Category: featured_news

MGX Minerals Announces Bulk Sample from Heino Gold Deposit Assays up to 2 Ounce per Tonne Gold (63.3 g/t Au) and 53% Free Gold Recovery in Phase I Metallurgy Testing

JayCurrie
CSE:XMG, MGX Minerals, lithium,

VANCOUVER, BC / ACCESSWIRE / September 28, 2020 / MGX Minerals Inc. (“MGX” or the “Company“) (CSE:XMG) (FKT:1MG) (OTC:MGXMF) announces preliminary assay and metallurgy results for extraction of gold from mineralized rock from the Heino Gold Deposit by ALS Global Canada. Three composite samples from a single 150kg bulk sample has averaged 17.3 grams per tonne gold and 20% recovery of gold by crushing and screen and up to 63.3 grams per tonne gold with a 53% recovery by screening. This is to be considered free gold recovery, prior to flotation or other extraction method. Further MET results are expected within the week. read more

Renforth’s Surimeau Interpreted to Be a Large-Scale Sulphide Nickel System

MotherlodeTV
RFR.C, Renforth Resources, gold, Quebec

Renforth Resources Inc. (CSE:RFR)(OTC PINK:RFHRF)(WKN:A2H9TN) (“Renforth” or the “Company”) is pleased to inform shareholders that Renforth’s wholly owned Surimeau Project has been interpreted to host a large scale sulphide nickel/PGE system associated with ultramafic rocks and, at the same time, a VMS system. Evident in regional mapping are two trends, the south and the north, comprised of well-defined volcanic “slivers” composed of interlayered sequences of mafic to felsic volcanics and possibly tuffs injected by ultramafic sills. In the south this system is interpreted as striking for ~20kms, in the north it is interpreted to strike for ~30kms, with the thickness seen on surface varying between 0.5 and 1.5 kms. read more

GR Silver Mining Announces a Significant Underground Discovery of Polymetallic Mineralization at the Plomosas Silver Project

MotherlodeTV
V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1: Plomosas Mine – Level 775 RL Room and Pillar Stopes -View (CNW Group/GR Silver Mining Ltd.)
  • 5.4 m @ 1,313 g/t AgEq1
    including 1.0 m @ 4,204 g/t AgEq and 2.4 m @ 1,103 g/t AgEq
  • 15.7 m @ 416 g/t AgEq
  • 7.8 m @ 631 g/t AgEq

VANCOUVER, BC, Sept. 28, 2020 /CNW/ – GR Silver Mining Ltd. (TSXV: GRSL), (FRANKFURT: GPE), (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to announce that wide, high-grade polymetallic (Au-Cu-Ag-Pb-Zn), disseminated and massive sulphide-rich mineralization has been discovered during initial underground channel sampling on the lower level of the Plomosas Mine (Figure 1), at its 100%-owned Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico. read more

Etruscus Drilling Newly Identified Large Magnetic + Chargeability “Stardust” Anomaly at Rock & Roll

MotherlodeTV
C.ETR, Etruscus Resources, gold, BC

Etruscus Resources Corp. (CSE: ETR) (FSE: ERR) (the “Company” or “Etruscus”) is pleased to announce that it is drilling the newly identified “Stardust” Target, located on the Company’s Rock & Roll Property in the Eskay Camp of Northwest B.C’s prolific Golden Triangle.  Drilling plans have also been expanded, with pads at “The Wall” and “Angie” Targets being prepared. read more

CBLT Updates on Omni’s Progress at Northshore Gold

MotherlodeTV
CBLT.v, gold

As previously announced on August 19, 2020, CBLT Inc. (TSXV: CBLT) (“CBLT“) closed the sale of its majority interest in the Northshore Gold Property Joint Venture (the “Property“) to Omni Commerce Corp. (“Omni“). CBLT was paid $350,000 in cash and $1,100,000 in common shares of Omni, which shares are subject to a regulatory four month hold and a voluntary escrow agreement providing for staggered releases over the next year. The first release from escrow of 25% of CBLT’s holdings will take place on or about December 20, 2020. read more

GR Silver Mining Reports Drill Results at the Plomosas Silver Project Significant Near Surface Intervals, Including: 5.1 m @ 19.2 g/t Au and 18.0 m @ 554 g/t AgEq

MotherlodeTV
V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1: Drone Image of the Plomosas Mine Area (looking to the NW) – Drill Hole Location Map (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to announce drill results from the Company’s recently announced surface core drilling program in the Plomosas Mine Area as well as results from the ongoing validation of historic drilling at its 100%-owned Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico. read more

Tocvan Announces The Initiation of Drill Permitting; And theInitiation of CSAMT Survey, at the Pilar Gold-Silver Project in Sonora, Mexico

MotherlodeTV
CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (CSE: “TOC“) (CNSX:TOC.CN) (“Tocvan” or the “Corporation”) is pleased to announce the initiation of drill permitting, and the initiation of controlled source audio-magnetotellurics (CSAMT). read more

Tocvan Announces the Grant of 500,000 Stock Options

MotherlodeTV
CSE:TOC, TocVan Ventures, gold, mexico

Tocvan Ventures Corp. (CSE: “TOC”) (CNSX:TOC.CN) (“Tocvan” or the “Corporation”) is pleased to announce the grant of 500,000 stock options to directors, officers, consultants, and employees pursuant to the terms and conditions of the Corporation’s stock option plan. The stock options are exercisable at $0.35 per share and shall expire 5 years from the date of grant. read more