Highlights significant potential for the Project; at a 0.40 g/t cut-off gold grade, the maiden mineral resource estimate totals: In Pit Measured & Indicated Mineral Resource: 81.348 million tonnes grading 0.61 g/t gold and 18.76 g/t silver , containing an estimated 1.593 million ounces of gold and 49.067 million ounces of silver ; plus limited [...]
Further to its news release dated September 18, 2024, Fredonia Mining Inc. is pleased to announced that the Board of directors of the Company has approved a share consolidation at a ratio of five pre-consolidated common shares in the capital of the Company for each one post-consolidation Common Share . Shareholders of the Company approved a [...]
Fredonia Mining Inc. is pleased to announce the closing of its previously announced non-brokered private placement, consisting of a total of 33,333,333 units of the Company , at a price of $0.03 per Unit for aggregate gross proceeds to the Company of $1,000,000 . The Company did not pay any bonus, finder's fee, commission, or agency fee in [...]
Sept. 18, 2024 -- Fredonia Mining Inc. announces it intends to complete a proposed private placement financing for total proceeds of up to $1,000,000 consisting of 33,333,333 units of the Company at a price of $0.03 per Unit. Each Unit will comprise one common share and one common share purchase warrant . Each Warrant will be exercisable to [...]
Correction: In the Fredonia Mining Inc. announcement dated May 21, 2024, it was incorrectly stated that Mr. Omar Salas would be remaining with the Company in an advisory role. The complete corrected version follows. The Company is preparing an initial mineral resource estimate at the El Dorado Monserrat project, targeted for release in Q3 of this [...]
The Company is preparing an initial mineral resource estimate at the El Dorado Monserrat project, targeted for release in Q3 of this year. The mineral resource estimate will be based on three drilling campaigns carried out over the past three years, representing a total of 10,982.7 meters of diamond drilling, plus historical drillings of the [...]
Fredonia Mining Inc. is pleased to announce the closing of its previously announced non-brokered private placement, consisting of a total of 17,554,480 units of the Company , at a price of $0.05 per Unit for aggregate gross proceeds to the Company of $877,724 . The Company did not pay any bonus, finder's fee, commission, or agency fee in connection [...]
Jan. 25, 2024 -- Fredonia Mining Inc. is pleased to announce that it intends to increase the size of its previously announced non-brokered private placement offering . The Company now expects to issue up to 18,000,000 units at a price of $0.05 per Unit for total gross proceeds of up to $900,000. Each Unit will comprise one common share of the [...]
Jan. 17, 2024 -- Fredonia Mining Inc. announces it has amended the terms its previously announced proposed private placement financing such that the Offering will consist of the sale of approximately 10,000,000 units at a price of $0.05 per Unit for total proceeds of approximately $500,000. Each Unit will comprise one common share of the Company [...]
Jan. 15, 2024 -- Fredonia Mining Inc. announces it intends to complete a proposed private placement financing for total proceeds of approximately $500,000, consisting of 10,000,000 common shares of the Company at a price of $0.05 per Common Share. The net proceeds from the Offering are intended to be used for working capital and general corporate [...]
The Northern Monserrat sector comprises a series of targets including Main Veins, Bajo Pedernal, Monserrat West, Abanico, Gladys, Entrevero, Monserrat East, among others, within our flagship El Dorado Monserrat gold-silver project , located 17 km west of the multi-million oz. producing Cerro Vanguardia gold mine run by AngloGold Ashanti.1 The new [...]
Fredonia Mining Inc. is pleased to announce that it has granted stock options to directors and officers of the Company to purchase a total of 2,750,000 common shares at a price of $0.12 per common share, in the allocations and to the persons identified in the table below. Name Options Granted Ali Mahdavi 1,000,000 Estanislao Ricardo Auriemma [...]
