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AGORACOM Welcomes American Creek Resources (AMK:TSX-V) with recent specimens averaging 27,092 gm/tonne silver and 248 gm/tonne gold

Posted by AGORACOM-JC at 8:12 AM on Tuesday, March 1st, 2016

AMK: TSX-V

RECENT HIGHLIGHTS

  • Specimens from the structure averages 27,092 gm/tonne silver and 248 gm/tonne gold
  • Results from outcrop specimens of high grade material collected on its Electrum property from the Shiny Cliff vein on the North Face Showing Read More

Exceptional Properties

Electrum Gold-Silver Property, British Columbia – 100% owned

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

The Electrum Property holds significant potential to attract mining companies when considering its high-grade nature combined with the exceptional logistics in place.

  • Located in the prolific Golden Triangle of northwestern British Columbia, an area encompassing mineral rich belts that host more than 43 past producing mines including Eskay Creek, Silbak Premier, Granduc and Big Missouri.It is a hotbed of activity with one new mine having come online in 2015 (Imperial Mines Red Chris) and another scheduled for 2017 (Pretium Brucejack) and at least three more world-class mining projects headed toward production.
  • Located in a particularly rich valley with 4 past producing commercial mines and a 5th in the adjacent valley.
  • Includes the historic East Gold Mine that had intermittent small-scale production of approximately 46 tonnes of ore with grades averaging 1,661 grams of gold per tonne and 2,596 grams of silver per tone (roughly 50oz gold with 75oz silver).
  • Mineralization is believed to be very similar to the silver-gold-base metal veins responsible for the precious metal mineralization found in the Silbak Premier Mine and the Big Missouri mines (located in same extended valley).
  • Pretiums Brucejack Summary Report (for exploration) compares itself geologically to the Silbak Premier mine as well.
  • Exceptional gold and silver assays including 440 g/t gold with 400 g/t silver over 0.52m, with numerous silver intervals of 583g/t, 501 g/t, 420 g/t, 384 g/t in core, and surface samples of 80.96 g/t gold with 80,818 g/t silver, 694 g/t gold with 550 g/t silver, 54.77 g/t gold with 14,903 g/t silver, 615 g/t gold with 616 g/t silver.
  • A very successful program was run in 2015 wherein:
    • A new approach focusing on high-grade was employed very successfully
    • A new zone of gold / silver mineralization was discovered
    • A better understanding of the property geology was obtained
    • Surface samples from the structure averages 27,092 gm/tonne silver and 248 gm/tonne gold



  • The program proved the Electrum Property has multiple high-grade gold-silver epithermal breccia vein systems and gave us a better understating of their sequencing.
  • Excellent logistics including road access, power located 2 km away and a bulk tonnage shipping port and supportive mining town located just40 km away in a mining friendly jurisdiction.

The high-grade ELECTRUM PROPERTY recently had a program run on it. CLICK HERE for the Electrum presentation and HERE for the 2015 drill program presentation. The highly mineralized gossans on the Electrum are shown in the image at the top of this page.

2015 Drill Program Presentation

Treaty Creek Gold-Copper Property, British Columbia – 51% Joint Venture

Treaty Creek Property


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

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

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

The Treaty Creek property is in a strategic location as it’s included in Seabridge’s plan for the KSM to go into production. Seabridge has proposed twin tunnels that would take the KSM ore through American Creek’s Treaty Creek property to a processing plant and tailings pond.

Hub On AGORACOM / Read Release

Durango Reviews Property Near Lake Shore Gold

Posted by AGORACOM-JC at 2:17 PM on Tuesday, February 9th, 2016

Logo

  • Company reviewing the potential acquisition of ground near Lake Shore Gold (TSX-LSG) and Goldcorp (TSX-G) Whitney gold project in Ontario
  • LSG announced on February 4, 2016, “Lakeshore Gold drills 12 metres of 29.42g/t Au at Whitney” and “the north volcanics consists of gold mineralization and quartz veining within altered volcanic rocks located approximately 430 metres west of the 110 zone and north of previously mined structures.”

Vancouver, BC / February 9, 2016 – Durango Resources Inc. (the “Company” or “Durango”) announces it is reviewing the potential acquisition of ground near Lake Shore Gold (TSX-LSG) and Goldcorp (TSX-G) Whitney gold project in Ontario.

LSG announced on February 4, 2016, “Lakeshore Gold drills 12 metres of 29.42g/t Au at Whitney” and “the north volcanics consists of gold mineralization and quartz veining within altered volcanic rocks located approximately 430 metres west of the 110 zone and north of previously mined structures.” “The new drill results from these areas demonstrate the potential to expand the current near surface resource to the west, to the north and to depth…”

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 in Quebec, as well as three sets of claims in the Labrador nickel corridor.

DURANGO commentaires propriete pres de LAKE SHORE GOLD

Vancouver, BC / TheNewswire / 9 fevrier 2016 – Durango Resources Inc. (le “Company” ou “Durango”) annonce il examine l’acquisition potentielle du sol pres de Lake Shore Gold (TSX-LSG) et Whitney Goldcorp (TSX-G) projet aurifere en Ontario.

LSG a annonce le 4 fevrier 2016, “or Lakeshore fore 12 metres de 29.42 g/t a Whitney” et “volcaniques du Nord se compose de la mineralisation aurifere et veines de quartz dans les roches volcaniques alterees situee a environ 430 metres a l’ouest de la zone 110 et au nord de structures deja minees. Les nouveaux resultats de forage dans ces zones demontrent le potentiel d’elargir le courant pres de ressource de surface vers l’Ouest, au nord et a profondeur…”

A propos de Durango

Durango est une societe des ressources naturelles engagee dans l’acquisition et l’exploration de proprietes minieres. La Societe a un interet de 100% dans la fortune et Smith Island proprietes de calcaire de la Mayner du nord-ouest Colombie-Britannique, la decouverte et de proprietes auriferes Trove dans la region de l’Abitibi au Quebec, et la propriete de lithium NMX Est, pres de la mine Whabouchi au Quebec, ainsi que trois jeux de revendications dans le couloir de nickel du Labrador.

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: [email protected]

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 timing of mineral resource estimates, future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

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

Liberty Star – LBSR Joins the OTCBB

Posted by AGORACOM-JC at 10:21 AM on Thursday, January 21st, 2016

  • Trading symbol has joined the Over The Counter Bulletin Board (OTCBB). Liberty Star continues to trade through OTC Markets, Pink Current Information (OTCPK) as well

TUCSON, AZ–(January 21, 2016) – Liberty Star Uranium & Metals Corp. (“Liberty Star”) (OTCBB: LBSR) (OTC PINK: LBSR) is pleased to announce that its trading symbol has joined the Over The Counter Bulletin Board (OTCBB). Liberty Star continues to trade through OTC Markets, Pink Current Information (OTCPK) as well.

According to The Financial Industry Regulatory Authority (FINRA): “The OTC Bulletin Board (or OTCBB) is an interdealer quotation system that is used by subscribing FINRA members to reflect market making interest in OTCBB-eligible securities (as defined by FINRA Rule 6530). Subscribing market makers can utilize the OTCBB to enter, update, and display their proprietary quotations in individual securities on a real-time basis.” See more at FINRA.org

“James A. Briscoe” James A. Briscoe, Professional Geologist, AZ CA
CEO/Chief Geologist
Liberty Star Uranium & Metals Corp.

Follow Liberty Star Uranium & Metals Corp. on Agoracom, Facebook , LinkedIn & Twitter@LibertyStarLBSR

Contact:

Agoracom Investor Relations
[email protected]
http://agoracom.com/ir/libertystar
or
Liberty Star Uranium & Metals Corp.
Tracy Myers
520-425-1433
Investor Relations
[email protected]

American Creek Resources: Electrum Project-Rico Showing High Grade Average 54.6 GM/T Gold and 11,512 GM/T Silver

Posted by AGORACOM-JC at 9:07 AM on Thursday, January 21st, 2016

  • Eleven specimens were collected along a quartz vein.
  • Specimens from the structure average 11,512 gm/tonne silver and 54.6 gm/tonne gold.

CARDSTON, ALBERTA–(Jan. 21, 2016) – American Creek Resources Ltd. (TSX VENTURE:AMK) (“American Creek”) is pleased to provide results from outcrop specimens of high grade material collected on its Electrum property from a known vein on the Rico Showing. The Rico Showing is roughly 50 metres south of the Shiny Cliff Showing.

Eleven specimens were collected along a quartz vein. The specimens from the structure average 11,512 gm/tonne silver and 54.6 gm/tonne gold.

The following table lists the results.

Lab Ag Au
Specimen GM/T GM/T
L625675 1293 3.9
L625676 21068 75.1
L625677 18916 57.3
L625678 16466 93.2
L625679 969 5.2
L625680 44048 270.9
L625681 479 4.3
L625682 1050 4.6
L625683 717 8.4
L625684 10212 32.1
L625685 11187 52.9

The American Creek 2015 fall exploration program focused on the Shiny Cliff area, a northwest striking, approximately 10 metre wide highly silicified zone which hosts a minimum of three quartz veins. The zone and veins steeply dip southwest into the hillside. They have been traced on surface and tracked with horizontal drilling for 40 metres along trend. A modified diamond drill provided American Creek with the ability to drill targets of interest with precise short holes. American Creek is much encouraged with the success of the tight drill patterns, to reveal the geometry of the rich epithermal systems found on the property.

As reported previously, twenty-two specimens were collected along a central druzy quartz vein, approximately 35 cm wide, infilled with dark grey mineralization. The specimens from the structure averages 27,092 gm/tonne silver and 248 gm/tonne gold.

The mineralized zone with North Face of Shiny Cliff is amenable to examination and thorough sampling by deep slot trenching. The practicality of this approach is illustrated by a roughly cubic 40 ton boulder that has broken off the face of Shiny Cliff and has moved about 20 metres downslope. Specimens from it averaged 857 gm/tonne silver and 10.6 gm/tonne gold.

The Mine Hill Showing is roughly half way between the historic East Gold mine and Shiny Cliff Showing. It is roughly 65 metres southeast of the Shiny Cliff Showing. Thirteen specimens were collected along a weathered, silificied and bifurcated, sulphide rich vein system. The specimens from the structure average 522.93 gm/tonne silver and 6.55 gm/tonne gold.

Lab Ag Au
Specimen GM/T GM/T
L625552 221 2.2
L625553 379 4.3
L625554 165 3.1
L625555 297 1.5
L625556 60 1.2
L625557 349 3.8
L625558 395 4.2
L625560 1912 23
L625561 1786 24.8
L625562 772 5.8
L625563 104 6.7
L625564 102 3.2
L625598 256 1.3

Precious metal values for all specimens were determined from fire assay by Bureau Veritas Minerals Laboratories (BVML) services in Vancouver, Canada.

A 100 metres southeast of the Rico, the Horse Trail Showing contains gold bearing galena. Exploratory grab specimens had gold values as high as 4.5 g/tonne.

Complete listing of assay results with a plan map of drill traces from the Electrum 2015 fall program, are available on the corporate website at www.americancreek.com.

The Electrum project is 100 per cent owned by American Creek and is located in the accessible southern portion of the Golden Triangle, north of Stewart, B.C., a region known for its dynamic, large scale precious metal exploration and mining activities. The Electrum project (historical East gold mine) is located approximately 25 km south of Pretivm’s Brucejack gold mine. The Electrum is 45 km by existing road from world-class concentrate shipping port facilities located in Stewart.

The Qualified Person for the Electrum exploration program is Alex Burton, P. Eng., P. Geo. for the purposes of National Instrument 43-101.

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

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.

INTERVIEW: American Creek Discusses Recent High Grade Specimens With Avg. 27,092 gm/t Silver and 248 gm/t Gold

Posted by AGORACOM-JC at 8:38 AM on Wednesday, January 20th, 2016

  • Specimens from the structure averages 27,092 gm/tonne silver and 248 gm/tonne gold
  • Results from outcrop specimens of high grade material collected on its Electrum property from the Shiny Cliff vein on the North Face Showing Read More

Hub On AGORACOM / Corporate Profile / Read Release

American Creek Resources – Electrum Project High Grade Specimens Average 27,092 gm/t Silver and 248 gm/t Gold

Posted by AGORACOM-JC at 9:16 AM on Tuesday, January 19th, 2016

  • Results from outcrop specimens of high grade material collected on its Electrum property from the Shiny Cliff vein on the North Face Showing
  • Specimens from the structure averages 27,092 gm/tonne silver and 248 gm/tonne gold

CARDSTON, ALBERTA–(Jan. 19, 2016) – American Creek Resources Ltd. (TSX VENTURE:AMK) (“American Creek”) is pleased to provide results from outcrop specimens of high grade material collected on its Electrum property from the Shiny Cliff vein on the North Face Showing.

Twenty-two specimens were collected along a central druzy quartz vein, approximately 35 cm wide, infilled with dark grey mineralization. The specimens from the structure averages 27,092 gm/tonne silver and 248 gm/tonne gold.

The following table lists the results.


The American Creek 2015 fall exploration program focused on the Shiny Cliff area. Its objective was to gain a better understanding of the geological structures present and to test a newly developed exploration concept and approach for the property.

A specialized diamond coring drill was utilized which had the capability to drill flat holes and which provided the ability to drill targets of interest with more precision. Approximately 100 grab specimens were collected from various locations on the property and eight shallow diamond drill holes totaling 1020 feet were drilled.

Drilling was carried out 15 metres to the southeast towards the Shiny Cliff showings. Our current understanding of the larger structure which hosts the high grade specimens from the Shiny Cliff showings are that the alteration zone is roughly 10 metres wide containing 3 veins. The structure strikes NorthWest and dips steeply to the SouthWest into the hillside. The Shiny Cliff Vein material assayed is interpreted to be the central of the 3 veins intersected by the drilling.

Precious metal values for all specimens were measured by the accurate, but destructive, fire-assay. 50 gram specimens were fire assayed by Bureau Veritas Minerals Laboratories (BVML) services in Vancouver, Canada. The technique used lead collection fire assay fusion for total sample decomposition, digestion of the Ag dore bead and the gold bead is then analyzed by gravimetric method. It should be noted that an extra equipment wash with silica between specimen pulverizing was in place to reduce sample cross contamination.

Additional assays results, along with an interpretation of those results, will be released in the near future after further analysis has been completed.

The Electrum project is 100 per cent owned by American Creek and is located in the Golden Triangle, north of Stewart, B.C., a region known for its dynamic, large scale precious metal exploration and mining activities

The Electrum project (historical East gold mine) is located approximately 25 km south of Pretivm’s Brucejack gold mine. The Electrum is road accessible and is only 45 km from world-class concentrate shipping port facilities located in Stewart.

The Qualified Person for the Electrum exploration program is Alex Burton, P. Eng., P. Geo. for the purposes of National Instrument 43-101.

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

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

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

American Creek Resources Ltd.
Kelvin Burton
403 752-4040
[email protected]
www.americancreek.com

David Mosher Joins the Harvest Gold Board of Directors

Posted by AGORACOM-JC at 2:57 PM on Thursday, January 7th, 2016

  • Announced the appointment of David Mosher as a Director of the Company, effective immediately
  • Mining executive with over thirty-five years experience in Australia, Canada, the United States, Russia, Asia and Africa

Vancouver, BC / January 7, 2016 – Harvest Gold Corporation (TSX.V: HVG) (the “Company”) is pleased to announce the appointment of David Mosher as a Director of the Company, effective immediately. Mr. Mosher is a mining executive with over thirty-five years experience in Australia, Canada, the United States, Russia, Asia and Africa. Over the past decade he has been active in the restructuring, financing and management of a number of resource companies, both private and public. Currently he is an independent director for three public companies.

Most notably in Mr. Mosher’s career, from 1992 to 2008, he was the President and CEO of High River Gold Mines Ltd., a Toronto Stock Exchange listed company involved in the exploration, development and production of gold. In late 1992 he negotiated a JV with TVX Gold Inc. to put the New Britannia Gold Mine in Manitoba, Canada into production, acquired a major equity interest in two producing Russian gold mines and completed a Mining Investment Agreement with the government of Burkina Faso allowing exploration, development and production on the advanced Taparko property. He was responsible for equity financing of over $300 million to support the company’s growth from 1993, which included the development of two open pit mines: the Taparko Gold mine in Burkina Faso, West Africa and the Berezitovoye Gold mine in Russia.

Also noteworthy, as Project Manager of Pancontinental Mining Limited (PML) from 1972 to 1974, a joint venture between PML and Getty Oil, he led the team that discovered and outlined the world’s largest uranium deposit at that time, the Jabiluka uranium project in the Northern Territory of Australia.

Rick Mark, President and CEO of Harvest Gold, states: “I have known and worked with Dave for almost ten years and am delighted he is joining the Company’s Board. His experience speaks for itself. Very few in our industry of exploring, discovering, financing, developing and operating mines have successfully executed all phases of the business and Dave has done it successfully in varied jurisdictions around the world. He is an outstanding geologist and an excellent communicator and adds depth and knowledge to our Board.”

On behalf of the Board of Directors

Rick Mark,
President and CEO,
Harvest Gold Corporation

For more information please contact:

Rick Mark or Jan Urata
@ 604.682.2928 or [email protected]

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.

Phase I Geophysical Exploration on Decouverte Property Completed

Posted by AGORACOM-JC at 11:05 AM on Monday, November 30th, 2015

  • Company providing update in relation to its grant from the Institut National de la Recherche Scientifique of Quebec for the deep geophysical surveys on Durango’s wholly owned Decouverte  property
  • The INRS grant on the Decouverte property was used to focus on defining the electromagnetic (EM) anomalies from Durango’s Dighem airborne survey, which may be indicative of massive sulphide mineralization

Vancouver, BC / November 30, 2015 – Durango Resources Inc. (the “Company” or “Durango“) is pleased to provide an update in relation to its grant from the Institut National de la Recherche Scientifique (“INRS”) of Quebec for the deep geophysical surveys on Durango’s wholly owned Decouverte (Discovery) property.

The Decouverte property is located in the Frotet-Evans greenstone belt in northern Quebec approximately 100 km to the northwest of the town of Chibougamau, neighbouring on the east side of Osisko Gold’s Assinica property (TSX-OR), 10km southwest of Beaufield Resources Inc.’s Troilus-Tortigny Property (TSX.V-BFD) and 60 km to the southwest of the former-producing Troilus mine.

The INRS grant on the Decouverte property was used to focus on defining the electromagnetic (EM) anomalies from Durango’s Dighem airborne survey, which may be indicative of massive sulphide mineralization. The field exploration program conducted in November 2015 included magnetometric, gravimetric and audiomagnetotellurics surveys along kilometer long sections which intersected different geological structures of interest for mineral exploration.

One section examined, crosses a magnetic high and a strong conductor hosted in a basaltic unit which is probably hosting an iron formation or possibly volcanogenic mineralization. Preliminary interpretation of the audiomagnetotellurics data shows distinct geolectric features up to 2,000m (depth).

Rock sampling was conducted to allow for petrophysics laboratory study on the Decouverte rocks. All geophysical, petrophysical and geological data will be examined over the next few months and will be used to develop a model of the deep geology of the property. Additional information will be released as it becomes available.

Marcy Kiesman, CEO, states, “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. It is noteworthy that there are three important massive sulphide showings to the west (Fallara, Rapides Assinica and Lucky Strike) and to the East there are VMS deposits with proven resources (Tortigny, Lessard, De Maures, Moleon). Osisko neighbours to the west of Decouverte and is also exploring mindful that VMS deposits often occur in clusters which means the discovery of one may indicated 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.

PHASE I travaux geophysiques au PROPRIETE DECOUVERTE REMPLI
Vancouver, Colombie-Britannique / TheNewswire / Novembre 30, ici a 2015 – Ressources Durango Inc. (la “Societe” ou “Durango”) est heureuse de fournir une mise a jour par rapport a sa subvention de l’Institut national de la recherche scientifique (<<INRS>>) de Quebec pour les leves geophysiques profondes sur Decouverte (Discovery) la propriete a part entiere de Durango.

La propriete Decouverte est situe dans la ceinture de roches vertes de Frotet-Evans dans le nord du Quebec a environ 100 km au nord-ouest de la ville de Chibougamau, voisin sur le cote est de la propriete Assinica d’Osisko Gold (TSX-OR), 10 km sud-ouest de Beaufield Resources Inc. Troilus-Tortigny propriete (TSX.V-BFD) s >>et a 60 km au sud-ouest de l’ancienne mine Troilus-production.

La subvention de l’INRS sur la propriete Decouverte a ete utilise pour se concentrer sur la definition des electromagnetique (EM) des anomalies de l’enquete Dighem aeroportee de Durango, qui peut etre indicatif de mineralisation de sulfures massifs. Le programme d’exploration sur le terrain menee en Novembre 2015 inscrits, les etudes gravimetriques et magnetometriques audiomagnetotellurics long kilometre de long qui a recoupe sections differentes structures geologiques d’interet pour l’exploration miniere.
Une section a examine, traverse une haute magnetique et un conducteur forte heberge dans une unite basaltique qui est sans doute l’hote d’une formation de fer ou la mineralisation volcanogene eventuellement. L’interpretation preliminaire des donnees montre geolectric audiomagnetotellurics distincte offre jusqu’a 2000 m (profondeur).

Echantillonnage de roches a ete realisee pour permettre l’etude de laboratoire petrophysique sur les rochers Decouverte. Toutes les donnees geophysiques, petrophysiques et geologiques seront examinees au cours des prochains mois et seront utilises pour developper un modele de la geologie profonde de la propriete. Des informations supplementaires seront rendues publiques des qu’elles seront disponibles.
Marcy Kiesman, chef de la direction, les etats, “La propriete decouverte reste un projet convaincant pour Durango en raison de son environnement volcano-sedimentaire et la geologie structurale qui augmente le potentiel pour une medaille d’or significative et / ou gisement de SMV. Il est a noter qu’il ya trois importante massif occurrences de sulfures a l’ouest (Fallara, Rapides Assinica et Lucky Strike) et a l’Est il ya des gisements de SMV avec des ressources prouvees (Tortigny, Lessard, de Maures, Moleon). Voisins Osisko a l’ouest de decouverte et explore egalement conscient que VMS depots se produisent souvent en grappes qui signifie que la decouverte de l’un peut a indique qu’il y en a d’autres a proximite.”

L’information technique contenue dans ce communique de nouvelles a ete examine et approuve par Marc Richer-Lafleche, geologue QC, une personne qualifiee tel que defini dans la Norme canadienne 43-101.
A propos Decouverte

La propriete est decouverte dans la ceinture de roches vertes de Frotet-Evans environ 60 kilometres au sud-ouest de l’ancienne mine Troilus de cuivre-or, qui a produit plus de deux millions onces d’or et 50.000 tonnes Cu de 1997 a 2010. La propriete couvre environ 5900 hectares couvrant un pli synclinal nez d’unites archeennes sectionnes par une zone de cisaillement majeure direction nord-est. Durango a effectue une heliporte Dighem EM / magnetique du leve geophysique aeroporte sur la propriete en 2011 (NR 24 novembre 2011) et de la geochimie des sols et de prospection en 2013 et 2014 domaines ciblant identifie dans le leve aeroporte. Le contexte geologique est principalement volcanites mafiques (basaltes / andesites), dans des endroits fortement cisaillees, coupees par des unites pegmatitiques granitiques et sedimentaires significative, l’oxyde et le sulfure de fer au facies des unites de formation. Alteration y compris la silice, sericite et de carbonate de fer est note. Les valeurs du sol importantes comprises 174 ppb d’or, 0,66 ppm d’argent, 150 ppm de nickel, de 200 ppm de cuivre et 240 ppm de baryum. Chip echantillons / canal de rock ont donne des valeurs de 7,6 g / t d’or et 6,24 g / t d’or heberge dans des veines de quartz etroites dans volcanites mafiques, dans la zone de contact avec le granite pegmatitiques. La propriete est situee a 100 kilometres au nord de Chibougamau, Quebec et les avantages d’une infrastructure favorable, y compris l’accessibilite routiere, etant de 10 kilometres de la route du Nord, et une ligne electrique qui traverse la propriete.

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 in Quebec, as well as three sets of claims in the Labrador nickel corridor.

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

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900

Facsimile: 888.266.3983

Email: [email protected]

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 timing of mineral resource estimates, future exploration or project development programs, execution of a definitive agreement, raising of funds, obtaining regulatory approvals 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.

Uragold Completes Fieldwork Phase Of Program To Validate Historical Estimate Of Roncevaux High Purity Quartz Vein Deposits

Posted by AGORACOM-JC at 9:49 AM on Tuesday, November 24th, 2015

  • Announced that the INRS (Eau Terre Environnement) team has completed the fieldwork phase of its ongoing exploration program on the Roncevaux High Purity Quartz vein property located in the Matapedia Valley in the Gaspe region of Quebec
  • Uragold is the largest holder of High Purity Quartz properties in Quebec, with over 3,500 Ha under claims.

Montreal, Quebec / November 24 2015 – Uragold (TSX Venture: UBR) is pleased to announce that the INRS (Eau Terre Environnement) team has completed the fieldwork phase of its ongoing exploration program on the Roncevaux High Purity Quartz vein property located in the Matapedia Valley in the Gaspe region of Quebec. Uragold is the largest holder of High Purity Quartz properties in Quebec, with over 3,500 Ha under claims.

INDUSTRY COVETS RONCEVAUX HIGH PURITY QUARTZ

The material’s unique characteristics make it highly coveted within the industry, as confirmed by the following:

March 2, 2015 – A major Silicon Metal Producer (1st Producer) expressed interest in purchasing 20,000 – 50,000 tons of High Purity Lump Quartz from Roncevaux. The 1st Producer confirmed material from Roncevaux successfully passed rigorous internal testing protocols, deeming our material highly suited for their Silicon Metal production plant.

August 27, 2015 – A second major Silicon Metal Producer, for the purpose of securing material for their plant, requested High Purity Quartz samples from Roncevaux for evaluation.

TRANSFORMING RONCEVAUX QUARTZ INTO HIGH VALUE END PRODUCT

In addition to the above, Uragold is also evaluating the possibility of becoming a fully integrated vertical producer of High Purity Solar Grade Silicon Metal / Value End Products:

September 30, 2015 – Uragold announced a partnership with Pyrogenesis Canada, in which PyroGenesis granted Uragold a worldwide exclusive right to the usage of the PUREVAP (TM) Quartz Vaporization Reactor technology. The purpose of the partnership is to transform our High Purity Quartz into High Purity Solar Grade Silicon Metal / Value End Products such as:

  • -Solar Grade Silicon Metal (“UMG Si”) 6N to 8N purity Si which presently sells for $USD 12.51 per Kg ($USD 12,510 per Metric ton)1;-Polysilicon or 9N Si which presently sells for $USD 14.10 per Kg ($USD 14,100 per Metric ton)2

Successful testing of this process and transformation of our High Purity Quartz into High Purity Solar Grade Silicon Metal, is expected to be completed in Q1 2016, and will put Uragold in a position to turn its Quartz Projects into the Highest Purity, Lowest Cost Supplier to the Solar Industry.

Bernard Tourillon, Chairman and CEO of Uragold stated: “The science behind the PUREVAP (TM) Quartz Vaporization Reactor is strong: A Plasma arc based process can transform High Purity Quartz into Metallurgical Grade Silicon Metal (“Mg Si”). The Plasma arc based process can then be used to purify Mg Si into higher value materials such as Solar Grade Silicon Metal. Furthermore, refining Mg Si using an electron-beam furnace in a high vacuum processing environment has proven the concept of the elimination of elements whose vapor pressures are higher than that of silicon. What is unique and ground breaking about the PyroGenesis approach is the combination of these three proven processes into one step”

FIELDWORK COMPLETED BY INRS DURING THE FIRST EXPLORATION PHASE

  • -Twelve (12) lines of forest were cut and cleared for geological mapping and for geophysics work that included:
    • -High-resolution magnetometric survey (total field and gradient) (GSM-19)-Frequency-domain electromagnetic survey (Iris Promis-10)-Four electrical resistivity tomographic sections (ABEM Terrameter LS)

    -New trenches were excavated and old trenches were cleaned to allow channel sampling of the quartz vein and the collection of 200 Kg samples for:

    • -High precision geochemical evaluation to be done by the INRS; and-2nd Producer evaluation and Dorfner Anzaplan test regarding the development of property specific beneficiation processes for the production of ultra high purity quartz sands (99.99+% SiO2) (April 13, 2015 press release).

Results of the geophysics and geochemical work will allow the planning of a drilling program to confirm SiO2 purity at depth and to validate the historical estimates of 414,700 tons of High Purity Quartz contained in the V1 vein structure (grading @ 99.20% of SiO2) (GM60610: Barrette, Jean-Paul. 2003. Rapport des travaux d’exploration miniere sur la veine de quartz pur. Projet Silice Roncevaux, Canton Roncevaux, Gaspesie)

Patrick Levasseur, President and COO of Uragold stated, “This work is advancing our understanding of the Roncevaux quartz deposit. When combining our technology partnership with PyroGenesis Inc. and our properties portfolio, Uragold is well positioned to become a Green Tech industry leader in the quartz value added business.”

All information such as resource estimates and grades herein presented is historical in nature and while relevant, the information was obtained before the implementation of National Instrument 43-101 and as such does not meet National Instrument 43-101 reporting standards. The historical estimate should not be relied upon until the Company can confirm them.

The work was complete by a team supervised by Dr. Marc Richer-LaFleche, Ph.D. (Geo) the Institut National de la Recherche Scientifique (INRS, Eau Terre Environnement). Mr. Vivian Stuart-Williams, SACNASPS, working under Special Authorization #308 of the Quebec Order of Geologist, is an Independent Qualified Person as defined by National Instrument 43-101 that supervised the preparation of the information in this news release.

About Uragold

Uragold, with its worldwide exclusive usage of the PUREVAP (TM) quartz vaporization reactor, is endeavouring to become a vertically integrated Silicon Metal, Solar Grade Silicon Metal and Polysilicon producer.

The PUREVAP (TM) quartz vaporization reactor process’s big advantage is its one step direct transformation of Quartz into Solar Grade Silicon and/or Polysilicon, thereby potentially allowing Uragold to manufacture high value material (Solar Grade Silicon and Polysilicon) for the same operating cost presently being paid by traditional producers to make Metallurgical Grade Silicon using the traditional arc furnace approach.

Uragold is also the largest holder of High Purity Quartz properties in Quebec, with over 3,500 Ha under claims. Despite the abundance of quartz, very few deposits are suitable for high purity applications. High Purity Quartz supplies are tightening, prices are rising, and exponential growth is forecast. Quartz from the Roncevaux property successfully passed rigorous testing protocols of a major silicon metal producer confirming that our material is highly suited for their silicon metal production.

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.

For further information contact

Bernard J. Tourillon, Chairman and CEO Tel (514) 907-1011
Patrick Levasseur, President and COO Tel: (514) 262-9239
www.uragold.com

CEO/Chief Geologist James A. Briscoe discusses Phase 1 Drilling Plans at the Hay Mountain Project

Posted by AGORACOM-JC at 10:09 AM on Tuesday, October 27th, 2015

LBSR: OTCQB

  • Company reached another important milestone in its efforts to begin drilling at Hay Mountain. Company has submitted an Exploration Plan of Operation for diamond core drilling to the Arizona State Land Department (ASLD) for specific sites on State lands.
  • In addition to two primary holes, eight others will be drilled if success is achieved in drill holes 1 and/or 2.

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