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Northern Sphere Mining Corp. Expands Arizona Drill Program at Buckeye Patent Property After First Nine Holes Successfully Intersects Mineralization at Target Depth $NSM.ca

Posted by AGORACOM-JC at 11:00 AM on Tuesday, August 1st, 2017

Nsm

  • Company has completed nine holes
  • Testing the major structure, below the historical underground workings 
  • Can play host to high-grade silver mineralization

Toronto, Ontario–(August 1, 2017) – Northern Sphere Mining Corp. (CSE: NSM) (“Northern Sphere” or the “Company”) is pleased to provide an update on it’s ongoing diamond drill program at it’s patented Buckeye Property, located adjacent to Freeport McMoran-BHP’s open pit copper project in Miami, Arizona.

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Satellite Image of Northern Sphere Mining’s Arizona Option Claims

The Company has completed nine (9) holes, testing the major structure, below the historical underground workings that can play host to high-grade silver mineralization.

The drilling intersected the host structure on all 9 holes, all exhibiting pervasive alteration and mineralization. The Company has moved forward and is expanding the program. Additional holes will target areas below the surface sampling completed in February 2017 where systematic rock-chip channel samples taken perpendicular to the strike of the mineralized structure, yielded silver grades of 38.2 ounces per tonne (opt) over 0.8 ft, 12.2 opt over 3.0 ft, and 4.0 opt over 5.0 ft. The mineralization is on strike with the historic Buckeye Structure, which had grab samples selectively taken within the mineralized structure (and may not be representative of the entire mineralization), yielding assays of 227.4 opt, 22.7 opt and 88.7 opt. These samples were collected where the central portal re-accessed the historical working at the bottom of the decline. Laboratory analysis for the first (9) nine holes are expected to be completed during the month of August.

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Godbe Drilling LLC at Buckeye Property

It is important to note the Buckeye Patent covers less than 1% of Northern Sphere’s Arizona land package. NSM’s Black Diamond Property, contiguous with the Buckeye Property, has multiple prospects, including historic underground silver mines such as the McMorris-La Plata Mine, Jumbo Mine and Silver Sevens Mine. In addition to the historic underground silver mines, large scale, near surface, silver-gold prospects exist in the vicinity and are part of an ongoing large scale geochemical sampling program which began in June 2017.

Northern Sphere is currently reviewing a prospective surficial copper-iron-gold prospect known as the Iron Nugget. The prospect, located on the Black Diamond Claims was mapped and sampled last in 2011 by Trueclaim Resources, when chip samples taken from surficial exposures returned copper values between 2.3% and 7.4% copper.

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 seniro management levels.

Qualified Persons

Steve Gray, P.Geo., Vice President of Northern Sphere has reviewed 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 Mining is dedicated to growth through the acquisition and development of mining assets, with an emphasis on near term production opportunities. Headquartered in Toronto, Ontario, Northern Sphere Mining 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

FEATURE: Portions of Grizzly’s $GZD.ca Greenwood Project Being Explored by Kinross

Posted by AGORACOM-JC at 9:51 AM on Tuesday, August 1st, 2017

Gzdnew
WHY GRIZZLY DISCOVERIES?

  • More than 9 million oz Au produced or as resources in a radius of less than 70KM to Greenwood project
  • Portions of Grizzly’s Greenwood Project being explored by Kinross through option agreement

Planned 2017 Work Program Highlights:

  • 1,250 metres diamond drilling at Mt Attwood-Overlander and Midway areas
  • Generative work of mapping and sampling of high priority targets
  • Planned expenditure totals US $352,000

Greenwood Gold District 

Portions of Grizzly’s Greenwood Project being explored by Kinross is 100% owned by Grizzly Discoveries Inc. and includes 131 claims that form a contiguous package totaling approximately 27,346 hectares, representing approximately one third of Grizzly’s land holdings at Greenwood.

12 MONTH STOCK CHART

GGX Gold Launches Phase Two Drilling Program $GGX.ca

Posted by AGORACOM-JC at 9:45 AM on Tuesday, August 1st, 2017

Ggx large

  • Completion of the first phase of drilling and the beginning of phase two drilling on the Gold Drop Property near Greenwood, BC
  • Targeting the C.O.D. Vein, a Dentonia/Jewel style gold and silver bearing quartz vein in the Gold Drop Southwest zone

The Gold Drop Property Greenwood BC

VANCOUVER, BC / August 1, 2017 / GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) GGX Gold is pleased to announce the completion of the first phase of drilling and the beginning of phase two drilling on the Gold Drop Property near Greenwood, BC. The drill program is targeting the C.O.D. Vein, a Dentonia/Jewel style gold and silver bearing quartz vein in the Gold Drop Southwest zone.

To view an image of the Gold drop zone, please click on the following link:

https://www.accesswire.com/uploads/18039_ggximage1.jpg

The first phase of diamond drilling consisted of 15 drill holes totaling 2500 feet (762 meters). The drilling commenced south of the C.O.D. mine shaft and progressed systematically to the north. The first phase of drilling was to confirm mineralization in the first section of the exposed vein under the series of channel samples that were completed and announced on July 19, 2017. As well the company wanted to determine depth and the dip of the vein exposed at surface. Drilling to date has confirmed the vein to a vertical depth of 120 feet (36.6 meters), being open at depth. The first phase of drilling also intersected additional unexpected veining of which additional drilling is required to delineate. Of note, drill hole COD17-14 (which was drilled at 75° dip perpendicular to the surface vein) intersected a 55 foot (16.8 meters) core length interval of intensely mineralized quartz vein(s). Pyrite, chalcopyrite, possible telluride and visible gold have been observed in the COD17-14 drill core.

To see am image of core length, please click on the following link:

https://www.accesswire.com/uploads/18039_ggximage2.jpg

Drill core is being geologically logged and sampled at the Greenwood facility. Core samples are being delivered to the ALS Minerals laboratory in Vancouver to be analyzed for gold by screen metallic fire assay and for 48 other elements by Four Acid and ICP-MS. Quality control (QC) samples are inserted at regular intervals.

To view an image of cores being logged, please click on the following link:

https://www.accesswire.com/uploads/18039_ggximage3.jpg

Upon a review of the first 15 drill holes which had encouraging visual results from down hole intercepts, combined with the positive results received from the second batch of channel samples announced July 26, 2017, management has initiated a second phase drill program.

To view an image of a core sample, please click on the following link:

https://www.accesswire.com/uploads/18039_ggximage4.jpg

The second phase of diamond drilling will consist of up to 30 drill holes continuing to test the northern extension of the C.O.D. vein.

Earlier this year The Company exposed 160 meters of the C.O.D Vein by means of excavator trenching. The vein is still open in both directions. The vein has been channel sampled at 1.5-meter intervals across an average sample width of one meter. To date analytical results for 68 channel samples have been received, with samples returning anomalous to high-grade values for gold, up to 43.2 g/t Gold and 224 g/t Silver (News release of July 26, 2017).

The Company also announces it has granted 800,000 options at an exercise price of $0.20. The options are exercisable for five years and will be canceled 30 days after cessation of acting as director, officer, employee or consultant of the Company.

To view a map of the region, please click on the following link:

https://www.accesswire.com/uploads/18039_ggximage5.png

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

Investor Relations:

Mr. Jack Singh: 604-720-6598 E-mail: [email protected]

“We don’t have to do this, we get to do this “

The Crew

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.

Millennials’ use of technology is driving lithium demand $BFF.ca $NAM.ca

Posted by AGORACOM-JC at 12:30 PM on Friday, July 28th, 2017

Don Hauka, Special to BNN.ca from Market One Media

Pastos Grandes, Salta Province Argentina
  • According to Goldman Sachs, “Lithium is the new gasoline”.
  • Essential light metal that powers all our hi-tech tools like cell phones, laptops and electric cars.
  • Additionally it is used in grid storage or “powerwalls” that store energy generated by wind turbines and solar cells, allowing energy to be put back into the power grid when consumers need it.

Millennial Lithium is looking to power tomorrow’s generation

According to Goldman Sachs, “Lithium is the new gasoline”. It is the essential light metal that powers all our hi-tech tools like cell phones, laptops and electric cars. Additionally it is used in grid storage or “powerwalls” that store energy generated by wind turbines and solar cells, allowing energy to be put back into the power grid when consumers need it. This 21st century metal is the key driver of clean, renewable energy storage technology. We can’t get enough of it — literally.

Kyle Stevenson, President of Millennial Lithium Corp. (TSX.V: ML), says the world supply of lithium must increase exponentially in order to meet future demand. Fortunately, Millennial Lithium is in a position to help fill the future supply gap predicted my many analysts.

A recent article by The Economist, called the boom The White Gold Rush.

For Stevenson, the White Gold Rush math is pretty simple: the demand for lithium is soaring and so is its price. Demand is being driven by the need to eliminate green house gas-producing internal combustion engines with clean electric vehicle (EV) technology. EVs rely on lithium batteries for power. Lithium prices, are hitting record highs in China, with battery grade lithium jumping to a high of $20,000 per ton in 2017, almost tripling in one year.

Goldman Sachs wrote a report that stated for every one per cent uptake of electric vehicles, you need 70,000 tonnes of lithium carbonate production per year. That’s equivalent to three or four good-sized mines, according to Stevenson.

EVs are growing in popularity in North America, but are even more popular in Europe. In Norway, the penetration of electric vehicles is 37 per cent of the market. Stevenson sees countries like Canada following suit sooner than later.

“That’s where the industry’s going — it’s all going electric,” he says. “In the near future, if you have a two-car family, one will be electric.”

Evidence of that is the demand for the new Tesla Model 3 EV, which is about to go into production. Reasonably priced at about $35,000, Tesla has 400,000 advance orders for this cutting-edge vehicle. But a shortage of lithium for the crucial batteries is putting the brakes on production. Tesla can only produce between 100,000–150,000 vehicles a year due to the lithium shortage.

Couple that with the ever-growing sales of cell phones and other technological products that rely on lithium for their components, and the demand for the new gasoline just keeps going up.

“Right now the lithium industry is at 220,000 tonnes a year of demand, and there’s estimates that in 2025 that the demand will be anywhere from 500,000 to a million tonnes a year,” says Stevenson.

“It’s going to at least double in the next six years, and I don’t see enough lithium projects out there to meet that demand.”

To help fill the gap, Millennial Lithium has assembled 25,000 hectares of claims in the heart of South America’s famed “Lithium Triangle,” home to the world’s most prolific lithium mines. These expansive salt flats are found where Bolivia, Argentina and Chile meet, and boast the highest concentrations of lithium brines in the world. Grades in the lithium triangle average 500 per cent higher than in Nevada — little wonder the triangle is home to several world-class lithium mines, which are the most profitable in the industry.

“We’re at 4,000 metres in the Andes,” says Stevenson, who has been to the region many times. “It’s high alpine desert — it’s definitely interesting terrain.”

The company’s flagship project covers over 6,000 hectares of the Pastos Grandes Salar, 230km from the city of Salta at an elevation of 3,800 metres. Pastos Grandes is an advanced stage project that contains lithium brines ranging from 400 mg/l to 600 mg/l. Pastos Grandes also has some of the best infrastructure in the Lithium Triangle, with good road access, power, water and natural gas.

“We’re completing a resource estimate on it right now that should come out sometime in the fall, and shortly after that we’ll be doing a Preliminary Economic Assessment,” says Stevenson.

“We’re three years from production and that’s what we’re primarily focused on.”

Typically, lithium is found in salars, which are salt-encrusted depressions that are usually in the basin of an evaporated lake. To extract the lithium, brine contained within the salar is pumped up into solar evaporation ponds. It’s an environmentally friendly, largely solar-powered — and very inexpensive — process. The concept and technology is simple. Finding the right salar is not.

“Fortunately, we’ve hit lithium from surface right down to depth. We’re at about 550 metres, so the entire way we’ve had lithium values. It is getting higher grade as we go deeper, but on average we’re looking over 500 ppm lithium.”

Currently, Millennial Lithium has about 30 staff working in Argentina. Stevenson says when the Pastos Grandes mine is built, it will cost about $200–$250 million. That will go into the local economy for service providers, workers and construction contracts. So the people of the region will also enjoy the benefits of the lithium boom.

Argentina’s resurgence as a lithium supplier is due in large part to the election of President Mauricio Macri in December 2015. His government has greatly improved the legislative landscape for mining companies and created rapid growth in Argentina’s lithium industry.

“Macri has opened up the country to foreign investment. It’s open for business for companies developing mining projects, and you can see it in the local economies,” says Stevenson.

“With the influx of mining, the people are happy, so we’re hoping to continue on along those lines, because for so long in Argentina, it was difficult to do business there.”

Millennial Lithium has a strong technical team lead by Iain Scarr in Argentina. CEO Farhad Abasov (newly added) has over 15 years of experience founding and managing natural resource companies. Most recently he served as President and CEO of Allana Potash Corp., a potash development company that was sold to Israel Chemical Ltd. for $170M in 2015. He was also the Executive Chairman of Rodinia Lithium, a company developing lithium brine assets in Argentina.

Stevenson was raised in Terrace, B.C. and received his Bachelor of Commerce from the University of Victoria. In addition to extensive experience in the mining space, he has over 15 years experience financing public companies.

Soaring prices and soaring demand are key factors driving Millennial Lithium’s success. And another cause for optimism is the company’s position at the forefront of the mining/energy revolution that’s paving the way for a hi-tech, low-carbon future.

“We position ourselves as a tech company a lot of the time,” says Stevenson. “We provide the raw materials to make all your tech work: your cell phone, your laptop, all those other devices.”

That message resonates with investors.

“Once you start talking about electric cars, they get the concept and they can see where the demand is coming from, and they’re receptive,” says Stevenson.

The high demand and high price has a lot of investors looking at lithium. But Stevenson says investors should be cautious and do their research.

“There’s a lot of lithium companies out there that don’t have a lot of lithium,” he says.

“We’ve got real projects, real technical staff and a full operation in Argentina. We’re one of the real deals. There are a lot of deals out there that can’t say the same.”

So with their flagship project Pastos Grandes gearing up for production, and both the price and demand for lithium hitting record highs, it’s pretty easy to see why Stevenson is excited about the potential for his company to be one of the big winners in the White Gold Rush.

Source: http://www.bnn.ca/millennials-use-of-technology-is-driving-lithium-demand-1.813167

FEATURE: 7km’s of Gold Vault Strike Between 3 Gold Producers $OPW.ca

Posted by AGORACOM-JC at 11:08 AM on Friday, July 28th, 2017

Opw

WHY OPAWICA?

  • 7km’s of gold vault strike between 3 gold producers
  • In one of the largest gold producing regions in Canada
  • Adjoining to Ridgemont, Granada and Kinross Gold Producing Mines in Rouyn-Noranda Quebec
  • Bazooka properties cover 7 kilometres of the prolific CLLB
  • Cadilac-lardner lake fault system has produced Over 200M oz of GOLD

BAZOOKA EAST GOLD PROPERTY ‐ QUEBEC

FACT SHEET

CORPORATE PRESENTATION

12 MONTH STOCK CHART

Tartisan Resources Corp. to Advance Exploration of the Don Pancho Lead- Zinc-Silver Property in Peru $TTC.ca

Posted by AGORACOM-JC at 3:15 PM on Thursday, July 27th, 2017

 

Tartisan logo copy

  • Contracted GEADES Consulting SAC “GEADES”, a company specializing in Social and Environmental Studies to prepare all documents necessary to complete an environmental impact assessment report on the 100% owned Don Pancho property

Toronto, Ontario – Tartisan Resources Corp. (CSE: TTC) (“Tartisan”, or the “Company”) is pleased to announce that they have contracted GEADES Consulting SAC “GEADES”, a company specializing in Social and Environmental Studies to prepare all documents necessary to complete an environmental impact assessment (DIA) report on the 100% owned Don Pancho property. The company will submit the DIA Report to the Ministry of Energy and Mines in Peru in order to obtain a drill permit. The Company will initially apply for a permit allowing for the construction of up to 20 drill pads and an exploration adit of up to 50 metres.

As previously reported in the company’s press release dated March 30, 2017, the mineralization at Don Pancho is hosted in an extensive north-northwest-south-southeast-trending breccia zone measuring over 800 metres in length and 150 to 200 metres in width. The previous operator drilled six diamond drill holes in 2014 totaling 2,021 metres. The results show that several Pb-Zn-Ag intervals were intersected including 40 metres of 0.88 per cent Zn, 0.40 per cent Pb and 7.7 grams per tonne Ag, 22.65 metres of 1.00 per cent Zn, 0.26 per cent Pb, and 6.85 g/t Ag and 1.15 metres of 4.38 per cent Zn, 3.25 per cent Pb and 61.1 g/t Ag. Underground sampling before the previous operators returned 106 g/t Ag, 3.26 per cent Pb and 17.56 per cent Zn over 2.00 metres. The attached table lists the significant drill intersections. Please note that the true width of the mineralization both on the surface and underground workings cannot yet be determined as the controls of the mineralization are yet to be fully understood.

 

Hole # From (m) To (m) Interval m Zn % Pb % Ag g/t
DP14-01 20.00 40.20 20.20 0.50 0.28 8.03
54.25 76.80 22.65 1.00 0.26 6.85
includes 62.70 66.00 3.30 2.85 0.70 22.56
83.00 98.00 15.00 0.26 0.12 3.30
134.90 139.30 4.40 0.43 0.19 7.73
236.30 240.20 3.90 0.86 0.34 11.38
DP14-02 3.95 15.30 11.35 0.50 0.15 5.40
44.80 50.60 5.80 0.41 0.26 5.26
75.50 90.80 15.30 0.93 0.57 10.11
284.95 289.60 4.65 1.24 1.39 24.66
includes 284.95 286.10 1.15 4.38 3.25 61.10
DP14-03 13.80 35.65 21.85 0.51 0.08 0.77
142.70 144.95 2.25 0.52 1.90 26.66
157.00 183.80 26.80 0.03 0.73 12.36
268.40 272.70 4.30 0.44 0.36 10.90
DP14-04 22.90 37.90 15.00 0.80 0.19 3.55
64.00 65.50 1.50 0.73 1.19 21.10
108.80 129.60 20.80 0.53 0.16 2.76
DP14-05 32.45 41.20 8.75 0.45 0.25 5.99
160.50 170.20 9.70 0.33 0.14 6.12
DP14-06 55.10 84.30 29.20 0.74 0.51 10.25
84.30 88.80 no samples
88.80 99.60 10.80 1.28 0.10 0.86

All six holes were drilled with azimuths between 230 degrees and 240 degrees with various inclinations. Drill holes 1 through 5 were drilled at the southern end of an extensive brecciated zone where as drill hole 6 was drilled approximately 600 metres north of the southern drill holes. Only a very small area was drill tested and after field review of the exploration results shows that the direction of the drilling was perpendicular to the fold axis of the local and regional stratigraphy. The Company and its geologists believe this was not the most optimal direction for drilling. The stratigraphy is tightly folded in the project area, and regional north-northeast-south-southwest compression will result in en echelon openings, cross cutting stratigraphy. Structural analysis on the geology in this area suggests that the drilling more likely have been drilled sub-parallel to any potential mineralized zones. The previous owner reinterpreted the structural controls on the mineralization and is confident that the previous operator did not understand the geological model. The Company will use this structural analysis to define and locate new drill targets. A new drilling direction will be applied.

The Don Pancho project is located in a prolific polymetallic mineral belt in central Peru.  Management recently visited the area and was impressed by the availability of power and water. Trevali Mining Corp.’s Santander lead-zinc-silver mine is located nine kilometres to the east of the project. The world-class Iscaycruz and Yauliyacu polymetallic mines operated by Glencore-Xstrata PLC are located 50 kilometres to the north-northwest of the project. Buenaventura’s silver-lead-zinc Uchucchacua mine is located 63 kilometres north of the project. Tinka Resources new Zn discovery on their Ayawilca Project is located 80 kilometers to the north and is hosted in similar geology as Don Pancho.

Mark Appleby the CEO of Tartisan states “The Company is excited to start a new phase of exploration targeting Pb-Zn-Ag mineralization along this extensive altered brecciated zone. Besides being located in a prolific polymetallic belt, having a better understanding of the structural controls for locating new mineralized zones and the recent renewed interest in zinc, the Don Pancho Property is a great opportunity for our the company”.

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 73,012,443 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 ([email protected]). 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/Tartisan07272017.pdf

Source: Tartisan Resources Corp. (CSE:TTC)

New Age Metals Commences 15,000 ft Drill Program at River Valley – Largest Underveloped PGM Project in Canada $PGM.ca

Posted by AGORACOM-JC at 9:53 AM on Tuesday, July 18th, 2017

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  • Abitibi Geophysics has completed the surface IP geophysical program and borehole geophysics
  • Drilling will focus on follow-up drilling to further test the continuation of the Pine Zone
  • Further drilling will drill test the geophysical interpretation of Abitibi Geophysics
  • River Valley is the Largest Undeveloped Primary PGM resource in Canada, with 2.5 Moz PGM, in Measured Plus Indicated mineral resources and near-surface mineralization covering over 16kms of strike

Vancouver, Canada / July 18, 2017 – New Age Metals Inc. (TSX.V: NAM; OTCQB: PAWEF; FSE: P7J.F) is pleased to announce that the 2017 Drill Program has commenced on the Pine Zone at the River Valley PGM Project approximately 100km’s from Sudbury, Ontario. The Induced Polarization (IP) geophysical survey and borehole geophysics has been completed by Abitibi Geophysics and a final report will be generated. The Company will focus the exploration on drill testing the previous PGM mineralization in the Pine Zone and the recommendations from the geophysical interpretation report.

The Pine Zone is one of numerous prospective PGM zones (Figure 1) within the district-scale River Valley PGM Project and was recently drilled in the fall of 2016 (press release December 13, 2016). The 2016 drill program confirmed the higher-grade, near-surface PGM discovery made in the 2015 drill program (press release March 11, 2015) and highlighted the continuity of the mineralization for 200 metres along strike and 100-200 metres depth at the Pine Zone. The Pine Zone remains open along strike and at depth.

The surface geophysical survey was designed to test the eastward and southward extension of the Pine Zone as well as the adjacent Dana North Zone (Figure 2). The extension of the IP survey is designed to test the depth potential of the Banshee Zone. The survey will aid in the generation of new targets for follow up drill testing. The diamond drill crew is currently onsite and will begin drilling to test the on strike and depth extensions of the Pine Zone as a continuation of the 2016 drilling (press release December 13, 2016).Approximately 15,000ft of drilling is planned in this program.

Abitibi Geophysics will generate a final report and interpretation of the IP Geophysical Survey. This report will recommend additional drill targets. These targets will be on the Pine and Banshee Zones. Approximately 2 km of untested potential for discovery of additional mineralization presently exists along strike between the current drilled extent of the Pine Zone and the underexplored Pardo Zone to the northwest (Figure 2).


Click Image To View Full Size

Figure 1. Location of NAM’s 100% owned River Valley PGM Project.

This present exploration activity of drilling and geophysics is geared to establish the resource base for a Preliminary Economic Assessment (PEA) Report which the company plans to initialize in the near future.

 


Click Image To View Full Size

Figure 2. Property scale geological map showing the location of the Pine Zone discovery relative to the Dana North Zone immediately to the west and the Pardo Zone 2 km to the northeast. Note the apparent dextral sense of offset of the River Valley PGM deposit (red) across the Grenville Front Tectonic Zone.

To date an approximate 612 holes (136,574 metres) have been conducted by the company and its past joint venture partners to test the PGM mineralization extents of the River Valley Intrusion. As well, several 43-101 complaint resource estimates have been generated. The River Valley Deposit is the Largest Undeveloped Primary PGM resource in Canada, with 2.5M oz PGM, in Measured Plus Indicated mineral resources and near-surface mineralization covering over 16kms of continuous strike length.

The Company will continue to update investors as the drill results are received.

ABOUT NAM’S PGM DIVISION

NAM’s flagship project is its 100% owned River Valley PGM Project (NAM Website – River Valley Project) in the Sudbury Mining District of Northern Ontario (100 km east of Sudbury, Ontario). Presently the River Valley Project is Canada’s largest primary undeveloped PGM deposit with Measured + Indicated resources of 91 million tonnes @ 0.58 g/t* Palladium, 0.22 g/t Platinum, 0.04 g/t Gold, at a cut-off grade of 0.8 g/t for a PdEq of 2,463,000 ounces PGM plus Gold. The River Valley PGM-Copper-Nickel Sulphide mineralized zones remain open to expansion, and geophysics currently completed and drilling to commence mid July 2017 as part of our ongoing continued exploration.

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

ABOUT NAM’S LITHIUM DIVISION

The Company has several Hard Rock Lithium Projects in the Winnipeg River Pegmatite Field, located in SE Manitoba. This Pegmatite Field hosts the world class Tanco Pegmatite that has been mined for Tantalum, Cesium and Spodumene (one of the primary Lithium ore minerals) in varying capacities, since 1969. Today, the Tanco Mine is focused on the mining of Pollucite (primary Cesium ore) and the production of Cesium Formate, a completion drilling fluid for the petroleum industry. NAM’s Lithium Projects are strategically situated in this prolific Pegmatite Field. Presently, NAM is the largest mineral claim holder in the Winnipeg River Pegmatite Field and is seeking JV partners to further develop the company’s Li division.

QUALIFIED PERSON

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

On behalf of the Board of Directors

“Harry Barr”

Harry G. Barr

Chairman and CEO

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

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

FEATURE: 7km’s of Gold Vault Strike Between 3 Gold Producers $OPW.ca

Posted by AGORACOM-JC at 4:34 PM on Monday, July 17th, 2017

Opw

WHY OPAWICA?

  • 7km’s of gold vault strike between 3 gold producers
  • In one of the largest gold producing regions in Canada
  • Adjoining to Ridgemont, Granada and Kinross Gold Producing Mines in Rouyn-Noranda Quebec
  • Bazooka properties cover 7 kilometres of the prolific CLLB
  • Cadilac-lardner lake fault system has produced Over 200M oz of GOLD

BAZOOKA EAST GOLD PROPERTY ‐ QUEBEC

Phase I drilling program consisted of five holes totalling 2,172 metres of drilling.

  • Hole 01 intersected a wide zone of gold mineralization approximately 185 metres east of a Lake Shore Gold Corp. (“LSG”) hole drilled in 2004 (BA-03-02A), which returned several narrow high grade gold intercepts with visible gold along with intermittent anomalous gold values.
  • In addition, drilling completed in 2011 by RT Minerals Corp. (“RTM”) intersected this favourable horizon (zone) about 50 metres east of current Opawica drilling. This historic hole intersected 17 metres of core length at 7.86 g/t Au (RTM June 21, 2011 press release).
  • With the 54.8 metre wide zone intersected in current drilling a further review of the historic LSG hole has resulted in the restating of the LSG hole at 1.68 g/t Au (uncut) (including 17 metres at 3.59 g/t Au) and 0.95 g/t (cut to 31 g/t Au) over 48 metres. The current Opawica hole and the historic LSG hole both contained fuchsite and arsenopyrite and are in close proximity to the Cadillac Larder Lake Break (“CLLB”).
  • Hole 02 in the current program intersected highly anomalous gold values (0.17 g/t Au) over the same zone for 39.9 metres. Hole 03 also intersected the same zone returning anomalous gold values (0.12 g/t Au) over 20.5 metres. Hole 04 also hit the same zone returning anomalous gold values and Hole 05 intersected the zone over a width of 65.5 metres containing highly anomalous gold values (0.24 g/t Au).

All of the above current and historic intervals are estimated at approximately 85% to 95% true widths. Assaying was completed by Swastika Laboratories Ltd. of Kirkland Lake, Ontario.An NI 43-101 technical report on the Bazooka property dated March 20, 2016

HISTORICAL RESULTS

BAZOOKA PROPERTY – EAST BOUNDARY

MCWATTERS GOLD PROPERTY

  • Bazooka and McWatters gold properties are located near Rouyn Noranda, Quebec, and are situated along the prolific Cadillac
    -Larder Lake Break (“CLLB”)
  • Company owns 100% interest in the Bazooka & McWatters properties Adjacent Bazooka and Bazooka West properties extend the Company’s strike length along the CLLB to approximately 7 km.
  • Kinross has signed a CDN $60 million definitive option agreementto purchase 100% of the adjacent Yorbeau Resources Inc. Rouyn Property (see Yorbeaupress release of October 25, 2016).

FACT SHEET

CORPORATE PRESENTATION

12 MONTH STOCK CHART

Excavator Program Exposes Vein over 160 Meters Multiple Showings of Visible Gold on the Gold Drop Property Historic Gold Camp Greenwood BC $GGX.ca

Posted by AGORACOM-JC at 10:32 AM on Tuesday, July 4th, 2017

  • Excavator Program Exposes Vein over 160 Meters Multiple Showings of Visible Gold
  • Trenching program has now doubled the size of exposed Vein from 80 meters as reported in the June 15th News Release to 160 Meters and it appears to continue along strike

Vancouver, British Columbia (FSCwire)GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) is pleased to announce its excavator trenching program has now doubled the size of exposed Vein from 80 meters as reported in the June 15th News Release to 160 Meters and it appears to continue along strike. The vein is located in the Gold Drop Southwest Zone. As well the company is continuing to channel sample the newly exposed area. The company plans to begin a drilling program shortly and has spotted the first 15 holes along the newly exposed Vein. Drill pads are being constructed and discussions have been underway with contractors.

 

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

 

The company also would like to report that there have been multiple locations were visible Gold has been spotted in bedrock throughout the property. As such the company is currently in the process of increasing security in various locations in and around the property with Wireless cameras and fencing.

 

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

 

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

 

The Gold Drop 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 (Gold Drop, North Star, Amandy and Roderick Dhu veins).

 

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

June 2017 Trenching at Gold Drop Southwest Zone (area of historic C.O.D shaft)

 

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.

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

Posted by AGORACOM-JC at 10:11 AM on Thursday, June 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)

WATCH OUR CORPORATE VIDEO

Check Out Croinor Gold
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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