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Explor Expands PG-101 Gold Property $EXS.ca

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

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

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

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

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

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

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

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

About Explor Resources Inc.

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

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

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

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

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

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

This document may contain forward-looking statements relating to Explor’s operations or to the environment in which it operates. Such statements are based on operations, estimates, forecasts and projections. They are not guarantees of future performance and involve risks and uncertainties that are difficult to predict and may be beyond Explor’s control. A number of important factors could cause actual outcomes and results to differ materially from those expressed in forward-looking statements, including those set forth in other public filling. In addition, such statements relate to the date on which they are made. Consequently, undue reliance should not be placed on such forward-looking statements. Explor disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, save and except as may be required by applicable securities laws.

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

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

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

Christian Dupont, President
888-997-4630 or 819-797-4630
819-797-1870
www.explorresources.com
[email protected]

Tags: #mining, #smallcapstocks, $TSXV, CSE, Teck Resources (tck.b: tsx)
Posted in Explor Resources Inc. | Comments Off on Explor Expands PG-101 Gold Property $EXS.ca

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

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

Tags: #mining, #smallcapstocks, $TSXV, High Purity Quartz, high purity silcon
Posted in AGORACOM Via Satellite, Featured, HPQ-Silicon Resources Inc. | Comments Off on INTERVIEW: HPQ Discusses New Scaling Up Milestones; 62% Increase in Impurity Removal Using Low Purity Feedstock; 531% Conversion Yield Increase $HPQ.ca

HPQ Silicon Signs Option Agreement with Golden Hope Mines on the Bellechasse-Timmins Gold Deposit

Posted by AGORACOM-JC at 9:00 AM on Tuesday, May 23rd, 2017

Signed an option agreement with Golden Hope Mines (“GNH”) in relation to the advancement of the Bellechasse-Timmins gold deposit located in St-Magloire in the Beauce region of southeastern Quebec

MONTREAL, QUEBEC–(May 23, 2017) – HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ) (FRANKFURT:UGE) (OTC PINK:URAGF)Â is pleased to announce that it has signed an option agreement with Golden Hope Mines (“GNH”) in relation to the advancement of the Bellechasse-Timmins gold deposit located in St-Magloire in the Beauce region of southeastern Quebec.

On March 24, 2017 HPQ announced the signing of a MOU with Golden Hope Mines leading to a new option agreement between the two companies. This new option agreement ends the legal dispute between the two companies and establishes a new agreement for the advancement of the Bellechasse-Timmins gold deposit into a producing mine.

Patrick Levasseur, President and COO of HPQ Silicon stated, “I look forward to working with Golden Hope Mines to advance the B-T gold deposit.Â It’s exciting to have this opportunity to develop the potential of the B-T property while also advancing HPQ’s Beauce Gold property both of which are located in the Bellechase Gold Belt.”

Frank Candido, President, Director of Golden Hope Mines Limited “We are extremely pleased to be moving forward with HPQ and their team on the terms of this new option agreement. We believe that this new option agreement will benefit both companies and especially our shareholders.Â We expect to update our shareholders of all advancements and progress as it unfolds.”

KEY POINTS OF THE NEW OPTION AGREEMENT

1. The New Agreement provides HPQ with an option to earn a 30% undivided interest in the B-T Deposit by completing, at its cost, a list of actions specified milestones and time deadlines in the New Option Agreement.

2. The New Option Agreement provides HPQ with a further option to earn an additional 20% undivided interest in the Deposit (total 50%), following the completion of all specified actions, by securing the required financing to fully fund the commercial production of the Deposit in accordance with an Economic Assessment.

3. HPQ will subscribe to a private placement financing of GNH in the amount of $150,000 at a minimum price of $0.20 cents per share within 45 days of this announcement subject to all regulatory approvals.

4. An assignment of HPQ’s rights and obligations under the New Agreement to HPQ’s wholly-owned subsidiary Beauce Goldfields (BGF) may take place upon completion of certain conditions stipulated in the New Agreement.

5. In the event that HPQ does assign its rights and obligations under the New Agreement to BGF, GNH shall receive $50,000 in shares of BGF, subject to required approvals.

A Preliminary Economic Assessment and a Feasibility Study has not been completed and there is no certainty the proposed operation will be economically viable or mineable.

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.

About Beauce Gold PropertyÂ

The Beauce Gold project is a unique, historically prolific gold field located in the municipality of Saint-Simon-les-Mines in the Beauce region of Southern Quebec. Comprising of a block of 145 claims 100 per cent owned by HPQ, the project area hosts a six-kilometre-long unconsolidated gold-bearing sedimentary unit (a lower saprolite and an upper brown diamictite). The gold in saprolite indicates a close proximity to a bedrock source of gold, providing possible further exploration discoveries.

Beauce Gold Property highlights (Beauce Technical 43-101 Report January 2015)

Certificate of authorizations (CA) allowing the start of first phase mining activities on the Rang Chaussegros sector of the Beauce gold project;
Polygonally calculated gold exploration target for the entire historical placer channel ranging between 61,000 ounces (2.2 million cubic metres at 0.87 gram of gold per cubic metre) and 366,000 ounces (2.2 million cubic metres at 5.22 grams of gold per cubic metre); Potential quantity and grade is conceptual in nature, that there has been insufficient exploration to define a mineral resource and that it is uncertain if further exploration will result in the target being delineated as a mineral resource
Significant potential for further exploration discoveries; geology suggest a proximate bedrock source of gold;
176 acres of real estate 100 per cent owned by HPQ;
The property once held four historical gold mining operations;
The property produced the largest gold nuggets in Canadian mining history (St-Onge nugget, 43 ounces; McDonald nugget, 45 ounces; Kilgour nugget, 51 ounces). Source: W. Chapamn 1881 Gold Mines of Beauce, F. Drouin 2003 Les Mines D’Or En Beauce

Disclaimers:

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

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

Shares outstanding: 168,987,616

Bernard J. Tourillon
Chairman and CEO
(514) 907-1011

Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com

Tags: #mining, #smallcapstocks, $TSXV, CSE
Posted in HPQ-Silicon Resources Inc. | Comments Off on HPQ Silicon Signs Option Agreement with Golden Hope Mines on the Bellechasse-Timmins Gold Deposit

FEATURE: Grizzly (GZD-TSX-V) – More than 9M oz of gold produced or as resources nearby $GZD.ca

Posted by AGORACOM-JC at 11:52 AM on Wednesday, May 17th, 2017

Gzdnew

WHY GRIZZLY DISCOVERIES?

World class gold and base metal deposits in British Columbia; and diamonds in Alberta.
More than 9 million oz Au produced or as resources in a radius of less than 70KM to Greenwood project
Holds, or has an interest in, metallic and industrial mineral permits for potash totalling more than 364,000 acres along the Alberta-Saskatchewan border
Four precious-base metal properties in British Columbia totalling over 235,000 acres. Grizzly also currently holds more than 231,000 acres in diamond properties, which host diamondiferous kimberlites in the Buffalo Head Hills and Birch Mountains of Alberta
Portions of Grizzly’s Greenwood Project being explored by Kinross throughÂ option agreement

EXPLORATION HIGHLIGHTS

Drillholes with up to 31.1% K2O results from assays on recent Grizzly drill program
Historic Unity Potash Mine 45 km east of existing GZD lands
Agrium Vanscory Potash Mine 200 km east of GZD lands
Significant Potash in drill core or indicated by gamma logs at depths ranging from 1,060m to 1,675m
Temperatures at those depths range from about 50oC to 75oC. Optimal temperature for solution mining is approximately 75oC.

POTASH DEMAND AND GROWTH

According to industry estimates, Canada has Potash resources of 7.3 billion tonnes â€“ roughly 52% of the worldâ€™s supply.
Currently 11 mines in Saskatchewan produce the majority of Canadaâ€™s 35% contribution to the worldâ€™s annual production.
The arable land per person in the world is declining, and weather patterns are becoming more volatile and extreme, fuelling demand for Potash which increases the yield per acre approximately 40%.

BC PRECIOUS METALS

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. Under the terms of a September 2015 agreement, KG Exploration (Canada) Inc. can earn a 75% interest on the optioned land pursuant to an Option Agreement with Grizzly on portions of its land holdings in southeastern British Columbia by incurring US$3 million in exploration expenditures over a 5 year period. By the second anniversary of the agreement, 750 metres of diamond drilling must be completed along with US$750,000 in expenditures by September 23, 2017.

Â ALBERTA DIAMONDS

Following 12 drill holes, 3 new diamond bearing kimberlites were discovered in 2008 at the Buffalo Head Hills property.
Grizzly has more than 200,000 acres surrounding Diamondex & Shore Gold in the Buffalo Head Hills.
Two kimberlite pipes look very promising and need bulk sampling which is being planned for future dates due to Grizzly’s current potash focus.
Land rights are valid for 2 to 5 years based on existing development work done on properties by Grizzly.

Buffalo Head Hills Diamond Property, Alberta
A Renewed Interest in diamonds

Renewed interest in diamond exploration during 2015 and 2016 has prompted re-evaluation of Grizzly’s Buffalo Head Hills Diamond Project in north-central Alberta, which is located approximately 330 kilometres northwest of Edmonton and is easily accessed during summer and winter by a large network of roads and cutlines. Based upon an internal review of all data, the Company has staked additional permits of highly prospective lands for diamond-bearing kimberlites in the Buffalo Head Hills area. Grizzly’s total land position includes 11 permits that encompass approximately 220,000 acres.

Check Out Our Recent Fact Sheet

12 MONTH STOCK CHART

Tags: #mining, #smallcapstocks, $TSXV, CSE, gold, potash
Posted in AGORACOM Client Feature, All Recent Posts, Grizzly Discoveries (GZD: TSX-V) | Comments Off on FEATURE: Grizzly (GZD-TSX-V) – More than 9M oz of gold produced or as resources nearby $GZD.ca

New Age Metals Delineates 3rd Lithium Project To Drill Stage On Its Lithman West Project In Southeast Manitoba $NAM.ca

Posted by AGORACOM-JC at 9:54 AM on Tuesday, May 16th, 2017

Project situated in the Winnipeg River-Cat Lake Pegmatite Field, west of the world-class Tanco Pegmatite
Numerous Lithium-bearing minerals known to exist in the region
Compilation work of historic assessment work reveals numerous untested rock and soil geochemical anomalies on the Lithman West Project
New Age Metals is looking for JV partners for its Lithium division.

Vancouver, Canada / May 16, 2017 – New Age Metals (“NAM”, the “Company”) (TSX.V: NAM; Frankfurt: P7J.F; OTCQX: PAWEF) is pleased to provide an exploration update on the Lithman West Project in Southeast Manitoba. The project is held under NAM’s 100% owned subsidiary, Lithium Canada Development Inc.

While compiling the historic geological data for the project areas, several untested geochemical targets were identified. None of the historic work has been verified with a NI-43-101, and therefore is considered non-compliant. The mineral claims were previously held by the Tantalum Mining Corporation of Canada (Tanco), which carried out rock and soil geochemistry in 1977 and between 1999 and 2007. Soil and rock samples were collected at 25 metre intervals on grid-lines 100 metres apart. Most of the historic work focused on the northern portion of the Lithman West Project area, with soil geochemistry completed over most of the project area. Soil samples were analyzed using the Enzyme Leach technique at Activation Laboratory. The lithogeochemistry targets are identified based on enrichment of Lithium, Rubidium and Cesium in host rocks. When pegmatites are emplaced, metasomatic fluids enrich the host country rocks in Lithium, Rubidium and Cesium. The metasomatic enrichment of the host rocks in the case of Lithium can occur up to 100 metres away from the pegmatites, whereas Rubidium and Cesium have smaller metasomatic aureoles. Using the three elements (Li+Rb+Cs) in conjunction and statistically determining background based on rock type, the identification of anomalous and highly anomalous rock types can be used to generate the lithogeochemical targets. This was Tanco’s procedure with regards to lithogeochemistry and all their historical exploration data are available in assessment files at the Manitoba Mines Branch.

All lithogeochemical anomalies (see Figure 1) appear to be oriented East-West, which is the general orientation of other lithium-bearing pegmatites in the Winnipeg River-Cat Lake

Pegmatite Field. Six Li+Rb+Cs lithogeochemical anomalies are recognized from compilation of historical assessment files on the Lithman West Project. Lithogeochemistry has only been carried out on the northern portion of the project area by previous explorers. Four of the lithogeochemical anomaly targets have been defined to be approximately 150 metres to 200 metres long and 25 metres to 50 metres wide. These targets appear not to have been drill tested. The two largest of the lithogeochemical anomalies is the Krista’s Pond Anomaly and Bernes Bay Anomaly (Figure 2). The Krista’s Pond Anomaly is tear-drop shaped and approximately 1200 metres long and 150 metres maximum width. This anomaly has not been drill tested, even though it appears to be a moderate to strong lithogeochemical target. The Bernes Bay anomaly on the project area is approximately 1000 metres long by 1500 metres wide. Previous work indicates that this anomaly extends eastward to the westernmost bay of Bernic Lake. This anomaly was considered to be a high priority target in 1977 and was tested with three shallow drill holes.

Click Image To View Full Size

Figure 1: Historic Rock (Li+Rb+Cs) Geochemical Anomalies – Lithman West Project

Seven soil Enzyme Leach anomalies have been defined from compilation of past Tanco exploration work (Figure 2). These anomalies are varying shapes and sizes. Areas where the soil and rock geochemistry overlap or nearly overlap are considered to be the highest priorities for follow-up drilling.

Click Image To View Full Size

Figure 2: Historic Soil (Enzyme Leach) Geochemical Anomalies – Lithman West Project

It is recommended that a diamond drill program be carried out in order to drill test the soil and rock geochemical anomalies (Figures 1 and 2). These are drill ready targets based on the historic geological exploration. In addition, it is recommended that follow-up geological work be carried out over the anomalies and that rock lithogeochemistry be completed on the southern portion of the project area.

The Company has five Lithium Pegmatite projects in the Winnipeg River-Cat Lake Pegmatite Field of Southeast Manitoba. This pegmatite field (Figure 3) is host to the world-class Tanco Pegmatite, a highly fractionated Lithium-Cesium-Tantalum (LCT)-type pegmatite, which has been mined at the Tanco Mine for Lithium-bearing minerals (Spodumene), Tantalum, Beryllium, Rubidium and Cesium since 1969. There are no current NI43-101 compliant reports, but academic reports suggest that the Tanco Pegmatite prior to the start of mining was approximately 1520 metres long, 1060 metres wide, and up to ~100 metres thick with a volume of ~21,850,000 m3 and a mass of ~57,430,000 tonnes.Numerous other lithium-bearing pegmatites exist within the pegmatite field.

Click Image To View Full Size

Figure 3: Approximate Outline of the Winnipeg River-Cat Lake Pegmatite Field

(Lithium Canada claim locations in green and the Tanco Mine Leases in red)

The Company has two other drill ready targets for lithium-bearing pegmatites in the Pegmatite Field (News Release Feb 22 nd , 2017). To date, the Company has approximately 6,318 hectares (15,612 acres) of mineral claims, with Lithium Mineral Potential in the Winnipeg River-Cat Lake Pegmatite Field of southeast Manitoba. NAM is the largest mineral claim holder in the Pegmatite Field. As part of Company’s Prospector Generator Model, negotiations are currently ongoing with interested 3rd parties for possible Option/Joint Ventures and other Exploration Initiatives.

ABOUT NAM’S PGM DIVISION

NAM’s flagship project is its 100% owned River Valley PGM Project (PFN Website – River Valley Project) in the Sudbury Mining District of northwest Ontario (60 kilometres due east of Sudbury, Ontario). Presently the River Valley Project has 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. River Valley PGM-Copper-Nickel sulphide mineralized zones remain open to expansion and is undergoing continued exploration.

QUALIFIED PERSON

The contents contained herein that relates to Exploration Results or Mineral Resources is based on information compiled, reviewed or prepared by Dr. Bill Stone, Principal Consulting Geoscientist for New Age Metals Inc. Dr. Stone is the Qualified Person as defined by National Instrument 43-101 and has reviewed and approved the technical content.

On behalf of the Board of Directors

“Harry Barr”

Harry G. Barr

Chairman and CEO

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.

Tags: #mining, #smallcapstocks
Posted in Lithium, New Age Metals | Comments Off on New Age Metals Delineates 3rd Lithium Project To Drill Stage On Its Lithman West Project In Southeast Manitoba $NAM.ca

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

Posted by AGORACOM-JC at 8:07 AM on Tuesday, May 16th, 2017

Hpq large

New Scaling Up Milestones
62% Increase in Impurity Removal Using Low Purity Feedstock
531% Conversion Yield Increase

HPQ Silicon Resources Inc (“HPQ”)Â (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to inform its shareholders that PyroGenesis Canada Inc (“PyroGenesis”) has submitted a new stage report entitled “Update on The PUREVAP^tm Process Characterization Testing #2” pertaining to tests completed since our last technical PR (26/01/17).Â The objectives of test #37 to #74 was increasing Si yield at lab scale by continuously improving process parameter and implementing alternative purification routes while still using low purity feed stock.Â The salient points of the report are significant in that they validate our systematic and methodical approach to our bench scale test purification work and scaling up our process of converting quartz into high purity silicon metal.

PROCESS IMPROVEMENT SHOWING SIGNIFICANT POTENTIAL TOWARD REACHING HIGHER PURITY

The report confirms that ongoing modifications to the PUREVAPâ„¢ QRR process have resulted in a 62% improvement in the impurity removal capacity of the system.Â This outcome is based on third party laboratory results¹, comparing the total average impurities count of 856.6 ppm (99.91%) for the Si produced by test #24 completed prior the modification with the total impurity count result of 328.98 ppm (99.97%) for the Si produced by test #51 completed after, using the same low purity quartz feedstock with total impurity count of 18,900 ppm (98.14 SiO2).

Bernard Tourillon, Chairman and CEO of HPQ-Silicon stated, “These results demonstrate that the PUREVAP^tm QRR quartz purification process can continue to be successfully improved while using low purity feedstock at the bench scale. This represents yet more important technical milestones being reached in our path toward production of Solar Grade Silicon Metal.Â At this stage of our development, we continue to pass critical milestones consistently and must continue our ‘iterative’ approach of incrementally increasing size, and purity step by step”.

Table 1: Removal efficiency of main impurities from Si Sample

	Removal efficiency
Element	Test#24	Test#51
Al	72.0%	93.9%
Ca	95.5%	98.8%
Fe	98.1%	99.3%
Mg	97.0%	99.9%
Mn	98.5%	99.5%
Na	99.6%	100.0%
K	96.4%	100.0%
Ti	-15.0%	79.8%
P	44.7%	53.1%
S	99.9%	100.0%
W	55.6%	100.0%
B	34.0%	44.3%
Average	73.0%	89.1%

¹	Analyses completed by Evans Analytical Group, (“EAG” of Liverpool, NY, USA) – using Glow Discharge Mass Spectrometry (“GDMS”)

Results for key impurities from test 51 indicate that the process modification implement are now allowing removal efficiencies of 100% for Na, K, S and W, > 99% for Fe, Mg and Mn, 98.8% for Ca, 93.9% for Al, 79.8 % for Ti (one of the most difficult impurity to remove), 53.1% for P and 44.3% for B.

Final results regarding process improvement using lower quality feedstock in test #54 to #74 will be reported once analysed by third party laboratory.Â PyroGenesis will submit a technical proposal to HPQ shortly,Â highlighting the best way to proceed with the final batch, based upon process and test results to date.

TESTING USING FEEDSTOCK WITH 99.5% SiO_2Â(500 PPM OF IMPURITIES) BECOMES KEY FOCUS

Once the results from samples #54 to #74 are completed, the effort will focus on applying purification techniques to higher purity quartzÂ feedstock.Â Presently the industry produces standard grade Si (MG-Si 98-99% Si) using as feedstock a quartz with no more then 500 ppm of impurities (99.5% SiO₂) and a maximum iron oxide (Fe) content of 0.1-0.15 wt%.

With the exception of the proof of concept phase, all of the tests to date that produced 99.9+% Si were completed using quartz feed stock with a total impurity count of 18,900 ppm (98.14 SiO2) and iron oxide (Fe) content of 0.9 wt%, or 9 times greater than the industry standard for Fe.

Having successfully secured access to high purity Quartz (99.5% SiO₂) from both HPQ – owned quartz deposits and from outside suppliers, the next phase willÂ apply the high efficiency impurities removal techniques to the higher purity feedstock.Â The objective of using theÂ higher purity feedstockÂ is to test the ability toÂ reach the 5N threshold at the bench scale, and provide more data necessary forÂ the final design of the pilot plant.Â These tests will commence as soon as the latest process improvements announced in our May 4, 2017 PR, are completed on the lab scale PUREVAPâ„¢ QRR.

“We are pleased with the progress to date,” said Pierre Carabin, Chief Technology Officer of PyroGenesis. “We have now reached a stage where we can start testing using high purity feedstock which will allow us to validate the impurity removal capacity of the lab scale reactor and ultimately, to further improve the product purity.”

TESTING CONTINUES TO CONFIRMS BENCH TEST SCALABILITY OF PUREVAPâ„¢ QRR PROCESS

The report confirms that process modifications done to the PUREVAPâ„¢ QRR are responsible for a 531% increase in yield of the Si produced. This is based on the fact that the process modifications has made it possible to produce the same quantity of material as produced by test #32 (PR January 26, 2017) using smaller batch size (55 wt% less) without sacrificing the purity of the final product.

Bernard J. Tourillon, Chairman and CEO of HPQ Silicon stated, “Building on our scaling up 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 5N (99.999% Si) Solar Grade Silicon Metal at lab scale, prior to start-up of the Pilot plant scheduled for 2018.”

Pierre Carabin, Eng., M. Eng., has reviewed and approved the technical content of this press release.

About HPQ Silicon

Disclaimers:

To view the image accompanying this press release, please visit the following link:Â http://www.marketwire.com/library/20170515-test32and51_800.jpg

To view the results from Test # 24, please visit this link: http://media3.marketwire.com/docs/Test_24.pdf

To view the results from Test # 51, please visit this link: http://media3.marketwire.com/docs/Test_51.pdf

Shares outstanding: 168,987,616

Bernard J. Tourillon
Chairman and CEO
(514) 907-1011

Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com

Tags: #mining, #smallcapstocks, $TSXV, CSE, High Purity Quartz, High purity silicon
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Explor to Begin a 3,000m Diamond Drill Program on the Timmins Porcupine West Property $EXS.ca

Posted by AGORACOM-JC at 8:26 AM on Monday, May 15th, 2017

To beginÂ 3,000 meter drilling program on the Timmins Porcupine West Property
Past completed diamond drilling programs have successfully confirmed the model and the gold bearing mineralized structure for more than 2000 meters of strike length at a vertical depth from 600 to 900 meters
Currently open on strike and at depth

ROUYN-NORANDA, QUEBEC–(May 15, 2017) – Explor Resources Inc. (“Explor” or the “Corporation“) (TSX VENTURE:EXS)(OTCQB:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) is pleased to announce the beginning of a 3,000 meter drilling program on the Timmins Porcupine West Property.

The past completed diamond drilling programs have successfully confirmed the model and the gold bearing mineralized structure for more than 2000 meters of strike length at a vertical depth from 600 to 900 meters. It is currently open on strike and at depth. The first five phases of drilling (106,000 meters) were concentrated on the “5” Zones of gold mineralization located within south limb of the geo-syncline.

This phase of diamond drilling will be designed to test and to expand the resource by drilling into the high grade gold mineralization in shear zone 4 and shear zone 5 on the south limb of the eastern portion of the orebody. The results from this new phase of drilling will be integrated into the model and the drill hole locations will be determined to maximize the geological information that will be imputed into the 3-D Gemcom model. The “5” Zones identified through modelling strikes east northeast and dips to the north at 70 to 80 degrees. The drilling has confirmed the association of gold mineralization with Quartz feldspar (QFP) and syenite porphyry, similar to that found at the Tahoe Resources Inc. West Timmins Properties. The 3-D geological model may be viewed on our website: www.explorresources.com.

Chris Dupont, President and Chief Executive Officer of Explor Resources Inc. commented: “With this phase of diamond drilling, we expect to continue to report excellent drill results. We expect the continuity of the mineralization from hole to hole as well as the grade encountered to date to continue as we expand the known resource.”Â

The Timmins Porcupine West Gold Property consists of 185 unpatented mining units and 3 patented claims located in the Bristol and Ogden Townships in the Timmins-Porcupine Mining Camp for a total 3,200 hectares. The highway 101 bisects the property and provides access from the city of Timmins located 13 km to the east. The property has been explored since 1927 by numerous ground geophysical surveys and diamond drilling of up to 111 holes. In 1984, Dome Exploration discovered and delineated a gold mineralized zone that was approximately 350 meters long and 45 meters wide and open below 350 meters of vertical depth. Explor also announces that Teck Resources Limited has decided to return the Property to Explor.

The Timmins Porcupine West Project has a structural target model developed by Explor based on the “Hollinger-McIntyre-Coniaurum System”. The Hollinger-McIntyre-Coniaurum (HMC) System has produced a total of over 30 million oz of gold and is spatially associated with the Pearl Lake Porphyry.

Chris Dupont, P.Eng is the qualified person responsible for the information contained in this release.

Explor Resources Inc. is a publicly listed company trading on the TSX Venture (EXS), on the OTCQB (EXSFF) and on the Frankfurt and Berlin Stock Exchanges (E1H1).

This Press Release was prepared by Explor. Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the Policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

About Explor Resources Inc.

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

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

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

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

Christian Dupont, President
888-997-4630 or 819-797-4630
819-797-1870
[email protected]
www.explorresources.com

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Tags: #mining, #smallcapstocks, $TSXV, Teck Resources (tck.b: tsx)
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Tartisan Resources Corp. Announces Closing of Private PlacementÂ for Proceeds of $334,000 at 15 Cents per Unit $TTC.ca

Posted by AGORACOM-JC at 9:00 AM on Friday, May 12th, 2017

Tartisan logo copy

Raised $CDN 334,000 via a non-brokered private-placement of 2,226,668 units at CDN $0.15 cents per unit with a full warrant at CDN $0.20 cents, expiring eighteen months from date of closing of this offering
Net proceeds from this offering will be used for general working capital purposes and to acquire and further its interests in Â properties and projects in Peru

Toronto, OntarioÂ – Tartisan Resources Corp. (CSE: TTC) (â€œTartisanâ€, or the â€œCompanyâ€) is pleased to announce the closing of a Private Placement ofÂ 2,226,668 units at 15 cents per unit.

Private Placement

Tartisan Resources Corp. has raised $CDN 334,000 via a non-brokered private-placement of 2,226,668 units at CDN $0.15 cents per unit with a full warrant at CDN $0.20 cents, expiring eighteen months from date of closing of this offering.

The net proceeds from this offering will be used for general working capital purposes and to acquire and further its interests in Â properties and projects in Peru, in particular to initiate a work program on the 100% owned Don Pancho polymetallic zinc-lead-silver-manganese project located 105 kilometers north-northeast of Lima in the Province of Huaral, Department of Lima, Peru and to complete the acquisition of a 100% interest in the Ichuna copper-silver property in South Peru.

Tartisan Resources Corp. common shares are listed on the Canadian Securities Exchange (CSE:TTC). Currently, there are 72,362,443 shares outstanding (88,405,827 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 Companyâ€™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/TartisanMay122017.pdf

Source: Tartisan Resources Corp. (CSE:TTC)

To follow Tartisan Resources Corp. on your favorite social media platform or financial websites, please click on the icons below.

Tags: #mining, #silver, #smallcapstocks, $TSXV, CSE, lead, manganese, zinc
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HPQ Identifies Major Fault Line Beneath The Old Gold Placer Mine on Beauce Gold Property $HPQ.ca

Posted by AGORACOM-JC at 12:56 PM on Thursday, May 11th, 2017

Identified a major fault beneath the former placer gold mining operation of the 1960s Beauce Placer Company
Patrick Levasseur, President and COO of HPQ Silicon stated, “This is an important discovery that narrows our search to find the hard rock source of the St-Simon-Les-Mines gold placers.“Â
Also statedÂ “We’re also very excited by the potential for discovery of another massive sulphide deposit within the Bellechasse Gold Belt.Â This is the same gold belt that hosts Golden Hope Mines Bellechasse – Timmins gold deposit as well as the Champagne massive sulphide deposit.

MONTREAL, QUEBEC–(May 11, 2017) -Â HPQ Silicon Resources Inc (“HPQ”) (TSX VENTURE:HPQ)(FRANKFURT:UGE)(OTC PINK:URAGF) is pleased to announce that the geophysical study along St-Gustave road on the company’s Beauce Gold property located in St-Simon-Les-Mines announced last year (HPQ Press release March 22, 2016) was completed and has identified a major fault beneath the former placer gold mining operation of the 1960s Beauce Placer Company.

Patrick Levasseur, President and COO of HPQ Silicon stated, “This is an important discovery that narrows our search to find the hard rock source of the St-Simon-Les-Mines gold placers.“Â Mr. Levasseur also statedÂ “We’re also very excited by the potential for discovery of another massive sulphide deposit within the Bellechasse Gold Belt.Â This is the same gold belt that hosts Golden Hope Mines Bellechasse – Timmins gold deposit as well as the Champagne massive sulphide deposit.

SIGNIFICANT GOVERNMENT AND RESEARCH ENTITIES CONDUCTED GEOPHYSICAL STUDY

As part of a research grant from the Fonds de recherche du QuÃ©bec – Nature et technologies (FRQNT) in partnership with the Quebec Ministry of Energy and Natural Resources and HPQ Silicon Resources, the INRS-Center Eau Terre et Environnement of QuÃ©bec conducted a multidisciplinary geophysical study to document the deep geological context of the Magog Group and, more specifically, the Beauceville Formation (Bellechasse gold belt) under the St-Simon-les-Mines gold placer.

PRESENCE OF A MAJOR FAULT LINE IN THIS SECTOR IS UNPRECEDENTED

The work, carried out under the supervision of Professor Marc Richer-LaFlÃ¨che, Ph.D., geo, consists of audio-magnetotelluric, gravimetric, magnetometric and electromagnetic surveys. The latter were carried out along a 5.6 km section along the St-Gustave road. The results of the study suggest the presence of a large fault (Figure 1) rising on the edge of the former placer gold mining operation of the 1960s Beauce Placer Company.Â Gravity data also shows a contrast between the southern and northern blocks of the fault. This new information is relevant to explain the possible source of gold contained in the St-Simon-les-Mines site and along the Gilbert River. The presence of a major fault in this sector was previously not identified, as government maps indicate simple folded structures in the area. In addition, the projection of the fault at the surface corresponds to a high electrical chargeability domain (Richer-LaFlÃ¨che, 2014) suggesting the presence of disseminated sulphides in the volcaniclastic rocks of the Beauceville Formation. This area borders the northern limit of the St-Simon-les-Mines gold placer.

POTENTIAL FOR POLYMETALLIC MASSIVE SULPHIDE MINERALISATION

In addition to specifying the structural context of the St-Simon-les-Mines gold sector, the geophysical work of 2016 was extended north to document the deep geology of the northern part of the Beauceville Formation. This area is characterized by a greater proportion of volcanoclastic and volcanic rocks and a geological context similar to that of the Champagne deposit in the St-Magloire area (Bellechasse gold belt). The audio-magnetotelluric data of the St-Gustave road section suggest the presence of a large conductor (conductor IV) with an estimated thickness of about 50 m and vertical extension in the order of 400 m (Fig. 1). This structure could correspond to a massive polymetallic sulphides mineralization. Additional work is planned to specify the geometry of this conductor.

IMPLICATIONS FOR MINERAL EXPLORATION IN THE BELLECHASSE GOLD BELT

The use of multiple geophysical methods including deep penetration AMT makes it possible to improve the geological understanding of the St-Simon-les-Mines sector by highlighting the presence of a fault in the vicinity of the gold placer. The rocks in the area affected by the presumed structure show local high electrical chargeability values suggesting the presence of disseminated sulphides in the volcanoclastic rocks of the Beauceville Formation. Additional geophysical and geological work will be carried out to clarify the geometry of the fault and to document the presence of bedrock mineralization under the placer and in the northern part of the Beauce Gold property.

Marc Richer-LaFlÃ¨che PhD, P. Geo, is a qualified person as defined by National Instrument 43-101 and has reviewed and approved the technical contents of this press release.

HPQ INCREASES BEAUCE GOLD PROPERTY FOOTPRINT OVER NEWLY DISCOVERED ZONES

In addition to the original 5 Uragold claims and the 32 claims acquired from Fancamp, the Company has acquired through map staking an additional 108 claims for a total of 145 claims covering a total area of 4,472 hectares over the newly discovered zones.

About HPQ Silicon

About Beauce Gold Fields

Beauce Gold Fields (BGF) is a wholly own subsidiary of HPQ Silicon.Â HPQ is in the process of “Spinning Out” Beauce Gold Fields into a new publicly trading junior gold company. Shareholders of record of HPQ will receive shares in the new company.Â The Beauce Gold property will become the property of merit of BGF.

Beauce Gold Property highlights (Beauce Technical 43-101 Report January 2015)

Certificate of authorizations (CA) allowing the start of first phase mining activities on the Rang Chaussegros sector of the Beauce gold project;
Â Polygonally calculated gold exploration target for the entire historical placer channel ranging between 61,000 ounces (2.2 million cubic metres at 0.87 gram of gold per cubic metre) and 366,000 ounces (2.2 million cubic metres at 5.22 grams of gold per cubic metre); Potential quantity and grade is conceptual in nature, that there has been insufficient exploration to define a mineral resource and that it is uncertain if further exploration will result in the target being delineated as a mineral resource
Significant potential for further exploration discoveries; geology suggest a proximate bedrock source of gold;
176 acres of real estate 100 per cent owned by HPQ;
The property once held four historical gold mining operations;
The property produced the largest gold nuggets in Canadian mining history (St-Onge nugget, 43 ounces; McDonald nugget, 45 ounces; Kilgour nugget, 51 ounces). Source: W. Chapamn 1881 Gold Mines of Beauce, F. Drouin 2003 Les Mines D’Or En Beauce

Disclaimers:

To view the image accompanying this press release, please visit the following link: http://media3.marketwire.com/docs/1094454_HPQ_Beauce_Fault.jpg

Shares outstanding: 168,987,616

Bernard J. Tourillon
Chairman and CEO
(514) 907-1011

Patrick Levasseur
President and COO
(514) 262-9239
www.HPQSilicon.com

Tags: #mining, #smallcapstocks, $TSXV, gold
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Durango Receives OK to Dewater at Dianna Lake Silver, Sask. $DGO.ca

Posted by AGORACOM-JC at 8:56 AM on Thursday, May 11th, 2017

Water Security Agency of Saskatchewan has granted permission for Durango to dewater Pit#1 on its wholly owned Dianna Lake Silver Project in northern Saskatchewan

Vancouver, BC / May 11, 2017 – Durango Resources Inc. (TSX.V-DGO) (OTC- ATOXF) (Frankfurt-86A1), (the “Company” or “Durango”) announces that further to the news release dated May 2, 2017, the Water Security Agency of Saskatchewan has granted permission for Durango to dewater Pit#1 on its wholly owned Dianna Lake Silver Project in northern Saskatchewan.

As previously announced on September 6, 2016, Durango’s team was successful in locating and mapping nearly all historical drill holes, pits, and trenches. In addition, several new silver, copper, and gold-bearing showings were discovered during the 2016 reconnaissance program. The program encountered high-grade silver and copper anomalies which were taken in channel samples from the main zone of historic workings and grab samples from the surrounding areas.

Durango management is preparing a follow-up program for the Dianna Lake property in 2017 which will entail further investigation of the anomalies discovered in 2016 and will also include work on historical Pit#1 (see news releases of July 13, 2016 and September 6, 2016). In 2016, Pit #1 was flooded with water, however, based on historical documentation, the highest-grade silver material was recovered from this historic pit. Now that Durango has the go ahead to dewater Pit#1, the Company plans to fully sample the pit in the upcoming 2017 exploration campaign.

Durango is currently in discussions with its exploration team and more definitive timing on the 2017 summer exploration program at Dianna Lake will be announced as soon as it is available

Figure 1: Sampling Locations Within Historical Pit Area (Highlights)

Click Image To View Full Size

Full-size image at: http://www.durangoresourcesinc.com/dianna-lake-silver-saskatchewan/

Marcy Kiesman, CEO of Durango, comments, “Durango is very pleased with the expediency and the positive response by the Water Security Agency of Saskatchewan. We look forward to sampling the historical pit and verifying the historically documented silver results of Dianna Lake this summer. Durango remains positioned for discovery at the Dianna Lake Silver prospect in Saskatchewan.”

About Dianna Lake Silver, Saskatchewan

Durango’s Dianna Lake silver prospect covers an historical area in which, from 1968 to 1969, two-high grade, primarily native silver-bearing exploration targets of between 30,000 tonnes and 50,000 tonnes grading five to ten ounces per ton silver, approximately 600 meters apart, were determined by trench grab sample assays, according to an historical evaluation report composed for Comaplex Resources in 1980 (1)*.

* Potential quantities and grades are conceptual in nature. There has been insufficient exploration to define a mineral resource, and it is uncertain if further exploration will result in the target being delineated as a mineral resource.

References

(1)”Evaluation report of the Dianna Lake silver-copper property, CBS 3141, S-97735 and S-97736, Uranium City area, Saskatchewan, Canada, for Comaplex Resources International Ltd.,” E.G. Kennedy, P.Eng., 1980.

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 certain lithium properties near the Whabouchi mine, the Buckshot graphite property near the Miller Mine in Quebec, the Dianna Lake silver project in northern Saskatchewan, and 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 Durango achieving permits, engaging in future drilling or work programs, raising additional funds, exploration results on any of its properties or the 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.

Tags: #mining, #silver, #smallcapstocks, $TSXV, CSE
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