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 to keep the workers and the people living in the surrounding community [...]
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 entitle the holder thereof to acquire one Share from the Company at a price [...]
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 core length grading 8.20 g/t gold. Regional hole BAS21007 cut a zone logged [...]
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 National Interest under Chapter 3, Section 7 of the Swedish Environmental [...]
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 requirements of the LOI. Gary Cope, President and CEO of Barsele commented [...]
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. To be eligible, companies are required to meet certain conditions [...]
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 Project, and upon completion of the Proposed Transaction would [...]
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 completion of the Proposed Transaction would consolidate 100% control of the [...]
Coring was initiated on June 2nd Diamond drilling is budgeted for 3,000 metres and will test for Orogenic Gold and Volcanogenic Massive Sulphides. Drilling will commence west northwest of Risberget and southeast of Skiråsen to test Orogenic Gold targets , followed by a test of the following targets. Induced Polarization/Electromagnetic/Magnetic targets at the new precious and base metal discoveries at Bastuträsk [...]
Barsele Minerals Corp. - is pleased to announce that it has executed a non-binding letter of intent with Agnico Eagle Mines Ltd. 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 completion of the Proposed Transaction, would consolidate control of the Barsele Project. The completion of the Proposed Transaction [...]
Barsele Minerals Corp. is pleased to announce that it has granted an aggregate of 2,575,000 incentive stock options to directors, officers, and consultants to purchase up to 2,575,000 common shares in the capital of Barsele . The Options have an exercise price of $0.65 per Share, expire five years from the date of grant and vested immediately on the date of grant. As a result of this grant of Options, Barsele has [...]
Barsele Minerals Corp. is pleased to announce that it has closed its non-brokered private placement announced on January 20, 2021. The Offering consisted of the sale and issuance of 3,176,845 common shares of the Company issued at a price of $0.65 per Share for aggregate gross proceeds of $2,064,949.25. The Company will use the net proceeds from the Offering for working capital requirements and other general corporate [...]
