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Tag: mining development

An In-Depth Look at Blue Sky Uranium’s Current Projects

An In-Depth Look at Blue Sky Uranium’s Current Projects

Argentina has the potential to become a leader in nuclear power following the Paris Accord where it committed to reducing carbon dioxide emissions by 15% by 2030. Meeting these goals will require the country to more than double its nuclear power capabilities from 4% to 10% of its energy mix

American CuMo Purchases Significant Patented Claims for CuMo Project, Provides Update on Financing and Announces Upcoming Drill Programs

American CuMo Purchases Significant Patented Claims for CuMo Project, Provides Update on Financing and Announces Upcoming Drill Programs

American CuMo Mining Corporation (TSXV:MLY,OTCPINK:MLYCF) announces that its wholly-owned subsidiary, Idaho CuMo Mining Corporation (Idaho CuMo), has completed an option to purchase agreement for thirty-six (36) patented mining claims, covering an area of approximately 640 acres adjacent to the CuMo Project. Patented claims contain the surface rights as well as

Focus Graphite Announces Second Closing of Private Placement for $438,832

Focus Graphite Announces Second Closing of Private Placement for $438,832

Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) (“Focus”) is pleased to announce that it has held a second closing of its previously-announced non-brokered private placement at which it issued an aggregate of 5,851,103 units at a price of $0.075 per unit, for gross proceeds to Focus of $438,832. Each of the units consists of

Focus Graphite Provides Update on Private Placement

Focus Graphite Provides Update on Private Placement

Focus Graphite (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) (“Focus” or the “Company”) is pleased to provide an update following the first closing of its current unit offering (the “Offering”) for gross proceeds of $937,025 (see the Company’s press release dated March 7, 2017 for more details on the Offering). The Company expects to proceed with the

Canamex Resources to acquire Rest of Bruner Mine

Canamex Resources to acquire Rest of Bruner Mine

Canamex Resources Corp. (TSXV:CSQ; OTCQX:CNMXF; FSE:CX6). and Patriot Gold Corp. have signed a letter of intent whereby Canamex Resources will purchase Patriot Gold’s remaining 30-per-cent working interest in the Bruner gold/silver mine for $1.0-million (U.S.) plus the retention by Patriot of a 2-per-cent net smelter return royalty.

American CuMo Mining Announces US$1 Million Instalment Payment

American CuMo Mining Announces US$1 Million Instalment Payment

American CuMo Mining Corporation (TSXV:MLY,OTCPINK:MLYCF), along with its subsidiaries Idaho CuMo Mining Corporation and Poly Resources LLC (“Poly”), is pleased to announce that a payment of US$1 million, representing the first instalment payment of the first private placement of US$10 million, as per the binding Memorandum of Understanding entered with

Golden Predator drills 13.1 m of 16.8 g/t Au at 3 Aces

Golden Predator drills 13.1 m of 16.8 g/t Au at 3 Aces

Golden Predator Mining Corp. (TSXV:GPY) has provided assay results for the final 25 holes of the winter 2016 drill program at the 3 Aces project in southeastern Yukon. Drill results have confirmed high-grade gold mineralization with good continuity in the Ace of Hearts vein with additional veining identified at depth.

Golden Predator Closes $17.25-million Bought Deal

Golden Predator Closes $17.25-million Bought Deal

Golden Predator Mining Corp. has completed its previously announced bought deal offering, including exercise in full of the underwriters’ overallotment option. A total of 7,187,500 Class A common shares (the “Common Shares”) at a price of $1.60 per Common Share and 3,108,450 flow-through Class A common shares (the “Flow-Through Shares”)

Focus Graphite Reports an Adjustment to the Measured and Indicated Mineral Resources at its Lac Knife Flake Graphite Project, Québec

Focus Graphite Reports an Adjustment to the Measured and Indicated Mineral Resources at its Lac Knife Flake Graphite Project, Québec

OTTAWA, ONTARIO–(Marketwired – March 9, 2017) – Focus Graphite Inc. (TSXV:FMS,OTCQX:FCSMF,FWB:FKC) announces a rectification to the Measured and Indicated mineral resources statement released by the Company on January 24, 2017(1) for its 100%-owned Lac Knife flake graphite project, located 27 km south of Fermont, in the Côte-Nord administrative region of

American CuMo acquires 20 claims next to CuMo project

American CuMo acquires 20 claims next to CuMo project

American CuMo Mining Corporation’s (TSXV:MLY,OTCPINK:MLYCF) wholly owned subsidiary, Idaho CuMo Mining Corp., has purchased from a group of local prospectors 20 unpatented mining claims, covering an area of approximately 400 acres, adjacent to the CuMo project. The consideration payable for the claims was a onetime payment of the issuance of

American CuMo Mining signs Binding Memorandum of Understanding for Strategic Financial Partnership

American CuMo Mining signs Binding Memorandum of Understanding for Strategic Financial Partnership

American CuMo Mining Corporation (TSXV:MLY,OTCPINK:MLYCF) is pleased to announce that it, together with its subsidiaries, Poly Resources LLC (“Poly”) and Idaho CuMo Mining Corporation (“Idaho CuMo”), has entered a strategic financial relationship with Millennia Minerals Pte Ltd. (Singapore) (“Millennia”) initially through a binding Memorandum of Understanding (the “MOU”) outlining the

Golden Predator starts 20,000 m drill program at 3 Aces

Golden Predator starts 20,000 m drill program at 3 Aces

Golden Predator Mining Corp. (TSX:GPY) has commenced a 20,000-metre drill program at its 100-per-cent-owned 3 Aces project in southeastern Yukon. The drilling program will initially focus on targets in the Spades Zone, where 2016 results included a new vein discovery at depth plus 7.5 m of 33 g/t gold at

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