Defense Metals Corp. (“Defense Metals” or the “Company”) (TSX-V: DEFN/ DFMTF: OTCQB / 35D: FSE) is pleased to announce that further to its news release on December 13, 2019, it has closed a non-brokered private placement of 6,615,000 units (each a “Unit”) for gross proceeds of $661,500 (the “Private Placement”). As previously disclosed, each Unit was priced at $0.10 and is comprised of one common share and one common share purchase warrant (“Warrant”). Each Warrant is exercisable to purchase one common share of the Company at a price of $0.20 per share for a period of 12 months from the date of closing the Private Placement.
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) announces that it has made its final issuance of shares to a drilling contractor engaged under the shares for services previously announced on May 16, 2019. Under this issuance, the Company has issued 259,443 common shares at a deemed price of $0.185/share for services valued at $47,997. These shares are subject to a hold period expiring April 21, 2020, in accordance with applicable securities laws.
On December 19, 2019 White Gold (V.WGO) released drill results from its Vertigo Discovery on the JP Ross property in Yukon. We asked the company to give us a bit of background on the results and what its plans are for the Vertigo Discovery going forward.
White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to announce diamond drill results on the Vertigo target, located 25km north west of the Company’s flagship Golden Saddle & Arc deposit, on the road accessible JP Ross property, in the prolific White Gold District, Yukon, Canada. The Vertigo is one of the Company’s recent high-grade, near surface, gold discoveries generated through its methodological data driven exploration strategy. Drilling to date has encountered significant high-grade gold structures within a broad mineralized zone which remains open in all directions. The Vertigo is comprised of a 1.5km mineralized trend forming part of a 250km2 mineralized system with numerous newly identified targets. White Gold Corp’s fully-funded $13 million 2019 exploration program backed by partners Agnico Eagle Mines Limited (TSX: AEM, NYSE: AEM) and Kinross Gold Corp (TSX: K, NYSE: KGC) includes diamond drilling on the Vertigo target (JP Ross property), Golden Saddle & Arc deposits (White Gold property) as well as soil sampling, prospecting, GT Probe, trenching and RAB/RC drilling on various other properties across the Company’s expansive land package located in the prolific White Gold District, Yukon, Canada.
Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) announces that it has filed on SEDAR the technical report titled “NI 43-101 Technical Report and Mineral Resource Estimate, Chimo Mine Project, Central Gold Corridor, Val-d’Or, Quebec, Canada”, bearing the date of signature of the 17 December 2019.
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”), is pleased to announce that it has entered into a Letter of Intent (“LOI”) with Mako Mining Corp. (“Mako”), the sole shareholder of Marlin Gold Mining Ltd. (“Marlin”), pursuant to which it was granted the right to acquire 100% of the shares of Marlin (the “Marlin Shares”). Marlin is a private British Columbia company, 100% controlled by Mako. Marlin owns, amongst other assets, Oro Gold de Mexico, S.A. de C.V. (“Oro Gold”), a Mexican company that owns the La Trinidad mine facilities (“La Trinidad”), currently being decommissioned (Figure 1). Oro Gold also controls 100% of nine concessions (the “Concessions”) totaling 104,094.5 ha located adjacent to Goldplay’s existing portfolio in the historic Rosario gold-silver Mining District, Sinaloa, Mexico (Figure 2).
FSD Pharma (OTCQB:FSDDF) released news this morning that its shares had been approved for listing on the Nasdaq exchange. Big news for a company which, to date, was seen primarily as a Canadian venture. The Nasdaq listing reflects the company’s ongoing commitment to the American pharmaceutical market.
Eloro Resources Ltd. (TSX-V: ELO; FSE: P2QM) (“Eloro” or the “Corporation”) is pleased to announce that community elections in Pallasca, Ancash Department, Peru have been completed where a new President was elected. Eloro looks forward to working with the new President and the community in order to implement its plan to bring employment and benefits to the community in connection with the exploration of the San Markito Silver/Gold Zone.
FSD Pharma Inc. (CSE: HUGE) (OTCQB: FSDDF) (FRA: 0K9) (“FSD Pharma” or the “Company”) announces that Nasdaq has approved its application to have its Class B Subordinate Voting Shares (the “Shares”) listed on the Nasdaq Capital Market (“Nasdaq”). FSD Pharma expects the Shares to commence trading on Nasdaq in the near future.
Shawn Ryan is a brilliant prospector and he makes finding gold sound both scientific and easy. If you really want to understand the White Gold story watching this video is worth the time. Plus, Bob Moriarty gives his ten thousand foot overview of the gold market and all the macro issues he sees on the horizon.