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Rye Patch Gold Corp. (TSX.V: RPM; OTCQX: RPMGF; FWB: 5TN) (the “Company” or “Rye Patch”) reports that it has completed a record setting month at the Company’s flagship Florida Canyon mine in Pershing County, Nevada.
Argentina Lithium & Energy Corp. (TSX-V:LIT) (FSE:OAY1) (WKN: A0RK7E) (OTC:PNXLF), “Argentina Lithium” or the “Company”) is pleased to announce that it has acquired a 100% interest in, or has under application, mineral rights totaling 23,700 hectares covering the entire Incahuasi Salar and basin in Catamarca Province, Argentina. The salar is situated within the “Lithium Triangle” of Argentina and Chile, and has characteristics prospective for lithium-rich brines. Initial sampling of near-surface brines has returned up to 409mg/L lithium, and geophysical surveying indicates the potential for lithium-rich brines at depth.
MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTCQB: MGXMF) is pleased to report that engineering partner PurLucid Treatment Solutions (“PurLucid”) has been awarded a non-repayable contribution totaling up to C$8.2 million in government funding to support the commercialization of a low energy water treatment system for the oil and gas industry. Specifically, Sustainable Development Technology Canada (“SDTC”) and Emissions Reduction Alberta (“ERA”) have agreed to fund up to $3.2 million and $5 million, respectively. MGX currently owns a 34% interest in Purlucid and has the right to acquire 100% through successive future investments. Working with MGX, Purlucid invented and filed patent applications for apparatus and methods for brine treatment and selective lithium recovery that integrates with the MGX Petrolithium Recovery Process, greatly reducing the cost of recovery and enhancing the quality across the complex range of brines received from oil and gas wells.
Sierra Metals Inc. (TSX:SMT) (NYSE American: SMTS) (BVL:SMT) (“Sierra Metals” or the “Company”) will release it’s 2017 third quarter consolidated financial results on Thursday, November 9, 2017 after market close. Senior Management will also host a webcast and conference call on Monday, November 13, 2017 at 10:30am EST. Details of the Conference Call and Webcast are as follows:
Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) (“Margaux” or the “Company”) is pleased to announce that, subject to TSX Venture Exchange approval it intends to issue, pursuant to a non-brokered private placement, up to:
Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce that a 7000-meter drill program has been launched on the Fenton property, situated 50 km south-east of Chapais. Two drills will be employed for this program in order to explore the depth extension of the gold mineralization of the Fenton deposit (FIGURE).
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to report that joint venture partner Power Metals Corp. (“Power Metals”) has received initial assay results from drilling at the Case Lake property near Cochrane, Ontario. As reported by Power Metals, drilling has intersected three wide high-grade lithium (Li) and tantalum (Ta) mineralized intervals including:
Ascendant Resources Inc. (TSX:ASND) (OTCQX:ASDRF) (FRA:2D9) (“Ascendant” or the “Company”) announced today that it plans to release its third quarter 2017 results after the market close on Monday, November 13, 2017. Management will host a conference call on Tuesday, November 14, 2017 at 10:00 am EST.
Increased production of higher value ore, improved recoveries and improved metal pricing has positively impacted financial results
Cartier Iron Corporation (CSE:CFE) (“Cartier Iron”), is pleased to announce that it is proceeding with a non-brokered private placement (the “Private Placement”) of up to 2,000,000 flow-through units of Cartier Iron at a price of $0.12 per unit (“F-T Units”) for proceeds of up to $240,000 and 7,000,000 non-flow-through units of Cartier Iron at a price of $0.10 per unit (“Units”) for additional proceeds of up to $700,000.