Issue link: http://resourceworld.uberflip.com/i/1078872
12 www.resourceworld.com F E B R U A R Y / M A R C H 2 0 1 9 recently completed PEA, including infill drilling, further metallurgical testing and baseline studies. Indicated resources are 3.835 million tonnes of lithium carbonate equivalent (LCE) contained in 831 million tonnes aver - aging 867 ppm Li and inferred resources of 5.126 million tonnes of LCE contained in 1.12 billion tonnes averaging 860 ppm Li. The deposit remains open at depth. Dajin Resources Corp. [DJI-TSX, DJIFF-OTC] holds a 100% interest in 403 placer claims covering 7,914 acres in the Teels Marsh Valley of Mineral County which are known to contain lithium and boron values and are adjacent to US Borax's first borax mine. Dajin also holds a 100% interest in 145 placer claims covering 2,921 acres in the Alkali Spring valley (also known as Alkali Lake valley) of Esmeralda County 7 miles northeast of Albemarle's Silver Peak lithium brine mine. Dajin has signed a Definitive Agreement for Cypress Development to earn a 50% interest in Dajin's Alkali Spring valley property. The property is located 7.5 miles northeast of the Cypress Clayton Valley lithium project. Ely Gold Royalties Inc. [ELY-TSXV; ELYGF-OTC] is a royalty company that is deriving revenue from its focus on the western US mineral properties. Royalties include fully permitted mines, mines under construction and development projects that are being permitted for mine construction. See page 30 for more details. Emgold Mining Corp. [EMR-TSXV; EGMCF-OTC; EML-FSE] has leased, with option to purchase, a 100% interest in the early stage Marietta gold-silver-cop - per property in the Walker Lane area of western Nevada about 40 miles south of Hawthorne. Exploration plans are being formulated. Also in Nevada, Emgold has the Golden Arrow, Buckskin Rawhide East and the Koegel Rawhide properties. Enertopia Corp. [TOP-CSE; ENRT-OTC] has completed its first drill program at its Clayton Valley lithium project. The drilling program confirms the mineralized lithium claystone assemblage underlies the com - pany's property. All holes will be sent to the ALS lab in Reno for assay with results expected in February. Fiore Gold Ltd. [F-TSXV, FIOGF- OTCQB] has updated the resource estimate for its Pan open-pit mine in White Pine County, following the completion of the 2018 resource expansion drilling program. The updated estimate includes measured and indicated resources of 27.6 million tonnes grading 0.49 g/t gold contain - ing 432,000 ounces of gold and inferred resources of 7.6 million tonnes grading 0.45 g/t gold containing 110,000 ounces of gold. The updated estimate resulted in almost complete replacement of some 19 months of mining depletion in the mea - sured and indicated category, as well as the addition (net of depletion) of about 38,000 gold ounces in the inferred category. First Vanadium Corp. [FVAN- TSXV; FVANF-OTCQX; 1PY-FSE], formerly Cornerstone Metals Inc., is advancing its 100%-optioned, intermediate-stage, Carlin vanadium project in Elko County, North America's largest, and richest primary vanadium deposit. The property hosts an historic inferred resource (2010 SRK) of 28 million tons grading 0.515% V 2 O 5 which the company plans to update to NI 43-101 standards. Preliminary metallurgy showed over 95% vanadium extraction. Near surface (0-60m) mineralization, which is open to expansion, is amenable to open pitting with a strip ratio of under 2.5:1 (waste:ore). Drilling, in 2018, confirmed and improved continuity of grade and thickness. First Vanadium recently reported three highlight intervals that returned 41.15 metres grading 0.84% V 2 O 5 , 38.1 metres of 0.75% V 2 O 5 and 27.43 metres of 0.84% V 2 O 5 . Gold Resource Corp. [GORO-NYSE American] is developing the Isabella Pearl gold project in south-central Nevada's Walker Lane Mineral Belt. The open pit, heap leach project hosts proven and probable reserves of 192,600 oz gold and 1,129,100 oz silver. Capex is expected to be US $30 million with a target date of pro - duction scheduled for June 2019. Gold Standard Ventures Corp. [GSV- TSX, NYSE American] has district scale property positions on both the Carlin Trend and Battle Mountain Trend. Recent drilling at the Dark Star deposit on its 100%-owned/controlled Railroad-Pinion Project in the Carlin Trend has intersected two zones of oxide mineralization: an upper near-surface zone of 18.3 metres of 1.13 g/t gold, including 6.1 metres of 2.96 g/t gold; and a lower zone of 33.5 metres of 2.33 g/t gold, including 15.2 metres of 4.24 g/t gold. Mineralization extends approximately 30 metres below the current resource model and remains open to the west and north. The Dark Star deposit, 2.1 km east of Pinion, has a resource estimate totaling 715,800 oz gold. Hecla Mining Company [HL-MYSE] has three operating mines in Nevada: Fire Creek (gold), Midas (gold-silver), and Hollister (gold). Exploration projects include Monte Cristo (gold), Aurora (gold- silver), and Reef/Maggie Creek/ Hot Springs (gold-silver) that were acquired through the acquisition of Klondex Mines Ltd. Kinross Gold Corp. [K-TSX; KGC- NYSE] owns and operates two open pit gold mines in Nevada: Bald Mountain and Round Mountain. In 2017, gold equivalent production at Bald Mountain was 282,715 oz while Round Mountain produced 436,932 oz AuEq. LiCo Energy Metals Inc. [LIC-TSXV, WCTXF-OTCQB] reports that following positive results from an expanded soil sam - pling program, 71 new placer claims have been added to the its 70%-optioned Black Rock Desert Project in Washoe County. Results from the program showed strongly anomalous results with 88 samples col - lected; 73 of them (83%) containing more than 100 ppm Li. Together the combined grids contain 258 samples of which 239 samples (93%) had values of greater than 100 ppm Li. Maximum values ranged up to 520 ppm Li. McEwen Mining Inc. [MUX-TSX, NYSE] reports that construction is under - way at its 100%-owned Gold Bar Mine 48 km northwest of Eureka. Measured and indicated resources total 822,000 oz gold NEVADA