Marathon Announces Drilling Starting at New 1500-meter Gold Zone SW extension of the Victory Gold Trend, Valentine Lake Gold Camp, Newfoundland
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Category: featured_news
Cartier Ramps Up Expanded Chimo Mine Drill Program
Cartier Resources Inc. (TSX-V: ECR) (“Cartier” or the Corporation) announces that it is launching an expanded and potentially “game changer” Phase II drill program on its Chimo Mine project, located 45 km east of Val-d’Or, Quebec.
Enforcer Gold and SOQUEM announce updated mineral resource estimate for Roger project containing 377,000 gold equivalent ounces indicated and 365,000 gold equivalent ounces inferred
Enforcer Gold Corp (“Enforcer” or the “Company”) (TSX-V: VEIN) (FSE: N071) along with SOQUEM are very pleased to announce the results of the updated mineral resource estimate on the Mop-II gold-copper deposit at the Company’s Roger project. This new resource estimate is constrained in a conceptual open pit shell. The project is advantageously located just 5 km north of the historic mining center of Chibougamau, Quebec, has all-season road access and is crossed by a power line that serviced the past-producing Troilus Mine. Enforcer is earning a 50% interest in the Roger project from project operator, SOQUEM.
Goldplay Announces Further Sampling Results from San Marcial Historical Core; Confirms Open Pit Target Near Surface with 46.0 Meters @ 129 gpt AgEq
Goldplay Exploration Ltd. (TSXV: GPLY, OTCQB: GLYXF – the “Company” or “Goldplay”) is pleased to announce additional results from sampling of the historical core drill holes completed in 2010, on the Company’s San Marcial Project in Mexico. The core sampling program continues to successfully identify an attractive, wide, near surface high-grade mineralized zone hosted in hydrothermal breccias close to major geological structures.
Standard Lithium Reports up to 461 mg/L Lithium From Brines at Southwest Arkansas Project
Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLL) (OTCQX:STLHF) (FRA:S5L), is pleased to report laboratory results of high-quality lithium brines recovered from the Smackover Formation from the Company’s project area in southwestern Arkansas. Four brine samples recovered from two existing wells in the project area showed lithium concentrations ranging between 347–461 mg/L lithium, with an average of 450 mg/L lithium in one of the wells, and 350 mg/L in the other.
Bayhorse Silver Inc. Submits Underground Sample for Smelter Assessment and Metallurigal Evaluation, Bayhorse Mine, Oregon, USA
Bayhorse Silver Inc., (TSXV: BHS) (“Bayhorse” or the “Company”) reports that it is systematically sampling 550 feet of the newly exposed underground workings, in the most westerly segment of the historic Bayhorse Silver Mine. On completion, a further 500 feet of stopes and raises will be sampled.
MGX Minerals Announces Completion of First Hole to 1800’ at Kibby Basin, Nevada Lithium Brine Project
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to announce that joint-venture partner Belmont Resources (TSX-V: BEA) has reported that drilling has reached a depth of 1,798 feet (548 metres) into the playa sediments in hole KB-3, the first hole of the 2018 drilling program at Kibby Basin. The first section of the hole was drilled to a depth of 1,270 feet using a mud rotary method, and the remaining 528 feet was completed with a diamond core tail. A total of 126 samples of drill cuttings from the mud-rotary section of the hole have been collected and shipped to ALS Global lab facility in Reno, Nevada for assaying. Lithium and multi-element assay results from these samples will be compiled once testing is complete.
Ascendant Resources Secures $5 Million Revolving Credit Facility
Ascendant Resources Inc. (TSX: ASND) (OTCQX: ASDRF; FRA: 2D9) (“Ascendant” or the “Company”) is pleased to announce its wholly owned subsidiary, American Pacific Honduras S.A. de C.V (“AMPAC”) closed a US$5 million short-term revolving credit facility (the “credit facility”) with Banco Financiera Comercial Hondurena S.A. (“Ficohsa”) based out of Tegucigalpa, Honduras.
Manganese X Energy Corp. Acquires the Peter Lake Copper-Nickel-Cobalt Property in Quebec
Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (TRADEGATE: 9SC2) (OTC Pink: SNCGF) (the “Company” or “Manganese X “) announces that it has signed a Property Option Agreement (the “Agreement”) with a group represented by Mr. Francois Marcotte prospector as well as Guy Le Bel, Michel Delise and Rémi Charbonneau (the “Vendors”). The Vendors will continue to assist the Company by managing the exploration program guided by their significant knowledge of the Property in conjunction with our vice president of exploration Roger Dahn P. Geo.
Aben Discovers “South Boundary” Mineralized Zone 1.5km South of North Boundary Zone at Forrest Kerr Project in BC’s Golden Triangle
Aben Resources Ltd. (TSX-V:ABN) (OTCQB:ABNAF) (Frankfurt:E2L2) (the “Company”) is pleased to provide an update on its exploration drill program currently underway at the Forrest Kerr Property in BC’s Golden Triangle. The Company has intersected mineralization 1.5km south of the North Boundary Zone in a newly discovered area called the South Boundary Zone. Aben has now completed 4,850 meters of drilling in 16 holes at Forrest Kerr in 2018. The majority of drilling has taken place at the North Boundary area where high-grade precious and base metal mineralization was discovered in 2017 drill holes as well as in the first reported drill hole of 2018 (see news release dated August 9th, 2018). The ongoing drill program has been expanded and will continue well into the Fall.