Chilean Metals has received the assay results from two drillholes at the Castlereagh prospect at Bass River in Nova Scotia. Two holes were drilled to test a strong EM conductor at the Castlereagh prospect. Both holes intersected strong sulphide mineralisation in the target zones but in both instances the sulphide assemblage is dominated by [...]
Chilean Metals is pleased to announce that it has been awarded a grant of $52,000 from the Department of Natural Resources of Nova Scotia as part of their Mineral Resource Development Fund grant program. Chilean applied for the funding grant to assist with progressing the Castlereagh and Trident prospects as quickly as possible. The grant consists [...]
Chilean Metals is pleased to announce the assay results from two historic drillholesChilean Metals Inc at the Trident prospect at Bass River in Nova Scotia. Core from two historic holes drilled in 1987 at the Trident prospect was located at the Department of Natural Resources core library at Stellarton. The holes were drilled to test a subcropping [...]
Chilean Metals Inc. The TSX Venture Exchange has not approved the closing of the transaction and the financing is subject to the review and approval of the TSX Venture Exchange. Chilean Metals has closed as of today subscriptions and funds totaling $1,636,390 dollars. Of which, $1,171,590 was received under the $0.12 hard-dollar Unit financing [...]
Chilean Metals Inc. has entered into an option to acquire the Economy East Exploration License which consists of 12 claims. Economy East is located 8km west of our Trident Prospect in the Cobequid Highlands and is considered prospective for IOCG-Cobalt style mineralisation. Click Image To View Full Size In consideration for the Option, the CMX [...]
Chilean Metals has contracted Precision GeoSurveys to conduct detailed Magnetics and Radiometrics surveys over three of the Company properties in the Cobequid Highlands including over the recently acquired Trident Prospect at Bass River. This will be followed by IP surveys over the areas defined by interpretation of the Magnetics and Radiometrics [...]
Chilean Metals has received subscriptions and funds totaling approximately $1.65 million dollars. Approximately $1,185,000 was received under the $0.12 Unit financing which provided investors a share and a share purchase warrant. The warrant and $0.18 will entitle investors to acquire a common share at anytime over the next five years. An [...]
Chilean Metals Inc. "We are very pleased to announce that we have commenced drilling on our Bass River project at the Castlereagh prospect. The target is a large electromagnetic anomaly that was identified first through VTEM and then recently refined by Minotaur Exploration Ltd.'s analysis of the ground Pulse Electro-Magnetic data collected by [...]
Chilean Metals announced today that Mick Sharry has been appointed to the board of directors of Chilean Metals. Mick has over twenty years experience in Australia, Asia, South America and the Caribbean. He has also been involved in detailed project reviews in Europe, Africa and North America. He is an Explorationist with strong technical [...]
Chilean Metals has announced plans to raise additional capital to finance exploration on its Bass River projects and additional projects in Nova Scotia and for general working capital requirements. Chilean will offer both traditional and Flow-through equity. The traditional equity will be offered via the sale of up to 12,500,000 units @ $0.12 per [...]
Chilean Metals has entered into an option with Elk Exploration Ltd. to acquire 3 Licenses containing 720 acres representing the balance of land located within our Bass River concessions as outlined in the photo below. Click Image To View Full Size In consideration for the Option, the CMX shall pay the Optionor as follows: a cash payment of $12,000 [...]
Chilean Metalshas approved a 4:1 rollback of its common stock and intends to apply to the TSXV immediately to approve the consolidation. Under the Company's Articles and the Business Corporations Act, the board of directors may approve a consolidation. The Company presently has 85,675,655 shares outstanding which will consolidate into approximately [...]
