Lucky Minerals Inc. announces that it has arranged to sell, by way of a non-brokered private placement, up to 62,500,000 units of the Company at a price of C$0.08 per Unit for gross proceeds of up to C$5,000,000 . Each Unit will consist of one common share of the Company and one common share purchase warrant exercisable into one Common Share for a period of 24 months from the closing date of the Offering at an exercise [...]
Lucky Minerals Inc. announces that The Supreme Court of the State of Montana has issued its ruling on the appeal initiated May 23, 2018 by the Montana Department of Environmental Quality Lucky Minerals Inc. along with the intervention of the State of Montana in support of the appeal. The December 8, 2020 ruling both affirmed in part and reversed in part as well as remanded the DEQ to conduct further analysis as discussed [...]
Lucky Minerals Inc. is pleased to announce that it has identified an area with good potential for a large tonnage low grade type target at the Sherman Prospect. This area is characterized by 1 mm wide sheeted type quartz veins hosted in schists , and two stockwork quartz vein zones comprised of less than 1 mm up to 3 cm wide quartz veins hosted in a meta-granite . . Lucky's CEO, Mr. Francois Perron stated: "The discovery [...]
Lucky Minerals Inc. is pleased to announce that field work on the northwestern section of the Sherman Prospect , has identified an area with significant stockwork type quartz veining, in which a rock chip panel sample taken from outcrop, returned 0.477 g/t gold . Lucky's CEO, Mr. Francois Perron stated: "The discovery of stockwork potential at the Sherman prospect is extremely exciting. As our field crews begin [...]
Lucky Minerals Inc. is pleased to announce that field work on the southwestern section of the Fortuna 4 concession, has outlined the Sherman Prospect , An area of significant quartz veining, measuring approximately 5.5 km by 4.5 km. Sherman lies approximately 6.6 km southwest of the Emma Prospect . Results from rock chip samples confirm the alteration area has anomalous gold with samples up to 1.6 g/t gold. Lucky's CEO [...]
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 [...]
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