Deep-South Resources announces the appointment of Jean-Luc Roy as Director and the resignation of Hugo Monette from the board of directors. Mr. Roy has been a major contributor to the development of several important corporations in Africa during the last 30 years working for majors, mid-tiers and junior exploration companies. He brings to Deep-South, as Independent Director, a wealth of experience in all aspects of [...]
Deep-South Resources announces that it has closed the acquisition of 90% of the St John project, neighboring the Kokoya gold mine situated in the northeast of Liberia. Deep-South has acquired 90% of the common shares of Jarjlokpo Resources Ltd, which holds the Reconnaissance Licence forming the St John project, in consideration for a cash payment of US $ 20,000.00 and the issuance of 250,000 common shares of Deep-South to [...]
Deep-South Resources announced today that the Preliminary Economic Assessment report on the Haib Copper project in Namibia has been filed on SEDAR. The report is accessible and on the Deep-South website. Deep-South Resources is a mineral exploration company largely held by Namibian shareholders and Teck Resources, which holds about 35% of Deep-South share capital. Deep-South is actively involved in the acquisition [...]
Deep-South Resources is pleased to announce the voting results from the company's annual general meeting held in Vancouver, on February 27, 2018. A total of 27,972,452 common shares were represented at the AGM, representing 51.75% of the votes attached to all outstanding common shares as at the record date. All of the matters submitted to the shareholders for approval as set out in the company's notice of meeting and [...]
Deep-South Resources today announced that it has received the results of a Preliminary Economic Assessment from Mineral Engineering and Technical Services of Australia on its Haib Copper project in Namibia. Highlights of PEA Four recovery options were considered for economic evaluation. The best economic outcome is derived by using option 3 which combines an initial ore sorter upgrade with subsequent heap leaching of the [...]
Deep-South Resources announced today that the independent NI 43-101 Resource estimation 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 Teck Resources Ltd., which [...]
Deep-South Resources has disclosed today its independent NI 43-101 Resource estimation on the Haib Copper project in Namibia. Deep-South has also announced that Midas Engineering and Technical Services of Australia has been appointed to complete a Preliminary Economic Assessment, that should be available by the end of February 2018. Mr. Pierre Leveille, President & CEO of Deep-South stated that: "With the initial resource [...]
Deep-South Resources is pleased to announce that it has signed a letter of agreement to acquire from Sparrowhawk Gold Ltd , 90% of the St John project, neighboring the Kokoya gold mine situated in the northeast of Liberia. Upon completion of a satisfactory due diligence, Deep-South shall acquire 90% of the common shares of Jarjlokpo Resources Ltd, which holds the Reconnaissance Licence forming the St John project, in [...]
eep-South Resources announces that it has closed a second tranche of its non-brokered private placement for gross proceeds of up to $227,700 . The non-brokered private placement comprises 1,035,000 units of Deep-South, at a subscription price of $0.22 per Unit. Each Unit consist of one common share and one half of one common share purchase warrant of Deep-South. Each full Warrant entitles the holder thereof to purchase [...]
Deep-South Resources announces that the Company has obtained the authorization of the TSX Venture Exchange to extend the private placement previously announced on September 6, 2017. The private placement has been extended for 30 days and the closing of the second tranche will take place on or before December 1st 2017. The terms of the private placement are as follows: The Company will proceed with a non-brokered private [...]
Deep-South Resources announces that it has closed a non-brokered private placement for gross proceeds of up to $195,140. Procedures to close a second tranche will start shortly. The non-brokered private placement comprises 887,000 units of Deep-South, at a subscription price of $0.22 per Unit. Each Unit consist of one (1) common share and one half (1/2) of one common share purchase warrant ("Warrant") of Deep-South. Each [...]
Deep-South Resources announces that its legal and technical consultants have visited the INal project in Mauritania and have completed their due diligence. The Company is awaiting final legal and technical reports concerning the acquisition of 75% of the project. Details of the transaction have been previously disclosed in a press release dated August 23, 2017. The press release be seen on SEDAR or by clicking this link [...]