Vancouver, December 20, 2023 - Inflection Resources Ltd. is pleased to provide an update on its ongoing drill program in New South Wales, Australia conducted under the Exploration Agreement with AngloGold Ashanti Australia Limited announced on June 14, 2023. Summary Highlights: Recent drilling has focused on eight principal target areas: Duck Creek, Fairholme, Canonba, Nine Mile, Meringo, Nyngan, Trangie and Marra; An [...]
Vancouver, December 18, 2023 - Inflection Resources Ltd. is pleased to announce it has completed four drill holes on its Carron Project in Northern Queensland, Australia. Summary Highlights: Four drill holes totalling 1,055 metres were recently completed on the Carron Project Drilling tested four separate aeromagnetic targets over an approximate 20 kilometre distance Three holes intercepted a number of orogenic lode [...]
Vancouver, October 11, 2023 - Inflection Resources Ltd. is pleased to provide an update on its ongoing exploration programs in New South Wales, Australia conducted under an Exploration Agreement with AngloGold Ashanti Australia Limited announced on June 14, 2023. Summary Highlights: Initial drilling has focused on two principal target areas, Duck Creek and Myallmundi where earlier drilling by the Company intercepted [...]
Vancouver, August 17, 2023 - Inflection Resources Ltd. is pleased to announce that further to its news release of July 26, 2023, the Company has completed a non-brokered private placement to raise gross proceeds of $1,776,750 through the sale of 7,107,000 units priced at $0.25 per Unit. Each Unit consists of one common share and one-half of a share purchase warrant, with each whole warrant exercisable into one further [...]
Vancouver, July 26, 2023 - Inflection Resources Ltd. is pleased to announce that it proposes to undertake a non-brokered private placement to raise gross proceeds of up to $1,500,000 through the sale of up to 6,000,000 units of the Company at a price of $0.25 per Unit. Each Unit consists of one common share and one-half of a share purchase warrant, with each whole warrant exercisable into one further common share at a [...]
Vancouver, July 24, 2023 - Inflection Resources Ltd. is pleased to announce that following the signing of the Definitive Agreement with AngloGold Ashanti Australia Limited announced on June 14, 2023, the Company has commenced a large-scale drill program comprising of approximately 35,000 metres across the Company's 100% owned portfolio of copper-gold projects in New South Wales, Australia. Summary Highlights: Drilling has [...]
Inflection Resources' President and CEO, Alistair Waddell, discusses Definitive Farm-in Agreement with AngloGold Ashanti Australia Limited that outlines the terms under which AngloGold may earn into a number of Inflection's copper-gold projects in New South Wales, Australia, in interview with David Morgan of the Morgan Report. A Media Snippet accompanying this announcement is available by clicking on the image or link [...]
Vancouver, June 14, 2023 - Inflection Resources Ltd. is pleased to announce it has signed a Definitive Farm-in Agreement with AngloGold Ashanti Australia Limited that outlines the terms under which AngloGold may earn into a number of Inflection's copper-gold projects in New South Wales, Australia. Summary Highlights: AngloGold shall fund up to AUD$10,000,000 on exploration expenditures across the portfolio of projects as [...]
Vancouver, June 2, 2023 - Inflection Resources Ltd. / / is pleased to announce the appointment of Mr. Philip Yee, MBA, CPA as Chief Financial Officer of the Company. Mr. Yee is a professional accountant with graduate degrees in business and engineering, and has over 20 years' experience in corporate management, regulatory and compliance, accounting and audit, and taxation for both private and public companies. Previously [...]
Vancouver, April 19, 2023 - Inflection Resources Ltd. is pleased to announce it is the recipient of an exploration grant from the Government of Queensland, Australia. The grant totalling AUD$200,000 has been awarded as part of the Queensland Government's Collaborative Exploration Initiative to further explore the Carron Gold project located in Northern Queensland. Alistair Waddell, Inflection's President and CEO, states [...]
Inflection Resources Ltd. / / is pleased to announce it has signed a non-binding Heads of Agreement with AngloGold Ashanti Australia Limited that outlines the principal terms under which AngloGold may enter into a multi-year Earn-in Agreement across a number of Inflection's copper-gold projects in New South Wales, Australia. Pursuant to the terms of the HOA, AngloGold shall have a 60-day period to complete further due [...]
Inflection Resources Ltd. is pleased to announce it is the recipient of two exploration grants under the New Frontiers Exploration program from the Government of New South Wales, Australia. The grants awarded to the Company's Australian subsidiary total up to AUD$145,500 to further explore the 100% owned Duck Creek copper-gold alkalic porphyry target. AUD$100,000 was awarded for drilling and an additional AUD$45,500 was [...]