Precious Metals

CAT Strategic Metals Corporation announces that it has entered into a Property Acquisition Agreement dated November 30, 2021 with 9248-7792 Quebec Inc. and Prospect Or Corp. to acquire two additional claims comprised of 520 hectares of land that are adjacent and contiguous to the Burntland Project currently under option to the Company, as announced in a news release on September 17, 2020Under the terms of the ...

CAT Strategic Metals Corporation (CSE:CAT) ("CAT" or the "Company") announces that it has entered into a Property Acquisition Agreement (the "Agreement") dated November 30, 2021 with 9248-7792 Quebec Inc. ("9248") and Prospect Or Corp. ("POC", and collectively with 9248, the "Vendors") to acquire two additional claims comprised of 520 hectares of land (the "Property") that are adjacent and contiguous to the Burntland Project currently under option to the Company, as announced in a news release on September 17, 2020

Under the terms of the Agreement, the Vendors will assign, transfer and sell each of its rights, titles, and interests in and to the Property in exchange for CAT issuing a total of 7,000,000 common shares (the "Shares") to the Vendors. In addition, the Vendors shall retain a 2% Net Smelter Return (the "NSR") royalty, with CAT having the right to repurchase half of the NSR at any time in consideration of an amount of $1,000,000 being payable to the Vendors.

The Burntland Project

The newly acquired claims will be added to what is known as the Burntland Project in northern New Brunswick, that is currently undergoing a seven-hole diamond drilling exploration program that was initially expected to conclude by the end of December but will continue into January following the Christmas and New Years break. The drill program was put together following extensive trenching work, two airborne geophysical surveys, and an extensive review and interpretation of the historical prospecting database. According to CAT's Project Manager and Qualified Person, Patrick Laforest, "The new acquisition comprises the southern part of the McKenzie Goth, a felsic intrusion at the contact of which is located the Legacy Skarn Copper‐Silver Deposit and the JJ Zone, Skarn Zone, both owned by Murray Brook Minerals Inc. (a subsidiary of Puma Exploration). This acquisition, in addition of the preliminary interpretation of the recent geophysical survey, brings higher potential and quality targets to the Burntland property for the future exploration campaign".

This acquisition of additional claims adjacent to the Company's existing land package came about as a result of a review of certain technical data provided by the Vendors that suggests a potentially strong correlation to, and extension of, the geologic trend that CAT is currently drilling. Robert Rosner, the Company's CEO enthusiastically stated that, "When we looked at the data and geology of the claims that were next door to the land we currently have under option and are drilling, it immediately became apparent that we might have a much larger and highly prospective area to explore and eventually drill. As a result, the board of directors were motivated to acquire the property and immediately commence compiling information toward producing a solid and extensive exploration plan."

Qualified Person

Mr. Patrick Laforest, P.Geo (Québec), is the qualified person as defined by National Instrument 43-101 who has reviewed and approved the technical contents of this press release. The Qualified Person has not completed sufficient work to verify the historic information on the Property, particularly in regard to the neighbouring projects and historical drilling data.

About CAT Strategic Metals Corporation:

CAT Strategic Metals Corporation is a Canadian based mineral exploration company focused on the acquisition and de risking of overlooked projects situated in well-established World Class geological districts in North America. The Company is specially focused on minerals which are considered highly strategic from a monetary as well as global infrastructure and energy point of view. CAT's shares trade on the Canadian Securities Exchange (CSE) under the trading symbol "CAT", on the OTCMarkets.com under the trading symbol "CATTF", and on the Frankfurt Stock Exchange under the symbol "8CH".

ON BEHALF OF THE BOARD

Robert Rosner

Chairman, President & CEO

Further information regarding the Company can be found on SEDAR at www.SEDAR.com, by visiting the Company's website www.catstrategic.com or by contacting the Company directly at (604) 674-3145.

This news release may contain forward-looking statements. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements. Particular risks applicable to this press release include risks associated with planned production, including the ability of the company to achieve its targeted exploration outline due to regulatory, technical or economic factors. In addition, there are risks associated with estimates of resources, and there is no guarantee that a resource will be found or have demonstrated economic viability as necessary to be classified as a reserve. There is no guarantee that additional exploration work will result in significant increases to resource estimates.

Neither Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.

We seek safe harbour.

SOURCE: CAT Strategic Metals Corporation



View source version on accesswire.com:
https://www.accesswire.com/678554/CAT-Strategic-Metals-Expands-Exploration-Potential-of-Burntland-Project-Through-Additional-Land-Acquisition

News Provided by ACCESSWIRE via QuoteMedia

CAT:CNX
CAT Strategic Metals

CAT Strategic Metals

Overview

As investors attempt to mitigate the risks associated with the commodities cycle while still gaining exposure to its rich opportunities, resource companies with diversified portfolios may provide an exciting solution.

Diversified metal portfolios, as opposed to limited individual metal sectors, are hedged against price declines for a given commodity providing a less risky and more valuable investment for investors. Portfolio diversification also allows mining companies to improve cash flow and capitalize on the width and breadth of metal and mineral markets while managing fluctuating commodity values.

One such company is CAT Strategic Metals (CSE:CAT, OTC:CATTF, FRA:8CH), a mineral exploration company focused on the acquisition and exploration of diversified and strategic North American mineral projects. The company’s current projects include a wide range of minerals and metals including gold, silver, uranium, copper and tellurium.

“We look for undervalued projects that have already had exposure, that already had some work done in the past, that maybe had been abandoned over time for a variety of reasons, but still have good potential going forward,” said CAT Strategic Metals CEO Robert Rosner in an interview with INN.
CAT Strategic Metals employs a hybrid model that seeks out, analyzes, and acquires projects that have strong potential given past diverse mineral outputs and supporting samples. This hybrid model saves the company from spending time and resources on discovery and exploration of uncharted areas like other mining companies do. The company also takes advantage of strategic positioning by locating projects in mineral-rich regions of the world and near high-yielding mines such as Hecla Mining Company’s Hollister Nevada and Midas Nevada gold-silver mines.

The Rimrock project is located in the mining-friendly jurisdiction of Nevada in the US, only 15 km southeast of Hecla Mining’s (NYSE:HL) high-grade Midas gold-silver mine and 3 km north of the Hollister gold-silver mine. Near-surface mineralization shows the potential for the property to host several high-grade, low sulfidation, gold and silver deposits, as well as for Carlin-style gold deposits at greater depths.

The Gold Jackpot is located in the prolific Elko district in northeastern Nevada, 100 km north of Nevada Gold Mines’ Long Canyon gold mine. Other notable projects in the same region are Phoenix Copper-Gold, Roninson porphyry copper-gold, Turquoise Ridge/Getchell Mine, Twin Creeks, Goldstrike and Carlin-Mike Cu-Bluestar-Exodus gold. The company believes that Gold Jackpot has potential for Porphyry Copper-, Emperor, Fiji-, Carlin- and Midas Style deposits and Exploration Models.

CAT Strategic Metals also has two other strategic projects: the Burntland project (copper, silver and gold) in New Brunswick and South Preston project (uranium) in Saskatchewan.

CAT Strategic Metals has completed geologic mapping, sampling, Gravity-, MAG- and now is conducting Induced Polarization surveys of large-scale gold-silver targets on the Rimrock and Gold Jackpot projects. The company intends to define drill targets on both projects based on the results from these diverse programs.

CAT Strategic Metals links its success to a few key factors including its strategic alliances and acquisitions and its highly skilled management team. The company has relatively low overhead when compared to its counterparts in the industry, which has made the company highly efficient in obtaining funding and operationalizing its projects.

The company’s management team is well-experienced in the mining and exploration industry, maintaining current positions at Lucky Minerals Inc. (TSXV:LKY), EMGold Mining Corporation (TSXV:EMR) and Tarku Resources Ltd. (TSXV:TKU) and former management positions at Stria Lithium (TSXV:SRA) and Osisko Mining Corporation Canada (TSX:OSK).

CAT Strategic Metals’ Company Highlights

 

  • CAT Strategic Metals’ current projects focus on a wide range of minerals and metals including gold, silver, uranium, copper and tellurium in mining-friendly areas.
  • CAT Strategic Metals employs a hybrid model of acquiring mines that have been abandoned but maintain strong potential given past mineral outputs and sample indications which allows for bypassing of the discovery phase.
  • The company has two projects in Nevada: Rimrock and Gold Jackpot; and two projects in Canada: Burntland (copper, silver and gold) in New Brunswick and South Preston (uranium) in Saskatchewan.
  • The Rimrock project is located in the prolific Carlin and Midas trends and hosts near-surface mineralizations with the potential for high-grade, low sulfidation gold and silver deposits, as well as larger Carlin-style gold deposits at depth. The property is only 15 km southeast of Hecla Mining’s high-grade Midas gold-silver mine.
  • The Gold Jackpot is located in the prolific Elko district in northeastern Nevada, 100 km north of Nevada Gold Mines’ Long Canyon Gold Mine. Gold Jackpot potentially has porphyry copper, Emperor gold-tellurium, Carlin- and Midas-style exploration models.
  • The company’s management team has a long history of success in the mining and exploration industry including currently held positions at reputable mineral exploration companies.

CAT Strategic Metals’ Key Projects

Rimrock Project

 

The Rimrock project is located in the Elko district of Nevada, US near Hecla Mining Company’s Hollister Nevada and Midas Nevada mines, which to date have yielded 0.5 million ounces of high-grade gold-silver and 2.2 million ounces of high-grade gold and 25 million ounces of silver, respectively. The property sits on the Carlin Trend and the Midas Trend, which are prolific gold mine producing areas. The project also has an extensive infrastructure to support year-round operation on the 1,162-hectare land package.

The Rimrock project is a multi-target gold and silver system situated 15 km southeast of Hecla Mining’s high-grade Midas gold-silver mine, 13 km from new high-grade Green Racer Sinter gold-silver discovery and 3 km north of its Hollister gold-silver mine. Rimrock has the potential for shallow epithermal systems, similar to the Midas and Hollister mines, which are low sulfidation, high-grade gold deposits, and the potential for deeper Carlin-type gold deposits.


Mapping, sampling, gravity, and drone MAG survey programs have been completed in 2021, and a high resolution deep-seeking Induced polarization survey is now underway. Geologic mapping and rock-chip sampling has uncovered three new gold-silver drilling targets, bringing CAT Strategic Metals a total of five drilling targets to pursue in coming months.

Gold Jackpot Project

The Gold Jackpot project is located in the Elko district in northeastern Nevada, US which is believed to host a porphyry copper-, Emperor, Fiji-style Au-Te, Carlin-style Au, and Midas-style gold-silver exploration models. The project’s region is highly mineralized and sits on the Pequop Gold-Copper Trend, located east of the Battle Mountain-Eureka Trend, Getchell Trend and Carlin Trends, which are copper- and gold-rich areas. The project is located near high-yielding copper and gold mines such as Long Canyon, Robinson Copper-Gold, Phoenix Copper-Gold, Turquoise Ridge/Getchell Mine, Twin Creeks, Goldstrike and Carlin-Mike Cu-Bluestar-Exodus.

Gold Jackpot has had substantial historical exploration completed from the 1980s to the early 2000s including 27 drill holes completed by Tenneco from 1988 to 1989. The project has multiple exploration targets including the Carlin-style gold target that sampled up to 16 g/t of gold, a diatreme-porphyry copper-gold system and the gold-silver-tellurium-gold-silver target that yielded up to 4 kg/t of tellurium.

Interpretation of a drone-based magnetic, ground-based gravity surveys and induced polarization lines at the have been completed and defined two distinct geophysical anomalies in two locations. The surveys have also confirmed that the southern anomalies represent a diatreme-porphyry-style target, while the northern anomalies represent a Carlin-style gold target.
Planning for a follow up exploration program is underway.

South Preston Project (Uranium)

The South Preston project is located southwest of the uranium-rich region of the Athabasca Basin in Saskatchewan, Canada.

The project has more than 10 km of adjacent property bordering NexGen Energy Ltd. which recently discovered the high-grade Arrow uranium deposit. Another recent discovery in the region belongs to Fission Uranium Corp. which discovered the Triple R uranium Lake South deposit. The project also has more than 18.5 km of a continuous boundary with Orano which is a leading global uranium producer. Additionally, South Preston has 50 km of contiguous claim border with Azincourt Energy Corporation.

The South Preston project could potentially host the extension of a priority uranium exploration corridor extending from NexGen Energy Ltd.’s Rook-1 Project to Azincourt Energy Corp.’s East Preston Uranium project nearby.

Burntland Project (Copper, Silver and Gold)

The Burntland Project is located in the northern portion of New Brunswick, Canada in a region with high-grade silver, gold and copper potential. The project is accessible year-round with highways and logging roads. Burntland is located near the large-scale VMS Bathurst mining district and is adjacent to McKenzie and Rocky Brook regional fault systems.

Mineralization in the area is hosted within skarns, proximal to intruding porphyry dykes. Assay results show high-grade copper mineralization as high as 16.3 percent Cu and silver mineralization as high as 220 g/t Ag. The project has five targets that are believed to contain copper mineralization in porphyry systems based on associated geological factors.

The company has completed a drone MAG survey in 2021 to detect and delineate key geological targets. Additional high resolution Quadri-MAG, VLF, Heli Borne Survey is planned for the fall, with diamond drilling planned for fall/winter of 2021.

CAT Strategic Metals’ Management Team

 

Robert Rosner – Chairman of the Board, President & CEO

Robert Rosner has over 30 years of extensive experience as a mining industry entrepreneur and executive. Rosner is acting Chairman and CEO of CAT Strategic Metals Corporation. Rosner is also the director and former executive of Lucky Minerals Inc. and a director and CFO of EMgold Mining Corporation. He was instrumental in founding several junior exploration mining companies where he played significant roles in the management and growth of these companies. These included multiple resource ventures that were involved in early-stage exploration, resource location, delineation and development.

Rosner has been an officer and director of both Canadian and U.S. listed companies, providing senior management of compliance reporting, oversight and other fiduciary capacities and directing corporate activities. He also has significant experience in initial public offerings (IPO), mergers and acquisitions and reverse takeovers (RTO).

Steven Cozine – CFO & Corporate Secretary, Director

Steven Cozine has over 25 years of experience as an officer and director of numerous publicly listed companies in the mining, industrial and high-tech sectors. His experience spans a wide range of corporate management responsibilities with a focus on governance and regulatory compliance, project management and corporate finance including private funding and prospectus offerings, human resources, strategic planning and corporate operations.

Sebastian Tang – Chief Financial Officer

Sebastian Tang has been involved in the accounting and preparation of the Company’s financial statements for the past several years and is well acquainted with CAT Strategic Metals and its projects. Additionally, Sebastian has significant experience in the financial management and planning of publicly listed issuers. He has held executive positions, including CFO and corporate controller in other public and private ventures. Before starting his own firm, he worked in public practice for 7 years, including two years at Ernst & Young, and 8 years in private practice with Hunter Dickinson Inc.

Julien Davy – Director

Mr. Davy began his career as an exploration geologist in the summer of 1996. His tenure includes assessing numerous projects at the exploration and/or advanced stages of development throughout Canada and abroad. Davy has been involved in numerous acquisitions and mining investment activities. Davy is currently the President & CEO of Tarku Resources Ltd. and concurrently has held the positions of President at Stria Lithium and a senior exploration geologist at Osisko Mining Corporation Canada.

Additionally, Davy was an investment consultant for SIDEX s.e.c. of Montréal. Davy also has been employed by numerous companies including NioGold Mining Corporation in Val-d’Or, Hecla Mining in Venezuela, Cambior Exploration Canada, Anglo-American Exploration and the Ministry of Natural Resources of Québec. In 2015, Davy co-founded, with Benoit Lafrance, Eureka Exploration, a private exploration company that was sold to Tarku Resources in June 2017. Davy is a member of the OGQ and Qualified Person (QP) according to National Instrument 43-101. Mr. Davy has a Master’s degree from the Université du Québec à Montréal and an MBA from HEC in Montréal.

Luis Martins – Director

Luis Martins is a geologist with over 30 years of experience in the exploration and mining sector. He graduated from the Faculty of Sciences of Lisbon in 1973 and has an MSc in Economic Geology from the same faculty in 1995 and also has completed several other national and international post-graduation courses. Martins previous roles include Director of the Mineral Resources Department at the Geology and Mining Institute, Director of the Mines and Quarries Department at the Directorate-General of Energy and Geology (the mining authority), Vice President of Colt Resources Inc., CEO of Ozdogou Portugal Mining and Exploration Lda. and Director of Assimagra (a Portuguese mining association). He has participated in numerous national and international research projects, especially in the mineral exploration, environmental geology and mining heritage fields. Martins is currently the President of the Cluster Portugal Mineral Resources.

Keep reading... Show less
CAT Strategic Metals Corp. Announces Completion of Detailed Review by WGM of its Large South Preston Uranium Exploration Property on the SW Margin of the Athabasca Basin, with Recommendations for Further Exploration

CAT Strategic Metals Corp. Announces Completion of Detailed Review by WGM of its Large South Preston Uranium Exploration Property on the SW Margin of the Athabasca Basin, with Recommendations for Further Exploration

CAT Strategic Metals Corporation (CSE:CAT) ("CAT" or the "Company") is very pleased to announce that the consulting firm Watts, Griffis and McOuat Ltd. ("WGM") of Toronto has completed an independent review of extensive historical and recent exploration data concerning areas on or adjacent to CAT's 206.8 km2 South Preston uranium exploration property located near the south-western margin of the Athabasca Basin in Saskatchewan, and east of recent discoveries by Fission Uranium and NexGen Energy (Figure 1

Figure 1: The CAT dispositions measuring 57 km from west to east are shown with a Google Earth image fill in the lower right corner of the view. The uranium deposits in the Patterson Lake Corridor are shown at upper left. The dispositions of other exploration companies are also shown.

Keep reading... Show less
CAT Strategic Begins Diamond Drill Program On Burntland Project In New Brunswick

CAT Strategic Begins Diamond Drill Program On Burntland Project In New Brunswick

CAT Strategic Metals Corporation (CSE:CAT) ("CAT" or the "Company") announces that it has commenced a diamond drill program on the Company's wholly owned Burntland Project in northern New Brunswick. Seven drill hole targets were identified following a trenching program and a 975 line-kilometre high-resolution drone magnetic survey that was conducted over the summer and early fall, and an additional geophysical VLF-EM, DTM and Mag survey completed in October

Forages Technic Eau Inc. ("FTE") is the contractor engaged to undertake the diamond drilling program, which will consist of seven holes to be drilled to a depth of ~200 metres each and is expected to be completed within 28 days, with a short break occurring over the Christmas holidays. FTE will be running two crew shifts per day in order to complete the drilling as quickly as possible. Patrick Laforest, P.Geo, is the Company's field project manager overseeing the drill program as well as being the designated QC/QA geologist.

Keep reading... Show less

CAT Strategic Receives Work Authorization to Conduct Diamond Drill Program on Burntland Project in New Brunswick; Additional Drill Targets to be Identified Following Latest Airborne Geophysical Survey

CAT Strategic Metals Corporation (CSE:CAT) ("CAT" or the "Company") announces that it has received all of the necessary governmental authorizations and permits required to begin diamond drilling on the Company's Burntland Property in northern New Brunswick. CAT is about to proceed with a 7 hole diamond drill program to further explore and evaluate the potential volume of a trenching program that occurred over the summer of 2020

This previous trenching identified extensive areas of skarnified sediment-hosted mineralization adjacent to porphyry dykes. The average of 27 samples collected from this trench area returned 1.67 % Cu and 39.3 g/t Ag, with samples taken selectively across approximately 60 metres of the exposed trench. The highest-grade samples from this exercise include up to 16.3 % Cu & 220.0 g/t Ag, 5.58 % Cu & 192.0 g/t Ag, and 6.2 % Cu & 118 g/t Ag. Note that rock grab samples are selective by nature and values reported may not represent the true grade or style of mineralization across the property. A historical ground magnetic survey indicates that skarn-type mineralization on the Project is often found at the margins of magnetic-high areas.

Keep reading... Show less

CAT Strategic Metals Completes Drone Mag Survey and Undertakes Airborne Geophysical Program on Burntland Project in New Brunswick to Identify Drill Targets

CAT Strategic Metals Corporation (CSE:CAT) ("CAT" or the "Company") announces that it has engaged EAGLE Geophysique Inc. ("EAGLE") to perform a geophysical VLF-EM, DTM and Mag survey designed to identify structures that would allow for establishment of a diamond drill program expected to be conducted prior to the end of the current 2021 calendar and fiscal year

This ongoing survey, known as a Quadri-Mag, is the latest generation in high precision airborne equipment. The ultra-wide horizontal and vertical gradient allows mapping of subtle changes in rock properties. The platform is towed under a helicopter for maximum ground proximity. Its 10 meter horizontal and 3 meter vertical gradient enable it to locate hydrothermal alteration similar to narrow quartz veining, kimberlite dykes and sills and other geological structural features. The passive EM equipment is capable of detecting conductors at depths greater than 1 kilometer. By measuring naturally occurring EM fields (AFMAG - audio frequencies magnetics) both discrete conductors and bulk changes in resistivity and conductivity common in geologic contacts and structures can be detected. This innovation will allow to collect and measure disseminated sulphides and important alteration systems. The geophysical program consists of a total of 970 linear Km's over a survey area of 47.55 square Kilometers.

Keep reading... Show less

CAT Strategic Metals Signs Agreement with Geological and Mining Consulting Firm to Advance South Preston Uranium Project in Canada's Prolific Athabasca Basin

CAT Strategic Metals Corporation (CSE:CAT) ("CAT" or the "Company") announces that it has engaged Watt, Griffis and McOuat Limited, Geological and Mining Consultants ("WGM"), for the purpose of discovering economically viable uranium mineralization on CAT's South Preston uranium property

Discussions with WGM began in earnest in September in order to determine the best and most productive methods to advance the South Preston Uranium Project in the most desirable and expeditious manner possible. After an initial review of the available project data, WGM expressed significant interest in pursuing the project with CAT and provided a proposal to the Company outlining the scope of work required to ascertain uranium mineralization that is consistent with unconformity-type deposits that have been confirmed to exist in the Athabasca Basin. These types of deposits are the highest-grade uranium deposits known.

Keep reading... Show less
Rox Resources Logo

Youanmi Deeps Resource Upgrade Lifts Total Youanmi Resource to 3 Moz Au

West Australian focused gold exploration and development company, Rox Resources Limited (“Rox” or “the Company”) (ASX:RXL), in conjunction with its joint venture partner Venus Metals Corporation Limited (ASX: VMC) is pleased to report a significant increase to the Mineral Resource Estimate (“MRE”) for the Youanmi Gold Project near Mt Magnet, WA.

Keep reading... Show less
Snowline Gold Strengthens Technical Team and Issues Incentive Stock Options

Snowline Gold Strengthens Technical Team and Issues Incentive Stock Options

Snowline Gold Corp. (CSE:SGD)(OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to announce the strengthening of its technical management team in preparation for a highly active 2022 field season

Thomas Branson, P.Geo., joins the Company as its Exploration Manager. Mr. Branson brings over 15 years' industry experience to the Snowline team, having helped to organize and manage more than $55M in exploration expenditures and over 180,000 metres of drilling. His experience spans several continents but is focused in BC and the Yukon. A registered professional geologist with Engineers and Geoscientists British Columbia, Mr. Branson holds a B.Sc. in Earth and Ocean Science from the University of British Columbia and an M.Sc. in Exploration Geology from Rhodes University in South Africa.

Keep reading... Show less
gold bars and coins

VIDEO — Nick Barisheff: Stagflation Looming, Holding Gold "More Important Than Ever"

Nick Barisheff: Stagflation Looming, Holding Gold "More Important Than Ever" youtu.be

US inflation data released last week shows the Consumer Price Index jumped 7 percent in 2021, marking the biggest 12 month increase since 1982. But do official statistics tell the whole story?

According to Nick Barisheff, CEO of BMG Group, the answer is "no." Speaking to the Investing News Network, he pointed out that if inflation was calculated the way it was in 1980, it would be at 15 percent.

He also noted that inflation is happening at a time when gross domestic product is declining. "(With) the two of them combined we get stagflation," said Barisheff, adding, "That's the worst possible combination."

Keep reading... Show less
InvestmentPitch Media Video Discusses Platinex's Acquisition of the W2 Copper-Nickel-PGE Project Near Ring of Fire, Northwestern Ontario - Video Available on Investmentpitch.com

InvestmentPitch Media Video Discusses Platinex's Acquisition of the W2 Copper-Nickel-PGE Project Near Ring of Fire, Northwestern Ontario - Video Available on Investmentpitch.com

Platinex Inc (CSE: PTX) has closed its acquisition of a 100% ownership interest in the W2 Copper-Nickel-PGE Project in northwestern Ontario. The W2 Project controls one of the major Oxford Stull Dome complexes and includes over 5 kilometres of strike length of known copper-nickel-PGE mineralization within a large 9,134-hectare land package located near the Ring of Fire.

InvestmentPitch.com has produced a "video" which discusses this news. If this link is not enabled, please visit www.InvestmentPitch.com and enter "Platinex" in the search box.

Keep reading... Show less
Sarama Resources - Corporate Update

Sarama Resources - Corporate Update

The Board of Directors of Sarama Resources Ltd. (TSXV:SWA) (the "Company") has granted 2,721,665 options to directors, officers, employees and consultants of the Company. The option grant is the result of the Company's annual compensation review. This granting of options is made in accordance with the Company's stock option plan which was approved by shareholders on October 20, 2021 and allows for the issuance of a number of options up to 10% of its rolling issued and outstanding common shares. The options have an exercise price of C$0.20, will immediately vest and are exercisable for a period of 3 years from the date of the grant thereof. The Company's 5-day and 20-day VWAPs at market close on January 18, 2022, was C$0.1718 and C$0.1617 respectively

On January 18, 2022, 1,441,665 options granted on January 18, 2019, and exercisable at C$0.18 had expired.

Keep reading... Show less
Blue Star Gold Drills 5.21 g/t Gold over 3.00 Metres in a Structure Parallel to Its High-Grade Flood Zone Gold Deposit

Blue Star Gold Drills 5.21 g/t Gold over 3.00 Metres in a Structure Parallel to Its High-Grade Flood Zone Gold Deposit

Blue Star Gold Corp. (TSXV: BAU) (FSE: 5WP0) (OTCQB: BAUFF) ("Blue Star" or the "Company") is pleased to provide results from an additional eight (8) drill holes from the 2021 exploration program at its Ulu Project located in the High Lake Greenstone Belt, Nunavut. Results from ten (10) drill holes remain outstanding.

Highlights from the recently completed drill program:

Keep reading... Show less

Latest Press Releases

Related News

×