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Interview with Heye Daun, CEO, Co-Founder and Director of Osino Resources: Discovering Namibia’s Next Significant Gold Deposit in the Namibian Pan-African Gold Belt
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Osino Resources Corp. is a soon-to-be public Canadian company, developing large and prospective gold concessions, in the emerging Namibian Pan-African gold belt, with the vision of finding Namibia’s next significant gold deposit. Osino expects to start trading on the TSX-V by around 28 June, under the symbol OSI. Osino holds a prospective, 5,700km2 portfolio including the Goldkuppe discovery and a growing pipeline of targets. We learned from Heye Daun, CEO, co-founder and Director of Osino Resources, that their land position, within the Pan-African gold belt, is book-ended by two major low-cost gold deposits, with respectively 8 and 4m ounces in historical gold resources. Plans for 2018 include taking the company public as the first milestone, as well as completing their $6 million exploration program that includes drilling, aero-magnetic surveying and regional geochemistry. According to Mr. Daun, Namibia is a mining-friendly country and one of the continent’s most politically and socially stable jurisdictions, with well-established infrastructure.
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Interview with David Reeves, Managing Director Calidus Resources (ASX:CAI): The Highest Grade (Over Two Grams) Open Pit-Able Gold Resource in Australia
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Calidus Resources (ASX:CAI) controls the entire Warrawoona Gold Project, in the East Pilbara district of the Pilbara Goldfield, in Western Australia. We learned from David Reeves, Managing Director of Calidus Resources, that they have a resource of 712,000 ounces, at 2.1 grams a ton, outcropping over 2.6 kilometers. It is open in all directions, and they have just commenced the resource extension program to exceed the million ounce mark this year. The main Klondyke deposit is a conventional shear-hosted gold deposit, with very good potential for an open pit mine. The metallurgical test work resulted in very high recoveries of 96% at a coarse grind, which promises potentially low operating costs. Plans for 2018 include a lot of drilling to upgrade the resource, and tests for the pre-feasibility study. According to Mr. Reeves, quite a few of the board members have taken projects to production before. Calidus is looking to bring the Klondyke project to production and plans to start development early 2020.
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Gran Colombia Gold Corp. (TSX: GCM): Currently the Largest Underground Gold and Silver Producer in Colombia, Interview with Mike Davies, CFO
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Gran Colombia Gold Corp. (TSX: GCM) is currently the largest underground gold and silver producer in Colombia with several underground mines in operation at its Segovia and Marmato properties. We learned from Mike Davies, who is the CFO of Gran Colombia that their focus is 100% in Colombia with the flagship Segovia project, delivering 86-90% of the company's production. We learned from Mr. Davies that they currently have three high grade mines in operation in Segovia mining, an average of about 16 grams per ton. As of the end of March 2018, the company's 12 months production is 187,000 ounces, with 162,000 coming from Segovia. Plans for 2018 include refinancing of some of their senior convertible debentures in parallel with the optimization mine programs at Segovia, as well as extending the project's resource. Gran Colombia Gold also owns a small Marmato mine where it is currently taking steps to identify ways for expanding, as well as the Zancudo project currently under option to Iamgold.
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Interview with Jim Pettit, President and CEO of Aben Resources (TSX-V: ABN, OTC PINK: ABNAF, Frankfurt: E2L2): Developing Three Great Gold Projects in British Columbia’s Golden Triangle, the Yukon, and Saskatchewan
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Aben Resources Ltd. (TSX-V: ABN, OTC PINK: ABNAF, Frankfurt: E2L2) is a Canadian gold exploration company developing three great projects in British Columbia’s Golden Triangle, the Yukon, and Saskatchewan. We learned from Jim Pettit, President and CEO of Aben Resources, that their flagship project is called Forrest Kerr Gold Project in the Golden Triangle, northwestern British Columbia, which is a very well-known area for high-grade deposits. As well as the Forrest Kerr project, their project in Saskatchewan can be drilled in the winter and is located near the old Claude Resources' gold mine bought by Silver Standard, and their Yukon property is tied right into Golden Predator. We learned from Mr. Pettit that all their properties came with a lot of historic data. This allowed them to compile very clear exploration models for each Property. Plans for 2018 include following up on the exciting high-grade discovery they made last year at Forrest Kerr Gold Project with more drilling, as well as testing new geochemical exploration targets. According to Mr. Pettit, they have a great management team, with about 100 years of knowledge and good access to financing.
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Interview with Ed Turner, CEO Galena Mining Ltd (ASX: G1A): A World Class Lead Silver Project that can be in Production by 2020
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Galena Mining Limited (ASX: G1A) owns 100% of the Abra base metals deposit, located in the Gascoyne Region of Western Australia, one of the biggest undeveloped lead deposit in the World. Galena completed a very successful drilling campaign in Q4 2017, with high grade lead and silver mineralization intersected in every one of the 12 holes. We learned from Ed Turner, CEO of Galena Mining, that since they listed last September, they raised 15 million Australian dollars and came up with the new resource of approximately 11 million tons at 10% lead and 28 grams per tons silver. Plans for 2018 include finishing the pre-feasibility study and bankable feasibility study that should take about one year to complete. The financing options and off-take agreements will be considered during that stage. According to Mr. Turner, there's been a shortage of lead supply, so the prices are very good and the demand continues to be very strong. The company has good base metal targets to explore and they have just commenced drilling the Woodlands' copper prospect, which is about 50 km to the west of Abra.
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Interview with Normand Champigny, President and CEO of Sphinx Resources Ltd. (TSX-V: SFX), Focus on Precious Metals and High-Grade Zinc in Quebec
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Sphinx Resources Ltd. (TSX-V: SFX) is engaged in the generation and acquisition of exploration projects in Québec, one of the world’s most attractive mining jurisdictions. We learned from Normand Champigny, President and CEO of Sphinx Resources, that they are currently focused on zinc and recently they've done deals with Osisko Metals to advance their Grenville Zinc Project, and also with SOQUEM for the Calumet-Sud zinc project. We learned from Mr. Champigny that zinc is a critical metal for infrastructure, and demand for zinc is rising, largely driven by new infrastructure investment in China, so zinc prices are climbing. We learned from Mr. Champigny that in April they helped create a new company called Quebec Precious Metals Corporation to create a leading gold explorer in the James Bay region of Quebec, and Sphinx will receive shares of the new company as part of the transaction. According to Mr. Champigny, they have an excellent team of actual mine finders. They are working in a very favorable jurisdiction, and the company's plans for 2018 include drilling the two exciting zinc projects.
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Interview with Peter Clausi, President, CEO of CBLT Inc. (TSXV: CBLT): A Successful Canadian Cobalt Project Generator
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


CBLT Inc. (TSXV:CBLT) is a Canadian mineral exploration company and a project generator with a proven leadership team, targeting cobalt in reliable mining jurisdictions. We learned from Peter Clausi, President, CEO of CBLT, that the company was one of the first to move into cobalt space three years ago and were able to acquire cobalt properties fairly cheaply. According to Mr. Clausi, cobalt is an essential ingredient in the electrification of the world; without it, we don't have efficient lithium ion batteries. In 2018 and 2019 the company plans to stick with their business plan to monetize some of the assets turning them into non-dilutive financings. With cobalt prices right now up roughly 400% since February of 2016 and with the supply chain for cobalt from Congo being so unsteady, Mr. Clausi believes that the cobalt market is going to skyrocket.
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Lomiko Metals Inc. (TSXV: LMR, OTC: LMRMF, FSE: DH8B, ISIN: CA54163Q1028, WKN: A0Q9W7): Advancing High-Grade Flake Graphite Project in Quebec, Paul Gill, President and CEO
by Allen Alper, Jr., with MetalsNews.com


Lomiko Metals Inc. (TSXV:LMR, OTC: LMRMF, FSE: DH8B, ISIN: CA54163Q1028, WKN: A0Q9W7) is a Canadian-based, exploration-stage company, that discovered high-grade graphite at its La Loutre Property in Quebec and is working toward a new resource and Pre-Economic Assessment (PEA) that will increase its current indicated resource of 4.1 Mt of 6.5% Cg to over 10 Mt of 10%+ Cg. We learned from A. Paul Gill, President and CEO of Lomiko Metals, that they have received a drilling permit for the La Loutre property and are about to get the drills turning on that project. At the same time, they are planning a small financing to complete that work, as well as work on the two very interesting tech projects owned by Lomiko: their Prometheus Cryptocurrency project and SHD Smart Devices their smart home devices project. According to Mr. Gill, graphite prices have gone up about 30% and the demand for graphite's will increase as China clamps down on exporting the material.
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Melior Resources Inc. (TSXV: MLR): Well-Funded with Offtake for Sale of Ilmenite and Apatite, Production Scheduled for this November, Interview with Mark McCauley, Director and CEO
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Melior Resources Inc. (TSXV: MLR) is the owner and operator of the Goondicum ilmenite mine, a past-producing ilmenite and apatite mine strategically located in Queensland Australia. We learned from Mark McCauley, Director and CEO of Melior Resources, that the ilmenite price has been very strong and stable for the last twelve months and just a week ago the company completed its funding and off-take package, which enables it to restart the Goondicum Project and be back in production in November this year. According to Mr. McCauley, Melior Resources plans to start shipping ilmenite to China, early next year and will be cash positive by second quarter of 2019. Ilmenite is used in manufacturing general consumable items, such as paint, plastics, ink, cosmetics and sunscreen. The project also contains high quality apatite that is excellent for manufacturing organic fertilizer and the company partnered with an Australian domestic organic fertilizer manufacturer. The other half of the corporate strategy, according to Mr. McCauley, is to grow the business via mergers and/or acquisitions.
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Telson Mining Corporation (TSXV: TSN): Two Producing Precious and Base Metal Mines in Mexico, Interview with Ralph Shearing, President
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Telson Mining Corporation (TSXV: TSN) is a Canadian-based junior resource mining company, currently in pre-production at two Mexican gold, silver and base metal mining projects, and is advancing both towards commercial production, over the coming months of 2018. According to Ralph Shearing, President of Telson, the company is a new multi-mine producer in Mexico, delivering and selling metal concentrate from its two mines. At the recently acquired Campo Morado Mine in Guerrero, Mexico, Telson re-commenced mining and processing operations at 1,400 tonnes per day, in October 2017, recently, in April 2018, reaching 2,000 tonnes per day and intends to advance towards commercial production, at full capacity of approximately 2,500 tonnes per day, over the coming months 2018. Telson's Tahuehueto Project, located in north-western Durango State, Mexico is currently in pre-production at approximately 125 tonnes per day, utilizing a toll mill for processing and has entered a construction phase, with a timeline to be producing, on site, in its own mineral processing plant, capable of milling at least 1,000 tonnes per day, towards the end of 2018.
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Harte Gold Corp. (TSX: HRT, OTC: HRTFF, Frankfurt: H4O): One of the Highest-Grade Gold Deposits, Commercial Production in 2018, Interview with Stephen G. Roman, Chairman, President and CEO
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Harte Gold Corp. (TSX: HRT, OTC: HRTFF, Frankfurt: H4O) is focused on the exploration and development of its 100% owned Sugar Zone Property, in Ontario, Canada, where it has recently completed a 70,000 tonne Advanced Exploration Bulk Sample and mined 30,000 tonnes, under its Phase I Commercial Production Permit. The Sugar Zone Property is located 80 kilometers east of the Hemlo Gold Camp. We learned from Stephen G. Roman, who is Chairman, President and CEO of Harte Gold, that they currently have a quarter billion-dollar market cap, and recently came out with an update to their resource, which increased to 300% to the 1.5-million-ounce level. We learned from Mr. Roman that they have completed the construction of approximately 60% of the processing plant at Sugar Zone with start-up scheduled for July 2018.
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Golden Ridge Resources Ltd. (TSXV: GLDN): Focused on High-Grade Gold Discoveries in BC’s Prolific Golden Triangle, Interview with Mike Blady, CEO
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Golden Ridge Resources Ltd. (TSXV: GLDN) is actively exploring its flagship high grade Hank Au-Ag project in the heart of BC’s Golden Triangle. The project is located approximately 140 kilometers north of Stewart, British Columbia. Golden Ridge may earn 100% interest in the project by performing $1.7M of exploration work by the end of 2018. We learned from Mike Blady, CEO of Golden Ridge Resources, that in 2017, they drilled 4,250 meters at the Hank property, testing the historic geologic model that Barrick and previous operators had put forth. Their findings didn't agree with the model, so they've come up with a new model in the first couple months of 2018, which they unveiled at PDAC, with all of their new 2018 drill targets. Plans for 2018 include an 8,000 to 10,000 meters exploration drilling program that starts as early as they are able to get on the property this spring. According to Mr. Blady, very shortly Golden Ridge will earn 100% ownership of the Hank property, which is an exciting moment for the Company. Golden Ridge also owns a 100% interest in the North Canol Co-Ag-Zn project located in the Mac Pass region of the Yukon, this project has recently been optioned to Fireweed Zinc for cash and shares.
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Millennial Lithium Corp. (TSX.V:ML, FSE:A3N2, OTCQB:MLNL): Developing World Class Lithium Assets in Argentina, Interview with Graham Harris, Chairman
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Millennial Lithium Corp. (TSX.V:ML, FSE:A3N2, OTCQB:MLNL) is an emerging exploration and development company, focused on world class lithium assets in Argentina. Millennial Lithium controls over 20,000 hectares of prime land, in the heart of the famed Lithium Triangle – home to the world’s most prolific lithium riches. In Argentina, the Company is advancing two lithium projects to a production decision. Both are located within an emerging mining district that is home to several world-class lithium mines and in-development deposits. We learned from Graham Harris, Chairman and Director of Millennial Lithium, that their flagship project is Pastos Grandes, which is located in the Salta Province of Argentina. Subsequent to the drilling that they undertook last year, they came out with a very substantial 43-101 resource, in November, of close to three million tons of lithium carbonate reserves. They followed that up with a PEA, released in January of 2018, showing that the Pastos Grandes project is probably one of the biggest and best lithium brine resources in all of the lithium triangle. With a significant Chinese investor, GCL Poly, and 65 million dollars cash in the bank, Millennial Lithium plans to complete a bankable feasibility study during 2018, then enter into some strategic off-takes.
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Ascot Resources Ltd: (TSX.V: AOT): A Near-Term Producer, High-Grade Gold, Advanced Exploration Project with Large Upside Potential in the Golden Triangle of BC. Interview with Derek White, President and CEO
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Ascot Resources Ltd (TSX.V: AOT) is a focused gold and silver explorer and near-term producer in Northern British Columbia, with a portfolio of advanced and grassroots projects in the Golden Triangle region. Ascot’s flagship Premier Project is a near-term, high-grade, advanced exploration project with large upside potential and a historic mine. We learned from Derek White, President and CEO of Ascot Resources, that plans for 2018 include an infill-drill program at the Premier Project beginning in May, with the end-goal to restart the mine. According to Mr. White, Ascot's team is made of experienced mine builders, who really know how to do this. Mr. White believes Premier is a very attractive, high-grade opportunity, in the proven Golden Triangle, with existing infrastructure of the past-producing mine.
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Predictive Discovery Limited (ASX: PDI): A Prospect Generator Focusing on Gold Exploration in West Africa, Interview with Paul Roberts, Managing Director
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Predictive Discovery Limited (ASX: PDI) is a prospect generator, focusing principally on exploration for gold in West Africa, with one additional project for gold in Australia. The company has a distinctive technological capability, known as Predictore®,that sets it apart from its peers. We learned from Paul Roberts, Managing Director of Predictive Discovery, that the company is currently operating in Burkina Faso, Cote d'Ivoire and Mali. According to Mr. Roberts, the prospect generator model allows them to hold a lot of ground, but with most of the money on that ground being spent by JV partners. The company has a very large portfolio of properties and offers investors a unique opportunity to be exposed to the possibility of finding large gold deposits across West Africa.
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Rick Rule on the Sprott Vancouver Natural Resource Symposium: Great Venue, Vetted Exhibitors and Leading Industry Side, Policy and Resource Expert Speakers.
by Allen Alper Jr., President, Metals News


Today we are talking about the Sprott Natural Resource Symposium which is being held July 17th - 20th in Vancouver. This is a very different conference, in that Sprott has vetted and has an investment in all the exhibiting resource companies. They are vetted investment-worthy companies. Rick points out this year there are “three themes that I see as being most interesting to investors, {they] will be Generative Exploration, Royalty and Takeover Targets. And within those sub-themes, there are probably going to be 35 or 40 exhibitors that fit into one of those three themes.”
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Interview with Larry W. Reaugh, President and CEO of American Manganese Inc. (TSX.V: AMY; OTC-US: AMYZF; FSE: 2AM): Recycling Cathode Metals in EV and LIB Batteries
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


American Manganese Inc. (TSX.V: AMY; OTC-US: AMYZF; FSE: 2AM) is a diversified specialty and critical metals company, focused on capitalizing on its patented intellectual property, through low cost production and recovery of electrolytic manganese products throughout the world, and recycling of spent electric vehicle lithium ion rechargeable batteries. We learned from Larry W. Reaugh, President and CEO of American Manganese, that they are currently focused on recycling cathode metals from LIB batteries. The technology, the company had developed, to produce manganese metal from extremely low-grade material has been adapted to achieve high recoveries of lithium, cobalt, nickel, manganese, and aluminum from spent lithium ion batteries. The patent was recently published by the US Patent Office. Plans for 2018 include working on two other patents, building the pilot plant and using pilot plant data to scale up to a three tonne a day demonstration plant. According to Mr. Reaugh, American Manganese is the most advanced company with a cathode material recycling solution and it is getting attention from China, Japan, South Korea, as well as from North America and Europe.
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Interview with Rudi Fronk, Chairman and CEO, Seabridge Gold (TSX: SEA; NYSE:SA): The Best Leveraged Play to a Rising Gold Price
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Seabridge Gold (TSX: SEA; NYSE:SA) holds one of the world's largest resource bases of gold, copper and silver, with the objective of growing gold resource and reserve ownership per share.

We learned from Rudi Fronk, who's chairman and CEO of Seabridge Gold, that he started Seabridge almost 19 years ago with a contrarian view on gold and with the intention to build the best leveraged play to a rising gold price, so that their share price would outperform not only gold but also other gold equities. As a result, any 10% increase in the price of gold over the past 19 years, has resulted on average in a 50% increase in the company's common share price.
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Interview with Justin Brown, Executive Director, Element 25, Developing World Class High Purity Manganese Production for Li-Ion Batteries
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Element 25 (ASX: E25) (formerly Montezuma Mining (ASX: MZM)) is focused on the development of a high purity manganese production facility at their world class 100% owned Butcherbird manganese Project, located in Western Australia. We learned from Justin Brown, who is Executive Director of Element 25, that as manganese prices started to pick up in 2017, due to the demand for manganese for use in lithium ion batteries, the company in collaboration with the Commonwealth Scientific Industrial Research Organization (CSIRO) developed an innovative hydrometallurgical flowsheet to allow for rapid, low cost extraction of manganese from the unique Butcherbird deposit, which boasts in excess of 180Mt in resource. According to Mr. Brown the test work was incredibly successful as was the recently published scoping study. Near term plans include a pre-feasibility study for the next 6 to 12 months before they move into a definitive feasibility study phase, where they will finalize project financing and then move into construction.
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Continental Gold (TSX: CNL; OTCQX: CGOOF): Developing Large High-Grade Precious Metals Properties in Colombia , Supported by Newmont Mining, Interview with Paul Begin, CFO
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, U7


Continental Gold (TSX: CNL; OTCQX: CGOOF) is an advanced-stage exploration and development company with an extensive portfolio of 100%-owned gold projects in Colombia. The Company’s flagship, Buriticá project, is a high-grade and multi-million-ounce precious metal project, boasting mineral reserves of 3.7 million ounces at 8.4 g/t gold (13.7 million tons), with production scheduled for 2020. We learned from Paul Begin, CFO of Continental Gold, that the Buriticá project is a high-grade vein system and the feasibility study shows robust economics and rapid return on investment. According to Mr. Begin, there's significant upside to growing the resource at Buriticá, and he believes that it is the best undeveloped gold asset in the world today. In May 2017, Newmont Mining invested US$109 million at a 46% premium to market to purchase a 19.9% interest. The company is advancing on schedule with construction of its Buriticá mine and is commencing an aggressive 137,000-metre drill program on the property.
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Argo Gold Inc. (CSE: ARQ): Exploring High-Grade Projects in Ontario. Interview with Judy Baker, President and CEO
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Argo Gold Inc. (CSE: ARQ) is a Canadian company focused on gold exploration projects, with indications of economic viability, located in central and northwestern Ontario. All of Argo Gold’s projects are 100% owned. We learned from Judy Baker, President and CEO of Argo Gold, that their flagship Woco Gold Project is a small high-grade gold vein located 50 kilometers east of Red Lake. Argo Gold is advancing gold exploration with the target of identifying enough ounces to advance the project to a small gold producer. Plans for 2018 include bringing a strategic corporate investor onboard to execute a 5,000 meter drill program at the Woco Project. Ms. Judy Baker believes that the Woco Project has a lot of upside potential given the high-grade of the mineralization that was initially discovered in 1993 and the lack of exploration since then.
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Granada Gold Mine Inc. (TSX.V: GGM): Developing the Granada Gold Property Situated in the Heart of the Abitibi Greenstone Belt and Along the Prolific "Cadillac Trend". Interview with Frank Basa, President and CEO
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Granada Gold Mine Inc. (TSX.V: GGM) is developing the Granada Gold Property situated in the heart of the famous Abitibi Greenstone Belt and along the prolific "Cadillac Trend". This potential high-tonnage, near-surface deposit is located 15 minutes from Rouyn-Noranda Quebec, near excellent infrastructure, airport, paved roads to the mine site, and good supply of skilled labour throughout the region. The property includes the former Granada Gold Mine, which produced more than 50,000 ounces of gold in the 1930s. We learned from of Granada Gold Mine, that they have a fairly large resource, which is a combination of open pit and underground. Plans for this year include a lot of drilling to exceed the five million ounce resource, open pit and underground combined, then prepare for a feasibility study that is due in the first quarter of next year. According to Mr. Frank Basa, President and CEO, Granada Gold Mine is positioned to increase its resource by an order of magnitude.
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Lithium Chile (TSX-V: LITH, OTC-QB: LTMCF): 15 Premier Lithium Projects, In the World’ Highest-Grade Lithium District, Interview with Steve Cochrane, President and CEO
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Lithium Chile (TSX-V: LITH, OTC-QB: LTMCF) owns fifteen projects, encompassing 148,100 hectares on Li-rich Salars in Chile – which has the largest, high-grade lithium reserves and lowest-cost lithium production in the world. The portfolio includes projects, with high-grade lithium brines and excellent chemistry, at shallow depths – all of which have good access to infrastructure. The company is well-funded and has a top-tier team. Exploration is underway and the company is targeting initial resource estimates in 2018. We learned from Mr. Steve Cochrane, President and CEO of Lithium Chile, that out of the fifteen properties they have identified, six have large high-grade priority targets, near good infrastructure with easy access. Having completed the geo-physics survey on all of the properties, Lithium Chile applied for drill permits and hopes to start drilling before the end of the summer.
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Dr. Diane Garrett, President and CEO, Nickel Creek Platinum Corp. (TSX: NCP, OTC-QX: NCPCF) Known for Extreme Success as a Mine Developer. Nickel Creek in the Yukon, Host to Measured and Indicated 2 B Lbs. Ni, 1 B lbs. Cu, 6 M oz. ("PGM's") , 120 M Lbs.Co
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Nickel Creek Platinum Corp. (TSX: NCP, OTC-QX: NCPCF) is a Canadian mining exploration and development company focused on advancing its 100% owned Nickel Shäw project towards becoming Canada's next world-class nickel sulphide mine. Located in the Yukon, Nickel Shäw project is host to over 2 billion pounds of nickel, 1 billion pounds of copper, 6 million ounces of platinum group metals ("PGM's") and 120 million pounds of cobalt in the measured and indicated categories. We learned from Dr. Diane Garrett, President and CEO of Nickel Creek Platinum, that their world class project is uniquely positioned right off the Alaska Highway, in a great mining jurisdiction, and with exceptional access to infrastructure. The company is currently doing the metallurgical test work program for nickel-copper separation that has advanced into Mini Pilot Plant testing. Plans for 2018 include the updated PEA to be out towards the end of the third quarter and then they expect to make a decision to move straight into the engineering phase.
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Mayo Lake Minerals (MLM): Exploring for Gold in the Heart of the Yukon, Interview with Tyrell Sutherland, VP of Exploration
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Mayo Lake Minerals (MLM) is a private Ontario-based company that owns a 100 per cent interest in five claim blocks, presently consisting of 1,117 claims, in the Mayo Mining District of the Yukon. These claim groups all lie within the Tombstone Plutonic Belt of the Tintina Gold Belt (TGB). We learned from Tyrell Sutherland, VP of Exploration for Mayo Lake Minerals, that these are all brand new properties, never drilled before. Plans for 2018 include a 1,200 to 2,500 meter drilling program. Judging by the amount of placer operations that have been active in this area and based on the style of soil anomalies, Mr. Sutherland is confident they are going to find gold mineralization on their claims
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Nevada Exploration Inc. (TSX-V: NGE; OTCQB: NVDEF): Advancing a Portfolio of New, District-Scale, Gold Exploration Projects, along Nevada’s Cortez Trend, Interview with James Buskard, President
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Nevada Exploration Inc. (TSX-V: NGE; OTCQB: NVDEF) is an early-stage project generator, focused on the discovery of large Carlin-type gold deposits in Nevada, through the application of a new and unique exploration technology, Groundwater Chemistry. The company is advancing a portfolio of new, district-scale, gold exploration projects, along Nevada’s Cortez Trend. NGE has completed the world’s largest groundwater sampling program for gold exploration, collecting approximately 6,000 samples to evaluate Nevada’s covered basins for new gold exploration targets. We learned from James Buskard, President of Nevada Exploration, that as a result of their regional-scale generative program, they've ended up with a pipeline of targets for drilling, with the two targets, South Grass Valley and Kelly Creek, ready for intensive, deeper core drilling programs this summer. We learned from Mr. Buskard, that the company is tightly held with 1/3 of shares held by management, insiders, and insiders' families. According to Mr. Buskard, Nevada Exploration has designed its exploration strategy specifically to target 5-10million-ounce size deposit.
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Mustang Resources Ltd. (ASX: MUS): Developing Premier Ruby, Graphite and Vanadium Projects, Interview with Dr. Bernard Olivier, Managing Director
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Mustang Resources Ltd. (ASX: MUS) is a Mozambique-focused emerging multi-commodity developer and explorer, currently fast-tracking the development of its Montepuez Ruby and Caula Graphite and Vanadium projects, located adjacent to each other in northern Mozambique. We learned from Dr. Bernard Olivier, Managing Director of Mustang Resources, that they are focusing on the development of their ruby project in the Montepuez area, as well as the neighboring graphite and vanadium deposit called the Caula Graphite and Vanadium Project. Both projects are located in northern Mozambique, right next to each other, so they can share infrastructure and camp facilities. We learned from Dr. Olivier, that their aim, with the Ruby project, is to take it through exploration phase, and in the process identify the resources and areas that they can take from exploration into production.
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Abitibi Royalties Inc. (TSX-V: RZZ): Owns Royalties, at the Canadian Malartic Mine, Canada's Largest Gold Mine, Interview with Ian Ball, President and CEO
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Abitibi Royalties Inc. (TSX-V: RZZ) owns various royalties, at the Canadian Malartic Mine, Canada's largest gold mine, that covers portions of Odyssey, East Malartic, Barnat Extension, Gouldie/Charlie zones and all of the Jeffrey zone. In addition, the Company is building a portfolio of royalties on early stage properties near producing mines. We learned from Mr. Ian Ball, President and CEO of Abitibi Royalties, that the company is debt free with approximately $40 million in cash and securities, and this year they expect to generate $3 - $3.5 million in cash flow and use that cash flow to buy other royalties, as well as to reduce their share account. Plans for 2018 include a 140,000 meters exploration campaign at Canadian Malartic, as well as developing ramp access to both Odyssey and East Malartic. Golden Valley Mines Ltd. and Rob McEwen hold approximately 49.2% and 12.2% interest in Abitibi Royalties, respectively.
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West Red Lake Gold Mines Inc. (CSE: RLG, FWB: HYK, OTCQB: RLGMF): Focused on High-Grade Gold Exploration and Development in Canada’s Prolific Red Lake Gold District, Interview with John Kontak, President
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


West Red Lake Gold Mines Inc. (CSE: RLG, FWB: HYK, OTCQB: RLGMF) is based in Toronto and focused on gold exploration and development, in the prolific Red Lake Gold District of Northwestern Ontario, Canada. The Red Lake Gold District is host to some of the richest gold deposits in the world and has produced nearly 30 million ounces of gold, from high grade zones, including 18 million ounces from the nearby Red Lake Mine and Campbell Mine, operated by Goldcorp. West Red Lake Gold Mines has assembled a 3100 hectare property, which has a 12 kilometre strike length and 3 former gold mines. We learned from John Kontak, President of West Red Lake Gold Mines, that their most advanced deposit is the high grade, underground, close-to-surface Rowan Mine - 60% JV with Goldcorp – with an existing NI 43-101 resource estimate of 1.1 million ounces of 7.57 gram ore. The company is looking to expand and deepen the mineralized envelope at the Rowan Mine deposit and at the same time doing internal scoping studies and baseline environmental studies, with the goal of ultimately making it a valuable asset for Canadian gold miners.
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Chatham Rock Phosphate Limited (TSXV: NZP, NZAX: CRP): The Premier Supplier of Direct Application Phosphate to the New Zealand and Global Agricultural Sector, Interview with Chris Castle, President, CEO and founder
by Dr. Allen Alper, PhD Economic Geology and Petrology, Columbia University, NYC, US


Chatham Rock Phosphate Limited (TSXV: NZP, NZAX: CRP) aims to be the premier supplier of direct application phosphate to the New Zealand and global agricultural sector. Chatham Rock Phosphate is the custodian of New Zealand’s only material resource of ultra-low cadmium, environmentally friendly pastoral phosphate fertilizer. Chatham Rock Phosphate Ltd holds a mining permit over an area off the coast of New Zealand, with significant seabed deposits of rock phosphate and other potentially valuable minerals. We learned from Chris Castle, President, CEO and founder of Chatham Rock Phosphate, that their deposit is offshore about 450 KM to the west of New Zealand, 400 Meters under the water. The resource is 35,000,000 tons, of which 23,000,000 are 43-101 compliant, which makes for a 15-20 year mine life. Chatham Rock Phosphate anticipates significant return on investment. According to Mr. Castle, their New Zealand project has quite a number of environmental benefits, including lesser carbon emissions, better water quality, and low levels of cadmium.
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Featured News
Dalradian Announces Results of its 2018 Meeting of Shareholders
TORONTO, June 22, 2018 (GLOBE NEWSWIRE) -- Dalradian Resources Inc. (TSX:DNA) (AIM:DALR) ("Dalradian" or the "Company") is pleased to announce the results of its 2018 annual meeting of shareholders (the “Meeting”) held today in Toronto, Ontario.
Air Products Announces North American Price Increase for Liquid and Bulk Industrial Gas Products
LEHIGH VALLEY, Pa., June 22, 2018 /PRNewswire/ -- Effective July 1, 2018, or as contracts permit, Air Products (NYSE: APD) will increase product pricing and surcharges for merchant customers in North America. The pricing adjustments include increases of:
Melior Adds Non-Executive Director to the Board
TORONTO, June 22, 2018 (GLOBE NEWSWIRE) -- Melior Resources Inc. (TSXV:MLR) (“Melior” or the “Company”) today announced that Mr. George Lloyd would be joining the board as an independent non-executive director.
US Metal Service Center Revenue to Reach $165 Billion in 2022
CLEVELAND, June 22, 2018 /PRNewswire/ -- Revenues of US metal service centers are forecast to total $165 billion in 2022, according to Metal Services: United States, a report recently released by Freedonia Focus Reports. Expanding durable goods output and construction activity will boost demand for primary metal products and support sales.
Silver Bear Provides Commissioning and Silver Production Update
TORONTO, June 22, 2018 (GLOBE NEWSWIRE) -- Silver Bear Resources Plc (“Silver Bear” or the “Company”) (TSX:SBR) announces it has produced first silver from its operations at its Mangazeisky silver project in Far East Russia.
More Positive Drilling Results From TriStar Gold’s Castelo de Sonhos
SCOTTSDALE, Ariz., June 22, 2018 (GLOBE NEWSWIRE) -- TriStar Gold Inc. (TSX.V:TSG) (the “Company” or “TriStar”) is pleased to report continued successful assay results from the recently completed 42-hole drilling program at the Castelo de Sonhos project (“CDS”). This includes 3m @ 1.2 g/t from surface, 9m @ 1.25 g/t from 22m downhole and 6m @ 1.1 g/t from 54m downhole in RC-18-315 at Esperança South and 6m @ 0.82 g/t in RC-18-318 at Esperança East, a target not included in previous resource estimates (true widths are approximately 90% of the intersection lengths). Results thus far are very encouraging given TriStar’s 2018 drilling goal to target the gaps in existing drilling and extensions beyond the current resource footprint.
Platinum Group Metals Ltd. Reports Continued Listing Plan Accepted by the NYSE American
VANCOUVER, British Columbia and JOHANNESBURG, South Africa, June 22, 2018 (GLOBE NEWSWIRE) -- Platinum Group Metals Ltd. (TSX:PTM) (NYSE American:PLG) (“Platinum Group”, “PTM” or the “Company”) reports that the NYSE American (the “Exchange”) has notified the Company that its plan to regain compliance with the continued listing requirements of the Exchange has been accepted.
Gold Fields and Asanko Receive Ghana Government Approval for Completion of Joint Venture
JOHANNESBURG, June 22, 2018 /PRNewswire/ --
Meritor Appoints Chief Technology Officer
TROY, Mich., June 22, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced that it has named John Bennett to the newly created role of vice president and chief technology officer. This appointment is effective immediately.
Baita Plai Licence Update: Ministerial Agreement Obtained
Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining

22 June 2018

Alderon Welcomes Rolland G. Morier to its Board of Directors and Announces AGM Results
MONTREAL, June 22, 2018 (GLOBE NEWSWIRE) -- Alderon Iron Ore Corp. (TSX:IRON) ("Alderon" or the “Company”) announced the appointment of new director Mr. Rolland Morier to the Company’s Board of Directors during the Annual General and Special Meeting of shareholders which took place on Thursday, June 21, 2018 in Montreal.
TVI Announces the Results of its Annual Meeting of Shareholders
CALGARY, June 22, 2018 /CNW/ - TVI Pacific Inc. (TSX-V: TVI) (OTC Pink: TVIPF) ("TVI" or "the Company") announces that shareholders have approved of all resolutions brought before them at the Annual General Meeting of Shareholders ("AGM") held on June 21, 2018. A total of 131,355,927 shares were represented in person or by proxy at the meeting, representing approximately 20.04% of the Company's outstanding shares.
Dana Incorporated and Hydro-Québec Announce Strategic Joint Venture
- TM4's motor and inverter capabilities complement Dana's e-Drive design, engineering, and manufacturing
JNA Jewellery Design Competition 2018/19 kicks off
HONG KONG, June 22, 2018 /PRNewswire/ -- JNA of UBM Asia Ltd have launched the JNA Jewellery Design Competition 2018/19 at a dedicated seminar held on the sidelines of the June Hong Kong Jewellery & Gem Fair on 21st June, 2018.
Torex Announces the Results of Its 2018 Meeting of Shareholders
TORONTO, June 22, 2018 (GLOBE NEWSWIRE) -- Torex Gold Resources Inc. (the “Company” or “Torex”) (TSX:TXG) announces the results of its 2018 annual and special meeting of shareholders (the “Meeting”) held in Toronto, Ontario on June 21, 2018.
Exercise of Warrants and Issue of Equity
Vast Resources plc / Ticker: VAST / Index: AIM / Sector: Mining

22 June 2018

Dalradian files NI 43-101 technical report for the updated mineral resource statement for the Curraghinalt gold deposit
TORONTO, June 22, 2018 (GLOBE NEWSWIRE) -- Dalradian Resources Inc. (TSX:DNA) (AIM:DALR) ("Dalradian" or the "Company") reports that it has filed on SEDAR the National Instrument 43-101 technical report for its updated mineral resource statement for the Curraghinalt gold deposit in Northern Ireland. Highlights of the report were previously announced on May 10, 2018. Because this latest technical report supersedes any previous reports and renders them obsolete, the Company has removed the previous technical report (the 2016 Feasibility Study) from its website and marketing materials. Updated economics for the Curraghinalt gold deposit will be announced in the upcoming feasibility study, expected later this year.
Queensland Bauxite Ltd (ASX:QBL) Q&A on the Merger of QBL, MCL and Medcan Australia
Because of a few poignant questions on yesterday's significant Queensland Bauxite (ASX:QBL) announcement there are dominating queries sent to the Company that obviously need clarification.
Argent Minerals Limited (ASX:ARD) Agreement Executed with Kempfield Neighbours Facilitates Large Scale Project Advancement
Argent Minerals Limited (ASX:ARD), (Argent, or the Company) is pleased to report that it has entered into a new agreement with the owners of the neighbouring Box Hill property to the north of the Company's freehold land at the Kempfield project in NSW. The new agreement replaces and supercedes the previous agreement announced on 27 June 2017.
Ardiden Ltd (ASX:ADV) Due Diligence Drilling Hits the Target Zones at Pickle Lake
Canadian focused explorer and developer Ardiden Limited ("ADV" or "the Company") (ASX:ADV) is pleased to advise the diamond drilling program is progressing quickly with due diligence drilling program successfully hitting the I.F. target zone in each of the seven drill holes at the highly-prospective Kasagiminnis Lake Property in Ontario, Canada.
Blackham Resources Ltd (ASX:BLK) Appointment of Mr Tony James as Director
Blackham Resources Limited (ASX:BLK) (OTCMKTS:BKHRF) (Blackham or the Company) is pleased to announce the appointment of Mr Tony James as a Non-Executive Director of the Company. Blackham continues to strengthen the experience and composition of its Board and management team, which is focused on the successful delivery of the Company's near and longer-term mine plans.
Investigator Resources Ltd (ASX:IVR) Appointment and Resignation of Non-Executive Directors
Investigator Resources Limited (ASX:IVR) is pleased to announce the appointment of Andrew McIlwain as a non-executive director of the board effective as of 20 June 2018.
White Cliff Minerals Ltd (ASX:WCN) Investor Presentation
White Cliff Minerals Ltd (ASX:WCN) provides the Company's latest Investor Presentation.
Nevada Copper Continues to Expand Open Pit Mineralization and Provides Positive Project Update

June 19, 2018 - Nevada Copper Corp. (TSX: NCU) (“Nevada Copper” or the “Company”) is pleased to provide an operations and drill results update regarding the Underground and Open Pit projects at its 100%-owned, fully-permitted Pumpkin Hollow Project in Nevada.
Nevado announces transfer of listing to NEX
MONTREAL, June 21, 2018 (GLOBE NEWSWIRE) -- Nevado Resources Corporation (TSXV:VDO) (“Nevado” or the “Corporation”) today announced that, effective at the opening of trading on Monday, June 25, 2018, the listing of its common shares will be transferred from Tier 2 of the TSXV to the NEX board of the TSXV. The trading symbol of the Corporation will also change from VDO to VDO.H. There is no change in the Corporation's name or CUSIP number and no consolidation of capital.
Carpenter to Increase Base Prices on Premium Product Portfolio
PHILADELPHIA, June 21, 2018 (GLOBE NEWSWIRE) -- Carpenter Technology Corporation (NYSE:CRS) announced today that it will increase base prices three percent (3%) to five percent (5%) on new non-contract orders across all premium products. The increases will be effective with new orders placed after June 21, 2018.
SEMAFO Announces Retirement of VP, Exploration & Mine Geology; Announces Geology Team Succession
Montreal, Quebec, June 21, 2018 - SEMAFO Inc. (TSX, OMX: SMF) announces the retirement of Mr. Michel Crevier as Vice-President, Exploration and Mine Geology and Qualified Person, effective June 30, 2018. Mr. Crevier will remain available to the Corporation on a consulting basis. As part of Mr. Crevier's succession plan, Richard Roy, who is currently exploration manager, will be promoted to Vice-President, Exploration. Furthermore, François Thibert, manager of the reserves and resources estimation group, will assume the role of Qualified Person in addition to managing mine geology activities.

Retirement of Michel Crevier

Michel Crevier joined SEMAFO in 2006 and has held the position of Vice-President, Exploration and Mine Geology and Qualified Person since 2010. With over 30 years of experience in exploration and mine geology, he successfully led the Corporation's exploration programs in Burkina Faso, Niger and Guinea.

Benoit Desormeaux, President and CEO of SEMAFO, commented: "On behalf of the board, management and stakeholders of SEMAFO, I would like to express my thanks to Michel for the pivotal role he played in SEMAFO's growth and success over the past 12 years. Under Michel's guidance, SEMAFO's exploration programs led to the discovery of 7 million ounces of gold in Burkina Faso and the doubling of mineral reserves. His disciplined approach to exploration focusing on near-mine quality ounces strongly contributed to SEMAFO's development. We congratulate him on his productive career and wish him all the best in his retirement."

Richard Roy Appointed Vice-President, Exploration

Sampling and Mapping Program At Angkor’s Wild Boar and Wild Monkey Prospects Results In 20.6 GPT Gold Grab Sample
SEXSMITH, Alberta, June 21, 2018 (GLOBE NEWSWIRE) -- Angkor Gold Corp. (TSXV:ANK) (OTC:ANKOF) (“Angkor” or “the Company”) CEO Stephen Burega is pleased to provide an update on the recent mapping and sampling program at Angkor’s Andong Meas License in Cambodia.
THB Adds MRO Products and Services into the Company's Portfolio
NORTH SALT LAKE, Utah, June 21, 2018 /PRNewswire/ -- THB, an affiliate of Fairmont Supply, and a leader among distributors of industrial fasteners, has announced the expansion of their product offering to include a full-line of industrial maintenance, repair, and operation (MRO) supplies.
Hotfoil-EHS Expanding to United Kingdom with New Engineering and Manufacturing Center
HAMILTON, N.J., June 21, 2018 /PRNewswire/ -- Hotfoil-EHS, Inc., America's premier manufacturer of industrial heating equipment, announced today the opening of their United Kingdom facility in Birmingham, England.
Leading Edge Materials Produces High Purity Nepheline Co-Product from Norra Karr Rare Element Project
VANCOUVER, June 21, 2018 /CNW/ - Leading Edge Materials Corp. ("Leading Edge Materials") or ("the "Company") (TSXV: LEM) (OTCQB: LEMIF) (Nasdaq First North: LEMSE) is pleased to provide results from recent mineral processing test work carried out on samples from the Norra Kärr rare earth element ("REE") project in Sweden. Work was undertaken on the nepheline/feldspar by-product material, as part of a program to capture value add opportunities that Norra Kärr provides beyond REEs. A Pre-Feasibility Study completed on Norra Kärr in 2015 presented REE as the only economic product but identified a range of opportunities to convert much of the mined material into products for sale while minimizing the environmental footprint of the project.
Antler Gold Arranges Brokered Financing
HALIFAX, June 21, 2018 /CNW/ - Antler Gold Inc. ("Antler") (TSXV: ANTL) is pleased to announce it plans to raise up to $792,000 through a brokered best efforts private placement that will include the issuance of up to 1,200,000 units ("Units") at a price of $0.66 per Unit (the "Financing"), subject to TSX Venture Exchange approval. Each Unit will consist of three flow-through shares ("FT Shares") priced at $0.17 per FT Share and one common share ("Common Share") priced at $0.15 per Common Share. Numus Capital Corp. ("Numus") will act as the broker for the Financing. Insiders and certain other existing shareholders of Antler ("Excluded Purchasers") intend on subscribing for Units under the Financing.
Copper Mountain Mining Corporation Report on Voting Results for the 2018 Annual and Special Meeting of Shareholders
TSX: CMMC
ASX: C6C
Resonetics Announces Acquisition Of Medelec
NASHUA, N.H., June 21, 2018 /PRNewswire/ -- Resonetics announced today that it has acquired Medelec, Puidoux, Switzerland, a leading supplier of metal tubing and other components to the medical device industry. Founded in 1952, Medelec has evolved over three generations of ownership by the Butty family. The company has developed a reputation for the highest quality tubing used in medical devices and works with a wide range of metals including assorted stainless steels and precious and semi-precious metals. In addition to fabricating tubing from flat stock, Medelec offers additional manufacturing capabilities including laser cutting and welding and CNC machining.
Silver Range Partner Trifecta Gold Samples 150 g/t at Yuge Property, Nevada
TSX-V: SNG
Rockhaven Substantially Upgrades Gold and Silver Mineral Resources at its Klaza Project, Yukon
686,000 Indicated and 507,000 Inferred Gold Ounces

VANCOUVER, British Columbia, June 21, 2018 (GLOBE NEWSWIRE) -- Rockhaven Resources Ltd. (TSX-V:RK) (“Rockhaven”) is pleased to announce updated Mineral Resource estimates for the high-grade Western BRX, Central BRX, Central Klaza, and Western Klaza zones at its 100%-owned and road accessible Klaza property, located in the Dawson Range Gold Belt of southern Yukon.

Historical drilling provides evidence of shallow, hydrothermally-altered lower-plate bedrock and Nevada Exploration acquires additional 1,900 ha at South Grass Valley - Cortez Trend, Nevada
RENO, Nevada, June 21, 2018 (GLOBE NEWSWIRE) -- Nevada Exploration Inc. (“NGE” or the “Company”) (TSX-V:NGE) (OTCQB:NVDEF) is pleased to report that a review of historic drilling at its South Grass Valley Project has provided further evidence for the presence of shallow hydrothermally-altered lower-plate bedrock at the company’s South Grass Valley Project (the “Project”).  The Company is also pleased to report that it has significantly increased its land holdings at the Project by staking 227 new claims covering 1,900 ha, bringing the Company’s total holdings at this district-scale project to 4,100 ha.
Trifecta Gold Samples 150 g/t Gold and Expands Land Package at Yuge Property, Nevada
VANCOUVER, British Columbia, June 21, 2018 (GLOBE NEWSWIRE) -- Trifecta Gold Ltd. (TSX-V:TG) (“Trifecta”) is pleased to announce results from initial exploration work on the Yuge property with partner Silver Range Resources Ltd. (TSX-V:SNG).  The Yuge property is located in Humboldt County, northern Nevada, approximately 55 km south of Denio in the Varyville Mining District.  The property covers the historical Columbia and Juanita Mines, which produced high-grade gold on a small scale between 1870 and 1937 from strong veins located more than 1,000 m apart within the same structural corridor.  Historical mining only extended down to the bottom of the oxidized zone.  Diamond drilling by previous operators below the Columbia workings produced a true-width sulphide intersect, which graded 9.70 g/t gold over 3.3 m starting 49 m below surface.  This drilling was conducted in 1981 and no drilling has been completed since.
Meritor® Announces Expanded Bearing and Seal Kit Offering
TROY, Mich., June 21, 2018 /PRNewswire/ -- Meritor, Inc. (NYSE: MTOR) today announced the launch of 20 bearing and seal kits and 70 individual bearings covering popular Meritor and Dana(®) axles for customers requiring a cost-effective solution for high-quality aftermarket parts engineered to exacting specifications. This comprehensive offering covers a significant portion of drive axle carrier assemblies serviced in the North America aftermarket.
Aurion Reports Two New High Grade Gold Discoveries and Provides Update on 2018 Field Exploration Program
TSX-V: AU
'Inside Orefinders: Gold + M&A Thesis', Webinar Available Now
TORONTO, June 21, 2018 /CNW/ - Orefinders Resources Inc. ("Orefinders" or the "Company") (TSX.V: ORX) is pleased to announce that it has posted a new investor webinar on Orefinders.ca, called Inside Orefinders: Gold + M&A Thesis.
Aben Mobilizes to Forrest Kerr Gold Project in BC���s Golden Triangle Region
VANCOUVER, British Columbia, June 21, 2018 (GLOBE NEWSWIRE) -- Aben Resources Ltd. (TSX-V:ABN) (OTCQB:ABNAF) (Frankfurt:E2L2) (the “Company”) is pleased to announce it has mobilized field-crews to its 23,000-hectare Forrest Kerr Gold Project located in BC’s Golden Triangle region to begin the Company’s 2018 summer exploration and field program. Aben is planning a 5000-metre diamond drilling program in approximately 18 drill holes at Forrest Kerr.
Aben Mobilizes to Forrest Kerr Gold Project in BC’s Golden Triangle Region
VANCOUVER, British Columbia, June 21, 2018 (GLOBE NEWSWIRE) -- Aben Resources Ltd. (TSX-V:ABN) (OTCQB:ABNAF) (Frankfurt:E2L2) (the “Company”) is pleased to announce it has mobilized field-crews to its 23,000-hectare Forrest Kerr Gold Project located in BC’s Golden Triangle region to begin the Company’s 2018 summer exploration and field program. Aben is planning a 5000-metre diamond drilling program in approximately 18 drill holes at Forrest Kerr.
Foran Increases Announced Private Placement and Updates Shareholders on Activities
VANCOUVER, British Columbia, June 21, 2018 (GLOBE NEWSWIRE) -- Foran Mining Corporation (TSX-V:FOM) (“Foran” or the “Company”) wishes to update shareholders on its activities at its 100% owned McIlvenna Bay zinc-copper deposit (“McIlvenna Bay”) in eastern Saskatchewan. McIlvenna Bay is the largest known undeveloped Volcanogenic Massive Sulphide (“VMS”) deposit along the 225 kilometre (“km”) Flin Flon Greenstone Belt. This world class metallogenic belt is host to 29 past and present producing mines, including Hudbay Minerals Inc.’s (“Hudbay”) 777 and Lalor operations.
Sprott US$14 Million Loan Facility Positions Alderon’s High-Grade Iron Ore Kami Project for Continued Re-Boot
MONTREAL, June 21, 2018 (GLOBE NEWSWIRE) -- Alderon Iron Ore Corp. (TSX:IRON) ("Alderon" or the “Company”) is pleased to announce that it and The Kami Mine Limited Partnership (“Kami LP”) have entered into an agreement with Sprott Resource Lending (“Sprott”), a global leader in resource asset investments, for a US$14 million loan facility (the "Loan Facility"). The Loan Facility will provide sufficient funds to repay the loan due to Liberty Metals & Mining Holdings, LLC (“LMM”) and provide additional runway for Alderon to continue the re-boot for the Rose Deposit of the Kamistiatusset Iron Ore Property (the “Kami Project”) in western Labrador. This transaction with Sprott comes as Alderon advances an Updated Feasibility Study scheduled for conclusion this fall. Upon completion, the Updated Feasibility Study is expected to demonstrate that the Kami Project is well-positioned to pursue project financing on account of the improved project economics highlighted in the Updated Preliminary Economic Assessment released November 7, 2017.

“We recognize and greatly appreciate the confidence and support shown by Sprott in providing this financing. We are pleased to be working with the Sprott team as we continue the re-boot of the Kami Project, which will ultimately benefit all of its stakeholders, including the many local and regional interests,” stated Tayfun Eldem, President and CEO of Alderon. “The loan from Sprott will allow Alderon to reduce its overall debt position and provide an extended bridge to the completion of project financing.”

The US$14 million Loan Facility has an initial term of 18-months, maturing on December 31, 2019 (the “Maturity Date”). The Loan Facility may be extended for an additional six-month period subject to the satisfaction of certain conditions. Altius Minerals Corporation (“Altius”), through a wholly-owned subsidiary, will be participating in the Loan Facility by providing US$2 million of the US$14 million principal. The proceeds of the Loan Facility will be advanced to the Kami LP and Alderon is acting as guarantor for the Loan Facility. The proceeds of the Loan Facility will be advanced as a single draw on the closing date. The Loan Facility shall bear interest at 10% per annum, payable monthly. The proceeds of the Loan Facility will be used to repay the existing LMM credit facility and to reimburse Alderon for amounts that are pre-paid to LMM prior to closing.

The terms of the Loan Facility also require the issuance by Alderon of a total of US$1,050,000 in common shares (“Common Shares”) to Sprott and Altius on the closing date (the “Closing Date”). The price per Common Share shall be equal to a 10% discount to the lesser of the volume weighted average trading price on the Toronto Stock Exchange (“TSX”) for the five trading days prior to (A) May 7, 2018; and (B) the Closing Date. In the event that the Maturity Date is extended in accordance with the terms of the Loan Facility, an additional total of US$350,000 in Common Shares shall be issued to Sprott and Altius on the Maturity Date and at a price per share equal to a 10% discount to the volume weighted average trading price on the TSX for the five trading days prior to the Maturity Date. United States dollar amounts shall be converted into Canadian dollars using the daily average exchange rate for the conversion of United States to Canadian dollars set by the Bank of Canada as at the business day immediately prior to the date of issuance of the Common Shares. The Common Shares shall be issued based on a ratio of 12/14th to Sprott and 2/14th to Altius.

The closing of the Loan Facility is subject to the receipt of all regulatory, stock exchange and other third-party approvals, and satisfaction of other customary closing conditions.

“Alderon’s Kami Project has the potential to create meaningful value for the steel industry by modernizing and increasing the transparency of the supply chain,'' stated Narinder Nagra, Managing Partner of Sprott. “As one of the largest investors dedicated to the natural resource sector, Sprott is excited to partner with Alderon on the reboot of Kami.”

Altius currently holds 51,838,916 Common Shares (representing 39% of the Company’s current issued and outstanding Common Shares).  After the closing of Loan Facility, Altius will be issued additional Common Shares as detailed above. However, the exact amount will not be determined until the Closing Date and will be disclosed at that time. The Loan Facility was approved by the Company’s Board of Directors; however, Altius’ nominee (Mr. John Baker) declared his interest in the transaction and did not participate in the approval process for the Loan Facility.

Pursuant to Multilateral Instrument 61-101 - Protection of Minority Security Holders in Special Transactions ("MI 61-101"), Altius’s participation in the Loan Facility constitutes a "related party transaction" as Altius is a related party of the Company. The Company is relying on an exemption from the formal valuation and minority shareholder approval requirements of MI 61-101 pursuant to exemptions contained in sections 5.5(a) and 5.7(1)(a) of MI 61-101 on the basis that at the time Altius’s participation in the Loan Facility was agreed to, the fair market value of the Loan Facility insofar as it involves Altius did not exceed 25% of the Company's market capitalization. The Common Shares that will be acquired by Altius will be acquired pursuant to an exemption from the prospectus requirement in section 2.3 of National Instrument 45-106.

The Company did not file a material change report more than 21 days before the expected closing of this transaction, as the details of the transaction were not finalized until the present and the Company wishes to close the transaction as soon as practicable for sound business reasons, including lowering the Company’s overall debt obligations and improving the Company’s financial position.

About Sprott

Sprott is an alternative asset manager and a global leader in precious metal and real asset investments. Through its subsidiaries in Canada, the US and Asia, the company is dedicated to providing investors with best-in-class investment strategies that include Exchange Listed Products, Alternative Asset Management and Private Resource Investments. The company also operates Merchant Banking and Brokerage businesses in both Canada and the US. Sprott is based in Toronto with offices in New York, Carlsbad and Vancouver and its common shares are listed on the Toronto Stock Exchange under the symbol (TSX:SII). For more information, please visit www.sprottinc.com.

Sprott Resource Lending is a globally recognized leader in natural resource financing and specializes in providing flexible debt solutions to mining companies. Since joining Sprott, the team has financed more than $1.0 billion in bespoke private debt investments. For more information, please visit www.sprottlending.com.

About Alderon Iron Ore Corp.

Alderon is a leading iron ore development company in Canada. The Kami Project, owned 75% by Alderon and 25% by HBIS Group Co. Ltd. (formerly Hebei Iron & Steel Group Co. Ltd.) (“HBIS”) through The Kami Mine Limited Partnership, is located within Canada’s premier iron ore district, the Labrador Trough, and is surrounded by two producing iron ore mines. Its port handling facilities are located in Sept-Îles, the leading iron ore port in North America. HBIS is Alderon’s strategic partner in the development of the Kami Project and China’s second largest steel producer.

For more information on Alderon, please visit our website at www.alderonironore.com.

ALDERON IRON ORE CORP.

Experts Corner
TheDailyGold Premium Update #575
by Jordan Roy-Byrne, CMT
TDG #575 will be postponed until Sunday evening or Monday.
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Comments on Silver Stocks & CoT
by Jordan Roy-Byrne, CMT
Jordan Roy-Byrne, Founder of The Daily Gold shares his thoughts on the overall market for precious metals. He points to a lack of support in the CoT reports for gold as the price was moving down and broke $1,300. This week’s CoT will be important to watch. We also look at...
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Gold & Gold Stocks Fail at 200-Day Moving Averages
by Jordan Roy-Byrne, CMT
    Fed week is exciting for some. Gold bulls and bugs alike hope the Fed will do something or say something that will trigger a huge move in precious metals. It doesn’t work like that. The Fed follows the market, which for the Fed Funds rate (FFR) is the 2-year...
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TheDailyGold Premium Update #574
by Jordan Roy-Byrne, CMT
The 23-page premium update was published and emailed to subscribers early Saturday evening. The update covers our latest thoughts on the sector and immediate targets. We also cover accumulate and strong buy prices for a few of our holdings.  
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Interview: The Dominos That Need to Fall for Gold to Rise
by Jordan Roy-Byrne, CMT
Jordan Roy-Byrne joins me today to share his thoughts on the drop in gold and silver. We also look at the overall investing and economic environment to determine what factors need to charge for a more sustainable run in the metals. Focusing on the big picture and...
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TheDailyGold Premium Flash Update (6/15)
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Post-Fed comments on the sector along with potential targets for Gold, Silver, and the gold stocks. Also, a buy target for one of our recent buys (which saw another insider buy).
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TheDailyGold Premium Update #573
by Jordan Roy-Byrne, CMT
The 24-page update was published and emailed to subscribers late Saturday night. The update covers a few companies that we think can add value in 2018-2019. We calculate that both companies should be trading higher in 2019 even with Gold at $1200/oz. We bought one of these...
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Interview: Similarities to 1999-2001, Stocks, Commodities & Precious Metals
by Jordan Roy-Byrne, CMT
Jordan Roy-Byrne joins me today to share his thoughts on the similarities we are seeing in the financial markets currently compared to 1999-2001. We discuss the current trend in interest rates, US markets (particularly tech stocks) and overall commodities. Click Here to...
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Stock Market More Important for Gold than US Dollar
by Jordan Roy-Byrne, CMT
    The fundamental drivers for Gold and the US Dollar are similar and that is why they typically trend together. Negative and/or falling real rates drive Gold and the same drives the greenback though with respect to differentials between the other competing...
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Video: Gold will Breakout After This Happens
by Jordan Roy-Byrne, CMT
This is the key for a precious metals bull market, as we move forward. Click Here to Learn About TheDailyGold Premium  
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Interview: Gold, US Dollar, Gold in Foreign Currencies
by Jordan Roy-Byrne, CMT
I am very busy today putting together the weekend show as it will be a full 2 hours of investing and company commentary. So in the meantime I wanted to share some comments made by Jordan Roy-Byrne which will be featured segment 3. We look at the moves in the USD as well as...
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TheDailyGold Premium Update #572
by Jordan Roy-Byrne, CMT
This 21-page update was published and emailed to subscribers Saturday afternoon. We covered recent developments with most of our holdings and also opined on the outlook for the Gold price and sector at large. We added to one of our positions and made another trade.
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TheDailyGold Premium Flash Update (5/31)
by Jordan Roy-Byrne, CMT
This 6-page update includes comments and analysis on Novo Resources as well as Gold, GDX and GDXJ.  
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This is When Gold Will Soar…
by Jordan Roy-Byrne, CMT
  Despite the insistence of some, precious metals have not been in a bull market. After a big pop at the start of 2016, the sector has trended lower. Sure, Gold has traded up towards a major breakout but Silver and the gold stocks have trended lower. When the US Dollar...
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TheDailyGold Premium Update #571
by Jordan Roy-Byrne, CMT
The update has been published and emailed to subscribers as of late Sunday evening.
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