Highlights: Three holes, totaling 1,430 metres, will test extensions of the adjacent Delta 1 Project mineralization and new target areas. Hole GLD-23-001 is a vertical hole designed to test the north dipping mineralization from the adjacent Delta 1 property. Hole GLD-23-002 will test a geophysical target at the south end of the Goldie property. Hole GLD-23-003 will test an area of previous drilling and high-grade sampling [...]
Highlights: This is the second equity investment Newmont has made with Awale Financing is announced at a premium to market Awale has drill results pending Awale is about to start a new drill campaign Orecap Invest Corp. is pleased to announce that one of its portfolio investments companies, Awalé Resources Ltd. and Newmont Ventures Limited , a wholly-owned subsidiary of Newmont Corporation have entered into an Investment [...]
Orecap Invest Corp. is pleased to announce that it has made an additional investment in Cuprum Corp. , the private company that owns 100% of Thierry Copper Mine , in Pickle Lake, Ontario. In relation to this, Cuprum has completed a Private Placement of $455,500 . The Private Placement was completed on the same terms as Orecap's initial investment into Cuprum, and Orecap's Chairman, Stephen Stewart, subscribed for $100,000 [...]
Orecap Invest Corp. is pleased to announce that American Eagle Gold Corp. exercised its option to re-acquire a 20% interest in the NAK copper-gold porphyry project from Orecap. As compensation for the sale of the interest, Orecap will receive $1.5 million in American Eagle shares, increasing its ownership of American Eagle to 10.7% of its outstanding common shares while relinquishing its direct interest in the NAK Copper [...]
Orecap Invest Corp. is pleased to announce the closing of a controlling interest in a private company that owns 100% of Thierry Copper Mine , located in Pickle Lake, Ontario. Thierry is Ontario's largest primary copper resource and includes a recent PEA covering only the underground portion of the known resources. Orecap's view is that Thierry's primary upside is its near-surface bulk tonnage potential growth. Thierry [...]
Orecap Invest Corp. is pleased to announce that it has entered into an agreement to acquire a controlling interest in a private company that owns 100% of Thierry Copper Mine , located in Pickle Lake, Ontario. Thierry reflects Orecap's strategy of acquiring opportunities from special situations and incubating new high-potential brownfield projects with excellent infrastructure and jurisdictions. Thierry is Ontario's [...]
Orecap Invest Corp. is pleased to provide an update on American Eagle Gold's NAK Project. Orecap owns over 5 million shares of American Eagle and 20% of the NAK Project. Plans, Sections, and Drill Core Images for American Eagle's NAK23-08: Cross-section with Mineralization and Lithology of NAK23-08 Plan View Map of NAK23-08 Core images from holes NAK23-08 to -11 Video on the Significance of NAK23-08 American Eagle's [...]
Orecap Invest is pleased to announce that it has appointed Gautam Iyer as its VP Corporate Development. Mr. Iyer has over ten years of experience in the mining industry. He has a background in geology along with an MBA from the Schulich School of Business. Gautam is a trained geologist with significant experience in Mining Finance and Corporate Development. Before joining Orecap, Gautam led the corporate development [...]
Orecap Invest is pleased to announce that the Company has completed its investment in Awalé Resources Ltd., as announced in the Company's April 25 news release. "This financing and a change in leadership at Awalé represents a special situation where an active approach can add value to our investments. We are excited to partner with Awalé and its new CEO, Andrew Chubb, who has a clear plan to advance their Odienné project [...]
Orecap Invest Corp. is pleased to announce that the Company has completed its name change and shift of focus to Special Situation investments in the natural resource sector. Orecap will seek opportunities that offer shareholders diverse exposure to high returns on investments in precious and critical metal assets and businesses. Effective today, Orecap's shares now trade on the TSX Venture Exchange under the new symbol [...]
Orefinders Resources is pleased to announce that the Company will change its name to "Orecap Invest Corp." effective May 18, 2023. Subject to final approval of the TSXV, it is anticipated that the common shares of the Company will commence trading under the new name on the TSX Venture Exchange with the new trading symbol "OCI" at market open on May 18, 2023. There is no consolidation or change in the share capital. The [...]
Orefinders Resources is pleased to announce that it has appointed Gerry Brockelsby as its Chief Investment Officer. "We are excited to add Gerry to the team, as he represents the evolution of our strategy to source special situations and strategic investments within the precious and critical metals sector. Specifically, Orefinders seeks active investments where our team can add value through enacting change. As an exempt [...]