Lupaka Gold is pleased to announce the appointment of Mr. Mario Stifano to the Board of Directors, effective immediately and Mr. Ryan Webster to the role of Chief Financial Officer, effective June 1, 2018. The Company also announces that Mr. Stephen Silbernagel has resigned from the Board of Directors and Mr. Darryl Jones has resigned as Chief Financial Officer as of May 31, 2018. Mr. Silbernagel will continue with the [...]
Lupaka Gold Corp announces that it has extended the Bridge Loan Financing previously announced on June 30, 2017, with a group of third-party individuals and Gordon Ellis and Stephen Silbernagel, who are Insiders of the Company, pursuant to which the Company has requested to extend the borrowed amount of C$600,000 to June 30, 2019. The Loan is unsecured and will continue to bear simple interest at the rate of twelve [...]
Lupaka Gold reports that, as a result of a review by the British Columbia Securities Commission, it is issuing this news release to clarify certain technical disclosure. The Company's news release dated March 1, 2018 outlining the results of its recent Preliminary Economic Assessment did not adequately clarify that the Company's Preliminary Economic Assessment is preliminary in nature, that it includes inferred mineral [...]
Lupaka Gold is pleased to provide a development update on the Company's 100% owned Invicta Gold Development Project. Highlights: Main access road construction is 65% advanced, completion expected in May 2018 Operations team substantially in place, rehabilitation of the 3400 Level approximately 50% complete 3430 Level cross-cut completed, continuity and consistency of hanging wall split and footwall zones confirmed between [...]
Lupaka Gold announced today that further to its news releases dated March 1, 2018, the Company has filed on SEDAR a National Instrument 43-101 Preliminary Economic Assessment Technical Report for its 100%-owned Invicta Gold Development Project located 120 km north of Lima, Peru. The NI 43-101 Technical Report was independently prepared for Lupaka Gold by SRK Consulting Canada Inc., and is in accordance with National [...]
Lupaka Gold is pleased to announce the results from a recent comprehensive and systematic underground sampling program on the 3400 Level at the Company's 100% owned Invicta Gold Development Project . Highlights: Sample assay values over the footwall vein averaged 9.86 grams per tonne gold equivalent* over 130 metres, with an average width of 6.1 metres Sample assay values over the hanging wall split averaged 7.00 g/t [...]
Lupaka Gold today announced the results of the Preliminary Economic Assessment prepared pursuant to National Instrument 43-101 on the Company's 100% owned Invicta Gold Development Project, located 120km north of Lima, Peru. All values are in US dollars unless otherwise indicated. Invicta Project PEA Highlights: Updated Mineral Resource Statement of 3.0 million tonnes of Indicated Mineral Resources at 5.78 grams per tonne [...]
Lupaka Gold is pleased to announce the appointment of Daniel B.J. Kivari, P.Eng., as Director of Operations, and commencement of an investor relations program. Mr. Kivari is a Professional Engineer and holds a Bachelor of Engineering degree with honors in metallurgy and mineral processing from Queen's University in Kingston. He has more than 30 years of international experience in metallurgy, engineering and management of [...]
Lupaka Gold is pleased to announce that the Company has secured the necessary funding required for development of the Invicta Gold Development Project . Lupaka has received US$2,500,000 in proceeds from Tranche 3 of the total US$7,000,000 Pre-Paid Forward Gold Purchase Agreement with PLI Huaura Holdings LP , as well as approximately US$3,000,000 from the sale of 3.1 million shares in GoldMining Inc. . Highlights: Proceeds [...]
VANCOUVER, Jan. 22, 2018 /CNW/ - Lupaka Gold Corp. is pleased to provide an update on operational advancements associated with the Invicta Gold Development Project . Highlights: Mining contractor selected, mobilization has commenced and expected to take 2-3 weeks Rehabilitation, preparation and initial development of Invicta will commence in February 2018 with 3 crews, new adit and 3430 Level to be constructed Bulk [...]
VANCOUVER, Dec. 12, 2017 /CNW/ - Lupaka Gold Corp. is pleased to report on the following key operational advancements associated with the Invicta Gold Development Project . Road Construction Initiated The Company has signed a contract with local operators to expand, enhance, and modify 27 kilometres of road commencing from the paved Huacho-Churin-Oyon highway, located at approximately 1,500 metres above sea level, up to [...]
VANCOUVER, Nov. 28, 2017 /CNW/ - Lupaka Gold Corp. is pleased to report that the Company has engaged SRK Consulting Canada Inc. as the lead contractor to prepare a Preliminary Economic Assessment on its 100%-owned Invicta Gold Development Project , an advanced stage gold-copper polymetallic underground Deposit located approximately 120 kilometres by road north of Lima. Will Ansley, President and CEO of Lupaka, said, "We [...]