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GGX Gold Announces Purchase of Proprietary Mobile Processing Plant for Gold Drop Property Historic Gold Mining Camp Greenwood BC $GGX.ca

Posted by AGORACOM-JC at 8:27 AM on Thursday, June 29th, 2017

  • Amended terms of its asset purchase agreement with Munroe Materials Inc. a private Manitoba corporation
  • Assets to be acquired from Munroe include a processing plant, equipment and related assets

GGX Gold Announces Purchase of Proprietary Mobile Processing Plant for Gold Drop Property Historic Gold Mining Camp Greenwood BC

Vancouver, British Columbia (FSCwire) – GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) is pleased to announce amended terms of its asset purchase agreement (the “Amended Agreement”) with Munroe Materials Inc. (“Munroe”), a private Manitoba corporation.

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

Pursuant to the Amended Agreement, Munroe and the Company agreed to reduce the purchase price of the Assets (defined below) from $250,000 to $200,000 and for the remaining $150,000 due ($50,000 paid to date) under the Amended Agreement to be paid by the Company through the issuance of 750,000 common shares at a deemed price of $0.20 per common share.

Assets to be Acquired

The assets to be acquired from Munroe include a processing plant, equipment and related assets (the “Assets”).  The equipment consists of a proprietary mobile ore sampler involving a unique process for onsite collecting, reducing, and concentrating minerals from host rock. This mobile platform enables the miner to perform bulk sample testing directly at the mine site, or on a promising mineralized outcrop. The system can be modulated for speed and can process up to 5 tons of ore per hour. This process curtails the need for a tailings pond as all water is recycled.

GGX intends to use the Assets for exploration on its Gold Drop Property to help in determining the economic potential of multiple quartz veins throughout the property.

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

About Munroe Materials Inc.

Munroe is a private Manitoba company in the business of developing innovative mineral processing plants. Munroe has certain intellectual property related to the processing of ore. GGX and Munroe intend to explore the possibility of patenting this process.

GGX expects to complete the purchase of the Assets on or before the end of July 2017. Further details of the Assets will be provided when GGX completes such purchase. There can be no assurance that the acquisition of the Assets will be completed as proposed or at all.  See the Company’s news release on March 27, 2017 for further details.

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.

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New Age Metals Appoints Mr. Ron Hieber from Advisory to Director $NAM.ca

Posted by AGORACOM-JC at 9:42 AM on Tuesday, June 27th, 2017

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  • Appointed Mr. Ron Hieber from the Advisory Board to the Board of Directors.

June 27th, 2017 / Vancouver, Canada – New Age Metals Inc. (TSX.V: NAM; OTCQB: PAWEF; FSE: P7J.F). The Company is pleased to appoint Mr. Ron Hieber from the Advisory Board to the Board of Directors.

The Chairman and CEO Harry Barr stated; “The Board of Directors and management are very privileged to have Ron Hieber join the Board of Directors from the Advisory Board. His reputation in the PGM and worldwide mining industry is surpassed by few. As you can see from his bio below, Ron is an excellent fit to the Board of Directors of NAM and we look forward to our ongoing relationship with Ron that has extended for over 17 years”.

Mr. Hieber is an Internationally Recognized Expert, in Platinum Group Metals, and was Head of Worldwide Exploration, for Anglo Platinum, the world’s largest Platinum producer. He is a geology graduate of Rhodes University, South Africa, with high school education having been completed in Zimbabwe, in 1968. He began his career with Anglo American Platinum, on the company’s Platinum mines in Rustenburg, followed by service on the mines in other Bushveld Complex areas, becoming Chief Geologist at Rustenburg in 1981.
In 1986, he was appointed to the corporate office as head of all Anglo Platinum’s mining geology and exploration functions, which remained part of his responsibilities until he retired from Anglo Platinum at 58, in 2009. During his service with Anglo, Ron was made a Divisional Director and the Group’s Survey, Ventilation, Rock Engineering and Strategic Planning functions were added to his Geological responsibilities. From the time of his appointment at Corporate, he contributed significantly to the accumulation, retention and management of Anglo Platinum’s mineral rights portfolio, on the Bushveld Complex and Great Dyke, whilst also directing worldwide PGM Exploration Programs for Anglo Platinum, in Australia, China, Canada, Russia and Brazil. This included heading-up the River Valley Option/Joint Venture for Anglo Platinum, from Discovery, in 2000, with Pacific North West Capital, now New Age Metals. At the time he retired, he was a Director of several Anglo Platinum subsidiaries, including Unki Platinum Ltd. (Zimbabwe) and Rustenburg Platinum Mines Ltd. From 2009, Ron worked as Executive Director: Business Development for Kameni Ltd., which had PGM interests, in the Eastern Bushveld and Zimbabwe. After selling its projects, Kameni closed and Mr. Hieber now runs his own company, with interests in South African and Zimbabwean Gold projects.

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.

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.

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HPQ Announces AGM Results, Up Date On Purity Testing And Launches “CEO Verified” Discussion Forum On AGORACOM $HPQ.ca

Posted by AGORACOM-JC at 3:48 PM on Friday, June 23rd, 2017

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  • As a result of review, HPQ and PyroGenesis have now approved a new testing protocol to be used going forward for the Silicon Metal produce by the PUREVAPâ„¢ QRR
  • New testing protocol will first assess the homogeneity of the silicon phase by Scanning Electron Microscope – Energy Dispersive Spectroscopy (SEM-EDS) in back scattering mode before any destructives test are completed

HPQ Silicon Resources Inc (“HPQ”) (TSX Venture: HPQ) is pleased to report that all matters submitted to the shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular, were approved during the Annual General and Special Meeting of the shareholders held on Wednesday June 21, 2017 in Montreal (the “AGM”).

Over 72,619,168 shares representing 42.97% of the 168,987,616 shares issued and outstanding as at the record date were voted.

RESULTS OF THE AGM VOTES

The following persons were re-elected as directors of the Corporation, to hold office until the next Annual Meeting or until their successors are elected or appointed:

With 99.85% of the vote in favor, Raymond Chabot Grant Thornton, LLP, chartered accountants, were appointed auditors of the Corporation for the ensuing year.

Bernard Tourillon, Chairman and CEO of HPQ stated, “We extremely pleased with obtaining 42.97% shareholder participation, up from 42.31% last year. Such a strong vote of confidence for the board and management team, during this transition year bodes very well for the future.”

UPDATE ON ONGOING SILICON METAL PURITY TESTING

On June 2, 2017, PyroGenesis Canada Inc (“PyroGenesis”) submitted to HPQ a Technical Memo entitled “Analysis options for characterization of silicon products for PUREVAPtm”, as mention in our May 16, 2017 PR.

As a result of this review, HPQ and PyroGenesis have now approved a new testing protocol to be used going forward for the Silicon Metal produce by the PUREVAPâ„¢ QRR.  The new testing protocol will first assess the homogeneity of the silicon phase by Scanning Electron Microscope – Energy Dispersive Spectroscopy (SEM-EDS) in back scattering mode before any destructives test are completed.  While the addition of this step increases the time before we get any results above 3N+ purity, this step was deemed critical in assessing sample purity level.

Once these results have been analyzed, the material will be sent to a third-party laboratory for either Glow Discharge Mass Spectrometry (GDMS) testing or Inductively-Coupled-Plasma Mass-Spectrometry (ICP – MS) testing and in some case even both.

Testing for the purity of some of the material produced using lower quality feedstock (test #54 to #74) and some material produced using high Purity Quartz (99.5% SiO2) (Test #75 and above), but still using the old set-up of the PUREVAPâ„¢ QRR,have begun this week.

Bernard J. Tourillon, Chairman and CEO of HPQ Silicon stated, “Building on our success to date, the coming months should allow us to continue to make improvements to our scaling up program, while simultaneously testing for the best and greenest pathway to produce Solar Grade Silicon Metal at lab scale, prior to start-up of the Pilot plant scheduled for 2018.”

LAUNCH OF HPQ SILICON “CEO VERIFIED” DISCUSSION FORUM

AGORACOM has launched “CEO Verified” Discussion Forums, the first ever verification of small cap executive posts on a finance platform, as a superior alternative to general social media sites.  For the first time ever, small cap CEO’s and other company officials can use AGORACOM discussion forums as their main social media platform to post comments and interact with both shareholders and the broader investment community in a fully moderated and verified forum. Posts to AGORACOM are shareable on Twitter, Facebook and LinkedIn so that companies can continue to maintain a presence on key social media sites.

“CEO Verified” Discussion Forums represents an industry first, as small cap CEO’s and officials simply could not communicate with shareholders in any finance community due to lack of verification and the risk of impersonation leading to catastrophic consequences.  AGORACOM “CEO Verified” Discussion Forums will create incredible levels of engagement between companies and investors that have long desired civilized, constructive and factual conversation, with no limitations to character limits and use of multi-media.

The HPQ Silicon CEO Verified Discussion Forum can be found at https://agoracom.com/ir/HPQ-SiliconResources/forums/discussion.  There are no log-in requirements for investors to read posts.  Those wishing to post questions, comments and interact with HPQ Silicon management can quickly log-in using their Facebook or LinkedIn accounts, or create a new user account in under 1-minute.

Verified HPQ Silicon officials will be:

  • Bernard Tourillon – Chairman and CEO
  • Patrick Levasseur – President and COO

Bernard Tourillon stated, “I encourage all of our investors to join our CEO Verified Discussion Forum and create great, vibrant, factual and constructive discussion for the long term benefit of everyone. This is a great concept that will replace our individual conversations with retail investors. This new format creates 100% transparency because all shareholders will see the questions and answers, as well as, making us more efficient by eliminating repetition. As such, it is a far superior format that we will fully embrace.”

About HPQ Silicon

HPQ Silicon Resources Inc is a TSX-V listed junior exploration company planning to become a vertically integrated and diversified High Value Silicon Metal (99.9+% Si), and Solar Grade Silicon Metal (99.999+% Si) producer.

Our business model is focused on developing a disruptive High Purity and Solar Grade Silicon Metal manufacturing process (patent pending) and becoming a vertically – integrated High Value Silicon Metal and Solar Grade Silicon producer that can generate high yield returns and significant free cash flow within a relatively short time line.

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.

 

For further information contact

 

Bernard J. Tourillon, Chairman and CEOTel (514) 907-1011 Patrick Levasseur, President and COOTel: (514) 262-9239 www.HPQSilicon.com

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INTERVIEW: Harry Barr Discusses Canada’s Largest Primary PGM Deposit + Lithium Initiatives $NAM.ca

Posted by AGORACOM-JC at 12:45 PM on Friday, June 23rd, 2017

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INTERVIEW: Missed the AGM? You’re In luck – HPQ Goes Beyond The AGM – June 23, 2017 $HPQ.ca

Posted by AGORACOM-JC at 10:46 AM on Friday, June 23rd, 2017

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Bright Outlook For Gold and The following $AMK.ca $EXS.ca $GGX.ca $GR.ca $MQR.ca $OPW.ca

Posted by AGORACOM-JC at 11:51 AM on Wednesday, June 21st, 2017

Several analysts point out that the outlook for gold and, by association, gold stocks, is bright despite rising US interest rates.

  • Demand in India and China rebounds sharply in recent months
  • Trend towards increased use of scrap gold reverses over past five years
  • Divergence in cash costs between USD and non-USD denominated companies

By Eva Brocklehurst

Gold retains a role as both an investment and defensive asset and analysts believe it will remain an important part of portfolios for both the private sector and central banks. Gold is a store of wealth in unstable times and such times prevail.

ANZ analysts expect increased political uncertainty in the US will support gold in the short term despite higher interest rates. Gold prices are forecast to push past US$1300/oz over the next 12 months and there are positive long-term prospects as well.

In the wake of the US Federal Reserve’s recent increase to its Fed Funds rate, and if the three rate rises in the current cycle are anything to go by, Bell Potter also considers the outlook positive for gold. Typically, rising interest rates are considered negative for gold because of the increased opportunity cost of holding an asset with no yield. As the gold price is appreciating amid rising interest rates in the US this signals to the broker that both inflation and safe-haven trade are key themes in the gold market.

The ANZ analysts do not envisage rising US interest rates as a negative. Gold has rallied in all but one of the past seven rate-hike cycles since the 1970s. Gold has also outperformed when interest rates were increasing relatively slowly. Furthermore, the analysts believe, if the US political situation worsens this year, there is a possibility gold prices will breakthrough US$1300/oz. Safe-haven buying is a strong driver of investor demand and is usually sparked by macro shocks or political instability.

Emerging markets should drive demand for physical gold for some time and China and India are already the world’s largest gold consumers. Demand in India and China has rebounded sharply in recent months and the analysts observe the issues around de-monetisation in India are abating, while there has been a sharp pick up in China’s gold imports, which suggests previous constraints have eased.

Growth in salaries, automobile sales and passenger air travel in India is expected to support the country’s gold market over the next year as India’s gold demands tend to correlate with income growth. Gold holdings are also likely to increase at central banks and most of the future buying is expected from central banks in emerging markets as they move closer to developed world levels.

China is likely to dominate the recovery in the gold price as Asian financial centres open up and the ANZ analysts find no reason why Shanghai should not become a major centre for gold trading, provided the appropriate institution and legal reforms take place. Asia is expected to account for over half of the global economy by 2050.

Supply

On the supply side prices are supported by the fact that gold mines cannot expand rapidly. Gold production has risen by an average of just 0.9% since 1995, year-on-year. Mine supply remains the primary source of gold and the trend towards increasing use of scrap has reversed over the past five years. New gold in total supply rose to over 70% in 2016.

Those countries driving the growth in the primary source of gold are ones best place to do so in the future, the analysts assert. Gold reserves are concentrated, at around 70%, in just 10 countries and Australia and South Africa have the largest unmined reserves. Meanwhile, scrap supply is volatile and the extraction from recycled electronics costly, so scrap gold is heavily influenced by both the price of gold and economic cycles.

As the ASX gold index is now down -3% year-to-date, Bell Potter believes the best performances are being driven by company-specific catalysts among the single-mine producers and successful explorers. The broker observes, while the gold price has not cracked US$1300/oz yet, it has established a pattern of higher lows and higher highs.

With a relatively steady exchange rate the Australian-dollar gold price has followed a similar track. The broker also believes relative outperformance of equities versus gold bullion is an indicator of positive sentiment.

Meanwhile, the costs associated with gold mining have fallen globally by around 15% over the past three years. Most of the reductions have been made in operating or production costs. The biggest cost reductions have been experienced in Australia, the ANZ analysts observe, where total cash costs have declined an average -30% since 2012.

Two factors, exchange rates and oil prices, have helped drive costs down and the analysts estimate around 60% of gold mining costs are based in local currency terms and around 10-12% related to oil prices. Indonesia, South Africa, Australia and Canada appear to have been the biggest beneficiaries in this regard.

Divergence In Cash Costs

Citi has highlighted a divergence between the cash costs of US dollar-denominated and non-US dollar-denominated companies. South African gold producers, in particular, have sustained all-in cash cost hikes of 16% while those of US dollar-denominated companies declined by -2.7%. Citi expects that a strengthening South African rand will continue to put pressure on South African gold stocks as will rising capital and exploration expenditure.

The broker expects costs in the industry to rise this year as years of under-investment unwind, especially if a stable, or higher, gold price prevails. Citi believes consensus expectations do not appropriately reflect the rising costs and maintains a bearish view on the sector, particularly South African gold stocks.

Based on recent changes to the underlying MVIS Junior Gold Miners index and significant changes to the GDXJ methodology in the US, Macquarie expects the main impact will be on North America markets. Yet, key beneficiaries in the Australian context are Newcrest Mining ((NCM)), Evolution Mining ((EVN)), Northern Star ((NST)) and OceanaGold ((OCG)).

These stocks have been are seen returning to the index as the eligibility band is widened. Smaller stocks are expected to suffer as a result of the re-balance. Macquarie believes investors should keep buying quality in good jurisdictions where there are cornerstone assets.
Source: https://www.fnarena.com/index.php/2017/06/19/bright-outlook-for-gold/

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Monarques Gold Strengthens its Technical Team $MQR.ca

Posted by AGORACOM-JC at 8:57 AM on Wednesday, June 21st, 2017

To be the leading explorer and developer of gold properties in the Val D&Or / Abitibi Camp (CNW Group/Monarques Gold Corporation) (CNW Group/Monarques Gold Corporation)

  • Appointment of Elisabeth Tremblay as Senior Geologist – Communications
    and Martin Lacaille Dufresne as Geologist

MONTREAL, June 21, 2017  - MONARQUES GOLD CORPORATION (“Monarques” or the “Corporation”) (TSX-V: MQR) (FRANKFURT: MR7) is pleased to announce that Elisabeth Tremblay, P.Geo., M.Sc., has been appointed to the position of Senior Geologist – Communications, and Martin Lacaille Dufresne, Geo., B.Sc., has been appointed as a geologist for the Corporation.

Ms. Tremblay has over 20 years of experience working as a professional geologist in gold, nickel and base metal exploration throughout Québec and occasionally in Latin America. She was employed by Falconbridge up until 2005, when she began working for junior mining companies such as Boreal Exploration, Everton Resources, Focus Metals and Osisko. Prior to joining Monarques Gold Corporation, she spent six years as Senior Geologist – Communications Specialist at Adventure Gold (now Probe Metals). Ms. Tremblay has a bachelor’s degree in geology from the Université du Québec à Montréal and a master’s degree in earth sciences from the Université du Québec à Chicoutimi. She is a member of the Ordre des géologues du Québec.

Mr. Lacaille Dufresne has over 7 years of professional experience, as a geologist for Quebec’s Ministry of Energy and Natural Resources, Canadian Royalties and Agnico Eagle, and more recently as a supervisor for mineral analysis laboratories. Mr. Lacaille Dufresne has a bachelor’s degree in earth and environmental sciences from the Université du Québec à Montréal and is a member of the Ordre des géologues du Québec.

“With the recent increase in our exploration activities, we decided to strengthen our technical team in order to make faster progress on our exploration projects,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarques. “We are therefore very pleased to welcome Ms. Tremblay and Mr. Lacaille Dufresne to the Monarques team. Their expertise will be a great help for the ongoing drilling program on the Croinor Gold property, as well as for our future exploration efforts. Ms. Tremblay will also oversee the Corporation’s communications activities, which she has done successfully for a number of other mining companies in the past.”

ABOUT MONARQUES GOLD CORPORATION

Monarques Gold is a growing junior gold company focused on becoming the leading explorer and developer of gold properties in the Val-d’Or/Abitibi gold camp in Quebec, Canada. The Corporation currently has approximately 200 km² of gold exploration properties (see map) along the Cadillac Break, as well as its main asset, the Croinor Gold mine, which has great potential to become a producing mine. Monarques Gold is well financed and has close to $9 million in credits from Quebec’s Ministry of Energy and Natural Resources.

(Watch our latest Corporate Video)

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 releasse

SOURCE Monarques Gold Corporation

View original content with multimedia: http://www.newswire.ca/en/releases/archive/June2017/21/c3805.html

Jean-Marc Lacoste, President and CEO, 1-888-994-4465 x 201, [email protected], www.monarquesgold.comCopyright CNW Group 2017

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New Age Metals Appoints an Addition to the Advisory Board $NAM.ca

Posted by AGORACOM-JC at 9:49 AM on Tuesday, June 20th, 2017

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  • Pleased to add Ms. Susan J. Mitchell to the Strategic Advisory Board
  • Chairman and CEO Harry Barr stated; “The Board of Directors and management are fortunate to have Susan J. Mitchell join our Advisory Board. Susan is an internationally recognized investment banker with worldwide experience and knowledge of the mining industry. We look forward to utilizing Susan’s experience to help complete our corporate objectives “.

June 20th, 2017 / Vancouver, Canada – New Age Metals Inc. (TSX.V: NAM; OTCQB: PAWEF; FSE: P7J.F). The Company is pleased to add Ms. Susan J. Mitchell to the Strategic Advisory Board.

The Chairman and CEO Harry Barr stated; “The Board of Directors and management are fortunate to have Susan J. Mitchell join our Advisory Board. Susan is an internationally recognized investment banker with worldwide experience and knowledge of the mining industry. We look forward to utilizing Susan’s experience to help complete our corporate objectives “.

Susan Mitchell, BA, MIM and FINRA qualified Series 79 and 63, brings proven business acumen as an investment banker with a principal’s perspective as well as her structured approach to building businesses and relationships. She built these qualities as a senior investment banker in two global financial institutions, in treasury of a Fortune 400 mining company and at her own corporate finance advisory firm, S. Mitchell & Associates, LLC, over several decades. Her specialized expertise is in natural resource development globally, having customized project financings for developments in the Americas, Africa and Asia. Her international presence in the minerals, oil and gas and clean energy sectors includes financing, strategic partnerships, mergers & acquisitions and restructuring while working in locales as diverse as Argentina, Australia, Brazil, Canada, Chile, China, England, France, Tanzania and the US.

Ms. Mitchell’s innovative style and creative problem-solving approach enabled her to advance in the corporate world from Manager at CIBC in Toronto, to Director, Financial Risk Management at Cyprus Amax Minerals and then Managing Director at Westdeutsche Landesbank, Global Structured Finance in New York. She has always supplemented her corporate life with voluntary leadership roles at professional organizations such as Steering Committee of Professional Risk Managers International Association and Board Member, McGill Alumnae Association, New York. During this time, she also taught Enterprise Risk Management at New York University.

Born in Bronxville, New York, she earned her Undergraduate Degree in International Economics and Finance from McGill University and her Masters Degree at Thunderbird American Graduate School of International Management. She is a citizen of US, U.K. and Canada and is fluent in English and French, with a working knowledge of Italian and Spanish.

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 NW 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.

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.

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Durango Reviews Rare Earth Potential $DGO.ca

Posted by AGORACOM-JC at 9:06 AM on Tuesday, June 20th, 2017

Logo

  • Has been offered to purchase certain prospective rare earth projects
  • consisting of cerium, hafnium, lanthanum, scandium, yttrium and zirconium

Vancouver, BC / June 20, 2017 – Durango Resources Inc. (TSX.V-DGO) (Frankfurt-86A1) (OTC-ATOXF), (the “Company” or “Durango”) announces that it has been offered to purchase certain prospective rare earth projects consisting of cerium, hafnium, lanthanum, scandium, yttrium and zirconium.

On June 17th, 2017, Fox News published an article titled “Trump Energy Dept. Seeks to Mine Elements Monopolized By China” http://insider.foxnews.com/2017/06/17/donald-trump-coal-mining-rare-earth-elements-comes-china-appalachia. The article states how rare earth elements are “crucial for production of electronics, military equipment and some medications” and how the “Energy Department says it will invest nearly $7 million into researching ways to mine and produce these elements”.

Additionally, on June 18th, 2017, The Wall Street Journal published an article called “Commerce Secretary Wilbur Ross Talks Trade” https://www.wsj.com/articles/commerce-secretary-wilbur-ross-talks-trade-1497838380 which stated, “China is a very big supplier of rare earths, which are quite essential to many electronic products. They drove everybody in this country out of business by dumping, dumping, dumping, dumping. And guess what happened once they did? Prices suddenly went way up.”

Marcy Kiesman stated, “To remain relevant and positioned for discovery, management has forwarded the prospective properties to Durango’s Board of Directors and geological team for review and will provide an update as soon as it becomes available.”

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner’s Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and the NMX East lithium property near the Whabouchi mine and the Buckshot graphite property near the Miller Mine in Quebec, the Whitney Northwest property near the Lake Shore Gold and Goldcorp joint venture in Ontario.

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

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900 or 604.339.2243

Facsimile: 888.266.3983

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

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

 

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FEATURE: (NAM: TSX-V) Among North America’s Leaders in PGM & Lithium Exploration $NAM.ca

Posted by AGORACOM-JC at 11:20 AM on Friday, June 16th, 2017

New age large

(NAM:TSXV)

Two Divisions: PGM and Lithium

New Age Metals belongs to the International Metals Group. Here are our other great companies.

  • PGM Division: focus on Development of the 100% owned River Valley PGM Project. Canada’s Largest Undeveloped Primary PGM Resource, with 2.5 Moz PGM, in Measured plus Indicated mineral resources.
  • Lithium Canada: formed April 2016, with a focus on Exploration of Hard Rock Lithium, in Manitoba, Canada and Lithium Brine in Nevada. The company uses the Prospector Generator Model.

River Valley PGM Project

Largest Undeveloped Primary PGM Deposit in Canada

River Valley PGM Project is located 100 km east of Sudbury, Ontario

  • Sudbury hosts 1 of the Top 4 Nickel, Copper & PGM Mining & Processing Facilities , in the World
  • Skilled Workforce, Established Mining Culture; Safe, Stable Pro-Mining Jurisdiction
  • Excellent Road Access to River Valley Property; Rail and Power Nearby
  • $30M Invested in Exploration, Large High-Confidence Resource, Favourable Metallurgy

Mineral Resources – Project has had Five, 43-101 Reports

  • May 2012 Measured Resources: 26 Mt @ 1.4 g/t Palladium equivalent at cut-off grade ≥0.8 g/t Palladium equivalent for 0.7 Moz PGM plus Gold.
  • May 2012 Indicated Resources: 66 Mt @ 1.4 g/t Palladium equivalent at cut-off grade ≥0.8 g/t Palladium equivalent for 1.7 Moz PGM plus Gold.
  • May 2012 Measured + Indicated Resources: 91 Mt @ 1.4 g/t Palladium equivalent at cut-off grade ≥0.8 g/t Palladium equivalent for 2.4 Moz PGM plus Gold
  • May 2012 Inferred Resources: 36 Mt @ 1.1 g/t Palladium equivalent at cut-off grade of 0.8 g/t Palladium equivalent for 0.6 Moz PGM plus Gold
  • (see http://newagemetals.com/ for Details and Notes on the Resource Estimate)
  • Mineral Resources covered by Mining Leases (21-year Renewable Term)
  • Concentrate Grades: 16% Cu, 189 gpt PGM; Recoveries: 84% Cu, 69% PGM;
  • No Deleterious Metals or Minerals

NAM Announces Acquisition of the River Valley PGM Extension Project from Mustang MineralsCorp.

  • Strike Length of NAM’s River Valley Deposit Increased from 12 km to 16 km
  • Mustang’s surface grab samples returned Assays of up to 10 g/t PGM
  • Drilling Highlights Include:
  • 1.4 g/t PGM/9.0m in MR02-59 from 35m downhole
  • 4.0 g/t PGM/2.1m in MR02-62 from 153.7m downhole
  • 2.2 g/t PGM/4.5m in MR02-64 from 60.5m downhole
  • PGM mineralization is Open at Depth and footwall potential remains untested
  • T2-like Targets identified from Favourable Geological and Geophysical Surveys
  • Targets under evaluation for drill testing
  • The Tanco Mine was one of North America’s only
  • producers of Tantalum, Cesium and Lithium minerals (Spodumene), with the mine opening in 1969. Owned by the Cabot Corporation as of 1993
  • Presently the Tanco Mine produces Cesium Formate, a completion fluid for the petroleum industry.
  • At the end of 1992 (last published historic mineral inventory) was 1.075 Mt of 0.12% Ta2O5, 3.5 Mt of 2.7% LiO2 and 315,000 t of 23.3% Cs2O

Clayton Valley Forks Lithium Brine Project, Clayton Valley, Nevada
Silver Peak

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