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Junior Mining

Lion One Mobilizing Three Drills For Agressive 2020 Dry Season Exploration Campaign

Lion One Metals (TSX.V: LIO | OTCQX: LOMLF)


Press Release

Lion One CEO Walter Berukoff commented “We believe that Tuvatu is part of a massive gold system inside the Navilawa Caldera. Results from our recent CSAMT survey reinforce that view. We’re excited about our upcoming aggressive drilling campaign, in our efforts to find similarities with the world class Vatukoula deposit located approximately 40 km northeast of Tuvatu.”

“We’re very excited to have to consolidated ownership of the entire Navilawa Caldera and be the first team to apply modern exploration techniques across the entire mineralized system. All evidence points to a large high-grade alkaline gold system of which Tuvatu forms a small part”, commented Dr. Quinton Hennigh, technical advisor to Lion One. “With more drilling we hope to gain a better understanding of the underlying plumbing system that allowed gold-rich fluids to ascend from the underlying magma chamber and ultimately discover the root feeder or feeders that gave rise to this lode complex. Alkaline gold deposits are known to extend to great depths, so we have plenty of room to explore. And thanks to our recent encouraging BLEG results, we now know we have an extensive anomalous area within the northern part of the Navilawa caldera to explore for extensions of this robust gold system”.

HAVE A QUESTION?

Please call 604 998 1250

(TF North America 855 805 1250)

Email: info@LionOneMetals.com,

Categories
Precious Metals

Fed Chair Says This is the Worst Economy in History

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Fed chair says this is the worst economy in history

From CNN’s David Goldman

Fed Chairman Jerome Powell
Fed Chairman Jerome Powell Federal Reserve

How bad is the coronavirus economy? The worst ever, says Fed Chairman Jerome Powell.

“We are going to see economic data for the second quarter that is worse than any data we have seen for the economy,” Powell said. “There are direct consequences of the disease and measures we are taking to protect ourselves from it.”

The recovery will be long and painful, but the economy could begin to bounce back significantly in the third quarter as businesses reopen, he added. While we won’t go back to pre-coronavirus levels for quite some time, the third quarter could provide some economic relief.
“We will enter the new phase — and we are just beginning to maybe do that — where we will begin formal measures that require social distancing will be rolled back, gradually, and at different paces in different parts of the country. And in time, during this period, the economy will begin to recover,” Powell said.
Powell also noted that unemployment shot higher for minorities in the United States —much faster than it has for white Americans.
Just a few months ago, the US labor market was the best-ever for minorities, Powell noted. Now, minorities are among the first to lose their jobs as stay-at-home orders have shuttered restaurants, movie theaters, retailers and many other businesses.
“It is heartbreaking, frankly, to see that all threatened now,” Powell said. “All the more need for our urgent response and also that of Congress, which has been urgent and large, and to do what we can to avoid longer run damage to the economy.”
Powell noted that people “who are least able to bear it have been the first to lose their jobs, and they have little cushion to protect themselves.
“That is a very big concern,” Powell said.

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Base Metals Exclusive Interviews Junior Mining Precious Metals Project Generators

Millrock Resources | We Found the Shear Zone, Next is the Gold



Transcript

https://youtu.be/j_vp9YyU9ck

Gregory Beischer the CEO of Millrock Resources sits down with Maurice Jackson of Proven and Probable to discuss the initial assay results on 64 North Project, which was temporarilty suspended due to the COVID-19. The initial findings produced all of the indicators that Millrock was seeking to identify with the exception of high-grade gold. The assay results represent approximately 25% of the proposed drill campaign. Find out why speculators, including ourselves, believe the value proposition of Millrock Resources has the potential to increase significantly.

INVESTOR INQUIRIES

Melanee Henderson
Investor Relations
Direct: 604-638-3164
Toll Free: 877-217-8978
Email: mhenderson@millrockresources.com


Categories
Precious Metals

We Really Do Live in a Concrete Jungle

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David Schectman, the founder of Miles Franklin Precious Metals Investments, has just released his latest musing that is a great reminder of why one should have an allocation towards physical precious metals. We are buying Silver and Platinum bullion, along with Numismatic Gold.

Contact me, Maurice Jackson, before you make your next physical precious metals purchase at 855.505.1900 or email maurice@milesfranklin.com


Categories
Junior Mining Project Generators

Millrock and Resolution Announce Initial Drill Results From Hole 20AU001 and Planned Drilling Resumption, Aurora Target, West Pogo Block, 64North Gold Project, Alaska

Millrock Resources
(TSX.V: MRO | OTCQB: MLRKF)


Press Release

Millrock President & CEO commented: “The core we drilled in the first hole of the program demonstrated a Pogo-like system with an abundance of alteration and sulfide mineralization indicating a robust hydrothermal system. Gold values are not strong, but the mineralization we have intersected appears to be similar in character to Northern Star’s Goodpaster gold deposit. located immediately to the northwest of our Aurora prospect. The resumption of drilling will continue the systematic exploration of the favorable geophysical and structural/stratigraphic targets that comprise the Aurora prospect area.”

FOR FURTHER INFORMATION, PLEASE CONTACT:
Melanee Henderson, Investor Relations
(604) 638-3164
mhenderson@millrockresources.com