Catlinite

GoldON Adds Fifth Property in Red Lake Gold District

Tuesday, February 23, 2021 - 1:30pm

Red Lake North Extension is underexplored and host to seismic structural characteristics similar to the Red Lake Gold Camp and the LP Fault of Great Bear's Dixie Gold Project

Key Points: 
  • Victoria, British Columbia--(Newsfile Corp. - February 23, 2021) - GoldON Resources Ltd. (TSXV: GLD) ("GoldON" or the "Company") is pleased to announce it has entered into an option agreement to acquire a 100% interest in the Red Lake North property (the "Property") located in the Red Lake Mining District of Northwestern Ontario.
  • The Property is comprised of nine contiguous mining claims covering 3,347 hectares (ha) and is located approximately 65 kilometres (km) north of the town of Red Lake.
  • Access is excellent via Nungesser Road, an all-weather road that runs within 1.5 km of the northwestern corner of the Property and connects to Red Lake.
  • Our current project portfolio includes four properties in the Red Lake Mining Division (West Madsen, Pipestone Bay, McDonough and Bruce Lake) and a fifth property in the Patricia Mining Division (Slate Falls).

Pipestone Energy Corp. to Reschedule Shareholder Meeting

Monday, May 25, 2020 - 12:00pm

CALGARY, Alberta, May 25, 2020 (GLOBE NEWSWIRE) -- (PIPE TSX-V) Pipestone Energy Corp. (Pipestone Energy or the Company) announces that it is cancelling the annual and special meeting of shareholders scheduled for June 30, 2020.

Key Points: 
  • CALGARY, Alberta, May 25, 2020 (GLOBE NEWSWIRE) -- (PIPE TSX-V) Pipestone Energy Corp. (Pipestone Energy or the Company) announces that it is cancelling the annual and special meeting of shareholders scheduled for June 30, 2020.
  • Once the situation in Alberta has improved such that an in-person meeting can be held in a manner that is safe for the participants, Pipestone Energy will reschedule and hold an annual and special meeting of shareholders.
  • Pipestone Energy Corp. is an oil and gas exploration and production company with its head office located in Calgary, Alberta.
  • Pipestone Energy is committed to building long term value for our shareholders and values the partnerships that it is developing within its operating community.

Pipestone Energy Corp. Reports First Quarter 2020 Results and Provides an Operations Update

Wednesday, May 13, 2020 - 12:00pm

However, in response to the current commodity price weakness, Pipestone Energy has halted its 2020 capital spending program and is now also suspending forward 2020 production guidance.

Key Points: 
  • However, in response to the current commodity price weakness, Pipestone Energy has halted its 2020 capital spending program and is now also suspending forward 2020 production guidance.
  • Pipestone Energy continued to execute and improve on its drilling, completion, and equip & tie in costs through its 2020 capital program.
  • The Company continues to engage with community residents who remain supportive of Pipestone Energy and its operations.
  • Pipestone Energy Corp. is an oil and gas exploration and production company with its head office located in Calgary, Alberta.

JBS USA Intends to Purchase Pipestone Facility From J&B Group

Tuesday, December 3, 2019 - 10:00am

GREELEY, Colo., and PIPESTONE, Minn. , Dec. 03, 2019 (GLOBE NEWSWIRE) -- JBS USA today announced an agreement with J&B Group, Inc., to lease J&Bs value-added meat processing facility in Pipestone, Minn., with the intent to acquire this facility in the upcoming months for an undisclosed amount.

Key Points: 
  • GREELEY, Colo., and PIPESTONE, Minn. , Dec. 03, 2019 (GLOBE NEWSWIRE) -- JBS USA today announced an agreement with J&B Group, Inc., to lease J&Bs value-added meat processing facility in Pipestone, Minn., with the intent to acquire this facility in the upcoming months for an undisclosed amount.
  • We are excited to welcome the Pipestone team members to JBS USA, said Bob Krebs, COO, JBS USA Pork.
  • On Sept. 18, 2019, J&B Group, Inc., announced that the Pipestone facility would be sold and production relocated to its St. Michael, Minn., facility.
  • Before JBS USAs plan to purchase, J&B had not identified a buyer and the facility was scheduled for closure in this month.

Pipestone Energy Corp. Reports Third Quarter 2019 Results and Provides an Operations Update

Thursday, November 14, 2019 - 12:00pm

In late August 2019, Pipestone Energy completed installation of the necessary facilities to produce from the 15-14 (10 wells) and 3-1 (9 wells) pads.

Key Points: 
  • In late August 2019, Pipestone Energy completed installation of the necessary facilities to produce from the 15-14 (10 wells) and 3-1 (9 wells) pads.
  • The early results observed by Pipestone Energy are in-line with the Companys expectations and support the medium-term development focus north of the 3-1 pad along Pipestone Energys completed in-field gathering system.
  • Pipestone Energy successfully completed 3 wells (3 net) with an average lateral length of approximately 3,000 metres at its 9-14 pad-site.
  • Based on this performance, Pipestone Energy is accelerating six completions at its 6-24 pad-site into December 2019 from Q1 2020.