Lithoquest Resources announced that it has completed the twelve-month option payment to Landore Resources Canada in connection with its Option Agreement to acquire a 100% interest in two gold projects located in northwest Ontario: the 5,494 ha Miminiska Gold Project and the 12,482 ha Keezhik Gold Project. The payment consisted of $250,000 cash and the issuance of 3,421,916 common shares at a deemed price of $0.146117 per [...]
Lithoquest Resources announced that it has entered into an Option Agreement to acquire a 100% interest in the 615ha Gold Standard Project located in northwest Ontario. The Company has also staked an additional 252 mineral claims surrounding the Gold Standard property, bringing the total project area to 5,953 ha. "Gold Standard augments the Company's portfolio of projects in northwest Ontario," commented Bruce Counts [...]
Lithoquest Resources announced that it has completed ground geophysical surveys, identified high-priority targets, and conducted drilling on the Miminiska Prospect located within the traditional territory of the Eabametoong First Nation in northwestern Ontario. "Results continue to support our thesis that the Miminiska Prospect represents an exceptional opportunity," stated Bruce Counts, President and CEO of Lithoquest [...]
Not for distribution to the United States news wire services or for dissemination in the United States Lithoquest Resources Inc. today announced that it has today closed the non-brokered private placement announced on February 10, 2022 . The closing is subject to final acceptance of the TSX Venture Exchange. Pursuant to the Offering, the Company has issued 9,149,414 units at a price of $0.115 per Unit, 5,502,500 [...]
Not for distribution to the United States news wire services or for dissemination in the United States Lithoquest Resources Inc. today announced that it will conduct a non-brokered private placement , subject to the approval of the TSX Venture Exchange , for aggregate gross proceeds of up to $3,500,000. The Offering will consist of units at a price of $0.115 per Unit, flow-through units at a price of $0.14 per FT Unit [...]
Lithoquest Resources announced it has appointed Mr. Harvey Yesno, former Chief of the Eabametoong First Nation, as an Advisor to the Company. In addition, Lithoquest has contracted JM Development Solutions to assist with engaging the Eabametoong community in discussions regarding the advancement of its high-grade gold properties in northwestern Ontario: Miminiska, Keezhik and Attwood. "I am honoured that Mr. Yesno has [...]
Lithoquest Resources Inc. is pleased to announce that it has completed the six-month option payment in connection with its Option Agreement with Landore Resources Canada Inc. to acquire a 100% interest in two gold projects located in northwest Ontario: the 5,494 ha Miminiska Gold Project and the 12,482 ha Keezhik Gold Project. The payment consisted of $250,000 cash and the issuance of 4,507,093 common shares at a deemed [...]
Lithoquest Resources Inc. today announced that it has commenced a field program of prospecting and geochemical sampling on its gold properties located in NW Ontario beginning with the Keezhik Project "The presence of high-grade gold at several locations at Keezhik indicates its potential for a significant discovery," stated Bruce Counts, President and CEO of Lithoquest. "We are excited to begin the process of [...]
Lithoquest Resources Inc. today announced that it has successfully completed high-resolution airborne magnetic surveys over its three gold projects in NW Ontario: Attwood, Keezhik and Miminiska . "The Company is pursuing high-grade gold hosted in banded iron formation; and detailed magnetic surveys are a powerful tool for locating the targeted lithology as well as the associated fault, fold and shear structures that [...]
Lithoquest Resources Inc. is pleased to announce that it has completed a Laser Imaging, Detection and Ranging survey over its three gold projects located in NW Ontario: Attwood, Keezhik and Miminiska . "The goal of this year's exploration work is to vector in on the most prospective areas for drilling in Q1, 2022," stated Bruce Counts, President and CEO of Lithoquest. "LIDAR is a valuable tool for helping to identify the [...]
Lithoquest Resources Inc. is pleased to announce that it has appointed global investment and capital markets professional, Mr. Rahim Kassim-Lakha, as a strategic advisor. Rahim will act as a special advisor to the CEO and the Board of Directors to evaluate corporate development opportunities such as mergers, acquisitions, and joint ventures, as well as assist with the financing needs of the Company. He is the founder and [...]
Lithoquest Resources Inc. today announced that the Company has granted stock options in accordance with the terms and conditions of its rolling Stock Option Plan, entitling the purchase of an aggregate 2,500,000 common shares by certain directors, consultants, and advisors to the Company. Each stock option will be exercisable at $0.15 per common share until July 9, 2026. Neither the TSX Venture Exchange nor its Regulation [...]
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