Copper Lake Resources Ltd. that it has signed a drilling contract with Forages Lamontagne Fortier Inc., based out of Évain, Quebec. The contract is for an initial 3,000-metre drilling program on the Deep IP Discovery at its Marshall Lake copper-zinc-silver volcanogenic massive sulphide project. The primary drill targets at the Deep IP Discovery are in a wet area and drilling will commence as soon as freeze-up conditions [...]
Copper Lake Resources Ltd. is pleased to announce the closing of the first tranche of its non-brokered private placement financing of up to 23,529,412 Flow-Through Units of the Company for gross proceeds of $2,000,000. An aggregate of 8,921,000 Units were sold under the First Tranche at a price of $0.085 per Unit for gross proceeds of $758,285. Each Unit is comprised of one common share in the capital of Copper Lake [...]
Copper Lake Resources Ltd. is pleased to announce the results from the Annual General and Special Meeting of Shareholders , the appointment of a new CFO, and the granting of options. Results of AGM A total of 47,394,476 shares representing 21.78% of the total issued and outstanding shares at the record date of the AGM were voted. Shareholders passed all resolutions set out in the management information circular of the [...]
Copper Lake Resources Ltd. announces that it has closed the second, and final, tranche of the non-brokered private placement described in the Company's news release dated September 6, 2022. Under the final tranche closing of the Offering, the Company issued 300,000 flow-through units at a price of $0.10 per FT Unit and 2,106,765 non flow-through units at a price of $0.09 per NFT Unit for gross proceeds of $219,609. Each [...]
Copper Lake Resources Ltd. is pleased to provide the following update on the exploration program at its Marshall Lake copper-zinc-silver VMS project, situated in northern Ontario, as well as a corporate update. Large-Loop Electromagnetic Survey A large-loop EM survey was recently completed in the vicinity of the Deep IP discovery, where a new high-grade base and precious metal occurrence was discovered during diamond [...]
Copper Lake Resources is pleased to provide the following exploration update pertaining to its Marshall Lake copper-zinc-silver VMS project, situated in northern Ontario, as well as a general corporate update. Large-loop Electromagnetic Survey A large-loop, deep penetrating EM survey was recently completed over the new high-grade base and precious metals occurrence known as the Deep IP discovery. Drilling of the Deep IP [...]
Copper Lake Resources is pleased to announce the closing of a first tranche of a private placement of units of the Company for gross proceeds of $1,346,250. The Private Placement is comprised of the issuance of 8,313,890 Non Flow-Through Units at a price of $0.09 per NFT Unit and 5,980,000 Flow-Through Units at a price of $0.10 per FT Unit. Each NFT Unit is comprised of one common share in the capital of Copper Lake (a [...]
Copper Lake Resources is pleased to report high-grade silver results from its winter drill program, undertaken on its Marshall Lake copper-zinc-silver-gold VMS property. The silver assays reported herein, previously pending, are from drill hole MAR-22-01, the first deep hole drilled on a new discovery known as the VTEM/Deep IP discovery (see Copper Lake news release dated June 14, 2022).
Copper Lake Resources is pleased to report high-grade assay results from its recently completed drill program, undertaken on its Marshall Lake copper-zinc-silver-gold VMS property. Specifically, the assays reported herein, are from drill hole Mar-22-01, the first deep hole drilled on a new discovery known as the VTEM/Deep IP discovery. A total of 6 significant intervals of base and precious metal mineralization were [...]
Copper Lake Resources is pleased to announce that is has obtained very encouraging results generated from recently completed borehole electromagnetic surveys, on its Marshall Lake copper-zinc-silver-gold volcanogenic massive sulphide. The BHEM surveys were undertaken on three strategically located drill holes, to assist in vectoring towards thicker accumulations of sulphide mineralization at the site of a new high-grade [...]
Copper Lake Resources is pleased to provide an update on the exploration program on its Marshall Lake copper-zinc-silver-gold VMS property. Recent drilling on the Property resulted in the discovery of a new zone of mineralization known as the VTEM/Deep IP discovery. Highlighting the new discovery, is an intersection of 1.74% copper, 0.05% lead, 2.35% zinc, 109.67g/t silver & 1.41 g/t gold over 11.87 metres (Mar-21-03 [...]
Copper Lake Resources is pleased to report high-grade assays from drilling of a new discovery, on its Marshall Lake copper-zinc-silver-gold volcanogenic massive sulphide property. Additionally, the Company is pleased to provide an update on diamond drilling progress and ground geophysics, all part of an integrated exploration program currently being undertaken on the Property. Diamond Drilling The recently completed drill [...]