Headwater Gold Inc. is pleased to announce that the Company has obtained the final receipt for its non-offering prospectus from the British Columbia Securities Commission on May 31, 2021. Headwater previously received conditional approval to list the Company's common shares on the Canadian Securities Exchange . Having filed the Final Prospectus, the Company expects to complete its listing and to have the Common Shares [...]
Inflection Resources Ltd. is pleased to provide an exploration update from its copper-gold drill projects in Northern New South Wales, Australia. Summary Highlights First-pass drilling on the Mundadoo target intercepted zones of intense and favourable high temperature potassic-style biotite overprinted by sericite alteration suggesting proximity to a new and additional, previously unrecognised porphyry centre; Further [...]
Inflection Resources Ltd. is pleased to announce that further to its news release of April 13, 2021, the Company has completed a non-brokered private placement to raise gross proceeds of $4,437,490 through the sale of 13,867,156 Units priced at $0.32 per Unit. Each Unit consists of one common share and one half of one share purchase warrant, with each whole warrant exercisable into one further common share at a price of [...]
Not for Distribution to United States News Wire Services or for Dissemination in the United States Vancouver, British Columbia, April 13, 2021: Inflection Resources Ltd. is pleased to announce that it proposes to undertake a private placement to raise gross proceeds of up to $3,000,000 through the sale of up to 9,375,000 units priced at $0.32 per Unit. Each Unit consists of one common share and one half of one share [...]
Inflection Resources Ltd. is pleased to announce that Dr. Alan Wilson has joined the Company as a Technical Advisor. As Technical Advisor, Dr. Wilson will assist the Company with the ongoing copper-gold exploration program in northern New South Wales, Australia where initial drilling has identified several areas of alteration indicative of copper-gold porphyry centres. Expert in alkalic porphyry systems, particularly in [...]
Inflection Resources Ltd. is pleased to provide a drilling update from its projects in Northern New South Wales, Australia. Summary Highlights Step-out drilling on the Trangie target in drill hole TRNDH007 has identified the most intense zone of alteration and mineralisation intercepted to-date, including zones of disseminated and vein style chalcopyrite; First pass drilling on the Melmiland target intercepted zones of [...]
Inflection Resources Ltd. is pleased to announce that it has qualified for trading on the OTCQB Venture Market in the United States operated by the OTC Markets Group Inc. and the Company's common shares have commenced trading on the OTCQB under the symbol "AUCUF". The Company's common shares will continue to trade on the Canadian Securities Exchange under the symbol "AUCU", and on the Frankfurt Exchange under the symbol [...]
Inflection Resources Ltd. is pleased to provide an update from its ongoing drilling in Northern New South Wales, Australia. Summary Highlights First-pass drilling on the Macquarie target has identified a new zone of highly encouraging, intense potassic alteration, characteristic of that seen in the vicinity of Macquarie Arc porphyry systems; Macquarie drill hole MACDDH001 returned the strongest, most favorable alteration [...]
Inflection Resources Ltd. has initiated a first-pass drill program on its Carron gold project located in North Queensland, Australia. The drill program will test a number of orogenic lode gold, intrusion related gold, and copper-gold targets developed along trend from the historic Croydon Gold camp. Summary Highlights The Carron project spans approximately 30 kilometres of untested, undercover, NW trending structural and [...]
Inflection Resources Ltd. is pleased to announce the results of drilling on three additional targets, part of its Northern NSW Project located in New South Wales, Australia. Summary Highlights First-pass drilling on the Trangie target has discovered a new zone of highly encouraging alteration, characteristic of that seen in the vicinity of Macquarie Arc porphyry systems. Trangie drill hole TRNDH002, hosts the strongest [...]
Inflection Resources Ltd. is pleased to announce that it has appointed Mr. John Wenger, CPA, CA as Chief Financial Officer of the Company. Mr. Wenger is currently Vice-President, Corporate Strategy and Chief Financial Officer of Contact Gold Corp., and previously served as Chief Financial Officer and Corporate Secretary of Pilot Gold for six years, where he was part of a management team that raised over $100 million, and [...]
Inflection Resources Ltd. is pleased to announce the results of drilling on the first three of twenty targets, part of its Northern NSW Project located in New South Wales, Australia. Summary Highlights Drilling on the Myallmundi target intercepted highly encouraging alteration consisting of several generations of vein stockwork comprising chlorite-magnetite, quartz-carbonate and epidote-quartz carbonate, with traces of [...]