Posts tagged "Resource"

Penny Stock News: Ivanhoe Mines Ltd. (IVPAF: OTCQX International Premier) | Ivanhoe Mines files NI 43-101 technical report on the new, independently verified Mineral Resource estimate for the Kakula Copper Discovery in the Democratic Republic of Congo

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov 25, 2016) – Ivanhoe Mines (TSX:IVN)(OTCQX:IVPAF), announced today that, further to its news release dated October 12, 2016, the company has filed a National Instrument 43-101 technical report on the new, independently verified Mineral Resource estimate for the high-grade Kakula Copper Discovery at the Kamoa-Kakula Project in the Democratic Republic of Congo (DRC). The Kamoa-Kakula Project is a joint venture between Ivanhoe Mines, Zijin Mining and the DRC government. The Kakula Mineral Resource estimate was prepared by Ivanhoe Mines under the direction of Dr. Harry Parker and Gordon Seibel, both RM SME, of Amec Foster Wheeler E&C Services Inc., of Reno, Nevada, USA. Dr. Parker and Mr. Seibel are the Qualified Persons for the estimate, which has an effective date of October 9, 2016. The Independent NI 43-101 Technical Report was prepared by OreWin Pty Ltd., Amec Foster Wheeler E&C Services Inc. and SRK Consulting (South Africa) (Pty) Ltd. The report – titled Kamoa-Kakula 2016 Resource Technical Report, November 18, 2016 – has been filed on the SEDAR website at www.sedar.com and on the Ivanhoe Mines website at www.ivanhoemines.com. Copyright © 2016 Marketwired. All Rights Reserved The above news release has been provided by the […]

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Posted by admin - November 25, 2016 at 11:45 pm

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Penny Stock News: Royal Energy Resources, Inc. (ROYE: OTCQB) | Rhino Resource Partners LP Announces Appointment of Chief Executive Officer

LEXINGTON, KY–(Marketwired – Nov 22, 2016) – Rhino Resource Partners LP (OTCQB: RHNO) (“Rhino” or the “Partnership”) today announced that the board of directors of Rhino GP LLC (“Rhino GP”), the general partner of Rhino, appointed Richard A. Boone as Chief Executive Officer (“CEO”) of Rhino GP, effective as of January 1, 2017. Mr. Boone has served as President of Rhino GP since September 2016 and prior to that as Executive Vice President and Chief Financial Officer since June 2014. Mr. Boone will succeed Joseph E. Funk, who has served as CEO of Rhino GP since November 2014. Mr. Funk will serve as a senior advisor to the Partnership from January 1, 2017 through March 31, 2017 and will discontinue his employment at such time. Mr. Boone stated, “I appreciate the confidence the board of directors has shown in me to lead Rhino forward and continue our industry leading standard in safety, while delivering optimal value for our unitholders. Mr. Funk successfully led Rhino through one of the most difficult coal markets the industry has ever experienced, since his appointment as CEO in 2014. I look forward to working with him during this transition period and I appreciate his guidance during his tenure as CEO […]

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Posted by admin - November 23, 2016 at 2:10 am

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Penny Stock News: Rhino Resource Partners LP (RHNO: OTCQB) | Rhino Resource Partners LP Announces Agreement With Royal Energy Resources, Inc. and Yorktown Partners LLC

LEXINGTON, KY–(Marketwired – Sep 30, 2016) – Rhino Resource Partners LP (OTCQB: RHNO) (“Rhino” or the “Partnership”) announced today that it has entered into an equity exchange agreement (the “Agreement”) with Royal Energy Resources, Inc. (OTCQB: ROYE) (“Royal”), Rhino Resource Partners Holdings, LLC (“Rhino Holdings”), an entity wholly-owned by certain investment partnerships managed by Yorktown Partners LLC (“Yorktown”), and Rhino GP LLC, the general partner of Rhino. Investment partnerships managed by Yorktown own substantially all of the outstanding common stock of Armstrong Energy, Inc. (“Armstrong Energy”), a coal producing company with mines located in the Illinois Basin in western Kentucky. The Agreement contemplates that prior to closing, Yorktown will contribute its shares of common stock of Armstrong Energy to Rhino Holdings. At the closing, Rhino Holdings will contribute those shares to Rhino in exchange for 10 million newly issued common units of Rhino. The Agreement also contemplates that Rhino GP, currently owned and controlled by Royal, will issue a 50% ownership of Rhino GP to Rhino Holdings in connection with the issuance of Rhino units for the common stock of Armstrong Energy. Closing of the Agreement is conditioned upon (i) the current bondholders of Armstrong Energy agreeing to restructure their […]

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Posted by admin - October 1, 2016 at 2:06 am

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Penny Stock News: Royal Energy Resources, Inc. (ROYE: OTCQB) | Rhino Resource Partners LP Announces Agreement With Royal Energy Resources, Inc. and Yorktown Partners LLC

LEXINGTON, KY–(Marketwired – Sep 30, 2016) – Rhino Resource Partners LP (OTCQB: RHNO) (“Rhino” or the “Partnership”) announced today that it has entered into an equity exchange agreement (the “Agreement”) with Royal Energy Resources, Inc. (OTCQB: ROYE) (“Royal”), Rhino Resource Partners Holdings, LLC (“Rhino Holdings”), an entity wholly-owned by certain investment partnerships managed by Yorktown Partners LLC (“Yorktown”), and Rhino GP LLC, the general partner of Rhino. Investment partnerships managed by Yorktown own substantially all of the outstanding common stock of Armstrong Energy, Inc. (“Armstrong Energy”), a coal producing company with mines located in the Illinois Basin in western Kentucky. The Agreement contemplates that prior to closing, Yorktown will contribute its shares of common stock of Armstrong Energy to Rhino Holdings. At the closing, Rhino Holdings will contribute those shares to Rhino in exchange for 10 million newly issued common units of Rhino. The Agreement also contemplates that Rhino GP, currently owned and controlled by Royal, will issue a 50% ownership of Rhino GP to Rhino Holdings in connection with the issuance of Rhino units for the common stock of Armstrong Energy. Closing of the Agreement is conditioned upon (i) the current bondholders of Armstrong Energy agreeing to restructure their […]

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Posted by admin - September 30, 2016 at 10:34 pm

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Penny Stock News: Lomiko Metals Inc. (LMRMF: OTCQX International) | LOMIKO SEEKS FLOW THROUGH FUNDS TO EXPAND FLAKE GRAPHITE RESOURCE OF 4.1 M TONNES INDICATED OF 6.5% CG

LOMIKO SEEKS FLOW THROUGH FUNDS TO EXPAND FLAKE GRAPHITE RESOURCE OF 4.1 M TONNES INDICATED OF 6.5% CG Sep 15, 2016 OTC Disclosure & News Service Surrey, BC, Canada This release includes additional documents. Select the link(s) below to view. LMR NR FTLa Loutre-LacdesIles acquisition 09-15-2016.pdf Copyright © 2016 OTC Markets. All Rights Reserved The above news release has been provided by the above company via the OTC Disclosure and News Service. Issuers of news releases and not OTC Markets Group Inc. are solely responsible for the accuracy of such news releases. OTC Markets Group – News, Filings & Corporate Actions

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Posted by admin - September 15, 2016 at 5:56 pm

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Penny Stock News: Brazil Resources Inc. (BRIZF: OTCQX International) | Brazil Resources Announces NI 43-101 Gold-Copper Resource for the Titiribi Project, Colombia

Highlights: The Titiribi NI 43-101 resource estimate has a measured and indicated resource of 4.63 Moz gold and an inferred resource of 3.25 Moz gold at a 0.3 g/t gold cut-off (See Tables 1 and 2 for details on tonnage, grade and contained metal); The mineral resource estimate for the Titiribi Project has resulted in Brazil Resourcesꞌ global gold resource increasing by 146% in the measured and indicated categories and 46% in the inferred category; The inclusion of this resource estimate increases BRI’s global measured and indicated resource to 7.8 Moz gold (10.4 Moz gold equivalent) and inferred resource to 10.3 Moz gold (12.6 Moz gold equivalent) (see table 3 for details); Approximately 144,779 metres of diamond drilling in 270 holes has been completed on the Project; Project has excellent infrastructure including paved roads, high power electrical transmission lines 3 km from the property and water; and Nearby gold projects in development or production include AngloGoldꞌs Ashantiꞌs Quebradona, B2Goldꞌs Gramalote, Continental Gold’s Buritica, Red Eagleꞌs San Ramon, and Gran Colombiaꞌs Marmato projects. VANCOUVER, Sept. 14, 2016 /CNW/ – Brazil Resources Inc. (the “Company” or “Brazil Resources”) (TSX-V: BRI; OTCQX: BRIZF) is pleased to announce the results of a National Instrument 43-101 […]

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Posted by admin - September 14, 2016 at 11:03 pm

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Penny Stock News: Brazil Resources Announces NI 43-101 Gold-Copper Resource for the Titiribi Project, Colombia

Contact Us Journalists Blog Log In Sign Up Send a Release News in Focus Business & Money Science & Tech Lifestyle & Health Policy & Public Interest People & Culture (Photo: http://photos.prnewswire.com/prnh/20160914/407866) Garnet Dawson, CEO, stated: “We are pleased to report this NI 43-101 resource estimate for the Cerro Vetas, Chisperos and NW Breccia, three of 9 mineralized porphyry-epithermal targets identified on the Titiribi Project. The inclusion of this resource estimate increases BRI’s measured and indicated resource to 7.8 Moz gold (10.4 Moz gold equivalent) and our inferred resource to 10.3 Moz gold (12.6 Moz gold equivalent). In conjunction with advancing our existing project portfolio, the Company continues to evaluate resource-stage projects in the Americas for potential acquisition.” The Titiribi Project occurs within the Mid-Cauca Porphyry Belt and consists of several near surface bulk tonnage gold-copper porphyry and associated epithermal gold systems. A total of 270 diamond drill holes, totaling 144,779 metres, have been drilled at the Titiribi Project, with nine mineralized areas identified to date. The Titiribi Project is comprised of one concession that covers an area of approximately 39.19 square kilometres. The project is located between 1,200 to 2,200 metre elevations, below the elevation of the Páramo tropical […]

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Posted by admin - September 14, 2016 at 10:45 pm

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Penny Stock News: Brazil Resources Inc. (BRIZF: OTCQX International) | Brazil Resources Announces NI 43-101 Gold-Copper Resource for the Titiribi Project, Colombia

Highlights: The Titiribi NI 43-101 resource estimate has a measured and indicated resource of 4.63 Moz gold and an inferred resource of 3.25 Moz gold at a 0.3 g/t gold cut-off (See Tables 1 and 2 for details on tonnage, grade and contained metal); The mineral resource estimate for the Titiribi Project has resulted in Brazil Resourcesꞌ global gold resource increasing by 146% in the measured and indicated categories and 46% in the inferred category; The inclusion of this resource estimate increases BRI’s global measured and indicated resource to 7.8 Moz gold (10.4 Moz gold equivalent) and inferred resource to 10.3 Moz gold (12.6 Moz gold equivalent) (see table 3 for details); Approximately 144,779 metres of diamond drilling in 270 holes has been completed on the Project; Project has excellent infrastructure including paved roads, high power electrical transmission lines 3 km from the property and water; and Nearby gold projects in development or production include AngloGoldꞌs Ashantiꞌs Quebradona, B2Goldꞌs Gramalote, Continental Gold’s Buritica, Red Eagleꞌs San Ramon, and Gran Colombiaꞌs Marmato projects. VANCOUVER, Sept. 14, 2016 /PRNewswire/ – Brazil Resources Inc. (the “Company” or “Brazil Resources”) (TSX-V: BRI; OTCQX: BRIZF) is pleased to announce the results of a National Instrument 43-101 […]

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Posted by admin - September 14, 2016 at 9:53 pm

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Penny Stock News: Golden Arrow Resource Corp. (GARWF: OTCQB) | Golden Arrow Reports Phase VI Drill Results Free Up Ground for Mine Development and Confirm Chinchillas South Mineralization

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Sep 7, 2016) – Golden Arrow Resources Corporation (TSX VENTURE:GRG)(FRANKFURT:GAC)(OTCQB:GARWF)(WKN:A0B6XQ), “Golden Arrow” or the “Company”) is pleased to announce the results of assaying of the first twenty-four drill holes in the Phase VI drilling program at the Chinchillas Silver Project in Jujuy Province, Argentina. The drilling program is part of the Chinchillas Project pre-development activities, funded by Silver Standard, which are being undertaken to evaluate the feasibility of creating a combined mining business with Silver Standard’s Pirquitas mine, as announced October 1st, 2015. The objective of the drill program is exploration for resource potential as well as condemnation of certain areas for future mine infrastructure. Drill targets included the Chinchillas South area where seven previous drill holes had returned significant zinc and silver intervals up to 1.5 kilometres away from the main Chinchillas deposit. “Phase VI drilling has confirmed that the area planned for surface infrastructure is devoid of significant near-surface mineralization. However the area is underlain by narrow high grade structures found over a 440 metre by 120 metre area that are similar in style to those found at Pirquitas. This mineralization, along with Breccia Dome target to the north provides future resource potential,” commented […]

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Posted by admin - September 7, 2016 at 2:03 pm

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Penny Stock News: Atlas Energy Group, LLC (ATLS: null) | Atlas Resource Partners Files 2015 Annual Report

FORT WORTH, Texas, March 4, 2016 /PRNewswire/ — Atlas Resource Partners, L.P. (NYSE: ARP) (“ARP” or “the Company”) announced today the filing of its 10-K for the year ended December 31, 2015 with the Securities and Exchange Commission (SEC). An electronic copy of the report is available on the ‘Annual Reports and Proxy Statements’ page in the Investor Relations section of the Company’s website, www.atlasresourcepartners.com. Atlas Resource Partners unitholders and other interested investors may also request a printed copy of the annual report free of charge by calling (888) 400-7789 or by completing a request form in the Investor Relations section of the Company’s website on the ‘Annual Report Request’ page.               Atlas Resource Partners, L.P. (NYSE: ARP) is an exploration & production master limited partnership which owns an interest in over 14,500 producing natural gas and oil wells, located primarily in Appalachia, the Barnett Shale (TX), the Mississippi Lime (OK), the Eagle Ford Shale (TX), the Raton Basin (NM), Black Warrior Basin (AL) and the Rangely Field (CO).  ARP is also the largest sponsor of natural gas and oil investment partnerships in the U.S.  For more information, please visit our website at www.atlasresourcepartners.com, or contact Investor Relations at InvestorRelations@atlasenergy.com. Atlas […]

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Posted by admin - March 5, 2016 at 5:52 am

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