Dundee Precious Metals announces 2017 Fourth Quarter and Annual Results and 2018 Guidance
All monetary figures are expressed in U.S. dollars unless otherwise stated)
Annual Financial and Operating Highlights:
Month: February 2018
Lomiko Overview
Our friend Paul Gill is pushing ahead in the graphite exploration business with Lomiko’s La Loutre Flake Graphite Project located in Quebec. However the company is also working in the cryptocurrency space with a new investee company, Promethieus Crypto Currency.
Bonterra Announces $21.5 Million Private Placement
Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “Bonterra“) is pleased to announce that it has entered into an agreement with Sprott Capital Partners to act as lead agent (the “Lead Agent“), on its own behalf and, if applicable, on behalf of a syndicate of agents (collectively with the Lead Agent, the “Agents“), in connection with a marketed private placement to raise gross proceeds of $21,495,000 (the “Offering“).
Blue Sky Uranium: At Surface in Argentina
Did you know that Argentina is the largest generator of electricity from nuclear energy in South America? Or that it imports all of the 500,000 pounds a year of uranium that its three nuclear reactors use? Or that Argentina has one additional nuclear reactor under construction and two in the planning stages?
Cartier Cuts 4.7 g/t Au over 5.1 m Including 17.7 g/t Au over 0.5 m at Chimo Mine
Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce new results from its ongoing 30,000-m drill program on the Chimo Mine property, situated 45 km east of Val-d’Or. These new results were intersected at a depth of 650 m along the extensions of Zones 5N and 5M.
MGX Minerals Commences Lithium Brine Testing in Chile; Multiple Projects to be Evaluated
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to announce the Company has commenced joint brine testing with four Chilean mining companies at multiple salars (the “Projects”) located throughout Chile. The Projects are at various stages of development. The purpose of joint testing is to provide a basis for future potential joint-venture locations that will utilize MGX’s lithium extraction technology. All samples are being shipped to Calgary, Alberta to undergo pilot plant testing.
MGX: Riding the Energy Transition
To get a handle on MGX Minerals (C.XMG) and its frenetic CEO Jared Lazerson you have to understand Lazerson’s underlying vision of energy technology in transition. For Lazerson the renewables revolution, the need for efficient energy storage solutions and the broad range of “battery” metals all coalesce into a set of opportunities.
Rye Patch Gold Hires Chief Operating Officer
Rye Patch Gold Corp. (“Rye Patch” or the “Company“) (TSX.V: RPM; OTCQX: RPMGF; FWB: 5TN) is pleased to announce the appointment of Mr. Douglas M. Jones, B.Sc. Mining Engineering, as the Company’s Chief Operating Officer.
MGX Minerals Announces Advancement in Nanofiltration Lithium Technology; Commences Initial Design of 2400 Cubic Meter Per Day Plant
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to report the adsorbtion rate for the Company’s lithium extraction nanofiltration process (the “System”) has been increased from 20mg/g, milligram of lithium per gram of adsorbtion reagent, to an optimized 40mg/g Li/reagent. This reflects a doubling of adsorbtion rate and a significant cost cutting breakthrough as reagents reflect the single largest cost in the Company’s lithium extraction process. This advancement reduces reagent use and the direct cost of lithium chloride recovery from brine. Additionally, reagent depletion in the lithium nanofilter has now been reduced to less than 1% per cycle, increasing the operating time and associated recovery for the lithium nanofilter prior to requiring recoating with the reagent.
Bayhorse Silver Inc. Commences Mining the Legend Zone at the Bayhorse Silver Mine; Ships First Ore-Sorted Upgraded Mineralization, Oregon, USA
Bayhorse Silver Inc. (TSXV: BHS) (“Bayhorse” or the “Company”) has shipped the first upgraded mineralization from the Ore-Sorter at the Bayhorse Mine, Oregon, USA, to Mineral Solutions of Coeur D’Alene, Idaho, USA for further processing.