Deep-South Resources Inc. announces that it has completed the soil sampling program on the Luanshya West project and on the Chililabombwe project. The program on the Mpongwe project has been postponed to 2023 due to difficult weather. The program completed: Luanshya West Project : 1980 soil samples have been delivered to the laboratory for assays [...]
Deep-South Resources Inc. announces that the Company will extend the exercise period of the 15,341,944 share purchase warrants for a further one-year term. The warrants are exercisable at a price of $0.22 per common share and are scheduled to expire January 20, 2023. Upon receipt of TSX Venture Exchange acceptance of this transaction, the warrants [...]
Deep-South Resources Inc. announces that the High Court of Namibia has postponed the verdict in the case to review the Minister's decision not to renew the Exploration and Prospecting licence to February 23, 2023. The judge is using the limit of the three months allotted by the rules of the High Court to render his verdict. The judge indicated that [...]
Deep-South Resources Inc. announces that the Environmental Project Briefs submitted to the Zambia Environmental Management Agency have been approved. The team started mobilizing on Tuesday November 8 and will start the soil sampling program on the three licences. The program: The program consists of geochemical soil sampling on each licence with [...]
Deep-South Resources Inc. provides projects update on the exploration programs on the exploration licences in Zambia. On July 6, 2022, Deep-South announced the closing of an option agreement to acquire up to an 80% undivided interest in three copper Large Scale Exploration Licences in the center of the Zambian Copper belt, one of the most prolific [...]
Deep-South Resources Inc. announces that the High Court of Namibia hearing of the review of the Minister's decision not to renew the Exploration and Prospecting licence was held on October 3, 2022. The judge indicated that a written judgment is to be expected on November 18, 2022. About Deep-South Resources Inc. Deep-South Resources is a mineral [...]
Deep-South Resources Inc. announces that it has closed its non-brokered private placement for an amount of $392,000. The Offering comprised 7,840,000 Units at a subscription price of $0.05 per Unit. Each Unit consists of one common share and one half of one common share purchase warrant . Each whole Warrant will entitle the holder thereof to [...]
Deep-South Resources Inc. announces that it will close a first tranche in a new non-brokered private placement. The first tranche will be closed for an amount of $264,000. The offering will comprise up to 15 million units at $0.05 per unit for a total of up to $750,000. Each Unit will consist of one common share and one half of one common share [...]
Deep-South Resources Inc. announces that its Board of Directors will start the search to find and appoint a new Chairman or Chairwoman to replace the late Mr. John Akwenye who passed in May 2022. In the mean time, the Directors have nominated Mr. Jean-Luc Roy to the position of Acting Chairman of the Board. Mr. Roy is a Director of the Board since [...]
Deep-South Resources Inc. announces that it has closed an option agreement entered on March 28, 2022 with World Class Minerals Venture Ltd, to acquire up to 80% undivided interest in three copper Large Scale Exploration Licences in the center of the Zambian Copper belt, one of the most prolific copper belts in the world. The Option Agreement: WCMV [...]
Deep-South Resources Inc. reports that at the hearing held on June 30, 2022, the court ordered the following: Haib Minerals must file its heads of argument 15 days before the hearing; The Minister of Mines and the other respondents must file their heads of argument 10 days before the hearing; The indexed and paginated papers and the record must be [...]
Deep-South Resources Inc. reports that at the hearing held on June 23, 2022, the court ordered the parties to file their Case Management report by June 27, 2022. The next Case Management hearing will be held on June 30, 2022. The Case Management hearing serves to prepare the final hearing. Several aspects can be discussed at the Case Management [...]