Hemlo Explorers Inc. is pleased to announce that it has closed its previously announced non-brokered private placement and has issued an aggregate of 27,100,000 units at an issue price of $0.05 per Unit and 12,900,000 "flow-through" shares at an issue price of $0.05 per FT Share for aggregate gross proceeds of $2,000,000. Each Unit is comprised of [...]
Hemlo Explorers Inc. is pleased to announce that, due to the high level of interest, it has increased the size of its non-brokered private placement to now raise aggregate gross proceeds of up to $2,000,000 through the sale of a combination of up to 40,000,000 units at a price of $0.05 per Unit and flow through shares at a price of $0.05 per FT [...]
Hemlo Explorers Inc. is pleased to announce that its ongoing inaugural reconnaissance exploration program at its 100% owned Gold Anchor Project has discovered several gold targets suitable for follow up exploration. Initial prospecting discovered subangular boulders with pyrite, arsenopyrite and rare fine specks of visible gold in quartz-rich [...]
Hemlo Explorers Inc. is pleased to update its shareholders on the progress made by Barrick Gold Inc. on the Pic Project for the six months ended June 30, 2024. Barrick continues to earn in to the Pic Project as announced in the Company's press release dated August 29, 2022. During the six months ended June 30, 2024, Barrick completed detailed [...]
Hemlo Explorers Inc. is pleased to announce completion of the purchase of Rocky Shore Metals Ltd. on September 4, 2024 pursuant to which the Company has acquired all of the issued and outstanding common shares of Rocky Shore in exchange for the issuance of an aggregate of 49,999,704 common shares in the capital of the Company . Under the terms of [...]
Hemlo Explorers Inc. is pleased to announce that it has entered into binding share purchase agreements with shareholders of Rocky Shore Metals Ltd. pursuant to which the Company has agreed to acquire all of the issued and outstanding common shares of Rocky Shore in exchange for the issuance of an aggregate of 49,999,704 common shares in the capital [...]
Hemlo Explorers is pleased to announce that it has recently staked 153 claims for about 38 square km. The claims are located at the southeast end of the Queensway Project, which is controlled by New Found Gold Corp. The project area covers prospective ground over a major contact between the Middle Ridge intrusive rocks and the Gander Sedimentary [...]
The common shares of Hemlo Explorers Inc. have been approved for listing on the CSE. Listing and disclosure documents will be available at www.thecse.com on the trading date. Hemlo Explorers is a Canadian-based mineral exploration company with a portfolio of properties in Ontario and Nunavut. We are focused on generating shareholder value through [...]
Hemlo Explorers is pleased to announce that it has received final approval from the Canadian Securities Exchange to list the Company's common shares on the CSE. In connection therewith, the Company has prepared a listing statement dated May 17, 2024, available on SEDAR+ under the Company's issuer profile on www.sedarplus.com. Additionally, the [...]
Hemlo Explorers is pleased to update its shareholders on the progress made by Barrick Gold Inc. on the Pic Project for the quarter ended Dec 31, 2023. Barrick continues to earn in to the Pic Project as announced in the Company's press release dated August 29, 2022. During the quarter ended Dec 31, 2023, Barrick's exploration team finalized results [...]
Hemlo Explorers Inc. is pleased to announce that it has received the final tranche of the $200,000 that it was awarded under the Ontario Junior Exploration Program from the Ontario Government. This amount covered up to 50% of eligible exploration costs, to a maximum of $200,000 in respect of expenditures incurred by the Company during the period [...]
Hemlo Explorers Inc. is pleased to update its shareholders on the progress made by Barrick Gold Inc. on the Pic Project for the three months ended September 30, 2023. Barrick continues to earn into the Pic Project as announced in the Company's press release dated August 29, 2022. In the quarter ended September 30, 2023, Barrick's exploration team [...]