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

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

Transition Metals: Pipeline growth without dilution

V.XTM, Transition Metals, gold, Ontario, Scott McLean

Transition (V.XTM) CEO Scott McLean is very clear about the difference between a project generator and a junior explorer, “The big difference is that a traditional junior will raise money by diluting the shareholder’s equity to fund the advancement of one or two projects.   Under the project generator business model, the Company holds multiple projects and the exploration is funded by a partner in return for a stake in a specific project. This model allows projects to be funded with minimal shareholder equity dilution. The approach leverages the investor’s exposure to the upside that can come from discovery in a manner that insulates the downside that can come from excessive shareholder dilution if results prove unfavourable” read more

Marathon Gold Buys Back the 3% Precious Metals and 2% Base Metals Royalty on the Valentine Lake Gold Property in Newfoundland

T.MOZ, Marathon Gold, gold, Newfoundland, Phillip Walford

Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) Marathon Gold Corporation is pleased to announce that it has acquired the 3% precious metals NSR royalty and the 2% base metals NSR royalty on its Valentine Lake gold property in central Newfoundland from a third party for US$8.7 million. Marathon believes this purchase is in the best interest of the Company as it continues to develop the Valentine Lake property. read more

Victoria Gold in Northern Miner

Canadian Mining

Lesley Stokes at the Northern Miner is the rare combination of a geologist and a journalist. She understands what professional geologists like Victoria Gold’s VP Exploration, Paul Gray is talking about when he describes the Eagle discovery as “geologically boring, but mineralogically consistent,”. It is that consistency which drives VIT’s mine construction and the exploration efforts designed to extend the projected life of mine. read more