ST. JOHN'S, Newfoundland and Labrador, Aug. 11, 2023 -- Vulcan Minerals Inc. , is pleased to announce that Atlas Salt Inc., an affiliated company, has appointed Mr. Richard LaBelle as its new CEO and Director. Mr. LaBelle has an impressive track record of successful management with 40 years mining experience including 27 years at the executive level. Patrick Laracy has resigned as CEO of Atlas after leading a successful [...]
ST. JOHN'S, Newfoundland and Labrador, Aug. 01, 2023 -- Vulcan Minerals Inc. , is pleased to provide an exploration update on its activities in Newfoundland and Labrador as follows: Highlights: Drilling commences at the Colchester/McNeily zone Geochemical soil sampling at the Springdale Project completed Geochemical soil sampling at Carbonear completed Colchester/McNeily Copper-Gold Drilling has commenced at the McNeily [...]
ST. JOHN'S, Newfoundland and Labrador, April 17, 2023 -- Vulcan Minerals Inc. , is pleased to provide an exploration update on its activities in Newfoundland and Labrador as follows: Highlights: Vulcan has exposure to mineral exploration and development on 144,550 hectares Soil sampling at the Springdale Project identified a very anomalous gold trend at Pine Pond with results up to 1.5 grams per tonne Company looks [...]
ST. JOHN'S, Newfoundland and Labrador, Jan. 31, 2023 -- Vulcan Minerals Inc. , is pleased to announce that Atlas Salt Inc. , a related company, has released the results from a Preliminary Economic Assessment of its Great Atlantic salt deposit in Western Newfoundland completed by SLR Consulting Ltd. The complete copy of the Atlas Salt news release can be found here https://atlassalt.com/news providing full context for the [...]
ST. JOHN'S, Newfoundland and Labrador, Nov. 08, 2022 -- Vulcan Minerals Inc. , is pleased to provide the following exploration update on its 100% owned projects. Highlights: Carbonear SEDEX Zinc/Gold project acquired - Magnetic, LIDAR and geochemical surveys completed Springdale Gold - geochemical survey completed over high grade gold trend New Project Generation - Carbonear The Company continues to generate and stake new [...]
ST. JOHN'S, Newfoundland and Labrador, Sept. 23, 2022 -- Vulcan Minerals Inc. announces that Atlas Salt Inc. , a related company, and Triple Point Resources Ltd. have completed the spin-out of Triple Point through a plan of arrangement under the Business Corporations Act . The Arrangement was effective at 12:01 a.m. on September 22, 2022 . Pursuant to the Arrangement, Atlas Salt transferred ownership of mineral licences [...]
Vulcan Minerals Inc. has released it's Audited Consolidated Financial Statements for the year ended Dec 31, 2021. The Company notes that its share ownership in Atlas Salt Inc. was reduced from 63.03% as of December 31 2020 to 36.80 % as of Dec 31 2021 primarily as a result of various equity financings by Atlas during 2021. Accordingly, the Company determined as of October 31 2021, during the fourth quarter, that it no [...]
Vulcan Minerals Inc. provides the following exploration update. Colchester Springdale Drilling Update The Company is still waiting for drill assay results. A total of 1511 meters were drilled over 8 scout holes in late 2021 testing a variety of targets within mafic volcanic sequences at Colchester. Several stringer and disseminated sulfide zones were encountered containing chalcopyrite with variable associations of [...]
Vulcan Minerals Inc. is pleased to announce completion of its drilling program at its 100% owned Colchester copper/gold project in Newfoundland. A total of 1511 meters were drilled over 8 scout holes testing a variety of targets within mafic volcanic sequences. One hole was drilled to test the western flank of the historic Colchester deposit. Three holes tested the central portion of the underexplored McNeilly zone while [...]
Vulcan Minerals Inc. is pleased to announce commencement of drilling at its 100% owned Colchester copper/gold property in Newfoundland. A minimum program of 1500 meters will test the Andrews Pit geophysical target which offsets the historic main Colchester copper/gold deposit. As well, the western flank of the Colchester deposit and the McNeily showing will be drill tested. The Colchester area is part of the larger [...]
Vulcan Minerals Inc. announces that a binding Letter of Intent has been signed with Fjordland Exploration Inc. granting Fjordland the option to acquire a 100% working interest in 30 mineral claims located in the South Voisey's Bay area, Labrador. Under the terms of the agreement, Fjordland has the option to pay Vulcan 1,350,000 common shares, $70,000 cash and incur $250,000 in exploration expenditures over a period of [...]
Vulcan Minerals Inc. announces that it has closed its non-brokered private placement previously announced on June 8, 2021 and subsequently increased to $4,500,000 to accommodate investor interest. Pursuant to the Offering, the Company issued 22,500,000 units at a price of $0.20 per unit for gross proceeds of $4,500,000, with each unit consisting of one common share and one common share purchase warrant. Each warrant [...]
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