Tag: gold

Canadian Gold Miner and Osisko Mining team up to accelerate gold exploration projects in Ontario

MotherlodeTV
V.XTM, Transition Metals

Canadian Gold Miner Corp. (“CGM” or the “Company”) and Transition Metals Corp. (a 40% owner of CGM;   XTM – TSX.V, “Transition”) are pleased to announce that CGM has today concluded a transaction with Osisko Mining Inc. (“Osisko”) to acquire the DeSantis property, a historical gold producer located in the heart of the Timmins Gold Camp, and an option on the Catharine Property, a large exploration land package near CGM’s focus area south of Kirkland Lake, Ontario in exchange for 2.5 million common shares of CGM valued at $0.20 per share. Concurrent with the transaction, Osisko also has completed a $1.0 million private placement in CGM consisting 5.0 million units priced at $0.20 with each unit consisting of a common share and a half common share purchase warrant exercisable at $0.35 for a period of two years. read more

Cartier Iron Completes Acquisition of a 100% Interest in the Big Easy Property, Newfoundland

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Cartier Iron Corporation (CSE:CFE) (“Cartier Iron” or the “Company”), is pleased to announce the completion of the acquisition of a 100% interest (“Acquisition”) in the Big Easy Property (“Property”), following the registration of title by the proper authorities in the province of Newfoundland and Labrador. The Property consists of 278 mining claims covering 69.5 km2, all located in the province of Newfoundland and Labrador. The terms and details of the Acquisition were announced by Cartier Iron on October 31, 2017 and September 28, 2017. The Property is readily accessible from the Trans-Canada Highway and local roads.  The north end of the Property is located approximately 20 kilometres northwest of the town of Clarenville with St. John’s approximately 220 km southeast of the Property. read more

Bonterra Completes All-Season Exploration Camp to Support Expanding Resource Development Program at Gladiator Gold Project

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Bonterra, V.BTR, gold
Bonterra Completes All-Season Exploration Camp to Support Expanding Resource Development Program at Gladiator Gold Project (CNW Group/BonTerra Resources Inc.)

Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to highlight the construction of a new, all-season exploration camp at the Gladiator Gold Project. The expansion to a larger year-round exploration camp will support the continued advancement of the aggressive resource development program at the Gladiator Gold Deposit. Bonterra plans to mobilize two additional drills (totaling six) in early 2018 for a winter drilling campaign. read more

Cartier Intersects 9.4 g/t Au Over 6.5 Meters at Chimo Mine

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Cartier Resources

Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce results from its 25,000-m ongoing drill program on the Chimo Mine property, located 45 km east of Val-d’Or. The 2B Zone (2 Structure) was intersected 150 m east-north-east of the shaft (FIGURE). The intersection graded 9.4 g/t Au over 6.5 m including 56.0 g/t Au over 0.5 m and 25.2 g/t Au over 2.0 m (refer to Table below). read more

Bonterra Identifies New “Barbeau Gold Zone” at the Gladiator Gold Deposit with Intersection of 22.2 g/t Au over 1.9 m

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Bonterra, V.BTR, gold

BTR.V - Gladiator Deposit Schematic Level Plan. November 16, 2017 (CNW Group/BonTerra Resources Inc.)

BTR.V – Gladiator Deposit Schematic Level Plan. November 16, 2017 (CNW Group/BonTerra Resources Inc.)

Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce the identification of a fifth new parallel gold zone at the Gladiator Gold Deposit. This new “Barbeau Zone”, intersected by six drill holes up to 800 m below surface, was identified south of the “South Zone”. The Company is aggressively completing its 2017 Resource Development Program, with four diamond drill rigs completing a 50,000 m program. In addition, multiple holes are in the lab with assays pending, and Bonterra expects to expand to six drill rigs during the upcoming 2018 winter season. read more