Release – Cypress Development Announces Drill Results from Clayton Valley Lithium Project, Nevada




Cypress Development Announces Drill Results from Clayton Valley Lithium Project, Nevada

Research, News, and Market Data on Cypress Development

August 4, 2022 – Vancouver, Canada – Cypress
Development Corp. (TSXV: CYP) (OTCQX: CYDVF) (Frankfurt: C1Z1)
 (“Cypress” or “the Company”) is pleased to report results from the recently completed drill program at its 100%-owned Clayton Valley Lithium Project (“Project”), in Nevada, USA. A sonic drill program was conducted in May 2022, to obtain sample material for lithium extraction testing at the Company’s Lithium Extraction Facility (“Pilot Plant”) in Amargosa Valley, Nevada, and to supplement the Project’s resource model for the Feasibility Study that is currently underway.

Highlights:

  • Best intersection of 70.1 meters of 1,336 parts per million (“ppm”) lithium
  • Successful use of sonic drilling to obtain six- and four-inch diameter cores
  • Completed 580 meters in eight drill holes ranging from 61 to 76 meters in depth
  • Acquired 15 tonnes of claystone for testing at the Company’s Pilot Plant
  • Confirmed resource model built by Global Resource Engineering (“GRE”)
  • Confirmed drill data obtained in the acquisition of Enertopia Corporation (“Enertopia”) property

“The drill program was highly successful in generating material for our pilot plant and providing distinct data to strengthen the Project’s resource model” stated Bill Willoughby, Cypress President, and CEO. “These are significant steps as we continue to work to de-risk the project and provide information for the Feasibility Study.”

Drill Program

Cypress has received all assays from its May 2022 drilling program. The program was conducted to collect claystone with large diameter core for use in metallurgical testing at the Company’s Pilot Plant. A total of 580 meters were drilled in eight holes. Hole depths were limited to intersect lithium-bearing claystone to a depth of 61 to 76 meters and to obtain approximately 15 tonnes of material for testing.

Representative core samples ranging from 0.1- to 3-meters in length were collected and delivered to ALS Global in Reno, Nevada for analysis. Lithium values shown in the table are weighted averages over the length of claystone intersected in each hole. All eight holes ended in lithium-bearing claystone. Each sample submittal was accompanied with QA/QC samples of blanks, standards, and duplicates.

DRILL HOLE
NUMBER

UNSAMPLED OVERBURDEN
(METERS)

CLAYSTONE
(METERS)

LITHIUM
(PPM)

CVS1

6.1

70.1

1,336

CVS2

3.0

70.1

805

CVS3

6.1

73.2

1,198

CVS4

3.0

70.1

1,119

CVS5

9.1

73.2

801

CVS6

6.1

51.8

1,264

CVS7

6.1

70.1

1,243

CVS8

6.1

54.9

873

Measurements from surface, samples analysed with four
acid digestion with ICP-MS

Four holes, CSV1 through CVS4, were drilled in the central portion of the Project in the vicinity of the planned starter-pit. CVS2 is located outside of the reserve pit outline from the 2021 Prefeasibility Study, nearest the location of the anticipated plant site for the feasibility study. CVS3 is located adjacent to a reclaimed test pit where 500-tonnes of claystone were collected in April.

Four additional holes, CVS5 through CVS8, were drilled in the northeast portion of the project on and near the parcel of property acquired this year from Enertopia. These holes were arranged southeast to northwest infilling the fence of TOP-01, TOP-02, TOP2M and TOP-04 drilled by Enertopia, and DCH-09 drilled by Cypress.   

Interpretation of Results

The assay results are in line with lithium grades predicted at all eight locations by the resource block model developed by GRE. The overall estimated lithium grade for all eight locations from GRE’s model is 1,060 ppm. This compares to the compiled average lithium grade from all eight holes drilled of 1,080 ppm, for a variance of +2%.

When viewed in cross-section, the assay results are also consistent with those from previous drilling and support the continuation of a higher-grade northeast trend of lithium-bearing claystone on Cypress’s project as interpreted by GRE in developing the resource model. The results are encouraging and have potential to extend the 2021 pit design through Cypress hole DCH-13 (82.3 meters, 1,221 ppm lithium) to CVS6, CVS7 and the northeast corner of the property.

With the drill program completed, GRE will revise and update the resource model with the new data and proceed with work on the mine plan and production schedule for the feasibility study, which is expected to be completed by year end.

Figure 1: Cypress Development
Drill Hole Location Map

Qualified Person

Daniel Kalmbach, CPG, is the qualified person as defined by National Instrument 43-101 and has approved the technical information in this release.

About Cypress Development Corp

Cypress Development Corp. is a Canadian based advanced stage lithium company, focused on developing its 100%-owned Clayton Valley Lithium Project in Nevada, USA. Cypress is in the pilot stage of testing on material from its lithium-bearing claystone deposit and progressing towards completing a feasibility study and permitting, with the goal of becoming a domestic producer of lithium for the growing electric vehicle and battery storage market.

ON BEHALF OF CYPRESS DEVELOPMENT
CORP.

WILLIAM WILLOUGHBY, PhD., PE
President &
Chief Executive Officer

For further information, please
contact:

Spiros Cacos | Vice President, Investor Relations
Direct: +1 604 764 1851 | Toll Free: 1 800 567 8181 | Email scacos@cypressdevelopmentcorp.com
www.cypressdevelopmentcorp.com

NEITHER THE TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THE CONTENT OF THIS NEWS RELEASE.

Cautionary Note Regarding Forward-Looking Statements
This release
includes certain statements that may be deemed to be “forward-looking
statements”. Forward-looking statements are subject to risks,
uncertainties and assumptions and are identified by words such as “expects,”
“estimates,” “projects,” “anticipates,” “believes,” “could,” “scheduled,” and
other similar words. All statements in this release, other than statements
of historical facts, that address events or developments that management of the
Company expects, are forward-looking statements. Although management believes
the expectations expressed in such forward-looking statements are based on
reasonable assumptions, such statements are not guarantees of future
performance, and actual results or developments may differ materially from
those in the forward-looking statements. The Company undertakes no obligation
to update these forward-looking statements if management’s beliefs, estimates
or opinions, or other factors, should change. Factors that could cause actual
results to differ materially from those in forward-looking statements, include
market prices, exploration, and development successes, continued availability
of capital and financing, and general economic, market or business conditions.
Please see the public filings of the Company at www.sedar.com for
further information.

 


Maple Gold Mines (MGMLF) – Deep Drill Program Commences at Joutel

Thursday, August 04, 2022

Maple Gold Mines (MGMLF)
Deep Drill Program Commences at Joutel

Mark Reichman, Senior Research Analyst, Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

What’s past is prologue. In August 2021, Maple Gold reported 3D modeling results for the main mine trend at the Telbel mine within the Joutel Project which is held in the company’s joint venture with Agnico Eagle. The results were based on the digitization of more than 250,000 meters of historical drill data which highlighted the potential for higher-grade gold mineralization above and below the historic mine workings along with additional discovery targets. While past gold production at Telbel focused on a single zone between 500 to 1,050 meters, data digitization and 3D modeling identified significant gold intercepts up to approximately 1,400 meters below surface.

Deep drilling program commences. While one drill rig continues Phase II drilling at its 100%-controlled Eagle Project, a second drill rig has been mobilized to commence a 6,000-meter-deep drilling program at the Joutel Project. The deep drilling program will entail three drill holes in the Telbel mine area beneath and adjacent to historic underground mine workings which extend to roughly 1,200 meters below surface. The program represents the first drilling at Telbel since the early 1990s.  …

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

Release – Maple Gold Adds Second Drill Rig to Commence 6,000-Metre Deep Drilling Program at Joutel



Maple Gold Adds Second Drill Rig to Commence 6,000-Metre Deep Drilling Program at Joutel

Research, News, and Market Data on Maple Gold Mines

Vancouver, British Columbia–(Newsfile Corp. – August 3, 2022) – Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF)
(FSE: M3G) 
(“Maple Gold” or the “Company“) is pleased to report the mobilization of a second drill rig, while the first drill rig continues Phase II drilling at the 100%-controlled Eagle Project, to commence a 6,000 metre (“m”) deep drilling program at the Joutel Project (“Joutel”) in Quebec, Canada, held by a 50/50 joint venture (“JV”) between the Company and Agnico Eagle Mines Limited. This deep drilling program is expected to include three (3) drill holes in the Telbel mine area (“Telbel”) beneath and adjacent to the historical underground mine workings, which extend to roughly 1,200 m below surface. Past gold production at Telbel focused on a single zone between 500 – 1,050 m; however, data digitization and 3D modeling have identified significant gold intercepts up to approximately 1,400 m below surface that remain open for follow-up exploration.

Deep drilling at Telbel will be funded as part of a previously announced C$4.8-million supplemental Year Two JV exploration budget (see news from May 18, 2022). To control potential drillhole deviation, Aziwell Canada Inc. has been contracted to provide directional drilling support on an as-needed basis during the Telbel deep drilling program.

Fred Speidel, VP Exploration of Maple Gold, stated: “We are excited to commence initial deep
drilling at Telbel, marking the first drilling at Telbel since the early 1990s.
Last year’s digitization and modelling work identified significant higher-grade
(>5 g/t Au) mineralization extending beyond the mined-out stopes and has
supported our drill targeting. The expanded Year Two JV budget provides us with
the financial means to begin testing these compelling targets and near mine
extensions at depth.”

Initial Telbel
Targets and Program Details

Maple Gold previously reported 3D modelling results for the main mine trend at Telbel after digitizing more than 250,000 metres of historical drill data (see news from August 16, 2021), which highlighted the potential for higher-grade gold mineralization above and below the historical underground mine workings, as well as additional discovery targets at a district scale (see Figure 1 below).

The deep drill program is expected to include one (1) drill hole that will be collared south of the main Telbel mine horizon and drilled to the north (S-N) and two (2) drill holes collared north of the target area and drilled to the south (N-S). This will provide valuable geological information by covering the entire stratigraphy of the mineralized system, and will also serve to test known sub-parallel mineralized zones that have not been fully explored in the past. Deep drilling will investigate mineralized trends with step-outs of over 350 metres from historical information (see Figure 2 below).

Figure 1: District scale Eagle-Telbel long section highlighting open mineralized areas after 3D modelling, 300 m corridor width

To view an enhanced version of Figure 1, please visit:
https://images.newsfilecorp.com/files/3077/132667_7e4e81059434dbb7_001full.jpg

Figure 2: Full width 3D model oblique slice highlighting historical intercepts (blue stars) using a 2.5 g/t Au cut-off and planned deep drillholes at Telbel

To view an enhanced version of Figure 2, please visit:
https://images.newsfilecorp.com/files/3077/132667_7e4e81059434dbb7_002full.jpg

TB-22-001 (S-N) and TB-22-002 (N-S) are designed to test below the deeper plunging local trend observed at Telbel where historical intercepts below the mined-out areas included 57.2 g/t gold (“Au”) over 3 m at 1215 m depth, 53.2 g/t Au over 2 m at 1175 m depth, 19.9 g/t Au over 3.7 m at 1285 m depth, 32.2 g/t Au over 2.3 m at 1130 m depth and 18.3 g/t Au over 2.4 m at 1205 m depth (all approximate vertical depths – see Figure 2 above). Several of these intercepts have lower grade haloes. TB-22-003 (N-S) is designed to test the southeastern continuity of the shallower district-scale Eagle-Telbel trend (blue dashed lines in Figure 1) where an 80.8 g/t gold Au interval over 0.5 m at 1135 m depth was intersected in quartz carbonate veinlets with visible gold from historical drilling. Importantly, this historical drillhole did not reach the main Telbel mine horizon.

Qualified Person

The scientific and technical data contained in this press release was reviewed and prepared under the supervision of Fred Speidel, M. Sc., P. Geo., Vice-President Exploration of Maple Gold. Mr. Speidel is a Qualified Person under National Instrument 43-101 Standards
of Disclosure for Mineral Projects
. Mr. Speidel has verified the data related to the exploration information disclosed in this press release through his direct participation in the work.

About Maple Gold

Maple Gold Mines Ltd. is a Canadian advanced exploration company in a 50/50 joint venture with Agnico Eagle Mines Limited to jointly advance the district-scale Douay and Joutel gold projects located in Quebec’s prolific Abitibi Greenstone Gold Belt. The projects benefit from exceptional infrastructure access and boast ~400 km2 of highly prospective ground including an established gold resource at Douay (SLR 2022) that holds significant expansion potential as well as the past-producing Eagle, Telbel and Eagle West mines at Joutel. In addition, the Company holds an exclusive option to acquire 100% of the Eagle Mine Property.

The district-scale property package also hosts a significant number of regional exploration targets along a 55 km strike length of the Casa Berardi Deformation Zone that have yet to be tested through drilling, making the project ripe for new gold and polymetallic discoveries. The Company is well capitalized and is currently focused on carrying out exploration and drill programs to grow resources and make new discoveries to establish an exciting new gold district in the heart of the Abitibi. For more information, please visit 
www.maplegoldmines.com.

ON BEHALF OF
MAPLE GOLD MINES LTD.

“Matthew Hornor”

B. Matthew Hornor, President & CEO

For
Further Information Please Contact:

Mr. Joness Lang
Executive Vice-President
Cell: 778.686.6836
Email: 
jlang@maplegoldmines.com

Mr. Kiran Patankar
SVP, Growth Strategy
Cell: 604.935.9577
Email: 
kpatankar@maplegoldmines.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 PRESS RELEASE.

Forward
Looking Statements:
This press release contains “forward-looking information” and “forward-looking statements” (collectively referred to as “forward-looking statements”) within the meaning of applicable Canadian securities legislation in Canada, including statements about exploration work and results from current and future work programs. Forward-looking statements are based on assumptions, uncertainties and management’s best estimate of future events. Actual events or results could differ materially from the Company’s expectations and projections. Investors are cautioned that forward-looking statements involve risks and uncertainties. Accordingly, readers should not place undue reliance on forward-looking statements. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to Maple Gold Mines Ltd.’s filings with Canadian securities regulators available on www.sedar.com or the Company’s website at www.maplegoldmines.comThe Company does not intend, and expressly
disclaims any intention or obligation to, update or revise any forward-looking
statements whether as a result of new information, future events or otherwise,
except as required by law.

 


Alliance Resource Partners (ARLP) – Stellar Second Quarter Results; Outlook Remains Favorable

Wednesday, August 03, 2022

Alliance Resource Partners (ARLP)
Stellar Second Quarter Results; Outlook Remains Favorable

ARLP is a diversified natural resource company that generates operating and royalty income from coal produced by its mining complexes and royalty income from mineral interests it owns in strategic oil & gas producing regions in the United States, primarily the Permian, Anadarko and Williston basins. ARLP currently produces coal from seven mining complexes its subsidiaries operate in Illinois, Indiana, Kentucky, Maryland and West Virginia. ARLP also operates a coal loading terminal on the Ohio River at Mount Vernon, Indiana. ARLP markets its coal production to major domestic and international utilities and industrial users and is currently the second largest coal producer in the eastern United States. In addition, ARLP is positioning itself as an energy provider for the future by leveraging its core technology and operating competencies to make strategic investments in the fast growing energy and infrastructure transition.

Mark Reichman, Senior Research Analyst, Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Banner second quarter performance. Alliance reported second quarter net income of $161.5 million, or $1.23 per unit compared to $44.0 million, or $0.34 per unit, during the prior year period. The company generated EBITDA of $243.8 million compared to $118.6 million during the prior year period and free cash flow increased 5.1% to $83.5 million. Revenue and gross margin were above our estimates. Second quarter financial results reflected higher coal sales prices and volumes which increased 43.3% and 13.9%, respectively, along with greater oil & gas royalty prices and volumes which rose 64.7% and 27.6%.

Updating estimates. We have increased our 2022 EBITDA and adjusted EPU estimates to $945.3 million and $4.85 from $759.2 and $3.45, respectively. Our estimates reflect continued strength in commodity prices and greater oil and gas royalty volumes. We have also increased our 2023 EBITDA and adjusted EPU estimates to $1.1 billion and $5.75. What stands out are visible sources of volume growth and margin expansion potential through at least 2024 which support return of capital to unit holders in the form of cash distributions and/or buybacks.

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

Release – Sierra Metals Subsidiary in Peru, Sociedad Minera Corona Reports Q2 2022 Financial Results



Sierra Metals Subsidiary in Peru, Sociedad Minera Corona Reports Q2 2022 Financial Results

Research, News, and Market Data on Sierra Metals

All metal prices reported in
USD)

TORONTO–(BUSINESS WIRE)– 
Sierra Metals Inc. (TSX: SMT) (BVL or Bolsa de Valores de Lima: SMT) (NYSE AMERICAN: SMTS) (“Sierra Metals” or “the Company”) announces the filing at the BVL by its subsidiary, Sociedad Minera Corona S.A. (“Corona”) of its unaudited Financial Statements and the Management’s Discussion and Analysis (“MD&A”) for the second quarter of 2022 (“Q2 2022”).

The Company holds an 81.8% interest in Corona. The unaudited Financial Statements and MD&A can be viewed at:

SMV — Superintendencia
del Mercado de Valores — Información Financiera

Sierra Metals will be releasing its Q2 2022 consolidated financial statements on Thursday August 11th, 2022 with an investor conference call taking place on August 12th, 2022.

About Sierra Metals

Sierra Metals Inc. is a diversified Canadian mining company with Green Metal exposure including increasing copper production and base metal production with precious metals byproduct credits, focused on the production and development of its Yauricocha Mine in Peru, and Bolivar and Cusi Mines in Mexico. The Company is focused on increasing production volume and growing mineral resources. Sierra Metals has recently had several new key discoveries and still has many more exciting brownfield exploration opportunities at all three Mines in Peru and Mexico that are within close proximity to the existing mines. Additionally, the Company also has large land packages at all three mines with several prospective regional targets providing longer-term exploration upside and mineral resource growth potential.

The Company’s Common Shares trade on the Toronto Stock Exchange and the Bolsa de Valores de Lima under the symbol “SMT” and on the NYSE American Exchange under the symbol “SMTS”.

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Watch our progress:

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Forward-Looking Statements

This press release contains forward-looking information within the meaning of Canadian and United States securities legislation. Forward-looking information relates to future events or the anticipated performance of Sierra and reflect management’s expectations or beliefs regarding such future events and anticipated performance based on an assumed set of economic conditions and courses of action. In certain cases, statements that contain forward-looking information can be identified by the use of words such as “plans”, “expects”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, “believes” or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, or “will be taken”, “occur” or “be achieved” or the negative of these words or comparable terminology. By its very nature forward-looking information involves known and unknown risks, uncertainties and other factors that may cause actual performance of Sierra to be materially different from any anticipated performance expressed or implied by such forward-looking information.

Forward-looking information is subject to a variety of risks and uncertainties, which could cause actual events or results to differ from those reflected in the forward-looking information, including, without limitation, the risks described under the heading “Risk Factors” in the Company’s annual information form dated March 16, 2022 for its fiscal year ended December 31, 2021 and other risks identified in the Company’s filings with Canadian securities regulators and the United States Securities and Exchange Commission, which filings are available at www.sedar.com and www.sec.gov, respectively.

The risk factors referred to above are not an exhaustive list of the factors that may affect any of the Company’s forward-looking information. Forward-looking information includes statements about the future and is inherently uncertain, and the Company’s actual achievements or other future events or conditions may differ materially from those reflected in the forward-looking information due to a variety of risks, uncertainties and other factors. The Company’s statements containing forward-looking information are based on the beliefs, expectations, and opinions of management on the date the statements are made, and the Company does not assume any obligation to update such forward-looking information if circumstances or management’s beliefs, expectations or opinions should change, other than as required by applicable law. For the reasons set forth above, one should not place undue reliance on forward-looking information.

For further information regarding Sierra Metals, please visit www.sierrametals.com or contact:

Investor Relations
Sierra Metals Inc.
Tel: +1 (416) 366-7777
Email: 
info@sierrametals.com

Luis Marchese
CEO

Sierra Metals Inc.
Tel: +1 (416) 366-7777

Source: Sierra Metals Inc.


Aurania Resources (AUIAF) – Laying the Groundwork for a Successful Drill Program

Wednesday, July 27, 2022

Aurania Resources (AUIAF)
Laying the Groundwork for a Successful Drill Program

Mark Reichman, Senior Research Analyst, Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Fieldwork update. Currently, the company is finishing Anaconda-style mapping at the Tatasham porphyry copper target and will begin mapping at the Awacha target in late August. We think drilling could begin at Tatasham later in the year, followed by Awacha. Anaconda-style mapping owes its name to Anaconda Copper Company, where the technique was developed, and entails measurement of geological features in the field along with plotting the data to scale. In our view, the comprehensive mapping program should support a productive drilling program and enhance the probability of successful outcomes.

Board appointment. Aurania recently appointed Mr. Thomas Ullrich to the Board of Directors which now includes three independent directors and Dr. Keith Barron, Chairman, President, and CEO. Mr. Ullrich has over 30 years of experience in mineral exploration and geoscience and has served as the Chief Executive Officer and Director of Aston Bay Holdings Ltd. (TSX-V: BAY.V) since 2016. Prior to that, Mr. Ullrich served as Chief Geologist for North America with Antofagasta Minerals plc, investigating the region’s copper potential through property evaluations and managing drill programs in the United States, Mexico, and Canada. Mr. Ullrich will lend significant technical experience to Aurania, along with significant executive-level experience within the metals and mining industry….

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

Release – Alliance Resource Partners, L.P.Increases Quarterly Distribution to $0.40 Per Unit



Alliance Resource Partners, L.P.Increases Quarterly Distribution to $0.40 Per Unit

Research, News, and Market Data on Alliance Resource Partners

TULSA, Okla.–(BUSINESS WIRE)– Alliance Resource Partners, L.P. (NASDAQ: ARLP) today announced that the Board of Directors of ARLP’s general partner approved an increased cash distribution to its unitholders for the quarter ended June 30, 2022 (the “2022 Quarter”).

ARLP unitholders will receive a cash distribution for the 2022 Quarter of $0.40 per unit (an annualized rate of $1.60 per unit), payable on August 12, 2022 to all unitholders of record as of the close of trading on August 5, 2022. The announced distribution represents a 300.0% increase over the cash distribution of $0.10 per unit for the quarter ended June 30, 2021 and a 14.3 % increase over the cash distribution of $0.35 per unit for the quarter ended March 31, 2022.

As previously announced, ARLP will report financial results for the 2022 Quarter before the market opens on Monday, August 1, 2022 and Alliance management will discuss these results during a conference call beginning at 10:00 a.m. Eastern that same day.

To participate in the conference call, dial (877) 407-0784 and request to be connected to the Alliance Resource Partners, L.P. earnings conference call. International callers should dial (201) 689-8560 and request to be connected to the same call. Investors may also listen to the call via the “investor information” section of ARLP’s website at http://www.arlp.com.

An audio replay of the conference call will be available for approximately one week. To access the audio replay, dial U.S. Toll Free (844) 512-2921; International Toll (412) 317-6671 and request to be connected to replay using access code 13731312.

This announcement is intended to be a qualified notice under Treasury Regulation Section 1.1446-4(b), with 100% of the partnership’s distributions to foreign investors attributable to gross income, gain or loss that is effectively connected with a United States trade or business. Accordingly, ARLP’s distributions to foreign investors are subject to federal income tax withholding at the highest applicable tax rate.

About
Alliance Resource Partners, L.P.

ARLP is a diversified energy company that is currently the largest coal producer in the eastern United States. ARLP also generates operating and royalty income from mineral interests it owns in strategic coal and oil & gas producing regions in the United States. In addition, ARLP is positioning itself as an energy provider for the future by leveraging its core technology and operating competencies to make strategic investments in the fast-growing energy and infrastructure transition.

News, unit prices and additional information about ARLP, including filings with the Securities and Exchange Commission (“SEC”), are available at http://www.arlp.com. For more information, contact the investor relations department of ARLP at (918) 295-7674 or via e-mail at investorrelations@arlp.com.

Brian L.
Cantrell

Alliance Resource Partners, L.P.
(918) 295-7673

Source: Alliance Resource Partners, L.P.

Release – Aurania Announces the Appointment of CFO



Aurania Announces the Appointment of CFO

Research, News, and Market Data on Aurania Resources

Toronto, Ontario, July
26, 2022 – Aurania Resources Ltd. (TSXV: ARU) (OTCQB: AUIAF) (Frankfurt:
20Q) (“Aurania” or the “Company”) 
announces the appointment of Mr. Francisco Freyre as Chief Financial Officer (CFO).  Mr. Freyre will be providing Aurania with fractional CFO services on a contractual basis through WD Numeric.

Francisco Freyre is a seasoned strategic finance leader with multi-faceted global business experience in corporate finance, investor relations, manufacturing, and digital transformation. He joined WD Numeric in 2021, serving as Fractional CFO for companies in diverse industries such as oil and gas, medical cannabis, and tin mining. He spent 23+ years in the automotive industry across different positions, including IRO, CIO, CFO and CEO.  Mr. Freyre also served in financial planning for a Mexican gold and silver mining company eventually acquired by a Canadian company. He has been a Mentor for startups in acceleration programs by MassChallenge since 2017.

Mr. Freyre holds a Master’s Degree in Finance from the Instituto Technológico y de Estudios Superiores de Monterrey, a Diploma in Private Equity and Ventura Capital from the Anahuac University and AMEXCAP and a Bachelor’s Degree in Business Administration from the Universidad Nacional Autónoma de México.

Aurania’s Chairman, President and CEO, Dr. Keith Barron commented, “On behalf of our board and management team, I am pleased to welcome Francisco Freyre to Aurania.  Mr. Freyre has extensive corporate, financial and market-related experience, and he is fluent in both English and Spanish.  We look forward to the financial stewardship Francisco will bring to Aurania as we advance our exploration and corporate strategies.”

About Aurania
Aurania is a mineral exploration company engaged in the identification, evaluation, acquisition and exploration of mineral property interests, with a focus on precious metals and copper in South America.  Its flagship asset, The Lost Cities – Cutucu Project, is located in the Jurassic Metallogenic Belt in the eastern foothills of the Andes mountain range of southeastern Ecuador.

Neither the TSXV nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking StatementsThis news release may contain forward-looking information that involves substantial known and unknown risks and uncertainties, most of which are beyond the control of Aurania. Forward-looking statements include estimates and statements that describe Aurania’s future plans, objectives or goals, including words to the effect that Aurania or its management expects a stated condition or result to occur. Forward-looking statements may be identified by such terms as “believes”, “anticipates”, “expects”, “estimates”, “may”, “could”, “would”, “will”, or “plan”. Since forward-looking statements are based on assumptions and address future events and conditions, by their very nature they involve inherent risks and uncertainties. Although these statements are based on information currently available to Aurania, Aurania provides no assurance that actual results will meet management’s expectations. Risks, uncertainties and other factors involved with forward-looking information could cause actual events, results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking information. Forward looking information in this news release includes, but is not limited to Aurania’s objectives, goals or future plans, statements, exploration results, potential mineralization, the corporation’s portfolio, treasury, management team and enhanced capital markets profile, the estimation of mineral resources, exploration, timing of the commencement of operations and estimates of market conditions. Factors that could cause actual results to differ materially from such forward-looking information include, but are not limited to, failure to identify mineral resources, failure to convert estimated mineral resources to reserves, the inability to complete a feasibility study which recommends a production decision, the preliminary nature of metallurgical test results, delays in obtaining or failures to obtain required governmental, regulatory, environmental or other project approvals, political risks, inability to fulfill the duty to accommodate indigenous peoples, uncertainties relating to the availability and costs of financing needed in the future, changes in equity markets, inflation, changes in exchange rates, fluctuations in commodity prices, delays in the development of projects, capital and operating costs varying significantly from estimates and the other risks involved in the mineral exploration and development industry, the effects of COVID-19 on the business of the Company including but not limited to the effects of COVID-19 on the price of commodities, capital market conditions, restrictions on labour and international travel and supply chains, and those risks set out in Aurania’s public documents filed on SEDAR. Although Aurania believes that the assumptions and factors used in preparing the forward-looking information in this news release are reasonable, undue reliance should not be placed on such information, which only applies as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Aurania disclaims any intention or obligation to update or revise any forward-looking information, whether as a result of new information, future events or otherwise, other than as required by law.

 

 

 

Aurania
Resources Ltd.

36 Toronto St, Suite 1050
Toronto, ON, Canada, M5C 2C5

Phone: (416) 367-3200
Email: ir@aurania.com


Release – Comstock Announces Second Quarter 2022 Webcast



Comstock Announces Second Quarter 2022 Webcast

Research, News, and Market Data on Comstock Mining

VIRGINIA
CITY, NEVADA, JULY 26, 2022
 – Comstock Inc. (NYSE: LODE) (“Comstock” or the “Company”) today announced that it will host a conference call on Tuesday, August 9, 2022, at 1:15 p.m. Pacific Daylight Time (4:15 p.m. Eastern Daylight Time) to report its Second Quarter 2022 results and business updates. The webcast will include a moderated question and answer session after the Company’s prepared remarks.  Please click the link below to register in advance and please join the event at least 10 minutes prior to the scheduled start time.

Once registered, you will receive a confirmation email containing information about joining the Webcast.

August 9, 2022, 01:15 PM Pacific Daylight Time / 4:15 PM Eastern Daylight Time (US and Canada)

Topic: Comstock’s Q2 2022 Results and Business Update

Please [
click here] to register in advance for this webcast.

About
Comstock

Comstock (NYSE: LODE) innovates technologies that contribute to global decarbonization and circularity by efficiently converting under-utilized natural resources into renewable fuels and electrification products that contribute to balancing global uses and emissions of carbon. The Company intends to achieve exponential growth and extraordinary financial, natural, and social gains by building, owning, and operating a fleet of advanced carbon neutral extraction and refining facilities, by selling an array of complementary process solutions and related services, and by licensing selected technologies to qualified strategic partners. To learn more, please visit www.comstock.inc.

Forward-Looking
Statements 

This press release and any related calls or discussions may include forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements, other than statements of historical facts, are forward-looking statements. The words “believe,” “expect,” “anticipate,” “estimate,” “project,” “plan,” “should,” “intend,” “may,” “will,” “would,” “potential” and similar expressions identify forward-looking statements, but are not the exclusive means of doing so. Forward-looking statements include statements about matters such as: future industry market conditions; future explorations or acquisitions; future changes in our exploration activities; future changes in our research and development; and future prices and sales of, and demand for, our products and services. Except as may be required by securities or other law, we undertake no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise.

Neither this press release nor any related call or discussion constitutes an offer to sell, the solicitation of an offer to buy or a recommendation with respect to any securities of the Company, the fund or any other issuer.

  Contact
information:

 

 

Comstock Inc.
P.O. Box 1118
Virginia City, NV 89440 www.comstock.inc

Corrado De Gasperis
Executive Chairman & CEO
Tel (775) 847-4755
degasperis@comstockmining.com

Zach Spencer
Director of External Relations
Tel (775) 847-5272 Ext.151
questions@comstockmining.com

 


Maple Gold Mines (MGMLF) – Geophysical Survey Underscores Growing Resource Potential

Wednesday, July 20, 2022

Maple Gold Mines (MGMLF)
Geophysical Survey Underscores Growing Resource Potential

Mark Reichman, Senior Research Analyst, Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Geophysical survey results identify new target areas. Maple Gold announced results from a regional airborne magnetic and electromagnetic survey across 278 square kilometers of its joint venture-controlled ground, including the western half of the Douay gold project and the entire Joutel gold project. The survey identified several underexplored target areas and additional targets for follow-up drilling at both Douay and Joutel. The Mag-EM survey results revealed additional targets, not only in the Eagle-Telbel mine area, but also on the greater Douay property where the company identified volcanogenic massive sulfide (VMS) targets in 2018.

Four target areas are underexplored. Multiple anomalies revealed in the survey were categorized into four target areas including: 1) Joutel targets that include several EM anomalies within two to three kilometers of the historical Eagle, Telbel and Eagle West deposits where drilling has been limited, 2) Southeast targets that occur along the largely undrilled Douay-Joutel property boundary, 3) Central targets at Douay to the west of the mineral resource area, and 4) Northwest targets at Douay that are associated with an intrusive-like magnetic anomaly that is over 2 kilometers wide. The central targets at Douay partly coincide and extend beyond VMS copper-zinc-(gold) anomalies identified by the company in 2018….

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

Eskay Mining Corp. (ESKYF) – Multiple Precious Metal VMS Discoveries Underscore District-Scale Potential

Wednesday, July 20, 2022

Eskay Mining Corp. (ESKYF)
Multiple Precious Metal VMS Discoveries Underscore District-Scale Potential

Mark Reichman, Senior Research Analyst, Natural Resources, Noble Capital Markets, Inc.

Refer to the full report for the price target, fundamental analysis, and rating.

Initiating coverage with an Outperform rating. Eskay Mining Corp. is focused on the exploration and development of precious metal volcanogenic massive sulfide (VMS) targets along the Eskay rift in a prolific region of northwest British Columbia known as the “Golden Triangle.” The company’s Eskay precious metal rich VMS project is comprised of 177 claims encompassing 52,600 hectares of highly prospective property within proximity to several world class gold deposits, including the past-producing Eskay Creek mine, which is considered the world’s most precious metal-rich volcanogenic massive sulfide deposit.

Drilling program in full swing. Drilling commenced on June 1 along a 5-kilometer-long corridor encompassing the TV and Jeff precious metal rich VMS targets. To date, the company has completed 5,370 meters of diamond core drilling in 13 holes, or roughly 18% of the 30,000 meters planned to be drilled in 2022. Other targets to be drill-tested this season include: 1) Scarlet Ridge, 2) Excelsior, and 3) C10-Vermillion….

This Company Sponsored Research is provided by Noble Capital Markets, Inc., a FINRA and S.E.C. registered broker-dealer (B/D).

*Analyst certification and important disclosures included in the full report. NOTE: investment decisions should not be based upon the content of this research summary. Proper due diligence is required before making any investment decision. 

C-Suite Interview with Labrador Gold (NKOSF)(LAB.V) President & CEO Roger Moss


Noble Capital Markets Senior Research Analyst Mark Reichman sits down with Labrador Gold President & CEO Roger Moss

Research, News, and Advanced Market Data on NKOSF


View all C-Suite Interviews


The 2022 C-Suite Interview series is now available on major podcast platforms

Labrador Gold is a Canadian based mineral exploration company focused on the acquisition and exploration of prospective gold projects in Eastern Canada. Labrador Gold’s flagship property is the 100% owned Kingsway project in the Gander area of Newfoundland. The three licenses comprising the Kingsway project cover approximately 12km of the Appleton Fault Zone which is associated with gold occurrences in the region, including those of New Found Gold immediately to the south of Kingsway. Infrastructure in the area is excellent located just 18km from the town of Gander with road access to the project, nearby electricity and abundant local water. LabGold is drilling a projected 100,000 metres targeting high-grade epizonal gold mineralization along the Appleton Fault Zone with encouraging results. The Company has approximately $26.5 million in working capital and is well funded to carry out the planned program. The Hopedale property covers much of the Florence Lake greenstone belt that stretches over 60 km. The belt is typical of greenstone belts around the world but has been underexplored by comparison. Work to date by Labrador Gold show gold anomalies in rocks, soils and lake sediments over a 3 kilometre section of the northern portion of the Florence Lake greenstone belt in the vicinity of the known Thurber Dog gold showing where grab samples assayed up to 7.8 g/t gold. In addition, anomalous gold in soil and lake sediment samples occur over approximately 40 km along the southern section of the greenstone belt (see news release dated January 25 th 2018 for more details). Labrador Gold now controls approximately 40km strike length of the Florence Lake Greenstone Belt. The Company has 168,889,979 common shares issued and outstanding and trades on the TSX Venture Exchange under the symbol LAB.

Release – Maple Gold Completes Regional Airborne Mag-EM Survey and Identifies New Drill Targets at Douay and Joutel



Maple Gold Completes Regional Airborne Mag-EM Survey and Identifies New Drill Targets at Douay and Joutel

Research, News, and Market Data on Maple Gold Mines

Vancouver, British Columbia–(Newsfile Corp. – July 19, 2022) – 
Maple Gold Mines Ltd. (TSXV: MGM) (OTCQB: MGMLF) (FSE: M3G) (“Maple
Gold
” or the “Company“) is pleased to announce that the 50/50 joint venture (the “JV”) between the Company and Agnico Eagle Mines Limited has completed a regional airborne magnetic and electromagnetic (“Mag-EM”) survey to support exploration drill targeting across 278 km2 of JV-controlled ground, including the western half of the Douay Gold Project (“Douay”) as well as the entire Joutel Gold Project (“Joutel”) in Quebec, Canada. Results from the new Mag-EM survey were analyzed alongside existing geological and geophysical data to identify anomalies of interest throughout the survey area that are prospective for pyritic gold and volcanogenic massive sulphide (VMS) styles of mineralization.

Fred Speidel, VP Exploration of Maple Gold, stated: “A
key pillar of our strategy is to focus drilling and exploration work in areas
that exhibit potential for additional larger and higher-grade mineralized zones
at Douay, while also testing the resource potential that remains along and
beyond the entire past-producing Eagle-Telbel mine trend at Joutel. We are
already drilling step-out and deep targets at both projects and these new
Mag-EM survey results point to additional targets not only in the Eagle-Telbel
mine area and along its lateral extensions, but also on the greater Douay
property, where the Company previously identified VMS targets via prospecting
in 2018. We look forward to testing this next set of targets in upcoming JV
drill campaigns.”

Interpretation and Summary of Results

The JV is currently ranking and prioritizing at least four (4) conductive target areas from the new Mag-EM survey for future drill testing (see Figure 1 for locations):

  • Joutel Targets include several EM anomalies within ~2-3 km of the historical Eagle, Telbel and Eagle West deposits that have very limited drilling. These deposits appear as discrete ~250 m diameter conductive zones aligned along a well-defined northwest trend. Known gold mineralization at Joutel is found along a series of subparallel structures over a strike length of at least 6 km along the Harricana/Joutel Deformation Zones associated with the Casa Berardi South Fault. The survey indicates possible similar structures extending more than 9 km further to the east in this area (see Figure 2 for additional detail).
  • Southeast Targets occur along the largely undrilled Douay-Joutel property boundary, within the Cartwright Hills Group basalts that are prospective for a similar style of mineralization to the Douay West and 531 Zones at Douay (see Figure 2 for additional detail).
  • Central Targets at Douay, to the west of the current mineral resource area (green pit outlines on Figure 1), are sparsely drilled and partly coincide and extend beyond VMS copper-zinc-(gold) (“Cu-Zn-(Au)”) anomalies defined during the Company’s prospecting work in 2018 (see news from November 14, 2018).
  • Northwest Targets at Douay are associated with an intrusive-like magnetic anomaly that is over 2 km across. This target area is sparsely drilled and straddles the interpreted position of the Casa Berardi North Fault.


 

Figure 1: Distribution of conductive target areas, known gold-bearing and other interpreted favorable structures at Douay (>17 km) and Joutel (>6 km) on a residual magnetic base map.
 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3077/131243_629c94e63417b9b8_001full.jpg


 

Figure 2: Closeup of Eagle-Telbel mine area and Douay-Joutel property boundary with identified conductive target areas and known/interpreted structures on a Tau dB/dt EM base map.
 

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/3077/131243_629c94e63417b9b8_002full.jpg

The Mag-EM survey utilized Geotech Ltd.’s VTEMTM Plus Time Domain EM system with a horizontal magnetic gradiometer configuration, providing a maximum depth of investigation ranging from 250-700 m that is significantly greater than the maximum depth of about 150 m from historical surveys conducted in this area. It consisted of 2,029 line-km flown using a 150 m line spacing and covered a 278 km2 area including the western half of Douay and all of Joutel.

Numerous conductive and magnetic anomalies were identified. Strong magnetic responses were noted, with a measured range of >5,700 nT, including two large (>5×8 km), intrusion-like, circular to elliptical anomalies along the northern and northeastern edges of the surveyed block.

Electromagnetically, the block is characterized as being largely resistive with sparse, moderate to highly conductive, EW to WNW-ESE linear trends occurring throughout, but mainly focused in the eastern half of the surveyed area. The western part of the block features a mainly larger area (>1×2 km) with EW elongate conductive responses, some of which may be lithologic. The eastern half of the block features a mix of numerous short strike-length (<150-500 m), discrete deeper conductor axes, mainly located in the northern part. Most EM conductors either closely parallel or coincide with magnetic high horizons. Apparent resistivities range from lows of <2-100 ohm-m to highs of 800-4,500 ohm-m.

Qualified Person

The scientific and technical data contained in this press release was reviewed and prepared under the supervision of Fred Speidel, M. Sc., P. Geo., Vice-President Exploration of Maple Gold. Mr. Speidel is a Qualified Person under National Instrument 43-101 Standards of Disclosure for Mineral Projects. Mr. Speidel has verified the data related to the exploration information disclosed in this press release through his direct participation in the work.

About Maple Gold

Maple Gold Mines Ltd. is a Canadian advanced exploration company in a 50/50 joint venture with Agnico Eagle Mines Limited to jointly advance the district-scale Douay and Joutel gold projects located in Quebec’s prolific Abitibi Greenstone Gold Belt. The projects benefit from exceptional infrastructure access and boast ~400 km2 of highly prospective ground including an established gold resource at Douay (SLR 2022) that holds significant expansion potential as well as the past-producing Eagle, Telbel and Eagle West mines at Joutel. In addition, the Company holds an exclusive option to acquire 100% of the Eagle Mine Property.

The district-scale property package also hosts a significant number of regional exploration targets covering 55 km of strike length along the Casa Berardi Deformation Zone that are yet to be drill tested, making the project ripe for new gold and polymetallic discoveries. The Company is well capitalized and is currently focused on carrying out exploration and drill programs to grow resources and make new discoveries to establish an exciting new gold district in the heart of the Abitibi. For more information, please visit 
www.maplegoldmines.com.

ON BEHALF OF MAPLE GOLD MINES LTD.

“Matthew Hornor”

B. Matthew Hornor, President & CEO

For Further Information Please Contact:

Mr. Joness Lang
Executive Vice-President
Cell: 778.686.6836
Email: 
jlang@maplegoldmines.com

Mr. Kiran Patankar
SVP, Growth Strategy
Cell: 604.935.9577
Email: 
kpatankar@maplegoldmines.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 PRESS RELEASE.

Forward-Looking Statements:
This press release contains “forward-looking information” and “forward-looking statements” (collectively referred to as “forward-looking statements”) within the meaning of applicable Canadian securities legislation in Canada, including statements about exploration work and results from current and future work programs. Forward-looking statements are based on assumptions, uncertainties and management’s best estimate of future events. Actual events or results could differ materially from the Company’s expectations and projections. Investors are cautioned that forward-looking statements involve risks and uncertainties. Accordingly, readers should not place undue reliance on forward-looking statements. For a more detailed discussion of such risks and other factors that could cause actual results to differ materially from those expressed or implied by such forward-looking statements, refer to Maple Gold Mines Ltd.’s filings with Canadian securities regulators available on www.sedar.com or the Company’s website at www.maplegoldmines.comThe Company does not
intend, and expressly disclaims any intention or obligation to, update or
revise any forward-looking statements whether as a result of new information,
future events or otherwise, except as required by law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/131243