Gold Basin Resources CEO Colin Smith joined Steve Darling from Proactive on-site at their Stealth Project to discuss the ongoing drilling program located in the Arizona desert. Smith shared insights into the current drilling operations, which are actively being carried out at the Stealth deposit. This deposit has yielded promising results from previous drilling programs, including significant intercepts of surface oxide [...]
Gold Basin Resources CEO Colin Smith joined Steve Darling from Proactive to announce that the company has secured a driller and is preparing to commence rig mobilization. The drilling is set to begin in June as part of the company's fully-funded Q2 reverse circulation drill program. This program will focus on resource expansion and delineation at the Stealth Deposit and the Gap Zone at located in northwestern Arizona [...]
Gold Basin Resources Corp. - today announced that it has engaged Harris Exploration Drilling Co. Ltd. and will begin rig mobilization imminently for a June commencement of its fully-funded Q2 reverse-circulation drill program, focusing on resource expansion and delineation at the Stealth Deposit and Gap Zone, at the Company's 100%-owned Gold Basin oxide gold project in northwestern Arizona . Highlights of 2022 and 2023 [...]
Gold Basin Resources CEO Colin Smith joined Steve Darling from Proactive to announce the signing of a property option agreement with Iconic Minerals, granting Gold Basin Resources a 50% interest in the New Pass gold property located in Nevada. This agreement encompasses 107 unpatented mineral claims. Smith elaborated on the significance of the New Pass property, noting its hosting of the Carlin-type New Pass Gold-Silver [...]
Vancouver, British Columbia - May 6, 2024 - TheNewswire: Gold Basin Resources Corp. - today announced the signing of a property option agreement made as of May 3, 2024 with Iconic Minerals Ltd. and a wholly owned subsidiary of Iconic , whereby Gold Basin can acquire from the Vendors a 50% interest in and to the New Pass gold property consisting of 107 unpatented mineral claims located three hours east of Reno, just off [...]
Gold Basin Resources provided an exploration update, which includes the announcement of a fully-funded 3,000-meter Q2 reverse-circulation drill program at the Company's 100%-owned Gold Basin oxide gold project. Colin Smith, Chief Executive Officer of the Company, commented, "It is with great excitement that we announce the first drill program of 2024, which will focus on resource expansion and delineation at the Gap Zone [...]
Gold Basin Resources announced the appointment of Anthony Balic and Michael Povey to the board of directors of the Company with Mr. Balic being appointed as an independent director. In connection with the appointments of Messrs. Balic and Povey, Jonathan Lotz, John Robins and Jim Paterson have resigned as directors of the Company. Following the reconstitution of the Board, the Board is now comprised of four directors, of [...]
Gold Basin Resources announced that it has closed the second and final tranche of its previously announced non-brokered private placement through the issuance of 5,500,000 units at a subscription price of $0.10 CAD per Unit for gross proceeds of approximately $550,000 CAD. The Financing is oversubscribed, and the Company has issued an aggregate of 15,220,303 Units for aggregate gross proceeds of $1,522,030.30 CAD. Charles [...]
Gold Basin Resources announced that it has closed the first tranche of its previously announced non-brokered private placement for aggregate gross proceeds of $972,030.30 through the issuance of 9,720,303 units at a subscription price of $0.10 per Unit. The Financing is oversubscribed, with an aggregate amount of $1,522,030.30 arranged to date, and the Company anticipates closing the second and final tranche of the [...]
Gold Basin Resources announces that, further to its news release of January 12, 2024, the TSXV has granted an extension to the deadline for filing final documentation for the private placement to Feb 23, 2024. The proceeds of the private placement are intended to fund future and ongoing exploration campaigns at Gold Basin's mineral project, including drilling, soil sampling, and geophysics, and general working capital [...]
Gold Basin Resources announced a non-brokered private placement of up to 15,000,000 units at a price of $0.10 per unit for gross proceeds of up to $1,500,000 CAD. Each unit will be comprised of one common share and one-half of one common share purchase warrant. Each whole warrant will be exercisable at a price of $0.15 for a period of 12 months from the date of issuance. The Company anticipates closing the Financing in [...]
Gold Basin Resources Corp. announced final soil assays collected during a 530-sample second quarter geochemistry and prospecting program at the Company's 100%-owned Gold Basin oxide gold project. Delineation of multiple regional undrilled gold anomalies; Major gold trends remain open at margin of soils grid, and expansion to soil sampling coverage to the northwest and southeast is planned to commence shortly; Clear [...]