Hemlo Explorers is pleased to announce the results of voting at its annual general meeting of shareholders which was held. All matters submitted to shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular, both dated June 27, 2022, were approved by the requisite majority of votes cast at the Meeting.
Hemlo Explorers announces another extension of the binding term sheet with a wholly owned subsidiary of Barrick Gold Corporation that originally estimated that the parties would sign a definitive agreement by April 30, 2022. Both parties continue to work through the due diligence process and are working to finalize the Definitive Agreement in June [...]
Hemlo Explorers Inc. announces an extension of the binding term sheet with a wholly owned subsidiary of Barrick Gold Corporation that originally estimated that the parties would sign a definitive agreement by April 30, 2022. Both parties continue to work through the due diligence process and are working to finalize the Definitive Agreement in May [...]
Hemlo Explorers Inc. is pleased to announce that it has entered into a binding term sheet with a wholly-owned subsidiary of Barrick Gold Corporation whereby Barrick will have the right to earn into 910 claims comprising 16,800 hectares for part of the Pic Project . The Pic Project is located 25 km west of Barrick's Hemlo Mine. Both companies will [...]
Hemlo Explorers Inc. is pleased to announce the that it has entered into an option agreement with First Energy Metals Ltd. to transfer 48 claims comprising approximately 987 hectares in the Falcon Lake area of Ontario to First Energy. The claims are located approximately 325 kilometres northeast of Thunder Bay, Ontario in an area where numerous [...]
Hemlo Explorers Inc. is pleased to announce that it has identified sulphide targets on the Company's Pic Project approximately 3 kms east of Generation Mining's Marathon Palladium-Copper proposed open pit operation near Marathon, Ontario . "We are very excited to have begun work on this prospective area near Generation's project. The sulphide [...]
Hemlo Explorers Inc. is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement . In the final tranche, the Company issued 1,289,444 units , each comprised of one non flow-through common share and half of one common share purchase warrant and 120,000 "flow-through" units , each [...]
Hemlo Explorers Inc. is pleased to announce that it has closed the first tranche of the non-brokered private placement announced on October 22, 2021 and November 4, 2021. Under the first tranche of the Offering, the Company issued 4,925,332 units , each comprised of one non flow-through common share and half of one common share purchase warrant and [...]
Hemlo Explorers Inc. announced today the final drill results from it's 18-hole 7,891 m program at the North Limb project, located 15 km north of Barrick Gold Corporation's Hemlo Mine near Marathon, Ontario. Highlights: Armand Lake Volcanic Complex Lunny East Showing: Drillholes NL21-12 , NL21-13 , NL21-14, -15 , NL21-16 , NL21-17 and NL21-18 [...]
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 $1,982,500 through the sale of up to 6,500,000 units at a price of $0.225 per Unit and 2,000,000 flow through units at a price of $0.26 per FT Unit. The [...]
Hemlo Explorers Inc. announces it is undertaking a non-brokered private placement for aggregate gross proceeds of up to $1,212,500 through the sale of up to 2,500,000 units at a price of $0.225 and 2,500,000 flow through units at a price of $0.26. Robert Cudney, through Northfield Capital Corporation , has committed to provide the lead order for [...]
Hemlo Explorers Inc. is pleased to announce the completion of the option agreement with All-Terrain Track Sales & Services Ltd. to acquire a 100% interest in 245 mineral claim cells located 15 kilometres northeast of Marathon, Ontario, and generally referred to as the "Wire Lake Project". As per the terms of the Option Agreement, the Company will [...]
