Drill

Exploration Ramps Up at Red Mountain

Retrieved on: 
Wednesday, August 24, 2022
Diamond, MRE, ISO, Dry, SWIR, HQ, Aqua regia, National instrument, Australian Securities Exchange, RC, LDL, Secession in the United States, Kodak, NQ, Toronto Stock Exchange, Calibration, SGS, QC, Disclosure, AAS, Salt, Orientation, GPS, TSX, QA/QC, DGPS, Method, Anaconda, Resource management, Corporation, Water, Classification, PQ, Corporations Act 2001, ISO 9001:2008, Gold, Element, ASX, JORC, UDL, DTM, Hydrochloric acid, Public expenditure, DDH, ALS, Drill, Copper, Bias, Nature, Uranium, Road, Engineered wood, Silviculture, Sintering, Mining, Audit, Medicinal plants, Printed circuit board, Surveying, ZN, Japan Trench Fast Drilling Project, Lead

The information in this Announcement that relates to exploration results is based on information compiled by Dr Andrew Stewart, who is responsible for the exploration data, comments on exploration target sizes, QA/QC and geological interpretation and information.

Key Points: 
  • The information in this Announcement that relates to exploration results is based on information compiled by Dr Andrew Stewart, who is responsible for the exploration data, comments on exploration target sizes, QA/QC and geological interpretation and information.
  • Set out below is Section 1 and Section 2 of Table 1 under the JORC Code, 2012 for the Red Mountain project.
  • Historically, Eastman Kodak and Flexit electronic multi-shot downhole survey tools have been used at Red Mountain to collect down hole azimuth and inclination information for the majority of the diamond drill holes.
  • As these tools rely on the earths magnetic field to measure azimuth, there is some localised interference/inaccuracy introduced by the presence of magnetite in some parts of the Red Mountain mineral system.

Positive Metallurgical Test Results for Oxidised Material at Kharmagtai

Retrieved on: 
Tuesday, August 2, 2022
Diamond, ISO, MPS, SWIR, RC, Salt, AAS, Gold, Corporations Act 2001, QA/QC, Aqua regia, ALS, Company, Method, Mineral resource estimation, Batu Hijau mine, UDL, Calibration, NQ, Resource management, TSX, Anaconda, Copper, Dry, Water, 2M, SGS, Drill, HQ, ISO 9001:2008, Orientation, JORC, Kodak, DTM, PQ, Metallurgy, Element, MRE, Disclosure, Bias, ASX, QC, Speech Processing Solutions, Nature, Classification, LDL, Australasian Institute of Mining and Metallurgy, Digital elevation model, Met, Public expenditure, Secession in the United States, Australian Securities Exchange, DGPS, Hydrochloric acid, Toronto Stock Exchange, Corporation, DDH, Announcement, National instrument, Uranium, Road, Engineered wood, Silviculture, Mining, Foundry, Audit, Coke (fuel), Printed circuit board, ZN, Mining, Lead

The information in this Announcement that relates to metallurgy and metallurgical test work has been reviewed by Andrew Goulsbra, AusIMM, B.App Sci (Met).

Key Points: 
  • The information in this Announcement that relates to metallurgy and metallurgical test work has been reviewed by Andrew Goulsbra, AusIMM, B.App Sci (Met).
  • Appendix 2: Kharmagtai Table 1 (JORC Code, 2012)
    Set out below is Section 1 and Section 2 of Table 1 under the JORC Code, 2012 Edition for the Kharmagtai project.
  • Analysis of recovery results vs grade shows no significant trends that might indicate sampling bias introduced by variable recovery in fault/fracture zones.
  • A field duplicate core sample is collected every 30th sample to ensure the representivity of the in-situ material collected.

Ultra Lithium Completes Acquisition of Forgan Lake Lithium Property and Provides Corporate Update

Retrieved on: 
Thursday, April 14, 2022
Lithium, Ontario (department store), News, CEO, Thunder Bay, Government, Lithium carbonate, Zeolite, Permeability, Property, GLOBE, Gold, NI, Bangladesh Petroleum Exploration and Production Company Limited, Company, Mining, Sulfide, TSX, Acquisition, Clay, Drill, ILC, Sand, Uranium, Lucky Lake Airport, Lithium oxide

The parties entered into an amended agreement wherein Ultra Lithium acquired 100% of Forgan Lake for a cash payment of $150,000.

Key Points: 
  • The parties entered into an amended agreement wherein Ultra Lithium acquired 100% of Forgan Lake for a cash payment of $150,000.
  • Dr. Weiguo Lang, CEO of Ultra Lithium, stated, We are very pleased to provide this corporate update.
  • Ultra Lithium Inc. is an exploration and development company with a focus on the acquisition and development of lithium, gold, and copper assets.
  • The Company holds a brine lithium property in Argentina, and hard rock spodumene type lithium properties at the Georgia Lake / Forgan Lake area in northwestern Ontario, Canada, and a brine lithium property in the Big Smoky Valley, Nevada, USA.

Standard Uranium Completes Winter Drill Program at Sun Dog

Retrieved on: 
Tuesday, April 12, 2022
News, Technical report, Phrase, COVID-19, Risk, Legislation, U3O8, Athabasca Basin, Uranium, Saskatchewan Research Council, NI, Review, Tourmaline, Company, Hydraulics, Mining, Forward-looking statement, CPS, Sun, TSX, Safety, Industry, Health, Drill, Audit, Risk management, Sun dog

Plan map of Sun Dog showing winter 2022 drill holes with ground gravity in the background.

Key Points: 
  • Plan map of Sun Dog showing winter 2022 drill holes with ground gravity in the background.
  • Drill core samples from all Sun Dog drill holes have been submitted to the Saskatchewan Research Council (SRC) Geoanalytical Laboratory in Saskatoon, Saskatchewan, for whole-rock, multi-element and U3O8 analyses.
  • Since its establishment, Standard Uranium has focused on the identification and development of prospective exploration stage uranium projects in theAthabascaBasin inSaskatchewan, Canada.
  • Standard Uranium's Sun Dog project, in the northwest part of theAthabascaBasin,Saskatchewan, is comprised of 6 mineral claims over 15,770 hectares.

Osisko Metals Announces Signing of an Option Agreement to Acquire Gaspé Copper Mine From Glencore Canada

Retrieved on: 
Monday, March 28, 2022
TSX Venture Exchange, Ministry of Oil and Mineral Reserves (Syria), Negotiation, CEO, Resource management, Qualified person (European Union), Time, GLOBE, Carbon nanotube supported catalyst, PEA, Definitive, Technical report, NSR, SEDAR, Hussey, Metal, Mineral resource estimation, Person, Phrase, Northern Ontario Party, Needle, Letter, Pine Point, Legislation, IRR, Copper extraction, Mount, NPV, Partnership, Company, Exercise, Mineral, Drill, Techno-economic assessment, Chief executive officer, Needle Mountain, News, Nature, Acquisition, Mining, Property management, Security (finance), Lithium, Risk management, Eastern Canada, Party, List of regions of Quebec, Porphyry Mountain, Copper, Glencore, Osisko Gold Royalties, Option

The successful closing of this transaction will give Osisko Metals shareholders significant copper exposure and make Glencore a major shareholder of the Company.

Key Points: 
  • The successful closing of this transaction will give Osisko Metals shareholders significant copper exposure and make Glencore a major shareholder of the Company.
  • The note will be convertible by Glencore into units of Osisko Metals at a price of $0.40 per unit.
  • Glencore will retain a commercially reasonable offtake for 100% of concentrates produced during the renewed life of mine at Gasp Copper.
  • Osisko Metals will pay to Glencore an additional cash consideration of US$20M upon commencement of commercial production at Gasp Copper.

Foremost Income Fund Reports 2021 Results

Retrieved on: 
Friday, March 18, 2022
Transfer, EBITDA, CERS, Foremost, Royalty fund, Sale, Financial statement, Fund, Growth, Energy, Mining, Computershare, Investor relations, Mobile, Administration, FEE, Government, Corporation, MD, Industry, Safety, EBIDTA, FME, International, CEWS, COVID-19, Disease, News, Federal aid during the COVID-19 pandemic in Canada, Terminology, Workplace, Water, Stock transfer agent, Pension fund, Oil, Animal, Film, Cryptocurrency, Online gambling, Drill

Calgary, Alberta--(Newsfile Corp. - March 18, 2022) - Foremost Income Fund ("Foremost" or the "Fund") announces the financial results for the year ended December 31, 2021.

Key Points: 
  • Calgary, Alberta--(Newsfile Corp. - March 18, 2022) - Foremost Income Fund ("Foremost" or the "Fund") announces the financial results for the year ended December 31, 2021.
  • The Fund is an unincorporated open end mutual fund trust conducting its business through three operating segments, Foremost Energy Equipment (FEE), Foremost Mobile Equipment (FME), and Corporate.
  • Foremost finished 2021 with increases in Revenue, EBIDTA and Gross Margin over the 2020 results.
  • At Foremost, this contributed to an increase in revenue of $22.9 million when comparing year to date 2020 and 2021.

Ranchero Gold Further Extends Gold Mineralization by 170 Meters Along Strike With Near Surface Drilling

Retrieved on: 
Wednesday, February 23, 2022
GLOBE, Method, La Cascada Formation, Phase, Company, MA, Gold, Ranchero, Drill, Geology, Uranium, Risk management

Additional drilling at the La Colmena target intersected 1.2 g/t gold over 15.6 meters (MA 22-25) along strike from 4.0 g/t gold over 31.5 meters (MA 21-10) which was previously reported (press release January 18, 2022).

Key Points: 
  • Additional drilling at the La Colmena target intersected 1.2 g/t gold over 15.6 meters (MA 22-25) along strike from 4.0 g/t gold over 31.5 meters (MA 21-10) which was previously reported (press release January 18, 2022).
  • Drilling designed to test the eastward extension of La Colmena successfully extended near surface gold mineralization over 260 meters along strike where it remains open.
  • We have demonstrated the presence of gold mineralization in all of the targets that were drill tested including intersecting 4.0 g/t gold over 31.5 meters in drill hole MA 21-10.
  • The recent step-out hole (MA 22-22) demonstrated the presence of gold mineralization for over 260 meters where it remains open eastward at the La Colmena zone.

Ranchero Gold Intersects Additional Near Surface Gold Mineralization of 1.2 g/t Over 21.2 Meters

Retrieved on: 
Wednesday, January 26, 2022
MA, Review, La Colmena, Paraguay, Propylitic alteration, Gold, Drill, La Cascada Formation, Company, Ranchero, Zinc, Achievement, Azul, GLOBE, Uranium, Rare-earth element, Mining

Highlights of the Drill Results:

Key Points: 
  • Highlights of the Drill Results:
    All drill holes from the Companys ongoing drill program at Maz Azul have encountered gold mineralization.
  • Additional drilling at the La Colmena target intersected 1.2 g/t gold over 21.2 meters and 1.1 g/t gold over 13.2 meters demonstrating near surface mineralization approximately 50 meters in depth.
  • Current drilling seeks to further extend mineralization at the La Colmena target by more than 100 meters along strike eastward.
  • Drill hole MA 21-013 intersected 1.11 g/t gold over 13.15 meters and drill hole MA 21-14 intersected 1.18 g/t gold over 21.15 meters demonstrating near surface mineralization approximately 50 meters in depth (Figure 2).

ASI Mining Partners With Epiroc To Launch Mobius For Drills Application

Retrieved on: 
Wednesday, January 19, 2022
Mobius, Business development, Robotics, Mining, Safety, Solution, Government, Drill, Automation, ASI, Autonomous Solutions, Epiroc, Agriculture, Heavy equipment, Moebius

MENDON, Utah, Jan. 19, 2022 /PRNewswire-PRWeb/ --ASI Mining LLC is expanding its Mobius autonomy platform to include Mobius for Drills application in collaboration with Epiroc Drilling Solutions LLC.

Key Points: 
  • MENDON, Utah, Jan. 19, 2022 /PRNewswire-PRWeb/ --ASI Mining LLC is expanding its Mobius autonomy platform to include Mobius for Drills application in collaboration with Epiroc Drilling Solutions LLC.
  • Similar to ASI Mining's Mobius for Haulage and Mobius for Blasting programs, Mobius for Drills further expands ASI's Mobius Traffic Management platform to now include integration of drills.
  • "This expansion of the Mobius platform brings drilling into the Mobius eco-system of autonomous mining solutions, and will allow increased integration of both data solutions and various autonomous mining operations."
  • For further information about Mobius for Drills, refer to ASI Mining website at https://www.asirobots.com/mining or contact Jared Saunders, ASI Mining media contact.

Nintendo News: Explore a Mysterious World With Kirby and the Forgotten Land on March 25

Retrieved on: 
Wednesday, January 12, 2022
Technology, Men, Family, General Entertainment, Electronic Games, Consumer, Entertainment, Online, Mobile Entertainment, Retail, Internet, Mobile, Wireless, Teens, Women, Children, Consumer Electronics, Online Retail, Online, Nintendo eShop, Internet access, Nature, Civilization, Nintendo Switch, Kirby, Atmosphere, Ranger, Wilderness, Internet, Nintendo Switch Online, Multimedia, Kirby (series), List of Kirby characters, Video game console, Sawmill, Nintendo, Drill

View the full release here: https://www.businesswire.com/news/home/20220112005336/en/

Key Points: 
  • View the full release here: https://www.businesswire.com/news/home/20220112005336/en/
    In the Kirby and the Forgotten Land game, join the powerful and cute hero, Kirby, as he gains new abilities in a 3D platforming adventure, launching for the Nintendo Switch system on March 25.
  • To rescue the Waddle Dees, Kirby heads out on a journey with the curious Elfilin, whom he meets in the new world.
  • Kirby and the Forgotten Land also introduces Waddle Dee Town, which will be the central hub of your adventure.
  • Kirby and the Forgotten Land is now available for pre-order at select retailers and in Nintendo eShop at a suggested retail price of $59.99.