Margaux Resources Ltd. Submits Application for Regulatory Approval of Jersey-Emerald Tungsten Tailings Bulk Sample; Announces Appointment of New CFO

V.MRL, Margaux Resources, tungsten, BC

Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) (“Margaux” or the “Company”) is pleased to report that it has submitted a joint application to the British Columbia Ministry of Energy, Mines & Petroleum Resources, and the Ministry of Environment & Climate Change Strategy, for a Permit under the BC Mines Act to undertake a Bulk Sample of up to 10,000 tonnes of historic tailings from the historic Jersey-Emerald mine (“Bulk Sample”), in southeastern BC.[...] read more

Margaux Resources and CRONIMET Agree to Assess the Historic Jersey Tailings for the Economic Recovery of Tungsten

V.MRL, Margaux Resources, tungsten, BC

Margaux Resources Ltd. (TSX VENTURE:MRL, OTCQB:MARFF) (“Margaux” or the “Company”) is pleased to announce it has signed a term sheet with CRONIMET Mining Processing AG (“CRONIMET”), a business unit of the CRONIMET Mining Group. The parties have agreed to perform a preliminary assessment towards determining the potential economic feasibility of recovering minerals from the historic tungsten tailings from the Jersey-Emerald mine (“Tailings”). Subject to receiving positive results from the preliminary assessment, project funding, regulatory approvals and permitting funding, the Jersey-Emerald Tailings Project (“JET Project”) will advance to the next stage of assessment by expanding the operations to the pilot scale as further described below.[...] read more