Tocvan Announces Change to Board of Directors
Tocvan Ventures Corp. (CSE:TOC) (CNSX:TOC.CN) (“Tocvan” or the “Corporation”)
Author: MotherlodeTV
Stratabound Reports Latest Drill Results on Golden Culvert, Yukon Territory
- Drilling extended 200 meters beyond the 430 meters of strike drilled previously
- Four parallel gold-mineralized zones intercepted in the northern portion of a +30-ppb gold-in-soil anomaly featuring:
- High grade mineralized quartz vein and breccia core structures yielding up to 4.83 g/t gold across 1.5m down the hole,
- Broad zones of lower-grade mineralized wall-rock yielding up to 0.30 g/t gold over 24.5m flanking and inclusive of the higher-grade core structures.
Stratabound Minerals Corp. (TSXV: SB) (OTC Pink: SBMIF) (“Stratabound” or the “Company”) reports it has received complete assay results for the first six of seventeen drill holes completed on the Phase 2 diamond drilling program concluded late last fall at its flagship Golden Culvert Project in the southeastern Yukon Territory.
Clean Air Metals Announces $10 Million Bought Deal Private Placement
Clean Air Metals Inc. (“Clean Air Metals” or the “Company“) (TSXV: AIR) (FRA: CKU) (OTCQB: CLRMF) is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. on behalf of a syndicate of underwriters (collectively, the “Underwriters“), in connection with a bought deal private placement financing (the “Offering“) for total proceeds of $10 million, consisting (i) 11,904,800 flow-through shares (“FT Shares“) at a price of $0.42 per FT Share (the “FT Share Issue Price”) and (ii) 9,804,000 flow-through units (the “FT Units, and together with the FT Shares, the “Offered Securities“) at a price of $0.51 per FT Unit (the “FT Unit Issue Price”).
GR Silver Mining Signs Definitive Binding Agreement with Mako to Acquire Marlin Gold Mining Ltd.
GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver” or the “Company”) announces that further to its news releases dated December 17, 2019 and December 29, 2020, the Company and Mako Mining Corp. (“Mako” “MakoMiningCorp“) have now signed a definitive binding Share Purchase Agreement (the “Agreement“) pursuant to which the Company will acquire 100% of the issued and outstanding shares of Marlin Gold Mining Ltd. (“Marlin“) from Mako. Marlin is a private British Columbia company, 100% owned by Mako. Marlin owns, amongst other assets, Oro Gold de Mexico, S.A. de C.V. (“Oro Gold“), a Mexican company that owns the La Trinidad mine facilities (“La Trinidad“), currently being decommissioned. Oro Gold also controls 100% of nine concessions totaling 104,094.5 ha (the “Properties“) located adjacent to GR Silver’s existing portfolio of properties, hosting a number of known silver gold showings, and porphyry igneous intrusions that are of strong exploration interest to the Company for future drilling. (Figure 1).
Tocvan Announces Private Placement
Tocvan Ventures Corp. (“Tocvan” or the “Company”) (CNSX:TOC.CN) is pleased to announce it will be proceeding with a non-brokered private placement of up to 2,500,000 units (the “Units”) at USD$0.50 per Unit for gross proceeds of up to USD$1,250,000 (the “Offering”). Each Unit is comprised of one common share of the Company (a “Share”) and one share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to acquire one additional Share in the capital of the Company at a price of USD$0.70 for a period of 18 months from the date the Units are issued, subject to the accelerated expiry provision described below.
Clean Air Metals Issues Warrants to First Nation Partners under a Memorandum of Agreement
Clean Air Metals Inc. (“Clean Air Metals” or the “Company“) (TSXV: AIR) (FRA: CKU) (OTCQB: CLRMF) announces the issuance of an aggregate of 3,000,000 common share purchase warrants (the “Warrants“) to Fort William First Nation, Red Rock Indian Band and the Biinjitiwaabik Zaaging Anishinaabek (collectively, the “Participating First Nations“). The issuance of the Warrants was under the terms of a Memorandum of Agreement between the Company and the Participating First nations effective as of January 8, 2021 (the “Memorandum of Agreement“). The Warrants are being issued as part of the consideration for the Participating First Nations working with the Company on the design, approval and development of the exploration project, the Thunder Bay North Project, and as part of the Company’s accommodation of the Participating First Nations’ interests and rights related to the exploration project. The Warrants were delivered on January 26, 2021 and are subject to a four-month holding period, expiring on May 27, 2021.
Renforth Appoints Dr. James Franklin as Principal Technical Advisor on the Surimeau VMS Discovery
Renforth Resources Inc. (CSE:RFR)(OTC PINK:RFHRF)(WKN:A2H9TN) (“Renforth” or the “Company”) is pleased to announce the appointment of Dr. Franklin as the Principal Technical Advisor for our Surimeau VMS Discovery, located adjacent to the Canadian Malartic Mine, in Malartic, Quebec and approximately 20 kms. south of Agnico Eagle’s LaRonde Mine.
Eloro Resources Intersects 129.6 Grams Silver Equivalent per Tonne over 257.5m in Extensive Silver-Polymetallic Mineralization in Santa Barbara Breccia Pipe, at its Iska Iska Property, Potosi Department, Southern Bolivia
Eloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce additional results from its diamond drilling program at its optioned Iska Iska Silver-Polymetallic Project (“Iska Iska”) in the Potosi Department, southern Bolivia. To date, through its Bolivian subsidiary, Minera Tupiza S.R.L. (“Minera Tupiza”), Eloro has completed 20 holes totalling 5,573m metres from both underground (12) and surface drill holes (8). Results from the first five underground holes were reported on November 18, 2020. This release reports results for 10 additional holes. Due to the polymetallic nature of the deposit, silver equivalent (“Ag eq”) values have been included for comparative purposes. Tables 1 and 2 list significant assay results. Figure 1 is a plan map detailing the locations of the drill holes, Figure 2 is a geological cross section of the Santa Barbara Breccia Pipe and Table 3 provides drill hole collar coordinates for all holes completed to date.
Cartier Iron to Commence Diamond Drilling to Test Geophysical Targets for Low Sulphidation Epithermal Gold-Silver Mineralization Along Major Structures at the Big Easy Gold Project, Newfoundland
- 2,000m diamond drilling program to commence by the end of January to test new IP targets and Central Anomaly on major magnetic trends
- 54.5 line-kilometres of additional IP surveys to be completed on major target area in southern part of claims
TORONTO, Jan. 25, 2021 (GLOBE NEWSWIRE) — Cartier Iron Corporation (CSE: CFE) (“Cartier Iron”), is pleased to announce the start of a 2,000m, 7-hole diamond drill program at the Big Easy Gold Project in Newfoundland to test new Induced Polarization (IP) targets (see press release December 2, 2020) and follow-up drilling on the Central Anomaly where drilling in 2018 intersected a wide alteration zone which returned 0.11gAu/t and 2.65gAg/t over 180.4m (see press release December 18, 2018). Table 1 gives a list of proposed hole locations. An additional 54.5 line-kilometres of IP surveys will also be carried out to follow-up a major new target area outlined in the southern part of the property.
GR Silver Mining Appoints Dr. Honza Catchpole as VP Exploration
GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to announce the appointment of Dr. Honza Catchpole as VP Exploration effective January 20, 2021.