Sale Reflects Gentor's Focus on Its Copper Exploration Properties in Turkey TORONTO, ONTARIO--(Marketwired - Jul 15, 2014) - Gentor Resources Inc. ("Gentor" or the "Company") (TSX VENTURE:GNT) announces that it has closed the sale to Savannah Resources plc (the "Purchaser") of Gentor's properties in Oman (the "Oman Sale"). The Purchaser is an AIM-listed mineral exploration company. The Oman Sale was effected by way of [...]
TORONTO, ONTARIO--(Marketwired - May 23, 2014) - Gentor Resources Inc. ("Gentor" or the "Company") (TSX VENTURE:GNT) announces that it has granted to employees, officers, directors and a consultant of the Company, pursuant to the terms of the Company's stock option plan, a total of 1,680,000 stock options, each such stock option entitling the holder to purchase one common share of the Company at a price of Cdn$0.15 for a [...]
Sale reflects Gentor's focus on its copper exploration properties in Turkey TORONTO, ONTARIO--(Marketwired - Apr 10, 2014) - Gentor Resources Inc. ("Gentor" or the "Company") (TSX VENTURE:GNT) announces that it has entered into an agreement with Savannah Resources plc (the "Purchaser") to sell Gentor's properties in Oman to the Purchaser (the "Oman Sale"). The Purchaser is an AIM-listed mineral exploration company. The [...]
Gentor announces that, further to its January 31, 2014 press release, it has closed a non-brokered arm's length private placement of 2,000,000 units of the Company at a price of Cdn$0.075 per Unit for proceeds to the Company of Cdn$150,000. Each such Unit is comprised of one common share of the Company and one-half of one warrant of the Company, with each full warrant entitling the holder to purchase one common share of [...]
Gentor has made several corporate and board changes effective immediately. Arnold Kondrat, currently Executive Vice-President, has been appointed President and Chief Executive Officer of the Company replacing Dr. Peter Ruxton. Dr. Ruxton will continue as a director on the board of directors of the Company. "We would like to thank Peter for leading Gentor's exploration activities in Turkey and Oman and look forward to his [...]
Gentor announces that it proposes to carry out a non-brokered arm's length private placement of 2,000,000 units of the Company at a price of Cdn$0.075 per Unit for proceeds to the Company of Cdn$150,000. Each such Unit is to be comprised of one common share of the Company and one-half of one warrant of the Company, with each full warrant entitling the holder to purchase one common share of the Company at a price of [...]
Gentor announces that, further to its January 22, 2014 press release, it has closed a non-brokered private placement of 7,500,000 units of the Company at a price of Cdn$0.0525 per Unit for proceeds to the Company of Cdn$393,750. Each Unit is comprised of one common share of the Company and one warrant of the Company (a "Warrant"), with each Warrant entitling the holder to purchase one common share of the Company at a [...]
Gentor Resources and its joint venture partner in the Karaburun project in northern Turkey, have successfully converted the exploration licence for the Karaburun project to an operating licence. The operating licence has a tenure of 10 years. This development clears the way for Gentor and its joint venture partner to apply for forestry permits to drill the Karaburun gossans. Gentor is proposing a 2,100 metre diamond drill [...]
Gentor Resources has outlined a significant metasediment-hosted VMS system in forested terrain near Karaburun about 17 kilometres north-west of Boyabat in the Sinop District of the Central Pontide Region in northern Turkey (Figure 1). The Karaburun gossans lie in the same stratigraphy as the long-life Kure Copper Mine and a newly discovered large copper resource at Honanu owned by Asya Mining, which lies 20 kilometres to [...]
Gentor Resources, through its Turkish subsidiary, has signed two further Joint Venture Option Agreements in northern Turkey. Gentor's President and CEO Dr. Peter Ruxton commented: "Gentor's "back to first principles" approach in the search for Cyprus-type VMS deposits in Turkey has resulted in the identification of several surface gossans in distal VMS settings and led to the negotiation of Joint Venture Option Agreements [...]