Avante Mining Corp. is pleased announce the closing of a non-brokered private placement of 3,000,000 flow-through common shares of the Company , issued at a price of $0.15 per FT Share for aggregate gross proceeds of $450,000 to the Company . Each FT Share is issued as a "flow-through share" of the Income Tax Act . The gross proceeds of the Private Placement will be used by the Company to incur eligible "Canadian [...]
Avante Mining Corp. , is pleased to announce that it has intersected a 24-metre interval with visible sulfides and visually identified pentlandite, a nickel sulfide, at the Company's Voisey's West nickel project . The Project is located in the same intrusive complex as the nearby Voisey's Bay mine and 70km west of the town of Nain, Labrador, Canada. Highlights First drilling into new zone visually identified nickel [...]
Avante Mining Corp. , is pleased to announce that it has mobilized a diamond drill to the Voisey's West nickel project to begin drilling, targeting zones of 1% plus Nickel. Voisey's West is located in the same intrusive complex as the near-by Voisey's Bay mine, and 70km west of the town of Nain, Labrador, Canada. Highlights 2.5-kilometre trend with high-grade nickel zones Same intrusive complex hosted on Voisey's West [...]
Avante Mining Corp. , is pleased to report results from its sampling program of historical core from the TL Nickel Project located 50km northwest of the Voisey's Bay Nickel mine, in Newfoundland and Labrador . The sample results included high grade values up to 1.85% Nickel over 0.9 metres from one of the high-grade intervals with a weighted average of 1.28% Ni over 4.4 metres. Sampling targeted 1995 and 1996 drilling [...]
Avante Mining Corp. is pleased to announce the commencement of a targeted resampling program on the historic core samples from the TL Nickel Property located 50km northwest of the Voisey's bay mine. This initiative forms a critical component of the preparatory work for a drilling project scheduled for 2023. The Company gained access to the core storage facility in Happy Valley - Goose Bay, NL, managed by the Province of [...]
ArcPacific Resources is pleased to announce a name change to "AVANTE MINING CORP". effective Monday, May 15, 2023, subject to final acceptance of the TSXV Exchange Inc. The trading symbol will be changed to "AVA". The Name Change will not affect the rights of the Company's shareholders. There will be no consolidation of capital associated with the name change. Shareholders will not be required to take any action in [...]
ArcPacific Resources is pleased to announce that it has entered into a purchase agreement dated March 29, 2023 with an arm's length party to acquire an undivided 100% interest, subject to 2% Net Smelter Royalty, in and to 96 mineral claims within 2,400 ha, commonly referred to as the TL Nickel North property. The Property is located in the Churchill province of Labrador and straddles a major regional contact between early [...]
ArcPacific Resources is pleased to announce that further to the Company's news release dated January 27, 2023, announcing a non-brokered private placement of 15,000,000 units at a price of $0.10 per Unit, the Private Placement has been over subscribed by an additional 2,000,000 Units. The Private Placement closed today with the issuance of 17,000,000 Units for gross proceeds of $1,700,000. Each Unit consists of one common [...]
ArcPacific Resources is pleased to announce a non-brokered private placement of up to 15,000,000 units at a price of $0.10 per Unit for gross proceeds up to $1,500,000. Each Unit will consist of one common share in the capital of the Company and one common share purchase warrant. Each Warrant will entitle the holder to purchase one additional Share in the capital of the Company at a price of $0.20 per Share for a period [...]
ArcPacific Resources announces that it will be consolidating all of the issued and outstanding common shares of the Company on the basis of one post-consolidation Common Share for each ten pre-consolidation Common Shares. The effective date and trading of the Common Shares on a post-Consolidation basis on TSX Venture Exchange will be Dec 15, 2022. The Company's name and trading symbol will remain unchanged. The new CUSIP [...]
ArcPacific Resources Corp. is pleased to announce it has entered into an option agreement dated November 20, 2022 to acquire a 100% interest in the TL Nickel Project located 50 kilometres northwest of Voisey's Bay Ni-Cu-Co mine and 70km west of the town of Nain, in Newfoundland and Labrador, Canada. The Property is located in the Churchill Province of Labrador and consists predominately of quartz-feldspathic and [...]
ArcPacific Resources Corp. is pleased to provide an update regarding ongoing work at its 100% owned Lucky Mike Silver Lode Project located in the Quesnel Trough, British Columbia's primary copper and gold producing belt. The Company has identified gold-copper mineralization grading up to 20.1 g/t gold , 130 g/t Silver , 0.44% copper and up to 3.6% copper , 0.7 g/t and 211 g/t Ag in rock grab samples from outcrop related [...]
