Techno-economic assessment

U.S. Gold Corp. Announces Results of its 2021 Annual Meeting of Stockholders

Tuesday, September 21, 2021 - 2:45pm

ELKO, Nev., Sept. 21, 2021 /PRNewswire/ --U.S. Gold Corp. (the "Company") (NASDAQ: USAU), a gold exploration and development company, today announced the results of its Annual Meeting of Stockholders (the "Meeting") held virtually on September 20, 2021.

Key Points: 
  • ELKO, Nev., Sept. 21, 2021 /PRNewswire/ --U.S. Gold Corp. (the "Company") (NASDAQ: USAU), a gold exploration and development company, today announced the results of its Annual Meeting of Stockholders (the "Meeting") held virtually on September 20, 2021.
  • George Bee, U.S. Gold Corp.'s President, Chief Executive Officer and Executive Chairman, stated, "We are pleased that all the proxy proposals passed successfully at our Annual Meeting of Stockholders with strong stockholder support.
  • I look forward to working closely with our Board and updating our stockholders on our future exploration efforts."
  • U.S. Gold Corp. is a publicly traded, U.S. focused gold exploration company.

Integra Resources Closes Oversubscribed Bought Deal Financing for US$17 Million

Friday, September 17, 2021 - 1:26pm

VANCOUVER, British Columbia, Sept. 17, 2021 (GLOBE NEWSWIRE) -- Integra Resources Corp. (Integra or the Company) (TSX-V:ITR; NYSE American:ITRG) is pleased to announce that it has closed its previously announced bought deal financing (the Offering).

Key Points: 
  • VANCOUVER, British Columbia, Sept. 17, 2021 (GLOBE NEWSWIRE) -- Integra Resources Corp. (Integra or the Company) (TSX-V:ITR; NYSE American:ITRG) is pleased to announce that it has closed its previously announced bought deal financing (the Offering).
  • The Supplements were filed with the securities regulatory authorities in each of the provinces and territories of Canada, except Qubec.
  • Integra is a development-stage mining company focused on the exploration and de-risking of the past producing DeLamar Gold-Silver Project in Idaho, USA.
  • Integra is led by the management team from Integra Gold Corp. which successfully grew, developed and sold the Lamaque Project, in Quebec, for C$600 M in 2017.

Imperial Mining Announces Closing of a $527,500 Private Placement of Units

Thursday, September 16, 2021 - 1:30pm

The Corporation was thus able to raise a total of $1,346,500 in the Offering with both tranches.

Key Points: 
  • The Corporation was thus able to raise a total of $1,346,500 in the Offering with both tranches.
  • The bulk sample will ultimately be used for input in a planned scandium recovery pilot plant.
  • All securities issued pursuant to the Offering are subject to the applicable statutory hold period of four (4) months and one (1) day from the closing.
  • ABOUT IMPERIAL MINING GROUP LTD.
    Imperial is a Canadian mineral exploration and development company focused on the advancement of its technology metals projects in Qubec.

Sonoro Announces Positive PEA Results and Updated Mineral Resource Estimate for the Cerro Caliche Gold Project Which Demonstrates a Pre-Tax NPV of US$68.7 Million and an IRR of 52.7%

Wednesday, September 15, 2021 - 5:44pm

Pre-Tax NPV (5% discount rate) of US$68.7 million and an IRR of 52.7% with a price of US$1,750 per ounce of gold and US$22.00 per ounce of silver.

Key Points: 
  • Pre-Tax NPV (5% discount rate) of US$68.7 million and an IRR of 52.7% with a price of US$1,750 per ounce of gold and US$22.00 per ounce of silver.
  • Gold recovery of 74% and silver recovery of 27% produced from a 3-stage crushing circuit, crushing the ore to p80 of .
  • Updated Mineral Resource Estimate Highlights at 0.207 g/t Au Cut-off:
    Measured and Indicated Mineral Resources of 349,000 ounces of gold at a 0.41 g/t Au grade.
  • The PEA really highlights the intrinsic value and potential economic viability of the Cerro Caliche project, said Mel Herdrick, VP Exploration of Sonoro Gold.

Mainstream Share Purchase Agreement with Radio Fuels

Tuesday, September 14, 2021 - 6:15pm

Toronto, Ontario--(Newsfile Corp. - September 14, 2021) - Mainstream Minerals Corporation (the "Company") is pleased to announce that it has entered into a share purchase agreement dated September 14, 2021 (the "Share Purchase Agreement"), with Radio Fuels Resources Corp. ("Radio Fuels") and the shareholders of Radio Fuels (collectively, the "Vendors"), pursuant to which the Company has agreed to acquire all of the issued and outstanding shares of Radio Fuels (the "Transaction").

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - September 14, 2021) - Mainstream Minerals Corporation (the "Company") is pleased to announce that it has entered into a share purchase agreement dated September 14, 2021 (the "Share Purchase Agreement"), with Radio Fuels Resources Corp. ("Radio Fuels") and the shareholders of Radio Fuels (collectively, the "Vendors"), pursuant to which the Company has agreed to acquire all of the issued and outstanding shares of Radio Fuels (the "Transaction").
  • Radio Fuels is a private company formed under the laws of Ontario, whose sole asset is a 100% interest in certain mineral claims and leases located in the Mining District of Sault St. Marie, Ontario (the "Property").
  • The Elliot Lake camp has historically produced more than 270 million pounds of U3O8 from vast, strata-bound deposits.
  • The Units to be issued upon conversion of the Subscription Receipts will be comprised of one common share of the Company (a "Unit Share") and one-half of one whole common share purchase warrant (each whole warrant, a "Warrant").

TEM Program Results Pending

Tuesday, September 14, 2021 - 4:59pm

Quantec Geoscience Argentina S.A. conducted the program, completing at total of 133 stations and surveying all areas contained in the project package.

Key Points: 
  • Quantec Geoscience Argentina S.A. conducted the program, completing at total of 133 stations and surveying all areas contained in the project package.
  • Results of this survey will provide three-dimensional information as to aquifer depth potential.
  • The TEM program is designed to provide hole location guidance for a planned 2,000-meter drill program, the intent of which is to expand the total project lithium resource, which is currently based only on the Tramo claim block.
  • The program is part of the Company development strategy for the Hombre Muerto North Lithium Project.

TEM Program Results Pending

Tuesday, September 14, 2021 - 4:55pm

Quantec Geoscience Argentina S.A. conducted the program, completing at total of 133 stations and surveying all areas contained in the project package.

Key Points: 
  • Quantec Geoscience Argentina S.A. conducted the program, completing at total of 133 stations and surveying all areas contained in the project package.
  • Results of this survey will provide three-dimensional information as to aquifer depth potential.
  • The TEM program is designed to provide hole location guidance for a planned 2,000-meter drill program, the intent of which is to expand the total project lithium resource, which is currently based only on the Tramo claim block.
  • The program is part of the Company development strategy for the Hombre Muerto North Lithium Project.

i-80 Gold Initiates Underground Test Mining Program at Granite Creek, Nevada

Tuesday, September 14, 2021 - 3:15pm

Underground Mineral Resources as stated are constrained within modelled underground stope shapes using a nominal 15' minimum thickness, above a gold cut-off grade of 0.15 opt Au.

Key Points: 
  • Underground Mineral Resources as stated are constrained within modelled underground stope shapes using a nominal 15' minimum thickness, above a gold cut-off grade of 0.15 opt Au.
  • The primary goal of the 2021 program is to advance underground drilling and test mining with a target to make a production decision.
  • The test mining program at Granite Creek is verifying the appropriate mining methods, cycles, and sequences for advancing the underground ore headings, while controlling open excavations and maintaining safe mining conditions.
  • In addition to the underground drill program at Granite Creek, the surface drilling program testing nearsurface mineralization for metallurgical purposes and open pit definition is now complete.

U.S. Gold Corp. Executes Agreement for Additional Land for the CK Gold Project in Wyoming

Tuesday, September 14, 2021 - 1:45pm

The CK Gold Project is located in the mining-friendly state of Wyoming, 20 miles west of Cheyenne.

Key Points: 
  • The CK Gold Project is located in the mining-friendly state of Wyoming, 20 miles west of Cheyenne.
  • U.S. Gold Corp. controls two Wyoming state leases that make up the CK Gold Project.
  • Prior to this land agreement, the Company gained access to the project through an annual easement agreement with the local rancher, who is the primary landowner to the north and east of the CK Gold Project.
  • This will reduce approximately 2.5 miles of travel on County Road 210 to reach the CK Gold Project location from the pavement.

i-80 Gold Initiates Underground Test Mining Program at Granite Creek, Nevada

Tuesday, September 14, 2021 - 12:34pm

Underground Mineral Resources as stated are constrained within modelled underground stope shapes using a nominal 15' minimum thickness, above a gold cut-off grade of 0.15 opt Au.

Key Points: 
  • Underground Mineral Resources as stated are constrained within modelled underground stope shapes using a nominal 15' minimum thickness, above a gold cut-off grade of 0.15 opt Au.
  • The primary goal of the 2021 program is to advance underground drilling and test mining with a target to make a production decision.
  • The test mining program at Granite Creek is verifying the appropriate mining methods, cycles, and sequences for advancing the underground ore headings, while controlling open excavations and maintaining safe mining conditions.
  • In addition to the underground drill program at Granite Creek, the surface drilling program testing nearsurface mineralization for metallurgical purposes and open pit definition is now complete.