Ore

Deer Horn and Cheona Metals Plan Joint Prospecting in Northern British Columbia

Retrieved on: 
Monday, May 25, 2020
Economic geology, Physical sciences, Chemistry, Natural sciences, Metal, Prospecting, Ore, Mining, Molybdenum, Deer

VANCOUVER, British Columbia , May 25, 2020 (GLOBE NEWSWIRE) -- Deer Horn Capital Inc. (CSE: DHC) (the Company or Deer Horn) announces it will partner with Cheona Metals to conduct joint mineral prospecting this summer on highly prospective ground in northern British Columbia.

Key Points: 
  • VANCOUVER, British Columbia , May 25, 2020 (GLOBE NEWSWIRE) -- Deer Horn Capital Inc. (CSE: DHC) (the Company or Deer Horn) announces it will partner with Cheona Metals to conduct joint mineral prospecting this summer on highly prospective ground in northern British Columbia.
  • Prior to staking lands with potential mineral targets, Deer Horn and Cheona will obtain the consent of appropriate Indigenous governments for exploration activity.
  • The Deer Horn/Cheona partnership adds significant opportunities for Deer Horn to explore for a range of metals including gold, zinc, molybdenum, platinum group metals and nickel.
  • Deer Horn responsibly and ethically explores for metals in British Columbia and Yukon.

DGAP-News: Polyus Finance Plc: The proposed placement of new ordinary shares

Retrieved on: 
Friday, May 22, 2020
Northeast Asia, Russian Far East, Far Eastern Federal District, Polyus Gold, East Asia, Geography of Asia, Polyus, Yakutia, Magadan Oblast, Ore, Said Kerimov

PJSC Polyus (LSE, MOEX - PLZL) will report its financial results for the first quarter of 2020 on 1 June 2020.

Key Points: 
  • PJSC Polyus (LSE, MOEX - PLZL) will report its financial results for the first quarter of 2020 on 1 June 2020.
  • Based on its 2019 Ore Reserves and Mineral Resources, Polyus group ranks the third by attributable gold reserves among the world's largest gold mining companies.
  • The Polyus group's principal operations are located in Krasnoyarsk, Irkutsk and Magadan regions and the Republic of Sakha (Yakutia).
  • RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom.

DGAP-News: Origen Signs LOI to Acquire a 100% Interest in Highly Prospective Gold and Copper Properties in BC's Golden Triangle

Retrieved on: 
Thursday, May 14, 2020
Physical sciences, Chemistry, Economic geology, Natural sciences, Mining, Ore, Copper, Origen

Geological Survey's "Red Line," interpreted to be spatially significant to most major gold and copper deposits in the Golden Triangle transects the LGM property.

Key Points: 
  • Geological Survey's "Red Line," interpreted to be spatially significant to most major gold and copper deposits in the Golden Triangle transects the LGM property.
  • - Mineral development, hydro and forestry work continue to reduce exploration costs with in the Golden Triangle.
  • "The LGM and Wishbone properties give Origen a launch pad for discovery in BC's mineral rich Golden Triangle.
  • To view an enhanced version of Figure 1, please visit:
    During due diligence work by Origen, a new highly prospective target area was identified.

Maya Gold & Silver Reports 2019 Financial Results, Appoints New Key Management Including New CFO and Announces Delay in Filing of First Quarter 2020 Financial Statements and MD&A

Retrieved on: 
Thursday, May 14, 2020
Maya civilization, Graphics software, Ore, Autodesk Maya, Software, Application software

The Company has implemented multiple cost cutting and productivity improvement initiatives to increase operational and financial performance.

Key Points: 
  • The Company has implemented multiple cost cutting and productivity improvement initiatives to increase operational and financial performance.
  • These measures include connecting the mine to the national grid and the introduction of flotation cells, which will increase the daily tonnage capacity, etc.
  • Furthermore, the Company is also pleased to announce the appointment of Mr. Mustapha Elouafi as General Manager and President of Maya Gold and Silver Morocco.
  • About Maya Gold & Silver Inc.
    Maya Gold & Silver Inc. is a publicly traded Canadian company focused on the operation, exploration, acquisition and development of silver and gold deposits.

Sprott Resource Holdings Inc. Announces MTV Files For Creditor Protection in Chile

Retrieved on: 
Wednesday, May 13, 2020
Economy, Articles, Credit, Creditor, Debt, MTV, Mining, Ore

This is the equivalent of filing for creditor protection under the Companies Creditors Arrangement Act in Canada.

Key Points: 
  • This is the equivalent of filing for creditor protection under the Companies Creditors Arrangement Act in Canada.
  • Upon successful completion of the construction project, MTV expects to begin mining the higher grade, lower cost ore that should be delivered by Papomono Masivo.
  • The MTV project is important to the surrounding communities and the surrounding communities important to MTV.
  • About Sprott Resource Holdings Inc.
    SRHI is a publicly-listed diversified resource holding company focused on the natural resource industry.

Noront Announces Copper-Zinc Resource Estimate for Nikka Deposit in the Ring of Fire

Retrieved on: 
Monday, May 11, 2020
Physical sciences, Economic geology, Chemistry, Natural sciences, Ore, Zinc, Nikka, Ring of Fire, National Instrument 43-101

TORONTO, May 11, 2020 (GLOBE NEWSWIRE) -- Noront Resources Ltd. (Noront) (TSX Venture: NOT) is pleased to report a maiden resource estimate for the No.

Key Points: 
  • TORONTO, May 11, 2020 (GLOBE NEWSWIRE) -- Noront Resources Ltd. (Noront) (TSX Venture: NOT) is pleased to report a maiden resource estimate for the No.
  • Given their close proximity, these lenses will be known as the Nikka copper-zinc deposit at the Companys 85% owned McFaulds VMS property in the Ring of Fire (Table 1).
  • Nikka means Canada Goose in Ojicree and maintains the boreal forest bird theme that Noront follows in naming its various deposits.
  • The updated resource estimate was supervised by Alan Aubut, PGO, an independent qualified person as defined by NI-43-101.

PolyMet reports results for period ended March 31, 2020

Retrieved on: 
Friday, May 8, 2020
Energy, Natural Resources, Mining, Minerals, Oil, Gas, Physical sciences, Chemistry, Economic geology, Chemical elements, Geology of Minnesota, Polymet Mining Corporation, Environmental impact of mining, Mesabi Range, Mining, Nickel, Ore, Iron Range

PolyMet invested $2.5 million in cash into its NorthMet Project during the three months ended March 31, 2020, compared with $5.7 million for the prior year period.

Key Points: 
  • PolyMet invested $2.5 million in cash into its NorthMet Project during the three months ended March 31, 2020, compared with $5.7 million for the prior year period.
  • PolyMet Mining Corp. ( www.polymetmining.com ) is a publicly traded mine development company that owns 100% of Poly Met Mining, Inc. (together PolyMet or the company), a Minnesota corporation that controls 100% of the NorthMet copper-nickel-precious metals ore body through a long-term lease.
  • The project is located in the established mining district of the Mesabi Iron Range in northeastern Minnesota.
  • Actual results may differ materially from those in the forward-looking statements due to risks facing PolyMet or due to actual facts differing from the assumptions underlying its predictions.

DGAP-News: Rockcliff Achieves an Upgrade Ratio of at Least 1.4 Using Ore Sorting on Its Tower and Rail Properties

Retrieved on: 
Friday, May 1, 2020
Economic geology, Academic disciplines, Geology, Mineralization, Ore

Ore sorting is a technology that can select rock with mineralization and separate them from rocks without mineralization, thus upgrading the mineral content of the ore delivered to the mill.

Key Points: 
  • Ore sorting is a technology that can select rock with mineralization and separate them from rocks without mineralization, thus upgrading the mineral content of the ore delivered to the mill.
  • Alistair Ross, President and CEO commented, "The ore sorting characterization test work on our Tower and Rail deposits provides exciting upside for our projects on a number of fronts.
  • With an upgrade ratio of at least 1.4 on both Tower and Rail, ore sorting has demonstrated an ability to reject low sulphide waste.
  • About 400 individual samples were selected to represent both local host rock (waste/dilution) and the mineralized target areas across the two deposits.

Rockcliff Makes Significant Nickel-PGE Discovery at the Tower Property 3.82% NiEq Across 2.4 Metres including 6.79% NiEq Across 1.25 Metres

Retrieved on: 
Thursday, April 30, 2020
Physical sciences, Economic geology, Chemistry, Natural sciences, Nickel, Ore

This new discovery, termed the TGR Nickel-PGE Prospect (TGR), has returned significant assay results.

Key Points: 
  • This new discovery, termed the TGR Nickel-PGE Prospect (TGR), has returned significant assay results.
  • TGR is located only 600 metres south of the Companys high-grade, copper-rich Tower Deposit.
  • The TGR mineralization was discovered in a previously unexplored area and is associated with ultramafic rocks of the Thompson Nickel Belt (TNB).
  • Discovery hole TSA20-002 intesected significant Nickel-PGE mineralization at a down hole depth of 244.8 metres.

Prime Mining Reports 58.5 Metres at 0.83 gpt Gold and 20.2 gpt Silver from Guadalupe West At Los Reyes

Retrieved on: 
Tuesday, April 21, 2020
Mining, Occupational safety and health, Ore, Los Reyes

All samples are stored until picked up by Bureau Veritas Minerals and transported to its laboratory in Durango, Mexico.

Key Points: 
  • All samples are stored until picked up by Bureau Veritas Minerals and transported to its laboratory in Durango, Mexico.
  • The Los Reyes Gold-Silver Project is district scale epithermal gold-silver project in a prolific mining region of Mexico.
  • The location boasts a mining history spanning hundreds of years of activity alongside a stable and established regional mining infrastructure.
  • Decades of extensive fieldwork and technical study have positioned Los Reyes to advance to gold production quickly and cost effectively.