North Peak Resources Ltd. provides the following update on the work programs underway pursuant to its option to purchase the Black Horse gold property located near Ely, Nevada, which was last drilled in 1999. The agreement with Minex LLC, the property owner, to obtain this option was signed in December 2021. North Peak then obtained permits in January to carry out core and reverse circulation drilling programs, including [...]
Olivut Resources Ltd. is pleased to announce that the Company has closed a non-brokered private placement comprised of 5,000,000 common shares for proceeds of $400,000 at a price of $0.08 per Common Share. The Common Shares are subject to resale restrictions pursuant to applicable securities laws requirements and will not be freely tradable until four months after the date of issue. One insider participated in the Private [...]
Olivut Resources Ltd. is pleased to announce that it has exercised its option to earn 50% of the Seahorse Project, located in the Northwest Territories, Canada in accordance with the terms of the Option Agreement signed with Talmora Diamond Inc. on July 6, 2018. Olivut and Talmora will be joint owners of the assets. All earn-in requirements have been completed: on December 9, 2019 Olivut provided notice to Talmora that it [...]
Olivut Resources Ltd. announces today that its annual general and special meeting of holders of common shares of the Company, which was originally to be held on March 25, 2020 at 2:00 p.m. at the offices of Stikeman Elliott LLP will now be held at the Company’s offices on March 25, 2020 at 12:30 p.m. . Due to ongoing concerns regarding the Coronavirus and to mitigate risks to the health and safety of our [...]
Olivut Resources Ltd. , is pleased to provide an exploration update for the Seahorse Project. As previously reported, the field portion of the 2019 drill program on the Seahorse Project located in Canada’s Northwest Territories ended in late September. Encouraging results from this program warrant additional work. Six holes were drilled to test certain regional geophysical targets that had been confirmed and further [...]
Olivut Resources Ltd. , announces that it has granted stock options to certain Directors, Officers and Consultants of the Company pursuant to the Company’s stock option plan to purchase up to 1,275,000 common shares in the capital of the Company at an exercise price of $0.05 per common share. The stock options will expire on October 28, 2029. The grant of options is subject to regulatory approval, including approval [...]
Olivut Resources Ltd. , is pleased to provide an exploration update. The Company reports that it has completed the field portion of the planned drill program on the Seahorse Project located in Canada’s Northwest Territories . A reverse circulation, heli portable drill was used to test anomalies previously identified from regional and detailed helimag geophysics. The drill program is currently in the midst of [...]
Olivut Resources Ltd. , is pleased to provide an exploration update. The Company has successfully completed the field portion of the helimag geophysical program on the Seahorse Project located in Canada’s Northwest Territories . The survey work was conducted over multiple anomalies previously identified from regional geophysics. Preliminary results have confirmed targets and provided detail that will aid drill [...]
Olivut Resources Ltd. , announces that it has granted stock options to certain Directors, Officers and Consultants of the Company pursuant to the Company’s stock option plan to purchase up to 150,000 common shares in the capital of the Company at an exercise price of $0.11 per common share. The stock options will expire on October 15, 2028. The grant of options is subject to regulatory approval, including approval [...]
As announced in July, Olivut Resources Ltd. , signed an Option Agreement with Talmora Diamond Inc. to earn 50% on part of Talmora’s Horton Project, namely the Seahorse Project, located in Canada’s Northwest Territories . The Company also announced in July that it raised a total of $1,708,000 through private placements to fund option earn-in commitments and for general exploration and administrative purposes [...]
July 25, 2018 -- Olivut Resources Ltd. is pleased to announce that, in addition to the $1,600,000 financing previously announced on July 6, 2018, the Company has closed a non-brokered private placement comprised of 900,000 common shares for proceeds of $108,000 at a price of $0.12 per Common Share. The Common Shares are subject to resale restrictions pursuant to applicable securities laws requirements and will not be [...]
July 06, 2018 -- Olivut Resources Ltd. President Leni Keough states: “It is an exciting and welcome development for Olivut that we will be exploring a new diamond project and that we have successfully raised the necessary financing required to meet earn-in commitments and support general corporate purposes and other work on the HOAM Project.” The Company closed a non-brokered private placement for aggregate [...]
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