Gelum Resources Ltd. Vancouver, B.C. reports that the Company's common shares have been approved and admitted for trading on the OTCQB Venture Market under the symbol GMRCF commencing August 25, 2022. The Company's primary listing remains on the Canadian Securities Exchange under the symbol GMR. Gelum Resources Director Henk van Alphen, stated, "The OTCQB is the premiere marketplace for early stage and developing U.S. and [...]
Gelum Resources Ltd. reports that management and directors are extremely pleased to welcome Mr. Ken Shannon to the Company's Advisory Board. Director Hendrik van Alphen is particularly pleased having successfully worked with Ken on Corriente Resources Inc., a copper project in Ecuador which was successfully sold in 2010 to CRCC-Tongguan Investments Co. Ltd., a Chinese partnership, for $680,000,000. Mr. Shannon has worked [...]
Gelum Resources Ltd. reports that it has consolidated its exploration portfolio by entering into an agreement under which Gelum may earn a 100% interest in the Robson claim, which is within the Eldorado Gold Property currently under option. The Eldorado Gold Property is located within the Bralorne-Bridge River Gold District in south-central British Columbia. Gelum President David Smith stated, "Gelum is consolidating the [...]
Gelum Resources reports that it has entered an Exploration Agreement with the Bridge River Indian Band. The Agreement will allow unfettered access to the Company's tenures for exploration activities leading to the production of a bankable Feasibility Report that complies with the requirements of National Instrument 43-101 Feasibility Report. The Agreement covers the El Dorado project and is specifically covered by [...]
Gelum Resources reports that it has expanded its exploration portfolio by entering into an agreement under which Gelum may earn a 100% interest in the 8,736 ha (87 km2) ML land position, 6 kilometres from the Mt. Polley porphyry Cu-Au past-producing mine, 6 km from Osisko's QR Deposit and 28 km from the active Gibraltar porphyry Cu-Mo active minea, Cariboo Mining District. Gelum President David Smith stated, "Gelum is [...]
Gelum Resources reports that pursuant to their news release of December 6, 2021, they have closed the Private Placements for aggregate proceeds of $937,500.00. On December 30, 2021, the Company issued 1,485,714 flow-through common shares at a price of $0.35 per share netting the Company $520,000. On January 4, 2022, the Company issued 1,670,000 non-flow through units at a price of $0.25 per NFT Unit, for additional [...]
Gelum Resources reports that all results have been received for the geochemical sampling programme carried out in September this year on the Eldorado Gold Property, located within the Bralorne-Bridge River Gold District in south-central British Columbia. The results confirm and significantly expand some of the historical gold anomalies generated by previous workers. The Eldorado Gold Property is located 22 kilometres [...]
Gelum Resources reports that they have arranged a flow-through non-brokered private placement and a non-flow through non-brokered private placement. The Company will issue up to 2,857,143 FT shares at a price of $0.35 per share and, up to 4,000,000 non-flow through units at a price of $0.25 per NFT Unit for aggregate proceeds of up to $2,000,000. Each NFT Unit consists of one common share of the Company and one-half of [...]