Deep-South Resources Inc. announces that it has appointed the MSA Group of South Africa to produce an updated National Instrument 43-101 resource estimation for the Company's 100%-owned advanced Haib copper project located in the south of Namibia. The report will follow the completion of the current drilling program. Pierre Leveille, President & CEO of Deep-South stated that: "We are pleased to have appointed MSA; their [...]
Deep-South Resources Inc. announces that it has commenced drilling at its Haib Copper project located in southern Namibia. Ferrodrill has delivered the first drill, while a second drill is currently being mobilized and will be on site in the coming days. The specific focus of this drilling campaign is to further delineate and grow the higher-grade zone of the deposit uncovered by Deep-South in 2019 as the Company advances [...]
Deep-South Resources Inc. - announces that it has appointed Mr. Dean Richards as Vice-President Mineral Resources Development. Mr. Richards has 29 years of geological experience in exploration, mineral resource modeling and estimation, as well as mine planning and design. Before establishing Obsidian Consulting Services in 2006, he worked for 8 years in the technical mining software industry selling, supporting and [...]
Deep-South Resources Inc. , announces that the December 2020 updated Preliminary Economic Assessment report on the Haib Copper project in Namibia has been filed on SEDAR. The report is accessible at www.sedar.com and on the Deep-South website at www.deepsouthresources.com. About Deep-South Resources Inc. Deep-South Resources Inc. is a mineral exploration company largely held by Namibian shareholders and Management [...]
Deep-South Resources Inc. announces that it has closed the non-brokered private placement for an amount of $4,601,211. Pierre Leveille, President & CEO of Deep-South stated that: "We are extremely delighted by the strong demand leading to this financing. We have recently completed a robust updated PEA, we are preparing our upcoming drilling program and with the strong copper price, we are highly optimistic for the coming [...]
Deep-South Resources Inc. is pleased to announce that due to significant demand, it has upsized the previously announced non-brokered private placement from C$2,000,000 to C$4,500,000. Under the revised private placement, the Company will sell 30,000,000 units of the Company at a price of C$0.15 per Unit. Each Unit will be comprised of one common share of the Company and one half of one common share purchase warrant [...]
Deep-South Resources Inc. announces a non-brokered private placement of up to 13,333,333 units of the Company to be sold at a price of C$0.15 per Unit for gross proceeds of up to C$2,000,000. Each Unit will be comprised of one common share of the Company and one half of one common share purchase warrant . Each full Warrant will entitle the holder thereof to acquire one Common Share at a price of C$0.22 for a period of 24 [...]
Deep-South Resources Inc. today announced that it has received the results of the updated Preliminary Economic Assessment from METS Engineering Group on its Haib Copper Project in Namibia. Further to recent increases in the copper price to well over $3.00 per lb, Deep-South revised the Preliminary Economic Assessment on its 100% controlled Haib Copper Project in Namibia. Pierre Leveille, President & CEO of Deep-South [...]
Deep-South Resources Inc. announces that it has Deep-South has granted an aggregate of 2,150,000 stock options of the Company. All the options have been granted to Directors and Officers of the Company. Each option entitles its holder to purchase one common share of the Company at a price of $0.17 per share for a three-year period. The options of the Directors and Officers are vesting every 6 months for a period of 24 [...]
Deep-South Resources Inc. annouces that in light of higher copper price expectations, Deep-South and METS Engineering Group have agreed to update the Preliminary Economic Assessment on its Haib Copper Project in Namibia. The PEA from METS was published on May 20, 2020 and can be viewed on SEDAR or at: https://www.deepsouthresources.com/projects/technical-reports/ "Haib is certainly one of the world’s top undeveloped [...]
Deep-South Resources Inc. Announces that it has entered into an agreement with Ferrodrill Namibia Ltd in order to proceed with the drilling program on the Haib Copper project in the south of Namibia. Ferrodrill is a Namibian drilling contractor providing full drilling services since 2007 and has provided services to a large number companies from exploration to major mining companies. The contract provides for 5,000 meters [...]
Deep-South Resources Inc. announces the appointment of Chad Williams as an independent Director. Concurrently, Paul Smith as resigned as Director and COO of the Company after accepting a senior position at a major mining company. He will be replaced as COO by Jean-Luc Roy who is already a Director of the Company. Chad Williams has an extensive background in capital markets and business management. He is the founder and [...]
+116,67 %
-83,33 %
