Tillkännagivande • Feb 24
Lucky Minerals Inc., Annual General Meeting, Apr 30, 2024 Lucky Minerals Inc., Annual General Meeting, Apr 30, 2024. Tillkännagivande • Dec 21
Lucky Minerals Inc. announced that it expects to receive CAD 0.75 million in funding Lucky Minerals Inc announced a private placement of common shares for the gross proceeds of CAD 750,000 on December 20, 2023. Pursuant to the policies of the TSXV, the issuance of the common shares are subject to receipt of all necessary corporate and regulatory approvals, including the approval of the TSXV. All common shares issued will be subject to a statutory hold period of four months plus a day from the date of issuance in accordance with applicable securities legislation. Tillkännagivande • Jun 21
Lucky Minerals Inc. Announces Chief Financial Officer Changes Lucky Minerals Inc. announced the resignation of Ms. Jeannine Webb, who has served as Chief Financial Officer for the Company since 2020. The Company has appointed Mr. Robert Rosner, a long-time member of its Board of Directors and former CEO, as Interim CFO. Tillkännagivande • Jun 20
Lucky Minerals Inc. announced that it has received CAD 0.054 million in funding On June 19, 2023, Lucky Minerals Inc. closed the transaction. The company issued 1,080,000 units at a price of CAD 0.05 per unit for gross proceeds of up to CAD 54,000. Each unit consists of one common share and one non-transferable common share purchase warrant. Each warrant is exercisable to acquire one share at an exercise price of CAD 0.05 per share until June 19, 2027. All the securities issued in connection with the offering are subject to a statutory hold period expiring four months and one day from the date of issuance, and the offering is subject to final acceptance by the TSX Venture Exchange. The company did not pay finders' fees in connection with this offering. Insiders of the company acquired an aggregate of 780,000 units in the transaction Tillkännagivande • Feb 09
Lucky Minerals Discovers Large Intersections of Gold Mineralization in the Initial Stage of Its Ongoing Drill Program At Its Wayka Project in Ecuador Lucky Minerals has discovered large intersections of gold mineralization in the initial stage of its ongoing drill program at its Wayka Project in Ecuador. The 100% owned Fortuna property covers 550 square kilometers or approximately 55,000 hectares of exploration concessions in a highly prospective, yet underexplored, gold belt in southern Ecuador. The Wayka epithermal gold discovery lies along an elevated ridge that trends northeast with elevations ranging from approximately 3,600 meters to 3,700 meters above sea level and is bound to the East by the El Buitre Porphyry and to the West by the Emma Porphyry. Lucky has completed the first 5 drill holes at Wayka using lightweight drill equipment developed by the company’s drilling partner Hubbard Drilling. These shallow holes were designed to follow up on the trenches previously announced in the Discovery Zone. The objective of this initial drill program was to prove the continuity of the siliceous lenses to depth and its lithological and/or structural control. Drill hole DDHW-001-2023 was drilled to intersect the gold mineralization outlined in the southern edge of trench 21, which previously returned 5.24 g/t gold over 14 metres. This drill hole intersected strongly silicified rock containing gold mineralization from surface to a depth of 7 metres, with an average grade of 0.64 g/t gold. Drill hole DDHW-003-2023 was drilled to intersect the surface gold mineralization outlined between trenches 6 and 14. This drill hole intersected gold mineralization from a depth of 16 to 26 metres, associated with vuggy silica and pyrite, reporting an average of 0.68 g/t gold over the 10 metres. Drill hole DDHW-005-2023 was drilled to a depth of 80.20 metres to intersect from surface the silicified zone sampled in trench 17. This drill hole intersected a zone of gold-bearing vuggy silica with disseminated pyrite from a depth of 0.53 to 6.35 metres, reporting an average of 0.87 g/t gold over the 5.82 metres. Drill hole DDHW-002-2023, drilled to intersect the down dip extension of the silicified rocks found in drill hole DDHW-001-2023, intersected a zone of advanced argillic alteration with anomalous gold mineralization from 17.80 to 21.25 metres. Drill hole DDHW-004-2023, drilled to a depth of 60.50 metres to intersect the gold mineralization below trench 17, intersected a zone of faulting with anomalous gold. Tillkännagivande • Feb 08
Lucky Minerals Inc. Discovers Gold in the Initial 384 Metres of Drilling At Wayka Lucky Minerals Inc. has discovered large intersections of gold mineralization in the initial stage of its ongoing drill program at the Wayka Project. Assay results for drill holes DDHW-001 to DDHW-005 have been received for a total of 384 metres. Gold Discovery from Drilling at Wayka: Lucky has completed the first five drill holes at Wayka using lightweight drill equipment developed by the Company's drilling partner Hubbard Drilling. These shallow drill holes are designed to follow up on the trenches previously announced in the Discovery Zone. Drill results include: 10 metres at an average grade of 0.68 g/t gold (DDHW-003-2023); 7 metres at an average grade of 0.64 g/t gold (DDHW-001-2023); 5.82 metres at an average grade of 0.87g/t gold (DDHW-005-2023). The objective of this initial drill program was to prove the continuity of the siliceous lenses to depth and its lithological and/or structural control. As field observations indicate, part of the gold mineralization follows the rock foliation as shown in the interpretative cross section below. Tillkännagivande • Jan 26
Lucky Minerals Inc. announced that it expects to receive CAD 0.7 million in funding Lucky Minerals Inc. announced a non-brokered private placement of 12,500,000 units at a price of CAD 0.056 for gross proceeds of CAD 700,000 on January 25, 2023. The transaction will include participation from individual investor Michael Gentile, who will maintain his share position 19.9% stake. Each unit consists of one common share and one full three-year transferable common share purchase warrant. Each warrant entitles the holder thereof to acquire on additional share at a price of CAD 0.10 per share, until the date that is 36 months from the closing. All securities issued in the transaction are subject to a statutory hold period expiring four months and one day from the date of issuance. The company may pay finders' fees on a portion of the transaction in accordance with applicable securities laws and the policies of the TSX Venture Exchange. The transaction is subject to approval from TSX Venture Exchange. Tillkännagivande • Jan 18
Lucky Minerals Inc. Announces Wayka's Kelly Zone Channel 21 Returns 0.98 G/T Gold over 11.0 Metres Lucky Minerals Inc. announced that it continues geological mapping, trenching and channel sampling at the Wayka epithermal gold discovery at its 100% owned 55,000 hectare Fortuna Property ("Fortuna") in Ecuador. Wayka lies along an elevated ridge that trends northeast with elevations ranging from approximately 3,600 metres to 3,700 metres above sea level and is bound to the East by the El Buitre Porphyry and to the West by the Emma Porphyry. Kelly Zone (North Wayka) channel 21 (C-21) returns 0.46 g/t gold over 25 metres, including 0.98 g/t gold over 11 metres. Channel 21 has returned gold values within a silicified breccia zone comprised of subrounded to subangular fragments of dacite, meta-granite and schist. It lies within the Kelly Zone which is located approximately 950 metres north of trench T-5 (Discovery Zone). Kelly zone has a mineralized breccia that has been identified over a 100 metre strike length When the current work is combined with the previous trenches a significant breccia has now been confirmed. This breccia extends over a 100 metre strike length and has several areas with confirmed gold mineralisation. Tillkännagivande • Dec 13
Lucky Minerals Inc. Announces Geological Mapping, Trenching and Channel Sampling At the Wayka Epithermal Gold Discovery At Its 100% Owned 55,000 Hectare Fortuna Property in Ecuador Lucky Minerals Inc. announced it continues geological mapping, trenching and channel sampling at the Wayka epithermal gold discovery at its 100% owned 55,000 hectare Fortuna Property in Ecuador. Wayka lies along an elevated ridge that trends northeast with elevations ranging from approximately 3,600 metres to 3,700 metres above sea level and is bound to the East by the El Buitre Porphyry and to the West by the Emma Porphyry. Channel 20 returns 1.04 g/t gold across 13 metres in the Kelly Zone. This new channel was designed to follow up Trench 12 which was previously reported (see News Release - October 25, 2021) with an average of 1.21 g/t gold across 10 metres. Trench 12 was oriented in a northeast direction which is the general trend of many structures in the area. Channel 20 was completed to cut across the structure, where outcrop availability makes it possible. Rock saw channel sampling was completed within a breccia zone with subrounded to subangular fragments comprised of mostly altered dacite, some remnant fragments of meta-granite and schist in a silica-limonite matrix, with mainly silicified and advanced argillic altered fragments. It lies within a large breccia structure measuring, based on outcrop availability, at least 60 metres by 25 metres, and remains open in all directions with a general trend to the northeast. Furthermore, Channel 20 remains open in both directions. Please see below a sample and assay table as well as a trench geology and sample location map. Both Channel 20 and Trench 12 lie within a breccia zone that coincides with a mag low. Below is a map of an aerial photo that is overlain by an image showing a mag low (blue area). This map includes the location of Channels 15, 20 and Trench 12. It also shows the interpreted size (to date) of the breccia zone (area within dashed red lines) of approximately 60 metres by 25 metres, and which remains open in all directions. Also shown are proposed channels P-1, P-2 and P-3 which is an extension of Channel 15 to the northwest. The location of this breccia zone which coincides with a magnetic low is significant, even more so by the fact that these breccias do carry gold. The low mag anomalies result from the passage of hydrothermal fluids through rocks which destroy magnetite and cause the low magnetic signatures. The fluids alter the rocks producing alteration zones such as silicification and advanced argillic altered rocks which have identified in the Kelly breccia zone. Tillkännagivande • Dec 02
Wayka's Kelly Zone: Channel 15 Returns 0.23 G/T Gold over 13.0 Metres, Including 0.36 G/T Gold over 4.0 Metres Lucky Minerals Inc. announced it continues geological mapping, trenching and channel sampling at the Wayka epithermal gold discovery at its 100% owned 55,000 hectare Fortuna Property ("Fortuna") in Ecuador. Wayka lies along an elevated ridge that trends northeast with elevations ranging from approximately 3,600 metres to 3,700 metres above sea level and is bound to the East by the El Buitre Porphyry and to the West by the Emma Porphyry. Channel 15 (C-15) has returned strong anomalous gold values within a silicified breccia zone comprised of subrounded to subangular fragments of dacite, meta-granite and schist. It lies within the Kelly Zone which is located approximately 950 metres north of trench T-5 (Discovery Zone). Approximately 30 metres southeast of C-15 and at approximately 3,635 metres elevation lies trench 12 (T-12), which returned an average of 1.21 g/t gold over 10 metres (Please see news release October 25, 2021). Other channels in the Kelly Zone, C-24 and C-25 are in silicified hydrothermal breccias and returned anomalous gold. Channel C-15 lies at approximately 3,623 metres elevation and includes a 19 metre long channel in silicified breccias hosted in meta-granites which are interpreted to be elongated and have a northeast trend which is similar to the structural orientations interpretated from surface work at the Discovery zone.Current field work is focused on surface trenching around the Discovery and Kelly zones. There are another 31 assays pending from this ongoing field work. All exploration work is completed following QA/QC protocols and include the insertion of a coarse blank, a standard and duplicate sample on every batch of 25 samples. Samples are being submitted to ALS Chemex Labs in Quito for preparation work, and the analytical work is completed at their lab facility in Lima, Peru. ALS Chemex is an ISO certified and accredited laboratory. Results will be released as they are received. Tillkännagivande • Nov 09
Lucky Minerals Inc. Provides Update to Wayka Project Lucky Minerals Inc. announced it continues geological mapping, trenching and channel sampling at the Wayka epithermal gold discovery at its 100% owned 55,000 hectare Fortuna Property in Ecuador. Wayka lies along an elevated ridge that trends northeast with elevations ranging from approximately 3,600 metres to 3,700 metres above sea level and is bound to the East by the El Buitre Porphyry and to the West by the Emma Porphyry. Interpreting the upper portion of the high sulfidation system. Approximately 188 metres north of Trench 14, a hydrothermal breccia 5 metres wide, comprised of silicified meta-granite and schist fragments in a silica matrix was sampled. Assay results returned anomalous gold. This trench was excavated near the bottom of a partially eroded lithocap comprised mainly of silica, which is exposed as a silicified ridge. The interpreted schematic cross section below, shows the remnant silica cap in relation to trenches and channels sampled. Mineralization exposed by erosion in Trench 14 returned 8.02 g/t gold across 9 metres and in Trench 21 returned 5.24 g/t gold across 14 metres. Both trenches lie below the interpreted silica cap, whereas Channel 8 and Trench 31 lie within and at the base of the silica cap and returned mainly anomalous gold values. The current interpreted lithocap appears to be present at an elevation from approximately 3,697 m to 3,643 m while the higher grades trenches are located at an elevation of approximately 3624 m. Lithocaps associated with high sulphidation epithermal systems typically occur as silicic altered rocks with pyrite, either as stratabound replacements, veins and/or breccia cement. Silica caps are erosional remnants of what were once extensive lithocaps and may be considered the upper sections of epithermal systems. Silica caps are mostly barren and/or weakly anomalous of significant gold mineralization. Current field work is focused on surface trenching around the discovery zone. There are another 35 assays pending from an area in the discovery zone and 7 assays from an area NE of this zone. All exploration work is completed following QA/QC protocols and include the insertion of a coarse blank, a standard and duplicate sample on every batch of 25 samples. Samples are being submitted to ALS Chemex Labs in Quito for preparation work, and the analytical work is completed at their lab facility in Lima, Peru. ALS Chemex is an ISO certified and accredited laboratory. Results will be released as they are received. Tillkännagivande • Oct 07
Lucky Minerals Inc., Annual General Meeting, Dec 06, 2022 Lucky Minerals Inc., Annual General Meeting, Dec 06, 2022. Tillkännagivande • Jun 10
Lucky Minerals Inc. announced that it has received CAD 2 million in funding On June 10, 2022, Lucky Minerals Inc. closed the transaction. The transaction included participation from individual investors Victor Cantore for 7.4% and Michael Gentile for 13,308,893 units for proceeds of CAD 745,298 and 18.5% stake. The company will not pay any finder's fee in the transaction. The transaction is subject to TSX Venture Exchange acceptance. Tillkännagivande • May 29
Lucky Minerals Inc. announced that it expects to receive CAD 1.848 million in funding Lucky Minerals Inc. announced a non-brokered private placement of 33,000,000 units at a price of CAD 0.056 for gross proceeds of CAD 1,848,000 on May 27, 2022. The transaction will include participation from individual investor Michael Gentile, CFA for approx. 19.9% stake. Each Unit consists of one common share and one full three-year common share purchase warrant. Each warrant entitles the holder thereof to acquire on additional share at a price of CAD 0.10 per share, until the date that is 36 months from the closing. All securities issued in the transaction are subject to a statutory hold period expiring four months and one day from the date of issuance. The company may pay finders' fees on a portion of the transaction in accordance with applicable securities laws and the policies of the TSX Venture Exchange. The transaction is subject to approval from TSX Venture Exchange. Tillkännagivande • May 12
Lucky Minerals Inc. Continues with the Trenching Program for the Upcoming Drill Program at the Wayka Epithermal Gold Discovery at its 100% Owned Fortuna Property in Southern Ecuador Lucky Minerals Inc. announced that it continues with the trenching program for the upcoming drill program at the Wayka epithermal gold discovery at its 100% owned Fortuna Property ("Fortuna") in southern Ecuador. Wall Zone trenching identifies additional altered mineralized structures that will be tested in upcoming drilling Trenching in the Wall Zone (trenches T-22, T-23 and C-7) in weakly altered meta granites returned anomalous gold. The foliation in trench T-22 strikes 118 degrees and dips 38 degrees SE. Kelly Zone trenching returns 1.21 g/t gold over 10 metres and also identifies anomalous altered structures Trenching in the Kelly Zone which includes trench T-12 located approximately 700 metres north of trench T-5 (Discovery Zone) returned an average of 1.21 g/t gold over 10 metres (Please see news release October 25, 2021). Mineralization in this area is mainly of sericite-quartz type in contrast to that of mainly strong silicification found in the Discovery Zone trenches T-5 and T-6. Other trenches in the Kelly Zone, T-24 and T-25 are in silicified hydrothermal breccias and returned anomalous gold. Trench T-26 in silicified schists also returned anomalous gold. First prospecting effort in area of significant soil anomaly yields 7.8 g/t gold over 1 metre Approximately 1 km ENE of the Wall Zone a massive lens of magnetite with pyrite veinlets and disseminations was identified hosted in a leucocratic coarse-grained granite. The magnetite lens strikes northwest and has a vertical dip. A sample taken across one metre returned 7.81 g/t gold. The lens lies approximately 1.2 km east of the El Buitre porphyry prospect. Tillkännagivande • Apr 07
Lucky Minerals Inc. Receives Assay Results for Trenches T-17, T-18 and T-19 from Its Ongoing Work At the Wayka Epithermal Gold Discovery at its 100% Owned Fortuna Property (Fortuna) in Southern Ecuador Lucky Minerals Inc. announced it has received assay results for trenches T-17, T-18 and T-19 from its ongoing work at the Wayka epithermal gold discovery at its 100% owned Fortuna Property (Fortuna) in southern Ecuador. This Cluster of trenches is located approximately 75 metres south of the combined trenches T-5 and T-6 where an average of 1.67 g/t gold was reported over 61 metres. Trenches T-17 and T-18 are mineralized along east north-east trending lenses hosted in silicified meta-granites. It has been observed that because of its brittle behavior the meta-granites appear to be a better host rock in contrast to schists that have a ductile behavior. Hydrothermal solutions appear to have penetrated preferentially along the rock foliation and at the intersection of NW, NE and EW trending faults and fractures. Lucky has retained the services of SRK Consulting (Toronto office) to complete a structural analysis of the mineralized structures at Wayka. In both rock types (meta-granites & schists) the wall rock alteration is mainly advanced argillic (kaolinite, alunite & pyrophyllite) type. Work including drill hole targeting continues in preparation for the upcoming first 3,000 metres phase of drilling. Targeting will be informed by the following: a. Soils (just completed); b. Alteration mapping of Wayka project area (just completed); c. geophysics (just completed, finalizing inversions); d. trenches (ongoing); e. Structural analysis of Wayka area (field work completed awaiting final report); f. Prospecting on anomalous areas. Preparation work for mobilization of drilling equipment is underway. Tillkännagivande • Mar 31
Lucky Minerals Inc. Receives Terraspec Analysis Results for the Soil Samples from Its Ongoing Work At the Wayka High Sulfidation Epithermal Gold Discovery At Its 100% Owned Fortuna Property in Southern Ecuador Lucky Minerals Inc. announced it has received Terraspec analysis results for the soil samples from its ongoing work at the Wayka high sulfidation epithermal gold discovery at its 100% owned Fortuna Property in southern Ecuador. A total of 1,027 soil samples were taken along a 50 x 50 metre grid at Wayka. The total grid area covered approximately 2.43 km2.Soil samples were submitted for Terraspec analysis. This work was done in order to complement the information from the alteration mapping of rock chip samples. It is important to note that outcrop availability is relatively low over the area. The added information from the soil alteration mapping now confirms that the scale of the system at surface is approximately 2.4 km by 1.4 km at surface along a northeast trend. If include the areas where only rock chip sampling was done, the scale expands to 3.2 km by 1.8 km which is also along a northeast trend. Tillkännagivande • Jan 26
Lucky Minerals Inc. announced that it has received CAD 2.011795 million in funding On January 24, 2022, Lucky Minerals Inc. closed the transaction. The transaction included participation from Lance Hubbard for 14,325,555 units, a pro group consisting of two placees for 833,256 units and eight placees. The company paid finder’s fees in cash of CAD 35,000 and issued 388,888 non-transferable compensation warrants to Cormark Securities Inc. Each compensation warrant is exercisable into one common share at CAD 0.15 per share until January 24, 2023. All securities issued in the transaction are subject to a statutory hold period expiring four months and one day from the date of issuance.
On January 25, 2022, the TSX Venture Exchange has accepted for filing documentation with respect to the transaction. Tillkännagivande • Jan 08
Lucky Minerals Inc. announced that it expects to receive CAD 2.011795 million in funding Lucky Minerals Inc. announced that it has signed a letter of intent for a non-brokered private placement of 22,353,278 units at a price of CAD 0.09 per unit for gross proceeds of CAD 2,011,795 on January 6, 2022. The transaction will involve participation from individuals, including a strategic partner related to Hubbard Drilling. Each unit consists of one common share and one common share purchase warrant. Each warrant will be exercisable to acquire one common share at a price of CAD 0.20 per common share for a period of 24 months from the date of issuance. The company may pay finder's fees on a portion of the private placement in accordance with applicable securities laws and the policies of the TSX Venture Exchange. The transaction is subject to TSX Venture exchange approval. The company expects to close the transaction in the coming days. Tillkännagivande • Aug 27
Lucky Minerals Inc. announced that it expects to receive CAD 3.5 million in funding Lucky Minerals Inc. announced a non-brokered private placement of 43,750,000 units at a price of CAD 0.08 per unit for gross proceeds of CAD 3,500,000 on August 26, 2021. Each unit consists of one common share and one common share purchase warrant. Each warrant will be exercisable to acquire one common share at a price of CAD 0.15 per common share for a period of 24 months from the date of issuance. All common shares and warrants issued in connection to the offering are subject to a statutory hold period expiring four months and one day from the date of issuance. The company has already obtained commitments exceeding CAD 2,500,000 and expects to close a first tranche by September 3, 2021. The second and final tranche is expected to close in the following weeks. The company may pay finder's fees on a portion of the private placement in accordance with applicable securities laws and the policies of the TSX Venture Exchange. The transaction is subject to TSX Venture exchange approval. Tillkännagivande • Jul 20
Lucky Minerals Inc. Receives Sample Assay Results from its Ongoing Work At the Wayka Epithermal Gold Discovery at its 100% Owned 55,000 Hectare Fortuna Property Lucky Minerals Inc. announced it has received sample assay results from its ongoing work at the Wayka epithermal gold discovery at its 100% owned 55,000 hectare Fortuna Property. Systematic sampling has returned up to 5.87 g/t gold with an average of 3.06 g/t over 4.0 metres. Wayka lies along an elevated ridge that trends northeast with elevations ranging from approximately 3,600 meters to 3,700 meters above sea level and is bound to the East by the El Buitre Porphyry and to the West by the Emma Porphyry. Lucky's exploration team has continued with geological mapping and sampling at Wayka. Terraspec analyses of rock samples taken from the southern zone of Wayka has outlined an area of advanced argillic alteration, the higher temperature alteration minerals, with outcrops of vuggy silica that measures approximately 800 meters by 1,000 meters and remains open to the south. Following up the 4.15 g/t panel sample to confirm potential feeder zone: At the Southern part of the advanced argillic zone a panel sample returned 4.15 g/t gold. This sample was identified to be part of a breccia structure, a "feeder" which is comprised of millimetric up to centimetric subrounded fragments of quartz and diverse lithic fragments in an aphanitic silica rich ground matrix with stains of goethite and limonite. Up to 5.87g/t gold and an average of 3.06 g/t in 4.0 m of systematic sampling: A nearby area of siliceous outcrop was targeted for systematic sampling. The first field visit has sampled systematically 4 metres across a partially exposed siliceous outcrop and one of the samples returned up to 5.87 g/t gold from a siliceous volcanic breccia which is believed to be a "feeder" with an elongated geometry. The attitude, width and continuity of this structure is currently being determined by field crews. The average gold grade across 4 meters (includes wall rock) averages 3.06 g/t gold and for the breccia structure of 3 meters averages 3.50 g/t gold. Tillkännagivande • Jun 25
Lucky Minerals Inc. Announces New Assays for Macuche. A 20-Meter-Long Hand Dug Trench Returned an Average of 0.33 G/T Gold from Systematic 1.0 M X 0.50 M Panel Samples Lucky Minerals Inc. announced it has received new assays for Macuche. A 20-meter-long hand dug trench returned an average of 0.33 g/t gold from systematic 1.0 m x 0.50 m panel samples. This work is focused within its 100% owned Fortuna Property (“Fortuna”). Fortuna comprises approximately 55,000 hectares in a known mineralized district in southern Ecuador. Lucky’s exploration team has continued with geological mapping and sampling at Macuche. A total of 20 rock sample assays have been received from ALS Chemex Labs. These samples were taken from a 20-meter-long hand dug trench in altered schists with stockwork quartz-hematite- tourmaline veinlets. The stockwork veining remains open at both ends of the trench. A total of 20 systematic samples were taken (Panels 1.0 m x 0.50 m each) and returned an average of 0.33 g/t gold. Tillkännagivande • Jun 18
Lucky Minerals Inc. Receives Sample Assay Results from Its Ongoing Work at the Wayka Epithermal Gold Discovery at its 100% Owned Fortuna Property Lucky Minerals Inc. received sample assay results from its ongoing work at the Wayka epithermal gold discovery at its 100% owned Fortuna Property ("Fortuna"). Fortuna comprises approximately 55,000 hectares in a known mineralized zone in southern Ecuador. Wayka lies along an elevated ridge that trends northeast with elevations ranging from approximately 3,600 meters to 3,700 meters above sea level and is bound to the East by the El Buitre Porphyry and to the West by the Emma Porphyry. Wayka - An Advanced Argillic Alteration Zone - Expanding and Remains Open One of the key exploration tools when exploring a high sulfidation epithermal system is the identification of the higher temperature alteration minerals (generally identified as advanced argillic alteration zones). These advanced argillic alteration zones are usually comprised of mineralized breccias, areas of vuggy silica and feeder zones that carry gold mineralization. Lucky's exploration team has continued with geological mapping and sampling at Wayka. Terraspec analyses of rock samples taken from the southern zone of Wayka has outlined an area of advanced argillic alteration with outcrops of vuggy silica that measures approximately 800 meters by 1,000 meters and remains open to the south. Within this newly explored area, a rock panel sample returned 4.15 g/t gold from a siliceous volcanic breccia. This work has extended the alteration zone to the south by approximately 500 meters. Tillkännagivande • May 11
Lucky Minerals Inc. Receives New Assays for Sherman (Up to 2.19 G/T Gold) and Balance of Initial Assays for Wayka (Up to 0.825 G/T Gold) Lucky Minerals Inc. announced it has received the balance of assays from the initial prospecting at Wayka, a gold bearing epithermal system. In addition, assay results from 16 samples were received from the Sherman area. All this activity is focused within its 100% owned Fortuna Property. Fortuna comprises approximately 55,000 hectares in a known mineralized district in southern Ecuador. Lucky's exploration team has continued with geological mapping and sampling at Wayka. Recently a total of 15 rock sample assays were received from ALS Chemex Labs. This batch of samples represents the balance from a larger group of samples which included 12 samples previously sent as "rush" to ALS Chemex. Geological mapping and sampling continues at Wayka and there are strong indications that the alteration and mineralization footprint is expanding. In addition, exploration teams are conducting field work in the southern area and samples have been sent to ALS Chemex for analysis. Exploration teams are focused on gathering samples to further understanding and expand the known footprint of the mineralized system. Samples are being submitted approximately every two weeks to ALS Chemex laboratories in Quito for prep work, and the analytical work will be completed at their lab facility in Lima, Peru. ALS Chemex is an ISO certified and accredited laboratory. Results will be released as they are received. Present work is focused on surface exploration which includes sampling and mapping. This will be followed by trenching leading to scout drilling. Teraspec analysis is being conducted on samples and should provide the basis for alteration mapping which in turn will be utilized to identify potential feeder zones. Lucky's exploration team continued follow-up geological work at Sherman. A total of 16 rocksample assays have been received from ALS Chemex Labs. Sample result highlights at Sherman include 2.19 g/t and 1.98 g/t gold. These samples were taken within a zone of Sherman now known as "Macuche" in which a sample 261057 taken last year returned 1.66 g/t gold and sample 261058 returned 0.487 g/t gold respectively. Fieldwork in Macuche has identified an area of mineralization of approximately 30 m by 30 m and sampling has confirmed potential for a bulk mining target. As this is an area at an early exploration stage, geological work will continue to better identify the extent of this mineralized area. Prospecting work will include geological mapping to determine rock and alteration types. At this time, mineralization has been observed to be related to silica-pyrite stockwork type veinlets in a strongly altered (sericitic) rock. Present work at El Garo continues. El Garo is a large epithermal system with outcrops of dacite and vuggy silica. This system is less than 8 km north of Wayka. Due to a lack of outcrop, a soil sampling program was initiated last year and is in the process of being completed. Results from this program will be combined with trenching. A drilling program continues to be planned for El Garo. Tillkännagivande • May 04
Lucky Minerals Updates Wayka Epithermal Gold Discovery with Geophysics Lucky Minerals Inc. announced it has continued work at the Wayka epithermal gold discovery at its 100% owned Fortuna Property. Fortuna comprises approximately 55,000 hectares in a known mineralized zone in southern Ecuador. Wayka Update: Lucky's exploration team has continued with geological mapping and sampling at Wayka. This field work has allowed the team to standardize some of the rock type nomenclature and prepare an updated outcrop geology map of the area. At Wayka most rock types are rhyolites, vuggy silica, dacite porphyry and breccias. Wayka lies along an elevated ridge that trends northeast with elevations ranging from approximately 3,600 m to 3,700 m above sea level and is bound to the East by the El Buitre Porphyry Prospect and to the West by the Emma Porphyry Prospect. Compilation of El Buitre-Emma geophysical survey leads to interpretation of a NNE fault coinciding with surface alteration. A review of geophysical data from a mag survey completed by its former JV partner has improved the understanding of Wayka. The mag survey shows an anomalous elongated mag low that appears to coincide with the volcanics and alteration zones at Wayka. The mag low anomaly trends northeast for approximately 3 km, of which 1.5 km appears to coincide with the surface alteration and mineralization identified to date at Wayka. Its exploration team will continue to extend the surface alteration along the interpreted fault both to the north and the south. The interpretation of the mag low extends to the limit of the current geophysical data both to the north and the south. To date the company have received a total of 12 assay results from ALS Chemex Labs for Wayka with samples up to 2.9 g/t gold. Additional sample results are expected in the following days and will include the balance of the initial samples from Wayka as well as some from follow up prospecting work at Sherman. A total of 36 rock samples have been submitted for Terraspec analyses to determine the type of alteration minerals associated within this mineralized system. This work is expected to assist in identifying potential feeder zones. These results are still pending. As geological work at Wayka continues, its understanding of the mineralized system is expected to improve as more detailed work is completed. At the moment, Wayka has been observed to remain open in all directions. Tillkännagivande • Feb 23
Lucky Minerals Inc. announced that it has received CAD 2.448448 million in funding On February 22, 2021, Lucky Minerals Inc. (TSXV:LKY) closed the transaction. The company issued 5,810,000 for gross proceeds of CAD 464,800 in its final tranche. The company raised CAD 2,448,448 in the transaction. Each warrant will entitle the holder to purchase one share at a price of CDA 0.15 exercisable until February 19, 2023. All securities issued in connection with this second tranche closing are subject to a hold period of four months plus a day, expiring June 20, 2021 in accordance with applicable securities legislation. In connection with the second tranche of the offering, the company paid finder's fees consisting of a cash commission of CAD 19,684 and 246,050 compensation warrants. Each compensation warrant is exercisable into one share at CAD 0.08 per share until February 19, 2022. Tillkännagivande • Jan 28
Lucky Minerals Inc.(TSXV:LKY) dropped from S&P/TSX Venture Composite Index Lucky Minerals Inc.(TSXV:LKY) dropped from S&P/TSX Venture Composite Index Tillkännagivande • Jan 14
Lucky Minerals Inc. announced that it expects to receive CAD 5 million in funding Lucky Minerals Inc. (TSXV:LKY) announced a non-brokered private placement private placement of up to 62,500,000 units at a price of CAD 0.08 per unit for gross proceeds of up to CAD 5,000,000 on January 13, 2021. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to acquire one common share at a price of CAD 0.15 per common share for a period of 24 months after the closing. The company may pay a finder’s fee in cash and warrants in accordance with applicable TSX Venture Exchange guidelines and policies. All securities issued pursuant to the transaction will be subject to a four-month hold period in accordance with applicable Canadian securities laws. The transaction is subject to the receipt of all necessary regulatory approvals, including the approval of the TSX Venture Exchange and may close in multiple tranches.