Orefinders Resources Inc. is pleased to release its 2019 Annual Shareholder Letter from the CEO sent to all shareholders as a part of the Company's annual meeting materials. Dear Shareholders, In a highly cyclical industry like mining, the best time to make acquisitions is when the cycle is at the bottom. That's where the market has been and that's the philosophy which Orefinders has executed. Over the past 12 months [...]
Orefinders Resources Inc. announces that, further to its acquisition of 11,850,000 shares of Mistango River Resources Inc. , or over 31% of the shares outstanding, from Osisko Gold Royalties, Orefinders has requisitioned the convening of a shareholders meeting of Mistango, in respect of its 2017 and 2018 fiscal years, and for the purpose of changing its board of directors. Requisition of Shareholders' Meeting for Mistango [...]
Orefinders Resources Inc. is pleased to release an investor webinar detailing its acquisition of 31% of the shares of Mistango River Resources Inc. from Osisko Gold Royalties as announced on May 3, 2019. The Orefinders Webinar details: Osisko is now a significant shareholder of Orefinders Investment rationale for the acquisition of Mistango's shares Details on Mistango's flagship asset Omega mine gold resource which is [...]
Orefinders Resources Inc. is pleased to announce that it has acquired 11,850,000 shares of Mistango River Resources , or over 31% of the shares outstanding, from Osisko Gold Royalties Ltd. in exchange for issuing 5 million Orefinders shares to Osisko. Mistango owns a series of assets including the past producing Omega Gold mine, located 5km west of Orefinders' McGarry Mine project, and 15km northeast of Orefinders' Mirado [...]
Orefinders Resources Inc. is pleased to announce its planned work program for its McGarry Mine project along the Cadillac-Larder Lake Break near Kirkland Lake, Ontario. Since acquiring McGarry and Barber Larder in August 2018, Orefinders has focused its activities on compiling all the historical data, spanning numerous decades, to develop a work plan that evaluates high potential zones. This is in line with Orefinders [...]
Orefinders Resources Inc. is pleased to announce that it has posted an investor webinar detailing its intention to acquire 40% of Pacific Precious , owner of the Kuta Ridge Gold Project in Papua New Guinea. This webinar details Orefinders strategy for this investment and the geologic potential the Kuta Ridge project presents. The investor webinar is available via the link below: Click here to view the Pacific Precious [...]
Orefinders Resources Inc. is pleased to announce it has received drilling and exploration permits for all three of its properties, Mirado, McGarry and Knight Projects. These permits are valid for a period of three years. "We spent a good portion of 2018 compiling large amounts of data from each of our projects to fully understand what work has been completed, its results and what that represents. This compilation was used [...]
Orefinders Resources Inc. is pleased to announce that it has entered into a share exchange agreement to acquire 40% of the outstanding Pacific Precious , in return for issuing 10,000,000 shares . Pacific is a privately owned Canadian company which owns a 100% interest in the Kuta Ridge Gold Project located in Papua New Guinea. The Project has no royalties. "This is a unique opportunity and one that we are fortunate to [...]
Orefinders Resources Inc. is pleased to provide shareholders with a review of the Company's achievements along with insight on Management's plans for 2019. "We are proud of what we've accomplished over the last two years in lining up opportunities throughout an extended bear market. In 2019 our shareholders can expect us to continue with our well defined and focused strategy of seeking the best return on investment that [...]
Orefinders Resources Inc. is pleased to advise that, as a significant shareholder in Power Ore Inc. , we are keeping our shareholders aware of their recent, transformational acquisition of the Opemiska Copper Mine Complex . Today Power Ore announced that they have entered into an agreement to acquire a 100% interest in Opemiska from a privately owned arms length company. Opemiska consists of two past producing [...]
Orefinders Resources Inc. is pleased to present its exploration plans, 3D geologic models and geologic interpretations for its Mirado Project located to the southeast of Kirkland Lake, Ontario. A PEA was released in January 2018 highlighting the highly economic South Zone Open Pit zone of the Mirado Project, with a 158% IRR, an after-tax NPV at a 5% discount rate of $20.5 million, and a payback on initial capital of 7 [...]
Orefinders Resources Inc. is pleased to present its exploration plans, 3D geologic models and geologic interpretations for its McGarry Project located along the Cadillac-Larder Lake Break near Virginiatown, Ontario. The McGarry Project has historical indicated and inferred resources of 447,000 tonnes grading 7.89 g/t gold, and 157,000 tonnes grading 5.83 g/t gold, respectively . The mine produced gold as recently as 2013 [...]
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