Author: admin

Categories
Base Metals Precious Metals Project Generators

PROJECT GENERATOR | Riverside Develops Four New Target Zones at the Cecilia Gold Project, Sonora, Mexico

VANCOUVER, British Columbia, Nov. 15, 2018 (GLOBE NEWSWIRE) — Riverside Resources Inc. (“Riverside” or the “Company”) (TSX-V: RRI) (OTCQB: RVSDF) (R99.F), is pleased to receive new exploration results at its 100%-owned Cecilia Gold Project (the “Project”) in northeastern Sonora, Mexico. Recent rock sampling and mapping was conducted on the Cecilia 1 claim following-up on anomalous areas identified during the reconnaissance soil sampling survey which was conducted over the larger tenure acquired earlier this year. Initially, the exploration work focused on the Cerro Magallanes rhyolite dome complex where historical drilling, mining and other work delineated high-grade gold mineralization. The most recent work by Riverside has been at the Cecilia 1 claim which covers a large area (~50km2) of favorable geology that is bisected by several large regional structures that have been found to host gold mineralization.

Over the past several months Riverside has completed a reconnaissance soil sample survey over the northeastern portion of the claim and followed this up with a sampling and mapping survey that included a Terraspec assisted alteration survey, Innovex geochemical testing, and assaying of selected areas. The soil sampling survey documented several, large linear anomalies that have now been field checked with initial sampling and mapping work. The most recent work has focused on four (4) new areas in addition to the main Cerro Magallanes target area therefore expanding the overall value of the Cecilia Project.

Riverside’s President and CEO, John-Mark Staude, stated: “Riverside has continued working on the Cecilia Project following-up on its initial soil and channel sampling programs further refining the targets on the concession. The recent program has defined several epithermal targets that show significant strike length and need to be drilled. The Cecilia 1 concession expands Riverside’s exploration footprint over a much larger area (58 km2). The fieldwork to date demonstrates the robust nature of the Cecilia Project showing large mineralized structures over significant strike lengths.”

Casa de Piedra target:

The Casa de Piedra target is east of Cerro Magallanes on the recently added Riverside concession, Cecilia 1. The target zone comprises a 2 km long shear fault vein with abundant epithermal mineralization and textures. Casa de Piedra has not seen any exploration making it a high-profile drill target. This target was first identified through soil geochemistry in June 2018 where anomalous Pb, Cu, Te and Hg were noted. In the field the Casa de Piedra target is defined by a 30 m wide N-NE trending structural corridor of altered Cretaceous clastic sedimentary bedrock. Within the main mineralized structure, widespread sericitic, silica and kaolinitic alteration is common including buddingtonite alteration; buddingtonite being a clay often found in proximity to precious metal veins. The structural zone is infilled with quartz veining, quartz veinlets and stockwork and in some areas banded quartz, vuggy quartz and grey calcite. Textures in outcrop are dominated by intact-banded veins and silicified zones and only minor vein breccias. Transport of the clasts appears to be rotated but with minor displacement; anastomosing breccia veins are common in outcrop. Later carbonates are noted, and some carbonate appears to be leached from the matrix surrounding the quartz, leaving a stringy, net texture with residue of the Mn-oxides and crustiform quartz. This mineralized structure is cross-cut by northwest-trending rhyolitic dikes that do not appear to influence mineralization. Rock sampling (24) in this area returned one sample that assayed 0.9 g/t Au and also included other elements typical of the upper parts of hydrothermal veins. This shear vein is not unique, a second large vein system, Los Llanos described below.

Los Llanos target:

The Los Llanos target is located east of the Casa de Piedra vein shear structure east of the Cerro Magallanes peak. The Los Llanos target was first defined by reconnaissance and soil geochemistry where anomalous Pb, Cu and Zn were noted. In the field the Los Llanos target is defined by a 20-30 m wide structural corridor of altered sandstone presently mapped as being 1 km in strike length and trending northeast. Gold mineralization is found in narrow anastomosing veins sometimes as stockwork but primarily as a silicified zone marked by reddish-brown iron oxides. This corridor also hosts rhyolite dikes which are sometimes parallel to the mineralized zone but also cut the zone. To the best of our understanding no exploration work has been done in this area thus making it a newly discovered vein zone. Some evidence of placer mining was noted in the area suggesting gold may have come from this vein; further exploration work is warranted on the Llanos target.

Cruz Target:

The Cruz target lies within a large structural corridor northeast of Cerro Magallanes within horst and graben structural terrain. This large northwest trending regional structure extends tens of kilometers and comes across the northeast portion of the Project, is visible on satellite images, and forms a major structural topographic feature in northeastern Sonora. At the outcrop level, mineralization is noted in veins and stockwork alteration zones of up to 100 meters wide. These zones comprise anastomosing quartz veins with breccia that generally strike N-NE (020) and dip vertical to steeply to the west. Within this 100 m wide zone stockwork show syntaxial and druzzy textures. Gold mineralization is associated with pervasive, widespread sericitic and silica alteration; sulphides are rare but noted in this area. Where these veins cut conglomerate bedrock wide areas of silicified material is noted, two out of seven samples taken from this area returned gold grades of 1.6 g/t and 2.3 g/t Au. These veins continue through the conglomerate into the adjacent granitic bedrock. Geochemistry in this area shows high Pb, Zn and Cu indicating mineralization in the northern portion of the concession may be lower down in a epithermal system.

Cruz II Target:

The Cruz II Target is located in the eastern portion of the Cecilia 1 concession. This target is also a structural corridor of silicification and veining currently mapped at about 2 km in strike length.  The structure/vein strikes N-NE (020-030) and cuts through several sedimentary geological units varying in width from several meters to 20 m. Mineralized areas include anastomosing, stockwork or parallel veins with breccias; breccia is sometimes rounded but often angular. Terraspec analysis of altered rock shows pervasive silica and sericite alteration with illite in some areas. In hand sample the alteration is dominated by silicification and Fe-oxides. Individual veinlets are up to 30 cm wide with 3 to 5 parallel veins within a larger 20 m corridor. Stockwork veining, where present, is typically orthogonal and made more obvious by the hematitzation of rare pyrite, sphalerite and galena. Two of eleven samples from Riversides first pass of this area returned gold values of 0.5 g/t Au. Rock geochemistry also shows elements typical of a low-sulphidation epithermal system.

Cerro Magallanes Targets:

The Cerro Magallanes targets encompasses the rhyolitic dome complex in the middle of the Project. Riverside has conducted channel sampling on four main areas. Channel sampling shows consistent gold from the top of Cerro Magallanes at the San Jose target northeast along the Agua Prieta-North Breccia target and then through the Central and East Target areas. Highlights from this previously reported work includes:

  • San Jose Target – 47m @ 1.12 g/t from underground workings
  • Agua Prieta – North Breccia – 10m @ 3.34 g/t from surface channel
  • Central Target – 14m @ 2.44 g/t from underground workings
  • East Target – 11.5m @ 1.57 g/t

These samples do not cover the entire target thicknesses and further excavations would be needed to extend continuity thus the widths are open and provide an indication of gold mineralization context. The new target areas on Cecilia 1 east and north of Cerro Magallanes provide the opportunity to discover bulk tonnage precious metal mineralization where vein systems of several kilometers in length have been defined.

The map below (see Figure 1) shows the named zones on the Cecilia Project that have been defined by Riversides recent fieldwork.

Figure 1: Shows geological mapping and gold values of the target areas and puts in context the new target areas locations in comparison to Cerro Magallanes.

Click here to view Figure 1

Figure 2: Shows a cross section of the Casa de Piedra and Los Llanos shear targets with the vertical dimension being extended to show some of the details for the drill targets.

Click here to view Figure 2

Qualified Person and QA/QC:
The scientific and technical data contained in this news release pertaining to the Cecilia Project was reviewed and/or prepared under the supervision of Freeman Smith, P.Geo., a non-independent qualified person to Riverside Resources Inc. who is responsible for ensuring that the geologic information provided in this news release is accurate and who acts as a “qualified person” under National Instrument 43-101 Standards of Disclosure for Mineral Projects.

Rock samples collected were taken to the Bureau Veritas Laboratories in Hermosillo, Mexico for fire assaying for gold. The rejects remained with Bureau Veritas in Mexico while the pulps were transported to Bureau Veritas’ laboratory in Vancouver, BC, Canada for 45 element ICP/ES-MS analysis. A QA/QC program was implemented as part of the sampling procedures for the exploration program. Standard samples and blanks were randomly inserted into the sample stream prior to being sent to the laboratory.

About Riverside Resources Inc.:
Riverside is an exploration company driven by value generation and discovery. The company has $2,000,000 in cash, fewer than 45M shares issued and a strong portfolio of gold-silver and copper assets in North America. Riverside has extensive experience and knowledge operating in Mexico and leverages its large database to generate a portfolio of prospective mineral properties. In addition to Riverside’s own exploration spending, the Company also strives to diversify risk by securing joint-venture and spin-out partnerships to advance multiple assets simultaneously and create more chances for discovery. Riverside has additional properties available for option, with more information available on the Company’s website at www.rivres.com.

ON BEHALF OF RIVERSIDE RESOURCES INC.
“John-Mark Staude”
Dr. John-Mark Staude, President & CEO

For additional information contact:

John-Mark Staude
President, CEO
Riverside Resources Inc.
info@rivres.com
Phone:  (778) 327-6671
Fax:  (778) 327-6675
Web:  www.rivres.com		Raffi Elmajian
Corporate Communications
Riverside Resources Inc.
relmajian@rivres.com
Phone: (778) 327-6671
TF: (877) RIV-RES1
Web: www.rivres.com

Certain statements in this press release may be considered forward-looking information. These statements can be identified by the use of forward looking terminology (e.g., “expect”,” estimates”, “intends”, “anticipates”, “believes”, “plans”). Such information involves known and unknown risks — including the availability of funds, the results of financing and exploration activities, the interpretation of exploration results and other geological data, or unanticipated costs and expenses and other risks identified by Riverside in its public securities filings that may cause actual events to differ materially from current expectations. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this press release.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Categories
Precious Metals

JUNIOR MINING | Minera Alamos Defines Significant Surface Exposure Surrounding New Divisadero Porphyry Discovery Hole — 95.7 Metres of 1.47 G/T Gold Equivalent — at the Santana Project, Sonora, Mexico

Toronto, Ontario and Vancouver, British Columbia–(Newsfile Corp. – November 15, 2018) –  Minera Alamos Inc. (TSXV: MAI) (the “Company” or “Minera Alamos”) is pleased to report that additional mapping and surface sampling of the new Divisadero porphyry discovery has successfully delineated a significant surface exposure of the target which remains open in all directions. To date, a combination of outcrop and limited outcrop/float samples have confirmed the expression of the known porphyry system for over 300 m before it disappears under soil cover (see figure 1).

This work was conducted following the recent success of Phase 1 drill hole S18-121 that intersected a broad zone of a porphyry hosting significant gold, silver and copper mineralization approximately 200 m north of the Nicho Norte breccia pipe. The hole was the first drilled into this new style of polymetallic mineralization that is associated with an andesite porphyry unit related to disseminated pyrite and intrusive breccias.

Divisadero Zone Highlights:

  • Hole S18-121 – 95.7 m of 0.85 g/t Au, 9.8 g/t Ag and 0.33% Cu – (1.47 g/t AuEQ) from 32 m
    Including 70.0 m of 1.1 g/t Au, 11.8 g/t Ag and 0.56% Cu – (1.88 g/t AuEQ) beginning at 55 m down hole (see press release 2018-10-25);
  • Sixty-six (66) rock samples assayed with over 50% exhibiting grades in excess of 0.10 g/t gold – assays ranging up to 2.2 g/t gold;
  • Mineralized surface exposure surrounding drill hole S18-121 in excess of 200m x 300m;
  • Mineralization appears to remain open to the north and south under thin soil cover;
  • Extent of the gold mineralized systems surrounding the Company’s flagship Nicho (Main/Norte) deposits now extends along NW-SE trend for at least 1.2-1.3 km (see figure 2).

“Following the initial drill hole discovery of the new Divisadero porphyry system, our exploration team began the process of mapping and sampling the available surface exposure around this exciting new target. With over half the surface rock samples returning greater than 0.1 g/t gold, we have confirmed the potential of the new system and have successfully followed the known extents of the Divisadero mineralization for a distance of at least 300 m before it recedes under overburden. With this new information we look forward to further defining the target in our upcoming Phase 2 drill program. As a result of this year’s exploration, there are now five known areas of “Nicho-style” intrusion related gold mineralization identified at the Santana project site including the newly identified Zata and Divisadero zones. We are confident that as we expand our geological efforts more discoveries will be made.” stated Darren Koningen, CEO of Minera Alamos.

Figure 1 – Divisadero Porphyry Mapping and Sampling

Cannot view this image? Visit: http://media.zenfs.com/en-US/homerun/newsfile_64/f6e3c3edb640cb199c35ce994a8e78a8
Cannot view this image? Visit: http://media.zenfs.com/en-US/homerun/newsfile_64/f6e3c3edb640cb199c35ce994a8e78a8

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/4183/41084_210e7b4074c1f922_002full.jpg

Figure 2 – Divisadero Porphyry Location
Cannot view this image? Visit: http://media.zenfs.com/en-US/homerun/newsfile_64/401182af1566fbf89bb4aa9134e8c67e
Cannot view this image? Visit: http://media.zenfs.com/en-US/homerun/newsfile_64/401182af1566fbf89bb4aa9134e8c67e

To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/4183/41084_210e7b4074c1f922_003full.jpg

As a result of extensive weathering of the porphyry system surface exposures; copper values though elevated are lower in the surface sampling than those exhibited throughout hole S18-121 which averaged over 0.3% copper over its entire 95m length.

Exploration Plans – Phase 2 Drilling

Evaluation of the new project discoveries is ongoing and will include additional drilling as part of the Company’s Phase 2 drill program that is planned to commence shortly and continue into Q1 of 2019. The work will further the understanding of the scale of the porphyry mineralization and its relationship to the mineralized breccia systems that form the predominantly gold-rich mineralization at Nicho Norte and Nicho Main to the southwest.

Mr. Darren Koningen, P. Eng., Minera Alamos’ CEO, is the Qualified Person responsible for the technical content of this press release under National Instrument 43-101. Mr. Koningen has supervised the preparation of, and has approved the scientific and technical disclosures in this news release.

All rock samples were collected by Minera Alamos personnel including the Company’s exploration geologists. Samples were bagged for analysis and sent for sample preparation at the ALS-Chemex facility in Hermosillo, Mexico. Blanks, duplicates, and standards were randomly inserted with the samples sent for analysis as part of the normal QA/QC procedures. All samples were prepared and analyzed for gold using fire assaying with AA/gravimetric finish in addition to a standard 35-element ICP suite.

For further information please contact:

Minera Alamos Inc.
Doug Ramshaw, President
Tel: 604-600-4423
Email: dramshaw@mineraalamos.com
Website: www.mineraalamos.com


About Minera Alamos

Minera Alamos is an advanced-stage exploration and development company with a growing portfolio of high-quality Mexican assets, including the La Fortuna open-pit gold project in Durango with positive PEA completed, the Santana open-pit heap-leach development project in Sonora with test mining and processing completed and the Guadalupe de Los Reyes open-pit gold-silver project in Sinaloa with mine planning in progress. The Company is awaiting the pending approval of permit applications related to the commercial production of gold at both the Santana and Fortuna projects.

The Company’s strategy is to develop low capex assets while expanding the project resources and pursue complementary strategic acquisitions.

Caution Regarding Forward-Looking Statements

This news release may contain forward-looking information and Minera Alamos cautions readers that forward-looking information is based on certain assumptions and risk factors that could cause actual results to differ materially from the expectations of Minera Alamos included in this news release. This news release includes certain “forward-looking statements”, which often, but not always, can be identified by the use of words such as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. These statements are based on information currently available to Minera Alamos and Minera Alamos provides no assurance that actual results will meet management’s expectations. Forward-looking statements include estimates and statements with respect to Minera Alamos’ future plans with respect to the Projects, objectives or goals, to the effect that Minera Alamos or management expects a stated condition or result to occur and the expected timing for release of a resource and reserve estimate on the Projects. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Actual results relating to, among other things, results of exploration, the economics of processing methods, project development, reclamation and capital costs of Minera Alamos’ mineral properties, the ability to complete a preliminary economic assessment which supports the technical and economic viability of mineral production could differ materially from those currently anticipated in such statements for many reasons. Minera Alamos’ financial condition and prospects could differ materially from those currently anticipated in such statements for many reasons such as: an inability to finance and/or complete an updated resource and reserve estimate and a preliminary economic assessment which supports the technical and economic viability of mineral production; changes in general economic conditions and conditions in the financial markets; changes in demand and prices for minerals; litigation, legislative, environmental and other judicial, regulatory, political and competitive developments; technological and operational difficulties encountered in connection with Minera Alamos’ activities; and other matters discussed in this news release and in filings made with securities regulators. This list is not exhaustive of the factors that may affect any of Minera Alamos’ forward-looking statements. These and other factors should be considered carefully and readers should not place undue reliance on Minera Alamos’ forward-looking statements. Minera Alamos does not undertake to update any forward-looking statement that may be made from time to time by Minera Alamos or on its behalf, except in accordance with applicable securities laws.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Categories
Base Metals Energy

URANIUM | NexGen Honoured to Receive the PDAC’s 2019 Environmental and Social Responsibility Award

VANCOUVER, Nov. 15, 2018 /PRNewswire/ – NexGen Energy Ltd. (“NexGen” or the “Company”) (TSX: NXE, NYSE MKT: NXE) is pleased to announce it is the recipient of the 2019 Environmental & Social Responsibility Award given by the Prospectors & Developers Association of Canada (“PDAC”), the leading voice of the mineral exploration and development community.

The PDAC Environmental & Social Responsibility award recognizes an organization’s effort in protecting and preserving the natural environment and establishing positive community relations during the exploration phase or operation of a mine.

Leigh Curyer, Chief Executive Officer, commented: “The receipt of this award recognizes NexGen’s commitment to all aspects of its operations, communities and the environment in which it conducts activities. The NexGen team’s culture of creating positive impacts for all reflects our core objective which extends beyond bringing a mine into production. We look forward to expanding the scope and breadth of our programs previously initiated as we head into 2019 conducting the largest campaign since incorporation in 2011. On behalf of the Executive and Board of NexGen, I would like to thank everyone involved for their dedication and conduct in the pursuit of what has been achieved to date and their relentless focus on future initiatives.”

The 41st annual PDAC awards showcase exceptional leaders in the mineral exploration and mining community. Recipients will be celebrated at an Awards Gala & After Party at the Fairmont Royal York Hotel in Toronto on Tuesday, March 5 during the PDAC 2019 Convention.

About NexGen

NexGen is a British Columbia corporation with a focus on the acquisition, exploration and development of Canadian uranium projects. NexGen has a highly experienced team of uranium industry professionals with a successful track record in the discovery of uranium deposits and in developing projects through discovery to production.  NexGen owns a portfolio of prospective uranium exploration assets in the Athabasca Basin, Saskatchewan, Canada, including a 100% interest in Rook I, location of the Arrow Deposit in February 2014, the Bow discovery in March 2015, the Harpoon discovery in August 2016 and the Arrow South discovery in July 2017. NexGen is the recipient of the PDAC’s 2018 Bill Dennis Award and the 2019 Environmental and Social Responsibility Award.

Forward-Looking Information

The information contained herein contains “forward-looking statements” within the meaning of the United States Private Securities Litigation Reform Act of 1995 and “forward-looking information” within the meaning of applicable Canadian securities legislation. “Forward-looking information” includes, but is not limited to, statements with respect to the activities, events or developments that the Company expects or anticipates will or may occur in the future. Generally, but not always, forward-looking information and statements can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negative connotation thereof or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved” or the negative connotation thereof.

Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about NexGen’s business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions, including among others, that the proposed transaction will be completed, the results of planned exploration activities are as anticipated, the price of uranium, the cost of planned exploration activities, that financing will be available if and when needed and on reasonable terms, that third party contractors, equipment, supplies and governmental and other approvals required to conduct NexGen’s planned exploration activities will be available on reasonable terms and in a timely manner and that general business and economic conditions will not change in a material adverse manner. Although the assumptions made by the Company in providing forward looking information or making forward looking statements are considered reasonable by management at the time, there can be no assurance that such assumptions will prove to be accurate.

Forward-looking information and statements also involve known and unknown risks and uncertainties and other factors, which may cause actual results, performances and achievements of NexGen to differ materially from any projections of results, performances and achievements of NexGen expressed or implied by such forward-looking information or statements, including, among others, negative operating cash flow and dependence on third party financing, uncertainty of the availability of additional financing, the risk that pending assay results will not confirm previously announced preliminary results, imprecision of mineral resource estimates, the appeal of alternate sources of energy and sustained low uranium prices, aboriginal title and consultation issues, exploration risks, reliance upon key management and other personnel, deficiencies in the Company’s title to its properties, uninsurable risks, failure to manage conflicts of interest, failure to obtain or maintain required permits and licenses, changes in laws, regulations and policy, competition for resources and financing, and other factors discussed or referred to in the Company’s Annual Information Form dated March 31, 2017 under “Risk Factors”.

Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in the forward-looking information or implied by forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended.

There can be no assurance that forward-looking information and statements will prove to be accurate, as actual results and future events could differ materially from those anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking statements or information. The Company undertakes no obligation to update or reissue forward-looking information as a result of new information or events except as required by applicable securities laws.

Cision
Cision

View original content to download multimedia:http://www.prnewswire.com/news-releases/nexgen-honoured-to-receive-the-pdacs-2019-environmental-and-social-responsibility-award-300750829.html

Categories
Precious Metals

JUNIOR MINING | Work Program Commences Ahead of Drill Program on Extensive High Grade Vein System at Boodalyerrie, Pilbara, Western Australia

VANCOUVER , Nov. 15, 2018 /CNW/ – Pacton Gold Inc. (TSXV: PAC, OTC: PACXF, FSE: 2NKN) (the “Company” or “Pacton“) is pleased to announce that it has scheduled a helicopter and ground supported rock chip sampling and detailed geological mapping program on its 62 km2 Boodalyerrie tenement (E 45/3586).  Boodalyerrie is located 85 km northeast of the town of Nullagine, and Novo Resources Corp’s (NVO.V) Beatons Creek project. (Figure 1).

Figure 1. Location of Pacton Pilbara holdings, showing Boodalyerrie tenement. (CNW Group/Pacton Gold Inc.)

View photos

Figure 1. Location of Pacton Pilbara holdings, showing Boodalyerrie tenement. (CNW Group/Pacton Gold Inc.)

Highlights of exploration undertaken at Boodalyerrie to date:

  • Multiple quartz vein reefs extend over a total cumulative strike length of at least 23 km within an area of 25 km2, and range in thickness between 1 to 10 m
  • Significant high-grade rock chip samples of up to 200g/t Au (Plenty River Corporation Ltd, 2000)
  • Channel sampling results of up to 3 m at 88.6g/t Au (Plenty River Corporation Ltd, 2000)
  • Multiple small scale historic high grade workings documented
  • Potential exists for high-grade vein hosted gold mineralizing system associated with the Yilgalong Granite quartz veins. Target style has never been drill tested

Although half of the Boodalyerrie tenement is covered by sedimentary and volcanic rocks of the Fortescue Group, including surface exposures of the Mount Roe, Hardey and Kylena formations, the focus of the immediate exploration program will be to define the extents and controls of gold mineralization within steeply dipping quartz veins hosted in older Archean granitic basement rocks. This extensive swarm of gold-bearing, quartz veins have thicknesses ranging from 1 to 10 m and extend along strike lengths of up to 2.5 km throughout a 25 km2 area. Geological mapping indicates that the veins were emplaced into the Archean granitic basement rocks before the deposition of the overlying Fortescue Group. Accordingly, the mapped vein system is expected to extend under the thin cover of Fortescue formations. (Figures 2 & 3).

Figure 2. Simplified geology of the eastern part of the Pilbara craton, showing Pacton holdings, and the location of the Boodalyerrie tenement. (CNW Group/Pacton Gold Inc.)

View photos

Figure 2. Simplified geology of the eastern part of the Pilbara craton, showing Pacton holdings, and the location of the Boodalyerrie tenement. (CNW Group/Pacton Gold Inc.)
Figure 3. Orthophoto of Boodalyerrie tenement showing granitic basement injected with a pervasive swarm of vertical quartz structures that contain identified gold occurrences. The east and south parts of the tenement are covered by Fortescue Group formations. See Inset in Figure 4 below. (CNW Group/Pacton Gold Inc.)

View photos

Figure 3. Orthophoto of Boodalyerrie tenement showing granitic basement injected with a pervasive swarm of vertical quartz structures that contain identified gold occurrences. The east and south parts of the tenement are covered by Fortescue Group formations. See Inset in Figure 4 below. (CNW Group/Pacton Gold Inc.)

Exploration conducted in 2000, indicated the Boodalyerrie veins are prominent, protruding surface features that dip steeply in a north and north west criss-cross pattern and extend along strike for several kilometers.  The 1 m to 10 m thick veins are composed of white and/or grey quartz, and carry minor sulphides, principally pyrite and galena. Surface and grab samples have been reported by Plenty River Corporation Ltd, in 2000, as grading up to 200 g/t gold, and with a channel sample returning 88.6 g.t gold over 3 m .

Figure 4. Vertically exaggerated view of the inset in Figure 3, showing the resistant nature of the larger quartz vein structures. (CNW Group/Pacton Gold Inc.)

View photos

Figure 4. Vertically exaggerated view of the inset in Figure 3, showing the resistant nature of the larger quartz vein structures. (CNW Group/Pacton Gold Inc.)

Image analysis suggests that a secondary target type of interest consists of dense swarms of smaller quartz vein stockworks that extend throughout the tenement. (Figure 5).

Figure 5. Filtered snapshots of selected areas of Figure 3 (above) showing details of quartz structures, and alteration minerals dispersed on surface. (CNW Group/Pacton Gold Inc.)

View photos

Figure 5. Filtered snapshots of selected areas of Figure 3 (above) showing details of quartz structures, and alteration minerals dispersed on surface. (CNW Group/Pacton Gold Inc.)

Pacton has not independently verified the Boodalyerrie sampling results but considers them to be sufficiently reliable to justify more detailed exploration. Mr. Robert Jewson, BSc. , Mineral Exploration & Mining Geology, and Managing Director of Geonomics Australia will be supervising the implementation of the Boodalyerrie exploration program.

The November-December Boodalyerrie work program will consist of detailed geological mapping and rock chip sampling in order to define the controls and extents of mineralization. Unexplored parts of the vein swarm, together with areas of intense vein stockworks will be mapped and surface sampled. Additionally, a preliminary reconnaissance sampling program will be undertaken in the southwestern portion of the Boodalyerrie tenement, which is underlain by the Mount Roe and Hardey formations of the Fortescue Group.

About Pacton Gold

Pacton Gold is a well-financed Canadian junior with key strategic partners focused on the exploration and development of conglomerate-hosted gold properties located in the district-scale Pilbara gold rush in Western Australia.

The technical content of this news release has been reviewed and approved Peter Caldbick , P.Geo., a director of the Company and a Qualified Person pursuant to National Instrument 43-101. The qualified person has not yet verified the data disclosed, including sampling, analytical, and test data underlying the information or opinions contained in the written disclosure.

ON BEHALF OF THE BOARD OF PACTON GOLD INC.

Alec Pismiris
Interim President & CEO

This news release contains or refers to forward-looking information based on current expectations, including, but not limited to the Company completion of the proposed transaction described herein, the prospect of the Company achieving success in exploring its properties and the impact on the Company of these events, including the effect on its share price. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances.

Neither TSX Venture Exchange, the Toronto Stock Exchange nor their Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release

Cision
Cision

View original content to download multimedia:http://www.prnewswire.com/news-releases/work-program-commences-ahead-of-drill-program-on-extensive-high-grade-vein-system-at-boodalyerrie-pilbara-western-australia-300750949.html

SOURCE Pacton Gold Inc.

View photos

View original content to download multimedia: http://www.newswire.ca/en/releases/archive/November2018/15/c1635.html

Categories
Precious Metals

JUNIOR MINING | Gowest Gold Provides Market Update

TORONTO, Nov. 15, 2018 (GLOBE NEWSWIRE) — Gowest Gold Ltd. (“Gowest” or the “Company”) (GWA.V) is pleased to provide an update regarding the progress it is making with its development of the Company’s Bradshaw Gold Deposit (“Bradshaw”) in the Timmins Gold Camp.

As previously announced (see Gowest news release dated October 30, 2018), the Company has recently entered into a definitive Custom Milling Agreement (“the Agreement”) with QMX Gold Corporation (“QMX”) pursuant to which QMX will process material from Bradshaw at its Aurbel Mill located in Val d’Or, Quebec. In reaching this agreement, Gowest has achieved a critical milestone, one that had proven to be a major impediment in the Company’s efforts to raise the additional funds needed to continue Bradshaw’s development, let alone for conducting further work on the rest of its more than 100-square-kilometre North Timmins Gold Project.

With the Agreement in hand, Gowest is actively engaged in discussions with a number of parties to identify the best way to raise new funding. No details can be made available at this time; however, a number of options are being examined including private placement funding, some form of debt or royalty structure, as well as larger equity infusions. Further information on these opportunities will be provided as it becomes available.

The Company’s management also wishes to confirm that it is unaware of any material change in the Company’s operations that would account for the recent negative market activity.

Meanwhile, the Company would like to note the considerable progress that its team has achieved during the past two years.

ACCOMPLISHMENTS:

Gowest has completed over 2,098 metres of underground development, including commissioning a main ramp and portal of sufficient size for the future operating mine. This development was conducted at the 30, 45 and 60 metre levels. Silling has also been initiated as the first stopes are prepared for development. This underground work has revealed the gold structures, shown excellent continuity in the mineralization, and confirmed and enhanced the team’s geological model. Importantly, all of this has been completed with no injuries at the project to date, either at surface or underground.

At the same time, 28,567 tonnes of development material has been stockpiled on surface for sorting, milling, and sale as a concentrate.

Further, in preparation for future production, the water treatment plant has been made fully operational, and the discharge is environmentally compliant. The ore-sorter, which is now completely enclosed in a dome building facility, has been commissioned and proven to perform as expected. Initial tests have shown that it should be producing gold bearing material from the stockpiles grading 6 g/t to 10 g/t for trucking to the Aurbel facility for toll-milling. Previous milling and flotation test work showed 97% recoveries.

Additional work has demonstrated stable and competent ground conditions in the ore and waste areas, and a revised geological model has sharply expanded the potential of the mineralized area.

As previously announced (see news release dated February 14, 2018), the Company has completed an agreement to have the gold concentrate produced at the Aurbel mill sent for final processing and sale at Shandong Humon Smelting in China.

Overall, the past year has seen Gowest sharply enhance and de-risk its Bradshaw asset, including intersecting the highest gold values to date at 155 g/t gold in a new zone outside the resource (see news release dated November 29, 2017). The team has also identified 20 new gold zones in bulk sample area, as well as two new high-grade gold zones north and west of main deposit. A 30-hole, 3,871-metre underground infill drilling program has been completed that has significantly enhanced the Company’s understanding of the deposit. This included tightening drill spacing and increasing the technical team’s detailed knowledge of the mineralized structures. In addition to refining the deposit geometry to define stope limits and enhance grade control, this drilling clearly demonstrated the potential to add significant additional material to the resource.

Gowest President & CEO, Greg Romain said, “Despite the difficult market conditions, our team has much to be proud of. Meanwhile, we continue to work towards our plan of making Bradshaw a commercial mine. We are currently reviewing our financing options, and we are hopeful that we will be able to provide a further update in this regard before the end of the year. Meanwhile, on behalf of the Board and our management team, we appreciate the support we have received from our shareholders, and we look forward to providing them with the proof that their patience has not been in vain.”

Qualified Person

The technical information in this news release has been reviewed and approved by Mr. Jeremy Niemi, P.Geo., Gowest’s Director of Exploration, who is the Qualified Person for the technical information in this news release under National Instrument 43‐101 standards.

About Gowest

Gowest is a Canadian gold exploration and development company focused on the delineation and development of its 100% owned Bradshaw Gold Deposit (Bradshaw), on the Frankfield Property, part of the Corporation’s North Timmins Gold Project (NTGP). Gowest is exploring additional gold targets on its +100‐square‐kilometre NTGP land package and continues to evaluate the area, which is part of the prolific Timmins, Ontario gold camp. Currently, Bradshaw contains a National Instrument 43‐101 Indicated Resource estimated at 2.1 million tonnes (“t”) grading 6.19 grams per tonne gold (g/t Au) containing 422 thousand ounces (oz) Au and an Inferred Resource of 3.6 million t grading 6.47 g/t Au containing 755 thousand oz Au. Further, based on the Pre‐Feasibility Study produced by Stantec Mining and announced on June 9, 2015, Bradshaw contains Mineral Reserves (Mineral Resources are inclusive of Mineral Reserves) in the probable category, using a 3 g/t Au cut‐off and utilizing a gold price of US$1,200 / oz, totaling 1.8 million t grading 4.82 g/t Au for 277 thousand oz Au.

Forward-Looking Statements

This news release may contain certain “forward looking statements”. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors that may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements.  Any forward-looking statement speaks only as of the date of this news release and, except as may be required by applicable securities laws, the Company disclaims any intent or obligation to update any forward-looking statement, whether as a result of new information, future events or results or otherwise.

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OF THIS RELEASE.

For further information please contact:

Greg RomainGreg Taylor
President & CEOInvestor Relations
Tel: (416) 363-1210Tel: 416 605-5120
Email: info@gowestgold.comEmail: gregt@gowestgold.com
Categories
Base Metals Energy Precious Metals Project Generators

PROJECT GENERATOR | EMX Royalty Announces Third Quarter 2018 Results and Repayment of Sprott Loan

EMX Royalty Corp.
Suite 501 – 543 Granville Street
Vancouver, BC V6C 1X8
Telephone +1 (604) 688-6390

Categories
Base Metals

JUNIOR MINING | Nevada Copper Provides Clarification to Technical Disclosure and Announces Intention to Prepare New Technical Report

VANCOUVER, British Columbia, Nov. 13, 2018 (GLOBE NEWSWIRE) — Nevada Copper Corp. (NCU.TO) (“Nevada Copper” or the “Company”) is issuing this news release to clarify its technical disclosure as a result of a recent review by the British Columbia Securities Commission.

On October 11, 2018, the Company filed a technical report for the Pumpkin Hollow project entitled “Pumpkin Hollow Development Options – NI 43-101 Technical report: Pre-feasibility study 5,000 tons/day Underground Project (Case A), Feasibility Study for a 70,000 tons/day Open Pit/Underground Project (Case B), and Preliminary Economic Assessment of an Open Pit Project with Initial Capacity of 37,000 tons/day and Expansion to 70,000 tons/day” (the “October 2018 Technical Report”). That report included the results of a preliminary economic assessment (the “PEA”) of the stand-alone development of the open pit at the Project, in addition to the existing Case A and Case B studies. In preparing and presenting the October 2018 Technical Report, the Company sought to provide full disclosure of the various development alternatives being considered for the Pumpkin Hollow project (the “Project”). However, the presentation of multiple development scenarios using different levels of technical and economic studies within the technical report do not comply with the requirements of National Instrument 43-101 – Standards of Disclosure for Mineral Projects (“NI 43-101”). As a result, investors should not rely on the October 2018 Technical Report.

Nevada Copper remains confident with respect to the quality of the underlying technical work.  Nevada Copper also confirms that it continues its ongoing work on the preparation of a new technical report (the “New Technical Report”) for the Project for release in Q1 2019. The New Technical Report will supersede all prior technical reports for the Project and is expected to incorporate the results of the Company’s previously announced 2018 drilling program and evaluate, in addition to the underground project currently under construction, a standalone, staged, open pit mine development at a preliminary feasibility study level.

Qualified Persons

The technical disclosure in this news release was approved by Gregory French, P.G., Vice-President Exploration & Project Development of Nevada Copper, Robert McKnight, P.Eng., Executive Vice-President of Nevada Copper, both of whom are non-independent Qualified Persons within the meaning of NI 43-101.

About Nevada Copper

Nevada Copper’s (NCU.TO) Pumpkin Hollow project is the only major, shovel-ready and fully-permitted copper project in North America. Located in Nevada, USA, Pumpkin Hollow has substantial reserves and resources including copper, gold and silver. Its two fully-permitted projects include: the high-grade Pumpkin Hollow underground project which is in construction with a view to near-term commencement of copper production; and the Pumpkin Hollow open pit project, a large-scale copper deposit with substantial mineral reserves, and which is currently undergoing an optimization program to target a reduced-capex, staged-development approach.

Additional Information

For further information please visit the Nevada Copper corporate website (www.nevadacopper.com).

NEVADA COPPER CORP.

Matthew Gili, President and CEO

For further information call:

Rich Matthews,
VP Marketing and Investor Relations
Phone: 604-355-7179
Toll free: 1-877-648-8266
Email: rmatthews@nevadacopper.com

We seek safe harbour

Categories
Blog

CAPITALISM & MORALITY 2019

This is a gentle reminder that the early-bird price ends tomorrow, 15th Nov. 2018.


An Unparalleled Philosophy Seminar

Draft program for the next Capitalism & Morality seminar is now available. The seminar will be held on Saturday, 3rd August 2019, with social activities before and after the event. The programme and registration details are linked here.
For a very limited time, early-bird price is available–the price rises substantially as time passes by. You can of course ask for a full refund (minus any transaction fee) until 1st July 2019.
Your early registration helps us enormously with planning the event.
Please use the Paypal button at the bottom of the seminar page to register.
Please register by 15th November to get early-birdprice.
Warm regards,
Jayant Bhandari
www.jayantbhandari.com

Categories
Blog Energy Exclusive Interviews

DNI METALS | Advancing Graphite Projects in Madagascar

Dan Weir, executive chairman of DNI Metals, speaks with Maurice Jackson of Proven and Probable about the personnel changes the company has made and its plans to obtain the environmental permits for the company’s graphite projects in Madagascar.

VIDEO

 

AUDIO

TRANSCRIPT

Maurice Jackson: Joining us for a conversation is Dan Weir, the executive chairman of DNI Metals Inc. (DNI:CSE; DMNKF:OTC), which is establishing itself to become one of the world’s leading graphite producers.
Dan, glad to have you back on the show. Before we delve into today’s interview, for first time listeners, who is DNI Metals and what is the thesis you’re attempting to prove?
Dan Weir: DNI is a public company, listed in Toronto and the U.S. on the OTCQB. We are developing graphite projects in Madagascar, and we’re very excited to be involved in the graphite industry because, as you know, and I think a lot of your listeners will know that the demand picture for the future of graphite looks very good. If you just take a Tesla and look at the batteries that go into a Tesla, in every Tesla car there’s going to be somewhere between 100 and 200 kilograms of graphite. Multiply that by how many thousands and millions of electric cars that we’re going to have, let alone the batteries in your cellphones and the batteries in our computers. The demand in the world is going to be huge. So we’re very excited about the future and the future for graphite.
Maurice Jackson: Dan, you referenced DNI’s projects are located in Madagascar. I understand that elections are coming up soon. I have a multilayered question, should the current administration remain in place, what type of impact will that have on DNI and what if a new administration takes place, what type of impact could this have on DNI?
Dan Weir: Well, I’m going to take you through how the elections work here in Madagascar. There’s a presidential election that happens every four to five years. I think it’s mandated that it has to happen every five years. In order to become president, you have to have 50% of the votes. Now, the first round of the elections took place on November 7, so just a couple days ago. There were 36 people running for the president, including four of the people running were ex-presidents of the country. So the incumbent is one of the four.
We had the election on the 7th. And it takes approximately 20 days to do all the counting of the votes. Therefore, we won’t know the outcome for approximately three weeks. Legally, all voting has be recorded and published within the next 21 days. So by November 28, legally they have to announce all the different figures or the numbers or percentages that all the different candidates received.
Then what happens is if no candidate gets over 50%, they have a next round of elections. The two top candidates from the first round will compete in a second round. So the second round will happen on December 19 should this situation come to fruition. Again, then you’re going to have probably another 20 days before you get the results. So you’re really looking into mid-January by the time they announce who the president is and who wins the election.
Now, in the government they have a president, then they have a prime minister, then they have different ministers for different areas, minister of mines, minister of the environment, etc. The president doesn’t actually pick the prime minister, but what he does is he goes to parliament and gives them about four or five different names of who he would like to be the prime minister. So he doesn’t technically put the prime minister in place, but he’s the one that provides the names to parliament and then parliament picks who that prime minister is. But the president does pick who all the different ministers are.
So until mid-January, the current prime minister and all the current ministers stay in place and it’s business as usual until mid-January. Does that answer all your questions that you had on that topic, Maurice?
Maurice Jackson: It certainly does. Let’s switch gears here. Since our last interview, there have been a number of personnel changes at DNI Metals. As a shareholder, how concerned should I be, and equally important, why were these changes made?
Dan Weir: So I want to be careful what I say here. You can refer to our press releases that we’ve put out over the last couple weeks. We have decided to make changes here. I think I’m going to make it as polite as I can, Maurice. We have decided to make changes here in Madagascar. The team that we had in place we felt was not doing their jobs properly. So we terminated their contracts. Every single one of them was a contractor to the company. We terminated their contracts and we have brought new people in. I have decided to spend more time in Madagascar and take over as the country manager here in Madagascar to make sure that things are moving forward in the right direction.
As we stated in our previous press releases that we had been promised from our previous team the environmental permits would be done in January of 2018. We’re now in November of 2018. This was not fair to our shareholders, and therefore, we needed to make changes. I am here now taking control of that process and taking control of all the personnel here in Madagascar. I will be spending a lot of time in Madagascar to make sure that everything goes through and goes through smoothly here in Madagascar.
So new team will be myself, we will have a bookkeeper/accountant here in Madagascar as well, and I decided to bring in a lawyer on a contract basis, basically she will work part-time for us here in the company. I brought in a government relations person, again a contractor that will work part-time. And I brought in a community relations person, a CSR expert. He is also a chemical engineer. He will look after all of the local people and probably in the new year, I’ll probably bring him on more as a full-time person. As we get our environmental permits and we’re building our pilot plant initially and then the full on commercial plant, we’ll need somebody like him when you’re dealing with all the locals and all the relationships within the locals; and, again, him being a process engineer, chemical engineer, he’s a great person that can talk to all the locals and help us put processes in place to deal with the locals and deal with all our workers.
Maurice Jackson: You’ve also had some changes on the board. Can you speak to that?
Dan Weir: Yes. On our boards, we had five people. Myself, John Carter, who is an engineer. He’s built multiple processes plants. I think somewhere around 300 different mining processes plants around the world, including four graphite processing plants. We have Keith Minty. He’s a mine engineer. He’s operated graphite mines in Ontario and in Sri Lanka. He has worked all around the world, including Madagascar at one point and time. So these are great guys to have on the board. The other two people that we had on the board were two accountants, Paul Hart and Brian Howlett. They have decided to step down.
As we are moving closer and closer to getting the pilot plant built and commercial production, we will bring in people that have more expertise in graphite sales as well as have technical expertise in building graphite mines. The other people that we might consider for the board as we move forward would maybe be some of the big shareholders who have had a lot of expertise in developing companies and building companies. So we’ll look at that. That will be in the new year. Right now the main focus is making sure that we get all of our environmental licenses and that we’re moving forward.
Maurice Jackson: Before we get to the environmental licenses, talk to us about some good news that you have for U.S. investors.
Dan Weir: We decided to upgrade our listing in the United States on the OTC. We’re going to move it up to a QB listing in the United States. What that does is I’ve had complaints from different people in the U.S. and from around the world where a lot of the discount brokers found it difficult to trade on the CSE, one of the stock exchanges in Canada. So we are getting an upgraded listing in the United States, and we had been fully approved for that listing; that should happen over the next couple months. We will also get what we call DTC settlements set up where it, again, makes it easier for discount brokers in settling the trades in the back office. DTC basically is an electronic transfer system. Again, just makes it much easier for trading and settling of your trades.
Maurice Jackson: All right. The multi-million dollar question everyone wants to know about. What is the next unanswered question for DNI Metals? When should we expect results, and what determines success?
Dan Weir: So results, if you’re referring to getting the environmental licenses and moving the project forward, again, that’s been our biggest delay over the last year is getting these environmental licenses. I’ve been promising and promising and promising that they’re coming, they’re coming. It’ll happen soon. Most of that was from our team here in Madagascar that kept promising me that it was going to happen tomorrow, tomorrow, tomorrow. A number of documents and stuff that they gave us to show that it was going to happen tomorrow and tomorrow and tomorrow ended up not being really truthful documents or proper documents. I’m rectifying all that. I’ve taken charge here.
We have found out, and you can refer to one of our press releases that some of our documents had not even been filed, even though we had been told that they had been filed. For the Vohitsara property, some of the documents been filed, they had not been filed properly. When you’re working here and you’re filing environmental permits, this is the document. It’s about 500 pages long that you file for an environmental license in Madagascar. This had not been filed for the Marofody property. You file that and you also file a document that looks like this, which is called the Cahier des Charges. The Cahier des Charges is about 88 pages. It’s stamped by the director general of the mines ministry. This document had not been filed either for Marofody. So we’ve gotten the copies. We will be filing those with the ONE. Again, the ONE is the ministry of the environment and be moving this project forward.
So, as we said in the press release that I put out in the last couple days here, once you have filed the documents with the ONE, it’s a 60-day process that they must evaluate and grant you the environmental license within those 60 days. They also have a requirement where they need to go to the property twice. We will take them to both Vohitsara and Marofody properties at the same time. As part of that, I’ve requested and I have a meeting next week with the ONE again to try to speed this up. I will be requesting if we can we do those visits within the 60 day-process. I think that my initial meeting with them, they indicated that that was possible, and hopefully I can confirm that up next week.
So when is the exact timing? I can only give you what the laws state in Madagascar, which I have put in the most recent press release. People, again, have been concerned about the elections. If we can work within this 60 day window here, we will have this all completed while the current ministers are still in place. So we should be able to get all the documents completed and get our environmental licenses within those days. Again, that’s kind of a worst case scenario. The ONE knows that there were some people that have not really done their jobs properly here in Madagascar, and that they will work with us to speed up this process as fast as they can, which is fantastic.
Maurice Jackson: It truly is exciting to hear that. Last question for you, what did I forget to ask?
Dan Weir: I’m not sure. I know the two biggest questions for people out there have been: How do the elections effect DNI, and what the heck is going on with the permits? So hopefully we have addressed those today, and with some of the press releases that I have put out recently, I will try to get the market as much as I can update information as we move forward, and I look forward to finally getting the permits and actually getting this thing, the pilot plant, built and get into production. I’ve been trying to do this for a long time, but I’m finally excited that now I am taking control, I will remain in control of this process, and we know exactly what has to be done to complete this process, and I’m pushing forward to make sure that that happens.
Maurice Jackson: Mr. Weir, for someone listening and that wants to get more information on DNI Metals, please share the contact details.
Dan Weir: Best thing to do right now because I’m going to be in Madagascar quite a bit. It gets very expensive to call me on the phone. I’d prefer if you can email me at [email protected]. I will respond to that. It’s about an eight hour time difference between Madagascar and New York or Toronto. So please bear with me, if you don’t hear from me for a couple days, I will get back to you.
Maurice Jackson: And please share the website address.
Dan Weir: The website is www.DNIMetals.com.
Maurice Jackson: And as a reminder, DNI Metals trades on the CSE, symbol DNI, and on the OTC QB, symbol DMNKF. DNI Metals is a sponsor of Proven and Probable, and we are proud shareholders for the virtues conveyed in today’s interview.
And last but not least, please visit our website www.provenandprobable.com where we interview the most respected names in the natural resource space. You may reach us at [email protected].
Dan Weir of DNI Metals, thank you for joining us today on Proven and Probable.
Dan Weir: Thank you, Maurice, and bye to everybody from Madagascar.
Maurice Jackson is the founder of Proven and Probable, a site that aims to enrich its subscribers through education in precious metals and junior mining companies that will enrich the world.

Read what other experts are saying about:

Disclosure:
1) Dan Weir: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: DNI Metals. I personally am, or members of my immediate household or family are, paid by the following companies mentioned in this article: DNI Metals.
2) Maurice Jackson: I, or members of my immediate household or family, own shares of the following companies mentioned in this article: DNI Metals. I personally am, or members of my immediate household or family are, paid by the following companies mentioned in this article: None. My company has a financial relationship with the following companies mentioned in this article: DNI Metals is a sponsor of Proven and Probable. Proven and Probable disclosures are listed below.
3) The following companies mentioned in this article are billboard sponsors of Streetwise Reports: DNI Metals. Click here for important disclosures about sponsor fees.
4) Statements and opinions expressed are the opinions of the author and not of Streetwise Reports or its officers. The author is wholly responsible for the validity of the statements. The author was not paid by Streetwise Reports for this article. Streetwise Reports was not paid by the author to publish or syndicate this article. The information provided above is for informational purposes only and is not a recommendation to buy or sell any security. Streetwise Reports requires contributing authors to disclose any shareholdings in, or economic relationships with, companies that they write about. Streetwise Reports relies upon the authors to accurately provide this information and Streetwise Reports has no means of verifying its accuracy.
5) This article does not constitute investment advice. Each reader is encouraged to consult with his or her individual financial professional and any action a reader takes as a result of information presented here is his or her own responsibility. By opening this page, each reader accepts and agrees to Streetwise Reports’ terms of use and full legal disclaimer. This article is not a solicitation for investment. Streetwise Reports does not render general or specific investment advice and the information on Streetwise Reports should not be considered a recommendation to buy or sell any security. Streetwise Reports does not endorse or recommend the business, products, services or securities of any company mentioned on Streetwise Reports.
6) From time to time, Streetwise Reports LLC and its directors, officers, employees or members of their families, as well as persons interviewed for articles and interviews on the site, may have a long or short position in securities mentioned. Directors, officers, employees or members of their immediate families are prohibited from making purchases and/or sales of those securities in the open market or otherwise from the time of the interview or the decision to write an article, until one week after the publication of the interview or article. As of the date of this article, officers and/or employees of Streetwise Reports LLC (including members of their household) own securities of DNI Metals, a company mentioned in this article.

Proven and Probable LLC receives financial compensation from its sponsors. The compensation is used is to fund both sponsor-specific activities and general report activities, website, and general and administrative costs. Sponsor-specific activities may include aggregating content and publishing that content on the Proven and Probable website, creating and maintaining company landing pages, interviewing key management, posting a banner/billboard, and/or issuing press releases. The fees also cover the costs for Proven and Probable to publish sector-specific information on our site, and also to create content by interviewing experts in the sector. Monthly sponsorship fees range from $1,000 to $4,000 per month. Proven and Probable LLC does accept stock for payment of sponsorship fees. Sponsor pages may be considered advertising for the purposes of 18 U.S.C. 1734.
The Information presented in Proven and Probable is provided for educational and informational purposes only, without any express or implied warranty of any kind, including warranties of accuracy, completeness, or fitness for any particular purpose. The Information contained in or provided from or through this forum is not intended to be and does not constitute financial advice, investment advice, trading advice or any other advice. The Information on this forum and provided from or through this forum is general in nature and is not specific to you the User or anyone else. You should not make any decision, financial, investments, trading or otherwise, based on any of the information presented on this forum without undertaking independent due diligence and consultation with a professional broker or competent financial advisor. You understand that you are using any and all Information available on or through this forum at your own risk.