Tag: Quebec

Eloro Resources Announces the Exercise in Full of the Bought Deal Financing Over-Allotment Option by the Underwriters

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ELO.V, Eloro, 321gold.com, Bob Moriarty, Bolivia, Iska Iska property,

Eloro Resources Ltd. (the “Company” or “Eloro”) (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) is pleased to announce that, in connection with its previously announced bought deal financing (the “Financing”) (see Eloro press releases dated March 2, 2021, March 3, 2021 and March 8, 2021), and further to the filing of the final short form prospectus on March 18, 2021 with the applicable securities regulators in each of the provinces of Canada, except Quebec, Haywood Securities Inc. and Cantor Fitzgerald Canada Corporation as co-lead underwriters and joint-bookrunners, and Cormark Securities Inc. as co-lead underwriter (collectively, the “Underwriters”), have elected to exercise their over-allotment option (“Over-Allotment Option”) in full. read more

Eloro Resources Adds Second Rig to Accelerate the Diamond Drill Program at its Iska Iska Property, Potosi Department, Southern Bolivia

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ELO.V, Eloro, 321gold.com, Bob Moriarty, Bolivia, Iska Iska property,
Figure 1: Geological Plan Map of the Santa Barbara Breccia Pipe area

Eloro Resources Ltd. (TSX-V: ELO; OTCQX: ELRRF FSE: P2QM) (“Eloro”, or the “Company”) is pleased to announce that it is adding an additional drill rig to accelerate its diamond drilling program at its Iska Iska Silver-Polymetallic Project in Potosi Department, southern Bolivia. To date, Eloro has completed 22 holes totalling 6,721m metres from both underground (12) and surface drill holes (10). Results from the first five underground holes were reported on November 18, 2020 and an additional 10 holes were reported on January 26, 2021. Results are pending for an additional 7 holes (Table 1). Figure 1 is a plan map showing locations of the drill holes completed and in progress; Figures 2 and 3 are updated North-South and West-East geological cross sections, respectively. read more

Parbec Assays 13m of 1.72 g/t Au in the Sediments

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RFR.C, Renforth Resources, gold, Quebec

nforth Resources Inc. (CSE:RFR) (“Renforth” or the “Company”) is pleased to provide shareholders with the most recent assays, including 13m of 1.72 g/t Au, from our Fall 2020 9,644m drill program at Parbec, designed to add ounces to our NI 43-101 Resource Estimate Open Pit Constrained Gold Deposit, adjacent to, and on strike of, the Canadian Malartic Mine, Canada’s largest gold mine, currently operating as an open pit. Today’s press release brings to 5 the drillholes reported on, out of 27 drilled in the program. Highlights for PAR-20-103, PAR-20-104A and PAR-20-104, each of which intersected gold, as did each of the prior 40 holes drilled by Renforth at Parbec, are as follows; read more

Eloro Resources Announces Filing of Preliminary Short Form Prospectus

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ELO.V, Eloro, 321gold.com, Bob Moriarty, Bolivia, Iska Iska property,

 Eloro Resources Ltd. (the “Company” or “Eloro”) (TSX-V: ELO; OTCQX: ELRRF; FSE: P2QM) is pleased to announce that, in connection with its previously announced bought deal financing (see Eloro press releases dated December 9, 2020), it has filed a preliminary short form prospectus with the applicable securities regulators in each of the provinces of Canada, except Quebec. Under the terms of the financing, Haywood Securities Inc., as lead underwriter, and Echelon Wealth Partners Inc. (the “Underwriters”) have agreed to purchase, on a bought deal basis, 3,548,400 units (the “Units”) at a price of Cdn$1.55 per Unit (the “Issue Price”) for gross proceeds to the Company of Cdn$5,500,020 (the “Offering”). read more

Renforth Reports Additional Parbec Assays, Program Updates

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RFR.C, Renforth Resources, gold, Quebec

Renforth Resources Inc. (CSE:RFR) (“Renforth” or the “Company”) is pleased to update shareholders on the receipt of assays and the ongoing drill program at our flagship asset, the wholly owned Parbec Open Pit Constrained Gold Deposit located in Malartic Quebec, on the Cadillac Break and adjacent to the Canadian Malartic Open Pit Gold Mine. read more

Cartier Iron Announces Financing

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Cartier Iron Corporation (CSE: CFE) (“Cartier Iron”), is pleased to announce that it is proceeding with a non-brokered private placement (the “Private Placement”) of up to 2,500,000 flow-through shares of Cartier Iron at a price of $0.14 per share (“F-T Shares”) for proceeds of up to $350,000. Each F-T Share will be issued on a “flow-through” basis under the Income Tax Act (Canada). Insiders of Cartier Iron may participate in the Private Placement. read more

Renforth Successfully Drills Polymetallic Mineralization at Surimeau

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RFR.C, Renforth Resources, gold, Quebec

Renforth Resources Inc. (CSE:RFR) (“Renforth” or the “Company”) is pleased to announce a first successful drill test on its Surimeau polymetallic project located twenty kilometers south of the town of Cadillac, Québec. The project covering an area of 215 km2 is a regional exploration setting covering an area of interest west of, and adjoining, the Agnico-Eagle and Yamana Gold owned Canadian Malartic Mine. read more

Renforth’s Parbec Open Pit Gold Deposit Delivers 13.2m of 1.09 g/t Au from 7m Down Hole

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RFR.C, Renforth Resources, gold, Quebec

Renforth Resources Inc. (CSE:RFR)(OTC PINK:RFHRF)(WKN:A2H9TN) (“Renforth” or the “Company”) has received the balance of assays for drill hole PAR-20-100, and results for the top of hole PAR-20-101, the first two holes in our ongoing drill program at our wholly owned Parbec open pit gold deposit. Parbec is a bulk tonnage gold property on the Cadillac Break, adjacent to the Canadian Malartic Mine, which also has custom milling solutions within a 10km radius. The current drill program is building upon our maiden May 2020 NI 43-101 compliant Open Pit Constrained Resource Estimate at Parbec, with a restatement expected in Q2 2021. read more