Mineral Mountain Resources Ltd. is pleased to announce that, following a successful mapping and sampling program conducted last month by the Company's Chief Geologist, Jeff Hrncir, about 4.8 km southwest of the Company's main gold target, the Standby Mine, a 2.5 km long north-northwest trending band of well mineralized, metamorphosed and folded chert-grunerite of the Rochford Formation recording some of the highest grade [...]
Mineral Mountain Resources Ltd. announces that the Company intends to extend the exercise period of a remaining total of 5,330,600 outstanding share purchase warrants, all of which are exercisable at $0.40 per share. A number of 5,330,600 Warrants were issued pursuant to a first tranche of a private placement completed on December 5, 2019. The new expiration dates of the Warrants will be December 5, 2021. The exercise [...]
Mineral Mountain Resources Ltd. and Mineral Mountain Resources Inc. is pleased to report, that over the last few months, the Company has significantly advanced its understanding of underlying geological controls on gold mineralization in the Rochford district, and, particularly in the vicinity of the Standby Mine. This has been accomplished through recently completed and ongoing structural, stratigraphic and [...]
We admire the patience and continued support of our loyal Mineral Mountain shareholders. COVID has provided challenges for the technical and management teams to maintain ongoing communications. Both teams have been very busy with the technical team importing and interpreting the Phase II core data into the existing geologic framework and the management team has worked hard in designing and garnering government approval of [...]
Mineral Mountain Resources Ltd. announces that the Company intends to extend the exercise period of a remaining total of 5,589,012 outstanding share purchase warrants, all of which are exercisable at $0.40 per share. A number of 5,589,012 Warrants were issued pursuant to a first tranche of a private placement completed on December 5, 2019. The new expiration dates of the Warrants will be June 5, 2021. The exercise price [...]
Mineral Mountain Resources Ltd. announces that the Company adjourned its 2020 annual general meeting of shareholders held on November 4, 2020, and will reconvene the Meeting at 10:00 am on November 6, 2020. About Mineral Mountain Resources and the Rochford Gold Project Mineral Mountain Resources Ltd., through its wholly owned subsidiary Mineral Mountain Resources Inc., with a strong technical team, is focused on the [...]
Mineral Mountain Resources Ltd. is pleased to announce that it has closed the non-brokered unit private placement announced previously on August 20, 2020 and has issued 2,916,667 Units at a price of C$ 0.30 for raised gross proceeds of C$875,000. A finder's fee of 7% was paid to arm's length third parties in connection with the Private Placement. Each Unit consists of one common share of the Company and one common share [...]
Mineral Mountain Resources is pleased to announce that it has closed the second tranche of this non-brokered unit private placement. The Company has raised gross proceeds of C$875,000 to date. A finder's fee of 7% was paid to arm's length third parties in connection with the Private Placement. Previously, Mineral Mountain announced to issue up to 4,266,667 units of the Company for aggregate proceeds of up to $1,280,000 [...]
Mineral Mountain is pleased to announce that due to investor demand it has increased the size of its private placement previously announced on August 20, 2020. Mineral Mountain now proposes to issue up to 4,266,666 units of the Company for aggregate proceeds of up to $1,280,000. Each Unit consists of one common share of the Company and one common share purchase warrant , with each warrant entitling the holder to purchase [...]
Mineral Mountain Resources is pleased to announce that it has arranged a non-brokered private placement of up to 2,500,000 units of the Company to be sold at a price of C$0.30 per Unit to raise gross proceeds of up to C$750,000. Each Unit consists of one common share of the Company and one common share purchase warrant , with each warrant entitling the holder to purchase one common share of the Company for a period of one [...]
Mineral Mountain Resources Ltd. and Mineral Mountain Resources Inc. reports that a Phase III deep drill program has been finalized for its Standby Gold Project and is scheduled to start when the COVID-19 restrictions are relaxed. Phase III is designed to expand the prospective gold zone at least 900 meters down plunge from Target 1. PHASE III PROGRAM Using different permitted drill sites, the Company has devised a plan to [...]
Mineral Mountain Resources Ltd. reports that, at the request of IIROC, the Company wishes to clarify specific deficiencies in its April 22, 2020 release. The title of the Company's April 22, 2020 news release "Standby Gold Zone" - An exceptional gold system capable of hosting a multimillion ounce resource extending 1800 meters down plunge from the mine workings" is overly promotional and is misleading as the Company has [...]