Lucky Minerals Inc. is pleased to announce that field work on the northern section of the Fortuna 4 concession, has outlined the Emma Prospect , a large alteration area measuring approximately 2.8 km by 2.0 km. Emma lies approximately 8 km south of the El Garo Prospect . Results from rock chip samples confirm the alteration area has anomalous gold. Lucky's CEO, Mr. Francois Perron stated: "The outlined surface alteration [...]
Lucky Minerals Inc. is pleased to announce the results of its Annual General Meeting that was held on September 15, 2020. The shareholders approved every resolution presented to them as part of the information circular sent to the Company's shareholders and filed on SEDAR on August 24, 2020 . At the Meeting the shareholders: Received the audited consolidated financial statements of the Company for the fiscal year ended [...]
Lucky Minerals Inc. is pleased to announce that a system of quartz veins have been discovered in the Fortuna 3 and 4 concessions. The Fortuna Property in its entirety comprises approximately 55,000 hectares in a well-known mineralized zone in southern Ecuador. Lucky's CEO, Mr. Adrian Rothwell, stated: "The identification of another target zone proximal to the El Buitre porphyry is testament to the quality of this project [...]
Lucky Minerals Inc. is pleased to announce that continued exploration work at the Fortuna 1 concession continues to expand the recently discovered El Garo epithermal target area. Structural analysis based on satellite imagery, on the Fortuna 1 concession, indicates that the El Garo epithermal alteration zone appears to be spatially related to the margins of a circular feature which measures approximately 5 km in diameter [...]
Lucky Minerals Inc. is pleased to announce it has recommenced field exploration work on its 100% owned Fortuna Property. Fortuna comprises approximately 55,000 hectares in a known mineralized zone in southern Ecuador. Lucky's CEO, Mr Adrian Rothwell stated: "Lucky Minerals is excited to commence field exploration on the Fortuna Project and, in particular, on the newly defined Shincata Gold Trend on the property. The [...]
Lucky Minerals Inc. is pleased to announce that it has entered into a Definitive Option Agreement on the terms outlined in the Company's news release dated March 2, 2020. The Definitive Agreement allows the optionee exclusive rights to explore for copper deposits on the Fortuna 3, 4, 5, and 6 Concessions until January 23, 2021 followed by an earn in on copper targets with a potential to host deposits with greater than [...]
Lucky Minerals Inc. is pleased to announce that, further to its news releases of May 15, 2020 and June 8, 2020, that it has completed the second tranche of its private placement for gross proceeds of $935,490.45. The second tranche closing consisted of 6,236,603 units at a price of $0.15 per Unit. Each Unit consists of one common share in the capital of the Company and one share purchase warrant . Each Warrant will [...]
Lucky Minerals Inc. is pleased to announce that it has closed the first tranche of the previously announced private placement whereby the Company announced it would sell, by way of a private placement, up to 23,333,333 post-consolidation units of the Company at a price of C$0.15 per Unit for gross proceeds of up to C$3,500,000 . The first tranche closing of 14,244,733 post-consolidated units for total proceeds of [...]
Lucky Minerals Inc. is pleased to announce the appointment of two new independent board members to further enhance the team. The new appointees include Mr. Blake Hylands and Mr. Paul Pint as directors of the Company. Lucky is also pleased to announce that Dr. Alan Wilson and Mr. Justin Reid will join the Company in an advisory capacity. Collectively, this is a highly experienced technical and capital markets team and is [...]
Lucky Minerals Inc. is pleased to announce that it has entered into an agreement with Canaccord Genuity Corp. to act as financial advisor to sell, by way of a private placement, up to 23,333,333 post-consolidation units of the Company at a price of C$0.15 per Unit for gross proceeds of up to C$3,500,000. Concurrent with closing the Offering, the Company will undertake a consolidation of its share capital on the basis of [...]
Lucky Minerals Inc. announces that, further to its news release dated December 5, 2019, it has received shareholder and TSX Venture Exchange approval for the shares for debt transaction to settle the second and final aggregate of $114,057.15 in indebtedness of the Company to certain creditors, including 3 persons who are officers and/or directors of the Company through the issuance of 2,281,143 common shares of the [...]
Lucky Minerals Inc. is pleased to announce the deployment of exploration teams at the 100% owned Fortuna Project, located in southern Ecuador. The Company's geological team is led by Mr. Victor Jaramillo Exploration Manager for Lucky Minerals. The Fortuna Project has potential to host three significant types of gold mineralization - epithermal, orogenic, and placer gold - as well as, copper-gold porphyry systems [...]