St. Anthony Gold Corp. ("St. Anthony" or "the Company") (CSE:STAG) (Frankfurt:M1N) (OTC PINK:MTEHF) has entered into a non-binding Letter of Intent (LOI) with Foxfire Metals Pty Ltd ("Foxfire"), an Australian Company, pursuant to which the Company intends to acquire a 75% interest in eight Brazilian exploration licenses ("the Brazilian Portfolio"); six for lithium and two for rare earth elements (REE
The Brazilian Portfolio
The Brazilian Portfolio totals 12,315 hectares of highly prospective lithium and REE exploration licenses, in the states of Minas Gerais and Bahia for lithium and Goas for REEs. Brazil is now recognized as one of the world's major high grade lithium producers confirmed by Tesla supplier recently securing off take agreements with Sigma Lithium Corporation's (TSX-V: SGML) subsidiary Brazilian Sigma Mineração SA (Sigma).
The Minas Gerais Project
Bahia Lithium Project
Goas REE Project
Commenting on the Transaction, Peter Wilson, CEO of St. Anthony stated, "We are excited about the proposed acquisition of a 75% interest in these highly prospective lithium and rare earth elements projects across three states in Brazil. Over the last number of months, management has been reviewing a range of potential acquisition opportunities to diversify our project portfolio; we believe that, given the location and commodity, these projects offer the Company the best opportunity to increase shareholder value."
"Brazil has seen increased interest from junior explorers and major mining houses, with the region being home to a number of lithium projects. The proposed (Foxfire) licenses provide an exciting opportunity for early-stage, green field exploration in a known lithium province, particularly given the close proximity of Sigma's property (~38km)."
"Our team will continue diligence work with the aim of initiating a maiden exploration program in November 2022. I am excited to be part of this new venture for St. Anthony and look forward to updating stakeholders and shareholders in due course."
Commercial Terms of the Transaction
The transaction allows St. Anthony to acquire an immediate 75% interest in the Brazilian Portfolio upon signing of the LOI and agreeing to:
Proposed Initial Exploration and Study Activities
An exploration program is being prepared to map and locate potential pegmatites for lithium as well as for REEs with the aim of identifying immediate drill targets.
The technical information contained in this news release has been reviewed and approved by Dr. Paul Woolrich (BSc Geology, MSc Geochemistry, PhD Metallurgy) who is a Member of the MAusIMM and a Qualified Person as defined under National Instrument 43-101.
FOR ADDITIONAL INFORMATION SEE THE COMPANY'S WEB SITE AT
https://stanthonygoldcorp.com
Email to [email protected]
Contact: Peter Wilson CEO – 604-649-0945
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Further information about the Company is available on www.SEDAR.com under the Company's profile.
SOURCE: St. Anthony Gold Corp.
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St. Anthony Gold Corp. ("St. Anthony" or "the Company") (CSE:STAG)(Frankfurt:M1N)(OTC PINK:MTEHF) is pleased to announce that it is pursuing the acquisition and advancement of assets in the battery metal and materials sector
STAG currently has the option to acquire 100% interest in the Burgeo Lithium asset located in Burgeo Newfoundland.
The Burgeo Lithium project consists of two mineral exploration licences containing 142 and 66 claims, respectively over 5,200 hectares.
Regional projects include:
The Company is actively negotiating further acquisitions in the battery metal and materials sector. The target assets are in key global jurisdictions, and it anticipates successful closure in the near term.
Additionally, the Company intends to maintain and or increase investment in past precious metal assets; however, the Company intends to pursue future acquisitions solely in the battery metal and materials sector.
FOR ADDITIONAL INFORMATION SEE THE COMPANY'S WEB SITE AT
https://stanthonygoldcorp.com
Email to [email protected]
Contact: Peter Wilson CEO – 604-649-0945
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Further information about the Company is available on www.SEDAR.com under the Company's profile.
SOURCE: St. Anthony Gold Corp.
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St. Anthony Gold Corp. ("St. Anthony" or the "Company") (CSE:STAG)(Frankfurt: M1N)(OTC PINK:MTEHF) is pleased to announce that it has entered into a right of exclusivity agreement (the "ROE") to acquire the Mallay Mine in Peru
The Mallay Mine is located five hours drive north of Lima and three kilometers from the community of Mallay. The 10,562 hectare Tres Cerros Au-Ag Project, mine and processing plant are currently in care and maintenance mode. The existing 600 tpd plant was constructed in 2010.
The Mallay Mine was developed, capitalized and permitted by the multi-billion dollar, globally recognized mining company Compania de Minas Buenaventura S.A.A. (NYSE: BVN), a company that adheres to the highest of industry standards. Buenaventura sold the property to the third party with whom the ROE was entered into with. As part of the ROE, the Company lent to the arms-length third party $200,000 as a demand loan at 8%.
Peter Wilson, CEO stated "The opportunity to acquire such an advanced asset that provides this level of depth in investment [cg1] and optionality, in my view, is unparalleled. The market is aggressively searching for projects quick to cash flow with district scale mineral potential in globally recognized jurisdictions."
The Company intends to conduct a thorough review of the existing resource base and mine development plan to bring the historical resources and reserves into current estimate status under National Instrument 43-101 and create a new mine plan that will incorporate bulk tonnage underground mining methods.
During the 90 days exclusivity period the Company shall complete further due diligence on the project and, if satisfied, negotiate terms of a definitive purchase agreement.
Additionally, the Company announces that Mr. Chris Foster has been appointed as chief financial officer. Mr. Foster is a consultant providing accounting and financial management services for both public and private companies across a broad spectrum of industries. Mr. Foster is the current chief financial officer for DGTL Holdings Inc, former chief financial officer for Perpetua Resources Corp, former controller for the Ivanhoe Group's Global Mining Management Corporation and Peregrine Diamonds Ltd, former controller for Roca Mines Inc and former accountant at Canadian Forest Products Ltd. Mr. Foster is a member of the Chartered Professional Accountants of Canada (CPA Canada).
FOR ADDITIONAL INFORMATION SEE THE COMPANY'S WEB SITE AT
https://stanthonygoldcorp.com
Email to [email protected]
Contact: Peter Wilson CEO – 604-649-0945
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Further information about the Company is available on www.SEDAR.com under the Company's profile.
Certain statements contained in this release may constitute "forward-looking statements" or "forward-looking information" (collectively "forward-looking information") as those terms are used in the Private Securities Litigation Reform Act of 1995 and similar Canadian laws. These statements relate to future events or future performance. The use of any of the words "could", "intend", "expect", "believe", "will", "projected", "estimated", "anticipates" and similar expressions and statements relating to matters that are not historical facts are intended to identify forward-looking information and are based on the Company's current belief or assumptions as to the outcome and timing of such future events. Actual future results may differ materially. In particular, this release contains forward-looking information relating to the business of the Company, the Property, financing and certain corporate changes. The forward-looking information contained in this release is made as of the date hereof and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, except as required by applicable securities laws.
[cg1] Want to quantify that by mentioning the $US$120 million in capitalized expenditures?
SOURCE: St. Anthony Gold Corp.
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St. Anthony Gold Corp. ("St. Anthony" or the "Company") (CSE:STAG)(Frankfurt:M1N)(OTC PINK:MTEHF) is pleased to announce that it has closed the previously announced sale of all of its rights and title to the Panama Lake Property (the "Property") to Trillium Gold Mines Inc.("Trillium
Trillium paid St. Anthony $500,000 in cash and issued 1,000,000 common shares in the capital of Trillium to the Company. In the event Trillium acquires a 100% interest in the Property, St. Anthony has a one-year option to cause Trillium to exercise its buy-back right to repurchase from Benton Resources one-half of the 2% net smelter royalty on the Property and convey such repurchased 1% net smelter royalty to St. Anthony in exchange for a cash payment by St. Anthony to Trillium of $1,000,000.
The common shares of Trillium Gold issued under the Purchase Agreement will be subject to a four-month holding period.
The Company also issued 3,000,000 bonus common units from treasury to management and consultants in respect to the closing of this transaction. Each unit consists of one common share and one common share warrant entitling the holder to one additional common share for $0.05 for a period of 2 years.
FOR ADDITIONAL INFORMATION SEE THE COMPANY'S WEB SITE AT
https://stanthonygoldcorp.com
Email to [email protected]
Contact: Peter Wilson CEO – 604-649-0945
Neither the Canadian Securities Exchange nor its Regulation Services Provider (as that term is defined in the policies of the Canadian Securities Exchange) accepts responsibility for the adequacy or accuracy of this release.
Further information about the Company is available on www.SEDAR.com under the Company's profile.
SOURCE: St. Anthony Gold Corp.
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TomaGold Corporation (TSXV: LOT) (OTCQB: TOGOF) (" TomaGold " or the " Corporation ") is pleased to announce the acquisition of 96 map-designated claims covering an area of 4,962.6 ha (or 50 km²), located 120 km southeast of Radisson and approximately 15 km south of the recently acquired claims in James Bay. The property will be known as Star Lake and has been the subject of geophysical surveys that have identified six rare earth element showings.
"The last two claim acquisitions allow TomaGold to diversify its assets in the critical metals sector at low cost," said David Grondin, President and CEO of TomaGold. "The lithium and rare earth element markets are growing rapidly due to the scarcity of these metals and the acquisition of these properties represents opportunities that could not be passed up. This will only strengthen our portfolio of eight properties, including our flagship Obalski project, with results pending from the latest drill program."
The Corporation has completed a recompilation of the available data and has updated the set of surface samples that were discovered in 2008. The Corporation is excited to present some of the best results that will be the subject of future exploration work.
Table 1: Best results from the main rare earth element showings¹
(Source: MERN SIGEOM site, 2008)
¹ The results contained in the table are historical. A TomaGold qualified person has not performed sufficient work to validate these results as defined by NI 43-101. Although the historical results may not be reliable, the Corporation nevertheless believes that they provide an indication of the property's potential and are relevant for any future exploration program.
Mr. Grondin added, "When we look at the table numbers, it is the NdPr/TREE ratios that catch our attention the most, as they are above 0.24. For reference purposes, a ratio greater than 0.20 is considered good, while a ratio greater than 0.24 is considered excellent by rare earth element producers. The Star Lake property appears to have interesting exploration potential and remains highly underexplored. We will soon begin a prospecting program, which will allow us to validate the historical results and better understand the geological potential of the property."
As part of the sampling work done in 2008, a total of 14 samples returned zirconium (Zr) values that met the maximum detection limit of 500 ppm and were not further tested to determine the true values. The Corporation will also perform additional work to properly evaluate those previous results.
The technical content of this press release has been reviewed and approved by André Jean, P.Eng., the Corporation's Director of Exploration and a qualified person under National Instrument 43-101.
About TomaGold
TomaGold Corporation (TSXV: LOT) (OTCQB: TOGOF) is a Canadian mineral exploration company engaged in the acquisition, assessment, exploration and development of gold, lithium and rare earth element projects. TomaGold holds interests in five gold properties near the Chibougamau mining camp in northern Quebec: Obalski, Monster Lake East, Monster Lake West, Hazeur and Doda Lake, as well as a 24.5% interest through a joint venture with Evolution Mining Ltd. and New Gold Inc. in the Baird property, located near the Red Lake mining camp in Ontario. In addition, it owns a 100% interest in a lithium property and in the Star Lake rare earth elements property, located in the James Bay region of Quebec.
Contact:
David Grondin
President and Chief Executive Officer
(514) 583-3490
www.tomagoldcorp.com
Neither the TSX Venture Exchange nor its regulation services provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this news release. Some of the statements contained in this press release are forward-looking statements within the meaning of applicable securities laws. Forward-looking statements can be identified by the use of words such as "expects", "intends", "is expected", "potential", "suggests" or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "might" or "will" be taken, occur or be achieved. Forward-looking statements are not historical facts and are subject to a number of risks and uncertainties beyond the Corporation's control. Readers are cautioned that such statements are not guarantees of future performance and that actual results and developments are likely to differ, and may differ materially, from those expressed or implied by the forward-looking statements contained in this press release. Accordingly, readers should not place undue reliance on forward-looking statements. The Corporation undertakes no obligation to publicly update or revise any forward-looking statements, except as required by law.
A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/7e9f64c6-ee76-45f7-bd07-ebee2f2bf34e 
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Snowline Gold Corp. (CSE:SGD) (OTCQB:SNWGF) (the "Company" or "Snowline") is pleased to announce it has completed the previously announced acquisition of a large portfolio of Yukon Territory exploration assets from StrikePoint Gold Inc. (TSXV:SKP), an arm's length party, in exchange for (i) the payment of $500,000 in cash, and (ii) the issuance of 500,000 common shares (the "Consideration Shares") of the Company
"The StrikePoint portfolio comprises ten gold properties in the Yukon's Selwyn Basin, complementing our existing portfolio and exploration efforts well," said Scott Berdahl, CEO & Director of Snowline. "Most notably, the ‘Golden Oly' project covers at least seven distinct reduced intrusion-related gold targets. Each target is geologically similar to our ongoing Valley discovery on our Rogue Project. Based on that success, this is ground we would have staked if it were open. Instead, we have acquired not just the properties, but also extensive geochemical, geophysical and geological datasets which will accelerate our exploration efforts-all for roughly the cost of staking. We will apply our growing knowledge of reduced intrusion-related gold systems and of the Selwyn Basin to build on our track record of discovery."
Figure 1 – Project location map for Snowline Gold's flagship eastern Selwyn Basin properties. Golden Oly is located south of Rogue, covering a cluster of intrusion-related gold targets in the vicinity of the Yukon's North Canol Road.
The Consideration Shares are subject to a statutory hold period of four months and one day, expiring on February 21, 2023, in accordance with applicable Canadian securities laws. The Consideration Shares are also subject to a contractual hold period of six months, expiring on April 20, 2023.
ABOUT Snowline Gold Corp.
Snowline Gold Corp. is a Yukon Territory focused gold exploration company with a seventeen-project portfolio covering >254,000 ha. The Company is exploring its flagship >111,000 ha Einarson and Rogue gold projects in the highly prospective yet underexplored Selwyn Basin. Snowline's project portfolio sits within the prolific Tintina Gold Province, host to multiple million-ounce-plus gold mines and deposits including Kinross' Fort Knox mine, Newmont's Coffee deposit, and Victoria Gold's Eagle Mine. The Company's first-mover land position and extensive database provide a unique opportunity for investors to be part of multiple discoveries and the creation of a new gold district.
ON BEHALF OF THE BOARD
Scott Berdahl
CEO & Director
For further information, please contact:
Snowline Gold Corp.
+1 778 650 5485
[email protected]
CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS
This news release contains certain forward-looking statements, including statements related to the similarities of the StrikePoint portfolio to the Company's ongoing Valley discovery on its Rogue Project, the acceleration of exploration efforts, the opportunity for investors to be part of multiple discoveries and the creation of a new gold district. Wherever possible, words such as "may", "will", "should", "could", "expect", "plan", "intend", "anticipate", "believe", "estimate", "predict" or "potential" or the negative or other variations of these words, or similar words or phrases, have been used to identify these forward-looking statements. These statements reflect management's current beliefs and are based on information currently available to management as at the date hereof.
Forward-looking statements involve significant risk, uncertainties and assumptions. Many factors could cause actual results, performance or achievements to differ materially from the results discussed or implied in the forward-looking statements. Such factors include, among other things: risks related to uncertainties inherent in drill results and the estimation of mineral resources; and risks associated with executing the Company's plans and intentions. These factors should be considered carefully, and readers should not place undue reliance on the forward-looking statements. Although the forward-looking statements contained in this news release are based upon what management believes to be reasonable assumptions, the Company cannot assure readers that actual results will be consistent with these forward-looking statements. These forward-looking statements are made as of the date of this news release, and the Company assumes no obligation to update or revise them to reflect new events or circumstances, except as required by law.
SOURCE: Snowline Gold Corp.
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Puma Exploration Inc. (TSXV: PUMA, OTCQB: PUMXF) (the "Company" or "Puma") is pleased to announce that grab* samples collected at the new Jaguar Gold Zone ("JGZ") at its 100%-owned Williams Brook Gold Project in Northern New Brunswick, have returned up to 34.70 gt Au (Figure 1).
High-grade gold mineralization at the Jaguar Gold Zone is found in altered rhyolite associated with pervasive pyrite mineralization (Figure 2). Other grab* samples returned significant values such as 18.30 g/t Au , 16.85, 16.30 g/t Au, 16.25 g/t Au, and 12.90 g/t Au. Gold mineralization occurs along a favourable rhyolite/sediment contact near a major fault and its subsidiaries.
The JGZ hosts a gold-enrichment zone that spans 80 m by 50 m and remains open in all directions (Figure 3). The gold mineralization at the JGZ is associated with quartz-pyrite veinlets and could be as significant and widespread as that found at the Lynx Gold Zone. Today's results indicate that gold mineralization at Williams Brook could be very extensive and that other gold-mineralized zones are expected within the 40,000-ha project.
FIGURE 1: Location of grab* samples at the Jaguar Gold Zone
https://www.globenewswire.com/NewsRoom/AttachmentNg/23428cbe-9eb1-4da2-9d5b-258318dc1d22
FIGURE 2: High-grade gold grab* samples at the Jaguar Gold Zone
https://www.globenewswire.com/NewsRoom/AttachmentNg/c584e9c2-aa1a-4709-8cb2-a66b761b0cb0
THE JAGUAR GOLD ZONE
The Jaguar Gold Zone, located about 5 km northeast of the Lynx Gold Zone ("LGZ"), was briefly explored in 2008 by previous operators. At that time, soil anomalies and trenching identified gold mineralization at surface. Subsequent drilling returned 2.10 g/t Au over 9.00 m within a lower grade envelope of 0.52 g/t Au over 55.00 m in hole WB-08-03. No additional work was carried out until Puma stepped in in 2020.
Puma trenched and stripped the JGZ this summer to follow up on the 2008 results (see Figure 3). Puma successfully applied its discovery model developed at the Lynx Gold Zone to this new property area. This systematic approach led to another gold discovery at the Jaguar Gold Zone with much higher gold grades than reported historically.
Two hundred seven (207) samples were collected this summer at the JGZ with an average grade of 1.67 g/t Au. 59 samples assayed above 1.00 g/t Au (28.5%) and 35 samples between 0.10 g/t Au to 1.00 g/t Au (16.9%). One hundred (100) additional samples were collected recently and sent to the lab. Results will be announced when received.
The work completed at the JGZ (see Image 1) is part of Puma's ongoing strategy to build a potential gold camp at the Williams Brook Gold Project by testing highly-prospective areas on the large land package while prioritizing the development of the Lynx Gold Zone .
FIGURE 3: Gold mineralization at Jaguar Gold Zone
https://www.globenewswire.com/NewsRoom/AttachmentNg/6e347a71-2e11-469d-9bc2-5d2e42bea0c2
Image 1: Ongoing stripping and trenching at the Jaguar Gold Zone
https://www.globenewswire.com/NewsRoom/AttachmentNg/fdc6f2f6-9fb6-441b-8381-56e874f72d01
Table 1: Grab* samples over 5.00 g/t Au from the Jaguar Gold Zone
*The reader is cautioned that grab samples are selective by nature and may not be representative of the true metal content of the mineralized zone.
ABOUT THE WILLIAMS BROOK GOLD PROJECT
The Williams Brook Project is comprised of 6 claim blocks covering more than 46,000 ha in an established and mining-friendly jurisdiction, near paved roads and with excellent infrastructure nearby (Figure 4). The land package is located near the Rocky Brook Millstream Fault ("RBMF"), a major regional structure formed during the Appalachian Orogeny and a significant control for gold deposition in the region.
The Lynx Gold Zone ("LGZ") is Puma's main area of focus. It was discovered in 2020 by high-grade surface samples and later recognized at depth in 2021 by hole WB21-02 that intersected 5.55 g/t Au over 50.15 m from surface, including two high-grade gold veins with 9.88 g/t Au over 8.60 m and 46.94 g/t Au over 3.85 m . A follow-up 10,000 m (113 holes) drilling program identified several new high-grade veins at Lynx, including 51.73 g/t gold over 1.85 m (WB 22-66), 34.93 g/t gold over 3.00 m (WB22-23), and 22.38 g/t Au over 3.20 m (WB22-36)and identified three (3) gold enrichment zones along the 750 m strike length stripped to date.
The LGZ is interpreted to be a mineralized felsic dome within a large gold system. The high-grade gold mineralization is characterized by finely disseminated gold in quartz (veins, veinlets, stockworks, breccias) at the contact between rhyolite and sediments. The contact allowed for the movement of gold-bearing fluids and is characterized by highly silicified iron oxide carbonates and intense sericite alteration.
A large orogenic/epithermal gold system is present at Williams Brook. Surface exploration work has identified several additional gold targets along the extension of the OGT and other gold trends on the large land package, including the recently uncovered Cougar and Jaguar Gold Zones.
FIGURE 4: The Williams Brook Gold Project
https://www.globenewswire.com/NewsRoom/AttachmentNg/34a8a5b6-e647-464b-ad87-162b3a9694a8
QUALIFIED PERSON
Dominique Gagné, PGeo, a qualified person as defined by Canadian National Instrument 43-101 standards, has reviewed and approved the geological information reported in this news release.
ON-SITE QUALITY ASSURANCE/QUALITY CONTROL ("QA/QC") MEASURES
Grab samples were bagged, sealed and sent to the facility of ALS CHEMEX in Moncton, New Brunswick, where each sample was dried, crushed, and pulped before being fire-assayed (Au-ICP21). The remaining coarse reject portions of the samples remain in storage for further work or verification as needed. As part of its QA/QC program, the Company inserts external gold standards (low to high grade) and blanks for every batch of surface samples. All samples over 10 g/t gold or with abundant visible gold are analyzed with a gravity finish (Au-GRA22). Check assays are routinely performed for samples with visible gold to ascertain the gold content of the mineralization zone.
ABOUT Puma Exploration
Puma Exploration is a Canadian-based mineral exploration company with precious metals projects located near the Famous Bathurst Mining Camp ("BMC") in New Brunswick, Canada. The Company is committed to its DEAR strategy (Development, Exploration, Acquisition and Royalties) to generate maximum value for shareholders with low share dilution.
Connect with us on Facebook / Twitter / LinkedIn
Visit www.explorationpuma.com for more information or contact:
Marcel Robillard , President and CEO, (418) 750-8510; [email protected]
Mia Boiridy , Head of Investor Relations and Corporate Development, (250) 575-3305; [email protected]
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this release.
Forward-Looking Statements: This press release may contain forward-looking statements. Such forward-looking statements involve a number of known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of Puma to be materially different from actual future results and achievements expressed or implied by such forward-looking statements. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date the statements were made, except as required by law. Puma undertakes no obligation to publicly update or revise any forward-looking statements. These risks and uncertainties are described in the quarterly and annual reports and in the documents submitted to the securities administration. 
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The Canadian Securities Exchange ("CSE" or "the Exchange") today announced its market statistics for the month of September 2022.
September 2022 Operating Statistics
"The CSE continues to generate stellar listings growth," said Richard Carleton, CSE Chief Executive Officer. "Thirteen new companies listed on our exchange in September, representing a three-month high, including four companies that completed initial public offerings. Over the first nine months of 2022, 21 IPOs were completed on the CSE, representing more than half of all Canadian IPOs this year.[1] This activity highlights the strong global reputation of the CSE and the resilience of emerging entrepreneurial companies. We firmly believe that we provide the best public market fit for entrepreneurs seeking to minimize their cost of capital and maximize trading liquidity."
Introduction of CSE2 – A Second Trading Facility
During September 2022, the CSE's proposal to launch an additional trading facility ("CSE2") was approved by the Ontario Securities Commission and British Columbia Securities Commission.
The introduction of CSE2 is a response to the significant increase in retail investor activity in recent years. The new facility is designed to assist investment dealers in managing their trade execution costs, while ensuring that investors in CSE-listed companies continue to have access to the most liquidity on the Exchange.
CSE2 is scheduled to launch on October 24.
What's On at the CSE
Tech Tuesdays webinars have returned. The second half of Season 2 has already featured deep dives into precision medical technology, AgTech and cleantech. Stay tuned for future episodes featuring a mix of public and private companies harnessing disruptive, cutting-edge technology across a wide range of industries. The webinars last for one hour and air on Tuesdays at 4:15 p.m. EST (1:15 p.m. PST). The episodes are also archived on CSE TV, the Exchange's YouTube channel.
CSE team members will be visiting Israel and Australia in the first half of November to connect with existing issuers and to support the Exchange's continued growth. Entrepreneurs in these countries that wish to meet with the CSE team are encouraged to reach out to us via email at [email protected].
The CSE is pleased to be participating in the 11th annual MJBizCon, the world's largest cannabis conference, taking place in Las Vegas on November 15-18. Conference participants are invited to visit the CSE at Booth #1216. Registration is available here.
New Listings in September 2022
ISM Resources Corp. (ISM)
Troy Minerals Inc. (TROY)
New Break Resources Ltd. (NBRK)
Targa Exploration Corp. (TEX)
RDARS Inc. (RDRS)
Sasquatch Resources Corp. (SASQ)
Scope Carbon Corp. (SCPE)
Pure to Pure Beauty Inc. (PPB)
Big Gold Inc. (BG)
Peak Minerals Ltd. (PEK)
Spirit Blockchain Capital Inc. (SPIR)
Taurus Gold Corp. (TAUR)
Silverfish Resources Inc. (SF)
About the Canadian Securities Exchange:
The Canadian Securities Exchange is a rapidly growing stock exchange focused on working with entrepreneurs to access the public capital markets in Canada and internationally. The Exchange's efficient operating model, advanced technology and low fee structure help companies of all sizes minimize their cost of capital and maximize access to liquidity.
The CSE offers investors in Canada and abroad access to a multi-sector collection of growth companies through a liquid, reliable and highly regulated trading platform. The Exchange is dedicated to entrepreneurship and has established itself as a leading hub for discourse in the entrepreneurial community.
STAY CONNECTED WITH THE CSE
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CSE TV on YouTube: https://www.youtube.com/csetv
Linkedin: https://ca.linkedin.com/company/canadian-securities-exchange
Facebook: https://www.facebook.com/CanadianSecuritiesExchange/
Twitter: https://twitter.com/CSE_News
Blog: https://blog.thecse.com/
Website: https://thecse.com/
Contact:
Richard Carleton, CEO
416-367-7360
[email protected]
[1] Excluding Capital Pool Companies and Special Purpose Acquisition Companies. Based on data provided by CPE Analytics. CPE's review of the Canadian IPO market is summarized here.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/141282
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Japan Gold Corp. (TSXV: JG) (OTCQB: JGLDF) ("Japan Gold" or the "Company") is pleased to provide an update on exploration activities at the 100% owned Ikutahara Project in Hokkaido, Japan, (Figure 1).
Ryuo Prospect
Two additional drill holes are planned at the Ryuo Prospect for late 2022 to follow up on the high-grade gold drill intercepts from the 2021 and recent round of drilling, and other priority targets. Previous drilling has tested beneath five areas of workings; Jinja, Shouei, Taisei, Ryuei and Buryu that were developed along a 1.2 km long, open ended trend of alteration and mineralization prior to the government-imposed closure in 1943. Historical underground sampling in the Jinja vein workings revealed high-grade gold-silver mineralization which was sampled along a 72 m strike length giving an average grade of 40.8 g/t Au and 193 g/t Ag, with an average vein width approximately 0.5 m.
For more information on the Ryuo prospect, refer to the Company's news release dated 11th October 2022.
Saroma Prospect
Six drill holes have now been completed at the Saroma prospect. Four drill holes were initially planned to test a 1 km strike length of the Saroma prospect. The four initial drill holes all intersected significant quartz vein zones up to 8 m wide of banded and brecciated chalcedonic quartz with ginguro banding. Based on these encouraging intersections an additional two holes were completed to test continuity of the vein zones to depth. The additional two deeper drill holes also intersected significant quartz vein zones with similarly low-temperature chalcedonic textures indicating good preservation of the vein system. The six drill holes completed at Saroma between July and September comprise a total of 1,308.8 m, all drill core samples are now at the lab with results expected by early December.
The Saroma prospect lies at the northeast end of a major 3.5 km long fault zone which also hosts the Chitose and Taiho historical mine workings, refer to the Company's news release dated 17th August 2022 for more information on the Saroma prospect.
Kitano-o Prospect
Drilling is underway at the east side of the Kitano-o prospect where two of the Company's PMC700 drill rigs are currently operating. One of three planned deep drill-holes has been completed and another two drill holes are in progress and expected to be completed by early November. The initial three scout drill holes at east Kitano-o are targeting combined geochemical and geophysical anomalies below historic workings and adjacent to major graben and rhyolite dome structures proximal to the Cretaceous basement interface. For more information on the Kitano-o prospect refer to the Company's news release dated 19th February, 2020.
Ikutahara 2022 Surface Exploration Programs
Soil sampling programs are ongoing at the Ikutahara Project to extend soil grids along the graben-margin north and south of the Kitano-o prospect and over extensions of the alteration zone at the Ryuo prospect, (Figure 1). These soil sampling programs are aimed at defining poorly exposed or concealed vein systems by their combined alteration footprints and pathfinder mineral assemblages. Definition of significant anomalous footprints can then be ranked and further advanced towards drill targeting with focused geophysical surveys such as CSAMT and induced polarization.
On behalf of the Board of Japan Gold Corp.
"John Proust"
Chairman & CEO
Qualified Person
The technical information in this news release has been reviewed and approved by Japan Gold Vice President of Exploration and Country Manager, Andrew Rowe, BAppSc, FAusIMM, FSEG, who is a Qualified Person as defined by National Instrument 43-101.
About Japan Gold Corp.
Japan Gold Corp. is a Canadian mineral exploration company focused solely on gold exploration across the three largest islands of Japan: Hokkaido, Honshu and Kyushu. The Company has a country-wide alliance with Barrick Gold Corporation to jointly explore, develop and mine certain gold mineral properties and mining projects. The Company holds a portfolio of 31 gold projects which cover areas with known gold occurrences, a history of mining and are prospective for high-grade epithermal gold mineralization. Japan Gold's leadership team represent decades of resource industry and business experience, and the Company has an operational team of geologists, drillers and technical advisors with experience exploring and operating in Japan. More information is available at www.japangold.com.
For further information please contact:
John Proust
Chairman & CEO
Phone: +1 778-725-1482
Email: [email protected]
Website: www.japangold.com
Cautionary Note
Neither the TSX Venture Exchange nor its Regulation Services Provider (as such term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release. This news release contains forward-looking statements relating to expected or anticipated future events and anticipated results related to future partnerships and the Company's 2022 gold exploration program. These statements are forward-looking in nature and, as a result, are subject to certain risks and uncertainties that include, but are not limited to, general economic, market and business conditions; competition for qualified staff; the regulatory process and actions; technical issues; new legislation; potential delays or changes in plans; working in a new political jurisdiction; results of exploration; the timing and granting of prospecting rights; the Company's ability to execute and implement future plans, arrange or conclude a joint-venture or partnership; and the occurrence of unexpected events. Actual results achieved may differ from the information provided herein and, consequently, readers are advised not to place undue reliance on forward-looking information. The forward-looking information contained herein speaks only as of the date of this News Release. The Company disclaims any intention or obligation to update or revise forward‐looking information or to explain any material difference between such and subsequent actual events, except as required by applicable laws.
Figure 1: Ikutahara Project: simplified geology, historical mines and workings, 2022 prospect drilling areas and soil grids.
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Four holes completed, hole #5 underway
Prismo Metals Inc. (CSE: PRIZ) (OTCQB: PMOMF) (the "Company" or "Prismo") is pleased to provide an update on the current drill program at its Palos Verdes project, located in the historic Panuco-Copala district of the state of Sinaloa, Mexico. A total of 1,203 meters have been drilled to date out of a planned minimum of 2,000 metres. The Company expects to complete the current drilling in early November. The Palos Verdes property is contiguous to the Panuco silver-gold project of Vizsla Silver Corp.
The drilling program is designed to test the Palos Verdes vein at depths where it is believed that potential for a large ore shoot is present, similar to the drilling accomplished by Vizsla Silver Corp. on their adjacent land package. Four holes have now been completed and the fifth hole is in progress.
Technical Summary
Drill hole data for holes from the ongoing program:
*PV-22-15 initiated on Oct 18, 2022. Coordinates in UTM WGS84 using handheld Garmin GPS.
"Much wider structural zones were intersected in the current drilling than in previous shallow drilling, which cut mainly discrete quartz veins hosted by andesitic wall rocks. Although not yet assayed, the wider zones with multiple stages of mineralization provides additional opportunities to encounter significant high-grade mineralization that the district is known for. The veins are multistage with several crosscutting and brecciation events, and exemplary epithermal vein textures are visible in the core. Another new feature of these deeper intercepts is the presence of darker gray quartz with sulfides and some fracture fillings of sulfide minerals with relatively minor gray quartz fill in the andesitic rocks adjacent to discrete quartz veins," said Prismo President and CEO Craig Gibson.
He added: "As announced on October 11, 2022, after analyzing Vizsla Silver's recent drill data, Prismo adopted a new protocol for sampling in the same fashion as Vizsla Silver over the wide structural zones, including in wallrocks with quartz veinlets. Additional sampling of the second and third holes has been completed and hole #4 samples are currently being prepared, as well as some from the holes from previous campaigns. A shipment to the lab is expected late this week. Assay results will be announced after the Company receives and analyzes the results for the first four holes."
Holes #2 and #3 (PV-22-12 & 13)
The structural zone in hole PV-22-12 measured 29 meters along the core, and the structural zone in hole PV-22-13 measured 36 meters downhole. The true width of the reported intercepts is believed to be about 60% of the reported downhole lengths, or about 17.4 meters and 21.6 meters estimated true width respectively.
The Palos Verdes structure in holes #2 and #3 is observed to be dividing into multiple strands with variable amounts of veinlet mineralization in the andesite wall rock between them. Discrete quartz veins, measuring from 0.5 to 2 meters in width, are multistage and have locally abundant sulfide minerals in bands, mainly pyrite and sphalerite but locally with galena, chalcopyrite and possible silver sulfide. The boundaries of the structural zone are commonly observed to be sheared or brecciated and may contain fragmented vein material as well as sulfide minerals.
Hole #4 (PV-22-14)
The fourth hole of the current drilling campaign was drilled about 200 meters southwest of the previous holes near the southwestern limit of the Palos Verdes concession. A similar wide structural zone measuring about 70 meters downhole was intersected. The true width of the reported intercepts is believed to be about 60% of the reported downhole length, or 42 meters estimated true width.
Several discrete multistage quartz veins measuring about 0.5 to 9 meters in width as well as local zones of gray quartz veins and breccia matrix are present over the 70-meter downhole structural interval. Gray quartz contains locally abundant sulfide minerals, mostly pyrite and sphalerite but locally with galena, chalcopyrite and possibly acanthite. Some of these veins show gray quartz and sulfide minerals filling fractures and breccias. Cross-cutting milky quartz veins with late amethyst filling stand out in contrast with the darker quartz and wall rock. There is more post mineral shearing and brecciation than observed in previous holes. 
Cross section through hole #4 (PV-22-14) showing interpreted Palos Verdes structure.
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Longitudinal vein projection showing assays from selected rock samples and drill intercepts as well as drill intersections from the current program (no assays) and planned intersections.
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Photos of selected portions of the structural intercepts in holes #3 (PV-22-13) and #4 (PV-22-14) are presented below and on the Prismo website.
The intercepts reported today are about 50 to 125 meters below previous shallow drilling that had several high-grade intercepts, with the best being 2,336 g/t Ag and 8.42 g.t Au over a true width estimated at 0.8 meters within a larger mineralized interval with 1,098 g/t Ag and 3.75 g/t Au over a true width of 2.3 meters (see Prismo's news releases dated September 30 and December 20, 2020).
Hole #3 (PV-22-13) 130.8 to 136.9 meters, boxes 61-63, showing dark and light quartz veins, veinlets and breccia filling with sulfide minerals cutting andesite wall rock.
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Hole #3 (PV-22-13) 139.1 to 142.9 meters, boxes 65-67, showing dark and light quartz veins, veinlets and breccia filling with sulfide minerals cutting andesite wall rock sheared contact at right.
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Hole #4 (PV-22-14) 178.3 to 184.9 meters, boxes 80-82, showing light colored and dark gray quartz veins, veinlets and breccia filling with sulfide minerals cutting andesitic wall rock.
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Hole #4 (PV-22-14), 193.55 to 200.0 meters, boxes 87-89, showing 2.5 meter multistage quartz vein on the left with wall rock andesite cut by abundant narrow quartz veins and veinlets.
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Hole #4 (PV-22-14) interval from 219.45 to 232.65, boxes 99 to 104, showing 9 meter wide multistage quartz vein in variably mineralized andesite.
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Hole #4 (PV-22-14) interval from 219.45 to 232.65, boxes 99 to 104, showing 9 meter wide multistage quartz vein in variably mineralized andesite.
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Dr. Craig Gibson, PhD., CPG., a Qualified Person as defined by NI-43-01 regulations and President, CEO and a director of the Company, has reviewed and approved the technical disclosures in this news release.
About Palos Verdes
The Palos Verdes project is located in the historic Pánuco-Copala silver-gold district in southern Sinaloa, Mexico, approximately 65 kilometers NE of Mazatlán, Sinaloa, in the Municipality of Concordia. The Palos Verdes concession (claim) covers 700 meters of strike length of the Palos Verdes vein, a member of the north-easterly trending vein family located in the eastern part of the district outside of the area of modern exploration. Shallow drilling (see table of intercepts at www.prismometals.com). This mineralization is open in all directions and the currently planned drilling program is designed to follow it along strike and to depth.
The Palos Verdes property is contiguous to the Panuco silver-gold project of Vizsla Silver Corp. The current drill program is designed to test the Palos Verdes vein and a structural intersection with a second vein at depths where it is believed that potential for a large ore shoot is present, similar to the drilling accomplished by Vizsla Silver on their adjacent land package.
About Prismo
Prismo (CSE: PRIZ) is junior mining company focused on precious metal exploration in Mexico.
Contact: Craig Gibson, Chief Executive Officer and Director
1100 – 1111 Melville St., Vancouver, British Columbia V6E 3V6
[email protected]
Jason Frame, Manager of Communications
[email protected]
Neither the Canadian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
This press release contains forward-looking statements and forward-looking information (collectively, "forward-looking statements") within the meaning of applicable Canadian securities legislation. All statements other than statements of historical fact, including without limitation, statements regarding the anticipated content, commencement and exploration program results, the ability to complete future financings, required permitting, exploration programs and drilling, and the anticipated business plans and timing of future activities of the Company, are forward-looking statements. Forward-looking statements are typically identified by words such as: believe, expect, anticipate, intend, estimate, postulate and similar expressions, or are those, which, by their nature, refer to future events. Although the Company believes that such statements are reasonable, it can give no assurance that such expectations will prove to be correct.
The Company cautions investors that any forward-looking statements by the Company are not guarantees of future results or performance, and that actual results may differ materially from those in forward looking statements as a result of various factors, including, but not limited to, the state of the financial markets for the Company's equity securities, the state of the commodity markets generally, variations in the nature, the analytical results from surface trenching and sampling program, including diamond drilling programs, the results of IP surveying, the results of soil and till sampling program. the quality and quantity of any mineral deposits that may be located, variations in the market price of any mineral products the Company may produce or plan to produce, the inability of the Company to obtain any necessary permits, consents or authorizations required, including CSE acceptance, for its planned activities, the inability of the Company to produce minerals from its properties successfully or profitably, to continue its projected growth, to raise the necessary capital or to be fully able to implement its business strategies, the potential impact of COVID-19 (coronavirus) on the Company's exploration program and on the Company's general business, operations and financial condition, and other risks and uncertainties. All of the Company's Canadian public disclosure filings may be accessed via www.sedar.com and readers are urged to review these materials, including the technical reports filed with respect to the Company's mineral properties.
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