Hemlo Explorers Inc. is pleased to update its shareholders on the progress made by Barrick Gold Inc. on the Pic Project optioned from the Company for the four months ended December 31, 2022. The goal of Barrick's initial 2022 field season was to collect geochemical data, both by assay and hyperspectral core scanning in order to broadly classify [...]
Hemlo Explorers Inc. is pleased to deliver to shareholders a summary of the key accomplishments of 2022 and the Company's outlook and exploration plans for 2023. 2022 marked a year of achievements for Hemlo Explorers. On the corporate side, the Company completed the following: In January 2022, the Company announced an option agreement with First [...]
Hemlo Explorers Inc. is pleased to provide an update on final precious metals and multi-element results from its soil sampling campaign on Project Idaho, located three kilometres southeast of Generation Mining's Marathon Palladium Copper Deposit . Results from the soil sampling program show anomalous precious metals and pathfinder element values [...]
Hemlo Explorers Inc. is pleased to provide an update on precious metals results received from its soil sampling campaign on Project Idaho, located three kilometres southeast of Generation Mining's Marathon Palladium Copper Deposit . Figure #1 - Project Idaho Location Map [...]
Hemlo Explorers Inc. is pleased to provide an update on the summer work program at Project Idaho, which is located three kilometres east of Generation Mining's Marathon Palladium Copper Deposit . Highlights of the 2022 program included: Field programs were completed by late August and consisted of detailed mapping, prospecting and rock sampling [...]
Hemlo Explorers Inc. is pleased to announce that First Energy Metals Ltd. has chosen to accelerate the option payments for the Falcon Lake claims as announced in a press release dated January 12, 2022. First Energy will make a cash payment of $70,000 and issue 500,000 shares of First Energy as full and final payment of this option agreement. In [...]
Hemlo Explorers Inc. is pleased to announce that it has received its exploration permit for Project Idaho from the Ministry of Mines, Natural Resources and Forestry. The Company also confirms that it has executed an Exploration Agreement with Biigtigong Nishnaabeg which covers exploration on Project Idaho and the Pic Project, which was optioned to [...]
Hemlo Explorers Inc. is pleased to announce that it has closed the previously announced non-brokered private placement with a wholly-owned subsidiary of Barrick Gold Corporation . The Company issued 1,841,468 common shares priced at $0.1052 per common share for gross proceeds of $193,722.43. The proceeds of the private placement will be used for [...]
Hemlo Explorers Inc. is pleased to announce that further to its news release dated April 4, 2022, it has now executed the definitive agreement with a wholly-owned subsidiary of Barrick Gold Corporation whereby Barrick has the right to earn into an 80% interest in the Pic Project. The Company and Barrick have also executed a subscription agreement [...]
Hemlo Explorers is pleased to announce the results of voting at its annual general meeting of shareholders which was held. All matters submitted to shareholders for approval as set out in the Company’s Notice of Meeting and Information Circular, both dated June 27, 2022, were approved by the requisite majority of votes cast at the Meeting.
Hemlo Explorers announces another extension of the binding term sheet with a wholly owned subsidiary of Barrick Gold Corporation that originally estimated that the parties would sign a definitive agreement by April 30, 2022. Both parties continue to work through the due diligence process and are working to finalize the Definitive Agreement in June [...]
Hemlo Explorers Inc. announces an extension of the binding term sheet with a wholly owned subsidiary of Barrick Gold Corporation that originally estimated that the parties would sign a definitive agreement by April 30, 2022. Both parties continue to work through the due diligence process and are working to finalize the Definitive Agreement in May [...]
