Highlights of the five drill holes that expand the K1 Open Pit Zone: 114 metres of 1.1% CuEq, within 171 metres of 0.98% CuEq 231 metres of 0.74% CuEq, including 126 metres of 0.83% CuEq 79 metres of 0.81% CuEq and 23.5 metres of 0.60% CuEq 25 metres of 0.74% CuEq and 31 metres of 0.55% CuEq and 28 metres of 0.5% CuEq and 56 metres of 0.56% CuEq [...]
Highlights: Curprum owns 100% of the Thierry Copper Project, the largest copper resource in Ontario Cuprum recently raised $1.2M at 12 cents and 15 cents for flow-through Orecap owns 29.5 million shares of Cuprum, valuing its investment at $3.54 million Assays for Thierry's CCM-23-53, -54, -55, 56 and -57 have been commissioned An updated NI 43-101 [...]
Orecap Invest Corp. is pleased to announce that it has received conditional acceptance from the TSX Venture Exchange to conduct a Normal Course Issuer Bid to purchase for cancellation, during the 12-month period starting April 2, 2024, up to 23,316,772 of the outstanding common shares of the Corporation , representing 10% of [...]
HIGHLIGHTS 26 g/t gold over 57m, 1487 gram meters gold from 164m downhole Including 45.7 g/t gold over 32m Mineralization is consistently high grade throughout the reported interval One of the highest-grade gold intersections in Africa in decades A follow-up drill program is scheduled to begin in April, with 25,000 meters planned for 2024 Orecap [...]
Highlights: Orecap maintains 100% interest in the Knight, McGarry and Mirado Properties in and around Kirkland Lake, Ontario. Agnico spent $2.5 million on the Properties but did not meet the threshold to earn any interest. Orecap is looking forward to regaining control of these strategic and well-placed assets and will be evaluating opportunities [...]
Highlights: BBM Target is a new greenfield gold-copper discovery in a completely unexplored area within the Odienné Copper-Gold project, showing: 44m at 1.1 g/t Au and 0.2% Cu, including: 32m @ 1.5 g/t Au, 0.3% Cu and 1.1 g/t Ag from 68 metres 51.9m @ 0.5 g/t Au, 0.27% Cu and 1.5 g/t Ag from 25 metres. 18.25m @ 1.8 g/t Au, 0.3% Cu and 1.4 g/t Ag [...]
Highlights: NAK23-17 intersected 302 m of 1.09% Copper Equivalent within 606 m of 0.74% Copper Equivalent beginning at 99 m downhole. NAK23-17 was collared 250 metres west of NAK23-11 , and more than 250 metres away from any previous hole drilled on the property, extending high-grade mineralization westward. The fully funded 2024 drill program will [...]
Highlights: Mineral Resource in Measured and Indicated Mineral Resources of 2.09 billion lbs of copper equivalent contained in 97.5 million tonnes or 1.75 billion lbs of copper, 845 thousand ounces of gold, 5.5 million ounces of silver Additionally, Inferred Mineral Resources of 157 million lbs of copper equivalent contained in 11.0 million tonnes [...]
Highlights: Three holes, totaling 1,430 metres, will test extensions of the adjacent Delta 1 Project mineralization and new target areas. Hole GLD-23-001 is a vertical hole designed to test the north dipping mineralization from the adjacent Delta 1 property. Hole GLD-23-002 will test a geophysical target at the south end of the Goldie property [...]
Highlights: This is the second equity investment Newmont has made with Awale Financing is announced at a premium to market Awale has drill results pending Awale is about to start a new drill campaign Orecap Invest Corp. is pleased to announce that one of its portfolio investments companies, Awalé Resources Ltd. and Newmont Ventures Limited , a [...]
Orecap Invest Corp. is pleased to announce that it has made an additional investment in Cuprum Corp. , the private company that owns 100% of Thierry Copper Mine , in Pickle Lake, Ontario. In relation to this, Cuprum has completed a Private Placement of $455,500 . The Private Placement was completed on the same terms as Orecap's initial investment [...]
Orecap Invest Corp. is pleased to announce that American Eagle Gold Corp. exercised its option to re-acquire a 20% interest in the NAK copper-gold porphyry project from Orecap. As compensation for the sale of the interest, Orecap will receive $1.5 million in American Eagle shares, increasing its ownership of American Eagle to 10.7% of its [...]