High Purity Silica
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Argyle Resources Reports High Purity Silica Results up to 99.9% SiO2 from 2025 Prospecting Program at Saint Gabriel Project, Quebec
TMX Newsfile· 2026-01-28 11:00
Core Viewpoint - Argyle Resources Corp. has reported promising results from its 2025 prospecting and sampling campaign at the Saint Gabriel Project, indicating high purity silica mineralization with several samples exceeding 99% SiO₂ [1][9]. Group 1: Project Overview - The Saint Gabriel Project is a 100% owned silica exploration property located in Québec's Bas Saint Laurent Region, covering approximately 1,312.90 hectares [11]. - The project is situated about 42 km east of Rimouski and consists of 23 contiguous mining claims accessible via gravel road off Highway QC 234 [11]. Group 2: Sampling Program - A four-day field program was conducted in the fall of 2025, focusing on evaluating silica-bearing outcrops and confirming known high-grade occurrences [2]. - Seventeen grab samples were collected and analyzed, with four samples returning SiO₂ values above 99%, demonstrating high silica purity across multiple areas [6]. Group 3: Results Summary - Notable high-grade samples included a peak value of 99.9% SiO₂ from Sample 6 (quartzite) collected near the Lac Rigo Showing [6][8]. - The newly identified high purity silica zone, located approximately 800 meters west of the Lac Rigo Showing, returned strong results, including 99.2% SiO₂ from Sample 11, 99.5% SiO₂ from Sample 13, and 99.7% SiO₂ from Sample 14 [6][8]. Group 4: Future Plans - Based on the 2025 prospecting program results, the company plans to conduct follow-up work focused on evaluating the two high purity silica zones, including the Lac Rigo Showing area and the newly identified area to the west [14]. - Follow-up activities will include additional field reconnaissance, detailed mapping, and expanded sampling to define the extent and continuity of high purity silica mineralization [14].
Jo-Jo Capital Signs Letter of Intent With Placements Appalache Limitée to Acquire Up to a 100% Interest in the Baie-Johan-Beetz Project
Globenewswire· 2025-05-01 02:29
Core Viewpoint - Jo-Jo Capital Canada Ltd. has entered into a non-binding letter of intent with Placements Appalache Limitée to pursue a business combination transaction, which is expected to result in PAL shareholders holding a majority of Jo-Jo's voting securities [1][2]. Company Overview - Jo-Jo Capital Canada Ltd. is a capital pool company focused on identifying and evaluating qualifying transactions under the policies of the TSX Venture Exchange [13]. - Placements Appalache Limitée has over 50 years of experience in the Canadian silica mining industry and holds exclusive mining rights to high-purity quartz deposits in Baie-Johan-Beetz, Quebec [3][12]. Transaction Details - The transaction will be structured as a reverse takeover, with PAL shareholders exchanging their securities for those of Jo-Jo [5]. - The transaction is anticipated to be completed through an amalgamation, plan of arrangement, or share exchange, subject to regulatory approvals [5][8]. - A private placement financing by PAL is expected to raise between C$3,000,000 and C$6,000,000 prior to or concurrent with the closing of the transaction [5]. Mining Rights and Resources - PAL's high-purity silica deposit spans 54.22 hectares and is located less than 800 meters from the main road, with additional unexplored claims of 383.24 hectares [3]. - High-purity silica is designated as a critical mineral in Canada and is essential for various advanced technologies, including solar panels and semiconductors [4]. Regulatory and Approval Process - Completion of the transaction is subject to conditions including Exchange acceptance, shareholder approval, and satisfactory due diligence investigations [8][10]. - Jo-Jo is required to maintain a minimum bank account balance of $100,000 at closing and may need to retain a sponsor for the transaction [10]. Future Structure - Following the transaction, the board of directors of the resulting issuer will initially consist of three to five directors appointed by PAL [10].