VANCOUVER, British Columbia, June 13, 2018 -- Serengeti Resources Inc. announces that further to its press release dated May 22, 2018, Serengeti has received gross proceeds of $330,000 from the exercise of 2,200,000 share purchase warrants at $0.15 per share pursuant to the Early Warrant Exercise Incentive Program . As an incentive for the early exercise of their share purchase warrants, the warrant holders received an [...]
VANCOUVER, British Columbia, May 29, 2018 -- Serengeti Resources Inc. is pleased to announce that Kwanika Copper Corporation , a private company jointly-owned by Serengeti Resources and POSCO DAEWOO Corporation , has entered into an Exploration Agreement with the Takla Lake First Nation . The Agreement establishes a mutually beneficial, cooperative and productive relationship whereby communication and collaboration [...]
VANCOUVER, British Columbia, May 22, 2018 -- Serengeti Resources Inc. announces it has received conditional TSX Venture Exchange acceptance to a warrant exercise incentive program designed to encourage the early exercise of up to 3,306,000 of its outstanding unlisted warrants . The Warrants are currently exercisable at a price of CAN$0.15 per common share until August 5, 2018. The Warrants were originally issued by the [...]
VANCOUVER, British Columbia, May 17, 2018 -- Serengeti Resources Inc. announces that its 65% owned subsidiary, Kwanika Copper Corporation , held jointly with POSCO DAEWOO has chosen Merit Consultants International , a division of Cementation Canada Inc., to lead the preparation of a pre-feasibility study for the Kwanika copper gold project located in north-central British Columbia. Merit will be supported by a team of [...]
VANCOUVER, British Columbia, April 11, 2018 -- Serengeti Resources Inc. announces that it has entered into a consulting agreement with Mr. Wendell Zerb to provide strategic advisory services to the Company's Board of Directors, related to the advancement and development of the Company’s mineral projects. Mr. Zerb has over 30 years combined work experience in mining, mineral exploration / development, and capital [...]
VANCOUVER, British Columbia, April 10, 2018 -- Serengeti Resources Inc. announces that further to its news release of March 4, 2018, it has now received TSX Venture Exchange acceptance to Serengeti's options to acquire a 100% interest in the Atty property from Finlay Minerals Ltd. and adjacent claims from Electrum Resource Corp , reduce an underlying net smelter return royalty on the Atty property from 3% to 1.5%; and [...]
VANCOUVER, British Columbia, March 04, 2018 -- Serengeti Resources Inc. announces that it has secured an option and signed a binding agreement to acquire a 100% interest in the Atty property from Finlay Minerals Ltd. and adjacent claims from Electrum Resource Corp , all located immediately adjacent to Centerra Gold’s Kemess Underground development and Kemess East advanced exploration projects. Atty covers several [...]
VANCOUVER, British Columbia, March 01, 2018 -- Serengeti Resources Inc. announces the staking of eight new mineral properties resulting from data generated as part of the Geoscience BC Search III program released January 23rd, 2018. Following the release, Serengeti staked a total of 7,670 hectares in north-central BC based on the new high-resolution magnetic and K/Th radiometric data available. A first-pass exploration [...]
VANCOUVER, British Columbia, Jan. 11, 2018 -- Serengeti Resources Inc. announces the results of drilling completed on its wholly-owned UDS property located four kilometres east of Centerra Gold’s Kemess property in north-central British Columbia, approximately 250 kilometres north of Smithers, BC . Serengeti also provides an update on a geophysical survey completed on the Nub Mountain property located 30 kilometres [...]
Serengeti Resources Inc. announces results for drilling completed on the jointly-owned Milligan West property , located 75 kilometres northwest of Fort St. James in north-central British Columbia, and four kilometres west of the currently producing Mt. Milligan copper-gold mine. Drilling at Milligan West in 2017 totalled 1,256 metres in three holes targeting zones identified by a 2016 Induced-Polarization survey, earlier [...]
Serengeti Resources Inc. reports that it has successfully closed the transaction previously outlined in its press release dated October 26, 2017 whereby Serengeti, POSCO DAEWOO Corporation and Kwanika Copper Corporation have signed a definitive joint venture agreement for the exploration and development of the Kwanika copper gold project located in the Quesnel Trough of British Columbia . Pursuant to the JVA, the [...]
Serengeti Resources Inc. announces that it has recently completed an aeromagnetic survey over its 100% owned RCN property located eight kilometres north of Iskut, within the Golden Triangle region of Northwestern British Columbia. The RCN property is situated seven kilometres northeast of GT Gold's Tatogga project, where recent drilling has expanded a high-grade epithermal system along significant strike length ; and [...]