National Instrument 43-101

LEXI Begins Next Phase of Lithium Exploration at Antofalla South Project

Retrieved on: 
Tuesday, August 1, 2023

Lithium Energi Exploration Inc. (TSXV: LEXI) (“LEXI” or the “Company”) is pleased to announce the commencement of a new geophysical exploration campaign in its Antofalla South Project , marking another significant step in our journey to produce the lithium required to actually build the energy transition.

Key Points: 
  • Lithium Energi Exploration Inc. (TSXV: LEXI) (“LEXI” or the “Company”) is pleased to announce the commencement of a new geophysical exploration campaign in its Antofalla South Project , marking another significant step in our journey to produce the lithium required to actually build the energy transition.
  • Using the data obtained, LEXI will prepare an exploration drilling campaign anticipated to commence in Q4 2023.
  • “With the first well in Antofalla North now complete, and the second well in our Antofalla North Project to commence shortly, we plan to use this momentum to expand LEXI’s footprint throughout the salar by exploring our Antofalla South Project,” stated LEXI’s CEO, Ali Rahman.
  • The area covers salt crust, such as that hosting the adjacent Albemarle lithium project, covering the core of the salt lake.

ASCENDANT RESOURCES EARNS 80% INTEREST IN THE LAGOA SALGADA PROJECT IN PORTUGAL AND FILES FEASIBILITY STUDY

Retrieved on: 
Tuesday, August 1, 2023

As a result, Ascendant now holds an 80% interest in the Lagoa Salgada Project through Redcorp Empreedimentos Mineiros Lda ("Redcorp").

Key Points: 
  • As a result, Ascendant now holds an 80% interest in the Lagoa Salgada Project through Redcorp Empreedimentos Mineiros Lda ("Redcorp").
  • The CIM Code is an internationally recognized reporting code as defined by the Committee for Mineral Reserves International Reporting Standards.
  • If EDM elects to exercise its option, the MF&I interest will be reduced to 5% and MF&I will have the right to put this interest to Ascendant.
  • Mark Brennan, Executive Chairman of Ascendant stated, "The completion of this initial feasibility study and solidifying our 80% interest in the Laga Salgada project, marks a significant milestone for the Company.

Mayfair Gold Reports Positive Results from Ongoing Metallurgical Testing

Retrieved on: 
Tuesday, August 1, 2023

VANCOUVER, British Columbia, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to report positive results from the Company’s ongoing metallurgical test program on mineral samples from the Company’s 100% controlled Fenn-Gib deposit located in the Timmins region of Northeast Ontario.

Key Points: 
  • VANCOUVER, British Columbia, Aug. 01, 2023 (GLOBE NEWSWIRE) -- Mayfair Gold Corp. (“Mayfair” or the “Company”) (TSX-V: MFG; OTCQB: MFGCF) is pleased to report positive results from the Company’s ongoing metallurgical test program on mineral samples from the Company’s 100% controlled Fenn-Gib deposit located in the Timmins region of Northeast Ontario.
  • Metallurgical test work was completed at SGS-Lakefield (“SGS”) under the guidance of Mr. Steve Haggarty, P.Eng.
  • The improved metallurgical recoveries are included in the recently published July 26, 2023 Fenn-Gib Project NI-43101 Technical Report, with an effective date of April 6, 2023.
  • The clean pyrite concentrate is attractive as a smelter feed providing a fuel source with payable gold content.

Calibre Reports Additional Near Surface, Resource Expansion, Drill Results at Its Pan Gold Mine in Nevada; Initial Results Include 1.23 g/t Gold Over 38.1 Metres and 0.89 g/t Gold Over 54.9 Metres

Retrieved on: 
Tuesday, August 1, 2023

Highlights from the Palomino and Dynamite targets include:

Key Points: 
  • Highlights from the Palomino and Dynamite targets include:
    1.23 g/t Au over 38.1 metres including 2.97 g/t Au over 12.2 metres in Hole PR23-080;
    0.87 g/t Au over 16.8 metres and 1.58 g/t Au over 21.3 metres including 2.56 g/t Au over 10.7 metres in Hole PR23-088;
    1.13 g/t Au over 22.9 metres including 2.82 g/t Au over 4.6 metres in Hole PR23-056;
    0.89 g/t Au over 54.9 metres including 1.17 g/t Au over 4.6 metres, 1.41 g/t Au over 9.1 metres and 1.19 g/t Au over 10.7 metres in Hole PR23-066;
    1.26 g/t Au over 13.7 metres including 1.72 g/t Au over 9.1 metres and 1.07 g/t Au over 10.7 metres including 1.75 g/t Au over 4.6 metres in Hole PR23-076; and
    0.59 g/t Au over 32.0 metres in Hole PR23-086.
  • 0.70 g/t Au over 18.3 metres and 0.79 g/t Au over 32 metres including 2.31 g/t Au over 6.1 metres and 1.21 g/t Au over 3.1 metres in Hole PR23-047;
    0.54 g/t Au over 27.4 metres in Hole PR23-049; and
    0.50 g/t Au over 91.4 metres in Hole PR23-050.
  • Some drill holes and intercepts reported here did not cross mineralization perpendicularly, and do not represent exact ‘true widths.
  • Assays were performed by Bureau Veritas, Reno where fire assays were determined on a 30-gram charge with an AAS finish.

Romios Reports Results from New Targets at the Scossa Gold Project and the Kinkaid Gold-Silver-Copper Project in Nevada, USA

Retrieved on: 
Monday, July 31, 2023

This area has never been systematically explored and now offers potential to substantially expand the length of the mineralized vein system.

Key Points: 
  • This area has never been systematically explored and now offers potential to substantially expand the length of the mineralized vein system.
  • SCOSSA: The historic Scossa mine exploited 5 main epithermal veins that produced high-grade gold ore from relatively shallow underground workings.
  • This model clearly shows a highly prospective, untested portion of the main Scossa vein down-plunge from the past workings at shallow depths.
  • Geo., Vice President, Exploration for Romios Gold and a Qualified Person as defined by National Instrument 43-101.

Pan American Energy Announces Completion of Phase Two Drilling Program at the Horizon Lithium Project, Esmeralda County, Nevada

Retrieved on: 
Monday, July 31, 2023

CALGARY, Alberta, July 31, 2023 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS60) is pleased to announce the completion of its Phase 2 exploratory subsurface drill program at its Horizon Lithium Project (“Horizon”) in Big Smoky Valley, Nevada.

Key Points: 
  • CALGARY, Alberta, July 31, 2023 (GLOBE NEWSWIRE) -- Pan American Energy Corp. (the “Company” or “Pan American”) (CSE: PNRG) (OTC PINK: PAANF) (FRA: SS60) is pleased to announce the completion of its Phase 2 exploratory subsurface drill program at its Horizon Lithium Project (“Horizon”) in Big Smoky Valley, Nevada.
  • Following the success of the Phase 1 exploratory drilling program, where a lithium mineralization discovery was made, the Phase 2 exploratory drilling program consisted of nine targeted diamond core drill holes at Horizon, aggregating a total of 6,856 feet of drilling.
  • The successful completion of the drill program represents another milestone for Pan American as it works towards delineating the size, quality, and economic viability of the newly discovered lithium mineralization at Horizon.
  • Preliminary Highlights from the Phase 2 drilling program include:
    A total of nine boreholes were drilled and cored over 65 days of rig time.

Trailbreaker Resources Adds Intrusion Related Sheldon Property Located in the Tombstone Gold Belt - Yukon

Retrieved on: 
Monday, July 31, 2023

The Sheldon property covers a “Reduced Intrusion Related Gold System” (RIRGS), located within the Tombstone Gold Belt of the Selwyn Basin.

Key Points: 
  • The Sheldon property covers a “Reduced Intrusion Related Gold System” (RIRGS), located within the Tombstone Gold Belt of the Selwyn Basin.
  • Figure 1: Location of the Sheldon property within the Tombstone Gold Belt and the Selwyn Basin.
  • The Sheldon block is a legacy property originally held by Goldstrike Resources Ltd. Trailbreaker owns 100% of the property with no underlying payments or royalties.
  • The Sheldon property is centered on the mid-Cretaceous Sheldon stock, a member of the Tombstone Gold Belt intrusive suite emplaced within the Selwyn Basin of Yukon.

FREEMAN IMPROVES AVERAGE GOLD RECOVERIES TO 96.9% AND LEACH CIRCUIT TIME BY 50% FOR THE LEMHI GOLD DEPOSIT, IDAHO

Retrieved on: 
Monday, July 31, 2023

Freeman submitted two large shipments of drill core to refine process development aspects of the Lehmi gold deposit.

Key Points: 
  • Freeman submitted two large shipments of drill core to refine process development aspects of the Lehmi gold deposit.
  • Two master composites were created from the drill core, and each composite was assayed for gold in duplicate.
  • Gravity gold concentrate generated were submitted to intensive cyanidation leaching test to assess leachability of the gravity recoverable gold for each composite.
  • Cyanide leach testing evaluated the effect of grind size between 110 and 175 microns ("µm") on gold recoveries using gravity and Carbon-in-Leach ("CIL") circuits.

LithiumBank Announces Sale of Saskatchewan Projects to Pristine Lithium Corp.

Retrieved on: 
Monday, July 31, 2023

“The strategic sale of our Saskatchewan Assets to Pristine Lithium will expedite the unlocking of our Saskatchewan properties true potential while allowing LithiumBank to maintain a level of ownership of these assets.

Key Points: 
  • “The strategic sale of our Saskatchewan Assets to Pristine Lithium will expedite the unlocking of our Saskatchewan properties true potential while allowing LithiumBank to maintain a level of ownership of these assets.
  • “We look forward to being supportive partners as Pristine becomes the lithium brine leader in Saskatchewan.”
    “With this transaction, we are excited to be taking the first step towards creating a leading lithium brine developer based in Saskatchewan,” commented Nikolas Matysek, CEO of Pristine Lithium.
  • Figure 1: LithiumBank's Saskatchewan lithium brine projects under agreement to be sold to Pristine Lithium.
  • Neighbouring lithium exploration activities, adjacent to the Company’s South property have reported lithium grades ranging between 98 and 172 mg/L lithium.

Arbor Metals Announces Lifting of Forest Entry Ban at St. James, Quebec, Canada

Retrieved on: 
Monday, July 31, 2023

While road closures persist, Arbor has successfully secured helicopter access, expected to commence in August.

Key Points: 
  • While road closures persist, Arbor has successfully secured helicopter access, expected to commence in August.
  • The Company is now updating its work plan to accommodate these conditions and remains confident in its ability to complete its work program as planned.
  • The safety and well-being of our employees, contractors, and the surrounding communities are of paramount importance to us.
  • “We are pleased to hear that the forest entry ban has been lifted, allowing us to resume our work program with helicopter access.