Friday, April 29, 2016

Barsele Minerals Corp. - BME.v

Barsele Minerals Corp. - BME.v is advancing the flagship Barsele Gold Project in Sweden.

A NI 43-101 estimates an indicated resource of 14.1 million tonnes grading 1.21 gold grams per tonne (g/t) or 547,000 contained ounces of gold.

On April 13, 2016 the company released News

" Barsele Minerals Corp. -- (TSX-V: BME) ("Barsele") is pleased to report a second operational progress update for the current exploration program within the Barsele Au-VMS Project area in Västerbottens Län, northern Sweden. The exploration program is being operated by joint venture partner Agnico Eagle Mines Limited. -- (TSX, NYSE: AEM) ("Agnico Eagle"). Ownership in the project is 55% Agnico Eagle and 45% Barsele.

During February 2016, diamond drilling totalling 1,861.7 m was completed in the mid to eastern Central Zone around the existing gold resource area and to the east-southeast along the trend of the Skiråsen Zone to the boundary of the exploitation concession. Since early October 2015, 12,848 metres have been drilled. A total of 1,631 samples were sent to the laboratory during February and 3,998 assay results were received. Gold assay values exceeding 20 g/t have been top-capped at 20 g/t.

Highlights of the latest exploration drill results include 3 intercepts in the Skiråsen Zone, with hole SKI 15001 of 61 metres core length (estimated 45.75 metres true thickness) grading 1.61 g/t gold, plus hole SKI 16001 of 20 metres core length (estimated 15 metres true thickness) grading 3.23 g/t gold and further down hole, 36.1 metres core length (estimated 27.1 metres true thickness) grading 2.40 g/t gold. These drill intercepts are located between 650 and 750 metres southeast of the core of the Central Zone deposit.

Highlights of the Barsele 2015-2016 Drilling Program to Date

Barsele 2015-2016 Drilling Program (to February 29, 2016)
Core Length
True Thickness
at 20 g/t
Au (g/t)
CNT 15001209.40214.004.603.4514.655.47
CNT 15005291.00310.0019.0014.251.041.04
CNT 15010494.00589.0095.0071.250.880.88
CNT 15011364.00387.0023.0017.251.141.14
CNT 15015231.00261.0030.0022.501.001.00
CNT 15017211.00219.
  Assays pending forCNT 15017  
SKI 1500179.0084.005.003.751.791.79
SKI 16001101.00108.

Tuesday, April 26, 2016

Dalradian Resources Inc. - DNA.t

Dalradian Resources Inc. - DNA.t is focused on advancing the flagship Curraghinalt gold deposit in Northern Ireland.

Curraghinalt is a high-grade, low capex lode gold deposit with mineralization open along strike, across strike and down dip.

On April 12, 2016 the company released News

Dalradian Resources Inc. (TSX:DNA) (AIM:DALR) ("Dalradian" or the "Company") announces results from 39 drill holes from the infill drill program at the Curraghinalt gold deposit in Northern Ireland. Infill drilling was completed in February and this is the final release of results from the 51,479-metre program.
--  1.44 m of 100.66 g/t gold from the Sheep Dip vein in hole 16-CT-355
--  1.02 m of 73.61 g/t gold from the No. 1 vein in hole 16-CT-341
--  1.06 m of 66.43  g/t gold from the Grizzly vein in hole 16-CT-343
--  0.67 m of 112.45 g/t gold from the T17 vein in hole 16-CT-366
--  0.65 m of 80.58 g/t gold from the Sperrin vein in hole 16-CT-342
--  1.20 m of 39.08 g/t from the V55 vein in hole 16-CT-361
--  0.80 m of 44.75 g/t from the Road vein in hole 16-CT-365

Patrick F.N. Anderson, Dalradian's Chairman and CEO, commented:
"We are ending our infill drill program at Curraghinalt with a final batch of high grade results. Work has been ongoing and is nearing completion on a resource update to reflect the 50,000 additional metres we have drilled since our last resource, which was based on 80,000 metres of drilling. The resource update is just one of many inputs into our feasibility study, which will outline the economics of an underground mine at Curraghinalt. Other work that is ongoing and will feed into the feasibility study includes vein sampling, test stoping, mine planning and some additional metallurgical testing. These other inputs will help to determine both the anticipated diluted grade of ore that will enter the mill and the expected gold recovery of that material."

Friday, April 22, 2016

Electrovaya Inc. - EFL.t

Electrovaya Inc. - EFL.t designs, develops and manufactures proprietary Lithium Ion SuperPolymer® 2.0 batteries, battery systems, and battery-related products for the clean electric transportation, Utility Scale Energy Storage and smart grid power, consumer and healthcare markets.

On April 13, 2016 the company released NEWS

Electrovaya Inc. (TSX: EFL) today announced that its wholly owned subsidiary, Litarion GmbH, has received purchase orders for about US$4.2 million (Cdn $5.4 million) to supply Lithium Ion cells for an energy storage application. The purchase order is for delivery during Q3 CY2016.