Cartier IP Survey Outlines 4km Long Chargeability Anomaly Marking Major Epithermal System at Big Easy Property, Newfoundland
Chargeability anomaly extends 4km along strike from the Big Easy to ET showings and is open to the north and south
Category: featured_news
MGX Minerals Announces Record Date for Dividend of ZincNyx Energy Solutions Shares; Provides Public Listing Update
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (OTCQB:MGXMF) (FSE:1MG) is pleased to provide an update regarding the proposed spin-out of its wholly owned subsidiary, ZincNyx Energy Solutions Inc. (“ZincNyx”), the intentions for which were previously announced in the Company’s April 3, 2018 news release (the “Prior Release”). The Company has determined to fix June 29, 2018 as the record date (the “Record Date”) for the proposed distribution of the payment of a dividend in kind of common shares in the capital of its wholly owned subsidiary, ZincNyx (the “ZincNyx Shares”) to shareholders of MGX as of the Record Date (“MGX Shareholders”). U.S shareholders will be eligible to receive the proposed distribution, however there is no guarantee ZincNyx shares will be listed on a qualified U.S. exchange. The Company expects to issue dividend shares totaling 25%-40% of its holdings in ZincNyx to MGX Shareholders of Record, pending final audit and pricing of shares.
MGX Minerals Processes Lithium Brine from South American Salar Samples and North American Geothermal Brine Samples; Negotiations Underway for Plant Deployment
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) is pleased to provide an update on North and South American lithium operations.
Manganese X Corporate Update
Manganese X Energy Corp. (TSXV: MN) (FSE: 9SC2) (TRADEGATE: 9SC2) (OTC Pink: SNCGF)( “Manganese X” ) is pleased to announce that negotiations with Calgary based Mountain Springs Oil and Gas Ltd. (“Mountain Springs”) to acquire a 15 % equity interest in Mountain Springs are progressing well (refer to previous press release March 23rd 2018). Mountain Springs has advised that funding for the expected acquisitions by Mountain Springs will be secured through Integrated Asset Management Corp. and Stonebridge Financial.
Bird River Resources Announces AGM Results
Bird River Resources Inc. (BDR:CSE) (“BDR” or the “Corporation”) reports that, at the 2017 Annual and Special Meeting of shareholders held in Winnipeg on April 19, 2018, all matters set forth in the management information circular were approved by the shareholders. Jon Bridgman (CEO), Ed Thompson (Secretary Treasurer), Donal Carroll, Ty Pfeifer and David Walters were elected to the board of directors for the 2018 fiscal year. Also, the shareholders approved the re-appointment of Magnus LLP Chartered Professional Accountants as the Company’s auditors.
MGX Minerals Completes Paleontology Survey at Paradox Basin, Utah Petrolithium Project; Archaeological Study Nearing Completion
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to provide an update on the Company’s Paradox Basin Petrolithium Project (the “Project”). The Project includes the 80,380-acre Blueberry Unit, a recently unitized Federal Oil and Gas Unit created as part of the Project.
Enforcer Gold’s Drilling on the OR79 Zone Outlines Two Mineralized Corridors, Montalembert Gold Project
Enforcer Gold Corp (“Enforcer” or the “Company”) (TSX-V: VEIN; FSE: N071) is pleased to announce the results from its first-pass diamond drilling program on the OR79 zone, discovered in 2017 at the Company’s Montalembert gold project in Quebec.
Enforcer Announces Completion of the Phase 1 Drilling Program on the Mop-II Gold-Copper Deposit, Roger Project, Québec
Enforcer Gold Corp (“Enforcer” or the “Company”) (TSX-V: VEIN – FSE: N071) is pleased to announce the completion of its Phase 1 diamond drilling program at its Roger Project and the engagement of Consortium Geologica Groupe-Conseil Inc. and GeoPointCom Inc. to complete a new resource estimate on the Mop-II deposit. The Roger project is strategically located in the Chibougamau Mining Camp, ~5km northwest of the historic mining centre of Chibougamau, Quebec. Enforcer has an option to acquire a 50% interest in the Roger property from project operator, SOQUEM.
Standard Lithium Completes Successful Gravity Geophysical Survey at Cadiz Dry Lake, California Lithium Project
Standard Lithium Ltd. (“Standard Lithium” or the “Company”) (TSXV:SLL) (FRA:S5L) is pleased to announce that Hasbrouck Geophysics Inc. has successfully completed a large-scale gravity geophysical survey at the Company’s Cadiz Dry Lake Project, in the Mojave area of California. The Cadiz Dry Lake Property is located approximately 20 km southeast of the Company’s Bristol Dry Lake Property and is currently permitted for brine extraction and processing activities. The work has defined an infilled basin with a maximum depth of just over 700 m beneath the Project area.