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

MGX Minerals’ Joint Venture Partner Power Metals Drills 26.0 Metres of 1.94% Li2O and 323.75 ppm Ta at Case Lake Property

CSE:XMG, MGX Minerals, lithium,

MGX Minerals Inc. (“MGX” or the “Company”) (CSE:XMG) (FKT:1MG) (OTCQB:MGXMF) is pleased to report that joint venture partner Power Metals Corp. (“Power Metals”) has received initial assay results from drilling at the Case Lake property near Cochrane, Ontario. As reported by Power Metals, drilling has intersected three wide high-grade lithium (Li) and tantalum (Ta) mineralized intervals including: read more

MGX Minerals Intersects Broad Intervals of Spodumene Pegmatite Mineralization

Case Lake, Ontario Lithium Project
CSE:XMG, MGX Minerals, lithium,
MGX Minerals Case Lake Lithium Project 1

VANCOUVER, BRITISH COLUMBIA / September 21, 2017 / MGX Minerals Inc. (“MGX” or the “Company”) (CSE: XMG / FKT: 1MG / OTC: MGXMF) is pleased to announce that it has been provided with an update regarding ongoing drilling at its Case Lake Lithium Joint Venture with Power Metals Corp. read more

Bonterra Discovers New Gold Zone 5 km West of the Gladiator Gold Deposit

Bonterra, V.BTR, gold

Bonterra Resources Inc. (TSX-V: BTR, US: BONXF, FSE: 9BR1) (the “Company” or “Bonterra”) is pleased to announce recent exploration activities located west of the Gladiator Deposit and within the extensive Coliseum Property have led to the discovery a new gold and silver bearing horizon (“Temica Gold Zone”). The discovery located approximately 4 km to the south west of the Gladiator Deposit, was highlighted by recent drill hole CL-17-14, which intersected 4.7 g/t Au and 44.6 g/t Ag over 2.7 m at a depth of 250 m below surface. The Bonterra technical team considers this newly discovered zone to be an extension of the Gladiator mineralized trend. read more

Canadian Orebodies Intersects 32.4 Metres of 1.4g/t Au, Including 5.0 Metres of 4.2g/t Au at Wire Lake

V.CORE, Canadian Orebodies, gold, Gordon McKinnon

Canadian Orebodies Inc. (the “Company”) (TSX VENTURE:CORE) is pleased to announce the second batch of core assays from its summer drill campaign at the Wire Lake Project. The program consisted of twenty-two holes being drilled (WL-2017-001 to 009, 009A, and 010 to 021) totaling 3,069 metres. read more