Hemlo Explorers Inc. is pleased to announce that it has been selected to receive grant funding of up to $200,000 under the Ontario Junior Exploration Program from the Ontario Government. This amount will cover up to 50% of eligible exploration costs, to a maximum of $200,000 in respect of expenditures incurred by the Company during the period from [...]
Hemlo Explorers Inc. is pleased to announce that it has closed the second and final tranche of its previously announced non-brokered private placement . In the final tranche, the Company issued 300,000 units , each comprised of one non flow-through common share and one common share purchase warrant and 4,011,110 "flow-through" units , each [...]
Hemlo Explorers Inc. is pleased to announce it has commenced drilling at its Project Idaho, located approximately 2 km east of Generation Mining's Marathon Palladium-Copper Project near Marathon, Ontario. Highlights: Diamond drilling has begun at Project Idaho to test a number of targets over a 3-kilometre NS-trending strike length Targets were [...]
Hemlo Explorers Inc. is pleased to announce that it has closed the first tranche of the non-brokered private placement announced on April 20, 2023. Under the first tranche of the Offering, the Company issued 7,293,333 units , each comprised of one non flow-through common share and one common share purchase warrant and 2,291,110 "flow-through" units [...]
Hemlo Explorers Inc. is pleased to announce that it has started preparing the ground for its upcoming diamond drill program slated to begin in early July 2023. Preparation includes cutting drill pads and helicopter landing sites, roughly 3 kilometres east of Generation Mining's Marathon Palladium Copper Deposit . Drill targets have been selected [...]
Hemlo Explorers Inc. announces it is extending the closing of its non-brokered private placement , as announced on April 20, 2023, for an additional 30 days. All terms of the Offering remain unchanged, and the Offering remains subject to the approval of the TSX Venture Exchange. This news release does not constitute an offer to sell or a [...]
Hemlo Explorers Inc. is pleased to announce that it has received its exploration permit for Project Idaho from the Ontario Ministry of Mines. The Company would like to recognize the Biigtigong Nishnaabeg First Nation for their cooperation and support of the permitting process. The Company, after a very productive 2022 exploration season, will begin [...]
Hemlo Explorers Inc. announces that it will extend the term of an aggregate of 3,932,038 share purchase warrants by an additional eighteen months from May 25, 2023 to November 25, 2024, subject to accelerated expiry terms if the Company's common shares trade at or above $0.80 per share for 20 consecutive days in which case the Company will have the [...]
Hemlo Explorers Inc. announces it is undertaking a non-brokered private placement to raise aggregate gross proceeds of up to $1,200,000 through the sale of up to 8,000,000 units at a price of $0.075 per unit and 6,666,667 flow through units at a price of $0.09 per flow through unit. Robert Cudney and Northfield Capital Corporation have committed to [...]
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 [...]
