Category: featured_news

Ascendant Resources Announces Q1 2018 Production Results Highlighting Growing Metal Production With Improved Zinc Grades

MotherlodeTV

Record contained metal production of 21.4 million ZnEq lbs, an increase of 9% over Q4 2017 and 57% over Q1 2017
•ZnEq grade of 6.1%, representing an increase of 15% over 5.3% ZnEq in Q4 2017 and 9% over Q1 2017
•Cash balance of US$13.1 million at March 31, 2018 vs US$8.0 million at year end 2017
•Quarterly tonnes milled of 186,955 vs 198,354 tonnes in Q4 2017 and 131,116 in Q1 2017 read more

MGX Minerals Files Technical Report for Driftwood Creek Magnesium Preliminary Economic Assessment; Pre-Tax NPV of C$529.8 Million

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CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) announced today that it has filed on SEDAR a National Instrument 43-101 Preliminary Economic Assessment (“PEA”) Technical Report for its Driftwood Creek magnesium project (“Driftwood Creek”) located in southeastern British Columbia. read more

Bonterra Achieves up to 99.4% Gold Recoveries from Preliminary Metallurgical Studies, Including up to 76.1% from the Gravity Circuit

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Bonterra, V.BTR, gold

Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce that it has received highly positive results for its preliminary metallurgical testwork, which forms part of its ongoing Resource Development Program at its 100% controlled Gladiator Gold Deposit in Quebec, Canada. Results to date show total gold recoveries of up to 99.4%, including 76.1% from the Gravity circuit. read more

MGX Minerals Announces Expanded Capacity of Next Generation Zinc-Air Fuel Cell Battery

MotherlodeTV
CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to announce that its wholly owned subsidiary ZincNyx Energy Solutions Inc. (“ZincNyx”) has developed new methods to expand the capacity of its zinc-air fuel cell battery as part of the mass production design phase. read more

Victoria Gold Announces Execution of Definitive Documentation for the Eagle Financing Package and Closing of Equity and Royalty (First Tranche)

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V.VIT, Victoria Gold, gold, yukon

Victoria Gold Corp. (TSX:V-VIT) “Victoria” or the “Company” is pleased to announce that it has finalized and executed definitive transaction agreements with Orion Mine Finance (“Orion”), Osisko Gold Royalties Ltd (“Osisko”) and Caterpillar Financial Services Limited (“Cat Financial”) with respect to the previously announced construction financing package totalling approximately C$505 million in aggregate (the “Financing”) that will fully fund the development of the Eagle Gold project through to commercial production. read more

Bird River Resources Reports on Halt Trading

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Bird River Resources Inc. (CSE:BDR) (the “Company”) announces that the Canadian Securities Exchange (the “CSE”) advised the Company that trading of the Company’s shares on the CSE has been temporarily halted pending the Company providing the CSE with additional disclosure with respect to its previously announced acquisition of High Point Oil Inc. (“High Point”) by way of a share exchange (the “Transaction”). The CSE has advised the Company that the Transaction, together with certain changes in the composition of the Company’s management and the Company’s previously announced joint ventures with Divestco Inc. (“Divestco”), may collectively constitute a “fundamental change” pursuant to the policies of the CSE. read more

Cartier Iron Retains European Investor Relations Firm

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– Cartier Iron Corporation (CSE:CFE)  (“Cartier Iron” or the “Company”) is pleased to announce that it has retained Profinnotiv AG (“Profinnotiv”) to provide Cartier Iron with investor and public relations services in the European market. Cartier Iron has a significant shareholder base in Europe and it is anticipated that Profinnotiv will leverage their extensive relationships within the professional investment community to expand the Company’s profile and communicate with Cartier Iron’s current and future shareholders. 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

Bird River Resources Partners with Divestco to Create a Low-Cost Cryptocurrency Mining Centre

Turnkey data infrastructure, in-house technical expertise and low-cost electricity at 1.4 cents per kilowatt hour drive competitive advantage
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Bird River Resources Inc. (CSE: BDR) (“Bird River”) and Divestco Inc. (TSXV: DVT) (“Divestco”) today announced a joint venture to create a high-volume, cost-effective commercial cryptocurrency mining operation based in Calgary, Alberta using existing infrastructure. read more