https://www.barchart.com/stocks/quotes/PGOL/opinion

Patriot Gold Corp (PGOL)
0.1605 +0.0001 (+0.06%) 01/15/21 [OTC US]
BARCHART OPINION for Fri, Jan 15th, 2021Tutorial Alerts Watch Help
Overall Average:
100% BUY
Overall Average Signal calculated from all 13 indicators. Signal Strength is a long-term measurement of the historical strength of the Signal, while Signal Direction is a short-term (3-Day) measurement of the movement of the Signal.

Composite Indicator
TrendSpotter
BUY
Short Term Indicators
20 Day Moving Average
BUY
20 - 50 Day MACD Oscillator
BUY
20 - 100 Day MACD Oscillator
BUY
20 - 200 Day MACD Oscillator
BUY
20 - Day Average Volume: 141,730 Average: 100% BUY
Medium Term Indicators
50 Day Moving Average
BUY
50 - 100 Day MACD Oscillator
BUY
50 - 150 Day MACD Oscillator
BUY
50 - 200 Day MACD Oscillator
BUY
50 - Day Average Volume: 115,360 Average: 100% BUY
Long Term Indicators
100 Day Moving Average
BUY
150 Day Moving Average
BUY
200 Day Moving Average
BUY
100 - 200 Day MACD Oscillator
BUY
100 - Day Average Volume: 122,912

PGOL Insider/Institutional Holdings at 50%. Information can be found on Patriot Gold Corp’s most recent annual information sheet on Sedar and Royalty Streams most recent financials. See links below. Royalty Stream also verifies in their presentation that the Moss mine has a very long production life, with upside.

Robert D. Coale Common Stock 731,250 (1) 1%
Trevor Newton Common 19,921,500 (2) 26.8%
Series A Preferred Stock 290,000 100%
Zachary Black Common Stock 500,000 (3) 0.7%
Directors and Officers as a Group Common Stock (3 individuals) Common Stock 21,152,750 28.5%
Directors and Officers as a Group Series A Preferred Stock (3 individuals)
Series A Preferred Stock 290,000 100%
KF Business Ventures, LP Common Stock 6,000,000 8.1%
Ron Daems Common Stock 9,600,000 12.9%
Royalty Stream Corp. 3,000,000 0.4%

https://www.sedar.com/DisplayCompanyDocuments.do?lang=EN&issuerNo=00036491

https://www.royaltystreams.com/investors/

Drilling Commencing at Patriot Gold's Windy Peak Gold Project in Nevada

2021-01-06 07:04 MT - News Release

LAS VEGAS, NV / ACCESSWIRE / January 6, 2021 / Patriot Gold Corp. (CSE:PGOL)(OTCQB:PGOL) - Patriot Gold Corp. ("Patriot") today announced that a drill rig and crew are on-site at Patriot's Windy Peak gold project near Fallon, Nevada. A drilling program is planned to test several gold targets. This reverse-circulation drilling program follows a core drilling program executed by Patriot at Windy Peak in the autumn of 2018, and a reverse circulation drilling program executed by Patriot in the winter of 2019. Patriot's 100%-owned Windy Peak gold project is situated in a gold-producing region which hosts such deposits as the Paradise Peak and Rawhide.

About Patriot Gold Corp

Patriot is exploring its 100%-owned gold projects in Nevada, which include the Windy Peak gold project, Rainbow Mountain gold project, and Vernal gold project. Patriot owns a 3% royalty in the Moss Mine in Arizona, now in commercial production. Patriot also owns a 2% royalty in the Bruner gold project in Nevada.

On Behalf of the Board of Patriot

Trevor Newton
President, Director

www.PatriotGoldCorp.com

December 21, 2020 Kitco Interview With Northern Vertex CEO (Company That Pays PGOL's 3% Royalty At The Moss Mine)

Key Parts: 3:30 - Drilling 32,000m, going to see a significant increase in the total resource

10:25 - New 43-101 resource to come out anytime between January to June

12:50 - CEO believes that this will be a multi million ounce deposit Note:

Keep in mind that every 500,000 ounces mined, at an average price of $1,900, is $28.5 Million USD in royalty payments to PGOL.

Some extra information here. PGOL is required to update shareholders via TheCSE website on a monthly basis. Link below, along with a couple updates for January (See Form 7)

https://www.thecse.com/en/listings/mining/patriot-gold-corp

Report on Business

1. Provide a general overview and discussion of the development of the Issuer’s business and operations over the previous month. Where the Issuer was inactive disclose this fact.

Patriot has completed a drilling program on its Rainbow Mountain project and is awaiting assay results.

2. Provide a general overview and discussion of the activities of management.

We are moving forward on certain field operations on the Rainbow Mountain and Windy Peak projects. We are also vetting potential projects.

Moderator needs to change which section we are in. Shows PGOL under oil and gas and we are clearly a gold royalty/exploration company.

News: Drilling to Commence at Patriot Gold's Rainbow Mountain Gold Project in Nevada

http://www.patriotgoldcorp.com/news/?id=118&title=Drilling-to-Commence-at-Patriot-Golds-Rainbow-Mountain-Gold-Project-in-Nevada

Drilling to Commence at Patriot Gold's Rainbow Mountain Gold Project in Nevada
December 10, 2020

Patriot Gold Corp ("Patriot") provided the following update today to shareholders.

Patriot Gold today announced that a drill rig and crew are on-site at Patriot's Rainbow Mountain gold project near Fallon, Nevada. A drilling program is planned to test several gold targets. This reverse-circulation drilling program follows sampling and other field work conducted by Patriot. Patriot's 100%-owned Rainbow Mountain gold project is situated on the margins of the Walker Lane belt and the Basin and Range province.

The CSE has neither approved nor disapproved the information contained herein.

Patriot Gold Corp Due Diligence Report (Gold Royalty & Exploration Company)

All information below can be found at www.Sedar.com

Stock Ticker: PGOL - Same ticker for Canadian & US Exchanges
Price: $0.20 CDN & $0.14 USD
Common Shares: 74,319,957
Insider Holdings: 36,752,750 or 49.5% - See Annual Information
Company Website: www.patriotgoldcorp.com

Basic description: PGOL owns 3 royalties (1 producing) and 3 exploration properties. The producing Moss Mine has a 10 year life (started in 2018), which is currently being increased by Northern Vortex(NEE.V). The company clearly states in their most recent presentation that they want to ramp up production by 10 fold, which would mean multi million dollar royalties for Patriot Gold every quarter. NEE.V is also increasing it’s resource as we speak, so royalty payments will for sure exceed the 10 years - https://www.northernvertex.com/investors/presentations/

PGOL only started trading on the CSE at the end of summer 2020, so volume has been low, compared to the US side which trades daily and in large volume. But the Canadian side will catch up as time goes on and more profitable quarters are announced. To get an accurate market depth, you want to compare what’s shown on the US side and it translates to the Canadian side at roughly 1.30 exchange rate. The CSE might not show all those bids/asks because of the alternate trading systems.

Financials (Ending September 30th 2020) - All numbers are in US Dollars

ASSETS
Cash: $583,866
Marketable Securities: $224,554
Royalty Receivables: $1,159,856
Prepaid Expenses: $109,339
Long Term Assets: $300,000
Total Assets: $2,377,615

LIABILITIES
Accounts Payable: $171,852
Total Liabilities: $171,852

9 Month Revenue Performance
Royalty payments: $1,734,325
Net Income: $1,107,495
Earnings Per Share: $0.015 USD or $0.0193 CAD

Note: Patriot Gold has set a budget of $1,000,000 for it's G&A + exploration expenses in 2020. This will continue on a yearly basis, so investors know what the company intends to spend in the fiscal year.

Royalty Interests

Pursuant to the Purchase and Sale Agreement with Golden Vertex, the Company has a 3% net smelter return royalty on the Moss Mine in Arizona. For the nine months ended September 30, 2020 and 2019, the Company earned royalties of $1,734,325 and $973,271, respectively. As of September 30, 2020 and December 31, 2019, the Company had Royalties Receivables of $1,159,856 and $487,060, respectively.

Pursuant to the Bruner Purchase and Sale Agreement with Canamex Resources, the Company has a 2% net smelter return royalty on the Bruner Gold/Silver mine in Nevada. As of September 30, 2020, no royalties have yet been earned. (This asset has a high grade proven gold/silver resource)

In March 2019, the Company purchased a Vanadium Oxide royalty interest from a related party. In exchange for a non-refundable payment of $300,000, the Company will receive royalties based on the gross production of Vanadium Oxide (“Vanadium”) from a bitumen deposit covering several oil sands leases in Alberta. For each barrel of bitumen produced from the specified oil sands until March 21, 2039, or upon termination of mining, whichever is earlier, the Company will be paid a royalty equal to 25 grams of Vanadium per barrel of bitumen produced, multiplied by the price of Vanadium Pentoxide 98% min in-warehouse Rotterdam published on the last business day of the month in which the gross production of bitumen occurred. As of September 30, 2019, $240,000 has been paid, and the remaining $60,000 was paid in installments through December 31, 2019. As of September 30, 2020, no royalties have yet been earned.

Mineral Properties

Windy Peak Property

The Windy Peak Property, (“Windy Peak”) consists of 114 unpatented mineral claims covering approximately 2,337 acres, 3 miles NNE of the Bell Mountain and 7 miles east of the Fairview mining district in southwest Nevada. As of September 30, 2020, the company has incurred approximately $801,025 of exploration expenses on the Windy Peak Property, and$113,816 and $124,056 were spent for the nine months ended September 30, 2020 and 2019, respectively.

Rainbow Mountain Property

In the fall of 2018, after conducting initial reconnaissance of the Rainbow Mountain, the Company acquired the Rainbow Mountain Property (“Rainbow Mountain”). This early-stage exploration project was secured through staking and filing the associated paperwork and fees with the BLM and County.

The Rainbow Mountain gold project consists of 81 unpatented lode claims totaling approximately 1,620 contiguous acres, located approximately 23 km southeast of Fallon, in the state of Nevada. Access to the project area is by paved highway, followed by a short stretch of gravel road.

Annual maintenance fees paid to the BLM and recording fees must be paid to the respective county on or before September 1 of each year to keep the claims in good standing, provided the filings are kept current these claims can be kept in perpetuity. As of September 30, 2020, the company has incurred approximately $101,208 of fees and exploration expenses on the Rainbow Mountain Property, and $13,194 and $2,160 were spent for the nine months ended September 30, 2020 and 2019, respectively.

Bruner and Vernal Properties

On May 28, 2010 the Company entered into an exclusive right and option agreement with Canamex Resources Corp. (“Canamex”) whereby Canamex could earn a 70% (or up to 75% if a bankable feasibility study is performed) undivided interest in the Bruner, and Bruner Expansion properties, herein after collectively referred to as the “Bruner Properties”. Upon the completion of the terms of the Agreement by Canamex, and upon earning its initial interest, the parties agreed to negotiate a definitive joint venture agreement in good faith to supersede the agreement. During the first half of 2016, it was determined by the Company that Canamex had successfully earned a 70% interest in the Bruner Property according to the terms of the Bruner Option Agreement.

On April 25, 2017, the Company and Canamex Resources Corp. entered into a purchase and sale agreement (“Bruner Purchase and Sale Agreement”) whereby Canamex Resources purchased Patriot Gold's 30% working interest in the Bruner gold/silver mine for US$1,000,000 cash. The Company retains a two percent net smelter return (“NSR”) royalty on the Bruner properties including any claims acquired within a two-mile area of interest around the existing claims. Additionally, Canamex has the option to buy-down half of the NSR royalty retained by Patriot for US$5 million any time during a five-year period following closing of the purchase and sale agreement.

As of September 30, 2020, the Company has incurred approximately $89,616 of accumulated option and exploration expenses on the Vernal property. During the nine months ended September 30, 2020 and 2019, the Company incurred no exploration expenses on the Vernal property, respectively.



You can get free Level 2(Market Depth) for each exchange at the following websites:

Canada: https://www.thecse.com/en/listings/mining/patriot-gold-corp

USA: https://www.otcmarkets.com/stock/PGOL/quote#level-2

No cheap gas in 2021: Why Ukraine cannot increase blue fuel production?

https://112.international/finance/no-cheap-gas-in-2021-why-ukraine-cannot-increase-blue-fuel-production-57745.html

Ukraine natural gas prices are back to $7.50 an MCF as per the link below.

https://www.ueex.com.ua/eng/exchange-quotations/natural-gas/medium-and-long-term-market/


If you look at past prices and profitability, Cub Energy was making good money when pricing was over $7 an MCF. Add in the cost cut measures put in place this year and the RK field about to go into production, there is some good upside coming.


January 2021 7 540,06 7 443,85 7 573,23
December 2020 6 329,75 5 943,76 6 344,48
November 2020 6 101,31 6 186,71 6 039,92
October 2020 5 983,81 6 051,61 5 555,96
September 2020 4 702,90 4 521,84 4 853,50

CMIL hit a 52 week high this week and insiders/institutions are continuing to add. RBC has purchased over 15 million shares from one group over the last few months and there's only 47 million retail available right now. On top of that, the CEO Eric Roth has also been adding to his position. See below:

https://ceo.ca/api/sedi?insider=&symbol=CMIL&date=&transaction=&amount=&undefined[company_symbol]=CMIL

Filed 2020-12-22 14:34
Tx date 2020-12-22 $CMIL
Capella Minerals Limited Roth, Eric
4 - Director of Issuer, 5 - Senior Officer of Issuer
Direct Ownership
Common Shares
10 - Acquisition or disposition in the public market $3,905
+35,500 vol
$0.11 each 6,899,702
Older filings
Filed 2020-12-09 04:32
Tx date 2020-12-08 $CMIL
Capella Minerals Limited Roth, Eric
4 - Director of Issuer, 5 - Senior Officer of Issuer
Holder: RL360 (Indirect Ownership)
Common Shares
10 - Acquisition or disposition in the public market $4,500
+50,000 vol
$0.09 each 294,813
Filed 2020-12-09 04:28
Tx date 2020-12-04 $CMIL
Capella Minerals Limited Roth, Eric
4 - Director of Issuer, 5 - Senior Officer of Issuer
Holder: RL360 (Indirect Ownership)
Common Shares
10 - Acquisition or disposition in the public market $5,011
+62,647 vol
$0.08 each 244,813
Filed 2020-12-04 06:35
Tx date 2020-12-03 $CMIL
Capella Minerals Limited Roth, Eric
4 - Director of Issuer, 5 - Senior Officer of Issuer
Holder: RL360 (Indirect Ownership)
Common Shares
10 - Acquisition or disposition in the public market $1,799
+22,210 vol
$0.081 each 182,166
Filed 2020-12-03 06:38
Tx date 2020-12-02 $CMIL
Capella Minerals Limited Roth, Eric
4 - Director of Issuer, 5 - Senior Officer of Issuer
Holder: RL360 (Indirect Ownership)
Common Shares
10 - Acquisition or disposition in the public market $2,535
+31,300 vol
$0.081 each 159,956
Filed 2020-12-03 05:35
Tx date 2020-12-01 $CMIL
Capella Minerals Limited Roth, Eric
4 - Director of Issuer, 5 - Senior Officer of Issuer
Holder: RL360 (Indirect Ownership)
Common Shares
10 - Acquisition or disposition in the public market $7,299
+100,000 vol
$0.073 each 128,656
Filed 2020-11-26 06:00
Tx date 2020-11-23 $CMIL
Capella Minerals Limited Roth, Eric
4 - Director of Issuer, 5 - Senior Officer of Issuer
Holder: RL360 (Indirect Ownership)
Common Shares
10 - Acquisition or disposition in the public market $1,228
+14,287 vol
$0.086 each 28,656
Filed 2020-11-26 05:59
Tx date 2020-11-18 $CMIL
Capella Minerals Limited Roth, Eric
4 - Director of Issuer, 5 - Senior Officer of Issuer
Holder: RL360 (Indirect Ownership)
Common Shares
10 - Acquisition or disposition in the public market $1,293
+14,369 vol
$0.09 each 14,369

Capella Minerals December 2020 Company Presentation: https://capellaminerals.com/site/assets/files/5553/2020-12-capella-cp.pdf

Lots of new information including timelines, pictures, data on each property, and also mentions that EMX will own 10% of cmil, so institutional/insider ownership is increasing. The only thing it does not talk about yet is Cerrado Gold stock and more information on our 20% Sierra Blanca property where AGLD.C has to spend $800,000 to earn 80%.

Yamana news out and it mentions Capella Minerals. Drilling will start early 2021. See below:

https://www.globenewswire.com/news-release/2020/12/03/2138783/0/en/Yamana-Gold-Advances-Projects-in-Its-Generative-Exploration-Program-Outlines-2021-Plans-for-Advancing-Projects-Reports-Positive-Advances-at-Lavra-Velha-Monument-Bay-Borborema-and-A.html

The Domain project, located near Oxford Lake in northeastern Manitoba, is a large 20,000-hectare property package consisting of two unexplored mineral exploration licences 100%-controlled by Yamana, and three smaller claims held under a joint venture agreement with Capella Minerals Ltd. The property is considered to be highly prospective for iron formation-hosted gold deposits and has returned a number of drill intercepts with significant gold grades from a limited area of drilling within the joint venture claims. The larger land package has magnetic anomalies and limited arsenic-in-till anomalies that indicate potential targets for further iron formation-hosted gold as well as shear zone type gold targets.

In July 2020, Yamana entered into an Exploration Agreement with Bunibonibee Cree Nation to develop a cooperative and mutually beneficial relationship relating to mineral exploration within the Traditional Territory of Bunibonibee Cree Nation. Yamana is in the planning stages of a work program for the property, and pending conclusion of community consultation and permitting, exploration work is anticipated to begin in early 2021.

Eric Roth picked up another 130,000 shares yesterday. He already owns over 7% of the float, so it's encouraging to see him adding shares. Once we get rid of this old pp seller, it will move up fast. Also, BBA approved the Cerrado Gold transaction late yesterday:
BB1 Acquisition receives conditional OK for Cerrado QT

2020-12-02 20:34 MT - News Release

Mr. Stephen Shefsky reports

BB1 ACQUISITION CORP. ANNOUNCES UPDATE TO QUALIFYING TRANSACTION WITH CERRADO GOLD INC.

The TSX Venture Exchange has conditionally approved its proposed business combination with Cerrado Gold Inc., which will constitute the corporation's qualifying transaction pursuant to the policies of the TSX Venture Exchange, as such term is defined in TSX-V Policy 2.4 (Capital Pool Companies). BB1 is also pleased to announce that the Toronto Stock Exchange has conditionally approved the listing of the shares of the resulting issuer (as defined below) on the TSX, subject to the completion of the transaction and the resulting issuer meeting certain TSX listing requirements. Upon completion of the transaction, the resulting issuer's shares will be listed on either the TSX-V or the TSX.

BB1 and Cerrado have entered into a business combination agreement, effective Nov. 29, 2020, to complete the transaction pursuant to which the corporation intends to complete a three-cornered amalgamation with Cerrado, and upon completion of the transaction, the combined entity will continue to carry on the business of Cerrado.

Assuming all conditions to the closing of the transaction are satisfied, the company and Cerrado anticipate closing the offering (as defined below) and the transaction on or before Feb. 23, 2021. In due course, the parties will issue a further press release announcing the date on which the transaction is expected to close and the common shares of the company will resume trading.

Results of annual and special shareholder meeting

BB1 is pleased to announce that its shareholders approved all resolutions brought before them at the corporation's annual and special meeting of shareholders held virtually on Nov. 23, 2020, including the approval of all matters relating to the proposed transaction.

Filing statement

In connection with the transaction, the corporation has filed a filing statement dated Nov. 29, 2020, with the TSX-V and on SEDAR. Additional information in respect of the transaction and Cerrado is available in the filing statement.

Concurrent financing

Further to BB1's press release dated Nov. 3, 2020, Cerrado intends to complete a brokered private placement of subscription receipts. Under the terms of the TSX-V conditional approval for the transaction, the offering is subject to Cerrado raising minimum gross proceeds of $10-million, up to a maximum of $25-million. Each subscription receipt shall be issued at a price of $2 per subscription receipt. Additional details with respect to the offering are available in the filing statement.

About BB1 Acquisition Corp.

The corporation is incorporated under the Business Corporations Act (Ontario) and is a capital pool company listed on the TSX-V. The corporation has no commercial operations and has no assets other than cash. For further information, please see the final prospectus of the corporation dated Oct. 5, 2018, filed on SEDAR.


Filed 2020-12-03 04:38

Tx date 2020-12-02 $CMIL
Capella Minerals Limited Roth, Eric
4 - Director of Issuer, 5 - Senior Officer of Issuer
Holder: RL360 (Indirect Ownership)
Common Shares
10 - Acquisition or disposition in the public market $2,535
+31,300 vol
$0.081 each
Filed 2020-12-03 03:35

Tx date 2020-12-01 $CMIL
Capella Minerals Limited Roth, Eric
4 - Director of Issuer, 5 - Senior Officer of Issuer
Holder: RL360 (Indirect Ownership)
Common Shares
10 - Acquisition or disposition in the public market $7,299
+100,000 vol
$0.073 each

Small caps in the hydro electric space aren't that common on the TSX, but I was able to find a comparable company that's also in BC and already producing, but only a fraction of the MW.

SXI.T - $10 million market cap
- 40 million shares, trades at $0.24
- $15 million in debt/liabilities
- Produces 11MW or $300,000 revenue per quarter

AKH.H - $4.4 million market cap
- 44 million shares, trades at $0.10
- no debt, clean balance sheet
- JV with large cap NYSE company
- Project to produce 75MW or an estimated $2.1 million revenue per quarter

Some additional information below pertaining to the project. News release clearly says it has a NPV of $155 million US dollars.

http://www.alaskahydro.com/project/more-creek.php

https://www.alaskahydro.com/pdf/NR/AKH%20NR%20Sep%206%202018.pdf

ALASKA HYDRO UPDATE ON MORE CREEK HYDRO ELECTRIC PROJECT September 6, 2018 – Vancouver, British Columbia – Cliff Grandison, President of Alaska Hydro Corp. (the Company), TSX:AKH, announced that the Company's consultant, Sigma Engineering has completed a revision to its 75 MW More Creek hydroelectric project Prefeasibility Study. The revisions have been made to include the diversion of water from the Forrest Kerr water shed into the More Creek watershed. The Forrest Kerr Creek is approximately 2.5 km west of the south arm of More Creek and the proposed diversion would be approximately 25 km upstream of its confluence with the Iskut River. Water in excess of 3.7 m3 /s or approximately 21.36 m3 /s of the mean annual flow will be diverted to More Creek and increase annual generation from 345 GWh to 448 GWh and revenue potential from $34.5 million to $44.8 million, an increase of 30%. Total construction cost is expected to increase from $ 191,247,020 to $242,223,320. The rate of return or IRR is estimated to be 33.61% and the Net Present Value at a 10% discount rate is estimated to be $154,924,278. The financial result of the revised prefeasibility study confirms that the More Creek project is financially robust and will be subjected to a full feasibility study with the revised design criteria. The More Creek project is in both the federal CEAA environmental assessment process and the BC EAO environmental assessment process. The Forrest Kerr diversion will require an amendment to the project description and every effort will be made to continue with the environmental assessments without being setback by the design change. The More Creek storage dam and generator will not require any design change to handle the increased flow resulting from the diversion from Forrest Kerr Creek. The Company is seeking joint venture partners to take the project through the engineering and permitting stage. For further information, please contact: Cliff Grandison, President (604) 929-3961

Alaska Hydro signs LOI with KOWEPO for due diligence

2020-12-02 11:32 MT - News Release


Mr. Cliff Grandison reports

ALASKA HYDRO PROVIDES UPDATE

Alaska Hydro Corp. has provided an update on the company's activities. He reported the receipt of a Letter of Intent from Korea Western Power Co., Ltd. (KOWEPO), a wholly owned subsidiary of Korea Electric Power Corporation (KEPCO) to conduct due diligence on Alaska Hydro's More Creek hydroelectric Project. KEPCO is the principal supplier of electricity in Korea and is a publically listed company on both Korea stack exchange and the NYSE

The non-binding Letter of Intent expressed a desire to become a partner and outlined a requested list of information to conduct due diligence on which to make their decision. No specific terms of for investment or partnership are motioned

The Company is providing all available information.

Mr. Grandison also reported the signing of a Success Fee Agreement with Hahn Renewable Energy LLC. This agreement has stated Performance Goals for the sale and/or financing of the More Creek Project. Compensation is based on successful conclusion of financing or sale. Hahn Renewable Energy is a private company registered in California.

Both KOWEPO and Hahn Renewable Energy LLC are arms length companies to Alaska Hydro Power Corporation

The More Creek Project is a 75 MW hydroelectric storage dam and generator on More Creek in northwest British Columbia. The project is in the environmental review process required for an Environmental Assessment Certificate from both the federal and provincial environmental agencies.

The Company has completed a prefeasibility study and will prepare a feasibility study to coincide with the filing of the Environmental Application for an Environmental Assessment l Certificate. A Phase 1 Feasibility Study which provides a high level of confidence in the project metrics is being considered.

Funds for the Feasibility Study and Environmental Assessment are being pursued and the foregoing mentioned Success Agreement is a focused effort to raise funds.

We seek Safe Harbor.

East West Petroleum Q3 Resultsm Released November 30th 2020. Information below can be found on Sedar.

Symbols: EW(Canada) & EWPMF(USA)
Prices: $0.045CAD & $0.03USD
Common Shares: 89,585,665
Website: www.eastwestpetroleum.ca

Financial Results, Ending September 30th 2020 - keeping in mind that brent oil was lower this quarter

ASSETS
Cash: $4,911,056 - Company currently has a market cap below it's cash value
GST Receivable: $6,280
Amounts Receivable: $166,802
Prepaid Expenses: $28,880
Investments: $599,200 - Both stocks held have gone up since this end period
Exploration & Evaluation Assets: $1,655,361
Property, Plant & Equipment: $368,384
Total Assets: $7,735,963

LIABILITIES
Accounts Payable: $284,094
Decommissioning: $1,325,303
Total Liabilities: $1,609,397

Performance
Six Month Revenue: $1,135,141 (2019 - $1,491,042) - Lower due to the oil price drop from Covid
Net Loss: $328,072 - Depletion was $340,000

Management Discussion Highlights

New Zealand

PMP 60291 is the location of the Cheal E-Site and the Cheal E-site production facility as well as the Cheal-E wells.
There has been continued positive response from the Cheal E waterflood program, with both production and pressure
increases having been observed. The Cheal E waterflood program was expanded to include the conversion of the
Cheal-E4 well to a water injector in two Mt. Messenger formation intervals, which has swept oil towards the Cheal
E1 producing well from the southern area of the field resulting in additional oil recovery and extending the Cheal-E
site’s field life.

The Company’s portion of oil and gas production remained relatively consistent during the three months ended
September 30, 2020 (“Q2”) compared to the three months ended June 30, 2020 (“Q1). During Q2 the Company’s
portion of oil and gas production was 13.8 Mbbl oil and 21.2 Mmcf gas, compared to 15.3 Mbbl oil and 21.8 Mmcf
gas during Q1. The Company had five wells, the Cheal-E1, E2, E5, E6 and E8 producing for both Q2 and Q1.
On October 24, 2020 the Cheal-E1 pump stopped functioning. The Operator has managed to pull the rods with a
crane and intends to clean the well and replace the pump. Production from the Cheal-E1 well is expected to resume
by mid to late December 2020.

Romania

As operator, NIS has proposed and is actively progressing comprehensive exploration programs in the EX-2, EX-3,
EX-7 and EX-8 exploration blocks in Romania. It should be noted that all activities are dependent on securing the
necessary government and local approvals.

Due to the Covid-19 pandemic the state of emergency a nationwide lockdown was imposed by the Romanian
government on March 25, 2020. Consequently, the operator NIS, has temporarily ceased new exploration field activity
until such time that the lockdown is lifted and social distancing requirements can be safely relaxed. It is expected that
this will substantially delay the planned 2020 exploration programs in the EX-2, EX-3, EX-7 and EX-8 exploration
blocks in Romania. As usual, it should be noted that all activities are dependent on securing the necessary government
and local approvals.

On Block Ex-2, acquisition program of 3D seismic in the amount of 170 Km2 was completed in Q3/2019 (calendar)
with processing completed in July 2020. Interpretation is currently underway. The Phase 1 Exploration Period was
extended for another two years and now ends in December 2021.

On Block EX-3, processing of the data acquired last year on 223 km2 3D seismic program has been finished and
interpretation of the data has been completed. This work identified several exploration prospects with drilling
expected to commence in 2021 (calendar). The Phase 1 Exploration Period was extended for another two years and
now ends in December 2021.

On Block EX-7, an exploration well, Bvs-1000, was drilled in Q1/2019 (calendar) to a total depth of 3,800 meters and
encountered several potential hydrocarbon bearing zones as identified on logs. Testing has now been postponed until
2021 (calendar). On the Teremia North discovery, the initial discovery well, Teremia-1000 experienced mechanical
problems resulting in an inflow of formation water. NIS now plans to recomplete the well as a potential gas producer
in either 2021 or 2022. An appraisal well, Teremia-1001, was drilled and completed in Q1/2019 (calendar) and,
following initial testing, was placed on long term experimental production in July 2019.

On Block EX-8, a second deviated appraisal well, Teremia-1002, was drilled into the extension of the Teremia North
discovery. The well was completed and tested in Q4/2019 (calendar) and has subsequently been placed on long term
experimental production.

NIS has requested extension of the experimental oil production periods for Teremia-1001 and Teremia-1002 to gather
more performance data.

An exploration well, Pesac Sud-1000 was drilled and completed in 3Q/2019 (calendar) two separate intervals were
tested in Q4/2019 (calendar). Both tests failed to indicate the presence of hydrocarbons. Future testing of potentially
prospective shallower zones is being considered for 2021 (calendar).

NIS is committed to fulfilling the commitment work programs in all blocks, considering certain legislative changes
and being granted appropriate extensions due to the current Covid-19 situation.

NIS will be funding 100% of the costs and fully carrying the Company through the commitment work programs in
each of the blocks in return for earning an 85% interest in each licence. A technical meeting is tentatively scheduled
for September 2020 in which NIS is expected to present a proposal for a development phase for which the Company
will be responsible for its 15% interest.

Investments

As at September 30, 2020 the Company held 240,000 common shares of Orocobre and 190,000 common shares of
Sweet Earth with a total quoted value of $599,200

Commitments

The Company’s share of expected exploration and development permit obligations and/or commitments as at
September 30, 2020 are approximately $147,000 to be incurred during fiscal 2021 and $1,400,000 over the next five
years. The Company may choose to alter the program, request extensions, reject development costs, relinquish certain
permits or farm-out its interest in permits where practical

Out today, Crux interview with Cerrado Gold. As per Capella Minerals(previously New Dimension Resources) news release from October 28th, CMIL.V will own $2.25 million worth of stock in this company in exchange for selling their Argentina subsidiary.

What's surprising about this is they are listing around $2, compared to the shell that has a rollback price of only 42 cents. But this is only 5.5 million shares of the entire float and the shell had a good amount of cash in it.

November 28th Crux Interview With Cerrado Gold:

Interview with Mark Brennan, CEO of Cerrado Gold

A private company chasing gold in Argentina and Brazil. Looking to go public in soon. We talk through the management teams relevant experience and successes of the past. So what's it like doing business in Argentina and how do they expect to grow that asset. Same questions asked for Brazil. Brennan runs through their business plan and maps out the sequence of spend and production and where they expect to spend their time and money. It's an ambitious plan, but they have delivered and monetised successive so they are confident in their abilities.

Take a look at their presentation https://www.cerradogold.com/investors and look out for the imminent IPO. The suggestion from Brennan is that the company will list at $140M and at around $2.

If you want to hear what we think of the company go to cruxinvestor.com/club where you can also get summaries of all our interviews (to save you time); Company Reports, exclusive insight on various macro trends in commodities, early access to our company interviews (stay ahead of the crowd); and a thriving community of intelligent investors sharing thoughts and ideas (but without the vitriol and trolling). Think Twitter meets Netflix.

0:00 - Introduction

1:01 - Company Overview

1:30 - Team Experience & Background

3:39 - Total Money Spent So Far

5:13 - Minera Don Nicolas, Argentina: The Plan, Timing, & Money Required

12:29 - Exploration Targets & Data Inherited

14:09 - Upside for Investors & Value of Asset

16:36 - Risks & Potential Problems: Mining in Argentina

28:37 - Monte Do Carmo, Brazil: The Plan for the Asset

35:54 - IPO in December: Discussing Timing, Investors, & Exchange

Axmin Q3 Results Out. Two Updates From The MD&A:

Page 5: The Company has been advised that Presidential and legislative elections will be held simultaneously on December 26, 2020, with results to be officially announced one week after the elections. On November 2, 2020, the Company has received notice from Central African State to confirm in participating in the mediation process with the company’s subsidiaries AURAFRIQUE SARL SOMIO TOUNGOU SA. Mediation between the Company and the Central African State is progressing and practical arrangements are being made to resolve the difficulties within a short period of time. The date will be further confirmed from the arbitral chamber. The Company has received notice that the Central African State will be represented by Flavien Mbata, Minister of Justice and Human Rights, and Léopold Mboli Fatran, Minister of Mines and Geology in the arbitration.

Page 7: On November 16, 2020, Endeavour Mining Corporation (TSX:EDV) and Teranga announced that they have entered into a definitive agreement whereby Endeavour will acquire all of the issued and outstanding securities of Teranga. In their joint press release, the companies stated that the combination would “leverage Endeavour’s West African operating model to extract significant financing, operating and capital synergies across all of Teranga’s assets [including] Sabodala-Massawa, in Senegal, to become a flagship asset alongside Ity and Houndé with the potential to become a top tier asset given its high grade, low cost, long mine life, large reserves and significant exploration potential.” The Company is in discussions with Teranga regarding the 5 proposed targets within Bransan Lot C on whether the Company will participate in the exploration, which will include funding 20% of proposed work costs, or elect to convert to a 1.5% net smelter royalty.

Inventronics earns $284,000 in Q3

2020-11-26 14:08 MT - News Release

Mr. Dan Stearne reports

INVENTRONICS ANNOUNCES 2020 Q3 FINANCIAL RESULTS

Inventronics Ltd. has released its unaudited third quarter 2020 financial results.

For the three months ended Sept. 30, 2020, Inventronics reported net earnings of $284,000, or 6.5 cents per share, on revenue of $2.05-million compared with net earnings of $192,000, or 4.4 cents per share, on revenue of $1,898,000 for the three months ended Sept. 30, 2019. For the nine months ended Sept. 30, 2020, Inventronics reported net earnings of $699,000, or 15.9 cents per share, on revenue of $4,685,000 compared with net earnings of $346,000, or 7.9 cents per share, on revenue of $4,708,000 for the nine months ended Sept. 30, 2019. The improvement in net earnings for both the three- and nine-month periods of 2020 was positively impacted by the government support received through the Canada emergency wage subsidy program, which amounted to $73,000 and $363,000, respectively.

SELECTED FINANCIAL INFORMATION
(in thousands of dollars, except per-share amounts)

Income highlights Three months ended Nine months ended
Sept. 30, Sept. 30, Sept. 30, Sept. 30,
2020 2019 2020 2019

Revenue $2,050 $1,898 $4,685 $4,708
EBITDA 344 261 887 538
Net earnings 284 192 699 346
Basic earnings per share (in cents) 6.5 4.4 15.9 7.9

Further information about the financial results of the corporation can be found in the corporation's unaudited interim financial statements for the quarter ended Sept. 30, 2020, and accompanying management's discussion and analysis, which have been filed on SEDAR.

About Inventronics Ltd.

Inventronics designs and manufactures custom enclosures and other products for an array of customers in the telecommunications, electric utility, cable television, oil and gas, electronics, and computer service industries in North America. The corporation owns its ISO 9001-registered production facility in Brandon, Man.

Shares of Inventronics trade on the TSX Venture Exchange under the symbol IVX.

Cerrado gold breakdown and where Capella Minerals can benefit:

BBA.P Float – 45,605,403 / 8.31 (rollback amount) = 5,488,014
BBA.P Halted Price - $0.05 X 8.31 (rollback price) = 41.55 cents
Cerrado Gold Company Presentation – 55,453,780 Shares (Private)
November Private Placement - $25 million(price not announced) Assuming same price as rollback
Placement Shares(Estimate) $25,000,000 / $0.41 = 60,975,609
Capella Minerals Share Holdings(Estimate) based on $2.25 million at raise price
CMIL Holdings: $2,250,000 / $0.41 = 5,487,804

Estimated common shares without options or warrants:
BBA.P(5,488,014) + Cerrado Gold (55,453,780) + Nov PP(60,975,609) + CMIL(5,487,804) = 127,405,207, lets round to 127.5 million for sake of ease

Estimated revenue from their November company presentation: https://c0fa6392-d308-44dd-a6f0-35d71f381b56.filesusr.com/ugd/c9f131_6af33570b7fc4c99b47de9b4244869a1.pdf

Page 5 information: NPV of $432 million USD @ $1550oz USD, today gold is at $1800.
Estimated production of 45,000 to 55,000 ounces of gold per year with a AISC of $900 to $1100 per ounce.

For low estimates, lets use their $1550 price and lower output of 45,000 ounces and a AISC of $1100:
$1,550 - $1100 = $450 net income per ounce X 45,000 ounces = $20,250,000 USD Estimated net income for 2021.

Estimated earnings: $20,250,000 / 127,500,000 = $0.1588 or $0.16 USD (convert to CAD) X 1.30 = $0.208 or $0.21 earnings per share, estimated at low output.

Compare this to a similar producer like F.V(Fiore Gold) who produced 46,000 ounces of gold in it’s fiscal year and earned close to $9 million USD with a float of 99 million shares, it trades around $1.50 CAD.

Estimated target price for Cerrado Gold (CER) should be around the $2 mark, assuming a minimum gold producer multiple of 10 times. How does it affect Capella Minerals? The company should technically be holding over $10 million dollars in stock value by the end of 2021, large than the current market cap and not taking into consideration it’s current cash position, 6 projects being worked on, or the millions of shares held in Ethos Gold. Again, this is all an estimate until we get the actual placement numbers, which should be out anytime.

Secondary Note: Cerrado Gold will have a webinar on December 8th 2020, those that wish to listen to this, join up here - https://www.redcloudfs.com/rcwebinar-cer/

Crux Investor Interview with Eric Roth, President & CEO of Capella Minerals (TSX-V:CMIL)

Interview link:

This is the ex Mariana Resources team hoping to replicate some of the success of the past. There are a lot of moving parts, but the company has spent some time to finding partners. Their Argentinian projects have been sold and they have JV with Ethos Gold on their Ontario project and Yamana Gold on Domain Project in Manitoba. Focus is now on a gold project in Sweden and Copper Gold projects in Norway. Perceived jurisdictional risk of working in Argentina has gone. There are several success stories in Scandinavia and Capella will be hoping to cash in on that and get noticed. Roth talks about drill programmes, cash requirements and partnerships.

Roth tells us how they picked up assets from EMX Royalty and what their obligations are. We also discuss how they are allocating the $3.3M recently raised.

If you want to hear what we think of the company go to cruxinvestor.com/club where you can also get summaries of all our interviews (to save you time); Company Reports, exclusive insight on various macro trends in commodities, early access to our company interviews (stay ahead of the crowd); and a thriving community of intelligent investors sharing thoughts and ideas (but without the vitriol and trolling). Think Twitter meets Netflix.

0:00 - Introduction
2:04 - Company Overview
3:03 - A Winning Formula? Team Experience & Track Record
7:57 - Business Plan & Model: Why Look at Scandinavia?
9:33 - Domain Gold Project: Commitments, Plans, & Terms with Yamana Gold
17:02 - Savant Lake Project: Plans & Terms with Ethos Gold
20:05 - Perspectives & Assets in Scandinavia
24:28 - Recent Raise of $3.6M & its Allocation
28:58 - Remuneration & Management Shareholding
30:54 - Argentinian Project & the Austral Agreement
32:40 - Excitement & Expectations: What's Next for Capella?

Axmin Inc. November 12th 2020 Company Presentation - http://www.axmininc.com/images/AXMIN%20INC%20AGM%20PPT.pdf

Interesting history on Domain Lake, this is the JV between Yamana Gold and Capella Minerals:

So Rolling Rock hit some good grades in 2008, then they were acquired by Mega Precious Metals in 2010, which was when acquired by Yamana in 2015 and the property is still being worked on today.

https://www.manitoba.ca/iem/geo/gis/activity/yamana_gold_inc_domain_oxford_lake.html

https://www.benzinga.com/press-releases/10/09/c489739/mega-and-rolling-rock-announce-business-combination

https://ca.proactiveinvestors.com/companies/news/106420/yamana-gold-to-buy-mega-precious-metals-for-175-million-61151.html

Cadillac Ventures Inc. Announces the Results of Its Annual General and Special Meeting

2020-11-12 06:02 MT - News Release


TORONTO, ON / ACCESSWIRE / November 12, 2020 / Cadillac Ventures Inc. (the "Corporation") (TSXV:CDC)(OTC PINK:CADIF) ("Cadillac") is pleased to announce the results of the Corporation's Annual General and Special Meeting ("AGM") of Shareholders which was held on November 11th at the Corporation's head office in Pickering.

The Corporation is pleased to report that all items that were set out in the Notice of the Meeting were duly passed at the AGM including the approval of the sale of the Thierry Mine Project, the appointment of Dale Matheson Carr-Hilton Labonte LLP., as the Corporation's Auditor, the re-approval of the Corporation's current stock option plan, the approval to grant the directors of the Corporation the ability to undertake a consolidation of the Corporations share capital at a range between a one for three and a one for ten basis, and the election of the Directors (Norman Brewster, Neil Novak, Maurice Stekel and Rahim Allani).

Contact Information

For more information regarding Cadillac, please visit the Company's website www.cadillacventures.com, or call Norman Brewster, President and Chief Executive Officer, at 905 837 2000.

Back to a 2 year high. going to unload some stock to get my cost out and a small profit, ride the remaining shares. Redeploying into CMIL.V as this is NDR.V trading under a new symbol in order to reflect their recent money raise, exit of Argentina gold/silver/copper assets and heading to Scandinavia which has much better chances of success. Target on CMIL is $0.20 by the end of January 2021. If you look at my past pics on KGC, PST, RTM, POR, etc, I have been 100% accurate on mining stocks this year. But CMIL is the most superior in terms of multiple assets, several million dollars raised, clean books, liquidity from owning shares in Ethos Gold and Cerrado Gold(new deals).

https://capellaminerals.com/investors/presentations/

Cerrado Gold won't show up on the presentation because it was just recently announced. See prior news releases on their website.

New Dimension to change name to Capella Nov. 11

2020-11-06 07:59 MT - News Release


Mr. Eric Roth reports

NEW DIMENSION ANNOUNCES NAME CHANGE TO CAPELLA MINERALS

After having received regulatory acceptance, the following corporate changes will take effect at market open on Tuesday, Nov. 10, 2020, for New Dimension Resources Ltd.

Change of Name and New Trading Symbol: The Company will change its name to Capella Minerals Limited and will commence trading under its new name and stock trading symbol TSX.V-CMIL.

The Company has no plans to change its current share structure, however, the Company's new CUSIP will be 13960M102 and ISIN CA13960M1023. The Company's new website will also be available at www.capellaminerals.com

The Capella Minerals name reflects the next stage of the Company's growth strategy with a focus on the discovery of high-grade gold and base metals deposits in Canada and Scandinavia. The Company's active exploration portfolio includes three high-grade gold projects - the Domain and Savant Lake Joint Venture's in Canada, plus the recent Southern Gold Line acquisition in Sweden - and two high-grade copper assets - Lokken and Kjoli - located in past-producing mining districts in Norway.

Eric Roth, New Dimension's President and CEO, commented today: "Given the Company's renewed focus on precious and base metals projects located in the Northern Hemisphere, the selection of the name Capella Minerals going forward is most appropriate. I am particularly excited by the potential for near-term discovery at both our Lokken and Kjoli projects, given the existence of numerous untested targets (including "walk-up" drill targets) along strike from previous mining operations. In addition, the Company holds direct interests in three high-grade gold projects - the Yamana Gold JV at Domain (Manitoba), the Ethos Gold JV at Savant Lake (Ontario), and our 100% interest in the Southern Gold Line project (Sweden) - all with significant upside potential.

These exciting new brownfields projects and existing gold projects complement the Company's invigorated growth strategy of positioning itself for the current buoyant gold market as well as the potential uplift in future economic demand for attractive base metals, especially copper which is critical to the clean energy sector. I look forward to keeping the market informed as we move projects towards drilling and discovery."

Incentive Stock Option Grant

The Company also reports that the Board of Directors has granted an aggregate 4,980,000 incentive stock options to directors, officers, employees and key consultants to the Company. The stock options are exercisable at a price of $0.12 per share and will have a term of 3 years, expiring on November 4, 2023. Each stock option will allow the holder to purchase one common share of the Company. All stock options granted are subject to staged vesting periods.

Qualified Persons and Disclosure Statement

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101, and approved by Eric Roth, the Company's President & CEO, a director and a Qualified Person under NI 43-101. Mr. Roth holds a Ph.D. in Economic Geology from the University of Western Australia, is a Fellow of the Australian Institute of Mining and Metallurgy (AusIMM), and is a Fellow of the Society of Economic Geologists (SEG). Mr. Roth has over 25 years of experience in international minerals exploration and mining project evaluation.

About New Dimension Resources Ltd

New Dimension is engaged in the acquisition, exploration, and development of quality mineral resource properties in favourable jurisdictions with a focus on high-grade gold and base metal deposits. The Company's precious metals focus is on the discovery through exploration of high-grade gold deposits on its recently optioned Southern Gold Line Project (Sweden), as well as on its active Joint Ventures with Ethos Gold Corp. at Savant Lake (Ontario) and Yamana Gold Inc. at Domain (Manitoba), and the divestiture of Sierra Blanca (Argentina) to Austral Gold Ltd. The Company's base metals focus is on the discovery of high-grade copper-rich VMS deposits on the district-scale land positions around the past-producing Lokken and Kjoli mines in central Norway. Field activities are underway on all projects, with the primary focus being to advance priority targets to drilling.

Spoke to management and a new corporate website & presentation will be out shortly. This can help clarify the assets that New Dimension Resources owns. For a $11 million market cap company, if you compare it’s value to other gold/metal exploration companies, you’ll see how severely undervalued it is.

Based on the most recent news and interview with CEO Eric Roth:

- - $3 million CAD in cash

- - (Savant Lake) - 2 million shares of ECC.V with cash (this has to be repeated for a few years, plus work commitments, 8 million shares total plus cash). ECC trades in the mid 20 cent range.

- - (2 sold Argentina Assets) - 2.25 million shares of Cerrado Gold (Will trade around $0.50 based on news from their capital pool (BBA.P BB1 Acquisition Corp)

- -Yamana joint venture with a very advanced, high grade gold project, 30% interest

- -100% interest in 3 Scandinavian gold/metal projects that are next to old mines, meaning there is already work done, giving a higher chance of success. All 3 to be worked on.

- -$800K work commitment / cash payment from AGLD.C for 80% of an Argentina asset, still retaining 20% which can be bought for $2.3 million

So when you add up all the value and potential, New Dimension Resources should take at least double it’s current market cap before any results are even in. Cash equivalent value from ECC/Cerrado shares, plus what AGLD paid and money raised, is easily more than half of the current market cap.

Here is some additional information to look at:

From Yamana this week in their MD&A and new company presentation: Recently signed an exploration agreement with the Bunibonibee Cree Nation. Planning is underway to guide the consultation process for an initial field program in Q4 and an aggressive exploration effort in 2021

Link: https://s22.q4cdn.com/899716706/files/20201101-November-Corporate-Summary-FINAL.pdf

Ethos recent company presentation that talks about Savant Lake: https://ethosgold.com/wp-content/uploads/2020/10/ECC-October-2020.pdf

AGLD website (does not have an update presentation, but talks about the company): https://www.australgold.com/

Mammoth Secures Extension to Surface Access Agreement, Provides Update on Activities at its Tenoriba Gold Property, Mexico

Toronto, Canada - TheNewswire - November 5, 2020 - Mammoth Resources Corp. (TSXV:MTH), (OTC:MMMRF), (the "Company", or "Mammoth") is pleased to announce that it has reached agreement to extend surface access for a two year period with one of the two communities (ejidos) which oversee surface access to its Tenoriba gold-silver project located in the Sierra Madre precious metal belt, southwestern Chihuahua State, Mexico. Mammoth is scheduled to meet with the administrative board and members of the second ejido in the next two weeks and remains confident that this ejido will also be supportive of a similar two year extension to surface access thereby enabling Mammoth to advance exploration activities on its Tenoriba property.

While advancing these surface access permits, and while Mammoth awaits approval of the drill permit for up to 139 drill sites submitted in August, the Company has been active in advancing a number of initiatives to position the Company and the Tenoriba project with enhanced confidence towards the financing and execution of a substantial drill program planned to commence in early 2021.

Please note that Mammoth President and CEO Thomas Atkins will be part of a speaker panel at this week's Mines and Money 5@5 focused on gold, commencing today, Thursday November 5 th at 5:00 pm Eastern Standard time . The speaker panel will provide the latest gold mining updates, and discuss the impact of the US election on gold, commodities and mining in general. P lease feel free to click on the following link: https://hubs.ly/H0z87VG0 to access this panel discussion. Please register in advance of the 5:00 pm start time.

Thomas Atkins, President and CEO of Mammoth commented on recent activities at Tenoriba, stating: "We're encouraged by the support and cooperation of the first of the two ejidos in their extending surface access at Tenoriba for the next two years. Mammoth is working closely with their neighbour ejido to arrive at a similar agreement. Meantime, Mammoth is advancing various initiatives that believe should give us the highest level of confidence in the opportunities at Tenoriba in preparation to advance a substantial diamond drill program planned to commence in early 2021. Mammoth, having reviewed the geological information generated from activities over the past 21 months, intends to enhance this review by incorporating an independent assessment of this same information by a highly experienced geological consultant and consulting firm with extensive experience in similar metallogenic systems as exists at Tenoriba. Mammoth believes this review combined with other activities it has underway has the potential to heighten the understanding of exploration opportunities at Tenoriba and thereby assist in raising capital, or advancing other opportunities to advance development at Tenoriba."

Activities currently underway at Tenoriba include:

1. Engaging the services of a PhD geologist with extensive experience in Low, Intermediate and High Sulphidation epithermal precious metal systems to review all historical data from the Tenoriba property, including that produced in the past 21 months, and to include time at the project reviewing surface geology and historic drill core. The objective of this review is to assist in the review of the geological prospectively at Tenoriba, including recommendations on future exploration opportunities and activities.

2. Mammoth is advancing the 3D interpretation of geophysical and topographic data currently available from its 2015 IP-Mag surface geophysical survey with the objective of enhancing the understanding of potential control features evidenced in this data which appear to control mineralization intersected in 2008 and 2017-18 diamond drilling. Past geophysical lines were run north-south and the goal of the 3D interpretation is that this may assist in identifying potential control structures which may exist at high angles to these geophysical lines and as a result may not be observable in the current 2D north-south interpretation of the data produced from this survey. Should this 3D interpretation assist in understanding these control features better, this same 3D interpretation will be employed on additional geophysical work planned at Tenoriba.

3. Mammoth is planning an additional up to 72-line kilometres of IP-Mag surface geophysics at Tenoriba. The 2015 geophysical survey covered approximately 50 percent of the 5 to 6 kilometre strike length of surface mineralization sampled at Tenoriba, including only 3 lines covering 200 metres of the El Moreno area. A 1.2 kilometre gap exists between these 3 El Moreno lines and the area surveyed in the central portion of the mineralized trend. It was below the El Moreno area where coarse gold nuggets were recently panned (refer to following link: http://www.mammothresources.ca/i/maps_figures/10.jpg ). As part of this survey additional geophysical coverage is planned further east and west of the eastern and western most areas covered by the past survey where the trend of mineralization remains open.

Mammoth looks forward to providing additional information on its activities at Tenoriba in the coming weeks.

The Company has issued 100,000 stock options at the current market price to a third party contractor, activities of which are unrelated to any geological or evaluation activities.

About Mammoth Resources:


Mammoth Resources (TSX-V: MTH) is a precious metal mineral exploration Company focused on acquiring and defining precious metal resources in Mexico and other attractive mining friendly jurisdictions in the Americas. The Company holds a 100% interest (subject to a 2% net smelter royalty purchasable anytime within two years from commencement of commercial production for US$1.5 million) in the 5,333hectare Tenoriba gold property located in the Sierra Madre Precious Metal Belt in southwestern Chihuahua State, Mexico. Mammoth is seeking other opportunities to option exploration projects in the Americas on properties it deems to host above average potential for economic concentrations of precious metals mineralization.

To find out more about Mammoth Resources and to sign up to receive future press releases, please visit the company's website at: www.mammothresources.ca ., or contact Thomas Atkins, President and CEO at:416 509-4326.

Cadillac, KFG agree to merge

2020-11-04 06:15 MT - News Release

See News Release (C-CDC) Cadillac Ventures Inc (2)

Mr. Norman Brewster of Cadillac reports

CADILLAC VENTURES INC. AND KFG RESOURCES LTD. AGREES TO PURSUE AN AMALGAMATION

Cadillac Ventures Inc. and KFG Resources Ltd. have signed a letter of intent to pursue an amalgamation, with the support of both boards, subject to approval by shareholders of each company and TSX Venture Exchange approval. The amalgamation will proceed with an exchange of KFG common shares for Cadillac common shares on a one for one basis.

The companies believe that the amalgamation will create significant value for both shareholder groups. As such, the boards of directors of both companies have agreed specific terms of the proposed transaction will be determined based on corporate, tax and securities laws, and other considerations. The principals of both Cadillac and KFG will provide support agreements for the transaction.

Following completion of the amalgamation, Cadillac will proceed to effect a consolidation of its shares, expected to be on a 1:3 basis.

The directors of KFG wish to thank their shareholders for their support during the downturn of the oil market over the past several years. They believe that the proposed transaction with Cadillac can create a new and more impressive company with diversified assets, cash flows and reduced costs to make the company's oil production more lucrative. Both Mr. Haney and Mr. Grassi approve of the transaction and urge all KFG shareholders to follow suit.

The directors of Cadillac believe that the cash flow provided by the oil revenue related to this transaction will allow the company to be more effective in the review and acquisition of additional mineral properties. The directors urge Cadillac shareholders to support the transaction.

© 2020 Canjex Publishing Ltd. All rights reserved.

Cadillac Ventures Inc. and KFG Resources Ltd. Agrees to Pursue an Amalgamation
TORONTO, ON / ACCESSWIRE / November 4 , 2020 / Cadillac Ventures Inc. (TSXV:CDC)(OTC PINK:CADIF) and KFG Resources Ltd. (KFG) (KFGRF) have signed a letter of intent to pursue an amalgamation, with the support of both boards, subject to approval by shareholders of each company and TSXV approval. The amalgamation will proceed with an exchange of KFG common shares for Cadillac common shares on a one for one basis.

The companies believe that the amalgamation will create significant value for both shareholder groups. As such, the boards of directors of both companies have agreed specific terms of the proposed transaction will be determined based on corporate, tax and securities laws and other considerations. The principals of both Cadillac and KFG will provide support agreements for the transaction.

Following completion of the amalgamation, Cadillac will proceed to effect a consolidation of its shares, expected to be on a 1 for 3 basis.

The directors of KFG wish to thank their shareholders for their support during the downturn of the oil market over the past several years. We believe that the proposed transaction with Cadillac can create a new and more impressive company with diversified assets, cash flows and reduced costs to make our oil production more lucrative. Both Mr. Haney and Mr. Grassi approve of the transaction and urge all KFG shareholders to follow suit.

The directors of Cadillac believe that the cash flow provided by the oil revenue related to this transaction will allow the company to be more effective in the review and acquisition of additional mineral properties. The directors urge Cadillac shareholders to support the transaction.

Contact Information

For more information regarding Cadillac, please visit the Company's website at www.cadillacventures.com, or call Norman Brewster, President and Chief Executive Officer, at 416 970-3223.

Neither the TSX Venture Exchange nor its Regulation Service Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this new release.

SOURCE: Cadillac Ventures Inc.

View source version on accesswire.com:
https://www.accesswire.com/614345/Cadillac-Ventures-Inc-and-KFG-Resources-Ltd-Agrees-to-Pursue-an-Amalgamation

New Dimension Resources October 30th 2020 Interview & Technical Charts

http://www.kereport.com/2020/10/30/new-dimension-resources-a-renewed-focus-on-gold-and-copper-in-sweden-and-norway-and-jv-deals-on-the-canadian-properties/

COMPANY UPDATES FROM MANAGEMENT – FRI 30 OCT, 2020

NEW DIMENSION RESOURCES – A RENEWED FOCUS ON GOLD AND COPPER IN SWEDEN AND NORWAY, AND JV DEALS ON THE CANADIAN PROPERTIES

Eric Roth, President and CEO of New Dimension Resources (TSX.V: NDR) joins me for a comprehensive discussion on the new focus of exploration in Sweden and Norway. After selling the Company’s projects in Argentina and acquiring the 3 Scandinavian projects, 1 in Sweden and 2 in Norway, the Company has plans start drilling by next year.

We also discuss the 2 Canadian projects that are under joint ventures with Yamana and Ethos Gold. If you have any follow up questions for Eric please email me at Fleck@kereport.com.



Technicals are showing a 96% overall buy rating: https://www.barchart.com/stocks/quotes/NDR.VN/opinion

Cerrado’s resource inventory in Argentina reaches one million ounces of gold

https://www.mining.com/cerrados-resource-inventory-in-argentina-reaches-one-million-ounces-of-gold/

MINING.COM Staff Writer | October 29, 2020 | 5:15 am Exploration Latin America Gold

Cerrado Gold, a privately-owned Toronto-based mining and exploration company, announced that it has entered into a binding letter of intent with New Dimension Resources (TSXV: NDR) to acquire 100% of its Argentine subsidiary Minera Mariana Argentina S.A.

To go ahead with the deal, Cerrado Gold will have to pay a purchase price of C$2.25 million payable in shares of Cerrado.

The main assets owned by Minera Mariana are the Las Calandrias and Los Cisnes projects, located in the southern Santa Cruz province. In total, the projects consist of approximately 60,400 hectares with the bulk of the landholdings on the property adjacent to Cerrado’s Minera Don Nicolás gold mine.

According to the Canadian miner, the acquisition of these projects implies the addition of 379,000 ounces of gold and six million ounces of silver in the indicated category and 42,000 ounces of gold and 401,000 ounces of silver in the inferred category, directly adjacent to Don Nicolás’ Escondido deposit.


“The additional gold resource base increases our total resource inventory in the region to just under one million ounces in Argentina,” Mark Brennan, Cerrado’s co-chairman and CEO, said in a media statement. “This transaction will support, not only additional resources for the Don Nicolás mill but also support our ongoing review of the potential to use ore leaching of lower grade materials at the north of our property. We expect to complete these studies and complete an economic assessment early in the new year with the potential to increase our annual production rate by 20-30K ounces per year.”

Note: As per NDR's news release from yesterday, Cerrado Gold will be listing either on the TSXV or TSX by the end of 2020.

New Dimension Signs Binding Letter of Intent with Cerrado Gold for Sale of Minera Mariana Argentina S.A.

2020-10-28 07:30 MT - News Release


New Dimension Signs Binding Letter of Intent with Cerrado Gold for Sale of Minera Mariana Argentina S.A.
Canada NewsWire

VANCOUVER, BC, Oct. 28, 2020

TSX-V: NDR

VANCOUVER, BC, Oct. 28, 2020 /CNW/ - New Dimension Resources Ltd. (TSXV:NDR) (the "Company", New Dimension" or "NDR") is pleased to announce that it has entered in to a Binding Letter of Intent ("LOI") with Cerrado Gold Inc. ("Cerrado") for the sale of its 100% interest in its Argentine subsidiary, Minera Mariana Argentina S.A. ("Minera Mariana")(the "Transaction"). Minera Mariana is owner of the Las Calandrias and Los Cisnes gold-silver projects, in addition to an extensive portfolio of exploration concessions in the Eastern Deseado Massif, Santa Cruz Province, southern Argentina. The transaction is subject to successful completion of due diligence and is expected to close on or around November 30, 2020.

Cerrado is owner and operator of the Minera Don Nicolas ("Don Nicolas") gold mine, a 1,000 tonne per day gold mining/processing facility located immediately adjacent to Minera Mariana's Las Calandrias project.

Highlights of the Transaction

New Dimension will receive USD 50,000 in cash within 10 days of signing of the Binding LOI.
New Dimension will receive CAD 2.25 million in Cerrado shares. The exact price and number of shares to be issued will be calculated based on the price of Cerrado's shares as determined in anticipation of a concurrent financing with its planned listing on either the Toronto Stock Exchange or TSX Venture Exchange (expected to be completed by December 31, 2020).
New Dimension will retain indirect exposure to future exploration and operational success at both Las Calandrias and Don Nicolas through its shareholding in Cerrado.
Eric Roth, New Dimension's President and CEO, commented today: "I am very pleased to be announcing today the sale of our Argentine subsidiary, Minera Mariana, to Cerrado Gold. This agreement will allow the Las Calandrias project, in particular, to benefit greatly from the exploration and operational expertise of the Don Nicolas team, with its geographical proximity to Don Nicolas' current mining/processing operations at Paloma and Martinetas also providing Las Calandrias with synergies for potential future development.

With the divestiture of Minera Mariana, the Company will now be able to focus its activities on advancing its recently acquired Scandinavian projects - the high-grade copper-rich Løkken and Kjøli massive sulfide projects in Norway, and the Southern Gold Line orogenic gold project in Sweden - as well as its two Canadian high-grade gold Joint Ventures - Domain and Savant Lake. With the Company's renewed focus on a quality mix of high-grade gold and copper projects in favourable jurisdictions within the northern hemisphere, I look forward to keeping the market informed as we advance our projects towards drilling."

Las Calandrias Project Overview

Las Calandrias is an advanced-stage gold-silver project located immediately adjacent to Don Nicolas' mining operations at Paloma and Martinetas. The project currently contains two main mineralized zones – i) the bulk-tonnage, dome-hosted Calandria Sur deposit and ii) the high-grade Calandria Norte and Morena vein/breccia zones. The Calandria Sur zone is located along the southern limit of the Company's claim block and extends across this boundary into Don Nicolas' claim block (where it is known as the Escondido mineralized zone). The high-grade Calandria Norte and Morena gold-silver vein/breccias lie along NE-trending structures in the central portion of the Las Calandrias claim block and were the focus of the Company's most-recent (2018) drilling. Further potential still exists to expand the known mineralized zones at Calandria Norte, Morena, and the sub-parallel Despreciada/Nido vein zones through drilling.

Qualified Persons and Disclosure Statement

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101, and approved by Eric Roth, the Company's President & CEO, a director and a Qualified Person under NI 43-101. Mr. Roth holds a Ph.D. in Economic Geology from the University of Western Australia, is a Fellow of the Australian Institute of Mining and Metallurgy (AusIMM), and is a Fellow of the Society of Economic Geologists (SEG). Mr. Roth has over 25 years of experience in international minerals exploration and mining project evaluation.

On Behalf of the Board of New Dimension Resources Ltd.

"Eric Roth"
__________________________

Eric Roth, Ph.D., FAusIMM
President & CEO

About New Dimension Resources Ltd

New Dimension is engaged in the acquisition, exploration, and development of quality mineral resource properties in favourable jurisdictions with a focus on high-grade gold and base metal deposits. The Company's precious metals focus is on the discovery through exploration of high-grade gold deposits on its recently optioned Southern Gold Line Project (Sweden), as well as on its active Joint Ventures with Ethos Gold Corp. at Savant Lake (Ontario) and Yamana Gold Inc. at Domain (Manitoba), and the divestiture of Sierra Blanca (Argentina) to Austral Gold Ltd. The Company's base metals focus is on the discovery of high-grade copper-rich VMS deposits on the district-scale land positions around the past-producing Løkken and Kjøli mines in central Norway. Field activities are underway on all projects, with the primary focus being to advance priority targets to drilling.

New Dimension Provides Update on Scandinavian Gold and Copper Projects

2020-10-28 07:00 MT - News Release


New Dimension Provides Update on Scandinavian Gold and Copper Projects
Canada NewsWire

VANCOUVER, BC, Oct. 28, 2020

TSX-V: NDR

VANCOUVER, BC, Oct. 28, 2020 /CNW/ - New Dimension Resources Ltd. (TSXV: NDR) (the "Company", New Dimension" or "NDR") is pleased to report that it has successfully completed its on-site due diligence on the Løkken and Kjøli base metal projects in Norway and the Southern Gold Line project in Sweden (collectively, the "Scandinavian Projects"). The Company holds the right to acquire 100% interests in the Scandinavian Projects pursuant to an option and purchase agreement with EMX Royalty Corporation (NYSE American: EMX; TSXV: EMX)(Figure 1) (refer to the Company's press release dated August 11, 2020). The Company is also pleased to report that field crews have been mobilized to all three projects with the objective of advancing priority targets to drilling.

Project Highlights

New Dimension has successfully completed on-site due diligence on the district-scale land holdings optioned from EMX around the past-producing Løkken and Kjøli copper-zinc(-silver-gold) deposits in central Norway and the Southern Gold Line gold project in central Sweden.
Field crews have been mobilized to all three Scandinavian Projects, with the immediate focus being on:
Prioritizing high-grade copper-rich massive sulfide ("VMS") targets at both Løkken and Kjøli for drilling. Previous targeting focused on the locations of mineral occurrences and high-conductivity anomalies in airborne electromagnetic data, with the current work program further refining these targets through the acquisition of detailed ground magnetic data and select soil geochemical sampling. Approximately 4.5km of the prospective 15km strike length at Kjøli has now been covered by detailed ground magnetic data (Figures 2 & 3). Field crews were mobilized to Løkken in early October to undertake similar field programs.
Planning is underway for a "bottom of till" auger drill program on the Rötjärnen claim at Southern Gold Line, where locating the source of gold-mineralized boulder trains remains a high priority. In parallel, a low-cost regional Bulk Leach Extractable Gold ("BLEG") sampling program continues on the 50,000 Ha property.
The Company is adequately funded to advance the Scandinavian Projects to drilling after the completion of its recent financing.
The Company intends to complete a technical report in compliance with National Instrument 43–101 ("NI 43-101") on one of the Scandinavian Projects; a technical report for Løkken has now been initiated and is expected to be filed by mid-November.
Eric Roth, New Dimension's President and CEO, commented today: "I am very pleased to be reporting that our on-site due diligence of the Scandinavian Projects has been completed, and that field crews are now busy working on the advancement of our priority targets to drilling. I am particularly excited by the potential for new discovery at both Løkken and Kjøli, given that existing geological and geophysical datasets suggest numerous untested anomalies (including some "walk-up" drill targets) along strike from previous mining operations. At Southern Gold Line, our immediate focus is to locate the source of gold-mineralized boulder trains in the southernmost Rötjärnen claim. In parallel, a low-cost reconnaissance BLEG sampling program is being undertaken across the entire property. Having been on-site at all three properties, I can personally attest to the potential for significant discovery and upside therein for New Dimension.

Aside from short term news flow from our three Scandinavian properties, I am also looking forward to keeping the market informed on advances made at our two high-grade gold Joint Venture projects - Domain (Yamana Gold JV) and Savant Lake (Ethos Gold JV) – as well as the recent Sierra Blanca divestiture (Austral Gold). The Company is now entering a phase of unprecedented exploration activity on a quality mix of high-grade gold and base metals projects."

Link to figures:

https://newdimensionresources.com/site/assets/files/13136/2020_10_scandinavia_acquisition.pdf

Scandinavian Project Overview

Kjøli Copper-Zinc(-Silver-Gold) VMS Project, Norway

The Kjøli copper-zinc(-silver-gold) VMS project represents a district-scale (120 square kilometres, or 12,000 Ha) land position on the northern extension of the greater Røros district, which saw mining for over 300 years beginning in the mid-1600's. The Kjøli claims covers approximately 15 km of prospective stratigraphy extending north from the past-producing Killingdal mine, which operated from 1674 to 1986 and produced some 2.9 Mt @ 1.7% Cu + 5.5% Zn1 from one of Europe's deepest (1.4km) underground mines, and also covering the former Kjøli mine and numerous mineral occurrences in between. Recent field mapping and airborne geophysical surveys have identified numerous exploration targets on the Kjøli claim block that have not yet been followed up. In addition, a regional-scale thrust fault has superimposed post-mineralization sandstones over the mineralized volcano-sedimentary sequences in the western portion of the property, and the potential for the discovery of buried massive sulfide deposits beneath the thrust remains high.

Field activities were initiated at Kjøli during September with ground magnetic and soil sampling surveys having now been completed over approximately 4.5km of the 15km of the prospective stratigraphy which hosts the historic copper mines and key mineral occurrences. Nearly 200 line kilometres of ground magnetic data have been acquired to date and 400 partial leach samples taken. Data from the ground magnetic survey is currently in the process of being processed and interpreted, with results from samples taken from the geochemical survey pending.

1 Historic production figures are from Birkeland, A. (1986) Mineralogisk og geokjemisk undersokelseav Killingdal gruver, Sor-Trondelag. M. Scient. Thesis, University of Oslo in Geological Survey of Finland, Special Paper 53 pg. 86.

Løkken Copper-Zinc(-Silver-Gold) Project, Norway

The Løkken copper-zinc(-silver-gold) project is located approximately 50km SW of the regional centre of Trondheim in central Norway. The Løkken claim block covers a total area of 210 square kilometres (21,000 Ha) and includes the former Løkken underground mine (which closed in 1987 in response to low metals prices), the associated historical mineral processing facilities, plus multiple satellite bodies of mineralization with varying degrees of development. Løkken is considered to be one of the largest ophiolite-hosted Cypress-type VMS deposits by tonnage to have been developed in the world and produced around 24Mt @ 2.3% Cu and 1.8% Zn (plus silver and gold credits)2. Historical records also suggest incomplete extraction of all high-grade copper-zinc blocks in the underground mining operation.

Field work is currently in progress at Løkken and includes the undertaking of ground magnetic and soil geochemical surveys over key regional target areas, commencing with the Dragset target (Figures 4 & 5). In parallel, efforts to obtain and reprocess existing regional airborne electromagnetic datasets (key for modelling buried massive sulfide mineralization), together with the digitizing of former underground mine plans for Løkken, are in progress. The Company expects to be able to continue undertaking field activities at Løkken until the arrival of winter snows (likely late November), with the permitting of drill targets expected to be undertaken immediately thereafter.

2 Historic production values quoted for Løkken are from Grenne T, Ihlen PM, Vokes FM (1999) Scandinavian Caledonide metallogeny in a plate-tectonic perspective. Mineral Deposita 34:422–471, Neither NDR or EMX have performed sufficient work to verify the published data reported above, but both Companies believe this information to be considered reliable and relevant.

Southern Gold Line, Sweden

The Southern Gold Line project is located in north-central Sweden and consists of 500 square kilometres (50,000ha) of mineral claims located in the immediate vicinity of Dragon Mining Ltd's Fäboliden development project and Svartliden gold mine3 (Figure 6). The Southern Gold Line exploration concessions cover areas with similar geologic and structural settings to the Fäboliden deposit (orogenic gold deposits located at, or near, granitoid-greenstone contacts). Host rocks to the high-grade gold mineralization are Paleoproterozoic in age. Reconnaissance sampling and mapping programs are ongoing, with initial BLEG samples collected across portions of the licenses showing multiple areas with enrichment of gold in stream sediments. Planning for bottom of till / top of bedrock auger drilling in the highly prospective southern Rötjärnen claim, where gold mineralized boulder trains have been identified on surface, is underway with auger drilling currently expected to be undertaken in late 2020.

3 References made to nearby mines and analogous deposits provide context for the Southern Gold Line project but are not necessarily indicative that the project hosts similar tonnages or grades of gold mineralization.

Qualified Persons and Disclosure Statement

The technical information in this news release has been prepared in accordance with Canadian regulatory requirements set out in NI 43-101, and approved by Eric Roth, the Company's President & CEO, a director and a Qualified Person under NI 43-101. Mr. Roth holds a Ph.D. in Economic Geology from the University of Western Australia, is a Fellow of the Australian Institute of Mining and Metallurgy (AusIMM), and is a Fellow of the Society of Economic Geologists (SEG). Mr. Roth has over 25 years of experience in international minerals exploration and mining project evaluation.

On Behalf of the Board of New Dimension Resources Ltd.

"Eric Roth"

___________________________
Eric Roth, Ph.D., FAusIMM
President & CEO

About New Dimension Resources Ltd

New Dimension is engaged in the acquisition, exploration, and development of quality mineral resource properties in favourable jurisdictions with a focus on high-grade gold and base metal deposits. The Company's precious metals focus is on the discovery through exploration of high-grade gold deposits on its recently optioned Southern Gold Line Project (Sweden), as well as on its active Joint Ventures with Ethos Gold Corp. at Savant Lake (Ontario) and Yamana Gold Inc. at Domain (Manitoba), and the divestiture of Sierra Blanca (Argentina) to Austral Gold Ltd. The Company's base metals focus is on the discovery of high-grade copper-rich VMS deposits on the district-scale land positions around the past-producing Løkken and Kjøli mines in central Norway. Field activities are underway on all projects, with the primary focus being to advance priority targets to drilling.

Mammoth Resources Corp New Company Presentation & Technical Chart Update

October 2020 Company Presentation: http://www.mammothresources.ca/i/pdf/Mammoth-Corporate-Presentation.pdf

Barcharts 100% Buy Rating: https://www.barchart.com/stocks/quotes/MTH.VN/opinion

Ethos Gold agreement for Savant Lake property

2020-10-22 14:56 MT - Property Agreement


The TSX Venture Exchange has accepted for expedited filing documentation an option agreement dated Sept. 1, 2020, between the company and New Dimension Resources Ltd., whereby the company is acquiring a 70-per-cent interest in certain mining claims in Ontario, known as the Savant Lake gold project. Consideration is as follows:

On signing, $50,000 cash and two million common shares;
On Sept. 20, 2021, $50,000 cash, two million shares and $500,000 in work commitments;
On Sept. 20, 2022, $50,000 cash, two million common shares and $1-million in work commitments;
On Sept. 20, 2023, $50,000 cash, two million common shares and $500,000 in work commitments.
Additionally, in the event that a mineral resource in excess of one million ounces of gold is defined on the property, Ethos will make payments to New Dimension of $50,000 cash and two million common shares of Ethos.

For further information, please refer to the company's news release dated Sept. 21, 2020.

© 2020 Canjex Publishing Ltd. All rights reserved.

Braveheart Resources and Cadillac Ventures Enter into Definitive Agreement for Purchase and Sale of Thierry Mine Project

2020-10-21 07:00 MT - News Release


CALGARY, AB and TORONTO, ON / ACCESSWIRE / October 21, 2020 / Braveheart Resources Inc. (BHT) (RIINF) ("Braveheart") and Cadillac Ventures Inc. (TSXV:CDC) (OTC PINK:CADIF) ("Cadillac") are pleased to announce that they have entered into a definitive share purchase agreement (the "Definitive Agreement") with respect to the previously announced (see press release of August 18, 2020) purchase by Braveheart of a 100% interest in the Thierry Mine Project (the "Thierry Project") near Pickle Lake, Ontario from Cadillac.

Under the terms of the agreement, Braveheart will acquire 100% of the shares of Cadillac's wholly-owned subsidiary Cadillac Ventures Holdings Inc., which owns Cadillac's interest in the Thierry Project, for the following consideration: (i) $300,000 in cash; (ii) 13,500,000 common shares of Braveheart; and (iii) a 2% net smelter royalty ("NSR") to be retained by Cadillac of which 1% of the NSR can be purchased by Braveheart for $1,000,000. The acquisition of the Cadillac Ventures Holdings includes approximately $405,000 in cash, which supports closure obligations associated with the property.

The Thierry Project is a past-producing copper and nickel mine located approximately 15 km west of Pickle Lake, Ontario and accessible on a year-round basis by paved and all-weather roads. The property is approximately 4,700 hectares in size and contains a NI 43-101 mineral resource. There is a municipal airport, nearby rail system and provincial power grid within eight km of the mine. The underground infrastructure includes a three-compartment shaft, production decline to 520 metres below surface and lateral developments on three levels. The underground workings are currently flooded.

Cadillac has scheduled a shareholder meeting for November 11, 2020 for the purpose of obtaining the approval of Cadillac shareholders for the sale of the Thierry Project. The transaction is expected to close in November 2020 and is subject to regulatory and third party approvals and customary conditions precedent.

About Braveheart Resources Inc.

Braveheart is a Canadian based junior mining company focused on building shareholder value through exploration and development in favourable and proven Canadian mining jurisdictions. Braveheart's main asset is the Bull River Mine project near Cranbrook, British Columbia which has a current mineral resource containing copper, gold and silver.

About Cadillac Ventures Inc.

Cadillac Ventures Inc. is an exploration company listed on the TSX-V. Following the sale of Cadillac Ventures Holdings Inc. Cadillac's asset is the Burnt Hill Tungsten property located in New Brunswick, which contains a NI 43-101 mineral resource. Cadillac is presently valuating other mineral opportunities.

Contact Information
Braveheart Resources Inc.
Ian Berzins
President & Chief Executive Officer
1-403-512-8202
admin@braveheartresources.com
Website: www.braveheartresources.com

Contact Information
Cadillac Ventures Inc.
Norman Brewster
President & Chief Executive Officer
1-905-837-2000
norman@cadillacventures.com

For more investor information, please contact Braveheart at:

Kevin Shum
O: +1-647-725-3888 Ext 702
M: +1-604-376-0323
E: kevin@jeminicapital.com
E: info@jeminicapital.com

Mammoth visits Mexico, talks to communities by Tenoriba

2020-10-19 09:07 MT - News Release


Mr. Thomas Atkins reports

MAMMOTH PROVIDES UPDATE ON ACTIVITIES AT ITS TENORIBA GOLD PROPERTY, MEXICO

Mammoth Resources Corp. has provided an update on its activities related to the transfer of operations and 100-per-cent ownership of the Tenoriba gold-silver project located in the Sierra Madre precious metal belt, southwestern Chihuahua, Mexico. Following the notice given to Mammoth by Minera Centerra SA de CV, the Mexican subsidiary company of Centerra Gold Inc., whereby Mammoth announced on Sept. 22, 2020, that Centerra was ceasing exploration activities in Mexico, including at Tenoriba, Mammoth has been actively transferring project information and surface access agreements to Mammoth. Activities since the date of the Centerra notice include: (1) travel to Mexico to attend a technical review of exploration activities and data produced by Centerra during its 21 months operating the option agreement and the transfer of these data to Mammoth, and (2) reintroduce itself to community members and assure voting members of influence within the ejido and executive/administrators that Mammoth was now managing agreements and activities at Tenoriba following Centerra's departure, that current agreements would be honoured going forward and require transferring to Mammoth. Mammoth also initiated discussions to extend these agreements for a two-year period thereby facilitating surface access for a significant future drill program.

Thomas Atkins, president and chief executive officer of Mammoth, commented on Centerra ceasing exploration activities in Mexico, stating: "Travelling back to the project area, myself and Richard Simpson, VP exploration at Mammoth, received a warm welcome after being absent the region the past 20 months. It was terrific seeing friends and acquaintances, and discussing plans and the importance of our working together going forward for our mutual benefits. I feel confident this message of co-operation was well understood and embraced, and we look forward to returning again shortly as we act on some of our plans to advance Tenoriba to a significant drill program, most likely as soon as we're able in early 2021. We're in frequent contact with the contractor responsible for the drill permit application and have been told that permit approval is advancing well, and we're putting into place other activities to have Mammoth in the best position possible to have a number of drill targets testing numerous areas over the five-kilometre strike length of mineralization at Tenoriba. As we continue to advance these activities, we'll make further announcements to ensure shareholders are apprised of these steps towards commencement of drilling."

Tenoriba technical review

The owner of a diamond drilling company and a third party geologist accompanied Mammoth's vice-president of exploration, Mr. Simpson, to Centerra's Mexican office where a meeting was held to review Centerra's activities during its period working at Tenoriba. Mr. Atkins, president and CEO of Mammoth, attended this meeting by conference link. A number of observations, recommendations and conclusions were presented, and all Centerra data were transferred to Mammoth. Mammoth will, over the next couple of weeks, integrate Centerra's work data with its own and, from this integration and review, Mammoth will make recommendations on any additional work that may be deemed appropriate prior to targeting drill locations and the commencement of drilling. The company expects to announce the results of this review, its recommendations for any future work and timing of any such activities in the next couple of weeks.

Please refer to the projects section, maps, images and photos subsection, of the company website for some slides of Mammoth's trip into the project area, including some course gold samples panned from a location just below the El Moreno area at Tenoriba.

Community consultations

Following the technical meeting, Mr. Simpson and the third party geologist travelled to Chihuahua city where they met Mr. Atkins and the Tenoriba project community relations manager. All four participants travelled to the project area to meet with community members and assured these community members, ejido voting members of influence and executive/administrators of the ejidos that Mammoth was now managing agreements and activities at Tenoriba following Centerra's departure, and that current agreements would be honoured going forward and require transferring to Mammoth. Mammoth also initiated discussions to extend these agreements for a two-year period. Mammoth met with members of both ejidos (community groups) and the district president. A warm welcome was received, and discussions have led to meetings and dates being set in the near future for voting on the transfer and extension of surface access agreements, with the intention that extensions to surface access agreements will be in place before year-end.

Please refer to the projects section, maps, images and photos subsection, of the company website for some slides of Mammoth's trip into the project area, including pictures of various meetings held with community members.

Mammoth looks forward to providing additional information on its activities at Tenoriba as it prepares the project for a significant drill program to commence as early as it is able in 2021.

About Mammoth Resources Corp.

Mammoth is a precious metal mineral exploration company focused on acquiring and defining precious metal resources in Mexico and other attractive mining-friendly jurisdictions in the Americas. The company holds a 100-per-cent interest (subject to a 2-per-cent net smelter royalty purchasable anytime within two years from commencement of commercial production for $1.5-million (U.S.)) in the 5,333-hectare Tenoriba gold property located in the Sierra Madre precious metal belt in southwestern Chihuahua, Mexico. Mammoth is seeking other opportunities to option exploration projects in the Americas on properties it deems to host above-average potential for economic concentrations of precious metals mineralization.

We seek Safe Harbor.