Canadian Orebodies Inc. is pleased to announce that it has closed the previously announced purchase of the West Hemlo and North Hemlo properties from O3 Mining Inc. in the Hemlo mining district of Ontario . The West Hemlo property is located approximately five kilometers south of the Company’s flagship Pic Project and is situated along the east-central part of the Archean Schreiber-Hemlo greenstone belt. The North Hemlo [...]
Canadian Orebodies Inc. is pleased to announce that it has signed a definitive agreement, dated April 20, 2020, to acquire the West Hemlo and North Hemlo properties from O3 Mining Inc. in the Hemlo mining district of Ontario. The West Hemlo property is located approximately five kilometers south of the Company’s flagship Pic Project and is situated along the east-central part of the Archean Schreiber-Hemlo greenstone [...]
Canadian Orebodies Inc. is pleased to announce that it has appointed Brian Howlett to the position of President and Chief Executive Officer. In addition, Mr. Howlett will join the Company’s Board of Directors. Mr. Howlett is a seasoned professional with over 30 years of senior management experience. Mr. Howlett is the former President and Chief Executive Officer of Dundee Sustainable Technologies Inc and remains on [...]
Canadian Orebodies Inc. is pleased to announce that it has closed the non-brokered private placements that were previously announced on January 10, 2020 and February 13, 2020. The Company raised aggregate gross proceeds of $1,174,000 through the sale of 4,920,000 common shares at a price of $0.10 per Share, 850,000 flow-through common shares at a price of $0.12 per FT Share, and 4,000,000 flow-through common shares at a [...]
Canadian Orebodies Inc. reports that the Company has received approval from the TSX Venture Exchange to extend the closing of the non-brokered private placement as announced on January 10, 2020, for an additional 30 days. All terms pursuant to the Financing remain unchanged. In addition, the Company is pleased to announce an additional private placement of flow-through common shares at a price of $0.145 per Premium FT [...]
Canadian Orebodies Inc. is pleased to announce a plan to rebrand the company as Hemlo Explorers Inc., seek approval to consolidate the outstanding common shares, and undertake a $1,000,000 non-brokered private placement financing with a lead order from Robert Cudney. In order to effect the proposed items, the Company has called a Special Meeting of Shareholders to be held on February 26, 2020 . Management Statement [...]
Canadian Orebodies Inc. is pleased to provide an update on the 2019 fall exploration program at the Company’s 240 km2 Pic Project located near Marathon, Ontario. The Company’s regional exploration crew was mobilized to the Porphyry Lake and Camp 27 areas to follow up on a number of anomalous grab samples collected in 2017 and 2018, which returned up to 7.8 g/t Au and 27.3 g/t Au respectively from each of the [...]
Canadian Orebodies Inc. is pleased to announce channel sample results from the Wire Lake Gold System at the Company’s 240 km2 Pic Project located near Marathon, Ontario. The main objective of the 2019 exploration program on the Wire Lake Gold System was to define the geological controls on gold mineralization in the Wire Lake System in preparation for potential future diamond drilling. The Company’s work to [...]
Canadian Orebodies Inc. is pleased to provide an update on the summer exploration program at the Company’s 240 km2 Pic Project located near Marathon, Ontario. Field crews will be mobilized on September 17, 2019 back to the Wire Lake camp to complete the second phase of the field exploration program in the Wire Lake Gold System. Additionally, the re-logging program of historic core in Timmins has now been completed [...]
The Board of Directors of Canadian Orebodies Inc. regrettably announce the tragic and untimely passing of the Company’s President and Chief Executive Officer, Gordon McKinnon. Gord served as the President and Chief Executive Officer, as well as a director and leader of the Company since its inception in 2008. John Harvey, a director of the Company commented, “Gord McKinnon, the son of Don McKinnon, was [...]
Canadian Orebodies Inc. is pleased to announce the initial results of its sampling program of historic core and the beginning of surface work at the Pic Project. Crews are now mobilized to the Wire Lake Camp for the fieldwork component, and have been in Timmins for the re-logging and sampling of historic drill core since the end of May. The main objectives of the exploration program are to define the geological controls [...]
Osisko Mining Inc. announces that it has ceased to be an insider of Canadian Orebodies Inc.. Earlier today, Osisko completed a statutory plan of arrangement under the provisions of Section 182 of the Business Corporations Act, pursuant to which, among other things, Osisko transferred certain non-core assets to O3 Mining Inc., including all of the issued and outstanding shares of its wholly-owned subsidiary, O3 Markets [...]
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