Gold Basin Resources announced preliminary results from the Phase 2 resource definition reverse-circulation drill program at the Company's 100%-owned Gold Basin oxide gold project. Multiple at- or near-surface oxide gold intercepts at the Red Cloud target over 40 metres in thickness with grades exceeding 1 g/t Au, including: 57.9 m @ 1.82 g/t Au from 4.6m in hole CM23-022 incl. 15.2 m @ 4.12 g/t Au from 10.7 m 42.7 m [...]
Gold Basin Resources announced the appointment of Mr. Michael Rapsch as V.P. Corporate Development and the grant of stock options. "We are very pleased to welcome Michael to the Gold Basin team," stated Colin Smith, CEO. "Mr. Rapsch's 16+ years of experience in capital markets and corporate development will be a great asset to the Company as we continue to advance the Gold Basin project." Mr. Michael Rapsch - V.P [...]
Gold Basin Resources announced that it has closed the second and final tranche of its previously announced upsized non-brokered private placement through the issuance of 2,340,002 common shares in the capital of the Company at a price of $0.15 per Share for gross proceeds of approximately $351,000.30 CAD. The Financing is oversubscribed, and the Company has issued an aggregate of 17,016,737 Shares for aggregate gross [...]
Gold Basin Resources announced that it has closed the first tranche of its previously announced non-brokered private placement through the issuance of 14,676,735 common shares in the capital of the Company at a price of $0.15 per Share for gross proceeds of approximately $2,201,510.25 CAD. The Financing is oversubscribed, with an aggregate amount of $2,552,510.55 arranged to date, and the Company anticipates closing the [...]
Gold Basin Resources is pleased to announce that a 5,000m minimum Phase 2 resource definition drill program will be commencing immediately at the Company's 100%-owned Gold Basin oxide gold project. Phase 2 Resource Definition Drill Program Following up on the highly successful drilling at the Stealth Deposit in 2022, which intersected thick intervals of high grade, near-surface oxide gold mineralisation, this year's Phase [...]
Gold Basin Resources announces that all issues among the Board of Directors of the Company, including the allegations in a press release issued by two of the independent directors of the Company on Dec 14, 2022, have been amicably resolved and the Board is aligned on the future direction of the Company. The Company will also be reinstating and continuing its relationship with Discovery Group. Rescheduling of AGM [...]
Gold Basin Resources Corp. is pleased to provide an update the results from the Phase 1 Resource Definition Drill Program at the Cyclopic Deposit on its 100%-owned Gold Basin oxide gold project in North-West Arizona . HIGHLIGHTS INCLUDE: Results from final 44 holes at Cyclopic Deposit in the 2022 drill program. Total of 67 reverse circulation holes drilled at the Cyclopic Deposit for 6,361m. Program was designed to [...]
Gold Basin Resources Corp. announces that, effective immediately, it has terminated its business relationship with the Discovery Group of companies. On Behalf of the Board of Directors Michael Povey Chairman of the Board For further information, please contact: Michael Rapsch, Investor Relations Phone: 1-604-331-5093 Neither TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy [...]
Gold Basin Resources Corp. announces the postponement of its annual general meeting of shareholders that was to be held at 10:00 a.m. on December 15, 2022, to March 1, 2023. The specific time and location of the Meeting are not yet determined, and the Company will deliver a new notice of Meeting, management information circular, and proxy materials to its shareholders in connection with the Meeting, which is expected to [...]
Gold Basin Resources Corp. is pleased to report the summary of an extensive review of multiple sets of geophysical data collected by the Company over the previous 18 months, interpreting Airborne/UAV Magnetic, Radiometric and Induced Polarisation and Electrical Resistivity surveys on its 100%-owned Gold Basin Property in Mohave County, Northern Arizona, USA. The geophysical targeting is dependent on geological deposit [...]
Gold Basin Resources Corp. is pleased to report the Company's review and analysis of historical drill data on the Red Cloud deposit claims has highlighted the exciting potential of over 1 kilometre of potential strike extension of the mineralisation of the Stealth deposit at its 100%-owned Gold Basin project in Mohave County, Northern Arizona, USA. Red Cloud Historical Drilling Further to the Company's Option Agreement [...]
Gold Basin Resources Corp. is pleased to report on its column leach Metallurgical Testwork conducted by Kappes Cassiday & Associates in Reno, Nevada between December 2021 and May 2022 on diamond core samples from the Cyclopic area of its 100%-owned Gold Basin project in Mohave County, Northern Arizona, USA. SUMMARY Gold extractions up to 80% on Cyclopic diamond core composite samples Gold extractions between 50 and 70 [...]
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