NEW ORLEANS, LOUISIANA–(Marketwired – Nov. 1, 2017) – First Bauxite Corporation (“First Bauxite” or the “Company”) (TSX VENTURE:FBX)(FRANKFURT:FBI)(BERLIN:FBI)
is pleased to announce that it has received formal notification from the Guyana Geology and Mines Commission (the “GGMC”) that its request for an extension to commence construction under its Mining License for the Bonasika Project has been approved. The Company had earlier received an extension through January 31, 2018, which also provided for an additional year to be granted if the GGMC considered the Company to have made sufficient progress to merit the additional extension. The construction commencement date has now been extended to January 31, 2019.
TORONTO, ONTARIO–(Marketwired – Nov. 1, 2017) –
MONTREAL, QUEBEC–(Marketwired – Nov. 1, 2017) – Osisko Metals Incorporated (the “Company” or “Osisko Metals“) (TSX VENTURE:OM)(FRANKFURT:0B5) is pleased to announce the closing of the C$5 million financing from Osisko Gold Royalties Ltd (“Osisko Gold”) that was announced October 12, 2017, in which Osisko Gold will acquire a 1% net smelter return royalty on Osisko Metals’ current portfolio of projects within both the Bathurst Mining Camp (“BMC”) and Quebec. The acquired royalty will also apply to areas that Osisko Metals may acquire in the future that fall within a one kilometer distance (area of influence) from their current property holdings. Osisko Gold may also acquire existing royalty buy-back agreements on current projects and will hold rights of first refusal on any future royalty or metal stream sale from existing or newly acquired properties by Osisko Metals.
ROUYN-NORANDA, QUEBEC–(Marketwired – Nov. 1, 2017) – Explor Resources Inc. (TSX VENTURE:EXS)(OTCQB:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) (“Explor” or the “Corporation“) announces the closing of a first tranche of a non-brokered private placement of a maximum of 3,571,500 units at a price of $0.07 each, for total gross proceeds of up to CDN $250,000 (the “Private Placement“). Each unit is composed of one common share and one-half common share purchase warrant. Each whole warrant can be exercised at a price of $0.12 for a period of 24 months. The first tranche of the Private Placement closed today consists in the sale of 2,857,143 units, representing 2,857,143 common shares and 1,428,571 warrants, for an aggregate subscription of $200,000, by a related party to the Corporation, namely, Christian Dupont, director and Chief Executive Officer of the Corporation. After the private placement, assuming the exercise of the warrants included in the units purchased by Christian Dupont, Mr. Dupont would hold, directly or indirectly, or exercise control over approximately 4.3 % of the Corporation issued and outstanding common shares.
ROUYN-NORANDA, QUEBEC–(Marketwired – 1 nov. 2017) – Ressources Explor inc. (« Explor » ou la « Société ») (TSX CROISSANCE:EXS)(OTCQB:EXSFF)(FRANCFORT:E1H1)(BERLIN:E1H1) annonce qu’elle a clos une première tranche d’un placement privé sans l’entremise d’un courtier d’un nombre maximum de 3 571 500 unités à un prix de 0,07 $ chacune, pour un produit de souscription total pouvant aller jusqu’à 250 000 $ CDN (le « placement privé »). Chaque unité se compose d’une action ordinaire et d’un-demi bon de souscription, chaque bon de souscription complet pouvant être exercé pour acheter une action ordinaire à un prix de 0,12 $ pour une période de 24 mois. La première tranche du placement privé close aujourd’hui consiste en la vente de 2 857 143 unités, représentant 2 857 143 actions ordinaires et 1 428 571 bons de souscription, pour une souscription de 200 000 $ par une personne apparentée de la Société, soit Christian Dupont, administrateur et chef de la direction de la Société. Suite au placement privé, en présumant l’exercice des bons de souscriptions inclus dans les unités achetées par Christian Dupont, M. Dupont détiendrait, directement ou indirectement, ou exercerait le contrôle sur environ 4,3 % des actions émises et en circulation de la Société.
MONTRÉAL, QUÉBEC–(Marketwired – Nov. 1, 2017) – Sphinx Resources Ltd. (“Sphinx” or the “Corporation”) (TSX VENTURE:SFX) announces that it has closed a non-brokered private placement (the “Private Placement”) for aggregate gross proceeds of $247,880.
MONTRÉAL, QUÉBEC–(Marketwired – 1 nov. 2017) – Ressources Sphinx ltée (« Sphinx » ou la « Société ») (TSX CROISSANCE:SFX) annonce qu’elle a clôturé un placement privé (le « Placement Privé »), pour un produit brut total de 247 880 $.
TORONTO, ONTARIO–(Marketwired – Nov. 1, 2017) –
TORONTO, ONTARIO–(Marketwired – Nov. 1, 2017) – Sage Gold Inc. (“Sage” or the “Corporation”) (TSX VENTURE:SGX) is pleased to announce the appointment of Michael Farrant, CPA, CA, as Chief Financial Officer (“CFO”) effective immediately. Mr. Farrant brings over 20 years of experience with both major and junior gold mining companies providing executive and financial leadership as CEO, CFO and Treasurer. David McDonald will be stepping down as CFO and will continue working as a consultant to Sage and other junior mining companies. The Company wishes to welcome Michael and thank David for his continuing contribution over the past two years.
CALGARY, AB–(Marketwired – November 01, 2017) – Toscana Energy Income Corporation (“Toscana Energy” or the “Company”) (TSX: TEI) is pleased to announce that it has entered into a Purchase and Sale Agreement to sell 13 sections of undeveloped land in Northern Alberta (the “Assets”�) to a private company for total cash consideration of $1.6 million subject to normal industry conditions. Proceeds of this sale will be initially utilized to reduce the Company’s outstanding credit facilities and then redirected towards expanding its large light oil in place assets. The disposition of the Assets is expected to close on or before the end of November, 2017. Together with this sale, Toscana Energy will have executed on an aggregate of $5.6 million of non-core property sales year to date to not only reduce debt but also to improve the overall quality of its asset portfolio.
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov. 2, 2017) –
KELOWNA, BRITISH COLUMBIA–(Marketwired – Nov. 2, 2017) – Big Wind Capital, (“Big Wind” or the “Company“) (CSE:BWC)(CSE:BWC.CN)(CNSX:BWC) announces that William V. Marsh has joined the Board of Directors. In addition, Mr. Jeremy Ross, has resigned from the Board to pursue other ventures.
ST HELIER, CHANNEL ISLANDS–(Marketwired – Nov. 2, 2017) – Caledonia Mining Corporation Plc (“Caledonia” or the “Company”) (NYSE American:CMCL)(NYSE MKT:CMCL)(AIM:CMCL)(TSX:CAL) is pleased to announce an increase and upgrade to the resource base at its 49% owned subsidiary, the Blanket Mine in Zimbabwe (“Blanket”).
Based on development and diamond core drilling carried out to the end of August 2017 combined with improvements to the geological model, total Measured and Indicated gold ounces at Blanket have increased by 6% from 671,000 ounces in December 2016 to 714,000 ounces today. Total Measured and Indicated resources now stand at 5.62 million tonnes at a grade of 3.95 grammes per tonne (“g/t”). Inferred gold resources at Blanket have been increased by 47% from 604,000 ounces in December 2016 to 887,000 ounces today. Total Inferred resources now stand at 5.53 million tonnes at a grade of 4.99g/t.
JERSEY, CHANNEL ISLANDS–(Marketwired – Nov 2, 2017) – Randgold Resources (NASDAQ: GOLD)
TORONTO, ONTARIO–(Marketwired – Nov. 2, 2017) –
TORONTO, ONTARIO–(Marketwired – Nov. 2, 2017) – Kirkland Lake Gold Ltd. (“Kirkland Lake Gold” or the “Company“) (TSX:KL)(NYSE:KL) is pleased to announce financial and operating results for the third quarter (“Q3 2017”) and first nine months (“YTD 2017”) of 2017. The Company’s full financial statements and management discussion & analysis are available on SEDAR at www.sedar.com and on the Company’s website at www.klgold.com. All dollar amounts in this news release are expressed in U.S. dollars, unless otherwise noted.
QUÉBEC, QUÉBEC–(Marketwired – 2 nov. 2017) – Nemaska Lithium Inc. (« Nemaska Lithium » ou la « Société ») (TSX:NMX)(OTCQX:NMKEF) a fait le point aujourd’hui sur la production d’hydroxyde de lithium provenant de son usine de phase 1.
TORONTO, ONTARIO–(Marketwired – Nov. 2, 2017) – Denison Mines Corp. (“Denison” or the “Company”) (TSX:DML)(NYSE American:DNN)(NYSE MKT:DNN) is pleased to report the extension of new high-grade unconformity-hosted uranium mineralization located up-dip and approximately 250 metres along strike to the northeast of the basement-hosted Gryphon deposit, on the Company’s 60% owned Wheeler River project. Preliminary radiometric equivalent grades (“eU3O8“) from drill hole WR-670D2 are highlighted by an interval of 4.3% eU3O8 over 4.3 metres, from mineralization occurring immediately above the sub-Athabasca unconformity. This result adds to previous unconformity mineralized intercepts that include 5.0% eU3O8 over 4.7 metres in drill hole WR-689D3 and 1.2% eU3O8 over 1.4 metres in drill hole WR-690D3 (see Denison’s press release dated August 30, 2017). The new zone of “E series” unconformity mineralization now extends approximately 80 metres horizontally along the unconformity and remains open along strike to the northeast and southwest.
QUÉBEC CITY, QUÉBEC–(Marketwired – Nov. 2, 2017) – Nemaska Lithium Inc. (“Nemaska Lithium” or the “Corporation”) (TSX:NMX)(OTCQX:NMKEF) announced today an update on the lithium hydroxide production coming from its Phase 1 Plant.
TORONTO, ONTARIO–(Marketwired – Nov. 2, 2017) – First Cobalt Corp. (TSX VENTURE:FCC)(OTCQB:FTSSF) (the “Company”) announces early assay results from the Keeley-Frontier drill program. First Cobalt’s 2017 drill campaign is targeting cobalt mineralization over a total two kilometre strike length, representing less than two percent of a pro forma land package with several known historic cobalt-rich mines.
MONTREAL, QUEBEC–(Marketwired – Nov. 2, 2017) –
MONTRÉAL, QUÉBEC–(Marketwired – 2 nov. 2017) –
TORONTO, ON–(Marketwired – November 02, 2017) – Excellon Resources Inc. (TSX: EXN) (TSX: EXN.WT) (OTC: EXLLF) (“Excellon” or the “Company”) is pleased to report financial results for the three and nine-month periods ended September 30, 2017.
TORONTO, ONTARIO–(Marketwired – Nov. 2, 2017) – Euro Sun Mining Inc., (TSX:ESM) (“Euro Sun” or the “Company”) invites you to participate in a conference call held today, November 2, 2017, at 11:00am Eastern Time to discuss recent news, company activities and to provide a general corporate update. The call will be hosted by Stan Bharti, Chairman of Euro Sun and Scott Moore, President and CEO of Euro Sun. A question and answer period will follow the call.
BOUCHERVILLE, QUÉBEC–(Marketwired – 2 nov. 2017) – L’honorable Danielle Turcotte, juge de la Cour supérieure du Québec, Chambre commerciale, a renouvelé, jusqu’au 30 avril 2019, la suspension des procédures prévue à l’ordonnance initiale émise à l’égard de Ressources Strateco inc. (« Strateco ») en vertu de la Loi sur les arrangements avec les créanciers des compagnies (la « LACC »). Il est attendu que ce renouvellement permet à Strateco de poursuivre son appel de la décision de l’honorable juge Denis Jacques, j.c.s., rendue le 21 juin 2017, dans le cadre de la poursuite de 182 684 575 $ contre la Procureure générale du Québec, pour le compte du gouvernement du Québec et du ministre de l’Environnement.
BOUCHERVILLE, QUEBEC–(Marketwired – Nov. 2, 2017) – Justice Danielle Turcotte of the Superior Court of Quebec, Commercial Division, has renewed the stay of proceedings provided for in the initial order issued in respect of Strateco Resources Inc. (“Strateco”) under the Companies’ Creditors Arrangement Act (“CCAA”) until April 30, 2019. It is expected that this stay extension will allow for a hearing on Strateco’s appeal of the decision rendered on June 21, 2017 by the Honourable Denis Jacques, J.C.S., in connection with Strateco’s lawsuit of $182,684,575 against the Attorney General of Quebec on behalf of the Government of Quebec and the Minister of the Environment.
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov. 2, 2017) – WPC Resources Inc. (the “Company” or “WPC”) (TSX VENTURE:WPQ) announces it has entered into a letter agreement (the “LOI”) with Mandalay Resources Corporation (“Mandalay”) under which the Company may acquire Mandalay’s subsidiary, Lupin Mines Incorporated (“Lupin”), which owns the historic Lupin gold mine (the “Property”). The LOI replaces the Purchase Agreement with Mandalay dated October 31, 2016, and Amendment to Purchase Agreement, dated February 28, 2017, to acquire Lupin. (For additional information regarding the Purchase Agreement and Lupin Mines Incorporated please see the WPC’s news releases dated November 1, 2016 and March 3, 2017, and the Company website – www.wpcresources.com.)
NEW YORK, NY–(Marketwired – Nov 2, 2017) – NetworkNewsWire (“NNW”), a multifaceted financial news and publishing company, today announces the publication of an editorial featuring Zinc One Resources, Inc. (TSX VENTURE: Z) (OTC PINK: ZZZOF) (FRANKFURT: RH33), a client of NNW focused on the acquisition, exploration and development of prospective and advanced zinc projects in mining-friendly jurisdictions.
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov. 2, 2017) –
SASKATOON, SASKATCHEWAN–(Marketwired – Nov. 2, 2017) – Tarku Resources Ltd. (TSX VENTURE:TKU) (the “Company” or “Tarku”) is pleased to announce the start of exploration work on its wholly owned Apollo and Atlas gold and base metals projects and situated 50 kilometres east of Matagami in the Eeyou Istchee James Bay territory. The contiguous projects are covering 104 km2 along a regional gold structure named the Rivière Waswanipi Shear Zone (RWSZ), a geological setting which Tarku interprets as similar to the Sunday Lake Deformation Zone hosting the Detour Lake mine. The planned work program includes a till, humus and rock samples program which aims to validate the historical results including a value of 4.94 g/t in the heavy mineral fractions in order to identify priority areas along the RWSZ as well as other promising structures and contacts over a distance of 19 kilometres.
SASKATOON, SASKATCHEWAN–(Marketwired – 2 nov. 2017) – Tarku Resources Ltd. (TSX CROISSANCE:TKU) (la « Société » ou « Tarku ») a le plaisir d’annoncer le début de travaux d’exploration sur les projets aurifères et de métaux de base Apollo et Atlas détenus à 100% par Tarku et localisés à 50 kilomètres à l’est de Matagami sur le territoire Eeyou Istchee Baie-James. Les 2 projets contigus couvrent 104 km2 le long du cisaillement régional aurifère de la Rivière Waswanipi (CRW), contexte géologique que Tarku interprète comme similaire à celui de la faille régionale de Sunday Lake, hôte de la Mine Detour Lake. Les travaux planifiés consistent en un levé de till, d’humus et de roche afin de valider des résultats historiques, dont des valeurs jusqu’à 4,94 g/t Au dans le concentré de minéraux lourds, ainsi qu’à identifier les secteurs prioritaires le long du CRW et des autres structures et contacts les plus prometteurs qui sont présents sur plus de 19 kilomètres.
VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov. 2, 2017) – Mundoro Capital Inc. (TSX VENTURE:MUN) (www.mundoro.com) (“Mundoro” or the “Company“) is pleased to announce the Company is mobilizing for drilling at the East and West Zone on the Zeleznik license (“Zeleznik“). Zeleznik is one of the four licenses currently being sole funded by our joint venture partner Japan Oil, Gas and Metals National Corporation (“JOGMEC”) as part of the JOGMEC-Mundoro joint venture announced in March 2016. Zeleznik is located at the northern end of the Timok Magmatic Complex in northeastern Serbia as shown in Figure 1: Location Map of Timok North Projects; the license is north of the Serbian state-owned Majdanpek copper-gold mine.
SEXSMITH, AB–(Marketwired – November 02, 2017) – ANGKOR GOLD CORP. (TSX VENTURE: ANK) (OTC PINK: ANKOF) (“Angkor” or “the Company”) CEO Mike Weeks announced today the appointment of Dennis Ouellette as Vice President – Exploration of Angkor effective immediately.
VAL-D’OR, QUEBEC–(Marketwired – Nov. 2, 2017) –
VAL-D’OR, QUÉBEC–(Marketwired – 2 nov. 2017) –
