Category: featured_news

Grid Metals Corp Announces More Lithium Drill Results From Donner Lake

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Nickel, Manitoba, Grid Metals, GRDM.V
Drill holeLi2OInterval (m)From (m)
GDL-22-261.7%1.9190.0
and1.2%0.8287.2
and2.0%5.9291.5
and1.6%2.7302.8
GDL22-27 to GDL22-30 previously reported
GDL22-311.4%5.3187.3
GDL22-321.8%6.1230.0
GDL22-332.1%1.7110.3
and1.5%5.9252.1
GDL22-341.5%3.450.8
GDL22-351.6%3.8175.0
GDL22-361.8%3.560.8
GDL22-371.8%7.5213.5
including2.1%4.0217.0
GDL22-381.7%3.6139.4
GDL22-39Assays pending
GDL22-401.7%3.8151.5
GDL22-411.8%5.3178.3
GDL22-421.8%3.3212.4
and1.6%4.4295.3

Grid Metals Corp (TSXV:GRDM)(OTCQB:MSMGF) (the “Company”) today reported results from an additional 12 holes at its Donner Lake Lithium Property (the “Property”), located 150 km northeast of Winnipeg Manitoba. The drilling is part of the maiden 43-101 compliant resource delineation program at Donner Lake. The current phase of drilling at the Main Dyke has now been completed. read more

Defense Metals starts construction of Hydrometallurgical Pilot Plant with commissioning at SGS Lakefield scheduled for March 2023

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Defence Metals

Defense Metals Corp. (“Defense Metals” or the “Company“) (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce that construction of the hydrometallurgical pilot plant has started and commissioning is scheduled to start in the second half of March. read more

Defense Metals Variability Flotation Tests Yield High Rare Earth Recoveries to High Grade Concentrates

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Defence Metals
Figure 1. Wicheeda REE Deposit Lithologies During Mine Life (CNW Group/Defense Metals Corp.)
Figure 1. Wicheeda REE Deposit Lithologies During Mine Life (CNW Group/Defense Metals Corp.)

Defense Metals Corp. (“Defense Metals” or the “Company“) (TSXV: DEFN) (OTCQB: DFMTF) (FSE:35D) announces the completion of flotation tests on variability samples and a master composite (“Master Composite” or “MC”) prepared from drill core obtained from its 100% owned Wicheeda Rare Earth Element (REE) deposit located in British Columbia, Canada. read more

Millennial Potash Corp. Accelerating Development of High-Grade, Drill-Proven Acquisition with Seasoned Development Team

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Millennium Potash

Millennial Potash Corp. (OTC PINK: BMGCF) (TSXV: MLP) (FSE: X0D) has entered the almost $30 billion global potash industry after acquiring the Banio Potash Project (Banio) in Gabon, West Africa.  It’s a shallow, high-grade, and drill-proven multi-billion tonne potash target previously owned by Equatorial Potash that will now see its development accelerated.  Millennial Potash, formerly Black Mountain Gold USA Corp., may have a familiar ring to it and its management team may be familiar to many investors in the mining industry as well.  If you were part of the $490-million buyout of Millennial Lithium by Lithium Americas where early investors realized +1,300% returns, then you’ll recognize the Millennial name and Millennial Potash’s seasoned M&A and mining development professionals. read more

Eloro Resources Outlines an Extensive IP Conductivity Anomaly on the Casiterita property adjacent to the Iska Iska Silver-Tin Polymetallic Project, Southern Bolivia

Magnetic data strongly suggest that a large intrusive body lies below the Iska Iska Caldera Complex and that it is nearer to surface on the Casiterita property. This intrusive is approximately 5km long by 3 km wide. Diamond drilling and geophysical surveys are in progress to test for a potential major tin porphyry south of Iska Iska and on the adjacent Casiterita property.
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V.ELO, Eloro Resources, Peru, gold, Tom Larsen
Figure 1

Eloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce results of additional modeling of ground magnetic data and completion of an initial Induced Polarization/Resistivity survey (“IP/Res”) on the Casiterita property adjoining the Iska Iska Silver-Tin Polymetallic property (“Iska Iska”) to the southwest. These new data, combined with previous magnetic modeling and borehole IP/Res surveys (“BHIP”) on Iska Iska, have significantly enhanced the understanding of the overall geological environment on both properties and outlined major new targets for exploration on the optioned Casiterita property (see Eloro’s news release dated November 22, 2022). read more

NexGen Announces Expanded 2023 Exploration Program

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T.NXE, NexGen, uranium
Figure 1: 2023 drill target areas (highlighted blue) across prospective corridors on the western half of NexGen’s SW2 property. (CNW Group/NexGen Energy Ltd.)
Figure 1: 2023 drill target areas (highlighted blue) across prospective corridors on the western half of NexGen’s SW2 property. (CNW Group/NexGen Energy Ltd.)

NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE) (NYSE: NXE) (ASX: NXG) is pleased to announce the commencement of an expanded 2023 exploration program designed to follow-up positive results from the 2022 exploration drill program and to test prospective areas that have been highlighted by detailed 2022 geophysical surveys. Additionally, NexGen has planned a substantial geophysical program in 2023 for drill target generation across high priority areas of NexGen’s mineral tenure (SW1, SW2 and SW3) in the southwest Athabasca Basin, Saskatchewan. The geophysical program includes cosmic ray muon tomography initiated in 2022 on the Patterson Corridor at NexGen’s 100% owned Rook I property as part of Ideon Technologies’ early access program for first implementation of innovative muon detecting instrumentation in boreholes. read more

Defense Metals Engages SRK to Start Pre-Feasibility Level Site Geotechnical Investigations & Appoints Project Development Coordinator for Wicheeda Rare Earth Element Project

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Defence Metals

Defense Metals Corp. (“Defense Metals” or the “Company“; (TSXV: DEFN) (OTCQB: DFMTF) (FSE: 35D) is pleased to announce it has engaged SRK Consulting (Canada) Inc. (“SRK”) to commence site geotechnical investigations at its wholly owned Wicheeda Rare Earth Element (REE) Project during 2023. The Company is also pleased to announce the appointment of Mr. Kevin Weston as Wicheeda REE Project Development Coordinator. read more

Millennial Potash Corp. Announces Appointment of Mr. Farhad Abasov as Chairman of the Board

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Millennium Potash
info

Millennial Potash Corp. (TSXV: MLP) (“MLP” “Millennial” or the “Company”) is pleased to announce that it has appointed Mr. Farhad Abasov as its Chairman of the Board to expedite the Company’s efforts at its newly acquired Banio Potash Project in Gabon. read more

Grid Metals Corp Announces Strong Second Wave of Results From the Main Dyke Lithium Drilling

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Nickel, Manitoba, Grid Metals, GRDM.V
Grid Metals Corp., Wednesday, February 1, 2023, Press release picture

Grid Metals Corp (TSXV:GRDM)(OTCQB:MSMGF) (the “Company”) today reported results from an additional five (5) holes at its Donner Lake Lithium Property (the “Property”), located in the Bird River Greenstone Belt of southeastern Manitoba. The holes are part of an ongoing resource delineation drilling program at the Main Dyke. All delineation holes from the current campaign have intercepted significant, high grade lithium values in the Main Dyke and, locally, in at least three proximal sub-parallel dykes that were not previously known. Donner Lake is currently a 75% / 25% joint venture with Lithium Royalty Corp. Grid has an MOU in place with Tantalum Mining Corporation of Canada Limited focused on creating a toll milling operation to process spodumene-bearing pegmatites from Grid’s Donner Lake Property. read more

Millennial Potash Corp. Announces Mr. Jason Wilkinson as Chief Executive Officer to Lead Banio Potash Project

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Millennium Potash
info

Millennial Potash Corp. (TSXV: MLP) (“MLP” or the “Company”) (formerly Black Mountain Gold USA Corp.) is pleased to announce that it has engaged Jason Wilkinson, M.Sc., as Chief Executive Officer (CEO) to lead the Company’s efforts at its newly acquired Banio Potash Project in Gabon effective Feb. 1, 2023. Current CEO Graham Harris will remain with MLP as Director and Senior Vice President-Capital Markets. read more