Parallel Mining Corp. congratulates Bob Sibthorpe, VP, Exploration, on receiving the prestigious Colin Spence Award for excellence in global mineral exploration from the Association for Mineral Exploration British Columbia . AME BC's Colin Spence award recognizes individuals who have made a significant contribution to enhance mineral resources [...]
Parallel Mining announces the commencement of drilling on the Company's optioned Sebe property in Burkina Faso. The Company has contracted Falcon Drilling Burkina Faso, S.A.R.L. to conduct approximately 1000 meters of diamond drilling intended to test the strike and dip extension of the veining systems which host the previously announced intercepts [...]
Parallel Mining announces that drilling designed to follow up on the recently reported intercept of 10.2 gpt gold over 4.5 m at the optioned Sebe exploration permit has returned an intercept of 20.2 gpt gold over 2.3 m in SEB17DD-007 from 29.5 m to 31.8 m. SEBDD17-008, drilled directly beneath this hole, returned 7.1 gpt gold over 5.6 m from 79.4 m [...]
Parallel Mining announces the commencement of drilling on the Company's optioned Sebe property in Burkina Faso. The Company has contracted Falcon Drilling Burkina Faso, S.A.R.L. to conduct a diamond drilling program intended to follow up on the previously announced intercepts of 10.2 grams per tonne gold over 4.5 meters and 2.2 gpt over 18 meters [...]
Parallel Mining announces a non-brokered private placement of 10,000,000 units at a price of $0.05 per Unit. Each Unit will consist of one common share in the capital of the Company and one transferable Common Share purchase warrant. Each Warrant will entitle the holder to purchase one additional Common Share of the Company for a period of thirty [...]
Parallel Mining is pleased to announce that it has entered into an agreement to acquire an option to earn a 100% interest in a 165.74 km2 exploration permit in a highly prospective greenstone gold belt located in Burkina Faso, West Africa. The Garsay permit is located in the province of Soum, approximately 250 kilometers north-east of the capital [...]
Parallel Mining announces further to its News Release dated January 21, 2014, that on January 22, 2014 it received acceptance from the TSX Venture Exchange to amendments of the following previously issued Warrants: 5,020,000 Warrants previously expiring on February 24, 2014 have been extended to expire February 24, 2016; and 4,543,000 of those [...]