Author: MotherlodeTV

Argentina Lithium Confirms Lithium at Depth at Arizaro Salar and Extends Testing Program

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Argentina Lithium, V.LIT

Argentina Lithium & Energy Corp. (TSX-V:LIT) (FSE:OAY1) (WKN:A0RK7E) (OTC:PNXLF) (“Argentina Lithium” or the “Company”) is pleased to announce that the first two drill holes at the Arizaro project have encountered lithium-bearing brines below surface in the central area of the salar with values as high as 257 mg/l lithium. A substantial brine aquifer has not yet been reached but modest volumes of significantly anomalous lithium-bearing brines were retrieved starting at depths of between 15 and 356 metres.  The depth of drilling was limited by the drill equipment used, therefore the Company plans to continue drilling in these areas using suitable deeper-drilling equipment, following more detailed geophysical and seismic surveys of the Arizaro basin. read more

NextSource Materials Inc. Announces Intention to Redomicile to Canada

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T.NEXT, Nextsource materials

NextSource Materials Inc. (TSX:NEXT) (OTCQB:NSRC) (“NextSource” or the “Company”) announces that it intends to move the corporate domicile of the Company to Canada (the “Redomicile”), under the Canada Business Corporations Act (“CBCA”) pending stockholder approval. The Company is currently incorporated under the laws of Minnesota. read more

TerraX Extends the Duck Lake Mineralized Zone 3 Km East and 2 Km to the South with Outcrop and Channel Sampling

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TerraX expands Yellowknife City Gold field exploration program

TerraX Minerals Inc. (TSXV: TXR) (OTC Pink: TRXXF) (FSE: TX0) is pleased to announce follow-up surface sampling results from the Duck Lake structure (“Duck Lake”), one of 8 new high grade target areas identified on the Yellowknife City Gold Project during field work this summer (see Map 1 here). read more

Sierra Metals Announces Filing of NI 43-101 Technical Report on the Yauricocha Mine in Peru

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T.SMT, Sierra Metals

Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) has filed a technical report prepared in accordance with National Instrument 43-101 (“NI 43-101”) on the Yauricocha Mine (the “Report”).  The Report supports the disclosure made by the Company in its news releases dated September 28, 2017 entitled “Sierra Metals Significantly Increases Mineral Resource Estimate for Yauricocha Mine, Peru.” and dated October 26, 2017 entitled “Sierra Metals Significantly Increases Mineral Reserve Estimate for Yauricocha Mine, Peru.”  There are no material differences in the mineral reserves and resources contained in the Report from those disclosed in the news releases. read more

Falco Announces Agreement to Purchase Mining Fleet for Horne 5 Project

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Falco Resources Ltd. (TSX VENTURE: FPC) (“Falco” or the “Company”) is pleased to announce that it has signed an agreement to purchase its mining fleet for the Horne 5 Project located in Rouyn-Noranda, Québec, Canada. The Company selected Sandvik Mining and Rock Technology, Val d’Or, Québec, (“Sandvik”) as its supplier of choice for the mining fleet. read more

Bonterra Further Increases the Width and Strike Length of the Gladiator Gold Deposit; 9.4 m of 8.2 g/t Au Intersected in the Main Zone

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Bonterra, V.BTR, gold

Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce that the ongoing Resource Development Program in and around the Gladiator Gold Deposit has successfully increased the width of the Main Zone and extended the strike length of multiple gold-bearing horizons. The results from the current drilling campaign continue to expand the size and further confirm the continuity of the Gladiator Gold Deposit. Noting the aggressive drill program at Gladiator, assays from multiple drill holes are pending in lab, and the Company anticipates additional drill results in the near future. read more

Sierra Metals Strengthens Board of Directors with the Appointment of Jose Alberto Vizquerra-Benavides

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T.SMT, Sierra Metals

Sierra Metals Inc. (TSX: SMT) (NYSE American: SMTS) (BVL: SMT) (“Sierra Metals” or the “Company”) is pleased to announce the appointment of Mr. Jose Alberto Vizquerra-Benavides to its Board of Directors effective immediately.  Mr. Vizquerra will also join the Sierra Metals Audit Committee effective immediately replacing Igor Gonzales who is stepping down from the Audit Committee. read more