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INTERVIEW: Monarques Gold Discusses Aggressive Work Program on Fully Permitted Croinor Gold Mine $MQR.ca

Posted by AGORACOM-JC at 12:08 PM on Friday, June 9th, 2017

Gold Drop Property Multiple Gold Bearing Rock Samples including 19.6 g/t Gold at Historic C.O.D Shaft and 14.1 g/t Gold at New Vein Showing Greenwood $GGX.ca

Posted by AGORACOM-JC at 8:54 AM on Thursday, June 8th, 2017

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  • Seven grab quartz vein samples collected at the Gold Drop Southwest Zone returned in excess of 1 gram per tonne gold (g/t Au)
  • Two of these samples exceeded 10 g/t Au including a sample adjacent to the historic C.O.D. shaft (19.65 g/t Au) and a bedrock vein sample along a new access road which returned 14.1 g/t Au

Vancouver, British Columbia – GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) is pleased to announce analytical results for initial rock samples collected during May 2017 at its high-grade Gold Drop property, located near Greenwood in southern British Columbia. Seven grab quartz vein samples collected at the Gold Drop Southwest Zone returned in excess of 1 gram per tonne gold (g/t Au). Two of these samples exceeded 10 g/t Au including a sample adjacent to the historic C.O.D. shaft (19.65 g/t Au) and a bedrock vein sample along a new access road which returned 14.1 g/t Au. This new vein showing is approximately 680 metres northeast of the C.O.D. shaft. The property covers geologically prospective ground in the well-mineralized Greenwood Mining Division. The property hosts numerous low-sulfide, gold and silver bearing quartz veins or vein systems, four of which were previously mined. One focus of the current work is to locate and sample reported veins and document historic workings. Such work was conducted in the Gold Drop Southwest Zone during May 2017.

To view the graphic in its original size, please click here

During May 2017 the Company collected multiple rock samples at the Gold Drop Southwest Zone. Gold and silver bearing veins are reported in this area including the C.O.D. and Tel 2 gold – silver vein occurrences (B.C. MINFILE Occurrence No. 082ESE285 and082ESE287). The Company located the C.O.D. vein and historic C.O.D. shaft and other historic trenches and pits in this area during May. Rock samples were collected during the program at the C.O.D. vein at and close to the C.O.D. shaft; and from quartz veins northeast and northwest of the C.O.D. shaft. The samples were submitted to ALS Minerals in North Vancouver for gold analysis (Fire Assay and AAS). Select samples were also analyzed for 33 additional elements (Four Acid and ICP-AES). The Company has received analytical results for the first 20 samples collected. Seven of these rock samples exceeded 1 g/t Au (all being grab rock samples), listed in the following table:

Sample No. Au (g/t)   Comments
      Sample from southwest striking C.O.D. quartz vein (approximately 1 metre wide)
V108001 19.95 at historic  C.O.D. shaft.
V108002 1.20 Sample from C.O.D vein 15 metres southwest of V108001.
      Sample from pyrite bearing, southwest striking quartz vein (approximately 1
      metre wide) at historic shaft approximately 750 metres northeast of sample
V108003 2.93 V18001.
      Sample from pyrite bearing, newly exposed quartz vein (approximately 0.5
      metres wide) along new road. Approximately 80 metres southwest of sample
V108005 14.10 V108003 and approximately 680 metres northeast of V108001 (C.O.D. shaft).
      Sample of quartz vein from small pit approximately 40 metres northeast of
V108007 2.03 sample V108003.
      Sample of quartz vein from small pit approximately 170 metres northeast of
V108008 2.11 sample V108003.
      Sample of quartz vein (approximately 0.5-0.75 metres wide) from small pit
V108011 2.02 approximately 420 northwest of sample V108001.

To view the graphic in its original size, please click here

This historic C.O.D. shaft is reported to be approximately 21 metres deep, and reported to have been sunk around 1900 on a gold bearing quartz vein (C.O.D. occurrence). The shaft was reported to have been de-watered in 1983 with the vein in the shaft being sampled. Historic 1980s trenches reportedly traced the vein to the southwest to the Tel 2 occurrence. The quartz vein in the shaft (C.O.D occurrence) is reported to be 1.22 metres wide, striking northeast – southwest. A 1988 diamond drill hole reported adjacent to the shaft was reported to intersect 7.4 g/t Au and 86.8 g/t Ag over 0.75 metres (true width of mineralization not reported). Chip samples during 1983 from the vein were reported to average 10.3 g/t Au and 102.6 g/t Ag over a length of 1.2 metres. A 1988 quartz vein grab sample from a trench southwest of the C.O.D. shaft was reported to return 20.8 g/t Au and 115.6 g/t Ag (Tel 2 gold and silver occurrence). This 1988 sample was reported as banded chalcedonic quartz.

Excavator trenching is underway now to further expose and trace the gold being veins sampled in May. Trenching in the area of sample V108005 is a high priority to Company management. This newly exposed quartz vein is on the approximate northeast trend of the C.O.D. vein. Samples V108003, V108007 and V108008 were also collected in this general area and further northeast of V108005. Trenching will test the area between the C.O.D shaft and this area of gold bearing veins.

Historic shaft in southwest region of Gold Drop Property

To view the graphic in its original size, please click here

 

To view the graphic in its original size, please click here

Readers are warned that historical records referred to in this News Release have been examined but not verified by a qualified person. Further work is required to verify that historical assays referred to in this News Release are accurate.

David Martin, P.Geo., a Qualified Person as defined by NI 43-101, is responsible for the technical information contained in this News Release.

On Behalf of the Board of Directors,

Barry Brown, Director

604-488-3900

Forward Looking Information

This news release includes certain statements that constitute “forward-looking information” within the meaning of applicable securities law, including without limitation, the Company’s information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. Such statements include statements regarding the completion of the proposed transactions. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved), and variations of such words, and similar expressions are not statements of historical fact and may be forward-looking statements. Forward-looking statement are necessarily based upon several factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements express or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of gold and other metals, anticipated costs and the ability to achieve goals, and the Company will be able to obtain required licenses and permits. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks including that resource exploration and development is a speculative business; that environmental laws and regulations may become more onerous; that the Company may not be able to raise additional funds when necessary; fluctuating prices of metals; the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations; operating hazards and risks; and competition. There can be no assurance that economic resources will be discovered or developed at the Gold Drop Property. Accordingly, actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include continued availability of capital and financing and general economic, market or business conditions, the loss of key directors, employees, advisors or consultants, equipment failures, litigation, competition, fees charged by service providers and failure of counterparties to perform their contractual obligations. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

 

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.

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/ggxgold06082017.pdf

FEATURE: AIM Exploration (AEXE: OTC) Exploring Anthracite Coal, The Highest Quality Metallurgical Coal Available $BTRU.ca

Posted by AGORACOM-JC at 11:33 AM on Thursday, June 1st, 2017

  • Coal is the world’s largest source of energy for the production of electricity.
  • 1 billion tons of coal used in global industrial steel production each year.
  • There are zero alternatives to coal in the industrial steel-making process.

Anthracite Coal

What Is It and Why This Is So Important?

Anthracite is officially classified as coal however it is not just another fuel, anthracite should not be confused with just ordinary bituminous coal.

Anthracite is the highest quality metallurgical coal available, clean burning, hard coal with the highest carbon content of any coal, very energy efficient and even burns smoke free.

This premium coal represents only 1% of world coal reserves.

The Cleanest Burning Solid Fossil Fuel

Anthracite is an almost pure form of carbon. It has a very high heat value, and very low levels of sulphur and other impurities. This makes it not only the most sought after home heating fuel but also a much sought after, high quality component for a number of industries.

The anthracite coal extracted from the AIM coal concessions in Peru have been tested by the world-wide highly regarded SGS labs and the findings indicate a very high fixed carbon, very low ash and sulpher content with a high calorific value.

AIM would be pleased to provide the analysis upon request.

Why Does the World Need Anthracite Coal?

As a result of its attributes, anthracite coal trades at prices substantially higher than thermal coal and has a lower environmental impact. High quality anthracite is increasingly sought for by the steel industry, always under pressure to reduce costs and improve margins.

Metallurgical coal together with iron ore is the principal raw materials used to make steel. As such, it supports an improved quality of life for all of us through its use in the construction of homes and hospitals, and in the production of everything from mass transportation vehicles to wind turbines.

Due to its high carbon content and low volatiles, anthracite is more reactive and efficient with respect to energy released than the lower–ranked coals and consequently has a lower environmental impact due to the lower greenhouse gas emissions.

The industry most commonly associated with anthracite is the steel industry.

Within the steelmaking industry, anthracite is used in three processes

  1. Pulverized coal injection
  2. Basic Oxygen Steel
  3. Electric Arc Furnaces

Present Activities

  • Anthracite Samples from AIM's PropertyAssets encompass 1,000 hectares of mining concession property consisting of three sites of 600, 200 and 200 hectares respectively.
  • Percana SA initially acquired these properties based on indications of the presence of high grade anthracite coal. Illegal artisan miners are currently operating multiple one-entry mines on the property, which further indicates the presence and mine-ability of these deposits.
  • To verify the geology and quality of the coal, Percana SA commissioned local geologists to compile a technical report on the 1,000 hectares. Although the report yielded optimistic estimates of resources, reserves and economics, it does not meet public reporting standards.

LOCATION

  • located in Huaranchal, which is one of ten districts in the province of Otuzco.
  • Two-hour drive from Trujillo (the second largest city in Peru), and an equal distance to the city of Otuzco.
  • Also strategically located 200km from Salaverry, which features a port that can service ships with capacities of up to 35,000 tons. The Port of Salaverry provides direct access to the Pacific Ocean.

INFRASTRUCTURE


Water

A river adjacent to the property provides access to water for mining operations. However, most of the coal on the property may be extracted with minimal or no coal washing.

Power
Power lines cut through the property, although Aim is yet to ascertain the capacity of these lines. The company expects to use diesel powered equipment for most of its mining activities.

Roads
The first half of the road from the property to Otuzco is along steep mountainsides and can support 25-ton trucks. The next half of the road to Otuzco is better maintained and can also support 25-ton trucks. The road from Otuzco to the Port of Salaverry is well constructed, paved, and has bridges that can support up to 50-ton loads. This will facilitate smooth hauling of coal to the port.

Besides accessibility to water, transportation and electricity, there are also small villages on the property with ample accommodations and restaurants to service exploration crews and other travelers.

Market Potential

  • Highly desirable resource with a variety of uses. I
  • Primarily used in the manufacturing of steel, the production of cement, and the generation of electricity.
  • 70% of the steel produced globally relies on coal (World Coal Association, 2013); 200kg of coal is required to produce one ton of cement (Van Oss, 2012); and 41% of global electricity production relies on coal (Clemente, 2012).
  • Highest ranking coal because it is older and harder, contains more carbon, has lower moisture content, and burns hotter than any other type of coal. Comprising only 1% of global reserves, anthracite is also the cleanest burning fossil fuel on the planet (Cornerstone, 2013).

Once the joint venture with Prina Energy Aim intends to sell its output to international customers through the joint venture corporation concentrating the marketing efforts in India.

  • Unavailability of Anthracite Coal in India creates a huge potential for coal as a fuel for Indian Steel industry, which is growing on progressive and steady pace.
  • Huge scope for growth is offered by India’s comparatively low per capita steel consumption and the expected rise in consumption due to increased infrastructure construction and the thriving automobile and railways sectors.

Competitive Advantage

Aim has a variety of advantages. The company has a team of technical experts on ground in Peru, and has also recruited advisors and directors who bring complementary skills to the venture. In terms of infrastructure, power lines run through Aim’s property, while a river runs adjacent to the site. The road network from the site to Otuzco can support 25-ton trucks. From Otuzco to Salaverry, the road is paved and well maintained, and can support up to 50-ton trucks. There are also accommodation facilities close to the property that can cater to Aim employees and contractors. Other advantages include competitive labour wages in Peru, and competitive storage and stevedoring costs at the port together with the ability to extract deposits with minimal or no coal washing.

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GGX Gold Corp Provides Update on 2017 Exploration Program on the Gold Drop Property $GGX.ca

Posted by AGORACOM-JC at 8:56 AM on Tuesday, May 30th, 2017

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  • Announced an update for the 2017 exploration program at its high grade Gold Drop property, located near Greenwood in southern British Columbia
  • Focus of the current work is to locate and sample reported veins and document historic workings
  • Exploration program will focus on 6 priority areas, covering areas of gold and silver bearing veins

Vancouver, British Columbia – GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) is pleased to announce an update for the 2017 exploration program at its high grade Gold Drop property, located near Greenwood in southern British Columbia. The Company has also expanded the Gold Drop property to the west by staking of additional mineral claims. The property now covers an area of approximately 4200 hectares. The property covers geologically prospective ground in the well-mineralized Greenwood Mining Division. The property hosts numerous low-sulfide, gold and silver bearing quartz veins or vein systems, four of which were previously mined. The focus of the current work is to locate and sample reported veins and document historic workings.

To view the graphic in its original size, please click here

The 2017 exploration program will focus on 6 priority areas, covering areas of gold and silver bearing veins (B.C. MINFILE occurrences and other veins reported in historic B.C. assessment reports). These priority areas are the Gold Drop – North Star vein system, Ken vein and Silent Friend veins in the eastern region; Amandy vein and Roderick Dhu vein in the northwest region; and Tel – C.O.D. veins in the southwest region (Southwest Zone). An area of high grade gold and silver mineralization discovered in 2015 at a trench at the North Star vein is high priority target for the Company. Grab samples from this trench returned 159 g/t Au (grams per tonne) and 744 g/t Ag, 12.2 g/t Au and 78 g/t Ag; and 12.5 g/t Au and 100 g/t Ag.

Phase I of the 2017 work program on the Gold Drop property is currently underway with initial focus on the Gold Drop Southwest Zone. Gold and silver bearing quartz veins are reported in this region of the property. One reported quartz vein in this region is referred to as the C.O.D. The northeast-southwest striking C.O.D. vein is reported to be traced by a series of shafts and pits for a distance of 1500 metres and reported to have a maximum width of 1.5 metres at surface. The Company has located historic workings during May in the area of this reported vein, including shafts and trenches. One located shaft is the C.O.D shaft which is reported to be approximately 20 metres deep. A 1988 quartz vein grab sample from a trench in this region southwest of the C.O.D. shaft was reported to return 20.8 g/t Au and 115.6 g/t Ag (Tel 2 gold and silver occurrence)

The Company has located and sampled new exposures of a vein interpreted by Company management to be the C.O.D. vein. New showings of this vein have been exposed by recent logging activity in the area. Several of these exposures were sampled during May. These have been further exposed in May by excavator pitting and hand trenching

To view the graphic in its original size, please click here

Historic shaft in southwest region of Gold Drop Property

Banded chalcedonic quartz has been reported in a historic trench southwest of the C.O.D shaft. This material is of possible epithermal origin. A historic sample was reported to return s of 0.608 oz./ton Au (20.8 grams / tonne) and 3.38 oz./ton Ag (115.8 grams / tonne). These historic trenches were located in May but have filled in over time. The Company has identified the area of the C.O.D. vein and the reported chalcedonic quartz as a trenching target.

Other discoveries during May include an exposure described by Company personnel as a chalcedonic vein breccia. This exposure is located further northeast of the C.O.D. shaft.  Due to the steepness of the area the vein has been hand trenched and chip sampled.

To view the graphic in its original size, please click here

Mineralized quartz stockwork has also been discovered, hand trenched and sampled in a 1 metre shear zone striking east – west (steeply dipping). The host rock is silicified with pyrite and trace bornite. Native copper has also been observed. Nearby is a heavily altered, limonite stained shear with rare quartz stringers.

To view the graphic in its original size, please click here

A silicified granodiorite dyke with significant quantities of arsenopyrite, pyrite and trace amounts of chalcopyrite, bornite and native copper has been located within the newly staked western claims. This showing was exposed by hand trenching during May. Chip sampling has been conducted at this exposure with samples submitted for analysis.

To view the graphic in its original size, please click here

A total of 39 rock samples have been collected during May, 2017 on the Gold Drop Southwest Zone. These samples have been submitted to ALS Minerals in North Vancouver for gold analysis. Multi-element analysis is also being conducted for select samples.  Gold and multi-element analyses are pending.

Readers are warned that historical records referred to in this News Release have been examined but not verified by a qualified person. Further work is required to verify that historical assays referred to in this News Release are accurate.

David Martin, P.Geo., a Qualified Person as defined by NI 43-101, is responsible for the technical information contained in this News Release.

 

On Behalf of the Board of Directors,

 

Barry Brown, Director

 

604-488-3900

 

Forward Looking Information

 

This news release includes certain statements that constitute “forward-looking information” within the meaning of applicable securities law, including without limitation, the Company’s information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. Such statements include statements regarding the completion of the proposed transactions. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved), and variations of such words, and similar expressions are not statements of historical fact and may be forward-looking statements. Forward-looking statement are necessarily based upon several factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements express or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of gold and other metals, anticipated costs and the ability to achieve goals, and the Company will be able to obtain required licenses and permits. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks including that resource exploration and development is a speculative business; that environmental laws and regulations may become more onerous; that the Company may not be able to raise additional funds when necessary; fluctuating prices of metals; the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations; operating hazards and risks; and competition. There can be no assurance that economic resources will be discovered or developed at the Gold Drop Property. Accordingly, actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include continued availability of capital and financing and general economic, market or business conditions, the loss of key directors, employees, advisors or consultants, equipment failures, litigation, competition, fees charged by service providers and failure of counterparties to perform their contractual obligations. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

 

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.

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/ggxgold05302017.pdf

Source: GGX Gold Corp. (TSX Venture:GGX)

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Durango Initiates Geophysical Exploration on Decouverte (Discovery), QC $DGO.ca

Posted by AGORACOM-JC at 8:29 AM on Tuesday, May 30th, 2017

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  • Planning further exploration for the Decouverte Property in relation to its grant from the Institut National de la Recherche Scientifique
  • Neighbours on the west side of the project is Osisko Mining Inc.’s (TSX-OSK) Assinica property and to the northwest is Beaufield Resources Inc.’s Troilus-Tortigny Property (TSX.V-BFD)

Vancouver, BC / May 30, 2017 – Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTC-ATOXF), (the “Company” or “Durango”) announces that it is planning further exploration for the Decouverte Property in relation to its grant from the Institut National de la Recherche Scientifique (“INRS”) as announced June 1, 2015, September 18, 2015, November 5, 2015 and November 30, 2015.

Durango’s wholly owned Decouverte (Discovery) property is in the Frotet-Evans greenstone belt in northern Quebec approximately 100km to the northwest of the town of Chibougamau. Neighbours on the west side of the project is Osisko Mining Inc.’s (TSX-OSK) Assinica property and to the northwest is Beaufield Resources Inc.’s Troilus-Tortigny Property (TSX.V-BFD). The former-producing Troilus mine is approximately 60km northeast along the same fault. It is noteworthy to mention that there are three important massive sulphide showings to the west (Fallara, Rapides Assinica and Lucky Strike) and to the East are VMS deposits with proven resources (Tortigny, Lessard, De Maures, Moleon).

The INRS grant (FQRNT-MERN-MINES) on the Decouverte property is being used to focus on defining the electromagnetic (EM) anomalies from Durango’s Dighem airborne survey, which may be indicative of massive sulphide mineralization.

The research grant is being used on the site of the Decouverte property to test the utility of deep penetration geophysical methods (audiomagnetotelleluric: AMT, Controlled Source ElectroMagnetics; CSEM) to document the VMS mineralization potential of the lake Pasquale area.

At the end of 2015, 9.9 km of magnetometric, gravimetric and electromagnetic (FDEM) surveys were carried out along 3 sections intersecting different lithological units and structures of the Decouverte property. These sections also intersect magnetic and EM anomalies detected by the DIGHEM heliborne survey. An audiomagnetotelluric survey was also realized to document the deep geophysics (0-1500m) under line 3 which intersects a large conductive magnetic anomaly.

Given the presence of formational conductors on the Decouverte property, gravimetry and sub-surface electrical resistivity work will be carried out to characterize the main anomalies detected by the DIGHEM survey. A follow-up exploration program (outcrops, erratic blocks) will be carried out in 9 sectors previously identified as priority. Finally, a lithogeochemical study will be carried out to document the geochemical signature of felsic volcanics in the southern part of the property. This sector includes base metal showings associated with felsic and intermediate volcanics. According to the report of Falconbridge Ni, these showings had been discovered by ground FDEM and magnetic surveys.

The work is planned to occur in late June and additional details will be announced as they become available.

Rock sampling has been conducted by INRS and is undergoing petrophysics laboratory studies on the Decouverte rocks. The geophysical, petrophysical and geological data of the Decouverte is being developed into a model of the deep geology on the property. Once the report is completed it will be announced and published on the corporate website of Durango.

Marcy Kiesman, CEO of Durango, stated, “The Decouverte property remains a compelling project for Durango due to its volcano-sedimentary environment and structural geology which increases the potential for a significant gold and /or VMS deposit. Durango is positioned for discovery as VMS deposits often occur in clusters which mean that the discovery of one may indicate that there are others nearby.”

The technical information in this news release has been reviewed and approved by Marc Richer-LaFleche, P.Geo QC, a qualified person as defined in National Instrument 43-101.

About Decouverte

The Decouverte property is in the Frotet-Evans greenstone belt approximately 60 kilometres southwest of the former Troilus copper-gold mine, which produced over two million ounces Au and 50,000 tonnes Cu from 1997 to 2010. The property covers approximately 5,900 hectares covering a synclinal fold nose of Archean units transected by a major northeast-trending shear zone. Durango carried out a helicopter-borne DIGHEM EM/magnetic airborne geophysical survey on the property in 2011 (NR Nov. 24, 2011) and soil geochemistry and prospecting in 2013 and 2014 targeting areas identified in the airborne survey. The geological setting is mainly mafic volcanics (basalts/andesites), in places strongly sheared, cut by pegmatitic granitic units, and significant sedimentary, oxide and sulphide facies iron formation units. Alteration including silica, sericite and iron carbonate is noted. Significant soil values included 174 ppb gold, 0.66 ppm silver, 150 ppm nickel, 200 ppm copper and 240 ppm barium. Chip/channel rock samples gave values of 7.6 g/t gold and 6.24 g/t gold hosted in narrow quartz veins in mafic volcanics, in the contact area with the pegmatitic granite. The property is located 100 kilometres north of Chibougamau, Quebec and benefits from favourable infrastructure, including road accessibility, being 10 kilometres from Route du Nord, and a power line that bisects the property.

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 the NMX East lithium property near the Whabouchi mine and the Buckshot graphite property near the Miller Mine in Quebec, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario.

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 exploration of its properties 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.

FEATURE: Monarques Gold (TSX-V: MQR) Flagship Croinor Gold Mine Has Great Potential To Become A Producer $MQR.ca

Posted by AGORACOM-JC at 3:01 PM on Monday, May 29th, 2017

Monarquesgold hub large

Why Monarques Gold?

  • Flagship Croinor Gold Mine Has Great Potential To Become A Producer
  • Company Is Well Financed, Including $9 Million In Credits From Quebec Government
  • Recently acquired 750 ton-per-day Beacon mill
  • Major Shareholders include: Rob McEwen and Nemaska Lithium

Croinor Gold Property

Flagship project at the prefeasibility stage

  • 100% interest in the Croinor Gold property, a gold mine project that is currently at the prefeasibility stage
  • Property consists of one mining lease and two non-contiguous blocks of claims for a total of 335 claims over a 151 km² area. A 1.5% NSR is applicable on the mining lease and only 44 claims.
  • Drilling program will test a diorite-hosted gold-bearing zone that returned grades of up to 38.7 g/t Au over 3.8 metres in historical drilling (see release)

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Prefeasability Study

Simkar Gold Property

NI 43-101 Gold Resource 20 km from Val-d’Or

  • 100% interest in the Simkar Gold property
  • located 20 kilometres east of Val-d’Or, in the heart of the Abitibi Greenstone Belt.
  • Comprised of two mining concessions and 15 claims covering an area of 5 km², and is subject to a 1.5% NSR.
  • NI 43-101 (click here)

The Simkar Gold property is the result of a merger of the Simkar and Texsol properties. The transaction was announced by way of press release on June 26, 2014.

Regcourt Gold Property – Val d’Or

  • 100% interest in the Regcourt Gold property
  • Property is located at the eastern end of the Val-d’Or gold mining camp, some 30 km east of Val-d’Or, and is easily accessible via Route 117.
  • Consists of 94 claims covering an area of 38 km2 near the centre of the western border of Vauquelin Township
  • Property is subject to a 1.5% and 2.5 % NSR.

 

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GGX GOLD Initiates its Market Awareness Campaign Starting June 1 2017 $GGX.ca

Posted by AGORACOM-JC at 10:48 AM on Thursday, May 25th, 2017

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  • Company will receive significant exposure through millions of content brand insertions on the AGORACOM network and extensive search engine marketing over the next 12 months
  • Exclusive sponsorships of invaluable digital properties such as AGORACOM TV, the AGORACOM home page and the AGORACOM Twitter account will serve to significantly raise the brand awareness of the Company among small cap investors

Vancouver, British Columbia  – GGX Gold Corp. (TSXV: GGX)   (the “Company” or “GGX”)  is pleased to announce GGX Gold Launches AGORACOM Online Marketing and Awareness Program

The Company will receive significant exposure through millions of content brand insertions on the AGORACOM network and extensive search engine marketing over the next 12 months. In addition, exclusive sponsorships of invaluable digital properties such as AGORACOM TV, the AGORACOM home page and the AGORACOM Twitter account will serve to significantly raise the brand awareness of the Company among small cap investors.

Barry Brown, Director stated, GGX Gold has commenced building out its Market awareness strategy which will have several components initiating over the next month.  AGORACOM has proven to be a leader in the online marketing space. We are delighted to have retained their services to expand our online presence…”

About AGORACOM

AGORACOM is the pioneer of online investor relations, online conferences and online branding services to North American small and mid-cap public companies, with more than 250 companies served. More than just lip service, AGORACOM achieved two very big milestones on January 22, 2017, surpassing 50 Million Visits from 7 Million investors on AGORACOM.  The company also expect to surpass 500 Million page views later this year.

AGORACOM traffic ranks within the top 0.5% of all websites around the world. These traffic results are independently tracked and verified by Google analytics. AGORACOM traffic can be attributed to its strategy of maintaining the cleanest, moderated small-cap discussion as a result of implementing the first ever Investor Controlled Stock Discussion Forums.

AGORACOM Founder, George Tsiolis, publishes the leading blog on small to mid cap investor relations. His 50 Small-Cap CEO Lessons are a must read for CEO’s looking to increase their education and knowledge about online investor relations.

About GGX Gold Corp.

GGX GOLD CORP. (TSX-V: GGX) is a gold exploration company primarily focused in southern BC: The Gold Drop mine in Greenwood has permits in place for drilling and trenching. GGX’s current strategy is to prove up existing reserves and begin small scale production on the Gold Drop mine.

Shares for Services Program
The Company intends to issue shares for services to AGORACOM in exchange for the online advertising, marketing and branding services (“Advertising Services”). Pursuant to the terms of the agreement, the company will be issuing;

TERM: June 1, 2017 – June 1, 2018

FEES:  $CDN 40,000 + GST to be paid via Shares for Services over the term

  • Collateral Marketing Materials;
  • Custom HUB;
  • Advertising Modules (Banner, Skyscraper, Big Box)
  • Marketing Plan

The number of shares to be issued at the end of each period will be determined by using the closing price of the Shares of the Company on the TSX Venture Exchange on the first trading day following each period for which the Advertising Services were provided by AGORACOM.

The agreement/arrangement is subject to TSX-V approval.

The term of the Agreement is for 12 months effective June 1, 2017. The Company will issue a press release after the issuance of shares under the terms of the agreement.

On Behalf of the Board of Directors

Barry Brown, Director

604-488-3900

Forward Looking Information

This news release includes certain statements that constitute “forward-looking information” within the meaning of applicable securities law, including without limitation, the Company’s information and statements regarding or inferring the future business, operations, financial performance, prospects, and other plans, intentions, expectations, estimates, and beliefs of the Company. Such statements include statements regarding the completion of the proposed transactions. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. These statements relate to analyses and other information that are based on forecasts of future results, estimates of amounts not yet determinable and assumptions of management. Any statements that express or involve discussions with respect to predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance (often, but not always, using words or phrases such as “expects” or “does not expect”, “is expected”, “anticipates” or “does not anticipate”, “plans”, “estimates” or “intends”, or stating that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved), and variations of such words, and similar expressions are not statements of historical fact and may be forward-looking statements. Forward-looking statement are necessarily based upon several factors that, if untrue, could cause the actual results, performances or achievements of the Company to be materially different from future results, performances or achievements express or implied by such statements. Such statements and information are based on numerous assumptions regarding present and future business strategies and the environment in which the Company will operate in the future, including the price of gold and other metals, anticipated costs and the ability to achieve goals, and the Company will be able to obtain required licenses and permits. While such estimates and assumptions are considered reasonable by the management of the Company, they are inherently subject to significant business, economic, competitive and regulatory uncertainties and risks including that resource exploration and development is a speculative business; that environmental laws and regulations may become more onerous; that the Company may not be able to raise additional funds when necessary; fluctuating prices of metals; the possibility that future exploration, development or mining results will not be consistent with the Company’s expectations; operating hazards and risks; and competition. There can be no assurance that economic resources will be discovered or developed at the Gold Drop Property. Accordingly, actual results may differ materially from those currently anticipated in such statements. Factors that could cause actual results to differ materially from those in forward looking statements include continued availability of capital and financing and general economic, market or business conditions, the loss of key directors, employees, advisors or consultants, equipment failures, litigation, competition, fees charged by service providers and failure of counterparties to perform their contractual obligations. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements. The forward-looking statements included in this news release are made as of the date hereof and the Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

 

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.

Tartisan Resources Corp. Completes the Purchase of the Ichuna Copper-Silver Property in Peru $TTC.ca

Posted by AGORACOM-JC at 5:22 PM on Wednesday, May 24th, 2017

Tartisan logo copy

  • Completed the acquisition of the Ichuña Copper-Silver property in located in the Department of Moquegua in Southern Peru
  • Entered into an agreement with Duran Ventures Inc. to acquire 100 per cent interest

Toronto, Ontario – Tartisan Resources Corp. (CSE: TTC) (“Tartisan”, or the “Company”) has completed the acquisition of the Ichuña Copper-Silver property in located in the Department of Moquegua in Southern Peru.

Tartisan entered into an agreement with Duran Ventures Inc. (“Duran”) to acquire 100 per cent interest in the Ichuña copper-silver property by paying Duran a cash payment $50,000 CDN and issuing 500,000 shares. Duran retains a 2% NSR of which Tartisan may purchase half (1%) of the NSR for $500,000.

The Ichuña property is contiguous to San Gabriel project owned by Peru’s largest mining company Minas Buenaventura (“Buenaventura”). The San Gabriel project was a blind discovery in 2008 and now is reported to contain a resource of 13 million tonnes at 5.26 g/t Au for 2.2 million ounces in the measured, indicated and inferred categories (source Buenaventura website 2017 corporate presentation page 15). Buenaventura consolidated its interest in the project by purchasing Goldfield’s interest in 2014 and revised the project from a large open pit operation to a more profitable underground operation. The main mineralized zone on the San Gabriel project is located just 3 kilometres from the property boundary with Tartisan.

The previous owner acquired the 1,000-hectare Ichuña Property in 2006 before the discovery at San Gabriel. Extensive high-grade surface Cu-Ag mineralization was initially observed by Duran’s geologists and was later followed up by a property wide geophysical survey in 2010. The work identified a large IP geophysical anomaly trending northwest-southeast measuring over 1,500 metres in length. The main mineralized zone on Buenaventura’s San Gabriel project called the Canahuire Zone was a blind target with a strong geophysical response. Economic mineralization in the Canahuire zone does not outcrop at surface and follows a recessive area. The geophysical anomaly on Ichuña has similar characteristics to the Canahuire zone whereby the IP anomaly trends along a recessive area with no outcrop.

Historic work on the property by Duran included seven diamond drill holes totaling 2,754 metres. Drilling did not test the geophysical anomaly. Tartisan intends to test this anomaly with diamond drilling. Initial work will comprise of community relations followed by detailed magnetic surveys. The Company is confident in obtaining community approvals since Buenaventura recently had their Environmental Impact Assessment approved.

Jeff Reeder, PGeo, a qualified person in the context of National Instrument 43-101, has reviewed and approved the technical content of this news release.

Tartisan Resources Corp. common shares are listed on the Canadian Securities Exchange (CSE:TTC). Following the above transaction, there are 72,862,443 shares outstanding (88,905,827 fully diluted).

For further information, please contact Mr. D. Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 (mark@tartisanresources.com),. Additional information about Tartisan can be found at the Company’s website at www.tartisanresources.com or on SEDAR at www.sedar.com.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

 

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Tartisan05242017.pdf

Source: Tartisan Resources Corp. (CSE:TTC)

Toronto, Ontario – Tartisan Resources Corp. (CSE: TTC) (“Tartisan”, or the “Company”) has completed the acquisition of the Ichuña Copper-Silver property in located in the Department of Moquegua in Southern Peru.

Tartisan entered into an agreement with Duran Ventures Inc. (“Duran”) to acquire 100 per cent interest in the Ichuña copper-silver property by paying Duran a cash payment $50,000 CDN and issuing 500,000 shares. Duran retains a 2% NSR of which Tartisan may purchase half (1%) of the NSR for $500,000.

The Ichuña property is contiguous to San Gabriel project owned by Peru’s largest mining company Minas Buenaventura (“Buenaventura”). The San Gabriel project was a blind discovery in 2008 and now is reported to contain a resource of 13 million tonnes at 5.26 g/t Au for 2.2 million ounces in the measured, indicated and inferred categories (source Buenaventura website 2017 corporate presentation page 15). Buenaventura consolidated its interest in the project by purchasing Goldfield’s interest in 2014 and revised the project from a large open pit operation to a more profitable underground operation. The main mineralized zone on the San Gabriel project is located just 3 kilometres from the property boundary with Tartisan.

The previous owner acquired the 1,000-hectare Ichuña Property in 2006 before the discovery at San Gabriel. Extensive high-grade surface Cu-Ag mineralization was initially observed by Duran’s geologists and was later followed up by a property wide geophysical survey in 2010. The work identified a large IP geophysical anomaly trending northwest-southeast measuring over 1,500 metres in length. The main mineralized zone on Buenaventura’s San Gabriel project called the Canahuire Zone was a blind target with a strong geophysical response. Economic mineralization in the Canahuire zone does not outcrop at surface and follows a recessive area. The geophysical anomaly on Ichuña has similar characteristics to the Canahuire zone whereby the IP anomaly trends along a recessive area with no outcrop.

Historic work on the property by Duran included seven diamond drill holes totaling 2,754 metres. Drilling did not test the geophysical anomaly. Tartisan intends to test this anomaly with diamond drilling. Initial work will comprise of community relations followed by detailed magnetic surveys. The Company is confident in obtaining community approvals since Buenaventura recently had their Environmental Impact Assessment approved.

Jeff Reeder, PGeo, a qualified person in the context of National Instrument 43-101, has reviewed and approved the technical content of this news release.

Tartisan Resources Corp. common shares are listed on the Canadian Securities Exchange (CSE:TTC). Following the above transaction, there are 72,862,443 shares outstanding (88,905,827 fully diluted).

For further information, please contact Mr. D. Mark Appleby, President & CEO and a Director of the Company, at 416-804-0280 (mark@tartisanresources.com),. Additional information about Tartisan can be found at the Company’s website at www.tartisanresources.com or on SEDAR at www.sedar.com.

This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore, involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

 

The Canadian Securities Exchange (operated by CNSX Markets Inc.) has neither approved nor disapproved of the contents of this press release.

To view this press release as a PDF file, click onto the following link:
public://news_release_pdf/Tartisan05242017.pdf

Source: Tartisan Resources Corp. (CSE:TTC)

Explor Expands PG-101 Gold Property $EXS.ca

Posted by AGORACOM-JC at 5:00 PM on Wednesday, May 24th, 2017

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  • Announced the acquisition of a 37 mineral claims units package (4 claims) totalling 592 hectares, situated in Holloway and Marriott Townships in the Larder Lake Mining Division, District of Cochrane, Province of Ontario, contiguous to the PG-101 Gold Property
  • With this acquisition, the PG-101 property now consists of 110 mining claims (195 mineral claim units) covering 3,122.8 hectares situated in the Larder Lake mining division

ROUYN-NORANDA, QUEBEC–(May 24, 2017) – Explor Resources Inc. (“Explor” or the “Corporation“) (TSX VENTURE:EXS)(OTCQB:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) is pleased to announce the acquisition of a 37 mineral claims units package (4 claims) totalling 592 hectares, situated in Holloway and Marriott Townships in the Larder Lake Mining Division, District of Cochrane, Province of Ontario, contiguous to the PG-101 Gold Property. With this acquisition, the PG-101 property now consists of 110 mining claims (195 mineral claim units) covering 3,122.8 hectares situated in the Larder Lake mining division, district of Cochrane, in the Marriott and Halloway Townships, Ontario.

Explor Resources Inc., will pay a total of $7,000 CDN and issue 300,000 common shares for an Option to acquire a 100 % interest in the Property. The Optionors have retained a 2.0% NSR in the property. This acquisition is subject to the approval of The TSX Venture Exchange.

The PG -101 additional claims are contiguous to the claim group where Explor’s intersected 52.01 g/t Au over 3.0 m (Press Release of March 24, 2009) and adjacent to the eastern boundary of Kirkland Lake Gold’s former producing Holt Mine Property and only a few kilometers east of their Holloway Mine property. Historic production (1988-2004) from the Holt (McDermott) Mine totals 8.18 million tons at a grade of 0.162 opt Au1(7.42 million tonnes @ 5.6 gpt Au). Measured and indicated resources reported as of Dec. 31, 2016 for the Holt Mine are 6.970 million tonnes at a grade of 4.2 gpt Au2. Production at the Holloway Mine to 2004 is reported as 4.73 million tons at a grade of 0.166 opt Au1 (4.29 million tonnes @ 5.7gpt Au). Measured and indicated resources reported as of Dec. 31, 2016 for the Holloway Mine are 1.370 million tonnes at a grade of 5.3 gpt Au2. Several other smaller deposits in the Harker-Holloway gold camp and in the vicinity of the PG-101 Property include the Buffonta, Mattawasaga and East zone deposits.

The PG-101 Property is underlain by the same succession of mafic volcanic flows, breccias, and tuffs that host the known gold deposits of the area. These volcanic rocks are cut by ENE trending faults that splay from the Porcupine-Destor fault zone (“PDFZ”). The PDFZ is a major deformation zone that crosses along the north boundary of the PG-101 claims in Marriott Township. Proximity to the PDFZ, the Kirkland-Larder Lake Break and other similar regional faults are characteristic of significant gold deposits of the Eastern Abitibi greenstone belt.

Explor plans to continue its exploration program on the PG-101 Property with the integration of this property with the existing property by the compilation of historic work, geological modeling, and the identification of high priority targets. Explor plans to start its exploration program in the spring of 2017. Explor plans on drilling on geophysical targets that were discovered in the fall of 2016.

Christian Dupont P.Eng is the qualified person responsible for the information contained in this press release.

About Explor Resources Inc.

Explor Resources Inc. is a Canadian-based natural resources company with mineral holdings in Ontario, Québec, Saskatchewan and New Brunswick. Explor is currently focused on exploration in the Abitibi Greenstone Belt. The belt is found in both provinces of Ontario and Québec with approximately 33% in Ontario and 67% in Québec. The Belt has produced in excess of 180,000,000 ounces of gold and 450,000,000 tonnes of cu-zn ore over the last 100 years. The Corporation was continued under the laws of Alberta in 1986 and has had its main office in Québec since 2006.

Explor Resources Flagship project is the Timmins Porcupine West (TPW) Project located in the Porcupine mining camp, in the Province of Ontario. The TPW mineral resource (Press Release dated August 27, 2013) includes the following:

Open Pit Mineral Resources at a 0.30 g/t Au cut-off grade are as follows:

Indicated: 213,000 oz (4,283,000 tonnes at 1.55 g/t Au)
Inferred: 77,000 oz (1,140,000 tonnes at 2.09 g/t Au)

Underground Mineral Resources at a 1.70 g/t Au cut-off grade are as follows:

Indicated: 396,000 oz (4,420,000 tonnes at 2.79 g/t Au)
Inferred: 393,000 oz (5,185,000 tonnes at 2.36 g/t Au)

This document may contain forward-looking statements relating to Explor’s operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Explor’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filling. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Explor 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.

1 Historic production figures were obtained from the Ontario MNDM website (www.mndm.gov.on.ca). The original imperial tons and ounce per ton (opt) grades are quoted and the equivalent metric tonnes and grams per tonne (gpt) grades indicated in parentheses.

2 Resources for Kirkland Lake Gold’s Holt and Holloway Mines are quoted from Kirkland Lake Gold’s website (www.klgold.com) and the company’s NI 43-101 Compliant Technical Report dated March 21, 2015. Only Measured and Indicated Resources are quoted. Inferred Resources have not been quoted.

A map is available at the following address: http://media3.marketwire.com/docs/1095620_ENGLISH.pdf

Christian Dupont, President
888-997-4630 or 819-797-4630
819-797-1870
www.explorresources.com
info@explorresources.com

INTERVIEW: HPQ Discusses New Scaling Up Milestones; 62% Increase in Impurity Removal Using Low Purity Feedstock; 531% Conversion Yield Increase $HPQ.ca

Posted by AGORACOM-JC at 9:53 AM on Wednesday, May 24th, 2017