Hemlo Explorers Inc. is pleased to announce that it has recently completed a 6.5 line kilometre soil survey mainly over the northern section of the North Limb property in the Hemlo camp. The North Limb property starts 15 km north of Barrick Gold Corporation’s Hemlo Mine Complex that has produced 21 million ounces of gold since it began operations in 1985. The soil survey covered an area measuring 1.7 km in strike [...]
Hemlo Explorers Inc. is pleased to announce that it has closed the non-brokered private placement announced on August 5, 2020, which was subsequently upsized to $3,500,000 later the same day. Brian Howlett, President and CEO commented, “Management is pleased with the robust response to the Offering including the participation of its major shareholders, Northfield Capital and O3 Mining, which is part of the Osisko Group of [...]
Hemlo Explorers Inc. is pleased to announce that due to the high level of interest, it has increased the size of its non-brokered private placement to now raise aggregate gross proceeds of $3,500,000 through the sale of 5,000,000 units at a price of $0.70 per Unit. Each Unit shall be comprised of one common share and one-half of one common share purchase warrant . Each Warrant shall entitle the holder thereof to acquire [...]
Hemlo Explorers Inc. is pleased to announce it has arranged a non-brokered private placement for aggregate gross proceeds of $3,000,000 through the sale of up to 4,285,715 units at a price of $0.70 per Unit. Each Unit shall be comprised of one common share and one-half of one common share purchase warrant . Each Warrant shall entitle the holder thereof to acquire one common share at a price of $1.20 until the date that is [...]
Hemlo Explorers Inc. is pleased to provide an update on exploration activities that commenced in late May at the Company’s Marathon, Ontario area properties. The Properties are located in the Schreiber-Hemlo greenstone belt that hosts the Hemlo Gold Deposit which has produced over 21 million ounces gold since 1985 and remains in operation today at Barrick’s Williams Mine. The Company has over 38,000 hectares of claims and [...]
Hemlo Explorers Inc. is pleased to announce that field work and prospecting has commenced at the Company’s Marathon, Ontario area properties. The nearby Hemlo Gold Deposit has produced over 21 million ounces gold since 1985 and remains in operation today at Barrick’s Williams Mine. This is the first field season since the Company acquired 414 claims from O3 Mining Inc. which increased the size of the Company’s North Limb [...]
Hemlo Explorers Inc. is pleased to provide this update on its recent acquisition of the Hemlo North and Hemlo West properties from O3 Mining Inc. The properties are located in the Archean Schreiber-Hemlo greenstone belt. The belt is host to the Hemlo deposit that has produced over 21 million ounces of gold since discovery in the early 1980’s and continues today at Barrick Gold Corporation’s Williams Mine. The [...]
Hemlo Explorers Inc. is pleased to announce that Mr. Dan McCormack, P.Geo. has been appointed Exploration Manager of the Company. Mr. McCormack will lead the exploration programs at the Pic and North Limb projects near Hemlo, Ontario. Mr. McCormack has spent over 30 years in grassroots and advanced mineral exploration and mine production, including serving as an officer and director of a number of companies. He was a [...]
Canadian Orebodies announces that it is changing its name to Hemlo Explorers Inc. effective May 20, 2020. Effective at the start of trading on Wednesday, May 20, 2020, Hemlo Explorers Inc. will commence trading on the TSX-Venture under the new ticker symbol “HMLO”. The Company also announces today that it will concurrently proceed with a consolidation of its share capital on a three for one basis . Currently, a total of [...]
Canadian Orebodies Inc. is pleased to announce that it has closed the previously announced purchase of the West Hemlo and North Hemlo properties from O3 Mining Inc. in the Hemlo mining district of Ontario . The West Hemlo property is located approximately five kilometers south of the Company’s flagship Pic Project and is situated along the east-central part of the Archean Schreiber-Hemlo greenstone belt. The North Hemlo [...]
Canadian Orebodies Inc. is pleased to announce that it has signed a definitive agreement, dated April 20, 2020, to acquire the West Hemlo and North Hemlo properties from O3 Mining Inc. in the Hemlo mining district of Ontario. The West Hemlo property is located approximately five kilometers south of the Company’s flagship Pic Project and is situated along the east-central part of the Archean Schreiber-Hemlo greenstone [...]
Canadian Orebodies Inc. is pleased to announce that it has appointed Brian Howlett to the position of President and Chief Executive Officer. In addition, Mr. Howlett will join the Company’s Board of Directors. Mr. Howlett is a seasoned professional with over 30 years of senior management experience. Mr. Howlett is the former President and Chief Executive Officer of Dundee Sustainable Technologies Inc and remains on [...]