Petrology

Xtierra Initial Drill Results on the Victor Vein

Retrieved on: 
Thursday, February 4, 2021
Earth sciences, Geology, Economic geology, Structural geology, Articles, Woodworking, Petrology, Stockwork, Drilling, Vein, holE, Drill

Commenting on the results, Tim Gallagher, Company President said, "The drill results on the first two holes are consistent with our expectations and demonstrate both the tenor and the continuity of the mineralization within the Victor vein which should add tonnage and increase the value of the Bilbao deposit, especially with the much-improved outlook for silver prices, approaching the US$30 per ounce level.

Key Points: 
  • Commenting on the results, Tim Gallagher, Company President said, "The drill results on the first two holes are consistent with our expectations and demonstrate both the tenor and the continuity of the mineralization within the Victor vein which should add tonnage and increase the value of the Bilbao deposit, especially with the much-improved outlook for silver prices, approaching the US$30 per ounce level.
  • Three more holes, X6B, X7B and X8B have now been completed for a total of 1,067.75 meters and we expect the final drill results in approximately two weeks."
  • The fifth and final hole, X8B was drilled just north of the southernmost previous drill hole X100 which intersected 1 meter of 810 g/t Ag to test the extension of the Victor vein where it intersects a manto stockwork area.
  • For further information contact Xtierra Inc. at [email protected] .

Rising Power Generation Activities Boost Fabulous Demand Opportunities in Mined Anthracite Coal Market: TMR

Retrieved on: 
Wednesday, February 3, 2021
Coal mining, Geology, Earth sciences, Petrology, Coal, Anthracite, Mining

The researchers at Transparency Market Research (TMR) are of the opinion that that the global mined anthracite coal market will show growth at moderate pace in the assessment period of 20192027.

Key Points: 
  • The researchers at Transparency Market Research (TMR) are of the opinion that that the global mined anthracite coal market will show growth at moderate pace in the assessment period of 20192027.
  • Remarkable growth in power generation activities is expected to push the growth of market for mined anthracite coal in the years ahead.
  • This scenario is generating prodigious sales opportunities for vendors working in the global mined anthracite coal market.
  • This factor is likely to drive the demand opportunities in the global mined anthracite coal market throughout the forecast period of 2019 to 2027.

Rising Power Generation Activities Boost Fabulous Demand Opportunities in Mined Anthracite Coal Market: TMR

Retrieved on: 
Wednesday, February 3, 2021
Coal mining, Geology, Earth sciences, Petrology, Anthracite, Coal

- Presence of many anthracite coal exporters makes Asia Pacific one of the dominant regions in the mined anthracite coal market.

Key Points: 
  • - Presence of many anthracite coal exporters makes Asia Pacific one of the dominant regions in the mined anthracite coal market.
  • Remarkable growth in power generation activities is expected to push the growth of market for mined anthracite coal in the years ahead.
  • This scenario is generating prodigious sales opportunities for vendors working in the global mined anthracite coal market.
  • This factor is likely to drive the demand opportunities in the global mined anthracite coal market throughout the forecast period of 2019 to 2027.

The Obsidian Collection Archives Launches Site with Licensed Images Curated from Legacy Black Newspapers and Photographers

Retrieved on: 
Monday, February 1, 2021
Fictional characters, Igneous petrology, Petrology, Gemstones, Lithics, Obsidian, Volcanology, Henry Ford, Digitization

Black history, arts and culture as portrayed in images provided exclusively from legacy Black newspapers, photographers, archives and community groups around the country are now available for viewing and licensing online at theobsidianimages.com .

Key Points: 
  • Black history, arts and culture as portrayed in images provided exclusively from legacy Black newspapers, photographers, archives and community groups around the country are now available for viewing and licensing online at theobsidianimages.com .
  • The Obsidian Collection Archives' Founder and Executive Director Angela Ford describes the platform as "the Black Stock Photos" with a key distinction.
  • "One of the criteria is that the images tell Black stories through the eyes of Black people, the way we see ourselves," Ford said.
  • In her Talk at Google , Ford shared her strategy to digitize black archives to generate revenue streams for black media and help the next generation of Black storytellers tell more authentic stories.

Generic Gold Announces Appointment of Director and Grant of Options

Retrieved on: 
Thursday, January 28, 2021
Geology, Earth sciences, Petrology, Greenstone belts, Metamorphic petrology, Abitibi greenstone belt, Abitibi, Greenstone, YUKON

Mr. Dionne has had many successes in the mining industry and strongly believes in the future growth of the gold sector, specifically the prospect of new discoveries.

Key Points: 
  • Mr. Dionne has had many successes in the mining industry and strongly believes in the future growth of the gold sector, specifically the prospect of new discoveries.
  • Generic Gold also announces the grant of an aggregate of 700,000 options to purchase common shares of the Company exercisable at a price of $0.40 per share for a period of five (5) years from the date of grant, to certain directors and consultants of the Company.
  • The common shares issuable upon exercise of the options are subject to a statutory hold period of four months and one day from the original date of grant.
  • Generic Gold is a Canadian mineral exploration company focused on gold projects in the Tintina Gold Belt in the Yukon Territory of Canada and the Abitibi Greenstone Belt in Quebec, Canada.

Silver Bull Announces Maiden NI 43-101 Resource of 2.33 Million Ounces of Gold & 476 Thousand Tonnes of Copper in the “Indicated” Category, and 1.56 Million Ounces of Gold & 220 Thousand Tonnes of Copper in the “Inferred” Category at the Beskauga

Retrieved on: 
Thursday, January 28, 2021
Geology, Earth sciences, Igneous rocks, Economic geology, Structural geology, Petrology, Stockwork, Porphyry, Granodiorite

Average copper recovery was 81.7% copper and 51.8% for both gold and silver.

Key Points: 
  • Average copper recovery was 81.7% copper and 51.8% for both gold and silver.
  • Pit walls are set at 42 degrees in the overburden and 45 degrees in the hard rock.
  • Mining costs were assumed to be US$1.00 in overburden and US$1.50/tonne in the hard rock and processing costs were assumed to be US$5.70/tonne.
  • Sulphides occur as fine-grained disseminations as well as in stockwork veins and veinlets, associated with an elongated granodiorite porphyry intrusion.

Obsidian Energy Announces Extension of its Offer to Purchase the Shares of Bonterra Energy Corp.

Retrieved on: 
Monday, January 25, 2021
Igneous petrology, Petrology, Stock market, Obsidian Energy, Geology, Toronto Stock Exchange, Obsidian, Shareholder

Examples of Mr. Fink's questionable trading activities and Bonterra's misinformation and fearmongering include:

Key Points: 
  • Examples of Mr. Fink's questionable trading activities and Bonterra's misinformation and fearmongering include:
    Since the Offer commenced, the respective share prices of Obsidian Energy and Bonterra have moved towards or exceeded the exchange ratio represented by our Offer of two Obsidian Energy common shares for each Bonterra Share tendered.
  • On numerous occasions this trading represented over 20% of the overall daily trading volume of Bonterra Shares on the TSX.
  • The Bonterra Board appears to have done nothing to restrain Mr. Fink's trading and has not clarified its impact to Bonterra shareholders.
  • 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.

Obsidian Energy Announces Extension of its Offer to Purchase the Shares of Bonterra Energy Corp.

Retrieved on: 
Monday, January 25, 2021
Igneous petrology, Petrology, Stock market, Obsidian Energy, Geology, Toronto Stock Exchange, Obsidian, Shareholder

Examples of Mr. Fink's questionable trading activities and Bonterra's misinformation and fearmongering include:

Key Points: 
  • Examples of Mr. Fink's questionable trading activities and Bonterra's misinformation and fearmongering include:
    Since the Offer commenced, the respective share prices of Obsidian Energy and Bonterra have moved towards or exceeded the exchange ratio represented by our Offer of two Obsidian Energy common shares for each Bonterra Share tendered.
  • On numerous occasions this trading represented over 20% of the overall daily trading volume of Bonterra Shares on the TSX.
  • The Bonterra Board appears to have done nothing to restrain Mr. Fink's trading and has not clarified its impact to Bonterra shareholders.
  • 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.

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

Retrieved on: 
Monday, January 18, 2021
Petrology, Geology, Earth sciences, Metamorphic petrology, Metavolcanic rock, Greenstone belt, Greenstone, Karas

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

Retrieved on: 
Thursday, January 14, 2021
Fictional characters, Igneous petrology, Petrology, Obsidian Energy, Obsidian, Shareholder

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.