Minsud Resources Corp. is pleased to announce that, further to the Company's press release dated April 13, 2023, Minsud Argentina , a wholly owned subsidiary of the Company, has exercised its Cash-In Option relating to South32 Aluminium's earn-in right to acquire a 50.1% ownership interest in Minera Sud Argentina, Minsud's indirect Argentinian subsidiary that holds and operates the flagship Chita Valley Project. The [...]
Minsud Resources Corp. is pleased to announce the receipt of assay results from nine additional drillholes, which were completed as part of the ongoing Phase IV drilling program at the Chita Valley Project. Fifty-two drillholes have been completed to date in the Phase IV program, encompassing a total of 38,991 metres. Assay results have been received from drillholes CHDH23-82 through CHDH23-90, which total 8,186 metres [...]
Minsud Resources is pleased to announce that Minera Sud Argentina S.A., the Company's Argentine indirect subsidiary, has exercised its option to purchase the remaining 35% beneficial interest in the Minas de Pinto Trust, and has become the indirect owner of 100% of the Minas de Pinto property. The Minas de Pinto property represents one of the main properties in the Company's flagship Chita Valley Project. MSA has paid the [...]
Minsud Resources is pleased to announce the receipt of assay results from nine additional drillholes, which were completed as part of the ongoing Phase IV scout drilling program at the Chita Valley Project. Forty drillholes have been completed to date in the Phase IV program, encompassing a total of 28,674 m. Assay results have been received from drillholes CHDH23-73 through CHDH23-81, which total 6,691.2 metres. Key [...]
Minsud Resources is pleased to announce that it has granted an aggregate of 5,300,000 incentive stock options under the Company's stock option plan, out of which an aggregate of 4,000,000 options were granted to certain directors and the Chief Executive Officer of the Company. The options are exercisable at price of $0.696 per share, expire on May 11, 2028 and will be subject to the following vesting terms: one-quarter [...]
Minsud Resources Corp. is pleased to announce the receipt of assay results from four additional drillholes, which were completed as part of the ongoing Phase IV scout drilling program at the Chita Valley Project, San Juan province, Argentina. Thirty-three drillholes have been completed to date in the Phase IV program, encompassing a total of 23,420 metres. Assay results have been received from the additional four drill [...]
Minsud Resources Corp. is pleased to announce that it has granted an aggregate of 100,000 incentive stock options under the Company's stock option plan to certain directors of the Company. The options are exercisable at price of $0.375 per share, expire on April 27, 2028 and will vest immediately. As of the date hereof, a total of 16,389,069 common shares of the Company are reserved for issuance under the Company's stock [...]
Minsud Resources Corp. is pleased to announce that, further to the Company's press release dated November 4, 2019, South32 Aluminium Pty Ltd. a wholly owned subsidiary of South32 Limited, has exercised its earn-in right to acquire a 50.1% ownership interest in Minera Sud Argentina S.A., Minsud's indirect Argentinian subsidiary that holds and operates the flagship Chita Valley Project. In accordance with the terms of the [...]
Minsud Resources Corp. is pleased to announce the receipt of assay results from the ongoing Phase IV scout drilling program at the Chita Valley Project. To date, the Phase IV program has completed 28 drillholes for 19,058m. Assay results have been recently received from an additional nine drillholes totaling 6,179m, specifically from drillholes CHDH22- 60 through to CHDH22-65, and CHDH23-66 to CHDH23-68 . The drilling [...]
Minsud Resources Corp. is pleased to announce that a wholly-owned subsidiary of South32 Limited has given notice, in terms of the earn in agreement executed in Nov 2019, of its intention to fund the C$9.1 million Year 4 exploration budget and program to advance the Chita Valley Project in San Juan Province, Argentina. Highlights of the Year 4 Approved Program and Budget Investment of approximately C$9.1 million fully [...]
Minsud Resources Corp. is pleased to announce that it has granted an aggregate of 2,450,000 incentive stock options under the Company's stock option plan to certain directors, officers and employees of the Company. The options are exercisable at price of $0.30 per share, expire on January 9, 2028 and will be subject to the following vesting terms: one-quarter shall vest on January 9, 2023, one-quarter shall vest on June [...]
Minsud Resources Corp. is pleased to announce receipt of assay results from the additional nine drillholes completed in the ongoing Phase IV scout drilling program at Chita Valley Project, San Juan province, Argentina. Twenty-three drillholes were completed to date this year, encompassing a total of 15,836m. Assay results have been received for additional nine drill holes totaling 6,250m, which included drillholes [...]