Friday, May 26, 2017

Tsodilo Resources Limited - TSD.v

Tsodilo Resources Limited - TSD.v is a diamond, base and precious metal exploration company focused on northwest Botswana.
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On May 25, 2017 the company released NEWS

Tsodilo Resources Limited ("Tsodilo" or the "Company") (TSX-Venture Exchange: (TSD) is pleased to announce that its Botswana subsidiary, Bosoto (Pty) Ltd., has been granted prospecting license PL217/2016 in the Orapa Kimberlite Field ("OKF") in Botswana.

PL217/2016 is located within the OKF in Botswana. The diamond mines in Botswana have produced an average of 27 million carats annually in the last 10 years and Botswana is the world's largest producer of diamonds by value. In 2016, the OKF area produced 8.85 million carats. Of the 83 known kimberlite bodies in the OKF, eleven have been or are currently being mined.








http://pennystockjournal.blogspot.com/2017/05/tsodilo-resources-limited-tsdv.html

Thursday, May 25, 2017

SolGold PLC - AIM: SOLG.l

SolGold PLC - AIM: SOLG.l carries a diverse portfolio of exploration projects in Ecuador, Solomon Islands and Australia.

SolGold has been focused on the Andean Copper Belt in Northern Ecuador since 2012. The Cascabel Project is SolGold's flagship project.
On January 4, 2017 the company released News

The Board of SolGold (AIM code: SOLG) is pleased to provide the following exploration update for the Company's Cascabel copper-gold porphyry project in Ecuador.
HIGHLIGHTS:

Hole 19 intersects over 800m of significant copper mineralisation from 325.6m to current depth 1161.5m, including a more intensely mineralised section from 545.9m.
Bornite (or 'peacock ore', a copper rich sulphide mineral containing 63% copper, prized in commercial copper concentrates) and molybdenite are present in the mineralised section of hole 19. Up to 2.0% bornite and 4.3% chalcopyrite (35% copper) has been visually logged over selected short intervals.









http://pennystockjournal.blogspot.com/2016/10/solgold-plc-aim-solgl.html

Wednesday, May 24, 2017

Five Star Diamonds Limited - STAR.v

Five Star Diamonds Limited - STAR.v controls a dominant position in the Brazilian diamond sector with 100% ownership of 23 project groupings across 72 licenses and applications covering a total area of 123,667 hectares.
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On June 17, 2017 the company released NEWS

Five Star Diamonds Limited (TSXV: STAR) (the “Company” or “Five Star Diamonds”) is very pleased to provide the following update on its 100% owned Verissimo Diamond Project (the “ Verissimo Project” or “the Project”) in Goias State, Brazil.






http://pennystockjournal.blogspot.com/2017/05/five-star-diamonds-limited-starv.html

Tuesday, May 23, 2017

Copper in Florence Arizona - Taseko

Teseko - TKO.t ($ 1.78) has been trying for 6 years to obtain an aquifer permit for an in-situ copper recovery (ISCR) operation. Used mainly for uranium extraction, the company has long touted ... "where a mixture of 99.5 percent water and 0.5 percent sulfuric acid dissolves copper into the bedrock. Then the copper solution is pumped to the surface and processed into copper cathode sheets. The pH of the water and sulfuric acid solution is similar to that of “common household vinegar.”

This is only half correct. The company plans on recycling the raffinate, meaning the solution grows in concentration with each and every pass through the rock. When eventually processed it will be much more than "household vinegar".
From 1996 to 1998, the BHP Copper company developed the project on what is now part of Florence Copper’s site. They conducted a 90-day pilot test to see if the in-situ method worked on the site. Stacy Gramazio, Florence Copper’s manager of communications and public affairs, says that that test was successful.

And that is a dead deliberate lie. Even after being rinsed for over 22 months after a 90 day test more than 20 years ago, those holes still are still reporting unacceptable 'exceedances'. And the reason? Almost certainly because the copper ore is very highly radiometric ... so radiometric that they are the highest levels found anywhere in Arizona.
Bottom line? It was scientifically proven that the ISCR process WOULD leach highly radioactive contamination into the groundwater. (In fact every ISCR ever constructed has corrupted ground water) Has that stopped Taseko and their mindless paid minions?

There is NOTHING comparable to the extremely high concentrations of radiochemicals at the Florence Copper project. (Table 18 page 49)
 Sample quartz monzonite Leach Test

Gross Alpha
8649
Gross Beta
3683
Total-U
4362
U-234
1745
U-235
598
U-238
1611
Ra-226
33.6
Ra-228
Less 2
Rn-222
810



The take it to the bank, black and white conclusion of the experts at the EPA and ADEQ? " data indicate that the PLS produced from the Magma Florence in-situ projects contain very high levels of radionuclides and that they are leachable."

Northern Vertex Mining Corp. - NEE.v

Northern Vertex Mining Corp. - NEE.v is focused on the reactivation of the Moss Mine Gold-Silver Project located in NW Arizona.

The Company is earning into a 70% property interest Joint Venture Option Agreement with Patriot Gold.
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On May 15, 2017 the company released NEWS

Northern Vertex Mining Corp. (TSX.V:NEE) (OTC:NHVCF) (the “Company” or “Northern Vertex”) is pleased to provide an update on it’s Mine Optimization Plan announced February 23rd, 2017 for the Moss Gold and Silver Mine (the “Project”) located in N.W. Arizona. Subsequent to receiving all necessary permits to commence commercial production, the Company continues to improve the economics and environmental footprint of the Project by moving forward on the proposed construction of a powerline to the mine site as well as the sale and distribution of aggregates derived from mine waste rock.






http://pennystockjournal.blogspot.com/2016/05/northern-vertex-mining-corp-neev.html