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We’ve been reporting on Victoria Gold (V.VIT) for several years. CEO John McConnell has been convinced that there would be a mine at the Eagle Deposit Dublin Gultch in the Yukon. Today’s press release announcing a Comprehensive C$500 Million Financing Package for Eagle and Continuation of Construction Activities means that Victoria is financed right through until commercial production.
Argentina Lithium & Energy Corp. (TSX-V:LIT) (FSE:OAY1) (WKN:A0RK7E) (OTC:PNXLF), “Argentina Lithium” or the “Company”) is pleased to announce that it is expanding its lithium project portfolio in Argentina’s Lithium Triangle to include over 14,000 hectares on the Salar de Antofalla in Salta Province, Argentina. The new Project includes a combination of 100% owned property applications, and properties with the option to earn 100% through a combination of cash payments and work commitments.
Victoria Gold Corp. (TSX.V:VIT) “Victoria” or the “Company” is pleased to announce that it has entered into documentation with Orion Mine Finance (“Orion”), Osisko Gold Royalties Ltd (“Osisko”) and Caterpillar Financial Services Limited (“Caterpillar Financial”) with respect to a construction financing package totalling approximately C$505 million in aggregate (the “Financing”) that will fully fund the development of the Eagle Gold project through to commercial production. The Financing is comprised of:
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) is pleased to announce it has executed a Letter of Intent (the “LOI”) with Orion Laboratories, LLC (“Orion”) of Oak Ridge, Tennessee, and Light Metals International Inc. (“LMI”) of Vancouver, British Columbia, to jointly develop and commercialize a new process for extracting hard-rock lithium from spodumene concentrate.