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Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) (“Margaux” or the “Company”) is pleased to announce it has received final results from its fall 2017 diamond drill program on the Bayonne gold property, part of the Company’s larger Kootenay Arc project in southern B.C.
Crown Mining Corp., (TSXV: CWM) (“Crown” or the “Company“) is pleased to announce that it has retained Tetra Tech to complete a Preliminary Economic Assessment (“PEA”) on its 100% controlled Moonlight-Superior Copper Project in Northeast California.
Reality bit hard for Novo shareholders in the form of a blunt press release on Friday, November 24 outlining the frustrations of the Purdy’s Reward tenement, a key tenement within the farm-in and joint venture Novo has with ASX-listed Artemis Resources Limited, in Western Australia. The gist of the release is that it is proving difficult to get useful samples from the property. Which, in turn, pushes any sort of resource estimate off into the New Year.
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.
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.
Always interesting to see Bob Moriarty’s take on a stock. 321Gold.com is one of the very few websites which can actually move a junior gold stock. Not every time, but often enough to pay attention. Bob likes Bonterra, a lot.
If you look at a map of historical mining districts in British Columbia, the southeastern corner stands out. Gold, silver, lead, zinc and tungsten have all been profitably mined in the area.
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.
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).
