Eureka Resources is pleased to announce that it has signed an amalgamation agreement dated February 24, 2018 with Kore Mining, pursuant to which Eureka has agreed to acquire all of the outstanding common shares of Kore in exchange for common shares of Eureka by way of a three-cornered amalgamation. Kore, indirectly through its wholly-owned US subsidiaries, owns 100% interests in the Imperial and Long Valley gold [...]
Eureka Resources announced today that is has closed the second and final tranche of its non-brokered private placement of common shares previously announced in press releases dated November 27, December 29, 2017 and January 18, 2018. Eureka placed 4,000,000 common shares in the first tranche of the Offering at $0.025 per share for gross proceeds of $100,000. In connection with closing the first tranche, the Company paid [...]
Eureka Resources announced today that, further to its press releases of November 27, and December 29, 2017, it has amended the terms of its previously announced non-brokered private placement of up to $175,000 . The second tranche of the Offering will now consist of up to 2,142,857 common shares at a price of $0.035 per Share, for gross proceeds of up to $75,000. All Shares issued pursuant to the Offering are subject to a [...]
Eureka Resources announced today that is has closed the first tranche of its non-brokered $175,000 private placement of 7,000,000 common shares , at $0.025 per common share, previously announced November 27, 2017 . Eureka placed 4,000,000 Shares in the first tranche of the Offering for gross proceeds of $100,000. In connection with closing the first tranche, the Company paid finder's fees of 7% cash totaling $4,550 [...]
Eureka Resources announced today that it is commencing a review of strategic alternatives focused on maximizing shareholder value. Potential strategic alternatives that may be explored or evaluated by Eureka include business combinations, joint ventures or other strategic transactions. The Company has not made a decision to pursue any specific transaction or other strategic alternative, and there can be no assurance that [...]
Eureka Resources is pleased to provide investors with an update on Eureka's exploration activities primarily focused on mineral properties in the historic gold districts of the Klondike in the Yukon Territory and the Cariboo region of British Columbia. Summary of recent activity Recent accomplishments include the following: Announced positive results from the drilling program completed at Gold Creek in the Cariboo (News [...]
Eureka Resources is pleased to announce that 2017 exploration programs will commence immediately on the Company's 100 percent owned Etta, Tak and the Sheba claims located in Yukon's historic Klondike Gold District. Exploration will follow up on data collected in May 2017 from an airborne VTEM time domain system and magnetic survey flown by Geotech Ltd. The survey was conducted over all of the Company's properties in the [...]
Eureka Resources is pleased to announce that it has received assay results from its three hole diamond drill program within the "Camp" zone at its Gold Creek Property located in the Cariboo Mining District, near Likely. The best results include 33.20 g/t Au over 1.25 m in hole 35 and 17.95 g/t over 1.5m in hole 34. Drill collars located within and adjacent to Spanish Mountain Gold Ltd. core storage area. To view an [...]
Eureka Resources is pleased to announce that it has completed all requirements to earn a 100% interest in the Gold Creek property. The exploration expenditures incurred in Eureka's May 2017 drill program satisfied the work commitment portion of the Gold Creek option. In addition, the Company has issued 150,000 common shares to Bullion Gold Resources Corp. (TSX-V: BGD) to complete the share commitment portion of the option [...]
Eureka Resources is pleased to announce that it has added to its claims in the Klondike area of the Yukon and in the Cariboo Gold District in British Columbia. The Yukon properties addition was staked in an area close to the Sheba and Ophir Claims. The ETTA 1-24 claims, staked in early May 2017, cover the south flank of the Indian River valley as well as tributaries of Eureka Creek, both of which support highly productive [...]
Vancouver, British Columbia--(Newsfile Corp. - July 5, 2017) - Eureka Resources Inc. (TSXV: EUK) ("Eureka" or the "Company") announced today that Canarc Resources Corporation ("Canarc") has terminated the option agreement in respect of the FG Property ("FG" or the "Property") located in the Cariboo Mining Division of British Columbia (for details of the Canarc option agreement see Eureka's news release dated August 25 [...]
Eureka Resources is pleased to announce that it has completed an initial diamond drill exploration program at its Gold Creek Property located in the Cariboo Mining District, near Likely, British Columbia. Gold Creek was acquired by Eureka by way of an option agreement in November 2016. The Property consists of 33 mineral claims covering 9,673 hectares and is accessed via a well-maintained all-weather road. The 2017 [...]
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