Author: MotherlodeTV

Golden Predator Mining Corp. Announces Proposed Overnight Marketed Financing

MotherlodeTV
Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSX VENTURE:GPY) (“Golden Predator Mining Corp.” or the “Company”) has today entered into an agreement with Clarus Securities Inc. (the “Underwriter”) pursuant to which the Company has launched a proposed overnight marketed offering (the “Offering”) of units (“Flow-Through Share Units”). Each Flow-Through Share Unit consists of one Class A common share (a “Common Share”) and one-half of one (non flow-through) Common Share purchase warrant. The Flow-Through Share Units will be issued on a “flow-through” basis for purposes of the Income Tax Act (Canada). Closing of the Offering is expected on or about February 13, 2018 and is subject to regulatory approval including that of the TSX Venture Exchange. read more

MGX Minerals Strengthens Leadership Team to Execute California Lithium Strategy; Appoints Randall Keller As VP of Business Development

MotherlodeTV
CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) is pleased to announce the appointment of Randall W. Keller as Vice President of Business Development. Mr. Keller will work alongside former California Senate Majority Leader Richard Polanco (see press release dated December 1, 2017) to target geothermal lithium exploration in California and other Western States that the Company has identified for potential partnerships and acquisition targets to secure lithium brine feedstock and operating sites for its lithium extraction and water treatment systems. read more

Cartier Iron Expands Big Easy Property, Newfoundland and Commences Induced Polarization-Drilling Program

MotherlodeTV

Cartier Iron Corporation (CSE:CFE) (“Cartier Iron” or the “Company”), is pleased to announce that 91 additional claims have been staked at the Big Easy Property in eastern Newfoundland to bring total holdings including the original acquisition (see press releases September 28, 2017, October 31, 2017 and November 22, 2017) to 369 claims covering 92.3 km2 (Figure 1).  A 56-line kilometre Induced Polarization/Resistivity Survey (IP/Res) will commence shortly with a 1,000m drilling program to follow on key targets outlined from this survey. Cartier Iron has secured the historical drill core at a facility in Clarenville. All diamond drill core is being re-logged to better resolve structure and distribution of alteration and mineralization. read more

Blue Sky Uranium Reports Positive Metallurgical Results from Ivana Target, Amarillo Grande Project, Argentina

MotherlodeTV

Blue Sky Uranium Corp. (TSX-V:BSK) (FSE:MAL2) (OTC:BKUCF), (“Blue Sky” or the “Company”) is pleased to report the initial metallurgical results for carnotite-mineralized material from the Ivana target area have yielded recoveries of more than 95% for uranium using alkaline leach processing. read more

MGX Minerals Announces Spodumene Mineralization Intersected on New Northeast Dyke at Case Lake; Drill Program Increased to 3,000 metres

MotherlodeTV
CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to report that joint venture partner Power Metals Corp. (“Power Metals”) has completed initial drilling and intersected lithium mineralization on the Northeast Dyke at the Case Lake Property in Ontario (see figure 1). The Winter 2018 drill program is in its early stages and the presence of up to 30% coarse grained spodumene in drill core has been found in several of the first few holes. The first samples have been shipped to SGS preparation lab in Cochrane, Ontario. Due to this occurrence, Power Metals has increased its current drill program from 2000m to 3000m. read more

Bonterra Expands Exploration Program at Gladiator Gold Deposit

MotherlodeTV
Bonterra, V.BTR, gold

Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce that the 2018 winter drilling program is underway at the Gladiator Gold Project. After completing more than 60,000 meters in 2017, the Company plans to drill 30,000 meters during the winter drill program and more than 70,000 meters in 2018. The winter drilling program includes mobilizing two additional diamond drills, for a total of six on the project. read more

Enforcer Gold Announces 2018 Phase 1 Drilling Program on the Roger Gold-Copper Porphyry Project

MotherlodeTV
V.VEIN, Enforcer Gold, gold, Quebec, Steve Roebuck
Enforcer Gold Corp (“Enforcer” or the “Company”) (TSX-V: VEIN – FSE: N071) is pleased to announce plans for a Phase 1 exploration drilling program and provide an overview of the Roger gold-copper porphyry project. The Roger project is located in the Abitibi greenstone belt and is 5 km from the historic mining centre of Chibougamau, Quebec. Enforcer is earning a 50% interest in the property from SOQUEM as announced on January 11, 2018.

President & CEO, Steve Roebuck, comments: read more

Cartier Cuts 7.5 g/t Au Over 2.0 m and Extends 2B Zone to 350 m Depth on the Chimo Mine Property

MotherlodeTV
Cartier Resources

Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce new results from its ongoing 30 000-m drilling program on the Chimo Mine property, located 45 km east of Val-d’Or. These results are associated with the 2B Zone (2 structure) and the 4E Zone (4 structure) intersected respectively at 230 m and 110 m east-northeast of the shaft. read more

MGX Minerals Announces 2.07 % Li2O and 213.96 ppm Ta Over 18.0 m at Case Lake

MotherlodeTV
CSE:XMG, MGX Minerals, lithium,

 MGX Minerals Inc. (”MGX” or the ”Company”) (CSE: XMG; FRA: 1MG; OTCQB: MGXMF) is pleased to report that joint venture partner Power Metals Corp. (”Power Metals”) has announced drill hole assays for lithium (Li) and tantalum (Ta) mineralized intervals for the Main Dyke at Case Lake, east of Cochrane, Ontario. Significant intervals for the Main Dyke include: read more