Sunday, May 20, 2018

Fura Gems Inc. - FURA.v

Fura Gems Inc. - FURA.v is a gemstone mining and marketing company. FURA’s initial focus includes mining ruby assets in Mozambique and emeralds in Colombia.
On May 8, 2018 the company released News

Fura Gems Inc. announces today the discovery of a rare and exceptional 25.97 carat rough emerald at its Coscuez Colombian Emerald Mine located in Boyacá, Colombia. This Colombian Emerald is believed by the Company to be considered rare and exceptional due to its size, colour saturation and clarity. The discovery was made as part of an ongoing bulk sampling program that commenced in late March 2018. The 25.97 carat emerald has been named the “ÄRE Emerald”, named after a figure in ancient Colombian mythology responsible for the creation of the primary sources of emeralds in Colombia’s Boyacá region: the Fura and Tena mountains as well as the Rio Minero River. ​

Friday, May 18, 2018

Rio2 Limited - RIO.v

Rio2 Limited - RIO.v is building a multi-asset, multi-jurisdiction, precious metals company focused in the Americas.

The Cerro Maricunga Oxide Gold Deposit in Chile is one of the largest undeveloped oxide gold deposits in the world. The Cerro Maricunga Deposit hosts proven and probable Reserves of 3.7 million ounces of gold.

On May 14, 2018 the company released News

Rio2 Ltd. and Atacama Pacific Gold Corp. have entered into a definitive arrangement agreement to combine their respective businesses via a court-approved plan of arrangement. The combined company will continue to operate under the name Rio2 and will be managed by Rio2's existing executive team led by Alex Black as president and chief executive officer.

Under the terms of the arrangement agreement, each Atacama Pacific shareholder will receive 0.6601 share of the combined company for each Atacama Pacific common share held and each Rio2 shareholder will receive 0.6667 share of the combined company for each Rio2 common share held. Upon completion of the transaction and the Rio2 financing (described below), the combined company will have approximately 102 million basic common shares outstanding. Approximately 42.5 per cent of the fully diluted in-the-money shares of the combined entity will be held by former Rio2 shareholders and 57.5 per cent held by former Atacama Pacific shareholders. ​

Tuesday, May 15, 2018

Macarthur Minerals Limited - MMS.v

Macarthur Minerals Limited - MMS.v has three iron ore projects in the Yilgarn region of Western Australia. The Company has multiple project areas in the Pilbara, Western Australia for conglomerate gold, hard rock greenstone gold and hard rock lithium.

Macarthur Minerals has lithium brine interests in the Railroad Valley, Nevada, USA.
On April 28, 2018 the company released News

Macarthur Minerals Limited is pleased to provide an update to Shareholders outlining an active first quarter 2018 in the ongoing development of the Company’s iron ore projects and the exploration activities across the lithium, gold and nickel/cobalt projects in Western Australia and Nevada, USA.

Thursday, May 10, 2018

Pacton Gold Inc. - PAC.v

Pacton Gold Inc. - PAC.v is advancing a portfolio of gold properties in Western Australia’s Pilbara Mining Region.
On April 23, 2018 the co released News

Pacton Gold Inc. is pleased to announce that it has entered into an agreement with Sprott Capital Partners to act as lead agent, on its own behalf and, if applicable, on behalf of a syndicate of agents in connection with a marketed private placement of up to 17,400,000 Units of the Company, at a price of $0.23 per Unit, for gross proceeds of up to $4,002,000. Each Unit will consist of one common share of the Company and one transferable common share purchase warrant. Each Warrant will entitle the holder to acquire one Common Share for a period of three years from the date of issue at a price of $0.35.