Ankündigung • Aug 26
New Target Mining Corp. announced that it has received CAD 0.5 million in funding On August 25, 2025. New Target Mining Corp. announced that it has closed the transaction. Certain insiders participated in the Offering, acquiring at total of 690,000 Units. Ankündigung • Jun 05
New Target Mining Corp. announced that it expects to receive CAD 0.5 million in funding New Target Mining Corp announced a non-brokered private placement to issue 10,000,000 units at a price of CAD 0.05 per Unit for gross proceeds of up to CAD 500,000 on June 4, 2025. Each Unit will consist of one common share and one share purchase warrant exercisable to acquire an additional common share at a price of CAD 0.06 for a period of thirty-six months. n connection with completion of the Offering, the Company may pay finders’ fees to eligible third-parties who have introduced subscribers to the Offering. All securities issued in connection with the Offering will be subject to restrictions on resale for a period of four-months-and one day in accordance with applicable securities laws. Completion of the Offering remains subject to the approval of the TSX Venture Exchange. Board Change • May 02
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Alan Hitchborn was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Feb 20
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Alan Hitchborn was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 26
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Alan Hitchborn was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Jan 06
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Alan Hitchborn was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Dec 19
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Alan Hitchborn was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Nov 27
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Alan Hitchborn was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. New Risk • Sep 27
New major risk - Negative shareholders equity The company has negative equity. Total equity: -CA$23k This is considered a major risk. Being in negative equity means that the company's liabilities exceed its assets, meaning it owes more to creditors than it has in owned assets. While this doesn't mean the company is about to collapse, in the long-term, this is unsustainable. The company may have issues meeting financial obligations, is at risk of becoming insolvent and may have difficulty raising capital, especially more debt, if needed. 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$139k free cash flow). Shares are highly illiquid. Negative equity (-CA$23k). Revenue is less than US$1m. Market cap is less than US$10m (CA$1.14m market cap, or US$842.3k). Board Change • Sep 22
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Alan Hitchborn was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 25
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Alan Hitchborn was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Board Change • Aug 02
Less than half of directors are independent Following the recent departure of a director, there is only 1 independent director on the board. The company's board is composed of: 1 independent director. 3 non-independent directors. Independent Director Alan Hitchborn was the last independent director to join the board, commencing their role in 2020. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Ankündigung • May 11
New Target Mining Corp. Announces Changes to Its Board New Target Mining Corp. announced that Mr. Adrian Lamoureux has been appointed as a director of the Company, effectively immediately. Todd Hanas, President and Chief Executive Officer of New Target, comments regarding the appointment of Mr. Lamoureux to the board of directors: Mr. Lamoureux is currently Chief Executive Officer, President and Director at Vital Battery Metals Inc., Founder of Patriot Battery Metals Inc. and former Chief Executive Officer, as well as an extended tenure on the board of directors and as Vice President - Corporate Development. As Founder of Patriot Battery Metals Inc., Mr. Lamoureux was instrumental in its growth, development, and sustained success throughout his leadership. Mr. Lamoureux worked in the venture capital markets for close to twenty years (including nine years with Patriot Battery Metals), specializing in the design and implementation of market strategies and corporate development. He has particular expertise in the mineral exploration and development sector. During his time working in the venture capital markets, Mr. Lamoureux has financed a number of successful private and public companies. I The Company also announces the resignation of director Mike Petrina. Board Change • Mar 27
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. President, CEO & Director Richard Hanas is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Jan 02
New Target Mining Corp. Reports 2022 Exploration Program Results for the Company's Scarlett Property New Target Mining Corp. announced that it has now received and reviewed its 2022 surface exploration results on the Scarlett Property (the "Property").In an effort to more fully constrain and understand the full extent of the soil anomalies determined during previous programs on the Property, New Target's exploration team conducted and submitted 88 additional soil samples as well as conducted a more regional outcrop rock sampling campaign comprised of a total of 18 surface rock samples. Rock sample highlights include 2 samples reporting 3.630 ppm and 0.132 ppm Au respectively, thus demonstrating the extent of mineralization in other areas not previously explored on the Property. All samples were submitted for analysis to ALS Canada Ltd. located in North Vancouver,B.C. The results of these efforts can be seen in maps included within and accompanying this news release. Soil and rock sampling works were conducted in tandem with road and trail preparation and repair efforts required to support any future exploration access on the Property as some areas of roads and trails fell into minor disrepair due to heavy rain events in the prior fall and winter season. Below is a comprehensive soil sampling map depicting the currently defined Copper (Cu) anomaly which is currently 300 meters width and of 700 meters length and remains open both to the northwest and southeast. The soil and rock samples reported above were delivered to ALS Canada Ltd., North Vancouver, B.C. ALS Canada Ltd. is an accredited geo analytical laboratory and is independent of the Company and the QP. Rock samples were assayed utilizing a procedure defined by ALS as ME-ICP61, which is a 33 multi- element assay utilizing four acid digestion followed by ICP-AES. Rock analysis also included Au-ICP21 which is a 30-gram Fire Assay utilizing an ICP-AES finish. Soils samples were assayed utilizing a procedure defined by ALS as ME-MS41L which is a super trace multi-element analysis conducted by ICP- MS. Both rock and soil sample assay batches had internal Duplicate, Standards and Blanks conducted for quality controls and assurances. The Company followed industry standard procedures for the work carried out on the Property, with a quality assurance/quality control (QA/QC) program. The Company detected no QA/QC issues during review of the data. Board Change • Dec 22
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. President, CEO & Director Richard Hanas is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Nov 16
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. President, CEO & Director Richard Hanas is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Board Change • Oct 31
High number of new and inexperienced directors There are 4 new directors who have joined the board in the last 3 years. The company's board is composed of: 4 new directors. No experienced directors. No highly experienced directors. President, CEO & Director Richard Hanas is the most experienced director on the board, commencing their role in 2020. The company’s lack of experienced directors is considered a risk according to the Simply Wall St Risk Model. Ankündigung • Apr 08
New Target Mining Corp. Continues with Next Preparation Phase of Exploration on the Scarlett Property New Target Mining Corp. announced that it has commenced its 2022 next phase of exploration on the Scarlett Property, British Columbia. Mr. Kristian Whitehead, B.Sc., P.Geo. continues to manage and oversee the exploration activities for the Scarlett Property. Mr. Whitehead has over 18 years' experience in the mineral exploration industry in Canada, US, Guyana, and Mexico. He has extensive experience in the supervision of mineral exploration programs in western North America and internationally that have successfully developed mineral resources from grassroot to advanced level prospects. In an effort to more fully constrain and understand the full extent of the soil anomalies determined during previous programs on the Scarlett Property, the Company's exploration team has submitted additional soil samples for analysis as well as plans to expand the current soil grid. This work program will include assay analysis on previously drilled core samples which utilized a hand portable diamond core saw which was conducted to assist in understanding the structure of currently known surface mineralization difficult to accurately sample with hand tools. Ankündigung • Feb 04
New Target Mining Corp., Annual General Meeting, Apr 04, 2022 New Target Mining Corp., Annual General Meeting, Apr 04, 2022. Ankündigung • Jul 16
New Target Mining Corp. Completes AUV Drone Magnetic Survey Program at the Company’s Scarlett Gold Property New Target Mining Corp. announced that it has completed its UAV Magnetic, drone supported exploration survey program on the Company’s Scarlett Gold Property. On June 26th, 2021, Geotronics Consulting Inc. conducted a single day drone supported UAV Magnetic field survey of the southwestern region of the Property in order to assist in mapping of the geology and structure of the area around known surface rock mineralization and soil anomalies as well as to assist in the delineation of potential future diamond drill targets. The survey was flown at a speed of 12 meters per second with line spacings of 50 meters at an average terrain clearance of 60 meters with a reading interval of 10 readings per second. Readings were subsequently processed and corrected for diurnal variation using the base station data gathered on site. Of the several prominent features yielded from this survey a prominent northeast-trending magnetic high with a strength of approximately 300 nT was determined. This feature has a strike length of 2 kilometers with it being open both to the northeast and to the southwest, and an average width of 300 meters. According to known geology in the area, it is underlain entirely by quartz diorite and or tonalite of the Coast Intrusions. Therefore, the interpretation of the causative source of this magnetic high may well be a result of an intrusive phase consisting of a greater amount of magnetite. The feature of greatest economic interest determined from this UAV magnetic survey is the magnetic low located within the southeastern portion of the survey area. This magnetic low correlates directly with a copper, silver, zinc, arsenic and tellurium soil anomaly. Additional soil sampling carried out in May of this year has expanded the size of the sampled area with results pending. The Company is now in receipt of the additional soils and rock sample assay results from all soil and rock grab samples collected during the May 2021 work program which was designed to expand on the previous successful 2020 exploration soil grid works which determined a 450-meter-long x 150-meter-wide area of coincident elevated Cu, Zn, As and Te results. Due to the limited size of the previous 2020 soil grid extents an expanded soil grid was necessary in order to potentially establish the limits of this anomaly. In addition, other exploration works during this work program included: the utilization of a man portable backpack drill in an effort to advance previously determined high grade surface copper and gold occurrences as well as expand the prospected area not previously explored during the initial work program. To date, approximately only 10% of the Scarlett Gold Property has been explored. Samples collected during this program were sent to ALS Laboratories located in North Vancouver, British Columbia, Canada for analysis. The results of these analyses will be disclosed once received and evaluated by the Company. Ankündigung • Apr 29
New Target Mining Corp. Commences Geochemical and Mapping Program & Engages Infiniti Drilling Corp New Target Mining Corp. (the "Company" or "NEW") announced that it has engaged Infiniti Drilling Corp. to conduct exploration and prospecting on the Company's Scarlett Property. Mr. Kristian Whitehead, B.Sc., P.Geo. will be the managing professional geologist overseeing the exploration activities for the Scarlett Property. NEW expects to commence this program on the Scarlett Property on May 3, 2021. This work program will include an analytical geochemical and mapping program designed to expand the previous successful 2020 exploration soil grid works which determined a 450-meter-long x 150- meter-wide area of coincident elevated Cu, Zn, As and Te results. Due to the limited size of the previous 2020 soil grid extents an expanded soil grid is necessary in order to potentially establish the limits of this anomaly. In addition, other exploration works during this work program will include: the utilization of a man portable backpack drill in an effort to advance previously determined high grade copper and gold occurrences as well as expand the prospected area not previously explored during the initial work program. To date, approximately only 10% of the Scarlett Property has been explored. Samples collected during this program will be sent to ALS Laboratories located in North Vancouver, British Columbia, Canada for analysis. The results of these analyses will be disclosed as they are received and evaluated by the Company. The scientific and technical information contained in this news release has been reviewed and approved by Kristian Whitehead, B.Sc., P.Geo., a consultant of the Company and a "Qualified Person" as defined in National Instrument 43-101 - Standards of Disclosure for Mineral Projects.