Bathurst Metals is pleased to announce it has been granted a five-year drill permit for the company's Peerless Property in southwest British Columbia. The company will launch its first drill project on the Peerless Property in early February 2024, targeting gold mineralization in the Beta Zone. Three drill holes are planned for 600m. The Beta Zone is an area of historical exploration that discovered a blind zone of [...]
Bathurst Metal is pleased to announce it has closed the first tranche of its previously announced private placement of flow-through and non flow-through units. The Company issued 3,150,000 flow-through units at a price of $0.10 per FT unit and 1,150,000 non flow-through units at a price of $0.08 per non FT unit for gross proceeds of $407,000. Each FT Unit consists of one common share and one-half of one common share [...]
Bathurst Metals announced, as required by the TSX Venture Exchange, that the Company's news release dated October 25, 2023 inadvertently contained incorrect information. The date of the Assignment and Assumption Agreement to acquire an undivided 100% interest in the "Kannika Property" is October 23, 2023. "Harold Forzley" CEO Bathurst Metals Corp. For more information contact Harold Forzley info@bathurstmetalscorp.com [...]
Bathurst Metals is pleased to announce the terms of a non-brokered private placement financing of 4,000,000 units of securities on a flow-through basis at a price of $0.10 per FT Unit. Each FT Unit will consist of one flow-through common share and one-half of one share purchase warrant with each whole warrant exercisable to acquire one additional non flow-through common share for $0.20 per Warrant Share for a period of [...]
Vancouver, October 30, 2023 - Bathurst Metal Corp. is pleased to announce the Company has received final assay results from the summer 2023 field exploration work on the copper/silver/gold/cobalt 100% owned, Gela Lake property in central Nunavut. The work focused on geological mapping and rock and soil sampling along the Bathurst Fault to test for the extension of mineralization underneath cover to the west of a large [...]
Bathurst Metals is pleased to announce it has entered into an Assignment and Assumption Agreement dated August 23, 2023 with arm's length vendors to acquire an undivided 100% interest in five mineral claims known as the "Kannika Property". The Vendors hold an option to acquire the claims pursuant to a mineral option agreement dated October 11, 2023. As consideration for the assignment of the Option Agreement to the [...]
Bathurst Metals Corp. is pleased to announce the assay results from our spring soil sampling program on the Peerless Mineral Tenures property located in the Goldbridge Mining Camp in south-central British Columbia. The soil sampling program was designed to cover an area where thrust bound, ultramafic intrusives occur. The ultramafics were observed to be listwanite altered; a classic geological setting in the Goldbridge [...]
Bathurst Metals is pleased to announce that exploration crews have successfully completed our spring soil sampling and ground magnetic survey program on the Peerless property located in the Goldbridge Mining camp, in south-central British Columbia. Field crews collected a total of 200 soil samples in an area of altered, up-thrusted ultramafics. Crews also performed 15.5 line kilometers of ground magnetic surveying. The [...]
Bathurst Metals Corp. is pleased to announce the signing of an exploration agreement with the Bridge River Indian Band regarding the Peerless Property. The road accessible Property is located 9 km north of the village of Gold Bridge, and 17.5 km north of the historic Bralorne-Pioneer Gold Mining Camp within the Xwísten's traditional territory in southwestern British Columbia, Canada. The Exploration Agreement [...]
Bathurst Metals Corp. is pleased to announce the signing of an exploration agreement with the Bridge River Indian Band regarding the Peerless Property. The road accessible Property is located 9 kilometres north of the village of Gold Bridge, and 17.5 km north of the historic Bralorne-Pioneer Gold Mining Camp within the Xwísten's traditional territory in southwestern British Columbia, Canada. The Exploration [...]
Bathurst Metal is pleased to provide the following update on its 100 % owned Muskox PGE-Chromite Reef claim. BMV has an exploration agreement, C062-21-001, with Nunavut Tunnigavik Incorporated to conduct mineral exploration on Inuit owned lands announced October 06, 2022. Company geologists are now preparing to commence field work on the 10,433 hectare Muskox Reef Project which lies north of the McGregor/Speers Lake [...]
Bathurst Metals announced it has entered into an Option Agreement with an arm's-length purchaser SPC Nickel granting an option to SPC to acquire a 100% undivided interest in the Company's McGregor Lake and Speers Lake mineral properties. Terms of the Option Agreement provide for the payment by SPC of an aggregate of $1,350,000 over three years, including a firm commitment of $300,000 upon signing the Option Agreement. SPC [...]