Rocky Shore Gold Ltd. is pleased to announce that it has closed the previously announced transaction with a subsidiary of Barrick Mining Corp. for cash consideration of CAD$975,000 . The Transaction included all Ontario claims owned by the Company, including the claims subject to an earlier option agreement , which was terminated on closing of the Transaction. The Company retains a variable-rate royalty of up to 0.50% Net [...]
Rocky Shore Gold Ltd. is pleased to announce that a fully permitted summer exploration program has begun at its 100% owned Gold Anchor Project in central Newfoundland, Canada. The program will focus on its recently discovered 6,000-metre-long Lane Pond Gold Target, which is strategically located along the prolific, gold-bearing Appleton Fault. The Appleton Fault is a major gold-bearing fault zone trending for greater than [...]
Rocky Shore Gold Ltd. is pleased to announce that it has entered into a definitive agreement with a subsidiary of Barrick Mining Corp. to sell its Hemlo-area mineral claims near Marathon, Ontario for cash consideration of CAD$975,000 . This Agreement includes all Ontario claims owned by the Company, including the claims subject to an earlier option agreement , which will be terminated on closing of the Transaction. The [...]
Rocky Shore Gold Ltd. is pleased to announce that its initial prospecting and surface sampling program at its 100%-owned, district-scale Gold Anchor Project, located in Newfoundland, has identified a highly prospective 6.0-kilometre-long gold target termed the Lane Pond Gold Target . The Target is located above the Appleton Fault Corridor; a known gold-bearing fault on the adjoining Queensway Project controlled by [...]
Rocky Shore Gold is pleased to announce that it has staked additional ground that now extends the gold-bearing Appleton Fault Corridor to more than 20 kilometres within the Company's Gold Anchor Project. The Appleton Fault Corridor is known to host major gold discoveries northeast of the Gold Anchor Project. Mr. Ken Lapierre, President and CEO of Rocky Shore commented, "Staking an additional five kilometres to the [...]
Rocky Shore Gold is pleased to announce that it has engaged CHF Capital Markets. “Rocky Shore Gold is pleased to partner with CHF Capital Markets as we embark on a critical phase of our growth. With CHF and its CEO, Cathy Hume, both highly esteemed in the mining sector, we are poised to significantly enhance our communications, social media presence, and outreach within the investment community,” stated Mr. Ken Lapierre [...]
Hemlo Explorers Inc. is pleased to announce that, following the shareholder's meeting held on January 30, 2025, Ken Lapierre has been appointed as President and Chief Executive Officer, effective February 1, 2025. Concurrently, Brian Howlett, the former Chief Executive Officer, has been appointed Chairman of the Board of Directors. Mr. Brian Howlett commented, "It has been my honour to serve as CEO of Hemlo Explorers Inc [...]
Hemlo Explorers Inc. is pleased to announce that it has discovered in-situ visible gold, visible gold in a boulder, multiple priority gold targets, the southwest continuation of the Appleton and JBP gold bearing fault corridors and large unexplored fault corridors within the Gold Anchor Project in central Newfoundland . Gold Anchor 2024 Reconnaissance Exploration Highlights: Gold Bearing Structure/Geology: Identified the [...]
Hemlo Explorers Inc. is pleased to announce that it has closed its previously announced non-brokered private placement and has issued an aggregate of 2,352,940 "flow-through" shares at an issue price of $0.085 per FT Share for aggregate gross proceeds of $200,000. Each FT Share was issued as a "flow-through share" of the Income Tax Act ). The proceeds of the Offering will be used for the exploration and advancement of the [...]
Hemlo Explorers Inc. is pleased to announce a non-brokered private placement of up to 2,941,176 flow-through shares at an issue price of $0.085 per "flow-through" shares for aggregate gross proceeds up to $250,000. Each FT Share will be issued as a "flow-through share" of the Income Tax Act ). The proceeds of the Offering will be used for the exploration and advancement of the Company's Central Newfoundland projects, and [...]
Hemlo Explorers Inc. is pleased to announce that it has closed its previously announced non-brokered private placement and has issued an aggregate of 27,100,000 units at an issue price of $0.05 per Unit and 12,900,000 "flow-through" shares at an issue price of $0.05 per FT Share for aggregate gross proceeds of $2,000,000. Each Unit is comprised of one common share and one Common Share purchase warrant , with each Warrant [...]
Hemlo Explorers Inc. is pleased to announce that, due to the high level of interest, it has increased the size of its non-brokered private placement to now raise aggregate gross proceeds of up to $2,000,000 through the sale of a combination of up to 40,000,000 units at a price of $0.05 per Unit and flow through shares at a price of $0.05 per FT Share. The other terms of the Offering remain unchanged from the Company's [...]