Gold

Quadro Resources

Quadro Announces Private Placement

Quadro Resources Ltd. (“Quadro” or the “Company”) (TSXV: QRO, OTC Pink: QDROD, FRA: G4O2) is pleased to announce that, subject to regulatory approval, it will conduct a non-brokered private placement of up to 10,000,000 units (the “Units”), each Unit priced at $0.05 and consisting of 1 common share of the Company and 1 common share purchase warrant (the “Unit Warrants”), each Unit Warrant being exercisable for an additional common share of the Company at $0.10 for 12 months from closing, and up to 8,333,333 flow-through units (the “FT Units”), each FT Unit priced at $0.06 and consisting of 1 flow-through share and one half common share purchase warrant (the “FT Unit Warrants”), each full FT Unit Warrant being exercisable at $0.12 for a common share of the Company for 12 months, to raise proceeds of up to a total of $1,000,000.

Proceeds from the financing will be used to explore and develop the Company’s Long Lake/Tulks South and Careless Cove/Yellow Fox properties and for working capital purposes. Finder’s fees on the financing may be paid in accordance with TSX Venture Exchange policies.

About Quadro Resources – Quadro is a publicly traded mineral exploration company. It is led by an experienced and successful management team and is focused on exploring for gold in North America. The Company’s shares trade on the TSX Venture Exchange under the symbol “QRO”. Quadro owns a 100% interest in the Staghorn property, which it has optioned to TRU Precious Metals Corp., has an option to earn a 100% interest in the Long Lake and Careless Cove properties, and has an option to earn an initial 51% interest in the Tulks South Property, in Newfoundland.

On behalf of the board of directors,
Quadro Resources Ltd.

“T. Barry Coughlan”
President and CEO

Tel (604) 644-9561
info@quadroresources.com

"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." The information contained herein contains "forward-looking statements" within the meaning of applicable securities legislation. Forward-looking statements relate to information that is based on assumptions of management, forecasts of future results, and estimates of amounts not yet determinable. Any statements that express predictions, expectations, beliefs, plans, projections, objectives, assumptions or future events or performance are not statements of historical fact and may be "forward-looking statements." Forward-looking statements are subject to a variety of risks and uncertainties that could cause actual events or results to differ from those reflected in the forward-looking statements. Investors are cautioned against attributing undue certainty to forward-looking statements. These forward-looking statements are made as of the date hereof and the Company does not assume any obligation to update or revise them to reflect new events or circumstances. Actual events or results could differ materially from the Company's expectations or projections.” For more information on the Company, interested parties should review the Company's filings that are available at www.sedar.com.

Source

Click here to connect with Quadro Resources Ltd. (TSXV: QRO, OTC Pink: QDROD, FRA: G4O2), to receive an Investor Presentation

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Quadro Resources

Quadro Resources


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Quadro Shares Results from Its Optioned Staghorn Property

Quadro Shares Results from Its Optioned Staghorn Property

Quadro Resources Ltd. (TSXV: QRO) (OTC Pink: QDROF) (FSE: G4O2) ("Quadro" or the "Company") is pleased to announce the final geochemical reporting of trenching and channel sampling from previously announced high grade gold results (refer to TRU Precious Metals Corp.'s ("TRU") news release dated November 23, 2022) from recent work completed by TRU on Quadro's recently optioned Staghorn property in Central Newfoundland and completed 130m northwest of the main Mark's Pond Shear zone.

"TRU collected a total of 159 channel samples within the recently excavated 275 m long trench, including 85 samples within a 23 m long easterly extension at the southern end of the trench along strike of a visible gold-bearing volcaniclastic and graphitic shear zone. This newly discovered high-grade gold zone has been named the "Northcott Gold Zone" to recognize the significant discoveries made by prospector Ed Northcott in this area."

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Quadro Closes Option Agreement with TRU for Quadro's Staghorn Project, Newfoundland

Quadro Closes Option Agreement with TRU for Quadro's Staghorn Project, Newfoundland

Quadro Resources Ltd. (TSXV: QRO) (OTC Pink: QDROF) (FSE: G4O2) ("Quadro" or the "Company") is pleased to announce that, further to its news release dated June 16, 2022, Quadro has closed the definitive option agreement dated June 15, 2022 (the "Option Agreement") with TRU Precious Metals Corp. ("TRU").

Pursuant to the terms of the Option Agreement, TRU has the option to acquire up to an aggregate 65% ownership in Quadro's Staghorn Project (the "Staghorn Project") located in central Newfoundland. The Staghorn Project is a large claim package of 133 claim units in eight mineral licenses covering 3,325 hectares with a 12 km strike length of the auriferous Cape Ray Fault Zone. The Staghorn Project is comprised of two distinct groups of licenses (see Figure 1) which are immediately within and/or adjacent to TRU's flagship Golden Rose Project ("Golden Rose").

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Quadro Options Its Staghorn Central Newfoundland Gold Property to TRU Precious Metals Corp.

Quadro Options Its Staghorn Central Newfoundland Gold Property to TRU Precious Metals Corp.

Quadro Resources Ltd. (TSXV: QRO) (OTCQB: QDROF) (FSE: G4O2) ("Quadro" or the "Company") is pleased to announce that, subject to TSX Venture Exchange (the "Exchange") approval, it has signed an option agreement for the Staghorn property in Newfoundland and Labrador (the "Property") with TRU Precious Metals Corp. ("TRU"), giving TRU the option to acquire up to an aggregate 65% interest in the Property (the "Staghorn Option").

THE STAGHORN OPTION

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Gold Mining in Nunavut: Tapping into Canada's Frontier Mining Jurisdiction

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In addition to this impressive mineral inventory, gold is arguably Nunavut's greatest mineral resource. Along with two current producing gold mines, the territory hosts multiple gold deposits at various stages of exploration, construction and development.

One of the most promising regions for gold exploration and discovery in Nunavut sits proximal to the Rankin Inlet. Primarily, this promise is because it hosts Canada's second largest greenstone belt — geologic formations known for having incredibly rich deposits of gold. Significant exploration and discovery has already occurred in this area, yielding both valuable data and improved geological models that can be leveraged by newcomers to the area.

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B2Gold Targets 30% Reduction in GHG Emissions by 2030 and Announces Expansion of the Fekola Solar Plant

B2Gold Corp. (TSX: BTO, NYSE AMERICAN: BTG, NSX: B2G) ("B2Gold" or the "Company") is pleased to announce that the Company has set a target to reduce its Scope 1 and 2 greenhouse gas ("GHG") emissions by 30% by 2030 against a 2021 baseline.

As a Company, B2Gold recognizes that climate change is a critical global challenge and understands that it must act accordingly. B2Gold has been an innovative leader within the mining industry with respect to the management of sustainability issues and this commitment to GHG emissions reduction forms a key part of our Climate Strategy, incorporating climate management as a part of its business strategy and planning process.

News Provided by GlobeNewswire via QuoteMedia

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Mink Ventures' Exploration Progress from Its Montcalm Ni-Cu-Co Project

Mink Ventures' Exploration Progress from Its Montcalm Ni-Cu-Co Project

Mink Ventures Corporation (TSXV: MINK) ("Mink" or the "Company") today announced an exploration progress update from its 40 km2 Montcalm nickel copper cobalt project, located adjacent to Glencore's historical Montcalm Mine, 65 km northwest of Timmins, Ontario. The Montcalm Mine had historical production of approximately 3.93 million tonnes of ore grading 1.25% Ni, 0.67% Cu and 0.051% Co. (Ontario Geological Survey, Atkinson, 2010). In just over two weeks since beginning its exploration program, the Company has completed the following at its Montcalm Project (see accompanying Fig.2).

  • Completed multiple, borehole induced polarization (IP) surveys, as well as cross hole configurations, within the western portion of the Hook Zone, on five, priority, historical drill holes where unexplained electromagnetic (EM) targets remain relevant. The new, advanced borehole IP technology being utilized here can seek for a 250-meter radius around a borehole and deeper still from the bottom of a hole for both massive and disseminated targets and model these zones in 3D.
  • Outlined a number of significant targets of interest from the preliminary field data from the borehole IP survey. The field portion of the borehole surveying will be completed within the week and more detailed processing of the data will continue to prioritize targets for Mink's diamond drill program.
  • Applied to the Ontario Government's Critical Minerals Innovation Fund for a non-dilutive, $200,000 grant to build upon the success of Mink's Phase 1, proof-of-concept borehole IP survey, with a Phase 2 and Phase 3 survey program within or proximal to the Hook Zone. These surveys can seek massive and disseminated mineralization cost-effectively and will continue to be an important new exploration tool at Montcalm.
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Quarterly Activities Report For The Period Ending 31 December 2022

Titan Minerals Limited (Titan or the Company) (ASX:TTM) is pleased to provide a summary of its activities for the three month period ending 31 December 2022. The Company has made significant advances on exploration work programs at its Dynasty, Linderos and Copper Duke Projects in southern Ecuador, where several high priority targets have been identified and are being prioritised for drill testing in 2023.
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Australia Precious Metals Price Forecast: Top Trends for 2023

The precious metals sector was able to make some gains in 2022 despite broad uncertainty, which eroded market momentum and sentiment.

Three of the four categories (gold, silver and platinum) posted an uptick for the calendar year, while palladium shed 7.6 percent over the 12 month period. An ongoing semiconductor chip shortage in the auto sector weighed on the metal’s demand fundamentals, impeding growth.

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