Month: March 2021

CBLT Closes on Flowthrough Financing

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CBLT.v, gold

On February 15, 2021, CBLT Inc. (TSXV: CBLT) (“CBLT”) announced it had set its exploration goals and budget for the foreseeable future. To fund that budget CBLT announced an intention to effect a non-brokered flowthrough financing in an amount no less than $100,000. CBLT announces it has closed on $232,830.00 (two hundred thirty-two thousand eight hundred and thirty dollars) in flowthrough financing, resulting in the issuance of 2,328,300 Flowthrough Units. Each Flowthrough Unit was priced at $0.10 (ten cents) and will comprise of one flowthrough share and one full 15-cent warrant with a 24-month term, with each 15-cent warrant being exercisable into a flowthrough common share. This financing is subject to stock exchange approval. read more

Clean Air Metals Files Mineral Resource Technical Report for the Thunder Bay North Property on SEDAR

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Clean Air Metals Inc. (“Clean Air Metals” or the “Company”) (TSXV: AIR) (OTCQB: CLRMF) (FRA: CKU) is pleased to announce that, further to its news release dated January 20, 2021, the Company has filed a technical report detailing the Mineral Resource estimate for the Thunder Bay North Project near Thunder Bay, Ontario. read more

Gran Colombia Gold: Under the Radar Gold Producer

JayCurrie
GCM.T, Gran Colombia Gold, Gold, Colombia

Quick question: which Canadian listed company is the largest producer of underground gold and silver in Colombia? The answer “Gran Colombia Gold” (GCM.T)  is, to say the least, not well known to Canadian investors. This is a mid-tier, 200,000 ounces per year, monthly dividend paying company, which seems to be entirely off investors radar. read more

Tocvan Announces Amended Private Placement

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CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (“Tocvan” or the “Company”) (TOC:CSE) (CNSX:TOC.CN) announces that its previously disclosed non-brokered private placement announced on January 28, 2021 has been amended from U.S. to CDN. dollars and will now consist of the issuance of up to 2,500,000 units (the “Units”) at CDN$0.60 per Unit, for gross proceeds of up to CDN$1,500,000
(the “Offering”).  Each Unit is comprised of one common share of the Company (“Share”) and one share purchase warrant
(“Warrant”). Each Warrant will entitle the holder to acquire one additional Share in the capital of the Company at a price of CDN$0.75 for a period of 18 months from the date the Units are issued, subject to the accelerated expiry provision described below.  The Company may pay finder fees and finder warrants to eligible finders. read more

Stratabound Reports More Drill Results on Golden Culvert, Yukon Territory

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  • Drilling extends mineralization to 730m strike below-surface within 970m of strike indicated through surface trenching.
  • Deepest intersection to date of 4.83 g/t Au/1.5m down-hole at 225m below surface in hole GC20-02.
  • First of seven in-fill definition drill holes yields up to 5.80 g/t Au over 0.7m.
  • Four parallel gold-mineralized structures are intercepted in hole GC20-10.

Stratabound Minerals Corp. (TSXV: SB) (OTC Pink: SBMIF) (“Stratabound” or the “Company”) reports more assay results on diamond drilling completed at its flagship Golden Culvert Project in the southeastern Yukon Territory. read more

GR Silver Mining Drills High-Grade Near Surface Mineralization in the San Juan Area at Plomosas:

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Figure 1: Location Map – San Juan Area Drilling Locations (CNW Group/GR Silver Mining Ltd.)

5.7 m @ 611 g/t Ag, 0.5 % Pb and 1.7 % Zn (685 g/t AgEq1), including
1.7 m @ 1,762 g/t Ag, 1.3 % Pb and 4.9 % Zn (1,967 g/t AgEq), and including
0.7 m @ 3,755 g/t Ag, 2.5 % Pb and 9.7 % Zn (4,145 g/t AgEq) read more

Tocvan Provides Update on Exploration at Pilar Gold-Silver Project 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 provide an update on exploration at its flagship Pilar Gold-Silver Project. Work completed to date includes detailed mapping and sampling of key targets across the Project Area (Figure 1). The aim of the program is to advance key targets to drill ready status for a Phase II drill program. 150 rock chip samples have been collected to date, covering 60% of the property. Work will continue for the next two weeks followed by final planning for the next phase of drilling. read more

Eloro Resources Announces Upsize to Previously Announced Bought Deal Financing to C$21.75 Million

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

Eloro Resources Ltd. (the “Company” or “Eloro”) (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) is pleased to announce that it has amended the terms of its previously announced bought deal financing to increase the size of the offering to C$21.75 million (the “Upsized Offering”). read more