VANCOUVER, British Columbia, May 09, 2019  -- GT Gold Corp. ("GT Gold" or the “Company”) (TSX.V: GTT) is pleased to announce a C$17.6 million financing and strategic investment by Newmont Goldcorp Corporation(“Newmont Goldcorp”) (NYSE: NEM, TSX: NGT) which will accelerate the exploration and development activities at the Tatogga property in British Columbia.

 

The financing will consist of a C$17.6 million private placement of 11,489,601 flow-through common shares priced at $1.53 per flow-through common share. Pursuant to the financing, Newmont Goldcorp has agreed to acquire 11,489,601 common shares as a back-end purchaser. Upon completion of the offering, Newmont Goldcorp will own 9.9% of GT Gold’s outstanding shares.

VAL-D'OR, QC, May 1, 2019 - Bonterra Resources Inc. (TSX-V: BTR, OTCQX: BONXF, FSE: 9BR1) ("Bonterra" or the "Company") is pleased to provide this update of its activities on the Company's advanced exploration projects located in the Urban-Barry Camp near Val-d'Or, Québec.

 

Activities highlights

 

Completed 15,947 metres of infill and exploration diamond drilling during the quarter ended February 28, 2019

Four drill rigs are currently active on the Gladiator, Barry and Moroy projects

Retained the services of SGS Geostat to complete a NI 43-101 resource estimate and technical report on three deposits

Nearing completion on an environmental impact assessment for the Urban-Barry mill expansion from 800 to 2,400 tonnes per day

Engaged two engineering firms, one commissioned to design the mill expansion, and one to increase the capacity of the tailings storage facility to 10 million tonnes

MONTREAL, April 30, 2019  -- Dynacor Gold Mines Inc. (TSX: DNG / OTC: DNGDF) (Dynacor or the Corporation) is pleased to announce that the Toronto Stock Exchange (TSX) has approved the Corporation's request to establish a normal course issuer bid (NCIB), through which Dynacor may purchase, for cancellation, up to 3,273,485 common shares or approximately 10% of its public float as of April 17, 2019. The number of issued and outstanding common shares of Dynacor was 39,139,373 and the public float was 32,734,859 as of April 17, 2019.

 

Dynacor is in a financially strong position to continue to return a portion of its cash to its shareholders through the NCIB. Additionally, it is reviewing other value-added opportunities which could further contribute to enhancing shareholder value.

 

The Corporation may purchase shares under the NCIB over a period of twelve months commencing on May 2, 2019, and ending May 1, 2020, when the bid expires. NCIB purchases will be made through the facilities of the TSX and certain Alternative Trading Systems, and the price for any repurchased shares will be the prevailing market price at the time of the acquisition. 

TORONTO, April 30, 2019 - Osisko Mining Inc. (OSK:TSX "Osisko" or the "Corporation") is pleased to announce it will begin drilling what is planned to be Canada’s longest diamond drill hole, “Deep Discovery 1”, in May at its 100% owned Windfall Lake gold project located in the Abitibi greenstone belt, Urban Township, Eeyou Istchee James Bay, Québec.

 

Deep Discovery 1 is designed to test the intrusion associated geological model for the Windfall deposit, following on the success of the previous deep drill holes (please see Osisko’s Triple 8 discovery news releases dated July 11, 2018, August 7, 2018, and September 13, 2018). The drill hole will investigate the potential depth extensions of known mineralized zones (Underdog and Triple 8) on its path to the principal exploration target: the interpreted outer shell and centre of a possible porphyry intrusion at depths of approximately 3,000 metres to 3,500 metres from surface.

 

Major Drilling Group International Inc. of Moncton, New Brunswick will drill the hole using their EF-100 deep drill rig, which is currently preparing to mobilize to Windfall from Red Lake. Once collared, it is anticipated the drill hole will take approximately six months to complete.