Revelo Resources Corp. ("Revelo" or the "Company") is pleased to announce that it has signed an Option and Sale Agreement (the "Agreement") with Guanaco Cia. Minera SpA, a wholly owned Chilean subsidiary of Austral Gold Limited ("Austral"), whereby Austral will have the sole and exclusive option and right to acquire a 100% undivided interest in Revelo's 12,500 hectare San Guillermo project (the "Project"), located in Northern Chile, by paying Revelo a total of US$2.65 million over three years (out of which US$ 2 million is the optional payment in year 3 to fully acquire the Project) plus spending US$ 3 million on exploration over the same time frame of three years. Revelo will also retain a royalty on any future production from the project.
Avnel Gold Mining Limited ("Avnel" or the "Company") is announcing metallurgical test program results completed as part of a Definitive Feasibility Study ("DFS") for the Kalana Main Project in south-western Mali. The Company is also providing details on the processing plant design parameters for the DFS, which remains on track to be completed this quarter. All amounts are in United States dollars ("$") unless specified otherwise.
KHALKOS EXPLORATION ("Khalkos") The management of Khalkos is pleased to announce drill hole MA-15-05 undertaken on the Malartic property, has intersected a high gold grade zone with visible gold of 12.95 g/t Au over 0.5 m at a vertical depth of 250 metres.
FISSION URANIUM CORP. ("Fission" or "the Company") is pleased to announce it will increase the size and budget of the winter drill program to account for additional drilling around the newly discovered R840W zone at its' PLS property, host to the Triple R deposit, in Canada's Athabasca Basin region. An additional $740,000 budgeted for 1,200m in four holes is planned to test the R840W.
Gerald Metals SA ("Gerald"), a member of Gerald Group, and Shanghai Pengxin Investment Co., Ltd. ("Pengxin"), a subsidiary of Pengxin International Mining Co., Ltd., entered into a joint venture agreement in Shanghai on January 28, 2016, to work jointly in procuring, producing, and marketing raw and refined copper and cobalt materials on a global basis.
Monument Mining Limited ("Monument" or the "Company") announces that it has entered into an "Earn-In and Shareholders Agreement" (the "JV Agreement" with Afrimines Resources S.A.R.L ("Afrimines") and its wholly owned subsidiary, Regal Sud Kivu S.A.R.L ("Regal") to earn up to 90% joint venture interest in the Matala Gold Project ("Matala Project" or "Matala"). Afrimines and Regal are both incorporated and operated in the Democratic Republic of Congo ("DRC"), where Regal holds a 100% interest in the Matala.
Extension property, situated 110 km east of Senneterre in the Abitibi (Quebec). The survey generated (7) target zones that prioritize exploration along the favourable horizon in two (2) areas of the property (Figure). The target zones show a geophysical signature similar to the Langlade polymetallic (Zn, Cu, Au, Ag) deposit.
Comstock Mining Inc. announced today that the Nevada Division of Environmental Protection Bureau of Mining Regulation and Reclamation (NDEP-BMRR) has issued a Notice of Decision (NoD) approving a Major Modification to the Company's Water Pollution Control Plan for various expansions of the heap leach facility.
Alabama Graphite Corp. is pleased to report positive pilot plant test results for its flagship Coosa Graphite Project.
Next Graphite, Inc., a graphite exploration / development stage company in Africa's Republic of Namibia, today announced receipt of the Company's conditional renewal of its exclusive prospecting license in Namibia.
Terms
While we only use edited and approved content for Azthena
answers, it may on occasions provide incorrect responses.
Please confirm any data provided with the related suppliers or
authors. We do not provide medical advice, if you search for
medical information you must always consult a medical
professional before acting on any information provided.
Your questions, but not your email details will be shared with
OpenAI and retained for 30 days in accordance with their
privacy principles.
Please do not ask questions that use sensitive or confidential
information.
Read the full Terms & Conditions.