Arizona Mining’s Updated PEA Indicates US$2.0 Billion NPV, First 5 Years Average Annual Silver Production in Concentrate of 9.5 Million Ounces
All amounts expressed in US$ and short tons unless otherwise indicated)
Day: January 16, 2018
Eloro Resources Intersects 7.31 g Au/t over 3.4m in Upper Part of Major Epithermal System in First Reconnaissance Drilling at La Victoria Au Project, Peru
Eloro Resources Ltd. (TSX-V:ELO) (FSE:P2Q) (“Eloro” or the “Corporation”) is pleased to announce that it has completed 2,261m of reconnaissance diamond drilling in 8 holes at the Rufina Target on the La Victoria Au Property in the North-Central Mineral Belt of Peru. Figure 1 is a plan map showing locations of the drill holes and hole traces. Holes ERU-01, -02, -03, -04 and -09 are on a NE-SW cross section approximately 800m long. Holes ERU-06, -07 and -08 are on a parallel cross section 500m long approximately 100m north of the first section. Significant values are shown in Table 1 below. Highlights include (all core lengths):
MGX Minerals Partners with Highbury Energy to Extract Nickel, Vanadium, and Cobalt from Petroleum Coke
MGX Minerals Inc. (“MGX” or the “Company”) (CNSX: XMG, FSE: 1MG, OTCQB: MGXMF) is pleased to report the Company has engaged Highbury Energy Inc. (“Highbury”) to assist in preparing a detailed process to extract metals such as nickel, vanadium, and cobalt from petroleum coke (“petcoke”).
Golden Predator Reports Additional High-Grade Drill Results from 3 Aces Project
Golden Predator Mining Corp. (TSX-V:GPY) (OTCQX:NTGSF) (the “Company” or “Golden Predator”) today reported results of 43 Grade Control drill holes at the 3 Aces Project in southeast Yukon, including the highest gold assays returned to date from drilling on the project.