Olivut Resources Ltd. hereby provides an exploration update for the 2024 field program conducted on the Seahorse Project . A mini bulk sample was collected to follow-up previously reported extremely positive results of one macrodiamond of greater than 1mm and 19 microdiamonds found in heavy mineral beach sand concentrates taken from the same area. Several of these previously reported microdiamonds have features that [...]
Olivut Resources Ltd. is pleased to announce that the Company has closed a non-brokered private placement comprised of 7,462,500 common shares for proceeds of $597,000 at a price of $0.08 per Common Share. The Common Shares are subject to resale restrictions pursuant to applicable securities laws requirements and will not be freely tradable until four months after the date of issue. Olivut will use the proceeds of the [...]
Olivut Resources Ltd. , is pleased to provide an exploration update. Results of a recent sampling program on the Seahorse Project, a 50/50 joint venture between the Company and Talmora Diamond Inc., have become available. Saskatchewan Research Council has reported the recovery of 18 microdiamonds from caustic fusion analysis of a 323.35 kg sample of beach sand heavy mineral concentrate taken proximal to the main Seahorse [...]
Olivut Resources Ltd. is pleased to announce the addition of Mr. Kenny Ruptash to the Board of Directors of the Corporation. Currently, Mr. Ruptash serves as President of Nahanni Construction, based in Yellowknife, Northwest Territories . Over the past 20 years he has played a significant role in northern mine development and reclamation, gaining expertise in the construction and remediation of mine sites. During this [...]
Olivut Resources Ltd. is pleased to announce that the Company has closed a non-brokered private placement comprised of 6,100,000 common shares for proceeds of $305,000 at a price of $0.05 per Common Share. The Common Shares are subject to resale restrictions pursuant to applicable securities laws requirements and will not be freely tradable until four months after the date of issue. Olivut will use the proceeds of the [...]
Olivut Resources Ltd. , is pleased to provide an exploration update. Results of recent further sample analyses from the Seahorse Project, a 50/50 joint venture between the Company and Talmora Diamond Inc., have become available. Saskatchewan Research Council has reported the recovery of one macrodiamond from caustic fusion analysis of a beach sand heavy mineral concentrate sample weighing 1.8 kg taken proximal to the main [...]
Olivut Resources Ltd. , is pleased to provide an exploration update. Results of recent further analyses of samples from the Seahorse Project, a 50/50 joint venture between the Company and Talmora Diamond Inc., have become available. Selected samples from the Seahorse Project were recently sent to Saskatchewan Research Council's new rare earth element facility established in 2022 for the purpose of conducting rare earth [...]
Olivut Resources Ltd. is pleased to announce that the Company has closed a non-brokered private placement comprised of 6,000,000 common shares for proceeds of $300,000 at a price of $0.05 per Common Share. The Common Shares are subject to resale restrictions pursuant to applicable securities laws requirements and will not be freely tradable until four months after the date of issue. The Private Placement was unanimously [...]
Olivut Resources Ltd. , announces that it has granted stock options to certain Directors, Officers and Consultants of the Company pursuant to the Company's stock option plan to purchase up to 2,545,000 common shares in the capital of the Company at an exercise price of $0.05 per common share. The stock options will expire on June 27, 2032. The grant of options is subject to regulatory approval, including approval of the [...]
Olivut Resources Ltd. , announces that it has granted stock options to certain Directors, Officers and Consultants of the Company pursuant to the Company's stock option plan to purchase up to 2,545,000 common shares in the capital of the Company at an exercise price of $0.05 per common share. The stock options will expire on June 27, 2032. The grant of options is subject to regulatory approval, including approval of the [...]
Olivut Resources Ltd. , announces that it has granted stock options to certain Directors, Officers and Consultants of the Company pursuant to the Company's stock option plan to purchase up to 2,545,000 common shares in the capital of the Company at an exercise price of $0.05 per common share. The stock options will expire on June 27, 2032. The grant of options is subject to regulatory approval, including approval of the [...]
North Peak Resources Ltd. provides the following update on the work programs underway pursuant to its option to purchase the Black Horse gold property located near Ely, Nevada, which was last drilled in 1999. The agreement with Minex LLC, the property owner, to obtain this option was signed in December 2021. North Peak then obtained permits in January to carry out core and reverse circulation drilling programs, including [...]
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