Petrology

Trillium Gold Further Consolidates Confederation Lake Greenstone Belt, increases Larder Lake land holdings and adds Quebec Assets

Monday, January 18, 2021 - 12:30pm

Russell Starr, CEO of Trillium Gold comments"The Trillium team is committed to building district-scale opportunities for TGM shareholders.

Key Points: 
  • Russell Starr, CEO of Trillium Gold comments"The Trillium team is committed to building district-scale opportunities for TGM shareholders.
  • The Karas Lake property comprises 5 claims covering 2,222 hectares in the Confederation Lake greenstone belt.
  • The metavolcanic sequence is flanked by the Bruce Lake Stock to the northwest and the Bluffy Lake Batholith to the southeast.
  • The primary neighbour of the property is BTM Corporation, which controls a large land package between the OpawicaProperty and IAMGOLD's Monster Lake Deposit.

Obsidian Energy Provides Compelling Reasons why Bonterra Shareholders Should Tender their Shares to the Offer

Thursday, January 14, 2021 - 12:00pm

CALGARY, AB, Jan. 14, 2021 /PRNewswire/ -OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy" or the "Company") today provided Bonterra Energy Corp. ("Bonterra") shareholders with compelling reasons why combining Bonterra and Obsidian Energy is in their best interests through increased shareholder value.

Key Points: 
  • CALGARY, AB, Jan. 14, 2021 /PRNewswire/ -OBSIDIAN ENERGY LTD. (TSX: OBE) (OTCQX: OBELF) ("Obsidian Energy" or the "Company") today provided Bonterra Energy Corp. ("Bonterra") shareholders with compelling reasons why combining Bonterra and Obsidian Energy is in their best interests through increased shareholder value.
  • Obsidian Energy urges Bonterra shareholders to be part of a stronger company with a far superior future by accepting the Company's offer (the "Offer") to purchase all of the outstanding Bonterra common shares ("Bonterra Shares") in consideration for two Obsidian Energy common shares for each Bonterra Share tendered to the Offer.
  • Bonterra shareholders are strongly encouraged to read the Offer Documents carefully and in their entirety, since they contain additional important information regarding Obsidian Energy and the terms and conditions of the Offer as well as detailed instructions on how Bonterra shareholders can tender their Bonterra Shares to the Offer.
  • Bonterra shareholders can also view the Offer specific webpage on Obsidian Energy's website , where they can review the Offer presentation , letter to Bonterra shareholders and other key information related to the Offer.

LaSalle Strengthens Board and Management Team - Appoints Eustache Director, Sexton VP Exploration

Wednesday, January 13, 2021 - 2:00pm

Laurent brings a wide array of valuable skillsets to the Board including a thorough understanding of the junior exploration landscape.

Key Points: 
  • Laurent brings a wide array of valuable skillsets to the Board including a thorough understanding of the junior exploration landscape.
  • We are equally excited to have Alan join the management team as we rapidly advance our current project portfolio and beyond.
  • As of September 2020, Laurent is the VP Corporate Development and a Director of Vior Inc., a mining exploration company active in Quebec.
  • Mr. Sexton has held management roles and participated in several regional to property-scale mineral prospectivity studies of Archean greenstone belts.

Riverside Reports on the First Phase of Drilling at the Cuarentas Gold Project, Sonora, Mexico

Tuesday, January 12, 2021 - 12:00pm

Figure 1: Interpretative cross section of Santa Rosalia Mine including drilling results from October and November 2020.

Key Points: 
  • Figure 1: Interpretative cross section of Santa Rosalia Mine including drilling results from October and November 2020.
  • These areas show extensive alteration, favorable geology, mineralization and will be part of a second phase of exploration drilling at the Cuarentas Project.
  • Core samples collected at Cuarentas were taken to the Bureau Veritas Laboratories in Hermosillo, Mexico for sample preparation and fire assay analysis for gold and silver.
  • Riverside has additional properties available for option, with more information available on the Company's website at www.rivres.com .

Clarity Gold Advances Option to Acquire Destiny Project

Monday, January 11, 2021 - 12:00pm

Were excited to move forward along our path to acquire the Destiny Project from Big Ridge, said James Rogers, CEO of Clarity.

Key Points: 
  • Were excited to move forward along our path to acquire the Destiny Project from Big Ridge, said James Rogers, CEO of Clarity.
  • The acquisition of the Destiny Project is a transformational step for Clarity Gold as we become focused on advancing this exciting project in the prolific Abitibi Greenstone Belt.
  • Under the Option Agreement, Clarity has the option (the Option) to acquire up to 100% of Big Ridges right, title and interest of the Destiny Project located in the prolific Abitibi Region in Quebec (theTransaction).
  • The current exploration potential is based on decades of past work on the Destiny Project.

Pasofino Gold Announces Change of Officers

Wednesday, December 30, 2020 - 9:11pm

Toronto, Ontario--(Newsfile Corp. - December 30, 2020) - Pasofino Gold Limited (TSXV: VEIN) (FSE: N07) ("Pasofino" or the "Company") announces that Mr. Steve Dunn has resigned as President and Chief Executive Officer - North America.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - December 30, 2020) - Pasofino Gold Limited (TSXV: VEIN) (FSE: N07) ("Pasofino" or the "Company") announces that Mr. Steve Dunn has resigned as President and Chief Executive Officer - North America.
  • Mr. Ian Stalker, President and Chief Executive Officer - Africa, has been appointed President and Chief Executive Officer of Pasofino.
  • Pasofino Gold Ltd. is a Canadian-based mineral exploration company listed on the TSX-V (VEIN) and FSE (N07).
  • Pasofino is earning a 50% interest in the advanced-stage Roger Gold-Copper Project located in Quebec's prolific Abitibi Greenstone Belt.

Global $900 Million Pyroxenite Market Outlook to 2027 by Grade, Application, Region, Competitive Landscape - ResearchAndMarkets.com

Wednesday, December 30, 2020 - 4:20pm

Global Pyroxenite market accounted for $0.68 billion in 2019 and is expected to reach $0.90 billion by 2027 growing at a CAGR of 3.5% during the forecast period.

Key Points: 
  • Global Pyroxenite market accounted for $0.68 billion in 2019 and is expected to reach $0.90 billion by 2027 growing at a CAGR of 3.5% during the forecast period.
  • Increase in demand for pyroxenite in steel & iron making applications is driving the growth of the market.
  • Pyroxenite, dark-coloured, intrusive igneous rock that consists of minerals that belong to pyroxenes group- predominantly, ferromagnesian minerals other than olivine.
  • Covers Market data for the years 2018, 2019 2020, 2024, and 2027
    Company profiling with detailed strategies, financials, and recent developments

Pasofino Gold Announces Annual General and Special Meeting, Approval of Consolidation of Common Shares and Election of New Director

Tuesday, December 22, 2020 - 6:25pm

Additional information concerning the Meeting is available in the Company's management information circular dated November 9, 2020.

Key Points: 
  • Additional information concerning the Meeting is available in the Company's management information circular dated November 9, 2020.
  • Pasofino Gold Ltd. is a Canadian-based mineral exploration company listed on the TSX-V (VEIN) and FSE (N07).
  • Pasofino is earning a 50% interest in the advanced-stage Roger Gold-Copper Project located in Quebec's prolific Abitibi Greenstone Belt.
  • The Company does not undertake to update any forward-looking information except in accordance with applicable securities laws.

St. James Gold Announces Option Agreement To Acquire An 100% Interest In Claims Covering 1,791 Acres In The Gander Gold District Of North Central Newfoundland Island

Thursday, December 17, 2020 - 1:30pm

The gold prospects with the Queensway North project and surroundings are typical of greenstone belts around the world but have been relatively underexplored.

Key Points: 
  • The gold prospects with the Queensway North project and surroundings are typical of greenstone belts around the world but have been relatively underexplored.
  • Mr. Froude will retain a royalty of 2% net smelter returns on production from the Grub Line Claims.
  • St. James Gold Corp. is a mineral exploration company focused on the acquisition, exploration and development of precious metal projects in North America.
  • Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information.

Athabasca Minerals Announces Q3 2020 Financial Results and Investor Update

Wednesday, November 25, 2020 - 11:00pm

Athabasca is an integrated group of companies focused on the aggregates, industrial minerals and resource sectors, including exploration and development; aggregates marketing and midstream supply-logistics solutions.

Key Points: 
  • Athabasca is an integrated group of companies focused on the aggregates, industrial minerals and resource sectors, including exploration and development; aggregates marketing and midstream supply-logistics solutions.
  • The Corporation is strategically focused on growing its three core business units: the AMI Aggregates division, the AMI RockChain division, and the AMI Silica division.
  • Management is continually pursuing opportunities for sustained growth and diversification in supplying aggregate products and industrial minerals.
  • Actual performance and results could differ materially from those currently anticipated due to a number of factors and risks.