Year: 2022

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

GCM Mining Files National Instrument 43-101 Technical Report for Its Segovia Operations

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GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM, OTCQX: TPRFF) announced today that it has filed an updated Prefeasibility Study technical report for its Segovia Operations (the “Technical Report”) pursuant to National Instrument 43‐101 – Standards of Disclosure for Mineral Projects (“NI 43‐101″). The Technical Report, which supports the disclosure made by the Company in its March 24, 2022 news release and its 2021 Annual MD&A dated March 31, 2022, was prepared by SRK Consulting (U.S.), Inc. and is based on the updated Mineral Reserve and Mineral Resource estimates for the Segovia Operations with an effective date of December 31, 2021. read more

Tocvan Announces Private Placement

MotherlodeTV
CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (the “Company”) (CSE:TOC); (OTC:TCVNF); (WKN:TV3/A2PE64), is pleased to announce it will shortly be closing a non-brokered private placement of up to 432,750 units (the “Units”) at CAD $0.80 per Unit for gross proceeds of up to CAD $346,200 (the “Offering”).  Each Unit is comprised of one common share of the Company (a “Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to acquire one additional Share in the capital of the Company at a price of CAD $1.40 for a period of 24 months from the date the Units are issued, subject to the accelerated expiry provision described in the notes below. read more

Targeting of Trenched Discovery Zone Completed, Mobilization for Drilling Begins

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Lucky Minerals Inc., Monday, May 2, 2022, Press release picture

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

GR Silver’s Surface Infill Drilling Delivers Wide, High-grade Results at Plomosas: 24.2 m at 1,094 g/t Ag, including 0.6 m at 7,178 g/t Ag in PLS22-005A

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Figure 1: Longitudinal Section Plomosas Mine Surface Infill Drilling Results – Ag Block Model (CNW Group/GR Silver Mining Ltd.)
Figure 1: Longitudinal Section Plomosas Mine Surface Infill Drilling Results – Ag Block Model (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – announces wide and high-grade silver (Ag) results from its surface infill drilling program at the Plomosas Project in Sinaloa State, Mexico. These Ag-rich drilling results are part of the Phase I surface infill drilling program initiated in December 2021 at the Plomosas Mine Area, targeting intervals on the upper levels of the historical Plomosas underground mine where unsampled intervals of historical drill holes within the mineralized zone were assigned zero values, and hence affected the grade of model blocks, in the 2021 NI 43-101 mineral resource estimation. read more

Eloro Resources Intersects 169.11 g Ag eq/t (64.30 g Ag/t, 0.96% Zn, 0.37% Pb and 0.07% Sn) over 235.55m to further Expand Higher Grade area to the North in the Eastern Part of the Santa Barbara Target at the Iska Iska Silver-Tin Polymetallic Project, Potosi Department, Bolivia

Includes a higher-grade section in this underground hole DSBU-06 (Azimuth 00 and dip -650) of 314.52 g Ag eq/t (192.18g Ag/t, 0.22 g Au/t, 0.07% Zn, 0.41% Pb, and 0.11% Sn) over 50.68m and an additional intersection of 110.57 g Ag eq/t (17.38 g Ag/t, 0.09 g Au/t, 0.30% Zn, 0.21% Pb and 0.11%Sn) over 128.44m further down the hole. Overall, for DSBU-06, 86% of this 599.8m long hole had reportable intersections, which collectively average 129.70 g Ag eq/t. Underground hole DSBU-05 on the same due north section as DSBU-06, but shallower at -400, intersected 141.05 g Ag eq/t (22.99g Ag/t, 0.07g Au/t, 0.18% Zn, 0.16% Pb, 0.21% Cu and 0.12% Sn) over 153.25m. Hole DSBU-05 has a second major intersection lower in the hole from 348.08m to 526.17m of 92.47 g Ag eq/t (23.86g Ag/t, 0.96% Zn, 0.21% Pb) over 178.09m. Overall, 65% of this 641.9m long hole had reportable intersections which collectively average 107.73 g Ag eq/t.
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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 assay results from an additional six (6) diamond drill holes from its on-going drilling program at the Iska Iska silver-tin polymetallic project in the Potosi Department, southern Bolivia. Holes DSBU-05 and DSBU-06 are underground holes drilled from the Santa Barbara adit to test the northern extension of the higher-grade mineralized zone. Hole DSBS-01 was collared in the southern part of the Santa Barbara target zone and drilled at an azimuth of 300 and dip of -300 to test the same target. Holes DSB-24, DSB-14 and DSB-22 were drilled at azimuths of 2250 to test the northwest extension of the Santa Barbara mineralized zone approximately 100m, 200m, and 1,000m, respectively, northwest of the Santa Barbara adit underground drill bay. Drilling is continuing in the Porco area to test for a potential Sn porphyry as suggested by the 3D inverse magnetic model (see Eloro press release March 1, 2022). Thus far, 4,870 m in five (5) holes have been completed in the Porco target area with assays pending. read more

New Drill Results Extend Strike Length of the High Grade Northwest Dyke to 500 Metres at Grid Metals Donner Lake Lithium Property

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Grid Metals, GRDM.V
Grid Metals Corp., Tuesday, April 26, 2022, Press release picture

 Grid Metals Corp. (the “Company“) (TSXV:GRDM)(OTCQB:MSMGF) is pleased to report additional diamond drill results from the 2022 lithium exploration program at its Donner Lake lithium property in southeastern Manitoba. The project is located in the Winnipeg River pegmatite field, which hosts the world-class Tanco pegmatite and the associated Tanco lithium-cesium-tantalum mine and concentrator. The Donner Lake Lithium project is a 75%/25% joint venture between Grid Metals Corp and Lithium Royalty Corp., a leading player in global lithium finance. read more

Tocvan Drills 108.6-meters of 0.8 g/t Au, including 9.4-meters of 7.6 g/t Au in 125-meter Step-Out at Pilar. Discovers New Main Zone Extension

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CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (the “Company”) (CSE:TOC); (OTC:TCVNF); (FSE:TV3), is pleased to announce drill results from its Pilar Au-Ag Project in Sonora, Mexico. Results for core drill hole JES-22-62 are provided in this release, a 125m southeast step-out from hole JES-22-59 (116.9m at 1.2 g/t Au), infilling a gap 100m west of hole JES 21-47 (47.3m at 0.7 g/t Au, see Figure 1). JES-22-62 returned 108.6-meters at 0.8 g/t Au and 3 g/t Ag, including 31.9-meters at 2.4 g/t Au and 2 g/t Ag. Within the broader mineralized interval, consistent high-grade gold mineralization was recorded within a silicified sulphide-bearing breccia returning 9.4-meters at 7.6 g/t Au and 5 g/t Ag (see Table 2). read more

NexGen Signs Impact Benefit Agreement with Clearwater River Dene Nation

JayCurrie
T.NXE, NexGen, uranium

VANCOUVER, BC, April 25, 2022 /CNW/ – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the signing of an Impact Benefit Agreement (“IBA”) with the Clearwater River Dene Nation (“CRDN”), covering all phases of the Rook I Project (“Rook I” or the “Project”), which hosts the 100% owned Arrow uranium deposit. read more