Technical Report Archive & Image Library

InvestmentPitch Media Video Discusses Spearmint Resources’ New Technical Report Doubling the Resource Estimate to 2.092 Million Tonnes Lithium Carbonate Equivalent at the McGee Lithium Clay Deposit in Clayton Valley, Nevada

Retrieved on: 
Monday, June 20, 2022

VANCOUVER, British Columbia, June 20, 2022 (GLOBE NEWSWIRE) -- Spearmint Resources (CSE:SPMT) (OTCPink:SPMTF) (FSE:SQH) new Technical Report Doubles the Resource Estimate at McGee Lithium Clay Deposit in Clayton Valley, Nevada.

Key Points: 
  • VANCOUVER, British Columbia, June 20, 2022 (GLOBE NEWSWIRE) -- Spearmint Resources (CSE:SPMT) (OTCPink:SPMTF) (FSE:SQH) new Technical Report Doubles the Resource Estimate at McGee Lithium Clay Deposit in Clayton Valley, Nevada.
  • The Technical Report, prepared by Stantec Consulting Services, includes an updated Mineral Resource estimate of 1,369,000 indicated tonnes and 723,000 inferred tonnes of lithium carbonate equivalent for a total of 2,092,000 tonnes of lithium carbonate equivalent.
  • Spearmint's McGee Lithium Clay Deposit is located 55 kilometres or 34 miles west of the town of Tonopah.
  • The Deposit consists of 26 contiguous unpatented placer claims that span from McGee 30 to McGee 55 and cover 890 acres or approximately 360 hectares.

Condor Gold Closes Previously Announced Private Placement of Units for Aggregate Gross Proceeds of £3.25 Million

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Friday, June 17, 2022

LONDON, June 17, 2022 (GLOBE NEWSWIRE) -- Condor Gold (AIM: CNR; TSX: COG) is pleased to announce the closing of its previously announced placing of 11,607,149 units of the Company (Units) at a price of 28p per Unit (the Placing), including a Directors subscription of 1,833,573 Units, for aggregate gross proceeds of 3.25 million before expenses (the Proceeds).

Key Points: 
  • LONDON, June 17, 2022 (GLOBE NEWSWIRE) -- Condor Gold (AIM: CNR; TSX: COG) is pleased to announce the closing of its previously announced placing of 11,607,149 units of the Company (Units) at a price of 28p per Unit (the Placing), including a Directors subscription of 1,833,573 Units, for aggregate gross proceeds of 3.25 million before expenses (the Proceeds).
  • The Proceeds have been received by the Company, and the Placing Shares were admitted to trading on AIM on 17 June 2022.
  • A gold price of $1,500/oz and a cut-off grade of 0.5 g/t and 2.0 g/t gold were assumed for open pit and underground resources, respectively.
  • A cut-off grade of 1.5 g/t gold was furthermore applied within a part of the Inferred Resource.

DGAP-News: Eurobattery Minerals receives independent NI-43-101 report for the Corcel project: Alone 10% of the deposit contain the amount of Nickel needed for 500,000 car batteries

Retrieved on: 
Wednesday, June 15, 2022

Eurobattery Minerals receives independent NI-43-101 report for the Corcel project: Alone 10% of the deposit contain the amount of Nickel needed for 500,000 car batteries (news with additional features)

Key Points: 
  • Eurobattery Minerals receives independent NI-43-101 report for the Corcel project: Alone 10% of the deposit contain the amount of Nickel needed for 500,000 car batteries (news with additional features)
    The issuer is solely responsible for the content of this announcement.
  • Considering a Nickel grade of 0.23% of the Castriz deposit only, Eurobattery Minerals can produce minerals for a few million car batteries with a capacity of 60 kWh in the future.
  • about 5.6 million tons of rock with a 0.23% Ni grade), EBM would be able to manufacture 500,000 car batteries with a capacity of 60 kWh.
  • Eurobattery Minerals AB is a Swedish mining company listed on Swedish Nordic Growth Market ( BAT ) and German Brse Stuttgart ( EBM ).

Condor Gold Raises £3.25 Million Via a Private Placement of New Ordinary Shares

Retrieved on: 
Tuesday, June 14, 2022

Mark Child, Chairman and Chief Executive Officer of Condor, commented:

Key Points: 
  • Mark Child, Chairman and Chief Executive Officer of Condor, commented:
    Condor Gold has conducted a private placement, issuing new ordinary shares representing approximately 7.9% of the Companys existing issued share capital, to raise gross proceeds of approximately 3.25 million.
  • A total of 11,607,149 Units have been placed with placees at the Placing Price to raise gross proceeds of approximately 3.25 million.
  • The percentage shareholdings detailed below are calculated post admission of the new Ordinary Shares to AIM.
  • The new Ordinary Shares will rank pari passu with the existing Ordinary Shares, including the right to receive all dividends and other distributions declared after the date of their issue.

Fortune Minerals Updates NICO Refinery Site Due-Diligence

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Wednesday, June 8, 2022

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (Fortune or the Company) ( www.fortuneminerals.com ) is pleased to report that due-diligence activities are advancing on the Companys proposed new refinery site location in Lamont County in Albertas Industrial Heartland northeast of Edmonton (see Fortune news release dated January 24, 2022).

Key Points: 
  • Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (Fortune or the Company) ( www.fortuneminerals.com ) is pleased to report that due-diligence activities are advancing on the Companys proposed new refinery site location in Lamont County in Albertas Industrial Heartland northeast of Edmonton (see Fortune news release dated January 24, 2022).
  • Fortune has retained several engineering and environmental consultants to determine the suitability of the JFSL site and facilities to accommodate the planned NICO Project refinery and provide a regulatory roadmap to secure the remaining permits.
  • Fortune has expended more than C$137 million to advance the NICO Project from an in-house discovery to a near-term producer with a minimum 20-year supply of Critical Minerals.
  • Fortune is a Canadian mining company focused on developing the NICO cobalt-gold-bismuth-copper Critical Minerals project in the NWT and Alberta.

CopperCorp Intersects Intervals of 54.2m @ 0.49% Cu and 106.0m @ 0.31% Cu in Hole AP027A at Alpine, starting 34m down hole

Retrieved on: 
Wednesday, June 8, 2022

Copper mineralization is associated with up to three sub-parallel magnetite-hematite-sulphide lenses in strongly silica-siderite altered chlorite schists (see examples in Figures 7 and 8).

Key Points: 
  • Copper mineralization is associated with up to three sub-parallel magnetite-hematite-sulphide lenses in strongly silica-siderite altered chlorite schists (see examples in Figures 7 and 8).
  • Additional chalcopyrite-pyrite breccia mineralization is hosted in silica-siderite altered and veined quartzites and schists adjacent to the ironstone lenses.
  • CopperCorp is a well-financed mineral exploration company with approximately C$8.5M targeting world class copper-gold discoveries in western Tasmania, Australia.
  • The calculated intervals for historical drill holes may vary from previously reported interval calculations that used a cut-off grade of 0.3% Cu.

Ameriwest Lithium Launches Detailed Thompson Valley Study and Adds New Nevada Claims

Retrieved on: 
Tuesday, June 7, 2022

Ameriwest is further pleased to announce it has staked 104 mineral claims in Little Smokey Valley, about 30 miles south of Eureka, Nevada.

Key Points: 
  • Ameriwest is further pleased to announce it has staked 104 mineral claims in Little Smokey Valley, about 30 miles south of Eureka, Nevada.
  • The Little Smokey Valley Property or LSV Property) claims are adjacent to Clear Sky Lithium Corp.s (Clear Sky) ELi Lithium Property.
  • Ameriwest initially plans to conduct surface soil and rock chip sampling on the property to confirm the presence of lithium.
  • Ameriwest Lithium Inc. is a Canadian-based exploration company with a focus on identifying strategic lithium mineral resource projects for exploration and development.

TRX Gold Reports More Growth at Buckreef Gold

Retrieved on: 
Tuesday, June 7, 2022

There are a whole array of value creating opportunities at Buckreef Gold, growth is our mantra at the moment, noted Stephen Mullowney, Chief Executive Officer of TRX Gold.

Key Points: 
  • There are a whole array of value creating opportunities at Buckreef Gold, growth is our mantra at the moment, noted Stephen Mullowney, Chief Executive Officer of TRX Gold.
  • TRX Gold will provide additional discussion and analysis regarding its third quarter 2022 production and sales when the Company reports its quarterly results in early July 2022.
  • TRX Gold along with its joint venture partner, STAMICO is advancing a significant gold project at Buckreef in Tanzania.
  • The Buckreef Gold Project also contains an Inferred Mineral Resource of 17.8 MT at 1.11g/t gold for contained gold of 635,540 oz of gold.

TRX Gold Confirms Northeast Extension of the Buckreef Gold Main Zone and Expands Exploration Program With Additional Drill Rig

Retrieved on: 
Thursday, June 2, 2022

Extension of Buckreef Main Zone by 250m: Expansion of gold mineralization by 250m (16% increase in the strike length of the Buckreef Main Zone to 1.8kms) on the Buckreef Gold deposit which already contains over 2.0 million ounces of gold in the Measured and Indicated Mineral Resources in the Buckreef Main Zone.

Key Points: 
  • Extension of Buckreef Main Zone by 250m: Expansion of gold mineralization by 250m (16% increase in the strike length of the Buckreef Main Zone to 1.8kms) on the Buckreef Gold deposit which already contains over 2.0 million ounces of gold in the Measured and Indicated Mineral Resources in the Buckreef Main Zone.
  • Expansion of Exploration Program: Buckreef Gold has drilled 21 holes to date representing over 7,415 meters in the NE extension of Buckreef Main Zone and has added an additional drill rig to expand the exploration program.
  • Buckreef Gold has finalized the planning for an additional 10,000m (approximate) infill and extension drill program to: (i) upgrade Mineral Resources currently in the Inferred category in Buckreef Gold Main Zone, and (ii) commence infill drilling at Buckreef West.
  • The geological model predicted that gold mineralization associated with the Buckreef Gold Main Zone shear zone would continue and it has!

ASANTE GOLD ANNOUNCES BIBIANI GOLD MINE START OF PROCESS PLANT OPERATIONS

Retrieved on: 
Thursday, June 2, 2022

Vancouver, British Columbia, June 02, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE: ASE/ FRANKFURT: 1A9/U.S.OTC: ASGOF) (Asante or the "Company") is pleased to announce the successful refurbishment, commissioning and start of operation of the Process Plant and associated equipment at the Bibiani Gold Mine.

Key Points: 
  • Vancouver, British Columbia, June 02, 2022 (GLOBE NEWSWIRE) -- Asante Gold Corporation (CSE: ASE/ FRANKFURT: 1A9/U.S.OTC: ASGOF) (Asante or the "Company") is pleased to announce the successful refurbishment, commissioning and start of operation of the Process Plant and associated equipment at the Bibiani Gold Mine.
  • With the support of its key contractors, Asante remains on track to pour gold in the third quarter of 2022.
  • With the Process Plant operational, Asante is now ready to advance with Start of Operations.
  • Asante is a gold exploration, project development and operations company with a high-quality portfolio of projects in Ghana, Africas largest and most reliable gold producer.