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
Tag: mining
#PistolBayMining $PST Retains MPH Consulting Limited to Review Historical Data
#PistolBayMining (TSX.V-PST) has retained MPH Consulting to carry out a review of all historical geophysical surveys on the Dixie zinc-copper-silver projects, in preparation for a planned fall diamond drill program. The Dixie projects are in the Confederation Lake greenstone belt, 35 km southeast of Red Lake, Ontario. the Confederation Lake belt is known for its… Continue reading #PistolBayMining $PST Retains MPH Consulting Limited to Review Historical Data
#PistolBayMining $PST Commences Field Work – Receives #Exploration #Permit for #Drilling on #Dixie #Projects #RedLake #Ontario
Pistol Bay Mining (TSX.V-PST) (#Frankfurt OQS2) is commencing a program of field work on its zinc-rich base metal projects (the “Dixie Projects”) in the Confederation Lake greenstone belt, southeast of Red Lake in northwestern Ontario. Pistol Bay has received an Early Exploration Permit which is valid for three years and allows diamond drilling and mechanized… Continue reading #PistolBayMining $PST Commences Field Work – Receives #Exploration #Permit for #Drilling on #Dixie #Projects #RedLake #Ontario
#PistolBayMining $PST Options Additional #Claims in #RedLake, #Ontario
Pistol Bay (TSX.V-PST) has executed an option agreement to acquire a 100% interest in additional zinc-copper claims located in the Red Lake, Ontario region. The Dixie 3 property is 640 ha, 45 km southeast of Red Lake and accessible by all-weather forestry access roads. The property is 8 km of the company’s Dixie 17, 18,… Continue reading #PistolBayMining $PST Options Additional #Claims in #RedLake, #Ontario
#Renforth #Resources $RFR Completes New Alger #Purchase
#RenforthResources $RFR has completed the New Alger #joint #venture, resulting in Renforth assuming 100% ownership of the New Alger mining concession, subject to a 2% NSR. New Alger hosts an inferred gold resource of 237,000 ozs of gold located above a depth of 200m in the area of the former Thompson-Cadillac mine. The Thompson-Cadillac mine… Continue reading #Renforth #Resources $RFR Completes New Alger #Purchase
#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
Grizzly $GZD $GZDIF Closes 1st Tranche of Private Placement of Units
Grizzly Discoveries (TSX.V-GZD) (OTCBB-GZDIF) has closed the first tranche of their private placement issuing 2,794,680 units at a price of $0.05 per unit for gross proceeds of $139,734. Each unit consists of one common share and one non-transferable warrant. Each warrant entitles the holder to acquire one additional shares at an exercise price of $0.075… Continue reading Grizzly $GZD $GZDIF Closes 1st Tranche of Private Placement of Units
#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 Retains GoldMinds Geoservices for a #Mineral #Resource Update on its Barry #Gold #Project #Quebec
Given the advantageous gold price in Canadian Dollar, Metanor is evaluating the merit of resuming work at the Barry project and has retained GoldMinds Geoservices Inc. to provide a mineral resource update on this gold project. The study will include validation drilling of the high-grade zones and the extensions of certain mineralized zones, for eventual… Continue reading Metanor $MTO Retains GoldMinds Geoservices for a #Mineral #Resource Update on its Barry #Gold #Project #Quebec