Author: JayCurrie

MGX Minerals Announces Bulk Sample from Heino Gold Deposit Assays up to 2 Ounce per Tonne Gold (63.3 g/t Au) and 53% Free Gold Recovery in Phase I Metallurgy Testing

JayCurrie
CSE:XMG, MGX Minerals, lithium,

VANCOUVER, BC / ACCESSWIRE / September 28, 2020 / MGX Minerals Inc. (“MGX” or the “Company“) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) announces preliminary assay and metallurgy results for extraction of gold from mineralized rock from the Heino Gold Deposit by ALS Global Canada. Three composite samples from a single 150kg bulk sample has averaged 17.3 grams per tonne gold and 20% recovery of gold by crushing and screen and up to 63.3 grams per tonne gold with a 53% recovery by screening. This is to be considered free gold recovery, prior to flotation or other extraction method. Further MET results are expected within the week. read more

Tocvan: Structure is Plumbing

JayCurrie
CSE.TOC, Tocvan Ventures, gold, silver, Mexico

Having a piece of highly prospective property is a good start for a junior resource company. Tocvan Resources (TOC.CC), after Mark Smethurst, the company’s COO, looked at over 150 possible properties, found a property with high gold and silver potential at the Pilar Gold Property in the Sonora Gold District in the north-west of Mexico. Better still, there had been over 17,000 meters of drilling done on the property. Short holes over a relatively restricted area on the property. read more

Renforth Resources: The Art of the Deal

JayCurrie

In the junior resource world there is a model where a company takes a piece of ground, works on sampling, mapping and drilling and then sells the ground at a profit. It is a great model but it is rare for a company to actually be able to execute. Nicole Brewster, CEO of Renforth Resources (V.RFR), got the job done with the sale of Renforth’s New Alger project to Radisson Mining Resources (V.RDS). read more

GR Silver: Great Drill Holes at the Plomosas Silver Project, Mexico

JayCurrie
V.GRSL, GR Silver Mining, silver, Mexico

The junior resource world runs on “news”. The most valuable news a company can bring to the market is drill results. Ideally, drill results which disclose good grades over broad intervals. The problem most juniors face is that drilling is expensive: hundreds of dollars a meter. And it is time-consuming as the core has to be split and sent to the lab for analysis. read more

Tocvan Ventures: Doing it Right in Mexico

JayCurrie
C.TOC, Tocvan Ventures, gold, silver, Mexico

When you have been in the junior resource company business – as a broker or an investor relations professional – you see a lot of companies which are flawed. Too many shares out, management lining its own pockets, projects which have no real chance. Derek Wood, having worked in various aspects within the Canadian Capital Markets since the early 90s, had seen it all and he decided that he would put together a company and do it right. read more