Categories
Junior Mining Kesselrun Resources Precious Metals Uncategorized

Kesselrun Extends Strike Length on McKellar with Intercept of 6.4 g/t Au over 5.9 Metres

Thunder Bay, Ontario–(Newsfile Corp. – September 23, 2021) – Kesselrun Resources Ltd. (TSXV: KES) (OTC Pink: KSSRF) (“Kesselrun” or the “Company”) is pleased to provide the following drilling results on its Huronian Gold Project.

Continued drilling of the McKellar zone has been successful in confirming the continuity of the mineralization with the discovery of another high-grade structure. The zone has now been extended to over 500 metres in strike length and approximately 100 metres in depth. Further drilling is planned down plunge of these structures as well as along strike to the southwest.

Highlights

  • 21HUR091 intercepted 47.8 g/t Au over 0.6 m within a 5.9 m wide zone which averaged 6.4 g/t Au
  • 21HUR079 intercepted 22.2 g/t Au over 0.6 m within a 28.8 m wide zone which averaged 1.0 g/t Au
  • 21HUR077 intercepted 13.7 g/t Au over 1.0 m as well as an 11.0 m wide zone averaged 0.7 g/t Au
  • 21HUR076 intercepted 6.3 g/t Au over 1.5 m within a 19.4 m wide zone which averaged 1.1 g/t Au



Figure 1: Schematic Long Section – McKellar Zone

To view an enhanced version of Figure 1, please visit:
https://orders.newsfilecorp.com/files/4206/97355_25772500c43d99e7_001full.jpg



Figure 2: drill core 21HUR091 49.7 to 57.9 metres – McKellar Zone

To view an enhanced version of Figure 2, please visit:
https://orders.newsfilecorp.com/files/4206/97355_25772500c43d99e7_002full.jpg

Michael Thompson, P.Geo., President and CEO of the Company, commented, “Our drilling on the McKellar zone is proving our model of numerous high-grade structures within a wider zone of gold mineralization. Future drilling on McKellar will focus on extending those known high-grade structures at depth as well as building on the impressive 500 metres of strike length already outlined.”



Figure 3: Schematic Cross Section – McKellar Zone – 21HUR079, 091

To view an enhanced version of Figure 3, please visit:
https://orders.newsfilecorp.com/files/4206/97355_25772500c43d99e7_003full.jpg

The 2021 Huronian drill program is budgeted at 20,000 metres targeting the Fisher, Fisher North, McKellar and Huronian zones, all in close proximity along an approximate 1500 m strike length in the area of the historic Huronian Mine. The area also has tremendous potential for discovery of new wide zones of significant gold mineralization in light of the new revised mineralization model.

As of this news release, approximately 15,000 metres has been drilled of which the results from approximately 8,000 metres of drilling have been released.



Figure 4: Schematic Plan Map – McKellar Zone – Huronian Project

To view an enhanced version of Figure 4, please visit:
https://orders.newsfilecorp.com/files/4206/97355_25772500c43d99e7_004full.jpg

Table 1: Summary of Significant Drill Intercepts – Current News Release (1)

Hole IDZoneFrom (m)To (m)Interval (m)Au (g/t)
21HUR076McKellar107.1126.519.41.1
including118.2119.71.56.3
21HUR077McKellar FW8.29.21.013.7
McKellar80.891.811.00.7
21HUR079McKellar3.031.828.81.0
including3.03.60.622.2
21HUR088McKellar48.163.615.50.7
including50.160.110.01.0
McKellar HW163.6164.50.96.6
21HUR090McKellar89.6102.913.30.7
including90.891.40.67.3
21HUR091McKellar50.156.05.96.4
including51.852.40.647.8
21HUR092McKellar36.681.535.30.3
21HUR093McKellar14.754.940.20.3
including50.251.00.86.7

(1) Widths are drill indicated core length as insufficient drilling has been undertaken to determine true widths at this time. Average grades are calculated with un-capped gold assays as insufficient drilling has been completed to determine capping levels for higher grade gold intercepts.

About the Huronian Gold Project

The 100% owned Huronian Gold Project hosts the past producing Huronian Mine, Northwestern Ontario’s first gold mine with an historic resource estimate of 44,592 oz Au at an average grade of 15.3 g/t Au in the indicated category and 501,377 oz Au at an average grade of 14.4 g/t Au in the inferred category. The resource estimate presented for the Huronian Project is historic in nature. Kesselrun Resources’ qualified person has not completed sufficient work to confirm the results of the historical resource. Kesselrun Resources is not treating this as a current mineral resource but is considering it relevant as a guide to future exploration and is included for reference purposes only. The historic resource was estimated by Minescape Exploration Inc. in 1998. Further drilling will be required by Kesselrun Resources to verify the historic estimate as current mineral resources.

As well, the Huronian Gold Project hosts the same lithological package of rocks, as interpreted from both Government of Ontario and Kesselrun Resources mapping, compilation and modelling, on strike from Wesdome Gold’s adjacent Moss Lake Gold Deposit with a resource estimate of 1,377,300 oz Au at an average grade of 1.1 g/t Au in the indicated category and 1,751,600 oz Au at an average grade of 1.1 g/t Au in the inferred category as outlined in their 2013 PEA2. Mineralization hosted on adjacent and/or nearby properties is not necessarily indicative of mineralization hosted on Kesselrun Resources’ property.

(2)Moss Lake Gold Mines (currently wholly owned subsidiary of Wesdome Gold) news releases February 20, 2013 and September 9, 2013.

On January 26, 2021, Wesdome announced that the Moss Lake Project would be purchased by Goldshore Resources Inc. (see Wesdome and Goldshore news releases dated January 26, 2021).

Qualified Person

Michael Thompson, P.Geo., President and CEO of Kesselrun, is the Qualified Person responsible for the project as defined by National Instrument 43-101 and has approved the technical information in this news release.

QAQC

Kesselrun has implemented a quality control program to comply with industry best practices for sampling, chain of custody and analyses. Certified gold reference standards, blanks and duplicates are inserted at the core processing site as part of the QA/QC program in addition to the control samples inserted by the lab. Samples are prepared and analyzed by Activation Laboratories in Thunder Bay. Samples are analyzed for gold using Fire Assay-AA techniques. Samples returning over 10 g/t gold are analyzed using Fire Assay-Gravimetric methods. Selected samples are also analyzed with a standard 1 kg metallic screen fire assay. All results reported herein have passed QA/QC protocols.

Health and Safety

The health and safety of our personnel and contractors is always top priority to Kesselrun. The current situation presents new challenges above and beyond what we normally face while working in the field. Kesselrun has implemented further measures to ensure the health and safety of all working on the Company’s projects.

About Kesselrun Resources Ltd.

Kesselrun Resources is a Thunder Bay, Ontario-based mineral exploration company focused on growth through property acquisitions and discoveries. Kesselrun’s management team possesses strong geological and exploration expertise in Northwest Ontario. For more information about Kesselrun Resources, please visit www.kesselrunresources.com.

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 news release.

For additional information please contact:

Kesselrun Resources Ltd.

Michael Thompson, P.Geo., President & CEO
807.285.3323
michaelt@kesselrunresources.com

Corporate Communications
1.866.416.7941
information@kesselrunresources.com

Forward-Looking Statements – Certain information set forth in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. These forward-looking statements are subject to numerous risks and uncertainties, certain of which are beyond the control of Kesselrun, including, but not limited to the impact of general economic conditions, industry conditions, volatility of commodity prices, dependence upon regulatory approvals, the execution of definitive documentation, the availability of financing and exploration risk. Readers are cautioned that the assumptions used in the preparation of such information, although considered reasonable at the time of preparation, may prove to be imprecise and, as such, undue reliance should not be placed on forward-looking statements.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/97355

Categories
Base Metals Energy Hotchili Junior Mining Uncategorized

Costa Fuego Lifts Growth Horizon

Hot Chili Limited (ASX: HCH) (OTCQB: HHLKF) (“Hot Chili” or “Company”) is pleased to announce that it is preparing to commence drilling a series of large-scale exploration targets in parallel with resource expansion drilling at its Costa Fuego copper-gold development hub in Chile.

Highlights

Advanced Three-Dimensional (3D) Geochemical targeting,using multielement surface geochemical data, has been applied for the first time across Hot Chili’s consolidated Costa Fuego copper-gold development hub in Chile
The 3D geochemical approach generated probability models which accurately mirrored existing copper resource models at both Cortadera and Productora
Two, large-scale, 3D geochemical targets have been identified as high probability for immediate drill testing– Productora Central and Santiago Z – both considered potential game changers for Costa Fuego’s growing resource base
Both new 3D geochemical targets are larger in size than the main porphyry (Cuerpo 3) at the Company’s Cortadera copper-gold discovery, where three drill rigs are currently operating to upgrade its maiden 451Mt resource
A fourth drill rig is being secured to commence exploration drilling at Productora Central in Q4 this year and regulatory approval for drilling at Santiago Z is expected in December.
Next assay results from resource expansion drilling at Cortadera expected shortly
To access the announcement please click on the link below.

Download full announcement here

Logging core at Cortadera
View looking SE across Productora – New, large 3D geochemical target set to be drilled in Q4 this year

Cortadera Copper Project
Cortadera’s maiden Mineral Resource positions Hot Chili with the largest copper Mineral Resource and one of the largest gold Mineral Resources for an ASX-listed emerging company.

The Cortadera maiden Mineral Resource of 451Mt at 0.46% copper equivalent (CuEq) takes the total Mineral Resource estimate for Costa Fuego (Cortadera, Productora & El Fuego) to 724Mt at 0.48% CuEq for 2.9Mt copper, 2.7Moz gold, 9.9Moz Silver and 64kt molybdenum. Cortadera also contains a higher grade component of 104Mt at 0.74% CuEq, and this has strong potential to continue growing rapidly with further drilling.

View the Cortadera Project

Hot Chili Limited
Head Office (Perth)
First Floor, 768 Canning Highway,
Applecross, Western Australia 6153

P: 08 9315 9009

Categories
Junior Mining Labrador Gold Uncategorized

Labrador Gold Intersects 128.51 g/t Gold Over 1.12 Metres at Big Vein, Kingsway Project

Figure 1

Big Vein Plan Map.
Long section of the HTC Zone.
Big Vein Plan Map.

Figure 2

Long section of the HTC Zone.

TORONTO, Sept. 16, 2021 (GLOBE NEWSWIRE) — Labrador Gold Corp. (TSX.V:LAB | OTCQX:NKOSF | FNR: 2N6) (“LabGold” or the “Company”) is pleased to announce further high-grade intercepts of near surface gold mineralization along the Appleton Fault Zone at its 100% controlled Kingsway project near Gander, Newfoundland. These holes were drilled as part of the Company’s 50,000 metre drill program. The Kingsway project is located in the highly prospective central Newfoundland gold belt.

Three holes K-21-47, -48, and -49 all contained intervals grading more than 12g/t Au. Hole K-21-47 intersected 128.51 g/t Au over 1.12m from 168 metres in the HTC Zone which represents a “metal factor” (grade x width) of 143.9 g/t Au x m*. Hole K-21-48 intersected 35.7 g/t Au over 1.55m from 12.22m and hole K-21-49 intersected 9.6g/t Au over 10m from 51m, including 76.86g/t Au over 1m. Both intersections in holes K-21-48 and -49 are in the Big Vein Zone. A summary of the high-grade intersections, as well as other holes with assays recently received, are given in Table 1 below. *The width used to calculate metal factor is downhole width as there is insufficient information to calculate true width.

Table 1. Assay highlights

Hole IDFromtowidthAu (g/t)Zone
K-21-495161109.6Big Vein
Including**5758175.86
and6061112.31
K-21-487811.01Big Vein
**12.2213.771.5535.7
K-21-47777811.25Big Vein
126.741292.262.06
**168169.121.12128.51HTC
K-21-46515211.54Big Vein
K-21-45nsv
K-21-4481021.37Big Vein
151721.15
K-21-38495022.23
K-21-35nsv
k-21-34727311.07HTC
767711.3
939411
K-21-2513.314.41.11Big Vein
182021.65
434411.2
10410842.41HTC
K-21-24nsv
K-21-23343514.01Big Vein
11912011.32HTC
12913011.84

**Interval contains visible gold. nsv No significant values.
All intersections are downhole length as
there is insufficient Information to calculate true width.

“We continue to be encouraged by the high-grade gold mineralization intersected in the HTC Zone. The intersection in hole K-21-47 is the deepest of the +100 g/t Au x m intervals drilled to date,” said Roger Moss, President and CEO of the Company. “The two high-grade intercepts of 35.7g/t and 75.86g/t Au in the near surface Big Vein Zone are also significant, as they are approximately 150 metres apart and demonstrate that the high grades persist along strike to the southwest. Drilling continues to test this trend to the southwest.”

Figure 1. Big Vein Plan Map.
https://www.globenewswire.com/NewsRoom/AttachmentNg/1f1dae39-8b88-4f02-9de7-213f38bf921a

Figure 2. Long section of the HTC Zone.
https://www.globenewswire.com/NewsRoom/AttachmentNg/f5dfd1e8-e0f7-4f01-9158-844baa80eb2d

Table 2. Drill hole Collar details

Hole IDEastingNorthingAzimuthDipTotal depth
K-21-49661490543513413045261.5
K-21-4866158954352039040122
K-21-47661597543525014065266
K-21-46661597543525012045164
K-21-45661534543517332045404
K-21-4466159654352189070276
K-21-38661596543521812052107
K-21-35661596543521812045167
K-21-34661534543517313045248
K-21-25661442543509713045248
K-21-24661562543524432845269
K-21-23661562543524414860233

Big Vein target

The Big Vein target is an auriferous quartz vein exposed at surface that has been traced over 400 metres at surface along the Appleton Fault Zone. It lies within a larger northeast-southwest trending “quartz vein corridor” that stretches for over 7.5 kilometres as currently outlined, with potential for expansion along the 12km strike length of the Appleton Fault Zone in both directions. Gold mineralization observed at Big Vein includes visible gold in quartz veins, assays of samples from which range from 1.87g/t to 1,065g/t gold. The visible gold is typically hosted in annealed and vuggy gray quartz, that is locally stylolitic with vugs often containing euhedral quartz infilling features characteristic of epizonal gold deposits.

The ongoing 50,000 metre drill program has tested Big Vein over approximately 200 metres of strike length of the 400m surface exposure and to vertical depths of 175 metres. Drilling has produced visible gold in 11 drill holes giving high grade intercepts as well as wide areas of gold mineralization associated with significant quartz veining and sulphide mineralization including arsenopyrite, pyrite and possible boulangerite noted along vein margins and as strong disseminations in the surrounding wall rocks.

Matthieu Lapointe has resigned as Vice President Exploration. We thank Matt for his guidance over the past year during which the Company made the significant high-grade epizonal gold discovery at Big Vein. We wish him all the best in his future endeavours.

QA/QC

True widths of the reported intersections have yet to be calculated. Assays are uncut. Samples of HQ split core are securely stored prior to shipping to Eastern Analytical Laboratory in Springdale, Newfoundland for assay. Eastern Analytical is an ISO/IEC17025 accredited laboratory. Samples are routinely analyzed for gold by standard 30g fire assay with ICP (inductively coupled plasma) finish with samples containing visible gold assayed by metallic screen/fire assay. The company submits blanks and certified reference standards at a rate of approximately 5% of the total samples in each batch.

Qualified Person

Roger Moss, PhD., P.Geo., President and CEO of LabGold, a Qualified Person in accordance with Canadian regulatory requirements as set out in NI 43-101, has read and approved the scientific and technical information that forms the basis for the disclosure contained in this release.

The Company gratefully acknowledges the Newfoundland and Labrador Ministry of Natural Resources’ Junior Exploration Assistance (JEA) Program for its financial support for exploration of the Kingsway property.

About Labrador Gold
Labrador Gold is a Canadian based mineral exploration company focused on the acquisition and exploration of prospective gold projects in Eastern Canada.

In early March 2020, Labrador Gold acquired the option to earn a 100% interest in the Kingsway project in the Gander area of Newfoundland. The three licenses comprising the Kingsway project cover approximately 16km of the Appleton fault zone which is associated with gold occurrences in the region, including the New Found Gold discovery. Infrastructure in the area is excellent located just 18km from the town of Gander with road access to the project, nearby electricity and abundant local water. LabGold recently increased its 20,000 metre diamond drill program to 50,000 metres targeting high-grade epizonal gold mineralization following encouraging early results. The Company has approximately $35 million in working capital and is well funded to carry out the planned program.

The Hopedale property covers much of the Hunt River and Florence Lake greenstone belts that stretch over 80 km. The belts are typical of greenstone belts around the world but have been underexplored by comparison. Initial work by Labrador Gold during 2017 show gold anomalies in soils and lake sediments over a 3 kilometre section of the northern portion of the Florence Lake greenstone belt in the vicinity of the known Thurber Dog gold showing where grab samples assayed up to 7.8g/t gold. In addition, anomalous gold in soil and lake sediment samples occur over approximately 40 kilometres along the southern section of the greenstone belt (see news release dated January 25th 2018 for more details). Labrador Gold now controls approximately 57km strike length of the Florence Lake greenstone belt.

The Company has 152,885,539 common shares issued and outstanding and trades on the TSX Venture Exchange under the symbol LAB.

For more information please contact:

Roger Moss, President and CEO Tel: 416-704-8291

Or visit our website at: www.labradorgold.com

Twitter: @LabGoldCorp

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

Forward-Looking Statements: This news release contains forward-looking statements that involve risks and uncertainties, which may cause actual results to differ materially from the statements made. When used in this document, the words “may”, “would”, “could”, “will”, “intend”, “plan”, “anticipate”, “believe”, “estimate”, “expect” and similar expressions are intended to identify forward-looking statements. Such statements reflect our current views with respect to future events and are subject to risks and uncertainties. Many factors could cause our actual results to differ materially from the statements made, including those factors discussed in filings made by us with the Canadian securities regulatory authorities. Should one or more of these risks and uncertainties, such as actual results of current exploration programs, the general risks associated with the mining industry, the price of gold and other metals, currency and interest rate fluctuations, increased competition and general economic and market factors, occur or should assumptions underlying the forward-looking statements prove incorrect, actual results may vary materially from those described herein as intended, planned, anticipated, or expected. We do not intend and do not assume any obligation to update these forward-looking statements, except as required by law. Shareholders are cautioned not to put undue reliance on such forward-looking statements.

Categories
Base Metals Energy Junior Mining Project Generators Skyharbour Resources Uncategorized

Skyharbour Resources Receives $585,000 from Warrant and Option Exercises

VANCOUVER, British Columbia, Sept. 15, 2021 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH(OTCQB: SYHBF) (Frankfurt: SC1P(the “Company”) is pleased to announce it has it has received an aggregate CAD $584,995 from the exercise of share purchase warrants and stock options since its news release dated August 11th, 2021. A total of 2,191,111 warrants and stock options have been exercised with a batch of options expiring on Sept. 29th.

The Company has also entered into an agreement with Think Inc. to provide strategic digital media and consulting services to the Company. Think Inc. delivers services to a diverse group of clients across North America, providing strategic digital media services, marketing and data analytic services. The Company and Think Inc. act at arm’s length. Under the terms of the agreement, Think Inc. will provide strategic digital media services including marketing services, news dissemination, data analytics services, content development, media buying and distribution, campaign reporting and optimization, as well as potentially attracting option / joint venture partners for business opportunities. The Company has agreed to pay Think Inc. a total initial cost of USD $300,000 over an expected 6-month period.

About Skyharbour Resources Ltd.:

Skyharbour holds an extensive portfolio of uranium exploration projects in Canada’s Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with six drill-ready projects covering over 250,000 hectares of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project which is located 15 kilometres east of Denison’s Wheeler River project and 39 kilometres south of Cameco’s McArthur River uranium mine. Moore is an advanced stage uranium exploration property with high grade uranium mineralization at the Maverick Zone that returned drill results of up to 6.0% U3O8 over 5.9 metres including 20.8% U3Oover 1.5 metres at a vertical depth of 265 metres. The Company is actively advancing the project through drill programs.

Skyharbour has a joint-venture with industry-leader Orano Canada Inc. at the Preston Project whereby Orano has earned a 51% interest in the project through exploration expenditures and cash payments. Skyharbour now owns a 24.5% interest in the Project. Skyharbour also has a joint-venture with Azincourt Energy at the East Preston Project whereby Azincourt has earned a 70% interest in the project through exploration expenditures, cash payments and share issuance. Skyharbour now owns a 15% interest in the Project. Preston and East Preston are large, geologically prospective properties proximal to Fission Uranium’s Triple R deposit as well as NexGen Energy’s Arrow deposit.

The Company also owns a 100% interest in the South Falcon Uranium Project on the eastern perimeter of the Basin, which contains a NI 43-101 inferred resource totaling 7.0 million pounds of U3Oat 0.03% and 5.3 million pounds of ThO2 at 0.023%. Skyharbour has signed a Definitive Agreement with ASX-listed Valor Resources on the Hooke Lake (previously North Falcon Point) Uranium Project whereby Valor can earn-in 80% of the project through $3,500,000 in total exploration expenditures, $475,000 in total cash payments over three years and an initial share issuance.

Skyharbour’s goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.

Skyharbour’s Uranium Project Map in the Athabasca Basin:
http://skyharbourltd.com/_resources/maps/SYH-Athabasca-Map.jpg

Qualified Person:

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed and approved by Richard Kusmirski, P.Geo., M.Sc., Skyharbour’s Head Technical Advisor and a Director, as well as a Qualified Person.

To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Company’s website at www.skyharbourltd.com.

SKYHARBOUR RESOURCES LTD.

“Jordan Trimble”
____________________________________
Jordan Trimble
President and CEO

For further information contact myself or:
Riley Trimble
Corporate Development and Communications
Skyharbour Resources Ltd.
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@skyharbourltd.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

This release includes certain statements that may be deemed to be “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.

Categories
Junior Mining Precious Metals Rover Metals Uncategorized

Rover Metals Announces Phase 2 Exploration Drilling to Commence at Uptown Gold Project

VANCOUVER, British Columbia, Sept. 14, 2021 (GLOBE NEWSWIRE) — Rover Metals Corp. (TSXV: ROVR) (OTCQB: ROVMF) (FRA:4X0) (“Rover” or the “Company”) is pleased to announce that Phase 2 Exploration Drilling is set to commence at the Up Town Gold project, NWT, Canada (60th parallel) on September 30, 2021.The Company has optioned a 75% interest in the project to Melius Capital Corp (“Melius Capital”). Melius Capital is seeking a public listing of its shares on the Canadian Securities Exchange (the “CSE”) in Q4-2021, and expects to change its name to Artic Fox Minerals. Eligible shareholders can find more information about the Melius Capital public listing here.

Up Town Gold Project

The Up Town Gold project is located on the outskirts of city limits of the city of Yellowknife. The Up Town Gold project is an Archean lode-gold prospect adjoining the historic 7.2 million ounces1 (0.564 ounces per tonne Au or 16 g/t Au) Giant Mine gold deposit in Yellowknife, Northwest Territories and Gold Terra Resources’ (TSXV: YGT) Yellowknife City Gold Project. The 3,227 hectare property hosts ten high-grade gold occurrences. Most work to date has been conducted at the Rod Vein which was drilled to a shallow depth in the 1960’s and mined on a small scale in 1979 by previous owners. Recent historic surface sampling at the Rod Vein returned grab samples up to 318 g/t Au and channel samples up to 1.20 m @ 17.27 g/t Au2. Drilling by Rover Metals in 2017 at the Rod Vein returned significant gold intersections in all of three holes drilled with best results of 5.4 m @ 4.28 g/t Au including 0.9 m @ 22.10 g/t Au (Rover Metals Press Release dated October 4, 2017). At the Fox South zone, a different style of wide, disseminated, shear zone hosted mineralization returned historic surface samples up to 30.3 g/t Au. Rover tested the Fox South zone with three drill holes in 2017 with best results of 7.1 m @ 0.62 g/t Au including 0.3 m @ 5.12 g/t Au.

Phase 2 Exploration Drill Program
The north-east quadrant of the property, adjoining Gold Terra’s Yellowknife City Gold Project, to the north of the city of Yellowknife, has remained largely unexplored in recent years. The north-east quadrant is now the focus of the Phase 2 Exploration Drill program. Specifically, the No.1 Vein, the J-7 Vein, and the Big Vein have not seen any drilling since the 1960’s. In 1964, the No. 1 Vein reported a historic drill intersection of 34.3 g/t Au over 0.7 meters2. The J-7 Vein reported a drill intersection of 1.33 g/t over 1.77 meters2. Subsequent sampling by Manson Creek in 2012 at J-7 returned 2.1 meters @ 7.99 g/t Au from a chip sample and 6.3 meters @ 3.98 g/t Au (including 1.55 meters @ 15.74 g/t Au) from a sawn channel sample2. The Big Vein reported a 1963 drill intersection of 34.3 g/t Au over 0.7 meters2. Recent geophysics conducted in H1-2021 by Melius Capital has further helped to delineate the drill targets for each of the No.1 Vein, the J-7 Vein and the Big Vein.

  1. Silke, R. 2009. The Operational History of Mines in the Northwest Territories, Canada. Tables 3,4,5,and 6 from pages 266, 269, and 270.
  2. The Up Town Gold property contains eight principle showings documented in the NWT mineral showing database (NORMIN).

Historic property scale geochemical and geophysical surveys defined several large-scale structural corridors localizing the principal gold showings and parallel to the Giant Shear Zone in the Yellowknife Greenstone Belt. Mineralization at the Up Town Gold property is granitoid-hosted and belongs to the recently-recognized class of Archean granitoid-hosted lode gold deposits. Prominent examples include Woodcutters Goldfields in Australia; Buzwagi in Tanzania; Renabie, Cote Lake, Hammond Reef and Hasaga in Ontario; and several mines in the Bourlamarque Batholith in Quebec.

Judson Culter, CEO at Rover Metals, states “We are excited to see more gold exploration commence in and around Yellowknife Campbell Shear. The Yellowknife jurisdiction has really been heating up with several competing junior miners in the area recently disclosing multi-million-ounce gold resources. Last year, when Newmont optioned off some of its Con Mine claims to Gold Terra, there was a renewed sentiment of future economic growth in the mining sector for the city.”

Technical information in this news release has been approved by Raul Sanabria, M.Sc., P.Geo., Technical Advisor and shareholder of Rover Metals Corp. and a Qualified Person for the purposes of National Instrument 43-101.

About Rover Metals

Rover is a precious metals exploration company specialized in North American precious metal resources, that is currently advancing the gold potential of its existing projects in the Northwest Territories of Canada (60th parallel). The Company commenced Phase 2 Exploration at its 100% owned Cabin Gold Project in the summer of 2021, and exploration work continues at Cabin Gold through to the date of this release.

You can follow Rover on its social media channels:

Twitter: https://twitter.com/rovermetals

LinkedIn: https://www.linkedin.com/company/rover-metals/

Facebook: https://www.facebook.com/RoverMetals/

for daily company updates and industry news, and

YouTube: https://www.youtube.com/channel/UCJsHsfag1GFyp4aLW5Ye-YQ?view_as=subscriber

for corporate videos.

Website: https://www.rovermetals.com/

ON BEHALF OF THE BOARD OF DIRECTORS
“Judson Culter”
Chief Executive Officer and Director

For further information, please contact:
Email: info@rovermetals.com
Phone: +1 (778) 754-2617

Statement Regarding Forward-Looking Information

This news release contains statements that constitute “forward-looking statements.” Such forward-looking statements involve known and unknown risks, uncertainties and other factors that may cause Rover’s actual results, performance or achievements, or developments in the industry to differ materially from the anticipated results, performance or achievements expressed or implied by such forward-looking statements. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects,” “plans,” “anticipates,” “believes,” “intends,” “estimates,” “projects,” “potential” and similar expressions, or that events or conditions “will,” “would,” “may,” “could” or “should” occur. There can be no assurance that such statements be prove to be accurate. Actual results and future events could differ materially from those anticipated in such statements, and readers are cautioned not to place undue reliance on these forward-looking statements. Any factor could cause actual results to differ materially from Rover’s expectations. Rover undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

THE FORWARD-LOOKING INFORMATION CONTAINED IN THIS NEWS RELEASE REPRESENTS THE EXPECTATIONS OF THE COMPANY AS OF THE DATE OF THIS NEWS RELEASE AND, ACCORDINGLY, IS SUBJECT TO CHANGE AFTER SUCH DATE. READERS SHOULD NOT PLACE UNDUE IMPORTANCE ON FORWARD-LOOKING INFORMATION AND SHOULD NOT RELY UPON THIS INFORMATION AS OF ANY OTHER DATE. WHILE THE COMPANY MAY ELECT TO, IT DOES NOT UNDERTAKE TO UPDATE THIS INFORMATION AT ANY PARTICULAR TIME EXCEPT AS REQUIRED IN ACCORDANCE WITH APPLICABLE LAWS.

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.

Categories
Base Metals Emx Royalty Energy Junior Mining Precious Metals Project Generators Uncategorized

EMX to Receive Initial Royalty Payment from the Caserones Copper-Molybdenum Mine in Northern Chile

Vancouver, British Columbia–(Newsfile Corp. – September 14, 2021) –  EMX Royalty Corporation (NYSE American: EMX) (TSXV: EMX) (FSE: 6E9) (the “Company“, or “EMX“) is pleased to announce that it expects to receive an initial quarterly after-tax payment of approximately US$974,000 from the Company’s effective 0.418% net smelter return royalty (“NSR“) interest in the Caserones Copper-Molybdenum Mine (“Caserones“) in northern Chile. This payment to EMX, anticipated later this month, is based upon second quarter (“Q2”,i.e., April – June) royalty distributions for copper and molybdenum production.

As previously reported, EMX formed a 50%-50% strategic partnership with Altus Strategies Plc (“Altus“) (AIM: ALS; TSX Venture: ALTS; OTCQX: ALTUF) to acquire an effective 0.836% NSR royalty on Caserones (the “Caserones Royalty“) for US$68.2 million. EMX and Altus each control an effective 0.418% royalty interest after each contributed US$34.1 million towards the Caserones Royalty purchase price (see EMX news releases dated August 17, August 23, and September 3, 2021). The effective date of the Caserones Royalty acquisition was April 1, 2021, and as a result will include proceeds from Q2, 2021, thereby establishing immediate cash flow to EMX.

EMX’s effective royalty interest in the Caserones Royalty has secured a source of long-term proceeds from copper-molybdenum production in one of the world’s top copper mining regions.

Eric P. Jensen, CPG, a Qualified Person as defined by National Instrument 43-101 and an employee of the Company, has reviewed, verified, and approved the disclosure of the technical information contained in this news release.

About EMX. EMX is a precious, base and battery 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 TSX Venture Exchange under the symbol “EMX”, as well as on the Frankfurt exchange under the symbol “6E9”. Please see www.EMXroyalty.com for more information.

For further information contact:

David M. Cole
President and Chief Executive Officer
Phone: (303) 979-6666
Dave@EMXroyalty.com

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

Isabel Belger
Investor Relations (Europe)
Phone: +49 178 4909039
Ibelger@EMXroyalty.com

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

Forward-Looking Statements

This news release may contain “forward looking statements” that reflect the Company’s current expectations and projections about its future results. These forward-looking statements may include statements regarding completion of the second closing of the Caserones royalty purchase, , expected cash flows from EMX’s interest in the Caserones royalty, perceived merits of properties, exploration results and budgets, mineral reserves and resource estimates, work programs, capital expenditures, timelines, strategic plans, market prices for precious and base metal, or other statements that are not statements of fact. When used in this news release, words such as “estimate,” “intend,” “expect,” “anticipate,” “will”, “believe”, “potential”, “upside” and similar expressions are intended to identify forward-looking statements, which, by their very nature, are not guarantees of the Company’s future operational or financial performance, and are subject to risks and uncertainties and other factors that could cause the Company’s actual results, performance, prospects or opportunities to differ materially from those expressed in, or implied by, these forward-looking statements. These risks, uncertainties and factors may include, but are not limited to: failure of the vendors under the Share Purchase Agreement to perform their obligations, fluctuations in or problems with production from the Caserones mine, unavailability of financing, failure to identify commercially viable mineral reserves, fluctuations in the market valuation for commodities, difficulties in obtaining required approvals for the development of a mineral project, increased regulatory compliance costs, expectations of project funding by joint venture partners and other factors. It is possible EMX may not complete the transaction, as a result of failure to fulfill conditions of closing, unavailability of financing or for other reasons EMX cannot anticipate at this time.

Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date of this news release or as of the date otherwise specifically indicated herein. Due to risks and uncertainties, including the risks and uncertainties identified in this news release, and other risk factors and forward-looking statements listed in the Company’s MD&A for the quarter ended June 30, 2021 and the year ended December 31, 2020 (the “MD&A”), and the most recently filed Revised Annual Information Form (the “AIF”) for the year ended December 31, 2020, actual events may differ materially from current expectations. More information about the Company, including the MD&A, the AIF and financial statements of the Company, is available on SEDAR at www.sedar.com and on the SEC’s EDGAR website at www.sec.gov.info 

EMX Royalty Corp.

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Categories
Base Metals Energy Junior Mining Project Generators Skyharbour Resources Uncategorized

Skyharbour Intersects High Grade Uranium Mineralization at Maverick East Zone with Drill Results of 2.54% U3O8 over 6.0m including 6.80% U3O8 over 2.0m; Additional Assays Pending and Drilling to Continue

VANCOUVER, British Columbia, Sept. 14, 2021 (GLOBE NEWSWIRE) — Skyharbour Resources Ltd. (TSX-V: SYH) (OTCQB: SYHBF) (Frankfurt: SC1P(the “Company”) is pleased to announce the initial set of diamond drill results from its 2021 summer diamond drilling program at its 100% owned, 35,705 hectare Moore Uranium Project, located approximately 15 kilometres east of Denison Mine’s Wheeler River project and proximal to regional infrastructure for Cameco’s Key Lake and McArthur River operations in the Athabasca Basin, Saskatchewan. Drillhole ML21-03 intersected additional high grade, basement hosted uranium mineralization at the Maverick East Zone. This hole returned 2.54% U3O8 over 6.0 metres including 6.80% U3Oover 2.0 metres. Furthermore, drilling on the regional Grid 19 target identified several prospective geological features that are indicative of uranium mineralizing systems.

Moore Uranium Project Claims Map:
http://skyharbourltd.com/_resources/maps/MooreLakeRegionalTenure.jpg

Highlights:

  • Hole ML21-03 was drilled within the eastern half of the Maverick East Zone. This hole intersected predominantly basement-hosted uranium mineralization and returned 2.54% U3O8 over 6.0 metres from 276.0 to 282.0 metres, including 6.8.0% U3O8 over 2.0 metres from 278.5 to 280.5 metres. The uranium mineralization is accompanied by intense clay alteration of pelitic assemblages below the unconformity as well as up to 0.83% Cu and 0.73% Ni in half metre sample intervals.
  • The mineralized intercept in hole ML21-02 occurs in a broad zone that returned 0.19% U3O8 over an 11.7 metre interval from 271.8 to 283.5 metres downhole. This mineralization straddles the unconformity, with most of the interval within basement rocks comprised of sheared, clay-altered to -replaced felsic intrusives. The intercept confirms continuity within the central portion of the Maverick East Zone.
  • Substantial portions of the 4.7 kilometre long Maverick corridor remain to be systematically drill tested leaving robust discovery potential along strike as well as at depth in the basement rocks.
  • Drill holes ML21-07, -08 and -09 were the first holes drilled within the regional Grid 19 target area, where two prospective EM conductors were identified by this winter’s SML-EM geophysical program. All three holes intersected highly prospective altered, graphitic and sulphide bearing basement lithologies. The pending geochemical results will further define the prospectivity of this area for winter follow-up when frozen conditions will facilitate additional drilling.
  • Final assay results are pending for seven more drill holes.
  • Additional drilling of 1,500 to 2,000 metres in four to five holes has commenced at Moore.

Jordan Trimble, President and CEO of Skyharbour Resources, stated: “We are thrilled with the first batch of drill results announced herein highlighted by drill hole ML21-03 which returned the best intercept to date in the basement rocks at the Maverick East Zone. Our geological team is continuing to explore for higher grade uranium mineralization along strike and down plunge at this zone with an expanded drill program. We are successfully increasing the size of the high grade zones at the Maverick corridor and these results illustrate the notable discovery upside potential at the Project especially in the basement rock feeder-zones which have had limited drill-testing historically. Furthermore, there is good progress being made at regional targets at Moore and we intend to follow up on other high-priority targets throughout the Project. The remaining assay results from the drill program are pending which will provide additional news flow in the months to come amidst a significant resurgence in the uranium market.”

Summary of 2021 Drilling Program to Date:

Drilling to date in 2021 on the Moore Project has totalled 4,578 metres in thirteen holes. Seven holes (ML21-01 to -05 and ML21-12 and -13) were drilled on the Maverick East Zone, three on the Esker Target (ML21-06, -10, -11) and three on the Grid 19 Target conductors (ML21-07 to -09). Complete results for holes ML21-01 to -05 have been received and reported herein, while samples for the latter seven holes have been delivered to the SRC Geoanalytical Laboratories in Saskatoon. After a short break in the drill program, field crews have remobilized to Moore and an anticipated 1,500 to 2,000 metres in four to five holes are yet to be drilled. This expanded drill program will test targets identified by prior modelling down plunge of the Maverick East zone, an untested gap between the Main Maverick and the Maverick East Zones as well as targets at the west end of the Main Maverick Zone where the geochemistry (pathfinders) and geology are strongly indicative of a potentially uraniferous mineralizing system.

Moore Uranium Project Regional Grid Targets Map:
http://skyharbourltd.com/_resources/maps/Moore-Lake-Property-Wide.jpg

Maverick East Zone Drilling:

Drill hole ML21-01 was drilled just west of hole ML20-12 which had intersected 0.28% U3O8 over 17.9 metres in the winter of 2020. Hole ML21-01 intersected a broad interval of uranium mineralization returning 0.07% U3O8, beginning at 268.8 metres and extending 18.2 metres to encompass both sandstone and basement lithologies. This hole migrated well into the footwall and intersected structurally disrupted and clay altered to replaced sandstone and granite, along with uranium mineralization. The hole did return a typical footwall geochemical signature, with intense boron enrichment (up to 8,060 ppm) in the sandstone as well as elevated uranium, nickel and other pathfinders in the sandstone and basement.

Moore Uranium Project – Maverick East Zone Drilling Map:
https://www.skyharbourltd.com/_resources/maps/maverick-release.jpg

Hole ML20-02 was drilled to test for continuity of the uranium mineralization within the central portion of the Maverick East Zone. The mineralized intercept in ML21-02 occurs in a broad zone that returned 0.19% U3O8 over an 11.7 metre interval from 271.8 to 283.5 metres downhole. This mineralization straddles the unconformity with approximately two thirds of the interval within basement rocks comprised of sheared, clay-altered to -replaced felsic intrusives. This hole once again intersected the main Maverick Fault towards the footwall side and the geochemistry is indicative of that with highly anomalous boron within the basement and the sandstone. The intercept confirms continuity within the central portion of the Maverick East Zone.

Drill hole ML21-03 was drilled to test for continuity of the mineralization within the eastern half of the Maverick East Zone, ten metres northeast of hole ML20-09 which returned 0.72% U3O8 over 17.5m. Hole ML21-03 intersected one of the highest grade intercepts to date on the Maverick East Zone including the highest grades discovered to date in the basement rocks at the zone. The hole returned 2.54% U3O8 over 6.0 metres from 276.0 to 282.0 metres including 6.80% U3O8 over 2.0 metres from 278.5 to 280.5 metres. This mineralization is predominantly basement-hosted and accompanied by intense clay alteration of pelitic assemblages below the unconformity as well as up to 0.83% Cu and 0.73% Ni in half metre sample intervals. This high grade zone of mineralization is open down plunge.

Drill holes ML21-04 and ML21-05 were collared to test for continuity between holes ML20-04 and -13. Hole ML21-04 was lost just above the target and the unconformity in the Maverick Fault at 238 metres. ML21-05 successfully tested the unconformity, but did not intersect significant uranium mineralization. The basement lithologies in this hole are typically intrusive in character within clay-altered to -replaced granites throughout. The sandstone is enriched in pathfinder elements, primarily boron, as is typical of footwall holes along the Maverick Fault.

Holes ML21-12 and -13 were drilled as follow up holes within the eastern end of the Maverick East Zone. Both holes were completed to depth and intersected the expected prospective faulting and geology that has been identified in the Maverick East to date. Final geochemical assay results are pending and will be reported on once received and correlated with the noted geological features.

Grid 19 Zone Drilling:

Three holes ML21-07 to -09 were drilled on the newly emplaced Grid 19 Target area located approx. ten kilometres NE of Main Maverick Zone, where two sub-parallel north trending conductors were identified by the winter SML-EM program. Holes ML21-07 and -09 were drilled along strike, 400 metres apart on the westernmost of these conductors. These holes intersected significant graphitic conductors and sulphides, basement faults, and in the case of hole ML21-07, anomalous radioactivity. Hole ML21-08 also intersected prospective basement geology. The unconformity in the Grid 19 Target area occurs at a shallow depth of approximately 190 metres. The final geochemical assay results are pending for these holes and will be reported once received and fully evaluated.

Moore Uranium Project – Grid 19 Zone and Esker Zone Drilling:
https://www.skyharbourltd.com/_resources/maps/esker-grid-19.jpg

Esker Zone Drilling:

Three holes ML21-06, -10 and -11 were drilled as a follow up to historic drilling in the Esker Target area located approx. five kilometres NE of the Main Maverick Zone where anomalous uranium geochemistry was intersected in historical holes MT-04 and MT-10 drilled in the 1980’s. Hole ML21-06 was lost prior to intersecting the target and the unconformity. Hole ML21-10 and -11 intersected significant graphitic conductors associated with faulting and pelitic rocks. The final geochemical assay results will be reported once received and fully evaluated.

Uranium Market Commentary and Update:

The uranium market has recently shown notable signs of recovery with increasing uranium prices and improving sentiment, and this recovery appears to be accelerating amid recent news and several sector-specific developments. Analysts that cover the sector have stated that this could be a sustained upswing as they are currently seeing some of the best fundamentals since pre-Fukushima which should be supportive of higher uranium prices as a major supply-side response is playing out while the sticky demand-side continues to improve. Primary mine supply has been declining and amounted to approx. 125 million lbs U3O8 in 2020 while demand continues to rise and amounted to over 180 million lbs in 2020. The spot uranium price has risen to approx. $40 / lb U3O8 but it is still below the price needed to incentivize new development to ensure sustainable and secure supply to meet growing global demand. More recently, financial entities like the Sprott Physical Uranium Trust have been purchasing millions of pounds of uranium providing upward pressure on the price.

There are 443 operable nuclear reactors and 51 new reactors under construction globally with hundreds more planned in the pipeline. China and India continue to be at the forefront of demand growth and have the largest reactor pipelines making up a significant portion of the global growth. More recently, an important emerging market for nuclear and uranium demand in small modular reactors has gained notable positive press and momentum. As the global push for decreasing carbon emissions continues, nuclear energy will play a vital role in providing base-load, carbon emissions-free, low-cost electricity generation.

On the supply-side, mine closures and production curtailment continue to dominate headlines which was exacerbated by the pandemic clearly illustrating the risks to global primary mine supply. Major production cuts and depleting mine reserves appear to be working their way into the uranium market and driving prices higher. The two largest producers, Cameco and Kazatomprom, have announced large supply cuts over the last several years and have been actively buying uranium directly in the spot market to fulfill their contract deliveries as their production profiles have decreased.

Moore Uranium Project Overview:

In June 2016, Skyharbour secured an option to acquire Denison Mine’s Moore Uranium Project, on the southeastern side of the Athabasca Basin, in northern Saskatchewan and has fulfilled its earn in. The project consists of 12 contiguous claims totalling 35,705 hectares located 42 kilometres northeast of the Key Lake mill, approx. 15 kilometres east of Denison’s Wheeler River project, and 39 kilometres south of Cameco’s McArthur River uranium mine. Unconformity style uranium mineralization was discovered on the Moore Project at the Maverick Zone in April 2001. Historical drill highlights include 4.03% eU3O8 over 10 metres including 20% eU3O8over 1.4 metres, and in 2017, Skyharbour announced drill results including 6.0% U3O8 over 5.9 metres including 20.8% U3O8 over 1.5 metres at a vertical depth of 265 metres. In addition to the Maverick Zone, the project hosts other mineralized targets with strong discovery potential which the Company plans to test with future drill programs. The project is fully accessible via winter and ice roads which simplifies logistics and lowers costs. Large proportions of the property are accessible in the summer as well.

Moore Lake Uranium Project Geophysics Map:
http://skyharbourltd.com/_resources/maps/MooreLake-Basic-geo-revamp.jpg

Qualified Person:

The technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 and reviewed and approved by Richard Kusmirski, P.Geo., M.Sc., Skyharbour’s Head Technical Advisor and a Director, as well as a Qualified Person.

About Skyharbour Resources Ltd.:

Skyharbour holds an extensive portfolio of uranium exploration projects in Canada’s Athabasca Basin and is well positioned to benefit from improving uranium market fundamentals with six drill-ready projects covering over 240,000 hectares of land. Skyharbour has acquired from Denison Mines, a large strategic shareholder of the Company, a 100% interest in the Moore Uranium Project which is located 15 kilometres east of Denison’s Wheeler River project and 39 kilometres south of Cameco’s McArthur River uranium mine. Moore is an advanced stage uranium exploration property with high grade uranium mineralization at the Maverick Zone that returned drill results of up to 6.0% U3O8 over 5.9 metres including 20.8% U3Oover 1.5 metres at a vertical depth of 265 metres. The Company is actively advancing the project through drill programs.

Skyharbour has a joint-venture with industry-leader Orano Canada Inc. at the Preston Project whereby Orano has earned a 51% interest in the project through exploration expenditures and cash payments. Skyharbour now owns a 24.5% interest in the Project. Skyharbour also has a joint-venture with Azincourt Energy at the East Preston Project whereby Azincourt has earned a 70% interest in the project through exploration expenditures, cash payments and share issuance. Skyharbour now owns a 15% interest in the Project. Preston and East Preston are large, geologically prospective properties proximal to Fission Uranium’s Triple R deposit as well as NexGen Energy’s Arrow deposit.

The Company also owns a 100% interest in the South Falcon Uranium Project on the eastern perimeter of the Basin, which contains a NI 43-101 inferred resource totaling 7.0 million pounds of U3Oat 0.03% and 5.3 million pounds of ThO2 at 0.023%. Skyharbour has signed a Definitive Agreement with ASX-listed Valor Resources on the Hooke Lake (previously North Falcon Point) Uranium Project whereby Valor can earn-in 80% of the project through $3,500,000 in total exploration expenditures, $475,000 in total cash payments over three years and an initial share issuance.

Skyharbour’s goal is to maximize shareholder value through new mineral discoveries, committed long-term partnerships, and the advancement of exploration projects in geopolitically favourable jurisdictions.

Skyharbour’s Uranium Project Map in the Athabasca Basin:
http://skyharbourltd.com/_resources/maps/SYH-Athabasca-Map.jpg

To find out more about Skyharbour Resources Ltd. (TSX-V: SYH) visit the Company’s website at www.skyharbourltd.com.

SKYHARBOUR RESOURCES LTD.

“Jordan Trimble”

Jordan Trimble
President and CEO

For further information contact myself or:
Riley Trimble
Corporate Development and Communications
Skyharbour Resources Ltd.
Telephone: 604-687-3376
Toll Free: 800-567-8181
Facsimile: 604-687-3119
Email: info@skyharbourltd.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

This release includes certain statements that may be deemed to be “forward-looking statements”. All statements in this release, other than statements of historical facts, that address events or developments that management of the Company expects, are forward-looking statements. Although management believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance, and actual results or developments may differ materially from those in the forward-looking statements. The Company undertakes no obligation to update these forward-looking statements if management’s beliefs, estimates or opinions, or other factors, should change. Factors that could cause actual results to differ materially from those in forward-looking statements, include market prices, exploration and development successes, continued availability of capital and financing, and general economic, market or business conditions. Please see the public filings of the Company at www.sedar.com for further information.

Categories
Uncategorized

The Covid Shot Wins a Gold Star For Attendance

Bob Moriarty
Archives
Sep 13, 2021

Never before in our nation’s history have we been ruled by such a collection of so many massive fools and swindlers. In 2020 we had the most fraudulent election in the US yet the MSM and most observers just nodded their heads. I am not a pro-Trumper so this isn’t a Rah Rah Trump rant. But guys, unless you can neither see nor think, it was a stolen election. I am very much a fan of fair elections. For sure we did not have that in 2020.

Just recently we got to see the long-term effects of handing children gold stars for showing up for class in the debacle surrounding the fall of Kabul. For now we can safely ignore the wisdom or lack thereof in conducting a war in the “Graveyard of Empires” and focus on the utter lack of planning on how to escape the Briar Patch we insisted on jumping into.

When you fail to reward success, when every child receives a gold star just for showing up, you make everyone equal as a failure. But we have important positions where we need people comfortable with success and winning. War, certainly, is one unless you have a country that fights wars just to fight wars as the US has turned into.

The only reasonable reasons to ever go to war are to defend your country and to achieve peace. You fight for peace, not for more and continuous war.

So we have legions of pompous over decorated clowns in uniform who know what it is like for a man to walk in high heels because that is a new element in training so men can understand what it is to be a woman. Why would I want to know what it feels like to wear high heels? Women wear them under the theory that appearing taller makes them more sexually attractive and isn’t that what it is all about?

I don’t think anyone finds men wearing high heels attractive. Actually it makes them look like idiots. Women volunteer to suffer the physical effects of wearing high heels. Men do not. It is a required part of officer training today. What a wonderful idea.

General Mark Milley is the ultimate recipient of gold stars no doubt going back to when he was in 1st grade. He showed up for everything and was taught we are all equal. Which is stupid. We are not created equal, we may have equal rights but some are tall, some are short, some bright, some stupid but none equal.

So we have populated our entire “leadership” class with overeducated and over decorated fools who never won a third grade hop scotch game much less anything of significance. Why don’t we question why we haven’t won a war since WW II? We didn’t even win that, the Russians did. Yet we continue to pour gold and the blood of our children into fighting minor countries who are and never were a threat to the US. And we lose every time.

If you have a few minutes to spare look at the obscene hardware decorating our top military officer. Is it any question as to why we get our butts kicked by squads of goat herders actually willing to defend their country, unlike Americans today? Why bother planning on how to exit a stupid war?

Milley looks like a cross between a North Korean border guard and a Pomeranian bellhop. On his chest he has twenty-two medals for attendance and nine bits of silver washed tin showing that he turned up for class. But he’s never won a battle, much less a war.

So it is with the Covid “vaccine.”

We have known for over a year how to prevent the bad flu that we now call Covid. And we have known for over a year how to treat it without people dying of kidney failure because they were treated with a drug owned by Fauci and Gates called Remdesivir that even the WHO admits is ineffective. “The panel made a conditional recommendation against the use of remdesivir in hospitalized patients with COVID-19, regardless of disease severity.”

Bill Gates and Fauci have a dog in the fight. They don’t want cheap and convenient, indeed long-term tested drugs to treat what is really nothing more than a bad flu that you don’t want to catch. Gates brags on video about making twenty times his investment in “vaccines.” So when Orange Man suggested that a magic potion to cure Covid would be available before the end of 2020, Fauci and the MSM immediately jumped on his case with a full court press. How absurd of the president to make such a silly prediction. So the election came and went and on December 11th the first “vaccine” was released.

There is a bit of a problem calling the jab a “vaccine”. Until 2015 to be called a vaccine, it required a killed or weakened infectious organism to ‘PREVENT” the disease. That morphed into “The act of introducing a vaccine into the body to produce “IMMUNITY” to a specific disease. By September of 2021 after billions of doses of the Covid jab the powers that be realized that in fact the shot didn’t prevent the disease and didn’t provide immunity to the disease. Actually the shot made Covid a lot more contagious. The majority of new cases were from those “vaccinated” so now the definition of a “vaccine” effective September of 2021 says, “The act of introducing a vaccine into the body to produce “PROTECTION” from a specific disease. We have gone from prevention to immunity to protection in short order. No doubt soon the definition will say “any drug designed to make more money for Fauci and Bill Gates because they are so concerned with our health.”

When you award medals for attendance you get generals like Milley who couldn’t fight his way out of a wet paper bag. When you hand out high office to the most mediocre based on paper qualification without any sign of real leadership you get a totally useless Secretary of Defense appointed because of his color not any real talent. You get a giggling Vice President appointed because she is part black and female. You get a PINO who can’t remember his own name or what day it is.

The Covid “vaccine” got a gold star for attendance. It doesn’t actually prevent Covid; actually it makes those who have taken the jab super spreaders of a far more contagious variety of the virus. We are in the midst of an explosion of new cases of Covid crowding out hospitals. Fauci and the MSM want to blame those who have chosen to not take the shot. But if they haven’t changed anything, how can they cause new cases? No one seems to have thought that through. It’s those who took the jab that made the difference.

Indeed, it is common and accurate knowledge that the flu, any flu, is worse in winter and least in summer. Here we are in the late summer and Covid cases are exploding. It hasn’t occurred to anyone that a chart of new cases and a chart of the number of people taking the shot are identical. Cases are skyrocketing because people take a shot that makes them more susceptible to the disease, not less. Now the definition of “vaccine” means the protection of Fauci and Gates from not having enough money yet.

Here is how the Covid shot has earned gold stars for attendance.

  1. The shots have killed tens of thousands of people and caused severe side effects in millions. That’s certainly worth a star.
  2. The shots have forced the virus into changing to protect itself in exactly the same manner as does over prescribing antibiotics makes germs mutate in a deadly way. Another gold star.
  3. It contains no weakened form of the virus so it doesn’t prevent the disease. One more star.
  4. It doesn’t bother providing immunity to the virus. Another star.
  5. It not only doesn’t provide protection to those who took it, it almost guarantees they will catch it again.
  6. It’s a free lottery ticket to ADE. You will love getting ADE. That’s another star.
  7. Those who actually got Covid prior to the “vaccine” picked up a natural immunity to the virus and many of the later variations after mutation. Take the jab and your natural immunity to the virus plummets. In Israel those who took the shot were thirteen times more likely to catch the virus again. Some protection. Such a deal. Another star.
  8. A Navy doctor with access to the military records of Covid deaths and adverse effects from the jab concluded that taking the series of shots increased the probability of mortality by fifty to sixty fold for those in the military. Young men and women in the military are at near zero risk from Covid but at substantial risk from the “vaccines.” That ought to be worth fifty to sixty gold stars for the “vaccine” showing up.
  9. The “vaccine” is the only medical treatment in history where its utter failure is blamed on those who didn’t take it.

Making everyone equal does not mean everyone is going to succeed in life. Actually it means everyone is going to fail together because they no longer understand what succeeding actually means.

Many governments around the world are trying to force people into taking the experimental gene therapy because they fully understand exactly what I am saying in this article. They need to have everyone to have the experimental medical treatment because when mass dying begins people are going to be very angry with those who caused it. Blame the non-jabbed means an attempt to deflect responsibility in exactly the same manner that Biden, Harris, Milley, Austin and the entire chain of command over the botched war and withdrawal in Afghanistan refuse to accept any responsibility.

But we will hold them responsible and many of the experts are going to find their heads stuck on pikes. People around the world are angry and demand someone be accountable for this disaster that is entirely man made.

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Bob Moriarty
President: 321gold
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