Sierra Metals reports wide drill intercepts from its Cuye Zone at the Yauricocha mine, Peru
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Category: featured_news
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.
Cartier Iron Signs Letter Agreement to Acquire a 100% Interest in the Big Easy Property, Newfoundland
Cartier Iron Corporation (CSE:CFE) (“Cartier Iron” or the “Company”), is pleased to announce that it has signed a Letter Agreement to earn a 100% interest (“Acquisition”) in the Big Easy Property (“Property”), consisting of 1 Mineral Rights Licence, which includes 278 mining claims covering 69.5 km2, all located in the province of Newfoundland and Labrador. 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.
Marathon’s Latest Drilling Further Confirms Continuity of High-Grade Gold throughout Leprechaun Deposit Main Zone Corridor: 2.34 g/t Au over 151 meters with 6.90 g/t Au over 16 meters
Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) is very pleased to report continued positive results from the latest drill holes designed to penetrate down through the en-echelon stacked quartz-tourmaline-pyrite-gold (QTP) veining of the Main Zone corridor of the Leprechaun Deposit, Valentine Lake Gold Camp, central Newfoundland (Figures 1 & 2). The new drill holes VL-17-655 and VL-16-656, along with the previously released drill holes VL-17-653 and VL-17-654, cover a 250-meter strike length of the 960-meter long Main Zone of the Leprechaun Deposit (Figure 1). These 4 drill holes have all succeeded in hitting continuous wide, high-grade gold intervals in multiple stacked arrays of shallow southwest dipping QTP veining that dominates throughout the 25 to 60-meter wide by more than 350-meter deep Main Zone corridor of the Leprechaun Deposit (Figure 1). The pattern of QTP veining of the Leprechaun and Marathon Deposits is the same as that observed elsewhere throughout the Valentine Gold Camp.
MGX Minerals Appoints Mining Executive Ian Graham as VP Operations
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to announce the appointment of Mr. Ian Graham as Vice President of Operations for the Company.
Canadian Orebodies Intersects 31.7 Metres of 1.1g/t Au at Wire Lake
Canadian Orebodies Inc. (the “Company”) (TSX VENTURE:CORE) is pleased to announce the final batch of core assays from its summer drill campaign at the Wire Lake Project. The program consisted of twenty-two holes (WL-2017-001 to 009, 009A, and 010 to 021) totaling 3,069 metres.
Sierra Metals Announces Memorandum of Understanding with Jinchuan Group Co., Ltd, in Mexico
Sierra Metals Inc. (TSX: SMT) (BVL: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) is pleased to announce the signing of a Memorandum of Understanding (“MOU”) with Jinchuan Group Co Ltd (“Jinchuan”). The MOU, executed September 26, 2017, formalizes the intentions of the parties in respect of their cooperation focused on the Jinchuan’s Bahuerachi copper mining project’s development in Chihuahua, Mexico.
MGX Minerals Uplisted in United States to OTCQB Marketplace Under Symbol MGXMF
MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to report it has been approved to uplist its common stock to the OTCQB® Marketplace effective September 27, 2017. The Company’s “MGXMF” trading symbol in the United States will remain unchanged. There is no action required by current shareholders as a result of this change.
Gowest Gold Intercepts First Ore Zone at Bradshaw
Further Update on the Bradshaw Development
Gowest Gold Ltd. (“Gowest” or the “Company“) (TSX VENTURE:GWA) is pleased to provide a further update on its progress on the Company’s Advanced Exploration – Bulk Sample program at its wholly-owned Bradshaw Gold Deposit (“Bradshaw“).