Straightup Resources Inc. is pleased to announce that it has closed the second tranche of its financing previously announced on September 3, 2021. The Company has raised $588,000 through the issuance of 2,940,000 units of the Company at $0.20 per Unit. Each Unit consisted of one common share of the Company and one-half of one common share purchase warrant. Each Warrant entitles the holder thereof to acquire one Share at [...]
Straightup Resources Inc. is pleased to announce that it has acquired the West Cat Mine, which includes an unpatented lode mining claim on federal land in the historic Beatty Mountain Nevada Mining District in Nye County, Nevada, located about 15 kilometers east of U.S. Route 95 and approximately 20 kilometers from Beatty, Nevada, at the base of the Bare Mountain Range. Excitement in the Beatty Mining District of Nevada [...]
Straightup Resources Inc. is pleased to announce that Prospectair Geosurveys Inc. has completed a high-resolution heli-borne magnetic survey on the RLX North and RLX South located in the Red Lake Greenstone Belt 25km east of the Red Lake. The Company has the right and option to acquire 100% undivided interest in the Property, with claims covering over 10,000 ha. The heli-borne magnetic survey consists of 2,985 line-km at [...]
Straightup Resources Inc. is pleased to announce that a field crew has begun ground work exploration on the Ferdinand Gold Project located in the Confederation-Uchi greenstone belt 120 km east of the Red Lake. Figure 1. Regional location and access of the Ferdinand Gold Project. Mr. Mark Brezer, said, "This is an exciting step into an area within the Confederation-Uchi greenstone belt that has been largely unexplored. The [...]
Straightup Resources is pleased to announce that it has entered into an option agreement to acquire the Bear Head Gold Project comprising 31 mining claims totaling 1,944 ha in the Meen-Dempster Greenstone Belt of the Uchi Subprovince. The property is located 80km west of the Pickle Lake Gold Camp and is contiguous to Ardiden's massive Pickle Lake Gold Project which covers 870 km2. The Meen-Dempster Greenstone Belt is host [...]
StraightUp Resources is pleased to announce that it has filed an independent technical report titled, "Technical Report on the Belanger Property Northern Ontario Canada", prepared by J. Garry Clark, P.Geo. and Brian Atkinson, P.Geo. with an effective date of June 7, 2021. The Technical Report conforms to National Instrument 43-101 - Standards for Disclosure of Mineral Projects. The Technical Report will be available for [...]
Straightup Resources Inc. is pleased to announce that it has acquired an option from Gravel Ridge Resources and Perry English to acquire a 100% interest in certain unpatented mining claims consisting of 17 claims comprising 354 cells and encompassing 6,600 hectares, which are situated near Red Lake. In order to exercise the option, the Company is required to pay cash payments of C$148,000 over a term of four years, and [...]
Straightup Resources is pleased to announce that it has commenced a ground magnetic survey on its RLX North property, located southeast of Red Lake, Ontario. The ground magnetic survey will comprise approximately 230 line kilometres, the results of which will be used to generate prospective targets for an IP survey. The Company intends to use the results of the IP survey to generate drill targets for a diamond drilling [...]