VANCOUVER, July 9, 2019 /CNW/ - Boreal Metals Corp. is pleased to announce results from its seven hole, 1,454.8 meter drilling program at the 100% owned Gumsberg project located in the prolific Bergslagen mining district in Sweden. "We are delighted to see that the new Östra Silvberg South Discovery continues to return high-grade silver-zinc-lead mineralization," stated Patricio Varas, CEO. "Drilling completed to [...]
Boreal Metals Corp. is pleased to announce that the Gumsberg No. 1 Exploration Permit has been extended an additional four years to January 21, 2023. The Gumsberg No. 1 permit hosts the newly discovered "South Zone" silver-zinc-lead mineralization at Östra Silvberg where Boreal intercepted 12.60 metres of 6.73% zinc, 18.53 g/t silver and 1.99% lead in 2018 and 10.94 metres of 17.00% zinc, and 656.70 g/t silver with [...]
VANCOUVER, April 16, 2019 /CNW/ - Boreal Metals Corp. is pleased to announce its Board of Directors have appointed Patricio Varas as Chief Executive Officer. Mr. Varas, alongside, Karl Antonius, who continues to hold the position of President of the Company, have been integral to the creation and public company development of Boreal as a successful exploration company since its inception in 2016. "Boreal continues its [...]
Boreal Metals Corp. is pleased to announce results from a recently completed seven diamond drill hole reconnaissance program at its Burfjord copper gold project in northern Norway . Drilling at Burfjord was completed on time and under budget. Burfjord is host to numerous high-grade veins with associated copper-rich envelopes developed across a large area . The large associated alteration system and widespread copper [...]
VANCOUVER, March 18, 2019 /CNW/ - Boreal Metals Corp. is pleased to announce that further exploration drilling is underway at its Gumsberg project in Sweden. Boreal plans to conduct approximately 1,500 metres of diamond drilling to test a variety of shallow drill targets across the prospective high grade volcanogenic massive sulphide mineral trends at Gumsberg. As part of this program Boreal will conduct additional [...]
Boreal Metals Corp. is pleased to report assay results for the remaining four holes from the recently completed nine hole 1,620.8 metre diamond drill program at its 100% owned Gumsberg project located in the prolific Bergslagen Mining District in southern Sweden . "The continued success intersecting multiple high grade precious and base metal massive sulphide mineralization in the new South Zone is very exciting for [...]
Boreal Metals Corp. is pleased to announce it has closed its non-brokered private placement previously announced on January 30, 2019. Due to increased demand, the previously announced private placement was increased from approximately 10,526,316 to 17,060,934 units of the Company at a price of $0.095 per Unit for gross proceeds of approximately $1,620,000. "We want to especially thank EMX Royalty for their constant [...]
Boreal Metals Corp. is pleased to announce a non-brokered private placement of up to 10,526,316 units at $0.095 per unit for total gross proceeds of up to approximately $1,000,000. Each unit will consist of one common share and one warrant, with each warrant being exerciseable for one additional common share at a price of $0.15 for a period of 24 months from the date of issue. All securities issued under the private [...]
Boreal Metals Corp. is pleased to report assay results from the first four holes of a recently completed nine hole, 1,620.8 metre diamond drill program at its 100% owned Gumsberg project located in the prolific Bergslagen Mining District in southern Sweden . "Boreal has made a new discovery of high grade mineralization near the historic Östra Silvberg Mine on our Gumsberg project in Sweden," stated President and [...]
Boreal Metals Corp. is pleased to announce the completion of the 1,620.8 metre diamond drill program at its 100% owned Gumsberg project located in the prolific Bergslagen Mining District in southern Sweden . Boreal completed nine additional diamond drill holes in the vicinity of the past producing Östra Silverberg Mine. Diamond drilling tested prospective stratigraphy that is spatially separated from the [...]
Boreal Metals Corp. is pleased to announce the appointment of Thomas Söderqvist as an independent, non-executive director effective January 1, 2019. Mr. Söderqvist is a mining professional with over 40 years' of experience in the mining industry and is currently Senior Vice President of the Boliden Group based in Stockholm. He has held management positions in some of the most important companies in the [...]
VANCOUVER, Dec. 10, 2018 /CNW/ - Boreal Metals Corp. is pleased to announce that further exploration drilling is underway at its Gumsberg project in Sweden. Boreal plans to conduct approximately 1,000 metres of diamond drilling to test a variety of shallow drill targets across the prospective high grade volcanogenic massive sulphide mineral trend in the Östra Silvberg mine area where mining activities can be traced [...]