Millbank Mining is pleased to announce that it intends to complete a non-brokered private placement of up to 9,090,910 at a price of $0.33 per Unit to raise gross proceeds of up to $3,000,000. Each Unit will consist of one common share of the Company and one Common Share purchase warrant. Each Warrant will entitle the holder to purchase one Common Share of the Company for a period of 24 months following the closing of the [...]
Millbank Mining is pleased to announce it has closed the acquisition of the Blakelock hydrogen project in northern Ontario as previously announced on Sept 12, 2024. "Having closed the acquisition of the Blakelock Project, we are excited for the potential to explore for natural sources of hydrogen," stated Benjamin Asuncion, CEO of Millbank. "The potential for natural hydrogen to be a clean source of energy has garnered [...]
Millbank Mining announces the acquisition of the Blakelock hydrogen project. The Blakelock Project is comprised of 109 mineral claims covering an area of 2,207 hectares. "We believe that hydrogen holds significant potential to disrupt the energy market and drive the future of clean energy. Although the industry is still in its early stages, the prospect of low-cost, natural hydrogen replacing conventional fuels could lead [...]
Millbank Mining announces that further to its press release dated August 8th, 2024, the Company has elected to not proceed with the proposed name change at this time. The Company confirms that, at this time, it does not currently hold an interest in any natural hydrogen projects and any subsequent acquisitions would be subject to the approval of the TSX-V. Millbank Mining is a mineral exploration company currently focused [...]
Millbank Mining announces that it intends to shift its focus from the exploration and development of precious metals properties to the exploration and development of opportunities in the clean energy space, specifically natural hydrogen. In conjunction with the proposed new strategic direction, the Company proposes to change its name to "Primary Hydrogen Corp." In connection with the Name Change, the Company also intends [...]
Millbank Mining announces that it has granted an aggregate of 1,250,000 incentive stock options to its directors and officers. Each Stock Option entitles the holder to acquire one common at an exercise price of $0.195 for a period of five years. In accordance with the policies of the TSX Venture Exchange, the Stock Options are subject to a four month restriction on resale. Millbank Mining is a mineral exploration company [...]
Millbank Mining is pleased to provide a corporate update on various ongoing activities. The Company's exploration consultants have been evaluating the Induced Polarization and Resistivity geophysical survey to explain relationship to the significant copper samples observed on surface. Historic surface rock sampling dating back to 2008 returned a highlight value of 24,800 ppm copper and soil sampling in 2020 outlined three [...]
Millbank Mining Corp. is pleased to announce it has received the results and interpretations from an Induced Polarization and Resistivity survey completed in December 2021 on its wholly-owned Arthur Lake property located near Vanderhoof, British Columbia. The survey was completed by Peter E. Walcott & Associates and consisted of 9.6-line-kilometres of surveying including three north-south lines testing the Southwest [...]
Millbank Mining Corp. is pleased to announce the commencement of Induced Polarization surveying at its wholly-owned Arthur Lake property located near Vanderhoof, British Columbia. Peter E. Walcott & Associates are undertaking the IP geophysical program which is anticipated to be completed in mid December 2021. The objective of the IP survey is to probe beneath the three multi-element soil geochemistry anomalies identified [...]
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