Mosaic Minerals Corp. announces that it has completed an airborne magnetic survey of the entire Golden Island property. The Company also announces that it has obtained authorization for impact work from the Quebec Ministry of Natural Resources. Drilling permits are expected to follow in the coming weeks in time for the drilling campaign planned for spring 2026. "We are pleased to have a new high-resolution dataset from [...]
Mosaic Minerals Corp. is pleased to announce that it has closed a private placement , pursuant to which it issued 6,008,571 Flow-Through Units of the Company at a price of $0.07 per FT Unit and 7,320,000 Units at a price of $0.05 per Unit, for a gross proceeds of $700,700, an increase of 29% compared to the initial target of $500,000 previously announced. "We are very happy to close this private placement with interest [...]
Mosaic Minerals Corp. is pleased to announce the nomination of Mr Robert Gagnon, P. Geo. as Director of the Company. Robert Gagnon holds a bachelor's degree in geology from the University of Quebec in Chicoutimi and is a member of the Ordre des géologues du Québec. Mr. Gagnon has extensive experience in managing exploration projects and evaluating deposits. He was President of Pershimex Resources Corp. from 2013 until its [...]
Mosaic Minerals Corp. announces that it has signed a letter of intent with a group of prospectors to acquire 100% of Golden Island project . The Property, with a rich history of mining exploration dating back nearly a century, consists of 31 contiguous claims located in Tiblemont Township, NTS map sheet 32C06, near Senneterre in Abitibi-Témiscamingue, Quebec. The Golden Island project is accessible year-round via Regional [...]
Mosaic Minerals Corp. announces that it is abandoning lithium exploration on its properties located primarily in Jamésie, Quebec. The Company will focus on its properties with gold and nickel potential. Both properties are 100% owned by Mosaic. "The lithium market has been fueled by unrealistic expectations for the growth of electric vehicles. The slowdown in this sector, combined with low-cost lithium projects outside [...]
Mosaic Minerals Corp. announces some updates about the Company and takes this opportunity to thank its shareholders, partners and suppliers for their trust throughout 2024 and wishes them a Merry Christmas and a Happy New Year 2025. Mirabelli and Maqua Results The Company announces that it has received all its results related to the summer and fall 2024 exploration campaigns on the Mirabelli SM and Maqua SM properties [...]
Mosaic Minerals Corp. announces the completion of its exploration work on the Mirabelli SM project located near Eastmain, James Bay, Quebec. A total of 62 samples were collected in 4 areas covering mainly the northern part of the property. Assay results are expected to be available in the coming weeks. The Mirabelli SM property is formed of 345 cells with an area of nearly 20 km² and is located approximately 15 km [...]
Mosaic Minerals Corp. announces the start of its exploration work on the Mirabelli SM project located near Eastmain, James Bay, Quebec. The field prospecting campaign is expected to last for a period of one week. The Mirabelli SM property is formed of 345 cells with an area of nearly 20 km² and is located approximately 15 km southeast of the municipality of Eastmain. It is accessible by the Eastmain Village provincial [...]
Mosaic Minerals Corp. announces that it has signed a letter of intent with IAMGold Corp. to acquire 100% of the Amanda property located in Jamésie, Quebec. Terms of the Agreement The letter of intent signed between the two parties contains the following terms: Mosaic acquires a 100% interest in the Amanda property Mosaic must fulfill its original commitments or pay the difference in cash to IAMGOLD Mosaic will issue 3 [...]
Mosaic Minerals Corp. is pleased to announce that it has entered into an option agreement dated June 7, 2024 with Castlebar Capital Corporation , pursuant to which Castlebar will be granted an option to acquire up to a 100% interest in the Lichen Project . The Transaction is intended to be Castlebar's "Qualifying Transaction" for purposes of the TSX Venture Exchange's Capital Pool Company program and was first disclosed [...]
Mosaic Minerals Corp. announces the start of its exploration work on its Mirabelli SM, Maqua SM, Amanda and Pluton SM projects during the next few weeks. "We are very enthusiastic about this exploration campaign which allows us to make up for the time lost during last summer's forest fires. We will explore for the first-time strategic areas of the newly acquired properties which we believe hold attractive potential for a [...]
Mosaic Minerals Corp. is pleased to announce that it has entered into a letter of intent dated April 25, 2024 with Castlebar Capital Corp . Pursuant to the LOI, Castlebar will be granted an option to acquire up to a 100% interest in the Lichen Project . The Transaction is intended to be Castlebar's "Qualifying Transaction" for purposes of the TSX Venture Exchange's Capital Pool Company program. The Lichen Project consists [...]