Castillian announces that Ryan Gold has completed its obligations with respect to the acquisition of a 10% interest in Castillian's Hope Brook Gold property by incurring aggregate exploration expenditures on the Property of $2,000,000 by December 31, 2012. Castillian and Ryan Gold will form a joint venture under which Ryan Gold will have a carried [...]
Castillian Resources has completed 5,951 meters of reconnaissance diamond drilling in 21 holes at its Hope Brook Gold Project in southwestern Newfoundland. All of the holes, except two that were lost, intersected the mineralized silicified zones as targeted from geological and geophysical data. The drilling intersected multiple zones of gold [...]
Castillian Resources has entered into an assignment agreement with South American Tin Limited whereby Castillian will assign to SAT Castillian's option to acquire a 100% interest in the Achachucani Gold Project located in southern Bolivia. In consideration for Castillian's interest in the Project, SAT has agreed to pay Castillian US$50,000 in cash [...]
Castillian Resources has completed 3,833 meters of drilling in 12 holes at four of the six major target areas of the 6,000 metre diamond drilling program at its Hope Brook Gold Project in southwestern Newfoundland. Unmined Stope Potential: Hole HB 12-091: 2.14 grams gold per tonne and 0.45% copper over 29.6m core length; including 5.24 g Au/t and [...]
Castillian Resources has filed a National Instrument 43-101 ("NI 43-101") compliant technical report related to its press release issued on October 1, 2012 announcing an updated mineral resource estimate for the Hope Brook Gold Project in southwest Newfoundland. The independent technical report entitled "Updated Mineral Resource Estimate Technical [...]
Castillian has sold its block of 5,000,000 ordinary shares in Kibaran Resources Ltd. for gross proceeds of approximately AUD 540,000. Castillian intends to use these funds for working capital purposes. The Kibaran shares were issued to Castillian in consideration for the sale of the Kagera Nickel Sulphide Project to Kibaran in 2010 (see news [...]
Castillian Resources has started drilling on its Hope Brook Gold Project in southwestern Newfoundland. The 6,000 metre drilling program will test six priority target areas over a 3.4 kilometre mineralized trend between the past producing Hope Brook Mine and the Chetwynd South Prospect. Eighty percent of the planned drilling is outside the current [...]
Castillian Resources is pleased to announce that it has exercised its option and acquired a 100% interest in the Hope Brook Gold property by paying $160,000 in cash and issuing 200,000 common shares of Castillian to the vendors of the Property. Dr. Bill Pearson, President and Chief Executive Officer of Castillian, stated: "We are very pleased to [...]
Castillian Resources entered into an agreement yesterday to grant Ryan Gold Corp. the option to acquire a 10% working interest in the Hope Brook Gold Property located in southwest Newfoundland. Ryan Gold will acquire this working interest after incurring aggregate exploration expenditures on the Property in the amount of $2,000,000 by December 31 [...]
Castillian is pleased to announce an update to its National Instrument 43-101 Mineral Resource estimate for the Hope Brook Gold Project in southwestern Newfoundland which was previously released on February 14, 2012. This update incorporates results from the 4,549 metre, 15 hole, Phase I diamond drilling program. This drilling confirmed major [...]
Castillian Resources is pleased to provide an update on its corporate activities, which have primarily been focused on continuing to advance its flagship Hope Brook Gold Project located in southwestern Newfoundland. In June 2012, Castillian reported the results from its 4,316 metre, 15 hole, Phase I diamond drilling program at Hope Brook. This [...]
Castillian Resources is pleased to report the final results from its 4,316 metre diamond drilling program in 15 holes, which completes the first phase of drilling in the Company's 2012 exploration program at the Hope Brook Gold Project, located in southwestern Newfoundland. These last holes reported in this news release focused on confirming the [...]