Hemlo Explorers Inc. is pleased to announce that it has started preparing the ground for its upcoming diamond drill program slated to begin in early July 2023. Preparation includes cutting drill pads and helicopter landing sites, roughly 3 kilometres east of Generation Mining's Marathon Palladium Copper Deposit . Drill targets have been selected within a three-kilometre north-south trend that will test the Company's [...]
Hemlo Explorers Inc. announces it is extending the closing of its non-brokered private placement , as announced on April 20, 2023, for an additional 30 days. All terms of the Offering remain unchanged, and the Offering remains subject to the approval of the TSX Venture Exchange. This news release does not constitute an offer to sell or a solicitation of an offer to sell any of the securities in the United States. The [...]
Hemlo Explorers Inc. is pleased to announce that it has received its exploration permit for Project Idaho from the Ontario Ministry of Mines. The Company would like to recognize the Biigtigong Nishnaabeg First Nation for their cooperation and support of the permitting process. The Company, after a very productive 2022 exploration season, will begin a drill program in late June 2023. Exploration results from airborne VTEM [...]
Hemlo Explorers Inc. announces that it will extend the term of an aggregate of 3,932,038 share purchase warrants by an additional eighteen months from May 25, 2023 to November 25, 2024, subject to accelerated expiry terms if the Company's common shares trade at or above $0.80 per share for 20 consecutive days in which case the Company will have the right to accelerate the exercise period to a date ending at least 30 days [...]
Hemlo Explorers Inc. announces it is undertaking a non-brokered private placement to raise aggregate gross proceeds of up to $1,200,000 through the sale of up to 8,000,000 units at a price of $0.075 per unit and 6,666,667 flow through units at a price of $0.09 per flow through unit. Robert Cudney and Northfield Capital Corporation have committed to provide the lead order for the Offering. Each Unit shall be comprised of [...]
Hemlo Explorers Inc. is pleased to update its shareholders on the progress made by Barrick Gold Inc. on the Pic Project optioned from the Company for the four months ended December 31, 2022. The goal of Barrick's initial 2022 field season was to collect geochemical data, both by assay and hyperspectral core scanning in order to broadly classify rock lithologies and link the results to regional magnetic signatures and [...]
Hemlo Explorers Inc. is pleased to deliver to shareholders a summary of the key accomplishments of 2022 and the Company's outlook and exploration plans for 2023. 2022 marked a year of achievements for Hemlo Explorers. On the corporate side, the Company completed the following: In January 2022, the Company announced an option agreement with First Energy Metals Ltd. to option a block of non-core lithium claims in [...]
Hemlo Explorers Inc. is pleased to provide an update on final precious metals and multi-element results from its soil sampling campaign on Project Idaho, located three kilometres southeast of Generation Mining's Marathon Palladium Copper Deposit . Results from the soil sampling program show anomalous precious metals and pathfinder element values over areas covering VTEM anomalies and Coldwell Complex-style mafic intrusive [...]
Hemlo Explorers Inc. is pleased to provide an update on precious metals results received from its soil sampling campaign on Project Idaho, located three kilometres southeast of Generation Mining's Marathon Palladium Copper Deposit . Figure #1 - Project Idaho Location Map https://www.globenewswire.com/NewsRoom/AttachmentNg/c4fc9d48-2f4f-4a7e-ae81-0baa97203d30 A total of 1,072 B-horizon soil samples were collected on a 50 m [...]
Hemlo Explorers Inc. is pleased to provide an update on the summer work program at Project Idaho, which is located three kilometres east of Generation Mining's Marathon Palladium Copper Deposit . Highlights of the 2022 program included: Field programs were completed by late August and consisted of detailed mapping, prospecting and rock sampling; Soil sampling was completed in late October; Government sourced [...]
Hemlo Explorers Inc. is pleased to announce that First Energy Metals Ltd. has chosen to accelerate the option payments for the Falcon Lake claims as announced in a press release dated January 12, 2022. First Energy will make a cash payment of $70,000 and issue 500,000 shares of First Energy as full and final payment of this option agreement. In recognition of the early payments, the Company has agreed to waive any [...]
Hemlo Explorers Inc. is pleased to announce that it has received its exploration permit for Project Idaho from the Ministry of Mines, Natural Resources and Forestry. The Company also confirms that it has executed an Exploration Agreement with Biigtigong Nishnaabeg which covers exploration on Project Idaho and the Pic Project, which was optioned to a subsidiary of Barrick Gold Corporation in August 2022. This Agreement [...]
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