Newpath Resources announces, further to its news release on December 20, 2023, it has closed its non-brokered flow-through private placement. The Company issued 1,045,000 flow-through shares at a price of $0.115 per FT Share for total gross proceeds of $120,175. All FT Shares issued pursuant to the Offering are subject to a four-month hold expiring April 30, 2024, under applicable securities laws in Canada. The proceeds [...]
Newpath Resources is pleased to announce that analytical results have been received from the prospecting program carried out on the Alpha/Bravo project during the late summer and fall of 2023. A total of 142 grab and channel rock samples were collected and submitted for analyses. All results have been received by the Company and are being compared with the LIBS data and prospectors' field records. Detailed modelling of [...]
Newpath Resources is pleased to announce that, further to its news releases dated Dec 12, 2022 and May 30, 2023, it has satisfied the requirements to acquire a 100% interest to 973 unpatented mineral claims over approximately 206 square km in northwestern Ontario pursuant to an option agreement dated Dec 7, 2022 between the Company and arm's length parties. Summary of the Transaction Pursuant to the terms and conditions [...]
Newpath Resources is pleased to provide an update on its lithium exploration program on the Alpha/Bravo Project in northern Ontario. The Company's early stage exploration program has identified an area of highly fractionated pegmatite dyking containing key critical element indicator minerals, including coarse grained muscovite that a Laser Induced Breakdown Spectroscopy handheld scanner has identified contains significant [...]
Newpath Resources announces, further to its announcement on September 29, 2023, it has closed its private placement. The Company issued 2,005,000 units at a price of $0.15 per Unit for total proceeds of $300,750. Each Unit is comprised of one common share and one-half of one common share purchase warrant. Each Warrant entitles the holder to acquire an additional common share of the Company for a period of 12 months from [...]
Newpath Resources announces that the Company plans to complete a private placement offering of up to $300,000 by issuance of up to 2,000,000 units at a price of $0.15 per unit. Each unit will be comprised of one common share in the capital of the Company and one-half of one common share purchase warrant. Each Warrant shall entitle the holder to acquire an additional common share of the Company for a period of 12 months [...]
Newpath Resources is pleased to announce that it has successfully mobilized its first field crew to the Alpha/Bravo Project for preliminary geological reconnaissance utilizing the extensive road network on the property. The Alpha/Bravo claim group is comprised of 2,974 claim units covering an area of 63,118 Ha, making it one of the larger, early-stage lithium exploration land packages in the region. This initial site [...]
Newpath Resources is pleased to announce the staking of 24 new claim units in the Anders Lake Area, Ontario contiguous to the northeastern corner of the Alpha/Bravo claim group increasing the project's footprint to over 63,600 hectares. The new claims were registered on behalf of Newpath on May 13, 2023 and will be subject to the same option agreement the Company entered into on December 7, 2022 . Alpha/Bravo was [...]
Newpath Resources Inc. is pleased to announce the appointment of Jerry Blackwell as a Strategic Advisor to the Company effective immediately. Mr. Blackwell is a self-employed consultant based in Vancouver with extensive greenfields and brownfields exploration experience throughout Canada, Western United States, Mexico and Latin America, with short assignments in parts of Africa, Europe, Greenland, Australia and southeast [...]
Newpath Resources Inc. is pleased to provide an overview of its property acquisition strategy, exploration initiatives, and corporate activities in 2023. Newpath's recently consolidated Alpha/Bravo Project covers 66,597 Ha in northern Ontario . The Project is the largest known land package amongst junior exploration companies exploring for lithium and other battery metals in the province of Ontario. The land package is to [...]
Newpath Resources Inc. is pleased to announce that is has staked additional ground, expanding the size of its Alpha/Bravo Claim Group, the largest of three claim groups that comprise the Company's Orefield Project. The new claims were acquired on behalf of and are 100% owned by Newpath. The Orefield Project includes the Alpha/Bravo, Charlie and Delta claim groups and is comprised of 3,140 claim units covering an area [...]
Newpath Resources Inc. is pleased to update shareholders on our plans for our Northshore Gold Project located in the Schreiber-Hemlo Greenstone Belt. In October of 2022, the Company released an updated Mineral Resource Estimate for North Shore . The updated MRE outlined a pit constrained inferred mineral resource containing 240,100 of gold contained in 6,511,000 tonnes at an average grade of 1.15 grams per tonne Au. The [...]