Coppernico Metals is pleased to provide an update on its exploration projects in Peru. The Company continues to have monthly meetings and regular interactions with the local communities impacting its projects, however, there is no definitive timeline yet for achieving access. Coppernico is also reviewing and pursuing other large-scale exploration opportunities in South America. The Company is also announcing that David [...]
Sombrero Resources is pleased to announce that it is changing its name to Coppernico Metals Inc., effective December 16, 2021. There will not be any action required by existing shareholders with respect to the name change. Issued share certificates representing common shares of the Company will not be affected and will not need to be exchanged. When share certificates with the former Sombrero name are tendered for [...]
Sombrero Resources is pleased to announce the voting results for election of its Board of Directors at the Annual General Meeting of Shareholders held on November 3, 2021 in Vancouver. The director nominees as listed in the Company's Information Circular dated September 24, 2021 and SEDAR filed October 4, 2021 were elected as directors of the Company at the Meeting to serve until the next annual general meeting.
Sombrero Resources is pleased to announce that it has entered into a Share Purchase Option Agreement with Pembrook Copper Corp. to acquire its Peruvian subsidiary, Chukuyo Exploraciones, which owns the rights to the Takana copper-nickel district located in southeastern Peru. The Takana district is comprised of claims encompassing 50,300 hectares and has numerous high-grade copper-nickel occurrences. The claims are located [...]
Sombrero Resources Inc. is pleased to announce that the Company has filed an election with the Canada Revenue Agency to become a public corporation under the Income Tax Act (Canada). As a result, Sombrero’s common shares are now eligible investments for Canadian RRSP, TFSA and the other registered accounts described below. The election will be retroactively effective to a date prior to the October 9, 2020 transaction [...]
Fury Gold Mines Ltd. is pleased to announce completion of the previously announced transaction resulting in Auryn Resources Inc. acquiring Eastmain Resources Inc. and forming Fury Gold. Prior to the merger, Auryn spun out its Peruvian assets into two new companies and distributed the shares to Auryn shareholders. Fury Gold has also now received the net proceeds of the previously completed C$23 million subscription receipt [...]
Alturas Minerals Corp. and Auryn Resources Inc. are pleased to announce that Auryn's Peruvian subsidiary Sombrero Minerales S.A.C. has entered into an addendum to the original option agreement signed on June 28, 2016 in respect of Alturas' 100% owned, 4,600 ha, copper-gold Sombrero property mining concessions located 340 kilometers SE of Lima in southern Peru. Under the terms of the Original Agreement, Alturas had granted [...]
Auryn and Eastmain Resources are pleased to announce that they have entered into a definitive agreement pursuant to which Auryn will acquire all of the issued and outstanding shares of Eastmain, immediately following a spin out of Auryn's Peruvian projects to Auryn shareholders and completion of a concurrent financing The Transaction will create Fury Gold Mines Limited and two independent spin-out entities which will [...]
Auryn Resources Inc. is pleased to announce that it has received its environmental permit, the Declaración de Impacto Ambiental, from the Peruvian Ministry of Energy and Mines for its Sombrero copper-gold project in Southern Peru. The DIA covers an area of 1,031 hectares and allows the Company to drill up to 33 holes from 23 platforms on the Ccascabamba Sombrero Main target area, where Auryn has completed the [...]