Drilling at the Marathon Deposit Continues to Provide significant intersections including: 1.95 g/t Gold over 82.7 meters & 3.42 g/t Au over 28.8 meters Valentine Lake Gold Camp, Newfoundland
Highlights:
Author: MotherlodeTV
Cartier Intersects 9.4 g/t Au Over 6.5 Meters at Chimo Mine
Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce results from its 25,000-m ongoing drill program on the Chimo Mine property, located 45 km east of Val-d’Or. The 2B Zone (2 Structure) was intersected 150 m east-north-east of the shaft (FIGURE). The intersection graded 9.4 g/t Au over 6.5 m including 56.0 g/t Au over 0.5 m and 25.2 g/t Au over 2.0 m (refer to Table below).
Blue Sky Announces Non-Brokered Private Placement
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 Expands Holdings, Plans Up to 10,000 metres of Drilling at Lithium Projects
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 Announces Case Lake Lithium Project Drilling Nears Completion
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 Identifies New “Barbeau Gold Zone” at the Gladiator Gold Deposit with Intersection of 22.2 g/t Au over 1.9 m
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 Announces Election of Directors
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 Announces Q3 2017 Financial Results
Marathon Gold Corporation (TSX:MOZ) (“Marathon”) announced today its financial results for the period ended September 30, 2017.
Marathon Gold Buys Back the 3% Precious Metals and 2% Base Metals Royalty on the Valentine Lake Gold Property in Newfoundland
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.