West Red Lake Gold Mines Ltd. is pleased to announce that Mr. Tim Twomey, P.Geo has joined the Company as a Technical Advisor on their West Red Lake Project. As Technical Advisor, Tim Twomey will assist the Company in target generation and ongoing exploration activities in the Red Lake Mining. Mr. Twomey brings over 39 years of exploration, production and management expertise. He is an accomplished expert in structural [...]
West Red Lake Gold Mines Ltd. is pleased to announce that it has commenced its 2023 Phase 1 drill program at its 100% owned West Red Lake Gold Project. The West Red Lake Gold Project is a 3,100-hectare area consisting of three properties all located in the Red Lake District of Ontario and borders Evolution Mining's Red Lake gold complex. The Phase 1 drill program consists of 7,000 metres of oriented diamond core drilling [...]
West Red Lake Gold Mines Ltd. is pleased to announce that further to its news release of February 23, 2023, the Company has closed the acquisition to increase its ownership in the Rowan Property from 72% to 100% by purchasing the remaining 28% interest from Evolution Mining Limited. The Rowan Property is the most advanced property within the West Red Lake Gold Project, a 3,100-hectare area consisting of three properties [...]
West Red Lake Gold Mines Ltd. is pleased to announce that it has entered into an agreement with Evolution Mining Limited, to increase its ownership in the Rowan Property from 72% to 100% by purchasing the remaining 28% interest from Evolution. The Rowan Property is the most advanced property within the West Red Lake Gold Project, a 3,100-hectare area consisting of three properties . The Rowan Property is located north of [...]
West Red Lake Gold Mines Ltd. is pleased to announce drill results from its 2022 drilling campaign at the Rowan Property. The program consisted of 13 holes totaling 4,189 meters of drilling highlighted by drill hole RLG-22-119 which intersected 12.5 grams per tonne gold over 3 metres at the NT Zone. The Rowan Property is the main property within the West Red Lake Gold Project, a 3,100-hectare area consisting of three [...]
Further to its news release dated Dec 30, 2022, the Company is pleased to announce that in connection with its business combination with West Red Lake Gold Mines Inc., it has filed a National Instrument 43-101 Technical Report on the West Red Lake Project prepared for the Company which contains a mineral resource estimate on the Mount Jamie Mine, Pipestone Bay Gold deposit and Rowan Mine Project with an effective date of [...]
West Red Lake Gold Mines Ltd. and West Red Lake Gold Mines Inc. are pleased to announce that they have completed their business combination pursuant to which West Red Lake has acquired all of the issued and outstanding common shares of RLG in consideration for the issuance of 0.1215 of a West Red Lake common share for each RLG common share acquired. Pursuant to the Transaction, the RLG shareholders will receive 0.1215 of [...]
DLV Resources and [West Red Lake Gold Mines are pleased to announce that they have entered into an amalgamation agreement in connection with the previously announced binding agreement pursuant to which DLV has agreed to acquire all of the issued and outstanding common shares of RLG in consideration for the issuance of 0.1215 of a DLV common share for each RLG common share acquired. RLG currently intends to hold a [...]
DLV Resources Ltd. and West Red Lake Gold Mines Inc. are pleased to announce that they have entered into an arm's length binding agreement pursuant to which DLV has agreed to acquire all of the issued and outstanding common shares of RLG in consideration for the issuance of 0.1215 of a DLV common share for each RLG common share acquired. Upon closing of the Transaction, it is intended that DLV will be listed on Tier 2 of [...]
DLV Resources is pleased to announce that the Board of Directors of the Company has approved a consolidation of its issued and outstanding share capital on the basis of one new common share for every five outstanding common shares. Subject to approval from the TSXV, the Consolidation will be effective at the opening of the market on or about Friday, July 15, 2022. The Company will not change its name as part of the [...]
DLV Resources Ltd. is pleased to announce that pursuant to shares purchased in the market, Frank Giustra has become an insider of the Company. The Company has been advised that Frank Giustra has acquired, through his joint actors, indirect ownership and or control of 7,225,000 common shares of DLV Resources Ltd. representing approximately 9.72% of the issued and outstanding common shares of the Company. Prior to the [...]
DLV Resources Ltd. is pleased to announce the closing of its non-brokered private placement of 40,000,000 units at a price of $0.08 per unit for total gross proceeds of $3,200,000. Each Unit consists of one common share of the Company and one common share purchase warrant . Each Warrant entitles the holder thereof to acquire one common share of the Company at an exercise price of $0.11 until February, 26, 2019. All shares [...]
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