Bond Resources Inc. announces that it has arranged a non-brokered private placement of up to $3,000,000 through the issuance of up to 20,000,000 units at a price of $0.15 per Unit. Each Unit will be comprised of one common share and one common share purchase warrant , with each Warrant entitling the holder to purchase one common share of Bond at a price of $0.40 per share for a period of 2 years, provided that, if after [...]
Bond Resources Inc. is pleased to announce that it has completed a 17-hole drill program that was concentrated in the heart of the Mary K Mine's historic workings, near Elk City, Idaho. Results confirmed the continuity of the Mary K vein and its host structure over a strike length of 230 ft., , and to vertical extent of 255 ft., . The recent drilling campaign indicates that the structure that hosts the Mary K vein ranges [...]
Bond Resources Inc. is pleased to announce that it has completed a 17-hole drill program that was concentrated in the heart of the Mary K Mine's historic workings, near Elk City, Idaho. Results confirmed the continuity of the Mary K vein and its host structure over a strike length of 230 ft., , and to vertical extent of 255 ft., . The recent drilling campaign indicates that the structure that hosts the Mary K vein ranges [...]
Bond Resources Inc. is pleased to announce that a mining permit has been approved by the Idaho Environmental Department, clearing the way for underground mining operations and exploration drilling to proceed at the Company's Mary K Mine. Also, the Resource Protection & Assistance Bureau of Idaho has approved the Company's Reclamation Plan for the Mary K Mine. The Reclamation Plan requires Best Management practices to [...]
Bond Resources Inc. is pleased to announce its first drill program on the Mary K Mine project, near Elk City, Idaho. The program will consist of 14 holes for a total of 5,470 ft and is primarily designed to validate historical gold grades and test the continuity of the Mary K vein system. Bond Resources will also test for additional parallel veins south of the Mary K workings. There are historical references to several [...]
Bond Resources Inc. is pleased to announce that it has received positive metallurgical results that indicate mineralized material taken from its Mary K Mine project, near Elk City, Idaho, is amenable to a standard gravity plus flotation process. Preliminary work, conducted by Bureau Veritas Minerals Metallurgical Division, showed that combined gravity and flotation recoveries of 96.3% gold and 72.7% silver were achievable [...]
Bond Resources Inc. announces the following new appointments to the Board of Directors, following the closing of the acquisition of MJ Mining Inc., a private Canadian company whose wholly-owned US subsidiary holds the contractual rights to acquire the Mary K Property in Idaho, USA . The Honourable Scott Brison of Windsor, Nova Scotia and Valéry Zamuner of Outremont, Quebec were appointed directors of the Company following [...]
Bond Resources Inc. announces that the Company's common shares will resume trading on the Canadian Securities Exchange on May 20, 2020. The resumption of trading follows regulatory acceptance of the Company's Share Exchange Agreement with MJ Mining Inc., a private Canadian company whose wholly-owned US subsidiary holds the contractual rights to acquire the Mary K Property in Idaho, USA . Bond issued 62,200,000 shares to [...]
Toronto, Ontario-- Bond Resources Inc. has requalified for listing following a fundamental change review. The name and symbol will not change. Listing and disclosure documents are available at www.thecse.com. Bond Resources is a mineral resource company that holds the contractual rights to acquire the Mary K mine in the Elk City mining district of Idaho. The Company will focus on near-term production and rediscovery at [...]
Bond Resources Inc. announces that, further to its news releases of November 15, 2019 and February 4, 2020, it has closed Tranche 1 of its non-brokered private placement , raising $1,618,210 in gross proceeds through the issuance of 8,091,050 units at a price of $0.20 per Unit. The Financing is being undertaken in conjunction with the Company's proposed acquisition of an interest in the Mary K Property, in Idaho. Each [...]
Bond Resources Inc. is pleased to announce the appointment of Elaine J. Dorward-King, Ph.D. as a director of the Company. Dr. Dorward-King's appointment is part of the continuing series of events involved in Bond's proposed transaction to acquire the rights to the Mary K Property in Idaho. Dr. Dorward-King has over 28 years' experience in the mining, chemicals and engineering industries. From March 2013 until January [...]
Bond Resources Inc. announces the appointment of Joseph A. Carrabba as President and CEO of the Company. Mr. Carrabba's appointment is the first of a series of events that form part of Bond's proposed transaction to acquire the rights to the Mary K Property in Idaho. Mr. Carrabba is a mining executive with over 42 years of management and operational experience in the resource industry. He has served on boards of several [...]