Premium Resources Ltd. announces that it has successfully intersected significant mineralization at Selebi North Underground below the Mineral Resource Estimate confirming the down-plunge continuation of massive sulphides. Key Highlights: Drill hole SNUG-25-184 intersected mineralization 183 metres down-plunge from the MRE marking a major step-out and opening new growth potential. Two strongly mineralized intervals were [...]
Premium Resources Ltd. is pleased to announce the appointment of Mr. André van Niekerk to the Board of Directors of the Company. Mr. van Niekerk was appointed to the Board, effective immediately. Mr. van Niekerk's appointment will fill a vacancy arising from the retirement of Mr. Don Newberry as a director of the Company. André van Niekerk brings over 23 years of progressive leadership experience in the mining industry [...]
Sponsored content disseminated on behalf of Premium Resources. On April 17, 2025, Premium Resources announced high-grade assay results from resource reclassification drilling at its past-producing nickel-copper-cobalt sulphide Selebi North Underground mine in Botswana. Results from a total of ~34,300 metres over 80 holes, including the 17 holes reported herein, were not included in the mineral resource estimate . Click [...]
Premium Resources Ltd. announces additional high-grade assay results from resource reclassification drilling at its past-producing nickel-copper-cobalt sulphide Selebi North underground mine in Botswana. Results from a total of ~34,300 metres over 80 holes, including the 17 holes reported herein, were not included in the mineral resource estimate . Final Drilling Assay Highlights for Resource Reclassification [...]
Sponsored content disseminated on behalf of Premium Resources. On April 10, 2025, Premium Resources outlined a six-month plan to advance its two permitted, previously producing copper, nickel and cobalt mines in Botswana, a Tier 1 mining jurisdiction in Africa, known for its diamond mines. Last month, a consortium of institutional investors made sizable early bets on the future of Premium's Botswana assets. A March 2025 [...]
Premium Resources Ltd. is pleased to announce an exciting new strategic direction aimed at rapidly demonstrating the size potential of the Selebi North and Selebi Main deposits . The Company will aggressively execute a carefully designed exploration drilling program at the Selebi Mine while concurrently finalizing metallurgical work to identify the optimal mineral processing method for future production. In addition, the [...]
Premium Resources Ltd. is pleased to announce the appointment of Mr. Chris Leavy to the Board of Directors of the Company. Mr. Leavy was appointed to the Board, effective immediately. Mr. Leavy's appointment will fill a vacancy arising from the retirement of Mr. William O'Reilly as a director of the Company. Mr. Leavy brings more than two decades of experience in asset management with senior roles at Oppenheimer Funds [...]
Premium Resources Ltd. is pleased to announce the closing of the previously announced recapitalization of the Company , including a C$46 million equity private placement and the equity conversion of its C$20,882,353 term loan debt with support from Cymbria Corporation , the lender and an affiliate of the Company's largest shareholder, EdgePoint Investment Group Inc. . The Company received disinterested shareholder [...]
Premium Resources Ltd. is pleased to announce the closing of the previously announced recapitalization of the Company , including a C$46 million equity private placement and the equity conversion of its C$20,882,353 term loan debt with support from Cymbria Corporation , the lender and an affiliate of the Company's largest shareholder, EdgePoint Investment Group Inc. . The Company received disinterested shareholder [...]
Premium Resources Ltd. announces that due to significant demand, it is increasing the size of its previously-announced non-brokered private placement of units of the Company at a price of $0.30 per Unit from C$36MM to up to C$44MM. Other than the upsize of the Offering, all other details of the non-brokered private placement remain as disclosed in the news release of the Company issued on February 18, 2025, and entitled [...]
Premium Resources Ltd. is pleased to announce a significant refinancing, including the introduction of a new strategic investor group led by a lead order from Frank Giustra, Andrew Bowering and Mathew August and the provision of Fiore management group services, and incoming new CEO, Morgan Lekstrom. The Company also announces the deleveraging of its balance sheet with the conversion of its term loan debt into equity with [...]
Premium Resources Ltd. announces significant assay results for two holes that were drilled outside of the Mineral Resource Estimate at its past-producing nickel-copper-cobalt sulphide Selebi North underground mine in Botswana. The Company has commenced an underground exploration drilling program at Selebi North to test the deeper borehole electromagnetic plates from N2 Limb and South Limb. The Company will continue to [...]
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