Author: MotherlodeTV

Cartier Iron Completes $1,160,000 Financing

MotherlodeTV

TORONTO, Dec. 06, 2017 (GLOBE NEWSWIRE) — Cartier Iron Corporation (CSE:CFE) (“Cartier Iron”), is pleased to announce that it has completed a previously announced non-brokered private placement (the “Private Placement”), which was increased from 2 million to 3 million flow-through units of Cartier Iron at a price of $0.12 per unit (“F-T Units”) for proceeds of $360,000, and 8 million non-flow-through units (increased from 7 million units) of Cartier Iron at a price of $0.10 per unit (“Units”) for additional proceeds of $800,000. read more

Advantage Lithium Completes Sale of Clayton Valley Northeast Lithium Project to Pure Energy Minerals

MotherlodeTV
V.AAL, Advantage Lithium, lithium, Argentina, David Sidoo

Advantage Lithium Corp. (the “Company” or “Advantage Lithium”)                     (TSX Venture: AAL) (OTCQX: AVLIF) – is pleased to announce, further to the Company’s news release dated November 8, 2017, the Company and its exploration partner Nevada Sunrise Gold Corporation (TSXV: NEV) (“Nevada Sunrise“) (together, the “Vendors“) have completed the sale of the Clayton Northeast and Triton lithium projects (collectively, “Clayton NE“) to Pure Energy Minerals Limited of Vancouver, B.C., Canada  (TSXV: PE) (“Pure Energy“). Clayton NE is located adjacent to the Silver Peak lithium brine mine in Esmeralda County, Nevada. read more

MGX Minerals and PurLucid Treatment Solutions Announce Initial Commissioning of Rapid Lithium Recovery System, Deployment Site and Water Processing Contract

MotherlodeTV
CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to report that engineering partner PurLucid Treatment Solutions (“PurLucid”) has partially commissioned the commercial-scale NFLi5 lithium recovery system at its new manufacturing facility in Calgary, Alberta. The pre-treatment nanoflotation and nanofiltration system is now operational with all electrical, control and pump systems in the first two stages of the process operational under constant flow. Additional mineral extraction nanofiltration components are expected to be brought online sequentially over the upcoming weeks and the system will be ready for deployment in early Q1 2018. read more

Cartier Resources Closes $5.3 Million Private Placement

MotherlodeTV
Cartier Resources

Cartier Resources Inc. (“Cartier” or the “Company“) (TSX VENTURE:ECR) announced today that it has closed its previously announced private placement (the “Offering“) for aggregate gross proceeds of $5,299,900. A total of 13,030,000 Flow Through shares of the Company were issued and sold at a price of $0.33 per Flow Through Share and 5,000,000 common shares of the Company were issued and sold at a price of $0.20 per Share. The Offering was completed through Sprott Capital Partners. All monetary references are in Canadian dollars. read more

Margaux Resources Announces All Results from 2017 Jackpot Drill Program Including High Grade Zinc and Broad, Near-Surface Mineralization

MotherlodeTV

Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) (“Margaux” or the “Company”) is pleased to announce it has received all the drill results from Company’s 2017 drill program on the Jackpot zinc property, part of the Company’s Kootenay Arc project in southern B.C. read more

Bonterra Expands Mineralized Width and Grade at Gladiator Gold Deposit with Significant Results on Multiple Zones; 18.5 g/t Au over 4.0 m Intersected in the South Zone

MotherlodeTV
Bonterra, V.BTR, gold
Gladiator Deposit Long Section - BTR:TSX-V - Bonterra Expands Mineralized Width and Grade at Gladiator Gold Deposit with Significant Results on Multiple Zones; 18.5 g/t Au over 4.0 m Intersected in the South Zone (CNW Group/BonTerra Resources Inc.)

Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce continued success from its ongoing Resource Development Program at the Gladiator Gold Deposit. Drilling has further increased the size of the high-grade core area of the South Zone, with 18.5 g/t Au over 4.0 m drilled in hole BA-17-42A, and significant width and grade was also encountered in the Footwall Zone within drill hole BA-17-48, which yielded 10 g/t Au over 6.3 m. Additional drilling results received also extended the North Zone down plunge and to the east.  The Company is aggressively completing its 2017 Resource Development Program, with four diamond drill rigs completing a 50,000 m program. Multiple holes are currently in the lab awaiting completion with assays pending. Continue reading read more

Golden Predator Announces New Exploration Director to Manage Program at 3 Aces Project, Yukon

Emphasis expanding to include potential open pit target emerging from the current program
MotherlodeTV
Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSX.V:GPY) (OTCQX:NTGSF) (the “Company”  or “Golden Predator”) announced today that 2017 exploration results from its district-scale 3 Aces Project in southern Yukon indicate the potential for a significant near surface open pit gold target; and that the Company has recruited an internationally recognized exploration executive to lead its exploration program. read more

MGX Minerals’ Joint Venture Partner Power Metals Samples up to 7.14% Li2O on Surface at Case Lake Lithium Property

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 announced assay results confirming the presence of high-grade spodumene in the Northeast dyke at Case Lake, Cochrane, Ontario. read more

Ascendant Resources Continues Normal Operations at El Mochito Post Honduras Elections

MotherlodeTV

Ascendant Resources Inc. (TSX:ASND) (OTCQX:ASDRF) (FRA:2D9) (“Ascendant” or the “Company”) reports that operations at its El Mochito mine in Honduras are continuing normally despite uncertainty following the General Elections held on Sunday, November 26, 2017. Since this date, uncertainty regarding the outcome of the election for President, where vote counting remains ongoing, has resulted in demonstrations in various parts of the country and the imposition of a 10-day general curfew by the national government as of Friday, December 1. read more