Chibougamau Independent Mines Inc.

Chibougamau Independent Mines Inc. announces that it will effect a non-brokered private placement of a maximum of 5,882,352 “flow-through” common shares at a price of $0.17 per share for maximum gross proceeds to Chibougamau of $1 million. Chibougamau will use the proceeds from the “flow-through” private placement for exploration on certain of its properties in Qu?bec. Chibougamau also announces that it will effect a [...]

Chibougamau Independent Mines Inc. , herein called Chibougamau, wishes to inform shareholders that as of 16:30 today, our offices located at Rouyn-Noranda, Quebec will close for a minimum of three weeks due to the ongoing Corona Virus crisis. Employees will work from home and we expect, in large part, to function as usual. Chibougamau is doing this in an abundance of caution to protect our most valuable asset, our staff [...]

Chibougamau Independent Mines Inc. , herein called Chibougamau, wishes to inform shareholders that we have completed a four hole drill program in the area of the C-3 copper/gold zone on our 100% owned Bateman Bay property, located 8 km east of the Town of Chibougamau, Quebec in McKenzie Township. Hole BJ-20-29 below is the last hole directed toward testing the C-3 zone of this drill program. Hole BJ-20-29 assayed as [...]

Chibougamau Independent Mines Inc. , herein called Chibougamau, is pleased to report the results of the deepest drill hole completed upon the C-3 copper/gold zone located on our Bateman Bay Mine property in McKenzie Township, Quebec, approximately 8 km east of the Town of Chibougamau. Hole BJ-20-27 was drilled to undercut previous Hole BJ-19-18 which at a vertical depth of approximately 450 m intersected 7.70% Cu, 3.58 [...]

Chibougamau Independent Mines Inc. wishes to provide shareholders with an update regarding exploration on our C-3 copper/gold zone, located in Roy Township, east of the town of Chibougamau, Quebec. Previously, in a series of press releases dated April 4, 2019, April 22, 2019, August 7, 2019 and August 8, 2019, significant intersections of copper, gold, silver and cobalt were reported. The deepest intersection was in Hole [...]

Chibougamau Independent Mines Inc. , herein called Chibougamau, wishes to inform shareholders that it has ended the current drill program at our 100% owned C-3 copper/gold discovery on the Bateman Bay property in the Chibougamau Mining Camp. Core from the last holes is currently being bound onto pallets and will be moved to our Rouyn-Noranda coreshack where final logging and core splitting will take place and samples sent [...]

Chibougamau Independent Mines Inc. wishes to report that two additional sets of assays have been received from drill hole BJ-19-22 which was reported upon yesterday. Four metres above and adjoining the reported intersection of 3.01% Cu, 0.48 g/t Au, 20.20 g/t Ag and 0.025% Co over 45.40 m has assayed 1.44% Cu, 0.36 g/t Au, 5.55 g/t Ag and 0.078% Co over an additional true width of 1.34 m. Also, an additional copper/gold [...]

Chibougamau Independent Mines Inc. is providing assay results and an update on the current ongoing drill program at Chibougamau’s 100% owned Bateman Bay, C-3 copper/gold zone. Globex Mining Enterprises Inc. holds a 3% Gross Metal Royalty on the property. To date, 7 new holes have been completed totaling 3441 m. A number of holes had to be abandoned and restarted due to excessive deviation. One hole, BJ-19-23B, upon [...]

Chibougamau Independent Mines Inc. : CMAUF) announces that it has granted incentive stock options to certain directors and officers of the Company as well as geologists directly involved in exploration of Chibougamau’s properties to purchase up to 675,000 common shares in the capital stock of the Company under its share option plan. Each option entitles the holder to purchase one common share of the Company at an [...]

Chibougamau Independent Mines Inc. and GLOBEX MINING ENTERPRISES INC. are pleased to inform shareholders that we received the required permit to begin drilling on the C-3 Copper/Gold Zone located east of the town of Chibougamau, Quebec. The drill has been mobilized to the property and drilling has begun. Globex Mining Enterprises Inc. holds a 3% gross metal royalty on the property. The C-3 Zone is a significant [...]