Gossan Resources Ltd. has commenced a diamond drilling program at its Glitter Property situated on the Sturgeon Lake Greenstone Belt in northwestern Ontario. Figure 1 - Glitter Property Regional Map To view an enhanced version of Figure 1, please visit: https://orders.newsfilecorp.com/files/2380/107805_098f5c3774b30ab1_002full.jpg Highlights: Gossan has defined three highly prospective drill targets. These targets have [...]
Gossan Resources Ltd. held its Annual and Special Shareholders Meeting in Winnipeg on October 5, 2021. The proposed management slate of Directors - Samuel Pelaez, George Mannard, Douglas Reeson, Hamid Mumin, and MaryAnn Mihychuk - were elected to the Board. At a Directors Meeting, Messrs. Samuel Pelaez and Douglas Reeson were appointed officers. An Audit Committee and a Corporate Governance, Compensation and Nominating [...]
Gossan Resources Ltd. announces its work plans for its Gander Gold Property, NL, and its Glitter Property, in the Sturgeon Lake VMS Camp in Northwestern Ontario. Gander Gold Property: Prospecting and Sampling The Company's wholly-owned Gander Gold Property consists of 9,400 hectares and is adjacent to the Queensway property along the Central Newfoundland Gold Belt owned by New Found Gold. The Company also holds title to [...]
Gossan Resources Ltd. announces that it has completed its previously announced non-brokered private placement offering of 8,000,000 flow-through units of the Company at a price of $0.24 per FT Unit for aggregate gross proceeds of $1,920,000 . Each FT Unit issued pursuant to the Offering consists of one common share of the Company, issued on a "flow-through" basis and one-half of one common share purchase warrant of the [...]
Gossan Resources Ltd. will conduct a non-brokered private placement offering of 8,000,000 flow through units at a purchase price of $0.24 per FT Unit for aggregate gross proceeds of $1,920,000. Each FT Unit to be issued pursuant to the Offering shall be comprised of one flow through common share and one-half of one common share warrant . Each whole Warrant shall entitle the holder thereof to acquire one common share of [...]
Gossan Resources Ltd. has strengthened and built out its management team with the addition of: Samuel Pelaez, MFin, CFA, who has joined the team as President & CEO and a Director; and George N Mannard, MScA, P.Geo, who also brings a wealth of sage exploration and governance experience to the Board of Directors. Samuel Pelaez has dedicated the past decade to financing natural resource projects while serving as Chief [...]
Gossan Resources Ltd. has completed a non-brokered private placement offering of 6,600,000 units of the Company at a purchase price of $0.06 per Unit, for aggregate gross proceeds of $396,000. Each Unit consists of one common share in the capital of the Company and one Common Share purchase warrant of the Company. Each Warrant is exercisable to acquire one Common Share at a price of $0.08 until December 21, 2021; and [...]
Gossan Resources Ltd. announces that it intends to implement certain amendments to its incentive stock option plan in accordance with Policy 4.4 - Incentive Stock Options of the TSX Venture Exchange to increase the number of shares authorized for issuance under the Plan. The Plan is a fixed stock option plan that, together with all of the Company's other previously established stock option plans or grants, could not [...]
Gossan Resources Ltd. held its Annual and Special Shareholders Meeting in Winnipeg on December 15, 2020. The proposed management slate of Directors - Douglas Reeson, Hamid Mumin, James C. Campbell, and MaryAnn Mihychuk - were elected to the Board. Newly elected, the Hon. MaryAnn Mihychuk MSc, P.C., formerly a federal Minister of Employment and a Manitoba Minister of Mines, is an experienced geologist and is active with [...]
Gossan Resources Ltd. has expanded its Gander Gold Property in Gander NL by acquiring an additional license extending the Property to the south, out over Gander Lake. The new 1900-hectare license provides a contiguous extension of the geological and structural zones of interest along the Gander River Complex . It encompasses a number of assumed faults that trend southward off the shoreline into Gander Lake from the [...]
Gossan Resources Ltd. has entered into a mineral property acquisition agreement to acquire a 100% interest in the Gander Gold Property located just outside Gander, NL. The 9,050-hectare Gander Gold Property is immediately adjacent to the Queensway property along the Central Newfoundland Gold Belt owned by New Found Gold Corp., where discovery hole 19-01 recently intercepted 19.0 metres of 92.86 gpt gold, including 6.0 [...]
Gossan Resources Ltd. has been advised by its CEO, Douglas Reeson, that he has filed an early warning report announcing that he has acquired ownership and control over 200,000 units of the Company at a price of $0.05 per Unit pursuant to the terms of a private placement offering of the Company completed on August 21, 2020. Each Unit sold pursuant to the Offering consists of one common share in the capital of the Company [...]