Mineral Mountain Resources Ltd. and Mineral Mountain Resources Inc. are pleased to report that, including historical drilling and the Company's two phases of drilling, a grand total of 45 drill holes totalling 16,361.29 metres have been drilled in the Standby project area. The Company defined a 200m average width of the Standby Gold Zone surface to a down plunge depth of 1800 metres and a total vertical depth of about [...]
Mineral Mountain Resources Ltd. and Mineral Mountain Resources Inc. are pleased to report that Standby Gold Project represents a new Homestake-style gold discovery, 25 kilometres south of the Homestake Mine, that shares the critical characteristics of the Homestake Gold System, including predictability and grade of gold mineralization, structural control of mineralization along late near-vertical shear zones which cut [...]
Mineral Mountain Resources Ltd. is pleased to report that the Company is still in the process of receiving and compiling gold assays from the Q4 2019 Q1 2020 portion of its drilling program at the Standby Trend Target, and then integrating these results with the previously released 2018 Standby Target and historical drilling results, within and near the Standby Gold Trend. The assays and interpretation will be published [...]
Mineral Mountain Resources Ltd. is pleased to report that it will be again attending the annual PDAC Conference, PDAC 2020 and invite all attendees to visit our team at Booth #2812. Commented Nelson W. Baker, president and CEO of Mineral Mountain: "As a lifetime member of the PDAC, and, not having missed the annual convention in over 30 consecutive years, I'm very excited about the gold potential of our Standby Gold [...]
Defined A "New" Cluster Of Six Homestake-style Gold Targets Using Proprietary Airborne Acoustic EM Geophysical Modeling 2km Along The Main Standby Shear Zone. Highlights: Including "Trunk Hole" ST19-011, which reached a total depth of 1050 m down plunge along the Standby Shear Zone, seven holes totaling 2544.12m have been completed as of February 15, 2020. Target #2 is an additional 750 m down plunge but will be tested [...]
Highlights: Recent drilling on Standby Target continues to intersect and define intense hydrothermal alteration including complex brecciated quartz veining and Homestake-style mineralization over down hole intervals of up to 259 meters 2 holes completed, a third hole ST20-012, designed to undercut ST19-011B is in progress Over 200 core samples have been submitted to the lab for analysis Analytical results will be released [...]
Mineral Mountain Resources Ltd. is very pleased to announce the appointment, effective immediately, of Terrence A. Lyons to its Board of Directors. Commented Nelson W. Baker, President and CEO of Mineral Mountain: "Terry will bring an immense and unique set of experience in Corporate Governance, with his unmatched leadership and guidance to help drive Mineral Mountain's strategic mission to effectively explore its [...]
Correction from December 23rd - Mineral Mountain Resources Ltd. and Mineral Mountain Resources Inc. is pleased to report that drilling on its Standby Gold Project has been halted for the holiday period and is scheduled to resume on or about January 6th, 2020. Since controlled drilling started in early October, a total of 1,380 meters of drilling has been completed and over 250 samples have been submitted to the laboratory [...]
Mineral Mountain Resources Ltd. and Mineral Mountain Resources Inc. is pleased to report that drilling on its Standby Gold Project has been halted for the holiday period and is scheduled to resume on or about January 6th, 2020. Since controlled drilling started in early October, a total of 1,380 meters of drilling has been completed and over 250 samples have been submitted to the laboratory for analysis. Target 1 Drill [...]
Mineral Mountain Resources Ltd. is pleased to announce that subject to acceptance for filing of the final documentation by the TSX Venture Exchange , it has closed its non-brokered unit private placement announced previously on December 02, 2019 and has issued 5,330,600 units of the Company at a price of C$0.25 per Unit to raise gross proceeds of C$ 1,332,650. Each Unit consists of one common share of the Company and one [...]
Mineral Mountain Resources Ltd. is pleased to announce that it is arranging a non-brokered private placement of up to 6,0000,000 units of the Company to be sold at a price of C$0.25 per Unit to raise gross proceeds of up to C$1,500,000. 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 [...]
Mineral Mountain Resources Ltd. announces that the Company intends to extend the exercise period of a remaining total of 14,221,000 outstanding share purchase warrants, all of which are exercisable at $0.50 per share . A number of 10,985,000 Warrants were issued pursuant to a first tranche of a private placement completed on December 7, 2017 and 3,326,000 Warrants were issued pursuant to a second tranche of private [...]