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VANCOUVER, BRITISH COLUMBIA / September 21, 2017 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to announce that it has been provided with an update regarding ongoing drilling at its Case Lake Lithium Joint Venture with Power Metals Corp.
First Mining Finance Corp. (TSX:FF) (OTCQX:FFMGF) (FRANKFURT:FMG) (“First Mining” or the “Company”) is pleased to announce the positive results of an independent Preliminary Economic Assessment (“PEA”) for its Springpole Gold Project (the “Project”) in northwestern Ontario, Canada. The PEA was prepared in accordance with National Instrument 43-101 Standards of Disclosure for Mineral Projects (“NI 43-101”) by SRK Consulting (Canada) Inc. of Vancouver, Canada. The PEA describes the potential technical and economic viability of establishing a conventional open-pit gold mine-and-mill complex for the Project. The base case scenario utilizes long-term metal prices of $1,300 per ounce (“oz”) of gold (“Au”) and $20 per oz of silver (“Ag”).
We have been featuring a few of the presentations companies have been making at the Beaver Creek Precious Metals Summit. Having the video of the presentations is great but our friend Peter Norman at Talk-Deck offered to convert a few into a much richer media experience.
Interviewing MGX Minerals (CNX:XMG) CEO Jared Lazerson is like kayaking a level 5 rapid: you try to stay upright as the wash of information rushes over you. Lazerson has a lot to say because MGX has been exceptionally busy.
Bill Sheriff, Chairman of Golden Predator (V.GPY) presented at the Beaver Creek Precious Metals Summit.
Phil Walford, Marathon Gold (T.MOZ) CEO, presented at the Beaver Creek Precious Metals Summit.
“Results were characterized by relatively shallow intercepts (mostly within 100m down-hole), averaging 12.3m overall and returning an average grade of 0.78g/t Au and 12.82g/t Ag. True widths are estimated at between 70% to 80% of interval lengths. The results compare well with grades from recent work at Olive and Shamrock, and particularly with Shamrock insofar as being fairly shallow. Drilling at Spinach tested an area of approximately 400m by 400m. For comparison, the Eagle Gold deposit, which is now under construction, contains Proven and Probable reserves of 2.7Moz Au grading 0.67g/t Au, part of a wider resource containing 4.0Moz Au grading 0.65g/t Au in Measured and Indicated resources, and a further 0.5Moz Au grading 0.61 g/t Au in Inferred resources.”
Margaux Resources Ltd. (TSX VENTURE:MRL, OTCQB:MARFF) (“Margaux” or the “Company”) is pleased to provide an update on the Company’s initial fieldwork on its Ore Hill property, part of Margaux’s Kootenay Arc project in southern British Columbia.
Bonterra’s VP Exploration did the presenting honours for Bonterra at the Beaver Creek Precious Metals Summit.
Vancouver, British Columbia, September 19, 2017 – Advantage Lithium Corp. (the “Company” or “Advantage Lithium”) (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to announce further positive progress with its Cauchari JV drilling program where three drill rigs are now expanding the depth and lateral extent of the existing NI43-101 mineral resource dated December 20161.