Chilean Metals is pleased to provide an update on the drill program currently underway on the Zulema project located near Copiapo, Chile and 30 Km's from Lundin Mining's Candelaria mine. With Candelaria as a model, the exploratory drill program is testing two geologically distinct targets: a 1+ square km. area of intense garnet scapolite skarn breccia (Skarn Target) and a large Induced Polarization chargeability anomaly [...]
Chilean Metals is pleased to announce it has commenced drilling on its primary project Zulema. Zulema is near the town of Copiapo Chile and is located about 30 Km's from the Lundin Mining owned Candelaria mine. The drilling program will test two geological distinct targets looking for a Copper Gold sulfide deposit with Candelaria as the model. The drilling program will be comprised of 8 holes with the program targeted to [...]
Chilean Metals is pleased to announce it has commenced drilling on its primary project Zulema. Zulema is near the town of Copiapo Chile and is located about 30 Km's from the Lundin Mining owned Candelaria mine. The drilling program will test two geological distinct targets looking for a Copper Gold sulfide deposit with Candelaria as the model. The drilling program will be comprised of 8 holes with the program targeted to [...]
Chilean Metals has accepted private placements on $600,000 worth of equity investment at $0.15 per share. All securities issued under the private placement will be subject to a four-month hold period in accordance with applicable securities laws. Terry Lynch Chilean Chairman commented "Completion of this placement will insure we have adequate funds to complete the first round of drilling on Zulema. It is a Copper Gold [...]
Chilean Metals has signed a letter of intent to joint venture its Bass River project in Nova Scotia with Tejas Gold Company. Tejas will have fourteen months after signing of a JV Agreement to earn a 35% working interest in the joint venture. To earn the interest Tejas will be required to pay a non refundable deposit of $25,000 (issuable within 30 working days of signing the LOI), issue 100,000 common shares of Tejas stock [...]
Chilean Metals is proud to announce its New Technical Advisory Committee and new Board of Directors. The Board changes will take effect, subject to shareholder approval, at the company's Annual General Meeting on November 10th in Toronto. Current Board Chairman, Ian Pirie is stepping down from the Board but we are very excited to announce Ian is joining our highly specialized & experienced Technical Advisory Committee [...]
Toronto, Ontario / TheNewswire / October 11, 2016 - Chilean Metals Inc. ("Chilean Metals," "CMX" or the "Company") (TSX.V:CMX, OTCQB: CMETF, SSE:CMX, MILA: CMX). Chilean Metals has, upon receiving final approval from the TSXV, completed the acquisition of three Copper Gold projects from Cogonov Inc. ("Cogonov"). The Projects are referred to as Lynn, Parrsboro and Bass River. The Projects were acquired through the issuance [...]
Toronto, ON / TheNewswire / September 27th 2016. Chilean Metals Inc. ("Chilean Metals," "CMX" or the "Company") (TSX.V:CMX, OTCQB: CMETF, SSE:CMX, MILA: CMX). Chilean Metals has accepted private placements on over $750,000 worth of investments in its recently announced financing. Additional placements are expected but company does not intend to accept more than $1,000,000 in total. All securities issued under the private [...]
Toronto, ON. / TheNewswire / August 22nd 2016. Chilean Metals Inc. ("Chilean Metals," "CMX" or the "Company") (TSX.V:CMX, OTCQB: CMETF, SSE:CMX ). Chilean Metals intends to place 5 million shares at $0.15 per share to enable it to drill its Zulema Project in Chile later this fall. A fee of 10% is payable in cash to eligible brokers who will also be provided a broker warrant to purchase up to 10% of the private placement [...]
Toronto, ON / TheNewswire / July 26 2016. Chilean Metals Inc. ("Chilean Metals," "CMX" or the "Company") (TSX.V:CMX, OTCQB: CMETF, SSE:CMX ). Chilean Metals has received conditional approval from the TSXV to complete the acquisition of three Copper Gold projects from Cogonov Inc. ("Cogonov"). The Projects, referred to as Lynn, Parrsboro and Bass River, will be acquired through the issuance of 20,500,000 common shares to [...]
TORONTO, ON / TheNewswire / June 27, 2016 - Chilean Metals Inc.. ("Chilean Metals," "CMX" or the "Company") (TSX.V:CMX, OTCQB: CMETF, SSE:CMX ). Chilean Metals Inc. ("CMX") is pleased to announce that it has entered into an advisory services agreement with Minotaur Exploration Ltd. ("Minotaur") a company listed on the Australian Securities Exchange (ASX) under ticker MEP. The agreement provides for Minotaur to provide [...]
Toronto, ON / TheNewswire / June 21, 2016 - Chilean Metals Inc. ("Chilean Metals," "CMX" or the "Company") (TSX.V:CMX, OTCQB: CMETF, SSE:CMX ). Chilean Metals has completed the acquisition of the Fox River property for $780,000 through the issuance of 6,000,000 shares to Cogonov Inc. The Fox River Project, located in the western Cobequid Highlands, is comprised of 176 claims covering previously defined gravity anomalies [...]