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Maya Gold & Silver Inc. is pleased to provide the first results of its surface percussion drilling program to drill test the extent of the northern silver mineralization at the surface. The program announced on July 6, 2017 was delayed due to the prolonged shortage of equipment needed for this surface operation. Highlights: + 4 meters at 469 g/t Ag [...]
Osisko Gold Royalties Ltd. today announces its intention to renew its normal course issuer bid to purchase for cancellation, from time to time over a 12-month period, common shares of the Corporation listed on the Toronto Stock Exchange in an aggregate amount of up to 10% of the public float of the Corporation. The commencement of the NCIB Program [...]
Suncor today took its first steps in the regulatory process to replace coke-fired boilers with two cogeneration units at its Oil Sands Base Plant as a part of its plan to remain globally cost and carbon competitive. In addition to providing the facility with steam needed for its operations, the cogeneration units are expected to export [...]
Turquoise Hill Resources today announced 2018 production and financial guidance. Oyu Tolgoi is expected to produce 125,000 to 155,000 tonnes of copper and 240,000 to 280,000 ounces of gold in concentrates for 2018. Open-pit operations are expected to mine in Phase 6 in early 2018 and Phase 4 throughout the year. In addition, stockpiled ore will be [...]
Greenfields Petroleum Corp. is pleased to announce that on November 27, 2017 Bahar Energy Operating Company Limited , a wholly owned subsidiary of Greenfields, executed an exclusive memorandum of understanding with SOCAR Complex Drilling Works Trust , a subsidiary of the State Oil Company of the Republic of Azerbaijan , to formalize a partnership [...]
Redzone Resources Ltd. is pleased to announce that it has increased its previously announced non-brokered private placement pursuant to which it now proposes to issue up to 7,500,000 units at a price of $0.16 per Unit to raise aggregate gross proceeds of up to approximately $1,200,000. Each Unit will be comprised of one Common Share and one-half of [...]
Saturn Oil & Gas Inc. is pleased to announce that it has closed its over-subscribed equity financing receiving subscriptions totaling C$520,800, subject to TSX Venture Exchange approval. The Company has also entered into a convertible loan agreement with Digistore24 GmbH , pursuant to which Digistore will lend Saturn C$1,500,000 . Pursuant to the [...]
Jaguar Resources is pleased to confirm that it has entered into a definitive escrow arrangement which provides that upon the Company delivering, or causing to be delivered, not less than $210,000,000 USD to a maximum of $400,000,000 USD to the escrow agent under such arrangement, the escrow agent will release to Jaguar: (i) Series "A" Bonds of Alon [...]
Trevali Mining Corporation announces results from its 2017 exploration program where directional diamond drilling continues to intersect multiple zones of high-grade zinc mineralization within and below the Santander Pipe target at its Santander Zinc Mine in Peru . Hole ID Depth From - To Core Length Interval* Zn Pb Cu Ag SAN-0224-17 792.45 [...]
Adventus Zinc Corp. has today entered into an agreement with a syndicate of underwriters co-led by Cormark Securities Inc. and Haywood Securities Inc. pursuant to which the Underwriters have agreed to purchase on a "bought deal" private placement basis 11,363,637 common shares of the Company at a price of C$0.88 per Share , representing total gross [...]
Seismic reflection results indicate that the 3Q salar is approximately 600 metres deep and as a result, the drill program has been expanded at depth and in new untested areas First drill hole of 320 metres, from the 2017-2018 drilling season, resulted in an average grade of 642 mg/L Lithium Neo Lithium has approximately $65M in cash after the [...]
RedZone Resources Inc. is pleased to provide the following corporate update and announce a private placement as follows: Board of Directors Appointment The Company is pleased to announce the appointment of Cameron Bell to its Board of Directors. Cameron Bell, M.Sc., P. Geo, has over 30 years' experience working as a geologist and exploration manager. He was a Regional Exploration Manager for Vale from 2007 to 2016, with periods as North American Manager and Australasia Manager. Prior to that, he worked with Inco Technical Services where he was responsible for project generation and managing their grass roots nickel exploration in North America. Additionally, he held the role of Senior Geologist at Voisey's Bay and Sudbury. Michael Murphy commented "We are delighted that ... [...]
