Gold Basin Resources provided an exploration update, which includes the announcement of a fully-funded 3,000-meter Q2 reverse-circulation drill program at the Company's 100%-owned Gold Basin oxide gold project. Colin Smith, Chief Executive Officer of the Company, commented, "It is with great excitement that we announce the first drill program of 2024, which will focus on resource expansion and delineation at the Gap Zone [...]
Gold Basin Resources announced the appointment of Anthony Balic and Michael Povey to the board of directors of the Company with Mr. Balic being appointed as an independent director. In connection with the appointments of Messrs. Balic and Povey, Jonathan Lotz, John Robins and Jim Paterson have resigned as directors of the Company. Following the reconstitution of the Board, the Board is now comprised of four directors, of [...]
Gold Basin Resources announced that it has closed the second and final tranche of its previously announced non-brokered private placement through the issuance of 5,500,000 units at a subscription price of $0.10 CAD per Unit for gross proceeds of approximately $550,000 CAD. The Financing is oversubscribed, and the Company has issued an aggregate of 15,220,303 Units for aggregate gross proceeds of $1,522,030.30 CAD. Charles [...]
Gold Basin Resources announced that it has closed the first tranche of its previously announced non-brokered private placement for aggregate gross proceeds of $972,030.30 through the issuance of 9,720,303 units at a subscription price of $0.10 per Unit. The Financing is oversubscribed, with an aggregate amount of $1,522,030.30 arranged to date, and the Company anticipates closing the second and final tranche of the [...]
Gold Basin Resources announces that, further to its news release of January 12, 2024, the TSXV has granted an extension to the deadline for filing final documentation for the private placement to Feb 23, 2024. The proceeds of the private placement are intended to fund future and ongoing exploration campaigns at Gold Basin's mineral project, including drilling, soil sampling, and geophysics, and general working capital [...]
Gold Basin Resources announced a non-brokered private placement of up to 15,000,000 units at a price of $0.10 per unit for gross proceeds of up to $1,500,000 CAD. Each unit will be comprised of one common share and one-half of one common share purchase warrant. Each whole warrant will be exercisable at a price of $0.15 for a period of 12 months from the date of issuance. The Company anticipates closing the Financing in [...]
Gold Basin Resources Corp. announced final soil assays collected during a 530-sample second quarter geochemistry and prospecting program at the Company's 100%-owned Gold Basin oxide gold project. Delineation of multiple regional undrilled gold anomalies; Major gold trends remain open at margin of soils grid, and expansion to soil sampling coverage to the northwest and southeast is planned to commence shortly; Clear [...]
Gold Basin Resources Corp. announced final results from the 2,224-metre follow-up reverse-circulation drill program at the Company's 100%-owned Gold Basin oxide gold project. Multiple broad gold zones intersected in the Gap Zone up to 70 metres wide downhole, covering a strike length of approximately 250 m; Notable gold intersections from the final batch of seven drillholes include: CM23-056 - 53.0 m @ 0.41 g/t Au from [...]
Gold Basin Resources announced the closing of its previously disclosed non-brokered private placement through the issuance of 6,422,335 common shares in the capital of the Company at a price of $0.15 per Share for gross proceeds of $963,350. The net proceeds from the Financing are intended to fund ongoing fieldwork and exploration campaigns at Gold Basin's mineral projects and for general working capital. In connection [...]
Gold Basin Resources announces that, further to its news release of August 8th, 2023, it has increased its Financing to up to C$943,000 from the previously announced C$500,000. All other aspects of the Financing remain as disclosed in the August 8th news release. The Company also announces the appointment of Jacqueline Collins as Corporate Secretary of the Company. Mr. Stephen Pearce has resigned his position as Corporate [...]
Gold Basin Resources announced that it intends to complete a non-brokered private placement through the issuance of a minimum of 3,333,333 common shares in the capital of the Company at a price of $0.15 per Share for minimum gross proceeds of $500,000 CAD. The Company anticipates closing the Financing later this month. The proceeds of the Financing are intended to fund ongoing fieldwork and exploration campaigns at Gold [...]
Gold Basin Resources Corp. announced preliminary results from the 2,224-metre follow-up reverse-circulation drill program at the Company's 100%-owned Gold Basin oxide gold project. Multiple at- or near-surface oxide gold intercepts at the Red Cloud Deposit over 60 metres in thickness, including: 69.08 m @ 1.03 g/t Au from 6.10 m in hole CM23-022A incl. 48.77 m @ 1.31 g/t Au from 10.67 m 64.01 m @ 0.56 g/t Au from 0.00 m [...]