Author: MotherlodeTV

Cartier Iron Provides Update on Exploration Program at Big Easy Property, Newfoundland

MotherlodeTV

Cartier Iron Corporation (CSE:CFE) (“Cartier Iron”), is pleased to announce the completion of line cutting and commencement of the 56-line kilometre Induced Polarization/Resistivity Survey (“IP/Res”) at the Big Easy Property (“Big Easy”) in Newfoundland. Big Easy is located approximately 20 kilometres (km) northwest of the town of Clarenville, about 200km northwest of St. John’s. MES Geophysics of St. John’s, contractor for the IP/Res survey, has completed the detailed lines with 25m dipole spacing over the original Big Easy showing area and is progressing well on the remainder of the grid which is being covered by 50m dipole spacing.  The IP/Res survey is designed to test the full 3.5 km strike length between the Big Easy and the ET showings to a depth of 200m to explore the full extent of the epithermal system. Historical diamond drill holes open to depth near the Big Easy showing offer the possibility that a downhole IP/Res survey may be used at a later date to extend the search volume even deeper. read more

Cartier Cuts 8.5 g/t Gold over 3.5 m, 205 m Below Chimo Mine

MotherlodeTV
Cartier Resources

Cartier Resources Inc. (TSX-V:ECR) (“Cartier” or the Corporation) is pleased to announce that it has intersected 8.5 g/t Au over 3.5 m, 205 m beneath the deepest stope at the former Chimo Mine, located 45 km east of Val-d’Or.  These new results were intersected at a depth of 1,050 m along the depth extensions of gold-bearing zones 5 which produced 2/3 of the ounces mined.  The intersection is the first from an 8,000-m deep drilling program which is part of the ongoing 34,000-m drill program on the property. read more

Bonterra Announces Vice President Operations and Provides Update on Winter Drill Program and Metallurgical Studies

MotherlodeTV
Bonterra, V.BTR, gold
Gladiator Gold Project All-season Exploration Camp (CNW Group/Bonterra Resources Inc.)
Gladiator Gold Project All-season Exploration Camp (CNW Group/Bonterra Resources Inc.)

 Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce both the appointment of Mr. Peter A. Ball as Vice President of Operations and an update of the ongoing Winter Drill Program and metallurgical studies. read more

Standard Lithium Provides Pilot Plant and Process Testing Update

MotherlodeTV
V.SLL, Standard Lithium

Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLL) (OTCQX:STLHF) (FRA:S5L) is pleased to provide an update of the extensive process testing work and pilot plant design being performed by the Company’s Scientific Advisory Team.  The Scientific Advisory Team and other technology vendors have been testing raw lithium brines from Standard Lithium’s Projects in California and Arkansas using a new generation of lithium-selective sorbent technologies.  Data gathered from mini-pilot scale testing has demonstrated highly-effective separation of lithium from other cations in the raw brine, in line with previously published and peer-reviewed studies, and has also demonstrated that the solid sorbent materials can be simply made using standard commercial manufacturing processes.  Work has also been completed to test varying physical methods by which raw brine can be mixed with the lithium-selective material to optimise lithium removal.  Testing is ongoing and will be used in the full-scale pilot design (see below). read more

Bird River Resources and Divestco Announce Cogeneration Joint Venture to Generate Low-Cost Electricity

MotherlodeTV

Bird River Resources Inc. (CSE:BDR) (“Bird River”) and Divestco Inc. (TSXV: DVT) (“Divestco”) today announced a cogeneration joint venture (the “Cogen”) which will convert natural gas to electricity via a boiler-turbine at an industry low cost of 1.4 cents per kilowatt hour (based on current natural gas spot prices). Regulatory approvals are in place for the Cogen system to feed up to 3 megawatts of electricity into the power grid. The Cogen has secured a reliable, long-term gas supply through a privately owned natural gas producer. Construction and implementation of the project is expected to take 4-5 months. read more

Manganese X is Completing Due Diligence in Preparation for Final Agreement

To Acquire 15% Stake in Mountain Springs Oil and Gas Ltd
MotherlodeTV
Maganese X Energy, V.MN

Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (TRADEGATE: 9SC2)(OTC Pink: SNCGF) ( “Manganese X” ) is pleased to announce that it is in the process of completing its due diligence investigation and is progressing to acquire a 15 % equity interest in Calgary based Mountain Springs Oil and Gas Ltd. (“Mountain Springs”). The purchase price will be $500,000 cash and 2,500,000 Manganese X Energy Corp. common Shares. read more

AbraPlata Announces Issuance of Stock Options

MotherlodeTV

AbraPlata Resource Corp. (“AbraPlata” or the “Company”) (TSX-V:ABRA) (OTCPK:ABBRF) (Frankfurt:1AH) announces that a total of 1,125,000 incentive stock options have been granted to directors, officers, employees and consultants of the Company. The stock options have an exercise price of CAD$0.20 per share and are exercisable for a period of five years from the date of grant. The stock options vest 25% immediately, 25% after six months, 25% after twelve months and 25% after eighteen months. read more

MGX Minerals Selects Capstone Headwaters for Merger and Acquisition Advisory; Focus on Lithium, Magnesium and Energy Technology

MotherlodeTV
CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to announce it has retained the services of Capstone Headwaters LLC (“CSHW”) to provide investment banking and financial advisory services. Advancement of the Company’s lithium, magnesium and energy assets will remain in focus. read more

Triumph Gold Mobilizes Crew for Phase 1 Drilling on Freegold Mountain Project, YT

MotherlodeTV
V.TIG, Triumph gold, gold

Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: NFRGF) (“Triumph Gold” or the “Company“) is pleased to announce that a field crew has been dispatched to the Freegold Mountain property to execute a 1,900 metre diamond drill program targeting the newly discovered porphyry system in the Keirsten Zone (see PR # 17-13). Porphyry related mineralization was first discovered in the Keirsten Zone with drill hole KZ17-01 which tested the center of a 1.1 km diameter intense (up to 180 milliradians) buried chargeability high. The drill hole encountered rock that had been affected by an extremely vigorous porphyry related hydrothermal system from 193 metres to the end of the hole at 603.50 metres.  Phase 1 drilling will test new targets within and along the margin of the chargeability high that were developed through application of a porphyry model to the interpretation of existing geological and geophysical data. read more