Sustainability metrics and indices

Buchans Collaboration Agreement with Boliden AB Terminated

Retrieved on: 
Friday, September 30, 2022
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Toronto, Ontario--(Newsfile Corp. - September 30, 2022) - Buchans Resources Limited (the "Company" or "Buchans"), a Canadian mineral exploration and development company, reports that the Collaboration Agreement between the Company and Boliden l AB covering the Buchans VMS Project, at Buchans, central Newfoundland has terminated.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - September 30, 2022) - Buchans Resources Limited (the "Company" or "Buchans"), a Canadian mineral exploration and development company, reports that the Collaboration Agreement between the Company and Boliden l AB covering the Buchans VMS Project, at Buchans, central Newfoundland has terminated.
  • Buchans entered into the Collaboration Agreement on its Buchans Project with Boliden in early 2021.
  • Buchans and Boliden were, however, unable to reach agreement on terms for the subsequent joint venture agreement that would be formed when Boliden would have earned its interest.
  • Accordingly, the Collaboration Agreement has terminated in accordance with its terms and the exclusivity granted to Boliden has ended.

Monarch Files Technical Report for Its Croinor Gold Project

Retrieved on: 
Monday, September 26, 2022
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The mineral resource was calculated at a gold price of US$1,600 per ounce and an exchange rate of 1.30USD/CAD.

Key Points: 
  • The mineral resource was calculated at a gold price of US$1,600 per ounce and an exchange rate of 1.30USD/CAD.
  • MONTREAL, Sept. 26, 2022 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (Monarch or theCorporation) (TSX: GBAR) (OTCQX: GBARF) announces that it has filed on SEDAR a National Instrument 43-101 technical report for its Croinor Gold project.
  • Monarch published a press release on August 11, 2022 , which summarized the assumptions and key results contained in the technical report.
  • There are no material differences between the assumptions and estimates contained in Monarchs press release dated August 11, 2022, pertaining to this property, from those contained in the technical report that was filed today, and which is available on Monarchs website (see Technical report ).

Rio2 Provides Fenix Gold EIA Plan Update

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Wednesday, September 7, 2022
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Based on the findings of the RCA review, Rio2s local subsidiary Fenix Gold Limitada (Fenix Gold) decided to exercise its right to file an administrative appeal before the Ministries Committee and filed the appeal on August 31, 2022.

Key Points: 
  • Based on the findings of the RCA review, Rio2s local subsidiary Fenix Gold Limitada (Fenix Gold) decided to exercise its right to file an administrative appeal before the Ministries Committee and filed the appeal on August 31, 2022.
  • The basis of the administrative appeal was based on the following key findings:
    The Fenix Gold Project was presented for environmental assessment through an EIA, which is the most stringent instrument contemplated by Chilean Environmental Law.
  • Based on feedback from its external legal counsel and advisors, the estimated timing for obtaining EIA approval for the Fenix Gold project is approximately one and half to two years.
  • Rio2 is focused on taking its Fenix Gold Project in Chile to production in the shortest possible timeframe based on a staged development strategy.

Canadian North Resources Files NI 43-101 Technical Report on the Updated Mineral Resources Estimates for the Ferguson Lake Mining Property in Nunavut, Canada

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Wednesday, July 13, 2022
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The results show high potential value of the mineral resources for development.

Key Points: 
  • The results show high potential value of the mineral resources for development.
  • The resource model indicates significant potential for resource expansion along strike and at depth over the 15 kilometers long mineralized belt.
  • We are currently drilling to expand the potential high-grade large-tonnage economic base metal and PGM resource on the Project.
  • This land package covers all the known base metals and PGM mineralized zones and outcrops at the Ferguson Lake area.

Rio2 Provides EIA Plan Update

Retrieved on: 
Monday, July 11, 2022
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The RCA is expected within the next three weeks and the Company is finalizing its action plan thereafter.

Key Points: 
  • The RCA is expected within the next three weeks and the Company is finalizing its action plan thereafter.
  • Once the EIA action plan is completed, the Company anticipates announcing a revised timeline of its proposed activities and how it intends to execute and finance the plan forward.
  • The Company is thankful for the support it has received following the EIA decision from various government authorities and community organizations that participated in the Participacin Ciudadana (Citizen Participation) and Consulta Indgena (Indigenous Consultation) as part of the EIA process.
  • Rio2 disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as expressly required by applicable securities legislation.

White Gold Corp. Commences Drill Program at the Betty Property, Yukon

Retrieved on: 
Tuesday, July 5, 2022
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Our 2021 maiden diamond drill program on the Betty Ford target returned one of the best holes drilled in the district, intersecting 3.46 g/t gold over 50m from near surface.

Key Points: 
  • Our 2021 maiden diamond drill program on the Betty Ford target returned one of the best holes drilled in the district, intersecting 3.46 g/t gold over 50m from near surface.
  • Our Betty property is located in close proximity to existing large gold and copper deposits along the same fault structure.
  • An overview of the planned 2022 Betty drill program, was provided in a Company News Release dated May 18, 2022.
  • Once the Betty drill program is complete, the diamond drill rig will return to the White Gold property to carry out an additional phase of drilling on Ryans Surprise.

Ascendant Resources Acquires 50% Ownership of Lagoa Salgada VMS Project, Portugal

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Wednesday, May 25, 2022
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TORONTO, May 25, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND; OTCQB: ASDRF; FRA: 2D9) ("Ascendant" or the "Company) is pleased to announce that it has satisfied the conditions to increase its effective ownership interest from 25% to 50% in the Lagoa Salgada VMS project (the Project) in Portugal.

Key Points: 
  • TORONTO, May 25, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND; OTCQB: ASDRF; FRA: 2D9) ("Ascendant" or the "Company) is pleased to announce that it has satisfied the conditions to increase its effective ownership interest from 25% to 50% in the Lagoa Salgada VMS project (the Project) in Portugal.
  • Mark Brennan, Ascendants Executive Chairman commented, We are thrilled by the outcomes of the development work conducted at Lagoa Salgada since our acquisition.
  • Effective May 25, 2022, M&FIand Redcorp - Empreendimentos Mineiros, Lda have confirmed cumulative development expenditures at Lagoa Salgada in excess of US$9 million.
  • Ascendant is a Toronto-based mining company focused on the exploration and development of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal.

Ascendant Closes First Tranche of C$3.5 Million Non-Brokered Private Placement

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Friday, May 20, 2022
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TORONTO, May 20, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company") is pleased to announce the close of the first tranche (“First Tranche”) of its non-brokered private placement (the "Offering") announced on May 13, 2022. The second and final tranche to complete the offering, is expected to close on or about May 25, 2022.

Key Points: 
  • NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
    TORONTO, May 20, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company") is pleased to announce the close of the first tranche (First Tranche) of its non-brokered private placement (the "Offering") announced on May 13, 2022.
  • The second and final tranche to complete the offering, is expected to close on or about May 25, 2022.
  • Under the First Tranche, the Company has issued 14,416,893 common shares of the Company at a price of C$0.20 per common share (the "Offering Price") for aggregate proceeds of C$2,883,378.60.
  • Insiders of the Company subscribed for a total of 9,766,893 common shares at the Offering Price for total gross proceeds of C$1,953,378.60.

White Gold Corp. Announces Fully Funded $6 Million 2022 Exploration Program on its District Scale Land Package, Yukon, Canada

Retrieved on: 
Wednesday, May 18, 2022
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A maiden diamond drilling program is also planned at the Mascot target which is located approximately 5 km east-southeast of the Betty Ford.

Key Points: 
  • A maiden diamond drilling program is also planned at the Mascot target which is located approximately 5 km east-southeast of the Betty Ford.
  • The Mascot area is underlain by intrusive rocks and covers a large cluster of gold soil geochemical anomalies measuring 4km E-W x 4km N-S.
  • In 2012, previous operator Ethos Gold Corp. (Ethos) carried out an RC drilling program at Mascot, completing 61 holes totalling 7,132 m. Ethoss drilling targeted gold soil anomalies with 50m sample spacings.
  • (3) See Newmont Corporation news release titled Newmont Reports 2021 Mineral Reserves of 93 Million Gold Ounces and 65 Million Gold Equivalent Ounces, dated February 24, 2022: https://www.newmont.com/investors/news-release/default.aspx .

Ascendant Resources Announces Non-Brokered Private Placement

Retrieved on: 
Friday, May 13, 2022
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TORONTO, May 13, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company") is pleased to announce a non-brokered private placement for aggregate gross proceeds of up to C$3.5 million (the "Offering"). The Company intends to issue up to 17.5 million common shares of the Company (each a "Common Share") at a price of C$0.20 per Common Share.

Key Points: 
  • NOT FOR DISTRIBUTION TO U.S. NEWS WIRE SERVICES OR FOR DISSEMINATION IN THE UNITED STATES
    TORONTO, May 13, 2022 (GLOBE NEWSWIRE) -- Ascendant Resources Inc. (TSX: ASND) ("Ascendant" or the "Company") is pleased to announce a non-brokered private placement for aggregate gross proceeds of up to C$3.5 million (the "Offering").
  • The common shares will be offered on a private placement basis pursuant to the "accredited investor" exemption or other available and agreed upon exemptions from prospectus requirements.
  • Ascendant is a Toronto-based mining company focused on the exploration and development of the highly prospective Lagoa Salgada VMS project located on the prolific Iberian Pyrite Belt in Portugal.
  • The Venda Nova deposit at Lagoa Salgada contains over 10.33 million tonnes of Measured and Indicated Resources @ 9.06 % ZnEq and 2.50 million tonnes of Inferred Resources @ 5.93 % ZnEq in the North zone; and 4.42 million tones of Indicated Resources @ 1.50 % CuEq and 10.83 million tonnes of Inferred resources @ 1.35 % CuEq in the South zone.