Deep-South Resources Inc. today announced that it has appointed Knight Piésold Consulting to conduct scoping studies and assessments on the Haib Copper Project in Namibia. Knight Piésold has extensive experience in environmental, bulk water supply, power, and heap leaching projects in Namibia and Southern Africa. The scoping studies include: Water Supply Scoping Study: Knight Piésold will undertake a high level assessment [...]
Deep-South Resources Inc. announced today the first assay results from its current drilling program at its Haib Copper project in southern Namibia. Significant copper and molybdenum intersections include: - HM06 : 0.47% CuEq over 152 metres, including 30 metres at 0.81% CuEq - HM07 : 0.42% CuEq over 128 metres, including 14 metres at 0.57% CuEq - HM10 : 0.65% CuEq over 36 metres, including 12 metres at 1.04% CuEq Pierre [...]
Deep-South Resources Inc. announces that it has appointed METS Engineering Group of Australia to conduct and manage metallurgical and process technology test works on stockpile material from the Haib Copper Project in Namibia. This test work and optimizing concept study aim to improve copper recoveries and thus potentially boost project economics substantially. Pierre Leveille, President & CEO of Deep-South stated, "With [...]
Deep-South Resources Inc. announces that Teck Resources Ltd. has has signed agreements to sell the convertible debenture it holds with Deep-South to third party investors. The convertible debenture has a principal value of $389,117 and is convertible into common shares of Deep-South at a conversion price of $0.115 per common share and has a maturity date of August 30, 2021. The convertible debenture shall continue to bear [...]
Deep-South Resources Inc. , , announces that its common shares have been approved and admitted for trading on the OTCQB Venture Market , under the symbol "DSMTF". The Company's primary listing remains on the TSX Venture market under the symbol DSM and also trades on the Frankfurt Exchange under the symbol DSD. Pierre Leveille, President & CEO of Deep-South stated that: "Trading on OTCQB marks an important milestone for [...]
Deep-South Resources Inc. announces the initiation of coverage by Red Cloud Securities Inc. The initiating coverage report can be found at the following link: https://www.redcloudfs.com/deep-south-resources-inc-tsxvdsm-deep-value-in-a-copper-porphyry-in-namibia/ Red Cloud Securities Inc is a registered Investment Dealer in all Canadian Provinces and Territories and is a member of the Investment Industry Organization of [...]
Deep-South Resources Inc. announces that it has appointed the MSA Group of South Africa to produce an updated National Instrument 43-101 resource estimation for the Company's 100%-owned advanced Haib copper project located in the south of Namibia. The report will follow the completion of the current drilling program. Pierre Leveille, President & CEO of Deep-South stated that: "We are pleased to have appointed MSA; their [...]
Deep-South Resources Inc. announces that it has commenced drilling at its Haib Copper project located in southern Namibia. Ferrodrill has delivered the first drill, while a second drill is currently being mobilized and will be on site in the coming days. The specific focus of this drilling campaign is to further delineate and grow the higher-grade zone of the deposit uncovered by Deep-South in 2019 as the Company advances [...]
Deep-South Resources Inc. - announces that it has appointed Mr. Dean Richards as Vice-President Mineral Resources Development. Mr. Richards has 29 years of geological experience in exploration, mineral resource modeling and estimation, as well as mine planning and design. Before establishing Obsidian Consulting Services in 2006, he worked for 8 years in the technical mining software industry selling, supporting and [...]
Deep-South Resources Inc. , announces that the December 2020 updated Preliminary Economic Assessment report on the Haib Copper project in Namibia has been filed on SEDAR. The report is accessible at www.sedar.com and on the Deep-South website at www.deepsouthresources.com. About Deep-South Resources Inc. Deep-South Resources Inc. is a mineral exploration company largely held by Namibian shareholders and Management [...]
Deep-South Resources Inc. announces that it has closed the non-brokered private placement for an amount of $4,601,211. Pierre Leveille, President & CEO of Deep-South stated that: "We are extremely delighted by the strong demand leading to this financing. We have recently completed a robust updated PEA, we are preparing our upcoming drilling program and with the strong copper price, we are highly optimistic for the coming [...]
Deep-South Resources Inc. is pleased to announce that due to significant demand, it has upsized the previously announced non-brokered private placement from C$2,000,000 to C$4,500,000. Under the revised private placement, the Company will sell 30,000,000 units of the Company at a price of C$0.15 per Unit. Each Unit will be comprised of one common share of the Company and one half of one common share purchase warrant [...]
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