Crown Mining Applies for Drill Permit at Moonlight
Copper is enjoying a bit of a run with the spot price hovering at just less than $3.00 a pound.
Copper is enjoying a bit of a run with the spot price hovering at just less than $3.00 a pound.
Skyharbour Resources Ltd. SYH)”>(TSX-V:SYH) (OTCQB:SYHBF) (Frankfurt:SC1P) (the “Company”) is pleased to announce it has commenced its winter 2019 diamond drilling program at its flagship 35,705 hectare Moore Uranium Project, located approx. 15 kilometres east of Denison Mine’s Wheeler River project and near regional infrastructure on the southeast side of the Athabasca Basin, Saskatchewan. The Company is planning to carry out a minimum of 3,000 metres of drilling in eight to ten diamond drill holes to follow up on the success of the drill programs completed last year. This drill program will test both unconformity and basement-hosted targets along the high grade Maverick structural corridor, as well as essentially untested prospective conductive corridors identified by Skyharbour’s technical team. Of particular interest are potential underlying basement feeder zones to the unconformity-hosted high grade uranium present along the Maverick corridor. These targets have seen limited historical drill testing.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) reported today that its collaborative research partnership with the University of British Columbia (“UBC”) has completed a comprehensive baseline assessment of metallurgical silicon originating from each of the Company’s three silicon projects in southeastern British Columbia. MGX and UBC are working together to develop next-generation Li-ion batteries capable of quadrupling energy density from current 100 Wh/kg up to 400 Wh/kg for use in long-range electric vehicles and grid storage.
The 37 ounce historic first pour is the first of many. What is in the pipeline right now and what can shareholders expect over the next few months?
Bayhorse Silver Inc., (TSXV: BHS) (“Bayhorse” or the “Company”) is pleased to report that Mineral Solutions LLC, (Minerals) of Coeur d Alene Idaho, has produced the first refined silver from the high grade silver mineralization shipped to them for processing from the Bayhorse Silver Mine, Oregon, USA.
It’s not everyday that a friend and client pours their first silver. Bayhorse Silver (V.BHS) just did.
Excellent article by FI Fighter over at Seeking Alpha on Marathon Gold and the implications of the Franco-Nevada 18 million dollar 2% net smelter royalty purchase.
Canadian Orebodies Inc. (the “Company”) (TSXV:CORE) is pleased to announce that it has commenced a drill program to explore the extension and potential additional high-grade gold-bearing veins in the Smoke Lake Gold System (“SLGS”) on the Black Raven property.
Goldplay Exploration Ltd. (TSXV: GPLY, FRANKFURT: GPE, OTCQB: GLYXF) (“Goldplay” or the “Company”) is pleased to announce high grade silver (Ag) results from a trench extending silver mineralization from the resource area to the Faisanes target (Figure 1) at the San Marcial Project, located in Sinaloa, Mexico. Goldplay recently announced a NI 43-101 resource for the San Marcial Project (see News Release dated 7 February 2019) and is undertaking exploration on the remainder of the concession to identify additional resources along the 3.5 km mineralized trend.
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX: MOZ) is excited to announce that it has closed the sale of a 2% net smelter returns royalty (the “NSR”) to Franco-Nevada Corporation (“Franco-Nevada”) (TSX, NYSE: FNV) linked to production at the Valentine Lake Gold Camp in central Newfoundland, for gross proceeds of CAD $18,000,000. The NSR applies to the entire Valentine Lake property and covers the sales of precious and base metals and minerals. Marathon has an option to buy back 0.5% of the NSR for US $7 million until December 31, 2022.