Macarthur arranges up to $200M (Australian) financing

Mr. David Taplin reports
 
SINGAPOREAN STEEL AND SHIPPING GROUP SIGNS FUNDING MANDATE FOR MACARTHUR MINERALS AUSTRALIAN IRON ORE PROJECT
 
Macarthur Minerals Ltd. has entered into a non-exclusive mandate with the Tulshyan Group to raise up to $200-million (Australian) with an initial tranche of $50-million (Australian) to develop the company's Ularring hematite iron ore project located in Western Australia.
 
The Tulshyan Group made a strategic investment in the Company in January this year. The Tulshyan Group, based in Singapore, is one of the largest recyclers of scrap steel in the world, has a significant shipping business with a fleet of over 30 ships and is expanding its commercial aircraft leasing business. The Tulshyan Group has significant experience in sales, marketing of steel and iron ore and access to capital for potential development of the Company's Western Australian iron ore projects.
Read more: Macarthur Minerals Ltd ( MMS )

Zinc One to acquire Forrester for 30.85 million shares

See News Release (C-Z) Zinc One Resources Inc
 
Mr. Jim Walchuck of Zinc One reports
 
ZINC ONE TO ACQUIRE FORRESTER METALS TO ESTABLISH A ZINC FOCUSED EXPLORATION AND DEVELOPMENT COMPANY
 
Zinc One Resources Inc. and Forrester Metals Inc. have entered into a binding agreement whereby Zinc One has agreed to acquire all of the issued and outstanding common shares of Forrester and complete a private placement financing of $10-million. Zinc One's proposed acquisition of Forrester is based on a positive outlook for the zinc price and the attractiveness of the zinc assets contained in the Forrester portfolio.
Read more: Forrester Metals Inc ( VEM.H )

Orbite HPA Production Update

HPA Purity Maintained in Calcination Section First Commercial Orders Booked
 
MONTREAL, QUEBEC--(Jan. 23, 2017) - Further to its press release of January 16, 2017, Orbite Technologies Inc. (TSX:ORT)(OTCQX:EORBF) ("Orbite" or the "Company") today provides an update on the Company's progress with the production of high purity alumina ("HPA").
 
In an earlier production run announced on January 16, 2017, close to 2 tonnes of HPA was produced over 3 days.
 
Feedstock material fed to the calcination section of the plant consisted of aluminum chloride hexahydrate ("ACH") with a purity of approximately 4N7 (HPA equivalent), produced in the digestion and crystallization sections of the plant. The purity of the HPA produced using this source material was also approximately 4N7. This indicates that next to no impurities were picked up in the calcination section of the plant, a significant and better than expected result as an increase of impurities in the first few cycles was anticipated.
Read more: Orbite Technologies ( ORT )

Arizona Mining Reports Best Drill Hole to Date at Hermosa Taylor; Includes 104 Feet Assaying 22.1% Zinc; 14.6% Lead & 5.6 opt Silver; Receives Interest in Concentrate at the Taylor Deposit

Arizona Mining Reports Best Drill Hole to Date at Hermosa Taylor; Includes 104 Feet Assaying 22.1% Zinc; 14.6% Lead & 5.6 opt Silver; Receives Interest in Concentrate at the Taylor Deposit
 
VANCOUVER, BC--(January 12, 2017) - Arizona Mining Inc. (TSX: AZ) ("Arizona Mining" or the "Company") is pleased to announce the results of five (5) exploration drill holes from its current program on the Taylor zinc-lead-silver sulfide deposit located on its 100%-owned Hermosa Project in Santa Cruz County, Arizona. This brings the total number of drill holes reported in the latest program to forty-six (46).
Read more: Arizona Mining Inc ( AZ )

Meridian Mining Announces Option on Tin Project in Rondônia, Brazil

AMSTERDAM, The Netherlands, Dec. 19, 2016
 
Potential for near-term cash flow
Right of first refusal on central area, including the existing mine
Option to earn up to 80% of non-explored claims
 
AMSTERDAM, The Netherlands, Dec. 19, 2016 - Meridian Mining S.E. (TSX V: MNO) ("Meridian " or the "Company"), today announced that, through its wholly-owned subsidiary Brasil Manganês Corporation Mineração S.A. ("BMC"), it has entered into a definitive Investment Agreement (the "Agreement") with Cooperativa de Garimperiros de Santa Cruz Ltda. ("Coopersanta") and Cooperativa Metalúrgica de RondôniaLtda. ("Coopermetal") (together the "Cooperatives"), whereby BMC can earn an interest in up to three components of the Cooperatives operation. Pursuant to the Agreement, and as discussed in further detail below, BMC has the right to provide tailings reprocessing services on certain tailings to the Cooperatives; has a right of first refusal on either the acquisition of the mineral rights or the provision of underground mining services in the central area; and can earn 80% of the non-explored area surrounding the mines.
Read more: Meridian Mining S.E. ( MNO )

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