ST. JOHN'S, Newfoundland and Labrador, Jan. 31, 2023 -- Vulcan Minerals Inc. , is pleased to announce that Atlas Salt Inc. , a related company, has released the results from a Preliminary Economic Assessment of its Great Atlantic salt deposit in Western Newfoundland completed by SLR Consulting Ltd. The complete copy of the Atlas Salt news release [...]
ST. JOHN'S, Newfoundland and Labrador, Nov. 08, 2022 -- Vulcan Minerals Inc. , is pleased to provide the following exploration update on its 100% owned projects. Highlights: Carbonear SEDEX Zinc/Gold project acquired - Magnetic, LIDAR and geochemical surveys completed Springdale Gold - geochemical survey completed over high grade gold trend New [...]
ST. JOHN'S, Newfoundland and Labrador, Sept. 23, 2022 -- Vulcan Minerals Inc. announces that Atlas Salt Inc. , a related company, and Triple Point Resources Ltd. have completed the spin-out of Triple Point through a plan of arrangement under the Business Corporations Act . The Arrangement was effective at 12:01 a.m. on September 22, 2022 . Pursuant [...]
Vulcan Minerals Inc. has released it's Audited Consolidated Financial Statements for the year ended Dec 31, 2021. The Company notes that its share ownership in Atlas Salt Inc. was reduced from 63.03% as of December 31 2020 to 36.80 % as of Dec 31 2021 primarily as a result of various equity financings by Atlas during 2021. Accordingly, the Company [...]
Vulcan Minerals Inc. provides the following exploration update. Colchester Springdale Drilling Update The Company is still waiting for drill assay results. A total of 1511 meters were drilled over 8 scout holes in late 2021 testing a variety of targets within mafic volcanic sequences at Colchester. Several stringer and disseminated sulfide zones [...]
Vulcan Minerals Inc. is pleased to announce completion of its drilling program at its 100% owned Colchester copper/gold project in Newfoundland. A total of 1511 meters were drilled over 8 scout holes testing a variety of targets within mafic volcanic sequences. One hole was drilled to test the western flank of the historic Colchester deposit. Three [...]
Vulcan Minerals Inc. is pleased to announce commencement of drilling at its 100% owned Colchester copper/gold property in Newfoundland. A minimum program of 1500 meters will test the Andrews Pit geophysical target which offsets the historic main Colchester copper/gold deposit. As well, the western flank of the Colchester deposit and the McNeily [...]
Vulcan Minerals Inc. announces that a binding Letter of Intent has been signed with Fjordland Exploration Inc. granting Fjordland the option to acquire a 100% working interest in 30 mineral claims located in the South Voisey's Bay area, Labrador. Under the terms of the agreement, Fjordland has the option to pay Vulcan 1,350,000 common shares [...]
Vulcan Minerals Inc. announces that it has closed its non-brokered private placement previously announced on June 8, 2021 and subsequently increased to $4,500,000 to accommodate investor interest. Pursuant to the Offering, the Company issued 22,500,000 units at a price of $0.20 per unit for gross proceeds of $4,500,000, with each unit consisting of [...]
Vulcan Minerals Inc. has arranged a non brokered private placement for proceeds of $4,000,000 by way of issuance of 20,000,000 units at $0.20 consisting of one common share and one common share purchase warrant exercisable at $0.30 for a period 30 months following the close of the offering. In the event that the closing price of the company's [...]
Vulcan Minerals Inc. is pleased to provide an update on its activities. Springdale Gold Project In late 2020 a prospecting team visited the southwestern part of the Springdale property in Newfoundland to evaluate the access to and verify the existence of historically reported trenches at the Burnt Berry, Mistaken Pond and Fallen Tree gold showings [...]
Vulcan Minerals Inc. is pleased to announce that it has entered into an Option Agreement with Sassy Resources Corp. whereby Vulcan has agreed to option to Sassy a 100% interest in the Gander Belt Gold properties in central Newfoundland. Pursuant to the terms of the Agreement, total aggregate consideration payable by Sassy to Vulcan is $400,000 cash [...]