Meryllion Resources Corp. wishes to announce that it has granted an aggregate of 950,000 incentive stock options to certain officers and directors. 450,000 of the stock options have an exercise price of $0.105, while 500,000 of the stock options have an exercise price of $0.115. All of the stock options shall vest immediately, are exercisable for a period of 60 months and are subject to the policies of the Canadian [...]
Meryllion Resources Corp. is pleased to announce that it has entered into a market-making agreement with Independent Trading Group Inc. pursuant to which ITG has agreed to provide certain market-making services to the Company. ITG will trade the securities of the Company on the Canadian Securities Exchange for the purposes of maintaining an orderly market and improving liquidity of the Company's common shares. In [...]
Meryllion Resources Corp. is pleased to announce that it has advised Essex Minerals Inc today that it intends to exercise its option in respect to the Mt Turner Copper-Molybdenum-Gold project, located in North Queensland, Australia. On April 26, 2022. Meryllion announced that it had entered into a 90-day option agreement with Essex to fund a minimum $250,000 on exploration at Mt Turner, including a detailed IP survey, to [...]
Meryllion Resources Corp. is pleased to announce that the first phase of exploration on the Mt Turner Cu-Mo-Au project in north Queensland has identified a number of previously unknown near surface drilling targets as well as sub vertical deeper targets possibly associated with porphyry mineralization targets. Meryllion is earning an option over the Mt Turner Project from Essex Minerals Inc by funding an induced [...]
Meryllion Resources Corp. is pleased to announce that it has reached terms with Essex Minerals Inc. , for an arm's length option and earn-in joint venture on the Mt Turner copper-molybdenum and Drummer Fault gold projects in north Queensland, Australia. Highlights Previous exploration by Essex has identified a coherent copper in soil anomaly flanking a molybdenum in soil anomaly over a 4km x 4km area at Mt Turner. The [...]
Meryllion Resources Corp. , is pleased to announce that it has completed its previously announced non-brokered private placement pursuant to which the Corporation has issued a total of 6,154,615 common shares at a price of $0.065 per share for gross proceeds of $400,050 . Certain insiders of the Corporation subscribed for a total of 2,307,693 common shares pursuant to the Private Placement. The issuance of shares to each [...]
Meryllion Resources Corp. , wishes to announce a proposed non-brokered private placement of up to 6,153,846 common shares at a price of $0.065 per share in order to raise up to $400,000. The Corporation will use the proceeds of the private placement for continued exploration of the Oldham Property as well as general working capital. Insiders of the Corporation are expected to participate in the private placement which [...]
Meryllion Resources Corp. , wishes to announce that it has completed a shares-for-debt transaction pursuant to which the Corporation issued a total of 900,000 common shares at a deemed issue price of $0.07 per share in settlement of $63,000 of outstanding management fees owing to two of the Corporation's officers and directors. The issuance of shares to each of the officers and directors constitutes a related-party [...]
Meryllion Resources Corp. , wishes to announce that it has signed an extension to the option agreement over the Oldham Range Project in Western Australia to April 1, 2022. All other terms of the agreement have remained the same. As stated in a press release dated December 16, 2021, the Corporation's planned drilling program remains subject to obtaining a suitable drilling rig and all regional approvals. About Meryllion [...]
Meryllion Resources Corp. wishes to announce the successful completion of a technical due diligence to its Oldham Range Project and the receipt of a government grant in support of the proposed work program. HIGHLIGHTS TECHNICAL DUE DILIGENCE Confirmed the location and tenor of historic anomalism from gossanous outcrop within the property area. Polymetallic base metal grades of up to 0.11% copper, 800 ppm zinc and 180 ppm [...]
Meryllion Resources Corp. , wishes to announce that a site visit to its Oldham Range project was undertaken by independent geologist, RockDomain Consulting. Highlights Site visit confirmed the location of surface gossan outcrop within the property area Several rock chip samples collected and submitted to laboratory Drill rig access established to the main target areas Several geological traverses undertaken to verify [...]
Meryllion Resources Corp. wishes to announce that it has signed an option to acquire a 100% interest in the Oldham Range base and battery metal exploration property in Western Australia. Figure 1: Location Plan of Oldham Range Licence in Western Australia To view an enhanced version of this graphic, please visit: https://orders.newsfilecorp.com/files/5495/91207_889de49d443569d4_001full.jpg Highlights • The Property [...]
