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IIROC Trading Halt – CCD.RT

IIROC Trading Halt – CCD.RT
Canada NewsWire
VANCOUVER, BC, Jan. 13, 2022

VANCOUVER, BC, Jan. 13, 2022 /CNW/ – The following issues have been halted by IIROC:
Company: Cascadero Copper Corporation
TSX-Venture Symbol: CCD.RT
All Issues: No
Reason: P…

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IIROC Trading Halt – CCD.RT

Canada NewsWire

VANCOUVER, BC, Jan. 13, 2022 /CNW/ – The following issues have been halted by IIROC:

Company: Cascadero Copper Corporation

TSX-Venture Symbol: CCD.RT

All Issues: No

Reason: Pending Delisting

Halt Time (ET): 12:00 PM

IIROC can make a decision to impose a temporary suspension (halt) of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. IIROC is the national self-regulatory organization which oversees all investment dealers and trading activity on debt and equity marketplaces in Canada.

SOURCE Investment Industry Regulatory Organization of Canada (IIROC) – Halts/Resumptions


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Bell Copper Adopts Shareholder Rights Plan

Vancouver, British Columbia–(Newsfile Corp. – January 27, 2022) – Bell Copper Corporation (TSXV: BCU) (OTCQB: BCUFF) ("Bell Copper" or the "Company")…

Vancouver, British Columbia–(Newsfile Corp. – January 27, 2022) – Bell Copper Corporation (TSXV: BCU) (OTCQB: BCUFF) (“Bell Copper” or the “Company”) announces that it has entered into a shareholder rights plan agreement (the “Plan”) with TMX Trust Company as rights agent effective January 27, 2022. The Plan is similar to rights plans adopted by other Canadian public companies and has not been adopted in response to any pending or threatened takeover bid for Bell Copper nor is the Company aware of any such effort. Rather, the Plan has been adopted with a view to ensuring, to the extent possible, that all shareholders of the Company have an equal opportunity to participate in, and are treated fairly in the event of a “creeping takeover bid” for the Company. Creeping takeover bids, which were not addressed in Canada’s takeover bid regime updated in May 2016, occur where acquisition of effective control takes place through a number of share purchases over time.

While the Plan is effective immediately, it is subject to ratification by the Company’s shareholders within six months of its adoption. Bell Copper will be seeking shareholder ratification of the Plan at a special meeting of its shareholder which will be scheduled to be held before June 25, 2022 (the “SGM”). A summary of the principal terms of the Plan will be described in the management information circular being sent to all Bell Copper shareholders in connection with the SGM and a complete copy of the Plan will be made available for viewing under the Company’s profile on SEDAR at www.sedar.com.

Under the Plan, one right (a “Right”) has been issued in respect of each issued and outstanding common share of Bell Copper as of the close of business on January 27, 2022 and one Right will also be issued and attach to each subsequently issued common share. These Rights will only become exercisable if a person (an “Acquiring Person”), including affiliates and associates and persons acting jointly or in concert with such person (“Related Persons”), becomes the beneficial owner of 20% or more of the outstanding common shares of Bell Copper without complying with the “permitted bid” provisions of the Plan or, in certain circumstances, without the approval of the Company’s board of directors (the “Board”). In such event, holders of common shares, other than the Acquiring Person and any Related Persons, will be entitled to exercise their Rights and purchase common shares of the Company at a substantial discount to the then market price of the Company’s shares.

The Plan is scheduled to expire at the close of business on the date of Bell Copper’s annual meeting of shareholders to be held in in 2025, unless terminated earlier in accordance with the terms of the Plan. The Plan has been submitted to the TSX Venture Exchange, and remains subject to approval of the TSX Venture Exchange and ratification by Bell Copper’s shareholders at the SGM, failing which the Plan and all Rights issued thereunder will terminate.

About Bell Copper

Bell Copper is a mineral exploration company focused on the identification, exploration and discovery of large copper deposits located in Arizona. Bell Copper is exploring its 100% owned Big Sandy Porphyry Copper Project and the Perseverance Porphyry Copper Project which is under a Joint Venture – Earn In.

On behalf of the Board of Directors of
Bell Copper Corporation

“Timothy Marsh”

Timothy Marsh, President, CEO & Director

For further information please contact the Company
Tel: 1 800 418 8250
Email: [email protected]

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

This news release includes “forward-looking statements” and “forward-looking information” within the meaning of Canadian securities legislation. All statements included in this news release, other than statements of historical fact, are forward-looking statements. Forward-looking statements include predictions, projections and forecasts and are often, but not always, identified by the use of words such as “anticipate”, “believe”, “plan”, “estimate”, “expect”, “potential”, “target”, “budget” and “intend” and statements that an event or result “may”, “will”, “should”, “could” or “might” occur or be achieved and other similar expressions and includes the negatives thereof. Forward-looking statements in this news release include that the shareholders rights plan will ensure that all shareholders are treated fairly in the event of a takeover and that the plan will be put to shareholder at the SGM for ratification. Forward-looking statements are based on a number of assumptions and estimates that, while considered reasonable by management based on the business and markets in which Bell Copper operates, are inherently subject to significant operational, economic, and competitive uncertainties, risks and contingencies, including the risk that the TSX Venture Exchange will not approve the shareholders rights plan and that the shareholders will not ratify the plan at the SGM. There can be no assurance that such statements will prove to be accurate and actual results, and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from the Company’s expectations include actual exploration results, interpretation of metallurgical characteristics of the mineralization, changes in project parameters as plans continue to be refined, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, uninsured risks, regulatory changes, delays or inability to receive required approvals, and other exploration or other risks detailed herein and from time to time in the filings made by the Company with securities regulators, including those described in the Company’s most recently filed MD&A. The Company does not undertake to update or revise any forward-looking statements, except in accordance with applicable law.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/111877





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KOOTENAY REPORTS AZTEC JOINT VENTURE COMPLETES FIRST 14 HOLES OF PHASE 2 DRILL PROGRAM AT THE CERVANTES GOLD-COPPER PROPERTY, MEXICO

KOOTENAY REPORTS AZTEC JOINT VENTURE COMPLETES FIRST 14 HOLES OF PHASE 2 DRILL PROGRAM AT THE CERVANTES GOLD-COPPER PROPERTY, MEXICO
PR Newswire
VANCOUVER, BC, Jan. 27, 2022

VANCOUVER, BC, Jan. 27, 2022 /PRNewswire/ – Kootenay Silver Inc. (TSXV: KT…

KOOTENAY REPORTS AZTEC JOINT VENTURE COMPLETES FIRST 14 HOLES OF PHASE 2 DRILL PROGRAM AT THE CERVANTES GOLD-COPPER PROPERTY, MEXICO

PR Newswire

VANCOUVER, BC, Jan. 27, 2022 /PRNewswire/ – Kootenay Silver Inc. (TSXV: KTN) (the “Company” or “Kootenay”) is pleased to announce that Aztec Minerals Corp. (“Aztec”) has reported that the Aztec / Kootenay Joint Venture has completed the first 14 holes totaling 2,810.6 metres (m) of the current 5,000 m, 22-hole Phase 2 reverse circulation (RC) drill program at the Cervantes Property located in Sonora State, Mexico.

Four main targets will be tested. The primary objectives of the 2021 – 2022 exploration program are:

  • Better define the open pit, heap leach gold potential of the porphyry oxide cap at California where previous drilling as reported encountered up to 0.77 gpt gold over 160 meters of drill length;
  • Evaluate the potential for deeper copper-gold porphyry sulfide mineralization underlying the oxide cap;
  • Test for north and west extensions of the California mineralization at California North and Jasper;
  • And assess the breccia pipe potential of Purisima East.

Drill samples were shipped to the Bureau Veritas Minerals laboratory in Hermosillo for geochemical analysis and results are anticipated in the next several weeks. 

Four holes were drilled for 769.6 m to test the southern portion of the Purisima East target, an area which hosts historic underground mines and prospects. This is area is coincident with IP chargeability and gold-copper-molybdenum anomalies within a breccia along the rim of a porphyry intrusion. All four holes intersected pervasively fractured, oxidized, argillic and silicified sediments and quartz feldspar porphyry dikes and hydrothermal breccias.

Ten holes thus far have been drilled into the principal California gold-copper porphyry target, where the Aztec – Kootenay JV previously discovered extensive porphyry gold-copper mineralization (drill intercepts up to 0.77 gpt gold over 160 m). The 10 step-out holes for 2,041 m are at 50 m spacings to expand and better define the area of oxide gold mineralization at California. There remain several drill holes to be completed to be followed by two 500 m deep holes to test the depth extent of the strong underlying IP chargeability anomaly which is hoped to be a large gold-copper porphyry.  This mineralization is associated with massive silicification and extensive hydrothermal brecciation of the hosting quartz feldspar porphyry and the surrounding sedimentary rocks.

The remaining Phase 2 drill exploration program will test the California Norte prospect – one hole will test a small part of the coincident IP chargeability/gold-copper-molybdenum anomaly, and the Jasper prospect – one hole will test the outcropping strong oxide copper mineralization and extensive copper-molybdenum soil anomaly.

After drilling concludes, company geologists will turn their attention to channel sampling and geologic mapping of the newly cut drill roads at California, California Norte and Jasper, as well as to expand surface sampling and mapping on the property in general to continue the 2021 Phase 1 surface program.

The full news release issued by Aztec Minerals can be found at: http://aztecminerals.com/

Cervantes Property Overview

Cervantes is a highly prospective porphyry gold-copper property located in southeastern Sonora state, Mexico. The project lies 160 km east of Hermosillo, Sonora, Mexico within the prolific Laramide porphyry copper belt approximately 265 km southeast of the Cananea porphyry copper-molybdenum mine (Grupo Mexico).  Cervantes also lies along an east-west trending gold belt 60 km west of the Mulatos epithermal gold mine (Alamos Gold), 35 km northeast of the Osisko San Antonio gold mine, 45 km west of the La India mine (Agnico Eagle), and 40 km northwest of Santana gold deposit (Minera Alamos).   View: Cervantes Project Location Map

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Qualified Persons

The Kootenay technical information in this news release has been prepared in accordance with the Canadian regulatory requirements set out in National Instrument 43-101 (Standards of Disclosure for Mineral Projects) and reviewed and approved on behalf of Kootenay by James McDonald, P.Geo, President, CEO & Director for Kootenay, a Qualified Person.

About Kootenay Silver Inc.

Kootenay Silver Inc. is an exploration company actively engaged in the discovery and development of mineral projects in the Sierra Madre Region of Mexico and in British Columbia, Canada. Supported by one of the largest junior portfolios of silver assets in Mexico, Kootenay continues to provide its shareholders with significant leverage to silver prices. The Company remains focused on the expansion of its current silver resources, new discoveries and the near-term economic development of its priority silver projects located in prolific mining districts in Sonora, State and Chihuahua, State, Mexico, respectively.

CAUTIONARY NOTE REGARDING FORWARD-LOOKING STATEMENTS:

The information in this news release has been prepared as at January 27, 2022. Certain statements in this news release, referred to herein as “forward-looking statements”, constitute “forward-looking statements” under the provisions of Canadian provincial securities laws. These statements can be identified by the use of words such as “expected”, “may”, “will” or similar terms.

Forward-looking statements are necessarily based upon a number of factors and assumptions that, while considered reasonable by Kootenay as of the date of such statements, are inherently subject to significant business, economic and competitive uncertainties and contingencies.  Many factors, known and unknown, could cause actual results to be materially different from those expressed or implied by such forward-looking statements.  Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date made.  Except as otherwise required by law, Kootenay expressly disclaims any obligation or undertaking to release publicly any updates or revisions to any such statements to reflect any change in Kootenay’s expectations or any change in events, conditions or circumstances on which any such statement is based.

Cautionary Note to US Investors: This news release may contain information about adjacent properties on which we have no right to explore or mine. We advise U.S. investors that the SEC’s mining guidelines strictly prohibit information of this type in documents filed with the SEC. U.S. investors are cautioned that mineral deposits on adjacent properties are not indicative of mineral deposits on our properties. This news release may contain forward-looking statements including but not limited to comments regarding the timing and content of upcoming work programs, geological interpretations, receipt of property titles, potential mineral recovery processes, etc. Forward-looking statements address future events and conditions and therefore involve inherent risks and uncertainties. Actual results may differ materially from those currently anticipated in such statements.

View original content to download multimedia:https://www.prnewswire.com/news-releases/kootenay-reports-aztec-joint-venture-completes-first-14-holes-of-phase-2-drill-program-at-the-cervantes-gold-copper-property-mexico-301470056.html

SOURCE Kootenay Silver Inc.


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Emerson Drilling Update: Start Planned for Second Week of February 2022

Vancouver, British Columbia – TheNewswire – January 27, 2022 ‑ Harvest Gold Corporation (TSXV:HVG) (OTC:HVGDF) (“Harvest Gold” or the “Company”)…

Vancouver, British Columbia – TheNewswire – January 27, 2022Harvest Gold Corporation (TSXV:HVG) (OTC:HVGDF) (“Harvest Gold” or the “Company”) is pleased to announce an exploration update on its 100% owned Au-Cu Emerson Property located in central B.C.  The 56 km2 Emerson Property comprises 14 contiguous mineral claims located 15 km west of Houston, B.C. with a nearby railroad, high voltage powerline and gas pipeline.  

Rick Mark, President and CEO of Harvest Gold states: “We are pleased to announce the details and planned start date for the first drill program at our 100% owned flagship property, Emerson. We plan to drill up to 3,000 metres and expect drilling to begin in the second week in February. It should take approximately 6 weeks to complete.”  

HARVET GOLD EMERSON DRILL PROGRAM:

Equity Exploration Consultants Ltd. (“Equity”), who is managing the Emerson program on behalf of Harvest Gold, has provided the logistics details status involved in this first drill program:

  • Apex Diamond Drilling Ltd. of Smithers, B.C. will provide drilling services to execute the program. 

  • Equity has prepared and sourced to support the drill processing facility and contracted crew accommodations at the project site. The equipment will arrive at the beginning of February and snow clearing will occur by the end of the first week of February.  

  • Equity has completed a health, environment, and safety risk analysis of the program and has implemented controls to project planning accordingly to ensure that there are measures in place to manage any work-related risks.  

Equity is in the process of finalizing local vendor contracts for project support including companies affiliated with local Indigenous communities or have directly hired members of the community to their crew. Equity will send up its team to prepare the core processing facility for drill crews in the first week of February. Drilling is planned to commence the second week of February.

About Harvest Gold Corporation

Harvest Gold is focused on the Interior Plateau of British Columbia exploring for near surface Gold deposits and Copper Gold Porphyry deposits. Harvest Gold’s board of directors, management team and technical advisors have collective geological and financing experience exceeding 400 years.

Harvest Gold acknowledges that the Emerson and Goathorn Projects are situated in the traditional territory of the Wet’suet’en Nation while the Jacobite Project is situated in the traditional territory of the Lake Babine Nation.  Harvest Gold is committed to developing positive and mutually beneficial relationships based on respect and transparency with local Indigenous communities.

ON BEHALF OF THE BOARD OF DIRECTORS

Rick Mark
President and CEO
Harvest Gold Corporation

For more information please contact:

Rick Mark or Jan Urata
@ 604.737.2303 or
[email protected]

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward Looking Information

This news release includes certain statements that may be deemed “forward looking statements”. All statements in this news release, other than statements of historical facts, that address events or developments that Harvest Gold expects to occur, are forward looking statements. Forward looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “plans”, “anticipates”, “believes”, “intends”, “estimates”, “projects”, “potential” and similar expressions, or that events or conditions “will”, “would”, “may”, “could” or “should” occur.

Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in the forward-looking statements. Factors that could cause the actual results to differ materially from those in forward looking statements include market prices, exploitation and exploration successes, and continued availability of capital and financing, and general economic, market or business conditions. Investors are cautioned that any such statements are not guarantees of future performance and actual results or developments may differ materially from those projected in the forward-looking statements. Forward looking statements are based on the beliefs, estimates and opinions of the Company’s management on the date the statements are made. Except as required by securities laws, the Company undertakes no obligation to update these forward-looking statements in the event that management’s beliefs, estimates or opinions, or other factors, should change.

Copyright (c) 2022 TheNewswire – All rights reserved.

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