Category: Precious Metals

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Junior Mining Precious Metals

Labrador Gold Closes $4.3 Million Final Tranche of Non-Brokered Private Placement

Labrador Gold (TSX.V: LAB)


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“This new capital gives us the ability to launch an aggressive exploration campaign on our recently acquired Kingsway Project. Kingsway shows excellent potential for gold mineralization, with significant anomalies found in all media sampled along the northwards extension of the Appleton Fault Zone that appears to be a major control of gold in the district” said Roger Moss, President and CEO of LabGold. “We are currently working to get field crews in place around mid-July and anticipate an exciting summer field season in the Gander area.”

LAB: TSX-V

LABRADOR GOLD

The Kingsway Gold Project consists of two recently acquired claim blocks along strike from the New Found Gold discovery near Gander, Newfoundland that cover over 14km of the potential Appleton fault zone extension. The fault zone is associated with many of the showings, including the recent discovery, on New Found Gold’s Queensway project to the South.

Contact Us

Tel: +1-(416) 704-8291

E-Mail

info@labradorgold.com


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Base Metals Exclusive Interviews Junior Mining Precious Metals Project Generators

RIVERSIDE RESOURCES | Just Positioned Shareholders for $31,000,000 Upside


sprott symposium, proven and probable

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Riverside Resources: (TSX.V: RRI | OTCQB: RVSDF)


https://youtu.be/Kg5KUrLXFgM

In this exclusive, we sit down with Dr. John-Mark Staude the CEO of Riverside Resources as the company has just successfully consummated a Definitive Option Agreement the Los Cuarentas Gold Silver Project to Hochschild Mining PLC. This is quite an accretive transaction demonstrating both the geological and business acumen of Riverside Resources. The terms are quite impressive with a 2 phase earn-in option agreement worth $11 Million with an added buyout of an additional $20 Million with a 1% NSR.

Los Cuarentas is a former near-surface underground gold mine that has features similar to nearby low sulfidation epithermal Au-Ag operations of Premier Gold Mines, Silvercrest Metals, and First Majestic Mining. These characteristics of the gold-silver deposits found at Los Cuarentas include strong argillic and phyllic alteration surrounding low sulfidation epithermal vein systems that host the gold and silver mineralization. The Project is located in northeastern Sonora, Mexico, and 17 km northwest of SilverCrest Metals’ Las Chispas deposit and 15 km northeast of Premier Gold’s Mercedes Mine, which produced 59,901 oz Au and 191,306 oz Ag in 2019 with Premier expecting increased production and lower costs in 20201. The Los Cuarentas Project produced in excess of an estimated 100,000 ounces of gold from historical mine operations during the 1950s.

Riverside completed two sampling programs in 2020 with compelling gold results: including highlights of 25.7 g/t, 18 g/t, 12.3 g/t, and 7.3 g/t Au (see press releases, January 20 & April 21, 2020). Three well-defined drill targets have been developed and a drilling permit has been approved for further exploration and drilling at the Project. The Project can move forward quickly now with Hochschild secured as a partner and has good access from dirt roads leading off of the main paved roads of Sonora, Mexico.

Rick Rule is a long-term shareholder, and with the gold price surging the time is perfect. And you enjoy silver stacking you should consider the merits of becoming a shareholder of RRI has they generative projects focused on gold, silver, and copper. We are proud shareholders of RRI and they are sponsors of Proven and Probable for the virtues conveyed in today’s interview. Website: https://www.rivres.com/


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Junior Mining Precious Metals

Irving Resources Announces Non-Brokered Private Placement with Strategic Investor

Irving Resources (CSE: IRV | OTC: IRVRF)


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Corporate Presentation

About Irving Resources Inc.:

Irving is a junior exploration company with a focus on gold in Japan. Irving also holds, through a subsidiary, a Project Venture Agreement with Japan Oil, Gas and Metals National Corporation (JOGMEC). JOGMEC is a government organization established under the law of Japan, administrated by the Ministry of Economy, Trade and Industry of Japan, and is responsible for stable supply of various resources to Japan through the discovery of sizable economic deposits of base, precious and rare metals.

Additional information can be found on the Company’s website: www.IRVresources.com.


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Base Metals Junior Mining Precious Metals

Group Ten Metals Announces $3 Million Private Placement Financing and Commencement of Field Exploration at Stillwater West

Group Ten Metals (TSX.V: PGE | OTCQB: PGZEF)


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https://youtu.be/_ETiCmPyNLU

President and CEO Michael Rowley stated, “We are very pleased with the level of interest in the Company and our 2020 program from new investors and existing shareholders alike. The Stillwater West PGE-Ni-Cu-Co project, now owned 100% by Group Ten, offers a rare opportunity to participate in a district-scale asset focused on the delineation and development of strategic commodities, in a productive mining district, in the USA. Proceeds from this placement will complement our in-the-money warrants and cash on hand to drive a more robust drill program at Stillwater West this year, where the technical team is now in place advancing earlier stage targets. We are fully permitted and look forward to providing additional details on our exploration plans, plus updates on 3D models now underway at the most advanced target areas.”

Corporate Presentation | grouptenmetals.com/investors/presentations/

Chris Ackerman

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


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Junior Mining Precious Metals

Irving Resources Intersects Multiple Veins in First Three Holes at Omui Mine Site

Irving Resources (CSE: IRV | OTC: IRVRF)

Irving Resources, Proven and Probable

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“We are very pleased with the numerous veins we have seen in our 2020 drill holes from Omui Mine site,” commented Dr. Quinton Hennigh, director and technical advisor to Irving Resources. “We clearly have a lot going on with vein sets following multiple trends. Although we did not see the same veins in the lower part of hole 20OMI-001 that we saw in last year’s hole 19OMI-010, we can now see that these likely follow a southeast trend and dip southwestward meaning we drilled in the footwall of that vein set. At Nanko, our first two holes, 20OMI-002 and 20OMI-003, have encountered multiple veins, some displaying ginguro, a very good sign. Ultimately, it might be that we find that the veins at the bottom of hole 19OMI-010 near Honpi link up with some of the veins we see at Nanko some 400-700 m away. Regardless, we have clearly discovered a robust network of epithermal veins on the property.”

Akiko Levinson,
President, CEO & Director

For further information, please contact:

Tel: (604) 682-3234 Toll free: 1 (888) 242-3234 Fax: (604) 971-0209

info@IRVresources.com


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Junior Mining Precious Metals

Lundin Gold Announces Voting Results from Annual Meeting

Lundin Gold (TSX. LUG)


Press Release

About Lundin Gold

Lundin Gold, headquartered in Vancouver, Canada, owns the Fruta del Norte gold mine in southeast Ecuador.  Fruta del Norte is among the largest and highest-grade gold deposits in the world.

The Company’s board and management team have extensive expertise in mine operations and are dedicated to operating Fruta del Norte responsibly.  The Company operates with transparency and in accordance with international best practices.  Lundin Gold is committed to delivering value to its shareholders, while simultaneously providing economic and social benefits to impacted communities, fostering a healthy and safe workplace and minimizing the environmental impact.  The Company believes that the value created through the development of Fruta del Norte will benefit its shareholders, the Government and the citizens of Ecuador.

Lundin Gold Inc., Ron F. Hochstein, President and CEO, +593 2-299-6400, +1-604-806-3589; Lundin Gold Inc., Sabina Srubiski, Manager, Investor Relations, +1-604-806-3089; info@lundingold.com; www.lundingold.com


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Junior Mining Precious Metals

Calibre Mining Provides Revised 2020 Production and Cost Guidance: Expects Gold Production of Between 110,000 and 125,000 Ounces at Total Cash Costs(1) of Between $880 and $920 an Ounce


Press Release

Russell Ball, Chief Executive Officer, stated, “The phased restart of operations continues as planned with enhanced safety and health protocols in place and we anticipate reaching steady-state production levels in July. With operations suspended for the majority of the second quarter, we now estimate 2020 gold production of between 110,000 and 125,000 ounces, or approximately 20% less than our original guidance.”

For further information, please contact:

Ryan King
Vice President, Corporate Development & IR
Calibre Mining Corp.
T: 604.628.1010
E: calibre@calibremining.com
W: www.calibremining.com

https://youtu.be/xgpp4ZIpJOo

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Base Metals Junior Mining Precious Metals Project Generators

Riverside Resources Options Los Cuarentas Project to Hochschild Mining PLC


Press Release

Riverside’s President and CEO, John-Mark Staude, stated: “We are delighted to partner again with Hochschild Mining in Sonora, Mexico. We both see significant discovery potential at Los Cuarentas and our team is keen to get going in the field with safe, cost-effective exploration work to test a series of drill targets in short order.”

https://youtu.be/KZAGTXnNiKc

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Energy Junior Mining Precious Metals

Metallic Minerals Expands Board of Directors and Technical Advisory Board


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https://youtu.be/ccGcsCdQSt0

Metallic Minerals Chairman and CEO commented: “We are very pleased to announce these additions to the board of directors and our technical advisory board at this time of rapid development of the Company. The extensive and complementary industry experience in mine development, mineral processing and regional exploration that these three individuals bring to the Company builds on the already strong backgrounds of the existing directors and advisory board. We look forward to working with Peter, Doug and Curt going forward and look forward to providing updates on our exciting silver and gold focused projects in the weeks ahead with the launch of exploration activities.”