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CLIENT FEATURE: American Creek (AMK: TSX-V) – Recent samples average 27,092 gm/tonne silver and 248 gm/tonne gold

Posted by AGORACOM-JC at 2:56 PM on Tuesday, March 8th, 2016

AMK: TSX-V

RECENT HIGHLIGHTS

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

Exceptional Properties

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

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

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

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



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

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

2015 Drill Program Presentation

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

Treaty Creek Property


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

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

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

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

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Durango Adds Ground Adjacent To NMX AND CCB In Quebec

Posted by AGORACOM-JC at 10:17 AM on Friday, March 4th, 2016

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  • Strategically added additional ground to its property adjacent to Canada Carbon’s Miller Mine Property in Quebec and also to its NMX East property adjacent to Nemaska Lithium’s proposed Whabouchi Mine via an online staking application through GESTIM

Vancouver, BC / March 04, 2016 – Durango Resources Inc. (the “Company” or “Durango”) announces that it has strategically added additional ground to its property adjacent to Canada Carbon’s Miller Mine Property in Quebec and also to its NMX East property adjacent to Nemaska Lithium’s proposed Whabouchi Mine via an online staking application through GESTIM.

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner’s Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and the NMX East lithium property near the Whabouchi mine in Quebec, the Buckshot Property near the Miller Mine in Quebec, as well as three sets of claims in the Labrador nickel corridor.

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

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900 or 604.339.2243

Facsimile: 888.266.3983

Email: [email protected]

Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to timing of mineral resource estimates, future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

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

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Uragold Raw Quartz Assays As High As 4N Purity (99.99% SiO2) Prior To Commencement Of Testing

Posted by AGORACOM-JC at 4:15 PM on Thursday, March 3rd, 2016

Uragold_new

  • Pre-testing analysis of its Raw Quartz material has yielded purity levels as high as 4N (99.99%) SiO2
  • Bernard Tourillon, Chairman and CEO Of Uragold Stated: “Using these new results, Theoretical modeling of PyroGenesis PUREVAP(TM) Quartz Vaporization Reactor (QVR) process seem to indicate that transforming Raw Quartz into High Purity Silicon metals with a minimum purity of 4N (99.99 %) is within reach and with anticipated process improvements further testing could achieve purity of 5N (99.999 %) and even further to 6N (99.9999 %)“.

Montreal, Quebec, Canada /March 3, 2016 – Uragold (TSX Venture: UBR) is pleased to announce that pre-testing analysis of its Raw Quartz material has yielded purity levels as high as 4N (99.99%) SiO2.

Bernard Tourillon, Chairman and CEO Of Uragold Stated: “Using these new results, Theoretical modeling of PyroGenesis PUREVAP(TM) Quartz Vaporization Reactor (QVR) process seem to indicate that transforming Raw Quartz into High Purity Silicon metals with a minimum purity of 4N (99.99 %) is within reach and with anticipated process improvements further testing could achieve purity of 5N (99.999 %) and even further to 6N (99.9999 %)“.

The Raw Quartz material was taken from Uragold’s 100% Owned Martinville property, located in the Eastern Townships region of Quebec. The analysis completed at the INRS – ETE (Institut National de la Recherche Scientifique, Eau Terre Environnement) laboratory in Quebec City were required for theoretical modeling purposes of PyroGenesis PUREVAP(TM) QVR process.

Martinville Raw Quartz Results Indicate That Even Before Any Benefaction The Material Meets Industry Standards For Ultra High Purity Quartz.

Ultra High Purity Quartz has become one of today’s key strategic minerals with applications in pharmaceutical and high-tech industries, semiconductors, telecommunication, optics, microelectronics, and solar applications.

The price of Ultra High Purity Quartz can range from $US 300 (SiO2 99.95 % or 3N + Purity) –
> $US 5,000 per ton (SiO2 99.997 % or 4N + Purity)1 due to the importance of this mineral to almost every industry in the world.

Bernard Tourillon Further Stated “Reaching 4N (99.99 +%) SiO2 Purity without any benefaction is outstanding and confirms the exceptional quality of the Martinville Quartz. The Ultra High Purity of our raw quartz will allow Uragold to develop both its Solar Grade Si business and its Ultra High Purity Quartz business, therefore reducing its technology risk while increasing its potential revenues steams.

Total Impurities Count < 100 Ppm Measured In Martinville Raw Quartz Assay Results

The analytical data measured in the INRS – ETE laboratory confirms the presence of very pure silica (SiO2) with very low total concentration in all the major contaminants, around the 100 ppm threshold, for the Martinville property. Total contaminant concentration (ppm) was calculated by summing the following elements (Ti, Fe, Mn, Mg, Ca, Na, K, P, Cr, Ba, Sr, Cu).

2016 MARTINVILLE TOTAL IMPURITIES GRAPH:


Click Image To View Full Size

Figure 1: Total concentration of contaminants (ppm) from the Martinville Property silica samples are closely ranged above and below the 4N grade on the right. 4N Purity implies impurities concentration in the material are 100 ppm or less. (INRS Data).

2016 MARTINVILLE TABLE OF RESULTS:


Click Image To View Full Size

This table represents the analytical data measured by the INRS laboratory.

The Martinville Property:

The total exploration area of the Martinville deposit is 2.42 Km2. The deposit consists of hydrothermal quartz veins encased in schist’s.

In 1995, a geophysical survey resulted in an exploration potential estimated at over 1,000,000 tons of SiO2 using the 200 m surface length of the quartz vein, with an average width of between 2 m and 23 m and assuming a continuation up to 30 M of depth. (GM53696: Pierre Vincent, Constellar Geosciences. 1995.).

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

Testing Methodology:

In order to have a good sampling spread, 7 samples were taken at different zones of the quartz vein outcrop in 2014. The material was sent to the INRS ETE laboratory in Quebec City to be prepared for testing for Silica values. To avoid metal contamination the samples were cleaned using silicon carbide (abrasive) and subsequently pulverized with an agate mortar and pestle. 7 prepared samples were re-tested for major and trace elements by multi acid (HF, HNO3-HCl-HClO4) total digestion, ICP/OES (26 elements). The assay was performed using Atomic emission spectroscopy (Varian, axial Vista).

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

About Uragold

Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP(TM) QVR, is endeavouring to become a vertically integrated High Purity Silicon Metal (99.99% Si), Solar Grade Silicon Metal (6N Purity / 99.9999% Si) and/or Higher (9N Purity / 99.9999999% Si) producer.

The PUREVAP(TM) QVR process’s big advantage is its one step direct transformation of Quartz into High Purity Silicon Metal (99.99% Si), Solar Grade Silicon Metal (6N Purity / 99.9999% Si) and/or Higher (9N Purity / 99.9999999% Si) producer, thereby potentially allowing Uragold to manufacture high value material for the same operating cost presently being paid by traditional producers to make Metallurgical Grade Si (98.5% Si) using the traditional arc furnace approach.

The science behind PyroGenesis PUREVAP(TM) QVR process is solid:

  • ooPlasma arc based process can and has transformed High Purity Quartz into Mg Si.
  • ooPlasma arc based process can and is being used to purify Mg Si into higher value materials such as Sg Si.
  • ooFinally, refining Mg Si using an electron-beam furnace in a high vacuum-processing environment has proven the concept of the elimination of elements whose vapor pressures are higher than that of silicon.

What is unique and ground breaking is the combination of these three proven processes into one step.

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

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

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

For further information contact

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

1 Source Richard Flock, Industrial Minerals December 2013

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Durango Adds More Ground to Metanor Resources Moroy Discovery in Quebec

Posted by AGORACOM-JC at 3:18 PM on Thursday, March 3rd, 2016

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  • Announced that it has added more ground to its property adjacent to Metanor Resources Moroy discovery in Quebec via an online staking application through GESTIM

Vancouver, BC / March 3, 2016 – Durango Resources Inc. (the “Company” or “Durango”) is pleased to announce that it has added more ground to its property adjacent to Metanor Resources Moroy discovery in Quebec via an online staking application through GESTIM.

President and Director of Durango, Marcy Kiesman, states, “Durango is aggressively positioning itself with ground adjacent to the World’s next Lithium Mine and beside two recent significant gold discoveries that were made in Ontario and Quebec. The two gold discoveries were made in areas where most believed it was improbable, however with simple exploration new gold discovery zones were revealed. At Moroy, it occurred a kilometer away from the historic mining, and at the Whitney gold project the new shallow gold deposit was discovered between several historic vertical mining operations which produced over 18 million ounces of gold. The close proximity of Durango’s projects coupled with the geology give an excellent opportunity for discovery with Durango. With the current state of mineral exploration, Durango will be negotiating with several drilling companies on drilling for discovery. If you wish for Durango to contact you in this regard, email your contact information to: [email protected].”

About Durango

Durango is a natural resources company engaged in the acquisition and exploration of mineral properties. The Company has a 100% interest in the Mayner’s Fortune and Smith Island limestone properties in northwest British Columbia, the Decouverte and Trove gold properties in the Abitibi Region of Quebec, and the NMX East lithium property near the Whabouchi mine in Quebec, the Buckshot Property near the Miller Mine in Quebec, as well as three sets of claims in the Labrador nickel corridor.

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

Marcy Kiesman, Chief Executive Officer
Telephone: 604.428.2900 or 604.339.2243
Facsimile: 888.266.3983
Email: [email protected]
Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to timing of mineral resource estimates, future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

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

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Durango Acquires Claims North of Bell Creek Mine and Lake Shore Gold – Goldcorp Discovery Near Timmins

Posted by AGORACOM-JC at 4:00 PM on Wednesday, March 2nd, 2016

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  • Announced that it has entered into an agreement to acquire 100% of the Whitney Northwest Gold Project.
  • Property consists of 256 hectares located near the Lakeshore Gold Corp (T-LSG) and Goldcorp Inc. (T-G) joint venture ground north of the city of Timmins, Ontario, and 9 kilometres ENE of Timmins.

Vancouver, BC / March 02, 2016 – Durango Resources Inc. (the “Company” or “Durango”) is pleased to announce that it has entered into an agreement to acquire 100% of the Whitney Northwest Gold Project. The property consists of 256 hectares located near the Lakeshore Gold Corp. (T-LSG) and Goldcorp Inc. (T-G) joint venture ground north of the city of Timmins, Ontario, and 9 kilometres ENE of Timmins.

Durango’s new Whitney Northwest Gold Project is located approximately 5 kilometres northwest of the Lake Shore Gold Corp and Goldcorp joint venture “Whitney Project” ground where Lake Shore announced a new shallow-depth gold discovery on February 4, 2016. Subsequently on February 8, 2016 Lake Shore announced that Tahoe Resources Inc. (T-THO) would acquire Lake Shore in a $945 million deal.

Durango will issue 1.5 million shares on TSX approval and pay $25,000 on completion of financing for 100% title to the mineral claims.

President and Director of Durango, Marcy Kiesman, states, “The acquisition of the Whitney Northwest Gold Project is a great step in creating new value for Durango’s shareholders. We are excited to have the opportunity to enter an area of great significance for gold mining in Ontario with a desirable land position tied onto Lakeshore and Goldcorp’s joint venture ground.”

The technical contents of this release were approved by Mr. Case Lewis, a vendor of the property and a Qualified Person as defined by National Instrument 43-101. The property has not been the subject of a National Instrument 43-101 report.

About the Whitney Northwest Project

Durango’s Whitney Northwest Gold Project is located within the western part of the Archean-aged Southern Abitibi Greenstone Belt, a supracrustal complex of moderately to highly deformed, usually greenschist facies, volcanic-dominated oceanic assemblages that are approximately 2.7 million years in age. Supracrustal rocks in the Timmins region are assigned as members of seven volcanic and two sedimentary assemblages within the Western Abitibi Subprovince of the Superior Province. Intrusions were emplaced during the Archean and Proterozoic eons.

The Whitney Northwest Gold Project lies between the gold-bearing Destor-Porcupine Fault to the south (>60 million ounces of historic production to the end of 2006) and the gold-bearing regional Pipestone Fault to the north. The property covers the interpreted extension of several north-south and east-west trending faults.

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 Decouverté and Trove gold properties in the Abitibi Region of Quebec, and the NMX East lithium property near the Whabouchi mine in Québec, as well as three sets of claims in the Labrador nickel corridor.

 

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

 

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900 or 604.339.2243

Facsimile: 888.266.3983

Email: [email protected]

Website: www.durangoresourcesinc.com

 

 

Forward-Looking Statements

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to timing of mineral resource estimates, future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

 

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

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

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

AMK: TSX-V

RECENT HIGHLIGHTS

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

Exceptional Properties

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

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

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

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



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

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

2015 Drill Program Presentation

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

Treaty Creek Property


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

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

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

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

Hub On AGORACOM / Read Release

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Taiwanese Venture Capital Group converts escrowed deposits to equity

Posted by AGORACOM-JC at 3:56 PM on Monday, February 29th, 2016

Uragold_new

  • Taiwanese Venture Capital Group notified Uragold of its intention to convert its CAD $250,000 escrow cash installment into shares of Uragold, effective immediately and prior to commencement of the recently announced testing and validation of the PUREVAP(TM) QVR process

Montreal, Quebec / February 29, 2016 – Uragold (TSX Venture: UBR) would like to inform its shareholders that the Taiwanese Venture Capital Group (“Investors”) through Stone River Capital LLC (see Press Release December 1, 2015) has notified the company of its intention to convert its CAD $250,000 escrow cash installment into shares of Uragold, effective immediately and prior to commencement of the recently announced testing and validation of the PUREVAP(TM) QVR process.

Private Placement

As a result of this, Uragold is pleased to announce that it has closed a non-brokered private placement consisting of the issuance and sale of an aggregate amount of 4,375,000 units (“Unit”) at $0.08 per Unit for gross proceeds of $350,000. The net proceeds from the Private Placement will be used for general corporate expenditures and exploration activities.

The funding provide Uragold with resources to market our worldwide exclusive technology grant from PyroGenesis Canada Inc. (PYR: TSX-V) to convert our highly coveted High Purity Quartz Projects into the highest purity, lowest cost supplier of Solar Grade Silicon Metal and Polysilicon to the solar industry (See Press Release September 30, 2015).

Each Unit is comprised of one (1) common share and one (1) common share purchase warrant (“Warrant”) of the Company. Each Warrant will entitle the holder thereof to purchase one common share of the capital stock of the Company at an exercise price of $ 0.12 during a period of 36 months from the date of closing of the placement. Each share issued pursuant to the placement will have a mandatory four (4) month holding period from the date of closing of the placement. The placement is subject to standard regulatory approvals.

Bernard Tourillon, Chairman and CEO Of Uragold Stated “The Investors’ decision to request the immediate conversion of the funds held in escrow for shares of Uragold is a positive affirmation of the PUREVAP(TM) Quartz Vaporization Reactor (“PUREVAP(TM) QVR”) potential in Asia. As I stated in our September 30th release, this technology represents a potential quantum leap forward for the solar panel industry becoming a more competitive source of renewable energy. The funding with our Taiwanese partners provides further third party validation of that statement.

About Uragold

Uragold, with its worldwide exclusive usage of PyroGenesis’ PUREVAP(TM) QVR, is endeavouring to become a vertically integrated High Purity Silicon Metal (99.99% Si), Solar Grade Silicon Metal (6N Purity / 99.9999% Si) and/or Higher (9N Purity / 99.9999999% Si) producer.

The PUREVAP(TM) QVR process’s big advantage is its one step direct transformation of Quartz High Purity Silicon Metal (99.99% Si), Solar Grade Silicon Metal (6N Purity / 99.9999% Si) and/or Higher (9N Purity / 99.9999999% Si) producer, thereby potentially allowing Uragold to manufacture high value material for the same operating cost presently being paid by traditional producers to make Metallurgical Grade Si (98.5% Si) using the traditional arc furnace approach.

The science behind PyroGenesis PUREVAP(TM) QVR process is solid:

-Plasma arc based process can and has transformed High Purity Quartz into Mg Si.

-Plasma arc based process can and is being used to purify Mg Si into higher value materials such as Sg Si.

-Finally, refining Mg Si using an electron-beam furnace in a high vacuum-processing environment has proven the concept of the elimination of elements whose vapor pressures are higher than that of silicon.

What is unique and ground breaking is the combination of these three proven processes into one step.

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

This news release does not constitute an offer to sell or a solicitation of an offer to buy nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or the securities laws of any state of the United States and may not be offered or sold within the United States or to, or for the account or the benefit of, U.S. persons (as defined in Regulation S un der the U.S. Securities Act) unless registered under the U.S. Securities Act and applicable state securities laws or pursuant to an exemption from such registration requirements.

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

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

For further information contact

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

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Ontario Court of Appeal Decides Ring of Fire Easement Case

Posted by AGORACOM-JC at 3:32 PM on Thursday, February 25th, 2016

Kwglarge

  • Judgment confirms that should 2274659 Ontario Inc. make application to the Minister of Natural Resources for the grant of an easement over the CCC claims,
  • Minister must accommodate the claimholder’s rights and its consent may then be dispensed with.

TORONTO, ONTARIO–(Feb. 25, 2016) – The Ontario Court of Appeal has released its judgment in the appeal brought by KWG Resources Inc. (CSE:KWG)(FRANKFURT:KW6) (“KWG”) subsidiary Canada Chrome Corporation (“CCC”). The appeal was dismissed.

The judgment confirms that should 2274659 Ontario Inc. make application to the Minister of Natural Resources for the grant of an easement over the CCC claims, the Minister must accommodate the claimholder’s rights and its consent may then be dispensed with. The judgment cited, in part: “In coming to this conclusion, the Divisional Court was required to review the evidence (or lack thereof) on the factors relevant to dispensing with consent: whether there was interference with the respondent’s mining claims; the feasibility of the respondent’s plan to build a railway; the presence or absence of mineral deposits on the claims; and what inferences could be made as to the respondent’s motives in staking the claims along the transportation corridor.”

Elsewhere the judgment cited: “This would leave it to the Minister of Natural Resources to determine the issue, after an environmental assessment and consultation with other affected interests – a process in which the appellant would be entitled to participate.”

The application for an easement to build a road has never proceeded and KWG will now put before the Minister of Natural Resources the details of the railroad feasibility study to be undertaken to insure that surface tenure may be assured as an assumption in the study, that the consolidated aggregates may be mined from the claims to provide material for the railroad bed, and that the claimholder’s priority to consolidated aggregate is maintained.

At a hearing before Ontario’s Mining and Lands Commissioner (“MLC”) in early 2013, 2274659 Ontario Inc. (formerly a subsidiary of Cliffs Natural Resources Inc. (“Cliffs”) and now wholly-owned by Noront Resources Ltd.), sought an order to dispense with the consent of KWG/CCC for the granting of an easement for Cliffs to build a road on top of mining claims staked by KWG/CCC along a 340 kilometer corridor of high ground. The staking and subsequent exploration had been undertaken with Cliffs’ consent to such use of the funds subscribed to KWG by Cliffs for shares of KWG. KWG/CCC then spent some $15 million to explore the claims and assess their profiles and aggregates to provide a means of egress for the Big Daddy chromite deposit in which KWG/CCC has a 30% joint venture interest, with Cliffs then holding the 70% interest. However, Cliffs determined instead to use the claims to provide egress exclusively for the Black Thor chromite deposit in which KWG/CCC had no participation. The MLC declined to grant the order sought by Cliffs and Cliffs then appealed the MLC decision to the Divisional Court of the Ontario Superior Court.

In July 2014 the MLC decision was overturned by the Divisional Court and KWG/CCC then sought leave from the Ontario Court of Appeal to appeal the Divisional Court decision. Leave to appeal was granted in January 2015. The hearing of the appeal was completed on November 26th, 2015 at which time the Court reserved its decision to consider the case and deliver a written judgment with reasons.

About KWG:

KWG has a 30% interest in the Big Daddy chromite deposit and the right to earn 80% of the Black Horse chromite where resources are being defined. KWG also owns 100% of CCC which has staked claims and conducted a surveying and soil testing program, originally for the engineering and construction of a railroad to the Ring of Fire from Aroland, Ontario. KWG subsequently acquired intellectual property interests, including a method for the direct reduction of chromite to metalized iron and chrome using natural gas. The Company is prosecuting patent applications for both the direct reduction method and for a method of producing high purity chromium metal by continuous smelting.

KWG Resources Inc.
Bruce Hodgman
Vice-President
416-642-3575
[email protected]

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Durango Receives Proposal for Buckshot Graphite Adjacent to Canada Carbon

Posted by AGORACOM-JC at 2:19 PM on Thursday, February 25th, 2016

Logo

  • Announced that it has received an unsolicited joint venture proposal on its Buckshot property
  • Adjacent to Canada Carbon Inc.’s (TSX.V-CCB) Miller graphite project
  • located approximately 80km west of Montreal in the Grenville township of Quebec

Vancouver, BC / February 25, 2016 – Durango Resources Inc. (the “Company” or “Durango“) announces that it has received an unsolicited joint venture proposal on its Buckshot property which is adjacent to Canada Carbon Inc.’s (TSX.V-CCB) Miller graphite project located approximately 80km west of Montreal in the Grenville township of Quebec.

Durango will provide further updates if and when a joint venture agreement is reached on the Buckshot property.

About Durango Resources Inc.

Durango is a natural resource company engaged in the acquisition and exploration of mineral properties. In addition to the Mayner’s Fortune and Smith Island limestone projects, the Company holds a 100% interest in the Decouverte and Trove gold properties in the Abitibi Region of Quebec, the NMX East lithium property and the Buckshot graphite property near the Miller Graphite mine in Quebec.

DURANGO RECOIT LA PROPOSITION DE CHEVROTINES GRAPHITE ADJACENT AU CANADA CARBONE

Vancouver, BC / TNW-Accesswire / 25 fevrier 2016 – Durango Resources Inc. (le “Company” ou “Durango”) annonce qu’il a recu une proposition de coentreprise non sollicites sur sa propriete de chevrotines qui jouxte le Carbon Canada Inc. (TSX.) V-CCB) Miller graphite projet situe a 80 km environ a l’ouest de Montreal dans le canton de Grenville du Quebec.

Durango fournira davantage mises a jour lorsqu’un accord de joint-venture est atteint sur la propriete de chevrotines.

Sur Durango

Durango de ressources Inc. est une societe de ressources naturelles engages dans l’acquisition et l’exploration de proprietes minieres. En plus de la Mayner projets de calcaire Fortune et Smith Island, la societe detient une participation de 100 % dans la Decouverte et proprietes Trove or dans la region de l’Abitibi du Quebec, la propriete de lithium de NMX East et la propriete de graphite de chevrotines pres de la mine de Graphite de Miller au Quebec.

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

Marcy Kiesman, Chief Executive Officer
Telephone: 604.339.2243
Facsimile: 888.266.3983
Email: [email protected]
Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to timing of mineral resource estimates, future exploration or project development programs, execution of a definitive agreement, raising of funds, obtaining regulatory approvals and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

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

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Durango Adjacent to Metanor 60,000 Metre Drill Program

Posted by AGORACOM-JC at 2:12 PM on Wednesday, February 24th, 2016

  • Provides a further update on the wholly owned Allegiant property which is adjacent to Metanor Resources (TSX.V-MTO) Moroy property in Quebec
  • On February 23, 2016, Metanor announced, “…new mineralized zone is located one kilometer southeast of the Bachelor mine” and that “the continuing drilling campaign is expected to cover 60,000 metres on the Moroy property”.

Vancouver, BC / February 24, 2016 – Durango Resources Inc. (the “Company” or “Durango”) provides a further update on the wholly owned Allegiant property which is adjacent to Metanor Resources (TSX.V-MTO) Moroy property in Quebec. The Durango property is adjacent to the south of Moroy, approximately 5km south of the Bachelor Lake Mine.

On February 23, 2016, Metanor announced, “…new mineralized zone is located one kilometer southeast of the Bachelor mine” and that “the continuing drilling campaign is expected to cover 60,000 metres on the Moroy property”.

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, Trove and Allegiant gold properties in Quebec, and the NMX East lithium property near the Whabouchi mine in Quebec, as well as three sets of claims in the Labrador nickel corridor.

DURANGO JOUXTANT METANOR 60,000 METRES programme de forage

Vancouver, BC / TheNewswire / Fevrier 24, 2016 – Ressources Durango Inc. (la “Societe” ou “Durango”) fournit une mise a jour sur la propriete Allegiant en propriete exclusive qui est adjacente a Ressources Metanor propriete (TSX.V-MTO) Moroy au Quebec. La propriete Durango est adjacent au sud de Moroy, a environ 5 km au sud de la mine Lac Bachelor.

Le 23 Fevrier, 2016, Metanor a annonce, “…nouvelle zone mineralisee est situe a un kilometre au sud-est de la mine Bachelor” et que “la campagne de forage continue devrait couvrir 60,000 metres sur la propriete Moroy”.

A propos de Durango

Durango est une societe des ressources naturelles specialisee dans l’acquisition et l’exploration de proprietes minieres. La Societe a un interet de 100% dans la fortune et Smith ile calcaire les proprietes du mineur du nord-ouest Colombie-Britannique, les proprietes auriferes Decouverte, Trove et Allegiant au Quebec, et la propriete de lithium NMX Est pres de la mine Whabouchi au Quebec, ainsi que trois ensembles des reclamations dans le couloir Labrador de nickel.

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

Marcy Kiesman, Chief Executive Officer

Telephone: 604.428.2900 or 604.339.2243

Facsimile: 888.266.3983

Email: [email protected]

Website: www.durangoresourcesinc.com

Forward-Looking Statements

This document may contain or refer to forward-looking information based on current expectations, including, but not limited to timing of mineral resource estimates, future exploration or project development programs and the impact on the Company of these events. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise them to reflect new events or circumstances. For a detailed list of risks and uncertainties relating to Durango, please refer to the Company’s prospectus filed on its SEDAR profile at www.sedar.com.

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

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