Goldflare Exploration Inc.

Goldflare Exploration Inc. announces the grant of 1,450,000 stock options to directors, officers and employees. These stock options are granted in accordance with the terms of the stock option plan of the Corporation. Each option entitles the holder thereof to purchase one common share of the Corporation at a price of $0.05 per common share for a period of ten years from June 1st, 2022. Goldflare currently has 78,676,383 [...]

Goldflare Exploration Inc. initiates its first exploration work on the property since its acquisition. The Duplessis-Agar property is located between 60 and 70 kilometres northeast of the municipality of Lebel-sur-Quevillon, and west of Lake Pusticamica, Northern Quebec region. The property is composed of 10 titles representing 900 hectares and is easily accessible via regional roads. This decision follows the filing of a [...]

Goldflare Exploration Inc. announces the closing of a flow-through private placement of $70,000 offered to eligible investors at a price of $0.095 per common share. The offering totals 736,842 flow-through shares. No insider participated to this placement and no intermediary fees were engaged either. The offering is subject to final approval from the TSX Venture Exchange. The securities to be issued will be subject to a [...]

Goldflare Exploration Inc. is pleased to disclose having identified several drilling targets supported by a comprehensive analysis of new information from a soil geochemistry survey and structural interpretation. In the following weeks, the Company will file a permit application and undertake consultation activities with First Nations representatives. The Syenite Condor project is part of a mining titles holding making [...]

Goldflare Exploration is actively working on the next drilling plan aiming to extend Condor I, the new discovery on its Syenite Condor property, located about 30 km north-east of Rouyn-Noranda. Last Exploration Campaign Highlights A new gold system was identified along the contact with the Cléricy syenite intrusion. The mineralization shows a porphyritic style with dense fractures network. Gold is associated with minor [...]

Goldflare Exploration Inc. is pleased to announce results from a first drill program of 968 metres distributed in 12 short holes on its Syenite Condor property located about 30 km north-east of Rouyn-Noranda . Highlights A new gold system has been identified along the contact with the Cléricy syenite intrusion, with a gold anomaly identified over an average thickness of about 40 metres, going from surface down to 70 [...]

Goldflare Exploration has completed a series of works to continue exploration of the Condor I discovery in late 2021. The Syenite Condor exploration project is a new exploration target associated with the Cléricy pluton located about 30 km north of the city of Rouyn-Noranda. 12 short boreholes totalling 987 meters were completed at the beginning of January immediately under the stripping area, but also in its immediate [...]

Goldflare Exploration Inc. announces that the 2021 surface exploration program was successful to identify a new gold-bearing sector on its Syenite Condor project located about 30 km north-east of Rouyn-Noranda. Prospecting rock sampling results received so far reach locally values between 1 and 10 g/t. The new "Condor I" discovery is located about 3.5 km west of IAMGOLD Corporation's Fayolle advance exploration project [...]

Goldflare Exploration Inc. would like to correct the announcement of the closing of a flow-through private placement for a total of 613 505 $ versus the 563 005$ reported yesterday. The total flow-through shares of the offering is the same as reported. SOURCE Goldflare Exploration Inc. Contact Ghislain Morin, CEO, 819-354-9439, ghislainmorin@goldflare.ca; Serge Roy, Chairman of the Board, 819-856-8435 [...]

Goldflare Exploration Inc. announces the closing of a flow-through private placement of 563 005 $ offered to eligible investors at a price of $0.055 per unit. The offering totals 11 136 451 flow-through shares. The securities to be issued will be subject to a minimum holding period of four months plus one day. Three insiders have directly participated to the Placement, for which Goldflare will have to pay intermediary [...]