Shawn Ryan: How to find gold in the Yukon
Just posted the first of many videos from the Yukon Mining Tour.
Just posted the first of many videos from the Yukon Mining Tour.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to announce that diamond drilling has commenced at its Koot silicon project (“Koot”) north of Cranbrook, BC. and proximate to the Company’s Driftwood Creek magnesium project. Preparations are also underway to commence a drill program on the Wonah silicon project (“Wonah”). Additionally, metallurgical test work has now commenced on mineralized material from the recently acquired Gibraltar silicon project (“Gibraltar”) for assessment of upgrading to standard and solar grade silicon metal. The Summer 2018 drill programs are designed to define initial N.I. 43-101 resource estimates at all three local silicon projects.
I am writing a series of articles over at Seeking Alpha on the ins and outs of the Canadian marijuana market and the public companies which are working in this space. Article #2 is a worms eye view of the various sorts of users who make up that market including people who might grow their own.
Bloomberg has an interesting article out on the difficulties lithium producers are having raising cash to go into production,
FSD Pharma Inc. (“FSD” or the “Company”) (CSE:HUGE) is pleased to provide an update on the progress of the joint venture between its wholly-owned subsidiary, FV Pharma Inc. (“FV Pharma) and Auxly Cannabis Group Inc. (TSX.V – XLY) (“Auxly”).
Millennial Lithium Corp. (TSXV: ML) (FSE: A3N2) (OTCQX: MLNLF) (“Millennial” or the “Company”) is pleased to announce that is has engaged WorleyParsons Chile S.A. to complete a Feasibility Study (FS) on its flagship Pastos Grandes Project in Salta, Argentina.
Advantage Lithium Corp. (the “Company” or “Advantage Lithium”) (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to file the NI43-101 report on the resource upgrade of the Company’s flagship Cauchari Lithium Project in Jujuy, Argentina. The update, prepared by FloSolutions, has increased the inferred resource to a volume of approximately 1,200 million cubic metres of brine at average grades of 450 mg/l lithium and 4,028 mg/l potassium for 3.0 Mt of Lithium Carbonate Equivalent (LCE) and is the basis for the Preliminary Economic Assessment (PEA) to be completed early in Q3 2018.
Aben Resources Ltd. (TSX-V:ABN) (OTCQB:ABNAF) (Frankfurt:E2L2) (the “Company”) is pleased to announce that the drill is now turning at the Boundary North Zone discovery at the Company’s 100% held 23,000-hectare Forrest Kerr Gold Project located in BC’s Golden Triangle region. Aben’s 2018 program will encompass a 5000-metre diamond drilling program in approximately 18 holes with the potential for program expansion.
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. and RBC Capital Markets (the “Co-Lead Underwriters”), pursuant to which a syndicate of underwriters led by the Co-Lead Underwriters (the “Underwriters”) will purchase, on a bought-deal basis, 2,900,000 flow-through common shares of the Company (“Flow-Through Shares”) at a price of $1.05 per Flow-Through Share and 5,900,000 common shares of the Company (“Common Shares”) at a price of $0.85 per Common Share for gross proceeds to the Company of $8,060,000 (the “Offering”). The Flow-Through Shares and Common Shares are collectively referred to herein as the “Shares”.
Since both modules are constructed from a number of identical cells, they constitute ideal candidates for manufacture by volume production methods such as injection molding, die casting and extrusion. These methods require stringent design rules to be followed to ensure efficient and reliable parts production. ZincNyx has now completed this process for the highest volume parts with the active participation of its chosen suppliers. ZincNyx expects to start receiving parts based on these designs within the next 4 to 6 weeks.