Category: featured_news

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

Advantage Lithium Monetizes Clayton Northeast Lithium Project via Sale to Pure Energy Minerals

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V.AAL, Advantage Lithium, lithium, Argentina, David Sidoo

Advantage Lithium Corp. (the “Company” or “Advantage Lithium”)                     (TSX Venture: AAL) (OTCQX: AVLIF) – Mr. David Sidoo, President and CEO, announces that the Company and its exploration partner Nevada Sunrise Gold Corporation (TSXV: NEV) (“Nevada Sunrise”) (together, the “Vendors”) have signed an asset purchase agreement (the “Agreement”) to effect the sale of the Clayton Northeast Project (“Clayton NE”) to Pure Energy Minerals Limited of Vancouver, B.C., Canada (TSXV: PE) (“Pure Energy”). Clayton NE is located adjacent to the Silver Peak lithium brine mine in Esmeralda County, Nevada, the only producing lithium mine in North America. read more

Cartier Intersects 7.6 g/t Au Over 3.3 Meters on Chimo, Extends 5NE Zone to a Depth of 400 m

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Cartier Resources

Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce results of the 5NE Zone from its 25,000-m ongoing drill program on the Chimo Mine property, located 45 km east of Val-d’Or. The 5NE Zone (5N Structure) was intersected 50 m north of the 5M4 Zone (5M Structure) (FIGURE). The best results are: 26.4 g/t Au over 0.9 m included within 7.6 g/t Au over 3.3 m and 5.4 g/t Au over 1.0 m included within 2.9 g/t Au over 2.4 m (refer to Table below). read more

Advantage Lithium Corp. – Cauchari JV Drilling Update

Excellent Initial Results in First Two NW Sector Holes, CAU07 brine 635 mg/l Lithium and CAU16 brine 619 mg/l Lithium
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V.AAL, Advantage Lithium, lithium, Argentina, David Sidoo

Advantage Lithium Corp. (the “Company” or “Advantage Lithium”)                     (TSX Venture: AAL) (OTCQX: AVLIF) is pleased to provide this update on the first sample results from CAU07 and CAU16 in the previously undrilled NW Sector of the Cauchari JV property located in Jujuy Province, Argentina. read more