55 North Mining Inc. is pleased to announce that the Company and Marcel Colomb First Nations have signed an Exploration Agreement outlining a framework for collaboration on the proposed exploration of the Last Hope Gold Project in Lynn Lake, Manitoba. The Agreement details how the two parties will work together to progress ongoing exploration [...]
55 North Mining Inc. announces closing of the third tranche of the non-brokered private placement unit financing announced on August 29, 2022 in the sum of $42,174.68. The Company issued 2,108,734 Units at a price of $0.02 per Unit. All Units consist of one common share and one common share purchase warrant , exercisable at $0.05 for a period of [...]
55 North Mining Inc. is pleased to report that pursuant to the amended option agreement previously announced on September 6, 2022, the Company has made a payment of $200,000 as well issued 5,000,000 common shares of 55 North Mining Inc. to the Optionor. The board of directors also approved the settlement of $110,000 of debt through the issuance of [...]
55 North Mining Inc. announces amendment to the option agreement for the Last Hope Gold Project located in Manitoba, Canada. The Company has successfully amended the schedule on the final payment of $3,000,000 for the property. The amended agreement extends the final payment by three years to September 5, 2025. The parties have also agreed to [...]
55 North Mining Inc. is pleased to announce a non-brokered private placement of Units of up to $400,000. Each Unit, priced at $0.02, is comprised of one common share and one common share purchase warrant entitling the holder to acquire one additional common share at a price of $0.05 per share for a period of 48 months from the date of issuance. All [...]
55 North Mining Inc. is pleased to provide its 2022 plan for the Last Hope Gold Project. Bruce Reid, President and Chief Executive Officer commented: "We are extremely pleased with our progress to date on our Last Hope Gold Project, a high-grade gold project 10km away from Alamos Gold's 2Moz Lynn Lake Project in northern Manitoba. In light of the [...]
55 North Mining Inc. is pleased to report an updated NI 43-101 compliant Mineral Resource Estimate on its high grade Last Hope Gold Project in Lynn Lake Manitoba, including high grade near surface Mineral Resources: Indicated Mineral Resources increased by 87%, Inferred Mineral Resources increased by 48%. Mining of the near surface Mineral [...]
55 North Mining Inc. is pleased to announce that it has closed the non-brokered flow-through private placement financing announced on July 9, 2021 for gross proceeds of $550,000. The flow-through financing consisted of 5,500,000 units priced at $0.10 per FT Unit. Each FT Unit is comprised of one common share and one common share purchase warrant [...]
55 North Mining Inc. is pleased to announce that it plans to raise up to $500,000 in a non-brokered flow-through private placement financing. The flow-through financing will consist of up to 5,000,000 units priced at $0.10 per FT Unit. Each FT Unit will be comprised of one common share and one common share purchase warrant entitling the holder to [...]
55 North Mining Inc. is pleased to announce assay results from the final 6 holes of its 2020/2021 diamond drill program at its high-grade Last Hope Gold Project, located near Lynn Lake, Manitoba. Highlights 4.09 g/t over 8.0 m in hole LH-21-10 5.10 g/t over 4.3 m in hole LH-21-16. 5.01 g/t over 4.0 m in hole LH-21-18. Bruce Reid, President and [...]
55 North Mining Inc. is pleased to announce assay results from 14 additional holes of a diamond drill program at its high-grade Last Hope Gold Project, located near Lynn Lake, Manitoba. Highlights 6.17 g/t over 8.0 m in hole LH-21-20 4.08 g/t over 6.7 m in hole LH-21-17 4.03 g/t over 5.8 m in hole LH-21-11 7.74 g/t over 1.9 m in hole LH-21-14 Bruce [...]
55 North Mining Inc. is pleased to announce assay results from 4 additional holes of an ongoing diamond drill program at its high-grade Last Hope Gold Project, located near Lynn Lake, Manitoba. Highlights - Significant Widening of High-Grade Gold Mineralization 19.25 g/t over 15.7 m in hole LH-20-08. 6.25 g/t over 4.0 m in hole LH-20-09. 6.27 g/t [...]
