Peloton Minerals Corp.

Peloton Minerals Corp. has completed an amendment to an existing drilling permit enabling it to drill a series of coincident anomalies identified at the Company's Golden Trail Project in Elko County, Nevada . Twenty-four hundred feet of reverse circulation drilling is planned for December, 2020 or about 12 drill holes. Golden Trail is a gold exploration prospect that has a Carlin-style alteration mineral assemblage [...]

Peloton Minerals Corp. has received subscriptions for a private placement totaling CDN$372,500 and consisting of 4,966,667 units priced at CDN$0.075 per unit. Each unit consists of one common share and one common share purchase warrant exercisable for three years at $0.125. The Company previously announced on August 20,2020 the closing of $595,097 in private placement financing on similar terms. Of the total Private [...]

Peloton Minerals Corp. has granted a total of 150,000 incentive stock options to a consultant of the Company. These options are exercisable over five years at an exercise price of $0.12. For further information please contact: Edward Ellwood, MBA President & CEO 1-519-964-2836 Peloton Minerals Corp. is a reporting issuer in good standing in the Provinces of British Columbia and Ontario whose common shares are listed on [...]

Peloton Minerals Corp. has recently granted a total of 500,000 incentive stock options to directors of the Company. These options are exercisable until June 7, 2024 at an exercise price of $0.10. These stock options replace 500,000 stock options exercisable at $0.08 that expired July 2, 2019. For further information please contact: Edward Ellwood, MBA President & CEO 1-519-964-2836 Peloton Minerals Corp. is a reporting [...]

Peloton Minerals Corp. has received subscriptions for a non-brokered private placement totaling CDN$597,097.10 and consisting of 7,934,629 units priced at CDN$0.075 per unit. Each unit consists of one common share and one common share purchase warrant exercisable for three years at $0.125. Proceeds will be used to advance gold exploration in Nevada and working capital. Peloton has three gold exploration projects in Elko [...]

Peloton Minerals has modified the expiry time of certain outstanding warrants of the Company held by previous private placement investors as follows: 4,827,999 warrants exercisable at a price of CDN$0.10 until 5:00 pm on August 31, 2020 are now exercisable until 5:00 pm on August 31, 2022. For further information please contact: Edward Ellwood, MBA President & CEO 1-519-964-2836 Peloton Minerals Corp. is a reporting [...]

Peloton Minerals has modified the expiry time of certain outstanding warrants of the Company held by previous private placement investors as follows: 4,034,090 warrants exercisable at a price of CDN$0.10 until 5:00 pm on June 30, 2020 are now exercisable until 5:00 pm on June 30, 2022. For further information please contact: Edward Ellwood, MBA President & CEO 1-519-964-2836 Peloton Minerals Corp. is a reporting issuer in [...]

Peloton Minerals has received subscriptions for the first tranche of a non-brokered private placement with the first tranche being CDN$244,370 and consisting of 3,258,264 units priced at CDN$0.0.75 per unit. Each unit consists of one common share and one common share purchase warrant exercisable for three years at $0.125. In addition, the Company President and CEO instructed the Company to write-off CDN$184,218 in un-paid [...]

Peloton Minerals and joint venture partners Frederick Private Equity Corporation and African Metals Corporation have received an encouraging report from the project geologist on drilling completed in late 2019 at the Company's Silver Bell St. Lawrence Project in Montana. Frederick/African Metals may earn up to a 75% interest in the SBSL project by spending US$2,000,000, including the funding of this past drilling program [...]

Peloton Minerals Corp. advanced all four of the Company's gold exploration projects during 2019 and all four projects are recommended for follow-up exploration programs in 2020. Three of the projects are located in Elko County and one project is in the Virginia City Mining District with the 2019 exploration results and 2020 plans provided in alphabetical order of the project as below. Golden Trail Project - In late 2019 [...]