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Tag Archives: Gold

Canarc Updates Preliminary Economics for the New Polaris Gold Mine Project

Canarc Resource Corp. (TSX: CCM, OTC-QB: CRCUF, Frankfurt: CAN) announces that an update of the gold price and exchange rate within the range of sensitivities in the 2019 preliminary economic assessment (“PEA”) of the high- grade New Polaris gold mine project in northwestern British Columbia significantly improves the anticipated economics of the project. 
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Renforth Commences Metallurgical Testing on New Alger Gold Project

May 14, 2020 - Renforth Resources Inc. (CSE – RFR) (OTC Pink – RFHRF) (WKN - A2H9TN) (“Renforth” or the “Company”) is pleased to announce that SGS Lakefield has been retained to determine the basic metallurgical response of a sample from New Alger’s Discovery Veins to standard processing for the recovery of contained gold and silver through tests which will include Head analysis, Mineralogy, Bond index test, Gravity separation and Cyanide leaching on gravity tailing.  The sample which has been submitted for analysis is approximately 30kg of reject material from channels cut by Renforth in the largest historic blast area on the Discovery Veins. 
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Ely Gold Royalties Announces Closing of the Purchase of Jerritt Canyon NSR

Vancouver, British Columbia, May 13, 2020 – Ely Gold Royalties Inc. (“Ely Gold” or the “Company”) (TSX-V:ELY, OTCQX: ELGYF, FRA: A2JSL0) is pleased to announce that it has completed the Purchase Agreement (the “Transaction”) of a 0.5% net smelter returns royalty on the Jerritt Canyon Mine (the “JC Royalty”), located in Elko Nevada announced February 4, 2020.
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Renforth Releases New Alger Gold Mineral Resource Estimate

Renforth Resources Inc. (CSE – RFR) (OTC Pink – RFHRF) (WKN - A2H9TN) (“Renforth” or the “Company”) is pleased to provide shareholders with a pit constrained gold Mineral Resource Estimate for Renforth’s wholly owned New Alger Property, located on the Cadillac Break, in Cadillac, Quebec, contiguous to the historic O’Brien Mine and the LaRonde Mine. This Mineral Resource Estimate has been calculated by P&E Mining Consultants Inc. of Brampton, Ontario, with an effective date of April 30th, 2020, using only assay data from between 2007 and the first hole (of four in that program) drilled by Renforth at New Alger earlier this year. Renforth has in its possession all the core from 2007 to date.
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