Rio Tinto Exploration Canada Inc. (”RTECI” or “Rio Tinto”) has informed Pistol Bay that is continuing with its exploration program on the 2,500-acre (1016 hectares) C5 uranium property in the Athabasca Basin, northern Saskatchewan. Rio Tinto intends to drill between 4 and 6 diamond drill holes for a program total of approximately 2,600 metres, targeting… Continue reading Rio Tinto to Drill on @PistolBayMining ‘s C-5 #Uranium #Property, #Saskatchewan
Tag: program
@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
#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
#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
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 $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