Canuc Resources Corporation: Canuc Welcomes Peter MacKay as a Special Advisor to the Company
Canuc or the
Company ) (TSXV: CDA) (OTCQB: CNUCF) is pleased to welcome the Honourable Peter MacKay as a special advisor to the Company.
Peter MacKay PC, QC (Privy Council and Queen s Counsel) is currently serving as a strategic advisor to both Deloitte Canada and McInnes Cooper LLP. He is a former Crown Prosecutor and has served as Canada s Federal Minister of Justice (Attorney General). Mr. MacKay s practice focuses on government enforcement proceedings and compliance matters, and he has provided strategic advice to Canadian companies doing business globally as well as to international companies doing business in Canada.
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TORONTO, Dec. 16, 2020 (GLOBE NEWSWIRE)
Alamos Gold Inc. (Alamos) has released its first
Economic Benefits Assessment of the Island Gold Mine report, which provides an overview of the mine s economic value and community benefits in the region. Results show that the growing number of full-time jobs and training opportunities has positioned the mine to become an economic engine for the future of the region, including positively impacting the closest town of Dubreuilville. This trend will continue as a result of Alamos recent $684 million investment to expand the operations at the Island Gold underground mine, including constructing a new shaft, expected to be completed in 2025. This expansion will double the mine life and allow it to continue operating until at least 2035.
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1 True widths are difficult to estimate at this early stage of exploration. Intervals presented here are calculated for each interval based on current geological interpretation of the mineralized zones. Presently the mineralized structures are interpreted as being sub-vertical though this interpretation will be revised as additional data are generated. Oriented core is being drilled at El Rubi to assist in better estimation of vein attitudes.
Twelve holes in the reported batch were drilled in the El Rubi area. Six of those, LV20-248, 249, 250, 252, 254 and 256 are located between 150m and 700m north of any previous drilling along the El Rubi trend and are to be considered reconnaissance in nature. These holes represent aggressive northward step outs along the projected trace of El Rubi structure. LV20-248 and 256 encountered anomalous results. Previously unidentified cross faulting may have offset the structure targeted in the other holes. Additional mapping and sampling,
Previous exploration had identified high grade gold-bearing quartz veins at the Boundary target.
Airborne ZTEM, ground based CSAMT surveys, mapping, prospecting, and geochemical sampling was completed at the Boundary target on the East Pogo block; a strong target for planned 2021 drilling was delineated.
The claim block was extended eastward to cover interesting geophysical features.
Eagle Block:
Prior exploration by others had identified intrusion-hosted disseminated gold mineralization; there is demonstrated potential for deposits of similar nature to the Fort Knox Mine located near Fairbanks, Alaska.
High resolution airborne magnetic surveys were carried out and used to develop exploration plans.
A 22-kilometer access trail was constructed leading south from the Pogo Mine road.
TOCVAN Ventures (CSE:TOC) has launched its campaign on the Investing News Network.
TOCVAN Ventures (CSE:TOC) has launched its campaign on the Investing News Network. The company’s key projects under development are the Pilar gold project in the gold-producing region of Sonora, Mexico and the Rodgers Creek project in the Lillooet Mining District in southwest British Columbia.
TOCVAN CEO Derek Wood says that Director Mark Smethurst analyzed close to 150 projects from early-stage companies that have excellent property assets, but lack sufficient funding and investment. The Pilar gold project in Sonora, Mexico was selected. Smethurst said, “The Pilar property has the right features and system to allow for great potential in defining a multimillion-ounce property.”