Constantine Named to 2022 OTCQX Best 50

Constantine Named to 2022 OTCQX Best 50

Constantine Metal Resources Ltd. (TSXV: CEM) (OTCQX: CNSNF) ("Constantine" or the "Company") is pleased to announce it has been named to the 2022 OTCQX® Best 50, a ranking of top performing companies traded on the OTCQX Best Market last year, achieving second place in the prestigious rankings from a list of over 500 companies.

The OTCQX Best 50 is an annual ranking of the top 50 U.S. and international companies traded on the OTCQX market. The ranking is calculated based on an equal weighting of one-year total return and average daily dollar volume growth in the previous calendar year. Companies in the 2022 OTCQX Best 50 were ranked based on their performance in 2021.

"Constantine moved to the OTCQX Best Market from the OTCQB Venture Market two years ago, when we decided to put additional emphasis on bringing more US investors into our shareholder base," commented Constantine President & CEO Garfield MacVeigh. "We believe that this move helped facilitate our continued growth and increasing value."

The OTCQX Best Market offers transparent and efficient trading of established, investor-focused U.S. and global companies. To qualify for the OTCQX market, companies must meet high financial standards, follow best practice corporate governance, and demonstrate compliance with applicable securities laws.

For the complete 2022 OTCQX Best 50 ranking, visit:

https://www.otcmarkets.com/files/2022_OTCQX_Best_50.pdf

About the Company

Constantine is a Canadian based mineral exploration company led by an experienced and proven technical team with a focus on the Palmer base metal project in southeast Alaska. The Palmer project is being advanced as a joint venture between Constantine (~44.9%) and Dowa Metals & Mining Co., Ltd. (~55.1%), with Constantine as project operator. The Dowa-Constantine partnership was initiated in 2013 and completed a positive Preliminary Economic Assessment (PEA) in 2019. The Palmer Joint Venture partnership is focused on advancing the Palmer project to feasibility while continuing exploration to build additional resources.

In 2019, Constantine successfully spun-out its gold assets into HighGold Mining Inc. that included the high-grade Johnson Tract gold project in south-central Alaska, the Munro-Croesus Gold property renowned for its high-grade mineralization and other gold properties in the Timmins area, Ontario.

In 2020, Constantine's 100% owned Big Nugget Gold project, located 8 kilometers east of the Palmer Project, was recognized as a potential gold lode source area, immediately upstream from the +80,000 ounce gold Porcupine Placer operations. In 2021, Constantine announced the acquisition of the Bouse Cu-Au Property in southwest Arizona, and the Hornet Creek copper-gold property in west-central Idaho.

Management is committed to providing shareholder value through discovery, meaningful community engagement, environmental stewardship, and responsible mineral exploration and development activities that support local jobs and businesses. Please visit the Company's website (www.constantinemetals.com) for more detailed company and project information.

On Behalf of Constantine Metal Resources Ltd.

"Garfield MacVeigh"
President

For further information please contact:
Garfield MacVeigh, President or Michael Vande Guchte, VP Exploration
Phone: 604-629-2348. Email: info@constantinemetals.com

Notes:

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

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/111634

News Provided by Newsfile via QuoteMedia

CEM:CA
The Conversation (0)
Constantine Announces Palmer Project Manager/Senior Engineer for the Palmer Copper-Zinc-Silver-Gold Project, Southeast Alaska

Constantine Announces Palmer Project Manager/Senior Engineer for the Palmer Copper-Zinc-Silver-Gold Project, Southeast Alaska

Constantine Metal Resources Ltd. (TSXV: CEM) ("Constantine" or the "Company") is pleased to announce the appointment of Ernst (Ernie) Siemoneit to the position of Palmer Project ManagerSenior Engineer for the Palmer copper-zinc-silver-gold project in Southeast Alaska.

Ernie is based in Fairbanks, Alaska and brings over 30 years of combined experience in management, mining engineering and operations with deep knowledge of underground mine design, engineering support, mine system reporting and continuous improvement processes. His experience includes managing technical and financial teams, contractors for mine engineering, underground development, mine construction, facilities commissioning, pre-production development and production ramp-up. Ernie was most recently the Chief Mining Engineer at the Pogo Gold Mine ("Pogo") located east-southeast of Fairbanks, Alaska with Northern Star Resources. At Pogo, he led a site projects team of four engineers supporting improvements and expansion of the Pogo Mine to a 300,000 ounce per year gold producer.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Constantine Announces US $18 Million Budget for 2022 Palmer Copper-Zinc-Silver-Gold Project, Southeast Alaska

Constantine Announces US $18 Million Budget for 2022 Palmer Copper-Zinc-Silver-Gold Project, Southeast Alaska

Constantine Metal Resources Ltd. (TSXV: CEM) ("Constantine" or the "Company") is pleased to announce plans for the Palmer Project located in Southeast Alaska ("Palmer" or "Project"). A budget of US $17.98 million for the 2022 work program (the "2022 Program") has been approved by Constantine Mining LLC ("Constantine Mining"), which includes plans for a surface exploration drilling program, continuing baseline environmental work and preparation for the development of an underground incline (ramp) for future exploration and definition drilling.

The multi-purpose 2022 Program focuses on construction preparations for the initiation of an underground exploration program, expected to start in mid 2023. The major items in the program include:

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Constantine Files Amended NI 43-101 Technical Report for Preliminary Economic Assessment on Palmer Project, Southeast Alaska

Constantine Files Amended NI 43-101 Technical Report for Preliminary Economic Assessment on Palmer Project, Southeast Alaska

Constantine Metal Resources Ltd. (TSXV: CEM) ("Constantine" or the "Company") announces the filing of an amended technical report titled Amended NI 43-101 Technical Report Palmer Project Alaska, USA ("the Amended Technical Report") dated March 7, 2022 on SEDAR at www.sedar.com.

The Amended Technical Report has been filed as a result of a Technical Disclosure Review by the British Columbia Securities Commission (the "BCSC"). Pursuant to the review, the Company reorganized and added additional information to the original report with additional Qualified Persons (QP) disclosure to ensure compliance with National Instrument ("NI") 43-101. The Amended Technical Report does not change the accompanying mineral resource estimates, economic analysis, conclusions, and recommendations provided in the original report dated July 18, 2019, for the Palmer Project.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Constantine Acquires Option on Yuma King Copper-Gold Property in Southwest Arizona

Constantine Acquires Option on Yuma King Copper-Gold Property in Southwest Arizona

Constantine Metal Resources Ltd. (TSXV: CEM) ("Constantine" or the "Company") is pleased to announce that it has signed a binding letter agreement (the "Agreement") to acquire an undivided 100% interest in the Yuma King Copper-Gold property (the "Property") consisting of 295 federal mining claims (3905 hectares). The Property represents a portion of the total 495 claim Yuma King property, located in La Paz County Arizona, USA. Constantine retains the right to a 50% interest in any agreement on the remaining 200 claim portion of the Yuma King property subject to certain obligations.

The Property is located 93 miles (153 kilometers) northwest of Phoenix, Arizona and about 20 miles (32 kilometers) southeast of Constantine's previously announced Bouse Cu-Au property acquisition. The principal exploration targets are the Yuma Mine copper-gold skarn mineralization and copper-molybdenum porphyry style mineralization, associated with phases of an early Jurassic porphyry system. An early Jurassic rhenium-osmium molybdenite age date at Yuma King indicates a similar age to the Bisbee porphyry copper and skarn deposit in SE Arizona (S. Keith, MagmaChem Exploration Inc, personal communication).

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Constantine Announces Advertising and Investor Awareness Program and Shares Issued for Financial Advisory Services

Constantine Announces Advertising and Investor Awareness Program and Shares Issued for Financial Advisory Services

Constantine Metal Resources Ltd. (TSXV: CEM) (OTCQX: CNSNF) ("Constantine" or the "Company") announces that it has entered into an advertising and investor awareness campaign with Dig Media Inc. dba Investing News Network ("INN").

INN is a private company headquartered in Vancouver, Canada, dedicated to providing independent news and education to investors since 2007. During the 12 month term of the agreement, which expires at the end of August 2022, INN will provide advertising to increase awareness of the Company. Under the terms of the agreement with INN, the Company has agreed to pay INN $36,000 for the campaign, payable in cash in four quarterly installments of $9,000 each. The agreement is subject to TSXV acceptance. INN is at arms-length from the Company and has confirmed that it does not have any interest, directly or indirectly, in the Company or its securities, or any right or intent to acquire such an interest.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Standing gold bar in front of stacks of gold bars. Words read "5 Top Canadian Mining Stocks This Week."

Top 5 Canadian Mining Stocks This Week: Kirkland Lake Discovery Gains 88 Percent

Welcome to the Investing News Network's weekly look at the best-performing Canadian mining stocks on the TSX, TSXV and CSE, starting with a round-up of Canadian and US news impacting the resource sector.

Statistics Canada released July’s labor force survey on Friday (August 8). The data shows that the Canadian economy shed 41,000 workers during the month and registered a 0.2 percent decline in the employment rate to 60.7 percent.

However, the unemployment rate was unchanged at 6.9 percent.

Keep reading...Show less
Gold bars with "5 Top Australian Mining Stocks This Week" text.

Top 5 Australian Mining Stocks This Week: Waratah Shares Soar Following Spur Project Drilling Results

Welcome to the Investing News Network's weekly round-up of the top-performing mining stocks listed on the ASX, starting with news in Australia's resource sector.

August opened with the announcement that Australia is not one of the countries to be hit with higher reciprocal tariffs from the US. Tariffs on the country will remain at the 10 percent level.

In its latest Trade and Assistance Review, Australia’s Productivity Commission said the country could benefit from redirected global capital flows in the wake of US tariffs — but only if it maintains its commitment to open markets.

Keep reading...Show less
Gold bars and scattered coins on a shiny surface.

OPINION — Goldenomics 102: The Shadow Price of Gold

This opinion piece was submitted to the Investing News Network (INN) by Darren Brady Nelson, who is an external contributor. INN believes it may be of interest to readers and has copy edited the material to ensure adherence to the company’s style guide; however, INN does not guarantee the accuracy or thoroughness of the information reported by external contributors. The opinions expressed by external contributors do not reflect the opinions of INN and do not constitute investment advice. All readers are encouraged to perform their own due diligence.

Keep reading...Show less
LaFleur Minerals (CSE:LFLR)

LaFleur Minerals Provides Swanson Drilling Update, Acquires Key Swanson Claim, and Files Updated NI 43-101 Technical Report

LaFleur Minerals Inc. (CSE: LFLR) (OTCQB: LFLRF) (FSE: 3WK0) ("LaFleur Minerals" or the "Company") is pleased to announce that to date, seven (7) diamond drill holes totaling 1,764 metres have been completed at its Swanson Gold Project ("Swanson") since drilling commenced in early July (Figure 1). Three (3) of these holes have been sampled, sawn, and sent to the assay laboratory for analysis, with final results expected in the coming weeks. The Swanson Gold Project is particularly well positioned as it lies in the heart of the Abitibi Greenstone Belt near Val-d'Or, Québec, a globally renowned gold district.

Drilling is currently focused on the northern part of the Swanson Gold Project near the Swanson Gold Deposit, which hosts an Indicated and Inferred Mineral Resource Estimate. These regional exploration holes are testing geological, geophysical, and geochemical targets up to 3 km from the Swanson Gold Deposit and along strike of a major structural break. Visual core logging suggests that several of the completed holes intersected geological features similar to those hosting known mineralization at the Swanson Gold Deposit.

Keep reading...Show less

Latest Press Releases

Related News

×