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 [...]
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