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RETRANSMISSION: BMEX Gold Drilling Identifies Extensive Gold System at King Tut Project

Retrieved on:

Thursday, March 11, 2021

Chemistry, Physical sciences, Natural sciences, Laboratory techniques, Gold, Silver, Coins, Metallurgical assay, Metallurgy, Assay, Authier

BMEX Gold is expecting continuous assay results over the coming weeks which will provide a full overview of the Authier Nord structure.

Key Points:

BMEX Gold is expecting continuous assay results over the coming weeks which will provide a full overview of the Authier Nord structure.
The target identified thus far corresponds to a vein network whose extension and geometry have yet to be defined.
The Company is evaluating an appropriate methodology to properly define the ultimate footprint of this new extensive gold anomaly inside a 1 km radius from current drilling area.
TUT-20-001 to TUT-20-004 were assayed for gold by standard fire assays using 50g fraction with ICP finish by AGAT Laboratories.

BMEX Gold Drilling Identifies Extensive Gold System at King Tut Project

Retrieved on:

Thursday, March 11, 2021

Chemistry, Physical sciences, Natural sciences, Laboratory techniques, Gold, Silver, Coins, Metallurgical assay, Metallurgy, Assay, Authier

BMEX Gold is expecting continuous assay results over the coming weeks which will provide a full overview of the Authier Nord structure.

Key Points:

BMEX Gold is expecting continuous assay results over the coming weeks which will provide a full overview of the Authier Nord structure.
Analysis of these results in conjunction with the existing high resolution magnetic survey will help to better understand the structural control on gold mineralization.
The Company is evaluating an appropriate methodology to properly define the ultimate footprint of this new extensive gold anomaly inside a 1 km radius from current drilling area.
TUT-20-001 to TUT-20-004 were assayed for gold by standard fire assays using 50g fraction with ICP finish by AGAT Laboratories.

Abitibi Royalties: Royalty & Corporate Update

Retrieved on:

Tuesday, February 16, 2021

Authier, North Staffordshire Railway

Acquired the HEES Project near Barrick Gold's Hemlo Mine, with the intention of optioning the project and retaining a royalty.

Key Points:

Acquired the HEES Project near Barrick Gold's Hemlo Mine, with the intention of optioning the project and retaining a royalty.
Two new royalties acquired: Authier North Lithium and the Perrigo Red Lake royalty for cash.
Abitibi Royalties' NSR's cover portions of East Malartic (3% NSR), Odyssey (3% NSR), Jeffrey (3% NSR), Barnat (3% NSR) and the Gouldie Zone (2% NSR).
The Authier lithium deposit remains open in all directions, including at depth, towards Abitibi Royalties 1% NSR (Fig.

Piedmont Lithium Announces Strategic Investment in Quebec Hard-Rock Lithium Developer Sayona Mining

Retrieved on:

Monday, January 11, 2021

Piedmont Lithium Limited (Piedmont or Company) is pleased to announce that it has entered into agreements (Agreements) to establish a strategic partnership with Sayona Mining Limited (Sayona) (ASX:SYA) through the purchase of equity stakes in Sayona and its 100% owned Quebec subsidiary, Sayona Quebec Inc (Sayona Quebec), as well as a binding supply agreement for at least 50% of Sayona Quebecs planned spodumene concentrate production.

Key Points:

Piedmont Lithium Limited (Piedmont or Company) is pleased to announce that it has entered into agreements (Agreements) to establish a strategic partnership with Sayona Mining Limited (Sayona) (ASX:SYA) through the purchase of equity stakes in Sayona and its 100% owned Quebec subsidiary, Sayona Quebec Inc (Sayona Quebec), as well as a binding supply agreement for at least 50% of Sayona Quebecs planned spodumene concentrate production.
Piedmont will also purchase a 25.0% stake in Sayona Quebec for approximately US$5.0 million in cash (Project Investment).
Sayona Quebec owns the DFS-level Authier lithium project, the highly prospective Tansim lithium project, and is pursuing a bid to acquire Quebec-based North American Lithiums (NAL) assets.
Piedmont and Sayona Quebec have also entered into a binding spodumene concentrate (SC6) supply agreement (Supply Agreement) pursuant to which Sayona Quebec will supply to Piedmont the greater of 60,000 t/y or 50% of Sayona Quebecs SC6 production at market prices on a life-of-mine basis.