Margaux Resources Announces Closing of First Tranche of Non-Brokered Private Placement of Flow-Through Shares and Units
Calgary, Alberta--(Newsfile Corp. - August 15, 2018) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce that further to its press release dated July 23, 2018 and subject to receiving final regulatory approvals, it has closed the first tranche of its previously announced non-brokered private placement (the "Offering") by issuing:1,486,020 common shares ("Common Shares") of the Company issued on a "CEE flow-through" basis pursuant to the Income Tax Act (Canada) ("Flow-Through Shares") at...
2018-08-15 5:55 PM EDT
Margaux Resources Ltd. Announces Drilling Update; Non-Brokered Private Placement of Flow-Through Shares and Units; Change to Board of Directors; and Granting of Stock Options
Calgary, Alberta--(Newsfile Corp. - July 23, 2018) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce that it has commenced drilling on the Company's Sheep Creek Gold District and, subject to TSX Venture Exchange approval, it intends to issue, pursuant to a non-brokered private placement, up to:833,333 units ("Units") of the Company at a price of $0.18 per Unit; and 3,260,869 common shares ("Common Shares") of the Company issued on a "CEE flow-through"...
2018-07-23 8:50 AM EDT
Margaux Resources Ltd. Commences 2018 Drill Program; Initiates Testing of Sheep Creek Gold District Mine Dumps for Gold Recovery; Provides Update on Tungsten Tailings
Calgary, Alberta--(Newsfile Corp. - June 6, 2018) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce it has commenced its 2018 drill program; has initiated testing of Sheep Creek Gold District historic mine dumps for potential gold recovery; and provides an update on the Company's tungsten tailings metal recovery and remediation initiative.Highlights2018 drill program has commenced.Testing of Reno and Nugget mine dumps initiated (Sheep Creek Gold District) for gold recovery potential.Tungsten tailings testing...
2018-06-06 8:45 AM EDT
Margaux Resources Ltd. Provides 2018 Update on the Sheep Creek Gold District; 6,000 m of Diamond Drilling Planned to Test Gold Targets
Calgary, Alberta--(Newsfile Corp. - May 21, 2018) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to provide an update on the 2018 work program for the Company's Sheep Creek Gold District, in southeastern BC. Approximately 6,000 m of diamond drilling is planned (25 holes) to test gold targets within the Sheep Creek Gold District in 2018; drilling is expected to commence in June.Key Highlights6,000 m of diamond drilling to test gold targets to commence...
2018-05-21 8:45 AM EDT
Margaux Resources Ltd. to Commence Exploration of Its Wilson Creek Property, Part of the Kootenay Arc Zinc District
Calgary, Alberta--(Newsfile Corp. - May 7, 2018) - Margaux Resources Ltd. (TSXV :MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is preparing for exploration work on its Wilson Creek property, part of the Company's Kootenay Arc Zinc District in southern B.C.Key HighlightsExploration to target Sedex-style zinc mineralization on the Wilson Creek propertyStrong zinc soil anomaly, approximately 2,500 m x 600 m in size; andSoil anomaly defined by zinc values 1,000 ppm to a maximum of 9,000 ppm zinc.The Wilson Creek...
2018-05-07 8:45 AM EDT
Margaux Resources Ltd. to Commence Ground-Based Geophysical Survey on its Kootenay Arc Zinc District
Calgary, Alberta--(Newsfile Corp. - April 23, 2018) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is commencing a ground-based geophysical survey (both VLF and Magnetic) on the Company's Kootenay Arc Zinc District in southern B.C. The 17-line kilometer survey will better characterize a near mine conductive horizon, as identified from a 2009 airborne HeliGEOTEM survey, for subsequent drill testing.The horizon of interest is 750 m in length and located less than one kilometer from the Company's...
2018-04-23 8:50 AM EDT
Margaux Resources Ltd. Provides 2017 Exploration Activities Highlights on its Sheep Creek Gold District and Kootenay Arc Zinc District; Attendance at PDAC 2018
Calgary, Alberta--(Newsfile Corp. - March 5, 2018) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB:MARFF) ("Margaux" or the "Company") is pleased to provide highlights of its 2017 exploration activities on its southern British Columbia ("BC") Sheep Creek Gold District and Kootenay Arc Zinc District. A new video which summarizes the 2017 work program is available at the following link, (https://youtu.be/Qg2gZF8Z2LE), and is posted on the Company's website, www.margauxresources.com.Funding is in place for Margaux's 2018 exploration program, which will focus primarily...
2018-03-05 8:44 AM EST
Margaux Resources Ltd. Advances Exploration Strategy; Completes Two Important Consolidations of Contiguous Lands, Projects and Mineral Tenures; Announces Amendment to Jersey Emerald Option Agreement
Calgary, Alberta--(Newsfile Corp. - February 27, 2018) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to report that it has completed two significant consolidations of lands, projects and mineral tenures, to establish the Margaux Sheep Creek Gold District, and the Margaux Kootenay Arc Zinc District (collectively the "Districts").The Sheep Creek Gold District and Kootenay Arc Zinc District are adjoining Margaux projects, which together cover over 24,000 hectares of mineral tenure.For the first time ever,...
2018-02-27 8:55 AM EST
Margaux Resources Ltd. Submits Application for Regulatory Approval of Jersey-Emerald Tungsten Tailings Bulk Sample; Announces Appointment of New CFO
Calgary, Alberta--(Newsfile Corp. - February 7, 2018) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to report that it has submitted a joint application to the British Columbia Ministry of Energy, Mines & Petroleum Resources, and the Ministry of Environment & Climate Change Strategy, for a Permit under the BC Mines Act to undertake a Bulk Sample of up to 10,000 tonnes of historic tailings from the historic Jersey-Emerald mine ("Bulk Sample"), in southeastern...
2018-02-07 8:55 AM EST
Margaux Resources Announces Financing Increase and Closing of $3.25 Million Non-Brokered Private Placement of Flow-Through Shares and Units
Calgary, Alberta--(Newsfile Corp. - December 22, 2017) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce that the Company received in excess of the previously announced $3 million non-brokered private placement (please see press releases dated November 2, December 7 and December 14, 2017), and subject to receiving final regulatory approvals, has increased and closed the second tranche of the non-brokered private placement (the "Offering") by issuing:1,377,600 units ("Units") of the Company at...
2017-12-22 4:25 PM EST
Margaux Resources Announces Extension for Completion of its Non-Brokered Private Placement of Flow-Through Shares and Units
Calgary, Alberta--(Newsfile Corp. - December 14, 2017) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") announces it has been granted an extension of its previously-announced non-brokered private placement for aggregate gross proceeds of up to $3 million (the "Offering") until December 22, 2017. Additional details regarding the Offering can be found in the Company's news release dated November 2, 2017 and December 7, 2017. Subject to final TSX Venture Exchange approvals, the allocation of...
2017-12-14 1:35 PM EST
Margaux Resources Announces Significant Expansion of its Kootenay Arc Project Holdings, Plus High-Grade Gold Grab Sample Results from Sheep Creek and Bayonne
Calgary, Alberta--(Newsfile Corp. - December 12, 2017) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce that it has acquired additional claims to expand the Company's Kootenay Arc project holdings in southeastern British Columbia. In addition, the Company has received high-grade gold grab sample results from the Sheep Creek and Bayonne properties.Key Highlights1,670 hectares of newly acquired mineral claims; orogenic gold mineralization favourable area High-grade gold sample at Sheep Creek including up to...
2017-12-12 8:52 AM EST
Margaux Resources Announces Closing of First Tranche of Non-Brokered Private Placement of Flow-Through Shares and Units
Calgary, Alberta--(Newsfile Corp. - December 7, 2017) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce that further to its press release dated November 2, 2017 and subject to receiving final regulatory approvals, it has closed the first tranche of its previously announced non-brokered private placement (the "Offering") by issuing:4,399,999 units ("Units") of the Company at a price of $0.30 per Unit; and1,134,943 common shares ("Common Shares") of the Company issued on a...
2017-12-07 1:13 PM EST
Margaux Resources Announces All Results from 2017 Jackpot Drill Program Including High Grade Zinc and Broad, Near-Surface Mineralization
Calgary, Alberta--(Newsfile Corp. - December 5, 2017) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce it has received all the drill results from Company's 2017 drill program on the Jackpot zinc property, part of the Company's Kootenay Arc project in southern B.C.Key Highlights from the Jackpot drill program include:8.8 m grading 7.13% zinc, 0.93% lead and 8.4 g/t silver (Jackpot East)8.5 m grading 6.66% zinc, 0.70% lead and 6.5 g/t silver (Jackpot...
2017-12-05 5:30 AM EST
Margaux Resources Confirms High-Grade Gold in Bayonne Main and A Veins, as Part of its 2017 Bayonne Drill Program
Calgary, Alberta--(Newsfile Corp. - November 28, 2017) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce it has received final results from its fall 2017 diamond drill program on the Bayonne gold property, part of the Company's larger Kootenay Arc project in southern B.C.Key Highlights Drilling confirmed high-grade gold in Bayonne Main and A veins, below the limit of historic mining, including 15.31 g/t gold over 1.85m and 12.7 g/t...
2017-11-28 8:30 AM EST
Margaux Resources Announces High Grade Zinc Mineralization from Jackpot East and Further Broad Mineralization from Lerwick Zone, as Part of its Jackpot Drill Program
Calgary, Alberta--(Newsfile Corp. - November 8, 2017) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") has received further results from the Company's recent drill program on the Jackpot zinc property, part of the Company's Kootenay Arc project in southern B.C., showing high grade zinc mineralization from the Jackpot East zone, as well as a further broad interval of low grade mineralization at the Lerwick zone.Key Highlights8.5 m grading 6.66% zinc, 0.7% lead and 6.51 g/t silver...
2017-11-08 10:34 AM EST
Margaux Resources Announces Non-Brokered Private Placement of Flow-Through Shares and Units
Calgary, Alberta--(Newsfile Corp. - November 2, 2017) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce that, subject to TSX Venture Exchange approval it intends to issue, pursuant to a non-brokered private placement, up to:8,334,000 units ("Units") of the Company at a price of $0.30 per Unit; and 1,389,000 common shares ("Common Shares") of the Company issued on a "CEE flow-through" basis pursuant to the Income Tax Act (Canada) ("Flow-Through Shares") at a...
2017-11-02 5:00 PM EDT
Margaux Resources Announces Broad Near-Surface Zinc Mineralization from its Jackpot Drill Program
Calgary, Alberta--(Newsfile Corp. - October 25, 2017) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") has received initial results from drilling showing broad intervals of zinc mineralization on the Jackpot zinc property, part of the Company's Kootenay Arc project in southern B.C.Key Highlights● Broad Near-surface zinc mineralization intersected in drilling from two target zones;
2017-10-25 8:00 AM EDT
Margaux Resources' Bayonne Drill Results Confirm Good Gold Grades and Viable Vein Widths Below Historic Workings
Calgary, Alberta--(Newsfile Corp. - October 24, 2017) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce partial results from the recently completed diamond drill program on the Bayonne gold property, part of the Company's Kootenay Arc project in southern B.C. Key Highlights● 18.2 g/t gold intercept from first ever drilling on Maggie Aikens vein.
2017-10-24 8:30 AM EDT
Margaux Resources Announces Large Gold Soil Anomaly at Sheep Creek and Rig Mobilization to the Sheep Creek Property Following Completion of Drilling at Bayonne
Calgary, Alberta--(Newsfile Corp. - October 4, 2017) - Margaux Resources Ltd. (TSXV: MRL) (OTCQB: MARFF) ("Margaux" or the "Company") is pleased to announce a large gold soil anomaly at Sheep Creek, as well as provide an update on its 2017 drill program on its Kootenay Arc properties in southeastern British Columbia.Key Highlights48 soil samples taken within anomaly zone, results include a maximum of 13.5 g/t gold and an average of 2.95 g/t gold.Thirteen holes totalling 2,089 m drilled on the...
2017-10-04 9:48 AM EDT