Category: featured_news

MGX Minerals Announces New Discoveries and Completion of 50 Hole Drill Program At Case Lake Lithium, Ontario; 20 Hole Follow-up Drill Program Set For January 2018

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CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / OTCQB: MGXMF / FKT: 1MG) is pleased to announce the completion of the Fall 2017 drill program at its Case Lake Lithium joint venture with Power Metals Corp. (TSX.V: PWM) (“Power Metals”), located 80km East of Cochrane, Ontario. A total of 50 diamond drill holes comprising 5400 meters have now been completed (Figure 3). The majority of drill core is currently being assayed, assay highlights to date at the Main Dyke include: read more

Canadian Gold Miner and Osisko Mining team up to accelerate gold exploration projects in Ontario

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V.XTM, Transition Metals

Canadian Gold Miner Corp. (“CGM” or the “Company”) and Transition Metals Corp. (a 40% owner of CGM;   XTM – TSX.V, “Transition”) are pleased to announce that CGM has today concluded a transaction with Osisko Mining Inc. (“Osisko”) to acquire the DeSantis property, a historical gold producer located in the heart of the Timmins Gold Camp, and an option on the Catharine Property, a large exploration land package near CGM’s focus area south of Kirkland Lake, Ontario in exchange for 2.5 million common shares of CGM valued at $0.20 per share. Concurrent with the transaction, Osisko also has completed a $1.0 million private placement in CGM consisting 5.0 million units priced at $0.20 with each unit consisting of a common share and a half common share purchase warrant exercisable at $0.35 for a period of two years. read more

Cartier Iron Completes Acquisition of a 100% Interest in the Big Easy Property, Newfoundland

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Cartier Iron Corporation (CSE:CFE) (“Cartier Iron” or the “Company”), is pleased to announce the completion of the acquisition of a 100% interest (“Acquisition”) in the Big Easy Property (“Property”), following the registration of title by the proper authorities in the province of Newfoundland and Labrador. The Property consists of 278 mining claims covering 69.5 km2, all located in the province of Newfoundland and Labrador. The terms and details of the Acquisition were announced by Cartier Iron on October 31, 2017 and September 28, 2017. The Property is readily accessible from the Trans-Canada Highway and local roads.  The north end of the Property is located approximately 20 kilometres northwest of the town of Clarenville with St. John’s approximately 220 km southeast of the Property. read more

GGX Gold Announces Private Placement

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GGX Gold logo

GGX Gold Corp. (TSX-V: GGX) (OTC PINK: GGXXF) (the “Company” or “GGX“) is pleased to announce that is has arranged a non-brokered private placement of 2.5 million units at a price of $0.10 cents per unit for gross proceeds of $250,000. The units of the financing will comprise of one common share and a full share purchase warrant, which may be exercised for a period of three years at a price of $0.15 per share. The term of the warrants may be accelerated in the event that the issuer’s shares trade at or above a price of $0.20 cents per share for a period of 10 consecutive days. In such case of accelerated warrants, the issuer may give notice, in writing or by way of news release, to the subscribers that the warrants will expire 30 days from the date of providing such notice. Directors, officers or other insiders of the Company may participate in the foregoing offerings, and such parties may sell securities of the Company owned or controlled by them personally through the facilities of the TSX Venture Exchange to finance participation in such offerings. read more

Bonterra Completes All-Season Exploration Camp to Support Expanding Resource Development Program at Gladiator Gold Project

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Bonterra, V.BTR, gold
Bonterra Completes All-Season Exploration Camp to Support Expanding Resource Development Program at Gladiator Gold Project (CNW Group/BonTerra Resources Inc.)

Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to highlight the construction of a new, all-season exploration camp at the Gladiator Gold Project. The expansion to a larger year-round exploration camp will support the continued advancement of the aggressive resource development program at the Gladiator Gold Deposit. Bonterra plans to mobilize two additional drills (totaling six) in early 2018 for a winter drilling campaign. read more

Cartier Intersects 9.4 g/t Au Over 6.5 Meters at Chimo Mine

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Cartier Resources

Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce results from its 25,000-m ongoing drill program on the Chimo Mine property, located 45 km east of Val-d’Or. The 2B Zone (2 Structure) was intersected 150 m east-north-east of the shaft (FIGURE). The intersection graded 9.4 g/t Au over 6.5 m including 56.0 g/t Au over 0.5 m and 25.2 g/t Au over 2.0 m (refer to Table below). read more

Argentina Lithium Expands Holdings, Plans Up to 10,000 metres of Drilling at Lithium Projects

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Argentina Lithium, V.LIT

Argentina Lithium & Energy Corp. (TSX-V:LIT) (FSE:OAY1) (WKN:A0RK7E) (OTC:PNXLF) “Argentina Lithium” or the “Company”) is pleased to provide an update on exploration programs on its two active lithium exploration projects at the Arizaro and Incahuasi salars located in the prolific Lithium Triangle in Argentina.  Due to an increase in activities, a new Project Manager is being hired to manage exploration moving forward. read more