Year: 2018

Golden Predator Announces Drilling to Begin at High Grade Sprogge Target at 3 Aces Project; Winter Drill Program Confirms Exploration Model

MotherlodeTV
Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSX-V:GPY) (OTCQX:NTGSF) (the “Company” or “Golden Predator”) announced today that diamond drilling will begin in early July at the high grade gold, 100% owned Sprogge Area of its 3 Aces project in southeastern Yukon, Canada (Figure 1). The Sprogge program will follow the model tested and confirmed by this winter’s drilling in the Central Core Area in which 12 of 15 holes successfully hit the quartz-rich target structure and confirmed the model for gold deposition at 3 Aces. read more

El Mochito Delivers High-Grade Intercepts Including 8.6 Metres at 9.6% Zinc Equivalent in Drilling Subsequent to Recent Resource Update

MotherlodeTV

Ascendant Resources Inc. (TSX:ASND) (OTCQX:ASDRF) (FRA:2D9) (“Ascendant” or the “Company”) is pleased to announce results from 40 diamond drill holes (12,015 metres) as part of the 2018 exploration and definition drilling program at its El Mochito mine in Honduras. These results come after the release of the Company’s newly reported Mineral Resources and Reserves Estimate and National Instrument 43-101 Technical Report (see press release dated May 28th, 2018), which almost tripled contained zinc in Mineral Reserves and extended its life of mine to more than 7 years. The drilling is split between step-out (66%) and in-fill (34%) drill holes, and targets extensions of four ore bodies, namely Porvenir, Santa Elena, Port Royal Manto and Esperanza (See Figure 1 and Tables 1 & 2 below). These results continue to support the Company’s goals of increasing tonnage for further Mineral Reserve and Resource growth and identifying higher-grade ore at El Mochito that can quickly be brought into the mine plan. read more

NEXGEN ANNOUNCES POSITIVE RESULTS FROM ARROW PROJECT STUDIES

JayCurrie
T.NXE, NexGen, uranium
Cision

VANCOUVER, June 13, 2018 /CNW/ – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE MKT: NXE) is pleased to report the positive results from Pre-Feasibility-stage technical studies including metallurgical, geotechnical, and hydrogeological assessments. These studies were conducted on the basement-hosted Arrow Deposit, located on the Company’s 100% owned Rook I project in Saskatchewan’s Athabasca Basin. read more

White Gold Corp. Announces C$10 Million Private Placement of Flow-Through Common Shares. Agnico Eagle Mines and Kinross Gold Corp to Maintain 19.9% Interest

MotherlodeTV

White Gold Corp. (TSX.V:WGO) (OTC – Nasdaq Intl:WHGOF) (FRA:29W) (the “Company” or “White Gold”) is pleased to announce it has entered into an agreement with Clarus Securities Inc. (“Clarus”) pursuant to which Clarus, together with GMP Securities L.P (“GMP”, together with Clarus the “Lead Agents”) and a syndicate including Primary Capital Inc., Canaccord Genuity Group Inc., and Sprott Capital Partners L.P (together with the Lead Agents the “Agents”) will act on behalf of the Company, on a “best efforts” agency basis, in connection with a brokered private placement (the “Offering”) of up to 10,526,600 flow-through common shares (each a “Flow-Through Share”), at a price per Flow-Through Share of $0.95 (the “Offering Price”), for aggregate gross proceeds of up to $10,000,270. read more

Eloro Resources Announces Director Appointment, Changes and Additions to Management, and Stock Option Grant

MotherlodeTV
V.ELO, Eloro Resources, Peru, gold, Tom Larsen

Eloro Resources Ltd. (TSX-V:ELO) (FSE:P2Q) (“Eloro” or the “Corporation”) is pleased to announce that the Corporation has appointed Philip Garratt, GAICD, as a member of Eloro’s Board of Directors, William (Bill) Pearson, Ph.D., P. Geo. as Eloro’s President and Charles L. Fyfe A. as General Manager of Compañia Minera Eloro Peru S.A.C., the Corporation’s wholly-owned Peruvian subsidiary. read more

FSD Pharma breaks all-time weekly volume trading record

MotherlodeTV

FSD Pharma Inc. (“FSD” or the “Company”) (CSE:HUGE), is pleased to report that in the first 5 consecutive days of trading, the company traded exactly 259,230,820 Class B subordinate voting shares on the Canadian Securities Exchange (“CSE”). This is the largest total quantity of share volume ever traded by a CSE listed issuer within one week of trading. Comparatively, the largest traded issuer prior to FSD traded 173,066,005 shares in a 5 consecutive trading day period. This is a new record for the CSE. FSD trading volume was 49.78% larger than the previous record holder, as confirmed by the CSE. read more

La Victoria Project Update

Major New Gold Zone Identified at Rufina 4000 meter Drill Program to commence immediately
MotherlodeTV
V.ELO, Eloro Resources, Peru, gold, Tom Larsen

Eloro Resources Ltd. (TSX-V:ELO) (FSE:P2Q) (“Eloro” or the “Corporation”) and its joint venture partner EHR Resources Limited, are pleased to announce that they are proceeding with a 4,000m diamond drilling program to test the Rufina and San Markito target areas on the La Victoria Au Property in the North-Central Mineral Belt of Peru.  The drill permit for Rufina has been issued and Energold Drilling Peru S.A.C.SA has been recommissioned to undertake this work program commencing immediately. read more