Category: Junior Mining

Novo Resources (TSX.V: NVO | OTCQX: NSRPF)

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“The Acquisition further strengthens one of Novo’s goals, being consolidation of highly prospective gold projects in the East Pilbara region near the Company’s Beatons Creek project,” commented Quinton Hennigh, President, Chairman, and a director of Novo Resources. “Numerous high-priority bedrock and alluvial gold targets have been identified by Novo staff at the Mt. Elsie Project. Novo plans to soon undertake work designed to generate drill targets for testing later this year. We see the Mt. Elsie Project as a new, important part of our strategy to build a future hub of production around our well-advanced Beatons Creek gold project near Nullagine.”  

For more information, please contact Leo Karabelas at (416) 543-3120 or e-mail leo@novoresources.com

Miramont Resources (CSE: MONT | OTCQB: MRRMF)

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EMX Royalty (TSX.V: EMX | AMEX: EMX)

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About EMX. EMX is a precious and base metals royalty company. EMX’s investors are provided with discovery, development, and commodity price optionality, while limiting exposure to risks inherent to operating companies. The Company’s common shares are listed on the NYSE American Exchange and the TSX Venture Exchange under the symbol EMX. Please see www.EMXroyalty.com for more information.

Scott Close
Director of Investor Relations
Phone: (303) 973-8585
SClose@EMXroyalty.com

Calibre Mining (TSX.V: CXB | OTCQX: CXBMF)

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https://youtu.be/xgpp4ZIpJOo

Russell Ball, Chief Executive Officer stated, “The steps we took to proactively suspend operations in late March put us in a good position for an orderly restart of operations. The team has done a great job managing through a very challenging environment and has enabled us to restart operations in as healthy and safe an environment as is possible, given the circumstances.”

Ryan King
Vice President, Corporate Development & IR
Calibre Mining Corp.
T: (604) 628-1012
E: calibre@calibremining.com
W: www.calibremining.com

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https://youtu.be/_ETiCmPyNLU

Michael Rowley, President and CEO, commented, “We are very pleased to confirm potentially significant values of rhodium in multiple target areas at Stillwater West. Our work targeting this rare and very valuable metal in 2019 not only identified grades that are significantly above the majority of current mine grades, but also identified a potential source of the metal in North America at a time when the US is looking to secure domestic supplies of platinum group elements. At current prices, 0.5 g/t of rhodium is equivalent to more than 5 g/t of platinum, so it quickly adds value as a potential co-product. We now have a much better understanding of the occurrence of rhodium in the lower Stillwater complex, and can target it accordingly in future campaigns based on the success of this program. Stillwater West continues to yield exciting results starting with the broad intercepts of exceptional PGE-Ni-Cu-Co grades reported previously and, more recently, high-grade gold and rhodium results. We look forward to providing further news including updates on 3D modelling work at the most advanced target areas in addition to summaries of our work at reef-type targets, and our plans and expectations for the 2020 field season at Stillwater.”

Group Ten Metals Inc.

Tel: +1 (604) 357-4790
Fax: +1 (604) 648-8573
Toll Free: +1 (888) 432-0075
Email: info@grouptenmetals.com

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

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At Tuvatu, the #1 diamond drill is currently drilling hole TUDDH497 at the same azimuth but 6 degrees steeper than recently completed hole TUDDH496. Both of these holes test the east-west trending Murau lodes, part of the Tuvatu West lode network. Stephen Mann, Managing Director of Lion One commented “We are very excited by the structures identified in the last few holes (TUDDH 494, 495, 496 and 497). We have clearly demonstrated that the structural corridors highlighted in the CSAMT geophysical survey are real and are the host of mineralising fluids. The intervals drilled into these structural corridors have intersected zones of very good alteration including pyrite, carbonate and alkaline feldspars, as well as traces of base metals which have proven to be good pathfinders. In addition, several very fine specks of visible gold have also been recognised. The lodes at Tuvatu West have returned previously reported very high grade intersections including TUDDH371 14.99m @14.28 g/t Au (see News Release 15^th July 2013), TUDDH365 4.31m @ 14.95 g/t Au, and TUDDH364 6.43m @12.74 g/t Au (see News Release 15^th May 2013), and it is expected that TUDDH496 and 497 will add significantly more geological information in the area.” Assays from both of these holes will be reported to the market once they have been finalised.

For further information
Contact Investor Relations
Toll Free (North America) Tel: 1-855-805-1250
Email: info@liononemetals.com
Website: www.liononemetals.com