At the request of IIROC, Orford Mining Corp. wishes to confirm that the Company's management is unaware of any material change in the Company's operations that would account for the recent increase in market activity. Orford is a gold explorer focused on highly prospective and underexplored areas of Northern Quebec and is listed on the TSX Venture Exchange under the symbol ORM. Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this release. This news release may contain assumptions, estimates, and other forward-looking statements regarding future events. Such forward-looking statements involve inherent risks and uncertainties and are subject to factors, many of which are beyond the Company's control that m...

Montero Mining and Exploration Ltd. has signed a Binding Purchase and Sale Agreement to acquire a 100% interest in a private Chilean company which holds various mineral rights to exploration claims that make up the Isabella Gold Silver Project in Chile. Isabella’s exploration claims cover an area of 67km2. The Agreement is subject to corporate and legal process in Chile and regulatory approval. Dr. Tony Harwood, President and Chief Executive Officer of Montero commented, “Montero has secured the highly prospective Isabella Gold Silver Project in Chile where the Company can utilize its gold silver exploration, discovery and development expertise in a tier one mining jurisdiction. The Company is assessing previous exploration data with a view to carrying out a drill...

CMC Metals Ltd. - is pleased to announce substantial assay results from recent soil sampling in a new zone tested towards the southern end of the property that may represent an extension of the Main Zone at the Company's 100% owned Silver Hart Project in Yukon, Canada. Soil geochemical surveys were conducted immediately south of the Main Zone following up on historic VLF-EM conductors that were never completely sampled. Some work had been completed in the area during early exploration efforts in 1985-1987 but has not been examined using modern exploration techniques since that time. Key highlights from recent soil sampling in this area are as follows: - From a total of 114 samples, 38 were anomalous in silver with 5 samples in excess of 3,000 ppb ranging up to 13,587 ppb, 22 ...

MacDonald Mines Exploration Ltd. announces that it has closed its previously announced non-brokered private placement offering for total gross proceeds of $4,245,850 consisting of: 9,332,223 “charity flow-through” Units at a price of $0.135 each and 29,860,000 “flow-through” Units at a price of $0.10 each . Eventus Capital Corp. acted as a finder in connection with the Offering. Each Unit is comprised of one Common Share and one-half of one Common Share purchase warrant . Each Warrant shall be exercisable to acquire one Common Share at a price of $0.20 per Warrant Share for a period of 24 months from the closing of the Offering. If the closing price of the Common Shares is at a price equal to or greater than $0.35 for a period of 10 consecutive trading ...

Hemlo Explorers Inc. is pleased to announce that due to the high level of interest, it has increased the size of its non-brokered private placement to now raise aggregate gross proceeds of $3,500,000 through the sale of 5,000,000 units at a price of $0.70 per Unit. Each Unit shall be comprised of one common share and one-half of one common share purchase warrant . Each Warrant shall entitle the holder thereof to acquire one common share at a price of $1.20 until the date that is eighteen months following the closing date of the Offering, but subject to accelerated expiry terms if the Company’s shares trade at or above $2.50 per share for 20 consecutive days. The proceeds of the Offering will be used for the exploration and advancement of the Company’s Hemlo area p...

Mariner Resources Corp. is pleased to announce the appointment of David Gower, David Patterson, Andrew Lee Smith and David Shaw to its Advisory Board. These four individuals have a depth of experience with exploration in Newfoundland and Labrador, mesothermal and epithermal gold systems, corporate development and building teams that build mines. CEO John Williamson comments, "Mariner is very pleased to have been able to assemble such a skilled and connected group of individuals to advise the Company as it works to build on its Newfoundland projects in the exciting Exploits Subzone Camp. The Company believes that their input will be an important steppingstone in advancing our gold projects." David Gower David Gower has been involved in the mineral industry for over 30 years, i...

Amarillo Gold Corp. has filed an amended and restated technical report called Amended and Restated NI 43-101 Technical Report Definitive Feasibility Study Posse Gold Project, Brazil. It is dated August 3, 2020 and has been filed on SEDAR under the Company’s issuer profile. This filing has been made at the request of Ontario Securities Commission staff in connection with a review that was done in connection with the filing of a short form prospectus by the Company. The amended technical report amends and restates the Company’s NI 43-101 Technical Report Definitive Feasibility Study Posse Gold Project, Brazil dated June 15, 2020 solely to: delete certain appendices that the OSC deemed superfluous clarify that the stated mineral resource estimate includes the stated ...

Carube Copper Corp. announces that, subject to TSX Venture Exchange approval, it intends to raise an aggregate of $2,200,000 by way of a non-brokered private placement of up to 40,000,000 common shares of the Company at a price of $0.055 per share . The proceeds of the Offering will be used for exploration at the Jasperoide project in Peru and general working capital purposes. The actual allocation of net proceeds may vary depending on future operations or unforeseen events or opportunities. The closing of the Offering is expected to occur on or before August 13, 2020 or such other date as the Company may determine . It is anticipated that a number of insiders including directors will be subscribing for a portion of the Offering. Certain eligible persons may receive a cash co...

Frontier Lithium Inc. announces the closing of a non-brokered private placement offering for a total of 10,077,000 units of the Company priced at $0.20 per Unit, for total gross proceeds of $2,015,400. Each Unit consists of one Common Share of the Company and one-half share purchase warrant , for total of 5,038,500 warrants priced at $0.27 for a period of 24 months following the closing date of the issuance. The private placement was oversubscribed from the initial offering by $765,400, issuing an additional 3,827,000 common shares of the Company. In connection with the CDN $2,015,400 Offering, the Company issued finder's fees of CDN $84,624.00 and 423,120 finder warrants. Each finder warrant will be exercisable at a price of $0.27 into one common share for a period of twenty-...

Pasofino Gold Ltd. is pleased to announce the delivery of updated Mineral Resource estimates for the Tuzon deposit and the Dugbe F deposit located on the Dugbe Gold Project in Liberia. The project is owned by Hummingbird Resources Limited . Pasofino, through its recently announced proposed acquisition of ARX Resources Limited , will upon completion of such acquisition, have an option to earn a 49% economic interest in the Project. The updated Mineral Resource estimates are a key step for the Company towards the target of delivering a multi-million ounce gold producing operation. HIGHLIGHTS Total Indicated Mineral Resource has increased by 13% to 2.3 million ounces , hosted by the Tuzon and Dugbe F deposits, with an average grade of 1.51 g/t Au; and an increase in grade of the...

Arizona Metals Corp. is pleased to announce that all four recently completed holes at its Kay Mine project in Yavapai County, Arizona, intersected massive sulphide mineralization, including 15.2 m of 6.7% CuEq in hole KM-20-13 and 6.8 m of 7.3 g/t AuEq in hole KM-20-10C. This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20200805005683/en/ Figure 1. Section view looking North. Drill hole KM-20-13 in the South Zone intersected 43.1 m of 3.9% CuEq, including 15.2 m of 6.7% CuEq interpreted as a potential fold hinge, and hole KM-20-10C intersected 6.8 m of 7.3 g/t AuEq, including 4.3 m of 10.1 g/t AuEq. The yellow dotted line marks a potential new zone of Au-rich Zn lenses. See Table 3 for constituent elements and grades of...

Fjordland Exploration Inc. Richard Atkinson P.Eng., Chairman, takes pleasure in announcing that effective August 1, 2020 James R. Tuer has assumed the role of President, Chief Executive Officer and Director of the Company. Mr. Tuer is a double graduate of Queens University with a Bachelor of Science with Honours, Mechanical Engineering and a Master of Business Administration. Jamie started his career in finance at Toronto Dominion Securities Inc as a Managing Director involved in Syndication, Underwriting and Corporate Finance. After being exposed to the mineral exploration industry in various capacities, Jamie was the founding principal of Hudson Resources Inc., a Canadian based mining and technology company focused on opportunities in Greenland. During Jamie's 19-year tenur...

SouthGobi Resources Ltd. wishes to inform the shareholders of the Company and potential investors that, based on the Company's preliminary assessment of the operational data and the information currently available, the Company expects to record a net loss in the range of USD 16 million to USD 21 million for the first half of 2020, as compared with a net profit of USD 4.2 million for the first half of 2019. The decrease in net profit is mainly due to the decrease of sales volume from 1.94 million tonnes in the first half of 2019 to 0.68 million tonne in the first half of 2020 as a result of the measures to control the spread of COVID-19 pandemic imposed by the governments in China and in Mongolia, including the Mongolian-Chinese border closure during February to March 2020 and...