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Explor Resources Inc. is pleased to announce that at the Annual and Special Meeting of Shareholders held on January 16, 2018, the following directors were elected: Christian Dupont of New Brunswick, Geoffrey Carter of Ontario, Mario Colantonio of Ontario and Gerhard Merkel of Germany. The accounting firm Dallaire & Lapointe Inc. was re-appointed as [...]
Globex Mining Enterprises Inc. is pleased to provide shareholders with an update on exploration by Renforth Resources Inc. on Globex's Parbec Gold property located in Malartic township, approximately 4 km northwest and on strike of the large Canadian Malartic open pit gold mine and directly adjoining on the west, the East Amphi Gold deposit [...]
Neo Lithium Corp. provides a recap of the main milestones achieved in 2017 that have rapidly advanced the 3Q Project: Over US$15M invested in the 3Q Project Completion of initial drilling and pumping season Calculation of a large high grade maiden resource with lowest combined magnesium and sulphate impurities of any known salar Strong net cash [...]
SIRIOS is pleased to announce results of the first four drill holes completed in Autumn 2017 on the Cheechoo gold property at Eeyou Istchee James Bay, Quebec. The highlights are: DDH 108: 26.0 m at 6.0 g/t Au included in 575.7 m at 0.7 g/t Au including 0.5 m at 137.7 g/t Au DDH 109: 11.0 m at 8.4 g/t Au included in 327.1 at 0.7 g/t Au including 0.5 [...]
Osisko Mining Inc. is pleased to provide new results from the ongoing drill program at its 100% owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec. The 800,000 metre drill program combines definition, expansion and exploration drilling in and around the main Windfall gold [...]
Brio Gold announces its fourth quarter and full year 2017 preliminary operating results and 2018 guidance. The Company also provides an update on its Santa Luz project. All dollars are in U.S. Dollars, unless otherwise indicated. Gil Clausen, Brio Gold's President and CEO, stated, "With grade challenges at Pilar and lack of water at RDM, our [...]
Torex Gold Resources Inc. announces an updated mineral resource estimate and mineral reserves estimate for its ELG Mine Complex , located in southwest Mexico. The announcement includes a maiden high grade, mineral reserve and mine plan for the Sub-Sill. The estimates were prepared in accordance with National Instrument 43-101 and CIM Definition [...]
FISSION URANIUM CORP. is pleased to announce preparations have begun for a $9.4M winter work program at its award-winning PLS project in Canada's Athabasca Basin. The 31 hole program will focus on two core goals: growth of the recently-discovered, high-grade R1515W zone and accelerating progress towards the pre-feasibility study "PFS", which is a [...]
Spanish Mountain Gold confirms that it closed its private placement with an institutional investor for gross proceeds of $500,006 on Dec. 14, 2017. On closing, the Company issued 3,846,200 flow-through common shares for $0.13 each. The gross proceeds will be used by the Company to incur exploration expenditures on the Company's Spanish Mountain [...]
Power Metals Corp. is pleased to announce that it has completed a brokered bought deal private placement of 6,900,000 units at a price of $0.50 per Unit for gross proceeds of $3,450,000 . Eight Capital acted as underwriter for the Offering. The Offering included Units issued on the exercise of the Underwriters' over-allotment option in full. Each [...]
Turquoise Hill Resources today announced that Oyu Tolgoi LLC has received, and is evaluating, a Tax Act for approximately US$155 million from the Mongolian Tax Authority relating to an audit on taxes imposed and paid by Oyu Tolgoi LLC between 2013 and 2015. Turquoise Hill is of the firm view that Oyu Tolgoi LLC has paid all taxes and charges [...]
Oyu Tolgoi meets 2017 production guidance; achieves record material mined and throughput Shaft 2 reaches final depth in December 2017 Turquoise Hill Resources today announced fourth quarter 2017 production for Oyu Tolgoi. Jeff Tygesen, Chief Executive Officer of Turquoise Hill, said, "Oyu Tolgoi had a strong fourth quarter setting quarterly and [...]