Month: January 2018

Blue Sky Expands High Grade Core of Ivana Target; and, Commences Resource Estimation at Amarillo Grande Uranium-Vanadium Project, Argentina

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Blue Sky Uranium Corp. (TSX-V:BSK) (FSE:MAL2) (OTC:BKUCF), (“Blue Sky” or the “Company”) is pleased to report that additional analytical results from the Phase II reverse circulation (RC) drilling program have expanded the higher-grade uranium mineralized corridor by a further 1 kilometre at the Ivana target on its 100% owned Amarillo Grande uranium-vanadium project, in Rio Negro Province, Argentina.  In addition to the lateral expansion, infill drilling results include areas of significant grade-times-thickness (i.e. 15 holes averaging 13 metres @ 522 ppm U3O8), and individual results as high as >1% (10,517 ppm) U3O8.  The Company has engaged a team of independent qualified people (Bruce Davis Ph.D., F.AusIMM, of BD Resource Consulting Inc., Susan Lomas P.Geo of Lions Gate Geological Consulting Inc., and Jon Thorson, Ph.D., CPG) to complete a maiden resource estimate, and associated NI 43-101 Technical Report, for the Amarillo Grande project. read more

Cartier Starts 2018 With $ 16,000,000 in its Coffers and Four Drills on the Chimo Mine Property

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Cartier Resources

Cartier Resources Inc. (TSX-V: ECR) (“Cartier”) is pleased to announce that 4 drill rigs are currently in operation on the Chimo Mine property, located 45 km east of Val-d’Or, to complete 20,000 m of drilling in the coming months.The program is intended to explore the depth and lateral extensions of 23 known gold zones in order to expand their dimensions (VIDÉO 3D). read more

TerraX acquires Ptarmigan Mine property on Eastbelt, Yellowknife City Gold

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TerraX expands Yellowknife City Gold field exploration program

TerraX Minerals Inc.    (TSX.V: TXR; OTC Pink: TRXXF; Frankfurt: TX0) is pleased to report that it has entered into an agreement to acquire the Ptarmigan Mine property, located within its Eastbelt property, Yellowknife City Gold Project (see map here).

The Ptarmigan Mine (“Ptarmigan”) was a gold producer in the Yellowknife gold district from 1941-42, in 1983 and from 1985-1997. The main Ptarmigan vein was accessed by a shaft extending to 275 meters depth and mined over 400 meters of strike length. Production from Ptarmigan totaled 364,874 tonnes producing 112,213 ounces of gold (average 9.56 g/t Au recovered). The gold is free milling with recoveries in the 1940’s reported at 97-98%. Gold recovery in the 1985-97 period consisted of gravity and flotation concentration with reported recovery of 94%. When the mine closed in 1997 the vein was still open along strike to the west on claims now owned by TerraX, and open down dip below the mine workings. (Source: The Operation History of Mines in the Northwest Territories, R. Silke, 2009; and Treminco Resources Limited, Annual Report 1990). read more

Dundee Precious Metals Exceeds 2017 Gold Production Guidance and Provides Notice of Fourth Quarter and Full Year 2017 Financial Results

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Dundee Precious Metals

Dundee Precious Metals Inc. (TSX:DPM) (“DPM” or “the Company”) announced its mine and smelter production results for the three months and year ended December 31, 2017 and confirmed the timing of the release of fourth quarter and full year 2017 operating and financial results, together with the related conference call and webcast. read more

GGX Gold Extends Drilling Targets 600 Meters

JayCurrie
GGX Gold logo

Vancouver, British Columbia (FSCwire) – GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) is pleased to announce the receipt of soil sample analytical results from the 2017 fall program on the Gold Drop Property, located in southern British Columbia. The soil sampling geochemical program was conducted in the Gold Drop Southwest Zone between the COD gold showing and the COD North gold showing and north of the gold bearing Everest vein. The program identified gold soil anomalies including high values of 0.061, 0.073 and 0.088 ppm gold. read more

Enforcer Gold Enters Option and Joint Venture Agreement on the Roger Gold-Copper Porphyry Property, Quebec

JayCurrie
V.VEIN, Enforcer Gold, gold, Quebec, Steve Roebuck

TORONTO, Jan. 11, 2018 /CNW/ – Enforcer Gold Corp (“Enforcer” or the “Company”) (TSX-V: VEIN – FSE: N071) is pleased to announce it has entered into an option and joint venture agreement with SOQUEM Inc. (“SOQUEM”) to acquire a 50% interest in the Roger Property (“Roger” or the “Property”) located in the prolific Abitibi greenstone belt, 5 km from Chibougamau, Quebec. read more

MGX Minerals Appoints Christopher Wolfenberg to Board of Directors

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CSE:XMG, MGX Minerals, lithium,

VANCOUVER, British Columbia, Jan. 11, 2018 (GLOBE NEWSWIRE) — MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to announce the appointment of Christopher Wolfenberg to the Company’s Board of Directors. Mr. Wolfenberg is a Partner with the law firm of Fasken Martineau LLP. Prior to his current position he was a Partner with Norton Rose Fullbright. He provides practical advice to select clients active in the mining, technology and energy sectors and has acted as an officer and director of numerous public, private and non-profit entities. Mr. Wolfenberg holds a Bachelor of Social Sciences from the University of Ottawa, a Bachelor of Laws from Queen’s University and a Master of Laws from Cornell Law School. Mr. Wolfenberg is a member of the Law Society of Alberta. read more