Aankondiging • Nov 27
Stardust Metal Corp. Announces the Discovery of Significant Geophysical Target at its McGarry Project Stardust Metal Corp. announced the discovery of a significant geophysical target at its McGarry Project, located in the heart of the world-class Kirkland Lake gold district, home to some of Canada's most prolific high-grade gold mines, including Kerr Addison, Macassa, Upper Beaver, and several others. Geophysical Target Highlights. MT Anomaly. The Magnetotellurics (MT) survey highlights a large, deep feature beneath the sedimentary cover, visible from approximately -250 m and extending well beyond -1,000 m, below the depth detectable by conventional IP methods. IP Survey. An Induced Polarization (IP) survey was done concurrently with the MT survey and confirms the general pattern of the MT results in the top 250 of the sections both in terms of the resistivity and the chargeability responses and major features such as the Larder Lake-Cadillac Deformation Zone (LLCDZ), the Armistice Fault and the Mill Zone Fault are visible on both surveys but the anomaly that is highlighted in this news release is located below the IP response. Geological Interpretation: The anomaly is interpreted as a folded ultramafic unit, in disconformable contact with overlying sediments and forms a synclinal structure plunging to the west. The base of the sedimentary unit has not been intersected in drilling and until recently was thought to be very deep and beyond the limit of geophysics. But the MT response is very clear and indicates the presence of a low-resistivity body sitting right beneath the sediments and espousing the syncline from about 250m depth to well beyond 1000m. Its shape and response suggests potential to host an ultramafic unit similar to the rocks that host the known gold deposits in the district. Only drilling this target will tell if gold-rich solutions penetrated the body but an Ambient Noise Tomographic (ANT) seismic survey should refine the target in anticipation of drill testing. Structural and Regional Context: Key structures including the LLCDZ, Armistice Fault, and Mill Zone Fault are clearly reflected in both IP and MT datasets, demonstrating the reliability of the survey and aligning with known district-scale controls on mineralization. District Significance: The McGarry Project sits immediately adjacent to several historic and currently operating high-grade mines. The identification of a deep, never-drilled target within potentially ultramafic rocks underscores the potential to discover new, high-grade zones at depth, complementing the district's rich endowment of gold resources. This target, which has never been drilled and was highlighted during recent compilation work, was identified due to a comprehensive IP-MT survey completed by Quantec and reviewed and interpreted by Charles Beaudry, M.Sc., P.Geo. The anomaly sits beneath a sedimentary unit usually mapped as Temiskaming Assemblage and, by its shape and low resistivity, is thought to represent an ultramafic unit. The anomaly's size, depth, and geological context make it a high-priority drill target, with potential to host significant mineralization similar to nearby high-grade deposits. "If it is an ultramafic unit as postulated, it has never been tested in drilling or seen in underground workings and it is possible that the fluids responsible for the Kerr Addison deposit could have penetrated the domain lying beneath the sedimentary unit. This prediction is totally reasonable because of the presence of significant near surface gold mineralization (see Mill Zone on Kerr Addison and McGarry properties) as much as 1,000 metres south of the Larder Lake- Cadillac Deformation Zone (llCDZ"), said Charles Beaudry, Director of Stardust. Next Steps. Stardust plans to conduct an Ambient Noise Tomography (ANT) survey to provide high-resolution 3D imaging of density-velocity contrasts. This approach will refine the depth, size, and geometry of the anomaly and guide the first-ever drill testing of this exciting ultramafic target. New Risk • Aug 28
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$2.9m 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$2.9m free cash flow). Share price has been highly volatile over the past 3 months (29% average weekly change). Revenue is less than US$1m. Market cap is less than US$10m (CA$5.35m market cap, or US$3.89m). Aankondiging • Aug 01
Mistango River Resources Inc., Annual General Meeting, Sep 22, 2025 Mistango River Resources Inc., Annual General Meeting, Sep 22, 2025. Aankondiging • Jun 19
Mistango River Resources Inc. (CNSX:MIS) completed the acquisition of McVittie Property in Ontario from Jubilee Gold Exploration Ltd. (TSXV:JUB.H). Mistango River Resources Inc. (CNSX:MIS) entered into a purchase agreement to acquire McVittie Property in Ontario from Jubilee Gold Exploration Ltd. (TSXV:JUB.H) for CAD 0.03 million on May 20, 2025. Mistango is acquiring the McVittie Property from Jubilee for CAD 0.025 million and a 3% NSR on McVittie, with Mistango having the right to purchase 1% of the 3% from the vendor for CAD 1 million.
This transaction is subject to Canadian Securities Exchange and TSXV approvals.
Mistango River Resources Inc. (CNSX:MIS) completed the acquisition of McVittie Property in Ontario from Jubilee Gold Exploration Ltd. (TSXV:JUB.H) on June 19, 2025. Aankondiging • May 21
Mistango River Resources Inc. (CNSX:MIS) entered into a purchase agreement to acquire McVittie Property in Ontario from Jubilee Gold Exploration Ltd. (TSXV:JUB.H) for CAD 0.03 million. Mistango River Resources Inc. (CNSX:MIS) entered into a purchase agreement to acquire McVittie Property in Ontario from Jubilee Gold Exploration Ltd. (TSXV:JUB.H) for CAD 0.03 million on May 20, 2025. Mistango is acquiring the McVittie Property from Jubilee for CAD 0.025 million and a 3% NSR on McVittie, with Mistango having the right to purchase 1% of the 3% from the vendor for CAD 1 million.
This transaction is subject to Canadian Securities Exchange and TSXV approvals. Board Change • Jan 11
Less than half of directors are independent Following the recent departure of a director, there are only 2 independent directors on the board. The company's board is composed of: 2 independent directors. 3 non-independent directors. Independent Director Tony Moreau was the last independent director to join the board, commencing their role in 2023. The company's minority of independent directors is a risk according to the Simply Wall St Risk Model. Aankondiging • Jan 09
Mistango River Resources Inc. Appoints Charles Beaudry as Vice President of Exploration Mistango River Resources Inc. to welcome Charles Beaudry as its new Vice President of Exploration, effective immediately. Charles has a strong track record of exploration success with XXIX Metal Corp. (formerly QC Copper and Gold) and has been a key geological consultant for the Ore Group. Given his wealth of experience in geology and resource discovery, Charles will be a major asset to Mistango as the Company works to unlock the potential of its projects in the prolific Kirkland Lake camp. Sharing his vision for the role, Charles outlined three main goals: Unlocking the Potential of a World-Class District. Charles brings over 40 years of experience in project generation, business development, and exploration management, having spent nearly 17 years in various capacities for Noranda-Falconbridge-Xstrata. Charles holds a Bachelors of Science in Geology from the University of Ottawa, and a Masters of Geology from McGill University and is registered as a professional geologist in Ontario and Quebec. Aankondiging • Nov 28
Mistango River Resources Inc. Reports on Diamond Drilling Results from South-West Zone Mistango River Resources Inc. reported on assay results from its recent drilling program on the Omega Mine property along with assay results from prospecting conducted on the property during drilling. The 18-hole, 2,520 metre drill program was designed to test the shallow mineralization of SW Zone, located off the trend of the Larder Lake-Cadillac deformation zone. Several holes intersected elevated gold results over several metres, including hole 002, which cut 1.5 g/t Au over a width of 7.1m, located immediately below the excavated surface outcrop from which a bulk sample was collected in the past. The results indicate that mineralization is likely found in sediments of Temiskaming Assemblage due to the presence of red jasper pebbles and is sandwiched between layers of highly deformed ultramafic rock. Mineralization occurs where the conglomerate is altered to sericite and iron-carbonate and the mineralized intervals carry minor very fine grained pyrite. Numerous holes intersected a second mineralized zone deeper down and to the north of the SW zone. Hole 11 intersected 0.97 g/t Au over 7.5m near the bottom of the hole. The second zone appears to form a parallel mineralized horizon that extends further west. Although the SW Zone is located off the main trend of the LarderLake-Cadillac break, the rocks in the area are highly deformed and appear to constitute a distinct deformation zone that has the characteristics of a splay off the main break. Furthermore, the lithologies of the SW Zone are quite distinct in ages and their interdigitation is testimony to the intense deformation at the SW Zone. The results are currently being integrated with previous, historical drilling and the SW Zone will be re-interpreted. Prospecting and Grab Sampling. Grab samples returned values ranging from trace up to 20.48 g/t Au with an average for one trench of 2.63 g/t Au. The mineralized zone appears to strike nearly north-south and is located near to and parallel with the LaGuerre Gold Mine, which occupies some NS fault structures within a syenite intrusion. These results will be followed up first thing next spring when conditions are favourable. Prospecting conducted over a period of three days was mainly focused on revisiting some historical showings. A total of 33 samples were collected from old trenches and pits from lithologies composed of syenite/granite, sediment and an ultramafic rock similar to the famous carbonate ore from the Kerr Addison mine. New Risk • Sep 16
New major risk - Financial data availability The company has not reported any financial data. This is considered a major risk. With no or incomplete audited reported financial data, it is virtually impossible to assess the company's investment potential. Currently, the following risks have been identified for the company: Major Risks No financial data reported. Share price has been highly volatile over the past 3 months (25% average weekly change). Market cap is less than US$10m (CA$6.24m market cap, or US$4.59m). Aankondiging • Sep 10
Mistango River Resources Inc. Announces Mobilization of 28-Hole Drill Program at its Omega Gold Project in Kirkland Lake, Ontario Mistango River Resources Inc. announced the mobilization of a 28-hole drill program at its Omega Gold Project in Kirkland Lake, Ontario. Omega Drill Program to Commence Mid-September: A 28-hole drill program focused on expanding Omega's near-surface mineralization will commence in mid- September. at the southwest zone of the Company's Omega project. Phase 1 of the 2024 drill program will consist of six drill holes totaling approximately 500 m testing the southwest strike of known mineralization. Phases 2 and 3 of the drill program will follow up on Phase 1 results. Phase 2 drilling will test the previously defined mineralization's southwest and northeast strike extensions. Phase 3 drilling will focus on further follow-up testing of southwest zone mineralization along strike and at depth. In addition to delineating the main trend of mineralization defined by previous drilling, the program will also test potential parallel structures indicated from certain historic intercepts. Mistango expects to complete and release drill results from the program in Fourth Quarter 2024. Aankondiging • Aug 21
Mistango River Resources Inc. Announces Its Plans for an Up to 28-Hole 2024 Drill Program At Its Omega Gold Project in Kirkland Lake, Ontario Mistango River Resources Inc. announced its plans for an up to 28-hole 2024 drill program at its Omega Gold Project in Kirkland Lake, Ontario. The planned program will target the southwest zone, which has not seen drilling since 1983. Previous drilling and bulk sampling in the southwest zone iden fied significant high grade mineraliza on. Phase 1 of the 2024 drill program will consist of six drill holes totaling approximately 500 meters tes ng the southwest strike of known mineraliza on. Phases 2 and 3 of the drill program will total approximately 2,200 m and will follow up on Phase 1 results. Phase 2 drilling will focus on tes ng the southwest and northeast strike extensions of previously defined mineraliza on. Phase 3 drilling will focus on further follow up tes ng of southwest zone mineraliza on along strike and at depth. In addi on to delinea ng the main trend of mineraliza on defined by previous drilling, the program will also test poten all parallel structures that are indicated from certain historic intercepts. Drilling will focus on defining shallow zones of mineraliza on to enhance project viability, with the primary objectives being: Strike Extensions: A total of up to 23 holes are planned to test a por on of 900m of previously untested strike length to the southwest and to the northeast. Depth Extensions: Up to 5 holes are planned to test deeper mineraliza on down dip of areas of previous drilling. The program will be responsive to drill results and geological data as they are received, and adjustments to planned holes will be made as necessary. Aankondiging • Apr 20
Mistango River Resources Inc., Annual General Meeting, Jun 27, 2024 Mistango River Resources Inc., Annual General Meeting, Jun 27, 2024. Aankondiging • Jan 09
Mistango River Resources Commences its Phase II Drill Program at its 89 Square Kilometre Goldie Project in the Shebandowan Greenstone Belt Mistango River Resources Inc. (‘Mistango’ or the ‘Company’) announced the commencement of its Phase II drill program at its 89 square kilometre Goldie Project in the Shebandowan Greenstone Belt, 50 kilometres west of Thunder Bay, Ontario. Highlights: Three holes, totaling 1,430 meters, will test extensions of the adjacent Delta 1 Project mineralization and new target areas. Hole GLD-23-001 is a vertical hole designed to test the north dipping mineralization from the adjacent Delta 1 property. Hole GLD-23-002 will test a geophysical target at the south end of the Goldie property. Hole GLD-23-003 will test an area of previous drilling and high-grade sampling that correlates with interpreted structures and geophysics anomalies. Phase II Drill Program Details: The Phase II program consists of three holes for a total of 1,430m. The program has been designed through a comprehensive compilation of detailed sampling, geophysical studies and previous drill results in the district. Geophysical targeting is based in part on the 420 lines kilometre high-resolution airborne magnetic survey that Mistango completed in 2023. The program aims to confirm and better define the presence of known mineralized structures and test new target areas on the Goldie property. Hole GLD-23-001 is a vertical hole designed to test the north dipping mineralization from the adjacent Delta 1 property. Hole GLD-23-003 will target an area of previous drilling and high-grade sampling that correlates with interpreted structures from the previously completed magnetic survey. The targeted hole will also be drilled underneath an IP anomaly. Hole GLD-23-002 will test interpreted structures from previous geophysical studies at the south end of the Goldie property and on trend from known mineralization. Aankondiging • Dec 12
Mistango River Resources Inc. Appoints Jamie Spratt as Chief Executive Officer Mistango River Resources Inc. announced the appointment of Jamie Spratt as its chief executive officer, effective immediately. Jamie brings over 15 years of expertise in mining-focused capital markets, elevating the company's strategic vision and operational capabilities. Jamie Spratt has extensive experience in equity research and investment banking. Most recently, he has been President at Walmsley Capital Inc. a mining focused advisory business since 2019. Prior to founding the firm, he spent 10 years in mining equity research at Clarus Securities Inc. where he built a strong track record with global institutional investors. Jamie began his career in investment banking, focusing on M&A in the metals/mining and industrial sectors. He has an MBA from the Rotman School of Management, a B.A. in Applied Economics from Queen's University and is a CFA Charterholder. 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$4.2m 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$4.2m free cash flow). Share price has been highly volatile over the past 3 months (18% average weekly change). Earnings have declined by 41% per year over the past 5 years. Revenue is less than US$1m. Market cap is less than US$10m (CA$8.02m market cap, or US$5.90m). Minor Risk Shareholders have been diluted in the past year (18% increase in shares outstanding). Aankondiging • Aug 05
Mistango River Resources Inc., Annual General Meeting, Oct 19, 2023 Mistango River Resources Inc., Annual General Meeting, Oct 19, 2023. Aankondiging • May 30
Mistango River Resources Inc., Annual General Meeting, Aug 10, 2023 Mistango River Resources Inc., Annual General Meeting, Aug 10, 2023. Aankondiging • May 05
Mistango River Resources Inc. announced that it has received CAD 1.17371 million in funding On May 4, 2023, Mistango River Resources Inc. closed the transaction. The company issued 14,335,996 flow-through units for proceeds of CAD 860,159.76, and 6,967,777 hard dollar units at a price of CAD 0.045 per unit for proceeds of CAD 313,549.97 and gross proceeds of CAD 1,173,709.73. each hard-dollar unit consists of one common share and one-half of one common share purchase warrant. Each whole hard dollar warrant will entitle the holder to purchase one additional share of the company at a price of CAD 0.10 for a period of 24 months from the date of issuance. The common shares and warrants issued as part of the flow-through units and the hard-dollar units under this offering will be subject to a four-month-and-one-day hold period from the date of closing of the offering. The company has paid finders an aggregate of CAD 63,821.19 and 1,263,546 finders warrants. Each finder's warrant entitles the holder, on exercise thereof, to purchase one common share at a price of CAD 0.10 for a period of 24 months. Aankondiging • Jan 26
Mistango River Resources Inc. Provides Shareholders with an Update on Its Investments, Exploration Activities and Corporate Strategy Mistango River Resources Inc. provided shareholders with an update on its investments, exploration activities and corporate strategy. Metal Energy Investment Mistango now Owns 15% of Manibridge Nickel Mine: In December, Metal Energy and Mistango announced the closing of an exploration option agreement to acquire a 15% interest in Metal Energy's Manibridge Nickel Project, located in the prolific Thompson Belt, Manitoba. Metal Energy recently completed a 10,000-metre drill program at Manibridge with highlights including: 85.7 composite metres of 0.67% NiEq (57.6 GT) starting at 156 m vertical depth; 79.8 composite metres of 0.65% NiEq (51.7 GT) starting at 215 m vertical depth; 47.6 composite metres of 0.82% NiEq (39.1 GT) starting at 273 m vertical depth. Results from 9 drill holes closer to the old mine workings are still pending. Drilling Update on the Ledden Copper-Gold Project in Quebec: Mistango recently completed a 5,400-metre drilling program at Ledden, located adjacent to the southeast boundary of QC Copper and Gold's Opemiska Project. Drilling focused on the northeast trending magnetic anomalies and tested for near surface bulk tonnage copper-gold mineralization. Results confirm the presence of mineralization in the northeast trending magnetic anomaly and along the southern contact of the Chibougamau Pluton. The core has been sent to the lab and assays are pending. Drilling Update on the Goldie Gold Project in Northwest Ontario: Mistango owns a 100% interest in the Goldie Project, which straddles the Trans-Canada highway 50 km west of Thunder Bay and is adjacent to Delta Resources' (DLTA: TSXV) Delta-1 Project. Delta-1 reported multiple holes of visible gold, including an intersection of 11.9 metres of 14.8 g/t gold within a broader interval of 31.0 metres of 5.92 g/t gold. Mistango recently completed a 30-hole, 3,000-metre drill program; assay results are pending. $2 million Strategic Investment: Mistango's most recent financial statements on November 29 disclosed that Mistango acquired a strategy equity position in an arms-length publicly traded exploration company. This position was obtained on the market at a cost of $1.71 million, which has since increased to a fair market value of over $2 million. Mistango will provide more details on this strategic investment in due course. Update on Option Arrangement with Agnico Eagle: As previously disclosed, Mistango and Agnico Eagle Mines Limited entered into an exploration option agreement dated April 19, 2021 pursuant to which Agnico Eagle has the right to earn up to a 75% interest in Mistango's Kirkland West and Omega properties. The Option Agreement is designed to explore these two properties located in the world-class gold district of Kirkland Lake, Ontario while preserving Mistango's treasury. Agnico Eagle also owns approximately 9.9% of the issued and outstanding common shares of Mistango. Pursuant to the Option Agreement, Agnico Eagle may earn a 50% interest in the Optioned Properties by spending $10 million over a 5-year period. Thereafter, Agnico Eagle has a further right to acquire an additional 25% interest in the Optioned Properties by spending an additional $50 million on the Optioned Properties. During the first two years of the Option Agreement, Agnico Eagle has spent approximately $1 million and $1.5 million, respectively, which represent the minimum commitments provided under the Option Agreement. In order to keep the Option Agreement in good standing and earn the initial 50% interest, Agnico Eagle will need to spend a minimum of $7.5 million over the next approximately 3 years. For further information on the Option Agreement, see the Company's news release dated April 21, 2021. Mistango has a Strong Balance Sheet: As per Mistango's most recent financial statements, the Company has a strong balance sheet, with a cash position of $5.1 million and a positive working capital of $6.8 million. Aankondiging • Dec 31
Mistango River Resources Inc. acquired 15% interest in Manibridge Project in Manitoba from Metal Energy Corp. for $2.25 million. Mistango River Resources Inc. entered into an agreement to acquire 15% interest in Manibridge Project in Manitoba from Metal Energy Corp. for $2.25 million on October 28, 2022. The purchase price payable by Metal Energy to Mistango for the Interest on the Closing Date is $2.25 million which may be paid, at the sole option of Metal Energy, in cash or in common shares of Metal Energy. The exercise of the Call Option and the completion of the transfer of Interest from Mistango to Metal Energy shall be subject to the prior approval of the Exchange. There is no assurance that Exchange approval of the Call Option will be obtained. Mistango River Resources Inc. completed the acquisition of 15% interest in Manibridge Project in Manitoba from Metal Energy Corp. on December 30, 2022. Aankondiging • Dec 17
Mistango River Resources Inc. Begins Drilling Program on its Goldie Project Mistango River Resources Inc. announced that it has begun a 30 hole, 3,000 metre drill program on its Goldie Project ("Goldie"), 50 km west of Thunder Bay. Goldie is adjacent to Delta Resources' Delta-1 Project, which reported multiple holes of visible gold, including an intersection of 11.9 metres of 14.8 g/t gold within a broader interval of 31.0 metres of 5.92 g/t gold. Preliminary work on the Goldie suggests the property hosts similar mineralization as Delta-1, which remains open in all directions and at depth. Delta Resources' observations suggest the mineralized zone is defined over a strike length of nearly 1 km and a vertical depth of approximately 220 metres. Goldie is located within the Shebandowan Greenstone Belt and covers a 5.6 km of strike on the Shebandowan Structural Zone, which also hosts Goldshore Resources Inc.'s low-grade high-tonnage Moss Lake gold deposit. Board Change • Nov 16
Less than half of directors are independent No new directors have joined the board in the last 3 years. The company's board is composed of: No new directors. 3 experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). Independent Director Charles Beaudry was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Insufficient board refreshment. Aankondiging • Oct 06
Mistango River Resources Inc. to Begin 5,000M Drill Program at Ledden Copper-Gold Project in Quebec Mistango River Resources Inc. announced that it will begin a 5,000-metre drilling program on its Ledden Copper-Gold Project (Ledden) in the Chibougamau District of Quebec. Ledden is also adjacent along the southeast boundary of QC Copper and Gold's Opemiska Project. The drill and crew began mobilizing to the site on the week of October 10, 2022. Phase One's drilling will focus on the northeast trending magnetic anomalies and test for near surface bulk tonnage copper-gold mineralization. Chibougamau: An emerging bulk tonnage copper-gold District: The historical results and success of the QC Copper and Gold exploration over the last three years at Opemiska have served as a guide for exploration below known showings and copper-gold deposits in the Chibougamau District of Quebec. Opemiska has a resource of 1.58Bn CuEq lbs @ 0.88% CuEq in M&I category & 345.8M CuEq lbs @ 0.73% CuEq Inferred One of the most prolific copper gold mining camps lies immediately west of the Ledden Project. The magnetic anomaly of interest on Ledden extends for over 2.5 kilometres but has only been tested over a 700m strike length. The Company will test this large, mineralized structure near the surface with little historical drilling. Highlights of the Ledden Project: The magnetic anomaly of interest on Ledden extends for over 2.5 kilometers but has only been tested over a 700m strike length. Drilling in 2017 intersected up to 0.25% copper over 40.1 metres. Several northeast trending magnetic anomalies have been outlined by detailed airborne magnetics, and a drill hole in 2017 intersected 0.82 grams per tonne of gold over 8.21 metres over a parallel but weaker magnetic anomaly. There is no outcrop and structures are currently interpreted to be vertical, and as such, the true widths of mineralized intersections are assumed to be about 70 to 80% of core lengths. However, more work is required to establish the dips of the mineralized zones properly. Aankondiging • Sep 14
Mistango River Resources Inc. (CNSX:MIS) agreed to acquire Goldie Project at Shebandowan Greenstone Belt, Ontario. Mistango River Resources Inc. (CNSX:MIS) agreed to acquire Goldie Project at Shebandowan Greenstone Belt, Ontario for CAD 0.18 million on September 13, 2022. Aankondiging • Jul 27
Mistango River Resources Strikes Multiple Gold Intercepts at Omega Gold Project and Set to Resume Drilling on Kirkland West Project Mistango River Resources Inc. reported multiple gold intercepts at its Omega Gold Project, including one that yielded 13.83g/t Au over 1 meter in hole OMG22-006. Mistango will follow up on these gold intercepts at the Omega Gold Project in a subsequent drill program. The Company is also expected to resume drilling at its Kirkland Lake West project located adjacent to Agnico Eagle Mines Limited's Macassa Mine in Kirkland Lake, Ontario. Details on Gold Intercepts of Omega's 2022 Drill Program: The winter program at Omega yielded results of 13.83g/t Au in hole OMG22-003 at 33 to 34 meters and several 1 to 2-g/t intercepts in holes OMG002-001, OMG22-002, OMG22-003 and OMG22-004. The following are details of the key Diamond Drill Hole intercepts: OMG22-006: 13.83g/t Au from 33 to 34 meters and 2.56g/t Au from 165 to 169 meters, including 3.82g/t Au from 165 to 167 meters; OMG22-001: 2.81g/t Au from 162 to 163 meters; OMG22-003: 0.58g/t Au from 380 to 388 meters and 1g/t Au from 467 to 469 meters, including 1.82g/t Au from 468 to 469 meters and 0.72g/t Au from 574.64 to 578.5 meters, including 1.23t/t Au from 575.64 to 576.64 meters; OMG22-004: 1.24g/t Au from 52 to 52.67 meters and 1g/t Au from 55.2 to 57 meters; and OMG22-005: 1g/t Au from 130 to 133.6 meters including 1.79g/t Au from 132 to 133 meters and 0.83g/t Au from 144 to 147 meters, including 1.68g/t Au from 146 to 147 meters and 1g/t Au from 245 to 246 meters. Mistango is planning to follow up this program at Omega to expand the known high-grade zones and test for additional gold zones. Mistango will seek to drill five 500-meter holes in the Southwest Extension. This area was not part of the winter program due to permitting challenges, which have since been resolved. This round of drilling will test beneath previous high-grade intercepts on Omega. Aankondiging • May 26
Mistango River Resources Inc. Completes Drilling on Omega Project Mistango River Resources Inc. updated shareholders on its now complete drill program at its Omega Project. The drill program has completed 2988 metres of diamond drilling over 6 holes. Samples have been sent to the laboratory for assaying and the company expects to receive the results in early June. Mistango cautions the timing of lab results has been unpredictable. Description of the phase 1 drill program, phase 1 drill holes were planned on the block of properties that hosts the resource at the Omega Mine. Three holes are designed to test for lateral and down-plunge continuity and potential expansion of the resource. Other holes are intended to explore for gold mineralization that could be associated with structures having affected a strong linear magnetic anomaly located a few hundred meters to the north of the resource. Aankondiging • May 07
Mistango River Resources Inc., Annual General Meeting, Jul 06, 2022 Mistango River Resources Inc., Annual General Meeting, Jul 06, 2022. Board Change • Apr 27
Less than half of directors are independent There are 3 new directors who have joined the board in the last 3 years. Of these new board members, 1 was an independent director. The company's board is composed of: 3 new directors. No experienced directors. No highly experienced directors. 1 independent director (2 non-independent directors). CEO & Director Stephen Stewart is the most experienced director on the board, commencing their role in 2019. Independent Director Charles Beaudry was the last independent director to join the board, commencing their role in 2019. The following issues are considered to be risks according to the Simply Wall St Risk Model: Minority of independent directors. Lack of experienced directors. Aankondiging • Feb 08
Mistango River Resources Inc. Announces Start of 5,200 Meter Drilling Program At Its Omega Gold Project Mistango River Resources Inc. announced the kick-off of the 5,200 metre Phase 1 drill program on its Omega Gold Project (Omega, or the Project), near Larder Lake, Ontario, that includes a segment of the Larder Cadillac Fault Zone which is a regionally important structure associated with gold deposits in the Abitibi Greenstone Belt. The property includes the former Omega Mine where Resources of 219.8 Koz (Indicated) and 365.4 Moz (Inferred) are determined as of May 10, 2013. The Phase 1 drill program at Omega includes ten diamond drill holes for a total of 5,200 meters. Phase 1 drilling kicked-off on January 28, 2022. The first drill hole is completed for a total of 486 meters and the second drill hole is currently underway with approximately 300 meters (of a planned final length of 400 meters) having been completed. All assay results are currently pending. Five of the planned Phase 1 drill holes are located on the block of properties that hosts the Resource at the Omega Mine. Three of the holes are designed to test for lateral and down-plunge continuity and potential expansion of the Resource. The two remaining holes are designed to explore for gold mineralization that could be associated with structures having affected a strong linear magnetic anomaly located a few hundred meters to the north of the Resource. The five remaining drill holes are planned to explore for potential new mineralized zones on a block of properties that is contiguous with, and located to the southwest of the Omega Mine properties (the Southwest Zone). The five drill holes are designed to test for gold mineralization that would be hosted by metavolcanic and metasedimentary rocks that are intruded by rocks of syenitic composition adjacent to a shear structure that is interpreted by the Company based on observations of outcrops in the field and on anomalies in aeromagnetic map products. Aankondiging • Feb 01
Mistango River Resources Inc. Intersects 86.2 G/T Gold in Narrow Vein on its Kirkland West Project, Adjacent to Macassa Mine Mistango River Resources Inc. announced positive assay results from hole BAL21-024 at the 5,000 metre Phase 2 drill program in the Baldwin Zone, on its Kirkland West Gold project. The property is located directly to the west of the Macassa Mine and on the interpreted west extension of key gold structures in the Kirkland Lake Gold camp. Significant intersections from the drilling to date include 86.2 g/t (grams per tonne) over 0.5 m (meters) and 5.11 g/t over 0.97 m, both in BAL21-024. The two intersections are located at downhole depths of 922.81 and 1079.15 m downhole, respectively with the first intercept being within a distinct quartz-carbonate vein containing visible gold and the second being from within a shear zone along the margin of a syenitic intrusive body. Additionally, the company has also identified a second intersection of visible gold hosted by a quartz-carbonate vein in BAL21-021, at a downhole depth of 326 m. The company is awaiting metallic screen assay results for Hole 021 and will report the results upon receipt. Description of the Geology from the Two Gold Intersections in Hole 024; The result of 86.2 g/t gold over 0.5 metres beginning at 922.81 meters includes a breccia-textured quartz-carbonate vein that hosts visible gold along with trace amounts of pyrite and chlorite; the gold-bearing vein is itself hosted by a gray to reddish conglomerate that is affected by moderate hematite alteration. A second intersection of 5.11 g/t gold over 0.97 m starting at 1079.15 m downhole is associated with the sheared contact between a gray to reddish intrusive sheet of mafic syenite composition and a foliated conglomerate that preserves moderate pervasive carbonate and hematite alteration and low concentrations (0.5% to 1.0%) of very fine-grained disseminated pyrite. The new gold intersections reported herein for Holes 021 (assays pending) and 024 confirm the prospectivity of the Baldwin Zone on the Kirkland West Project and the potential for discovery of future high-grade deposits adjacent to, and within a similar geological environment to Canada's highest-grade gold mine, Kirkland Lake Gold's Macassa Mine. The Kirkland West Project is adjacent to Kirkland Lake Gold's (KL:TSX) Macassa Mine and includes two main zones, the Baldwin Zone and the Eby Zone that are distinguished by different geological settings. The Baldwin Zone includes land holdings in the western Teck, Grenfell and Eby townships and shares a similar geological setting with the Kirkland Lake mining camp. The Eby Zone is 3 km to the southwest within Eby township and features a geological environment that is somewhat distinct from the Baldwin Zone and that is considered to be highly prospective. Is New 90 Day High Low • Jan 19
New 90-day low: CA$0.24 The company is down 11% from its price of CA$0.27 on 20 October 2020. The Canadian market is up 13% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is down 4.0% over the same period. Is New 90 Day High Low • Nov 07
New 90-day high: CA$0.32 The company is up 23% from its price of CA$0.26 on 07 August 2020. The Canadian market is flat over the last 90 days, indicating the company outperformed over that time. It also outperformed the Metals and Mining industry, which is down 2.0% over the same period. Aankondiging • Oct 17
Mistango River Resources Inc. Begins Drilling on Kirkland West Project on November 3 Mistango River Resources Inc. announced that its planned phase one 10,000-metres diamond drilling campaign on its 100% owned Kirkland West Project, in Kirkland Lake, Ontario is expected to begin on November 3rd, 2020. The focus of the upcoming drilling campaign at the Kirkland West Project will be the Baldwin Zone, which shares a similar geological context with the Kirkland Lake mining camp. The Baldwin Zone likely hosts extensions of the gold-bearing Main Break fault and subsidiary structures, as well as the regionally important Larder-Cadillac Fault Zone. Target areas for the drill program have been identified based on the completed geological and structural interpretation. These include the historical Baldwin Mine and surrounding areas as well as several complex structural domains, each of which are located on or associated with fault systems similar to those that host much of the gold endowment of the Kirkland Lake Camp. A total of 10,000 metres of diamond drilling has been planned to explore the identified target areas. An Ontario-based diamond drill contractor has been engaged and the first drill holes will be in the vicinity of the Baldwin Mine, where historical production resulted on gold grades of about 15 g/t. Aankondiging • Oct 06
Mistango River Resources Inc. announced that it has received CAD 0.14012 million in funding Mistango River Resources Inc. (CNSX:MIS) announced a private placement of non-brokered units for gross proceeds of CAD 140,120 on September 29, 2020. All securities issued pursuant to the transaction will be subject to a four-month-and-one-day hold period in accordance with applicable Canadian securities laws. Aankondiging • Oct 03
Mistango River Resources Inc. announced that it has received CAD 3.026657 million in funding On September 29, 2020, Mistango River Resources Inc. (CNSX:MIS) closed the transaction. The company received gross proceeds of approximately CAD 3,026,657 in the transaction. All securities issued in the transaction, including any underlying securities, will be subject to a four month and one day hold period in accordance with applicable Canadian securities laws. Is New 90 Day High Low • Sep 26
New 90-day low: CA$0.21 The company is down 14% from its price of CA$0.25 on 26 June 2020. The Canadian market is up 6.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Metals and Mining industry, which is up 12% over the same period. Aankondiging • Sep 01
Mistango River Resources Inc. announced that it expects to receive CAD 3 million in funding Mistango River Resources Inc. (CNSX:MIS) announced a best efforts private placement of 10,714,286 flow-though units issued at CAD 0.28 per unit for gross proceeds of CAD 3,000,000.08 on August 31, 2020. The company entered into an agreement with the placement agent and granted an option to the agent to purchase up to an additional 15% of flow-through units, in such proportion as the underwriters may determine, exercisable at any time until 48 hours prior to closing of the transaction. Each flow through unit consists of one common share and one-half of one common share purchase warrant. Each warrant entitles the holder thereof to acquire one common share at a price of CAD 0.35 for a period of 2 years following the closing of the transaction. The transaction is expected to close the transaction on or about September 22, 2020. The transaction is subject to certain conditions including, but not limited to, the receipt of all necessary regulatory and other approvals including the approval of the Canadian Securities Exchange and the securities regulatory authorities. Aankondiging • Jul 30
Mistango River Resources Inc. (CNSX:MIS) completed the acquisition of 2,105 Hectare Teck-Kirkland Property from Hinterland Metals Inc. Mistango River Resources Inc. (CNSX:MIS) entered into definitive agreement to acquire 2,105 Hectare Teck-Kirkland Property from Hinterland Metals Inc. for CAD 0.11 million on March 26, 2020. The consideration includes 1.5 million of common shares and CAD 0.01 million of cash. The Consideration Shares to be issued under the Agreement will be subject to a statutory hold period that extends four months and one day from the closing date. Completion of the transaction is subject to the satisfaction of customary closing conditions. Pursuant to the terms of the Agreement, it is anticipated that the transaction will close on or around April 3, 2020 or such later date as agreed upon by the Company and the Purchaser.
Mistango River Resources Inc. (CNSX:MIS) completed the acquisition of 2,105 Hectare Teck-Kirkland Property from Hinterland Metals Inc. on April 7, 2020.