News from the Yukon
Our friend Anne Lewis of the Yukon Mining Alliance sent along the first issue of the new Yukon Mining Alliance “Invest Yukon Newsletter”.
Tag: gold
Eloro Resources and EHR Resources Announce Commencement of the Next Stage of Exploration at the La Victoria Gold Project, Peru
Eloro Resources Ltd. (TSX-V:ELO) (FSE:P2Q) (“Eloro” or the “Corporation”) is pleased to announce the initiation of the next stage of exploration, including exploratory drilling at the La Victoria Gold Property (“La Victoria”) in the North-Central Mineral Belt of Peru. EHR Resources Limited (“EHR”), which currently holds a 10% interest through its Peruvian subsidiary and is earning up to a 25% interest in La Victoria, has notified Eloro that it is proceeding with the Stage 2 Earn-in period described further below. Eloro’s Peruvian subsidiary currently owns a 90% interest in La Victoria.
Cartier now owns 50% of the Fenton property
Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce that it has completed its commitments to acquire a 50% interest of the Fenton property, located 50 km southwest of Chapais and 50 km north of Osisko’s Windfall Lake gold deposit in the heart of the Urban-Barry’s belt. SOQUEM and Cartier now form a joint venture to continue exploration of the property for which no royalty has been granted. This acquisition constitutes an additional asset corresponding to Cartier’s strategy.
Enforcer Gold Reports 54.5 Meters of 1.2 g/t Gold and Discusses Bulk-Tonnage Potential of the Mop-II Gold-Copper Deposit, Roger Project
Enforcer Gold Corp (“Enforcer” or the “Company”) (TSX-V: VEIN – FSE: N071) is pleased to report on the preliminary results from evaluating historical drill data on the Mop-II gold-copper deposit. The Mop-II was historically explored as a higher-grade, vein type deposit; however, a review of the data indicates there is significant potential to define a high-tonnage, lower-grade deposit that could be evaluated for its bulk mineable potential.
Canadian Orebodies Makes Significant New High Grade Gold Discovery in the Prolific Hemlo Mining Camp
Canadian Orebodies Inc. (the “Company”) (TSX Venture:CORE) is pleased to announce results from the Company’s fall 2017 Black Raven prospecting program and the discovery of multiple high grade gold bearing vein structures that represent a significant new discovery in the Hemlo camp.
Consolidating the Kootenay Arc: Margaux Resources
Gold, zinc, tungsten: Tyler Rice, CEO of Margaux Resources (V.MRL) has a true polymetallic property to explore. Located in South Eastern British Columbia, the Margaux properties follow the rich geology of the Kootenay Arc.
AbraPlata Provides Diablillos PEA Status Update and Announces Expiry of Anti-Dilution Right Held by SSR Mining
AbraPlata Resource Corp. (“AbraPlata” or the “Company”) (TSX-V:ABRA) (OTC:ABBRF) (Frankfurt:1AH) is pleased to announce that the Preliminary Economic Assessment (“PEA”) of the Diablillos Ag-Au project is nearing completion and the Company expects to announce the results by the end of February 2018. The Company is also pleased to report that the contractual anti-dilution right (the “Anti-Dilution Right”) held by SSR Mining Inc. (formerly Silver Standard Resources Inc.) (“SSR Mining”) under the second amended and restated share purchase agreement dated March 21, 2017 (the “SSR Agreement”), which entitled SSR Mining to maintain a free carried 19.9% equity interest in the Company has now expired.
Falco Begins 2018 Donalda – Quemont East Drilling Program
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.
Looking for Hemlo II: Canadian Orebodies
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.
Pacton Gold goes to Pilbara
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.”