Wednesday, August 7, 2019

Pure Gold Mining Inc. - PGM.v

Pure Gold Mining Inc. - PGM.v is advancing the Madsen Mine.

The Madsen Mine produced more than 2.4m ounces, making it the second-largest historic Red Lake gold producer. Resources are 1,744,000 ozs at 8.7 g/t Gold in 6.24 Mt Indicated and 296,000 ozs at 7.9 g/t Gold in 1.16 Mt Inferred.
On Aug 7, 2019 the company released News

Pure Gold Secures US$90 Million Construction Finance Package And Announces Construction Decision For Madsen Red Lake Mine

Pure Gold Mining Inc. is pleased to announce closing of a US$90 million project financing package with Sprott Resource Lending Corp. The Financing will fully fund the costs to develop an underground mine at Pure Gold’s Madsen Gold Project. The Financing is comprised of a credit facility for US$65 million, and a US$25 million callable gold stream.

Saturday, August 3, 2019

First Vanadium Corp - FVAN.v

First Vanadium Corp - FVAN.v is advancing the flagship Carlin Vanadium Project. The Carlin Vanadium Project contains one of North America’s largest, richest known primary deposits of vanadium.

First Vanadium also owns 100% of the West Jerome property.

On March 19, 2019 the co released News

First Vanadium Corp. has more than doubled the size of its Carlin vanadium property from 1,331 acres to 3,177 acres. The Company has staked and filed with the Bureau of Land Management (BLM) 1,846 acres of unpatented lode claims over Federal lands adjacent to and proximal to the original core claims.
On February 27, 2019 the co released News

First Vanadium Corp. Announces Maiden Mineral Resource Estimate at Carlin Vanadium Project, Nevada

First Vanadium Corp. is pleased to announce that SRK Consulting (U.S.), Inc. ("SRK") has completed an independent National Instrument 43-101 ("NI 43-101") compliant mineral resource estimate (Table 1) on the Carlin Vanadium deposit located 6 miles south of Elko, Nevada. The mineral resource estimate replaces the 2010 SRK historic mineral resource estimate.
Table 1. Carlin Vanadium Mineral Resource Statement at 0.3% V2O5 Cut-off grade (CoG) (Effective Feb. 1, 2019)
(% V
(% V
2O5 )
(in millions)
V2O5 lb
(in millions)


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