Kerr Mines Inc. is pleased to announce the closing of an oversubscribed non brokered private placement . In connection with the placement, the Company will issue 20,371,869 common shares of the Company at a price of $0.30 per Share for total gross proceeds of $6,111,564 . Proceeds exceeded the originally announced target of $5 million due to high [...]
TORONTO, Dec. 5, 2017 /CNW/ - Kerr Mines Inc. is pleased to announce further results of its Phase I drilling program. KER-17U-12 interval of 32.0 feet @ 16.0 g/t Au has been extended by 28.5 feet @ 39.1 g/t Au for a final total interval length of 60.5 feet @ 27.0 g/t Au . Phase I of the program continues to confirm significant gold mineralization [...]
Kerr Mines announces that, further to its November 10, 2017 press release and based on initial subscription results, it intends to complete a non-brokered private placement with proceeds exceeding the originally announced target of $5 million due to high investor interest. Kerr intends to upsize the placement of Shares in the Company at a price of [...]
TORONTO, Nov. 16, 2017 /CNW/ - Kerr Mines Inc. is pleased to announce positive initial metallurgical results including an evaluation into the accretive recovery of copper from gold bearing zones for the upcoming Prefeasibility Study. Highlights Gold recoveries up to 91% Copper present throughout the strike length of the Copperstone Zone [...]
Kerr Mines announces that it intends to complete a proposed private placement offering of approximately 16,666,667 common shares of the Company at a price of $0.30 per Share for gross proceeds of $5 million. The Company will use the net proceeds from the Offering to finance its ongoing exploration program at its flagship Copperstone Mine in Arizona [...]
TORONTO, Nov. 2, 2017 /CNW/ - Kerr Mines Inc. (TSX: KER, OTC: KERMF, FRA: 7AZ1) ("Kerr" or the "Company") is pleased to announce initial results of its Phase I underground drilling program with 10 of 12 drill holes intersecting significant gold mineralization and increasing the confidence in expanding the resource at the Company's Copperstone [...]
TORONTO, Oct. 25, 2017 /CNW/ - Kerr Mines Inc. ("Kerr" or the "Company") (TSX: KER, OTCQB: KERMF, FRA: 7AZ1) is pleased to announce that shareholders voted in favour of all resolutions presented in its management information circular at the annual meeting (the "Meeting") held on October 24, 2017. A total of 102,449,584 common shares were voted at [...]
TORONTO, Oct. 24, 2017 /CNW/ - Kerr Mines Inc. ("Kerr" or the "Company") (TSX: KER, OTC: KERMF, FRA: 7AZ1) is pleased to announce the discovery of a new mineralized zone at the Copperstone Project. The newly realized Footwall Zone has been established as a mineralized zone by combining the drilling results of the 2017 Phase one surface exploration [...]
CEO of Kerr Mines, Claudio Ciavarella, speaks on the advancement of their flagship mine, The Copperstone Mine. If you cannot view the video abov. Kerr Mines is being featured on CBC's Documentary Channel Nov 27— Dec. 10, 2017 Monday through Friday, throughout the day and evenings. Kerr Mines : The Copperstone Mine produced nearly one-half million [...]
TORONTO, Oct. 17, 2017 /CNW/ - Kerr Mines Inc. ("Kerr" or the "Company") (TSX: KER, OTC: KERMF, FRA: 7AZ1) is pleased to announce it is in the process of acquiring exploration permits for new exploration targets based on geophysical anomalies at its Copperstone project in Arizona. 541 hectares (1,338 acres) of additional permitted land [...]
TORONTO, Oct. 11, 2017 /CNW/ - Kerr Mines Inc. ("Kerr" or the "Company") (TSX: KER, OTC: KERMF, FRA: 7AZ1) is pleased to announce its financial results for the year ended June 30, 2017. The June 30, 2016 Audited Financial Statements, Management's Discussion and Analysis and the Company's Annual Information Form are available at www.sedar.com. The [...]
TORONTO, Oct. 6, 2017 /CNW/ - Kerr Mines Inc. ("Kerr" or the "Company") (TSX: KER, OTC: KERMF, FRA: 7AZ1) The securities trade halt on October 5th, 2017 was prompted by a delay in filing of the documents related to the year ended June 30th, 2017. The Company is working to resolve the issue in the most efficient and timely manner. The Company has [...]