October 24, 2017 - Bull Market News

Auxico Resources samples 50 m of 0.85 g/t Au at Aguamas

Oct 24, 2017

2017-10-24 09:13 ET – News Release Mr. Mark Billings reports AUXICO REPORTS ON NEW GOLD DISCOVERY AT AGUAMAS CUTS 3MOF 13.07 G/T GOLD AND 28.4 G/T SILVER IN A CHANNEL SAMPLE Auxico Resources Canada Inc. has provided initial sampling results of a single trench that yielded a 50-metre-wide mineralized section grading 0.85 gram per tonne gold including three m of 13.07 g/t Au at the Aguamas property. This trench is located about 100 metres southeast of the Aguamas 2 historical mine, which...

Argo Gold stakes 768 hectares at McVicar Lake

Oct 24, 2017

2017-10-24 08:49 ET – News Release Ms. Judy Baker reports ARGO GOLD STAKES ADDITIONAL CLAIMS AT THE MCVICAR LAKE PROJECT Argo Gold Inc. has staked an additional 48 strategic claim units, totalling 768 hectares, adjacent to the McVicar Lake gold project, located 90 kilometres west of Pickle Lake, Ont. The McVicar Lake gold project now totals 3,072 hectares. These additional claims were staked as targets identified by Argo Gold’s compilation of geological and historical geophysical...

iMetal Resources agreement for Mosher Lake property

Oct 24, 2017

2017-10-23 19:18 ET – Property Agreement The TSX Venture Exchange has accepted for filing an option agreement dated July 6, 2017, between iMetal Resources Inc., and William Wilcox, David Hiltz and Thomas O’Connor (the sellers), whereby the company has been granted an option to acquire a 100-per-cent interest in the Mosher Lake property that is located in the Tyrrell and Knight townships of Ontario. Consideration is $50,000 and three million common shares payable over a three-year...

INDUSTRY BULLETIN: Lithium market facing supply tightness and higher prices

Oct 24, 2017

Rapidly increasing demand for lithium, fueled by the accelerating transition to electric vehicle (“EV”) technology, continues to pressure suppliers to keep pace, while driving up prices for lithium chemicals. As recently reported in the Nikkei Asian Review, spot prices for lithium in China have climbed 30% since the start of the year with lithium carbonate, the “bellwether for lithium trades,” reportedly trading around $23,000 USD: 18% higher than as seen in late August and more than...