Tag: gold

Golden Predator To Sell 100% of the 3 Aces Project to Seabridge Gold For $4MM+ and Royalty and Contingent Payments

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Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company”) announced today that it has entered into an agreement with Seabridge Gold Corp. for the sale of a 100% interest in the 3 Aces gold project located in Canada’s Yukon, for 300,000 Seabridge common shares, contingent future cash payments totaling $2.25 million and a 0.5% net smelter return royalty on the entire 3 Aces gold project.  The arrangement includes an immediate cash payment to Golden Predator of $263,000 for reimbursement of previously incurred expenses.  Closing of the transaction is subject to completion of due diligence by Seabridge and the approval of the applicable stock exchanges. read more

Golden Predator Provides Feasibility Study Update; Appoints News Chief Financial Officer

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Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company”) reports the Company remains committed to a restart of the Brewery Creek Mine and  reports that  leaching of column test work  commenced this week at McLelland Labs in order  to advance the Feasibility Study. This important test work provides critical optimization data for crush size, compaction and percolation for the reprocessing of the heap leach material. read more

Golden Predator Drill Results Continue to Extend Oxide Mineralization to 3.1 km Along Strike at Brewery Creek Mine; Including 36 m of 1.7 g/t at Lucky Zone

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Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company”) reports continuing positive drill results from its 2019 drill program at its 100% owned and licensed Brewery Creek Mine project located 45 minutes from Dawson City, Yukon.  Step-out drill holes at the Lucky Zone along Brewery Creek’s prolific Reserve Trend extended gold mineralization an additional 100 m of strike length to the southwest of the historic Lucky Pit. Nineteen of the 20 drill holes reported today encountered significant gold grades. The holes released today also confirm the down dip continuation of mineralization below the historic Lucky pit and the known resource area. read more

Renforth Completes Initial Metallic Screen Assays at New Alger 68% of Samples Display Nugget Effect, Give Higher Gold Values in Plus Fraction

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RFR.C, Renforth Resources, gold, Quebec
  • A total of 76 samples were selected and metallic screen assayed from the core rejects from Fall 2019 drill program
  • Results from metallic screen selection demonstrate the presence of coarse gold
  • 51 out of 76 samples submitted for metallic screen returned assay values from the “plus” portion of the metallic screen higher than the original fire assay values. This includes 70.1 g/t Au in the plus fraction where the original full sample fire assay was 11.2 g/t Au, the new full sample metallic screen assay is 10.5 g/t Au. The lower full sample values reflect the inclusion of screened, finer material of a lower grade as discussed below.

PICKERING, ON / ACCESSWIRE / March 9, 2020 / Renforth Resources Inc. (CSE:RFR) (OTC Pink:RFHRF) (WKN – A2H9TN) (“Renforth” or the “Company”) is pleased to confirm, via an initial metallic screen program, the presence of coarse, or “nugget effect” gold, which, in 51 of the 76 samples tested returned a higher “plus screen” assay value than the original full sample fire assay value, as seen below. read more

Golden Predator Announces Commercial Launch of New Green Extraction Technology for Gold

Breakthrough recovery process eliminates cyanide-in-situ mining a potential industry disruptor
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Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSX-V: GPY) (OTCQB: NTGSF) (the “Company“) announced today that the Company has signed an Letter of Intent (“LOI”) with EnviroLeach Technologies Inc. (CSE: ETI) OTCQB: EVLLF) and enCore Energy Corp. (TSX-V: EU) (OTCQB: ENCUF) to establish Group 11 Technologies Inc (“Group 11”), a US-based technology firm focused primarily on non-invasive extraction technology utilizing environmentally-friendly liquids to recover gold and other metals. read more

GR Silver Mining Signs Definitive Agreement with First Majestic for the Acquisition of the Plomosas Silver Project

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V.GRSL, GR Silver Mining, silver, gold, Mexico
Figure 1 – Landsat Image Plomosas Silver Project – Targets – Known Veins – Mineralized Structures. (CNW Group/GR Silver Mining Ltd.)
Figure 1 – Landsat Image Plomosas Silver Project – Targets – Known Veins – Mineralized Structures. (CNW Group/GR Silver Mining Ltd.)

GR Silver Mining Ltd. (TSXV: GRSL, FRANKFURT: GPE, OTCQB: GLYXF) (“GR Silver” or the “Company”) – further to its news release of January 7, 2020, the Company is pleased to announce that it has signed a definitive binding Share Purchase Agreement pursuant to which the Company, through its Mexican subsidiary, will acquire all of the shares of Minera La Rastra S.A. de C.V. (“Minera La Rastra“) from First Majestic Silver Corp. (NYSE: AG,TSX: FR, FRANKFURT: FMV) (“First Majestic“). Upon completion of this transaction, it will hold 100% of the Plomosas Silver Project (“Plomosas Project“), a portfolio with significant exploration potential for the development of the mineral resources from existing inventories and for new discoveries in 2020. read more

Golden Predator Announces Up to 96.8% Gold Recovery from Sulfide Concentrates Using Cyanide-Free Solution at Yukon Test Plant

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Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSX.V:GPY, OTCQX:NTGSF) (the “Company “or “Golden Predator”) reports continuing success in field testing of EnviroLeach Technologies Inc.’s (“EnviroLeach”) (CSE: ETI) (OTCQB: EVLLF) (7N2: FSE)  non-cyanide environmentally-friendly solution in Golden Predator’s Secondary Recovery Unit (SRU) at its Yukon test processing plant (“Plant”).  Eleven test batches totaling approximately 2 tonnes of the previously announced 5 tonne test sample resulted in 93.17% recovery of contained gold yielding 132.23 ounces of gold doré. Recoveries improved as the tests advanced with the final five test batches yielding 96.8% recovery of gold. These highly gratifying results confirm that processing and recovering environmentally friendly gold from high grade sulfide concentrate can be achieved with greater efficiency than cyanide, with far less environmental risk and far fewer regulatory requirements. read more