Category: featured_news

Blue Sky Uranium Resumes Exploration Drilling Program at Targets Close to Ivana Deposit, within the Uranium-Vanadium Amarillo Grande Project Argentina

MotherlodeTV

Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF) (“Blue Sky” or the “Company”) is pleased to announce that the Company is resuming its 4,500 metre exploration drilling program with new holes planned at the Ivana Central target, located 10 kilometres north of the Company’s Ivana Deposit at its wholly-owned Amarillo Grande Uranium-Vanadium Project in Rio Negro Province, Argentina (“AGP“) (see Figure 1). read more

Bayhorse Silver Makes Breakthrough in Understanding Structural Control of Mineralization, At Bayhorse Silver Mine, Oregon, USA

MotherlodeTV
V.BHS, Bayhorse Silver, silver, Oregon
info

Bayhorse Silver Inc, (TSXV: BHS) (OTCQB: BHSIF) (FSE: 7KXN) (the “Company” or “Bayhorse”) reports on a recent geological structural review of the mineralized system deep inside the historic mine by Dr. Clay Conway, P. Geo., at the Big Dog and Goldilocks Zones at the Bayhorse Silver Mine, Oregon, USA. read more

Trench T-17 Assays 0.86 G/T Gold Across 36 Metre Width

MotherlodeTV

Lucky Minerals Inc.(TSXV:LKY) (OTC PINK:LKMNF) (FRA:LKY) (“Lucky” or the “Company“) is pleased to announce it has received assay results for trenches T-17, T-18 and T-19 from its ongoing work at the Wayka epithermal gold discovery at its 100% owned Fortuna Property (“Fortuna”) in southern Ecuador. This Cluster of trenches is located approximately 75 metres south of the combined trenches T-5 and T-6 where an average of 1.67 g/t gold was reported over 61 metres (please see November 9, 2021 News Release). read more

GR Silver Mining Underground Drilling at San Marcial Continues to Deliver Wide and High-grade Silver Intercepts, Confirming Potential for Resource Expansion

MotherlodeTV
Figure 1: Longitudinal section displaying “Ag Grade x Thickness” contours of the San Marcial NI 43-101 resource model and new extensions to the mineralized body, down dip and along strike (CNW Group/GR Silver Mining Ltd.)
Figure 1: Longitudinal section displaying “Ag Grade x Thickness” contours of the San Marcial NI 43-101 resource model and new extensions to the mineralized body, down dip and along strike (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – is pleased to confirm the extension of wide high-grade silver (Ag) mineralization from underground drilling in the San Marcial Area, at the Plomosas Project, Sinaloa, Mexico. These assay results are from three underground drill holes completed in 2021 and reinforce the widening of the mineral body at depth and along strike, supporting potential resource expansion. The successful eight-hole underground drill program confirmed a significant expansion of high-grade Ag mineralization approximately 300 m down dip below the lower limit of the pit-constrained San Marcial NI 43-101 (2019) mineral resource. High-grade drill hole SMI21-07 indicates extension of the Ag mineralization by almost 100 m down dip below previously released drill hole SMI21-04 (Figures 1 and 2) (see News Release dated January 31, 2022). read more

Blue Sky Uranium Reports 5 metres grading 0.15% U3O8 including 1 metre of 0.7% U3O8 from 1.5 kilometre Step-out Drill Hole at the Ivana Deposit, Argentina

MotherlodeTV

Blue Sky Uranium Corp. (TSXV: BSK) (FSE: MAL2) (OTC: BKUCF), “Blue Sky” or the “Company”) is pleased to announce assay results from the second tranche of results from the recently completed reverse circulation (“RC“) drilling program at the Ivana Deposit (as announced on March 23, 2022), within its wholly-owned Amarillo Grande Uranium-Vanadium Project (“AGP“) in Rio Negro Province, Argentina. The assay results reported include 970 samples from 115 RC holes averaging 8.5m depth that tested areas of lower drill hole density at the margins of, and within, the western portion of the Ivana deposit; as well as testing the potential expansion of the deposit to the west (see Figure 1 and Table 1*). read more

Grid Metals Intersects 13.75 metres of 1.53% Li2O and 8.0 metres of 1.47% in First Two Holes at the Donner Lake Lithium Property Manitoba Canada

MotherlodeTV
Grid Metals, GRDM.V

Grid Metals Corp. (the “Company“) (TSXV:GRDM)(OTCQB:MSMGF) is pleased to report initial results from its 2022 lithium exploration program at its Donner Lake lithium property in southeastern Manitoba. The Company completed 11 drill holes targeting the Northwest Dyke – one of several known lithium-cesium-tantalum (LCT) -type pegmatite dykes on the property. All holes at the Northwest Dyke intersected spodumene-bearing pegmatites over a strike length of 600m. Two drill holes were completed on the West Dykes and numerous smaller pegmatites were intercepted. The new drilling at the Northwest Dyke was the first since 1955. The company is awaiting results on the other holes. The project is located in southeastern Manitoba in the Winnipeg River pegmatite field, which hosts the world-class Tanco Pegmatite. read more

GCM Mining Announces Fourth Quarter and Full Year 2021 Results

MotherlodeTV

GCM Mining Corp. (TSX: GCM; OTCQX: TPRFF) announced today the release of its audited consolidated financial statements and accompanying management’s discussion and analysis (MD&A) for the year ended December 31, 2021. All financial figures contained herein are expressed in U.S. dollars (“USD”) unless otherwise noted. Non-GAAP financial performance measures in this press release are identified with “NG”. For a detailed description of each of the non-GAAP measures used in this press release and a detailed reconciliation to the most directly comparable measure under IFRS, please refer to the Company’s MD&A. read more

Tocvan Drills 21.7-meters of 0.94 g/t Oxide Au including 4.0-meters of 4.3 g/t Au and 7 g/t Ag at Pilar.

MotherlodeTV
CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (the “Company”) (CSE:TOC); (OTC:TCVNF); (FSE:TV3), is pleased to announce initial drill results from its Pilar Au-Ag Project in Sonora, Mexico. Results for the first three drill holes are provided in this release, totaling 513.3 meters of drilling within the Main Zone (see Figure 1). A total of 1,540 meters of Phase III drilling has been completed in nine drill holes providing key information across the Main Zone and 4-T Trend. Drill hole JES-22-58 intersected 21.7-meters of 0.94 g/t Au, including 4.0 meters of 4.3 g/t Au and 7 g/t Ag. JES-22-58 was a diamond drill hole to confirm host rock and structure from the local Reverse Circulation (“RC”) drill hole JES-20-36 which intersected 24.4 meters of 2.5 g/t Au and 73 g/t Ag, including a high-grade interval of 1.5 meters of 33.4 g/t Au and 1,090 g/t Ag. read more

GCM Mining Corp. Acquires 3,430,000 Common Shares in Denarius Metals Corp. and Files Early Warning Report

MotherlodeTV

GCM Mining Corp. (“GCM Mining” or the “Company”) (TSX: GCM; OTCQX: TPRFF) announced that it filed an early warning report in connection with its acquisition today over the Chi-X Market of an aggregate of 3,430,000 common shares (the “Denarius Shares”) of Denarius Metals Corp. (“Denarius”) (TSXV:DSLV; OTCQB: DNRSF). The Denarius Shares were acquired at a price of $0.475 per share for an aggregate purchase price of $1,645,545 and was effected through a block trade. read more

GR Silver Mining Announces Closing of $7.35 Million Private Placement Offering of Special Warrants

MotherlodeTV

GR Silver Mining Ltd. (“GR Silver Mining” or the “Company”) (TSXV: GRSL) (OTCQB: GRSLF) (FRANKFURT: GPE) – is pleased to announce that it has completed its previously announced (see news release dated March 10, 2022) best-efforts private placement offering (the “Offering”), issuing 27,236,755 special warrants of the Company (the “Special Warrants”) at a price of $0.27 per Special Warrant (the “Issue Price”) for aggregate gross proceeds of $7,353,923.85, including 1,236,755 Special Warrants sold pursuant to the partial exercise of the option granted to the Agents (as defined herein) pursuant to the Agency Agreement (as defined herein). read more