Day: May 10, 2022

Cartier Iron Reports on Diamond Drill Program on the Low Sulphidation Gold-Silver Epithermal System at Big Easy, Newfoundland

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Cartier Iron Corporation (CSE:CFE) (“Cartier Iron” or the “Company”) provides an update on its diamond drilling program at its wholly-owned Big Easy property, located near Clarenville, in eastern Newfoundland. The Company carried out a 17-hole diamond drill program totaling 9,470.6m in winter 2022 to test significant resistivity anomalies along a major north-northeast trending structural break outlined by the Controlled Source Audio Magneto-Telluric (“CSAMT”) survey in the Central Anomaly – Big Easy Showing Area. Ten (10) of the drill holes tested the Central Anomaly area, three (3), the Central North Anomaly and four (4), the Big Easy South Anomaly (see Table 3 below). Collectively these reconnaissance drill holes tested CSAMT resistivity anomalies over a strike length of 2.4km as shown in Figure 1. read more

Trenching Continues At Wayka: A One-metre-wide Magnetite Lens Returns 7.81 g/t Gold

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Lucky Minerals Inc., Tuesday, May 10, 2022, Press release picture

Lucky Minerals Inc. (TSXV:LKY),(OTC PINK:LKMNF)(FRA:LKY) (“Lucky” or the “Company“) is pleased to announce it continues with the trenching program for the upcoming drill program at the Wayka epithermal gold discovery at its 100% owned Fortuna Property (“Fortuna”) in southern Ecuador. read more

Tocvan Closes Unit Private Placement

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CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (the “Company”) (CSE:TOC); (OTC:TCVNF); (WKN:TV3/A2PE64), is pleased to announce that it has closed its previously announced non-brokered private placement of units (“Units”) for gross proceeds of $346,200 (the “Offering”). The Offering consisted of the issuance of an aggregate of 432,750 Units at a price of
$0.80 per Unit.  Each Unit consists of one common share (“Common Share”) in the capital of the Company and one common share purchase warrant (“Warrant”). Each Warrant entitles the holder thereof to acquire one Common Share at a price of $1.40, for a period of 24 months from the closing of the Offering.
In connection with the Offering, the Company paid aggregate cash commissions to arm’s length finders who assisted with the Offering of approximately $27,696 and issued 34,620 finder warrants (“Finder Warrants”). Each Finder Warrant is exercisable at a price of $0.80 per Common Share for a period of 24 months from the closing of the Offering. read more