Pistol Bay Mining (TSX.V-PST) (Frankfurt: OQS2) has received approval from the TSX Venture Exchange to acquire from AurCrest all the mining claims held by AurCrest in the Confederation Lake greenstone belt southeast of Red Lake, Ontario. TheTSXV approval requires Pistol Bay to file an NI-43-101 compliant technical report related to the Arrow Zone of the… Continue reading @PistolBayMining Receives Exchange Approval to Acquire Confederation Lake Property in Red Lake, #Ontario from AurCrest #Gold
Category: Junior Mining
@PistolBayMining $PST Closes First Tranche of Financing
Pistol Bay Mining (TSX.V-PST) has closed the first tranche of its financing previously announced October 25, 2016 and amended November 25, 2016. 2,710,000 non flow-through units at $0.07 for $189,700. One share and one full warrant priced at $0.12 for 18 months. 135,000 flow-through units at $0.09 for gross proceeds of $12,150. One share and… Continue reading @PistolBayMining $PST Closes First Tranche of Financing
#Barrick Purchases #Coral #Gold Robertson Property in #Nevada
Coral Gold has entered into a purchase and sale agreement with Barrick Cortez for the sale of the Robertson Property in Lander County, Nevada in the amount of US$15.75 million (Cdn $20.17 million). Barrick will return 4,150,000 shares of Coral held by them for cancellation by the company. Coral will retain an NSR on the… Continue reading #Barrick Purchases #Coral #Gold Robertson Property in #Nevada
#Metanor $MTO $MEAOF Confirms the Extension of the #Gold Structure at Depth on the #Moroy #Property
Metanor Resources Inc. (“Metanor”) (TSX VENTURE:MTO) (OTCBB:MEAOF) is pleased to announce the drilling results for the new zone on the Moroy property located 1 km from the Bachelor mill. The drilling from the last few weeks allowed to define the extension of the gold structure from surface down to 650 m deep; the structure was… Continue reading #Metanor $MTO $MEAOF Confirms the Extension of the #Gold Structure at Depth on the #Moroy #Property
#Kinross’ KG Exploration Completes 2015 Work Program, Submits Plans for 2016 Exploration on 75% Option from #Grizzly $GZD $GZDIF on #Greenwood Property, #BC
#Kinross has completed its 2015 work program on the 131 claims that form a contiguous package totalling approximately 27,345 ha, representing one third of Grizzly’s land at Greenwood. Kinross can earn a 75% interest on optioned land by incurring US$3 million in exploration expenditures over a five year period. Five target area were selected –… Continue reading #Kinross’ KG Exploration Completes 2015 Work Program, Submits Plans for 2016 Exploration on 75% Option from #Grizzly $GZD $GZDIF on #Greenwood Property, #BC
Metanor $MTO $MEAOF Begins Drilling to Update the #Mineral #Resources of the Barry #Gold #Project #Quebec
Metanor $MTO $MEAOF announced the start of a drilling campaign to update the mineral resources of its Barry Gold Project. The campaign of 1,200 meters will include validation drilling of the high-grade zones and of the extensions of certain mineralized zones, for eventual open pit mining. The campaign and the mineral resource update is… Continue reading Metanor $MTO $MEAOF Begins Drilling to Update the #Mineral #Resources of the Barry #Gold #Project #Quebec
Metanor Resources $MTO $MEAOF Intersects 7.5 g/t Gold Over 7.2 m at Bachelor Mine
Metanor has provided this update on its underground exploration drilling program at Bachelor Mine. The drill located on level 8 in the Hewfran sector of Bachelor Mine intersected 7.5 g/t over 7.2 meters (hole 8-112). The holes listed below intersected the structure of the H-10 vein below level 8 down to level 10. Hole N° From (m)… Continue reading Metanor Resources $MTO $MEAOF Intersects 7.5 g/t Gold Over 7.2 m at Bachelor Mine
Metanor (TSX.V-MTO) Intersects 10.1 g/t Gold Over 26.2 Meters Near Surface
Metanor Resources TSXV-MTO drills 26.2 meters of 10.1 g/t gold at Bachelor Mine near surface: MO-15-14 from 6.4 m to 32.6 m intersected 10.1 g/t gold over length of 26.2 m – visible gold at 10.2 m The drilling continues in the same hole since there are more potential targets at depth. See: www.metanor.ca for… Continue reading Metanor (TSX.V-MTO) Intersects 10.1 g/t Gold Over 26.2 Meters Near Surface
Update on Metanor Resources TSXV-MTO Drill Results
Metanor Resources has been consistently releasing drill results throughout June. Here is a briefed summary of these results (go to www.metanor.ca for complete news releases): July 2, 2015 – Metanor Intersects 6.82 g/t Gold Over 8.7m at Bachelor Mine The drill located on level 6 has intersected 6.82 grams per tonne over 8.7 metres. The… Continue reading Update on Metanor Resources TSXV-MTO Drill Results
Falcon Gold $FG TSX.V Closes First Tranche of Private Placement
Falcon has closed a first tranche of the previously announced $600,000 private placement for gross proceeds of $191,225 and issued 2,549,666 Units priced at $0.075 per Unit. Each Unit is one common share and 1/2 warrant, priced at $0.10 per share for the first 12 months or at a price of $0.20 per share for… Continue reading Falcon Gold $FG TSX.V Closes First Tranche of Private Placement