Capella Minerals Ltd. is pleased to advise that an auger till sampling program is now underway on the Rötjärnen claim block, which lies at the southern end of the Company's Southern Gold Line Project, Sweden. The primary aim of this till sampling program is to provide geochemical vectors towards potential sources for the gold-mineralized boulders identified on surface at Rötjärnen. Planning is also well advanced for the [...]
Capella Minerals Ltd. is pleased to provide the following update on recent exploration and drill targeting activities at the Savant Lake Gold Project in NW Ontario, and the Domain Gold Project in Manitoba. Savant Lake is a Joint Venture between Capella and Ethos Gold Corp. in which Ethos is earning-in to a direct 70% interest in the project through annual cash and share payments to Capella and work commitments totalling [...]
Capella Minerals Ltd. is pleased to advise that, further to the Company's news release of January 7, 2021, the Company has now completed and closed the sale of its 100% interest in its Argentine subsidiary, Minera Mariana Argentina S.A., to Cerrado Gold Inc. Minera Mariana is the owner of the Las Calandrias and Los Cisnes gold-silver projects, in addition to a portfolio of exploration concessions located in the Eastern [...]
Capella Minerals Ltd. is pleased to provide the following update on drill target generation activities being undertaken on its high-grade Kjøli copper project in central Norway. The Kjøli property lies in the northern part of the Røros mining district, which saw copper production from a number of high-grade massive sulfide deposits from the mid-1600's until the mid-1980's. Kjøli represents a district-scale [...]
Capella Minerals Ltd. is pleased to announce that, further to its News Release dated October 28, 2020, it has entered into a Share Purchase Agreement with Cerrado Gold Inc. pursuant to which Capella will sell its 100% interest in its Argentine subsidiary, Minera Mariana Argentina, to Cerrado. Minera Mariana is the owner of the Las Calandrias and Los Cisnes gold-silver projects, in addition to a portfolio of exploration [...]
New Dimension Resources is pleased to announce that, after having received regulatory acceptance, the following Corporate changes will take effect at market open on Tuesday, November 10, 2020. Change of Name and New Trading Symbol: The Company will change its name to Capella Minerals Limited and will commence trading under its new name and stock trading symbol TSX.V-CMIL. The Company has no plans to change its current [...]
TSX-V: NDR New Dimension Resources Ltd. is pleased to announce that it has entered in to a Binding Letter of Intent with Cerrado Gold Inc. for the sale of its 100% interest in its Argentine subsidiary, Minera Mariana Argentina S.A. . Minera Mariana is owner of the Las Calandrias and Los Cisnes gold-silver projects, in addition to an extensive portfolio of exploration concessions in the Eastern Deseado Massif, Santa Cruz [...]
TSX-V: NDR New Dimension Resources Ltd. is pleased to report that it has successfully completed its on-site due diligence on the Løkken and Kjøli base metal projects in Norway and the Southern Gold Line project in Sweden . The Company holds the right to acquire 100% interests in the Scandinavian Projects pursuant to an option and purchase agreement with EMX Royalty Corporation . The Company is also pleased to report that [...]
New Dimension Resources is pleased to announce that it has executed an earn-in agreement with Ethos Gold Corp. in which Ethos may earn-in to a 70% interest in the Savant Lake project in return for staged cash and share payments to New Dimension and $C 2M of work commitments. The Savant Lake project is located 240km NW of Thunder Bay, Ontario, and covers 22,900 Ha of underexplored but highly prospective stratigraphy for [...]
New Dimension Resources Ltd. further to the Company's news release of September 8, 2020 wherein it announced the settlement of $512,722 indebtedness by the issuance of 8,545,365 ordinary shares; today announced that it has settled Company indebtedness of C$385,963 due to current and former insiders of the Company with the issuance of 6,432,714 common shares of the Company. The settled indebtedness consists of $45,582 in [...]
New Dimension Resources wishes to announce that in an effort to conserve its capital and subject to regulatory approval, it has agreed to settle $512,721.92 of outstanding indebtedness to current and former insiders of the Company with the issuance of 8,545,365 common shares of the Company at a deemed price of $0.06 per share. All proposed shares issued in settlement of debt will be subject to a hold period trading [...]
New Dimension Resources Ltd. is pleased to announce the completion of its previously announced non-brokered private placement, for proceeds of $3,624,992, with a lead order from Palisades Goldcorp Ltd. The Company had anticipated a placement of 60,000,000 units for gross proceeds of $3,600,000, however, the Company has successfully completed the sale and conversion of 60,416,531 units. The units are comprised of one [...]