Monday, February 11, 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 February 11, 2019 the company released News

Pure Gold's Madsen FS pegs NPV at $247-million

Pure Gold Mining Inc. has released results of an independent feasibility study (FS) on its 100-per-cent-owned Madsen gold project in the Red Lake mining district of Ontario, Canada.
On November 28, 2019 the company released News

Pure Gold Test Mining Returns an Estimated 56% More Gold Than Predicted From Resource Model

Pure Gold Mining Inc. is pleased to report that test mining at Madsen has now completed with a total of 7,096 tonnes of mineralized material extracted from three distinct stoping areas. Test mining has been extremely successful in highlighting the strong visual nature of the mineralization, demonstrating excellent ground conditions, and confirming the geologic model that underpins the mine plan for the ongoing definitive feasibility study. Results have exceeded expectations, with tonnes, grade and mining width greater than predicted from the resource model. Overall, an average grade of 10.2 g/t gold was returned from 1,555 muck samples collected during mining of the bulk sample. The average grade of 10.2 g/t gold is a capped, diluted mined grade, which comprises all muck samples from 70 rounds of freshly blasted rock, each of which averaged above a cut-off of 4.0 g/t gold.

Thursday, January 31, 2019

Cornerstone Capital Resources Inc. - CGP.v

Cornerstone Capital Resources Inc. - CGP.v is focused on advancing exploration on a diversified portfolio of gold, silver and copper projects in Ecuador and Chile. The company owns an interest in the Cascabel gold-enriched copper porphyry joint venture in north west Ecuador.
On January 31, 2019 the company released NEWS

Cornerstone Capital Resources Inc. notes the press release of SolGold plc issued on January 31, 2019 that announces their intention to commence an offer to acquire all of the issued and outstanding common shares of Cornerstone. Despite SolGold not intending to make a formal offer before the end of February, Cornerstone has been advised by shareholders that collectively own over 50% of the outstanding shares of the Company that they will not support the terms of the proposed offer announced by SolGold. Given that the Canadian takeover rules require the majority of the outstanding shares (excluding shares held by SolGold) be tendered to a formal offer before any shares can be taken up, SolGold's proposed offer, if formalized, is incapable of being completed.

Tuesday, January 22, 2019

Venture - TSE widgets


Friday, January 18, 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 January 17, 2019 the co released News

First Vanadium drills 41.15 m of 0.84% V2O5 at Carlin.

First Vanadium Corp. has released results from an additional 17 confirmation drill holes from within and along a 1,220-metre corridor of mineralization at its Carlin vanadium project located six miles south of Carlin, Nevada. The average grade of these 17 holes is 0.54 per cent V2O5. The average estimated true thickness is 33.7 m (110 ft). The highlights of the 17 holes are shown in the attached table.

Click to enlarge

Wednesday, January 16, 2019

Pelangio Exploration Inc. - PX.v

Pelangio Exploration Inc. - PX.v operates in both Ontario and Ghana, West Africa. The company is advancing the Birch Lake Property located adjacent to First Mining's Springpole Gold Project and the Obuasi Property, adjacent to AngloGold Ashanti's Obuasi Mine.

On January 11, 2019 the company released News
Pelangio Announces Extension of Private Placement Financing

Pelangio Exploration Inc. announces that further to press releases dated November 12, 2018 and December 18, 2018, its previously announced private placement (the "Private Placement") of up to $675,000 is expected to be oversubscribed. To facilitate the additional demand, the Company has received approval from the TSX Venture Exchange for an extension of the duration of the Private Placement to February 11, 2019 and to increase the size of the Private Placement to up to $750,000.