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    Big News Roundup: Pacton Acquires “Golden Palms” Ground in Egina Area, Pilbara; Nevada Copper Hits with 19 Mineralized Holes: Enhances Potential of Open Pit Economics; First Cobalt Announces Inferred Mineral Resource for Iron Creek Project – Open at Depth and Along Strike

    Danielle Adams
    Sep. 28, 2018 10:00AM PST
    Precious Metals Investing

    In case you missed it, here is this week’s big news roundup.

    Sept 28 Big News Roundup: Pacton Acquires “Golden Palms” Ground in Egina Area, Pilbara; Nevada Copper Hits with 19 Mineralized Holes: Enhances Potential of Open Pit Economics; First Cobalt Announces Inferred Mineral Resource for Iron Creek Project – Open at Depth and Along Strike

    This week, the S&P/TSX Composite index (INDEXTSI:OSPTX) remained fairly flat. On Friday, the index fell due to NAFTA trade agreement concerns. The S&P/TSX Venture Composite Index (INDEXTSI:JX), meanwhile, steadily dropped all week.

    Base:

    • Foran Intersects 27 Metres of Continuous Mineralization
    • Forum Closes Acquisition of Idaho and Oregon Cobalt Properties
    • Avrupa Minerals Reports Positive Drilling Results from Entre Matinhas target on the Alvito IOCG Project, Portugal
    • Nevada Copper Hits with 19 Mineralized Holes: Enhances Potential of Open Pit Economics

    Critical:

    • International Cobalt Samples Over 5% Cobalt Among Several High-Grade Cobalt-Gold Occurrences At New Discovery On Blackbird Creek Project
    • Canada Carbon Signs MOU Agreement for Its Nuclear Purity Graphite Valued at USD $40k Per Tonne
    • Maxtech Provides Update on All Brazilian Assets
    • First Cobalt Announces Inferred Mineral Resource for Iron Creek Project – Open at Depth and Along Strike
    • SRG’s Metallurgical Testwork Under Way
    • Manganese X: Peter Lake Copper-Nickel-Cobalt Property in Quebec Averages 2.23% High Grade Copper from trench blast samples

    Energy:

    • IFR Enters Option Agreement for 100% of Tonalli Energia; Upon Exercise Grupo IDESA to Become Major Investor in IFR
    • Advantage Achieves Key Milestone With Filing Of Preliminary Economic Assessment (PEA) Report And Confirms Cauchari Project Development On Track

    Precious:

    • Goldplay Announces Additional Positive Results From Sampling Of Historical Core At San Marcial
    • Great Bear Drills Highest Grade Gold To-Date at New Near-Surface Discovery in “South Limb Zone”, Dixie Project, Red Lake District
    • Pacton Acquires “Golden Palms” Ground in Egina Area, Pilbara
    • Canuc Enters Into Definitive Agreement With Full Circle Energy Ltd.
    • Comstock Metals Joint Venture Partner Begins Development of Lithium Extraction Pilot Plant
    • White Gold Encounters Multiple High-Grade Surface Results including 139.9g/t, 134.6 g/t and 132.9 g/t Gold from Selected Grab Samples at Vertigo Discovery Extending Strike Length to 1.1km
    • Renforth Increases Parbec Contained Ounces of Gold by 28% in the Inferred Category and 11% in the Indicated Category with September 2018 Resource Estimate
    • Centenera Completes 100% El Quemado Earn-In
    • Aben Intersects Additional, Shallow High-Grade Gold Mineralization at the North Boundary Zone of the Forrest Kerr Project in BC’s Golden Triangle
    • Bonterra and Metanor Announce the Closing of the Transaction to Acquire Metanor
    • Great Panther Silver Announces Friendly Acquisition of Beadell Resources to Create New Growth Oriented Precious Metals Producer
    • Stratabound Announces Continuation of Option Agreements for the Golden Culvert Project, Yukon Territory and Settlement of Certain Liabilities
    • Metallic Screen Check Samples Return an Average 25% Increase in Gold Grade Over Fire Assay Samples

    This article is updated each week. Please scroll up for the most recent information.

    Sept 21 Big News Roundup: SRG Officially Begins Its Feasibility Study for the Lola Graphite Project; Fireweed Drills 21.1% Zinc, 13.5% Lead and 243 g/t Silver over 16.41 m in a Step-Out Hole at Tom East; Gold Resource Corporation’s Alta Gracia Project Returns 10.30 Meters Grading 1,052 g/t Silver

    This week, the S&P/TSX Composite index (INDEXTSI:OSPTX) rose steadily. On Friday, the index rose due to potential oil shortage concerns. The S&P/TSX Venture Composite Index (INDEXTSI:JX), meanwhile, had a turbulent week.

    Base:

    • Fireweed Drills 21.1% Zinc, 13.5% Lead and 243 g/t Silver over 16.41 m in a Step-Out Hole at Tom East
    • Deep-South Resources Amend the Agreement to Acquire 75% of the Kapili Tepe Copper, Nickel, Cobalt and Gold Project in Turkey

    Critical:

    • Maxtech Announces Letter of Interest to Purchase American Strategic Metals Lost Sheep Fluorspar Project and Lost Sheep Mine Adding to Utah Footprint
    • ePower Metals Purchases Connel Creek Cobalt Project, Lillooet Mining District BC
    • SRG Officially Begins Its Feasibility Study for the Lola Graphite Project

    Energy:

    • Plateau Extends Falchani “East” Lithium Deposit
    • Dajin Delivers Lithium Brine Samples from San Jose – Navidad Property to Lab
    • MGX Minerals to Manufacture Proprietary Cathodes for Next Generation Fuel Cell Batteries
    • Portofino Executes Definitive Agreement – Hombre Muerto West Lithium Brine Project in Catamarca, Argentina
    • Forum Executes Definitive Agreement to Acquire Idaho Cobalt and Oregon Gold-Silver-Copper-Cobalt Properties
    • Advantage Lithium: Cauchari JV Project Update Further Excellent Phase III Results In NW Sector Holes CAU20 And CAU21 – Samples Up To 700 mg/l Lithium
    • New Tech Lithium Report Vanadium Concentrations in Cobalt-Iron Mineralization at Buena Vista Hills Cobalt Project, Pershing County, Nevada

    Precious:

    • Pacton Gold receives Regulatory Approval to Purchase 100% of Arrow (Pilbara) Pty. Ltd.
    • IDM Mining’s Red Mountain Gold Project Enters Final Stage of Federal Environmental Assessment Process
    • Sunvest Minerals Completes Initial Site Visit at Moosehead North Gold Project, Newfoundland
    • Alexco Updates Bermingham Mineral Resource
    • Great Bear Reports 7.00 m of 68.76 g/t Gold from Revised Hinge Zone Interval, Announces New 30,000 m, 150 Drill Hole Program at Dixie Project, Red Lake District
    • Triumph Gold Commences Deep Penetrating Geophysical Surveys over the Blue-Sky, Revenue and Nucleus Area Targeting a Buried Causative Porphyry
    • Angkor Signs USD $3.65 Million Earn-In Agreement with Hommy Resources on Banlung Property
    • Wallbridge Intersects 122.35 g/t Gold Over 2.95 Metres And 41.02 g/t Gold Over 5.52 Metres In Newly Discovered Habanero Zone
    • Algold Reports High-Grade Drill Results at Salma – Eleonore East
    • Golden Predator Intercepts 8.5 meters of 5 g/t Gold at Brewery Creek Project; Drilling Extends Known Gold Mineralization over 200 m
    • Bonterra Announces New High-Grade Zone Located North of Gladiator near Surface with 27.4 g/t Au over 7.0 m
    • Enforcer Gold and SOQUEM Announce Amended & Restated Mineral Resource Estimate for the Roger Project
    • Falcon Adds 41 More Claim Units to Coomer Lake Vanadium-Titanium Project, Northern Ontario
    • Goldplay Discovers New High-grade Mineralization At San Marcial and Confirms Upside Resource Potential
    • Gold Resource Corporation’s Alta Gracia Project Returns 10.30 Meters Grading 1,052 g/t Silver
    • Northern Sphere Mining Corp. Identifies High Grade Mineralization Potential, including 35% Zinc and 963 grams Silver over 1 Metre on its Wholly Owned Nevada Property
    • White Gold Corp Acquires & Stakes Properties Around New Discovery on JP Ross Property, Yukon; Management to Present at Upcoming Conferences
    • Brixton Metals Drills 6.00 metres of 4,719.33 g/t Silver and 0.33% Cobalt at Its Langis Project, Ontario
    • Velocity Announces Preliminary Economic Assessment for the Rozino Gold Project, Southeast Bulgaria
    • Wealth Initiates New Geophysical Survey in Atacama Region
    • Fortune Announces Successful Tests to Produce Upgraded and Clean Cobalt Concentrate From the Nico Project

    To see our previous Resource Investing Big News Roundups, please click here.

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