Gossan Resources Ltd. & will conduct a non-brokered private placement offering of up to 3,400,000 units at a purchase price of $0.05 per Unit, for aggregate gross proceeds of up to $170,000. Each Unit consists of one common share and one-half warrant . Each whole warrant is exercisable to acquire one Common Share at a price of $0.08 for a period of [...]
Gossan Resources Ltd. is postponing the reporting of its fourth quarter and full year 2020 audited Financial Statements, Management Discussion & Analysis and related filings due to COVID-19 delays in the audit process. The Company expects to report and file its March 31, 2020 Financial filings on or before August 7, 2020 under the terms of an [...]
Gossan Resources Limited provides a corporate update for the Central Canada Mining and Exploration Conference and announces the grant of 320,000 incentive stock options to officers and directors of the Company. Gossan holds a significant production royalty on 9 quarry leases at the permitted Wanipigow Silica Sand Project, which is located near [...]
Gossan Resources Limited has awarded 330,000 incentive stock options to officers, directors, employees and consultants of the Company. This grant of options is in compliance with the terms of the Company's Stock Option Plan and remains subject to the acceptance of the TSX Venture Exchange. Four officers and directors were granted a total of 300,000 [...]
Gossan Resources Ltd. has completed a detailed gravity survey over its highly prospective Sturgeon Lake East polymetallic VMS property in order to help delineate those areas with the greatest concentration of massive sulphides. The gravity survey was carried out in response to very encouraging results from a 4-hole drill program completed earlier [...]
Gossan Resources Ltd. has completed a preliminary drill program totaling 741 metres at its Sturgeon Lake Property in northwestern Ontario. Two of four completed drill holes intersected significant separate widths of footwall style hydrothermal alteration with abundant stringer, semi- and near-massive-sulphides of pyrrhotite and pyrite with minor [...]
Gossan Resources has commenced drilling at its highly prospective Sturgeon Lake property, located in the eastern part of the historic zinc-rich polymetallic Sturgeon Lake VMS Camp of Northwestern Ontario. Four distinct high-priority, multi-parameter volcanogenic massive sulphide target areas will be tested with a diamond drill program of up to [...]
Gossan Resources has assembled its geological team for an upcoming winter drill program, located in the prolific zinc-rich Sturgeon Lake VMS district of northwestern Ontario. The team, comprised of Project Manager Mr. Scot Halladay, P.Geo., Advisor Dr. Donald J. Robinson, P.Geo, and Dr. Hamid Mumin, P.Geo., a member of Gossan's Board of Directors [...]
Gossan Resources has awarded 830,000 incentive stock options to officers, directors, employees and consultants of the Company. This grant of options is in compliance with the terms of the Company's Stock Option Plan and remains subject to the acceptance of the TSX Venture Exchange. Five officers and directors were granted a total of 800,000 stock [...]
Gossan Resources has been advised by its CEO, Douglas Reeson, that he exercised 150,000 stock options and purchased a material number of shares on September 20th & 21st, 2017. He now holds 6,305,000 common shares or 18.78% of the shares issued and outstanding. Mr. Reeson purchased these shares for investment purposes and has no present intention to [...]
Gossan Resources has entered into a revised agreement with Claim Post Resources whereby it has transferred title to its Manigotagan Frac Sand Property to Claim Post upon receipt of the full outstanding payment due of $787,356 and an improved & simplified royalty agreement. Douglas Reeson, President of Gossan, stated, "Gossan has secured a [...]
Gossan Resources is pleased to announce that Claim Post Resources has completed a private placement of unsecured convertible debentures that raised a total of approximately $3.1 million. Claim Post currently owes Gossan over $750,000 in overdue payments and interest, pertaining to its Seymourville Silica Sand Project, for the purchase of 9 quarry [...]
