Tag: gold

Etruscus Resources Corp. (CSE: ETR) (OTC: ETRUF) (FSE: ERR) (the “Company” or “Etruscus”) is pleased to announce the discovery of a new high-priority mineralized zone on the Company’s Rock & Roll property, located in the Eskay Camp of BC’s resource-rich Golden Triangle. Two targets along the “Hurricane” were discovered as a result of a VTEM© airborne survey completed during the 2020 exploration season (Click Here to View Map). The Hurricane represents two strong geophysical conductors located on recently staked claims, 15 km northwest of the Black Dog Deposit.  Upon receipt of VTEM© data, Hurricane was immediately upgraded to high-priority due to its location within favourable Black Dog stratigraphy of the Upper Stuhini Group and was followed up with sampling, prospecting and mapping during the 2020 exploration season. The recent discovery of Hurricane was only possible due to major glacial retreat. Previous glacial cover inhibited any meaningful historical exploration. But, with recent exposure of these highly prospective targets, follow up exploration to preliminary sampling will be prioritized in the 2021 exploration season. Hurricane Highlights: read more

Elite Strategic Report on Etruscus Resources

January 11, 2021 JayCurrie

Elite Strategic has put out a new report on Etruscus Resources (ERT.C). read more

Parbec Assays 13m of 1.72 g/t Au in the Sediments

January 11, 2021 MotherlodeTV

nforth Resources Inc. (CSE:RFR) (“Renforth” or the “Company”) is pleased to provide shareholders with the most recent assays, including 13m of 1.72 g/t Au, from our Fall 2020 9,644m drill program at Parbec, designed to add ounces to our NI 43-101 Resource Estimate Open Pit Constrained Gold Deposit, adjacent to, and on strike of, the Canadian Malartic Mine, Canada’s largest gold mine, currently operating as an open pit. Today’s press release brings to 5 the drillholes reported on, out of 27 drilled in the program. Highlights for PAR-20-103, PAR-20-104A and PAR-20-104, each of which intersected gold, as did each of the prior 40 holes drilled by Renforth at Parbec, are as follows; read more

GoldSpot Machine Learning Identifies 8 New Syenite Drill Targets at Northstar’s Miller Gold Property

January 11, 2021 MotherlodeTV

Northstar Gold Corp. (CSE: NSG) (“Northstar” or the “Company“), reports that machine learning stochastic cluster analysis and final 3D inversions by GoldSpot Discoveries Corp. (GoldSpot) on a 2020, 5 km² gravity and magnetic geophysical survey dataset has identified multiple anomalies with the same signature as known gold-bearing syenites on the Miller Gold Property (Figure 1). read more

CBLT Closes Financing

January 6, 2021 MotherlodeTV

CBLT Inc. (TSXV: CBLT) (“CBLT”) announces it has closed on its previously announced intention to effect a flowthrough financing in an amount of $53,202 (fifty-three thousand two hundred and two dollars) by issuing 886,700 Flowthrough Units priced at $0.06 (six cents) per Flowthrough Unit. Each Flowthrough Unit comprises of one flowthrough share and one full 9-cent warrant with a 24-month term, with each 9-cent warrant being exercisable into a flowthrough common share. A finder’s fee equal to $1,974 was paid to a registrant related to this financing. read more

Etruscus Closes Oversubscribed Private Placement

January 6, 2021 MotherlodeTV

Etruscus Resources Corp. (CSE:ETR) (CNSX:ETR.CN) (FSE:ERR) (the “Company” or “Etruscus”), a Vancouver-based junior exploration company, announces that, subject to Canadian Securities Exchange (“CSE”) approval, the Company has closed the second and final tranche of its non-brokered private placement announced on December 8, 2020, raising $62,500 for a total of $530,200. read more

GR Silver Mining Reports Wide and High-Grade Zones from New Underground Drilling in the Plomosas Mine Area:

January 5, 2021January 5, 2021 MotherlodeTV

• 83 m @ 420 g/t AgEq¹, including
• 11 m @ 1,596 g/t AgEq, and
• 4 m @ 1,319 g/t AgEq

GR Silver Mining Ltd. (TSXV: GRSL) (FRANKFURT: GPE) (OTCQB: GRSLF) (“GR Silver Mining” or the “Company”) – is pleased to report wide and high-grade drill results from the Company’s underground core drilling program in the Plomosas Mine Area, as well as validation sampling results from historic drilling, at its 100%-owned Plomosas Silver Project (“Plomosas Project”) in Sinaloa, Mexico. read more

Eloro Resources Announces Filing of Final Short Form Prospectus and Exercise of Over-Allotment Option by Underwriters

December 31, 2020 MotherlodeTV

Eloro Resources Ltd. (the “Company” or “Eloro”) (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) is pleased to announce that, in connection with its previously announced bought deal financing (the “Financing”) (see Eloro press releases dated December 16, 2020 and December 9, 2020), it has filed a final short form prospectus with the applicable securities regulators in each of the provinces of Canada, except Quebec. Under the terms of the Financing, Haywood Securities Inc., as lead underwriter, and Echelon Wealth Partners Inc. (the “Underwriters”) agreed to purchase, on a bought deal basis, 3,548,400 units (the “Units”) at a price of Cdn$1.55 per Unit for gross proceeds to the Company of Cdn$5,500,020. read more