Author: MotherlodeTV

Eloro Resources Grants Stock Options

MotherlodeTV
V.ELO, Eloro Resources, Peru, gold, Tom Larsen

Eloro Resources Ltd. (TSX-V:ELO)(FSE:P2Q) (“Eloro”) announces the grant of options to consultants to purchase an aggregate of 200,000 common shares of Eloro, exercisable at $0.87 per share at any time on or before November 30, 2022. The grant is subject to TSX Venture Exchange acceptance and is made in accordance with and subject to the terms of Eloro’s stock option plan. In accordance with securities regulatory requirements, any shares issued pursuant to the exercise of such options will be subject to a resale restriction for a period of four months from the date of the grant. read more

MGX Minerals Announces CA$7.5 Million Non-Brokered Private Placement Financings

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CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) is pleased to announce the Company intends to complete a non-brokered non-flow through private placement to raise gross proceeds of up to CA$5 million (the “NFT Financing”) and a concurrent non-brokered flow through private placement to raise gross proceeds of CA$2.5 million (the “FT Financing”). read more

Gowest Gold Intersects 66.7 g/t (2.14 oz/t) Gold Over 2.5 Metres From Advanced Exploration Drilling at Bradshaw

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V.GWA, Gowest Gold, gold,Greg Romain

Gowest Gold Ltd. (TSX VENTURE:GWA) (the “Company“) is pleased to report the first assay results from the recently completed underground infill drilling program at the Bradshaw Gold Deposit (“Bradshaw“). Results have been received from 17 of the 29 holes drilled in this campaign, and assay results from the remaining holes are expected in the coming weeks. (see tables below) read more

MGX Minerals Announces Ultra High Temperature Filtration for Extraction of Lithium from Geothermal Brine

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CSE:XMG, MGX Minerals, lithium,

 MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to report that engineering partner PurLucid Treatment Solutions Inc. (“PurLucid”) has developed high temperature filtration for the purification of geothermal brines and associated extraction of metals and minerals including lithium. read more

Margaux Resources Confirms High-Grade Gold in Bayonne Main and A Veins, as Part of its 2017 Bayonne Drill Program

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

Crown Mining Retains Tetra Tech to Complete Preliminary Economic Assessment at Moonlight-Superior

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Crown Mining, V.CWM

Crown Mining Corp., (TSXV: CWM) (“Crown” or the “Company“) is pleased to announce that it has retained Tetra Tech to complete a Preliminary Economic Assessment (“PEA”) on its 100% controlled Moonlight-Superior Copper Project in Northeast California. read more

MGX Minerals Announces New Discoveries and Completion of 50 Hole Drill Program At Case Lake Lithium, Ontario; 20 Hole Follow-up Drill Program Set For January 2018

MotherlodeTV
CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to announce the completion of the Fall 2017 drill program at its Case Lake Lithium joint venture with Power Metals Corp. (TSX.V: PWM) (“Power Metals”), located 80km East of Cochrane, Ontario. A total of 50 diamond drill holes comprising 5400 meters have now been completed (Figure 3). The majority of drill core is currently being assayed, assay highlights to date at the Main Dyke include: read more

Canadian Gold Miner and Osisko Mining team up to accelerate gold exploration projects in Ontario

MotherlodeTV
V.XTM, Transition Metals

Canadian Gold Miner Corp. (“CGM” or the “Company”) and Transition Metals Corp. (a 40% owner of CGM;   XTM – TSX.V, “Transition”) are pleased to announce that CGM has today concluded a transaction with Osisko Mining Inc. (“Osisko”) to acquire the DeSantis property, a historical gold producer located in the heart of the Timmins Gold Camp, and an option on the Catharine Property, a large exploration land package near CGM’s focus area south of Kirkland Lake, Ontario in exchange for 2.5 million common shares of CGM valued at $0.20 per share. Concurrent with the transaction, Osisko also has completed a $1.0 million private placement in CGM consisting 5.0 million units priced at $0.20 with each unit consisting of a common share and a half common share purchase warrant exercisable at $0.35 for a period of two years. read more