Business
Jazz Announces: Update on Exploration Activity at Vila Nova, Brazil; an Advertising and Investor Awareness Agreement with Investing News Network; and Issuance of Shares to Coltan Gold Minerals Inc.
(TheNewswire) March 3, 2021 - TheNewswire - Vancouver, British Columbia, Cana...
About this update from Jzr Gold Inc.
[{"type":"text","content":"Jazz Announces: Update on Exploration Activity at Vila Nova, Brazil; an Advertising and Investor Awareness Agreement with Investing News Network; and Issuance of Shares to Coltan Gold Minerals Inc.\n \n \n (TheNewswire)\n \n \n \n \n \n March\n3, 2021 - TheNewswire -\n \n \n Vancouver, British Columbia, Canada\n \n \n - Jazz\nResources Inc. (the “\n \n \n Company\n \n \n ” or “\n \n \n JZR\n \n \n ”)\n \n \n (TSXV:JZR)\n \n \n wishes to announce that it\nhas advanced an aggregate of US$1,000,000 to Eco Mining Oil and Gaz\nDrilling and Exploration (EIRELI) (“\n \n \n Eco\n \n \n ”) in connection\nwith the Company’s acquisition form Coltan Gold Minerals Inc.\n(“\n \n \n Coltan\n \n \n ”) of its interest in a joint venture royalty agreement\n(the “\n \n \n JVRA\n \n \n ”) between Coltan and Eco dated July 6, 2020, as amended,\nwith respect to the Vila Nova Gold Project in Amapa, Brazil.  Eco has\nengaged GE21, and independent mineral consulting firm, to undertake an\nexploration program in accordance with the Company’s technical\nreport dated September 22, 2020.  The Company is pleased to announce\nthat GE21 has commenced core drilling and sampling and trenching of\ntailings, and those activities continue on track.  The Company has\nbeen advised that, to date, 1400m of diamond drilling has been\ncompleted.  Core has been split, bagged and submitted for assaying to\nSGS Labs in Belo Horizonte.  An updated report on the Vila Nova\nProject is forthcoming, when available.\n \n \n \n \n \n \n Jazz Resources entered\ninto an agreement with Dig Media Inc., doing business as “Investing\nNews Network” (“\n \n \n INN\n \n \n ”) to implement an advertising and\ninvestor awareness campaign.   INN, a private company based in\nVancouver, British Columbia, with offices in Toronto, San Francisco\nand Perth, Australia, provides multi-platform advertising, promotional\nand media services to private and public companies. The campaign will\ncommence in March 2021 and continue for 12 months.  The Company will\npay INN a cash fee of $36,000, plus applicable taxes. INN currently\nholds 144,000 shares and 144,000 warrants to purchase shares of the\nCompany.\n \n \n \n \n \n \n Further to the\nCompany’s n...