VANCOUVER, British Columbia, April 06, 2018 -- Chimata Gold Corp. announces that the Company has filed an NI 43-101 Technical Report available on www.sedar.com for its Kamativi Lithium Tailings Project in Zimbabwe as per the announcement made on March 6, 2018. The Provisional Report was completed in order to further define the scope of the lithium deposit on the Kamativi Lithium Tailings property and to better understand [...]
Chimata Gold announces that it has commenced drilling at the Kamativi Lithium Tailings Project in Zimbabwe. Drilling is being conducted in order to further define the scope of the lithium deposit on the property, and to understand the economic viability and value of the potential Mineral Resource, as this term is defined in NI 43-101 Respecting Standards of Disclosure for Mineral Projects . The initial auger drilling is [...]
Chimata Gold is pleased to announce that it is in the process of completing a NI 43-101 Technical Report with Zimbabwe Lithium Company, the completion of such satisfactory technical report being a condition precedent to the entering into a Definitive Agreement with ZIM, as provided in the Company's previous press release dated February 14, 2018. ZIM, includes in its definition its wholly owned subsidiary, Jimbata Limited [...]
Chimata Gold is pleased to announce that it has entered into a binding letter of intent with Zimbabwe Lithium Company (Mauritius) Limited. Pursuant to the terms of the LOI, Chimata will subscribe to the share capital of ZIM for an initial subscription of 19% of ZIM’s share capital in exchange for the allocation by Chimata of an amount of shares representing 19% of its then issued and outstanding share capital to ZIM, such [...]
Further to the news release dated October 13, 2017, the Company is pleased to announce that the agreement with Chimata Gold, dated October 12, 2017, to sell a 100% interest in the Bam mineral property located in the Liard mining division of BC, closed on December 1, 2017. The Company further announces that Mr. Robert B. MacGillivray has resigned as a director of the Company. Mr. MacGillivray has been a director of the [...]
Chimata Gold announces that it has entered into a property purchase agreement and the Company also announces a private placement offering. The Company has entered into a purchase agreement with Bearclaw Capital dated October 12, to acquire a 100% interest in the Bam mineral property. The property is comprised of 1052 hectares located in the Pacific Golden Triangle mining district approximately 80 Km south of Telegraph [...]
Chimata Gold announces that it is offering, on a non-brokered private placement basis, up to 15,000,000 units issued at a price of $0.055 per Unit, each Unit being comprised of one common share in the capital of the Company and one common share purchase warrant entitling its holder to purchase an additional common share at a price of $0.055 per common share for a period of 36 months from the closing date.
