Petrology

One Bullion Limited announces first closing of C$1,020,000 through a non-brokered private placement & the signing of a LOI in connection with the company’s go public strategy

Retrieved on: 
Friday, October 23, 2020
Articles, Geology, Academic disciplines, Geophysical imaging, Plate tectonics, Greenstone belt, Metamorphic petrology, Petrology, Induced polarization, IP, Political polarization, Polarization

The Company intends to carry out an Induced Polarization (IP) Geophysical Survey over individual lines covering 107km of the Kraaipan greenstone belt.

Key Points: 
  • The Company intends to carry out an Induced Polarization (IP) Geophysical Survey over individual lines covering 107km of the Kraaipan greenstone belt.
  • These zones are interpreted to be Kalgold D-zone type targets and should, in all probability, produce significant Induced Polarisation (IP) anomalies.
  • I anticipate that with a well-executed plan, we will define the value hosted within this robust and very prospective project.
  • The Company does not intend, and does not assume any obligation, to update any forwardlooking information except as required by law.

/R E P E A T -- Trillium Gold Acquires Large Land Position in the Confederation Greenstone Belt of Red Lake/

Retrieved on: 
Wednesday, October 21, 2020
Petrology, Geology, Rocks, Greenstone belt, Metamorphic petrology, Greenstone, Warrant

This acquisition presents an opportunity to explore a large package of rocks with high potential for hosting gold in the Birch-Uchi greenstone belt.

Key Points: 
  • This acquisition presents an opportunity to explore a large package of rocks with high potential for hosting gold in the Birch-Uchi greenstone belt.
  • The property acquisition fits our strategy of investing in opportunities that have high gold discovery potential."
  • Trillium Gold will pay C$180,000 and issue 200,000 Trillium gold shares and 200,000 purchase warrants exercisable for a period of 2 years and having an exercise price of C$5.00 under the acquisition agreement.
  • This relationship is suggested to exist for many of the fault splays cutting the Confederation Greenstone Belt.

Trillium Gold Acquires Large Land Position in the Confederation Greenstone Belt of Red Lake

Retrieved on: 
Wednesday, October 21, 2020
Petrology, Geology, Rocks, Metamorphic petrology, Greenstone, Trillium, Greenstone belts

This acquisition presents an opportunity to explore a large package of rocks with high potential for hosting gold in the Birch-Uchi greenstone belt.

Key Points: 
  • This acquisition presents an opportunity to explore a large package of rocks with high potential for hosting gold in the Birch-Uchi greenstone belt.
  • Russell Starr, CEO of Trillium Gold comments "The land packages being acquired are prospective exploration targets given they lie along and near the structural corridor that includes the Great Bear Dixie Lake Project.
  • Trillium Gold will pay C$180,000 and issue 200,000 Trillium gold shares and 200,000 purchase warrants exercisable for a period of 2 years and having an exercise price of C$5.00 under the acquisition agreement.
  • This relationship is suggested to exist for many of the fault splays cutting the Confederation Greenstone Belt.

Rockridge Completes 100% Earn-In at Raney Gold Project and Provides Update from the Fall 2020 Drill Program

Retrieved on: 
Tuesday, October 20, 2020
Geology, Petrology, Rocks, Greenstone belts, Iamgold, Abitibi greenstone belt, Kirkland Lake, Abitibi

The Raney Gold Project is strategically located within the highly prospective west extension of the Abitibi Greenstone belt, proximal to several regional deposits.

Key Points: 
  • The Raney Gold Project is strategically located within the highly prospective west extension of the Abitibi Greenstone belt, proximal to several regional deposits.
  • IAMGOLD and JV partner Sumitomo Metals Mining recently decided to proceed with construction of their Cote gold project located 75 km southeast of Raney.
  • Earlier in 2020, Rockridge completed its initial drill program totalling 2,070 metres in nine diamond drill holes at the Raney Gold Project.
  • The Companys Raney Gold Project is a high-grade gold exploration project located in the same greenstone belt that hosts the world-class Timmins and Kirkland Lake lode gold mining camps.

A plan by a world leader that could destroy Earth must be stopped in ‘Volcanic Winter’

Retrieved on: 
Wednesday, September 30, 2020
Petrology, Geology, Articles, Volcanology, Doomsday scenarios, Volcanism, Climate change, Climate, Volcanic winter, Problem solving, Volcano

The vice president, Robert Jenkins, struggling for relevance with voters to be re-elected, takes charge of a plan to defeat climate change.

Key Points: 
  • The vice president, Robert Jenkins, struggling for relevance with voters to be re-elected, takes charge of a plan to defeat climate change.
  • Volcanic winter appears to be the answer to climate change and he becomes its champion.
  • Then he discovers volcanic winter is the equivalent to international genocide.
  • Probin sees volcanic winter as a way to solve the problem of climate change and give him the opportunity to discredit Jenkins and force his resignation.

Roxgold Receives Environmental Permit Approval for the Séguéla Gold Project

Retrieved on: 
Monday, September 28, 2020
Mining, Minerals, Natural Resources, Geology, Greenstone belt, Metamorphic petrology, Petrology, OTC Markets Group, Greenstone, Structure of the Earth

Roxgold is a Canadian-based gold mining company with assets located in West Africa.

Key Points: 
  • Roxgold is a Canadian-based gold mining company with assets located in West Africa.
  • The Company owns and operates the high-grade Yaramoko Gold Mine located on the Hound greenstone belt in Burkina Faso and is advancing the development and exploration of the Sgula Gold Project located in Cte dIvoire.
  • Roxgold trades on the TSX under the symbol ROXG and as ROGFF on OTCQX.
  • This news release contains forward-looking information within the meaning of applicable Canadian securities laws (forward-looking statements).

Athabasca Minerals Voting Results from 2020 Annual and Special Meeting

Retrieved on: 
Wednesday, September 23, 2020
Articles, Business, Academic disciplines, Industrial Minerals, Petroleum industry, Aggregate, Mineralogy, Pedology, Petrology, Midstream, Logistics

Incorporated in 2006, 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: 
  • Incorporated in 2006, 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.

Obsidian Energy Launches Exchange Offer for Bonterra Energy to Create the "Cardium Champion"

Retrieved on: 
Monday, September 21, 2020
Fictional characters, Petrology, Igneous petrology, Obsidian Energy, Obsidian, Toronto Stock Exchange

CALGARY, AB, Sept. 21, 2020 /PRNewswire/ -OBSIDIAN ENERGY LTD. (TSX: OBE), (OTCQX: OBELF) ("Obsidian Energy", "we", or "our") today announced that we have formally commenced our offer (the "Offer") to purchase all of the issued and outstanding common shares (the "Bonterra Shares") of Bonterra Energy Corp. (TSX BNE) ("Bonterra") for consideration consisting of two common shares of Obsidian Energy (the "Obsidian Shares") for each Bonterra Share tendered.

Key Points: 
  • CALGARY, AB, Sept. 21, 2020 /PRNewswire/ -OBSIDIAN ENERGY LTD. (TSX: OBE), (OTCQX: OBELF) ("Obsidian Energy", "we", or "our") today announced that we have formally commenced our offer (the "Offer") to purchase all of the issued and outstanding common shares (the "Bonterra Shares") of Bonterra Energy Corp. (TSX BNE) ("Bonterra") for consideration consisting of two common shares of Obsidian Energy (the "Obsidian Shares") for each Bonterra Share tendered.
  • Bonterra is over-levered and Bonterra shareholders are exposed to the risk that its syndicate banks withdraw their support of Bonterra.
  • Track Record of Success in Lowering Costs: Obsidian Energy's total cash cost per unit of production is lower than Bonterra.
  • This news release does not constitute an offer to buy or sell, or an invitation or a solicitation of an offer to buy or sell, any securities of Obsidian Energy or Bonterra.

Caldas Gold Updates Certain Prior Disclosure

Retrieved on: 
Friday, September 18, 2020
Geology, Petrology, Rocks, Films, Marmato, Caldas Department, Abitibi greenstone belt, Greenstone belt, Abitibi, Caldas

Caldas Gold has filed managements discussion and analysis of financial condition and results of operations (MD&A) of Caldas Finance Corp. for the financial year ended December 31, 2019 (the RTO Acquirer Annual MD&A).

Key Points: 
  • Caldas Gold has filed managements discussion and analysis of financial condition and results of operations (MD&A) of Caldas Finance Corp. for the financial year ended December 31, 2019 (the RTO Acquirer Annual MD&A).
  • Caldas Gold is a Canadian junior mining company currently advancing a major expansion and modernization of its underground mining operations at its Marmato Project in the Department of Caldas, Colombia.
  • Caldas Gold also owns 100% of the Juby Project, an advanced exploration-stage gold project located within the Shining Tree area in the southern part of the Abitibi greenstone belt about 100 km south-southeast of the Timmins gold camp.
  • This news release contains forward-looking information within the meaning of applicable Canadian securities legislation concerning the business, operations and financial performance of Caldas Gold.

Polymetal: Prognoz initial Ore Reserve estimate

Retrieved on: 
Thursday, September 17, 2020
Geology, Petrology, Sedimentary rock, Mineralization, Economic geology, Nature

Silver-copper-lead-zinc mineralization, represented by quartz-carbonate-sulphide veins, is located in a sequence of sedimentary rocks composed of Triassic sandstones and siltstones.

Key Points: 
  • Silver-copper-lead-zinc mineralization, represented by quartz-carbonate-sulphide veins, is located in a sequence of sedimentary rocks composed of Triassic sandstones and siltstones.
  • Mineralized material is partially oxidised with the depth of weathering varying widely dependent on relief and proximity of water table.
  • In October 2018, the Company completed JORC-compliant Mineral Resource estimate of 237 Moz of silver at 731 g/t.
  • The information in this report that relates to the Ore Reserves is based on and fairly represents information which has been compiled by Mr Paul O'Callaghan.