Argyle Resources Corp. (ARLYF) reports exploration and project updates for a junior mineral exploration company focused on natural resource properties in North America. Its recurring news covers the company's 100%-owned Pilgrim Islands, Matapédia, Lac Comporté and Saint Gabriel quartzite-silica projects in Québec, as well as option activity at the McKay Hill silver-gold property in Yukon.
Company updates typically address permits, diamond drilling, prospecting, sampling, laboratory analysis, silica characterization work, National Instrument 43-101 technical reporting and changes to mineral-property option agreements. Argyle's releases also describe its collaboration with the National Institute of Scientific Research on silica exploration programs and portfolio changes such as the terminated Clay Howells rare earth option.
Argyle Resources Corp. (CSE: ARGL) has appointed Marianne Richer-Lafleche to its board of directors, replacing Binny Jassal. Richer-Lafleche, a lawyer specializing in M&A and corporate governance, brings valuable experience to the company as it focuses on its Quebec-based silica assets. Argyle has also replaced its existing option plan with an Omnibus Equity Incentive Plan, subject to shareholder approval. The company granted 1,500,000 stock options to directors and officers at $0.92 per share, exercisable for five years, and 200,000 restricted share units to a consultant. Argyle has launched a new website at www.argyleresourcescorp.com.