Category: featured_news

Bonterra Further Increases the Width and Strike Length of the Gladiator Gold Deposit; 9.4 m of 8.2 g/t Au Intersected in the Main Zone

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Bonterra, V.BTR, gold

Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce that the ongoing Resource Development Program in and around the Gladiator Gold Deposit has successfully increased the width of the Main Zone and extended the strike length of multiple gold-bearing horizons. The results from the current drilling campaign continue to expand the size and further confirm the continuity of the Gladiator Gold Deposit. Noting the aggressive drill program at Gladiator, assays from multiple drill holes are pending in lab, and the Company anticipates additional drill results in the near future. read more

Sierra Metals Strengthens Board of Directors with the Appointment of Jose Alberto Vizquerra-Benavides

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T.SMT, Sierra Metals

Sierra Metals Inc. (TSX: SMT) (NYSE American: SMTS) (BVL: SMT) (“Sierra Metals” or the “Company”) is pleased to announce the appointment of Mr. Jose Alberto Vizquerra-Benavides to its Board of Directors effective immediately.  Mr. Vizquerra will also join the Sierra Metals Audit Committee effective immediately replacing Igor Gonzales who is stepping down from the Audit Committee. read more

Arizona Mining Reports High Grade Infill and Step-Out Holes in Feasibility Drilling

233 feet assaying 12.6% combined zinc-lead; and 5.5 opt silver
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Arizona Mining, T.AZ, zinc, lead, silver

Arizona Mining Inc. (TSX:AZ) (“Arizona Mining” or the “Company”) announces strong results for seven exploration holes from the current drill program focused on expansion of the Taylor Sulfide Zone (“TS”) and Taylor Deeps Zone (“TDS”) located on its 100%-owned Hermosa Project in Santa Cruz County, Arizona. The drill holes highlighted in this release are successful step-out exploration and infill drill holes highlighting the continued potential for resource growth and increased grades, as distinct from the Preliminary Economic Assessment (“PEA”) (see Press Release dated April 3, 2017).
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Blue Sky Reports Significant Vanadium Zone at the Anit Target, Amarillo Grande Project, Argentina

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Blue Sky Uranium Corp. (TSX-V:BSK) (FSE:MAL2) (OTC:BKUCF), “Blue Sky” or the “Company”) is pleased to report that the integration of the 2017 Phase I drill results at the Anit target (see News Release dated September 18, 2017) with data from previous sampling programs carried out by the Company has led to the delineation of a significant area of vanadium mineralization, covering a much larger area  than the previously defined uranium mineralized zone (see Figure 1: https://www.blueskyuranium.com/assets/news/2017-11-08-nrm1-bsk-h8nb22.pdf). read more

Margaux Resources Announces High Grade Zinc Mineralization from Jackpot East and Further Broad Mineralization from Lerwick Zone, as Part of its Jackpot Drill Program

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Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) (“Margaux” or the “Company”) has received further results from the Company’s recent drill program on the Jackpot zinc property, part of the Company’s Kootenay Arc project in southern B.C., showing high grade zinc mineralization from the Jackpot East zone, as well as a further broad interval of low grade mineralization at the Lerwick zone. read more

MGX Minerals Initiates Geophysical Survey at Utah Petrolithium Project, Blueberry Unit, Paradox Basin

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CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to report the Company has engaged Dawson Geophysical Company (“Dawson”) of Houston, Texas to conduct a detailed seismic geophysical survey over the Blueberry Unit within the Company’s Paradox Basin Petrolithium project in Utah (“Paradox Basin” or the “Project”). Preparations are underway and Dawson expects to commence the survey shortly. The goal of the survey is to identify subsurface geological formations and structures favorable to the accumulation of oil, gas and mineral brine deposits. read more

Cartier Resources Announces $4.0 Million Bought Deal Flow-Through Private Placement and $2.0 Million Common Share Private Placement

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Cartier Resources

Cartier Resources Inc. (“Cartier” or the “Company”) (TSX VENTURE:ECR) is pleased to announce that it has entered into an agreement with Sprott Capital Partners to act as the lead underwriter in connection with a bought deal underwritten private placement of 12,120,000 common shares of the Company issued on a flow-through basis (the “FT Shares”), at a price of $0.33 per FT Share, for gross proceeds of $3,999,600, as well as the sale on an “best efforts” agency basis of up to 10,000,000 common shares of the Company (the “Common Shares”), at a price of $0.20 per Common Share, for gross proceeds of up to $2,000,000. Collectively the FT Share offering and Common Share offering shall be known as the “Offering”. read more

GGX Gold Receives Assay Results from the Gold Drop Property, including 297 g/t Au and 1290 g/t Ag, Greenwood BC

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GGX Gold logo

GGX Gold Corp. (TSXV: GGX) (the “Company” or “GGX”) is pleased to announce the receipt of grab sample assay results from the high grade Gold Drop Property located near Greenwood in southern British Columbia. The 2017 fall program on the gold Drop Property consisted of soil sampling and prospecting. The program was located in the Gold Drop Southwest Zone and Gold Drop Main Zone.  A total of 11 samples returned values above 1 g/t Au. read more

Tinka more than doubles inferred mineral resources at Ayawilca: 42.7 million tonnes grading 7.3 % zinc equiv., & 10.5 million tonnes grading 0.70 % tin equiv.

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Tinka Resources, V.TK
Zinc Zone Inferred Mineral Resources at Ayawilca as of October 10, 2017 (CNW Group/Tinka Resources Limited)

Tinka Resources Limited (“Tinka” or the “Company“) (TSXV : TK) (OTCPK: TKRFF) is pleased to announce a Mineral Resource update for its 100%-owned Ayawilca zinc- indium-silver-lead sulphide deposit in Peru which includes the addition of ~15,000 metres of drilling completed so far in 2017.  The zinc resource at Ayawilca is now estimated to be 42.7 million tonnes grading 7.3 % zinc equivalent (ZnEq).  In addition, Tinka announces an updated tin-copper-silver resource estimated to be 10.5 million tonnes grading 0.70% tin equivalent (SnEq).  The Tin Zone and Zinc Zone resources do not overlap.  Both of the Mineral Resources were assigned to the Inferred category and reported at an NSR cut-off value of US$55/tonne, as estimated by Roscoe Postle Associates Inc. (RPA Inc.) of Toronto, Canada.  Drilling beyond the Mineral Resource boundaries is continuing.  read more