Winter Drilling at the Sprite Zone Bog Adds 2 Km of Strike Length: 8.36 g/t Au over 6 m, 7.12 g/t Au over 4 m and 1.12 g/t Au over 40 m, Valentine Lake Gold Camp, Newfoundland
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Tag: gold
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.
Eloro Resources Provides Update on Phase II Reconnaissance Drilling and Geological Work at the La Victoria Gold/Silver Project, Peru
Eloro Resources Ltd. (TSX-V:ELO) (FSE:P2Q) (“Eloro” or the “Corporation”) is pleased to provide an update on planned diamond drilling and geological work at its 90% owned La Victoria Gold/Silver Project in Ancash Department, Peru. EHR Resources Limited of Perth, Australia, is earning up to a 25% interest in La Victoria and has earned a 10% interest with the successful completion of Phase I exploration (see News Release March 1, 2018).
Bonterra Extends Gladiator Gold Deposit Further Westward 17.8 g/t Au Intersected over 3.0 Meters
Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce the latest results from the ongoing winter drilling campaign at the Gladiator Gold Deposit, including an intersection of 17.8 g/t Au over 3.0 m. High-grade intersections extend multiple zones westward, adding strike length at the Rivage Gap and continue to demonstrate the continuity of the deposit, highlighting the predictability of the mineralized zones. The ongoing drilling campaign, totaling 70,000 m in 2018, includes infill and definition drilling at the Gladiator Gold Deposit. Multiple drill holes are in the lab with assays pending.
Pacton Gold Obtains DTC Eligibility in the U.S. and Now Trades on the OTC Pinks Market under the Symbol PACXF
Pacton Gold Inc. (TSXV: PAC, OTC: OACXF) (the “Company” or “Pacton”) is pleased to announce it has secured Depository Trust Company (DTC) eligibility for its common shares trading on the OTC Pinks market. Securities that are eligible to be electronically cleared and settled through the DTC are considered “DTC eligible”. This electronic method of clearing securities speeds up the receipt of stock and cash and thus accelerates the settlement process for investors.