ION Energy Limited (TSXV: ION; FRA: 5YB) reports a new lithium discovery from its Baavhai Uul Lithium Salar project in southeastern Mongolia. Geologists have christened the new discovery the White Wolf Prospect. A total of 222 auger holes with a total length of 1304.5 meters have been drilled. To date, only 12.5% of the drill results have been delivered.

The latest results from the past drill season at the Gabbs copper-gold project in Nevada once again exceed historically measured values and support the thesis that previous drilling has systematically underestimated the thickness and grade of gold-copper mineralization at Gabbs. That's the bottom line from the last eleven drill holes drilled on the Sullivan section, the results of which P2 Gold Inc. (TSX-V:PGLD; FRA:4Z9) has now released. This drilling has also extended the mineralization to the south.

Back in August, there were indications that Group Ten Metals Inc. (TSX-V: PGE, FSE: 5D32) would enter into an agreement with Heritage Mining Ltd. to advance the Black Lake Drayton (“BLD”) gold project in the Canadian province of Ontario. The letter of intent at that time has since been converted into a legally binding definitive agreement.

Element 29 Resources Inc. (TSX-V: ECU; FRA: 2IK) may begin exploration on its second highly prospective copper project, Flor de Cobre, in southern Peru (Figure 1). The Company announced today that the Ministry of Energy and Mines of Peru ("MINEM") has granted the appropriate permit. This will allow Element 29 to commence a drilling program at Flor de Cobre similar to its Elida copper project which will complete its current drill program in a few weeks.

Granite Creek Copper Limited's (TSXV: GCX, FSE: GRK) Carmacks copper-gold-silver project is located in the Minto Copper Belt, south of the namesake Minto mine which restarted commercial production in 2019. However, it was being operated by a private company until this month when, through a labyrinth of corporate restructuring, a go public transaction and concurrent financing was completed. Minto Mining commences trading as a Tier One mining issuer on the Toronto Venture Exchange (symbol: MNTO) on November 29th, with Pembridge Resources holding a 10% position. Does this have any impact on Granite Creek Copper? In the short term, no, apart from a potential valuation benchmark given that Minto Mining will have a clearly defined and public market cap. In the medium to long term, it may.

Denver-based activist hedge fund, Crescat Capital, made its first investment this summer in Finlay Minerals Ltd. (TSXV: FYL; FRA: FIG) on the recommendation of its advisor Dr. Quinton Hennigh and immediately contributed the lion's share of a CAD $2.64 million financing at $0.09 CAD. Crescat now owns just under ten percent of the company, with private investor and founder of Finlay Minerals, John Barakso, owning another 41.3 percent.

Pond Technologies Holdings Inc. (TSXV: POND;FRA: 4OO) succeeded in increasing revenue by 70% in Q3 2021 compared to Q3 2020, reducing operating loss and improving margin. In addition, there were key licensing and supply agreements with well-known customers or partners, including the important third-party validation of the technology.