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DNI will Cease to Trade as It Focuses on Completing the Audited Financials, since the Environmental Licences are Almost Complete
Read more at https://stockhouse.com/news/press-releases/2019/05/07/dni-will-cease-to-trade-as-it-focuses-on-completing-the-audited-financials#ZaoeiqkVfYIov1Tv.99
this thread is not really active , join stockhouse
for free, there is an group of investors following
there , much more detailed discussion and info available
LouisC
GWA.V Gowest Gold Signs Concentrate Sale Agreement
Receives US$3 Million Pre-Payment
2018-02-14 07:30 ET - News Release
TORONTO, Feb. 14, 2018 (GLOBE NEWSWIRE) -- Gowest Gold Ltd. ("Gowest" or the "Company") (TSX VENTURE:GWA) is pleased to announce that it has signed an agreement to sell gold concentrate produced from its wholly-owned Bradshaw Gold Deposit (“Bradshaw,”), which is part of the Timmins gold camp, to Shandong Humon Smelting (“Humon”) of China.
In connection with entering into this agreement, Humon has advanced US$3.0 million to Gowest as a pre-payment for the planned delivery and sale of gold concentrate to be produced as part of Gowest’s ongoing Advanced Exploration – Bulk Sample program. Humon will be paid an arrangement fee in respect of the pre-payment. The funds have been advanced in support of Gowest’s ongoing development of Bradshaw into the next new gold mine in the Timmins gold camp.
“We are extremely pleased to receive the support of such a significant and well-established Chinese company in what is the beginning of a long-term, working relationship,” said Greg Romain, Gowest’s President and CEO. “Also, as a second source of financial support, this agreement provides further validation of what we have achieved to date as well as the potential of Gowest’s assets.”
Gowest expects to send its first concentrate shipment to Humon’s smelter in the second quarter of this year. The terms of this concentrate agreement provide that Gowest has until June 30, 2019, to repay the funds in the form of gold concentrate, cash or, at Gowest’s option, shares in the Company (subject to TSX Venture Exchange approval.) The Company is confident that it is well positioned to meet this obligation through the delivery of gold concentrate from its bulk sample project at Bradshaw.
Humon is a publically-listed company on the Shenzen Stock Exchange with a market capitalization of US$1.6 billion (www.en.hbyl.cn). As one of the world’s largest smelting companies, Humon reports an annual production capacity of 40 tons of gold, 600 tons of silver, 150,000 tons of copper cathodes, 100,000 tons of refined lead, and 1,000,000 tons of sulfuric acid, as well as other metals and chemicals. Humon’s clients include many of the largest mining companies in the world.
Bradshaw Development Update
The Company is pleased to present its progress on Advanced Exploration – Bulk Sample program at Bradshaw.
Highlights:
Completed over 1,600 metres of underground development
• Development on the 30 and 45 metre levels near completion for stoping
• Currently extending the development on the 60 metre level
14,000 tonnes of development material stockpiled on surface for sorting, milling and sale as concentrate
First gold revenue expected by Q2 2018
Construction of ore sorter building underway, with commissioning of ore sorter anticipated for late Q1 2018
No lost time injuries since initiation of mine development
Water treatment plant fully operational and meets all environmental compliance
Identified two new gold zones in the hanging wall (See Gowest news release dated Feb. 12, 2018)
Please visit our website (www.gowestgold.com) for photographs of the ongoing development at Bradshaw and to review our latest corporate presentation.
DNI / DMNKF great news ...
DNI Metals - Signs Binding Agreement with Korea Graphite to Supply Flake Graphite for Korean End Users Subject to Korea Graphite Finalising Offtake Agreements with Korean End Users
C.DNI | 1 hour ago
Toronto, Ontario--(Newsfile Corp. - January 15, 2018) - DNI Metals Inc. (CSE: DNI) (OTC Pink: DMNK) (FSE: DG7N) ("DNI" or the "Company") has signed a binding supply letter agreement ("Binding Supply Agreement"), with Korea Graphite Co. Ltd ("Korea Graphite" or "KGL") a 100% owned subsidiary of Peninsula Mines Ltd ("Peninsula", ASX:PSM), that includes a commitment by DNI to supply up to 24,000 tonnes per year of flake graphite to Korea Graphite, subject to Korea Graphite finalising offtake agreements with Korean end users commencing Q4, 2018.
Read more at http://www.stockhouse.com/news/press-releases/2018/01/15/dni-metals-signs-binding-agreement-with-korea-graphite-to-supply-flake-graphite#wqOK9ZtE1ts5Qs84.99
re : DNI get both sides of a story, Cougar looks like the scam http://www.stockhouse.com/companies/bullboard?symbol=c.dni
GWA.V GWSAF Gowest Gold Intercepts First Ore Zone at Bradshaw
TORONTO, ONTARIO--(Marketwired - Sept. 27, 2017) - Gowest Gold Ltd. ("Gowest" or the "Company") (TSX VENTURE:GWA) is pleased to provide a further update on its progress on the Company's Advanced Exploration - Bulk Sample program at its wholly-owned Bradshaw Gold Deposit ("Bradshaw").
Highlights:
Development team has intercepted the first ore zone at the 45 metre level;
Total development reached 580 metres on September 15;
Water treatment plant is on site; being commissioned this week;
Ore sorter arrived on site on September 13; being assembled and prepared for operation;
Maintenance shop area is expected to be completed by mid-October; and,
On track to meet Company milestones, including planned first ore shipment to the mill in Q4 2017.
Greg Romain, Gowest's President, said, "Reaching the first ore zone at Bradshaw is another very exciting milestone, and is something that all of us have been looking forward to. We are pleased to report that much of the major infrastructure work on surface is also progressing well. Our team continues to make excellent progress as we drive to develop Bradshaw as the next new gold mine in the Timmins camp."
UPDATE:
First Ore Zone
Gowest's underground team intercepted the first ore zone in the northern halo of the deposit at the 45 metre level as expected. In reaching this zone - which is made up of a series of gold bearing structures - the technical team now has the invaluable benefit of actually seeing the deposit for the first time. We have now commenced chip sampling of the face to supplement our in-fill drilling.
Mine development
As of September 15, 2017, total development at the Bradshaw mine site had reached 580 metres. Ramp development continues to the 60 metre level as well as incline development to the 30 metre level. Development on the 45 metre level continues to cross cut the ore.
Ore sorter
The X-ray ore sorting unit supplied by Steinert US, which will be used to sharply reduce processing costs by increasing mill feed grade and reducing tons milled, arrived from Europe on September 13. It is currently being assembled and is expected to be ready in time to be used to sort the first crushed run of mine (ROM) ore. The Company expects to send the first ore shipment to the mill in Q4 2017. The gold concentrate produced there will then be shipped to a refinery for final processing and sale.
Water Treatment
The water treatment plant, a modular turnkey plant used to handle and treat all mine and surface water effluents, has been delivered to the Bradshaw site, and is being commissioned.
Maintenance Shop
Work on the site's maintenance shop is also advancing well, and the area is expected to be operational by mid-October.
New Mine Manager
The Company would also like to announce that Greg Hart as joined the team as Mine Manager effective September 11. Greg brings over 38 years of direct experience in leading mining and construction activities. Greg was most recently Underground Manager for Goldcorp's Porcupine Gold Mine in Timmins.
The Company will continue to update investors on its progress when information becomes available.
Please visit our website (www.gowestgold.com) for recent photographs of the ongoing development at Bradshaw and to review our latest corporate presentation.
RE: GWA CEO interview
Gowest CEO Greg Romain told mining investors in Timmins this week that the journey of finding an ore prospect and working to develop a new mine has been a long haul, but a worthwhile journey. Romain was speaking at the Big Event Canadian Mining Expo where he provided on update on the Bradshaw project which he said should become a commercial gold mine within two years.
TIMMINS - Just 24 hours after taking his first trip underground in his first ever gold mine, Gowest president and CEO Greg Romain had some encouraging words for junior mining executives and exploration workers this week.
“You’ve got to keep it up. Like, you can’t give up. It is a tough game, especially when you’re a junior.” Romain said Thursday at the big event Canadian Mining Expo.
Romain was one of several speakers invited to take part in the Investor’s Forum. He was there to tell the story of developing the Bradshaw Deposit, located just north of the built up area of Timmins on a parcel of land near Highway 655.
That’s where Romain was on Wednesday of this week, inspecting the latest work now that the company has completed its first blast and is ramping downwards with Cementation Canada as the contractor. The first blast to open the portal was on May 11.
“Gowest is a Canadian company. Everybody knows about us. We’re trying to develop the next new mine in Timmins,” he revealed.
Romain gave a brief history of the discovery of the property, which goes back to the 1960s when magnetic aerial surveys were carried out because of the huge Kidd mine discovery.
The search was on for base metals, and although gold was discovered, it wasn’t followed because of the overburden, he explained.
Eventually the discovery was made and was named in honour of Ron Bradshaw, a man who was instrumental in the discovery, said Romain.
“So I was underground yesterday. We’re about 60 metres into the face. We will hit the zone at about 300 metres, so we’re a couple of months out,” he said. Romain said Gowest is targeting commercial production for 2018.
The company was previously approved for advanced exploration to take a major bulk sample of the ore for further study. Romain said Thursday the company is confident enough to move ahead.
“Our objectives are very simple,” said Romain. “Bulk sample. From bulk sample we’re going to move into pre-production and then right into production.” He added that Gowest would be applying for mining permits very quickly and would not go to a full feasibility study, as originally planned. He said the pre-feasibility study was thorough.
“We’re pretty confident with what we have.”
Romain also revealed that Gowest would be acquiring 50% ownership in the Redstone mill, which is located south of Timmins, along the Langmuir Road. He said the use of a Steinert ore-sorter machine will set the operation apart.
“What that’s going to do is when we crush the ore, we will increase the grade from about five grams up to about 10 to 12 grams before it goes to the mill. It rejects about 60% of the waste rock,” he explained.
“It’s changing the ways things are being done in the mill and processing side, which is a game changer for us.”
Romain said the ore-sorter technology in proven and worthwhile.
“It’s not pie in the sky. This things works.”
Romain also told the investors and exploration people that the Gowest story didn’t happen overnight. He said his company has the right people doing the right things the dream of having a new gold mine is working out.
“We’re not a flash in the pan; here today gone tomorrow; we’re going to be around for awhile,” said Romain.
“It’s exciting times. And it’s been a long haul.”
RE: AUE.T took a hit today on this news ...
http://www.stockhouse.com/news/press-releases/2016/10/14/aureus-mining-inc-us-72-million-equity-fundraise-to-finance-the-transition-to
dr_airtime re: AUE.T halted friday in London, rumors of takeover
by MNG ,of course US closed monday so nothing to do but watch, hoping for some premium of .10 or more if it's true
RE: AUE.T 2016-06-23 07:55 ET - News Release
Mr. David Reading reports
NEW LIBERTY GOLD MINE: UPDATE ON THE RECOMMENCEMENT OF PROCESSING OPERATIONS
Aureus Mining Inc. has received approval from the Ministry of Lands, Mines and Energy (MLME) for the plant start-up process at the New Liberty gold mine in Liberia.
Highlights:
-Approval granted by the MLME for the commencement of the plant start up process; -A larger gravity screen has been installed with the aim of optimising performance and increasing gravity gold recovery; -The detoxification circuit has been upgraded and reagent dosing optimised; -Operational changes have been made to the tailings storage facility ("TSF") which aims to increase tailings water retention time; -A full ball mill reline and lifter upgrade has been undertaken prior to plant restart; -The plant restart procedure includes the gradual ramp up in operations from low grade (< 2 g/t Au) ore and a controlled increase towards run of mine ("ROM") grade ore; and -Mining operations continued throughout the plant stoppage with the current ROM ore stockpile balance of approximately 122,186 tonnes at a grade of 3.88 g/t Au;
During the suspension of processing operations, the Company undertook various modifications and optimisation activities within the process plant and detoxification circuit, with the assistance of technical specialists from Maelgwyn Mineral Services Africa ("MMSA") to ensure that the plant operates within its original design specifications. The Company also completed a full reline of the ball mill, fitting the mill with significantly heavier duty liners and also with improved lifters and grates. This reline was originally scheduled to be undertaken at the end of June 2016. Additionally the capacity of the oxygen plant has been increased to provide supplementary oxygen to both the carbon in leach ("CIL") and detoxification circuits.
Following the Company's announcement of 21 June, the Company now has adequate funding available to support working capital needs and preparations are underway for the commencement of the plant pre-start procedure, which will be initiated following the arrival of a consignment of additional reagents that the Company is working to expedite to site.
Mining operations continued throughout the plant suspension with the focus on catching up on waste stripping and exposing fresh ore for mining during the upcoming wet season. The current ROM ore stockpile is approximately 122,186 tonnes at a grade of 3.88 g/t Au.
The Company, in conjunction with its consultants, has undertaken a comprehensive review of its environmental and social action plans and environmental monitoring regimes to ensure full future compliance with the International Cyanide Management Code ("ICMC").
PRU.T still halted doubt it's good news, bid / ask .54
IIROC Trading Halt - PRU
Date : 06/20/2016 @ 7:19AM
Source : PR Newswire (Canada)
Stock : Perseus Mining Limited (PRU)
Quote : 0.57 0.0 (0.00%)
Dr. Airtime re: AUE.TO news on mill re-start today ...
http://www.proactiveinvestors.co.uk/companies/news/126239/aureus-mining-aims-for-new-liberty-re-start-within-fortnight-126239.html
Dr. Airtime, if you get a chance, take a look at AUE,
just began production in Liberia, and had a tailing pond
mishap which drove the price way down, decent grades, still
mining while the issue is being fixed, seems cheap if they
get the bugs out and can bring the AISC down to their target.
thanx daredguy
C.DNI 0.045 -0.005 -10.00% 0.040 0.045 0.045 0.050 0.035 126K
last change bid ask open high low vol
looks like someone wanted out, low volume sorry bout format
dr_airtime, RE: ASM has a PE of 240 ???? eom
RE: TGZ.T anyone still holding this ? been on a run, supposedly great 1st Q numbers coming, bought some @ .70C last week, thoughts ?
checkmate, is there a pinksheet symbol for EXN ? thanx ....
sorry you're dreaming, wake up and see reality ...
http://www.321gold.com/editorials/moriarty/moriarty022516.html
happy new year fellow bagholders, CMB just another venture screw job, promise everything, deliver nothing, just my .02 cents Canadian
sounds like he was forced out, this is off of SEDAR
Change in Board of Directors Vancouver, B.C.: CMC Metals Ltd. (the Company) is pleased to announce that David Nairne and Azim Virani have agreed to join its Board of Directors. Mark Gunderson has agreed to resign. Both Messrs. Nairne and Virani are experienced businessmen and bring to the Company years of experience in funding companies operating in the United States.
false alarm, a board director left and cashed out his shares.
interesting, 3.2 M volume so far today
still holding, this from the stockhouse board today,
email from Jack Bal .... "Email from JB We have filed our paperwork for the mill and have to just file the bond. We are also very close to completing a contract with a smelter to ship ore directly from the mine."
hopefully capitulation and end of selling in gold is near,
from Jack Bal via stockhouse
CMC METALS Ltd received closure permit!!!
We received the closure permit which is the toughest.
We are putting all our paper work in and should be done by
end of July.
Read more at http://www.stockhouse.com/companies/bullboard/cmcxf/cmc-metals-ltd#ctVOwaBliYkVIwqY.99
Jul 6/15 Jul 3/15 Scholz, Michael Curt Indirect Ownership Common Shares 16 - Acquisition under a prospectus exemption 250,000
Jul 6/15 Jul 3/15 Scholz, Michael Curt Indirect Ownership Warrants 54 - Exercise of warrants 250,000 $0.070
Jul 6/15 Jul 3/15 Scholz, Michael Curt Direct Ownership Warrants 53 - Grant of warrants 1,850,000 $0.070
Jul 6/15 Jul 3/15 Scholz, Michael Curt Direct Ownership Common Shares 16 - Acquisition under a prospectus exemption 1,850,000 $0.050
Jul 3/15 Jul 3/15 Bossio, John Direct Ownership Warrants 53 - Grant of warrants 250,000 $0.070
Jul 3/15 Jul 3/15 Bossio, John Direct Ownership Common Shares 16 - Acquisition under a prospectus exemption 250,000 $0.050
Jul 2/15 Jun 26/15 Bal, Jatinder Singh Direct Ownership Common Shares 10 - Acquisition in the public market 129,000 $0.050 - See
xrymd, I use TD Ameritrade. I also use the pink symbol,
but use the same bid / ask as on the Venture or TSX, after exchange rate adjustment, it's as liquid as the Canadian market
because I'm pretty sure TD routes the orders up north to fill.
well, can't say i'm surprised, par for the course with CMC eom
CMC Metals, Pruett in talks with smelter for Radcliff
2015-06-10 09:59 ET - News Release
Mr. Jack Bal reports
RADCLIFF MINE PROJECT UPDATE
CMC Metals Ltd. has received an update from Pruett Ballarat Inc. on the progress at the Radcliff project, and has been advised that PBI is in negotiations with a smelter located within trucking distance from the Radcliff project to direct ship mineralized material from the current underground workings. Bulk samples taken from the Radcliff project have been sent to the smelter for analysis and a site visit by smelter representatives to the mine is pending. Development work on the mineralized zone encountered in the 5510-level adit is continuing.
Jack just bought 1/2 a mill in open market, very good sign
Jun 5/15 Bal, Jatinder Singh Direct Ownership Common Shares 10 - Acquisition in the public market 500,000 $0.060
hmmmm, maybe pigs can fly BMGS,check that volume today, wassup with that ?
good question, and where are the assays ? eom
Vancouver, B.C. / TheNewswire / June 4, 2015 -- CMC Metals Ltd. (the "Company") wishes announce that on May 31, 2015 the Company submitted the final documentation required by the Lahontan Water Board in regards to the Company's Bishop Mill facility. The final document consists of a Preliminary Closure and Post-Closure Maintenance Plan (PCPMP) for the Bishop Mill (WDID No. 6B140505002). The PCPMP addresses the eventual closure of the waste management unit, site reclamation, and post-closure maintenance activities at the Bishop Mill in accordance with 27 CCR 22510 and Waste Discharge Requirements (Board Order No.R6V-2011-0048) issued by the Lahontan Water Board. The PCPMP is the last major hurdle to commissioning the Bishop Mill and the Company is working diligently with Lahontan in the approval process.
The Company further wishes to announce that it has increased its originally announced 10,000,000 Unit private placement as announced pursuant to its April 15, 2015 press release, to 10,160,000 Units on the same terms and conditions as set out in the referenced release and has closed the placement. The Units remain at $0.05 per Unit with each Unit consisting of one common share and one transferable share purchase warrant. Each one warrant will be exercisable for one additional common share at $0.06 per share for a two year period. The proceeds derived from the total 10,160,000 Unit private placement will be used to continue the Company's operations at the Bishop Mill and Radcliff projects held in the United States. A finder's fee is payable pursuant to this placement by way of cash and broker's warrants equal to 8.5% of the total raised by the finder, being a total of $13,175 in cash and 263,500 in broker's warrants issued on the same terms and conditions as the Units.
On behalf of the Board:
"Jack Bal" __
Jack Bal, President & CEO
CMC METALS LTD.
word on the street aka 'Jack' , is good news coming next week ...
Apr 13/15 Scholz, Michael Curt Indirect Ownership Common Shares 54 - Exercise of warrants 370,000 $0.060
check the bids building @.05 this afternoon, next week gonna be interesting
Apr 9/15 Bal, Jatinder Singh Direct Ownership Common Shares 10 - Acquisition in the public market 101,000 $0.040
Apr 8/15 Bal, Jatinder Singh Direct Ownership Common Shares 10 - Acquisition in the public market 32,000 $0.040
Mar 16/15 Bal, Jatinder Singh Direct Ownership Common Shares 10 - Acquisition in the public market 25,000 $0.050
Mar 11/15 Bal, Jatinder Singh Direct Ownership Common Shares 10 - Acquisition in the public market 50,000 $0.050
jack's been buying, expect news of good assays and production commencing very soon