Orefinders Resources is pleased to announce the start of the 5,000 m Phase 2 drilling program at its Knight Gold Project, located within the Shining Tree district of the southern Abitibi Greenstone belt, about 100 km southwest of Kirkland Lake. Drilling is expected to begin during the first week of October, 2021. Phase 2 drilling will be focused on two exploration target zones, the Tyranite Zone which includes the past [...]
Orefinders Resources Inc. is pleased to announce that Mira Geoscience has been commissioned to complete integrated 3-D geophysical and geological modeling and Artificial Intelligence -driven exploration targeting programs on Orefinders' Knight and McGarry Gold Projects, in the southern Abitibi Greenstone Belt. The two modeling programs are designed to generate high priority drill targets for upcoming drilling campaigns in [...]
Orefinders Resources Inc. is pleased to announce that in partnership with the YMP Scholarship Fund and Ore Group, it has created the Ore Group Indigenous Scholarships. As part of these scholarships, Orefinders will be awarding a $2,000 scholarship to a student leader looking to pursue a career in the mining industry who has demonstrated academic success and a commitment to preserving Indigenous languages and culture. "Ore [...]
Orefinders Resources Inc. is pleased to provide an update on its exploration and drill plans since the announcement of the $60 million strategic investment and partnership with Kirkland Lake Gold. Since then the respective technical teams have completed the planning and budgeting and are prepared to proceed with a Phase 2 drill program on Orefinders Knight Gold Project in the Shining Tree District of Ontario. The Phase 2 [...]
Orefinders Resources Inc. is pleased to announce that it received shareholder approval at its recent Special Shareholder Meeting for the Kirkland Lake Gold Inc. transaction as per Orefinders April 21 news release. 99% of shares received at the Special Shareholder Meeting voted in favour of the new partnership with KL Gold. About Orefinders Resources Inc. Orefinders is a Gold exploration and development company focused [...]
Orefinders Resources Inc. is pleased to announce the completion of a DCIP-MT ORION SWATH ground-based Geophysical Survey on its McGarry Gold Project . McGarry is adjacent to the Kerr Addison Mine that produced approximately 11 million ounces of gold before closing in 1996. The initial 2-D modeling of the Survey data has shown significant IP and MT anomalies associated with the Larder-Cadillac Fault Zone between the [...]
Orefinders Resources Inc. is pleased report the successful completion of its drill program at the Knight Project, in the Shining Tree district of the southern Abitibi Greenstone Belt, Ontario. Approximately 1,700 assay results remain pending from this drill program which represents 27% of the total number of samples submitted to the assay lab. Orefinders is also pleased to report DGN21-004 initial results from drill holes [...]
Orefinders Resources Inc. is pleased to announce that it has closed the private placement portion of the transaction announced with Kirkland Lake Gold Inc. in the Company's news release of April 21, 2021. Private Placement Financing Orefinders issued KL Gold 24.4M common shares at $0.10 per share for gross proceeds of C$2,440,000. There were no finders fees paid in connection to this financing. About Orefinders Resources [...]
Orefinders Resources Inc. and American Eagle Gold Corp. are pleased to announce that further to Orefinders press release dated April 6, 2021, the plan of arrangement spinout transaction has closed effective April 26, 2021. Completion of the Arrangement, as set forth in the arrangement agreement dated January 27, 2021, entered into between Orefinders and American Eagle, was approved by the shareholders of Orefinders on [...]
Orefinders Resources Inc. is pleased to announce a strategic partnership with Kirkland Lake Gold Ltd. wherein Kirkland Lake Gold will acquire a 9.9% interest in the Company. Additionally, Orefinders has granted Kirkland Lake Gold Inc. a wholly-owned subsidiary of Kirkland Lake Gold the option to acquire up to a 75% interest in its Mirado, McGarry and Knight projects in return for spending $60 million in exploration and [...]
Orefinders Resources Inc. is pleased to announce that its Annual General Meeting of Shareholders was held on Tuesday, April 6, 2021, at 10:00 AM Eastern time and all motions put forth by management were adopted by shareholders. The Company is inviting shareholders to watch its latest webinar hosted by Orefinders CEO Stephen Stewart. He will update on today's AGM results, including shareholders approving the American Eagle [...]
Orefinders Resources Inc. is pleased announce the launch of a deep penetrating ORION SWATH ground-based Geophysical Survey on its McGarry Gold Project located to the west of and adjacent to the former Kerr Addison Mine that produced approximately 11 million ounces of gold prior to closing in 1996. "This sort of property wide survey, combining deep penetrating IP and MT technologies has never been conducted on the McGarry [...]