Connect with us

Today’s News

Stans Energy Announces AGSM Results

TORONTO, ON / ACCESSWIRE / January 13, 2022 / Stans Energy Corp. (TSXV:HRE)(OTCQX:HREEF), ("Stans" or the "Company"), reports on the following results…

Published

on

TORONTO, ON / ACCESSWIRE / January 13, 2022 / Stans Energy Corp. (TSXV:HRE)(OTCQX:HREEF), (“Stans” or the “Company”), reports on the following results from its Annual and General Special Meeting held on Jan. 06, 2022:

Election of Directors:

The Nominees listed in the management proxy circular for the 2022 AGSM were elected as directors of Stans Energy Corp. Detailed Results of the votes by ballot for the election of directors held at the AGSM are as follows:

Nominee

Votes For

% For

Votes Withheld

% Withheld

Rodney Irwin

20,353,849

97.778%

463,765

2.23%

Gordon Baker

20,354,349

97.775%

463,265

2.23%

Douglas Underhill

20,354,349

97.775%

463,265

2.23%

Boris Aryev

20,262,349

97.33%

555265

2.67%

Albert Grenke

20,354,349

97.775%

463,265

2.23%

Appointment of Auditors

PKF Antares, Chartered Professional Accountants has been appointed auditors of the corporation to hold office until the close of the next annual general meeting of shareholders at such remuneration as may be fixed by the directors and the directors are hereby authorized to fix such remuneration. Results for the appointment of auditors are as follows:

20,353,349 (97.77%) votes for and 464,265 (2.23%) votes withheld

Stock Option Plan

The Stans Energy Corp. 10% rolling Stock Option Plan has been approved by the shareholders. Results as follows:

18,826,227 (90.434%) votes for and 1,991,387 (9.566%) votes against.

Appointment of Officers.

The Board of Directors meeting held at the same date made the following appointments, subject to acceptance of the TSX:

  1. Boris Aryev as Interim President and CEO of the Company.
  2. Rodney Irwin is re-appointed as Chairman of the Board of Directors.

Shares for Debt Settlement

The Company reports that former CFO, Olga Stevens, has been issued 1,120,000 shares at $0.05 per share to settle partial debt owed from salary arrears dating from July 2019 to May 2021. The Shares for Debt Settlement Agreement was approved by Stans Board of Directors on January 6, 2022.

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 news release.

About Stans Energy

Stans Energy Corp. is a resource development company focused on advancing rare and specialty metals properties and processing technologies. Previously, the Company acquired, among other things, the right to mine the past producing rare earth mine, Kutessay II, in the Kyrgyz Republic. Due to the expropriation actions taken by the Government of the Kyrgyz Republic, the Company proceeded with the international arbitration litigation to protect the Company’s rights and in August 2019 won the Arbitration including damages for over US$24,000,000 plus interest. The rights to collect damages were assigned to the Litigation Funders to repay for the funding provided under Litigation Funding Agreements.

We seek safe harbour.

Contact Details

Rodney Irwin
Stans Energy Corp
Chairman of the Board
[email protected]
647-426-1865

Boris Aryev
Stans Energy Corp
President & CEO
[email protected]
416-716-4748

FORWARD LOOKING STATEMENTS:

This document includes forward-looking statements as well as historical information. Forward-looking statements include, but are not limited to, use of proceeds from the Offering, the completion of the Offering, the continued advancement of the company’s general business development, research development and the company’s development of mineral exploration projects. When used in this press release, the words “will”, “shall”, “anticipate”, “believe”, “estimate”, “expect”, “intent”, “may”, “project”, “plan”, “should” and similar expressions may identify forward-looking statements. Although Stans Energy Corp. believes that their expectations reflected in these forward looking statements are reasonable, such statements involve risks and uncertainties and no assurance can be given that actual results will be consistent with these forward-looking statement. Important factors that could cause actual results to differ from these forward-looking statements include the potential that fluctuations in the marketplace for the sale of minerals, the inability to implement corporate strategies, the ability to obtain financing and other risks disclosed in our filings made with Canadian Securities Regulators.

SOURCE: Stans Energy Corp.

View source version on accesswire.com:
https://www.accesswire.com/683446/Stans-Energy-Announces-AGSM-Results

financing
tsxv-hre
stans-energy-corp
press-release

Today’s News

Voyager Metals Reports Additional Assay Results from Its 2021 Infill Drill Program at Its Mont Sorcier Iron and Vanadium Project

Assay Results From 6 Additional Holes Continues to Support Grade and Thickness Expectations of the Northern Mineralized ZoneTORONTO, ON / ACCESSWIRE /…

  • Assay Results From 6 Additional Holes Continues to Support Grade and Thickness Expectations of the Northern Mineralized Zone

TORONTO, ON / ACCESSWIRE / January 20, 2022 / Voyager Metals Inc (the “Company”) (TSXV:VONE) is pleased to provide assay results for an additional 6 holes from its 2021 infill drill program at its Mont Sorcier iron and vanadium project, at Chibougamau, Quebec. As previously reported, the program consisted of 42 holes comprising 15,178 meters of drilling, with all drill holes completed in the North Zone in order to upgrade the resource category for the completion of a planned feasibility study to be undertaken in 2022. Inclusive of these results, a total of 24 holes have been reported and additional updates are expected shortly.

Cliff Hale-Sanders, President and CEO commented “As anticipated, the ongoing assays results are in line with our expectations of grade and thickness of the mineralized zone. Results to date continue to support our interpretation of grade, scale and the continuous nature of the Mont Sorcier deposit. Voyager expects to imminently upgrade sufficient Inferred resources to the Measured and Indicated categories upon which to build a Bankable Feasibility Study targeted for completion in Q1/2023.”

As outlined previously, the goal of the 2021 drill program is to upgrade a sufficient portion of the current Inferred Mineral Resources to the Measured and Indicated Categories to support a 20-year mine life as the basis for a feasibility study which is expected to commence early in 2022. As reported in the compliant NI 43-101 Technical Report – Mineral Resource Estimate of the Mont Sorcier Project, Province of Quebec, Canada completed by CSA Global (June 25, 2021), the North Zone has 809.1 Mt inferred mineral resources at 34.2% Magnetite and the South Zone contains 113.5 Mt Indicated mineral resources at 30.9% Magnetite and 144 Mt Inferred resources at 24.9% Magnetite. The Technical report is available on SEDAR and on the Company website (www.voyagermetals,com).

Assay Results

Table 1 below presents assay results for an additional 6 drill holes. We continue to await results for a further 18 holes which we expect to be available in January. As per the previous 18 drill holes reported in late 2021, visual examination and magnetic testing (MPP) of the most recent drill core continues to support the intersection of mineralized material as generally predicted by the resource outline in 2020. We currently have 1,802 samples assayed and 1,141 awaiting assays at the lab for a total of 2,943 samples delivered to the lab. Work on completing Davis Tube Test results to confirm concentrate grades for both iron and vanadium is in progress. We continue to expect to be able to present an updated NI 43-101 resource report at the end of Q1/22 to backstop the Bankable Feasibility Study (“BFS”).

The additional holes reported in Table 1 are located deep in the middle of the target area of the program in the North Zone except for holes 33, 35 and 42 which were drilled starting directly in iron ore on top of Mont Sorcier mountain. The length of intersections in the iron formation averages 151.4 meters (about 107.5 meters true thickness) and grades average of 30.0% Magnetite (Fe3O4). This is in line with previous results of drilling in 2018 and 2020 referred to above and in previous News Releases.

Table 1 Assay Results of 6 drill holes of the 2021 Drill Program (all Assays are in %)

Figure 1: 2021 Drill Location Map

Qualified Persons Statements

The technical information contained in this news release has been reviewed and approved by Pierre-Jean Lafleur, P.Eng. (OIQ), who is a Qualified Person with respect to the Company’s Mont Sorcier Project as defined under National Instrument 43-101.

About Voyager Metals Inc.

Voyager Metals Inc is a mineral exploration company headquartered in Toronto, Canada. The Company is focused on advancing its Mont Sorcier, Vanadium-rich, Magnetite Iron Ore Project, in Chibougamau, Quebec. As reported in the compliant NI 43-101 Technical Report – Mineral Resource Estimate of the Mont Sorcier Project, Province of Quebec, Canada completed by CSA Global and dated June 25, 2021, the South Zone contains 113.5 Mt Indicated mineral resources at 30.9% Magnetite and 144 Mt Inferred resources at 24.9% Magnetite and the North Zone has 809.1 Mt inferred mineral resources at 34.2% Magnetite

ON BEHALF OF THE BOARD OF DIRECTORS OF VOYAGER METALS INC.

Cliff Hale-Sanders, President & CEO
Tel: 416-819-8558
[email protected]
www.voyagermetals.com

Cautionary Note Regarding Forward-Looking Statements:

Neither 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 release.

This news release contains “forward-looking information” including statements with respect to the future exploration performance of the Company. This forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements of the Company, expressed or implied by such forward-looking statements. These risks, as well as others, are disclosed within the Company’s filing on SEDAR, which investors are encouraged to review prior to any transaction involving the securities of the Company. Forward-looking information contained herein is provided as of the date of this news release and the Company disclaims any obligation, other than as required by law, to update any forward-looking information for any reason. There can be no assurance that forward-looking information will prove to be accurate and the reader is cautioned not to place undue reliance on such forward-looking information.

SOURCE: Voyager Metals Inc.

View source version on accesswire.com:
https://www.accesswire.com/684836/Voyager-Metals-Reports-Additional-Assay-Results-from-Its-2021-Infill-Drill-Program-at-Its-Mont-Sorcier-Iron-and-Vanadium-Project

drilling
drill program
intersection
tsxv-vone
vanadium-one-iron-corp
press-release

Continue Reading

Today’s News

Snow Lake Lithium Presents to Members of Government as Well as Automakers Such as Tesla, GM and Ford

MANITOBA, ON / ACCESSWIRE / January 20, 2022 / Snow Lake Resources Ltd., d/b/a Snow Lake Lithium Ltd. (NASDAQ:LITM) ("Snow Lake" or the "Company"), had…

MANITOBA, ON / ACCESSWIRE / January 20, 2022 / Snow Lake Resources Ltd., d/b/a Snow Lake Lithium Ltd. (NASDAQ:LITM) (“Snow Lake” or the “Company”), had the honor of being invited to present on January 12th at an online event hosted by the US Consulate General of Manitoba in conjunction with the Manitoba Provincial Government. The event was titled “Introducing the Province of Manitoba’s Critical Minerals Initiatives”.

Presenting with Bryan Koontz, the U.S. Consulate General, was Kelven Goertzen, Deputy Premier of Manitoba; David Chartrand, President of Manitoba Métis Federation; Dr. Stewart Hill of Manitoba Keewatinowi Okimakanak; Honorable Ralph Eichler, Minister, Agriculture and Resource Development; Jordan Gaw, Regional Director of Invest in Canada; Miquel Peñaloza, U.S. EXIM Bank; Dr. Grant S. Bromhal, Acting Director, Mineral Sustainability Division, U.S. Department of Energy; John Morris, Co-Director of Mining Association of Manitoba; Luz E. Betancur, Commercial Specialist U.S. Commercial Service U.S. Embassy Ottawa, Richard Trudeau, Director, External and Indigenous Affairs, Hudbay Minerals Inc.; and Philip Gross, CEO of Snow Lake Lithium Ltd.

In attendance were industry representatives from both sides of the border as well as key automakers and battery manufacturers.

The purpose of the conference was to promote Manitoba’s ability to play a pivotal role in the North American EV industry. Snow Lake’s CEO Philip Gross discussed the pressure that electrification puts on the industry supply chain, as well as the need for locally sourced, clean lithium. Snow Lake Lithium was the only lithium company in North America to present.

Mr. Gross stated, “Creating an OPEC style dependence with China on the commodity upon which our future hinges, would be detrimental to the longevity of the North American auto industry. Snow Lake Lithium offers a fully renewable source of battery raw materials which will become even more important as manufactures are increasingly judged by their carbon footprint. The industry cannot maintain Its growth trajectory in the electrification process without establishing self-sufficiency and control of its supply chain.”

Philip’s presentation can be viewed here; https://youtu.be/PW_R-6lP5CA

About Snow Lake Resources Ltd.

Snow Lake Lithium is committed to operating a fully renewable and sustainable lithium mine that can deliver a completely traceable, carbon neutral and zero harm product to the electric vehicle and battery markets. We aspire to not only set the standard for responsible lithium mining, but we intend to be the first lithium producer in the world to achieve Certified B Corporation status in the process.

Our wholly owned Thompson Brothers Lithium Project covers a 21,703-acre site that has only been 3% explored and contains an identified-to-date 11.1 million metric tonnes indicated and inferred resource at 1% Li2O.

Forward Looking Statements

This press release contains “forward-looking statements” that are subject to substantial risks and uncertainties. All statements, other than statements of historical fact, contained in this press release are forward-looking statements. Forward-looking statements contained in this press release may be identified by the use of words such as “anticipate,” “believe,” “contemplate,” “could,” “estimate,” “expect,” “intend,” “seek,” “may,” “might,” “plan,” “potential,” “predict,” “project,” “target,” “aim,” “should,” “will” “would,” or the negative of these words or other similar expressions, although not all forward-looking statements contain these words. Forward-looking statements are based on Snow Lake Resources Ltd.’s current expectations and are subject to inherent uncertainties, risks and assumptions that are difficult to predict and include statements regarding the expected use of proceeds and expected closing. Further, certain forward-looking statements are based on assumptions as to future events that may not prove to be accurate. These and other risks and uncertainties are described more fully in the section titled “Risk Factors” in the final prospectus related to our public offering filed with the Securities and Exchange Commission and other filings and reports that we file with the Securities and Exchange Commission. Forward-looking statements contained in this announcement are made as of this date, and Snow Lake Resources Ltd. undertakes no duty to update such information except as required under applicable law.

Contact:

[email protected]
www.SnowLakeLithium.com
twitter: @SnowLakeLithium

SOURCE: Snow Lake Resources Ltd.

View source version on accesswire.com:
https://www.accesswire.com/684837/Snow-Lake-Lithium-Presents-to-Members-of-Government-as-Well-as-Automakers-Such-as-Tesla-GM-and-Ford

tsx-hbm
hudbay-minerals-inc
hudbay minerals inc
press-release

Continue Reading

Today’s News

K2 Announces the Appointment of Anthony Margarit as President and Director

Vancouver, British Columbia–(Newsfile Corp. – January 20, 2022) – K2 Gold Corporation (TSXV: KTO) (OTCQB: KTGDF) (FSE: 23K) ("K2" or the "Company") is…

Vancouver, British Columbia–(Newsfile Corp. – January 20, 2022) – K2 Gold Corporation (TSXV: KTO) (OTCQB: KTGDF) (FSE: 23K) (“K2” or the “Company“) is pleased to announce that Anthony Margarit, has joined K2 as President and Director of the company. Steve Swatton will remain as CEO of K2.

Anthony holds a BSc. Geology from Lakehead University and has over twenty-five years of management and exploration experience working with both major mining, and junior exploration companies. Over the course of his career, he has explored for a variety of commodities, and deposit types, on projects ranging from greenfields prospecting and project generation to managing multi-drill programs, and advanced development projects. This experience has given him exposure to a variety of exploration methods, as well as business management styles and techniques.

Stated Steve Swatton., CEO of K2: “We are delighted that Anthony has agreed to join K2 as President. Anthony has a strong technical, logistical and operational background and has been evaluating exploration projects for over 25 years as order the course of his career. Anthony will be instrumental in advancing the Mojave project and recently announced Si2 project. 2022 is going to be a milestone year for K2 and Anthony will be integral in getting K2 to the next level.”

Stated John Robins of Discovery Group and the Chairman of K2: “I have known Anthony for more than 15 years, and I am extremely pleased that Anthony has joined the team. Strong management is a cornerstone of every company’s success and Anthony is a key addition to both K2 and the Discovery Group.”

About K2

K2 is a member of the Discovery Group of companies and have projects in SW USA and the Yukon. In the USA, the Company is represented by its 100% subsidiary, Mojave Precious Metals Inc. (“MPM”). The Company is focused on the Mojave property in California, and the Si2 project in Nevada, along with the Wells project in the Yukon.

Mojave is a 5,830-hectare oxide gold project with base metal targets. The location of Mojave enables the Company to have year-round news flow on multiple previously recognized surface gold targets that have been successfully drilled in the past by majors BHP and Newmont. Besides affording immediate drill targets based on the Company’s soil data integrated with LiDAR and Worldview-3 data, the property also has undrilled locations with gold enriched historical trench results including one at the Flores zone which recorded 8.4 g/t gold over 25.6m (see October 30, 2013 news release from Great Bear Resources Ltd.).

The Si2 Gold project is a potential analogue to AngloGold Ashanti’s Silicon project (one of Nevada’s significant new gold discoveries). Si2 Gold was initially identified, and staked by the same exploration team that identified AngloGold Ashanti’s Silicon project near Beatty, NV. The property was acquired based on its strong geological similarities to Silicon. Limited historic shallow drilling at Si2 Gold located anomalous gold, and suggests the potential for a buried low-sulphidation epithermal gold deposit planning is underway for K2’s first round of exploration activity on the Si2 project.

The Wels was initially identified by regional geochemical surveys in 2002 and initially staked in 2011 and optioned to Gorilla Minerals. This led to the discovery of mineralization within a granitic stock at the Saddle Zone and subsequent sampling and trenching included grabs up to 149 g/t Au and trench samples of 8.8 g/t Au over 45m. Subsequent drilling on the Saddle by Gorilla include results of 3.53 g/t Au over 19.5m. The project was acquired by K2 in 2017 and conducted additional drilling on Saddle returning highlights of 2.37 g/t Au over 28.5m and 10.38 g/t Au over 6m. To date, the Saddle has 1674m of drilling over 15 holes and has been defined over 135m along strike and to 150m depth; and is open in both directions along strike and at depth.

K2 and MPM are committed to transparency, accountability, environmental stewardship, safety, diversity and inclusion, and community engagement.

On behalf of the Board of Directors,

“Stephen Swatton”

President and CEO

K2 Gold Corporation.

For further information about K2 Gold Corporation or this news release, please visit our website at k2gold.com or contact Investor Relations Offices in Canada 604-653-9464, or in the USA at Lone Pine, California +1 (760) 614-5605 or by email at [email protected].

K2 Gold Corporation is a member of Discovery Group based in Vancouver, Canada. For more information please visit: discoverygroup.ca.

Cautionary Statement on Forward-Looking Statements

This news release contains forward-looking statements that are not historical facts. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements, including statements regarding the exploration program at Mojave, including results of drilling, and future exploration plans at Mojave. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, the Company’s inability to obtain any necessary permits, consents or authorizations required for its planned activities, and the Company’s inability to raise the necessary capital or to be fully able to implement its business strategies. The reader is referred to the Company’s public disclosure record which is available on SEDAR (www.sedar.com). Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply 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. Except as required by securities laws and the policies of the TSX Venture Exchange, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.

This news release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. No securities of the Company have been or will, in the foreseeable future, be registered under the United States Securities Act of 1933 (the “1933 Act”) or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/111044







k2 gold corporation

Author: Author

Continue Reading

Trending