Orefinders Resources Inc. is pleased to publish its memo entitled 'Orefinders on Gold: A Juniors View on the Gold Price Environment'. The story of gold's recent price increase begins over ten years ago from policies implemented post 2008's Global Financial Crisis. Policies which saw a coordinated devaluation of fiat currencies that led to inflated prices across asset classes. But inflated prices do not always mean higher [...]
Orefinders Resources Inc. attended Mistango River Resources Inc. shareholder meeting on September 10, 2019 held at Mistango's offices in Kirkland Lake, Ontario. The meeting was convened as scheduled at 10AM and began with meeting scrutineer, TMX Group, announcing that 82% of Mistango's outstanding shares have been voted and accounted for. Immediately following this, Mistango and meeting Chairman Donald Kasner abruptly [...]
Orefinders Resources Inc. is pleased to announce that in addition to its recently announced exploration program on the Knight project's multiple breccia pipe targets similar to that of Minto, the Company will commence its core resampling on the Tyranite, Duggan and Minto zones of the Knight with the objective of validating the historical drilling. The intent of this resampling program is to compile the Knight project's [...]
Orefinders Resources Inc. is pleased to announce that it has identified high priority targets via processing of an existing high-resolution magnetic-radiometric survey completed on its Knight Gold project in Ontario. These targets have been evaluated in conjunction with lithogeochemical arsenic anomalies, which together have identified numerous potential breccia pipes targets like that of the Minto which have yet to be [...]
Orefinders Resources Inc. is pleased to announce that, in conjunction with Young Mining Professionals , the Company will provide a $4,000 scholarship to an innovative student that is studying in a mining related field in Canada. "Our team is a big believer in innovation, whether it's exploration, operations, data analytics or metallurgical systems as there is a yet to be discovered process that will revolutionize the way [...]
Orefinders Resources Inc. announces that it has closed the non-brokered private placement previously announced on June 3, 2019 for aggregate proceeds of $555,000 . Orefinders' CEO Stephen Stewart purchased approximately 9.5% of the shares issued in this Offering. Upon closing of the Offering, the Company issued: 1,966,667 flow-through units , at a price of $0.06 per Flow-Through Unit for gross proceeds of $118,000, where [...]
Orefinders Resources Inc. is pleased to announce that field work has started on Pacific Precious' Kuta Ridge Property. The scope of work includes stripping, trenching and channel sampling the outcropping gold occurrences which were identified during earlier programs in order to attain more data on the grade and width of these zones. Additionally, new areas on the property will be mapped and prospected to identify new [...]
Orefinders Resources Inc. is pleased to provide its updated investment thesis, originally published in September 2018, to include its view on the recent gold price movements, how this impacts the major miners, the gold juniors and how this fits into Orefinders strategy. 30 DAYS? Gold price movements in June 2019 look promising as we have exceeded the $1,400 level. This key psychological threshold needs to hold and mature [...]
Orefinders Resources Inc. is disappointed to announce that Mistango River Resources Inc. has rejected Orefinders' offer to arrange an arms length financing to be done at a premium to the Canadian Stock Exchange's minimum share issuance price of $0.05. In turn Mistango announced on June 20, 2019 that it is completing a discounted flow-through share issuance at $0.022 per share. This $0.022 per share financing amounts to a [...]
Orefinders Resources Inc. is pleased to announce that it is offering to facilitate up to a $1,000,000 financing for Mistango River Resources Inc. to develop its Omega project. "We are attempting to engage Mistango's Board of Directors with proactive solutions that sees capital invested in the Omega project. As a 31% owner of Mistango, Orefinders has a vested interest in adding value to Mistango on a per share basis [...]
Orefinders Resources Inc. is pleased to announce that Power Ore , of which Orefinders owns 5,059,752 shares, intersected 1.41% copper equivalent over 58.1 metres confirming shallow high grade disseminated copper mineralization at Opemiska Copper Mine Complex in the Chibougamau District of Quebec. Notable intersections include: 1.41% copper equivalent over 58.1 metres starting at 49.9 metres down hole including 5.9 [...]
Orefinders Resources Inc. discloses that, during the course of its due diligence on Mistango River Resources Inc. , it has identified concerning and unexplained issues related to Mistango's finances and its 2018 Audited Financial Statements including what may be a conflict of interest between Mistango's CFO, Carina Da Mota, and its independent auditor Kreston GTA LLP . Orefinders concerns are rooted in the following [...]
