Colorado Resources and Damara Goldannounce that, further to their joint news release of November 20, 2017, the parties have mutually agreed to terminate the letter agreement whereby Colorado granted Damara the option to acquire a 100% interest in Colorado’s Kinaskan-Castle project located in the Liard Mining Division within the “Golden Triangle Area” of northwestern British Columbia. Damara Gold Corp. As [...]
WEST KELOWNA, British Columbia, Nov. 20, 2017 -- Damara Gold Corp. and Colorado Resources Ltd. are pleased to announce that they have entered into a letter agreement whereby Damara can acquire a 100% interest ) in Colorado’s Kinaskan-Castle project located in the Liard Mining Division within the “Golden Triangle Area” of northwestern British Columbia. Completion of the Transaction is subject to the [...]
Helio Resource is pleased to report that it has reached agreement with Damara Gold whereby the earn-in agreement between Damara and Helio will be cancelled, and Helio and Damara will transfer their respective interests in two Namibian exploration licences, through wholly owned subsidiaries, namely EPL 3738 (Wilhelmstal) and EPL 3739 (Otjimbojo) (together the "Property"), into Osino Resources Corp. ("Osino"), a [...]
Damara Gold and Helio Resource are pleased to report results of soil sampling programmes at the GoldKop Extension and Twin Peaks Targets at the DGP Gold Project in the central Namibian Gold belt. The link DGP Regional Plan Map shows the location of the DGP Gold project and the new soil sampling grids in relation to the Navachab Gold Mine (operated by QKR), and the Companies' GoldKop target. The DGP Gold Project is part of [...]
Solomon Resources approval for its previously announced Consolidation and Name Change. As a result, the common shares of Solomon have been consolidated on a ten to one (10:1) basis, such that the previously existing 56,884,992 Common Shares have been consolidated and there are now approximately 5,688,499 post-Consolidation Common Shares issued and outstanding.
Solomon Resources, is pleased to announce further to its News Release of August 5, 2014, the Company will proceed with the previously announced share consolidation and name change. The Consolidation was 95.9% approved by the shareholders voting at a special meeting held in West Kelowna on September 22, 2014. The Consolidation and name change to Damara Gold Corp. as defined herein are subject to TSX Venture Exchange [...]
Solomon Resources, is pleased to announce the following corporate developments: Solomon proposes to consolidate its share capital on the basis of one (1) new common share of the Company, for every ten (10) existing common shares. The Consolidation is subject to the approval of the TSX Venture Exchange and Solomon's shareholders, said approval to be sought at the upcoming Special Meeting to be held on Monday, September 22 [...]
Solomon Resources, is pleased to advise further to its news release of March 21, 2014, it has received TSX Venture Exchange approval on the option to acquire from Helio Resource up to a 60% interest in Helio’s Damara Gold Project (DGP) in Namibia in two stages. Consideration for the option includes the aggregate issuance of 15,000,000 common shares of Solomon and exploration work expenditures of $1,500,000 over a three [...]
Solomon Resources, is pleased to announce the appointment of William Lindqvist as a Director of the Company. Dr. Lindqvist possesses more than thirty-five years of international exploration experience, and has participated in gold discoveries across a broad spectrum of geologic terrains. Dr. Lindqvist is presently a director of Luna Gold Corp, Andean Gold Ltd, and Canada Coal Inc. In the past, he served as the Vice [...]
Helio Resource and Solomon Resources are pleased to report the companies have entered into a Letter of Intent, whereby Solomon can earn up to a 60% interest in Helio's Damara Gold and Tin Project in Namibia. Subject to TSX Venture Exchange approval, the principal terms of the two-stage agreement are as follows: Stage 1 (to earn a 51% interest)