Cartier Increases Gold Resources at Mine Chimo Property to 684,000 oz Indicated and to 1,358,000 oz Inferred
Highlights :
Author: MotherlodeTV
First Mining’s Joint Venture Partner Fulfils Stage 1 Expenditure Requirements for the Pickle Crow Gold Project, Ontario, Canada
First Mining Gold Corp. (“First Mining” or the “Company”) (TSX: FF) (OTCQX: FFMGF) (FRANKFURT: FMG) is pleased to report that it has received notice from Auteco Minerals Ltd (“Auteco”) (ASX: AUT) that Auteco has fulfilled the Stage 1 $5 million expenditure requirement as stipulated under the earn-in agreement with First Mining in respect of the Pickle Crow Gold Project (“Pickle Crow”) located in northwestern Ontario, Canada. As a result, Auteco will now hold a meeting of its shareholders to approve the issuance of 100,000,000 Auteco shares to First Mining, and it will apply to the Australian Securities Exchange (the “ASX”) for listing approval for such shares. First Mining expects to receive the 100,000,000 Auteco shares by the end of April, and upon receipt of such shares, Auteco will earn a 51% interest in PC Gold Inc. (“PC Gold”), the Company’s wholly-owned subsidiary that owns Pickle Crow.
Clean Air Metals hits Norilsk-style Nickel-Copper Massive Sulfides, 350m North of Escape South High Grade Zone
Clean Air Metals Inc. (“Clean Air Metals” or the “Company“) (TSXV: AIR) (FRA: CKU) (OTCQB: CLRMF) is very pleased to announce new assay results from the drilling campaign at the Escape Lake Deposit currently underway at the Company’s Thunder Bay North Project (the “Project“). Highlights in Table 1 and Figure 1 include:
Tocvan Completes Exploration Program at Pilar Gold-Silver Project Sonora, Mexico. Mapping Defines Three New Vein Zones.
Tocvan Ventures Corp. (CNSX:TOC.CN) (“Tocvan” or the “Corporation”) is pleased to provide an update on exploration at its flagship Pilar Gold-Silver Project. Work completed includes detailed mapping and sampling of key targets across the Project Area (Figure 1). The aim of the program was to advance key targets with no previous mapping or detailed sampling to drill ready status for a Phase II drill program. A total of 207 rock chip samples were collected covering the entire property, assay results are pending.
Newlox Gold Welcomes Tarrnie Williams to the Advisory Board
Vancouver, BC – TheNewswire – 18 March 2021 – Newlox Gold Ventures Corp. (“Newlox” or the “Company”) (CNSX:LUX.CN) (Frankfurt/Stuttgart:NGO) (OTC:NWLXF) is pleased to welcome Tarrnie Williams to the Company’s advisory board. Tarrnie is a highly experienced executive who has served on the board of several successful public and private companies over his 50-year business career. Tarrnie’s involvement in the development and commercialization of technology companies, including founding Canada’s first public software company and experience as CEO of Electronic Arts Canada, will be instrumental in developing Newlox’s emerging green mining technology division.
Gran Colombia Provides Production Update; Declares April 15, 2021 Monthly Dividend; Announces 2020 Fourth Quarter and Year End Results Webcast
Gran Colombia Gold Corp. (TSX: GCM; OTCQX: TPRFF) announced today that it remains on track to produce between 200,000 and 220,000 ounces of gold in 2021 from its high-grade Segovia Operations in Antioquia, Colombia. In February 2021, Gran Colombia produced 15,354 ounces of gold and 18,922 ounces of silver at Segovia bringing the total for the first two months of the year to 30,415 ounces of gold and 37,519 ounces of silver.
Etruscus Samples High-Grade Copper and Silver at Sugar; VTEM Results Suggest Massive Sulphide Source
Etruscus Resources Corp. (CSE: ETR) (OTC: ETRUF) (FSE: ERR) (the “Company” or “Etruscus”) is pleased to announce VTEM© and rock sampling results from the Sugar Property “Hammer” target, just 5 kilometres northwest of the Company’s flagship Rock & Roll Project in the Eskay Camp. The “Hammer” has been upgraded to a well-defined drill target due to its strong geophysical and geochemical signatures.
NexGen Announces Exercise of $22.5 Million Over-Allotment Option in Connection with Recently Completed Bought Deal Financing
NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) is pleased to announce that the Underwriters (as defined below) have exercised their over-allotment option (the “Over-Allotment Option”), in full, to purchase an additional 5,010,000 common shares in the capital of the Company (the “Common Shares”) at a price of $4.50 per Common Share, in connection with the Company’s recently completed underwritten public offering of 33,400,000 Common Shares, which closed on March 11, 2021 (the “Offering”). Upon closing of the Over-Allotment Option, the Company received additional gross proceeds of $22,545,000, resulting in total gross proceeds from the Offering of approximately $172.8 million.