Braveheart Resources Inc. is pleased to announce that the Company has entered into a Capacity Funding Agreement with the Ktunaxa Nation Council regarding its Bull River Mine Project near Cranbrook, British Columbia. The Bull River Mine Project is located within ʔamakʔis Ktunaxa, the traditional territory of the Ktunaxa Nation . In this agreement, the KNC represents the Ktunaxa Nation at the direction of the four Ktunaxa [...]
Braveheart Resources Inc. is pleased to announce the receipt of an Early Exploration Permit from the Ontario Ministry of Northern Development, Mines, Natural Resources and Forestry for its Thierry Mine Property near Pickle Lake, Ontario. The Company has begun preparations for an initial 5,000 metre drill program at Thierry beginning in the summer of 2022. Initial targets will be focused on the K1-1 near-surface open pit [...]
Braveheart Resources Inc. has completed an updated Preliminary Economic Assessment for its Thierry Mine Project near Pickle Lake, Ontario. The updated PEA was independently prepared by P&E Mining Consultants Inc. of Brampton, Ontario under the supervision of Eugene J. Puritch, P.Eng., FEC, CET. Highlights of the updated PEA The updated PEA focused on mining of the Mineral Resources at the Thierry underground mine by [...]
Braveheart Resources Inc. announces that nickel and palladium by-product credits are becoming increasingly significant to Braveheart at its 100% owned Thierry Mine Project . Thierry is a past-producing open pit and underground mine with copper, nickel, palladium, silver, platinum and gold metal values with copper being the primary metal. On February 22, 2021, an independently prepared Preliminary Economic Assessment by [...]
Braveheart Resources Inc. has closed a financing for proceeds of $826,250, comprising of 11,016,667 units with an issue price of $0.075 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable into a common share at an exercise price of $0.1175 per share for a period of two years. The Company paid commissions to eligible finders under the offering totalling $4,500 [...]
Braveheart Resources Inc. is pleased to announce the commencement of a Preliminary Economic Assessment for its 100% owned Bull River Mine, near Cranbrook, B.C. Braveheart has engaged JDS Energy & Mining Inc. to complete the PEA study. JDS is ideally suited to complete the work having been involved with the project under previous owners and having completed similar studies for junior and major mining companies in northern [...]
Braveheart Resources Inc. is pleased to announce the results of its annual general and special meeting, held in Calgary, Alberta, on January 10, 2022. The shareholders of Braveheart Resources Inc. approved all matters of business put forth at its annual and special meeting, including the re-election of directors David W. Johnston, Ian Berzins, Philip Keele, Aaron Matlock, Gestur Kristjansson, John Morgan, Heather Kennedy [...]
Braveheart Resources Inc. is pleased to announce a 57% increase in copper metal in the new Mineral Resource for the Bull River Mine, near Cranbrook, B.C. The Mineral Resource estimate was independently prepared by Moose Mountain Technical Services under the supervision of Sue Bird, P.Eng. The current Mineral Resource is based on a 0.9% copper equivalent cut-off grade whereas the 2018 Mineral Resource was based on a 0.6 [...]
Braveheart Resources Inc. is pleased to announce that further to its press releases dated March 13, 2021 and April 21, 2021, the Company has amended the Concentrate Prepayment Agreement to extend the maturity date under the facility to September 30, 2023 or such earlier date if the Company is in default of the conditions under the agreement. In connection with the amendment, the Company has agreed to grant Ocean Partners [...]
Braveheart Resources Inc. is pleased to announce the following changes to the Board effective this date. Peter A. Lacey, ICD.D has agreed to join the Board as an Independent Director of the Company. Brian Murray, one of the co-founders of Braveheart and its longest standing Director has notified the Company of his intention to retire. Mr. Lacey is an international businessman and the founder and former Chairman of Cervus [...]
Braveheart Resources Inc. is pleased to report high grade copper and gold mineralization on the final two diamond drill holes from the H1 2021 diamond drill program. Ian Berzins, President and CEO commented "We are extremely pleased with the recent results from this year's drill program. The results indicate that we have mineralized material up to 175 metres below the lowest levels of the developed underground mine [...]
Braveheart Resources Inc. is pleased to report high grade copper and gold mineralization on the final two diamond drill holes from the H1 2021 diamond drill program. Ian Berzins, President and CEO commented, "We are extremely pleased with the recent results from this year's drill program. The results indicate that we have mineralized material up to 175 metres below the lowest levels of the developed underground mine [...]
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