Year: 2020
Eloro Resources Ltd. Commences Trading on OTCQX
Eloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF; FSE: P2Q) (“Eloro”, or the “Company”) is pleased to announce it has qualified to trade on the OTCQX® Best Market. Eloro upgraded to OTCQX from the Pink® market.
Aben Resources Commences Drill Program at the Forrest Kerr Gold Project in BC’s Golden Triangle Region
Aben Resources Ltd. (TSX-V: ABN) (OTCBB: ABNAF) (Frankfurt: E2L2) (the “Aben or the Company”) is pleased to announce that they have commenced drilling at the Forrest Kerr Gold Project located in the Golden Triangle region of NW British Columbia. The drill program is designed to test a new area with high-grade surface samples from outcrop.
Renforth Resources: The Art of the Deal
In the junior resource world there is a model where a company takes a piece of ground, works on sampling, mapping and drilling and then sells the ground at a profit. It is a great model but it is rare for a company to actually be able to execute. Nicole Brewster, CEO of Renforth Resources (V.RFR), got the job done with the sale of Renforth’s New Alger project to Radisson Mining Resources (V.RDS).
Eloro Resources Ltd. Announces Completion of Underground Drill Bays for Diamond Drilling Program at Iska Iska Silver-Polymetallic Property Area, Potosi Department, Southern Bolivia
Eloro Resources Ltd. (TSX-V: ELO; FSE: P2Q) (“Eloro”, or the “Company”) is pleased to announce that its Bolivian subsidiary Minera Tupiza S.R.L. has completed the three (3) underground drill bays in the Huayra Kasa Mine required for the planned 3,500m underground diamond drilling program on its optioned Iska Iska Polymetallic Project in Potosi Department, southern Bolivia. The Company and contractor Empresa Minera Villegas S.R.L. have implemented safeguards to protect personnel from COVID-19. Minera Tupiza S.R.L. has received clearance from the Government of Bolivia for travel to Tupiza. Drilling will be carried out by Leduc Drilling S.R.L. and is expected to commence in early September. All workings will be systematically geologically mapped and channel sampled prior to commencement of the drill program.
GR Silver Mining Reports Near Surface Silver and Gold Mineralization in Drill Results from the Plomosas Mine Area, Plomosas Silver Project
- 716 gpt AgEq1 over 6.8 m (191 gpt Ag, 1.9 gpt Au, 7.1% Pb and 3.4% Zn)
- 1,687 gpt AgEq over 0.4m (1,559 gpt Ag, 0.5 gpt Au, 1.4% Pb and 1.1% Zn)
- 12.6m at 1.7 gpt Au, 17 gpt Ag and 0.7% Zn
VANCOUVER, BC, Aug. 11, 2020 /CNW/ – GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to report drill results from the Plomosas Mine Area at its 100%-owned Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico.
Radisson to Acquire the New Alger Project and Partner with Renforth Resources Inc.
Radisson Mining Resources Inc. (TSX-V: RDS, OTC: RMRDF) (“Radisson”) and Renforth Resources Inc. (CSE – RFR) (OTC US– RFHRF) (WKN – A2H9TN) (“Renforth”) are pleased to announce that they have signed a binding agreement (the “Agreement”) pursuant to which Radisson will acquire a 100% interest in Renforth’s New Alger Gold Property (“New Alger”) and enter into a long-term strategic relationship through a 9.6% equity investment by Radisson in Renforth. The relationship aims to leverage regional synergies and unlock significant value for shareholders of both companies from one of the most prospective mining camps in the world.
Aben Field Program Update
Aben Resources Ltd. (TSX-V: ABN) (OTCBB: ABNAF) (Frankfurt: E2L2) (the “Aben or the Company”) is pleased to announce that the 2020 field season is proceeding well and will be moving into the next phase which will include Pad building in advance of the arrival of the drill. The Pad building crew should be on site today and should take a week to get things ready for the drill program to begin.
Renforth Completes 1782m of Drilling at New Alger Gold Project
Renforth Resources Inc. (CSE:RFR)(OTC US:RFHRF)(WKN:A2H9TN) (“Renforth” or the “Company”) is pleased to let shareholders know we have completed our drill program at New Alger, with a combined total of 1782m drilled in 9 holes, on both the Discovery Veins and in the mine area, as illustrated and described below. Each of these holes has been logged and sampled, in some instances for the entire hole. Generally speaking Renforth views this drill program as a success, with each hole encountering all of the “ingredients” required for the presence of gold, such as biotite or sericite alteration, pyrite and arsenopyrite. Logging is complete, sample splitting and preparation is ongoing, deliveries to the lab have also commenced. Sample results will be released once assays are received.
Renforth Finds Visible Gold Within Discovery Vein Blast Area at New Alger
Renforth Resources Inc. (CSE:RFR)(OTC PINK:RFHRF)(WKN:A2H9TN) (“Renforth” or the “Company”) is pleased to let shareholders know that visible gold was observed in several instances within the areas of the blasting work recently completed on the Discovery Veins. Location details are presented below. 1815 lbs. of representative material, in 100lb rice bag samples, comprised of randomly selected blast rubble and fine material taken from the bottom of each pit, has been sent to SGS Lakefield for test work which will include grindability tests, gravity concentration tests and gold recovery tests for each pit.