Author: MotherlodeTV

MGX Minerals Engineering Partner PurLucid Awarded C$8.2M to Manufacture and Deploy Wastewater Treatment Systems Central to MGXs Petrolithium Recovery Process

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 been awarded a non-repayable contribution totaling up to C$8.2 million in government funding to support the commercialization of a low energy water treatment system for the oil and gas industry. Specifically, Sustainable Development Technology Canada (“SDTC”) and Emissions Reduction Alberta (“ERA”) have agreed to fund up to $3.2 million and $5 million, respectively. MGX currently owns a 34% interest in Purlucid and has the right to acquire 100% through successive future investments. Working with MGX, Purlucid invented and filed patent applications for apparatus and methods for brine treatment and selective lithium recovery that integrates with the MGX Petrolithium Recovery Process, greatly reducing the cost of recovery and enhancing the quality across the complex range of brines received from oil and gas wells. read more

Sierra Metals to Release Q3-2017 Financial Results on November 9, 2017

MotherlodeTV
T.SMT, Sierra Metals

Sierra Metals Inc. (TSX:SMT) (NYSE American: SMTS) (BVL:SMT) (“Sierra Metals” or the “Company”) will release it’s 2017 third quarter consolidated financial results on Thursday, November 9, 2017 after market close. Senior Management will also host a webcast and conference call on Monday, November 13, 2017 at 10:30am EST. Details of the Conference Call and Webcast are as follows: read more

Cartier and SOQUEM Mobilize Two Drills for 7000-meter Drill Program on Fenton Property

MotherlodeTV
Cartier Resources

Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce that a 7000-meter drill program has been launched on the Fenton property, situated 50 km south-east of Chapais. Two drills will be employed for this program in order to explore the depth extension of the gold mineralization of the Fenton deposit (FIGURE). read more

MGX Minerals’ Joint Venture Partner Power Metals Drills 26.0 Metres of 1.94% Li2O and 323.75 ppm Ta at Case Lake 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 received initial assay results from drilling at the Case Lake property near Cochrane, Ontario. As reported by Power Metals, drilling has intersected three wide high-grade lithium (Li) and tantalum (Ta) mineralized intervals including: read more

Ascendant Resources to Release Third Quarter 2017 Results on November 13, 2017 and Host Conference Call

MotherlodeTV

Ascendant Resources Inc. (TSX:ASND) (OTCQX:ASDRF) (FRA:2D9) (“Ascendant” or the “Company”) announced today that it plans to release its third quarter 2017 results after the market close on Monday, November 13, 2017. Management will host a conference call on Tuesday, November 14, 2017 at 10:00 am EST. read more

Cartier Iron Announces Financing

MotherlodeTV

Cartier Iron Corporation (CSE:CFE) (“Cartier Iron”), is pleased to announce that it is proceeding with a non-brokered private placement (the “Private Placement”) of up to 2,000,000 flow-through units of Cartier Iron at a price of $0.12 per unit (“F-T Units”) for proceeds of up to $240,000 and 7,000,000 non-flow-through units of Cartier Iron at a price of $0.10 per unit (“Units”) for additional proceeds of up to $700,000. read more

Cartier Iron Signs Definitive Agreement to Acquire a 100% Interest in the Big Easy Property, Newfoundland; Announces Change to Management

MotherlodeTV

Cartier Iron Corporation (CSE:CFE) (“Cartier Iron” or the “Company”), is pleased to announce that it has signed a Definitive Agreement to acquire a 100% interest (“Acquisition”) in the Big Easy Property (“Property”), consisting of 278 mining claims covering 69.5 km2, all located in the province of Newfoundland and Labrador, the details of which were announced by Cartier Iron on September 28, 2017. The Property is readily accessible from the Trans-Canada Highway and local roads.  The north end of the Property is located approximately 20 kilometres northwest of the town of Clarenville with St. John’s approximately 220 km southeast of the Property. read more