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TerraX Minerals Inc. (TSXV: TXR) (OTC Pink: TRXXF) (FSE: TX0) is pleased to report that it has entered into an agreement to acquire the historic Burwash Mine property, immediately adjacent to its Eastbelt property, Yellowknife City Gold Project.
Golden Predator Mining Corp. (TSX.V:GPY) (OTCQX:NTGSF) (the “Company” or “Golden Predator”) is pleased to report results for 20 reverse circulation drill holes at the 3 Aces Project in southeast Yukon. Drill results have confirmed a doubling of the strike length of the Ace of Hearts vein with 600 m of continuity, and the extension of mineralization for 340 meters along the Hearts-Clubs Corridor. The 1.6 km Hearts-Clubs Corridor drill program, a component of the 2017 drill program, is designed to test and establish continuity along shear zones hosting gold-in-quartz veins. A second parallel shear zone, below the Hearts-Clubs Corridor, was also established and confirmed with visible gold along a 450 m segment, additional drilling results are pending.
Excellent article from our friend Lesley Stokes over at The Northern Miner on Pretium (T.PVG) operations at its Brucejack Mine in Northern British Columbia. Pretium is now processing stope ore with grades running over 12 grams per ton. In the third quater overall, Pretium produced 82,203 oz. gold from 261,262 tonnes grading 10.52 grams gold per tonne. What is remarkable is that the all in sustaining cash cost of this production was US $446 per ounce.
Evolving Gold, (V.EVG) is joining Eastmain and Goldcorp in the James Bay region of Northern Quebec. It is a geological sub-province which is showing signs of becoming a new Abitibi with greenstone showings and significant gold. I have an article up at Seeking Alpha about the New Abitibi and how investors can get into the play without paying a premium.
Cartier Resources Inc. (TSX VENTURE:ECR) (“Cartier”) is pleased to announce that the first results of its 25 000-m ongoing drill program on the Chimo Mine property, located 45 km east of Val-d’Or. Four drill holes, completed 700 m east of the former Chimo Mine workings and on the 5M Zone gold-bearing structure have intersected the 5M4 Zone (FIGURE). The best results are: 7.3 g/t Au/2.2 m included in 2.0 g/t Au/14.1 m and 5.8 g/t Au/2.4 m included in 1.5 g/t Au/14.0 m (see table below).
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Victoria Gold Corp. (TSX VENTURE: VIT) (“Victoria” or the “Company”) is pleased to announce the receipt of assays from the second of four drillholes that targeted previously untested areas adjacent to, and below the 2016 Eagle Gold Mine Feasibility Study pit boundary, the Eagle Deep targets.
Novo Resources (V.NVO) is out with a new press release today. It is a geo’s delight but the money shot is,
TerraX Minerals Inc. (TSXV: TXR) (OTC Pink: TRXXF) (FSE: TX0) is pleased to report the receipt of $1,910,759 from the exercise of 3,821,518 share purchase warrants at $0.50 per share. With the exercise of these warrants, the Company now has cash on hand of $2.83 Million.
Victoria Gold Corp. (TSX VENTURE: VIT) (“Victoria” or the “Company”) is pleased to announce the receipt of additional analytical results from the on-going 2017 Dublin Gulch (the “Property”) exploration campaign. These latest results are from the 11 exploration drill holes completed on the Catto Zone. Located between the Eagle Gold Mine and the Olive-Shamrock Deposit, the Catto Zone was the location of historic high-grade gold mines and has seen only cursory contemporary mineral exploration.