Adyton Resources Corp. is pleased to announce that the Papua New Guinea Mineral Resources Authority led a state team to the Wapolu project over the period 1 March to 4 March 2025. The purpose of this visit was to familiarize key department officials with the Project, which was abandoned in the mid 90's, with the intention to provide a fast track approval process given the project is a restart of a former operating mine [...]
Adyton Resources Corp. is pleased to provide an update on the importance of copper mineralization with respect to the Kabang Mineral Resource Estimate on Feni Island. HIGHLIGHTS Significant copper mineralization exists at Feni Project, not previously included in MRE. Historical significant copper results include: 250m @ 0.77 g/t Au and 0.17% Cu 85.4m @ 0.94 g/t Au and 0.57% Cu Two diamond drill rigs have recently [...]
Adyton Resources Corp. is pleased to provide an update on its drilling program with Joint Venture partner, EVIH, at the Company's Wapolu Gold Project on Fergusson Island. Following mobilization by barge from Port Moresby in early December, EVIH has successfully constructed a 20-person camp, established pioneering roads and drill pads, and completed 15 angled diamond drill holes for a total of approximately 1500m. Two [...]
Adyton Resources Corp. is pleased to announce two major milestones in advancing its Feni Gold Copper Project, located on the Feni Islands Group in Papua New Guinea. The Company has entered into a contract with Zenex Drilling, a renowned Papua New Guinea-based drilling services provider, and has completed the construction of a fit-for-purpose camp to support the drilling program. HIGHLIGHTS Zenex Drilling engaged for Feni [...]
Adyton Resources Corp. is pleased to announce the completion of a high-resolution drone magnetic and topographic survey of the Feni Island Gold-Copper Project. Figures 1, 2, and 3, referenced in this release, provide visual details of the survey and the coverage. The survey was conducted by Geoscan, who deployed UAV drones and high-resolution quantum magnetometers. HIGHLIGHTS Completion of a 1673 line kilometer [...]
Adyton Resources is pleased to report that our JV partner, EVIH, has commenced drilling at the Company's Wapolu Gold Project on Fergusson Island. Following mobilization by barge from Port Moresby approximately three weeks ago, EVIH has successfully constructed a 20-person camp, established pioneering roads and drill pads, and initiated drilling operations. Two diamond core rigs have been deployed, with plans to operate [...]
Adyton Resources announces that it has filed its financial statements for the three and nine months ended September 30, 2024 and accompanying Management Discussion and Analysis on its SEDAR+ profile. Tim Crossley, CEO. Neither the TSXV nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this press release. Adyton Resources is focused on the development of gold and copper resources [...]
Adyton Resources announces the Company has granted a total of 7,250,000 stock options and 1,100,000 restricted share units to certain officers, directors and employees of the Company. The stock options have been granted under the Company's Amended and Restated Stock Option Plan. Each option entitles the holder to acquire one common share at an exercise price of $0.20 for a three year period expiring on Nov 8, 2027 [...]
Adyton Resources is pleased to report that leading international drone geophysics equipment and survey provider Geoscan under the direction of Adyton COO Dr Chris Bowden mobilized to Feni Island yesterday and commenced a drone magnetic and imagery/topographic survey. The survey utilizes the latest technology UAV drones and quantum magnetometers. Acquiring the data at a high-resolution will assist Adyton to better identify [...]
Adyton Resources is pleased to report that it has successfully completed the Wardens hearings for the renewal of the exploration licenses related to the Fergusson Island and Feni Island projects. The Hearings are a mandatory step in the renewal process for all exploration licenses in PNG and were conducted by senior Mineral Resources Authority Mining Warden Mr Kopi Wapa on Tuesday 15 October at Gameta village on Fergusson [...]
Adyton Resources is pleased to announce it has closed its previously announced non-brokered private placement offering, pursuant to which it has issued 53,000,000 common shares of the Company at a price of C$0.13 per Share for aggregate gross proceeds of C$6,890,000 or approximately US$5,000,000. As previously announced, the Company intends to use the net proceeds of the Financing for exploration activities primarily [...]
Adyton Resources Corp. is pleased to announce that it intends to undertake a non-brokered private placement offering, pursuant to which it proposes to issue up to 53,000,000 common shares of the Company at a price of C$0.13 per Share for aggregate gross proceeds of up to C$6,890,000. The Company intends to use the net proceeds from the Financing for exploration activities primarily focused on Feni Island, working capital [...]
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