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Falco Resources Ltd. (TSX VENTURE: FPC) (“Falco” or the “Company”) is pleased to announce that it has commenced its 2018 exploration program on the Donalda – Quemont East target. An initial program of 20 holes for a total of 20,000 metres is planned to be completed.
A lot of exploration is about looking for pointers, for clues, as to where a deposit might be. For Canadian Orebodies, a train of boulders, a number of which had high-grade gold mineralization pointed in a particular direction.
Back in November Pacton Gold (V.PAC) announced the appointment of Australian mining executive Alec Pismiris as its interim President. At the time Dominic Verdejo, Chairman of Pacton’s Board said, “I would like to welcome Mr. Pismiris as Pacton’s new interim Chief Executive Officer. Mr. Pismiris’ extensive experience in the mining sector and capital markets, including new key accretive project acquisitions, makes him the ideal candidate to lead Pacton forward into 2018.”
Pacton Gold Inc. (TSXV: PAC) (the “Company” or “Pacton”) is pleased to announce that it has entered into a letter of intent (“LOI”) whereby the Company can acquire 100% of the issued and outstanding shares of CTTR Gold Pty Ltd (“CTTR”), an Australian proprietary limited exploration company. CTTR is a newly formed company, incorporated at the end of October 2017 that holds applications to nine tenenment licenses for a strategic mineral property group (the “Property”) in the Pilbara Region of Western Australia. The 492 km2 Property is an advanced gold project portfolio which consists of conglomerate gold targets within the Witwatersrand Basin age-equivalent Mallina Basin.
– Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “Bonterra“) is pleased to announce that it has closed its previously announced brokered private placement for gross proceeds of $21,495,000 (the “Offering“). Sprott Capital Partners acted as lead agent on behalf of a syndicate of agents which included INFOR Financial Inc., Red Cloud Klondike Strike Inc., Laurentian Bank Securities Inc. and PI Financial Corp. (collectively, the “Agents“).
Golden Predator Mining Corp. (TSX.V:GPY) (OTCQX:NTGSF) (the “Company” or “Golden Predator”) announced today that its technical team has completed an assessment of data from the Sprogge property, acquired late last year. The Sprogge property occupies the southernmost extent of the Company’s 100%-owned 3 Aces Project. Golden Predator has concluded that the numerous high-grade gold showings at Sprogge conform well to the geologic model for 3 Aces which has emerged from the 2017 exploration program and confirms a multi-kilometer-long district-scale exploration opportunity to be drilled this year.
Annual Financial and Operating Highlights:
Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “Bonterra“) is pleased to announce that it has entered into an agreement with Sprott Capital Partners to act as lead agent (the “Lead Agent“), on its own behalf and, if applicable, on behalf of a syndicate of agents (collectively with the Lead Agent, the “Agents“), in connection with a marketed private placement to raise gross proceeds of $21,495,000 (the “Offering“).
Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce new results from its ongoing 30,000-m drill program on the Chimo Mine property, situated 45 km east of Val-d’Or. These new results were intersected at a depth of 650 m along the extensions of Zones 5N and 5M.
