Castle Peak Mining Ltd. is pleased to announce that on February 15, 2019, it has entered into an Definitive Agreement with Wononuo Investment Limited , a Ghana based company, to purchase a prospecting license from Wononuo for a mineral deposit located in Ghana for $2,000,000 USD. Completion of the transaction is subject to a number of conditions including, but not limited to: completion of satisfactory due diligence by [...]
Castle Peak Mining is pleased to announce that, further to its news release of November 2, 2017, the Company has completed the sale of the Company's exploration interests in the southern Ashanti Belt, Western Region, Ghana to Star Goldfields Ltd. for proceeds of an aggregate of US$4,250,000 in cash, less certain less certain liabilities of the acquired subsidiaries of the Company that held the exploration interests as at [...]
VANCOUVER, Nov. 2, 2017 /CNW/ - Castle Peak Mining Ltd. ("Castle Peak" or the "Company", TSXV: CAP) is pleased to announce that at the Annual General and Special Meeting of the Company on October 19, 2017 (the "Shareholders' Meeting"), the shareholders of the Company approved the sale of the Company's exploration interests in the southern Ashanti Belt, Western Region, Ghana to Star Goldfields Ltd. (the "Transaction") for [...]
VANCOUVER, Aug. 3, 2017 /CNW/ - Castle Peak Mining Ltd. ("Castle Peak" or the "Company", TSXV: CAP) is pleased to announce that, further to its news release of April 24, 2017, the Company has entered into a definitive agreement (the "Agreement") with Star Goldfields Ltd. (the "Purchaser") that provides for the sale of substantially all of the assets of the Company (the "Transaction"). Pursuant to the Agreement, the [...]
Vancouver, British Columbia--(Newsfile Corp. - May 1, 2017) - Castle Peak Mining Ltd. (TSXV: CAP) ("Castle Peak" or the "Company") announced that, further to its news release dated April 24, 2017, Castle Peak has now received the initial non-refundable cash payment of US$200,000 from Ghana based Star Goldfields Ltd. (the "Purchaser") in further of the sale of the Akorade Project in southwest Ghana to the Purchaser. The [...]
Castle Peak Mining is pleased to announce the signing of a binding letter agreement with Star Goldfields Ltd. that provides for the sale of all of the Ghanaian assets of the Company. Pursuant to the LOI, the Purchaser will acquire the rights to all of the Company's exploration interests in the southern Ashanti Belt, Western Region, Ghana through a transaction to be finalized in a Definitive Agreement. In consideration [...]
Vancouver, British Columbia--(Newsfile Corp. - December 2, 2016) - Castle Peak Mining Ltd. (TSXV: CAP) ("Castle Peak" or the "Company") announces today that Darren Lindsay has resigned as Chief Executive Officer and President effective December 22, 2016. At this time the Board of Directors of the Company is in the process of setting up a CEO search committee, in the interim, if required, Mr. Brian Lock, Chairman, will be [...]
Castle Peak Mining is pleased to announce the results of its Annual General and Special Meeting of shareholders, and provides a general corporate and exploration update. Results of the Meeting At the Meeting held on November 16, 2016, the shareholders of the Corporation elected the five directors nominated by management in the Corporation's Management Information Circular dated October 14, 2016. The ordinary resolutions [...]
Castle Peak Mining, is pleased to announce the results of a limited scout drilling program on two key prospects within the Akorade Project located in the southern Ashanti Belt, Ghana. The results of the scout drilling are summarized below. Highlights: POW A1/3: Limited 300 meter ('m') scout drilling in a three hole fence testing strong geochemical anomaly and inferred structures resulted in 2m of 1.3 grams per tonne [...]
Castle Peak Mining, is pleased to announce that based on the results of the recently completed sampling program at the Akorade Project the Directors of the Company support initial drill evaluation of three prospects. The prospects of interest are within the Akorade Project located in the southern Ashanti Belt, Ghana. The results of the sampling are summarized below along with the objectives of the proposed drill program [...]
Vancouver, British Columbia--(Newsfile Corp. - August 16, 2016) - Castle Peak Mining Ltd. (TSXV: CAP) ("Castle Peak" or the "Company"), is pleased to announce that the field crew has completed the pre-drilling sampling program at the Akorade Project located in the southern Ashanti Belt, Ghana. A total of 328 auger samples have been submitted to the laboratory for analysis (includes 30 control samples) taken from five [...]
Vancouver, British Columbia--(Newsfile Corp. - July 20, 2016) - Castle Peak Mining Ltd. (TSXV: CAP) ("Castle Peak" or the "Company"), is pleased to announce that in preparation of drilling, a field crew is being mobilized to our priority prospects at the Akorade Project located in the southern Ashanti Belt, Ghana to: Complete a more detailed auger sampling survey of the Akoko Trend prospect to expand and define the two [...]