Echelon covers Victoria Gold
Echelon Wealth Partners commented on today’s Victoria Gold news release,
Year: 2017
Marathon Gold Expands Senior Management, Robbert Borst to manage upcoming Preliminary Economic Assessment
Marathon Gold Corporation (Marathon or the Company) (TSX:MOZ) Marathon Gold is pleased to announce the addition of Mr. Robbert Borst to manage the companypcoming PEA. He will be starting with Marathon effective October 1, 2017.
Metallic Minerals begins Royalty Program
Metallic Minerals (V.MMG) has a press release out today announcing an option agreement to acquire 36.4 square kilometres (“km2”) of mining rights along the Australia Creek drainage, a tributary to the Indian River, in the Klondike gold district near Dawson City, Yukon. In the same release Metallic announces that it has entered into a production royalty agreement for 2.4 kilometers of that property which will give Metallic a 12% royalty on gold produced.
Peartree Securities on the Yukon
Excellent perspective piece on the Yukon mining scene by Gary Baschuk of Peartree Securities. Peartree specializes in flow through shares which finance so much of the exploration which takes place in Canadian Mining and Baschuk has seen a lot of exploration camps. It is interesting to see companies like Victoria Gold, Atac Resources and Western Copper and Gold through a finance guy’s lens.
Victoria Gold: Olive Exploration Results include 33.3 meters of 1.54 g/t Au
Victoria Gold Corp. (TSX VENTURE: VIT) (“Victoria” or the “Company”) is pleased to announce the receipt of additional analytical results from the on-going 2017 Dublin Gulch (the “Property”) exploration campaign. These results include seven exploration holes completed in the Olive target area in 2017, where exploration efforts concentrated on previously undrilled areas south and west of the main Olive-Shamrock Zone into which the Olive Shear Zone was interpreted to extend. These results further demonstrate the successful application of the Potato Hills Trend mineralization model on the Dublin Gulch Property and it’s ability to identify additional gold mineralization proximal to defined gold deposits.
Canadian Orebodies Intersects 32.4 Metres of 1.4g/t Au, Including 5.0 Metres of 4.2g/t Au at Wire Lake
Canadian Orebodies Inc. (the “Company”) (TSX VENTURE:CORE) is pleased to announce the second batch of core assays from its summer drill campaign at the Wire Lake Project. The program consisted of twenty-two holes being drilled (WL-2017-001 to 009, 009A, and 010 to 021) totaling 3,069 metres.
NexGen Acquires Remaining 40% Interest in the Dufferin Lake Property
NexGen Energy Ltd. (“NexGen” or the “Company“) (TSX:NXE, NYSE: NXE) is pleased to announce that it has entered into a purchase agreement (the “Purchase Agreement“) with Rainmaker Resources Ltd. and Eagle Trail Properties Inc. (collectively, the “Vendors“) to acquire the Vendors’ collective 40% interest in the Dufferin Lake property (the “Property“). Upon closing of the transaction, the Company will hold a 100% interest in the Property. See figure 1 for a map illustrating the location of the Property.
Tahoe Resources gets its Guatemalan licence back
Tahoe Resources Inc. (TSX: THO, NYSE: TAHO) (“Tahoe” or the “Company”) reported today that the Guatemalan Supreme Court issued a decision that reinstates the Escobal mining license of Tahoe’s Guatemalan subsidiary, Minera San Rafael (“MSR”). This decision reverses the Supreme Court’s preliminary decision to suspend MSR’s license in connection with an action brought by the anti-mining organization, CALAS, against Guatemala’s Ministry of Energy and Mines (“MEM”). CALAS alleges that MEM violated the Xinca indigenous people’s right of consultation in advance of granting the Escobal mining license to MSR. (full release here)
Marathon Drills Deeper High-Grades at the Marathon Deposit: 3.39 g/t Au over 28m with 16.71 g/t Au over 5m Valentine Lake Gold Camp, Newfoundland
TORONTO, Sept. 07, 2017 (GLOBE NEWSWIRE) — Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) is pleased to report continued positive drill results from the Marathon Deposit, Valentine Lake Gold Camp, central Newfoundland. New infill drilling further confirms the continuity of good gold grades through the 75-100-meter wide and more than 500-700-meter deep mineralized corridor of the Marathon Deposit, further enhancing the upgrading of Inferred resources to Measured and Indicated resource categories. Drilling down the east edge of the main mineralized corridor intersected high-grade gold values including 3.45 g/t Au over 20 meters with 5.60 g/t Au over 9 meters and 12.85 g/t Au over 6 meters in MA-17-189, and 2.85 g/t Au over 15 meters with 30.72 g/t Au over 1 meter in MA-17-190. Steep drilling across the main mineralized corridor intersected 1.73 g/t Au over 43 meters with 4.36 g/t Au over 6 meters, 2.11 g/t Au over 19 meters and 4.72 g/t Au over 5 meters in MA-17-196, and 3.39 g/t Au over 28 meters with 16.71 g/t Au over 5 meters in MA-17-199 (Figure 1).
Cache Exploration Acquires 100% of Kiyuk Lake Gold Project, Nunavut
September 7, 2017 / TheNewswire / Vancouver, British Columbia – Cache Exploration Inc. (the “Company”, or “Cache”), (TSX-V:CAY) is pleased to announce that it has made the final payment to Montego Resources Inc. for the acquisition of 100% of the Kiyuk Lake Gold Property through payment of $300,000 by the issuance of up to 3,000,000 Common shares of the Company having a deemed value of $0.105 per Share (“Shares for Debt Settlement”)