NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE, NYSE MKT: NXE) is pleased to announce that the largest drill program in the Company’s history focused on optimizing mine development has begun at our 100% owned, Rook I property, in the Athabasca Basin, Saskatchewan. The drill program results will be incorporated into a NI43-101 Bankable Feasibility Study (“FS” or the “Study”), building on the successful outcomes highlighted in the Company’s Pre-Feasibility Study (“PFS”) (see News Release dated November 5, 2018) which demonstrated the Arrow Project to be an exceptional development opportunity for NexGen, Saskatchewan and Canada.
Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company”) today announced results of the 2018 drill program in the Central Core Area at the 3 Aces Project in southeast Yukon, Canada, which was completed to test for extensions of the high grade structures outcropping in the Hearts Zone. Seven HQ diamond drill holes consistently intercepted two parallel, closely spaced gold-bearing structures along 220m of strike and 500m down dip from the Hearts discovery outcrop. This was the deepest drilling to date on the project and the structures in the Hearts Zone continue to be open in all directions along strike and at depth.
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce that the exploratory program carried out in the December quarter of 2018 at the San Marcial Project, located in the Rosario Mining District, Sinaloa, Mexico, has expanded the Ag-Zn-Pb-Au mineralized trend beyond the historic NI 43-101 resource area (“historic resource”), with five new exploration targets identified.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FSE: 1MG) and engineering partner PurLucid Treatment Solutions (“PurLucid”) are pleased to report commissioning results from its commercial-scale 5m3 per hour (750 barrel per day) NFLi-5 advanced wastewater treatment system. The system is currently operating and under contract with an oilsands SAGD operator to process evaporator blowdown water (EBD). The study focused on a 3-week operational period in December 2018 as preparation for an additional in-line deployment of a new 10m3 per hour (1500 bpd), which is now underway.
At the request of IIROC, the Company wishes to retract and clarify certain disclosure in its January 15, 2019 news release. Specifically, the disclosure “doubling resource potential” is a violation of NI 43-101, 2.3(1)(a) – Restricted Disclosure, as “resource potential” is not a recognized term for Canadian securities legislation, nor can “resource potential” be “doubled” and is therefore misleading. All references to “resource potential” and “doubling resource potential” are retracted. The drill results disclosed in the news release should have been disclosed as exploration results and are accordingly clarified in this release.
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce the listing of its shares on the Frankfurt Stock Exchange under the symbol GPE effective January 15, 2019.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to report that shareholders voted in favor of all resolutions brought forth at the Company’s annual general and special meeting of shareholders (the “Meeting”) held on Friday, January 11, 2019 in Vancouver, British Columbia.
Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) (“Millennial” or the “Company”) is pleased to report that bench scale process test work completed by SGS Canada Inc. (SGS) in their facilities in Lakefield, ON on brine from the Company’s Pastos Grandes project in Salta, Argentina, has yielded battery grade (> 99.5% Li2CO3) lithium carbonate. Final purification testwork results yielded a lithium carbonate product that is 99.92% Li2CO3 with low levels of magnesium (Mg), calcium (Ca), boron (B), sulphate (SO4) and iron (Fe), with no other detectable metals.