Posts tagged "Resources"

Penny Stock News: Auryn Resources Inc. (GGTCF: OTCQX International) | Auryn Reports Remaining RAB Drill Results from 2016 Program and Identifies Two New High-Grade Boulder Trains at Anuri and Ridge Prospects

VANCOUVER, BRITISH COLUMBIA–(Marketwired – Nov 25, 2016) – Auryn Resources Inc. (TSX:AUG)(OTCQX:GGTCF) (“Auryn” or the “Company) is pleased to announce results from its 2016 drill and boulder-sampling programs from its Committee Bay gold project located in Nunavut, Canada. Auryn successfully intersected gold in the majority of the RAB holes drilled across a set of east-west trending structures at Anuri that were the primary focus of the 2016 drill program. Highlights from the drilling include; 9.14 meters at 1.04g/t Au, 7.62m @ 1.05g/t, and 3.05m @ 2g/t Au (see Figure 1). The structure intersected is interpreted by Auryn to be a secondary structure based on the discovery of a new high-grade boulder train at Anuri that has a source along a prominent regional north-south trending fault zone adjacent to the 2016 drilling area (see Figure 1). The top 5 samples from the new boulder train are as follows: 45.9g/t Au, 41.5g/t Au, 33.3g/t Au, 14.55g/t Au, and 12.65g/t Au. Shawn Wallace, President and CEO stated, “The progress at the Committee Bay project achieved over the last two years has been significant. We have completed extensive surface work over 85% of the nearly 300km long greenstone belt and importantly have drastically reduced […]

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Posted by admin - November 25, 2016 at 9:24 pm

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Penny Stock News: Explor Resources Inc. (EXSFF: OTCQX International) | Explor Resources Exploration Program Update on the Timmins Porcupine West Gold Property

ROUYN-NORANDA, QUEBEC–(Marketwired – Nov 24, 2016) – Explor Resources Inc. (“Explor” or “the Corporation”) (TSX VENTURE:EXS)(OTCQX:EXSFF)(FRANKFURT:E1H1)(BERLIN:E1H1) is pleased to announce an Exploration Program Update on the Timmins Porcupine West Property (“TPW Property” or the “Property“) as provided by Teck Resources Limited (“Teck“). In December 2014, the Corporation signed an agreement with Teck under which Teck can acquire an initial 55% interest in the Timmins Porcupine West property by completing exploration work expenditures totalling $ 8,000,000 by May 1st, 2019. A technical meeting was held on October 07, 2016 that reviewed results to date as well as plans going forward on the property as detailed below. In 2016, the focus has been reviewing the volume of data received in 2015, and developing vectors to mineralization in order to make drilling more efficient. Key points of this work included: Development of a ‘sericite index’ reflecting particular white mica compositions, as mapped by Short Wave Infrared (“SWIR”) techniques, which have a close spatial association with high grade gold intersections. Identification of key geochemical pathfinders to mineralization, including zinc, sulphur, lead, iron, among others. The combination of the alteration with the geochemistry can be used to identify ‘near-hit’ holes, and potential upside for West-Deep […]

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Posted by admin - November 25, 2016 at 2:31 am

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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: Amerigo Resources Ltd. Presentation Now Available for On-Demand Viewing

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 Release contains wide tables.View fullscreen. News in Focus Browse News Releases Multimedia Gallery Trending Topics Business & Money Auto & Transportation Business Technology Entertain­ment & Media Financial Services & Investing General Business Science & Tech Consumer Technology Energy Environ­ment Heavy Industry & Manufacturing Telecomm­unications Lifestyle & Health Consumer Products & Retail Entertain­ment & Media Health Sports Travel Policy & Public Interest People & Culture News in Focus Business & Money Science & Tech Lifestyle & Health Policy & Public Interest People & Culture PR Newswire: OTC, SmallCap

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Posted by admin - October 6, 2016 at 12:46 pm

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Penny Stock News: Arcis Resources Corporation (ARCS: OTC Pink Current) | Arcis Resources Corporation announces launches shopcannabis.online. It will sell hemp beauty & personal care products

DENVER, Oct. 5, 2016 /PRNewswire/ — Arcis Resources Corporation (OTC Pink: ARCS) is pleased to announce that a hemp infused beauty & personal care products will be available on its website shopcannabis.online. Some of the products will contain hemp infused seed oil. Fatty acids in hemp oil are associated with health benefits that include protection against heart disease, cancer, bowel disease and other auto immune diseases. Furthermore, after several investor inquiries, and as previously stated the company has no current plans to do a reverse stock split. The common share structure is: O/S 1,013,267,854. A/S  1,300,000,000. Float  463,270,652. About Arcis Resources Corporation by and through its wholly owned subsidiaries is a technology solution provider with strong focus on software, web, mobile apps, and social media. We specialize in developing online information and directory portals for markets that strategically bring revenue, and growth. Our goal is to serve as a platform for software, web, mobile app, and social media development used for licensing, and distribution worldwide. Safe Harbor Statement This release contains forward-looking statements within the meaning of Section 27a of the Securities Act of 1933, as amended and section 21e of the Securities and Exchange Act of 1934, as amended. Those statements […]

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Posted by admin - October 5, 2016 at 5:01 pm

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Penny Stock News: Alkane Resources Ltd. (ANLKY: OTCQX International) | Change of director’s interest notice

Change of director’s interest notice Oct 02, 2016 OTC Disclosure & News Service Burswood, WA, Australia This release includes additional documents. Select the link(s) below to view. ALKsxann161003 App3Y-Chalmers-160930.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 - October 3, 2016 at 2:29 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: Amerigo Resources Ltd. (ARREF: OTCQX International) | Amerigo Provides Labour Update at MVC

Amerigo Provides Labour Update at MVC Sep 30, 2016 OTC Disclosure & News Service – VANCOUVER, British Columbia, Sept. 30, 2016 (GLOBE NEWSWIRE) — Amerigo Resources Ltd. (“Amerigo” or the “Company”) (TSX:ARG) provides the following update in respect of Minera Valle Central (“MVC”), the Company’s operation located near Rancagua, Chile. During the month of September 2016, MVC has been engaged in negotiations with its 216-member union to renew MVC’s current collective agreement, which has an expiry date of September 30, 2016. MVC has presented its final best offer which was rejected by the vote of the majority of the union members on September 27, 2016. On September 29, 2016, MVC requested the mediation services (Buenos Oficios) of the Labor Authority (Inspección del Trabajo) in order to extend negotiations. Under Chilean law, upon such request, the date on which a strike can start will be automatically postponed by 5 working days starting from the date of the request. As a result, the union would be in a position to commence strike action as of the first working shift on October 6, 2016. The commencement date of a strike may be further postponed for an additional period of up to five calendar […]

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Posted by admin - September 30, 2016 at 5:50 pm

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Penny Stock News: Paringa Resources Ltd to Webcast at VirtualInvestorConferences.com’s OTCQX October 4 Event

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 Release contains wide tables.View fullscreen. News in Focus Browse News Releases Multimedia Gallery Trending Topics Business & Money Auto & Transportation Business Technology Entertain­ment & Media Financial Services & Investing General Business Science & Tech Consumer Technology Energy Environ­ment Heavy Industry & Manufacturing Telecomm­unications Lifestyle & Health Consumer Products & Retail Entertain­ment & Media Health Sports Travel Policy & Public Interest People & Culture News in Focus Business & Money Science & Tech Lifestyle & Health Policy & Public Interest People & Culture PR Newswire: OTC, SmallCap

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Posted by admin - September 29, 2016 at 3:46 am

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