Impact: Positive Brixton reported additional high-grade cobalt intercepts (Figure 1) from drilling at the company’s Langis project in Ontario’s Cobalt Camp.
Impact: Positive Infill and expansion drilling results from De Grey’s Mt Berghaus gold deposit which hosts a 140,800 oz Au resource (3.52Mt @ 1.2 g/t Au) within the Pilbara Gold Project, returned high-grade shallow intersections highlighted by 5.2 g/t over 8m including 13.2 g/t Au over 3m (BGRC196), 5.3 g/t Au over 15m including 19.2 g/t Au over 3m (BGRC197) and 7.3 g/t Au over 12m including 35.5 g/t Au over 2m (BGRC206).
Impact: Positive Pacton announced the acquisition of the Friendly Creek exploration license (1) and mining leases (5) totalling 31.36km2, adjacent to land held by Novo Resources’ and Kairos Minerals (Figure 1).
Impact: Positive Additional drill results highlight the exploration potential of the Wawa Gold Project, supported by further expansion of the Minto Mine South Zone.
Bonterra Resource Ltd. (TSXV:BTR) – JV on Duke Claims Extends Strike Potential of Gladiator Plus Has Longer Term Benefits
Impact: Positive Bonterra has announced that it has entered into a letter of intent to acquire 70% of Beaufield’s Duke property, which represents a strategic land acquisition and enhances the exploration upside at the company’s flagship Gladiator deposit.
Impact: Positive SolGold has provided an exploration update at its La Hueca, Timbara and Porvenir Project concessions covering 60km of strike along Ecuador’s Southern Jurassic porphyry corridor.
Impact: Mildly Positive De Grey Mining announced that DGO Gold Ltd (ASX:DGO) is investing A$5M at A$0.20 per share (25M shares). With each two shares purchased DGO is also receiving an option at A$0.25/share expiring November 2019 (12.5M options) and an option at A$0.30 expiring May 2021(12.5M options). DGO’s shares are subject to a voluntary 12-month hold.
Impact: Positive Mawson continues to have drill success at Rajapalot, we expect continued newsflow as the company reassays for cobalt mineralization and advances drilling in new areas.
Impact: Positive Initial mapping at NxGold’s Mt. Roe project has highlighted its exploration potential and therefore given the recent success at the Pilbara assets, the company has decided to withdraw from Chicobi to focus on the Mt. Roe project in addition to its Kuulu project in Nunavut.
Impact: Positive Pacton has become the 3rd largest land holder in Australia’s Pilbara region after acquiring 100% of the shares in Drummond East Pty Ltd, wholly owned subsidiary of Impact Minerals Ltd. (ASX:IPT), for the company’s seven granted tenement licenses covering 1,126 sq. km (Figure 1).