Bond Resources Inc. is pleased to report that it has completed its first underground drill program at its wholly-owned Mary K mine property near Elk City, Idaho. The last four holes of a 14-hole underground drill program all intersected the Mary K vein/structure below the Historical #4 level of the mine. Gold mineralization in the vein is nuggety and post mineralized faulting along portions of the structure resulted in [...]
Bond Resources Inc. announces that it has arranged a non-brokered private placement of up to $1,000,000 through the issuance of up to 16,666,667 units at a price of $0.06 per Unit. Each Unit will be comprised of one common share and one half common share purchase warrant , with each Warrant entitling the holder to purchase one common share of Bond at a price of $0.12 per share for a period of 2 years, provided that, if [...]
Bond Resources Inc. is pleased to announce that with the recent completion of the Mary K parallel access tunnel , it has commenced a first phase underground drill program that will consist of four holes totalling about 1,100 ft at its wholly-owned historic Mary K mine site near Elk City, Idaho. "We are excited to commence this underground drilling campaign on the Mary K property," stated Joseph A. Carrabba, President [...]
Bond Resources Inc. is pleased to announce that it has gained access to old workings that host a portion of the gold-bearing Mary K vein within the historical Mary K mine, near Elk City, Idaho. Initial chip sampling returned values up to 1.082 oz. per ton gold . Bond has developed a 12-by-12 ft. access tunnel that runs parallel to the historical Mary K #4 level workings. The tunnel intersected a historic crosscut that was [...]
Bond Resources Inc. is pleased to announce that the parallel access tunnel it has been developing has broken through into the Historical Mary K Mine workings at the company's Mary K mine project, near Elk City, Idaho. The 12' x 12' drift was driven 883 ft. and parallel to the #4 level of the historical mine. The new tunnel broke through into the historical Mary K workings where the previous owner, Richard Kleesattle [...]
Bond Resources Inc. is pleased to announce that the parallel access tunnel it has been developing has broken through into the Historical Mary K Mine workings at the company's Mary K mine project, near Elk City, Idaho. The 12' x 12' drift was driven 883 ft. and parallel to the #4 level of the historical mine. The new tunnel broke through into the historical Mary K workings where the previous owner, Richard Kleesattle [...]
Bond Resources Inc. is pleased to provide an update on the progress it has made on the development of a new access tunnel at the Company's Mary K mine project, near Elk City, Idaho. With the goal of reaching, and bulk sampling, the reported high-grade Apex zone of the historical Mary K mine, Bond Resources has been busy constructing a parallel access tunnel. "We initially planned on developing a new portal and breaking [...]
Bond Resources Inc. is pleased to announce that it has closed Tranche 1 of its non-brokered private placement , raising $2,188,293.48 in gross proceeds through the issuance of 18,235,779 units at a price of $0.12 per Unit. Each Unit is comprised of one common share and one common share purchase warrant , with each whole Warrant entitling the holder to purchase one common share of Bond at a price of $0.16 per share for a [...]
Bond Resources Inc. is pleased to announce a non-brokered private placement of $2,000,000 through the issuance of 16,666,667 units at a price of $0.12 per Unit, with a lead order from Palisades Goldcorp Ltd. Each Unit will be comprised of one common share and one common share purchase warrant , with each Warrant entitling the holder to purchase one common share of Bond at a price of $0.16 per share for a period of 5 [...]
Bond Resources Inc. is pleased to announce that it has established a new mine portal about 70 ft. south of the original collapsed portal on the number 4-level at the Historical Mary K Mine near Elk City, Idaho. At the current development rate, the Company expects to intersect the old mine workings by the end of March. "Once we break through into the old workings, we will assess the condition of the old drift," commented [...]
Bond Resources Inc. is pleased to announce that the Company and Winston Gold Corp. have jointly entered into a Lease Agreement, with option to purchase with Montana Reclaim LLC over nine mining claims covering approximately 166 acres in Montana, USA, more commonly known as the Hard Cash property . Bond and Winston will be equal partners in the project. Joseph Carrabba, C.E.O. and Director of Bond stated, "The Hard Cash [...]
Bond Resources Inc. is pleased to announce that it has closed its non-brokered private placement , raising $2,366,392 in gross proceeds through the issuance of 15,775,947 units at a price of $0.15 per Unit. Each Unit is comprised of one common share and one common share purchase warrant , with each whole Warrant entitling the holder to purchase one common share of Bond at a price of $0.40 per share for a period of 2 [...]
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