Thursday, April 9, 2020

Update on Company Activities with Quentin Yarie, CEO of MacDonald Mines Exploration Ltd.

During the Coronavirus pandemic, we have seen a crash in the market and many junior mining and exploration companies have felt the effects with their market caps dropping substantially. However, times like these, present opportunities for investors to position themselves accordingly but with so many companies up for sale right now, it's hard to decide where to invest. The streams of information are slowing as social distancing becomes the norm and companies have seemingly gone quiet. We thought this would be a good time to submit Q&A's in order to get some of the answers investors are looking for. MacDonald Mines Exploration Ltd.is a Canadian gold exploration company, trading on the TSX Venture under the ticker BMK. The company is primarily involved in the identification, acquisition and development of prospective properties in Ontario and Quebec, Canada. Led by an experienced management and technical team, the Company has built a portfolio of safe-jurisdiction, infrastructure-rich projects that demonstrate the greatest market potential for return. The company’s main focus is the SPJ project just outside of Sudbury, Ontario. https://youtu.be/uFQU8DGbZ54 The company has been very busy drilling on the past producing Scadding mine site and establishing a 43-101 technical report in order to establish a resource. Macdonald Mines’ geologists have created a new geological model based on their interpretation of mineralization being associated with chlorite and sodic alteration, which can be seen across the property. The thought is that this is an IOCG related deposit and could extend well beyond the Scadding mine site and into the Power line and potentially the Jovan property as well.

Update on Company Activities with Vance White of Noble Minerals Exploration

During this Coronavirus pandemic, we have seen a crash in the market and many junior mining and exploration companies have felt the effects with their market caps dropping substantially. However, times like these, present opportunities for investors to position themselves accordingly but with so many companies up for sale right now, it's hard to decide where to invest. The streams of information are slowing as social distancing becomes the norm and companies have seemingly gone quite. We thought this would be a good time to submit Q&A's in order to get some of the answers investors are looking for. Noble Mineral Explorations Inc. is a Canadian-based junior exploration company holding in excess of 78,500 hectares of mineral rights in the Timmins/Cochrane area of Northern Ontario, upon which it plans to generate joint venture exploration programs to further expand on all its exploration and development programs.The Company also holds a portfolio of securities in its joint venture partners, plus a gold-streaming and royalty interest in the Wawa-Holdsworth Property. Most recently the Company spun out a Pure Play Nickel-Cobalt company named Canada Nickel Company (CNC.V), which is being headed up by Mr. Mark Selby. CNC will be developing the Crawford Nickel, Cobalt, PGE project which has proven to be the 12th largest nickel sulphide deposit in the world with only 20 percent of it drilled. Noble has also made another deal with Canada Nickel Company for 5 additional nickel+/-cobalt targets in 4 different townships. Furthermore, a private investor has stepped in to drill a very prominent, untested trend on Calder Township. With the royalty re-negotiated down to...

RJK EXPLORATIONS DISCOVERS 18 DIAMONDS FROM A 22.4KG (50 LB) CORE SAMPLE

Kirkland Lake, Ontario – April 1, 2020 – RJK Explorations Ltd. (TSXV: RJX.A, US OTC: RJKAF) (“RJK” or “the Company”) is pleased to announce that at least 18 natural diamonds, varying in colour, have been recovered in a 22.4 kg (50 lb) drill core sample. Four of the stones that appear natural are -0.212+0.150 mm in size. One is light yellow, one is light green and two are white in colour. These are mostly partially crystalline chips and are clear with single tiny inclusions in two of the stones. Seven of the stones thought to be natural are -0.150+0.106 mm in size. Five of these are clear white broken fragments, one is clear white with broken dodecahedral crystal faces and one is a light brown diamond fragment. Fifty-two diamonds were recovered that are -0.106 mm in size. Seven are tiny clear white chips thought to be natural. The remaining forty-five stones are described as tiny, clear yellow chips, but the tiny size limits determining whether or not these are synthetic stones from the drill bits used to recover the tested core, or alternately chips from natural stone(s). The mini-bulk sample was processed by CF Mineral Research Ltd. (CFM), an ISO 9001:2015 certified and 17025:2005 compliant laboratory, owned by Dr. Charles E. Fipke. This test result marks RJK’s first confirmation of diamonds in our search for the source of the 800-carat, yellow Nipissing Diamond. Kimberlite indicator minerals (KIMs) were also separated and tested, returning materially important results. A total of 28 KIM grain determinations were identified, that commonly derive from kimberlite sources, originating in the “diamond stability field.” The diamond stability field is located from depths of about 200 km in the earth at the lower boundary of the continental lithosphere with the...

RJK Explorations Completes Kimberlite Indicator Mineral Maps, and Retests 2019 Drill Core with CF...

Kirkland Lake, Ontario--(Newsfile Corp. - March 27, 2020) - RJK Explorations Ltd. (TSXV: RJX.A) (OTC: RJKAF) ("RJK" or "the Company") has received the results of the Company's 2019 kimberlite indicator mineral (KIM) summer sampling program, which visually illustrates the 0.25-0.50mm grain size contoured KIM trains within the Bishop North Lorrain claim block. Overburden Drilling Management processed 107 till samples with table weights normalized to 10kg per sample. KIM results were separated into five types - eclogitic garnets, G9 and G10 garnets, chrome diopsides, ilmenites, and chromites for presentation purposes. The highest result was 322 total KIMs taken down-ice of Little Grassy Lake, 37 of which were eclogitic garnets generally believed to originate deep within in the mantle, and 94 G9 and G10 garnets, which traditionally are used to determine favourable kimberlite sources with diamond potential. Nipissing Diamond Project KIM maps separating each type of indicator from the 2019 sampling program have been posted to RJK's website:https://www.rjkexplorations.com/bishop-north-lorrain-kim-maps/ The winter drilling program is currently focused on following up on a drone magnetic low target located under Grassy Lake, which is 500 meters up-ice from the highest KIM's in the dispersion train. Project Manager Peter Hubacheck explained, "Of the various methods of determining kimberlite drill targets, KIM sampling is crucial in our multi-disciplinary approach, helping us to prioritize potential kimberlites that might contain diamonds. The 2019 KIM train results confirm our belief that the North Lorrain...

RNC Announces Strong Fourth Quarter Results Including Gold Production of 26,874 oz, Adjusted Earnings...

RNC will host a call/webcast on March 26, 2020 at 10:00 a.m. (Eastern Time) to discuss the fourth quarter results. North American callers please dial:  1-888-231-8191, international callers please dial: (+1) 647-427-7450. For the webcast of this event click  (replay access information below). TORONTO, March 26, 2020 /CNW/ - RNC Minerals (TSX: RNX) ("RNC") announces its financial results and review of activities for the years ended December 31, 2019 and 2018. All amounts are expressed in Canadian dollars, unless otherwise noted. For additional information please refer to RNC's Management's Discussion & Analysis ("MD&A") and audited consolidated financial statements for the years ended December 31, 2019 and 2018. Highlights Gold Production Exceeded 2H19 Guidance: For the fourth quarter of 2019 production totalled 26,874 ounces. The second half of 2019 totalled 51,090 ounces, exceeding second half 2019 guidance of 42,000 to 49,000 ounces 2H19 All-in-sustaining-costs (AISC)1 Beats 2H19 Guidance: 2H19 AISC1 of US$1,144 per oz. was below the guided range of US$1,150-$1,250 per oz Consolidated 2020 Guidance reiterated: Production of 90,000-95,000 oz expected with AISC1 of US$1,050-$1,200 per oz. RNC is targeting AISC1 of ~US$1,000 per oz by the end of 2020. This assumes no significant interruption in operations as a result of the COVID-19 virus. Adjusted earnings1 of $13.7 million for the fourth quarter of 2019 and $15.9 million for full year 2019 Adjusted EPS2 was $0.02 and $0.03 for 4Q19 and 2019, respectively. Adjusted EBITDA1 was $14.4 million for 4Q19 and $18.3 million for 2019 Ongoing Cost Reductions: Consolidated AISC1 was US$1,131, for...

Recent Additions

Update on Company Activities with Quentin Yarie, CEO of MacDonald Mines Exploration Ltd.

During the Coronavirus pandemic, we have seen a crash in the market and many junior mining and exploration companies have felt the...

Update on Company Activities with Vance White of Noble Minerals Exploration

During this Coronavirus pandemic, we have seen a crash in the market and many junior mining and exploration companies have felt the effects with...

RJK EXPLORATIONS DISCOVERS 18 DIAMONDS FROM A 22.4KG (50 LB) CORE SAMPLE

Kirkland Lake, Ontario – April 1, 2020 – RJK Explorations Ltd. (TSXV: RJX.A, US OTC: RJKAF) (“RJK” or “the Company”) is pleased to announce...

Update on Company Activities With Bob Archer, CEO of Newrange Gold Corp.

During this Covid-19 pandemic, we have seen a crash in the market and many junior mining and exploration companies have felt the...