Renforth Resources Inc. (CSE – RFR) (OTC Pink – RFHRF) (WKN – A2H9TN) (“Renforth” or the “Company”) would like to inform shareholders that initial test metallic screening at Parbec has returned higher coarse gold values in each sample tested. Due to these results a broader metallic screen study has commenced on our wholly owned Parbec property.
Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company”) announced today that it has entered into an agreement with Seabridge Gold Corp. for the sale of a 100% interest in the 3 Aces gold project located in Canada’s Yukon, for 300,000 Seabridge common shares, contingent future cash payments totaling $2.25 million and a 0.5% net smelter return royalty on the entire 3 Aces gold project. The arrangement includes an immediate cash payment to Golden Predator of $263,000 for reimbursement of previously incurred expenses. Closing of the transaction is subject to completion of due diligence by Seabridge and the approval of the applicable stock exchanges.
GR Silver Mining Ltd. (TSXV: GRSL, FRANKFURT: GPE, OTCQB: GLYXF) (“GR Silver” or the “Company”) – further to its news release of March 2, 2020, the Company is pleased to announce that it has now completed the acquisition of the Plomosas Silver Project (“Plomosas Project“) from First Majestic Silver Corp. (NYSE: AG,TSX: FR, FRANKFURT: FMV) (“First Majestic“).
Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company”) reports the Company remains committed to a restart of the Brewery Creek Mine and reports that leaching of column test work commenced this week at McLelland Labs in order to advance the Feasibility Study. This important test work provides critical optimization data for crush size, compaction and percolation for the reprocessing of the heap leach material.
Renforth Resources Inc. (CSE:RFR)(OTC Pink:RFHRF)(WKN:A2H9TN) (“Renforth” or the “Company”) is pleased to offer shareholders the following update on our activities, which are “business as usual” in this COVID-19 environment.
Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company”) reports continuing positive drill results from its 2019 drill program at its 100% owned and licensed Brewery Creek Mine project located 45 minutes from Dawson City, Yukon. Step-out drill holes at the Lucky Zone along Brewery Creek’s prolific Reserve Trend extended gold mineralization an additional 100 m of strike length to the southwest of the historic Lucky Pit. Nineteen of the 20 drill holes reported today encountered significant gold grades. The holes released today also confirm the down dip continuation of mineralization below the historic Lucky pit and the known resource area.
- A total of 76 samples were selected and metallic screen assayed from the core rejects from Fall 2019 drill program
- Results from metallic screen selection demonstrate the presence of coarse gold
- 51 out of 76 samples submitted for metallic screen returned assay values from the “plus” portion of the metallic screen higher than the original fire assay values. This includes 70.1 g/t Au in the plus fraction where the original full sample fire assay was 11.2 g/t Au, the new full sample metallic screen assay is 10.5 g/t Au. The lower full sample values reflect the inclusion of screened, finer material of a lower grade as discussed below.
PICKERING, ON / ACCESSWIRE / March 9, 2020 / Renforth Resources Inc. (CSE:RFR) (OTC Pink:RFHRF) (WKN – A2H9TN) (“Renforth” or the “Company”) is pleased to confirm, via an initial metallic screen program, the presence of coarse, or “nugget effect” gold, which, in 51 of the 76 samples tested returned a higher “plus screen” assay value than the original full sample fire assay value, as seen below.