Churchill Resources Inc.

Churchill Resources Inc. is pleased to announce that planning and arrangements for its second phase of drilling and geophysical surveys at Taylor Brook in western Newfoundland are nearing completion. Results from the 2021 work continue to support the exploration model of a magmatic Ni-Cu system on the property outcropping at the Layden Showing and appearing to have significant scale. In particular: Two grab samples [...]

Churchill Resources Inc. is pleased to announce the closing of a non-brokered private placement consisting of the sale of 2,403,257 flow-through units of the Company at a price of C$0.31 per FT Unit for aggregate gross proceeds of approximately $745,000 . Each FT Unit consisted of one common share of the Company issued as a "flow-through share" within the meaning of the Income Tax Act and one half of one common share [...]

Churchill Resources Inc. is pleased to announce a non-brokered private placement for gross proceeds of up to C$1,500,000 from the sale of any combination of units of the Company at a price of C$0.28 per Unit and flow-through units of the Company at a price of C$0.31 per FT Unit. Red Cloud Securities Inc. is acting as a finder in connection with the Offering. Each Unit will consist of one common share of the Company and [...]

Churchill Resources Inc. is pleased to announce that its Phase 1 Exploration Program at Taylor Brook in western Newfoundland has proceeded well and has identified and started to evaluate a magmatic Ni-Cu system on the property which appears to have significant scale. Historic drilling of the Layden Showing in 2008 returned 4.25 m of 1.63% Ni, 0.36% Cu and 0.027% Co in hole 08-TB-17 Recent Churchill drilling and mapping [...]

Churchill Resources Inc. is pleased to announce that re-sampling of historical core at the Florence Lake Project in Labrador has confirmed high grade nickel tenors which will help define methods for future exploration on the property. The 1992/93 core holes were stored in the NL Government Core Facility in Goose Bay, but had seen subsequent sampling of the original Falconbridge splits, so were not ideal for due-diligence [...]

Churchill Resources Inc. is pleased to announce that Ms. Dawn Evans-Lamswood, M.Sc., P.Geo. has joined the Company as Senior Consultant to our Taylor Brook and Florence Lake nickel projects. The Company has also retained Dr. Derek Wilton, P.Geo., FGC as an independent "qualified person" for both projects. Both of these highly experienced consultants live in St. John's, Newfoundland and are therefore close to the projects [...]

Churchill Resources Inc. is pleased to announce that is has entered into two option agreements on properties adjacent to the known Layden Ni-Cu-Co showings at the Taylor Brook Property, NL. The two properties were covered with the VTEM-Plus™ survey flown by Geotech for CRI at Taylor Brook earlier this year, and high priority anomalies were identified on both that are on-trend with the conductors which appear to be [...]

Further to its news release dated August 13, 2021, Churchill Resources Inc. is pleased to announce the closing of a non-brokered private placement of 5,000,000 common shares , issued on a flow-through basis at a price of C$0.40 per Charity FT Share for gross proceeds of C$2,000,000 . Due to strong investor demand, the Offering was upsized from C$1,500,000. "We are very grateful for the continued support of our existing [...]

Churchill Resources Inc. is pleased to announce a non-brokered private placement of up to 3,750,000 flow-through common shares of the Company to be sold to charitable buyers at a price of C$0.40 per Charity FT Share for gross proceeds to the Company of up to C$1,500,000 . Subject to demand, the Company may elect to sell an additional 1,250,000 Charity FT Shares to raise an additional C$500,000 under the Offering. Red [...]

Further to its news release dated June 25, 2021, Churchill Resources Inc. is pleased to announce that it has entered into a definitive option agreement with Altius Resources Inc. to acquire a 100% undivided interest in certain mining claims comprising the Florence Lake Ni-Cu-PGE property in central Labrador near the coastal community of Hopedale and 175 km south of the Voisey's Bay mine . The Florence Lake Property is [...]