8 drill holes completed so far this season, for a total of 641 m. Assay results received for 8 drill holes showing 0.18% average nickel grade and over 21% average magnesium grade. Drilling is ongoing using a Winkie drill. Awaiting permits for 6,000 m NQ drill program to consist of 20 holes, each with a target depth of 300 m. 50 drill holes have [...]
District Metals Corp. is pleased to announce the appointment of Sophia Shane as a Strategic Advisor for the Company. Sophia Shane brings decades of experience in capital markets, corporate development and investor relations to District following a career spanning nearly 30 years at the highly successful Lundin Group of Companies. At the Lundin [...]
CopperCorp Resources Inc. is pleased to announce a non-brokered private placement of up to 14,285,715 units of the Company at a price of C$0.07 per Unit for gross proceeds of up to C$1.0 million . Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant . Each Warrant will entitle the holder to [...]
Olive Resource Capital Inc. is pleased to provide investors an updated, unaudited Net Asset Value per share. Management has estimated the NAV of the Company at C$0.064 per share for November 30, 2023 . At the end of November, the Company's price per share was C$0.03. Table 1: Olive NAV Breakdown Name Ticker Value Value per Share Black Sheep Income [...]
Queen's Road Capital Investment Ltd. is pleased to announce that it has entered into an agreement with Gold Royalty Corp. whereby the Company will invest US$30,000,000 in a Gold Royalty convertible debenture. The convertible debenture will have a 5-year term, carry a 10.0% coupon , a 3% establishment fee and will be convertible into Gold Royalty [...]
All amounts expressed are in Canadian dollars Velox Energy Materials Inc. is pleased to announce that, following the announcement last week, it has received all the sub-agreements to close a non-brokered private placement of 30,000,000 Units for gross proceeds of $1.5 million with a subscription price of $0.05 per Unit. Each Unit consists of one [...]
Hole MC23-132 Intersects 363.0 g/t Au over 0.3m Within a Broader Interval of 121.8 g/t Au over 0.9m Onyx Gold Corp. is pleased to announce initial exploration results from its 2023 Fall drill program in the Timmins gold camp, Ontario. The first assay results have been returned for drill hole MC23-132, which tested a prospective area 350m northwest [...]
New Break Resources Ltd. is pleased to report that the results from rock chip and grab samples taken from the Sundog Gold Project in Kivalliq Region, Nunavut have identified new gold bearing structures on the property, with half of the eight samples taken grading over 7.5 grams per tonne gold as shown in the following table: Table 1: 2023 Sundog [...]
Purepoint Uranium Group Inc. announced that due to strong investor demand, it has increased the offering size of the non-brokered private placement previously announced on November 27, 2023 from $2,500,000 to $4,000,000 . Up to 76,190,477 flow-through units at a price of $0.0525 per Unit are issuable pursuant to the Offering. Each Flow-Through Unit [...]
Basin Uranium Corp. is pleased to announce it has acquired the South Pass Property Uranium Project located in Fremont and Sublette County, Wyoming, USA. The Project, which was acquired through direct staking by the Company, is comprised of 151 unpatented mineral lode claims totaling 3,775 acres located along the perimeter of the Great Divide Basin [...]
HIGHLIGHTS Blackstone has executed an option agreement to acquire 100% of the Wabowden nickel sulphide project located in the world-class Thompson Nickel Belt in Manitoba, Canada. Attractive opportunity for Blackstone given large scale resource base, established infrastructure, low-cost hydro power and synergies with Blackstone's other strategic [...]
Golden Spike Resources Corp. further to its news release on November 30, 2023, the Company has closed the private placement financing and issued 3,950,000 Units at $0.08 per Unit for gross proceeds of $316,000. Each Unit consists of one common share and one-half of one warrant. Each whole transferable warrant is exercisable at $0.10 per common [...]