Resource World Magazine

Resource World - June-July 2018 - Vol 16 Issue 4

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J U N E / J U L Y 2 0 1 8 www.resourceworld.com 39 early 2019. In September 2017, Galway issued a resource update on Clarence Stream, prepared by SRK Consulting (US) Inc., which included pit-constrained resources of 352,200 ounces measured and indicated, plus 153,100 ounces inferred, each at 1.9 g/t gold. The underground gold resource contained an additional 37,800 ounces at 4.4 g/t of measured and indi - cated resources, plus 124,100 ounces at 4.5 g/t inferred. Generation Mining Ltd. [GENM- CSE] has acquired a 100% interest in certain mining licences in Hants County, Nova Scotia, known as the Kennetcook property. The 11,040-hectare property has the potential to host large tonnage, economic deposits of carbonate hosted zinc-lead-silver-copper or paleo-placer gold mineralization. Geophysical surveys are planned. Great Atlantic Resources Corp. [GR-TSXV; PH0-FSE] plans to drill its Keymet precious/base metal property near Bathurst, New Brunswick to test the continuation along strike and depth of copper-lead-zinc-silver-bearing veins intersected during 2015 and 2017 drilling programs and continuation of a gold zone discovered during 2017 drilling. GTA Resources and Mining Inc. [GTA- TSXV] holds the Burnt Pond base metal VMS project in Newfoundland where it has completed a 874-metre, three-hole, drill program along strike from Teck's past- producing Duck Pond copper-zinc mine. Inomin Mines Inc. [MINE-TSXV] holds a 100% interest in the King's Point VMS polymetallic (gold-copper-zinc) project in Newfoundland's prolific Green Bay mineral region. The property has just been 100% optioned to Maritime Resources Corp. The claims cover geologi - cal extensions to Maritime's Hammerdown gold deposit. An exploration program is planned. Iron Ore Company of Canada reported total concentrate production from the IOC Project of 20.2 million tonnes in 2017 was 5% higher as compared to 2016 of 19.2 million tonnes, but below the 22 million tonnes objective for 2017. Production of ore from the Wabush 3 pit is on track as planned for July 2018. King's Bay Resources Corp. [KBG- TSXV; KBGCF; KBG1-FSE] reported assays back from Phase 1 drilling on King's Bay's 100%-owned Lynx Lake copper-cobalt project in southeastern Labrador. Hole LL-17-01 returned 0.071% nickel+cobalt over 115.2 metres. Manganese X Energy Corp. [MN-TSXV; SNCGF-OTC; SSM-Lima] has 55 claims covering 1,228 hectares about 5 km northwest of Woodstock, southwest New Brunswick. It encompasses all or parts of five manganese-iron zones includ - ing Iron Ore Hill, Moody Hill, Sharpe Farm, Maple Hill and Wakefield. The company is also conducting metallurgical studies. There are favorable drill results from a 25-hole, 5,100-metre program. The MARITIMES

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