NI

SPEY RESOURCES CORP. ANNOUNCES KASLO, BC SILVER PROJECT ADVANCES

Retrieved on: 
Tuesday, September 19, 2023
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Vancouver, British Columbia, Sept. 18, 2023 (GLOBE NEWSWIRE) -- Spey Resources Corp. (CSE: SPEY) (OTC: SPEYF) (FRA: 2JS) ("Spey” or the "Company") announces that it has received the results from its June 23 soil sampling, rock chip and reconnaissance work on its 42 claims west of the town of Kaslo, BC Canada.

Key Points: 
  • Additional work was completed on the Silver Bell – Silver Bear trend and the Cat occurrence.
  • A total of 207 soil samples were collected along predetermined soil lines (green on above map) at a 25 m spacing.
  • Field duplicates and blanks were inserted at a rate of 2 QC samples per 50 soil samples.
  • The Silver Bear – Silver Bell* trend is defined as a > 1 km long SW-NE trending set of mineral occurrences in the south-west portion of the Property.

Globex Receives Gwillim Option Payment

Retrieved on: 
Tuesday, September 19, 2023
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Globex will maintain a 3% Gross Metal Royalty, 1% of which TomaGold may purchase for $1,500,000.

Key Points: 
  • Globex will maintain a 3% Gross Metal Royalty, 1% of which TomaGold may purchase for $1,500,000.
  • Preliminary prospecting by Globex had sampled up to 57.1 g/t Au and 0.96% Cu over a 1 m channel sample.
  • The optioning of these Globex claims is another step in TomaGold’s efforts to consolidate the Chibougamau Mining Camp.
  • This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

Drilling Restarts on Globex Royalty Assets on Cadillac Break

Retrieved on: 
Monday, September 18, 2023
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The property straddles the prolific gold localizing Cadillac Break.

Key Points: 
  • The property straddles the prolific gold localizing Cadillac Break.
  • Au), primarily within vertical depths between surface and 500 m of less explored areas, such as high-grade Trends #3 and #4 among others.
  • Globex retains a 2% Net Smelter Royalty on Trends #3 and #4 and others in the O’Brien East Area (Kewagama) as well as the underexplored 700 metres east of the former Kewagama Gold Mine.
  • This press release was written by Jack Stoch, Geo., President and CEO of Globex in his capacity as a Qualified Person (Q.P.)

Electra Provides Notice of Change of Auditors

Retrieved on: 
Tuesday, September 19, 2023
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Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Corporation”) announced today that it has changed its auditors from KPMG LLP (“Former Auditor”) to MNP LLP, Chartered Professional Accountants (“Successor Auditor”) effective September 18, 2023.

Key Points: 
  • Electra Battery Materials Corporation (NASDAQ: ELBM; TSX-V: ELBM) (“Electra” or the “Corporation”) announced today that it has changed its auditors from KPMG LLP (“Former Auditor”) to MNP LLP, Chartered Professional Accountants (“Successor Auditor”) effective September 18, 2023.
  • At the request of the Corporation, the Former Auditor resigned as the auditor of Electra effective September 14, 2023.
  • Electra’s Board of Directors appointed the Successor Auditor as the Corporation’s auditor effective September 18, 2023 until the next Annual General Meeting of the Corporation.
  • In accordance with NI 51-102, the notice of change of auditor, together with the required letters from the Former Auditor and the Successor Auditor, have been reviewed by the board of directors of the Corporation and filed on SEDAR.

Karora Reports Intersections of 14.7 g/t Over 4.0 Metres and 12.2 g/t Over 6.0 Metres at Beta Hunt's Mason Zone and the 140 Metre Extension of Gold Mineralization at the Spargos Mine to a Depth of 580 Metres

Retrieved on: 
Monday, September 18, 2023
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Drilling at Spargos was successful in extending high grade mineralization up to 140 metres below current drilling to 580 metres below surface.

Key Points: 
  • Drilling at Spargos was successful in extending high grade mineralization up to 140 metres below current drilling to 580 metres below surface.
  • A core focus of our 2023 drilling program is upgrading portions of our large Inferred Mineral Resource base.
  • I am also very encouraged by the results we are seeing from our infill drilling at Western Flanks and A Zone.
  • Our drilling has extended the known depth of gold mineralization by 140 metres to a depth of 580 metres below the surface, including intercepts of 6.0 g/t over 5.0 metres and 12.8 g/t over 2.1 metres.

GMT Capital Corp. Opposes Proposed Acquisition of Pipestone Energy Corp. by Strathcona Resources Ltd.

Retrieved on: 
Friday, September 15, 2023
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ATLANTA, Sept. 15, 2023 (GLOBE NEWSWIRE) -- GMT Capital Corp. ("GMT") today announces that it intends to oppose and vote against the proposed acquisition of Pipestone Energy Corp. ("Pipestone") by Strathcona Resources Ltd. ("Strathcona").

Key Points: 
  • ATLANTA, Sept. 15, 2023 (GLOBE NEWSWIRE) -- GMT Capital Corp. ("GMT") today announces that it intends to oppose and vote against the proposed acquisition of Pipestone Energy Corp. ("Pipestone") by Strathcona Resources Ltd. ("Strathcona").
  • GMT opposes the acquisition of Pipestone by Strathcona for a number of reasons including that GMT believes the consideration offered by Strathcona undervalues the common shares of Pipestone (the "Pipestone Shares").
  • GMT's hedge fund and private client managed accounts (the "managed accounts") currently hold 37,675,762 Pipestone Shares ("Pipestone Shares") representing 13.47% of the issued and outstanding Pipestone Shares.
  • Subject to any restrictions on the acquisition or disposition of Pipestone Shares by GMT under applicable securities laws, GMT and its managed accounts may from time to time acquire additional Pipestone Shares, dispose of some or all of the Pipestone Shares held by them, or may continue to hold Pipestone Shares currently held.

Golden Minerals Files Updated PEA for Velardeña Project

Retrieved on: 
Friday, September 15, 2023
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Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American: AUMN and TSX: AUMN) announced today that it has filed an updated technical report for its Velardeña Properties.

Key Points: 
  • Golden Minerals Company (“Golden Minerals”, “Golden” or the “Company”) (NYSE American: AUMN and TSX: AUMN) announced today that it has filed an updated technical report for its Velardeña Properties.
  • The report is entitled “Preliminary Economic Assessment Update NI 43-101 Technical Report of the Velardeña Project” with an issue date of August 18, 2023.
  • The technical report is available for review on SEDAR at SEDAR+ - Landing Page (sedarplus.ca) and on the Company’s website at https://www.goldenminerals.com/projects/technical-reports/ .
  • The report was prepared by the following Qualified Persons as defined by NI 43-101:
    The contents of this press release have been reviewed and approved by Mr. Warren Rehn, QP MMSA, President and Chief Executive Officer of Golden Minerals Company.

Lifeist Strengthens Board with New Appointment and Announces Changes to Chief Financial Officer and Auditor

Retrieved on: 
Thursday, September 14, 2023
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Mr. Sinclair replaces Slava Klems, the former CFO, who is leaving her current role with Lifeist to pursue new opportunities.

Key Points: 
  • Mr. Sinclair replaces Slava Klems, the former CFO, who is leaving her current role with Lifeist to pursue new opportunities.
  • As a member of the board, Mr. Sinclair will also serve as the chairperson of the Audit Committee.
  • “I am extremely pleased to welcome John to the board of directors and as our interim CFO,” said Meni Morim, CEO of Lifeist Wellness.
  • The Company also announces that it has changed its auditor from Baker Tilly WM LLP ("Former Auditor") to Clearhouse LLP ("Successor Auditor") effective September 14, 2023.

Globex – Crater Lake Scandium – Rare Earth Property Update

Retrieved on: 
Thursday, September 14, 2023
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Globex holds half the circular geological structure that contains the scandium-rare earth deposit held by Imperial Mining (“Imperial”).

Key Points: 
  • Globex holds half the circular geological structure that contains the scandium-rare earth deposit held by Imperial Mining (“Imperial”).
  • Recently, Globex engaged Terraquest to fly a High Resolution Aeromagnetic and Matrix Digital VLF-EM Survey over the entire Globex property.
  • The Globex claims have numerous showings of scandium and rare earths.
  • Crater Lake Scandium-Rare Earth Property, Aeromag with Mineralized Surface Showings
    Yellow line outlines Globex claims.

Aben Minerals Completes Camp Preparation at the Justin Gold Project

Retrieved on: 
Thursday, September 14, 2023
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Vancouver, BC, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Aben Minerals Ltd. (TSX-V: ABM ) (OTCQB: ABNAF ) (Frankfurt: R26 ) (“Aben” or “the Company”) is pleased to announce that it has completed a camp reclamation and preparation program at its Justin Gold Project in the Yukon.

Key Points: 
  • Vancouver, BC, Sept. 14, 2023 (GLOBE NEWSWIRE) -- Aben Minerals Ltd. (TSX-V: ABM ) (OTCQB: ABNAF ) (Frankfurt: R26 ) (“Aben” or “the Company”) is pleased to announce that it has completed a camp reclamation and preparation program at its Justin Gold Project in the Yukon.
  • The flagship Justin Gold Project is located north of Watson Lake, Yukon and adjoins Seabridge Gold’s 3 Aces Project.
  • Images from the Justin Project Camp August 2023:
    The 7,400-hectare Justin Gold property is 100% owned by Aben Minerals Ltd located in the southeast Yukon in the Tintina Gold Belt and adjacent to Seabridge Gold’s 3 Aces Project.
  • For further information regarding the project, please refer to the NI 43-101 Technical Report – Justin Gold Project 2021.