also in discussions regarding several other advanced stage projects which could become the Company’s next mines.  These discussions benefit from the operating capabilities Wallbridge demonstrated by safely and efficiently mining the Broken Hammer deposit in Sudbury, which was completed in October 2015.  Wallbridge is also continuing partner-funded exploration on its large portfolio of nickel, copper, and PGM projects in Sudbury, Ontario, with a focus on its high-grade Parkin project.

Wallbridge also has exposure to active exploration for copper and gold in Jamaica and British Columbia through its 12.7% ownership of Carube Copper Corp. (CUC:TSX-V, formerly Miocene Resources Limited).

This press release may contain forward-looking statements (including “forward-looking information” within the meaning of applicable Canadian securities legislation and “forward-looking statements” within the meaning of the US Private Securities Litigation Reform Act of 1995) relating to, among other things, the operations of Wallbridge and the environment in which it operates. Generally, forward-looking statements can be identified by the use of words such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “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” or “will be taken”, “occur” or “be achieved”. Wallbridge has relied on a number of assumptions and estimates in making such forward-looking statements, including, without limitation, the costs associated with the development and operation of its properties. Such assumptions and estimates are made in light of the trends and conditions that are considered to be relevant and reasonable based on information available and the circumstances existing at this time. A number of risk factors may cause actual results, level of activity, performance or outcomes of such exploration and/or mine development to be materially different from those expressed or implied by such forward-looking statements including, without limitation, whether such discoveries will result in commercially viable quantities of such mineralized materials, the possibility of changes to project parameters as plans continue to be refined, the ability to execute planned exploration and future drilling programs, the need for additional funding to continue exploration and development efforts, changes in general economic, market and business conditions, and those other risks set forth in Wallbridge’s most recent annual information form under the heading “Risk Factors” and in its other public filings. Forward-looking statements are not guarantees of future performance and such information is inherently subject to known and unknown risks, uncertainties and other factors that are difficult to predict and may be beyond the control of Wallbridge. Although Wallbridge has attempted to identify important risks and factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors and risks that cause actions, events or results not to be as anticipated, estimated or intended. Consequently, undue reliance should not be placed on such forward-looking statements. In addition, all forward-looking statements in this press release are given as of the date hereof.

Wallbridge disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws. The forward-looking statements contained herein are expressly qualified by this disclaimer.

SOURCE Wallbridge Mining Company Limited

View original content with multimedia: http://www.newswire.ca/en/releases/archive/November2017/14/c1153.html

Please visit the Company’s website at www.wallbridgemining.com or contact: Wallbridge Mining Company Limited, Joshua Bailey, P.Geo., M.Sc., MBA, Vice President Exploration, Tel: (705) 682-9297 ext. 240, Email: jbailey@wallbridgemining.com; David Ellis, Investor Relations, Tel: (416) 704-0937, Email: dellis@wallbridgemining.comCopyright CNW Group 2017

FEATURE: American Creek $AMK.ca JV Drill Program is Well on Its Way to Defining a Gold Resource $TUD.ca $SA $SEA.ca #Seabridge

Posted by AGORACOM-JC at 11:58 AM on Monday, November 13th, 2017

AMK: TSX-V, OTCBB: ACKRF

RECENT HIGHLIGHTS

  • Encountered numerous high grade gold/silver intercepts in preliminary drilling at the new HC zone at the Treaty Creek Project Read More
  • Additional gold discovery of 5.1m of 9.57 g/t gold from 249.35m to 254.45m Read More
  • Discovered a New Gold Zone at Treaty Creek: 110 M of 0.909 g/t Gold, Upper 316 M of Hole Yet to Be Assayed
  • Specimens from the Electrum property average 27,092 gm/tonne silver and 248 gm/tonne gold. Read More
  • Completed the previously announced Magnetotelluric survey and has commenced drilling Read More
  • Hole CB-16-03 returned 0.526 g/t gold over 629.7 meters
  • Included within this wide 629.7 meter interval is 338 meters of 0.70 g/t gold
  • Also included 54 meters (from 88 to 142 meters) of 1.117 g/t gold and 122 meters of 0.965 g/t gold
  • Reports that drill program is well on its way to defining a Gold Resource

View Presentation

FEATURE: Tartisan Resources $TTC.ca To Acquire Canadian Arrow Mines $CRO.ca

Posted by AGORACOM-JC at 4:26 PM on Thursday, November 9th, 2017

 

  • Tartisan will acquire all of the issued and outstanding common shares of Canadian Arrow Mines Limited by way of a court-approved plan of arrangement
  • Tartisan would issue to Canadian Arrow Mines Limited shareholders one common share of Tartisan for every 17.5 common shares of Canadian Arrow

Other Investment Highlights

  • 100% stake in the Don Pancho Zn-Pb-Ag project located in the Central Peru Polymetallic Belt with US$1.5M spent including 2,020m of diamond drilling and untested targets
  • 20% equity interest in Eloro Resources Ltd. which owns a 100% stake in the drill ready La Victoria Au-Ag project located in a gold belt that includes Pierina and Lagunas Norte
  • 100% stake in the Ichuña Cu-Ag Project located in a reemerging mining camp with exploration upside on an untested geophysical anomaly
  • Properties well located in an established mining country with high geological potential (only 1.34% of the country registers mining activity)

#PGM Mineralization Continues to be Encountered in Drilling at the at the River Valley #Platinum Group Metals Project $NAM.ca

Posted by AGORACOM-JC at 10:36 AM on Wednesday, November 8th, 2017

New age large

  • Drilling continues to encounter PGM mineralization in the Pine Zone of the River Valley PGM Deposit
  • Borehole PL-17-08 intersects 14m of 2.01.g/t Pd+Pt+Au, including 4m at 2.98 g/t Pd+Pt+Au,
  • Drilling into the footwall to the east of the deposit will add to the resource calculation
  • Footwall PGM mineralization is a new and additional source of PGM mineralization to the resource model
  • Updated NI 43-101 resource calculation to commence upon the announcement of final assays.
  • River Valley is the Largest Undeveloped Primary PGM resource in Canada, with 3.9Moz PdEq in Measured Plus Indicated including an additional 1.2Moz PdEq in Inferred

Vancouver, Canada / November 8, 2017 – New Age Metals Inc. (TSX.V: NAM; OTCQB: PAWEF; FSE: P7J.F) is pleased to announce the third and final batch of drill hole results from the 2017 drilling campaign. Drilling was focused on the T3 Zone and Pine Zone as a follow up of the 2015 and 2016 drilling and IP geophysical work at the River Valley PGM Deposit.

Trevor Richardson, President/COO states “The purpose of the 2017 summer/fall exploration program was to focus on the footwall mineralization. The main River Valley PGM Deposit is a contact-style mineralization and this is where the bulk of the resource has previously been identified. The PGM mineralization found in the footwall is newly discovered mineralization and will add to the overall amount of PGM mineralization. This additional mineralization will be reflected in the new resource calculation/updated 43-101 for the River Valley PGM Deposit”.

Pine Zone Footwall Discovery Continues to Provide Positive Results

Present drilling into the footwall of the Dana North Zone area of the River Valley PGM Deposit has defined continuous PGM mineralization. To date PGM mineralization has been extended approximately 140 m eastward of the present known PGM mineralization. Past resource calculations of the Dana North Zone have been determined to be 24 million tonnes at 1.5 g/t PdEq. The recent footwall drilling will add to the resource calculation. Hole PZ-17-08 (figure 2) that is being reported in this release was drilled approximately 40 m to the east of the contact mineralization. It yielded 14 metres of 2.01 g/t Pd+Pt+Au and included 4 metres of 2.09 Pd+Pt+Au.

Review of the present drilling and past work is ongoing and will be used to generate a program of additional drilling for the T3 and Pine Zone in 2018. The new exploration model of footwall mineralization has yet to be tested further south of T3, between T3 and T9 (figure 1), and these targets equate to a small portion of the overall 16km of strike length of the main zone. These areas of potential PGM mineralization will be the focus of ongoing and future exploration of the deposit area.

Pine Zone

The Pine Zone was the first of numerous newly discovered PGM zones within the district-scale River Valley PGM Project. The Pine Zone is located east of the main River Valley Deposit in an area previously not known for mineralization. The 2016 drill program (figure 2) confirmed the higher-grade, near-surface PGM discovery made in the 2015 drill program (figure 2) and highlighted the continuity of the PGM mineralization into the footwall. The Pine Zone remains open along strike and at depth.


Click Image To View Full Size

Figure 1: Drill Hole Distribution Map

Drill results (Table 1) have confirmed continued PGM mineralization in the Pine Zone (footwall) of the main River Valley PGM Deposit. The area from the Pine Zone to T3 equates to approximately ~1000mofstrike length of new mineralization.

 


Click Image To View Full Size

Table 1: Drill Results from the Pine Zone

(3E = Au+Pt+Pd, N.S.A. = no significant assays)


Click Image To View Full Size

Figure 2: T3 Zone and Pine Zone Drill Map

A total of 15 holes were drilled as part of this drill campaign for a total of 4085m (13,402ft) of drilling. Further re-interpretation of the geology, geophysics, structure and PGM mineralization on the project are ongoing with the company’s geological and geophysical consultants. Drill widths are considered not true width due to the exploratory nature of the drill campaign.

Assay Procedures and QAQC

The drilling was undertaken by Jacob & Samuel Drilling Ltd. of Sudbury, Ontario under the supervision of a NAM geologist. The drill core samples were sent to the SGS Canada Inc. Laboratory in Lakefield, Ontario for sample preparation and assay analyses. The preparation involved crushing of 3kg of each sample to 90% passing 2mm, and then pulverizing 0.5kg to 85% passing 75um. Palladium, Platinum and Gold were assayed by fire assay with ICP-AES finish (GE-FAI313). Copper, Nickel and 32 additional metals were assayed by two acid digestion and ICP-OES finish (GE-ICP14B). Blanks and blind certified standard samples were submitted at regular intervals for assay with the core samples as part of NAM’s quality control program.

Future Activity

WSP Canada (News Release: Sept 7th, 2017) will be conducting the updated resource calculation and model for the River Valley PGM Deposit. This will incorporate the new findings and interpretations. The company plans to initialize a Preliminary Economic Assessment (PEA) Report in the future with WSP Canada. In-house recommendations will be compiled to delineate future work upon completion of the 2017 field program with future work on Pine Zone, T3, and new un-explored footwall targets.

Several 43-101 compliant resource estimates have previously been generated for the deposit through the development phases. The River Valley Deposit present resource, with approximately 3.9 PdEq ounces in Measured Plus Indicated mineral resources and near-surface mineralization covers over 16km of continuous strike length.

ABOUT NAM’S PGM DIVISION

NAM’s flagship project is its 100% owned River Valley PGM Project (NAM Website – River Valley Project) in the Sudbury Mining District of Northern Ontario (100 km east of Sudbury, Ontario). Presently the River Valley Project is Canada’s largest primary undeveloped PGM deposit with Measured + Indicated resources of 91 million tonnes @ 0.58 g/t Palladium, 0.22 g/t Platinum, 0.04 g/t Gold, at a cut-off grade of 0.8 g/t PdEq for 2,463,000 ounces PGM plus Gold. This equates to 3,942,910 PdEq ounces. The River Valley PGM-Copper-Nickel Sulphide mineralized zones remains open to expansion. The company has recently completed a drill program on the Pine and T3 Zones.

In 2016, the Company acquired the River Valley extension property from Mustang Minerals which added approximately 4 kilometres to the project’s mineralized strike length to the southern portion of the intrusion.

ABOUT NAM’S LITHIUM DIVISION

The Company has five pegmatite hosted Lithium Projects in the Winnipeg River Pegmatite Field, located in SE Manitoba. Three of the projects are drill ready. This Pegmatite Field hosts the world class Tanco Pegmatite that has been mined for Tantalum, Cesium and Spodumene (one of the primary Lithium ore minerals) in varying capacities, since 1969. NAM’s Lithium Projects are strategically situated in this prolific Pegmatite Field. Presently, NAM is the largest mineral claim holder in the Winnipeg River Pegmatite Field and is seeking JV partners to further develop the company’s Li division.

QUALIFIED PERSON

The contents contained herein that relate to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Carey Galeschuk, a consulting geoscientist for New Age Metals. Mr. Galeschuk is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content of this news release.

On behalf of the Board of Directors

“Harry Barr”

Harry G. 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.