@dynaCERT $DYA $DYFSF Appoints Former #President of #Cummins #Diesel #Canada, Michael Christodoulou, as #Business/#Marketing #Advisor

dynaCERT TSX.V-DYA announced that Michael Christodoulou, the former President of Cummins Eastern Canada LP and Cummins Diesel of Canada, is joining the Advisory Board as a Business/Marketing Advisor.

Mr. Christodoulou has over 30 years of extensive experience and vast knowledge working with major North American trucking companies. He held the position of President and Principal of Cummins Eastern Canada LP for 15 years, Executive Director of PACCAR Business, Cummins Inc. and was President of Cummins Diesel of Canada for over seven years. Mr. Christodoulou has a superior track record within the trucking industry and has developed excellent industry affiliations with global transportation companies and all the major truck OEM’s.

Mr. Christodoulou was formerly on the Global Distributor Advisory Council for Cummins Power Generation, was the Chairman of the Canadian Association of Equipment Distributors, and the VP and Board Member of the Associated Equipment Dealers. He is a Member of the Canadian Trucking Alliance, and has been a member of the Ontario, Quebec and the Atlantic Provinces Trucking Associations.  Mr. Christodoulou is a former member of Cummins Distribution Council and was the Co-Chair of Cummins Bus Council.

dynaCERT announces the receipt of $1 million from Mr. Christodoulou as a strategic partner in the business. This funding was a private placement of 1,176,471 units at a price of $0.85 per unit. Each unit is comprised of one common share in the capital of the Company and one-half of one common share purchase warrant, with each whole warrant being exercisable into one Common Share at a price of $1.25 for a two-year period from the date of issuance. The warrants include an acceleration clause to the effect that if at any time after four months and one day following the issuance of the warrants, the closing trading price of the Common Shares on the TSX Venture Exchange (the “Exchange”) is greater than $2.00 per Common Share for a period of ten consecutive trading days, then dynaCERT may give notice to the holder of the warrants of its intention to force the exercise of the warrants, following which the holder thereof shall have a period of 30 days to exercise the warrants, failing which the warrants will automatically expire.

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@TriumphGold $TIG $NFRGF 13,000 Metre #Drill #Program Underway at #Freegold #Mountain #Project, #Yukon

Triumph Gold TSXV.TIG commenced a 13,000 metre diamond drill program at its road accessible Freegold Mountain project in the Dawson Range, Yukon. The program will test several new drill targets identified during 2016 field exploration and data review.  The 2016 work focused on identifying geological controls on mineralization at the Revenue and Nucleus porphyry deposits on the Freegold Mountain Property.  These studies recognized an early stage of porphyry-style mineralization that was not targeted during past exploration.  The work defined three new exploration targets, one each at Revenue and Nucleus, and a newly identified porphyry target at the Generation Zone.

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  • Drilling is now underway at the Generation Zone, a newly recognized porphyry Cu-Au system. The identification of high density stockwork with multiple vein events, high temperature alteration, and associated copper and gold mineralization indicates that the Generation Zone represents a high-temperature core to a porphyry Cu-Au system.  Triumph plans 2,000 metres of drilling to test this zone.
  • A second drill will be mobilized within a week and begin drilling at the Revenue and adjacent Blue Sky Zones.  At Revenue, past exploration focused on the mineralized margin of an approximately 1 km long elliptical diatreme.
  • Other areas that will be drill tested include the Nucleus Zone (4,000m) and a soil and geophysical anomaly that extends 2 km along strike between the Nucleus and Revenue deposit areas (2,000 m).

Go to www.triumphgoldcorp.com for full news release dated June 7, 2017

@RioTinto to Provide $750,000 Cash Injection to @PistolBayMining $PST

Pistol Bay $PST has amended their agreement with Rio Tinto Exploration Canada with regard to the C4, 5 and 6 Uranium properties, whereby Rio Tinto will make an initial cash payment of $750,000 to Pistol Bay.

Under the amending agreement, Rio Tinto will acquire an additional 25% interest in the Property (thereby increasing its aggregate interest to 100%), by:

a) paying Pistol Bay $750,000 on or before April 17, 2017; and b) paying Pistol Bay one of the following payments:

i) $1,500,000 on or before 31 December 2017; ii) $2,000,000 on or before 31 December 2018; or iii) $2,250,000 on or before 31 December 2019.

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@PistolBayMining $PST Acquires Additional Ground at Confederation Lake-Gold, as well as Zinc-Copper Historic Drill Holes

Pistol Bay Logo3Pistol Bay $PST has optioned two additional claim groups in the Confederation Lake greenstone belt, Ontario which brings their land position in this belt to approximately 9,450 ha over a 53 km length of favourable volcanic geology.

The two claim groups are called Lucky 7 and Moth groups. The Lucky 7 covers a number of mineralized zones which adjoin the Garnet Lake and Garnet East claim groups. A copper-gold sulphide zone, which apparently grades into a siliceous gold zone at its eastern end, was stripped and drill tested in 2002 by Kings Bay Gold Corp. A zone of massive to disseminated sulphides has been trenched but apparently never drilled.

The Moth group of 10 claims comprises 85 units over 1,360 ha and covers a 5.5 km length of favourable geology and its north boundary is only 2 km from former producing South Bay mine.The area was extensively explored between 1970 and the mid 1990s, with at least 14 diamond drill holes. Widespread hydrothermal alteration was noted and there were numerous indications of zinc and/or copper mineralization.

@TriumphGoldCorp $TIG $NFRGF Announces Results of AGM

Incumbent directors John Anderson, Paul Reynolds, Joe Campbell and Marco Strub were re-elected to the board of directors. Gregory Sparks was elected as a new director and previous directors Bill Harris and Greg Johnson did not stand for re-election.

Greg Sparks is a registered Professional Engineer and currently the Managing Director-Metals of John T. Boyd Company Mining and Geological Consultants. He has over 40 years of diverse experience relating to surface and underground mines and plants.

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Rio Tinto to Drill on @PistolBayMining ‘s C-5 #Uranium #Property, #Saskatchewan

Rio Tinto Exploration Canada Inc. (”RTECI” or “Rio Tinto”) has informed Pistol Bay that is continuing with its exploration program on the 2,500-acre (1016 hectares) C5 uranium property in the Athabasca Basin, northern Saskatchewan.

Rio Tinto intends to drill between 4 and 6 diamond drill holes for a program total of approximately 2,600 metres, targeting uranium mineralization at the unconformity between the Athabasca Basin sediments and the older basement rocks, and in the basement itself.  The C5 property adjoins the Wheeler River property, controlled by Denison Mines Corp.  It lies 4.5 kilometres north of the Phoenix uranium deposit, 5 kilometres northeast of the Gryphon uranium deposit, and 2.6 kilometres northeast of the 489 Uranium Zone.

The C5 property, together with the C4 and C6 claims, is under option to Rio Tinto, which has earned a 75% interest, and has previously announced its intention to exercise the further option to acquire 100% interest by paying Pistol Bay C$5,000,000 within 5 years of December 31st 2014 and granting Pistol Bay a 5% net profits interest (see Pistol Bay news release of February 16th, 2015).  Rio Tinto has, to date, completed 12 diamond drill holes totalling 6,104 metres on the C5 property and carried out a gravity survey and a DC resistivity.  The 2017 diamond drilling program is scheduled to commence on January 20th.

Pistol Bay LogoThe C4, C5 and C6 properties are road-accessible, an important feature that allows exploration funds to be used much more effectively than more remote, fly-in projects.  The 75-kilometre all-weather haul road from the McArthur River mine to Cameco’s Key Lake mine/mill passes approximately 5 kilometres from the properties, and there is a network of bush roads or trails that can be used by 4-wheel drive vehicles.

see: www.pistolbaymining.com for complete news release

#PistolBayMining $PST Commences Field Work – Receives #Exploration #Permit for #Drilling on #Dixie #Projects #RedLake #Ontario

Pistol Bay Mining (TSX.V-PST) (#Frankfurt OQS2) is commencing a program of field work on its zinc-rich base metal projects (the “Dixie Projects”) in the Confederation Lake greenstone belt, southeast of Red Lake in northwestern Ontario. Pistol Bay has received an Early Exploration Permit which is valid for three years and allows diamond drilling and mechanized stripping. An Exploration Plan has also been placed on file covering line cutting and geophysical surveys requiring a generator.
The Company is now planning an initial diamond drilling program of between 1,500 and 2,000 metres for the fall of 2016. The program will focus on confirmation of previously drilled targets for which information is incomplete.
Compilation of historical exploration data is continuing, as well as plans for a possible deep-penetrating electromagnetic survey and/or a gravity survey.
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Grizzly $GZD $GZDIF Closes 1st Tranche of Private Placement of Units

Grizzly Discoveries (TSX.V-GZD) (OTCBB-GZDIF) has closed the first tranche of their private placement issuing 2,794,680 units at a price of $0.05 per unit for gross proceeds of $139,734. Each unit consists of one common share and one non-transferable warrant. Each warrant entitles the holder to acquire one additional shares at an exercise price of $0.075 per share.

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200,000 of the 2,794,680 units sold were purchased by insiders of the Company. No commissions or finders fees were paid. The proceeds will be used for general working capital.

#Metanor $MTO $MEAOF Confirms the Extension of the #Gold Structure at Depth on the #Moroy #Property

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Metanor Resources Inc. (“Metanor”) (TSX VENTURE:MTO) (OTCBB:MEAOF) is pleased to announce the drilling results for the new zone on the Moroy property located 1 km from the Bachelor mill.

The drilling from the last few weeks allowed to define the extension of the gold structure from surface down to 650 m deep; the structure was intercepted by drill holes at depth of 50, 100, 400, 600, and 650 meters, see section below.

These first 3,800 meters of the drill campaign also allowed the confirmation of a sub-vertical structure ranging between 1 and 5 meters. Moreover, the drill campaign in 2015 confirmed the presence of a gold structure 570 m long east to west.

Hole From (m) To (m) Length (i) Grade (g/t Au) (ii)
MO-16-103b 332 332.9 0.8 2.1
MO-16-103b 429.4 429.8 0.4 3.4
MO-16-103b 527.1 527.4 0.3 12.6
MO-16-103b 544.3 545.9 1.6 6.9
MO-16-103b 554 556.4 2.4 2.5
MO-16-106 44.6 47.5 2.9 2.6
MO-16-107 29.6 33 3.4 3.7
MO-16-108 39.4 42.7 3.3 1.2
MO-16-114 25.5 27.1 1.6 5.3
MO-16-116 103.7 106.8 3.1 2.8
MO-16-117 35.6 37.8 2.2 6.9
MO-16-119 85.3 87.6 2.2 0.2
MO-16-121 71.3 72.9 1.6 0.6
MO-16-122 32.1 33.6 1.5 2.4
MO-16-124 17 19 2.1 3.8
MO-16-130 606.9 608 1.1 2.7
MO-16-131 444.5 447 2.5 5.5
MO-16-133 10.7 12 1.3 9.1
MO-16-135 8.3 14.8 6.6 3.8
including 9.1 10.6 1.5 12.2
MO-16-136 30.5 31.3 0.8 5.2
MO-16-138 28 28.3 0.3 2.8
MO-16-139 8.3 14.8 6.6 1.8
including 9.1 10.6 1.5 9.2
MO-16-139 73.6 75.1 1.5 2
MO-16-140 84 87.4 3.4 6.7
MO-16-141 117.6 118.1 0.6 2.2
MO-16-141 160.2 160.8 0.6 2.7
MO-16-144 57.8 58.4 0.6 3.7
MO-16-144 79.6 80.5 0.9 5.2
MO-16-144 160.9 161.5 0.6 2.2

*Core length

Meanwhile, the 2016 drilling campaign expected to total 60,000 meters is progressing. A first drill is focusing on the zones near surface, from 0 to 150 m deep, at a drill spacing of 25 m between each hole so mineral resources may be defined at the end of the campaign. A second drill rig will target the same structure at depths ranging between 150 and 300 m and a third drill rig, expected to begin in May, will aim to define the lateral extensions to the east and to the west.

Metanor estimates that the mineralized intercepts’ true thicknesses reach 70 to 95% of the drill cores. A capping of 31 g/t was used or 1 Au ounce. The Company uses a rigorous, industry-standard, QA/QC program. The samples were assayed by fire-assay at the Metanor assay lab. Blanks, duplicates and certified reference standards are inserted into the sample stream to monitor laboratory performance. The quality control program of the assay results (QA/QC) adopted by Metanor includes a minimum of 10% of controlled assays being conducted as well as verification by an independent ALS-certified assay laboratory in Val-d’Or, Québec. Results of the spot checks were consistent with those reported.

Qualified Person

Pascal Hamelin, P. Eng., Vice-president of Operations, is the Qualified Person under NI 43-101, responsible for reviewing and approving the technical information contained in this news release

To view the maps associated with this press release, please visit the following link: Maps for Moroy Property

#Kinross’ KG Exploration Completes 2015 Work Program, Submits Plans for 2016 Exploration on 75% Option from #Grizzly $GZD $GZDIF on #Greenwood Property, #BC

Grizzly_72dpi#Kinross has completed its 2015 work program on the 131 claims that form a  contiguous package totalling approximately 27,345 ha, representing one third of Grizzly’s land at Greenwood. Kinross can earn a 75% interest on optioned land by incurring US$3 million in exploration expenditures over a five year period.

Five target area were selected – Attwood-Overlander, March Creek, Kerr Creek, Bruce Creek and Midway – to assess and prioritize targets on the land package for further work in 2016. Kinross uncovered previously unrecognized epithermal quartz veining and precious metal mineralization at the Attwood-Overlander area. Rock grab samples from the exposed epithermal veins that range from 0.75 to 2 m in width returned up to 29.8 g/t gold. This is considered a high priority for follow-up exploration in 2016.

Rock and soil sampling at March Creek, Bruce Creek and Kerr Creek have returned anomalous precious metals and epithermal indicators and warrant follow-up exploration in 2016. The geochemical results at the Midway Target may indicate the presence of an epithermal overprint and further exploration is recommended for 2016.

Kinross has indicated that the initial objective for the 2016 program will be to continue to evaluate the potential of the various target areas, working up specific targets to move forward using detailed mapping along with geologic and deposit models as a guide as well as many of the regional data sets already completed by Grizzly to move certain targets to a drill testing stage, potentially in 2016. Many of the target areas on the property are currently at the generative stage, with only a few geophysical and/or geochemical based targets having been drilled by Grizzly to date.