Author: JayCurrie

Marathon Increases Overall Gold Resources to 2,137,400 ounces M&I at 1.99 g/t gold and 1,104,700 ounces Inferred at 1.99 g/t gold at the Valentine Lake Gold Camp, Newfoundland

JayCurrie
T.MOZ, Marathon Gold, gold, Newfoundland, Phillip Walford

TORONTO, May 01, 2018 (GLOBE NEWSWIRE) — Marathon Gold Corporation (“Marathon” or the “Company”) (MOZ:TSX) has established a new Mineral Resource Estimate for the Marathon Deposit at its 100% owned Valentine Lake Property prepared under the direction of John T. Boyd Company in accordance with National Instrument 43-101 (“NI 43-101”). The resources were revised as part of the soon to be released Preliminary Economic Assessment (PEA). All the gains came from the Marathon Deposit which was updated as of March 5, 2018. read more

Ascendant Resources Almost Triples Contained Zinc in Mineral Reserves at El Mochito Extending Life of Mine Beyond 7 Years

JayCurrie
Ascendant Resources
Figure 1 – Plan For MRMR

TORONTO, April 10, 2018 (GLOBE NEWSWIRE) — Ascendant Resources Inc. (TSX:ASND) (OTCQX:ASDRF) (FRA:2D9) (“Ascendant” or the “Company”) is very pleased to report the results of an updated Mineral Resource & Reserve Estimate for its El Mochito mine in Honduras prepared in accordance with National Instrument 43-101 and the CIM Standards. The new Estimate shows a material increase in both Mineral Resources and Reserves against the previous Mineral Resource and Reserve Estimates dated December 31, 2015, underscoring the mine’s long history of expanding and upgrading Mineral Resources. Highlights include the following: read more