Barsele Minerals Corp. announces that the non-binding letter of intent with Agnico Eagle Mines Ltd. dated May 10, 2021 to acquire Agnico Eagle's indirect 55% interest in the Barsele Project has terminated in accordance with its terms. The termination of the LOI is the result of current market conditions which have made it difficult to meet the [...]
Barsele Minerals Corp. is pleased to announce that its common shares have commenced trading on the OTCQB Venture Market in the United States under the symbol "BRSLF". The Company's common shares will continue to trade on the TSX Venture Exchange under the symbol "BME". The OTCQB® is for earlier-stage and developing U.S. and international companies [...]
Barsele Minerals Corp. - announces the amendment and further extension of its letter of intent dated May 10, 2021 with Agnico Eagle Mines Ltd. . The LOI sets out the basic terms and conditions for the Company to acquire Agnico Eagle's indirect 55% interest in the Barsele Project . The Company currently holds the remaining 45% interest in the [...]
Barsele Minerals Corp. - announces the extension of its letter of intent date May 10, 2021 with Agnico Eagle Mines Ltd. . The LOI sets out the basic terms and conditions for the Company to acquire Agnico Eagle's indirect 55% interest in the Barsele Project . The Company currently holds the remaining 45% interest in the Barsele Project, and upon [...]
Coring was initiated on June 2nd Diamond drilling is budgeted for 3,000 metres and will test for Orogenic Gold and Volcanogenic Massive Sulphides. Drilling will commence west northwest of Risberget and southeast of Skiråsen to test Orogenic Gold targets , followed by a test of the following targets. Induced Polarization/Electromagnetic/Magnetic [...]
Barsele Minerals Corp. - is pleased to announce that it has executed a non-binding letter of intent with Agnico Eagle Mines Ltd. to acquire Agnico Eagle's indirect 55% interest in the Barsele Project . The Company currently holds the remaining 45% interest in the Barsele Project and upon completion of the Proposed Transaction, would consolidate [...]
Barsele Minerals Corp. is pleased to announce that it has granted an aggregate of 2,575,000 incentive stock options to directors, officers, and consultants to purchase up to 2,575,000 common shares in the capital of Barsele . The Options have an exercise price of $0.65 per Share, expire five years from the date of grant and vested immediately on [...]
Barsele Minerals Corp. is pleased to announce that it has closed its non-brokered private placement announced on January 20, 2021. The Offering consisted of the sale and issuance of 3,176,845 common shares of the Company issued at a price of $0.65 per Share for aggregate gross proceeds of $2,064,949.25. The Company will use the net proceeds from [...]
Barsele Minerals Corp. is pleased to announce that the Company intends to undertake a non-brokered private placement financing to raise aggregate gross proceeds of up to $2.0 million from the sale of up to 3,076,924 common shares of the Company at a price of $0.65 per Share. The Company intends to use the net proceeds from the Offering for working [...]
Barsele Minerals Corp. reports that it has filed an amended technical report entitled "NI 43-101 Technical Report and Mineral Resource Estimate for the Barsele Property" and an amended annual information form for the year ended December 31, 2019 . The Amended Technical Report and the Amended AIF address comments raised by the British Columbia [...]
Central expansion hole CNT20006 intersects 6.0 metres grading 4.69 g/t gold Avan expansion hole AVA20004 intersects 10.0 metres grading 2.43 g/t gold, including 3.0 metres grading 6.80 g/t gold High-grade expansion drilling successful in probing for mineralized Fracture sets outside the current Wireframe Model Diamond drilling continued into early [...]