Barsele Minerals Corp. is pleased to announce that the Company intends to undertake a non-brokered private placement financing to raise gross proceeds of up to approximately $1,000,000 from the sale of up to 3,333,334 units at a price of $0.30 per Unit, with each Unit consisting of one common share of the Company and one-half of one warrant . Each [...]
Coring was initiated on June 3rd Diamond drilling is budgeted for 3,000 metres and will test for Orogenic Gold and Volcanogenic Massive Sulphides. Drilling will commence near the known Risberget Zone, to test Orogenic Gold targets in the vicinity of previously intersected gold mineralization. Other Gold targets where testing is planned include [...]
Barsele Minerals is pleased to announce that it has closed the final tranche of its non-brokered private placement, announced on Jan 6, 2022. The Final Tranche was comprised of 550,000 units of the Company issued at a price of $0.50 per Unit for aggregate gross proceeds of $275,000. Each Unit consists of one common share and one-half of one common [...]
Barsele Minerals is pleased to announce that it has closed the first tranche of its $2 million private placement announced on Jan 6, 2022, issuing 825,000 units of the Company at a price of $0.50 per Unit for aggregate gross proceeds of $412,500. Each Unit consists of one common share and one-half of one common share purchase warrant. Each Warrant [...]
A high-grade boulder assaying 90.8 g/t Au was found 150 meters up-ice, to the northwest, along a known boulder trail discovered in 2016. This boulder occurs south-southeast from the trend of the Avan-Central Skiråsen zones. Follow-up Meffa results indicate arsenic anomalies in the area. Stringent COVID-19 protocols continue to be enforced, in order [...]
Barsele Minerals Corp. is pleased to announce that the Company intends to undertake a non-brokered private placement financing to raise gross proceeds of up to $2,000,000 from the sale of up to 4,000,000 units at a price of $0.50 per Unit, with each Unit consisting of one common share of the Company and one-half of one warrant. Each Warrant will [...]
At Bastuträsk, Regional hole BAS21005 cut 0.60 metres core length of sphalerite-bearing carbonate breccia, grading 2.93% zinc. Regional hole BAS21001 intersected a zone of hyaloclastic basalt with a 0.9 m interval grading 1.66% zinc, 0.12% lead. Regional hole BAS21006 yielded arsenopyrite rich vein material with visible gold including a 0.45 metre [...]
Barsele Minerals Corp. is pleased to provide an update for the Barsele Gold-VMS Project area in Västerbottens Län. Effective September 30, 2021, the Swedish Geological Survey has designated the land area hosting the Avan-Central-Skiråsen "Orogenic Gold" system, as well as the land area surrounding the Norra "VMS" deposit, a land and water area of [...]
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 [...]