National Instrument 43-101

Jourdan To Drill Baillargé Extensively

Retrieved on: 
Thursday, March 16, 2023

TORONTO, March 16, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORFF; FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to announce details of its planned summer exploration program on its Baillargé project.

Key Points: 
  • TORONTO, March 16, 2023 (GLOBE NEWSWIRE) -- JOURDAN RESOURCES INC. (TSXV: JOR; OTCQB: JORFF; FRA: 2JR1) (“Jourdan” or the “Company“) is pleased to announce details of its planned summer exploration program on its Baillargé project.
  • Jourdan applied for and has obtained permits for 20 drillhole sites, which are intended to test the four different pegmatites with known spodumene occurrences.
  • Soil sampling over the Baillargé property (Figure 1) indicated anomalies in the vicinity of the outcrops, namely just south of Lac Baillargé.
  • “We intend to embark on an extensive exploration program at Baillargé”, said Dr. Andy Rompel, executive chairman of Jourdan, “as we see similar potential to our flagship Vallée project with its highly prolific pegmatite swarm.

Grounded Lithium Announces Closing of Strategic Land Acquisition and Increased Resource Base to 4.2 Million Tonnes Lithium Carbonate Equivalent

Retrieved on: 
Thursday, March 16, 2023

The acquisition brings GLC's total corporate landholdings, both Crown and freehold, to 333 sections (86,229 hectares).

Key Points: 
  • The acquisition brings GLC's total corporate landholdings, both Crown and freehold, to 333 sections (86,229 hectares).
  • Total lithium carbonate equivalent ("LCE") inferred resources for the KLP now equals 4.2 million tonnes.
  • GLC's resource is of comparable scale to the resource base of certain other lithium from brine operators in the Province of Saskatchewan, which have been the subject of recent corporate activity.
  • The incremental inferred resource base on the acquired sections is approximately 482,000 tonnes of LCE.

Electric Royalties Ltd. to Acquire 0.5% Gross Revenue Royalty on Kenbridge Nickel Project in Ontario, Canada

Retrieved on: 
Monday, March 6, 2023

Electric Royalties will also have the option, for a period of 18 months after closing of the Transaction, to acquire a further 0.5% GRR on the Kenbridge Nickel Project for C$1,750,000 cash consideration.

Key Points: 
  • Electric Royalties will also have the option, for a period of 18 months after closing of the Transaction, to acquire a further 0.5% GRR on the Kenbridge Nickel Project for C$1,750,000 cash consideration.
  • Brendan Yurik, CEO of Electric Royalties commented, "We're excited to partner with Tartisan Nickel on advancing the Kenbridge nickel-copper-cobalt project in Ontario.
  • Mark Appleby, CEO of Tartisan Nickel Corp. states, "Electric Royalties has a growing portfolio of 21 royalties, including two royalties that currently generate revenue.
  • We look forward to our partnership with Electric Royalties as Tartisan Nickel Corp. enters the feasibility, project development stage."

Palladium One and MetalCorp Enter into Definitive Agreement for a Business Combination

Retrieved on: 
Monday, March 6, 2023

TORONTO, ON, Mar 6, 2023 - (ACN Newswire) - Palladium One Mining Inc. (TSXV: PDM) (FSE: 7N11) (OTCQB: NKORF) ("Palladium One" or "PDM") and MetalCorp Limited (TSXV: MTC) ("MetalCorp" or "MTC") are pleased to announce a definitive agreement (the "Arrangement Agreement") for a business combination to be completed under a plan of arrangement.

Key Points: 
  • TORONTO, ON, Mar 6, 2023 - (ACN Newswire) - Palladium One Mining Inc. (TSXV: PDM) (FSE: 7N11) (OTCQB: NKORF) ("Palladium One" or "PDM") and MetalCorp Limited (TSXV: MTC) ("MetalCorp" or "MTC") are pleased to announce a definitive agreement (the "Arrangement Agreement") for a business combination to be completed under a plan of arrangement.
  • Palladium One has agreed pursuant to the Arrangement Agreement to acquire all of the issued and outstanding shares of MetalCorp by way of a statutory plan of arrangement under the Business Corporations Act (Ontario) (the "Transaction").
  • "We are pleased to be combining MetalCorp's business with Palladium One," commented Donald Sheldon, Chief Executive Officer of MTC.
  • "Like MetalCorp, Palladium One has an excellent suite of properties including gold, PGEs, copper - nickel and a strong cash position.

Imperial Reports 2022 Financial Results

Retrieved on: 
Wednesday, March 15, 2023

Exploration, development, and capital expenditures in 2022 were $2.8 million compared to $2.1 million in 2021.

Key Points: 
  • Exploration, development, and capital expenditures in 2022 were $2.8 million compared to $2.1 million in 2021.
  • Porcher Island Gold: In 2022, a soil and rock geochemical survey was carried out over features highlighted from the 2021 LiDAR and Orthographic Survey.
  • Also carried out in 2022 was a regional geological mapping and geochemical sampling program completed over Huckleberry, Whiting Creek and select targets.
  • For additional information, refer to Imperial’s 2022 Management Discussion and Analysis Report available on imperialmetals.com and sedar.com.

Monarch Provides Exploration Update on Its McKenzie Break and Swanson Projects

Retrieved on: 
Wednesday, March 15, 2023

A total of 3,891 samples to be sent to the laboratory for assaying this week: 2,759 samples for McKenzie Break and 1,132 samples for Swanson

Key Points: 
  • A total of 3,891 samples to be sent to the laboratory for assaying this week: 2,759 samples for McKenzie Break and 1,132 samples for Swanson
    MONTRÉAL, March 15, 2023 (GLOBE NEWSWIRE) -- MONARCH MINING CORPORATION (“Monarch” or the “Corporation”) (TSX: GBAR) (OTCQB: GBARF) is pleased to provide an update on its exploration activities on its wholly owned McKenzie Break and Swanson gold projects.
  • The drilling portion of the 2022 drilling program on McKenzie Break, totalling 16,146 metres in 53 holes, was completed in August 2022.
  • Since the publication of the 2021 MRE by Geologica and GoldMinds, Monarch has drilled a total of 41,465 m in 121 drill holes.
  • “The remaining drill results from our latest programs on McKenzie Break and Swanson will provide us with information we need to plan the next stage of exploration on those properties,” said Jean-Marc Lacoste, President and Chief Executive Officer of Monarch.

Exploration Target Significantly Enhanced at Red Chris East Ridge

Retrieved on: 
Tuesday, March 14, 2023

Drilling indicates East Ridge could contain higher gold and copper grades than Cave Block 2, the second East Zone block cave.

Key Points: 
  • Drilling indicates East Ridge could contain higher gold and copper grades than Cave Block 2, the second East Zone block cave.
  • The East Ridge mineralisation could provide the opportunity to change the block cave sequencing and target these higher-grade tonnes after Cave Block 1, the first East Zone block cave.
  • At least 10 additional diamond drill holes are planned to test and close out the Exploration Target and determine geotechnical and metallurgical characteristics.
  • Work will be undertaken to deliver an updated Red Chris Mineral Resource estimate including East Ridge in 2023.

Canada Nickel Demonstrates Robust Nickel Recoveries at the Reid Ultramafic Nickel Project, Announces Closing of Texmont Acquisition

Retrieved on: 
Wednesday, March 15, 2023

TORONTO, March 15, 2023 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce robust nickel recoveries from the first metallurgical test on a sample from the Reid property.

Key Points: 
  • TORONTO, March 15, 2023 /PRNewswire/ - Canada Nickel Company Inc. ("Canada Nickel" or the "Company") (TSXV: CNC) (OTCQX: CNIKF) is pleased to announce robust nickel recoveries from the first metallurgical test on a sample from the Reid property.
  • The test utilized the same mineral processing flowsheet designed for the Company's flagship Crawford Nickel Sulphide project.
  • This initial open circuit test was completed by the Company's third party lab partners on a sample from the higher grade area at the Reid property.
  • The final nickel concentrates had a combined nickel grade of 46% and cobalt grade of 0.27%.

West Red Lake Gold Commences 2023 Phase 1 Drill Program

Retrieved on: 
Monday, March 13, 2023

VANCOUVER, British Columbia, March 13, 2023 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) is pleased to announce that it has commenced its 2023 Phase 1 drill program at its 100% owned West Red Lake Gold Project.

Key Points: 
  • VANCOUVER, British Columbia, March 13, 2023 (GLOBE NEWSWIRE) -- West Red Lake Gold Mines Ltd. (“West Red Lake Gold” or “WRLG” or the “Company”) (TSXV: WRLG) is pleased to announce that it has commenced its 2023 Phase 1 drill program at its 100% owned West Red Lake Gold Project.
  • The West Red Lake Gold Project is a 3,100-hectare (“ha”) area consisting of three properties (Mount Jamie, Red Summit, and Rowan) all located in the Red Lake District of Ontario and borders Evolution Mining's Red Lake gold complex.
  • Tom Meredith, CEO, stated, “We are excited to be back drilling on the West Red Lake Gold Project.
  • All of WRLG’s exploration plans for 2023 represent the most aggressive exploration campaign in recent history at the West Red Lake Gold Project.

Vital Battery Metals Adds to Lithium Portfolio with Acquisition of Dickson Lake Lithium Project

Retrieved on: 
Monday, March 13, 2023

Vital Battery Metals Inc. (“Vital” or the “Company”) (CSE: VBAM |OTC: VBAMF | FRA: C0O) is pleased to announce it has increased its presence in the lithium market by acquiring, for the cost of staking, the Dickson Lake Lithium Project (“Dickson” or the “Project”).

Key Points: 
  • Vital Battery Metals Inc. (“Vital” or the “Company”) (CSE: VBAM |OTC: VBAMF | FRA: C0O) is pleased to announce it has increased its presence in the lithium market by acquiring, for the cost of staking, the Dickson Lake Lithium Project (“Dickson” or the “Project”).
  • The Project consists of 464 single-cell mining claims covering approximately 9,780 hectares and is near Imagine Lithium and Georgia Lake Lithium Deposits.
  • With the recent acquisitions of Dickson and the Schofield Lithium Project, the Company now owns over 18,000 hectares of prospective lithium properties in Northern Ontario.
  • Chief Executive Officer of Vital, Adrian Lamoureux, comments, “We are very proud to add the Dickson Lake Lithium Project to our portfolio.