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Triple One Metals Inc C.TONE

Triple One Metals Inc. is a Canada-based resource exploration company. The Company invests in a portfolio of gold and critical metal projects in mining and mineral-rich Newfoundland. The Company has a 100% interest in 53 claims under two mineral exploration licenses (Caledonia Brooks Properties) located in Newfoundland. Caledonia Brooks Properties are subject to a net smelter returns royalty (NSR) of 1.5% of net smelter returns royalty.


CSE:TONE - Post by User

Post by Roddiggition Oct 21, 2022 10:50am
677 Views
Post# 35038772

MLK October 2022 Update

MLK October 2022 Update
New update on the CSE for MLK that came out yesterday:
 
https://webfiles.thecse.com/2022_09_30_CNSX_Form_7_MLK_September_2022.pdf?Sd8Xk4Daf7oHic6nYKvDub3ZB.cmTXLw
 
MLK Gold Ltd. (“MLK” of the “Company”) carried out field exploration at itsHighway 360 Lithium project in southern Newfoundland. Numerous pegmatite dikes were observed on the east end of the property with some pegmatites being up to 1.5 metres wide and containing coarse grained quartz and feldspar crystals up to 30 cm in length. There is still over 90% of the property left to explore. 
 
The Company also carried out field exploration on its Manuels epithermal Gold Project in the Avalon Peninsula of Newfoundland. Executives from MLK Gold met with the planning committee from the Town of Conception Bay South to discuss upcoming plans for the project. The meeting was also attended by three representatives from the Newfoundland Department of Industry, Energy, and Technology who discussed general aspects of exploration and mining as applied under the Mineral Act and the Mining Act. Executives also researched drone geophysics and satellite seismic technology to assist on all its properties.
 
Management started work on preparation of the Q3 filing documents. The Company issued a news release that it was extending the last round of its warrants due to the delayed listing on the CSE. 
 
Two assessment reports were finalized and submitted to the Newfoundland government.
 
Management pursued several avenues for financing its projects including JV and option arrangements. 
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