Year: 2020

Eloro Resources Stakes Additional Properties in the Iska Iska Polymetallic Property Area, Potosi Department, Southern Bolivia

MotherlodeTV
ELO.V, Eloro, 321gold.com, Bob Moriarty, Bolivia, Iska Iska property,
Figure 1

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. read more

Renforth Drills Through 2,000m Target at Parbec Gold Deposit and Closes $3,240,000 Raise at $0.135/share

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RFR.C, Renforth Resources, gold, Quebec

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. read more

CBLT Inc: You can make more money with a pen than a drill

JayCurrie
V.CBLT, CBLT Inc., gold, Ontario

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. read more

Etruscus Resources: Under the Radar in BC’s Golden Triangle

JayCurrie
Etruscus Resources, C.ETR, Gold, BC
gold

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. read more

MGX Minerals Announces 94% Gold Recovery Metallurgy at Heino Gold Deposit

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CSE:XMG, MGX Minerals, lithium,

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. read more

Tocvan Announces the Identification of Pipe-Like Features at the Pilar Gold-Silver Project in Sonora, Mexico

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CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (CSE:TOC) (CNSX:TOC.CN) (“Tocvan” or the “Corporation”) is pleased to announce several 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. read more

Cartier Iron Extends Major Epithermal Gold-Silver Target Zone to 20Km+ Strike Length at Big Easy Gold Project, Newfoundland

MotherlodeTV
Figure 1

Cartier Iron Corporation (CSE: CFE) (“Cartier Iron”), is pleased to report on results of a geological mapping, soil sampling and prospecting program completed during July, 2020, at its Big Easy Gold project (see press release July 8, 2020), located on the Burin Peninsula in eastern Newfoundland. The program focused on follow-up of major target areas outlined by magnetic and induced polarization/resistivity (IP/Res) surveys as well as exploration of the potential southern extension of these chargeability zones which have had only limited previous work. read more

MGX Minerals Announces Bulk Sample from Heino Gold Deposit Assays up to 2 Ounce per Tonne Gold (63.3 g/t Au) and 53% Free Gold Recovery in Phase I Metallurgy Testing

JayCurrie
CSE:XMG, MGX Minerals, lithium,

VANCOUVER, BC / ACCESSWIRE / September 28, 2020 / MGX Minerals Inc. (“MGX” or the “Company“) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) announces preliminary assay and metallurgy results for extraction of gold from mineralized rock from the Heino Gold Deposit by ALS Global Canada. Three composite samples from a single 150kg bulk sample has averaged 17.3 grams per tonne gold and 20% recovery of gold by crushing and screen and up to 63.3 grams per tonne gold with a 53% recovery by screening. This is to be considered free gold recovery, prior to flotation or other extraction method. Further MET results are expected within the week. read more