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ThreeD Capital $IDK.ca Announces Proposed Private Placement

Posted by AGORACOM-JC at 9:37 AM on Monday, October 16th, 2017

Threed capital

  • Proposing to complete a non-brokered private placement
  • To sell up to 10 million units  at a price of $0.10 per Unit, for aggregate gross proceeds of up to $1,000,000

TORONTO, Oct. 16, 2017 — ThreeD Capital Inc. (“ThreeD” or the “Company”) (CSE:IDK) announces today that it is proposing to complete a non-brokered private placement to sell up to 10 million units (“Units”) at a price of $0.10 per Unit, for aggregate gross proceeds of up to $1,000,000 (the “Financing”).  Each Unit will consist of one common share of the Company and one common share purchase warrant (a “Warrant”).  Each Warrant will entitle the holder to acquire one additional common share of the Company at an exercise price of $0.15 per share for a period of 36 months following the closing date of the Financing.   Up to 33% of the Financing may be purchased by insiders of ThreeD.

The gross proceeds of the offering will be used for general and administrative expenses and the purchase of investments.  Completion of the offering is subject to regulatory approval, including the approval of the Canadian Securities Exchange.  The common shares and Warrants issued will be subject to a four-month hold period from the date of the closing of the Financing.  The Financing is expected to close by October 31, 2017.

The Company also wishes to announce it has formed an advisor group composed of mainly outside consultants to help with due diligence and deal flow relating to potential Blockchain Investments.

About ThreeD Capital Inc.

ThreeD is a publicly-traded Canadian-based venture capital firm focused on opportunistic investments in companies in the resource, technology and biotechnology markets.

For further information: Gerry Feldman, CPA, CA Chief Financial Officer and Corporate Secretary [email protected]
telephone: 416 606 7655

HPQ Silicon Resources $HQP.ca Gen 2 PUREVAP(TM) QRR Commences Operation

Posted by AGORACOM-JC at 9:34 AM on Monday, October 16th, 2017

Hpq large

  • Gen 2 PUREVAPtm Quartz Reduction Reactor (“QRR”) reactor, 1/250 scale model of the planned 200 tonnes per annum (tpa) Pilot Plant (PUREVAPtm Pilot Plant) has completed its installation,
  • Assembly and commissioning phases and that the new testing program will commence this week

MONTREAL, QUEBEC–(Oct. 16, 2017) – HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to advise shareholders that PyroGenesis Canada Inc (PyroGenesis) has informed HPQ that the Gen 2 PUREVAPtm Quartz Reduction Reactor (“QRR”) reactor, 1/250 scale model of the planned 200 tonnes per annum (tpa) Pilot Plant (PUREVAPtm Pilot Plant) has completed its installation, assembly and commissioning phases and that the new testing program will commence this week.

Bernard J. Tourillon, Chairman and CEO of HPQ Silicon stated, “Commencement of the Gen 2 PUREVAPtm QRR is an exciting day for HPQ, PyroGenesis and our shareholders. Building on our Gen 1 PUREVAPtm success to date the Gen 2 PUREVAPtm QRR will allow further refinements to the silicon purification and testing of the numerous process improvements now planned for the Pilot Plant. This will greatly de-risk our project and provide valuable information now as we continue to make the process adjustments needed to produce commercial quantities of Solar Grade Silicon Metal.”

ANTICIPATED TIMELINE FOR TESTING AND KEY MILESTONE MOVING FORWARD

The new Gen 2 Purevapâ„¢ QRR testing program will focus on Process Refinement, Characterization, Metallurgical Testing and testing electrical parameters.

The first tests will be done to establish the new operating parameters of the equipment, using a low purity batch of Roncevaux Quartz as feedstock.

The first key millstones of the program being:

  • Successfully operating the Gen 2 Purevapâ„¢ in a semi-continuous feed mode over multiple test cycles;
  • Successfully tapping the Silicon Metal from the Gen 2 Purevapâ„¢, over multiple test cycles.

This phase of testing, expected to last several weeks is important as it will give us crucial data to commence final design of the PUREVAPtm Pilot Plant to be constructed in 2018.

Once Gen 2 is fully operational, we will switch to High Purity Feedstock, for the next series of tests, focusing on:

  • Testing of the electrical parameters of the High Purity Si;
  • Produce enough material to send samples to Solar industry participants;
  • Provide data to demonstrate the economics of PUREVAPâ„¢ QRR.

UPDATE ON GEN 1 PUREVAPtm SILICON METAL PURITY TESTS

The final comprehensive report and recommendations on the original proof of concept and GEN 1 process characterization, including the complete 94 metallurgical tests conducted, is being finalized by PyroGenesis.

This Press Release Is Available On The Company’s CEO Verified Discussion Forum, A Moderated Social Media Platform That Enables Civilized Discussion and Q&A Between Management and Shareholders.

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

About HPQ Silicon

HPQ Silicon Resources Inc is a TSX-V listed resource company planning to become a vertically integrated and diversified Metallurgical Grade and Solar Grade Silicon Metal producer. Our business model is focused on developing a disruptive one step High Purity and Solar Grade Silicon Metal manufacturing process (patent pending). Solar Grade Silicon being the key ingredient required to transforms the sun energy into electricity.

HPQ plans to generate high yield returns and significant free cash flow within a relatively short time line. The process will have a greatly decreased carbon footprint, energy footprint, and will eliminate the use of the toxic chemical reagents and by products now in use by the current solar silicon production technologies, which fundamentally date from designs made in the mid 1900’s.

Disclaimers:

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

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

Shares outstanding: 173,003,173

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

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

American Creek $AMK.ca Reports That #TreatyCreek JV Drill Program is Well on Its Way to Defining a #Gold Resource

Posted by AGORACOM-JC at 9:31 AM on Monday, October 16th, 2017

Hublogolarge2 copy

  • Darren Blaney, CEO of American Creek, stated the following in response to the Tudor news:
  • These first holes from Tudor’s Copper Belle resources estimate drill program look very promising.
  • Of significance is hole CB-17-07 which intersected a 369 meter interval of gold mineralization;
  • included a 43.5 meter interval of 1.81 g/t gold with 11.88 g/t silver and 0.142 % copper.
  • This early discovery of higher grade gold with associated copper within the porphyry system is very encouraging.”

American Creek Resources Ltd. (TSX-V:AMK) (“American Creek”) (“the Corporation”) is very pleased to announce that JV partner and operator Tudor Gold Corp. (“Tudor”) has released results for the first four holes drilled on the Copper Belle zone at the Treaty Creek Project located in BC’s “Golden Triangle” immediately north of, and in the same hydrothermal system as, Seabridge Gold’s KSM project and Pretivm’s Brucejack project.

This press release features multimedia. View the full release here: http://www.businesswire.com/news/home/20171016005508/en/

October 16, 2017 09:00 AM Eastern Daylight Time

CALGARY, Alberta –American Creek Resources Ltd. (TSX-V:AMK) (“American Creek”) (“the Corporation”) is very pleased to announce that JV partner and operator Tudor Gold Corp. (“Tudor”) has released results for the first four holes drilled on the Copper Belle zone at the Treaty Creek Project located in BC’s “Golden Triangle” immediately north of, and in the same hydrothermal system as, Seabridge Gold’s KSM project and Pretivm’s Brucejack project.

Tudor reported the following:

Tudor Gold Extends Gold Zone at Treaty Creek to Over One Kilometer

Tudor Gold Corp. (TSX.V: TUD) (Frankfurt: TUC) (the “Company” or “Tudor Gold”) is pleased to report on the results of the first four holes of the Copper Belle zone and on the completion of the resource delineation program for the Copper Belle zone of the Treaty Creek property.

The Copper Belle resource delineation drill program was completed with 27 holes to depths below 700 meters and with step outs of 50 meters where it was possible. Over 13,722 meters of drilling was completed in the Copper Belle zone in 2017.

CB-17-04, the first step-out hole drilled this year on the Copper Belle zone, intersected 176.2 meters of continuous mineralization which returned 0.80 g/T Au from 152.1 to 328.5 meters depth. Hole CB-17-04 was collared 40 meters north of CB-16-03 where topography permitted. Complete results are pending for the remaining 23 holes.

Drill results for the first four Copper Belle holes at Treaty Creek are summarized in the table below:

Click to view drill hole map

Results from subsequent drill holes from the 2017 drill program at Copper Belle are still pending. Drill holes targeted the mineralized zone on Copper Belle and all holes to date have intersected long intervals of mineralization to depth. Drill holes were targeted oblique to the northwesterly plunge of the main mineralized zone. The drill program was designed for approximately 50 meter step-outs across the mineralized zone to create a block of delineated mineralization for a preliminary resource estimate. All drill holes were down hole surveyed at 25 m stations using a Reflex Multi-shot device.

The Copper Belle resource estimate will use data from 27 holes from 2017, three holes from 2016, 17 holes from 2009 and 10 holes from 2007, for a total of 22,970 meters drilled. These drill holes cover an area of approximately 250 meters wide by a kilometer long. Copper Belle zone mineralization is open in all directions and to depth.

The HC drill program consisted of 17 drill holes totalling 5,401 meters that tested the mineralized strata-bound structure for a strike length of 400 meters and 400 meters down dip (still open at depth), and the vein system remains open to the north, south and at depth. The program was designed with a maximum of 50 meter step-outs in the mineralized zone to prepare for a preliminary resource estimate in this area. Assay results are pending for the remaining holes.

The Company is very pleased to report that the magnetotelluric geophysical survey program (“MT Survey”) that was implemented in 2016 has been effectively utilized as a guide for the 2017 drill program. The MT Survey suggests that the mineralization continues to the south, toward the Iron Cap deposit of Seabridge Gold Inc. The MT Survey also suggests that the mineralized zone continues in all directions. Tudor Gold’s 2017 drill program is located five kilometers north of the Iron Cap deposit and the Company intends to step out to the south in its 2018 program to see if it can determine a relationship between the two areas.

Walter Storm, President and CEO, stated: “We are very pleased with these early drill results at Copper Belle because they demonstrate both grade, continuity and the immense size of this pervasively mineralized system. Two major faults control the mineralization which strikes southwest-northeast and dips to the northwest. Our exploration team is effectively following the mineralization using 50 meter step-outs, which will help ensure we have the data density for our planned mineral resource estimates.”

The Qualified Person for the Treaty Creek results in this news release is James McCrea, P.Geo. for the purposes of National Instrument 43-101. He has read and approved the scientific and technical information that forms the basis for the disclosure contained in this news release.

Darren Blaney, CEO of American Creek, stated the following in response to the Tudor news: “These first holes from Tudor’s Copper Belle resources estimate drill program look very promising. Of significance is hole CB-17-07 which intersected a 369 meter interval of gold mineralization which included a 43.5 meter interval of 1.81 g/t gold with 11.88 g/t silver and 0.142 % copper. This early discovery of higher grade gold with associated copper within the porphyry system is very encouraging.”

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

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

About American Creek

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

For further information please contact Kelvin Burton at: Phone: 403 752-4040 or Email: [email protected]. 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.

View source version on businesswire.com: http://www.businesswire.com/news/home/20171016005508/en/

American Creek Resources Ltd.
Kelvin Burton, 403 752-4040
[email protected]

American Creek $AMK.ca encounters high grade Au/Ag at Treaty Creek north of, and in the same system as Seabridge Gold $SA $SEA.ca KSM project

Posted by AGORACOM-JC at 11:43 AM on Friday, October 13th, 2017

AMK: TSX-V, OTCBB: ACKRF

RECENT HIGHLIGHTS

  • Additional gold discovery of 5.1m of 9.57 g/t gold from 249.35m to 254.45m Read More
  • Tudor Has Discovered a New Gold Zone at Treaty Creek: 110 M of 0.909 g/t Gold, Upper 316 M of Hole Yet to Be Assayed
  • Specimens from the Electrum property average 27,092 gm/tonne silver and 248 gm/tonne gold. Read More
  • Tudor has now completed the previously announced Magnetotelluric survey and has commenced drilling Read More
  • Hole CB-16-03 returned 0.526 g/t gold over 629.7 meters
  • Included within this wide 629.7 meter interval is 338 meters of 0.70 g/t gold
  • Also included 54 meters (from 88 to 142 meters) of 1.117 g/t gold and 122 meters of 0.965 g/t gold

View Presentation

Tartisan Resources Corp. $TTC.ca will be included in the #Tormont50

Posted by AGORACOM-JC at 5:22 PM on Thursday, October 12th, 2017

Tartisan logo copy

  • Tartisan Resources Corp. will be included in the Tormont50
  • Tormont50 is a web based platform and introduction source for companies and institutional investors
  • Provides relevant and credible information on top growth opportunities identified in the North American small and micro-cap segment

The Tormont50 is a web based platform and introduction source for companies and institutional investors which provides relevant and credible information on top growth opportunities identified in the North American small and micro-cap segment.

Companies invited to the Tormont50 demonstrate compelling reasons for investment, including but not limited to, undervaluation relative to peers, new and innovative/disruptive technologies or methods, management/board evolution, upcoming events likely to drive value appreciation and other features which would enable a multiple increase in market cap over the next 6-18 months.

The Tormont50 are showcased to over 70 institutional investors across North America. These investors represent over $15 billion in investable capital. Membership is limited to a maximum of 50 companies.

About TARTISAN RESOURCES

Tartisan Resources Corp. is a Canadian mineral exploration and development company focused on precious and base metals. Tartisan’s portfolio includes; a 100% stake in the Don Pancho Zinc-Lead-Silver Project in Peru, just 9 km from Trevali’s Santander Mine, a 100% stake in the Ichuna Copper-Silver Project in Peru, contiguous to Buenaventura’s San Gabriel Property. Tartisan’s portfolio also includes an equity stake (6 million shares and 3 million warrants @ 40 cents) in Eloro Resources Ltd. (TSX.V:ELO).

INTERVIEW: Monarques $MQR.ca Discusses Acquisition of Richmont Mines $RIC Assets in Quebec, Becoming a #Gold Producer

Posted by AGORACOM-JC at 9:17 AM on Wednesday, October 11th, 2017

$NSM.ca Northern Sphere Geochemical Soil Survey indicates elevated presence of Silver, Nickel, Cobalt & Zinc

Posted by AGORACOM at 9:07 AM on Wednesday, October 11th, 2017

https://s3.amazonaws.com/s3.agoracom.com/public/companies/logos/564605/hub/NSM.png

    • Strategic soil survey conducted between historic McMorris and La Plata Silver Mines on Black Diamond
    • More than one third of the first 250 samples taken had silver values greater than 1 g/t
    • Ten percent of the 250 samples yielded silver values greater than 10 g/t
    • Results are highly encouraging, company committed to further exploration

Northern Sphere Mining Corp. (CSE: NSM) (OTCQB: NSMCF) (“Northern Sphere” or the “Company”) is pleased to provide an update on its Geochemical Survey being conducted on its Black Diamond Property, located next to Freeport McMoRan’s open pit copper mines, and to provide details on recent diamond drilling completed on its patented Buckeye Project.

Figure 1: Miami-Globe, Arizona – Northern Sphere‘s Black Diamond Property

To view an enhanced version of Figure 1, please visit:
http://orders.newsfilecorp.com/files/2104/29583_a1507669799746_65.jpg

In efforts to unlock the potential of its Black Diamond Property, which borders the Porphyry Copper Mining District in Miami, Arizona, Northern Sphere has undertaken an intensive Geochemical Soil Survey over its 3,800-acre property culminating with a 35 Element Aqua Regia ICP-AES analysis.

In addition to using geochemical surveys and geologic, geophysical and outcrop sampling data, Northern Sphere is now employing “cutting-edge” Exploration Targeting Technologies to better and more precisely identify drilling targets. Such technologies use Hyperspectral Satellite Imaging in conjunction with ground geochemical data to re-compute existing geophysical survey data to depict more precise 3D signal locations.

Figure 2: Black Diamond Property Satellite View

Cannot view this image? Visit: http://orders.newsfilecorp.com/files/2104/29583_a1507669799903_69newresize.jpg

To view an enhanced version of Figure 2, please visit:
http://orders.newsfilecorp.com/files/2104/29583_a1507669799903_69new.jpg

Preliminary results from the first 250 geochemical samples analyzed are extremely encouraging. The strategic soil survey, which began near the historic McMorris and La Plata Silver Mines, demonstrated anomalous copper, zinc, and nickel values along with significantly anomalous (up to 344 g/t) silver values (see Figures 4 & 5). More than one third of the first 250 samples taken had silver values greater than 1 g/t (see Figure 3). Ten percent of the 250 samples yielded silver values greater than 10 g/t. A second set of 224 geochemical samples has been collected and shipped to ALS Laboratories for analysis.

During October, Northern Sphere personnel is focusing on geochemical grid sampling efforts on the documented copper anomalies located on the Black Diamond Property. An area of particular interest to Northern Sphere is a documented iron-copper-gold showing which had a Permit to Drill previously submitted to the Forestry Department.

Figure 3: Geochemical Soil Survey – Silver (Ag)

To view an enhanced version of Figure 3, please visit:
http://orders.newsfilecorp.com/files/2104/29583_a1507669800059_6.jpg

Figure 4: Geochemical Soil Survey – Copper (Cu)

To view an enhanced version of Figure 4, please visit:
http://orders.newsfilecorp.com/files/2104/29583_a1507669800262_24.jpg

Buckeye Patent – Diamond Drilling

Over the summer, Northern Sphere drilled 14 surface diamond drill holes on its patented Buckeye Project. The drilling targeted structures similar to those which apparently hosted sufficient quantities of silver to warrant extraction from the historic Buckeye Mine.

The drilling was successful in identifying anomalous silver values below several documented highgrade surface and underground showings. The drilling yielded anomalous silver below both the “Square Nail” shaft, and the former Buckeye Mine.

Thirteen of the fourteen holes drilled intercepted the perceived host structure up to 250 metres below the underground workings for a strike length of 400 metres. The width of the structure, and its corresponding alteration, varied between two and six metres. Of the14 holes drilled, 10 of such holes contained intercepts considered to be anomalous. The intercepts contained elevated silver and copper levels varying from 3 g/t to 179 g/t silver and upwards of 4,600 ppm copper. Table 1 depicts most of the noteworthy intercepts.

Table 1: Northern Sphere Mining – Buckeye Patent
Drilling Composite Results – Silver (Ag)

Hole ID from to  Ag core length
       metres g/t metres
B-17-1 170.7 171.6 4.5 0.9
B-17-2 194.2 196.3 3.5 2.1
B-17-4 236.5 237.7 46.2 1.2
B-17-5 281.0 283.5 3.0 2.4
B-17-6 121.9 124.1 8.2 2.1
B-17-8 99.7 100.1 5.0 0.5
114.1 115.4 4.5 1.2
B-17-9 171.6 177.7 17.8 6.1
171.8 174.3 8.5 2.6
176.2 177.7 51.3 1.5
176.5 176.8 179.0 0.3
B-17-10 50.7 51.8 8.3 1.1
B-17-11 56.1 57.3 4.3 1.2
59.9 61.3 5.7 1.4
61.3 64.5 9.2 3.2
68.9 70.0 4.4 1.1
78.6 79.2 4.8 0.6
B-17-14 164.3 165.5 3.4 1.2

 

Combined with surface and underground samples, the diamond drilling has assisted in identifying four areas hosting anomalous to high grade silver (see Figure 5). The drilling results are encouraging and will assist with future drill targeting. Underground rehabilitation could provide better strategic diamond drilling platforms and would allow for the re-accessing of historic mineralized development.

Figure 5: Buckeye Long section

Cannot view this image? Visit: http://orders.newsfilecorp.com/files/2104/29583_a1507669800528_25resize.jpg

To view an enhanced version of Figure 5, please visit:
http://orders.newsfilecorp.com/files/2104/29583_a1507669800528_25.jpg

In efforts to obtain additional prospective ground, Northern Sphere has been examining various properties including a contiguous patented claim known as the Newton Claim. During a recent visit to the property (private lands associated with the Buckeye Patent), several “float samples” were collected yielding significant silver grades (Table 2) among a larger primarily quartzite surface exposure.

Table 2: Newton Claim
Float Samples

Sample ID Ag
g/t
NEWT A 261
NEWT B 291
NEWT C 496

 

Quality Control

Northern Sphere’s quality control and assurance program includes the use of an independent certified lab, ALS Laboratories (“ALS”) of Tucson, Arizona. All ALS geochemical hub laboratories are accredited to ISO/IEC 17025:2005 for specific analytical procedures. The ALS quality program includes quality control steps through sample preparation and analysis, inter-laboratory test programs, and regular internal audits. It is an integral part of day-to-day activities, involves all levels of ALS staff and is monitored at top management levels.

Qualified Persons

Steve Gray, P.Geo., Vice President of Northern Sphere has reviewed, prepared and approved the scientific and technical information in this press release and is Northern Sphere’s “Qualified Person” as defined by National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

About Northern Sphere Mining Corp.

Northern Sphere is dedicated to growth through the acquisition and development of mining assets with an emphasis on gold, silver and copper. The Company intends on generating robust mining projects through the use of cutting-edge exploration technologies to assist with more precise mineral targeting on its assets. Headquartered in Toronto, Ontario, Northern Sphere has a strong project pipeline of properties with a focus on gold, silver and other metal production in pro-mining jurisdictions.

Cautionary Statements

This press release contains forward-looking statements which reflect Northern Sphere’s current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Northern Sphere disclaims any obligation to update these forward-looking statements other than as required by applicable securities laws.

For further information, please contact:

A. John Carter
Chief Executive Officer
Northern Sphere Mining Corp.
Tel: 905-302-3843

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

Monarques Gold $MQR.ca Announces a Custom Milling Contract for up to 55,000 Tonnes with Eldorado Gold $ELD

Posted by AGORACOM-JC at 3:56 PM on Tuesday, October 10th, 2017

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  • Announced custom milling contract with Eldorado Gold Corporation
  • To process ore from the Lamaque gold mine, located east of Val-d’Or, Quebec
  • Contract provides for the Corporation to process some 50,000 to 55,000 tonnes of ore from the Lamaque mine ore at the Camflo mill until December 31, 2017

Monarques’ Camflo mill pours its first gold bar from the Lamaque mine ore

MONTREAL, Oct. 10, 2017MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX-V: MQR) (FRANKFURT: MR7) is pleased to announce the signature of a custom milling contract with Eldorado Gold Corporation (“Eldorado”) (TSX: ELD; NYSE: EGO) to process ore from the Lamaque gold mine, located east of Val-d’Or, Quebec. The contract provides for the Corporation to process some 50,000 to 55,000 tonnes of ore from the Lamaque mine ore at the Camflo mill until December 31, 2017. The contract can be extended by mutual agreement of both parties.

MONARQUES GOLD ANNOUNCES A CUSTOM MILLING CONTRACT FOR UP TO 55,000 TONNES WITH ELDORADO GOLD. (CNW Group/Monarques Gold Corporation)

“This is very good news for Monarques and our team at the Camflo mill,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “This contract will enable the Camflo mill to operate at 90% of its 1,200 tonne-per-day capacity, and will effectively reduce the operating costs for the Beaufor mine over the coming months. We have also received a certificate of authorization from Quebec’s ministry of sustainable development, environment and climate change to increase the operating capacity of the Camflo mill to 1,600 tonnes per day, allowing us to offer custom milling services to other prospective clients.”

The technical and scientific content of this press release has been reviewed and approved by Marc-André Lavergne, Eng., the Corporation’s qualified person under National Instrument 43‑101.

ABOUT MONARQUES GOLD CORPORATION

Monarques Gold Corp (TSX-V: MQR) is an emerging gold producer focused on pursuing growth through its large portfolio of high-quality projects in the Abitibi mining camp in Quebec, Canada. The Corporation currently owns more than 240 km² of gold properties (see map), including the Beaufor Mine, the Croinor Gold (see video) and Wasamac advanced projects, and the Camflo and Beacon mills, as well as six promising exploration projects. It also offers custom milling services out of its 1,200 tonne-per-day Camflo mill. Monarques enjoys a strong financial position and has more than 150 skilled employees who oversee its operating, development and exploration activities.

Forward-Looking Statements

The forward-looking statements in this press release involve known and unknown risks, uncertainties and other factors that may cause Monarques’ actual results, performance and achievements to be materially different from the results, performance or achievements expressed or implied therein. 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 press release.

Emerging gold producer in Abitibi (CNW Group/Monarques Gold Corporation)

SOURCE Monarques Gold Corporation

View original content with multimedia: http://www.newswire.ca/en/releases/archive/October2017/10/c6152.html

Jean-Marc Lacoste, President and Chief Executive Officer,1-888-994-4465, [email protected], www.monarquesgold.com; Elisabeth Tremblay, Senior Geologist – Communications Specialist, 1-888-994-4465, [email protected], www.monarquesgold.comCopyright CNW Group 2017

St Georges $SX.ca Provides #Lithium Processing Update & New Canadian Focused Subsidiary

Posted by AGORACOM-JC at 3:49 PM on Thursday, October 5th, 2017

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  • Provides update on the progress of a few of its business initiatives
  • Received in Montreal a first delivery of material from the Bonnie Claire sedimentary lithium project, which is 100% owned by Iconic Minerals (TSX-V: ICM)

Montreal, Quebec / October 5, 2017 – St-Georges Platinum & Base Metals ltd (CSE: SX) (OTC: SXOOF) (FSE: 85G1) is pleased to update its shareholders and stakeholders on the progress of a few of its business initiatives.

Lithium Research Initiative Update

The Company has received in Montreal a first delivery of material from the Bonnie Claire sedimentary lithium project, which is 100% owned by Iconic Minerals (TSX-V: ICM). St-Georges’ metallurgists have devised a protocol to extensively test the material in order to prepare a multi-tonne larger bulk test in a pilot plant environment later this fall in collaboration with St-Georges R&D partners. Please refer to St-Georges’ press release dated August 10, 2017 for details regarding the relationship between St-Georges and Iconic Minerals.

St-Georges’ research team will be working on the optimization of the lithium recovery process specific to the Bonnie Claire project’s mineral composition and will be reviewing the potential economic recovery of secondary commodities such as strontium. The approach can be summed up to a combination of hydrometallurgy and mineral process configured in such a way that it optimizes the liquid separation of the valuable elements. St-Georges has now moved away from the stage of the proof of concept and is currently characterizing and identifying the key performance indicators for each step of the lithium recovery pertinent to Bonnie Claire’s mineral material.

New Canadian Focused Subsidiary

Mr. Mark Billings, chairman of the board of St-Georges, will become the president of a new subsidiary of St-Georges that will be receiving certain assets of the company, including the nickel, copper & cobalt project known as the Isoukustouc Project, which is located on the Quebec North Shore, north of the deep-sea port town of Baie-Comeau and on the territory of the Quebec Government Initiative known as the “Northern Plan”.

About Isoukustouc

Owned 100% by St-Georges, the Isoukustouc Project is located 75 km north of the town of Baie-Comeau on the Quebec North Shore and is composed of 32 claims representing an approximate total of 1,800 hectares or 18 square kilometers. Previously reported historical assay values obtained on selected grab samples yielded grades of 17.00% wt. copper, 3.84% wt. nickel and 0.20% wt. cobalt. The 2012 surface sample program from the B40 section yielded 1.85% nickel and 0.335% copper on average. An exploration program of 2,343 line-km of airborne magnetic geophysical survey with 100m spacing was completed in 2011.

ON BEHALF OF THE BOARD OF DIRECTORS

“Frank Dumas’

FRANK DUMAS, PRESIDENT & CEO

About St-Georges

St-Georges is developing new technologies to solve the biggest environmental problems in the mining industry. If these new technologies are successful, they should improve the financial bottom line of current mining producers. The potential success of these technologies would also involve upgrading certain current known metal resources to economic status while addressing the environmental and social acceptability issues.

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

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

Did you know Tartisan $TTC.ca owns 20% equity interest in Eloro $ELO.ca which has 100% stake in the drill ready La Victoria Au-Ag project

Posted by AGORACOM-JC at 10:43 AM on Wednesday, October 4th, 2017

Recently completed the acquisition of the Ichuña Copper-Silver property located in the Department of Moquegua in Southern Peru as well as Don Pancho Polymetallic Property in Huaral, Peru

Investment Highlights

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