Marathon’s Exploration Drilling of Bog Area between Marathon and Sprite Deposits Hits 7.27 g/t Au over 5.0 meters and 2.93 g/t Au over 5.0 meters, Valentine Lake Gold Camp, Newfoundland PEA on Schedule for mid-May completion
Highlights:
I had a ton of fun doing the Video Signature (wait for it) interview with Mike Rowley of Group Ten Metals. (T.NG) Greg Johnson of Metallic Minerals sat in and we got great footage.
The Bayhorse Property, located near Huntington in south eastern Oregon, was the location of the largest silver deposit ever found in the state. It was mined in the early twenties and then again in 1984 when the price of silver dropped below $5 per ounce.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) is pleased to announce the Company has chosen to proceed with its previously announced partnership with Highbury Energy Inc. (“Highbury”) to develop a detailed thermochemical gasification process to extract metals such as nickel, vanadium, cobalt and hydrogen from petroleum coke (“Petcoke”).
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”) has completed a 30-hole, 3,000 metre diamond drill program on the Northeast Dyke at its Case Lake Property near Cochrane, Ontario. Drilling successfully intersected multiple course-grain pale green spodumene zones at shallow depths and over good intervals (see Figure 1). All drill core has been shipped to SGS Canada Inc. for assay.
Bayhorse Silver Inc., (TSXV: BHS) (“Bayhorse” or the “Company”) is pleased to report additional high silver assays from the Legend, Sunshine and Big Dog mineralized zones, Bayhorse Silver Mine, Oregon, USA.
Blue Sky Uranium Corp. (TSX-V:BSK) (FSE:MAL2) (OTC:BKUCF) (“Blue Sky” or the “Company”) is pleased to announce a non-brokered private placement financing of up to 6,780,000 units at a price of $0.20 per unit for gross proceeds of $1,356,000.
Canadian Orebodies Inc. (the “Company”) or (“Orebodies”) (TSX-V:CORE) is pleased to announce that it has purchased the “Goodchild Lake” mining property (the “Property”) which covers a strategic and highly prospective land holding in the middle of the Company’s 100% owned Black Raven project. The Property consists of 25 claim units totaling approximately 400 hectares, increasing the Company’s land holding in the immediate area to over 20,000 hectares.
Blue Sky Uranium Corp. (TSX-V:BSK) (FSE:MAL2) (OTC:BKUCF) (“Blue Sky” or the “Company”) is pleased to announce the appointment of Guillermo Pensado to the role of Vice President, Exploration & Development and Connie Norman as Corporate Secretary.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to report that shareholders voted in favor of all resolutions brought forth at the Company’s annual general meeting of shareholders (the “Meeting”) held on Thursday, February 15, 2018 in Vancouver, British Columbia.