Mariner Resources Corp. is pleased to announce that it has acquired through staking 100% undivided interest in the Great Bend Property located in central Newfoundland and Labrador. The Great Bend Property consist of 1,536 mineral claims encompassing a land area of 384 km². The property is located 75 km southwest of the late 2019 New Found Gold Corp. gold discovery, which returned a diamond drill hole with 92.86 g/t Au [...]
Mariner Resources is pleased to announce that it has closed its previously announced private placement financing of 5,000,000 common shares at a price of $0.12 per common share, to raise gross proceeds of $600,000. The common shares issued in connection with the Financing are subject to staggered hold periods expiring as follows: one-third on November 28, 2020; one-third on March 28, 2021; and one-third on July 28, 2021 [...]
Mariner Resources is pleased to announce that further to its news release of July 9, 2020, the Company has completed the acquisition of a 100% interest in the Middle Ridge South gold property located in Central Newfoundland for consideration of $240,000 cash and 1,800,000 common shares of the Company. The Property is subject to a 2% net smelter returns royalty of which the Company may purchase 1.0% for $1,000,000 at any [...]
Mariner Resources is pleased to announce that it has entered into an arm's-length, binding agreement with Crest Resources Corp. and certain other owners, whereby the Company may acquire a 100% undivided interest in the Middle Ridge South Property. The Property is located in central Newfoundland and consists of 558 mineral claims covering approximately 139.50 km² (13,950 Ha). The Property is accessible by traveling South [...]
Mariner Resources is pleased to announce the completion of a 621 line-kilometre helicopter-borne high resolution magnetic and radiometric survey over the entire Silver Dollar property, near Revelstoke BC. John Williamson, CEO commented, "This is the first airborne geophysical survey ever completed on the Silver Dollar property. It will provide the foundation for a modern dataset that will allow us to better visualize and [...]