Buchans

Buchans Collaboration Agreement with Boliden AB Terminated

Retrieved on: 
Friday, September 30, 2022
Mineral resource estimation, Collaboration, Twitter, Project, Technical report, LinkedIn, Company, Compliance, News, Forward-looking statement, Mining, Gold, National Instrument 43-101, Copper, ASARCO, Cobalt, CU, Silver, Resource management, Lead, Failure, Nickel, Zinc, Boliden, SEDAR, National instrument, NL, NSR, Lease, Uranium, Sustainability metrics and indices, Buchans, Exploration

Toronto, Ontario--(Newsfile Corp. - September 30, 2022) - Buchans Resources Limited (the "Company" or "Buchans"), a Canadian mineral exploration and development company, reports that the Collaboration Agreement between the Company and Boliden l AB covering the Buchans VMS Project, at Buchans, central Newfoundland has terminated.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - September 30, 2022) - Buchans Resources Limited (the "Company" or "Buchans"), a Canadian mineral exploration and development company, reports that the Collaboration Agreement between the Company and Boliden l AB covering the Buchans VMS Project, at Buchans, central Newfoundland has terminated.
  • Buchans entered into the Collaboration Agreement on its Buchans Project with Boliden in early 2021.
  • Buchans and Boliden were, however, unable to reach agreement on terms for the subsequent joint venture agreement that would be formed when Boliden would have earned its interest.
  • Accordingly, the Collaboration Agreement has terminated in accordance with its terms and the exclusivity granted to Boliden has ended.

EnviroGold Global Provides Mid-Year Project Update

Retrieved on: 
Monday, July 11, 2022
Program, Copper, Rehabilitation, Lead, GLOBE, Zinc, Mining, Metal, TSF, Government, Jeff Walls, 59, CU, Limited, Company, Core, Life, Gold, Salmon, CSE, Jeff Wall, Clean technology, Silver, Consultant, HGM, VMS, Water, JORC, Oil, Uranium, Measurement, Buchan River, Hellyer, Delta, Buchans

In August of 2020, EnviroGold Global executed a commercial agreement to undertake feasibility and metal recovery studies at the Hellyer Gold Mine tailings in Tasmania, Australia.

Key Points: 
  • In August of 2020, EnviroGold Global executed a commercial agreement to undertake feasibility and metal recovery studies at the Hellyer Gold Mine tailings in Tasmania, Australia.
  • EnviroGold Global expects further quantities of precious, critical, and strategic metals will be found within other tailings within Hellyer Gold Mines permitted operational area.
  • In September of 2021, EnviroGold Global announced the execution of definitive, binding agreements adding the Buchans River Delta Tailings Reprocessing and Rehabilitation Project to the Companys global tailings reprocessing portfolio.
  • Subsequent to the geophysical survey, EnviroGold Global completed a coring program to collect the identified material from the Jeff Wall claim.

C2C Gold Commences Work at South Tally Project, Central Newfoundland Gold Belt

Retrieved on: 
Tuesday, June 7, 2022
Copper, CTOC, Company, CSE, Lead, Ownership, Buchans, Silver, Duck pond, Nickel, GLOBE, Quartz, Cobalt, Gold, White Gold, Zinc, Mining, Lafarge Lake–Douglas station

VANCOUVER, British Columbia, June 07, 2022 (GLOBE NEWSWIRE) -- C2C Gold Corp. (CSE:CTOC; OTCQB:CTCGF) (the Company or C2C) announced today the commencement of the 2022 exploration season with the initial work being conducted on the South Tally project.

Key Points: 
  • VANCOUVER, British Columbia, June 07, 2022 (GLOBE NEWSWIRE) -- C2C Gold Corp. (CSE:CTOC; OTCQB:CTCGF) (the Company or C2C) announced today the commencement of the 2022 exploration season with the initial work being conducted on the South Tally project.
  • Commencement of additional exploration work on C2C projects is planned across other projects.
  • The Company controls 1,261 km2, one of the largest land positions on the Central Newfoundland Gold Belt, including the Badger, Millertown, Barrens Lake, South Tally, and Lake Douglas projects with road access and proximity to communities and power lines.
  • C2C also holds a portfolio of projects within the prolific White Gold and Klondike districts in Canadas Yukon.

Buchans Reports 2021 Year End Results

Retrieved on: 
Monday, April 18, 2022
Lead, Collaboration, Silver, Program, Gold, LinkedIn, Mission statement, VMS, Nickel, Mineral resource estimation, Mining, Boliden AB, Forward-looking statement, National Instrument 43-101, Cobalt, Specialised Technical Committees of the African Union, Technical report, South Tyrol Option Agreement, Intention, Compliance, Boliden, Company, News, JVS, Twitter, MD, Long Range, Failure, Option, National instrument, SEDAR, Project, Zinc, NL, Copper, CU, Pharmaceutical industry, Medical device, Risk management, Uranium, Buchans, Exploration

Toronto, Ontario--(Newsfile Corp. - April 18, 2022) - Buchans Resources Limited (the "Company" or "Buchans"), a Canadian mineral exploration and development company, reports its financial results and results of operations for the year ended December 31, 2021.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - April 18, 2022) - Buchans Resources Limited (the "Company" or "Buchans"), a Canadian mineral exploration and development company, reports its financial results and results of operations for the year ended December 31, 2021.
  • Buchans' flagship project is the historic, high-grade Buchans VMS base metal mining camp in central Newfoundland, Canada.
  • Early in 2021, Buchans entered into a Collaboration Agreement on its Buchans Project with Boliden Mineral AB a wholly-owned subsidiary of Boliden AB (publ).
  • During 2021 Boliden contributed $630,000 towards evaluation programs undertaken by Buchans working collaboratively with Boliden and contributed a further $320,000 to date in 2022.

Buchans Announces $500,000 Insider Private Placement Financing

Retrieved on: 
Wednesday, December 29, 2021
Lead, Twitter, Boliden AB, Instrument, Cobalt, Related party transaction, Multilateral, Insider, Compliance, CU, National instrument, Board, Silver, Failure, Nickel, Lundberg, Company, Forward-looking statement, National Instrument 43-101, Zinc, CEE, Gold, NL, News, Minority, Section 50C of the Isle of Man Income Tax Act 1970, Income Tax Act, Party, Mining, LinkedIn, Theory of two-level planning, Placement, Copper, Security (finance), Exploration, Buchans

Toronto, Ontario--(Newsfile Corp. - December 29, 2021) - Buchans Resources Limited (the "Company" or "Buchans"), announces that it has completed a private placement financing of $500,000 through the issue of 2,500,000 flow-through shares of the Company at a price of $0.20 per flow through share.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - December 29, 2021) - Buchans Resources Limited (the "Company" or "Buchans"), announces that it has completed a private placement financing of $500,000 through the issue of 2,500,000 flow-through shares of the Company at a price of $0.20 per flow through share.
  • John F. Kearney, Chairman and Chief Executive of Buchans purchased the 2,500,000 flow-through shares for gross proceeds of $500,000 in the private placement.
  • John Kearney previously held 2,546,969 common shares (4.1%) of the issued shares of Buchans and following completion of the placement, he will now hold 5,046,969 common shares (7.8%) of the issued shares of Buchans.
  • All shares issued in connection with the private placement will be subject to a four month hold period from the date of issuance of such shares.

C2C Gold Acquires JV Projects in Newfoundland From Buchans Resources Limited

Retrieved on: 
Wednesday, August 4, 2021
Buchans

A soil sampling program completed by Buchans in 2018 over the northwestern portion of the Lake Douglas property returned several gold in soil anomalies.

Key Points: 
  • A soil sampling program completed by Buchans in 2018 over the northwestern portion of the Lake Douglas property returned several gold in soil anomalies.
  • It remains essentially unexplored for gold despite the property covering an area hosting anomalous gold values detected within several Newfoundland and Labrador Geological Surveys regional geochemical datasets.
  • C2C is a Canadian mineral exploration company focused on the acquisition and development of mineral projects in Newfoundland, Canada.
  • C2C also holds a portfolio of projects within the prolific White Gold and Klondike districts in Canadas Yukon.

Benton and Buchans Announce Expanded JV and 2021 Field Program on Long Range Gold JV, Central Newfoundland

Retrieved on: 
Thursday, May 13, 2021
Buchans, Benton

b'Thunder Bay, Ontario--(Newsfile Corp. - May 13, 2021) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce the expansion of its Long Range Gold JV project in central Newfoundland.

Key Points: 
  • b'Thunder Bay, Ontario--(Newsfile Corp. - May 13, 2021) - Benton Resources Inc. (TSXV: BEX) ("Benton" or "the Company") is pleased to announce the expansion of its Long Range Gold JV project in central Newfoundland.
  • The Long Range project, a 51:49 per cent Joint Venture between Buchans Minerals Corporation ("Buchans") and Benton (jointly "the Companies"), has been expanded from 3,750 hectares to 11,050 hectares through the recent acquisition of additional properties covering multiple early-stage gold prospects.
  • The 2021 program will include a minimum initial expenditure of $150,000 and may be further expanded as warranted by results.
  • Buchans and Benton have initiated expansion and reactivation of this project in response to the recent recognition of central Newfoundland as an emerging gold district capable of hosting multi-million-ounce gold deposits.

Buchans PDAC Update on 2021 Exploration Plans

Retrieved on: 
Tuesday, March 9, 2021
Economic geology, Mining, Buchans, Boliden AB, Volcanogenic massive sulfide ore deposit, Ore, Earth sciences, Geology

Toronto, Ontario--(Newsfile Corp. - March 9, 2021) - Buchans Resources Limited ("Buchans") reports that compilation and assessment work, in conjunction with Boliden AB, is well underway on the Company's Buchans VMS project in Newfoundland under the Boliden Collaboration Agreement announced January 5, 2021 and that 2021 exploration plans include drilling a high-grade target adjacent to the Company's large Lundberg, potential open pit, deposit.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - March 9, 2021) - Buchans Resources Limited ("Buchans") reports that compilation and assessment work, in conjunction with Boliden AB, is well underway on the Company's Buchans VMS project in Newfoundland under the Boliden Collaboration Agreement announced January 5, 2021 and that 2021 exploration plans include drilling a high-grade target adjacent to the Company's large Lundberg, potential open pit, deposit.
  • The evaluation is also reviewing available datasets to evaluate exploration techniques and technologies that might be adapted and applied to further exploration within the camp for new high-grade orebodies.
  • Buchans is confident that its Buchans project holds potential for discovery of new VMS deposits comparable to historically mined orebodies in the camp, where Asarco mined more than 16.
  • Buchans Resources is focused on exploration and development of exceptional mineral resource deposits comparable to the world's top tier mining operations.

Buchans Resources Announces Gold Exploration Programs in Central Newfoundland

Retrieved on: 
Friday, March 5, 2021
Buchans, NEWFOUNDLAND AND LABRADOR, Geography of Canada, Subdivisions of Canada, Canada

Toronto, Ontario--(Newsfile Corp. - March 5, 2021) - To coincide with PDAC 2021 (Virtual) Conference, Buchans Resources Limited ("Buchans") announces planned 2021 exploration programs on several of its 100%-owned gold projects in central Newfoundland.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - March 5, 2021) - To coincide with PDAC 2021 (Virtual) Conference, Buchans Resources Limited ("Buchans") announces planned 2021 exploration programs on several of its 100%-owned gold projects in central Newfoundland.
  • Buchans' gold projects were generated outside the Company's central Newfoundland VMS properties as additional exploration opportunities with potential to generate significant shareholder value.
  • Buchans controls several gold properties in central Newfoundland and has assigned a high priority to these gold projects, recognising positive exploration and development activities being generated in Newfoundland by several other exploration companies including Marathon Gold Corporation at its Valentine gold project and New Found Gold Corp at its Queensway Gold project.
  • Marathon's Valentine project lies between Buchans' Lake Douglas gold project, less than 15 km on strike to the east, and Buchans' Long Range area gold projects, less than 50 km to the west of Valentine.

Buchans Resources Announces Collaboration Agreement with Boliden on Buchans VMS Camp

Retrieved on: 
Tuesday, January 5, 2021
Buchans, Economic geology, Ore

Toronto, Ontario--(Newsfile Corp. - January 5, 2021) - Buchans Resources Limited (the "Company" or "Buchans"), announces that it has entered into a Collaboration Agreement with Boliden Mineral AB under which Boliden will evaluate the Company's Buchans VMS base metals property in Newfoundland for possible future investment and participation.

Key Points: 
  • Toronto, Ontario--(Newsfile Corp. - January 5, 2021) - Buchans Resources Limited (the "Company" or "Buchans"), announces that it has entered into a Collaboration Agreement with Boliden Mineral AB under which Boliden will evaluate the Company's Buchans VMS base metals property in Newfoundland for possible future investment and participation.
  • John Kearney, Chairman and CEO of Buchans commented: "We are very pleased to sign this collaboration agreement with Boliden that will combine our Company's in-depth, hands-on, knowledge of the historic Buchans camp with Boliden's experience and technological expertise in near-mine exploration for VMS base metal deposits."
  • "We believe this collaboration between Boliden and Buchans can lead to future discoveries of new buried, high-grade, orebodies that could lead to revitalization of this world-renowned historic VMS mining camp.
  • Buchans Resources is focused on exploration and development of exceptional mineral resource deposits comparable to the world's top tier mining operations.