Bangladesh Petroleum Exploration and Production Company Limited

Pacific Empire Monetizes Stars Copper Property and Acquires 2% NSR Royalty

Monday, September 27, 2021 - 2:00pm

"We are pleased to have been granted a 2% NSR on the Stars property in addition to receiving a cash payment that strengthens our treasury," commented Brad Peters, President and CEO of Pacific Empire.

Key Points: 
  • "We are pleased to have been granted a 2% NSR on the Stars property in addition to receiving a cash payment that strengthens our treasury," commented Brad Peters, President and CEO of Pacific Empire.
  • "This allows PEMC to retain a significant interest in the Stars property while we focus on our flagship Jean Marie Property.
  • Aurwest is a well-funded junior explorer, and we look forward their success as they advance the Stars property."
  • PEMC has agreed to sell its 50% interest in the Stars Property by way of the Purchase Agreement.

Ultra Resources Plans to Start Work at the Laguna Verde Brine Lithium Project in Argentina

Friday, September 24, 2021 - 4:37pm

VANCOUVER, British Columbia, Sept. 24, 2021 (GLOBE NEWSWIRE) -- Ultra Resources Inc. (TSX-V: ULT) (Ultra Resources or the Company) is pleased to announce that the Company is planning to start exploration work on its 100% owned Laguna Verde brine lithium project in Catamarca Province, Argentina.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 24, 2021 (GLOBE NEWSWIRE) -- Ultra Resources Inc. (TSX-V: ULT) (Ultra Resources or the Company) is pleased to announce that the Company is planning to start exploration work on its 100% owned Laguna Verde brine lithium project in Catamarca Province, Argentina.
  • Ultra Resources will also communicate with the local communities at Antofalla and Antofagasta de La Sierra towns.
  • The Laguna Verde area is marked by low magnesium to lithium ratios, in the range of zero to 10.2.
  • In 2018, a bench scale evaporation test of approximately 4,000 litres of brine sample from Laguna Verde was carried out in Ultra Argentina laboratories located in Salta.

International Prospect Ventures Expands its Matoush-Otish Uranium Exploration Projects, Quebec, Canada

Tuesday, September 14, 2021 - 1:00pm

The renewed interest in the Company's uranium projects that lie along strike of the well-known Matoush Uranium Deposit and Project, controlled by Consolidated Uranium Inc. ("Consolidated Uranium"), comes from the very recent increase in the uranium spot price and renewed interest in the uranium sector.

Key Points: 
  • The renewed interest in the Company's uranium projects that lie along strike of the well-known Matoush Uranium Deposit and Project, controlled by Consolidated Uranium Inc. ("Consolidated Uranium"), comes from the very recent increase in the uranium spot price and renewed interest in the uranium sector.
  • Our first priority is to obtain a social license to operate in order to begin responsible and environmentally responsible exploration programs.
  • Both of the Company's uranium properties, making up the Matoush Uranium Project, the Matoush North (~17,267 ha) and Matoush South (~4,263 ha) properties, are geologically located in the prospective Paleo-proterozoic sedimentary Otish Basin, Qubec.
  • Both of the properties share a common border with Consolidated Uranium's Matoush Uranium Project which covers the well-documented large, high-grade Matoush Uranium Deposit.

Wesdome Announces Initial Sill Development on the Falcon 7 Zone at the Eagle River Mine Returns High Grade Gold Values

Wednesday, September 8, 2021 - 9:30pm

TORONTO, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (Wesdome or the Company) today announces results from the initial sill development on the Falcon 7 Zone at the Companys wholly-owned Eagle River Mine near Wawa, Ontario.

Key Points: 
  • TORONTO, Sept. 08, 2021 (GLOBE NEWSWIRE) -- Wesdome Gold Mines Ltd. (TSX: WDO) (Wesdome or the Company) today announces results from the initial sill development on the Falcon 7 Zone at the Companys wholly-owned Eagle River Mine near Wawa, Ontario.
  • The Falcon 7 Zone was discovered in 2019 and now initial sill development has been completed on the 622 and 635 levels in preparation for mining in Q4.
  • Chip sampling and test holes during the initial development confirms earlier exploration drill results by returning high gold grades over continuous strike length (Figures 1 - 5).
  • Historically, mineralization of the Eagle River Mine has been hosted in the mine diorite; however, the Falcon 7 Zone is hosted in volcanic rocks west of the intrusion.

Northern Vertex Intersects 64.01 Meters Grading 1.65 g/t Au and 15.39 g/t Ag at the Moss Mine, NW Arizona

Wednesday, September 8, 2021 - 12:00pm

Although this drillhole was drilled down dip of the Moss vein, it highlights the potential extent of mineralized Moss vein to depths of at least 200 meters beneath this part of the mine.

Key Points: 
  • Although this drillhole was drilled down dip of the Moss vein, it highlights the potential extent of mineralized Moss vein to depths of at least 200 meters beneath this part of the mine.
  • The Moss vein strikes slightly north of west (~275-285 degrees) and dips steeply (~70-75 degrees) to the south in the vicinity of the mine.
  • The two veins intersect at depths of between 180 meters and 230 meters below the current surface.
  • Table 1: Results of Northern Vertex's 2021 Resource Expansion Drilling targeting the Moss vein, the Ruth vein, and the Moss-Ruth Intersection beneath the Moss Mine

Appia Announces Appointment of Vice President, Exploration

Thursday, September 2, 2021 - 5:46pm

Nic joins the executive team of Appia after having served as Project Manager Alces Lake, the Company's active rare earths exploration program in northern Saskatchewan.

Key Points: 
  • Nic joins the executive team of Appia after having served as Project Manager Alces Lake, the Company's active rare earths exploration program in northern Saskatchewan.
  • Frederick Kozak, President of Appia, commented: "We are delighted to announce the appointment of Nic to Vice President, Exploration at Appia to lead the Company's rare earths program as well as continuing the important exploration work on Appia's uranium exploration assets.
  • Nic Guest, Vice President, Exploration of Appia, commented: "I am pleased to continue working with Appia to advance their properties as Vice President, Exploration.
  • Guest's appointment as Vice President, Exploration is subject to acceptance by the Canadian Securities Exchange.

Sandfire Resources America Acquires Key Mine Property at the Black Butte Copper Project

Wednesday, August 11, 2021 - 10:00am

WHITE SULPHUR SPRINGS, Mont., Aug. 11, 2021 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. (Sandfire America or the Company) is pleased to advise that it has taken another important step in advancing its fully permitted Black Butte Copper Project in Central Montana with the acquisition of a key property covering the proposed surface infrastructure.

Key Points: 
  • WHITE SULPHUR SPRINGS, Mont., Aug. 11, 2021 (GLOBE NEWSWIRE) -- Sandfire Resources America Inc. (Sandfire America or the Company) is pleased to advise that it has taken another important step in advancing its fully permitted Black Butte Copper Project in Central Montana with the acquisition of a key property covering the proposed surface infrastructure.
  • Tintina Montana Inc., a wholly owned subsidiary of Sandfire Resources America Inc., completed the purchase of the 534.9-acre Mine Property from Bar Z Ranch Inc.(Bar Z) on July 22, 2021.
  • The Black Butte Copper Project is located wholly on private land in Meagher County, Montana.
  • The Company believes that the Black Butte Copper Project is a project Montana can be proud of and is very defensible in court.

Sandfire Resources America reports Final Drill Results for the Winter 2021 Exploration Program and announces Commencement of 14,000m Resource Definition Core Drilling Program in the Lowry Deposit

Monday, August 9, 2021 - 10:00am

Drilling conducted by Timberline Drilling Inc. of Hayden Lake, Idaho.

Key Points: 
  • Drilling conducted by Timberline Drilling Inc. of Hayden Lake, Idaho.
  • Drill holes were oriented with dips varying between -80 to -70 degrees in relatively variably dipping mineral zones.
  • Sandfire America utilized a QA/QC protocol which included inserting Certified Reference Materials (CRM) on a minimum of 1 CRM in 20 samples insertion rate.
  • Assays of duplicates, and blanks were also included as part of the QA/QC program.

White Gold Corp. Provides Exploration Update

Wednesday, August 4, 2021 - 12:30pm

TORONTO, Aug. 04, 2021 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTC Nasdaq Intl: WHGOF, FRA: 29W) (the "Company") is pleased to provide an update on the recently initiated 2021 exploration program on its district scale 420,000 hectare land package, representing over 40% of the emerging White Gold District in Yukon, Canada.

Key Points: 
  • TORONTO, Aug. 04, 2021 (GLOBE NEWSWIRE) -- White Gold Corp. (TSX.V: WGO, OTC Nasdaq Intl: WHGOF, FRA: 29W) (the "Company") is pleased to provide an update on the recently initiated 2021 exploration program on its district scale 420,000 hectare land package, representing over 40% of the emerging White Gold District in Yukon, Canada.
  • Approximately 10 RAB holes to test for shallow mineralization elsewhere at the Ullis Ridge and Minneapolis Creek targets on the White Gold property.
  • Planned exploration work on the White Gold property is focused on drill testing targets at Ryans Surprise, Ullis Ridge and Minneapolis Creek.
  • The 2021 regional exploration program will focus on a number of additional properties in White Gold Corps portfolio.