Bekanntmachung • Apr 17
Lode Gold Resources Inc., Annual General Meeting, Jun 25, 2026 Lode Gold Resources Inc., Annual General Meeting, Jun 25, 2026. Bekanntmachung • Apr 16
Lode Gold Resources Inc Fast-Tracks Development of Fremont Gold Project with Drilling Programs Lode Gold Resources Inc. announced an accelerated exploration and development strategy at its Fremont Gold Project in Mariposa County, California, aimed at fast-tracking the Project toward a Preliminary Feasibility Study with 3,500 m of drilling in 2026 and subsequent Feasibility Study with 7,800 m of drilling in 2028. The Company is advancing Fremont under a revised development approach focused on bulk underground mining, supported by a growing Mineral Resource Estimate and strong geological continuity seen at its deposit situated along the Mother Lode structural corridor. As part of the initial phase of work, Lode Gold will undertake a 3,500 meter drilling program designed to support the ongoing Mineral Resource Estimate update and to advance technical studies required for the Preliminary Feasibility Study. Specifically, this program will include: 1,400 meters of metallurgical and geotechnical drilling in the Pine Tree - Josephine area where historically it was mined at an average grade of 10.7 g/t, 600 meters of hydrological and infill drilling in the Pine Tree - Josephine area, 1,500 meters of step-out exploration drilling in the Chicken Gulch area. The drilling is designed to further de-risk the project by improving geological confidence, supporting mine design parameters, and expanding mineralization within the central structural corridor, where only a limited portion of the total strike length has been incorporated into current resource models. 90% of the resource of the 2025 Mineral Resource Estimate came from the Pine Tree – Josephine project. Mineralization shows a remarkable continuity and homogeneity in the grades similar to other greenstone and ophiolite hosted gold deposits. Gold has only been extracted previously in 2 of the 7 deposits. Chicken Gulch lies within the broader central Mother Lode structural corridor, where only approximately 20% of the first 500 meters of strike length is currently included in the existing Mineral Resource Estimate. The planned drilling aims to test extensions of mineralization along this corridor and potentially expand resource areas close to the central trend. The Company is targeting completion of the Preliminary Feasibility Study by Second Quarter 2027. Following completion of the Preliminary Feasibility Study, the Company plans to undertake an additional 7,800 meter underground drilling program as part of the Feasibility Study stage. This program will be conducted from two parallel exploration ramps, each approximately 2,200 meters in length, developed along the mineralized body. These ramps will provide direct underground access for drilling, significantly improving the accuracy of geological, geotechnical, and metallurgical data collection. Importantly, these exploration ramps are expected to be incorporated into the future mining operation, forming part of the initial underground development infrastructure and supporting a phased transition toward production. The Company is targeting Completion of Feasibility Study by 2029. The planned drilling programs are designed not only to support the Preliminary Feasibility Study, but also to position the Project for a seamless transition into the Feasibility Study stage and future mine development. Fremont is advancing as a scalable underground project with strong fundamentals and a clear path forward. Advancing Fremont through the Preliminary Feasibility Study and into the Feasibility Study represents a key step in unlocking the full value of the Project. The last time Fremont reached a comparable level of technical advancement was in 1986 under a different development concept. The current strategy, focused on bulk underground mining, reflects both improved geological understanding and favorable market conditions, positioning the Project for modern development. Price Target Changed • Mar 12
Price target increased by 49% to CA$0.83 Up from CA$0.56, the current price target is provided by 1 analyst. New target price is 193% above last closing price of CA$0.28. The company posted a net loss per share of CA$0.11 last year. Bekanntmachung • Feb 14
Lode Gold Resources Inc. Initiates Permit Application for Surface Drilling At Fremont Gold Mine Lode Gold Resources Inc. announced the continuing advancement of the Fremont Gold Mine project ("Fremont") with the engagement of an experienced San Francisco-based legal and permitting advisory group, that has successfully permitted other projects in California, to support the permitting process in Mariposa County for the imminent drill program at Fremont. The permit application will seek authorization to complete a program of ten surface drill holes at a total of about 1,500 m. These drill holes are intended to support technical work required in advance of a planned Pre-Feasibility Study ("PFS"). The proposed drilling program is designed to collect representative material for updated metallurgical test work and to obtain geotechnical data necessary to advance a rock mechanics study within the mineralized zone. This information will be used to better characterize rock quality, structural conditions and ground support requirements, with a focus on areas of the deposit that may be suitable for earlier-stage underground development, as well as optimization of mine plans. The Company notes that the proposed drilling is focused on technical validation rather than resource expansion, and is intended to de-risk key engineering parameters for underground mine design as Fremont is advanced toward the PFS stage. New Risk • Feb 04
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 34% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.9m free cash flow). Share price has been highly volatile over the past 3 months (23% average weekly change). Earnings have declined by 13% per year over the past 5 years. Shareholders have been substantially diluted in the past year (34% increase in shares outstanding). Revenue is less than US$1m. Minor Risk Market cap is less than US$100m (CA$26.2m market cap, or US$19.2m). New Risk • Dec 20
New minor risk - Share price stability The company's share price has been volatile over the past 3 months. It is more volatile than 75% of Canadian stocks, typically moving 18% a week. This is considered a minor risk. Share price volatility indicates the stock is highly sensitive to market conditions or economic conditions rather than being sensitive to its own business performance, which may also be inconsistent. It also increases the risk of potential losses in the short term as the stock tends to have larger drops in price more frequently than other stocks. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.9m free cash flow). Earnings have declined by 13% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$10.6m market cap, or US$7.69m). Minor Risks Share price has been volatile over the past 3 months (18% average weekly change). Shareholders have been diluted in the past year (30% increase in shares outstanding). Bekanntmachung • Dec 15
Lode Gold Resources Inc. Appoints David Swetlow as CFO Lode Gold Resources Inc. announced it has appointed David Swetlow as Chief Financial Officer. David is CFO of the Company's subsidiary 1475039 B.C. Ltd. ("Gold Orogen"), created to spin off its Yukon and New Brunswick mining property assets to unlock shareholder value, which is nearing the completion of "going public" via a reverse take-over ("RTO") transaction with Great Republic Mining. David has previously held various senior management, board, and advisory roles. With over 30 years in finance, operations, strategic alliances, public company management, and corporate governance, his past extensive experience includes company formation; financing; go public; uplisting; spin-out; corporate transactions; and restructuring. His focus has been start-up, scale-up, and growth-stage companies, including Canadian and US-listed public firms, driving high value projects and innovative technology. Formally educated as a CPA (CA), David has served as CFO, Director, Audit &Risk Committee Chair/Member, and Finance Chair for various organizations, and holds iGP governance certification and a SFU Beedie School of Business degree. New Risk • Dec 03
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$3.9m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.9m free cash flow). Earnings have declined by 13% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$10.4m market cap, or US$7.41m). Minor Risk Shareholders have been diluted in the past year (30% increase in shares outstanding). Bekanntmachung • Oct 17
Lode Gold Resources Inc Appoints Bill Fisher as Chair of Gold Orogen Technical Committee Lode Gold Resources Inc. announced Bill Fisher, a current director of Gold Orogen (Lode Gold's subsidiary and planned spinout), has accepted the position of Chair of the Technical Committee of Gold Orogen. Gold Orogen holds highly prospective Canadian gold assets located it the Yukon and New Brunswick. Bill has a successful track record, highlighted by notable exits. In the late 1990s, Bill served as Vice President of Exploration for Boliden AB, a major European mining and smelting company, where he managed 35 projects across nine countries. His career highlights include serving as Chairman of Aurelian Resources, which discovered the Fruta del Norte gold deposit in Ecuador, leading to the company's acquisition by Kinross Gold for $1.2 billion in 2008. Bill also helped transformed GlobeStar Mining Corp. from an exploration company to an emerging producer, having been instrumental in developing the Cerro de Maimon copper/gold mine in the Dominican Republic, which was completed on time and under budget. This project was sold to Perilya for $186 million. With over 40 years in the mining industry, Bill is renowned for his expertise in exploration, development, and strategic leadership. His career began in Africa, where he spent a decade working on diamond exploration and mining projects, including significant discoveries of kimberlites in the Congo and contributions to exploration efforts in West Africa.Until recently, Bill served as Chairman of GoldQuest Mining Corp., overseeing the development of a 3-million-ounce gold discovery in the Dominican Republic. He holds directorships in several mining companies, including Inventus Mining and Churchill Resources, and he previously served as Chairman of Treasury Metals now called (NexGold Mining Corp), which is developing the Goliath Gold Complex in Ontario. New Risk • Sep 10
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 49% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 17% per year over the past 5 years. Shareholders have been substantially diluted in the past year (49% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$11.9m market cap, or US$8.61m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). New Risk • Sep 03
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$4.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$4.1m free cash flow). Earnings have declined by 17% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$9.29m market cap, or US$6.73m). New Risk • Aug 10
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 32% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 18% per year over the past 5 years. Shareholders have been substantially diluted in the past year (32% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$9.04m market cap, or US$6.57m). Minor Risk Share price has been volatile over the past 3 months (14% average weekly change). Bekanntmachung • Jun 17
Lode Gold Resources Inc. announced that it has received CAD 1.186988 million in funding On June 16, 2025, Lode Gold Resources Inc closed the transaction. The company issued 2,204,457 at a price of CAD 0.18 per Unit for Aggregate gross proceeds of CAD 396,802.26 in its 2nd and Final Tranche. New Risk • Jun 02
New major risk - Financial position The company has less than a year of cash runway based on its current free cash flow trend. Free cash flow: -CA$3.1m This is considered a major risk. With less than a year's worth of cash, the company will need to raise capital or take on debt unless its cash flows improve. This would dilute existing shareholders or increase balance sheet risk. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$3.1m free cash flow). Earnings have declined by 18% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$7.76m market cap, or US$5.66m). Minor Risk Shareholders have been diluted in the past year (21% increase in shares outstanding). New Risk • May 06
New minor risk - Shareholder dilution The company's shareholders have been diluted in the past year. Increase in shares outstanding: 21% This is considered a minor risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Earnings have declined by 19% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$8.87m market cap, or US$6.42m). Minor Risks Share price has been volatile over the past 3 months (16% average weekly change). Shareholders have been diluted in the past year (21% increase in shares outstanding). Bekanntmachung • Feb 17
Lode Gold Resources Inc. announced that it expects to receive CAD 1 million in funding Lode Gold Resources Inc. announced a non-brokered private placement of 5,555,555 units at a price of CAD 0.18 per unit for the gross proceeds of CAD 1,000,000 on February 15, 2025. Each unit shall consist of one common share and one common share purchase warrant. Each warrant shall entitle the holder to purchase one common share at an exercise price of CAD 0.35 per common share for a period of three years following the date of closing. The transaction is expected to close on or before March 10, 2025. Bekanntmachung • Jan 22
Lode Gold Confirms Geology Consistent to Adjacent Puma/Kinross in New Brunswick: Gold Mineralized Rhyolites Lode Gold Resources announced it has completed phase one of exploration in New Brunswick. The preliminary exploration results on its New Brunswick properties are held in its subsidiary Gold Orogen (new Spin Co). Lode Gold confirms gold endowment in mineralized rhyolites in McIntyre Brook; the geology is consistent with the surrounding Puma/Kinross JV property. Due to positive gold soil anomalies, Lode Gold expanded its land package to 445 km2. Further analysis in drill targeting is in progress. Lode Gold subsidiary, Gold Orogen (Spin Co), holds key assets in Yukon and New Brunswick. In New Brunswick, Acadian Gold, its 50/50 JV company with Fancamp Exploration has two assets: McIntyre Brook and Riley Brook. Exploration Highlights A Heliborne HeliTEM² Survey, by Xcalibur, was flown covering 419 km² of the joint venture land package, utilizing a 150 m line spacing totalling 3,247 line kilometers. The survey collected Magnetic, Radiometric and Electro Magnetic (EM) data. Geophysics, prospecting and trenching at McIntyre Brook confirmed the presence of a gold bearing rhyolite horizon, with preliminary trench results that include 5.3 m of 1.19 g/t Au. This is similar to the geology (rhyolite hosted mineralization) of Puma Exploration's Williams Brook Project under option to Kinross Gold Corp, adjacent to our property. Radiometric and conductive geophysics has revealed geophysical anomalies at both McIntyre Brook and Riley Brook. Drill testing is scheduled to commence after all results from 2024 have been received and the complete 2024 exploration dataset has been analyzed. Prospective areas may require additional ground follow-up, before drilling. Orientation soil geochemical surveys were conducted over three grids covering approximately 10% of the Riley Brook property. They revealed the presence of large soil Au-W-As-Sb geochemical anomalies positioned in the southern part of the property. Based on these results, the joint venture staked an additional 26 km² (new total JV area of 445 km2) at the southwestern edge of the Riley Brook property to cover the potential continuation of the soil geochemical anomaly and coincident conductivity anomaly. Recon soil sampling (only covering 10% of the property) has revealed multiple gold anomalies of similar tenor evidenced at deposits on the Appalachian Gold Belt, such as at Puma Exploration's Williams Brook Property (>20ppb Au in soils). These gold anomalies have coincident Antimony, with +/- Arsenic and Tungsten pathfinder elements. This association of elements are often linked to intrusive-related gold deposits, further work is required to confirm. The anomalies in the southern part of Riley Brook are also coincident with a prominent EM conductor. Based on these results, Gold Orogen staked more ground expanding the Riley Brook property (now totalling 445 km2) to the south to encapsulate the full extent of the anomaly. Future work will consider ground geophysics to cover the gold geochemistry and EM anomaly. Further soil sampling and trenching is planned for spring 2025. New Risk • Jan 16
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 44% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (24% average weekly change). Earnings have declined by 19% per year over the past 5 years. Shareholders have been substantially diluted in the past year (44% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$9.79m market cap, or US$6.84m). Bekanntmachung • Jan 01
Lode Gold Resources Inc. announced that it has received CAD 0.35 million in funding On December 31, 2024, Lode Gold Resources Inc. closed the transaction. The company announced that it has issued 1,944,444 units at CAD 0.18 per unit for proceeds of CAD 349,999.92. Each CAD 0.18 unit shall consist of one common share and one common share purchase warrant. Each warrant shall entitle the holder to purchase one common share at an exercise price of CAD 0.35 per common share for a period of three years following the date of closing. . The closing of the offering is expected to occur one business day following receipt of all required regulatory approvals. Bekanntmachung • Dec 24
Lode Gold Resources Inc. announced that it expects to receive CAD 0.35 million in funding Lode Gold Resources Inc. announced non-brokered private placement on December 23, 2024. The company will issue 1,944,444 units at CAD 0.18 for gross proceeds of CAD 350,000. Each CAD 0.18 unit shall consist of one common share and one common share purchase warrant. Each warrant shall entitle the holder to purchase one common share at an exercise price of CAD 0.35 per common share for a period of three years following the date of closing. The company may accelerate the expiry date if the shares trade at CAD 0.65 or more for a period of 10 days, including days where no trading occurs. The closing of the offering is expected to occur one business day following receipt of all required regulatory approvals. Bekanntmachung • Nov 05
Lode Gold Resources Inc., Annual General Meeting, Dec 06, 2024 Lode Gold Resources Inc., Annual General Meeting, Dec 06, 2024. Bekanntmachung • Oct 18
Lode Gold Resources Inc. Launches Exploration Program in New Brunswick Lode Gold Resources Inc. announced that a Heliborne HeliTEM² Survey over the Riley Brook and McIntyre Brook properties, in northern New Brunswick, has been initiated as part of the recently announced Acadian Gold Joint Venture with Fancamp Exploration Ltd. The properties encompass a combined 419 km2 land package of mineral claims, constituting gold mineralized zones that extend over several kilometres, on trend with Puma Exploration's Williams Brook property. The recent combination of mineral assets between Fancamp and Lode Gold Resources Inc. into a dominant land holding of high-quality, underexplored ground in New Brunswick, was a major development which now aims to be further validated by this high-resolution heliborne electro-magnetic and radiometric survey. This joint initiative with Fancamp occurs in a highly prospective geologic domain for gold and polymetallic discovery, within the Appalachian Gold Corridor that hosts other Au-focused projects such as New Found Gold's Queensway Project and Calibre's Valentine Lake Project. Highlights: Direct Detection Abilities: The HeliTEM² survey effectively identifies electrically conductive sulphide-rich veins and sulphide-rich alteration halos in the area. Target Vectorization: By integrating magnetic and radiometric data, this survey enables the team to accurately map the structures and distinctive alteration halos linked to gold mineralization, such as sericite and K-feldspar. Large and Detailed Survey Area: The survey will cover both properties for a total of 419 km² and consists of 3,163 line-kilometres of data which will be acquired over both properties in a grid pattern with 150-metre spacing between each flight lines. Accelerated Drilling Timeline: By generating fast-tracked targets, this survey significantly reduces exploration timelines, enabling the joint venture to advance towards a drilling phase more efficiently. The helicopter-borne geophysical survey consists of magnetic, electromagnetic and radiometric measurements using the Xcalibur Smart Mapping HeliTEM² system, which has a low noise receiver with a square transmitter waveform to provide rapid current turn-off to enhance sensitivity to near surface features. The survey will guide the Company field efforts in the coming months. Fancamp, as Acadian Gold's operator, has identified several areas of interest based on its internal compilation of geochemical, geophysical and geological data from previous operators. To further investigate these areas, the HeliTEM² survey will provide high-resolution data that accurately directs the Company toward mineralized zones. The high-resolution magnetic survey will be used to improve geological identification of primary and secondary geological structures, which may control different mineralization styles on the properties, and to identify radiometric anomalies, often associated with alteration patterns and felsic rocks, potentially associated with Rocky Mill fault systems. Bekanntmachung • Oct 10
Lode Gold Resources Inc. announced that it has received CAD 0.5 million in funding from Fancamp Exploration Ltd. On October 9, 2024 Lode Gold Resources Inc. closed the transaction. the company has obtained conditional approval from the TSXV. Bekanntmachung • Aug 27
Lode Gold Resources Inc. announced that it expects to receive CAD 0.5 million in funding from Fancamp Exploration Ltd. Lode Gold Resources Inc. entered into a definitive agreement will issue 14,285,714 special warrants at issue price CAD 0.035 per warrant for gross proceeds CAD 499,999.99 on August 27, 2024. The transaction includes participation from new investor, Fancamp Exploration Ltd. The Investment Agreement and the transactions contemplated thereby are subject to TSX Venture Exchange acceptance. Warrant will be exercisable for one Lode Gold Share at a price of $0.05 for a period of five years from the date of issue Bekanntmachung • Jun 08
Lode Gold Resources Inc. Commissions Cutting Edge QMAG Geophysical Survey on Its Golden Culvert and Win RIRGS and Orogenic Gold Projects, Yukon Lode Gold Resources Inc. announced it has commissioned a QMAG geophysical survey (1,151-line kilometres) on its Golden Culvert and Win projects in the Yukon. The QMAG system is to be flown out of Seabridge Gold's 3-Aces camp southwest of Lode Gold's properties. This is a collaborative alliance with other Yukon explorers such as Snowline Gold, Seabridge Gold and Aben Minerals, whereby Lode Gold and the associated companies will save on mobilization/demobilization and resultant cost-effective means of data generation. Magnetic surveys form the backbone of most exploration programs; they in effect measure the amount of iron in rocks and produce a geology map forming the foundation for further exploration. From this information field teams can swiftly zero in towards discovery. This full vector system highlights, and is particularly suited to mapping structure, and subtle contrast between rock types, both important factors for controlling mineralization. The QMAG system is an enhanced helicopter-borne magnetic survey system that measures the magnetic field utilizing a SQUID (superconducting quantum interference device) sensor that measures the complete gradient tensor (second order) of the earth's magnetic field (otherwise known as full tensor magnetic gradiometry - FTMG). The QMAG data is particularly useful for 3-D magnetic modelling and this work may be commissioned over areas of interest once the results have been reviewed. This FTMG measurement provides directional information about the magnetic field, which is not available from total field sensors, which have been the industry standard for many years. The SQUID sensors are developed by Supracon AG of Jena, Germany. Operating within a liquid helium bath, the sensors measure the magnetic field with an order-of-magnitude greater sensitivity. The sensor system is the result of over 20 years of development and testing, flying many successful exploration campaigns. Final data is expected before the end of June and will be used to guide field crews when they are deployed in early July. Bekanntmachung • Jun 01
Lode Gold Resources Inc. announced that it expects to receive CAD 2 million in funding Lode Gold Resources Inc. announced a non-brokered private placement of 28,571,429 hard-dollar units at a price of CAD 0.035 per unit for the gross proceeds of up to CAD 1,000,000.015; and 25,000,000 flow-through units at a price of CAD 0.04 per unit for the gross proceeds of up to CAD 1,000,000; for aggregate gross proceeds of CAD 2,000,000.015 on May 31, 2024. Each hard-dollar unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at CAD 0.05 for a period of two years following the date of closing. Each flow-through unit consists of one common share and one half of one common share purchase warrant. One whole warrant entitles the holder to purchase one additional common share at CAD 0.06 for a period of two years following the date of closing. The company will pay finders' fees to eligible arm’s length persons with respect to subscriptions accepted by the company. Bekanntmachung • Mar 19
Lode Gold Resources Inc. announced that it has received CAD 2.079625 million in funding On March 18, 2024, the company amended terms of the transaction. The company has issued 26,268,868 units at a price of CAD 0.025 per unit for the gross proceeds of up to CAD 656,721.7 in its second tranche closing, bringing total to 83,184,968 units for CAD 2,079,624.20. Finders' fees of CAD 9,800 and 392,000 broker warrants on the same terms were issued to qualified finders. Securities issued pursuant to this final tranche are subject to trading restrictions until July 18, 2024. New Risk • Mar 08
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 56% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Share price has been highly volatile over the past 3 months (52% average weekly change). Earnings have declined by 38% per year over the past 5 years. Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$11.7m market cap, or US$8.72m). Board Change • Mar 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Member of Technical Advisory Board Carlos Saban was the last director to join the board, commencing their role in 2024. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Bekanntmachung • Feb 06
Lode Gold Resources Inc. Appoints Carlos Saban to Its Technical Advisory Board Lode Gold Minerals Corp. announced it has appointed Carlos Saban to its Technical Advisory Board to help advance the Fremont Gold project in California. Carlos Saban is a skilled mining geologist who has a strong understanding of mineralized systems, mine economics and development. He has over a decade of professional geological exploration experience spanning a few continents. He spent his formative years in Peru, where his contributions have been key to understanding deposits and expanding resources, both greenfield and brownfield. Carlos has been involved in the identification, delineation, and modelling of several NI 43-101 compliant multi-million-ounce precious metal projects during his career. He holds a BSc. in Geology from Complutense University of Madrid. Bekanntmachung • Feb 01
Lode Gold Resources Inc. Updates on Its Mcintyre Gold Project in the Under-Explored, World-Class "Appalachian Gold Corridor" Lode Gold Resources Inc. provided an update on its McIntyre Gold project in the under-explored, world-class "Appalachian Gold Corridor". The AGC contains over 20 M ounces of gold resources stretching along a band that parallels the Iapetus Suture, a geological structure that represents the closure of the Iapetus Ocean in the Silurian epoch (420 Ma). This >4,000-km long structure that stretches from South Carolina, through New Brunswick, Nova Scotia and Newfoundland, also continues across the Atlantic through Ireland, Scotland, and Norway. some of the more notable deposits along this trend. Common to these deposits is the relative age, Ordovician-Silurian, and that they are structurally controlled, "Mostly Orogenic type" deposits. The MPM identifies specific zones that exhibit a higher potential for gold mineralization and is designed to target exploration. Critical factors controlling gold mineralization include geological structures, favorable host rock types, geochemical anomalies indicative of gold, and geophysical anomalies suggesting mineralization and/or lithological contrasts that focus gold mineralization. Lode Gold plans to continue this collaboration. A close-spaced airborne magnetic survey coupled with soil sampling and mapping in the eastern part of the property not covered in the current MPM will be the first step. Once these results are received, the MPM will be updated, and at that time, AI and machine learning techniques will be brought into play. Lode Gold acknowledges its neighbour, Puma Exploration, has also undertaken this collaboration and are actively using the results in their exploration efforts, where they have met with exploration success. New Risk • Dec 17
New major risk - Shareholder dilution The company's shareholders have been substantially diluted in the past year. Increase in shares outstanding: 56% This is considered a major risk. Shareholder dilution occurs when there is an increase in the number of shares on issue that is not proportionally distributed between all shareholders. Often due to the company raising equity capital or some options being converted into stock. All else being equal, if there are more shares outstanding then each existing share will be entitled to a lower proportion of the company's total earnings, thus reducing earnings per share (EPS). While dilution might not always result in lower EPS (like if the company is using the capital to fund an EPS accretive acquisition) in a lot cases it does, along with lower dividends per share and less voting power at shareholder meetings. Currently, the following risks have been identified for the company: Major Risks Less than 1 year of cash runway based on free cash flow trend (-CA$1.9m free cash flow). Share price has been highly volatile over the past 3 months (46% average weekly change). Earnings have declined by 38% per year over the past 5 years. Shareholders have been substantially diluted in the past year (56% increase in shares outstanding). Revenue is less than US$1m. Market cap is less than US$10m (CA$8.30m market cap, or US$6.21m). Bekanntmachung • Dec 14
Stratabound Minerals Corp. Confirms New Reduced Intrusion-Related Gold System Discovery on Its Win Gold Project in the Southern Tombstone Gold Belt, Yukon Territory Stratabound Minerals Corp. announced it has confirmed a new Reduced Intrusion-Related Gold System ("RIRGS") discovery on its Win Gold Project in the southern Tombstone Gold Belt, Yukon Territory. The Win Gold project is located 11-km south of other Golden Culvert Tombstone Gold Belt project. This Tombstone Belt is the host of world class discoveries and deposits such as Snowline's Rogue, Rackla's Rak, Victoria Gold's Eagle, Banyan's AurMac, and Fort Knox. Win's vertically dipping sheeted quartz vein array trends directly onto Stratabound's Golden Culvert Main Discovery Zone - and may be genetically related Follow-up work includes surface channel sampling and detailed mapping of the new discovery site locally expanding outwards regionally with airborne geophysical surveys to define known, and identify new, intrusives for ground-truth follow up in anticipation of drilling programs on 2024. Vectoring in on historic signature soil, stream and float rock geochemistry has led to this solid outcrop exposure of RIRGS-type gold-bearing sheeted quartz veins. Board Change • Oct 01
High number of new directors There are 5 new directors who have joined the board in the last 3 years. Director Wendy Chan was the last director to join the board, commencing their role in 2023. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Bekanntmachung • Sep 12
Stratabound Minerals Corp. Appoints Wendy Chan and Martin Stratte to the Board of Directors Stratabound Minerals Corp. announced that Mr. Martin Stratte and Ms. Wendy Chan have been appointed to the board of directors and that Ms. Chan has also been retained as Strategy Advisor. Ms. Chan brings considerable global corporate development and strategy experience she will apply in spearheading a strategic plan to reallocate, showcase, and maximize unlocked value in the Company's five assets. Mr. Stratte has considerable legal and mine permitting experience in California that will be invaluable in the pursuit of mining and related permits at the Company's California Fremont Gold Project. Ms. Chan has over 20 years' experience in developing and executing strategic plans for major companies with global outreach, with a focus on mergers and acquisitions, joint-ventures, and cross-cultural strategic alliances. In the mining space, companies she has worked with include: Zijin Mining, Skeena Resources, Roxgold, Sunridge, Novo Resources, Vendetta, and VR Resources. She has profitably managed businesses with full P&L responsibilities and/or completed key projects ranging from $2-250MM. She has devised strategic plans at Fortune 500 companies and has led negotiations and cross-functional teams in corporate development, marketing, strategic alliances, and product portfolio management. During her time at Moxie Strategy Inc., a management consulting firm that specializes in strategy, business development, and mergers and acquisition, she has led and completed key development projects in Asia, Australia, Africa, North and South America. Ms. Chan holds a BSc. from University of British Columbia and an MBA in Finance from McGill University. She is fluent in Mandarin and Cantonese. Mr. Stratte is a land use and environmental attorney. His practice is focused on the permitting of mines, quarries, and related infrastructure projects. He has successfully permitted projects in jurisdictions throughout the U.S., including California. He currently serves as Assistant General Counsel of Martin Marietta Materials Inc. He also serves as Vice Chair of the California Construction and Industrial Materials Association (CalCIMA) Legal Action Committee. Bekanntmachung • May 13
Stratabound Minerals Corp., Annual General Meeting, Jul 06, 2023 Stratabound Minerals Corp., Annual General Meeting, Jul 06, 2023. Bekanntmachung • Feb 16
Stratabound Minerals Corp. Announce Positive Results from the Independent Preliminary Economic Assessment for 100% Owned Fremont Gold Project Located in the Mother Lode Gold Belt, North Central California Stratabound Minerals Corp. announced positive results from the independent Preliminary Economic Assessment for its 100% owned Fremont Gold Project (the "Project") located in the Mother Lode Gold Belt, north central California. The PEA is preliminary in nature, includes Inferred Mineral Resources that are considered too speculative geologically to have the economic considerations applied to them that would enable them to be categorized as Mineral Reserves, and there is no certainty that the PEA will be realized. Mineral Resources that are not Mineral Reserves do not have demonstrated economic viability. There are no Mineral Reserves contained in the PEA. P&E Mining Consultants Inc. were retained as an independent consultant and Qualified Persons in March 2022 to undertake a Mineral Resource Estimate and PEA on the Fremont Gold Project in accordance with National Instrument 43-101. Kappes, Cassiday & Associates was also engaged for the design and capital and operating costs for the process plant, heap leach facility and project infrastructure. The Fremont Gold Project is 100% owned by Fremont Gold LLC, a wholly owned subsidiary of Stratabound Minerals Corp., and is located in Mariposa County, California approximately 241 km east of San Francisco in the southernmost portion of the prolific California Mother Lode Gold Belt. The Project lies within the Company's wholly owned 3,351-acre (13.56 km2) Fremont Property. The Property includes 100% of the mineral, surface and groundwater rights and features four gold mineralized zones and three former producing gold mines along 4-km of the Mother Lode Gold Belt. The PEA considers two of these zones, the Pine Tree/Josephine Deposit and the Queen Specimen Deposit, along 1.4-km of the 4-km total strike length. California State Highway 49 transects the Property from north to south and a 70 kV power transmission line traverses the Property. The Fremont Gold Project Mineral Resource Estimate was prepared by P&E with an effective date of June 30, 2022 in accordance with the Canadian Institute of Mining, Metallurgy and Petroleum (CIM) Definition Standards on Mineral Resources and Reserves (2014) and Best Practices Guidelines (2019) (see press release of August 18, 2022). Pit-constrained Mineral Resources are reported using a cut-off grade of 0.25 g/t Au for oxide material and 0.45 g/t Au for sulphide material. Out-of-Pit (underground) Mineral Resources are reported using a cut-off grade of 1.45 g/t Au. Underground Mineral Resources have been constrained within potentially mineable long-hole shapes based on block grade and continuity. Historical mining has been depleted from the updated Mineral Resource Estimate by assigning a zero-volume percentage block inclusion for known areas of mining and development. The Fremont Gold Project MRE, including the Pine Tree-Josephine and Queen Specimen Deposits, comprise 1,163,000 ounces of gold in the Indicated classification and 2,024,000 ounces of gold in the Inferred classification. The MRE accounts for an aggregate of only 1.4-km of the entire 4-km Project strike length. Mining will begin with three small oxide starter pits and heap leach in year 1 concurrent with initial Pine Tree-Josephine open pit phase 1. The oxide heap leach pad is planned to be constructed within the tailings facility to minimize Project footprint and use a common liner. The three-phased Pine Tree-Josephine open pit is planned for a production rate of 6,000 tonnes per day to provide low-cost production and generate early cash flow while the construction and development of the underground operation starts in year 2. Upon completion of the Pine Tree-Josephine open pit in year 4, the Queen Specimen open pit is planned to be developed to supplement underground production to feed the process plant at a rate of 750kt per year. The open pits will be backfilled with waste rock after mining is completed. There will be opportunity for progressive reclamation over the life of the mine. The Pine Tree-Josephine underground mine is planned for a production rate of 4,000 tonnes per day. The selected mining method is long-hole open stoping with both longitudinal retreat and transverse mining, depending on the vein thickness. Stopes will be filled with cemented paste backfill. Stope dimensions will average 10 metres in strike length and 30 metres in height, with a minimum thickness of 4 metres. Mineralized material will be extracted using a fleet of 10-tonne load-haul-dump units that will tip material down a broken material pass to a RailveyorTM system on a main haulage level. The RailveyorTM will transport material to the process plant via the portal and up a surface hillside. A total of 6,000 tpd of material will be treated in a process plant that consists of three-stage crushing, followed by a grinding circuit consisting of a primary ball mill. A gravity circuit will recover coarse gold from the plant feed, which then moves on to rougher flotation cells creating a sulphide concentrate containing the gold. The concentrate will be reground and fed to cleaner cells where the clean concentrate and gravity concentrate will be filtered and bagged for shipping to a roaster offsite. For the first year of operation, a heap leach plant will be built to recover the gold in carbon from the heap leach pad that will be constructed in the tailings facility to minimize footprint and maximize use of liner construction. The process plant is followed by a tailings filtration plant with a filter press to produce paste backfill to send underground and/or to produce dry stack tailings for surface storage. The flotation plant gold recovery is estimated to average 92% gold to concentrate. At the roaster, 82% of the gold contained in concentrate is payable, including processing charges. Bekanntmachung • Jan 25
Stratabound Minerals Corp. announced that it has received CAD 1.655 million in funding from Coast Capital Management, LP On January 23, 2023, Stratabound Minerals Corp. closed the transaction. The company amended the deal terms and issued 2,000,000 units at a price of CAD 0.05 for the gross proceeds of CAD 100,000 in its final tranche by bringing the total gross proceeds of CAD 1,655,000.
The TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from six placees and 3 existing insiders for 30.4 million units. Bekanntmachung • Dec 15
Stratabound Minerals Corp. announced that it expects to receive CAD 2 million in funding Stratabound Minerals Corp. announced a non-brokered private placement of 40,000,000 units at an issue price of CAD 0.05 per unit for the gross proceeds of up to CAD 2,000,000 on December 14, 2022. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at CAD 0.07 for a period of two years from the date of closing. The warrant also contains an acceleration clause wherein if the common shares trade at CAD 0.20 for 10 consecutive trading days, the company has the right to accelerate the expiration date upon 30 days notice to the holders. Board Change • Nov 16
High number of new and inexperienced directors There are 6 new directors who have joined the board in the last 3 years. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. President, CEO & Director Robert Tyler is the most experienced director on the board, commencing their role in 2017. The following issues are considered to be risks according to the Simply Wall St Risk Model: Lack of board continuity. Lack of experienced directors. Bekanntmachung • Oct 21
Stratabound Minerals Corp. Provides an Update on Exploration Activities and Results Received to Date on Its Mcintyre Brook Gold Project Stratabound Minerals Corp. provided an update on exploration activities and results received to date on its McIntyre Brook Gold Project located on strike of, and adjacent to, Puma Exploration's Williams Brook-O'Neil high-grade gold trend and adjacent to Gold Terra Resources Corp.'s newly acquired Mulligan property featuring recently released trench results including 3.48 g/t gold over 16 metres, in the evolving new Triple Fault gold district in northern New Brunswick. The company also reports progress on its Golden Culvert, Yukon Territory Gold Project, an updated NI 43-101 Mineral Resource Estimate on its Dingman Gold Project, Ontario and announces it has issued stock options to its board members and management. Soil sampling is now 100% complete over the entire project; however, assay results are only complete on the western half of the project with assays pending for soil samples collected on the remaining eastern half this 2022 season. The 2,862 soil samples collected in 2021 were taken preferentially from the B-horizon with an auger at 50-metre spacing along lines spaced 200 metres apart. Additionally, 462 outcrop, subcrop and float follow-up rock samples were collected on previously identified gold and copper anomalies and trends. Of special new interest is the Moose Brook Zone which features five selected follow-up grab samples of subcrop and float up to 19.85 g/t gold and 4.43% (44,300 ppm) copper with associated anomalous cobalt, zinc, lead and silver values lying within a new 1 km by 350 m wide >30 ppm copper soil anomaly. Alteration assemblages associated with significant mineralization include various degrees of silicification, hematization and potassic alteration. Bekanntmachung • Aug 19
Stratabound Minerals Corp. Announces Release of Its Updated Ni 43-101 Mineral Resource Estimate Stratabound Minerals Corp. announced the release of its updated NI 43-101 Mineral Resource Estimate (the "updated MRE") for its wholly owned Fremont Gold Project in California's Mother Lode Gold Belt resulting in increases in both Indicated and Inferred Mineral Resource classifications. The updated MRE replaces the Company's previous mineral resource estimate dated Sept. 30, 2021 (the "previous estimate") which extended along 960 metres of strike, 350 metres below surface and included only the Pine Tree/Josephine open pit component. The updated MRE now extends along 1,400 metres of combined strike length and up to 600 metres below surface as it additionally includes the satellite Queen Specimen open pit plus the Pine Tree/Josephine underground components. Historical mining commencing in 1849 subsequent to the California Gold Rush at the Pine Tree/Josephine underground mines extended across 800 metres of strike, 600 metres vertical depth and produced 126 k oz of gold in 540 k tons, (8.0 g/t gold) at the historical gold price of USD 35 per ounce before closing in 1944. The updated MRE is based on 33,982 metres of drilling, 518 metres of trench sampling, and 5,760 metres of underground channel sampling. The advancement of the Fremont Gold Project includes ongoing technical studies and economic analyses for a Preliminary Economic Assessment ("PEA"), mine permitting, and engagement with the community and all stakeholders. The PEA will provide an evaluation of preliminary Project components and alternatives, including an economic analysis of the potential viability of the updated Mineral Resource Estimate. The ongoing studies that lead to Stratabound's PEA will evaluate various mining scenarios that will consider the environmental and socioeconomic impact of the Project for all stakeholders. The PEA will allow Stratabound to explore and reveal the potential of this Project. The Company continues to work with its environmental consultants to develop a plan for permitting the Project. The Company reports that its baseline environmental program is progressing including biological studies, surface water and monitoring groundwater wells for routine sampling. Other planned evaluations for the permitting strategy will necessarily consider mine design, processing, and reclamation plan development. Bekanntmachung • Aug 13
Stratabound Minerals Corp. Reports on Exploration Progress on Golden Culvert and Win Gold Projects Stratabound Minerals Corp. announce its summer field exploration program has concluded and results are pending on its Golden Culvert and nearby new Win gold projects located in the southeast Yukon within 20 km of Seabridge Gold's high-grade 3 Aces gold project. TheCompany is also pleased to report it has received the maximum $50,000 grant allowed under the Yukon Mineral Exploration Program (YMEP) towards funding the Golden Culvert 2022 program. A 6-person field crew was deployed to ground check multiple new gold-in-soil anomalies derived from soil sampling programs discovered during the 2021 field season. Three significant new gold-in-soil anomalies yielding results continuously above 20 to 1,050 parts per billion (ppb) gold average over a kilometre in strike length and between 50 and 350 metres in width. The new anomalies demonstrate a strong periodicity occurring at approximate 2-km intervals along some 14 kilometres of strike north of, and including, the Golden Culvert Main Discovery Zone. Numerous additional smaller and discontinuous anomalies between 20 ppb and 190 ppb gold were also identified along a strike corridor of previously identified gold-mineralized trends. Bekanntmachung • Jun 17
Stratabound Minerals Corp. Appoints Keith Boyle as Fremont Gold Project Director Stratabound Minerals Corp. announced that it has appointed Keith Boyle, P.Eng., MBA as Fremont Gold Project Director effective immediately. Mr. Boyle is a mining engineer with over 37 years of international mining experience including 14 years as a Chief Operating Officer for junior mining companies where he has successfully led these organizations through the stages of feasibility, mine development, and successful operations while increasing and upgrading mineral resources, optimizing efficiencies, and increasing net present value. In his early career, Mr. Boyle held progressive positions with Cominco Ltd. (now Teck), Aur Resources Inc., Placer Dome Ltd., Inco Ltd., and Dynatec Corp., before assuming his senior executive positions. Mr. Boyle's specific focus will be on bringing the Company's advanced-stage Fremont Gold Project through to production. Bekanntmachung • Jun 10
Stratabound Commences Exploration At Mcintyre Brook in Emerging Triple Fault Gold District, Receives Approval of New Brunswick Funding Grant Stratabound Minerals Corp. announced it has commenced the 2022 field program at its McIntyre Brook Gold Project located adjacent to Puma Exploration Inc.'s Williams Brook high-grade gold project in northern New Brunswick. Both projects lie in the Triple Fault Gold Belt, the newest emergent Maritime gold district, that lies within the Iapetus Suture Zone, an intercontinental geological feature, that also encompasses New Found Gold's Queensway and Marathon Gold'sValentine Lake projects, amongst others in Newfoundland and Nova Scotia, as well as Dalradian Gold's high-grade Curraghinalt gold mine in Ireland.The Company is also to announce it has received approval for an exploration funding grant of up to CAD 30,000 from the New Brunswick Junior Mining Assistance Program (NBJMAP) to be applied towards this season's expenditures on McIntyre Brook. The 2022 program has commenced with a first-phase ground-based geological investigation of anomalous gold-in-soil trends identified in the 2021 exploration program with the objective of target determination for follow-up trenching and drilling later in the year. The Company recently more than doubled its land position to 119.6 km2 and completed the consolidation of 17 km of prospective strike in the Triple Fault Gold Belt between Puma Exploration's Williams Brook to the west and Portage Brook/Jonpol gold properties to the east. The 37 km-long Triple Fault Gold Belt features numerous new high-grade gold showings including Puma's O'Neil and Lynx gold zones with trench and outcrop values up to 371 g/t Au, 128 g/t Au; and drill results up to 5.50 g/t Au over50.15m recently reported in Puma's first ever drill program. . Stratabound's McIntyre Zone at the centre of the Belt features 40 grab sample values between 0.20 and 41.56 g/t Au collected from bedrock exposed in trenches along 300 metres of strike length,. In March, 2022 Canadian Metals Inc., reported a new discovery of 30 grab samples up to 455.0 g/t Au, 85.6 g/t Au 76.9 g/t Au, 63.6 g/t Au, 36.9 g/t Au, 15.4 g/t Au, and 14.8 g/t Au at its new LG Discovery Zone on its Goldstrike Property about 45 km east of McIntyre Brook on a splay off the same Rocky Brook Fault that transects the Triple Fault Belt, . Canadian Metals reports that the gold is hosted mostly in the sediment/rhyolite contact as occurs most elsewhere in the Belt. Board Change • Apr 27
Less than half of directors are independent There are 6 new directors who have joined the board in the last 3 years. Of these new board members, 3 were independent directors. The company's board is composed of: 6 new directors. 1 experienced director. No highly experienced directors. 3 independent directors (4 non-independent directors). President, CEO & Director Robert Tyler is the most experienced director on the board, commencing their role in 2017. Independent Director Chad Tappendorf was the last independent director to join the board, commencing their role in 2020. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of board continuity. Lack of experienced directors. Bekanntmachung • Apr 15
Stratabound Minerals Corp. (TSXV:SB) signed a sale agreement to acquire Ramsay Gold Claims from Slam Exploration Ltd. (TSXV:SXL) for CAD 0.1 million. Stratabound Minerals Corp. (TSXV:SB) signed a sale agreement to acquire Ramsay Gold Claims from Slam Exploration Ltd. (TSXV:SXL) for CAD 0.1 million on April 14, 2022. The Ramsay mineral claims are comprised of 122 claim units covering 2653 hectares of prospective land adjacent to Stratabound’s McIntyre Brook gold project. In return for a 100% interest in the Ramsay mineral claims, Stratabound will make the following payments to SLAM: (a) CAD 40,000 cash and issue 700,000 shares of Stratabound upon signing of the Agreement; (b) CAD 80,000 cash on or before the first anniversary of the Agreement date; (c) CAD 100,000 cash on or before the second anniversary of the Agreement date; (d) CAD 120,000 cash on or before the third anniversary of the Agreement date; and (e) CAD 130,000 cash on or before the fourth anniversary of the Agreement date. SLAM is to receive the following conditional payments: (a) CAD 25,000 cash due upon a Positive Preliminary Economic Assessment; (b) CAD 50,000 cash due upon a Positive Feasibility Study; and (c) CAD 100,000 one-time cash payment due upon reaching Commercial Production.
The Agreement is subject to TSX Venture Exchange approval as it pertains to share issuance. The Agreement defines the Ramsay claims as 2 properties A and B. SLAM retains a 2% net smelter return (“NSR”) royalty on any saleable production from Property A. Property A consists of 5 claims comprising 110 claim units covering 2392 hectares that SLAM acquired by staking. Fifty percent of the NSR royalty (i.e.,1%) may be purchased by Stratabound for CAD 1,000,000. Stratabound retains a right of first refusal on the remaining 1% NSR royalty that is held by SLAM. Property B consists of 2 claims comprising 12 units that SLAM acquired through an “Underlying Agreement” with a third party. SLAM will retain a 1% net smelter return (“NSR”) royalty on any saleable production from Property B. Fifty percent of the NSR royalty (i.e., 0.50%) on Property B may be purchased by Stratabound for CAD 500,000. Stratabound retains a right of first refusal on the remaining 0.50% NSR royalty that is held by SLAM. Stratabound will respect the terms and assume the NSR commitment of the Underlying Agreement on Property B. The Agreement and related share issuances and cash payment by Stratabound to the Company remain subject to receipt of TSX-V approval. Bekanntmachung • Feb 24
Stratabound Minerals Corp. Reports Large Gold-In-Soil Anomaly Extending Across the Entire 4-Kilometre Property Length Averaging 285 Metres in Width At Its Fremont Gold Project Located in the Prolific Mother Lode Gold Belt of Central California Stratabound Minerals Corp. reported a large gold-in-soil anomaly extending across the entire 4-kilometre property length averaging 285 metres in width at its Fremont Gold Project located in the prolific Mother Lode Gold Belt of central California. Offset by an interpreted fault, the property-wide soil geochemical survey defines nearly continuous gold-in-soil mineralization of greater than 30 ppb (parts per billion) up to 112,491 ppb gold, (112.5 g/t or 3.281 ounces per ton) covering an area of 1.14 km2 or 282 acres. Excluding the highest value, the remaining 102 samples within the anomaly range up to 5,210 ppb and average 412 ppb gold, a multiple of 61.5 times above the average background value of 6.7 ppb gold outside the anomaly. The excluded high value is located within 15 meters of the historically mined high-grade Josephine Lode Gold Vein where it outcrops at surface and may be reflective of mineralization related to it. The surface gold-in-soil anomaly encompasses, and now links, three historic producing gold deposits, the Pine Tree, Josephine and Queen Specimen mines plus the two more recently identified and undeveloped Crown Point and Chicken Gulch gold zones. Though all zones are hosted within the same continuous geological domains featuring similar drilled gold mineralization, the individual deposits and zones previously remained materially unconnected for the lack of intervening assay information prior to this soil geochemical survey. NI 43-101 Mineral Resource Defined Across Only 1 km at Centre of Anomaly Most significantly, the 4-km soil anomaly is centred atop the Pine Tree-Josephine ("PTJ") Deposit which hosts a current NI 43-101 Mineral Resource Estimate1) ("MRE") of 526,000 ounces at an average grade of 1.60 g/t Au in the Indicated, plus 452,000 ounces at an average grade of 1.29 g/t Au in the Inferred MRE categories, respectively. The current MRE covers a strike length of only one km and extends approximately 300 metres below average surface elevation. Even so, the historic Pine Tree and Josephine Mines within the MRE were historically mined beyond that depth to 590 metres below average surface elevation producing 126,000 ounces of gold at an average grade of 8 g/t gold, (0.266 ounces of gold per ton) between 1849 and 1942 before WWII forced legislated closure of all gold mining in the United States at a then gold price of USD 35 per ounce. High-grade >200ppb Gold Core within Oxide Cap Zone A high-grade, greater than 200 ppb gold-in-soil core within the larger anomaly defined by 31 soil samples averaging 1,097 ppb gold (1.097 g/t gold) excluding the high value sample, lies also in an oxidized surface cap zone. In 2014 Inspectorate Metallurgical Division of Bureau Veritas Commodities Canada Ltd. completed bottle-roll metallurgical testing on oxide samples from the Pine Tree-Josephine deposit that concluded 93% gold recoveries could be attained in a 10-day period. Field Procedures: The soil geochemistry survey covered the entire Fremont Property with 1,364 samples including 51 field duplicate samples collected on a 100m-by-100m grid. The soil samples were collected in canvas sacks by qualified independent contract exploration personnel with UTM grid coordinates provided to them. Garmin etrex 20 GPS units were used to locate and record actual sample sites. The survey was conducted between 2016-2017 but results were never previously compiled nor reported. Board Change • Nov 02
High number of new directors There are 6 new directors who have joined the board in the last 3 years. Director Scott Rasenberg was the last director to join the board, commencing their role in 2021. The company’s lack of board continuity is considered a risk according to the Simply Wall St Risk Model. Bekanntmachung • Aug 17
Stratabound Minerals Corp. (TSXV:SB) completed the acquisition of California Gold Mining Inc. (CNSX:CGM) from R.W. Tomlinson Limited, Romspen Investment Corporation and others . Stratabound Minerals Corp. (TSXV:SB) entered into a definitive arrangement to acquire California Gold Mining Inc. (CNSX:CGM) from R.W. Tomlinson Limited, Romspen Investment Corporation and others for CAD 12.4 million on April 20, 2021. California Gold shareholders will receive one Stratabound common share for each California Gold share. Upon the close of the transaction, the California Gold Shares will be delisted from the CSE. In case of termination of the transaction under certain circumstances, each party is required to pay CAD 400,000 as termination fee.
Patrick Cronin and Vishal Gupta resigned from the board of directors of California Gold. Immediately after the close of the transaciton, the Stratabound Board will be comprised of 7 directors, consisting of: (i) five members of the current Stratabound Board; and (ii) two persons nominated by California Gold. The transaction is subject to the approval of the Ontario Superior Court of Justice (Commercial List), approval by California Gold shareholders, California Gold Dissent Rights shall have not been exercised with respect to more than 10% of the issued and outstanding California Gold Shares and receipt of all necessary regulatory and stock exchange approvals. The California Gold shareholder meeting is expected to be held in June 2021. No shareholder vote is required by Stratabound shareholders. California Gold board and Stratabound board have unanimously approved the transaction. Romspen Investment Corporation and R.W. Tomlinson Ltd. have entered into customary support agreements with Stratabound to vote their shares (representing approximately 15.3% of the currently outstanding California common shares) in favour of the transaction. As of April 28, 2021, the California Gold Special Committee has unanimously determined that the Arrangement is in the best interests of California Gold and has recommended to the
California Gold Board that the California Gold Board recommend that the California Gold Shareholders vote in favour of the Arrangement Resolution. The Court signed the Interim Order on May 17, 2021, and, subject to the approval of the Arrangement by the Shareholders, a hearing for a Final Order approving the Arrangement is currently scheduled to take place on June 17, 2021. As of June 30, 2021, the shareholders of California Gold have approved the transaction. It is expected that California Gold will apply for a final order of the Ontario Superior Court of Justice (Commercial List) for approval of the Arrangement on July 5, 2021. As of July 5, 2021, final court approval was received. The transaction is expected to close in July 2021.
Red Cloud Securities Inc. and INFOR Financial Inc. are acting as the financial advisors to California Gold in connection with the transaction. The fairness opinion to California Gold was prepared by INFOR Financial Inc. INFOR will receive a CAD 125,000 fee from California Gold for the delivery of the Fairness Opinion. Geoffrey Gilbert of Norton Rose Fulbright Canada LLP is acting as legal counsel to California Gold and D. Richard Skeith of Dentons Canada LLP is acting as legal counsel to Stratabound in connection with the transaction. TSX Trust Company acted as Depository, registrar and transfer agent for California Gold while Computershare Investor Services Inc. acted as registrar and transfer agent for Stratabound Minerals.
Stratabound Minerals Corp. (TSXV:SB) completed the acquisition of California Gold Mining Inc. (CNSX:CGM) from R.W. Tomlinson Limited, Romspen Investment Corporation and others on August 16, 2021. The California Gold Shares are expected to be de-listed from the CSE after the close of trading on or about August 16, 2021 Bekanntmachung • Jul 15
Stratabound Minerals Corp Commences Field Operations at its Golden Culvert Project in the Southeast Yukon Territory Stratabound Minerals Corp. announced that field operations have commenced at its Golden Culvert Project in the southeast Yukon Territory. Crews have deployed on soil sampling programs on the northern Rubus and Little Hyland claim portions of the encompassing Golden Culvert Project totalling approximately 1,850 samples over 92.5 line-kilometres as well as stream sediment and ridge-and-spur reconnaissance sampling programs on the newly acquired Win Property to the south. The soil sampling program will complete 100% coverage in these untested areas for which past soil sampling has projected open-ended anomalous gold trends. The Company is also completing a detail-scale unmanned aerial vehicle (UAV) magnetic geophysical survey over the Golden Culvert Main Zone. The Golden Culvert Main Zone, yielding surface float-train samples reported as high as 320 g/t gold and trenching values up to 95.0 g/t gold over 1.5m, lies within a 3km by 250m wide gold-in-soil anomaly similar to those surrounding Seabridge Gold's nearby high-grade 3 Aces gold project featuring a 5,401 g/t Au surface sample discovered in 2003 and many other discoveries in the White Gold District in the western Yukon to name only a few examples. The Company hopes to discover more high-potential exploration targets for follow-up. The Company is also pleased to confirm that it has received final court approval for the plan of arrangement to acquire all of the issued and outstanding common shares of California Gold Mining Inc. by way of a court-approved plan of arrangement under the Business Corporations Act (Ontario) (the "Arrangement") on July 5, 2021. The transaction file is now in the final stages of review and approval by the TSX Venture Exchange. Bekanntmachung • Jul 01
Stratabound Minerals Corp Commences 2021 Exploration Campaign at its Mcintyre Brook Gold Project Stratabound Minerals Corp. reported it has commenced its 2021 exploration campaign at its McIntyre Brook Gold Project supported by a $30,000 mineral exploration grant awarded through the New Brunswick Junior Mining Assistance Program. The exploration work expands upon the 2,460-sample soil geochemistry program completed in 2020 along 12 km of strike which revealed multiple broad, linear and parallel soil geochemistry anomalies. Both gold and copper trends align with past significant gold and copper-mineralized showings including the McIntyre Brook Zone which features 40 significant gold values between 0.20 and 41.56 g/t Au collected from bedrock exposed in trenches along 300m of strike. The mineralization is hosted in brittle- fractured rhyolite units in contact with regional sediments. In addition to the known McIntyre Brook trend identified in past limited work, a new parallel trend is now interpreted to lie about 1km to the south. The 2021 planned program is detailed in Figure 1 below. Follow-up work this season includes closer-spaced sampling at 25m intervals, prospecting, geological mapping and trenching on selected anomalies, as well as first-pass soil sampling of the 31.25 km2 of additional property recently acquired through option agreements and reported on November 10, 2020. The Company is also very pleased to read the reports of recent new discoveries of visible gold in quartz veins at surface associated with base metal sulphides on the neighbouring Williams Brook Gold Project operated by Puma Exploration Inc. ("Puma"). Numerous gold zones have been discovered by Puma through trenching and surface sampling including the Lynx Gold Zone with reported selected grab samples yielding up to 241.0 g/t Au, 79.8 g/t Au and 74.2 g/t Au, (Puma Exploration Inc. press release, March 3, 2021). These zones, as well as the geophysical trends identified in recent airborne work recently reported by Puma, extend directly onto Stratabound ground. Puma further reports that gold mineralization is observed in brecciated quartz veins at the contact between the sediments and the altered rhyolite. This is the similar case of occurrence at Stratabound's McIntyre Brook Zone. (Selected rock grab samples are selective by nature and may not represent the true grade or style of mineralization across the property.). Bekanntmachung • Jun 01
Stratabound Minerals Corp. Report Assay Results Received from Its 2020 Soil Sampling Program on the Mcintyre Brook Group of Claims in an Evolving New Gold District in Northern New Brunswick Stratabound Minerals Corp. reported assay results received from its 2020 soil sampling program on the McIntyre Brook group of claims in an evolving new gold district in
northern New Brunswick. The results revealed multiple broad and linear soil geochemistry anomalies greater than 15 ppm copper that trend parallel to the regional McIntyre Brook and Ramsey Brook fault structures along 12 km of strike. Anomalous, but less ubiquitous, gold-in-soil values occur both within, parallel to and on-trend with the copper mineralization. Both the gold and copper trends align with past significant gold and copper mineralized showings including the Main McIntyre Brook Discovery. This Discovery features 40 significant gold values between 0.20 and 41.56 g/t Au collected from bedrock exposed in trenches along 300m of strike hosted in brittle-fractured rhyolite units. This coarser gridded first-pass soil sampling was performed on 200m cross lines at 50m sample intervals. The interpretation at this time is for narrow but long-striking targets requiring finer detailed work for better definition. It requires stating that assay labs report being overwhelmed in recent months and the Company, no less
than its peers, has had to wait an extraordinarily long period to receive these assay results. Follow-up work about to commence shortly includes finer-spaced sampling at 25m intervals, prospecting, geological mapping and trenching on selected anomalies, as well as first-pass soil sampling of the 31.25 km2 of additional property recently acquired through option agreements and reported in November 2020. Bekanntmachung • Mar 19
Stratabound Minerals Corp. to Report Assay Results on the Final Three Drill Holes Completed on Its Captain Copper/Cobalt/Gold/Silver Deposit, in the Bathurst District, New Brunswick Stratabound Minerals Corp. to report assay results on the final three drill holes completed on its Captain Copper/Cobalt/Gold/Silver Deposit, in the Bathurst District, New Brunswick. A total of 15 tightly spaced and shallow diamond drill holes were completed in late 2020 for the purpose of defining the near-surface potential for a small-scale direct-shipping mining project. Twelve of the fifteen holes completed, including the three reported intercepted significant copper- cobalt-gold-silver mineralization within 6-9m of surface at the bedrock interface, across an average 9.6m true width and along approximately 120m of strike length. The Captain Deposit is open at depth below the deepest intersection to date at 360m vertical depth of 5.46% Cu, 0.093% Co, 0.30 g/t Au and 30.5 g/t Ag for a 12.20% CuEq over 2m down-hole in hole CP-09-23. Bekanntmachung • Mar 11
Stratabound Minerals Corp. Receives Assay Results on Five More Drill Holes Completed on Its Captain Copper/Cobalt/Gold/Silver Deposit Stratabound Minerals Corp. reported it has received assay results on five more drill holes completed on its Captain Copper/Cobalt/Gold/Silver Deposit in addition to the six new holes reported previously on February 25, 2021. One hole was drilled beyond the strike extent of mineralization and was not sampled. Drill holes CP-20- 40 and CP-20-47 which intercepted 2.67% CuEq over 8.0m true width and 3.33% CuEq over 4.8m true width respectively occur approximately 110m directly up-dip of historic hole CP-08-13 which intercepted 5.53% CuEq over 7.3m true width. Drill holes CP-20-45 and CP-20-46 were drilled on approximate 45m projected extensions of past drill results at opposite ends of known strike limits. Neither of the holes intercepted significant mineralization. The Captain Deposit is open at depth below the deepest intersection to date at 360m vertical depth of 5.46% Cu, 0.093% Co, 0.30 g/t Au and 30.5 g/t Ag for a 12.20% CuEq over 2m down-hole in hole CP-09-23. As noted in the previous press release, the Company is investigating the opportunity for a small-scale, high-grade, direct-shipping mining project to generate near-term cash-flow. The Captain Deposit is strategically located 100km by road to the deep-water port of Belledune near Bathurst, New Brunswick and 40km by road to the nearest railroad. Bekanntmachung • Mar 06
Stratabound Reports More Drill Results on Golden Culvert, Yukon Territory Stratabound Minerals Corp. reported more assay results on diamond drilling completed at its Golden Culvert Project in the southeastern Yukon Territory. Two holes reported in this release, GC20-07 and GC20-08, are 30m extension step-out holes testing the northwest strike and dip extent of multiple parallel mineralized zones identified through drilling, trenching and surface float-train sampling performed in previous work programs. GC20-08 yielded the best result of 3.95 g/t Au over 0.9m down-hole. Holes GC20-09 and GC20-09B are on similarly designed step-out to test the extension of the southeast strike and dip of previously identified mineralized zones. GC20-10 is a definition in-fill hole that intercepted four separate gold-mineralized structures yielding up to 5.8 g/t Au over 0.7m between previously released holes GC18-06 and GC18-02 which yielded 12.98 g/t Au over 2.0m within a lower-grade section of 1.14 g/t Au over 7.5m, and 6.06 g/t Au over 1.9m within a lower-grade section of 1.76 g/t Au over 7.6m respectively. Hole GC20-10 continues to confirm continuity of higher-grade gold mineralization within broader haloes of lower-grade mineralization extending into the surrounding wall-rock of these four parallel structures. Drill hole GC20-02 reported in the previous press release of January 12, 2021 intercepted the deepest intersection to date of 4.83 g/t Au over 1.5m at approximately 225m below surface between 292.5m and 294.0m down-hole. To date, a total of 19 diamond drill holes out of 25 drilled have now received assays. The finalized holes, together with 24 surface trenches reported in previous exploration programs, have intersected and outlined a 970-metre-long by 130-metre-wide mineralized corridor containing multiple parallel gold-bearing structures. Bekanntmachung • Feb 26
Stratabound Minerals Corp. Reports Initial Assay Results for the First Six of Fifteen Drill Holes Completed on Its 100% Owned Captain Copper/Cobalt/Gold/Silver Deposit Located Along the "Brunswick Horizon" Stratabound Minerals Corp. reports initial assay results for the first six of fifteen drill holes completed on its 100% owned Captain copper/cobalt/gold/silver Deposit located along the "Brunswick Horizon", within a 20km radius and the same stratigraphic contact that hosts the world- class Glencore Brunswick No.12 and No.6 mines with past production totaling an aggregate 149.4 million tons of 8.72% zinc, 3.3% lead, 0.35% copper and 99 g/t silver, The Captain Deposit is also strategically located 100km by road access south of the deep-water port of Belledune near Bathurst, New Brunswick. 1,100 metres of drilling were completed on December 3, 2020. Assay results are only now being received due to heavy back-logs in commercial assay labs. The Captain Deposit hosts an NI 43-101 Measured and Indicated Resource totaling 448,000 tonnes averaging 1.75% Cu, 0.046% Co, and 0.30
g/t Au for a 2.2% CuEq% (1), plus an inferred resource of 162,000 tonnes averaging 1.47% Cu, 0.04% Co and 0.24 g/t Au for a 1.87% CuEq% (1), ("Technical Report on an Updated Mineral Resource Estimate, Stratabound Minerals Corp. Captain Cu-Co Deposit"; Mercator Geological Services Limited, Dec. 8, 2010). Drilling on the Captain Deposit now totals 10,452m over 53 holes across 120m of strike and is open beyond the deepest intersection to date at 359m yielding 1.12% Cu over a down-hole length of 19.5m including a 2m interval of 5.46% Cu, 0.093% Co, 0.30 g/t Au and 30.5 g/t Ag in hole CP-09-23. The drill holes reported on were designed to confirm near-surface grade. Bekanntmachung • Feb 03
Stratabound Minerals Corp. Reports Latest Drill Results on Golden Culvert, Yukon Territory Stratabound Minerals Corp. reported it has received complete assay results for the first six of seventeen drill holes completed on the Phase 2 diamond drilling program concluded late last fall at its flagship Golden Culvert Project in the southeastern Yukon Territory. Four of the five holes in this release, GC20-02, GC20-03, GC20-05 and GC20-06 were drilled to extend 200m to the northwest beyond the 430 metres of strike drilled previously while GC20-04 was drilled to extend a further 170 metres to the southeast. All holes intersected gold mineralization hosted in multiple quartz vein and breccia structures. Eight diamond drill holes totaling 1,370 metres and 24 surface trenches reported in previous exploration programs have intersected and outlined a 970-metre-long by 130-metre-wide mineralized corridor containing multiple parallel gold-bearing structures. Quality Assurance/Quality Control: The samples referenced in this press release were collected and hand-delivered by Stratabound personnel to the ALS Canada laboratory in Whitehorse, YT where they were crushed to 70% less than 2mm. A riffle split of 250 grams was then taken and pulverized to an 85% passing 75 microns pulp sub- sample. The pulps were then shipped by ALS Canada to its Vancouver laboratory for gold and multi- element analyses. The ME-AA26 gold assaying procedure used is a standard fire assay with AA finish technique on a 50-gram sub-sample taken from the 250-gram pulp split. Samples that exceeded the 100 g/t Au upper detection limit of this method were re-assayed by the Au-GRA22 Ore Grade procedure, with a 50-gram pulp fire assay and gravimetric finish. The samples were also tested for 51 other elements using the ME-MS41 Ultra Trace Aqua Regia ICP- MS method. ALS uses a procedure of standards, blanks and duplicates inserted into the sample stream results for which all fell within satisfactory confidence limits. ALS is an independent internationally recognized and ISO/IEC 17025:2017 accredited chemical analysis company. In addition to the quality assurance and quality control program performed by ALS, Stratabound personnel insert lab-certified standards and field blanks into the sample stream at the rate of one QA/QC sample for every 15 samples and maintain a program of duplicate sampling. Bekanntmachung • Jan 13
Stratabound Reports 10.31 G/T Gold over 1.6M with Visible Gold at Golden Culvert, Yukon Territory Stratabound Minerals Corp. reported first assay results received from its Phase 2 diamond drilling program concluded late last fall at its Golden Culvert Project in the southeastern Yukon Territory. Drill hole GC20-01 intercepted 10.31 g/t gold over 1.6 metres between 101.5 to 103.1m down the hole at approximately 90 metres below surface. GC20-01 is a 75-metre step-out to the north of the previously northernmost drill hole GC18-06 which intercepted 1.14 g/t gold over 7.5m including 3.86 g/t gold across 1.5m of the Main Vein and 6.02 g/t gold over 4.5m including visible gold across the West Vein. It is also located approximately 45m north of surface trench TR1801 which yielded 1.49 g/t gold over 10.0m including 6.11 g/t gold across 1.5m of the Main Vein and 60m north of surface trench TR1902 which yielded 3.63 g/t gold over 9.0m including 19.15 g/t gold also across the Main Vein. As has occurred in every other mineralized intercept encountered, the high-grade quartz and breccia structures intercepted in GC20-01 are flanked by lower grade gold-mineralized wall-rock averaging 2.47 g/t gold over 7.5m inclusive across the Main Vein and 0.64 g/t gold over 18.0m inclusive across the West Vein structures. The samples were collected and hand-delivered by Stratabound personnel to the ALS Canada laboratory in Whitehorse, YT where they were crushed to 70% less than 2mm. A riffle split of 250 grams was then taken and pulverized to an 85% passing 75 microns pulp sub- sample. The pulps were then shipped by ALS Canada to its Vancouver laboratory for gold and multi- element analyses. The ME-AA26 gold assaying procedure used is a standard fire assay with AA finish technique on a 50-gram sub-sample taken from the 250-gram pulp split. Samples that exceeded the 100 g/t Au upper detection limit of this method were re-assayed by the Au-GRA22 Ore Grade procedure, with a 50-gram pulp fire assay and gravimetric finish. The samples were also tested for 51 other elements using the ME-MS41 Ultra Trace Aqua Regia ICP-MS method. ALS uses a procedure of standards, blanks and duplicates inserted into the sample stream results for which all fell within satisfactory confidence limits. ALS is an independent internationally recognized and ISO/IEC 17025:2017 accredited chemical analysis company. Bekanntmachung • Dec 25
Stratabound Minerals Corp. announced that it has received CAD 2.056972 million in funding On December 23, 2020, Stratabound Minerals Corp. (TSXV:SB) closed the transaction. The company issued 6,635,393 units for the gross proceeds of CAD 2056971.83. Bekanntmachung • Dec 16
Stratabound Minerals Corp. Announces Hashim Ahmed as Chairman of the Board Stratabound Minerals Corp. announced the appointment of Mr. Hashim Ahmed as Chairman of the Board. Mr. Ahmed has been a Director of Stratabound since December 17, 2019. Mr. Terrence Byberg has stepped down as Interim Chairman to focus on the growing demands in his continuing role as Stratabound's Executive Vice President, a position he has held since October 2017, as the Company's plans have also considerably continued to grow and develop. Bekanntmachung • Dec 15
Stratabound Minerals Corp. announced that it expects to receive CAD 2 million in funding Stratabound Minerals Corp. (TSXV:SB) announced a non-brokered private placement of up to 6,451,613 units at CAD 0.31 per unit for aggregate gross proceeds of CAD 2,000,000 on December 14, 2020. Each unit consists of one common share and one third of a warrant. Each warrant entitles the holder to purchase one common share of the company at CAD 0.45 per share for a period of 24 months from closing. The warrant contains an acceleration clause wherein if the common shares trade at CAD 0.55 for 10 days the Company has the right to accelerate the expiration date upon 30 days' notice to the holders. The company will pay qualified finders' fee of 12% in brokers warrants. The broker warrants issued will be exercisable for one common share at the above-stated Unit price for 18 months from the date of issue. Bekanntmachung • Nov 19
Stratabound Minerals Corp. Reports Results Received from its Phase 1 Field Program Stratabound Minerals Corp. reported results received from its Phase 1 field program concluded this summer at its Golden Culvert Project (the "Project"). A surface geochemistry sampling program outlined a 1 km long by up to 100 m wide gold-mineralized boulder field of surface float-trains linking likewise gold-mineralized quartz vein structures exposed in outcrop, subcrop and trenching in previous programs either side of the Main Discovery outcrop. The top 10% highest grade samples were distributed across 670 meters of strike, 290 meters of vertical relief and included: 320.0 g/t, 155.0 g/t, 147.0 g/t, 118.0 g/t (with visible gold), 92.9 g/t (with visible gold), 41.8 g/t, 26.6 g/t, 25.2 g/t,17.10 g/t, and 16.55 g/t gold. All 93 surface samples averaged 13.27 g/t gold uncapped, (8.82 g/t Au capped), and ranged between <0.01 g/t to 320 g/t gold. Sixty-five, (70%), of the samples ranging between 0.25 g/t to 320 g/t gold averaged 18.96 g/t gold uncapped, (11.48 g/t gold capped). Visible gold was identified in two of the samples that assayed 118.0 and 92.9 g/t gold respectively and only two samples in the group were below assay detection limits of <0.01 g/t Au. Sampling was done selectively on sulphide-bearing quartz float-trains along strike of the known exposed vein outcrops and subcrops, and may not represent the true grade or style of mineralization. A capping grade of 83.8 g/t Au calculated as double the standard deviation of the 93-sample population was applied to all values greater than 83.8 g/t Au. The mineralized float-trains link up and connect gold mineralization exposed in surface trenches reported in previous releases including trench TR1923-B which yielded 24.41 gpt Au over 6.0m including of 95.0 gpt Au over 1.5m, and overlie similar gold mineralization reported in past diamond drilling up to 60.1 g/t Au over 0.9m within a larger interval of 2.3 g/t Au over 33.1m in drill hole GC1803. Phase II Diamond Drilling Update: The diamond drill program has concluded for the 2020 season as required under the time frames allowed within the Company's Class 3 exploration permit. Seventeen diamond drill holes were completed for a total of 3,217 meters across one kilometer of strike length. The diamond drill program focused directly under the gold-mineralized float-trains. The Company expects initial assay results in late December. Eight diamond drill holes totaling 1,370 meters and 24 surface trenches reported in previous exploration programs have intersected and outlined a 970-metre-long by 130-metre-wide mineralized corridor containing multiple parallel gold-bearing structures that have been targeted for definition and extension drilling this season. A total of 25 diamond drill holes comprised of 4,587 meters and 24 trenches have now been complete over 1 kilometer of strike to date. Is New 90 Day High Low • Nov 18
New 90-day high: CA$0.29 The company is up 48% from its price of CA$0.20 on 20 August 2020. The Canadian market is up 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 7.0% over the same period. Bekanntmachung • Nov 06
Stratabound Minerals Corp. Appoints Chad Tappendorf to the Board of Directors Stratabound Minerals Corp. announced that Mr. Chad Tappendorf has been appointed to the board of directors. Mr. Tappendorf is a Partner at Coast Capital, an investment firm based in New York which takes a private equity and long-term approach to investing into public companies. Mr. Tappendorf has extensive global private and public equity investment experience and has held board memberships of several companies in the resources, logistics, real estate, and consumer goods industries. Bekanntmachung • Oct 10
Stratabound Minerals Corp. announced that it has received CAD 6.70299 million in funding from Jerritt Canyon Canada Ltd., Coast Capital Management, LP and other investors On October 8, 2020, Stratabound Minerals Corp. (TSXV:SB) closed the transaction. The company issued 4,940,000 flow-through unit for gross proceeds of CAD 1,235,000 in its third and final tranche. The Company paid finders fees on the final tranche to qualified finders of CAD 61,750 and
issued 247,000 broker warrants, exercisable at CAD 0.24 for a period of 18 months. The Company raised a total of $1,590,000 in flow-through unit. Securities issued pursuant to the final tranche are subject to trading restrictions until February 9, 2021. Bekanntmachung • Oct 08
Stratabound Minerals Corp. Commences Drill Program on Captain Copper Cobalt Gold Deposit, Bathurst Mining District, New Brunswick Stratabound Minerals Corp. announced that it has commenced a diamond drill program to extend and upgrade the Captain NI 43-101 Mineral Resource Estimate independently completed by Mercator Geological Services and filed on Sedar on December 8, 2010. The Estimate reflects mineralization defined by 30 holes drilled to that time. yielding 1.71% Cu, 0.049% Co, 0.207 g/t Au, 6.27g/t Ag over 7.5 metres in hole CP-14-33 between 19.5-27.0 metres down the hole and 1.85% Cu, 0.059% Co, 0.32 g/t Au and 8.0 g/t Ag over 3.5 metres between 13.0-16.5 metres down the hole in hole CP-14-36. The Company has now commenced drilling an additional planned ten drill holes totaling approximately 1,000 metres. The program is anticipated to be complete by mid-November and is intended to expand and increase confidence into a revised NI 43-101 Resource estimate to be prepared in mid-2021. Golden Culvert Gold Project, Yukon Territory Update: The diamond drilling program is nearing completion by mid-October at the company's flagship Golden Culvert Project. Twelve holes have been completed to date totaling 2,450 metres. Work is progressing well, weather has not been a deterrent, and drilling is expected to continue to the full extent of the Yukon Class 3 exploration permit allowance to mid-October, 2020. Results of the July, 2020 Phase 1 reconnaissance and ground exploration program are forthcoming in the coming weeks. The Captain Deposit is located along the "Brunswick Horizon", within a 20km radius and the same stratigraphic contact that hosts the historic Glencore Brunswick No.12, No.6 and Heath Steele mines with past production totaling an aggregate 174.7 million tons grading an average 8.74% zinc, 3.4% lead, 0.34% copper and 102 g/t silver. The Captain is a volcanic massive sulphide, or VMS-type deposit, similar to the above described deposits, characterized by a plunge extent of at least 400 metres of disseminated, stringer, semi-massive, and massive sulphide mineralization measuring approximately 150 metres in surface strike length and having a maximum width of about of 50 metres. Past detailed studies by independent consultant Dr. S. R. McCutcheon support the interpretation that the Captain Deposit is an overturned "feeder stockwork" zone, or footwall alteration pipe, presenting a high-quality exploration target for exhalative lead-zinc-silver massive sulphide mineralization at depth where mineralization remains open. CP09-26, the deepest hole drilled to date, intersected 19.5 metres of massive sulphide mineralization grading 1.12% copper between 353.0 to 372.5 metres down the hole including 8.5 metres grading 2.11% copper, 0.052% cobalt, 12.4 g/t silver, and 0.30 g/t gold between 364.5 to 373.0 metres down the hole to a vertical depth of approximately 388 metres below surface. Bekanntmachung • Oct 05
Stratabound Minerals Corp. Provides an Update on Its Golden Culvert, Yukon Territory and Mcintyre Brook, New Brunswick Gold Projects Stratabound Minerals Corp. provided an update on its Golden Culvert, Yukon Territory and McIntyre Brook, New Brunswick gold projects. The successful funding to date has allowed the Company to accelerate its exploration plans at its flagship Golden Culvert gold project in the Yukon. Golden Culvert, Yukon A second diamond drill arrived on the Golden Culvert site on August 29 the, 2020. Ten holes have been
completed for a total of 2,109 metres to September 25th . Both drills are continuing on current holes GC20-11 and GC20-12. Drilling is planned to continue until mid-October, core logging is ongoing and first assay results are expected in late November. Eight diamond drill holes totaling 1,370m and 24 surface trenches, reported in previous exploration programs, have intersected and outlined a 530m-long by 130m-wide mineralized corridor containing six parallel gold-bearing structures that are targeted for definition and extensional drilling this season. The objectives of the 2020 drill program are: 1. Infill definition drilling within the previously drilled and trenched area to define an initial NI 43-101 resource estimate. 2. Extensional drilling beyond the open-ended strike length to extend knowledge from 530m to about 800m of strike. 3. Drilling below the 150m vertical depth previously drilled from surface. McIntyre Brook, New Brunswick An exploration team has been engaged to complete an approximate 125 line-kilometre soil sampling program totalling 2,500 soil samples commencing in early October at McIntyre Brook intended to complete coverage over the entire 2,825 hectares covering the 12 kilometres of property strike. It is anticipated the program will take approximately one month to complete with results expected to be complete an additional month thereafter.
Stock Options Issued The Company also announced that effective September 28, 2020, it has issued a total of 3,500,000 options pursuant to its incentive stock option plan ("Plan") to management, directors and consultants. Each option entitles the holder to subscribe for one common share of Stratabound for $0.25 for a period of 5 years, subject to the terms of the Plan. The options will vest 50% immediately with the remaining 50% to vest in one year from grant date. About Stratabound Minerals Corp. Stratabound Minerals Corp. is a Canadian exploration and development company focused on gold exploration at its flagship Golden Culvert Project, Yukon Territory and its new McIntyre Brook Project, New Brunswick, Canada. The Company also holds a significant land position that hosts three base metals deposits in the Bathurst base metals camp of New Brunswick featuring the Captain Copper- Cobalt-Gold Deposit that hosts an NI 43-101 Measured and Indicated Resource. Bekanntmachung • Sep 28
Stratabound Minerals Corp. announced that it has received CAD 5.22799 million in funding from Jerritt Canyon Canada Ltd., Coast Capital Management, LP and other investors On September 24, 2020, Stratabound Minerals Corp. (TSXV:SB) closed the transaction. The company issued 19,590,000 units for CAD 3,918,000 in second tranche closing. TSX Venture Exchange has accepted for filing documentation with respect to the transaction. The transaction included participation from 19 insiders including led investor, Jerritt Canyon Canada Ltd. through Eric Sprott for 5,000,000 units, and Coast Capital Midas Fund, LP, a fund managed by Coast Capital Management through Chad Tappendorf for 17,500,000 units. The company paid CAD 17,750 finders fees in second tranche; and in total CAD 22,500 in cash and 111,250 brokers warrants. The company paid CAD 4,500 and 22,500 warrants to Leede Jones Gable Inc, CAD 1,250 in cash and 6,250 warrants to Canaccord Genuity Corp and CAD 16,500 in cash and 82,500 warrants payable to Scarsdale Equities LLC. Bekanntmachung • Sep 26
Stratabound Minerals Corp. announced that it expects to receive CAD 7 million in financing Stratabound Minerals Corp. (TSXV:SB) announced a non-brokered private placement of up to 25,000,000 units at CAD 0.20 per unit for gross proceeds of up to CAD 5,000,000 and 8,000,000 flow-through units at CAD 0.25 per share for gross proceeds of up to CAD 2,000,000; for aggregate gross proceeds of CAD 7,000,000 on August 10, 2020. Each unit consists of one common share and one half of a warrant. Each warrant entitles the holder to purchase one common share of the company at CAD 0.30 per share for a period of 24 months from closing. Each flow-through unit consists of one flow-through common share and one half of a warrant. Each warrant entitles the holder to purchase one common share of the company at CAD 0.35 per share for a period of 24 months from closing. The company may pay finders' fee of 5% in cash and 5% in broker warrants the transaction. 
