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JOURDAN RESOURCES INC. (TSX-V : JOR, Stuttgart: 2JR1) (“Jourdan” or the “Company“) is pleased to announce the results from a 1500 m drill program has been completed on the Preissac-Lacorne Lithium Portfolio, optioned from Alix Resources Inc (“Alix”) (TSX-V AIX) and one other claim that is owned by Jourdan.
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) is pleased to report very positive results from new drilling at the Marathon Deposit, Valentine Lake Gold Camp, central Newfoundland. Additional infill drilling, down through the 75-100-meter wide and more than 500-700-meter deep mineralized corridor of the Marathon Deposit, has further confirmed the continuity of good gold grades throughout the corridor with 1.88 g/t Au over 225 meters including 4.87 g/t Au over 25 meters and 3.38 g/t Au over 25 meters in MA-17-213 (Figure 1). Drill holes drilled across the main mineralized corridor also intercepted numerous high-grade intervals including 7.21 g/t Au over 7 meters in MA-17-201, 3.59 g/t Au over 18 meters in MA-17-206, 12.65 g/t Au over 3 meters in MA-17-207, 2.19 g/t Au over 22 meters in MA-17-204, and 4.04 g/t Au over 7 meters in MA-17-209. Drilling toward the southwest end of the current resource pit shell also intersected significant mineralization with 8.46 g/t Au over 5 meters in MA-17-203, 3.44 g/t Au over 3 meters in MA-17-210, and 3.57 g/t Au over 3 meters in MA-17-208.
Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) (“Margaux” or the “Company”) is pleased to announce a large gold soil anomaly at Sheep Creek, as well as provide an update on its 2017 drill program on its Kootenay Arc properties in southeastern British Columbia.
Hole No. Continued High-Grade Intersections From Ongoing Drilling Confirms Ascendant Resources’ Higher Potential Mining Grade and Tonnage Theory at El Mochito•ZnEq grades proving to be consistently above current mining grade
Infill Holes Jordan Resources Announces Agreements to Acquire the Rome Lithium and Baillargé North PropertyJourdan now surrounds the Quebec Lithium Mine on three sides with Rome Lithium Property AcquisitionJOURDAN RESOURCES INC. (TSX-V: JOR) is pleased to announce it has entered into a non-arm’s length assignment agreement with Fairmont Resources Inc. entitling Jourdan to acquire a 100% interest in the Rome Lithium property (the “Property”), subject to a 2% production royalty, of which half (1%) can be bought back for $1,000,000 at any time. In consideration of the acquisition of the interest in the Property, Jourdan will: (i) make a $50,000 cash payment, $25,000 of which has already paid pursuant to the ROFR agreement announced June 29, 2017, (ii) issue 1,500,000 common shares of Jourdan, (iii) grant an additional 2% net smelter return (“NSR“) on the Property, of which half (1%) may be bought back for $1,000,000 at any time, and (iv) the completion of exploration expenditures on the Property totaling $150,000 on or before June 10, 2019 (the “Option”). NexGen Drills Most Off-Scale to Date in A3 Shear and Expands Arrow with Extensive Zones of Mineralization Across Key Growth Areas  NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX:NXE, NYSE: NXE) is pleased to report radioactivity results for 22 holes as part of the on-going summer drilling program on our 100% owned, Rook I property, Athabasca Basin, Saskatchewan. An additional diamond drill rig was brought into operation to assess the recently discovered South Arrow zone, which is located 400 m south of the Arrow Deposit. Sierra Metals reports wide drill intercepts from its Cuye Zone at the Yauricocha mine, Peru ___________________________________________________________________ SIERRA METALS SIGNIFICANTLY INCREASES MINERAL RESOURCE ESTIMATE FOR YAURICOCHA MINE, PERU Toronto, ON – Sept 28, 2017 – Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) has updated its Mineral Resource Estimate at the Company’s Yauricocha Mine, located in Yauyos Province, Peru. Levon Resources Announces AGM Results Levon Resources Ltd. (“Levon” or “the Company”) (TSX:LVN)(OTCQX:LVNVF) is pleased to announce that the nominees listed in the management information circular dated August 23, 2017 were elected as directors of the Company at the annual general meeting of shareholders of the Company (the “Meeting”) held on September 28, 2017. At the Meeting, the shareholders also approved setting the number of directors at six, the appointment of the Company’s auditors, and the re-approval of the Company’s rolling stock option plan. |