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IIROC Trading Resumption – ANK

IIROC Trading Resumption – ANK
Canada NewsWire
VANCOUVER, BC, Jan. 13, 2022

VANCOUVER, BC, Jan. 13, 2022 /CNW/ – Trading resumes in:
Company: Angkor Resources Corp.
TSX-Venture Symbol: ANK
All Issues: Yes
Resumption (ET): 2:45 PM
IIROC can make a d…

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IIROC Trading Resumption – ANK

Canada NewsWire

VANCOUVER, BC, Jan. 13, 2022 /CNW/ – Trading resumes in:

Company: Angkor Resources Corp.

TSX-Venture Symbol: ANK

All Issues: Yes

Resumption (ET): 2:45 PM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions


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Sabina Gold & Silver Reports Fatal Accident Near Back River Port Facility

VANCOUVER, British Columbia, Jan. 17, 2022 (GLOBE NEWSWIRE) — Sabina Gold & Silver Corp. (“Sabina”) or (the “Company”) (SBB – TSX/ SGSVF…

VANCOUVER, British Columbia, Jan. 17, 2022 (GLOBE NEWSWIRE) — Sabina Gold & Silver Corp. (“Sabina”) or (the “Company”) (SBB – TSX/ SGSVF – OTCQX) regrets to report a fatal accident involving an employee of a contractor employed at the Back River Gold District, Nunavut, Canada.

The accident was reported at approximately 3:00 p.m. local time on January 17, 2022. The individual’s family has been notified.

While clearing snow, a D6 dozer and its operator were lost through the ice approximately 6km from the Port Facility at Bathurst inlet.

The RCMP in Cambridge Bay, Workers’ Safety and Compensation Commission and the Mines Inspector have been notified. An investigation is underway to determine the cause of the accident.

“On behalf of Sabina, we would like to extend our deepest condolences to the individual’s family, friends and colleagues,” said Bruce McLeod, Sabina’s President & CEO.

Operations at the Back River Project have been temporarily suspended. Sabina will work with the contractor to ensure all the necessary support and assistance will be provided to the individual’s family during this difficult time. The Company will also provide support and counselling to assist our employees and contractors at the camp.

For further information please contact:

Nicole Hoeller, Vice-President, Communications:       1 888 648-4218
                                                          [email protected]


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Brascan Gold Negotiates Earn-In Options on Multiple Brazilian Gold Properties, Including the Alegre Gold Project in Northeastern, Brazil

Vancouver, British Columbia–(Newsfile Corp. – January 17, 2022) – Brascan Gold Inc. (CSE: BRAS) ("Brascan" or the "Company") is pleased to provide an…

Vancouver, British Columbia–(Newsfile Corp. – January 17, 2022) – Brascan Gold Inc. (CSE: BRAS) (“Brascan” or the “Company”) is pleased to provide an update on its ongoing review of the multiple earn-in options on gold properties in Brazil. As previously announced on December 29, 2021, Brascan completed its due diligence site visit on the Alegre Gold Project (the “Project“) in Pará State, northeastern Brazil. The site visit verified multiple recently active or active artisanal gold mines (garimpos) of significant size, evidently recovering gold from the weathered saprolite zone within structurally controlled shear zones. These gold garimpos attest to Project’s significant gold potential. Brascan believes the saprolite (weathered zone) gold mineralization is likely to extend into the bedrock below, and that this mineralization will be a focus of the anticipated exploration program. This exploration program is expected to include geophysics (magnetics and electromagnetics), surface sampling and planning with respect to the how to cooperatively work with the garimpos. Brascan hopes to develop strong drill targets from this work, especially given the evidence of garimpo gold production.

Location of the Alegre Gold Project:

To view an enhanced version of this graphic, please visit:
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Based on the results of the site visit and additional detailed due diligence on the Alegre Gold Project, Brascan intends to formally announce its acceptance of the earn-in option with the 100% claims owners Chapada Brasil Mineração Ltda. (“CBM” or the “Optionor”) by the end of January, 2022.

Gold garimpo of significant scale on the Alegre property.

Cannot view this image? Visit: https://www.nxtmine.com/wp-content/uploads/2022/01/b358c4673f55760dcc4e061e70f07ea8.jpg

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The Project is located on the same gold mineralization trend as Goldmining Inc.‘s advanced Cachoeira gold project 15 km to the north and Oz Minerals’ CentroGold Project 30 km to the south (considered one of Brazil’s largest undeveloped gold projects). CBM also reports that other adjacent neighbors to the Alegre Gold Project include Kinross Brasil Mineração and IAM Gold Corp.

https://www.goldmining.com/projects/brazil/cachoeira/

https://www.ozminerals.com/en/where-we-work/gurupi/centrogold

The Alegre Gold Project (yellow) is located between Goldmining’s Cachoeira Gold Project (green) to the north, and OZ Minerals’ CentroGold Project to the south, within the same 100 km long structurally deformed volcaniclastic stratigraphic unit.

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Additional Brazilian gold targets

Brascan is concurrently conducting detailed due diligence studies on two other gold projects in Brazil. One is in Goias State, about a 3 hour drive from Brasilia, where Brascan has identified “blue-sky” potential for gold along a 1.6 km mineralized trend. This project also may be suitable for bulk sampling under a Brazilian trial mining licence while the blue-sky potential is being explored. The other Project is located in the heart of Brazil’s traditional mining district in Minas Gerais State. In that area, gold mining has occurred since the times of the Portuguese empire, but exploration work suggests high-grade targets may remain.

Balbir Johal, CEO, stated, “we look forward to closing the Alegre Gold option agreement in short order, which we hope will mobilize our exploration immediately to unlock the Project’s full potential.”

Qualified person

Harrison Cookenboo Ph.D., P.Geo. and a QP by the standards of Canadian National Instrument 43-101, has reviewed the scientific and technical information that forms the basis for this news release and has approved the disclosure herein.

For more information, investors should review the Company’s filings that are available at www.sedar.com.

Contact Information
Balbir Johal
Director and CEO
Telephone: 604 812 1747
Email: [email protected]

Forward-Looking Statements

This news release contains certain forward-looking statements that are “forward-looking information” within the meaning of applicable securities laws. All statements that are not historical facts, including without limitation, statements regarding future estimates, plans, programs, forecasts, projections, objectives, assumptions, expectations or beliefs of future performance, including statements regarding the terms of the consulting arrangement are “forward-looking information” and in this news release statements respecting: the Company’s exploration and due diligence activities in Brazil; the Company’s intention to accept the earn-in option with CBM; expectations respecting drill targets and gold mineralization at the Project; potential for bulk sampling at the project being investigated in Goias State; the possibility that high-grade targets may remain at the Minas Gerais State project being investigated, the Company’s hope to mobilize its exploration and unlock the Project’s full potential. These forward-looking statements reflect the expectations or beliefs of management of the Company based on information currently available to it. Forward-looking statements are subject to a number of risks and uncertainties, including those detailed from time to time in filings made by the Company with securities regulatory authorities, which may cause actual outcomes to differ materially from those discussed in the forward-looking statements. These factors should be considered carefully and readers are cautioned not to place undue reliance on such forward-looking statements. The forward-looking statements and information contained in this news release are made as of the date hereof and the Company undertakes no obligation to update publicly or revise any forward-looking statements or information, whether as a result of new.

Not for dissemination in the United States or for distribution to U.S. wires services

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To view the source version of this press release, please visit https://www.newsfilecorp.com/release/110601




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Cross River Announces Grant of Stock Options

Vancouver, British Columbia–(Newsfile Corp. – January 17, 2022) – Cross River Ventures Corp. (CSE: CRVC) (OTCQB: CSRVF) (FSE: C6R) (the "Company") today…

Vancouver, British Columbia–(Newsfile Corp. – January 17, 2022) – Cross River Ventures Corp. (CSE: CRVC) (OTCQB: CSRVF) (FSE: C6R) (the “Company”) today announced that it has awarded incentive stock options pursuant to its stock option plan, to various directors, officers and consultants of the Company, to purchase up to an aggregate of 2,000,000 common shares of the Company. The stock options are subject to a four month hold period, are exercisable at a price of $0.17 per share and expire two years from the (January 17, 2022) date of grant.

Resignation of Director

Additionally, the Company reports that Mike Sieb has voluntarily resigned his position as director of the Company to focus on present and future opportunities. The Company would like to convey their appreciation for his contributions and wish him the best in his future endeavors.

About Cross River Ventures Corp.

Cross River is a gold exploration company focused on the development of top tier exploration properties located in emerging Greenstone Districts of NW Ontario, Canada. The Company controls a 28,000-ha, multiple project portfolio with highly prospective ground in and among prolific, gold bearing greenstone belts. Cross River’s common shares trade under the symbol “CRVC” on the CSE.

On behalf of the Board of Directors of

CROSS RIVER VENTURES CORP.

Alex Klenman
CEO
604-227-6610
[email protected]
www.crossriverventures.com

No securities regulatory authority has either approved or disapproved of the contents of this press release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/110602





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