VANCOUVER, BC / ACCESSWIRE December 7, 2020 / Makara Mining Corp. is pleased to provide the following update on its recently carried out RC drill program at its Rude Creek property in Yukon, Canada. The Company has been anxiously anticipating the assay results since early November for its 2,000 meter RC drill program. Unfortunately, due to COVID-19 related staffing delays at the Vancouver laboratory and Whitehorse sample [...]
Makara Mining Corp. is pleased to provide the following corporate update on its three properties. Rude Creek, Yukon Geological logging of the Rude Creek reverse circulation drill holes has been completed. The alteration of the granodiorite host rock first seen in the limited 2019 RC drilling program continues to be observed in the 2020 drilling. Makara is waiting for the assay information from the laboratory in Vancouver [...]
Makara Mining Corp. is pleased to announce that it has acquired an additional 128 quartz claims and has registered them with the Yukon government. The Win Claims are contiguous with the southern boundary of the existing Rude Creek claim block. This new staking extends Makara's coverage of the prospective geology at the Rude Creek property to the south by five kilometers. Between the Win Claims, the Rude Creek project and [...]
Makara Mining Corp. is pleased to premiere its corporate introduction video, which allows shareholders and the general public to meet Grant Hendrickson, President and Chief Executive Officer of Makara, and get a glimpse of the Rude Creek property during Mr. Hendrickson's recent visit. The video was shot during the Company's recently completed 2000-meter drill program. The video can be accessed at the following link [...]
Makara Mining Corp. is pleased to announce that it has completed its reverse circulation drill program on its Rude Creek property in Yukon, Canada. President and CEO, Grant Hendrickson, commented: "During our first drill program at Rude Creek, we completed 2,000 metres of drilling over 20 holes. Drilling was focused on a portion of the NE soil anomaly, which measures 1,000 metres by 1,600 metres. I am very excited about [...]
Makara Mining Corp. is pleased to provide an update on the Company's ongoing drill program at its Rude Creek Gold Project , in the White Gold region of the Yukon, Canada. The drill program is focused on portion of the NE soil anomaly, which measures 1,000m by 1,600m in size. The program is progressing well and a total of 11 reverse-circulation holes have been completed to date. The remaining 9 RC holes from the 20-hole [...]
Makara Mining Corp. is pleased to announce that it has acquired the right to earn a 60% interest in the Davis and Paradise Valley claim blocks located in Nye County, Nevada, from Almadex Minerals Ltd. . The Project encompasses 900 hectares consisting of two contiguous parcels of land, being the Davis claims to the north and the Paradise Valley claims to the south. The Davis claims, comprising 34 claims over 270 hectares [...]
Makara Mining Corp. is pleased to announce that it has raised $2,661,812 from the exercise of 9,735,385 share purchase warrants. As a result of the warrant exercises, the Company is in a solid financial position to be able to fund an aggressive exploration program which is currently underway at its Rude Creek Project. In addition, Makara has met its initial exploration program and cash payment obligations under its Kenora [...]
Makara Mining Corp. is pleased to announce that it has acquired the right to earn 100% of the Idaho Creek Property , which borders the Company's existing Rude Creek Gold Project in the White Gold region of the Yukon, Canada, from ATAC Resources Ltd. . Once earned, the Idaho Property will extend Makara's northern coverage of the prospective geology at its Rude Creek Property by 6 km. The Idaho Property east-west width is [...]
Makara Mining Corp. is pleased to announce that it has acquired the right to earn 100% of the Idaho Creek Property , which borders the Company's existing Rude Creek Gold Project in the White Gold region of the Yukon, Canada, from ATAC Resources Ltd. . Once earned, the Idaho Property will extend Makara's northern coverage of the prospective geology at its Rude Creek Property by 6 km. The Idaho Property east-west width is [...]
Makara Mining Corp. is pleased to announce that drill rigs and other equipment are being assembled for the Company's fully-funded 2000 meter reverse-circulation drill program on the Rude Creek Gold Project in the White Gold region of the Yukon, Canada. Arrangements for site preparation and drilling by Midnight Sun Drilling Inc. are underway and an accredited laboratory has been engaged to assay drill samples. The Rude [...]
Makara Mining Corp. is pleased to announce that it will be conducting a 2,000 meter reverse-circulation drill program on the Rude Creek Gold Project in the White Gold region of the Yukon, Canada. Commencement of drilling is anticipated for mid-August and the program is fully funded. Highlights A robust RC drill program will follow up encouraging soil sample results and coincident ground geophysical anomalies at the NE [...]