Lupaka Gold announced today that further to its news releases dated March 1, 2018, the Company has filed on SEDAR a National Instrument 43-101 Preliminary Economic Assessment Technical Report for its 100%-owned Invicta Gold Development Project located 120 km north of Lima, Peru. The NI 43-101 Technical Report was independently prepared for Lupaka Gold by SRK Consulting Canada Inc., and is in accordance with National [...]
Lupaka Gold is pleased to announce the results from a recent comprehensive and systematic underground sampling program on the 3400 Level at the Company's 100% owned Invicta Gold Development Project . Highlights: Sample assay values over the footwall vein averaged 9.86 grams per tonne gold equivalent* over 130 metres, with an average width of 6.1 metres Sample assay values over the hanging wall split averaged 7.00 g/t [...]
Lupaka Gold today announced the results of the Preliminary Economic Assessment prepared pursuant to National Instrument 43-101 on the Company's 100% owned Invicta Gold Development Project, located 120km north of Lima, Peru. All values are in US dollars unless otherwise indicated. Invicta Project PEA Highlights: Updated Mineral Resource Statement of 3.0 million tonnes of Indicated Mineral Resources at 5.78 grams per tonne [...]
Lupaka Gold is pleased to announce the appointment of Daniel B.J. Kivari, P.Eng., as Director of Operations, and commencement of an investor relations program. Mr. Kivari is a Professional Engineer and holds a Bachelor of Engineering degree with honors in metallurgy and mineral processing from Queen's University in Kingston. He has more than 30 years of international experience in metallurgy, engineering and management of [...]
Lupaka Gold is pleased to announce that the Company has secured the necessary funding required for development of the Invicta Gold Development Project . Lupaka has received US$2,500,000 in proceeds from Tranche 3 of the total US$7,000,000 Pre-Paid Forward Gold Purchase Agreement with PLI Huaura Holdings LP , as well as approximately US$3,000,000 from the sale of 3.1 million shares in GoldMining Inc. . Highlights: Proceeds [...]
VANCOUVER, Jan. 22, 2018 /CNW/ - Lupaka Gold Corp. is pleased to provide an update on operational advancements associated with the Invicta Gold Development Project . Highlights: Mining contractor selected, mobilization has commenced and expected to take 2-3 weeks Rehabilitation, preparation and initial development of Invicta will commence in February 2018 with 3 crews, new adit and 3430 Level to be constructed Bulk [...]
VANCOUVER, Dec. 12, 2017 /CNW/ - Lupaka Gold Corp. is pleased to report on the following key operational advancements associated with the Invicta Gold Development Project . Road Construction Initiated The Company has signed a contract with local operators to expand, enhance, and modify 27 kilometres of road commencing from the paved Huacho-Churin-Oyon highway, located at approximately 1,500 metres above sea level, up to [...]
VANCOUVER, Nov. 28, 2017 /CNW/ - Lupaka Gold Corp. is pleased to report that the Company has engaged SRK Consulting Canada Inc. as the lead contractor to prepare a Preliminary Economic Assessment on its 100%-owned Invicta Gold Development Project , an advanced stage gold-copper polymetallic underground Deposit located approximately 120 kilometres by road north of Lima. Will Ansley, President and CEO of Lupaka, said, "We [...]
Highlights: Sale of a 100% interest in the Crucero Gold Project to GoldMining Inc. ; Consideration received of $5.7 million in cash and marketable securities in GoldMining Inc.; Total cash and marketable securities on hand of ~$8.3 million. VANCOUVER, Nov. 21, 2017 /CNW/ - Lupaka Gold Corp. is pleased to announce that, further to its news release of September 19, 2017, the Company has completed the sale of the Crucero [...]
VANCOUVER, Nov. 8, 2017 /CNW/ - Lupaka Gold Corp. ("Lupaka Gold" or the "Company") (TSXV:LPK, FRA:LQP) is pleased to announce that the Company has received US$2,000,000 in proceeds from Tranche 2 of the total US$7,000,000 Pre-Paid Forward Gold Purchase Agreement (the "Agreement") with PLI Huaura Holdings LP ("PLI"). Pursuant to the Agreement, the financing proceeds will be provided by PLI in three tranches: Tranche 1 [...]
VANCOUVER, Sept. 25, 2017 /CNW/ - Lupaka Gold Corp. ("Lupaka Gold" or the "Company") (TSXV:LPK, FRA:LQP) is pleased to announce that the Company has appointed Mr. William (Will) Ansley as President and Chief Executive Officer, and as a Director of the Company. Mr. Ansley was a member of two teams that placed six mines into production over an eight year period in Sudbury and Timmins, Ontario; Mr. Ansley was the Director of [...]
Lupaka Gold announces that the Company plans to issue warrants to its agent, Red Cloud Klondike Strike Inc., pursuant to Tranche 1 of the PLI financing. In conjunction with the receipt of Tranche 1 of the Invicta Gold mining project financing agreement with PLI Huaura Holding L.P. previously announced on August 9, 2017, and pursuant to an advisory agreement entered into with Red Cloud Klondike Strike Inc. dated October [...]