HIGHLIGHTS Quartz Mountain has received from C.J. Greig & Associates Ltd. a National Instrument 43-101 Technical Report on its Maestro Gold-Silver-Molybdenum-Copper Property located in central British Columbia. The Technical Report outlines key exploration targets including the Prodigy Zone, a priority exploration target for bulk tonnage gold and silver mineralization. Select assay results from past operators' drilling in [...]
Quartz Mountain Resources Ltd. , is pleased to announce the appointment of Robert Dickinson as Chairman and CEO, effective May 30, 2022. Mr. Dickinson, Quartz Mountain's largest shareholder, is an economic geologist, Canadian Mining Hall of Fame Inductee, and co-founder and Chairman of the Hunter Dickinson group. He has played a central role in the discovery, advancement and funding of many important porphyry deposits. He [...]
Quartz Mountain Resources Ltd. is pleased to announce that further to its December 8, 2021 news release, the Company has received approval from the TSX Venture Exchange for its acquisition of the Jake Property located approximately 160km northeast of Smithers, British Columbia from United Mineral Services Ltd. . The Jake Property is being targeted for its copper-gold porphyry potential. UMS is a private company owned by [...]
Quartz Mountain Resources Ltd. , announces that the Company's Board of Directors has approved the grant of stock options exercisable for a total of 1,955,700 common shares to a director. All Options were granted pursuant to the Company's stock option plan and are subject to the requirements of the TSX Venture Exchange. The Options were granted at an exercise price of $0.20, being the last closing price of the [...]
Quartz Mountain Resources Ltd. announces that it has entered into a mineral claims purchase agreement to acquire the Jake Property located approximately 160km northeast of Smithers, British Columbia from United Mineral Services Ltd. . The Jake Property is being targeted for its copper-gold porphyry potential. UMS is a private company owned by Robert Dickinson, the controlling shareholder of the Company and a [...]
Quartz Mountain Resources Ltd. has completed the acquisition transaction announced on June 10, 2021. Under a mineral claims purchase agreement dated June 8, 2021 between the Company and Impala Capital Corp. , the Company will acquire a 100% interest in nine mineral claims located near Houston, British Columbia . Under the terms of the Agreement, the Company acquired a 100% interest in the Property by making $105,000 in [...]
Quartz Mountain Resources Ltd. announces that it has entered into a mineral claims purchase agreement to purchase nine mineral claims located near Houston, British Columbia for CAD$105,000 in cash and 1,000,000 shares in the capital of the Company, subject to TSX Venture Exchange approval. The claims are subject to a 2.5% NSR which can be bought-down to 1% for $1.5 million. There are no required work commitments for these [...]
Quartz Mountain Resources Ltd. announces that it has sold 100% of its 1% Net Smelter Return Royalty on the Quartz Mountain Gold Property, located in Oregon for US$150,000. The Purchaser is an arms length third party. The Company acquired the Royalty when it sold the Quartz Mountain Gold Property to Seabridge Resources Inc. in 2001. For further details, contact Investor Services at 684-6365 or within North America at [...]
Quartz Mountain Resources Ltd. announces that it will undertake a forward share split on the basis of two additional common shares for every one common share currently outstanding. The record date for the Share Split will be May 28, 2020. The Company's common shares will begin trading on a post-Share Split basis, under the existing ticker symbol, effective at the open of markets on May 27, 2020. The Share Split is being [...]
Quartz Mountain Resources Ltd. announces that the Company has completed the $500,000 private placement announced on December 30, 2019. The Company also advises that it issued 600,000 shares on December 6, 2019 in settlement of debt. For further details, contact Investor Services at 684-6365 or within North America at 1-800-667-2114. On behalf of the Board of Directors Leonie Tomlinson Director Neither the TSX Venture [...]
Quartz Mountain Resources Ltd. announces that it has arranged a private placement of 4,545,455 units at a price of $0.11 per Unit with insiders of the Company for proceeds of approximately $500,000. Each Unit consists of one common share and one warrant of the Company. Each Warrant allows the holder to purchase one flow-through common share at a price of $0.15 for a period five years. Completion of the financing is [...]
Quartz Mountain Resources Ltd. is pleased to report that the previously announced consolidation of its common shares on the basis of one post-Consolidation common share for every ten pre-Consolidation common shares will be effective on January 2, 2018 and trading of the Company's common shares will commence on a consolidated basis on the TSX Venture Exchange at the opening on such date. The Consolidation has been approved [...]
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