Month: March 2018

AbraPlata Announces Diablillos PEA Results with 30.2% IRR

Production of 9.8 Million Silver Equivalent Ounces Per Year
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AbraPlata Resource Corp. (TSX.V:ABRA) (OTC:ABBRF) (Frankfurt:1AH) (“AbraPlata” or the “Company”) is pleased to announce the completion of an independent Preliminary Economic Assessment (“PEA”) on the Company’s 100% owned Diablillos silver-gold project, located in Salta Province, Argentina. The results of the PEA demonstrate the potential technical and economic viability of establishing an open pit silver-gold mine with mill complex on the Diablillos property. Highlights of the PEA are provided in Table 1 and the forecast annual silver-equivalent (“AgEq”) production and head grades are shown in Figure 1. read more

Eloro Resources and EHR Resources Announce Commencement of the Next Stage of Exploration at the La Victoria Gold Project, Peru

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V.ELO, Eloro Resources, Peru, gold, Tom Larsen

Eloro Resources Ltd. (TSX-V:ELO) (FSE:P2Q) (“Eloro” or the “Corporation”) is pleased to announce the initiation of the next stage of exploration, including exploratory drilling at the La Victoria Gold Property (“La Victoria”) in the North-Central Mineral Belt of Peru.  EHR Resources Limited (“EHR”), which currently holds a 10% interest through its Peruvian subsidiary and is earning up to a 25% interest in La Victoria, has notified Eloro that it is proceeding with the Stage 2 Earn-in period described further below. Eloro’s Peruvian subsidiary currently owns a 90% interest in La Victoria. read more

Manganese X Updates Metallurgical Development Progress & Creation of Technology Division

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Maganese X Energy, V.MN

Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (OTC Pink: SNCGF) (the “Company” or Manganese X ) committed itself in early 2017 to achieve a fundamental understanding of the mineralogical composition of the various manganese bearing zones within its Battery Hill deposit to assist in its metallurgical evaluations. With the use of scanning electron microscopy, or Qemscan, X-Ray Diffraction and other techniques, the company was able to build an extremely detailed portrait of the various ore types contained in the major zonal deposits, to a far greater level of comprehension than had been obtained since the first discovery of manganese in southern New Brunswick in 1836. read more

Cartier now owns 50% of the Fenton property

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Cartier Resources

Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce that it has completed its commitments to acquire a 50% interest of the Fenton property, located 50 km southwest of Chapais and 50 km north of Osisko’s Windfall Lake gold deposit in the heart of the Urban-Barry’s belt. SOQUEM and Cartier now form a joint venture to continue exploration of the property for which no royalty has been granted. This acquisition constitutes an additional asset corresponding to Cartier’s strategy. read more

Enforcer Gold Reports 54.5 Meters of 1.2 g/t Gold and Discusses Bulk-Tonnage Potential of the Mop-II Gold-Copper Deposit, Roger Project

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V.VEIN, Enforcer Gold, gold, Quebec, Steve Roebuck

Enforcer Gold Corp (“Enforcer” or the “Company”) (TSX-V: VEIN – FSE: N071) is pleased to report on the preliminary results from evaluating historical drill data on the Mop-II gold-copper deposit. The Mop-II was historically explored as a higher-grade, vein type deposit; however, a review of the data indicates there is significant potential to define a high-tonnage, lower-grade deposit that could be evaluated for its bulk mineable potential. read more