Copper Lake Resources Ltd. is pleased to announce the results from the Annual General and Special Meeting of Shareholders held via conference call on July 21, 2021. Results of Annual General and Special Meeting of Shareholders A total of 46,382,597 shares representing 26.46% 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 [...]
Copper Lake Resources Ltd. announces that on May 17, 2021, it has closed the second, and final, tranche of the non-brokered private placement described in its news release of March 4, 2021. In connection with the final tranche closing of the Offering, the Company issued 100,000 flow-through units at a price of $0.065 per FT Unit and 7,455,000 non flow-through units at a price of $0.05 per NFT Unit for gross proceeds of [...]
Copper Lake Resources Ltd. is pleased to provide an update on exploration priorities as well as upcoming work, to be completed on its Marshall Lake volcanogenic copper-zinc-silver massive sulphide property in 2021. The Property is located 250 km northeast of the City of Thunder Bay, in northern Ontario and is accessible by an all-weather gravel road leading from Highway 11 , providing good access year-round. An ongoing [...]
Copper Lake Resources Ltd. is pleased to announce the closing of the first tranche of a non-brokered private placement of units announced on March 3, 2021 . The Company has closed the first tranche of the private placement through the issuance of 6,585,000 flow-through units at a price of $0.065 per FT Unit and 11,575,000 non flow-through units at a price of $0.05 per unit, for gross proceeds of $1,006,775. Each NFT Unit [...]
Highlights: Measured & Indicated Mineral Resource of 2.26 million tonnes at 0.67% nickel, 0.61% copper, 0.03% cobalt & 0.46 g/t platinum + palladium Inferred Mineral Resource of 0.20 million tonnes at 0.66% nickel, 0.59% copper, 0.03% cobalt & 0.46 g/t platinum + palladium Norton Zone open below 400 metres - base and precious metal grades improving at depth New Zone discovered by drilling - 0.80% Ni, 1.07% Cu & 3.21 g/t [...]
Copper Lake Resources Ltd. is pleased to provide an update on its plans and priorities for the 2021 exploration program on the Company's Marshall Lake copper-zinc-silver property . A budget of $1,500,000 has been allocated to explore Marshall Lake in 2021. The Property is located approximately 252 km north-northeast of the City of Thunder Bay and 30 km west of the Town of Nakina, in the Thunder Bay Mines and Minerals [...]
Copper Lake Resources Ltd. announces that, subject to all regulatory approvals, it is arranging a non-brokered private placement of up to $2,000,000. On receipt of all regulatory approvals, the Company intends to issue up to 23,076,924 flow-through units and 10,000,000 non flow-through units to raise gross proceeds of up to $2,000,000. Each FT Unit will be issued at $0.065 and will consist of one flow-through common share [...]
Copper Lake Resources Ltd. is pleased to announce that Donald Hoy, M.Sc., P.Geo., has been appointed Vice President Exploration of the Company, effective February 15, 2021. Don Hoy brings over 30 years of experience, acting in both technical and senior management capacities, for junior and major mining companies. Recently, he served as President of Wolfden Resources Corporation and prior to that, as Vice President [...]
Copper Lake Resources Ltd. is pleased to announce that the Company has now received encouraging assay results and has initiated further studies of these results from its 2020 autumn drill program on the high-grade Billiton Main Zone at its Marshall Lake copper-zinc-silver-gold property, located 250 km northeast of Thunder Bay, Ontario. This preliminary drill program was planned to drill four holes totaling 1,220 metres to [...]
Copper Lake Resources Ltd. is pleased to announce that the Company commenced its 2020 autumn drill program on September 28 on the high-grade Billiton Main Zone at its Marshall Lake copper-zinc-silver-gold property, located 250 km northeast of Thunder Bay, Ontario. The Company has contracted with Niigaani Drilling of Gull Bay, Ontario to conduct the drill program. This preliminary drill program with a total of 1,220 metres [...]
Copper Lake Resources Ltd. is pleased to announce that the Company has commenced its 2020 field work program to prepare for the upcoming drill program on the high-grade Billiton Main Zone at its Marshall Lake property, located 250 km northeast of Thunder Bay. The program will include detailed geological mapping and sampling in the area of the Billiton Main Zone in preparation for the drill program, which is expected to [...]
Copper Lake Resources Ltd. is pleased to announce that further to the Company’s news release dated May 4, 2020 , the final results of the recently completed spectral analysis surveys have identified several new copper-zinc targets on the Marshall Lake Copper Project and surrounding area, northeast of Thunder Bay, Ontario. The new targets occurring outside the existing claim boundary were subsequently staked by the Company [...]
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