NorthWest Copper is pleased to announce a new independent mineral resource estimate for its high-grade Cu-Au-Ag Stardust deposit in central British Columbia. The mineral resource has an effective date of May 17, 2021. At a cut-off of US $65/tonne and 2.5 metre minimum mining width the new Stardust mineral resource estimate consists of: Indicated resources1 of 1.96 million tonnes at 2.59% CuEq2, 1.31% Cu, 1.44 g/t Au and [...]
Northwest Copper Corp. is pleased to announce positive results for initial metallurgical test work on its 100% owned Stardust copper-gold project in BC. Combined gravity and flotation produced copper recoveries from 94.2% to 98.6% and gold recoveries from 93.0% to 93.9%. Those tests produced copper in concentrate grades from 21.8% to 26.2%. These strong results further enhance the high-grade Stardust deposit. Peter Bell [...]
Northwest Copper Corp. is pleased to announce that it has closed the previously announced bought deal private placement offering for aggregate gross proceeds of C$13,005,000 consisting of 3,750,000 common shares , 5,000,000 flow-through common shares , and 4,550,000 charity flow-through common shares . The FT Shares and the Charity FT Shares qualify as "flow-through shares" within the meaning of the Income Tax Act . "We [...]
Northwest Copper Corp. is pleased to announce that Dr. James Lang, B.Sc., M.Sc., Ph.D, P.Geo has been appointed as the Company's Chief Geoscientist. Dr. Lang brings 37 years of global minerals industry experience to Northwest Copper. His background of grassroots and brownfields exploration, advanced project development, and applied research on base and precious metal deposits makes him an exceptional addition to the [...]
Northwest Copper Corp. is pleased to announce that Peter Bell has been appointed the President & CEO effective immediately. Mr. Bell brings over thirty years of successful experience in mining geology, mining investment and mining banking to NorthWest. His career as a geologist, took him from northern Ontario, to Nevada, Nunavut, Tanzania, Peru and Denver, including a 13-year span with Newmont Corporation. He was a key [...]
NorthWest Copper and Sun Metals are pleased to announce that they have completed the previously announced plan of arrangement under the Business Corporations Act pursuant to which NorthWest has acquired all of the issued and outstanding shares of Sun Metals on the basis of 0.215 common shares of NorthWest basis) for each share of Sun Metals held. Consolidation, Name Change and New Trading Symbol NorthWest also announces [...]
Serengeti Resources and Sun Metals are pleased to announce that Sun Metals has obtained the final order from the Supreme Court of British Columbia with respect to the previously announced proposed plan of arrangement, pursuant to which Serengeti will acquire all of the issued and outstanding shares of Sun Metals, on the basis of 0.215 of a post-Consolidation Serengeti share for each Sun Metals share, which is 0.43 of a [...]
Serengeti Resources and Sun Metals Corp. are pleased to announce the results of the Serengeti special meeting of shareholders and the Sun Metals special meeting of securityholders, which were held virtually on Feb 26, 2021. Serengeti Meeting A total of 61,078,247 common shares were voted at the Serengeti special meeting of shareholders, representing 55.02% of total common shares issued and outstanding as at the record [...]
Serengeti Resources Inc. is pleased to report the final batch of assay results from the 2020 drilling campaign completed at the Kwanika Project in BC. A total of 4,350 m were drilled in 9 holes testing a number of exploration targets and resource expansion opportunities. The first batch of results were reported on December 16th, 2020. The advanced resource-stage Kwanika project is ~26,000 hectares, held by Kwanika Copper [...]
Serengeti Resources and Sun Metals are pleased to announce that Sun Metals has obtained an interim order from the Supreme Court of BC with respect to the previously announced proposed plan of arrangement, pursuant to which Serengeti will acquire all of the issued and outstanding shares of Sun Metals, on the basis of 0.215 of a post-Consolidation Serengeti share for each Sun Metals share, which is 0.43 of a [...]
Serengeti Resources and Sun Metalsare pleased to announce, further to their joint news releases dated Nov 30, 2020 and Dec 2, 2020, the closing of the previously announced upsized bought deal financing of 82,800,000 subscription receipts of Sun Metals, at a price of $0.125 per Subscription Receipt for gross proceeds of $10,350,000. The Offering included a full exercise of the underwriters’ over-allotment option, and was [...]
Serengeti Resources Inc. is pleased to report the first batch of assay results from the 2020 drilling campaign completed at the Kwanika Project in north-central BC. A total of 4,350 metres were drilled in 9 holes testing a number of exploration targets and resource expansion opportunities. The advanced resource-stage Kwanika project is ~26,000 hectares, held by Kwanika Copper Corporation *, and is located in the Quesnel [...]