Year: 2017

Argentina Lithium Expands Holdings, Plans Up to 10,000 metres of Drilling at Lithium Projects

MotherlodeTV
Argentina Lithium, V.LIT

Argentina Lithium & Energy Corp. (TSX-V:LIT) (FSE:OAY1) (WKN:A0RK7E) (OTC:PNXLF) “Argentina Lithium” or the “Company”) is pleased to provide an update on exploration programs on its two active lithium exploration projects at the Arizaro and Incahuasi salars located in the prolific Lithium Triangle in Argentina.  Due to an increase in activities, a new Project Manager is being hired to manage exploration moving forward. read more

MGX Minerals Announces Case Lake Lithium Project Drilling Nears Completion

MotherlodeTV
CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to report that joint venture partner Power Metals Corp. (“Power Metals”) is nearing completion of the 5,000 metre drill program at Case Lake Lithium. Forty-four holes have been completed to date. The program has been extended and five more shallow holes are planned for a total of 49 drill holes (See Figure 2 below). read more

Bonterra Identifies New “Barbeau Gold Zone” at the Gladiator Gold Deposit with Intersection of 22.2 g/t Au over 1.9 m

MotherlodeTV
Bonterra, V.BTR, gold

BTR.V - Gladiator Deposit Schematic Level Plan. November 16, 2017 (CNW Group/BonTerra Resources Inc.)

BTR.V – Gladiator Deposit Schematic Level Plan. November 16, 2017 (CNW Group/BonTerra Resources Inc.)

Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce the identification of a fifth new parallel gold zone at the Gladiator Gold Deposit. This new “Barbeau Zone”, intersected by six drill holes up to 800 m below surface, was identified south of the “South Zone”. The Company is aggressively completing its 2017 Resource Development Program, with four diamond drill rigs completing a 50,000 m program. In addition, multiple holes are in the lab with assays pending, and Bonterra expects to expand to six drill rigs during the upcoming 2018 winter season. read more

Transition Metals: Pipeline growth without dilution

JayCurrie
V.XTM, Transition Metals, gold, Ontario, Scott McLean

Transition (V.XTM) CEO Scott McLean is very clear about the difference between a project generator and a junior explorer, “The big difference is that a traditional junior will raise money by diluting the shareholder’s equity to fund the advancement of one or two projects.   Under the project generator business model, the Company holds multiple projects and the exploration is funded by a partner in return for a stake in a specific project. This model allows projects to be funded with minimal shareholder equity dilution. The approach leverages the investor’s exposure to the upside that can come from discovery in a manner that insulates the downside that can come from excessive shareholder dilution if results prove unfavourable” read more

Marathon Gold Buys Back the 3% Precious Metals and 2% Base Metals Royalty on the Valentine Lake Gold Property in Newfoundland

MotherlodeTV
T.MOZ, Marathon Gold, gold, Newfoundland, Phillip Walford

Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) Marathon Gold Corporation is pleased to announce that it has acquired the 3% precious metals NSR royalty and the 2% base metals NSR royalty on its Valentine Lake gold property in central Newfoundland from a third party for US$8.7 million. Marathon believes this purchase is in the best interest of the Company as it continues to develop the Valentine Lake property. read more