Tocvan Ventures Corp. (CSE:TOC) (CNSX:TOC.CN) (“Tocvan” or the “Corporation”) is pleased to announce additional key observations and conclusions from recent technical studies focused on the identification of a Phase 1 program of drill-hole targets at the Pilar Gold-Silver Project in Sonora, Mexico.
Eloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce that Minera Tupiza S.R.L., Eloro’s Bolivian subsidiary has staked nine (9) additional properties (known as “Mining Areas” under Bolivian law) covering a total of 311.75 square kilometres in the Potosí Department, southern Bolivia where Iska Iska is located as shown in Figure 1. The geological characteristics and target mineralization of these properties are summarized in Table 1. Figure 2 shows the regional geology in the area of the new properties. The properties are located on prominent ASTER (Advanced Spaceborne Thermal Emission and Reflection Radiometer) anomalies with a similar hydrothermal alteration signature to that of Iska Iska. The Tup-5 property ties directly onto the Iska Iska property.
Renforth Resources Inc. (CSE:RFR)(OTC US:RFHRF)(WKN:2H9TN) (“Renforth” or the “Company”) is pleased to inform shareholders that the ongoing fully funded drill program at Renforth’s wholly owned Parbec gold deposit has now drilled more than 2160m, in five drill holes, designed to infill and expand the May 2020 NI 43-101 open pit constrained gold resource at Parbec, located on the Cadillac Break, in Malartic, Quebec, contiguous to the Canadian Malartic Mine property, specifically the former East Amphi Mine which forms the NW corner of that property.
There is no single right way to organize and operate a junior resource company. Instead, each company needs to figure out its own path to maximizing shareholder value. Whether it is a greenfields exploration story or a brownfields mining restart, every project is different. Peter Clausi, CEO of CBLT Inc. (V.CBLT), spent the early part of his career as a commercial litigation lawyer on Bay Street. He’s seen most of the business models.
BC’s Golden Triangle has been a hugely productive mining area since the 1980’s. There is no question of its mineral endowment as mines like Premier back in the 1920s, the SNIP and Eskay Creek in the early 1990s, and, more recently KSM, Red Chris and Valley of the Kings have all come online with gold, silver and copper in abundance. The Golden Triangle is a big place and there are many highly prospective but largely unexplored or underexplored areas.
MGX Minerals Inc. (“MGX” or the “Company“) (CSE:XMG) (FKT:1MG) (OTC PINK:MGXMF) announces additional metallurgy results for extraction of gold from mineralized rock from the Heino Gold Deposit by ALS Global Canada. A 2kg sample taken from a 150kg bulk sample, averaging 28.8 grams per tonne gold, was crushed and run through a gravity (Knelson) concentrator (“Pan Con” in the tables below) and flotation circuit with a 94.1% total recovery of gold and 5.9% gold reporting to tailings.