Marathon Gold Announces Q1 2018 Financial Results
Marathon Gold Corporation (TSX:MOZ) (“Marathon”) announced today its financial results for the three months ended March 31, 2018.
Tag: gold
Victoria Gold Enters into Gold Hedging Program for Eagle Gold Project, Yukon
Victoria Gold Corp. (TSX-V:VIT) (the “Company”) is pleased to report that the Company has entered into a gold price protection program (the “Hedging Program”) with Macquarie Bank Limited. The objective of the Hedging Program is to mitigate the risk associated with adverse fluctuations and volatility in the price of gold during the critical early years of operation and debt repayment.
Marathon Increases Overall Gold Resources to 2,137,400 ounces M&I at 1.99 g/t gold and 1,104,700 ounces Inferred at 1.99 g/t gold at the Valentine Lake Gold Camp, Newfoundland
TORONTO, May 01, 2018 (GLOBE NEWSWIRE) — Marathon Gold Corporation (“Marathon” or the “Company”) (MOZ:TSX) has established a new Mineral Resource Estimate for the Marathon Deposit at its 100% owned Valentine Lake Property prepared under the direction of John T. Boyd Company in accordance with National Instrument 43-101 (“NI 43-101”). The resources were revised as part of the soon to be released Preliminary Economic Assessment (PEA). All the gains came from the Marathon Deposit which was updated as of March 5, 2018.
Cartier IP Survey Outlines 4km Long Chargeability Anomaly Marking Major Epithermal System at Big Easy Property, Newfoundland
Chargeability anomaly extends 4km along strike from the Big Easy to ET showings and is open to the north and south
Enforcer Gold’s Drilling on the OR79 Zone Outlines Two Mineralized Corridors, Montalembert Gold Project
Enforcer Gold Corp (“Enforcer” or the “Company”) (TSX-V: VEIN; FSE: N071) is pleased to announce the results from its first-pass diamond drilling program on the OR79 zone, discovered in 2017 at the Company’s Montalembert gold project in Quebec.
Enforcer Announces Completion of the Phase 1 Drilling Program on the Mop-II Gold-Copper Deposit, Roger Project, Québec
Enforcer Gold Corp (“Enforcer” or the “Company”) (TSX-V: VEIN – FSE: N071) is pleased to announce the completion of its Phase 1 diamond drilling program at its Roger Project and the engagement of Consortium Geologica Groupe-Conseil Inc. and GeoPointCom Inc. to complete a new resource estimate on the Mop-II deposit. The Roger project is strategically located in the Chibougamau Mining Camp, ~5km northwest of the historic mining centre of Chibougamau, Quebec. Enforcer has an option to acquire a 50% interest in the Roger property from project operator, SOQUEM.
Victoria Gold Announces Execution of Definitive Documentation for the Eagle Financing Package and Closing of Equity and Royalty (First Tranche)
Victoria Gold Corp. (TSX:V-VIT) “Victoria” or the “Company” is pleased to announce that it has finalized and executed definitive transaction agreements with Orion Mine Finance (“Orion”), Osisko Gold Royalties Ltd (“Osisko”) and Caterpillar Financial Services Limited (“Cat Financial”) with respect to the previously announced construction financing package totalling approximately C$505 million in aggregate (the “Financing”) that will fully fund the development of the Eagle Gold project through to commercial production.
Cartier Iron Retains European Investor Relations Firm
– Cartier Iron Corporation (CSE:CFE) (“Cartier Iron” or the “Company”) is pleased to announce that it has retained Profinnotiv AG (“Profinnotiv”) to provide Cartier Iron with investor and public relations services in the European market. Cartier Iron has a significant shareholder base in Europe and it is anticipated that Profinnotiv will leverage their extensive relationships within the professional investment community to expand the Company’s profile and communicate with Cartier Iron’s current and future shareholders.
Bonterra’s Winter Drill Program Discovers 6th Parallel Gold Zone at the Gladiator Gold Deposit
Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce the first significant intersections of a new “sixth parallel” gold zone at the Gladiator Gold Deposit. This newly discovered gold zone, located approximately 50 m south of the Barbeau Zone, is parallel to and geologically similar to the other five mineralized zones currently modelled at the expanding deposit. Additional drilling is now underway to test further to the south to intercept and expand this new zone. The ongoing drilling campaign, which will total ~70,000 m in 2018, includes infill and expansion drilling at the Gladiator Gold Deposit. Multiple drill holes are in the lab with assays pending.