Nippon Dragon is pleased to announce that it has signed a project acquisition agreement dated August 30, 2021 with Orminex Limited for the acquisition by Orminex of Nippon Dragon's interest in the Rocmec 1 and Denain projects . In consideration for the sale of the Projects, Orminex will pay a cash consideration of CAD$5,000,000 , payable in three [...]
Nippon Dragon Resources Inc. is extremely pleased to welcome Mr. Kensaku KunJak Onoda-Song to its Board of Directors. Mr. Onoda-Song has extensive experience in international business working with clients and partners around the globe as a successful consultant and advisor and board member of several businesses. Over the past 5 years he assisted [...]
Nippon Dragon Resources's Management and Board of Directors announces that while the company is pursuing various funding options, and in order to preserve cash on hand, it has been decided to temporarily suspend its exploration activities at Rocmec 1. Over the past months Nippon conducted grassroots exploration to determine the existence, location [...]
Nippon Dragon Resources Inc. is pleased to report that in 2021 the company has begun transforming its flagship gold property Rocmec 1 into a dynamic mine through investments in exploration, development, infrastructure and equipment. Below are some highlights of recent accomplishments: --In January 2021 Nippon produced 1,000 tonnes of mineralised [...]
Nippon Dragon Resources Inc. reports that Mr. Donald Brisebois has initiated a lawsuit against Nippon Dragon Resources for wrongful dismissal and unpaid wages. He is also demanding that the Court issue a sublicense to him allowing him to use a technology which he claims was developed by him in the early 2000s. Nippon Dragon denies the merits of the [...]
Nippon Dragon Resources Inc. announces that subsequent to the resignation of board member Mr. Donald Brisebois, Nippon is extremely pleased to welcome Mr. Frank Guillemette to its Board of Directors. Mr. Guillemette is an entrepreneur specializing in business finance and venture capital with over 20 years’ experience. Mr. Guillemette launched his [...]
Nippon Dragon Resources Inc. is pleased to announce that further to its press releases dated December 18, 2019 and December 23, 2020, it has closed the final tranche of its previously announced non-brokered private placement. Pursuant to this final closing, the Company raised a total of $325,000 from the issuance of 4,500,000 FT Units of the [...]
Nippon Dragon Resources announces that it closed the first tranche of its previously announced non-brokered private placement through the issuance of 7,140,000 Hard Dollar Units at the price of 0.05 per Unit and 24,840,000 Flow-Through Units at the price of 0.05 per FT Unit for the total of gross proceeds of $1,599,000.00. Each HD Unit is comprised [...]
Nippon Dragon Resources Inc. is pleased announce that Nippon Dragon Resources Inc. and Material Japan Inc. have reached an agreement to amend their Joint-Venture Agreement . Reference is made to the JV entered into by the Parties dated March 15th, 2019 as amended on August 1st, 2019 and together with the JV. The Parties have agreed to proceed with [...]
Nippon Dragon Resources Inc. is pleased announce that current independent board member Mr. Nikola Vukovic has been appointed Chief Operating Officer, a new position within Nippon. Effective immediately, Mr. Vukovic will assume all operational responsibilities for Nippon’s flagship gold property Rocmec 1. With 30 years in the mining industry, Mr [...]
Nippon Dragon Resources's Board of Directors announces the departure of the company's President & CEO Mr. Donald Brisebois, effective immediately. The Board thanks Mr. Brisebois for his services and wishes him well in his future endeavours. The Board also announces that it has nominated Mr. Jean-Yves Therien as interim President & CEO. About Nippon [...]
Nippon Dragon Resources Inc. is pleased to provide a progress report as it moves forward with the development of the Rocmec 1 gold mine. Highlights include: Thermal fragmentation operations have begun on the Talus vein; Development of a raise and a sub-level on level 39 within the Talus mineralized structure starting from level 50; Development of 2 [...]
