Braveheart Resources Inc. announced today that an up-dated Ground Control Management Plan for its Bull River Mine project has been completed. The GCMP was prepared by North Rock Mining Solutions Inc., reviewed and certified by J. Roland Tosney, P.Eng. This is an important milestone for the Company as the GCMP underpins the overall mine design. Underground mining activities at the BRM are regulated through the BC Mines Act [...]
Braveheart Resources Inc. announced today that the Company is not aware of any undisclosed material information that might be contributing to the recent decline in the Company's share price. Braveheart continues to work with the Ministry of Energy, Mines and Low Carbon Innovation , the Ministry of Environment and Climate Change Strategy and the Environmental Assessment Office of British Columbia on its pre-application [...]
Braveheart Resources Inc. has closed a financing for proceeds of $65,650, comprising of 937,857 units with an issue price of $0.070 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable into a common share at an exercise price of $0.105 per share for a period of two years. All securities issued under the offering are subject to a statutory hold period that [...]
Braveheart Resources Inc. announces that it has closed a flow-through unit financing for gross proceeds of $396,000 comprised of 4,400,000 units at an issue price of $0.09 per unit. Each unit consists of one flow-through common share and one-half of one common share purchase warrant. Each whole warrant is exercisable into a common share at an exercise price of $0.135 per share for a period of two years. The Company paid [...]
Braveheart Resources Inc. hereby announces that Mr. Phil Keele has resigned as a Director of the Company effective June 13, 2022 to pursue other interests. During his five years with the Company Mr. Keele served as a former President, CEO and Director. The Company thanks Mr. Keele for his services and wishes him the best in his future endeavours. Ian Berzins, President and CEO commented, "I want to thank Phil for his [...]
Braveheart Resources Inc. hereby announces that the Preliminary Economic Assessment for its 100% owned Bull River Mine, near Cranbrook, B.C. has been suspended pending an improvement in metal prices. The Company originally announced commencement of the PEA on February 9, 2022, with an expected completion within 120 days. When Braveheart originally commissioned the study, the price of copper was US$4.50 per lb. Since that [...]
Braveheart Resources Inc. is pleased to announce that the Company has completed a Loan Conversion Agreement with Matlock Farms Ltd. . Braveheart and the Lender are parties to a loan agreement dated January 19, 2019, as amended January 19, 2021, pursuant to which Braveheart has borrowed a principal amount of $5,000,000 from the Lender. The parties have entered into this Agreement to amend the terms of the Loan Agreement to [...]
Braveheart Resources Inc. is pleased to announce that the Company has entered into a Capacity Funding Agreement with the Ktunaxa Nation Council regarding its Bull River Mine Project near Cranbrook, British Columbia. The Bull River Mine Project is located within ʔamakʔis Ktunaxa, the traditional territory of the Ktunaxa Nation . In this agreement, the KNC represents the Ktunaxa Nation at the direction of the four Ktunaxa [...]
Braveheart Resources Inc. is pleased to announce the receipt of an Early Exploration Permit from the Ontario Ministry of Northern Development, Mines, Natural Resources and Forestry for its Thierry Mine Property near Pickle Lake, Ontario. The Company has begun preparations for an initial 5,000 metre drill program at Thierry beginning in the summer of 2022. Initial targets will be focused on the K1-1 near-surface open pit [...]
Braveheart Resources Inc. has completed an updated Preliminary Economic Assessment for its Thierry Mine Project near Pickle Lake, Ontario. The updated PEA was independently prepared by P&E Mining Consultants Inc. of Brampton, Ontario under the supervision of Eugene J. Puritch, P.Eng., FEC, CET. Highlights of the updated PEA The updated PEA focused on mining of the Mineral Resources at the Thierry underground mine by [...]
Braveheart Resources Inc. announces that nickel and palladium by-product credits are becoming increasingly significant to Braveheart at its 100% owned Thierry Mine Project . Thierry is a past-producing open pit and underground mine with copper, nickel, palladium, silver, platinum and gold metal values with copper being the primary metal. On February 22, 2021, an independently prepared Preliminary Economic Assessment by [...]
Braveheart Resources Inc. has closed a financing for proceeds of $826,250, comprising of 11,016,667 units with an issue price of $0.075 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable into a common share at an exercise price of $0.1175 per share for a period of two years. The Company paid commissions to eligible finders under the offering totalling $4,500 [...]
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