Tuesday, June 19, 2018

Medgold Resources Corp - MED.v

Medgold Resources Corp - MED.v is focused on advancing early-stage gold-silver projects in Southern Serbia
On June 11, 2018 the company released NEWS

Medgold Resources Corp. and Fortuna Silver Mines Inc. (TSX: FVI) are pleased to announce initial results from the inaugural drill program at its flagship Tlamino Gold Project in southern Serbia. Assays have been received for the first two holes, and have returned broad intersections of near-surface gold and silver mineralization:
o BAR001: 30.82 m of 2.06 g/t Au and 54.7 g/t Ag from 2.38 m to 33.20 m
o BAR002: 34.65 m of 3.11 g/t Au and 27.5 g/t Ag, from 13.35 m to 48.00 m (including 2.00m of 23.88 g/t Au and 340 g/t Ag)

BAR001 is collared approximately 40 m north of the Barje outcrop (which assayed up to 84 m of 5.6 g/t Au and 105 g/t Ag in surface channel samples; see Company news release of July 18, 2017), and was designed to confirm that mineralization extends in a third dimension along a north-northeast axis from the outcrop. BAR002 is collared 290 m north-northeast of the Barje outcrop and was designed as an up-dip step-out from the outcrop and BAR001. Both drill holes successfully intersected significant near-surface mineralization; a summary of assay results is given in Table 1, and hole locations are given in Table 2. The results to date support Medgold’s interpretation of the Barje mineralization as being associated with a flat- lying regional detachment fault.







Monday, June 18, 2018

Arizona Mining Inc.- AZ.t

Arizona Mining Inc.- AZ.t is focused on the exploration and development of its 80% owned Hermosa Project located in Santa Cruz County, Arizona.
On June 18, 2018 the company released News

South32 Ltd. and Arizona Mining Inc. have entered into an agreement for South32 to acquire the remaining 83 per cent of issued and outstanding shares of Arizona Mining via a plan of arrangement, representing a fully financed, all-cash offer of $1.3-billion (U.S.) ($1.8-billion). The offer price of $6.20 per share represents a 50-per-cent premium to the closing price on June 15 and implies a total equity value for Arizona Mining of $1.6-billion (U.S.) ($2.1-billion). Directors and officers of Arizona Mining who own 34 per cent of the common shares on issue have entered into voting support agreements, and the directors of Arizona Mining entitled to vote have unanimously recommended to their shareholders that they vote in favour of the transaction.








http://pennystockjournal.blogspot.com/2016/03/arizona-mining-inc-azt.html

Sunday, June 17, 2018

Tinka Resources Limited - TK.v - Stinka Lotta (Mark Turner)

One of Mark Turner's sterling picks is Tinka Resources Limited - TK.v. Mucho attached to said deal is Sir Spewalot, so much so he unleashed torrents of highly outraged abuse after, gasp, somebody decided to sell, driving it down to sub $ .50. Instantly wonder boy called a heinous conspiracy and a massive large, wicked aresome 'buying opportunity'. Naturally, very, the paper continues it's downward spiral and today there is news of a bought deal financing at rock bottom.

Unknown who it is, precisely, who's taking the dead chitty advice of Mr. Mark Turner. This example is hardly unique. Another Turner road apple gem is total lost cause Red Eagle Mining. R.v. This is apparently all about zinc, and that means if you have zero understanding of zinc you best leave this chit alone. Apparently Mr. Turner is an 'expert' at anything he sets his mind to.
Tinka Resources Ltd. - TK.v is advancing the Colquipucro and Ayawilca projects located 40 km northwest of Cerro de Pasco in Central Peru.

Ayawilca is a large zinc sulphide project while Colquipucro is a silver oxide deposit.

See ----->http://pennystockjournal.blogspot.ca/2016/05/tinka-resources-ltd-tkv.html

Wednesday, June 13, 2018

Power Ore - PORE.v

Power Ore - PORE.v is advancing two assets: the previously producing Mann silver-cobalt mine, and the MacMurchy nickel property, both located in Cobalt, Ontario.
On June 13, 2018 the company released NEWS

Power Ore is pleased to announce that it has posted its first Investor Webinar on PowerOre.com. The webinar presents Power Ore’s vision to capitalize on the battery metals sector specific to electric vehicles, via advanced stage cobalt and nickel projects in Canada.






Thursday, June 7, 2018

Chakana Copper Corp. - PERU

Chakana Copper Corp. - PERU is a minerals exploration company and through its wholly owned Peruvian subsidiary, Chakana Resources S.A.C., is currently advancing the Soledad project near Aija, in the Ancash region of Peru.
On May 28, 2018 the company released NEWS

Chakana Copper drills 119.4 m of 3.86% CuEq at Soledad

Chakana Copper Corp. has released assays from five additional holes in breccia pipe 1 (Bx 1) at its Soledad copper-gold-silver project in central Peru, optioned from Condor Resources Inc. The Soledad project is located 35 kilometres south of the Pierina mine in the prolific Miocene metallogenic belt of Peru. These results are a successful continuation of the drilling program that was initiated Aug. 16, 2017, with the results of the first 36 drill holes released previously (see the company's website). This phase 1 drilling program is continuing with a total of 14,700 metres in 55 holes drilled to date out of an original planned program of 16,660 m and is ahead of schedule and under budget.