Day: June 5, 2019

Aura Announces Stock Option Grant

Aura Resources Inc. announces that, pursuant to its Stock Option Plan, it has granted stock options to directors, officers and a consultant of the Company to purchase an aggregate 1,200,000 common shares in the capital of the Company at an exercise price of $0.05 per share which expire on June 4, 2024.

GoGold Drills 18.5m Averaging 3.07 g/t Gold Equivalent in Deepest Hole to Date at the Los Ricos Project Confirming Deposit Open at Depth

‘Our understanding of the Los Ricos deposit has been greatly enhanced by incorporating the historical underground gold and silver assay data from over 10,000 channel samples collected in the stopes, crosscuts, raises and winzes into our 3D models. This has allowed us to visualize the down-dip extensions of the high-grade deposits and provides an approach for the team to continue drilling successful holes like these’ stated Brad Langille, President and CEO.

Alberto Orozco Joins Riverside as VP Corporate Development

Riverside Resources Inc. is pleased to announce the hiring of Alberto Orozco, who has taken a VP Corporate Development position with the Company. Mr. Orozco is based in Hermosillo, Sonora, Mexico with Riverside’s Mexico headquarters where he is able to lead the Riverside Mexico mineral exploration team with a focus on the Company’s on-going work and new developments to accelerate the Company’s corporate growth plans. Alberto will also lend his support towards the new exploration funding agreement with BHP announced in mid-May 2019.

Epiroc to connect machines, systems and people with ‘6th Sense’

The “6th Sense” solution addresses a growing need for the two industries to look to digital technologies to enhance productivity, sustainability and safety, according to the company. The approach is the Epiroc way to optimise customers’ processes by connecting machines, systems and people using automation, information management and system integration.

Bacanora Lithium (BCN) Feasibility Study Estimates 428 Million Euros NPV and 27.4% IRR for Zinnwald Lithium Project.

Cadence Minerals is pleased to note the announcement today by Bacanora Lithium regarding the results of the NI 43-101 Feasibility Study for the Zinnwald Lithium Project in Germany which confirm the positive economics and favourable operating costs for the production of 5,112 tonnes per annum of battery grade Lithium Fluoride, a high value, downstream product used in the manufacture of lithium battery electrolytes for the European electric vehicle industry. With a long life of project of 30 years, the FS estimates a pre-tax project Net Present Value of €428 million (8% discount rate); an Internal Rate of Return of 27.4%; favourable Life of Mine operating costs and a 46% EBITDA operating profit margin.

All News