Tag: Copper

Rockridge Commences Winter Exploration and Geophysical Program at its Knife Lake Copper Project …

VANCOUVER, British Columbia, Feb. 04, 2021 (GLOBE NEWSWIRE) — Rockridge Resources Ltd. (TSX-V: ROCK ) (OTCQB: RRRLF ) (Frankfurt: RR0 ) (“Rockridge” or the “Company”) is pleased to announce it has commenced a winter exploration program at its flagship Knife Lake Project located in Saskatchewan, Canada (the “Knife Lake Project” or “Property”). Rockridge has an Option Agreement with Eagle Plains Resources Ltd. to acquire a 100% interest in the Property that covers the Knife Lake Cu-Zn-Ag-Co VMS deposit. The contiguous claims total 32,663 hectares and are located approximately 50 km northwest of Sandy Bay, Saskatchewan. A 357kV powerline runs within 16 km of the Knife Lake Deposit area, greatly enhancing the project’s infrastructure. 

Knife Lake VMS Project Map:
http://www.rockridgeresourcesltd.com/_resources/projects/Knife_Lake_Region_20190730.pdf

Rockridge’s CEO, Grant Ewing, commented: “We are excited to commence the first modern day geophysical program at our Knife Lake Project. The VTEM survey we are conducting will allow for examination

Rockridge Resources Commences Winter Exploration and Geophysical Program at its Knife Lake Copper Project and Plans Upcoming Drill Program

VANCOUVER, British Columbia, Feb. 04, 2021 (GLOBE NEWSWIRE) — Rockridge Resources Ltd. (TSX-V: ROCK) (OTCQB: RRRLF) (Frankfurt: RR0) (“Rockridge” or the “Company”) is pleased to announce it has commenced a winter exploration program at its flagship Knife Lake Project located in Saskatchewan, Canada (the “Knife Lake Project” or “Property”). Rockridge has an Option Agreement with Eagle Plains Resources Ltd. to acquire a 100% interest in the Property that covers the Knife Lake Cu-Zn-Ag-Co VMS deposit. The contiguous claims total 32,663 hectares and are located approximately 50 km northwest of Sandy Bay, Saskatchewan. A 357kV powerline runs within 16 km of the Knife Lake Deposit area, greatly enhancing the project’s infrastructure. 

Knife Lake VMS Project Map: http://www.rockridgeresourcesltd.com/_resources/projects/Knife_Lake_Region_20190730.pdf

Rockridge’s CEO, Grant Ewing, commented: “We are excited to commence the first modern day geophysical program at our Knife Lake Project. The VTEM survey we are conducting will allow for examination

Rockridge Commences Winter Exploration and Geophysical Program at its Knife Lake Copper Project and Plans Upcoming Drill Program

VANCOUVER, British Columbia, Feb. 04, 2021 (GLOBE NEWSWIRE) — Rockridge Resources Ltd. (TSX-V: ROCK) (OTCQB: RRRLF) (Frankfurt: RR0) (“Rockridge” or the “Company”) is pleased to announce it has commenced a winter exploration program at its flagship Knife Lake Project located in Saskatchewan, Canada (the “Knife Lake Project” or “Property”). Rockridge has an Option Agreement with Eagle Plains Resources Ltd. to acquire a 100% interest in the Property that covers the Knife Lake Cu-Zn-Ag-Co VMS deposit. The contiguous claims total 32,663 hectares and are located approximately 50 km northwest of Sandy Bay, Saskatchewan. A 357kV powerline runs within 16 km of the Knife Lake Deposit area, greatly enhancing the project’s infrastructure. 

Knife Lake VMS Project Map:
https://www.rockridgeresourcesltd.com/_resources/projects/Knife_Lake_Region_20190730.pdf

Rockridge’s CEO, Grant Ewing, commented: “We are excited to commence the first modern day geophysical program at our Knife Lake Project. The VTEM survey we are conducting will allow for examination

Latin Metals Receives Positive Results from Mapping and Sampling at the Lacsha Copper Project, Peru

VANCOUVER, British Columbia, Jan. 13, 2021 — Latin Metals Inc. (“Latin Metals” or the “Company”) – (TSXV: LMS) (OTCQB: LMSQF) announces receipt of positive exploration results from its 100% owned Lacsha copper property (“Lacsha” or the “Project”) located in the Peruvian Coastal Copper Belt. Rock sampling results confirm the existence of copper mineralization at Lacsha, related to the Coastal Batholith.

Lacsha Sampling Details

A total of seventeen rock samples were collected with copper values ranging from 110 ppm to 6,410 ppm and molybdenum values ranging between 1.5 ppm and 86.8 ppm (Figure 1, Plate 1).

The 4,000-hectare property was acquired based on historical stream sediment, soil and rock sampling results, defining an area of anomalous copper over approximately 5.0 km by 2.5km (news release August 4, 2020). Verification of altered and mineralized outcrop at surface confirms the Company’s exploration model.

Property

Mongolia threatens to halt Rio Tinto copper challenge

Rio Tinto is dealing with an escalation of its problems in Mongolia, the place the federal government has threatened to halt enhancement of its massive underground copper deposit.

The $6.75bn underground growth of the Oyu Tolgoi mine in the Gobi Desert is the company’s most crucial job. Having said that, it has been dogged by troubles and is now operating late and more than finances.

The value overruns have alarmed Ulaanbaatar, which has reported it will have no alternative but to terminate the investment decision agreements that underpin the task unless of course they are improved. When complete, it will be the world’s fourth-biggest copper mine.

The authorities laid out its considerations in a letter right after a digital meeting very last month with Rio’s new main government Jakob Stausholm and the head of its copper and diamonds company Arnaud Soirat.

Main between them is Mongolia’s perception it will under

Challenge Generator Transition Metals Grants an Possibility on Its Island Copper Task

Sudbury, Canada–(Newsfile Corp. – January 5, 2021) – Changeover Metals Corp (TSXV: XTM) (“Transition”, the “Business”) is pleased to announce that the Business has granted an choice on its Island Copper task to Prosperous Copper Exploration Corp (“Rich Cu”), a personal corporation. The house is composed of 5 mining promises masking 62 hectares in Awares Township located close to 20 kilometres northeast of Sault Ste. Marie, Ontario. (the “Residence”).

Below the phrases of the Agreement, Rich Cu can vest a 100% curiosity in the Property by giving Changeover with $150,000 hard cash over 3 several years ($25,000 on signing), 500,000 shares on signing and an extra $475,000 value of shares over the subsequent 3 yrs as well as completion of $750,000 in exploration expenses. Transition will acquire a 2.5% Internet Smelter Return royalty on any long term production from the Home and in a 5 kilometre region of curiosity. In