Ministry of Oil and Mineral Reserves (Syria)

Fortune Minerals Announces Settlement of 2015 Debentures

Retrieved on: 
Thursday, December 1, 2022

Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (Fortune or the Company) ( www.fortuneminerals.com ) is pleased to announce that it has reached agreements (the Settlement Agreements) with the holders of its debentures issued in 2015 and amended in 2022 (the 2015 Debentures).

Key Points: 
  • Fortune Minerals Limited (TSX: FT) (OTCQB: FTMDF) (Fortune or the Company) ( www.fortuneminerals.com ) is pleased to announce that it has reached agreements (the Settlement Agreements) with the holders of its debentures issued in 2015 and amended in 2022 (the 2015 Debentures).
  • With the Settlement Agreements in place, Fortune can now focus on advancing the NICO cobalt-gold-bismuth-copper critical minerals development project (NICO Project) in the Northwest Territories (NWT) and Alberta.
  • Haywood Securities Inc. is acting as financial advisor and WeirFoulds LLP is acting as legal counsel to Fortune.
  • Fortune is a Canadian mining company focused on developing the NICO cobalt-gold-bismuth-copper Critical Minerals project in the NWT and Alberta.

Kootenay Silver Appoints New Vice President of Exploration

Retrieved on: 
Thursday, December 1, 2022

VANCOUVER, BC, Dec. 1, 2022 /PRNewswire/ - Kootenay Silver Inc. (TSXV: KTN) (the "Company" or "Kootenay") is excited to announce the appointment of Mr. Dale Brittliffe, P.Geo, to the position of VP Exploration.

Key Points: 
  • VANCOUVER, BC, Dec. 1, 2022 /PRNewswire/ - Kootenay Silver Inc. (TSXV: KTN) (the "Company" or "Kootenay") is excited to announce the appointment of Mr. Dale Brittliffe, P.Geo, to the position of VP Exploration.
  • Canada and has held key roles in junior exploration companies focussed on discovery and definition of gold and silver deposits in Western Canada and Mexico.
  • Jim McDonald, CEO & President, comments "We are very pleased to have Dale rejoin the Kootenay Silver team.
  • Supported by one of the largest junior portfolios of silver assets in Mexico, Kootenay continues to provide its shareholders with significant leverage to silver prices.

Denison Announces Completion of Wheeler River EIS Conformity Review and Commencement of Technical Review

Retrieved on: 
Tuesday, November 29, 2022

Denison isalsopleased to report that the federal technical review of the EIS, which is being completed under the provisions of the Canadian Environmental Assessment Act, 2012 ("CEAA 2012"), has now commenced.

Key Points: 
  • Denison isalsopleased to report that the federal technical review of the EIS, which is being completed under the provisions of the Canadian Environmental Assessment Act, 2012 ("CEAA 2012"), has now commenced.
  • The technical review process ensures the EIS (and supporting documents) containscomplete and sufficient information and that Denison's analysis of potential effects is performed correctly.
  • The regulatory review process is expected to involve further requests for information/clarification from Denison before the final EIS is accepted by the regulatory agencies.
  • Denison has an effective 95% ownership interest in Wheeler River (90% directly, and 5% indirectly through a 50% ownership in JCU).

Endeavour Increases Ity’s M&I Resources By 17% To 5.2Moz With Further Increases Expected in 2023

Retrieved on: 
Tuesday, November 29, 2022

Resources were constrained by MII Pit Shell and based on a cut-off grade of 0.5 g/t Au and $1,500/oz gold price.

Key Points: 
  • Resources were constrained by MII Pit Shell and based on a cut-off grade of 0.5 g/t Au and $1,500/oz gold price.
  • For details regarding the 31 December 2021 resources, please consult the press release dated [date] of Endeavour.
  • Endeavour accepts these Umpire assay results from ALS Ouaga and have confidence that the original assays provided by are accurate.
  • The resource estimation was completed by Kevin Harris, CPG, VP Resources for Endeavour Mining and "Qualified Person" as defined by National Instrument 43-101.

Li-FT to Acquire the Yellowknife Lithium Project, a Portfolio of 14 Significant Spodumene Pegmatites

Retrieved on: 
Wednesday, November 23, 2022

The Yellowknife Lithium Project is comprised of mineral leases that cover the majority of the lithium pegmatites that make up the Yellowknife Pegmatite Province ("YPP").

Key Points: 
  • The Yellowknife Lithium Project is comprised of mineral leases that cover the majority of the lithium pegmatites that make up the Yellowknife Pegmatite Province ("YPP").
  • Portfolio of lithium pegmatites which could produce the largest hard rock lithium resource in North America.
  • The Yellowknife Project contains 14 different lithium pegmatite systems, most of which are visible in satellite imagery.
  • Figure 1 - Locations of the 14 lithium pegmatites within the Yellowknife Project which is located to the east of the city of Yellowknife, capital of the Northwest Territories.

Verde is awarded easements for the 23Mtpy production scenario of its Pre-Feasibility Study

Retrieved on: 
Tuesday, November 22, 2022

This document contains "forward-looking information" within the meaning of Canadian securities legislation and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995.

Key Points: 
  • This document contains "forward-looking information" within the meaning of Canadian securities legislation and "forward-looking statements" within the meaning of the United States Private Securities Litigation Reform Act of 1995.
  • This information and these statements, referred to herein as "forward-looking statements" are made as of the date of this document.
  • Although management considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.
  • Verde cautions that the foregoing list of factors that may affect future results is not exhaustive.

Endeavour Makes Major Greenfield Discovery in Côte D’Ivoire With Maiden 1.1Moz Indicated and 1.9Moz Inferred Resource

Retrieved on: 
Monday, November 21, 2022

The Assafou deposit is hosted within Tarkwaian Sediments (sandstones) at or immediately in the vicinity of a major structural contact with mafic Birimian rocks.

Key Points: 
  • The Assafou deposit is hosted within Tarkwaian Sediments (sandstones) at or immediately in the vicinity of a major structural contact with mafic Birimian rocks.
  • This QA/QC program was audited by a consultant, independent from Endeavour Mining and has been verified to follow industry best practices.
  • The scientific and technical content of this news release has been reviewed, verified and compiled by Silvia Bottero, Professional Natural Scientist, VP Exploration Cte dIvoire for Endeavour Mining.
  • The resource estimation was completed by Kevin Harris, CPG, VP Resources for Endeavour Mining and "Qualified Person" as defined by National Instrument 43-101.

CANADA CARBON ANNOUNCES COMPLETION OF A NEW RESOURCE ESTIMATE FOR ITS MILLER PROJECT IN GRENVILLE-SUR-LA-ROUGE, QUEBEC

Retrieved on: 
Wednesday, November 16, 2022

The results are used as a guide to assist in the preparation of a Mineral Resource statement and to select an appropriate resource reporting cut-off grade.

Key Points: 
  • The results are used as a guide to assist in the preparation of a Mineral Resource statement and to select an appropriate resource reporting cut-off grade.
  • This estimate is the second Mineral Resource Estimate produced by Canada Carbon since the acquisition of the Miller property in September 2013.
  • All parameters are derived from economic assessment process associated with the Companys Miller Project PEA and adapted for use in developing the new Resource Estimate.
  • Any interpolated blocks of the resource model located outside of the optimised pit shell are not included in the Mineral Resources.

Rock Tech Lithium completes Pre-Feasibility Study for its Georgia Lake Project

Retrieved on: 
Wednesday, November 16, 2022

Rock Tech is a cleantech company on a mission to produce lithium hydroxide for EV batteries.

Key Points: 
  • Rock Tech is a cleantech company on a mission to produce lithium hydroxide for EV batteries.
  • The Company plans to build lithium converters at the door-step of its customers, to guarantee supply-chain transparency and just-in-time delivery.
  • To close the most pressing gap in the clean mobility story, Rock Tech has gathered one of the strongest teams in the industry.
  • Rock Tech plans to source raw material from its own mineral project in Canada as well as procuring it from other responsibly producing mines.

Elevation Gold Provides Update on Florence Hill Exploration Project

Retrieved on: 
Wednesday, November 16, 2022

VANCOUVER, BC, Nov. 15, 2022 /PRNewswire/ - Elevation Gold Mining Corporation (TSXV: ELVT) (OTCQX: EVGDF) (the "Company" or "Elevation Gold")is pleased to provide an update on its Florence Hill exploration project drilling program.

Key Points: 
  • VANCOUVER, BC, Nov. 15, 2022 /PRNewswire/ - Elevation Gold Mining Corporation (TSXV: ELVT) (OTCQX: EVGDF) (the "Company" or "Elevation Gold")is pleased to provide an update on its Florence Hill exploration project drilling program.
  • A block of patented claims, owned by the Company, is located approximately 500 meters to the west of the main Florence Hill exploration target.
  • The two drill holes completed to date as part of the Florence Hill Exploration Program, FH22-001 and HV22-001, were drilled into the main Florence Hill and Hardy Vein targets, respectively.
  • Elevation Gold is a publicly listed gold and silver producer, engaged in the acquisition, exploration, development and operation of mineral properties located in the United States.