Highlights from the Denise Zone include:

 

Western Denise

65.00 m of 1.89 g/t Au, including 0.50 m of 197.35 g/t Au at a vertical depth of ~345-390 m in hole PE-21-422;

58.50 m of 1.82 g/t Au, including 0.50 m of 177.65 g/t Au, at a vertical depth of ~350-400 m in hole PE-21-392;

166.50 m of 0.59 g/t Au, including 30.30 m of 1.16 g/t Au and 6.00 m of 5.16 g/t Au at a vertical depth of ~170-280 m in hole PE-21-411;

16.00 m of 5.77 g/t Au, including 1.50 m of 59.97g/t Au at a vertical depth of ~200 m in hole PE-21-432;

66.60 m of 1.28 g/t Au, including 1.50 m of 34.22 g/t Au at a vertical depth of ~430-480 m in hole PE-21-415

Eastern Denise

 

41.30 m of 0.88 g/t Au, including 14.90 m of 1.50 g/t Au at a vertical depth of ~230 m in hole PE-22-468;

19.10 m of 0.83 g/t Au, including 0.50 m of 19.64 g/t Au at a vertical depth of ~105 m in hole PE-22-480;

 

Montreal, Quebec--(April 11, 2022) - Amex Exploration Inc. (TSXV: AMX) (FSE: MX0) (OTCQX: AMXEF) ("Amex or the Company") is pleased to announce a total of 27 drill holes focused on near surface and on-strike expansion as well as definition drilling of the Denise Zone ("Denise"), part of the Eastern Gold Zone ("EGZ"), of the Perron Project. See Figure 1 for a plan view of the geology of the EGZ and the mineralized zones.

Val-d'Or, Quebec--(April 7, 2022) - Bonterra Resources Inc. (TSXV: BTR) (OTCQX: BONXF) (FSE: 9BR2) ("Bonterra" or the "Company") is pleased to announce results from the ongoing drilling campaign at the Barry project. Recent drilling results expand upon the northeast sector of the Barry deposit near surface and the southwest sector at depth. The latest results obtained from 43 diamond drill holes are designed to increase the 2021 mineral resource estimate ("2021 MRE") (see press release dated June 23, 2021). Drilling highlights include 7.1 grams-per-ton gold ("g/t Au") over 7.6 metres ("m") in the near-surface zone AB08, approximately 200 m northeast of the previously released intercept 8.0 g/t Au over 7.6 m (see press release dated October 5, 2021).

 

The Company is currently drilling at a rate of approximately 7,500 m per month, focused mainly on expanding its Barry and Gladiator gold deposits highlighted within the recently released 2021 MREs.

 

Highlights include:

7.1 g/t Au over 7.6 m, including 20.1 g/t Au over 1.4 m and 13.2 g/t Au over 1.4 m in hole MB-21-417

1.3 g/t Au over 12.0 m, including 3.0 g/t Au over 4.8 m in hole MB-21-404

2.3 g/t Au over 9.0 m, including 6.8 g/t Au over 2.6 m in hole MB-21-409

17.4 g/t Au over 4.4 m, including 146.0 g/t Au over 0.5 m in hole MB-21-410

10.8 g/t Au over 5.1 m, including 23.1 g/t Au over 1.4 m in hole MB-22-416

12.1 g/t Au over 6.1 m, including 73.5 g/t Au over 0.5 m in hole MB-22-420

VANCOUVER, British Columbia, April 06, 2022 -- Westhaven Gold Corp. (TSX-V:WHN) is pleased to announce drill results from its ongoing drill campaign at its 100% owned 17,623-hectare Shovelnose gold property. Shovelnose is located within the prospective Spences Bridge Gold Belt (SBGB), which borders the Coquihalla Highway 30 kilometres south of Merritt, British Columbia.

 

Gareth Thomas, President & CEO, comments: "We are pleased to report the highest gold-silver intercept (857.64 gram-metres) ever drilled on the Shovelnose gold property, at the FMN Zone. Hole SN22-212 (23.03m of 37.24 g/t gold and 214.70 g/t silver) is over 2 kilometres from the heart of the South Zone resource. We now have multiple gold mineralized drill intercepts at the FMN zone over 500 metres of strike length that begin at bedrock surface in areas with minimal overburden. We believe the FMN zone has the potential to contribute significantly to the property wide precious metals inventory. It is not uncommon in enriched epithermal systems to discover multiple high-grade gold chutes and, given the strong nature of this system and low drill density in this area, we believe there is going to be more high-grade chutes discovered along this ~4-kilometre trend." Thomas goes on to add, "In addition to the drill currently located at the FMN Zone, a second drill has been added at the Alpine Zone focused on following-up on Hole SNR21-55, which intersected 3.13 metres of 45.23 g/t gold and 195.64 g/t silver. Recent drilling at the Alpine Zone has encountered similar geology to what was encountered in SNR21-55, including intervals containing marcasite, adularia and ginguro."

 

Westhaven is reporting assays for 22 holes from its ongoing drill campaign at Shovelnose.

VANCOUVER, BC / March 11, 2022 / GATLING EXPLORATION INC. (TSXV:GTR, OTCQB:GATGF) (the "Company" or "Gatling) is pleased to announce that it has entered into an arrangement agreement dated March 10, 2022 (the "Arrangement Agreement") with MAG Silver Corp. (MAG: TSX / NYSE A) ("MAG" or "MAG Silver").

 

The Arrangement Agreement contemplates that MAG will acquire all of the issued and outstanding common shares of Gatling pursuant to a court-approved plan of arrangement (the "Transaction"). Pursuant to the Arrangement Agreement, shareholders of Gatling will receive 0.0170627 of one common share of MAG for each Gatling share by way of plan of arrangement under the Business Corporations Act (British Columbia) (the "BCBCA"). This ratio reflects a premium of 49.1%, relative to the Company's last closing price on the TSX Venture Exchange ("TSXV") and a premium of 47.4%, relative to the Company's latest 5-day VWAP of $0.2708/sh.

 

Concurrent with the signing of the Arrangement Agreement and subject to TSXV approval, MAG has agreed to provide a bridge loan of up to $3,000,000 ("Bridge Loan") to Gatling, such Bridge Loan being evidenced by a promissory note and debenture, secured by a general security agreement. The loan will bear interest at a rate of 12% per annum and includes a conversion right whereby MAG may convert all or a portion of the outstanding principal amount and accrued interest into up to 19.9% of Gatling's issued and outstanding shares.