Morro Bay Resources announces that it is arranging a non-brokered private placement of 2,000,000 to 30,000,000 units. Each unit will be comprised of one common share of the Company and one common share purchase warrant. Subject to regulatory approval, the units will be offered at a price of $0.05 per unit for gross proceeds of between $100,000 to [...]
Morro Bay announces that Mr. Elmer Stewart has resigned from the Board of Directors of Morro Bay, with the resignation taking effect as of March 31, 2015. Mr. Stewart is resigning his position for personal and business reasons. John Zang, President and Chief Executive Officer stated "We would like to sincerely thank Elmer for his time and [...]
Morro Bay Resources announces the option on the Peñoles Project under the Option Agreement between Morro Bay and Riverside Resources Ltd. has been extended from March 31, 2015 to May 1, 2015. As one of the conditions to acquire a 51% interest in the Peñoles Project (see the January 20, 2015 press release), the Company needs to make [...]
Calgary, Alberta (FSCwire) - Morro Bay Resources Ltd. (TSX-V: MRB) (“Morro Bay“ or the “Company“) a gold and silver exploration company targeting historic mining districts in the prolific Durango Silver belt, today announced it has engaged CHF Investor Relations, (“CHF”) a highly regarded Canadian investor relations firm headquartered in Toronto [...]
Morro Bay Resources and Riverside Resources are pleased to report a project-first, independent resource estimate for the Jesus Maria Silver Zone and the El Capitan Gold Zone which represent two of the known mineralized zones at Peñoles. The Peñoles Project is easily accessible and lies within the Durango Silver Belt, which is one of the most developed and low-cost mining regions in Mexico. Based on the current drill hole data, the Jesus Maria and El Capitan deposits form relatively continuous zones of mineralization that are poten... [...]
Calgary, Alberta (FSCwire) - Morro Bay Resources Ltd. (“Morro Bay” or the “Company”) (TSX-V: MRB) announces it has filed its Q1, 2015 consolidated condensed interim financial statements (“Financial Statements”) and the related management’s discussion and analysis of those financial statements (“MD&A”). Copies of the Financial Statements and MD&A [...]
Calgary, Alberta (FSCwire) - Morro Bay Resources Ltd. (“Morro Bay” or the “Company”) (TSX-V: MRB) announces it has filed its audited financial statements for the year ended September 30, 2014 (“Financial Statements”) and the related management’s discussion and analysis of those financial statements (“MD&A”). Copies of the Financial Statements and [...]
Calgary, Alberta (FSCwire) - Morro Bay Resources Ltd. (“Morro Bay” or the “Company”) (TSX-V: MRB) announces that the terms for the option on the Peñoles Project between Morro Bay and Riverside Resources Ltd. ("Riverside") have been amended and the option exercise date extended to March 31, 2015. John Zang, CEO of Morro Bay stated "recent drilling [...]
Calgary, Alberta (FSCwire) - Further to the News Release dated January 12, 2015 Morro Bay Resources Ltd. (“Morro Bay” or the “Company”) (TSX-V: MRB) is pleased to announce the Company and Riverside Resources Inc. (“Riverside”) have agreed in principle to terms for an amendment to the option on the Peñoles Gold-Silver Project located in the Peñoles [...]
Calgary, Alberta (FSCwire) - Further to the News Release dated January 2, 2015, Morro Bay Resources Ltd. (“Morro Bay” or the “Company”) (TSX-V: MRB) announces the option on the Peñoles Project under the Option Agreement between Morro Bay and Riverside Resources Ltd. ("Riverside") has been further extended to January 16, 2015. John Zang, CEO of [...]
Calgary, Alberta (FSCwire) - Morro Bay Resources Ltd. (“Morro Bay” or the “Company”) (TSX-V: MRB) announces the option on the Peñoles Project under the Option Agreement between Morro Bay and Riverside Resources Ltd. ("Riverside") has been extended from December 31, 20014 to January 9, 2015. The extension has been granted by Riverside so that new [...]
Calgary, Alberta (FSCwire) - Morro Bay Resources Ltd. (“Morro Bay” or the “Company”) (TSX-V: MRB), is pleased to announce drill results from the San Rafael historic mine area (“San Rafael”) at the Peñoles Project (the “Project”) in Durango, Mexico. This most recent round of drilling (5 holes) focused on a previously untested target located [...]
