Friday, April 29, 2016

Barsele Minerals Corp. - BME.v

Barsele Minerals Corp. - BME.v is advancing the flagship Barsele Gold Project in Sweden.

A NI 43-101 estimates an indicated resource of 14.1 million tonnes grading 1.21 gold grams per tonne (g/t) or 547,000 contained ounces of gold.

On April 13, 2016 the company released News

" Barsele Minerals Corp. -- (TSX-V: BME) ("Barsele") is pleased to report a second operational progress update for the current exploration program within the Barsele Au-VMS Project area in Västerbottens Län, northern Sweden. The exploration program is being operated by joint venture partner Agnico Eagle Mines Limited. -- (TSX, NYSE: AEM) ("Agnico Eagle"). Ownership in the project is 55% Agnico Eagle and 45% Barsele.

During February 2016, diamond drilling totalling 1,861.7 m was completed in the mid to eastern Central Zone around the existing gold resource area and to the east-southeast along the trend of the Skiråsen Zone to the boundary of the exploitation concession. Since early October 2015, 12,848 metres have been drilled. A total of 1,631 samples were sent to the laboratory during February and 3,998 assay results were received. Gold assay values exceeding 20 g/t have been top-capped at 20 g/t.

Highlights of the latest exploration drill results include 3 intercepts in the Skiråsen Zone, with hole SKI 15001 of 61 metres core length (estimated 45.75 metres true thickness) grading 1.61 g/t gold, plus hole SKI 16001 of 20 metres core length (estimated 15 metres true thickness) grading 3.23 g/t gold and further down hole, 36.1 metres core length (estimated 27.1 metres true thickness) grading 2.40 g/t gold. These drill intercepts are located between 650 and 750 metres southeast of the core of the Central Zone deposit.

Highlights of the Barsele 2015-2016 Drilling Program to Date

Barsele 2015-2016 Drilling Program (to February 29, 2016)
Core Length
True Thickness
at 20 g/t
Au (g/t)
CNT 15001209.40214.004.603.4514.655.47
CNT 15005291.00310.0019.0014.251.041.04
CNT 15010494.00589.0095.0071.250.880.88
CNT 15011364.00387.0023.0017.251.141.14
CNT 15015231.00261.0030.0022.501.001.00
CNT 15017211.00219.
  Assays pending forCNT 15017  
SKI 1500179.0084.005.003.751.791.79
SKI 16001101.00108.

Tuesday, April 26, 2016

Dalradian Resources Inc. - DNA.t

Dalradian Resources Inc. - DNA.t is focused on advancing the flagship Curraghinalt gold deposit in Northern Ireland.

Curraghinalt is a high-grade, low capex lode gold deposit with mineralization open along strike, across strike and down dip.

On April 12, 2016 the company released News

Dalradian Resources Inc. (TSX:DNA) (AIM:DALR) ("Dalradian" or the "Company") announces results from 39 drill holes from the infill drill program at the Curraghinalt gold deposit in Northern Ireland. Infill drilling was completed in February and this is the final release of results from the 51,479-metre program.
--  1.44 m of 100.66 g/t gold from the Sheep Dip vein in hole 16-CT-355
--  1.02 m of 73.61 g/t gold from the No. 1 vein in hole 16-CT-341
--  1.06 m of 66.43  g/t gold from the Grizzly vein in hole 16-CT-343
--  0.67 m of 112.45 g/t gold from the T17 vein in hole 16-CT-366
--  0.65 m of 80.58 g/t gold from the Sperrin vein in hole 16-CT-342
--  1.20 m of 39.08 g/t from the V55 vein in hole 16-CT-361
--  0.80 m of 44.75 g/t from the Road vein in hole 16-CT-365

Patrick F.N. Anderson, Dalradian's Chairman and CEO, commented:
"We are ending our infill drill program at Curraghinalt with a final batch of high grade results. Work has been ongoing and is nearing completion on a resource update to reflect the 50,000 additional metres we have drilled since our last resource, which was based on 80,000 metres of drilling. The resource update is just one of many inputs into our feasibility study, which will outline the economics of an underground mine at Curraghinalt. Other work that is ongoing and will feed into the feasibility study includes vein sampling, test stoping, mine planning and some additional metallurgical testing. These other inputs will help to determine both the anticipated diluted grade of ore that will enter the mill and the expected gold recovery of that material."

Sunday, April 17, 2016

Oban Mining Corporation - OBM.t

Oban Mining Corporation - OBM.t is advancing the flagship Windfall Lake gold deposit. The high-grade Windfall Lake gold deposit is located between Val-d'Or and Chibougamau in Québec, Canada.

On April 14, 2016 the company released News

"Oban Mining Corporation(OBM:TSX, "Oban" or the "Corporation") is pleased to announce new results from the ongoing drill program at its 100% owned Windfall Lake gold project located in Urban Barry Township, Québec. The 55,000 metre drill program combines definition drilling above the Red Dog intrusion ("Red Dog") and expansion drilling above and below Red Dog.

Highlights from 9 new drill holes include: 24.7 g/t Au over 6.8 metres in the extension of DDH EAG-11-254; 5.21 g/t Au over 11.2 metres in DDH OBM-16-609; 18.9 g/t Au over 2.4 metres in DDH OBM-16-616; 6.94 g/t Au over 5.7 metres in DDH OBM-16-617; and 11.2 g/t Au over 3.4 metres in DDH OBM-16-614. The new results continue to demonstrate the lateral and vertical continuity of high grade gold mineralization in Zone 27 and highlights additional new gold mineralization below Red Dog. The table below outlines significant new results(1)(2):
EAG-11-254 ext684.1690.96.824.7(3)FW3
OBM-16-605320.0322.02.03.64Caribou Zone
OBM-16-609426.5437.711.25.21Zone 27
OBM-16-61187. Zone 27
 177.6182.04.43.44Zone 27
OBM-16-613151.0153.22.24.83Caribou Zone
 157.8160.02.24.43Footwall Caribou Zone
OBM-16-6141026.81030.23.411.2New zone between FW1 and FW3
OBM-15-61554.557.02.54.35Zone 27
OBM-16-61744.350.05.76.94Zone 27
         (1) For complete drilling results please see
         (2) True widths are estimated at 65-80% of the reported core length interval. See "Quality Control" below.
         (3) High grade values cut to 100 g/t Au.

Thursday, April 7, 2016

Avalon Advanced Materials Inc. - AVL.t

Avalon Advanced Materials Inc. - AVL.t (formerly Avalon Rare Metals) is advancing the flagship Separation Rapids Lithium Project near Kenora, Ontario and the East Kemptville Tin-Indium Project in Yarmouth, Nova Scotia.

On April 5, 2016 the company released News

Avalon Advanced Materials Inc. is pleased to provide a progress report on process development work for its Separation Rapids Lithium Project, Kenora Ontario (the "Project"). Pilot processing of a bulk sample of the ore has successfully produced one tonne of high purity lithium mineral concentrate (petalite) that meets target specifications. Approximately 300kg will be used for further process development work toward defining a flowsheet for production of a high purity lithium chemical for battery applications. Preliminary work is already underway and scheduled for completion in June, 2016 with further piloting of the process planned for later in 2016. The remainder of the concentrate will be shipped to potential customers in the glass industry who have requested product samples for evaluation in glass-ceramic applications.

The bulk sample pilot plant was conducted at metallurgical facilities in Germany under the direction of Dorfner Anzaplan GmbH, Germany ("Anzaplan"), a specialist in industrial minerals process development. The flow sheet employs magnetic separation and froth flotation processes that are a significant improvement on the process originally developed and patented by Avalon in 1998-99 to produce a petalite concentrate for glass-ceramics. The concentrate produced meets customer expectations on lithium content and purity, assaying 4.0% Li2O and less than 0.01% Fe2O3. The work was supervised by Avalon's Senior Vice President, Metallurgy and Technology Development, Mr. David Marsh.

The lithium chemical process development work will test a hydrometallurgical flowsheet conceived by Avalon for the production of battery grade lithium hydroxide, (the product now preferred by many battery manufacturers) directly from petalite. The proposed process results in efficient use of reagents through re-cycling and generates minimal waste material. The results from this work will be used to generate a Preliminary Economic Assessment ("PEA") scheduled for completion this summer. The ability to produce battery grade lithium carbonate was previously demonstrated during initial testwork carried out in 2015 (See the Company's News Release dated October 8, 2015 (