Baie Verte

Brascan Announces Agreement to Acquire REE Claims

Retrieved on: 
Friday, November 25, 2022

Brascan is targeting the Albany Fork carbonatite, which may have magnetite, niobium and/or rare earth elements (REE) potential, according to historical government reports (e.g.

Key Points: 
  • Brascan is targeting the Albany Fork carbonatite, which may have magnetite, niobium and/or rare earth elements (REE) potential, according to historical government reports (e.g.
  • Balbir Johal, CEO of Brascan, stated, We are excited to expand into battery metals by our first acquisition of this REE property in Ontario, Canada.
  • Mr. Johal further said: Brascan intends to build a portfolio of highly prospective lithium properties in Canada and Brazil.
  • The Company also holds an option over the Alegre project in Par state in northeastern Brazil.

Brascan Announces Approval of OTC Listing and DTC by US Authorities and Attendance at the Annual Baie Verte Mining Conference

Retrieved on: 
Monday, May 16, 2022

Balbir Johal, CEO of the Company, stated: Listing on the OTC and obtaining DTC allows Americans to trade Brascan (OTC:BRCGF) in the United States.

Key Points: 
  • Balbir Johal, CEO of the Company, stated: Listing on the OTC and obtaining DTC allows Americans to trade Brascan (OTC:BRCGF) in the United States.
  • The Company is in talks with reputable market awareness groups that can market Brascan to American investors.
  • The Company also announces that representatives from the Company will be in attendance at the 33rd annual Baie Verte Mining Conference in Baie Verte, Newfoundland on Friday, June 3, 2022 and Saturday, June 4, 2022.
  • The Company has optioned five gold properties in Baie Verte with exploration programs scheduled to commence in June.

Brascan Gold to Acquire Seven (7) Gold Properties in Newfoundland

Retrieved on: 
Wednesday, April 6, 2022

The Properties (identified in blue in the below image) cover a total of 13,125 hectares spread broadly across Newfoundland.

Key Points: 
  • The Properties (identified in blue in the below image) cover a total of 13,125 hectares spread broadly across Newfoundland.
  • Brascans current stable of five (5) gold properties are identified in gold in the below image and are focused in northern Newfoundland in the Baie Verte area.
  • Upon signing the Definitive Agreement, Brascan intends to immediately conduct field programs including drilling to expand on the gold potential of the Properties.
  • Balbir Johal, CEO and Director of Brascan, states Brascan is building a large portfolio of gold properties, carefully selected across Newfoundland.

Brascan Enters into Option Agreements to Acquire Mountain Pond, Birchy Lake and Miguel’s Lake Properties

Retrieved on: 
Thursday, March 3, 2022

VANCOUVER, British Columbia, March 03, 2022 (GLOBE NEWSWIRE) -- Brascan Gold Inc. (CSE:BRAS), together with its subsidiary Baie Verte Resources Inc., (Brascan or the Company) is pleased to announce that they have entered into three separate option agreements (the Agreements) to acquire up to a 100% interest in the Mountain Pond property (the Mountain Pond), the Birchy Lake property (Birchy Lake) and the Miguels Lake property (Miguels Lake and, together with Mountain Pond and Birchy Lake, the Properties).

Key Points: 
  • VANCOUVER, British Columbia, March 03, 2022 (GLOBE NEWSWIRE) -- Brascan Gold Inc. (CSE:BRAS), together with its subsidiary Baie Verte Resources Inc., (Brascan or the Company) is pleased to announce that they have entered into three separate option agreements (the Agreements) to acquire up to a 100% interest in the Mountain Pond property (the Mountain Pond), the Birchy Lake property (Birchy Lake) and the Miguels Lake property (Miguels Lake and, together with Mountain Pond and Birchy Lake, the Properties).
  • Birchy Lake: The Birchy Lake property comprises 3 adjacent licences covering 1,050 hectares, located 45 kilometres southwest of Springdale, at the northeast end of Birchy Lake.
  • Miguels Lake: Miguels Lake property comprises 4 adjacent licences covering 3,000 hectares, located approximately 60 kilometres southwest of Newfound Golds Queensway Gold project.
  • Balbir Johal, CEO and Director stated Brascan is excited to option the Birchy Lake, Miguels Lake and Mountain Pond gold properties.

DGAP-News: Falcon Gold Corp.: Falcon Receives High Grade Gold Results from Sampling - Backpack Drill Program, Spitfire-Sunny Boy - Merritt BC

Retrieved on: 
Wednesday, November 3, 2021

Highlights of the Sunny Boy prospecting and backpack sampling program, 2021.

Key Points: 
  • Highlights of the Sunny Boy prospecting and backpack sampling program, 2021.
  • Due to visible gold noted in many of the samples, Falcon has commissioned total metallics gold analyses to determine the effect of the nuggety nature of gold may have had original fire assay method results.
  • Grab samples are select samples and may not necessarily be representative of the mineralization on the property.
  • Backpack drilling is a portable drill utilizing chips of rock from a small-sized diameter hole drilled from surface.

Falcon Receives TSX.V Approval, Warrant Incentive

Retrieved on: 
Thursday, September 16, 2021

Under the proposed Incentive, if the Placement Warrants are exercised prior to 4:00 p.m. (Vancouver Time) on the 30th day after TSX Venture approval (the "Incentive Period"), the Placement Warrant holders would receive one (1) additional warrant (an "Incentive Warrant") in consideration of the early exercise of each Placement Warrant.

Key Points: 
  • Under the proposed Incentive, if the Placement Warrants are exercised prior to 4:00 p.m. (Vancouver Time) on the 30th day after TSX Venture approval (the "Incentive Period"), the Placement Warrant holders would receive one (1) additional warrant (an "Incentive Warrant") in consideration of the early exercise of each Placement Warrant.
  • The Company believes this will give existing Placement Warrant holders the right incentive to exercise their existing Warrants.
  • The Incentive Warrant will be subject to a hold period of four months plus one day after the date of distribution.
  • In the event the Placement Warrant holder decides not to participate in the Incentive program, then following the expiry of the Incentive Period, the Placement Warrant holder may exercise the Placement Warrants under there original terms.

Marvel Acquires Ground Along the Baie Verte Brompton Line, Central Newfoundland Belt

Retrieved on: 
Wednesday, August 11, 2021

Currently, all of Newfoundland's gold production comes from Anaconda Mining Inc.'s Point Rousse and Rambler Metals Mining Operations on the Baie Verte Peninsula.

Key Points: 
  • Currently, all of Newfoundland's gold production comes from Anaconda Mining Inc.'s Point Rousse and Rambler Metals Mining Operations on the Baie Verte Peninsula.
  • These two producing mines along with past producers such as the Terra Nova Mine, and deposits of the Rambler Mining Camp, are in close proximity to the Baie Verte Brompton Line (BVBL).
  • There are more than 100 gold prospects and zones, many of which are orogenic-style, related to major splays and related second-order structures linked to the Baie Verte Brompton Line.
  • Marvel has acquired ground over a 70km corridor along the BVBL.

Town of Baie Verte, in Newfoundland and Labrador, fined $50,000 for two offences under the Fisheries Act

Retrieved on: 
Wednesday, September 23, 2020

On September 22, 2020, the Town of Baie Verte pleaded guilty to two offences under the Fisheries Act in the Provincial Court of Newfoundland and Labrador in Grand Falls-Windsor, and was ordered to pay a total fine of $50,000.

Key Points: 
  • On September 22, 2020, the Town of Baie Verte pleaded guilty to two offences under the Fisheries Act in the Provincial Court of Newfoundland and Labrador in Grand Falls-Windsor, and was ordered to pay a total fine of $50,000.
  • The analysis confirmed that the chlorinated water was a deleterious substance, as defined by the Fisheries Act.
  • The Town of Baie Verte failed to comply with the direction and was consequently charged with committing an offence under paragraph40(3)(g) of the Fisheries Act.
  • The Environmental Offenders Registry contains information on convictions of corporations registered for offences committed under certain federal environmental laws.