Next Graphite, Inc., a graphite exploration / development stage company in Africa's Republic of Namibia, today announced that its joint venture partner has secured an LOI in which the venture will supply up to 5,000 metric tonnes of graphite material to a vertically integrated graphite producer over the course of the next year. First shipment is anticipated in July of this year.
Genius Properties Ltd. is pleased to announce it is negotiating to acquire all of the interests of the sellers. in a block of 15 claims covering the two giant pegmatites known as "Lac des Montagnes B" (approximately 708 hectares), located in a region of Quebec that boasts other lithium deposits and known lithium mineralisation. The Montagne B project is potentially a new lithium field in an established lithium district.
Dynacor Gold Mines Inc. (Dynacor or the Corporation) is pleased to release a 3rd progress report on the construction of its new 300-tonne per day ore processing plant located in Chala in Southern Peru. As of the 22nd of March, construction is 90% complete. The Corporation expects to finish the construction of the Veta Dorada plant in April.
Beaufield Resources Inc. ("Beaufield") reports that it has staked an additional 35 claim units totaling 1,971 hectares in the Urban-Barry area. The claims have been staked by map designation where strong electro-magnetic conductors have been reported in government publications. Historical exploration work in the area is limited, with no evidence of prior drilling. The area is easily accessible due to newly established forestry roads.
FISSION URANIUM CORP. ("Fission" or "the Company") is pleased to announce results from four holes at its PLS property, host to the Triple R deposit, in Canada's Athabasca Basin region: two holes drilled on the R840W zone, one drilled on the R780E zone and one on the R1620E zone. Of key importance, hole PLS16-479 (line 960W), a 45m step out to the west of the fast-growing, shallow and high-grade R840W zone, has hit 41.0m total composite mineralization, including 4.79m of total composite >10,000 cps.
Millrock Resources Inc. ("Millrock") announces that the company has assumed an option agreement on the Lord Nelson Tenures ("LNT Property") from Geofine Exploration Consultants ("GFX"). The mineral tenures are owned by Teuton Resources Corp. ("Teuton"), and have been under option to GFX since October 2010. The LNT Property adjoins and expands to the south upon Millrock's Poly property. It is situated at the juncture between the Del Norte mineralized trend further to the south and the X Zone VMS horizon located on Millrock's Poly Property.
Antioquia Gold Inc. ("Antioquia" or the "Company") is pleased to provide an update on progress at its Cisneros Project in Colombia as of March 16, 2016.
Tintina Resources Inc. ("Tintina" or the "Company") is pleased to give an update on the progress at its Black Butte Project and processes underway through the Mine Operating Permit (MOP) application.
IDM Mining Ltd. ("IDM" or the "Company") is pleased to announce that the Company has completed an evaluation of potential alternative locations for the mill and tailings facilities at the high-grade Red Mountain gold project ("Red Mountain"), located east of Stewart, B.C.. The Company has selected a preferred location at Bromley Humps.
Beaufield Resources Inc. ("Beaufield") is pleased to announce the purchase of 100% of 16 claims (558-hectare) (the "Property") from Hinterland Metals Inc. ("Hinterland"). The claims are located 4 kilometres east of the Windfall gold deposit currently being actively drilled and explored. The claims now form part of Beaufield's Macho block as depicted on the attached map.
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