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Newsfile News Releases

Jan 22, 2020 09:00 ET
New Soil Results Reveal New Gold Targets at EnGold's Lac La Hache Property
Vancouver, British Columbia--(Newsfile Corp. - January 22, 2020) - David H. Brett, President & CEO, EnGold Mines Ltd., (TSXV: EGM) ("EnGold" or the "Company") reports that new soil geochemical results from two new survey areas, the Jodie and 8000 grids, reveal multiple gold anomalies in previously unexplored parts of the Company's 100% owned Lac La Hache Property in the Cariboo region of south-central British Columbia. These new soil results are in addition to two previously announced positive surveys, the Aurizon West and Scorpio, which were part of a 1,675-sample program carried out in 2019. EnGold plans to follow up the strong soil results as soon as weather permits. Also, EnGold plans to commence a drill program at Lac La Hache in the first quarter of 2020, details of which will be announced soon.
Jan 22, 2020 08:45 ET
Canada Rare Earth and Partners Pay US$600,000 First Instalment for their Mineral Sands Property
Vancouver, British Columbia--(Newsfile Corp. - January 22, 2020) - Canada Rare Earth Corp. (TSXV: LL) ("Canada Rare Earth" or the "Company") is pleased to announce that pursuant to the multi-faceted agreement (the "Agreement") announced on December 19, 2019 the Company and its partners have paid the first instalment of US$600,000 towards the US$11 million contract price for purchase of mineral sands in South America. The balance is payable in monthly instalments of US$100,000 starting September 2020.
Jan 22, 2020 08:00 ET
I-Minerals Provides Pre-Feasibility Study Update
Vancouver, British Columbia--(Newsfile Corp. - January 22, 2020) - I-Minerals lnc. (TSXV: IMA) (OTCQB: IMAHF) (FSE: 61M) (the "Company") is pleased to provide a status update on its ongoing pre-feasibility study ("PFS") on the Bovill Kaolin halloysite & metakaolin project. Millcreek Engineering of Salt Lake City, UT, has completed the site layout, processing plant design and is in the final stages of estimating the operating and capital costs. Mine Development Associates (MDA) has completed the mine plan optimized for kaolin and halloysite clays which in turn has been the basis for contract mining cost estimates completed in December 2019. Based upon the completion schedule, management expects to have the PFS results for release within 30 days.
Jan 22, 2020 07:45 ET
Brazil Minerals, Inc. Expands Diamond Recovery Operations
Pasadena, California--(Newsfile Corp. - January 22, 2020) - Brazil Minerals, Inc. (OTC PINK: BMIX) (the "Company" or "Brazil Minerals") announced today that its diamond recovery operations have been producing gem-quality stones and that the larger specimens will be cut and polished by professional cutters. The attached photograph taken last week shows recent examples of production.
Jan 22, 2020 07:30 ET
Provenance Gold Adds Blue Horse Property at Silverbow: Seven Gold and Silver Exploration Targets Identified
Vancouver, British Columbia--(Newsfile Corp. - January 22, 2020) - Provenance Gold Corp. (CSE: PAU) (3PG: FSE) ("Provenance", or the "Company") Provenance Gold is pleased to report significant progress has been made at its Silverbow gold-silver project in Nye County, Nevada. The Blue Horse patented claim has been leased and added to the property. It holds potential for gold from high grade veins and from a very significant breccia hosted lower grade resource that surrounds the veins and is extensively exposed on the surface. Additionally, a new target has been developed called Breccia Ridge which has strong gold values reported over an open-ended 600 meter strike length.
Jan 22, 2020 06:00 ET
Brazil Minerals, Inc. Expands Diamond Recovery Operations
Pasadena, California--(Newsfile Corp. - January 22, 2020) - Brazil Minerals, Inc. (OTC PINK: BMIX) (the "Company" or "Brazil Minerals") announced today that its diamond recovery operations have been producing gem-quality stones and that the larger specimens will be cut and polished by professional cutters. The attached photograph taken last week shows recent examples of production.
Jan 22, 2020 00:44 ET
Contact Gold Announces Annual Grant of Incentive Options
Vancouver, British Columbia--(Newsfile Corp. - January 22, 2020) - Contact Gold Corp. (TSXV: C) (the "Company" or "Contact Gold") announces that options to purchase 2,125,000 common shares in the Company were granted to employees, executives and directors of the Company on January 16, 2020, with an exercise price of $0.19 per share. The options have been granted pursuant to the Company's Omnibus Stock and Incentive Plan and will expire five years from the date of grant. All of the options are subject to vesting provisions. The Company also awarded to certain employees and executives an aggregate of 239,220 restricted share units ("RSUs") pursuant to the Company's RSU Plan. The RSUs are subject to vesting provisions and expire on December 31, 2023.
Jan 21, 2020 23:32 ET
Camino Announces Private Placement and New Management Appointments
Edmonton, Alberta--(Newsfile Corp. - January 21, 2020) - Camino Minerals Corp. (TSXV: COR) (OTCQB: CAMZF) (WKN: A116E1) ("Camino" or the "Company") is pleased to announce that it has agreed to appoint Keith Peck to the new role of Chairman, and Jay Chmelauskas to the role of CEO and Director, to develop the advanced exploration stage Chapitos copper project, based in Chala, Peru. John Williamson has agreed to step down as CEO, but will remain involved with Camino as a member of a newly formed Advisory Board. The new leadership team plans to focus its efforts on the development of the Chapitos copper project as a potential copper oxide heap leach property.
Jan 21, 2020 18:15 ET
Jan 21, 2020 18:13 ET
Pine Cliff Energy Ltd. Provides Operational Update
Calgary, Alberta--(Newsfile Corp. - January 21, 2020) - Pine Cliff Energy Ltd. (TSX: PNE) ("Pine Cliff", or the "Company") is pleased to provide an update on its Pekisko development program which continues to demonstrate encouraging results.
Jan 21, 2020 17:50 ET
Discovery Harbour Outlines Additional Gold and Pathfinder Element Anomalies on Caldera Gold Project, Nevada
Vancouver, British Columbia--(Newsfile Corp. - January 21, 2020) - Discovery Harbour Resources Corp. (TSXV: DHR) (the "Company" or "Discovery Harbour") is pleased to announce results from Phase 1 of its detailed soil sampling on the Caldera Gold Project in Nevada. A total of 718 samples were collected over a portion of the 30 targets that Discovery Harbour has identified as potential drill targets. Phase 2 of the detailed soil sampling program will collect a further approximately 500 samples once weather permits. When all the samples have been collected Discovery Harbour will, combined with the historical soil data, have excellent multi-element data coverage over all 30 potential drill targets.
Jan 21, 2020 16:54 ET
Antler Gold Announces Closing of Brokered Private Placement
Halifax, Nova Scotia--(Newsfile Corp. - January 21, 2020) - Antler Gold Inc. (TSXV: ANTL) ("Antler") is pleased to announce that it has closed today the previously announced brokered private placement (the "Financing") for total gross proceeds to Antler of $690,000, comprised of 11,500,000 units of Antler (each, a "Unit") at $0.06 per Unit. Each Unit consists of one common share of Antler (a "Common Share") and one-half share purchase warrant (each whole warrant, a "Warrant"). Each Warrant is exercisable to purchase one common share of Antler at a price of $0.15 per share for a period of 24 months from the closing date of the Financing (the "Closing Date"). Insiders of Antler subscribed for a total of 3,800,000 Units under the Financing.
Jan 21, 2020 16:30 ET
West Kirkland Closes $1.0 Million Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - January 21, 2020) - West Kirkland Mining Inc. (TSXV: WKM) ("West Kirkland" or the "Company") announces that it has closed a private placement of common shares of the Company first announced on January 10, 2020. The Company issued an aggregate 16,673,334 common shares at a price of $0.06 per share for aggregate gross proceeds of $1,000,400 (the "Private Placement"). The Private Placement was completed with two of its major shareholders and six investors. A 6% cash finder's fee amounting to $21,360 was paid on a portion of the Private Placement, which was otherwise arranged by management.
Jan 21, 2020 16:27 ET
UrbanGold Announces Stock Option Grant
Ottawa, Ontario--(Newsfile Corp. - January 21, 2020) - The Board of Directors of UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") has approved, as of today, the granting of stock options (the "Options") for an aggregate of 650,000 common shares of the Company to its new Director elected at the last Annual General Meeting and its new Chief Financial Officer appointed in October 2019, in accordance with its stock option plan. The Options vest immediately, are exercisable at $0.125 per Option and have a term of 5 years. The Options are subject to the approval of the TSX Venture Exchange.
Jan 21, 2020 14:10 ET
Sixth Wave Innovations Inc. Announces Closing of $13.9 Million Oversubscribed Financing Package
Vancouver, British Columbia--(Newsfile Corp. - January 21, 2020) - Sixth Wave Innovations Inc. ("Sixth Wave" or, the "Company") is pleased to announce the final tranche of its previously announced financing package (the "Financing Package") by way of non-brokered private placement of common shares of the Company ("Common Shares") for gross proceeds of approximately $3.9 million. This final tranche brings the total amount raised under the Financing Package to $13.9 million at a price of $0.75 per common share.
Jan 21, 2020 12:07 ET
SEC Files Charges Against Scheme to Sell Fictitious Interests in Marijuana Company
Washington, D.C.--(Newsfile Corp. - January 21, 2020) - The Securities and Exchange Commission today announced charges against Guy S. Griffithe and Robert W. Russell, and three companies they controlled, for an alleged scheme that defrauded investors who thought they were purchasing interests in a Washington-licensed recreational cannabis company out of approximately $4.85 million.
Jan 21, 2020 11:45 ET
The Mint Corporation Announces Director Changes
Toronto, Ontario--(Newsfile Corp. - January 21, 2020) - The Mint Corporation (TSXV: MIT) ("Mint" or the "Company") wishes to announce that Mr. Neil Gilday has resigned his position as a director of Mint effective January 11, 2020. "On behalf of the board, I thank Neil for his contribution and wish him all the best in the future," said Vishy Karamadam, CEO of Mint.
Jan 21, 2020 11:00 ET
Advance Gold Intersects Sulphide Zone with Continuous Zinc Mineralization over 78 Metres with a Highlight Intersection of 1.10 m of 1.88% Zinc, 1.40% Lead, 77 g/t Silver and 0.198 g/t Gold at Tabasque
Kamloops, British Columbia--(Newsfile Corp. - January 21, 2020) - Advance Gold Corp. (TSXV: AAX) ("Advance Gold" or "the Company") is pleased to announce assay results from a 78 metre sulphide zone previously announced (see Dec. 24/2019 news release) from the Company's Tabasquena project in Zacatecas, Mexico.
Jan 21, 2020 10:31 ET
Bullfrog Gold Closes CAD$2 Million Equity Financing
Grand Junction, Colorado--(Newsfile Corp. - January 21, 2020) - Bullfrog Gold Corp (OTCQB: BFGC) (CSE: BFG) (FSE: 11B) ("Bullfrog", "BFGC" or the "Company") is pleased to announce the closing of a non-brokered private placement financing (the "Offering"). The Company issued 15,384,615 units (the "Units") at a price of CAD$0.13 per Unit for gross proceeds of CAD$2.0 million. Each Unit is comprised of one share of the Company's common stock and one half of a common share purchase warrant (a "Warrant"). Each Warrant entitles the holder thereof to acquire one common share at a price of CAD$0.20 for a period of two years.