Minsud Resources is pleased to announce that it has granted an aggregate of 3,060,000 incentive stock options under the Company's stock option plan to certain directors, officers and employees of the Company. The options are exercisable at price of $0.30 per share, expire on February 11, 2027 and will be subject to the following vesting terms: one-quarter shall vest on February 11, 2022, one-quarter shall vest on August [...]
Minsud Resources is pleased to announce that certain holders of stock options have exercised an aggregate of 3,500,000 Options resulting in gross proceeds to the Company of $350,000. Each Option is exercisable for one common share of the Company at an exercise price of $0.10 per share. The Options were set to expire on December 22, 2021. About Minsud Resources Corp. Minsud is a mineral exploration company focused on [...]
Minsud Resources Corp. is pleased to announce receipt of assay results from the additional eight drillholes completed in the ongoing Phase 3 program over the Chinchillones area, located at the Chita Valley Project, San Juan province, Argentina. The Company is completing the largest annual drilling program over the Chita project area, encompassing approximately 12,000 meters by the end of December 2021. A total of [...]
Minsud Resources Corp. is pleased to announce that certain holders of common share purchase warrants have exercised an aggregate of 4,180,000 Warrants resulting in gross proceeds to the Company of $627,000. Each Warrant is exercisable for one common share of the Company at an exercise price of $0.15 per share. The Warrants were issued in connection with a private placement financing of the Company which had closed on [...]
Minsud Resources Corp. is pleased to announce that a wholly-owned subsidiary of South32 Limited has given notice of its intention to fund the third tranche exploration activities in 2022 as per the earn-in agreement executed on November 1, 2019. The 2022 program will largely include in-fill and scouting drilling, with the broader objectives of continuing the delineation of the resource footprint at Chinchillones area and [...]
TSX-V: MSR Minsud Resources Corp. is pleased to announce that Minera Sud Argentina, has exercised its option to purchase the remaining 50% beneficial interest in the Brechas Vacas Trust, and has become the indirect owner of 100% of the Brechas Vacas property. The Brechas Vacas property represents one of the main properties in the Company's flagship Chita Valley Project. MSA has paid the required sum of US$735,000 to the [...]
Minsud Resources Corp. is pleased to announce receipt of assay results from the additional seven drill holes completed in the ongoing Phase 3 program over the Chinchillones area, located at the Chita Valley Project, San Juan province, Argentina. Encouraged by the results received, the Company and its partner, a subsidiary of South32 Limited, have decided to extend this drilling program, with the aim of continuing [...]
Minsud Resources Corp. is pleased to announce receipt of assay results from the initial five drillholes completed in the ongoing Phase 3 program over the Chinchillones area, at Chita Valley Project, San Juan province, Argentina. Encouraged by the results to date and advantageous location of the project, the Company continuously drilled through the winter period and plans to expand the current program towards second half [...]
Minsud Resources Corp. polymetallic epithermal system superposed on a deeper porphyry system. These spectrum of mineralization styles are hosted in an intrusion complex encompassing diorite porphyry through to dacites emplaced into sandstones and dome-related diatreme breccias. These mineralization characteristics, particularly the polymetallic intermediate sulfidation are coincident with a targeted porphyry copper [...]
Minsud Resources is pleased to announce that it has granted an aggregate of 539,000 incentive stock options under the Company's stock option plan to certain officers. The options are exercisable at $0.15 per share, all of which shall vest one-quarter on February 12, 2021, one-quarter on August 12, 2021, one-quarter on February 12, 2022, and one-quarter on August 12, 2022, and shall be exercisable for a term of five years [...]
Minsud Resources Corp. is pleased to announce the completion of Phase 2 diamond drilling program, comprised of 12 holes, 5,818 meters, with variable depths between 350-650 meters, completed at the Chita and Chinchillones porphyry targets, part of the Chita Valley Project. Together with Phase 1, the Company completed a total of 9,377 meters during 2020, as shown in Map 1. The program tested targets identified during the [...]
Minsud Resources Corp. is pleased to announce that South32 has given notice of its intention to fund exploration activities in 2021 as per the earn-in agreement between the parties entered into on November 1, 2019. The funding will be directed to further explore Minsud's flagship Chita Valley Project in the Province of San Juan. The Earn-in Agreement grants to South32 the right to acquire a 50.1% direct interest in the [...]