The orientation of the survey was optimized to cover the interpreted E-W orientated Marr Lake Intrusive, as well as to cover any other structural features that may control the potential emplacement of other similar types of intrusions and rare-element pegmatites that are a second deposit type being explored for on the Marr Lake PGE-Cu-Ni Property. The survey was successful in mapping the magnetic properties of the Marr Lake Intrusive, part of a series of mafic, ultramafic, and alkaline stocks and sills known as the Quetico Intrusions which are known to host PGE-Cu-Ni mineralization. The geophysical survey outlined an elongated east-west magnetic anomaly that mostly falls under the waters of Marr Lake which corresponds with the interpreted outline of the ultramafic intrusive. Samples collected from the Marr Lake Intrusive were pyroxenite in composition and contained trace to 3% interstitial sulphides consisting of pyrite, chalcopyrite, and pyrrhotite. The 3D geophysical inversion will give Conquest a better understanding of the extent and orientation of the Marr Lake Intrusive, along with any feeder dykes related to the intrusive which will also make attractive exploration targets.
The Eureka (Ruby Hill) Mining District has a history of high-grade polymetallic CRD production that began in the 1860's and spanned a period of more than one hundred years. The Hilltop discovery opens up a structural corridor measuring greater than 1.5 km between the Archimedes pit and the original Ruby Hill Mine (see Figure 2), which was previously underexplored due to post-mineral alluvial cover. The current program at Ruby Hill is one of several drill programs on i-80 projects in 2022 that are collectively budgeted to comprise more than 50,000 metres. Overlimit samples of Ag, Pb, and Zn are analyzed by ore-grade methods comprising HF-HNO3-HClO4 Digest, HCl leach and ICP-AES. www.i80gold.comCertain statements in this release constitute "forward-looking statements" or "forward-looking information" within the meaning of applicable securities laws, including but not limited to, the expansion or mineral resources at Ruby Hill and the potential of the Ruby Hill project and the growth potential of i-80's growth profile.2 months ago Junior Mining Network
Vancouver, British Columbia--(Newsfile Corp. - October 20, 2022) - Spanish Mountain Gold Ltd. (TSXV: SPA) (the "Company") is pleased to announce the appointments of Peter Mah and Richard Orazietti to the Board of Directors. About Spanish Mountain GoldSpanish Mountain Gold Ltd. is focused on advancing its 100%-owned Spanish Mountain gold project in southern central British Columbia. Details on the Project and the Company are available on www.sedar.com and on the Company's website: www.spanishmountaingold.comBoard of Directors,SPANISH MOUNTAIN GOLD LTD. Inquiries:Spanish Mountain Gold Ltd. For the reasons set forth above, investors should not place undue reliance on forward-looking statements and information.3 months ago Junior Mining Network
MONTREAL, Oct. 27, 2022 (GLOBE NEWSWIRE) -- Geomega Resources Inc. (“Geomega” or the “Corporation”) (TSX.V: GMA) announces that shareholders have approved all resolutions put forth at the Annual Meeting of Shareholders (the “Annual Meeting”) held in Montreal, Quebec, on Wednesday, October 26, 2022. About Geomega (www.geomega.ca)Geomega develops innovative technologies for extraction and separation of rare earth elements and other critical metals essential for a sustainable future. This news release contains statements that may constitute “forward-looking information” or “forward-looking statements” within the meaning of applicable Canadian securities legislation. Forward-looking information and statements may include, among others, statements regarding future plans, costs, objectives or performance of the Corporation, or the assumptions underlying any of the foregoing. In this news release, words such as “may”, “would”, “could”, “will”, “likely”, “believe”, “expect”, “anticipate”, “intend”, “plan”, “estimate” “target” and similar words and the negative form thereof are used to identify forward-looking statements.3 months ago Junior Mining Network
VANCOUVER, British Columbia, Jan. 05, 2023 (GLOBE NEWSWIRE) -- Rio2 Limited ("Rio2" or the "Company") (TSXV: RIO; OTCQX: RIOFF; BVL: RIO) announces that the Company has entered into shares for services agreements (collectively, the "Shares for Services Agreements") with certain directors, employees, and consultants. Alex Black, Klaus Zeitler, Andrew Cox, Ram Ramachandran, Sidney Robinson, Drago Kisic and Albrecht Schneider, are currently directors of the Company. Each issuance of common shares to such directors constitutes a "related party transaction" within the meaning of Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"). Forward-looking statements contained in this press release may include statements regarding the timing and pricing of the common share issuances. Actual results and outcomes may differ materially from what is expressed or forecasted in these forward-looking statements.1 month ago Junior Mining Network
TORONTO, Oct. 25, 2022 (GLOBE NEWSWIRE) -- Copper Lake Resources Ltd. (TSX-V: CPL, Frankfurt: W0I, OTC: WTCZF) ("Copper Lake" or the "Company") is pleased to announce the results from the Annual General and Special Meeting of Shareholders (“AGM”), the appointment of a new CFO, and the granting of options. ABOUT COPPER LAKE RESOURCESCopper Lake Resources Ltd. is a publicly traded Canadian mineral exploration and development company with interests in two projects both located in Ontario. Copper Lake has a 79.45% interest in the joint ventured property, which consists of 233 claims and 52 mining leases. In addition to the original Marshall Lake property above, Marshall Lake also includes the Sollas Lake and Summit Lake properties, wholly owned by the Company and not subject to any royalties. On behalf of the Board of Directors,Copper Lake Resources Ltd.Terry MacDonald, CEO(416) 561-3626This email address is being protected from spambots.3 months ago Junior Mining Network
VANCOUVER, BC / ACCESSWIRE / October 24, 2022 / CMC Metals Ltd. (TSX-V:CMB) (Frankfurt:ZM5P) (CMCXF:OTCQB) ("CMC" or the "Company") is pleased to announce that its common shares are now eligible for electronic clearing and settlement through the Depository Trust Company (DTC) in the United States. The DTC is a subsidiary of the Depository Trust & Clearing Corp. that manages the electronic clearing and settlement of publicly traded companies. About CMC Metals Ltd.CMC Metals Ltd. is a growth stage exploration company focused on opportunities for high grade polymetallic deposits in Yukon, British Columbia and Newfoundland. Forward-looking statements address future events and conditions and are necessarily based upon a number of estimates and assumptions. Investors are cautioned that forward-looking statements are not guarantees of future performance or events and, accordingly are cautioned not to put undue reliance on forward-looking statements due to the inherent uncertainty of such statements.3 months ago Junior Mining Network
November 23, 2022 – TheNewswire - TORONTO, ON – Star Royalties Ltd. (“Star Royalties”, or the “Company”) (TSXV:STRR), (OTC:STRFF) is pleased to report its financial results for the quarter ended September 30, 2022. Continued farmer enrollment into Green Star Royalties Ltd.’s (“Green Star”) expanded flagship regenerative agriculture carbon farming program. Alex Pernin, Chief Executive Officer of Star Royalties, commented: “The third quarter of 2022 represented meaningful progress across the Company. Star Royalties continues to use its existing management and infrastructure to grow Green Star at minimal cost as a private majority-owned joint venture. +1 647 801 3549 +1 647 287 3846About Star Royalties Ltd.Star Royalties Ltd. is a precious metals and carbon credit royalty and streaming company.2 months ago Junior Mining Network