Transactions Consolidate Multiple Overlapping Mineralized Systems Under Quartz Control Quartz Mountain Resources Ltd. is pleased to announce the Company has agreed under two separate transactions, to purchase a 100% interest in each of the Lone Pine Claim and the North Claim . These two mineral claims total 169 hectares and are located within the Company's 100%-owned Maestro Property located 15km north of the town of [...]
Quartz Mountain Resources Ltd. announces that it has completed 1,445 metres of core drilling in two holes at the Prodigy Au-Ag-Mo-Cu epithermal target on its Maestro Property, located 15 kilometres north of Houston, BC. The Prodigy epithermal deposit target is hosted within an extensive porphyry type mineral system. It is located approximately one kilometre north of the Lone Pine Molybdenum Deposit which hosts Measured [...]
Quartz Mountain Resources Ltd. announces that further to its news release of October 20, 2023 and subject to TSX Venture Exchange final approval, the Company has completed a private placement for proceeds of $277, 000. The securities issued pursuant to the private placement are subject to a hold period expiring on March 1, 2024, pursuant to applicable Canadian securities laws. The placement is a "related party [...]
Quartz Mountain Resources Ltd. announces that it has arranged a private placement of 1,538,889 Flow-through units at a price of $0.18 per Unit for proceeds of $277,000. Each Unit consists of one Flow-through common share and one Flow-through warrant of the Company. Each Warrant allows the holder to purchase one flow-through common share at a price of $0.18 for a period five years from completion of the placement. Chairman [...]
Quartz Mountain Resources Ltd. is pleased to announce that it has completed the acquisition of 100% of the Jake Porphyry Copper-Gold-Silver Property , which is located 160 km north of Smithers, British Columbia . The Company now owns 100% of the Jake Property and also 100% of the Maestro Gold-Silver-Copper-Molybdenum Property. The Company recently obtained BC Mines Act Permits for 50 drill sites for each of the Jake and [...]
Quartz Mountain Resources Ltd. ; is pleased to announce the appointment of Myke Clark to the Company's Board of Directors. Myke Clark is a corporate leader with strong communications, renewable energy, natural resource and capital markets experience. He is currently the CEO and Director of a TSX Venture Exchanged-listed solar energy company and will bring more than 20 years of experience to the Quartz Mountain team. Prior [...]
Quartz Mountain Resources Ltd. announces that Robert Dickinson has resigned as Chief Executive Officer of the Company and will remain Chairman, and that Trevor Thomas, Secretary of the Company, has been appointed as Chief Executive Officer of the Company pending recruitment of a permanent replacement. Mr. Thomas has practiced in the areas of corporate commercial, corporate finance, securities and mining law since 1995 [...]
Quartz Mountain Resources Ltd. , announces that the Company's Board of Directors has approved the grant of stock options exercisable for a total of 3,204,300 common shares to two directors. All Options were granted pursuant to the Company's stock option plan and are subject to the requirements of the TSX Venture Exchange. The Options were granted at an exercise price of $0.20, being the last closing price of the Company's [...]
Quartz Mountain Resources Ltd. announces that further to its news release of October 24, 2022 and subject to TSX Venture Exchange final approval, the Company has completed a private placement for proceeds of $550,000. The securities issued pursuant to the private placement are subject to a hold period expiring on February 27, 2023, pursuant to applicable Canadian securities laws. The proceeds will be used for permitting [...]
Quartz Mountain Resources Ltd. wishes to clarify that two recently commissioned technical reports as announced in our news releases of June 14, 2022 and September 8, 2022 on the Maestro and Jake projects were not prepared as a consequence of any triggering event contemplated by National Instrument 43-101 . While the two reports were intended to comply with the substantive content requirements of the instrument, there was [...]
Quartz Mountain Resources Ltd. announces that Mr. Albert Basile, of Vancouver, British Columbia, has been appointed to the Board of Directors of the Company. Mr. Basile graduated from the University of British Columbia with a Bachelor of Arts followed by a Juris Doctor degree. Over his career he practiced law, specializing in the areas of corporate commercial, civil litigation, and administrative law. He also was active [...]
Highlights Quartz Mountain has received a National Instrument 43-101 Technical Report from C.J. Greig & Associates Ltd. on its Jake Porphyry Copper-Gold-Silver Property located in northwest BC. The Jake Property, as described in the Technical Report, hosts broad areas of alteration and precious and base metals mineralization characteristic of Cu+Au porphyry-type systems, as well as Au-Ag low-sulphidation epithermal type [...]
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