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Junior Mining

Hannan Appoints Dr. Quinton Hennigh to its Geological Advisory Team


Press Release

Hannan Metals 

(TSX.V: HAN | OTC: HANNF)

Michael Hudson, Chairman and CEO commented, “We are delighted to have Quinton join the Hannan team, and that he shares our belief of the exceptional potential of the San Martin project.  His experience and global discovery record will greatly support our team, as we work towards a large-scale copper-silver discovery in Peru.”

Hannan Metals Limited

Tel: +1 (604) 699 0202 | Email: info@hannanmetals.com

 


Categories
Junior Mining

Novo Acquires Stake in ASX-Listed Kalamazoo Resources Limited


Press Release

Novo Resources

(TSX.V: NVO | OTCQX: NSRPF)

“Novo’s main operational focus remains conglomerate gold in the Pilbara,” commented Dr. Quinton Hennigh, Chairman and President of Novo Resources. “Our success there underpins our overall strategy as a gold exploration company, to move toward becoming a significant gold producer. A few years ago, I had the honor of advising Eric Sprott and later, Kirkland Lake Gold, regarding geology and exploration potential of the high-grade Fosterville deposit in Victoria State, Australia, unquestionably one of the most successful high-grade discoveries in recent times. Here at Novo, we have kept our eye on the various exploration companies operating in the Victoria region around Fosterville. When we reviewed Kalamazoo’s recent drill results, we came to the conclusion that this high–grade mineralization displays many of the same characteristics as high-grade at Fosterville. Our stake in Kalamazoo will give our shareholders meaningful exposure to what could be a significant new discovery, one that may become more meaningful to Novo as it advances its own properties.”

Investor Relations:

Leo Karabelas, VP of Corporate Communications
Telephone: (416) 543-3120
E-mail: leo@novoresources.com


Categories
Junior Mining

Prime Mining Reports Stantec Consulting Ltd. Retained To Complete Resource Estimate For Los Reyes Gold Mine


Press Release

PRIME MINING

(TSX.V: PRYM)

Prime Mining continues to meet and or exceed Market expectations in its pursuit to go into production in 2 years.  Today’s press release is another example of management’s commitment.

www.primeminingcorp.ca

For direct inquiries, contact Jeremy Ross at 604-428-6128.

Jeremy@PrimeMiningCorp.ca


Categories
Base Metals Energy Junior Mining

Group Eleven Identifies Anomalous Palladium, Nickel and Cobalt at Ballinalack Zinc Project, Ireland


Press Release

Group Eleven Resources

(TSX.V: ZNG | OTC: GRLVF)

Highlights:

  • G11-1344-03 intersected 1.95 meters of 0.403 g/t 4E (platinum, palladium, rhodium and gold) and 0.24% copper, including 0.95 metres of 0.561 g/t 4E, 0.33% copper and 0.11% nickel;
  • From the above, a grab-sample isolating sulphide-rich core (over 14 cm) returned 0.872 g/t 4E0.56% copper and 0.25% nickel;
  • Another grab-sample of sulphide-rich core (over 5 cm) returned 1.08% nickel, 0.32% copper, 1105 ppm cobalt and 0.139 g/t 4E;
  • G11-1344-04 intersected 0.60 metres of 0.33% nickel, 0.23% copper, 474 ppm cobalt and 0.214 g/t 4E;
  • Re-sampling historic hole TC-1344-039 returned 2.30 metres of 0.216 g/t 4E, 0.19% copper, 0.18% nickel, 203 ppm cobalt, including 0.30 metres of 0.528 g/t 4E, 0.43% nickel, 0.37% copper and 494 ppm cobalt;
  • Above three holes pierce the dyke over a strike-length of over 400 metres near the Ballinalack zinc deposit1; dyke appears to extend over at least 3 km by 7 km, based on drilling and seismic data;
  • Group Eleven suspects the above intercepts may represent ‘rip-up’ clasts from a larger sulphide body, which may be a key exploration target in the future;

“The above results were unexpected and a bit out of left field, given our exploration efforts were fully geared towards zinc,” stated Bart Jaworski, CEO. “Despite being a surprise, these anomalous PGM results certainly add to the Ballinalack story. We intend to do more work on PGMs in the future as we remain focussed on exploring for zinc and expanding the existing Ballinalack zinc deposit1.”

Investor Relations
Spiros Cacos, MA
Vice President, Investor Relations
T +1 604 630 8839 Ext. 503
s.cacos@groupelevenresources.com


Categories
Junior Mining

Calibre Mining Reports Q4 2019 Gold Production; Delivers Operating Results In-Line with Guidance


Press Release

Calibre Mining

(TSX: CBX | OTC: CXBMF)

Russell Ball, CEO of Calibre stated: “Our fourth quarter of 2019 was transformative as we transitioned the Company to a multi-asset producer, while successfully delivering on our production guidance.  As we begin 2020, we look to continue delivering quality, high-margin gold production, driven by increased, high-grade, open-pit ore being mined at Limon Central.  In addition, our discovery drilling and resource expansion programs will ramp up significantly as we expect to have six drill rigs turning by the end of January, with four focused at La Libertad.  In my opinion, the extension of mine life at La Libertad represents the most compelling near-term, value creation opportunity for Calibre.”

INVESTOR RELATIONS:

RYAN KING

Tel: 604-681-9944
Cell: 778.998.3700
Email: calibre@calibremining.com


Categories
Junior Mining

Explorer Continues Defining ‘World-Class Alkaline Gold System’ in Fiji


Musing

Lion One Metals 

(TSX.V: LIO | OTCQX: LOMLF)

About Lion One Metals
Lion One Metals Limited is a Canadian exploration and development company focused on advancing its 100% owned and fully permitted Tuvatu Gold Project towards production. Lion One envisions a low-cost high-grade underground gold mining operation with district-scale exploration upside, located near the Nadi International Airport on the island of Viti Levu in the South Pacific island nation of Fiji.

LION ONE METALS

T: 604.998.1250
E: info@liononemetals.com


Categories
Blog Junior Mining

TriStar Approaches Major Milestones in 2020


Press Release

Tristar Gold

(TSX.V: TSG | OTCQB:TSGZF)

Mr. Nick Appleyard, President and CEO stated “2019 was a remarkable year for TriStar. The large investment in a production royalty made by Royal Gold conveys their belief that Castelo de Sonhos will become a producing mine. With additional money coming in through the oversubscribed private placement, we are fully funded for our 2020 work plan which includes the completion of both the pre-feasibility study and the work by GoldSpot. This initial work by GoldSpot accelerates exploration of the full potential of the large plateau at CDS, including assessing the underground potential that has stayed on the back burner while we focused on proving up a stand-alone open-pit operation. With significant project milestones approaching and with 2020 off to a good start with rising gold prices, we anticipate a good news flow as we keep investors abreast of new developments throughout the year.”

For Direct Inquiries on Tristar Gold:

Telephone: +1-480-794-1244

Email: info@tristargold.com