Donner Metals Ltd (DONFF) 0.0300 $DONFF
Sphinx Extends Pd+Pt+Au Reef Over 700 m on Its Green Palladium Project and Increases Its Land Position on Its Somanike Project
Marketwired - Thu Aug 06, 7:31AM CDT
Sphinx Resources Ltd. ("Sphinx" or the "Corporation"
(TSX VENTURE: SFX) is pleased to confirm the extension of the stratabound platinum group elements ("PGE" reef over a distance of 719 m following the completion of a 962-metre drilling program on its 100% owned Green Palladium project located in the Pontiac Regional County Municipality of southern Quebec. The mineralized reef, which returned 3.44 g/t Pd+Pt+Au over 40 cm at the main showing area (see press release of June 18, 2015), was intersected in six (6) of the nine (9) holes. Drilling investigated only the top 50 m of the mineralized reef. The drill results are provided in the enclosed Table 1.
SFX.VN: 0.025 (-0.005)
Sphinx Expands Its Position on the Green Palladium Project and Acquires a High Grade Zinc Target
Marketwired - Thu Jun 25, 7:31AM CDT
Sphinx Resources Ltd. ("Sphinx" or the "Corporation" (TSX VENTURE: SFX) announces the execution of a binding letter of agreement to acquire the Calumet Sud project (the "Project" in the Pontiac MRC in southwestern Quebec. The Project is adjacent to its 100% owned Green Palladium project. The acquisition of the Project is made in consideration for an aggregate purchase price of $580,000 (the "Purchase Price" and is subject to the approval by the TSX Venture Exchange and the execution of a definitive agreement at closing (the "Closing". The Purchase Price shall be paid by issuing an aggregate of 6,153,846 common shares of the Corporation to Amixam Resources Inc. ("Amixam", the private company that currently owns the Project. The price per share is $0.13. The schedule for issuing these shares is as follows: (i) 1,384,615 million common shares at Closing, (ii) 1,923,077 common shares on the first anniversary, and (iii) 2,846,154 common shares on the second anniversary. In addition Sphinx will: (i) make cash payments to Amixam totaling $93,000 in reimbursement of expenses spent by Amixam on the Project, and (ii) fund not less than $350,000 in exploration expenditures by the third anniversary. A 2% net smelter return royalty is granted to Amixam. The shares that will be issued to Amixam will be subject to a statutory four-month hold period. No finder's fee will be payable by the Corporation in respect of the transaction.
SFX.VN: 0.025 (-0.005)
Sphinx Intersects a Stratabound PGE Reef Grading 3.44 g/t Pd+Pt+Au Over 0.4 m on Its Green Palladium Project, Quebec
Marketwired - Thu Jun 18, 7:31AM CDT
Sphinx Resources Ltd. ("Sphinx" or the "Corporation" (TSX VENTURE: SFX) is pleased to confirm the presence of significant palladium-platinum-gold-copper mineralization on its Green Palladium project in the Pontiac regional county municipality of southern Quebec. The project is wholly owned by the Corporation. A nine (9) hole program, totaling 962 m, has been completed. Due to their promising character, a few priority samples have been taken in the first hole and in a surface channel sample vertically above the hole. Assay results from these first samples reveal that hole GP-15-01 intersected a stratabound platinum group elements ("PGE" reef which returned 3.44 g/t Pd+Pt+Au over 40 centimetres. It is a metamelanogabbro layer containing about 2% finely disseminated sulphides. This reef is overlain by a 28-cm layer of barren monzonite. Above the monzonite layer,1.29 m of sulphide-mineralized metamelanogabbro and metapyroxenite containing about 10% sulphides in places, returned strongly anomalous palladium values including 0.59 g/t Pd+Pt+Au over 21 centimetres. The table below provides the details of these first results.
SFX.VN: 0.025 (-0.005)
Sphinx Acquires Marbridge High-Grade Nickel-Copper Mine Project From Royal Nickel Corporation
Marketwired - Tue Jun 02, 7:32AM CDT
Sphinx Resources Ltd. ("Sphinx" or the "Corporation" (TSX VENTURE: SFX) is pleased to announce the execution of an arm's length property purchase agreement (the "Agreement" with Royal Nickel Corporation ("RNC" for the purchase of 100% of the Marbridge nickel-copper mine project ("Marbridge". This project comprises eight (
claims and two (2) mining concessions for a total surface area of about 5.8 km2 and is located within the municipality of La Motte just east of the Corporation's Preissac project. Access to Marbridge is very good, and all essential infrastructure is available locally.
SFX.VN: 0.025 (-0.005)
Sphinx Discovers High-Grade Ni-Cu-PGE Mineralization at Preissac and Provides Exploration Update
Marketwired - Thu May 21, 7:31AM CDT
Sphinx Resources Ltd. (TSX VENTURE: SFX) ("Sphinx" or the "Corporation" is pleased to announce that high-grade mineralization has been intersected as part of the diamond drill program performed on the Corporation's wholly owned Preissac nickel-copper-platinum group element ("Ni-Cu-PGE" project located in the Abitibi Region, Central Quebec. Results include the first nickel-bearing sulphide intercept from the project, which returned 1.41% Ni, 0.05% copper, 0.30 g/t palladium and 0.04 g/t platinum over 0.5 m. The high-grade intercept is surrounded by anomalous Ni-Cu-PGE values in sulphides within ultramafic rocks and intermediate lapilli tuffs (see photo at www.sphinxresources.ca). The mineralization remains open in all directions.
SFX.VN: 0.025 (-0.005)
Update on Midland's Activities, Including Identification of a Gold-Bearing QFP on Casault and a Wide Hydrothermal Alteration Zone on Patris
Marketwired - Thu May 21, 7:31AM CDT
Midland Exploration Inc. ("Midland" (TSX VENTURE: MD) is pleased to provide an update on its various ongoing exploration activities across Quebec. Over the past few years, Midland has concluded several partnerships including agreements with Teck Resources Limited ("Teck", SOQUEM INC. ("SOQUEM", Agnico Eagle Mines Limited ("Agnico Eagle", Sphinx Resources Limited ("Sphinx", and Japan Oil, Gas and Metals National Corporation ("JOGMEC".
MD.VN: 0.580 (+0.020), TCK: 7.46 (+0.15)
Sphinx and Its Partners to Drill 4 Projects in Quebec
Marketwired - Wed Jan 28, 7:31AM CST
Sphinx Resources Ltd. ("Sphinx" or the "Corporation" (TSX VENTURE: SFX) provides an update on its projects in Quebec. Since the end of 2013, Sphinx has acquired projects from, and developed partnerships with, Amixam Resources Inc. ("Amixam", Cartier Resources Inc. ("Cartier", Midland Exploration Inc. ("Midland" and Virginia Mines Inc. ("Virginia". During the winter and spring of 2015, the Corporation expects that four (4) drilling programs will commence on:
SFX.VN: 0.025 (-0.005)
Sphinx Acquires Green Palladium Project to Strengthen its Focus on High Grade PGE-Ni-Cu Targets in Quebec
Marketwired - Wed Jan 21, 8:03AM CST
Sphinx Resources Ltd. ("Sphinx" or the "Corporation" (TSX VENTURE: SFX) announces the execution of a binding letter of agreement to acquire the Green Palladium project (the "Project" in the Pontiac MRC, adjacent to the Quebec Abitibi-Temiscamingue region, in consideration for an aggregate purchase price of $1,330,000 (the "Purchase Price". Subject to the approval by the TSX Venture Exchange and the execution of a definitive agreement, Sphinx will satisfy the payment of the Purchase Price by: (i) issuing 4.46 million common shares to Amixam Resources Inc. ("Amixam", the private company who currently owns the Project at price per share of $0.13, as follows: 4.0 million common shares, or 9.9% of the outstanding common shares upon signing of a definitive agreement, and 461,538 common shares on January 20, 2016, and (ii) by Sphinx spending $750,000 in exploration expenditures over the next three (3) years. Upon satisfaction in full of the Purchase Price by Sphinx, a 2% NSR will also be granted to Amixam. Should Sphinx fail to satisfy in full the Purchase Price by January 20, 2018, then Sphinx agreed to transfer back to Amixam the Project, free of any bounds. There will be no cash payments made to Amixam and no finder's fee paid in connection with this transaction.
SFX.VN: 0.025 (-0.005)
Midland and Its Partners Are Starting Over 10,000 Metres of Drilling in the Abitibi
Marketwired - Thu Jan 15, 7:31AM CST
Midland Exploration Inc. ("Midland" (TSX VENTURE: MD) is pleased to provide an update on its various ongoing exploration activities across Quebec. Over the past few years, Midland has concluded several partnerships including agreements with Teck Resources Limited ("Teck", SOQUEM INC. ("SOQUEM", Agnico Eagle Mines Limited ("Agnico Eagle", Sphinx Resources Limited ("Sphinx", and Japan Oil, Gas and Metals National Corporation ("JOGMEC".
MD.VN: 0.580 (+0.020), TCK: 7.46 (+0.15)
Sphinx Defines and Prioritizes New, Untested Drill Targets On Its 100%-Owned Preissac Ni-Cu-PGE Project
Marketwired - Thu Jan 15, 7:31AM CST
Sphinx Resources Ltd. ("Sphinx" or the "Corporation" (TSX VENTURE: SFX) is pleased to report results on the first stage of the exploration program conducted on its 100%-owned Preissac nickel-copper-platinum group elements ("PGE" project located in the Abitibi region of Quebec.
SFX.VN: 0.025 (-0.005)
Sphinx Extends Pd+Pt+Au Reef Over 700 m on Its Green Palladium Project and Increases Its Land Position on Its Somanike Project
Marketwired - Thu Aug 06, 7:31AM CDT
Sphinx Resources Ltd. ("Sphinx" or the "Corporation"
(TSX VENTURE: SFX) is pleased to confirm the extension of the stratabound platinum group elements ("PGE" reef over a distance of 719 m following the completion of a 962-metre drilling program on its 100% owned Green Palladium project located in the Pontiac Regional County Municipality of southern Quebec. The mineralized reef, which returned 3.44 g/t Pd+Pt+Au over 40 cm at the main showing area (see press release of June 18, 2015), was intersected in six (6) of the nine (9) holes. Drilling investigated only the top 50 m of the mineralized reef. The drill results are provided in the enclosed Table 1. SFX.VN: 0.025 (-0.005)
Sphinx Expands Its Position on the Green Palladium Project and Acquires a High Grade Zinc Target
Marketwired - Thu Jun 25, 7:31AM CDT
Sphinx Resources Ltd. ("Sphinx" or the "Corporation"
(TSX VENTURE: SFX) announces the execution of a binding letter of agreement to acquire the Calumet Sud project (the "Project" in the Pontiac MRC in southwestern Quebec. The Project is adjacent to its 100% owned Green Palladium project. The acquisition of the Project is made in consideration for an aggregate purchase price of $580,000 (the "Purchase Price" and is subject to the approval by the TSX Venture Exchange and the execution of a definitive agreement at closing (the "Closing". The Purchase Price shall be paid by issuing an aggregate of 6,153,846 common shares of the Corporation to Amixam Resources Inc. ("Amixam", the private company that currently owns the Project. The price per share is $0.13. The schedule for issuing these shares is as follows: (i) 1,384,615 million common shares at Closing, (ii) 1,923,077 common shares on the first anniversary, and (iii) 2,846,154 common shares on the second anniversary. In addition Sphinx will: (i) make cash payments to Amixam totaling $93,000 in reimbursement of expenses spent by Amixam on the Project, and (ii) fund not less than $350,000 in exploration expenditures by the third anniversary. A 2% net smelter return royalty is granted to Amixam. The shares that will be issued to Amixam will be subject to a statutory four-month hold period. No finder's fee will be payable by the Corporation in respect of the transaction. SFX.VN: 0.025 (-0.005)
Sphinx Intersects a Stratabound PGE Reef Grading 3.44 g/t Pd+Pt+Au Over 0.4 m on Its Green Palladium Project, Quebec
Marketwired - Thu Jun 18, 7:31AM CDT
Sphinx Resources Ltd. ("Sphinx" or the "Corporation"
(TSX VENTURE: SFX) is pleased to confirm the presence of significant palladium-platinum-gold-copper mineralization on its Green Palladium project in the Pontiac regional county municipality of southern Quebec. The project is wholly owned by the Corporation. A nine (9) hole program, totaling 962 m, has been completed. Due to their promising character, a few priority samples have been taken in the first hole and in a surface channel sample vertically above the hole. Assay results from these first samples reveal that hole GP-15-01 intersected a stratabound platinum group elements ("PGE" reef which returned 3.44 g/t Pd+Pt+Au over 40 centimetres. It is a metamelanogabbro layer containing about 2% finely disseminated sulphides. This reef is overlain by a 28-cm layer of barren monzonite. Above the monzonite layer,1.29 m of sulphide-mineralized metamelanogabbro and metapyroxenite containing about 10% sulphides in places, returned strongly anomalous palladium values including 0.59 g/t Pd+Pt+Au over 21 centimetres. The table below provides the details of these first results. SFX.VN: 0.025 (-0.005)
Sphinx Acquires Marbridge High-Grade Nickel-Copper Mine Project From Royal Nickel Corporation
Marketwired - Tue Jun 02, 7:32AM CDT
Sphinx Resources Ltd. ("Sphinx" or the "Corporation"
(TSX VENTURE: SFX) is pleased to announce the execution of an arm's length property purchase agreement (the "Agreement" with Royal Nickel Corporation ("RNC" for the purchase of 100% of the Marbridge nickel-copper mine project ("Marbridge". This project comprises eight ( claims and two (2) mining concessions for a total surface area of about 5.8 km2 and is located within the municipality of La Motte just east of the Corporation's Preissac project. Access to Marbridge is very good, and all essential infrastructure is available locally. SFX.VN: 0.025 (-0.005)
Sphinx Discovers High-Grade Ni-Cu-PGE Mineralization at Preissac and Provides Exploration Update
Marketwired - Thu May 21, 7:31AM CDT
Sphinx Resources Ltd. (TSX VENTURE: SFX) ("Sphinx" or the "Corporation"
is pleased to announce that high-grade mineralization has been intersected as part of the diamond drill program performed on the Corporation's wholly owned Preissac nickel-copper-platinum group element ("Ni-Cu-PGE" project located in the Abitibi Region, Central Quebec. Results include the first nickel-bearing sulphide intercept from the project, which returned 1.41% Ni, 0.05% copper, 0.30 g/t palladium and 0.04 g/t platinum over 0.5 m. The high-grade intercept is surrounded by anomalous Ni-Cu-PGE values in sulphides within ultramafic rocks and intermediate lapilli tuffs (see photo at www.sphinxresources.ca). The mineralization remains open in all directions. SFX.VN: 0.025 (-0.005)
Update on Midland's Activities, Including Identification of a Gold-Bearing QFP on Casault and a Wide Hydrothermal Alteration Zone on Patris
Marketwired - Thu May 21, 7:31AM CDT
Midland Exploration Inc. ("Midland"
(TSX VENTURE: MD) is pleased to provide an update on its various ongoing exploration activities across Quebec. Over the past few years, Midland has concluded several partnerships including agreements with Teck Resources Limited ("Teck", SOQUEM INC. ("SOQUEM", Agnico Eagle Mines Limited ("Agnico Eagle", Sphinx Resources Limited ("Sphinx", and Japan Oil, Gas and Metals National Corporation ("JOGMEC". MD.VN: 0.580 (+0.020), TCK: 7.46 (+0.15)
Sphinx and Its Partners to Drill 4 Projects in Quebec
Marketwired - Wed Jan 28, 7:31AM CST
Sphinx Resources Ltd. ("Sphinx" or the "Corporation"
(TSX VENTURE: SFX) provides an update on its projects in Quebec. Since the end of 2013, Sphinx has acquired projects from, and developed partnerships with, Amixam Resources Inc. ("Amixam", Cartier Resources Inc. ("Cartier", Midland Exploration Inc. ("Midland" and Virginia Mines Inc. ("Virginia". During the winter and spring of 2015, the Corporation expects that four (4) drilling programs will commence on: SFX.VN: 0.025 (-0.005)
Sphinx Acquires Green Palladium Project to Strengthen its Focus on High Grade PGE-Ni-Cu Targets in Quebec
Marketwired - Wed Jan 21, 8:03AM CST
Sphinx Resources Ltd. ("Sphinx" or the "Corporation"
(TSX VENTURE: SFX) announces the execution of a binding letter of agreement to acquire the Green Palladium project (the "Project" in the Pontiac MRC, adjacent to the Quebec Abitibi-Temiscamingue region, in consideration for an aggregate purchase price of $1,330,000 (the "Purchase Price". Subject to the approval by the TSX Venture Exchange and the execution of a definitive agreement, Sphinx will satisfy the payment of the Purchase Price by: (i) issuing 4.46 million common shares to Amixam Resources Inc. ("Amixam", the private company who currently owns the Project at price per share of $0.13, as follows: 4.0 million common shares, or 9.9% of the outstanding common shares upon signing of a definitive agreement, and 461,538 common shares on January 20, 2016, and (ii) by Sphinx spending $750,000 in exploration expenditures over the next three (3) years. Upon satisfaction in full of the Purchase Price by Sphinx, a 2% NSR will also be granted to Amixam. Should Sphinx fail to satisfy in full the Purchase Price by January 20, 2018, then Sphinx agreed to transfer back to Amixam the Project, free of any bounds. There will be no cash payments made to Amixam and no finder's fee paid in connection with this transaction. SFX.VN: 0.025 (-0.005)
Midland and Its Partners Are Starting Over 10,000 Metres of Drilling in the Abitibi
Marketwired - Thu Jan 15, 7:31AM CST
Midland Exploration Inc. ("Midland"
(TSX VENTURE: MD) is pleased to provide an update on its various ongoing exploration activities across Quebec. Over the past few years, Midland has concluded several partnerships including agreements with Teck Resources Limited ("Teck", SOQUEM INC. ("SOQUEM", Agnico Eagle Mines Limited ("Agnico Eagle", Sphinx Resources Limited ("Sphinx", and Japan Oil, Gas and Metals National Corporation ("JOGMEC". MD.VN: 0.580 (+0.020), TCK: 7.46 (+0.15)
Sphinx Defines and Prioritizes New, Untested Drill Targets On Its 100%-Owned Preissac Ni-Cu-PGE Project
Marketwired - Thu Jan 15, 7:31AM CST
Sphinx Resources Ltd. ("Sphinx" or the "Corporation"
(TSX VENTURE: SFX) is pleased to report results on the first stage of the exploration program conducted on its 100%-owned Preissac nickel-copper-platinum group elements ("PGE" project located in the Abitibi region of Quebec. SFX.VN: 0.025 (-0.005)
