Neometals {ASX: NMT} has confirmed they have shipped their inaugural cargo of lithim concentrate to the Ganfeng Lithium Company Ltd. in China.
This milestone puts Neometals on the map as a producer and exporter, a terrific turnaround from a few years ago, and Credit to Chris Reed and family for this achievement. Continue reading
Colonial Coal International Corp., {TSX.V: CAD} further to their news release of Feb. 6, 2017, has now completed the balance of its non-brokered private placement, pursuant to which the corporation has now issued an aggregate of 51,952,661 units of the corporation, at a subscription price of 15 cents per unit, raising aggregate gross proceeds to the corporation of $7,792,900
CAD has also cancelled the partial sale of the Flatbed property. Continue reading
Kootenay Silver Inc. {TSX.V: KTN} announced results from the seven remaining drill holes of its 3000 metre, phase I exploration drill program on mineralised targets proximal to its La Cigarra silver deposit in Chihuahua State, Mexico.
All seven holes intercepted significant widths of veining and varying grades of silver mineralisation confirming the presence of a large mineralised structure. Continue reading
Colonial Coal International Corp. {TSX.V: CAD} announced the initial closing of its previously announced (January 17, 2017) non-brokered private placement pursuant to which the Corporation has now issued an aggregate of 48,335,998 units of the Corporation (each, a “Unit“), at a subscription price of $0.15 per Unit.
The balance of the Private Placement is expected to complete today for an additional 3,616,663 Units, resulting in aggregate gross proceeds to the Corporation of $7,792,900 in the Private Placement. Continue reading
Bitcoin – The government of Venezuela, the beleaguered South American country struggling with a currency crisis, has closed down local Bitcoin mining, and their Bitcoin Exchange, Surbitcion, has had its banking facilities suspended.
This follows a surge in usage as Venezuelans used it to circumvent local currency regulations. Continue reading
Scorpio Gold Corp. {TSX-V: SGN} reported final results from its 2016 exploration drilling program at the Custer, Drinkwater Highwall and Mary LC Phase 4 target areas at its 70% owned Mineral Ridge project, located in Nevada. Continue reading
Minera IRL Ltd. {CSE: MIRL} the Peruvian based gold mining Company, announced that it will begin to trade on the Canadian Securities Exchange (“CSE”) from February 03 of 2017.
This follows a lengthy period of being suspended from trading following a double management upheaval, thankfully recently resolved.
Continue reading
Bitcoin – After the recent dramatic fall to under $800, albeit briefly, as a result of Chinese government changes to prevent speculation and capital flight, the price of Bitcoin is now back over $1,000. Continue reading
Zenyatta Ventures {TSX.V: ZEN} announced a new addition to the Board of Directors, as well as updates on the Company’s marketing and application development efforts and continued work on metallurgical testing. Continue reading
