St-Georges Eco-Mining Corp. is pleased to announce that, further to its November 17, 2020 press release, it has closed a second and final tranche of 2,150,000 "flow-through" Shares at $0.10 per FT Share, and 6,400,000 units at a price of $0.10 per Unit of its non-brokered private placement, for aggregate gross proceeds of $855,000. Together with the offering tranche closed last week, the company raised $2,025,000 in total [...]
St-Georges Eco-Mining Corp. is pleased to disclose the results of the reverse circulation research hole TRC 20-01 authorised prior to the acquisition of Melmis EHF earlier this fall. The 124m hole intersected a broad zone of low grade disseminated mineralization near surface. At depth of 41.5m the team intersected and confirmed with preliminary assays the existence of a thick interval that contained gold mineralization [...]
St-Georges Eco-Mining Corp. is pleased to announce that, further to its November 17, 2020 press release, it has closed a first tranche of 11,500,000 "flow-through" Shares at $0.10 per FT Share, and 200,000 units at a price of $0.10 per Unit of its non-brokered private placement for aggregate gross proceeds of $1,170,000. Each Unit is comprised of one common share in the capital of the Corporation and one Share purchase [...]
St-Georges Eco-Mining Corp. is pleased to announce that it has increased the size allocation of its previously announced non-brokered private placement offering of common shares and common share warrants units at a price of $0.10 and "flow-through" shares at a price of $0.10. The total gross proceeds will be increased from $1,650,000 to $1,800,000. All other terms will stay the same. Proceeds of this Offering will be used [...]
St-Georges Eco-Mining Corp. is pleased to announce a non-brokered private placement offering of units at a price of $0.10 and "flow-through" shares at a price of $0.10 for total gross proceeds of up to $1,650,000. Proceeds of this Offering will be used to further advance the nickel extraction technology, exploration at the Julie Nickel and Manicouagan Palladium Project in Quebec, and to initiate the definition of a maiden [...]
St-Georges Eco-Mining Corp. is pleased to report that it has completed the acquisition of Melmi EHF, the Icelandic corporation that owned the majority interest in the Thor Gold Project and the remainder or the Icelandic mineral licenses not already controlled by St-Georges. This transformative acquisition gives total control over the mineral licenses of the Republic of Iceland to St-Georges, making it the only junior [...]
St-Georges Eco-Mining Corp. is pleased to disclose that it has completed its first reverse circulation drill hole at the Thor project in the vicinity of Reykjavik in Iceland. The hole was positioned to test a previous surface sample that assayed 37.4 g/t gold and 69.3 g/t silver. The hole was successfully ended at 124 meters. The exploration team lead by Pr Helen Salmon and supported by Herb Duerr and lead field geologist [...]
St-Georges Eco-Mining Corp. is pleased to release the initial fire assays results from the preliminary surface exploration campaign conducted on the Thor Gold Project in order to prepare this summer's shallow drilling campaign. The Company's exploration team collected grab samples from the dry riverbed on both sides of the river running to the west of the historical work areas A total of eight samples were cut from the [...]
St-Georges Eco-Mining Corp. announces that the Company has entered into a conditional binding agreement with BWA Group Plc of London to acquire all the outstanding shares of King of the North , sold by St-Georges to BWA in September 2019. At the time of the transaction in 2019, St-Georges held 50.18% of KOTN. The proposed transaction with BWA and subsequently with the third-party arm-length other holders of the BWA [...]
St-Georges Eco-Mining Corp. is pleased to welcome Ms. Thordis Bjork Sigurbjornsdottir as the new Chief Executive Officer of its wholly own Icelandic subsidiary, Iceland Resources. She will be tasked with handling the major gold exploration and drilling campaigns currently being deployed in the country. The Company is also pleased to announce that it was able to secure two mining claims from two arms-length vendors that [...]
St-Georges Eco-Mining Corp. is pleased to provide additional information regarding the contracted pilot plant facilities of Carrefour innovation sur les materiaux de la MRC des Sources or "CIMMS" initially disclosed in a press release on July 10, 2020. The Company is also providing an update on its research and development process that is now fully reactivated following a slower development period in the last quarter. The [...]
St-Georges Eco-Mining Corp. is pleased to announce that it has executed a pilot-plant service agreement with a Quebec-based, publicly funded laboratory. The agreement allows the Company to have access to a lithium metallurgical processing pilot plant and start operations of the pilot plant as soon as current test work is completed. St-Georges Metallurgy Corp., the Metallurgical Research & Development arm of [...]