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Blue Sky Uranium Corp. (TSX-V:BSK) (FSE:MAL2) (OTC:BKUCF) (“Blue Sky” or the “Company”) is pleased to announce a non-brokered private placement financing of up to 5,500,000 units at a price of $0.19 per unit for gross proceeds of $1,045,000.
Argentina Lithium & Energy Corp. (TSX-V:LIT) (FSE:OAY1) (WKN:A0RK7E) (OTC:PNXLF) “Argentina Lithium” or the “Company”) is pleased to provide an update on exploration programs on its two active lithium exploration projects at the Arizaro and Incahuasi salars located in the prolific Lithium Triangle in Argentina. Due to an increase in activities, a new Project Manager is being hired to manage exploration moving forward.
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”) is nearing completion of the 5,000 metre drill program at Case Lake Lithium. Forty-four holes have been completed to date. The program has been extended and five more shallow holes are planned for a total of 49 drill holes (See Figure 2 below).
Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce the identification of a fifth new parallel gold zone at the Gladiator Gold Deposit. This new “Barbeau Zone”, intersected by six drill holes up to 800 m below surface, was identified south of the “South Zone”. The Company is aggressively completing its 2017 Resource Development Program, with four diamond drill rigs completing a 50,000 m program. In addition, multiple holes are in the lab with assays pending, and Bonterra expects to expand to six drill rigs during the upcoming 2018 winter season.
Falco Resources Ltd. (TSX VENTURE: FPC) (“Falco” or the “Corporation”) announces that the eight (8) nominees listed in the management information circular dated October 10, 2017, were elected as directors of Falco.
Marathon Gold Corporation (TSX:MOZ) (“Marathon”) announced today its financial results for the period ended September 30, 2017.
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) Marathon Gold Corporation is pleased to announce that it has acquired the 3% precious metals NSR royalty and the 2% base metals NSR royalty on its Valentine Lake gold property in central Newfoundland from a third party for US$8.7 million. Marathon believes this purchase is in the best interest of the Company as it continues to develop the Valentine Lake property.
Arizona Mining Inc. (TSX:AZ) (“Arizona Mining” or the “Company”) is pleased to announce it has been selected by the Prospectors and Developers Association of Canada to receive the 2018 Thayer Lindsley Award for the discovery of its Taylor zinc-lead-silver deposit at the Hermosa project in Arizona.
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.
