Grid Metals Options Newly Discovered Lithium Pegmatite Property In NW Ontario
Sample | Easting (m) | Northing (m) | ElevationGR Silver Mining Completes Extensive IP and Ground Magnetic Geophysical Survey Connecting the San Marcial and San Juan AreasGR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – announces the completion of the 3D DC resistivity, induced polarization (“IP”) and ground magnetic geophysical survey covering over 7 km of prospective structural corridor as first step of a district-scale generative exploration program at the Plomosas Project, Sinaloa, Mexico. Eloro Resources Makes Iska Iska Polymetallic Property Option PaymentEloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce that it has advanced US$3 million as property option payments, pursuant to the Private Option Agreement (the “Agreement”) to acquire a 99% interest in the Iska Iska silver-tin polymetallic project (“Iska Iska”) in the Potosi Department, southern Bolivia. The Agreement grants Eloro the option to acquire a 99% interest in Iska Iska for consideration consisting of 500,000 Eloro common shares, of which 250,000 have been issued, with the remaining 250,000 to be issued on or before January 6, 2022, and the payment of US$10 million, of which US$3 million has been paid to date, with the remaining US$7 million due on or before January 6, 2024. Cartier Iron: Ready for Gold Discovery in NewfoundlandTom Larsen and Dr Bill Pearson are very busy men. As CEO and Executive VP Exploration of Eloro Resources Ltd (ELO.V) respectively, these two are riding the tiger of the company’s massive Bolivian silver/tin/zinc/lead deposit at Iska, Iska plus gearing up to drill in Peru. But Larsen took the time to have a quick chat about his other company, Cartier Iron (CFE.CNX). (We’ll be speaking to Dr. Pearson when drill results come in.) Renforth discovers Nickel on surface at new location on Surimeau District Battery Metals Property in NW QuebecRenforth Resources Inc. (CNSX:RFR.CN) (OTC:RFHRF) (FSE:9RR) (“Renforth” or the “Company”) is pleased to announce that summer prospecting in the southwestern part of the Huston area within the wholly owned ~260 km2 Surimeau District Battery Metals property returned an assay of 1.9% Ni, 1.38% Cu, 1170ppm Co and 4 g/t Ag, within a grab sample taken from strongly foliated diorite with patchy oxidation on the weathered surface. A grab sample is selected by the geologist and may not be representative of the property as a whole. In this instance, the diorite sampled hosts a quartz vein with trace pyrite, as can be seen in the pictures below. The vein did not return significant nickel values. Tocvan Ventures Corp. acquires 100% interest in the Rogers Creek Copper Porphyry Property in southwestern BC and announces spin-out transactionTocvan Ventures (CSE:TOC) (OTC: TCVNF) (WKN:TV3/A2PE64), is pleased to announce that they have entered into an agreement whereby Tocvan is acquiring 100% interest in the Rogers Creek Property in B.C. from C3 Metals Inc. (“C3 Metals”) Tocvan previously held an option to a acquire up to an 80% interest in the property from C3 Metals Eloro Intersects 160.22g Ag eq/t (36.53 g Ag/t, 1.63%Zn, 1.20%Pb and 0.10%Sn) over 194.14 m in the Santa Barbara Breccia Pipe at Iska Iska Silver-Tin Polymetallic Project, Potosi Department, BoliviaSection includes 350.91 g Ag eq/t (112.57 g Ag/t, 1.41% Zn, 3.08% Pb and 0.33% Sn) over 30.06mEloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro”, or the “Company”) is pleased to provide an update on its Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. To date, the Company has completed 30,014 metres (m) in 57 drill holes including three (3) in progress to test major target areas at Iska Iska. This press release reports drilling results from two (2) additional holes which tested the Santa Barbara Breccia Pipe (“SBBP”) (Holes DHK-21 and DHK-22). To date, every drill hole that has been assayed has returned multiple reportable mineralized intercepts. Currently three drill rigs are in operation at Iska Iska. Two surface drill rigs are completing drilling at SBBP in order to outline an initial National Instrument 43-101 (“NI 43-101”) compliant resource. A third drill, an underground rig, situated in the west end of the Santa Barbara Adit, is testing the eastern part of the SBBP and its mineralized envelope. Figure 1 is a geological plan map showing locations of drill holes and an updated geological interpretation. This map depicts the recently identified robust magnetic anomaly to the northwest of the SBBP where drilling is in progress (see press release June 7, 2021, for an overview of the magnetic results). Figure 2 is a north-south section showing the major potential extension of the SBBP mineralized system. Table 1 provides significant drilling results with definitions of chemical symbols and Table 2 lists holes completed with assays pending, as well as holes in progress in the three major target areas. Highlights are as follows: Grid Metals: Spodumene means Lithium in ManitobaOn September 14 Grid Metals (GRDM.V) put out a press release reporting drill results at its Mayville “Main Dyke” lithium pegmatite target located in the Bird River greenstone belt of southeastern Manitoba. Black Mountain Gold USA Corp. Commences Induced Polarization Survey at its Mohave Gold Project, ArizonaBlack Mountain Gold USA Corp. (TSXV: BMG) (“BMG” or the “Company”) is pleased to announce that it has engaged Geofisica TMC S.A. de C.V. (“TMC”) to complete an Induced Polarization (IP) survey at its Mohave Gold Project in Mohave County, Arizona. The survey is currently scheduled to commence in October and is comprised of 19 north-south lines varying from 1.17 km to 2.25 km in length for a total of approximately 38 line km. The survey is confined to the northern half of the Mohave Gold Project and covers approximately 3.7 km2 where historical drilling, soil surveys and historic and recent rock chip sampling programmes have outlined large areas of gold mineralization. Renforth Presenting at Global Mining Symposium Weds. Sept 22 Surimeau Exploration UpdateRenforth Resources Inc. (CSE:RFR) (OTC:RFHRF) (FSE:9RR) (CNSX:RFR.CN) (“Renforth” or the “Company”) is pleased to announce that a corporate presentation will be made online to any interested parties at the Global Mining Symposium presented by The Northern Miner on Wednesday September 22 at 11:40 am EST, registration is free. |