Day: June 14, 2022

GCM Mining Corp. Acquires 6,700,000 Common Shares in Denarius Metals Corp. and Files Early Warning Report

MotherlodeTV

GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM; OTCQX: TPRFF) announced that it filed an early warning report in connection with its acquisition today over the TSX Venture Exchange of an aggregate of 6,700,000 common shares (the “Denarius Shares”) of Denarius Metals Corp. (“Denarius”) (TSXV:DSLV; OTCQB: DNRSF). The Denarius Shares were acquired at a price of $0.25 per share for an aggregate purchase price of $1,675,000 and was effected through a block trade. read more

Cartier Iron Provides Update on Exploration for Low Sulphidation Gold-Silver Epithermal Mineralization at Big Easy, Newfoundland

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Cartier Iron Corporation (CSE:CFE) (“Cartier Iron” or 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 (see Cartier Iron’s May 10, 2022 press release). Although assay results returned only geochemically anomalous values of silver, all the drill holes intersected wide sections of interbedded rhyolite and siltstone up to 150m thick in the lower part of the Musgravetown Group. Hydrothermal alteration is very extensive consisting primarily of silicification and phengite micas. read more