Val-d'Or

Spod Lithium Completes Phase 1 of Its Exploration Program at Its Lithium Grande 4 and Megali Lithium Projects in James Bay Quebec

Retrieved on: 
Thursday, December 7, 2023

VANCOUVER, British Columbia, Dec. 07, 2023 (GLOBE NEWSWIRE) -- SPOD LITHIUM CORP. (“SPOD” or the “Company”) (CSE: SPOD) (OTCQB: SPODF) is pleased to report that the company has completed the 1st phase of its exploration program on its MegaLi ( 78 mineral claims covering a total area of 3,996.67 hectares - 40 square kilometres) and Lithium Grande 4 ( 41 mining claims covering 2,100 hectares - 21 square kilometres) projects located in James Bay, Quebec.

Key Points: 
  • Observation shows the potential to identify large pegmatites on Block C. Pegmatites are concentrated in 500-metre-wide swarms recognized over a kilometric strike length.
  • The MegaLi project shares its border with Patriot Battery Metals Inc’s Corvette property and is located about 3 km south from CV5 pegmatite system.
  • The potential drill targets will be further evaluated as part of the 2nd phase of the 2024 exploration program.
  • CV5 pegmatite outline interpreted from https: //patriotbatterymetals.com
    Source: Report on a Ground Gravity Survey Completed on the MegaLi Project, James Bay, Quebec, Submitted to Spod Lithium Corporation.

Abcourt Announces its Results for the Fourth Quarter and the Year ended June 30, 2023

Retrieved on: 
Friday, November 24, 2023

Following the ERM on Sleeping Giant, Abcourt completed a preliminary economic study published in June 2023.

Key Points: 
  • Following the ERM on Sleeping Giant, Abcourt completed a preliminary economic study published in June 2023.
  • Revenues of $7,014,494 for the year ended June 30, 2023, from the sale of gold from the cleaning of the Sleeping Giant mill.
  • A net loss of $5,337,044 for the year ended June 30, 2023, compared to a net loss of $21,621,251 for the same period in 2022.
  • For other assets, a drilling campaign is underway on its Flordin and Discovery deposits, and the Corporation plans to complete it in December 2023.

Probe Gold Commences Drilling Program on its Croinor Gold Property, Val-d’Or, Quebec

Retrieved on: 
Monday, November 20, 2023

TORONTO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- PROBE GOLD INC. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to announce the initiation of a 4,000-metre drilling program on its Croinor Gold property (the “Property”). Probe acquired this property in July of this year based on the potential for high-grade resource growth and additional regional discoveries on this underexplored land package. The property is proximal to the Company’s Novador project, and could represent additional feed for its proposed centralized mill (see details of the acquisition in the Company's press release dated July 13, 2023). The program will primarily focus on resource expansion of high-grade mineralization at the Croinor gold deposit. Two drill rigs have been deployed and will test 20 high-priority targets on this Probe's 100%-owned property (see Figure 1).

Key Points: 
  • TORONTO, Nov. 20, 2023 (GLOBE NEWSWIRE) -- PROBE GOLD INC. (TSX: PRB) (OTCQB: PROBF) (“Probe” or the “Company”) is pleased to announce the initiation of a 4,000-metre drilling program on its Croinor Gold property (the “Property”).
  • The program will primarily focus on resource expansion of high-grade mineralization at the Croinor gold deposit.
  • David Palmer, President and CEO of Probe, states: “We are pleased to have launched our initial drilling program on the Croinor property in such a short time since its acquisition.
  • The Croinor gold system remains open for expansion and a large part of the property was never explored using modern techniques.

O3 Mining Drill Results Confirm VMS Deposit Environment at Horizon Project

Retrieved on: 
Monday, November 13, 2023

TORONTO, Nov. 13, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce that it has received the results of the two inaugural drill holes completed over the prospective Volcanogenic Massive Sulphide ("VMS") belt within the Horizon Project, in Val-d'Or, Québec, Canada ("Horizon" or the "Horizon Project").

Key Points: 
  • TORONTO, Nov. 13, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce that it has received the results of the two inaugural drill holes completed over the prospective Volcanogenic Massive Sulphide ("VMS") belt within the Horizon Project, in Val-d'Or, Québec, Canada ("Horizon" or the "Horizon Project").
  • O3 Mining's President and Chief Executive Officer, Mr. José Vizquerra commented: "We are very excited about the initial results at the Horizon Project that confirm the discovery of a fertile environment supporting a highly prospective VMS deposit.
  • The sizeable prospective belt within the Horizon Project and the multiple geophysical anomalies identified by O3 Mining have provided the fundamental elements that allow for the discovery of VMS deposits.
  • The next steps at the Horizon Project will consist of fence drilling to identify the prospective horizons in terms of VMS deposition or emplacement.

Patriot Drills Widest Mineralized Pegmatite Intersection to Date at the Corvette Property, Quebec, Canada

Retrieved on: 
Monday, November 13, 2023

Blair Way, Company Director, President, and CEO, comments: "The Corvette Property continues to deliver, with our widest intercept to date.

Key Points: 
  • Blair Way, Company Director, President, and CEO, comments: "The Corvette Property continues to deliver, with our widest intercept to date.
  • Returned core sample assays indicating wide and high-grade pegmatite intercepts continue to be returned at CV5.
  • We would also like to thank our shareholders for their patience with reporting of analytical results this summer-fall.
  • The 172.4 m intersection is comprised of a near-continuous pegmatite interval with only 1.8 m of non-pegmatite dilution.

Foremost Lithium Finalizes Acquisition of Lac Simard South Property in Quebec

Retrieved on: 
Tuesday, September 19, 2023

VANCOUVER, British Columbia, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, today announced that it has made the second and final cash payment in the amount of $17,500 plus GST for the acquisition of Lac Simard South Property (the “Property”), previously announced on March 20, 2023.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 19, 2023 (GLOBE NEWSWIRE) -- Foremost Lithium Resource & Technology Ltd. (NASDAQ: FMST) (CSE: FAT) (“Foremost Lithium”, “Foremost” or the “Company”), a North American hard-rock lithium exploration company, today announced that it has made the second and final cash payment in the amount of $17,500 plus GST for the acquisition of Lac Simard South Property (the “Property”), previously announced on March 20, 2023.
  • Property Location Map of Lac Simard South in Quebec, Canada
    “Acquiring the Lac Simard South property aligns with our strategy to be in proximity of a lithium mine and concentrator,” said Jason Barnard, Chief Executive Officer and President of Foremost Lithium.
  • Lac Simard South Property Claims with surrounding concentrators and refineries.
  • Lac Simard South Property is located approximately 90km southwest from the NAL Lithium Processing Plant (a Piedmont/Sayona Joint Venture) (“NAL”).

First Mining Defines New Gold Zone with 6.52 g/t Au over 4.6 Metres in Initial Drilling Campaign at the Duparquet Gold Project

Retrieved on: 
Tuesday, September 5, 2023

The Buzz target is located immediately south of the current resource wireframes at First Mining Gold's Duparquet Deposit (see Figure 1, Figure 2).

Key Points: 
  • The Buzz target is located immediately south of the current resource wireframes at First Mining Gold's Duparquet Deposit (see Figure 1, Figure 2).
  • The Buzz Zone is a resource expansion target which is hosted within interpreted splay(s) off the prolific Destor Porcupine Fault Zone located in the Abitibi Greenstone Belt.
  • Significant assay results from the Duparquet Gold Project drilling program are reported below in Table 2, and drill locations are provided in Table 3.
  • Results from the current drilling validate the existing resource model, having intersected gold mineralization within the pit shell and interpreted wireframes.

O3 Mining Reports Results from Upper Camflo Drill Program, Marban Alliance

Retrieved on: 
Thursday, August 24, 2023

TORONTO, Aug. 24, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce that it has received the final results of its 1,806 metre drill program completed over the Upper Camflo area (North-West of the Kierens pit), within the Marban Alliance project, in Val-d'Or, Québec, Canada.

Key Points: 
  • TORONTO, Aug. 24, 2023 /PRNewswire/ - O3 Mining Inc. (TSXV: OIII) (OTCQX: OIIIF) ("O3 Mining" or the "Corporation") is pleased to announce that it has received the final results of its 1,806 metre drill program completed over the Upper Camflo area (North-West of the Kierens pit), within the Marban Alliance project, in Val-d'Or, Québec, Canada.
  • O3 Mining drilled eight holes for a total of 1,806 metres over the Upper Camflo area along the up-dip extension of a gold-bearing structure identified during the compilation of historical exploration drilling completed by Barrick Gold on the former Camflo mine.
  • The Upper Camflo drill program tested an area of 800 metres along strike for near surface gold mineralization near the border of the property.
  • Over the course of the 2021-2022 drill program, a total of 6,338 metres in 2 drill holes and 3 wedges were drilled on the Camflo Extension.

Medaro Mining Completes 2023 Exploration Work on the Rapide Lithium Property in Quebec

Retrieved on: 
Thursday, August 24, 2023

VANCOUVER, British Columbia, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Medaro Mining Corp. (CSE: MEDA OTC: MEDAF FWB: 1ZY) ("Medaro" or the "Company") is delighted to announce successful completion of the 2023 exploration fieldwork program (the "Program") on the Rapide Lithium Property (the "Property") located in Val-d'Or, Quebec, Canada.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 24, 2023 (GLOBE NEWSWIRE) -- Medaro Mining Corp. (CSE: MEDA OTC: MEDAF FWB: 1ZY) ("Medaro" or the "Company") is delighted to announce successful completion of the 2023 exploration fieldwork program (the "Program") on the Rapide Lithium Property (the "Property") located in Val-d'Or, Quebec, Canada.
  • This will expand on the work completed the exploration work at the Darlin property announced June 6th.
  • Michael Mulberry, CEO of Medaro, expressed his enthusiasm stating, "The completion of the 2023 exploration at Rapide program marks a significant milestone for Medaro Mining.
  • Medaro Mining Corp. remains dedicated to advancing the exploration and development of the Rapide Lithium Property, with an unwavering commitment to responsible and sustainable mining practices.

Q2 Metals Announces Sampling Results from Its Abridged Work Program and Provides an Operational Update

Retrieved on: 
Thursday, June 29, 2023

As a result, the mapping and sampling portion of the field work lasted only two days.

Key Points: 
  • As a result, the mapping and sampling portion of the field work lasted only two days.
  • Despite the pause to the field work, the Company is encouraged by the results of the work completed and plans to execute an ambitious work program of expedited mapping, sampling and drill-testing as soon as conditions allow.
  • This successfully verified the 2021 and 2022 work by the property vendors of 18 grab samples averaging 2.65% Li2O.
  • Only a small fraction of the Mia Trend has been looked at," said Neil McCallum, VP Exploration of Q2 Metals.