Category: featured_news

MGX Minerals Completes TDEM Geophysical Survey at Salinitas Lithium Project – Salinas Grande Salar, Argentina

MotherlodeTV
CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to report completion of the previously announced Time Domain Electromagnetic (TDEM) survey at the Salinitas lithium brine project (the “Project”) located in the Salinas Grande Salar of northwest Argentina. The TDEM geophysical survey was conducted across 52 stations at 500 meter totaling approximately 26 kilometers. Data compilation is underway and interpretation is expected to begin shortly. Based on interpretation of the TDEM data, the Company is now preparing to carry out trenching as well as an auger drilling program to test for shallow, near surface brines that contain anomalous concentrations of lithium and other elements correlated with geophysics in preparation for definition of drill targets. read more

MGX Minerals Drills Up to 105 Meters of 98.7% Silica at Koot Silicon Project

MotherlodeTV
CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to report results of diamond drilling from its Koot silicon project (“Koot”) north of Cranbrook, British Columbia. Nine drill holes were completed across 50 meter spacings to further expand known mineralization within the North and South zones. Five drill holes were located in the North Zone and were collared in quartzite and ended in quartzite. Four holes collared in the South Zone started in quartzite and two out of four holes ended in quartzite. The Company began evaluation of commercial applications for silica with silicon processing experts DORFNER ANZAPLAN this Spring; including testing of material for upgrading of metallurgical grade and solar-grade silicon with results expected shortly. read more

White Gold Corp Drills 6.9g/t Au over 32.0m, 4.6g/t Au over 44.9m, Encounters Additional Near Surface Gold Mineralization on Golden Saddle and Provides Update on 2018 Exploration Program

MotherlodeTV

White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to provide an update on its fully funded $9 million exploration program and announce initial diamond drilling results. The 2018 program is designed to expand on and discover new resources on its flagship White Gold property as well as test several regional targets on its extensive land package representing approximately 40% of the White Gold District in Yukon, Canada. The initial phase of the diamond drilling program was designed to explore previously underexplored portions of the Golden Saddle deposit. Images to accompany this news release can be found at http://whitegoldcorp.ca/investors/exploration-highlights/. read more

Aben’s First Drill Hole Discovers Multiple High-Grade Zones Including 62.4 g/t Gold over 6.0m within 38.7 g/t Gold over 10.0m at Forrest Kerr Project in BC’s Golden Triangle

MotherlodeTV

Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) (the “Company”) is pleased to report that assay results from the first drill hole of 2018 have been received with multiple high-grade zones and precious metal values intersected in the hole at shallow depths. Drill hole FK18-10 was collared in the North Boundary Zone of the Forrest Kerr Property in BC’s Golden Triangle region where drilling late in the season in 2017 discovered strong precious and base metal mineralization. Hole FK18-10, the first of eight holes that have been drilled thus far, has four separate high-grade zones with the best zone returning and interval of 38.7 g/t Au over 10.0m including 62.4 g/t Au over 6.0m starting at 114 metres downhole. read more

MGX Acquires Lithium Brine Projects in Chile – Rapid Lithium Extraction to be Tested – Drilling to Commence Shortly

MotherlodeTV
CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to announce it has entered into an Memorandum of Understanding (the “MOU”) to acquire 50% of the issued shares of Chilean Lithium Salars SpA (“CLS”). CLS is a wholly owned subsidiary of Chilean Lithium Salars Holdings Ltd. (“CLSH”) and holds a 100% interest in three prospective lithium exploration Projects (the “Projects”) located in Chile, including Francisco Basin, Laguna Brava and Laguna Escondida Lithium Projects. read more

MGX Minerals Increases Ownership in Lithium and Cleantech Partner PurLucid Treatment Solutions; Provides First Plant Deployment Update

MotherlodeTV
CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to report the Company has increased its ownership in engineering partner PurLucid Treatment Solutions (“PurLucid”) to 55% with the investment of $2.6M. read more

Goldplay Appoints Vice President, Corporate Development & Exploration

MotherlodeTV
V.GPLY, Goldplay Exploration, gold
Cision

Goldplay Exploration Ltd. (TSXV: GPLY, OTCQB: GLYXF – the “Company” or “Goldplay”) is pleased to announce  the appointment of Mr. Trevor Woolfe to the newly created position of Vice President, Corporate Development and Exploration. As Vice President, Corporate Development and Exploration, Mr Woolfe will identify and assess new opportunities with the potential to grow the Company, engage in investor relations and marketing, raise the Company profile in the investment community  and enhance its shareholders’ value, as well as providing management support to ongoing exploration activities. Mr. Woolfe will report directly to the President and CEO of Goldplay, Mr. Marcio Fonseca. read more

MGX Announces Drilling at Kibby Basin, Nevada Lithium Brine Project

MotherlodeTV
CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to announce that drilling has  commenced at the Kibby Basin, Nevada lithium brine property (“Kibby Basin” or the “Property”). The drill program is being conducted by Harris Exploration Drilling & Associates Inc. (“Harris”). Harris has extensive experience drilling Clayton Valley lithium brines.  Clayton Valley is the home of Abermarle’s Silver Peak Mine, the only US lithium producer and is located 50km to the South of the Kibby Basin. Eight drill targets were generated based on results from a Quantec MT geophysical survey completed in January. The proposed drill holes are designed to test a large MT conductor which may represent aquifers containing lithium brines. The drill holes have been designed to intercept the MT anomaly starting at depths of 325 m (1065 ft.) and continue to as deep as 760 m (2500 ft.). The objective is to determine the nature of the conductor, collect sediment samples for lithium analyses, identify aquifers and sample water and any brines encountered. read more