Impact: Mildly Negative Maritime Resources has received 52% shareholder consent to approve the company’s C$1.5M proposed private placement.
Impact: Neutral SolGold has provided an update on the drilling programs at the Alpala and Aguinaga deposits at the Cascabel Cu-Au project in Ecuador.
Novo Resources Corp. (TSXV:NVO) -Work-to-Date Suggests Upper Conglomerate is Continuous over ~2.5km of Strike
Impact: Positive Novo Resources continued drilling and fieldwork has identified the Upper Conglomerate over 2.5km, which supports our view that a large gold deposit is possible at Purdy’s Reward and Comet Well. Key highlights from this release include:
Impact: Positive NxGold has completed its first trenches at the Mt. Roe project in the Pilbara of Western Australia with the objective of evaluating the target conglomerate horizon. The company has also completed first pass exploration at its Prinsep project, ~12km north of Mt. Roe.
Impact: Positive Adventus Zinc has announced a financing which brings a fourth strategic investor into the company. The company is raising $9.2 million at a price of $0.90/sh. Additionally, an affiliate of Wheaton will pay Adventus $800,000 in cash for the right of first refusal on any new precious metals royalties or streams from the Curipamba and Alliance projects and right of first offer on any future properties in Ecuador acquired by Adventus
Impact: Mildly Positive Mawson Resources has announced the results of 10 holes drilled during the winter drill program at its 100% owned Rajapalot Au-Co project in Northern Finland.
Impact: Positive Tinka Resources has announced assay results for seven new drill holes at their Ayawilca project, as a part of their ongoing resource step out program.
Impact: Positive Ascot Resources has released results from the first 25 drillholes in the Big Missouri ridge area, the second target area at the Premier-Dilworth property near Stewart, British Columbia.
Impact: Mildly Positive Moneta Porcupine announced the results from 7 diamond drill holes completed at on the South West Deposit at the Golden Highway Project near Timmins.
Impact: Positive Brixton Metals has announced that they intend to spin-out its cobalt assets in the Cobalt Camp of Ontario in order to create a cobalt focused standalone company for its shareholders.