SilverCrest Metals Inc. (TSXV: SIL.V; NYSE: SILV) is a Canadian precious metals exploration company headquartered in Vancouver, BC , that is focused on new discoveries, value-added acquisitions and targeting production in Mexico's historic precious metal districts. The Company is led by a proven management team in all aspects of the precious metal mining sector, including the pioneering of a responsible "phased approach" business model taking projects from discovery, finance, on time and on budget construction, and production with subsequent increased value to shareholders.
Why the Next Market Crash Will Not Take Gold Down
Two Canadian Mining Companies Resolve Royalty Dispute
More 'Impressive' Gold Assays Come from Miner's Quebec Project
Sunsets in the Land of U.S. Dollar Hegemony
Cypress Development Announces Strong PEA Economics and Increased Resource at Clayton Valley Lithium Project
#Miningstocks: CanAlaska Nickel (TSXV: CVV) (OTCQB: CVVUF) Projects to be Funded by Canada Metals
#Miningstocks: Bell Copper (TSXV: BCU) Begins Core Drilling
#Mining Stock News: #SilverCrest (TSXV: $SIL.V; NYSE: $SILV) Expands Las Chispas Inferred Resource 4.3 Million Tonnes at 3.68 gpt Au and 347 gpt Ag, or 623 gpt AgEq for 87 Million Oz AgEq; Includes 1.6 Million Tonnes at 1,091 gpt AgEq for 56 Million Oz AgEq
#Miningstocks: Strategic Equity Investment of C$723 million in Ivanhoe Mines (TSX: IVN) (OTCQX: IVPAF) by China-based CITIC Metal has been Completed
#Miningstocks: American Creek (TSXV: AMK) Samples High Grade Gold up to 61.2 g/t from Dunwell Mine Property in BC's Golden Triangle
Published 21 September 2018
Copperstone Resources AB (“Copperstone” or “the Company”) is pleased to announce significant copper assay results from drillhole COS18364 in the Granliden Hill area.
103m of semi-continuous chalcopyrite mineralisation intercepted from 315-418m returning 0.42% Cu and 3.24g/t Ag and containing an 11m zone from 343-354m returning 2.62% Cu, 17.5g/t Ag and 0.2g/t Au.
Drill hole COS18364
COS18364 was collared east of Granliden Hill approximately 200m north of COS18360 and was drilled due west at -60 degrees dip to a length of 663.80m. From 35.9m the drill hole intercepted a thick package of mafic amygdaloidal lava overlying banded siltstone / arenite (with pyrrhotite) and underlying quartz porphyritic rhyolite. Within the lower part of the drillhole there are also intercalated zones of micro-diorite, minor hydrothermal breccia and younger post-mineral intermediate dykes. Mineralisation consists exclusively of chalcopyrite with subordinate pyrrhotite, pyrite, arsenopyrite and minor bornite. Mineralisation styles are either irregular stockwork-like veining over continuous zones, or discreet narrow veins. A single thick intercept of continuous chalcopyrite was intercepted from 347-348.15m (1.15m) and returned 16.15% Cu, >100g/t Ag and 0.58g/t Au. This intercept is contained in a high grade zone from 343-354m (11m) grading 2.62% Cu, 17.46g/t Ag and 0.2g/t Au. In some places veins are associated with micro-brecciation textures, associated with quartz and in general with little to no visual wall-rock alteration effect.
Note that all lengths quoted above are drilled intercept lengths only and the true width of mineralisation is not known. Composite grades are weighted averages with no capping applied. Choice of composite zone is based purely on the visual recognition of mineralisation pattern.
Ongoing laboratory testing
At the moment laboratory testing is still ongoing for drill holes COS18360, COS18362 and COS18363. A further 11 drill holes from the NANR campaign (2004-2007) and the earlier Copperstone campaign 2015 have also been sampled. The main objective of the latter is to close the gaps within the sample string so that composite grades can be determined.
Chalcopyrite mineralisation found in COS18364 is similar in style and patterns to that found in all drill holes from the Granliden Hill area. In many drill holes, the style of mineralisation is composed of thicker high grade (>1% Cu) veins, surrounded by areas of narrower veinlets forming broader zones of low grade (<1% Cu) mineralisation. In some instances high grade veins are more isolated, or intercepts of lower grade envelopes do not intercept any high grade veins. This pattern is repeatable and gives an insight into the macro patterns along the length of the mineralised zone. At this stage the true widths and lengths of individual zones and veins are not known but it is clear that these features are widely distributed across the Granliden Hill area with an estimated trend ranging from north-south to northeast-southwest.
Chalcopyrite mineralisation does appear to cross-cut the host geology package and suggests strong structural control. In the 2018 campaign three drill holes have also found a felsic granitoid rock (stock) that also appears to have a north-east trend. This southern igneous body could potentially be syn-mineral and possibly causative to the mineralisation. The bias of individual intercepts and widths of uncapped weighted average composited grade are largely dependent on the drillhole azimuth and dip relative to the overall trend of the mineralised zone.
Core Assays and Quality Assurance / Quality Control
All drill core boxes were delivered by the Drill Contractor to the secure Copperstone Site Office 1km from the drill site. Before transport to Malå, preliminary inspection and logging is carried out by Copperstone personnel. Core is then logged in detail at the Copperstone Facility in Malå before zones for sampling are selected. Once sample zones are identified and ticketed core boxes are then collected for laboratory analysis.
Sample preparation including half-core sawing, crushing, splitting and pulverizing has been carried out at ALS Minerals Laboratories, an accredited laboratory based in Malå. Prepared 50g aliquot pulps are then couriered to their Analytical Laboratory in Ireland. Sample analysis is then 4-acid digestion followed by ICP finish (ME-MS61) for 49 elements, including Ag, Cu and Zn. All samples with greater than 10,000ppm (1%) Cu and / or Zn are re-run with 4-acid digestion and then ICP-AES finish (Cu-OG62 and Zn-OG62) with results reported in percentage. Gold values are determined with a 30g fire assay fusion with AAS finish (Au-AA23).
In total 73 samples each with a drill length of 2.0m were submitted for assay from COS18364. This represents approximately 23% of the NQ core in this drillhole. The certificated copper-gold standard reference samples used are OREAS 501C and OREAS 502C, as well as blanks and duplicate samples inserted at regular intervals in the sampling sequence in order to maintain Quality Control (accuracy and precision). A total of 12 qaqc samples (4 blanks, 4 standards and 4 duplicates) were submitted at a 1:20 frequency. All qaqc results reported by ALS are within acceptable limits for the two batches submitted for COS18364.
“This is our best intercept since we began exploration in the Granliden area. In fact this drillhole is top in both the single assay result and cumulative length of copper mineralisation categories, and that is very exciting. Again we have found another significant long intercept of copper mineralisation, and this has strengthened the potential for extending the area of known mineralisation significantly beyond the historical limits of Granliden Hill. It’s now obvious that the system is large and spread out across at least 1.0km north-south up to a few old holes north of Granliden Hill. We can’t say anything now about the possibility for an economic outcome but I’m very excited about the possibilities. Nowhere else in Sweden is there such a possibility I believe. Now that drilling is complete we are working on the modelling of this data and building a picture of the potential mineral resources. This work is changing the future of this company” comments Chris McKnight CEO of Copperstone.
For further information, please contact Chris McKnight (CEO) at +46(0)580-88890, or email@example.com or refer to Copperstone webpage: www.copperstone.se.
This press release contains insider information which Copperstone Resources AB (publ) is obliged to publish according to the EU market abuse regulation (MAR). The information was delivered by the above mentioned contact for publishing 21st September 2018 at 0830 CET.
Copperstone Resources AB is a public company trading as COPP B on NASDAQ First North (Stockholm). The Certified Adviser is Augment Partners AB. The Company is focused on base and precious metal exploration in the vicinity of the internationally-recognized mining region of the Skellefte-field in northern Sweden. The Copperstone project is situated on four contiguous exploration permits in Norrbotten County (Sandberget 100 (8074ha), Sandberget 200 (19ha), Sandberget 300 (19ha) and Svartliden 1001 (444ha). In addition the Company owns one exploitation concession within the same area, namely Svartliden K no. 1 (36ha) and an approved application for Eva k no. 1 (34ha) subject to an objection. The Company also owns the Tvistbogruvan K no. 1 (11ha) exploitation concession and the Såggården No.1 (199ha) exploration permit in the Bergslagen mining region of central Sweden. Quoted surface areas are approximate to the nearest hectare. All exploration permits and exploitation concessions are 100% owned, either directly or through a subsidiary.
All information in this press release has been reviewed and approved for publication by the appointed independent Qualified Person Mr Thomas Lindholm (M.Sc. Mining Engineering) of Geovista AB. Mr Lindholm is a registered Member of the Fennoscandian Review Board and has in excess of 35 years' experience in mineral exploration in Sweden and abroad and is a Qualified Person under the Nasdaq First North Stockholm rules. Mr Lindholm consents to the inclusion of the information in the form and context in which it appears.
News releases, presentations and public commentary made by the Company, and its Officers, may contain certain statements and expressions of belief, expectation or opinion which are forward-looking statements, and which relate, inter alia, to interpretations of exploration results to date and the Company's proposed strategy, plans and objectives or to the expectations or intentions of the Company's Directors. Such forward-looking and interpretative statements involve known and unknown risks, uncertainties and other important factors beyond the control of the Company that could cause the actual performance or achievements of the Company to be materially different from such interpretations and forward-looking statements. Accordingly, the reader should not rely on any interpretations or forward-looking statements; and save as required by the exchange rules of NASDAQ First North (Stockholm) for listed companies or by applicable laws, the Company does not accept any obligation to disseminate any updates or revisions to such interpretations or forward-looking statements. The Company may re-interpret results to date as the status of its assets and projects changes with time expenditure, metals prices and other affecting circumstances.
VANCOUVER, B.C., Sept. 20, 2018 (GLOBE NEWSWIRE) -- via NEWMEDIAWIRE -- Canadian strategic metals company Chimata Gold Corp. (CSE – CAT) (“Chimata” or the “Company”) announces completion of a maiden Mineral Resource Statement for the Kamativi Tailings Lithium Project (the “Kamativi Project”):
On behalf of Chimata in association with its local Zimbabwean partner Jimbata (Pvt) ltd (“Jimbata”), The MSA Group (Pty) Ltd (“MSA”) has completed a Mineral Resource Statement for the Kamativi Project. The Kamativi Project is located outside Kamativi Village in the Matabeleland North Province of Zimbabwe, approximately 185 kilometres east-southeast of Victoria Falls and approximately 310 km northwest of Bulawayo. The Kamativi Project is associated with the historical Kamativi Tin Mine, which ceased operation in 1994.
The Kamativi tailings storage facility is a man-made deposit that was created from tailings produced from processing of tin mineralisation at the Kamativi Tin Mine. The Kamativi tailings were deposited over the period 1936 to 1994 and are derived from the mining and processing of the tin-bearing (spodumene-bearing lithium-caesium-tantalum (“LCT”) pegmatites. At Kamativi, spodumene is the predominant lithium mineral present, with minor amounts of cookeite, zinnwaldite, petalite and amblygonite.
The Mineral Resource Statement was based on geochemical analyses and density measurements, attained from drilling and pitting respectively, undertaken by Jimbata between March 2018 and June 2018. A total of 115 vertical holes were drilled at Kamativi at a nominal 100 m grid spacing. Initially, drilling was by coring, and later an auger method was employed. Blank samples, certified reference materials and duplicates were included with the drill hole samples. As an additional check, 6% of the drill hole samples assayed by the primary laboratory were re-assayed by a second laboratory. The QP is satisfied that the assays are of sufficient quality for use in Mineral Resource estimation.
To View The Entire News Release, Please Follow The Link Below;
ON BEHALF OF THE BOARD
Chairman and Interim President and CEO
We seek safe harbor
VANCOUVER, British Columbia, Sept. 20, 2018 (GLOBE NEWSWIRE) -- Pacton Gold Inc. (TSXV: PAC, OTC: PACXF) (the “Company” or “Pacton”) is pleased to announce that the TSX Venture Exchange has accepted for filing a share purchase agreement dated August 20, 2018, between Pacton and Arrow Minerals Ltd. (“Arrow”), whereby Pacton will acquire the remaining 49% interest in Arrow (Pilbara) Pty Ltd. Consideration is $1 million cash and two million common shares.
Pacton’s news releases dated April 5 and August 22, 2018, describe the terms of the acquisition and provide a descriptive overview of the Arrow property assets. The August 22, 2018, news releases summarizes the highlights of the approved 100% acquisition of Arrow (Pilbara) Pty Ltd., including:
About Pacton Gold
Pacton Gold (TSXV: PAC, OTC: PACXF) is a well-financed Canadian junior with key strategic partners focused on the exploration and development of conglomerate-hosted gold properties located in the district-scale Pilbara gold rush in Western Australia. The Company recently raised approximately $5.5 million, currently controls the third largest conglomerate-hosted gold property portfolio totaling in excess of 2,500 km2, and continues to aggressively review additional accretive acquisitions.
On Behalf of the Board of Pacton Gold Inc.
For more information, please contact 1-(855)-584-0258 or firstname.lastname@example.org.
This news release may contain or refer to forward-looking information based on current expectations, including, but not limited to the Company achieving success in exploring its properties and the impact on the Company of these events, including the effect on its share price. Forward-looking information is subject to significant risks and uncertainties, as actual results may differ materially from forecasted results. Forward-looking information is provided as of the date hereof and we assume no responsibility to update or revise such information to reflect new events or circumstances. References to other issuers with nearby projects is for information purposes only and there are no assurances the Company will achieve similar results.
Neither TSX Venture Exchange, the Toronto Stock Exchange nor their Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
RENO, Nev., Sept. 20, 2018 (GLOBE NEWSWIRE) -- Itronics Inc. (OTC:ITRO), a diversified producer of GOLD’n GRO zinc fertilizers and silver products and a green “Zero Waste” technology development Company, is pleased to announce that Dr. John Whitney, its founder and Chairman, participated as a speaker Wednesday at the prestigious resource recovery and waste management conference sponsored by the Envirobiz Group (www.envirobiz.com) at the Marriott Coronado Island, San Diego.
The conference annually works to stimulate creative thinking on strategies for waste management and resource recovery, facilitates the exchange of information between key executives in these sectors and allows executives to renew or establish new business relationships.
Dr. Whitney was a speaker on the “Specialty Recycling, Treatment & Disposal Companies Panel” at the conference. He told conference participants about Itronics’ “Zero Waste” technologies and reported on Itronics' development successes over the past year. Included was a short summary of non-photo chemical processes that are being developed with an emphasis on the Company’s breakthrough E-Scrap Refining Technology that completely recovers the energy and metals contained in the e-scrap (discarded computer circuit boards) while producing “green energy” for a refining power cost savings of 50 percent.
Dr. Whitney also told the group that Itronics laboratory testing over the past 12 months has successfully demonstrated that its KAM-Thio liquid is able to neutralize residual cyanide in leached silver/gold mine tailings and to recover some of the residual silver and gold left in the tailings. It also recovers other metals including zinc left in the tailings by the cyanide leaching process. The successful test results indicate that Itronics may be on the threshold of developing another revolutionary breakthrough technology, this time for the silver/gold mining industry.
Conference participants told Dr. Whitney that there may also be some significant applications for the KAM-Thio technology in other industries. Itronics plans to investigate these possibilities as it moves the KAM-Thio development forward.
“This was a wonderful opportunity for Itronics to meet top executives from all different types of commercial resource recovery and hazardous waste management service companies. Itronics has now pioneered the development of two green 'Zero Waste' recycling technologies,” said Dr. Whitney. “Itronics is now pioneering and has developed proof of concept at a laboratory scale for its third 'Zero Waste' technology, the breakthrough KAM-Thio cyanide neutralization and metal recovery technology. These achievements are generating significant hazardous waste management industry interest.”
Through its subsidiary, Itronics Metallurgical, Inc., Itronics is the only company with a fully permitted “Beneficial Use Photochemical, Silver, and Water Recycling” plant in the United States that converts 100 percent of the spent photoliquids into GOLD’n GRO liquid fertilizers, silver bullion, and silver bearing glass. This is internationally recognized award winning “Zero Waste” Technology. The Company is developing a portfolio of environmentally beneficial “Zero waste” processing and mining technologies. Itronics has received numerous domestic and international awards that recognize its ability to successfully use chemical science and engineering to create and implement new environmentally green recycling and fertilizer technologies.
The Company's environmentally friendly award winning GOLD'n GRO liquid fertilizers, which are extensively used in agriculture, can be used for lawns and houseplants, and are available at the Company's "e-store" on Amazon.Com. Due to expanded retail customer interest, GOLD'n GRO fertilizer may now be purchased in Reno, Nevada at the "Buy Nevada First Gift Shop" at 4001 S. Virginia St.
VISIT OUR WEB SITE: http://www.itronics.com
("Safe Harbor" Statement under the Private Securities Litigation Reform Act of 1995: This press release contains or may contain forward-looking statements such as statements regarding the Company's growth and profitability, growth strategy, liquidity and access to public markets, operating expense reduction, and trends in the industry in which the Company operates. The forward-looking statements contained in this press release are also subject to other risks and uncertainties, including those more fully described in the Company's filings with the Securities and Exchange Commission. The Company assumes no obligation to update these forward-looking statements to reflect actual results, changes in risks, uncertainties or assumptions underlying or affecting such statements, or for prospective events that may have a retroactive effect.)
VANCOUVER, British Columbia, Sept. 20, 2018 (GLOBE NEWSWIRE) -- Dajin Resources Corp. (“Dajin”) (TSX-V: DJI) (OTC: DJIFF) (Germany: C2U1) is pleased to report that the Phase two near-surface exploration program on the San José – Navidad minas located on the Salinas Grandes salar in the province of Jujuy, Argentina, has been completed. This Phase consisted of drilling and sampling seven holes. The Lithium brine samples taken have been forwarded to Alex Stewart Argentina (ASA) laboratories in Jujuy, Argentina. In addition to the brine samples, seven core samples for relative brine release measurements were taken and have been sent to Daniel B Stephens & Associates laboratories in Albuquerque, New Mexico, USA. The highly prospective San José – Navidad minas are part of a 93,000 hectares (230,000 acres) land package controlled by Dajin and being explored by LSC Lithium Corporation (“LSC”). To fulfill the terms of an earn-in agreement (51%) LSC must complete CDN$2,000,000 in exploration expenditures. LSC is the operator of the project.
Dajin’s Phase one surface exploration program consisted of 25 shallow brine auger samples covering an area of 550 hectares (5.5 km2) in the northwestern corner of the 4,300 hectare (43 km2) San Jose/Navidad mina. Brine concentrations ranged from 281 mg/l to 1,353 mg/l, averaging 591 mg/l Lithium. Click here to see Geochemical Map
Dajin Resources S.A. and LSC Lithium Corporation control most of the Salinas Grandes salar.
The San José – Navidad minas have not been explored previously for Lithium bearing brines, but results from earlier exploration programs in adjacent parts of the salar reported Lithium brine sampling from 1 meter-deep pits. The seven closest pit samples, taken between 0 to 200 meters from both the north and west sides of the mina yielded Lithium concentrations that ranged from 279 mg/l to 987 mg/l, averaging 551 mg/l. Pit samples taken within 1 km of the property boundary assayed up to 1,122 mg/l Lithium. The highest reported assay value in Salinas Grandes salar exceeded 3,000 mg/l Lithium.
Exploration Methodology Used
The seven sample points were pre-planned on a 1,000m grid, located in the field with a hand-held GPS unit. At each sample site a Vibracore drill machine was used to extract HQ diameter cores to an average depth of 7.8 m. Thereafter, a bailer was used to extract brines from the lithological units. The bailed brine was then decanted into three sterilized plastic litre size bottles and sealed without any air being trapped in the bottle. Thereafter, the samples were delivered to the laboratory for analyses.
Sampling and QA/QC
Brine sampling involved collection of brines from the drill holes by a bailer and decanted into an approximately 13.5 litre bucket, which was flushed with fresh brine several times prior to collection of the sample. Brine was poured into 1-litre sample bottles which had been previously flushed with fresh brine from the bucket several times. Sample bottles were filled to the top to eliminate the inclusion of air and sealed with a leak-proof lid. Samples were labelled and labels covered with clear tape to prevent erasure of sample information. All samples remained in the possession of the site geologist until delivery to Alex Stewart Laboratory (ASA) in Jujuy, Argentina.
The technical information in this press release has been prepared in accordance with the Canadian regulatory requirements of National Instrument 43-101 and has been reviewed and approved on behalf of Dajin Resources Corp. by Dajin Directors, Dr. Catherine Hickson, P. Geo and Dr. Mark Coolbaugh, CPG, the Qualified Persons.
About Dajin: (www.dajin.ca)
Dajin, is an early stage Lithium exploration company. Through its interest in Dajin Resources S.A. (“Dajin S.A.”), it holds concessions or concession applications in Jujuy Province, Argentina that were acquired in regions known to contain brines with Lithium, Potassium, and Boron values. These concessions exceed 93,000 hectares (230,000 acres) and are primarily located in the Salinas Grandes and Guayatayoc salt lake basins. Dajin S.A. is partnered with LSC Lithium Corporation who has agreed to spend $2,000,000 to earn a 51% interest in Dajin S.A.’s Lithium properties while building a significant presence in Argentina.
Dajin also holds a 100% interest in 403 placer claims covering 7,914 acres (3,202 hectares) in the Teels Marsh valley of Mineral County, Nevada. These claims are known to contain Lithium and Boron values and are adjacent to the birth place of US Borax Corp’s first borax mine. Dajin also holds a 100% interest in placer claims in the Alkali Lake valley of Esmeralda County, Nevada, located 7 miles (11 kilometers) northeast of Albemarle’s Silver Peak Lithium brine operation in Clayton Valley.
ON BEHALF OF DAJIN’S BOARD OF DIRECTORS
Brian Findlay For further information please contact Dajin:
The TSX Venture Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Investorideas.com talks metals and mining with David Stein of Aerecura
Aerecura Capital Corp Discusses the Mining Sector and Alternative Financing Options for Juniors
"2016 was an oasis year in what has been a long desert for financing junior miners" - David Stein, MSc., CFA
37 Capital Inc. (CSE:JJJ) - Formerly High 5 Ventures Inc. - s a mineral exploration company. The Company is engaged primarily in the identification, acquisition, exploration and, if warranted, the development of natural resource properties.
49 North Resources Inc. (TSX:FNR.V) is a Saskatchewan focused resource investment company with strategic operations in financial, managerial and geological advisory services and merchant banking. Our diversified portfolio of assets includes direct project involvement in the resource sector, as well as investments in shares and other securities of junior and intermediate mineral and oil and gas exploration companies.
A-Cap Resources (ASX:ACB.AX) is a resources company operating in the investment friendly and low sovereign risk country of Botswana in Southern Africa, where it holds over 12,000km2 of licenses. The company is well funded with strong support from major shareholders, and is focused on advancing its significant uranium prospect
Abacus Mining & Exploration (TSX:AME.V) is a mineral exploration and mine development company with a 20% interest in the Ajax Project located at the historic Ajax-Afton site southwest of Kamloops, B.C. The Ajax Project is a proposed copper-gold open-pit mine currently in the submission stage of a provincial and federal environmental assessment process. Through KGHM Ajax Mining Inc., a joint venture company between Abacus (20%) and KGHM Polska Miedz S.A. (KGHM) (80%), the mine is being funded in large part by KGHM and operated by its wholly-owned subsidiary, KGHM International Ltd.
Abcourt Mines (TSX:ABI.V; OTC:ABMBF) is an exploration and development company with strategically located properties in northwestern Quebec, Canada. The Elder property has gold resources, the Abcourt-Barvue Project has silver-zinc ore reserves and resources and the Aldermac property has historical copper-zinc resources. The reported reserves and resources are considered as current mineral reserves and resources. Abcourt is now focused on the Elder and Abcourt-Barvue projects with Elder as the first priority. Reserves and resources are current.
Aberdeen International (TSX:AAB.TO; OTC:AABVF) is a private equity investor and advisor focusing on the global mining and natural resources industry. African Thunder Platinum, Aberdeen's premiere investment, is a lower-cost platinum group metals producer in South Africa's well known Bushveld Complex. Aberdeen will further enhance its mineral investment holdings with the acquisition of the lucrative Diablillos lithium project in Argentina.
Abitex Resources Inc. (TSX:ABE.V) is a Val-d'Or, Quebec, based exploration company focused on acquiring and advancing mineral properties in Quebec. ABE is focused on Uranium-Gold in Quebec's Otish Mountains but also has other assets such as the Jolin gold property near Val-d'Or and the St-Stephen Ni-Cu property in new Brunswick which both host historical resources.
ABM Resources Ltd (ASX:ABU.AX) is developing several gold discoveries in the Central Desert region of the Northern Territory of Australia. The Company has a multi-tiered approach to exploration and development with a combination of high-grade production scenarios such as the Old Pirate High-Grade Gold Project, large scale discoveries such as Buccaneer, and regional exploration discoveries such as the Hyperion Gold Project. In addition, ABM is committed to regional exploration programs throughout its extensive holdings including the alliance with Independence Group NL at the regional Lake Mackay Project.
Adamera Minerals Corp. (TSX:ADZ.V) is exploring for high-grade gold deposits within hauling distance of the operating Kettle River Mill in Northeastern Washington State. The company's strategy is to fast-track the discovery to production process by exploring close to a mill in need of ore. Adamera is exploring several projects with a goal to become the dominant mining/exploration company in the area through discovery.