District Copper Corp. is pleased to announce that it has entered into two separate arm’s length agreements to acquire 24 map staked minerals units located in the vicinity of Grand Falls, central Newfoundland. The acquisitions are subject to TSX Venture Exchange approval. The first agreement covers eight mining claim units encompassing 200 hectares of mineral exploration lands . These claims will be acquired for, and [...]
District Copper Corp. is pleased to announce commencing the first phase of the summer exploration program on its 100% owned Stony Lake East gold project, located in central Newfoundland, Canada. Highlights: Mapping, sampling, and prospecting has commenced on the Rabbit Tracks gold target utilizing 3 two-man teams. Early results from the work completed at the Rabbit Tracks target indicate epithermal style alteration and [...]
District Copper Corp. is pleased to announce that the Company’s 43-101 Technical Report dated September 18, 2018 referred to in the Company’s news release of February 19, 2019 was filed on Sedar on February 21, 2019. About District Copper District Copper is a Canadian company engaged in exploration for porphyry copper-gold-molybdenum deposits in northwestern British Columbia. For further information, please [...]
District Copper Corp. is pleased to announce commencing its 2019 exploration program on its 100% owned Stony Lake East gold project located in the emerging Cape Ray/Valentine Lake/Alder gold district in central Newfoundland. The program will follow the recommendations set out in the Stony Lake National Instrument 43-101 Technical Report dated September 18, 2018. The first phase of the exploration program consists of a [...]
District Copper Corp. is pleased to announce that it has closed the non-brokered private placement announced on January 30, 2019 for gross proceeds of $590,000. The non-brokered private placement consisted of the placement of 5,900,000 flow-through units and 5,900,000 non-flow-through units each being placed at a price of $0.05 per unit. The FT Unit was comprised of one share and one-half share purchase warrant [...]
This news release is not for distribution in the United States or over United States newswires. District Copper Corp. is pleased to announce that it has now received subscriptions for 11,800,000 units of which 5,900,000 are Flow-Through units being placed at a price of $0.05 per unit and 5,900,000 are Non-Flow-Through units also being placed at $0.05 per unit. The placement is subject to TSX Venture Exchange approval and [...]
District Copper Corp. is pleased to announce that it has received TSX conditional approval for its proposed acquisition of the Stony Lake East Property , located in the province of Newfoundland, on amended terms that eliminate the minimum work requirements as set out in the Company’s news release of August 15th, 2018. The conditional approval requires that the Company raise, by way of a private placement, no less [...]
District Copper Corp. is pleased to announce that it has signed an agreement with an arm’s length third party to acquire, subject to TSX Venture Exchange approval, a 13,025 ha land package known as the Stony Lake East Gold Project contiguous to, and on strike with, Sokoman Iron Corp.’s high-grade, low-sulfidation, epithermal-style Moosehead Gold Project located in the Province of Newfoundland. Stony Lake is [...]
District Copper is pleased to announce that it has closed the first tranche of the flow-through shares portion of its non-brokered private placement announced on June 29, 2018 through the issuance of 6,470,352 flow-through shares for gross proceeds of CDN$549,979.92. As compensation for the placement of flow-through shares in Tranche One, District Copper paid finder’s fees of cash commissions in the amount of [...]
Carmax Mining is pleased to announce that, effective July 3, 2018, the Company’s name will be changed to “District Copper Corp.” and the Company will commence trading on the TSX Venture Exchange under the symbol “DCOP”. The Company is further pleased to announce that it has agreed to make a non-brokered private placement of both non-flow-through units and flow-through shares. In the non-flow [...]
Carmax Mining is pleased to announce that at the adjourned annual meeting of the Company held May 31, 2018, shareholders of Carmax approved a special resolution authorizing the Company to change its name to “District Copper Corp.” subject to Exchange approval. The effective date of the name change remains to be established after the consent of the TSX Venture Exchange is received. About Carmax Carmax is a [...]
Carmax Mining is pleased to announce the appointment of Mr. Cam B. Grundstrom as Chief Operating Officer effective immediately. Mr. Cam B. Grundstrom, B.Sc. Eng., is a mining engineer with extensive operations and development experience. Over his 36-year career he has held key management positions in large mining projects in Canada, USA, and overseas, including assignments in world-class underground and open pit mines [...]
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