Chibougamau Independent Mines is pleased to announce that it has held a second and final closing of its previously-announced private placement by issuing 1,750,000 additional common shares at a price of $0.10 per share for proceeds of $175,000. Chibougamau will use the net proceeds from the private placement for working capital. As previously announced, at a first closing of the private placement held on December 28 [...]
Chibougamau Independent Mines Inc. is pleased to announce that it has completed its previously-announced "flow-through" private placement by issuing 2,168,966 "flow-through" shares at a price of $0.145 per share for proceeds of $314,500. Chibougamau will use the proceeds from the private placement for exploration on its properties in the Chibougamau area of Québec. At closing, Chibougamau also issued 120,000 common shares [...]
Chibougamau Independent Mines Inc. announces that it will effect a private placement of a maximum of 2,758,620 "flow-through" common shares at a price of $0.145 per share for maximum gross proceeds to Chibougamau of $400,000. Chibougamau will use the proceeds from the "flow-through" private placement for exploration on certain of its properties in Québec. Chibougamau also announces that it will effect a private placement [...]
ROUYN-NORANDA, Québec, Dec. 01, 2022 -- Chibougamau Independent Mines Inc. is pleased to report the results from drilling in the area of Chibougamau Independent's 100% owned Berrigan property in McKenzie township, northwest of the town of Chibougamau, Quebec. Two drill holes were completed: BT-22-14 for a total of 571.7 m and BT-22-15 for a total of 369 m. Hole BT-22-15 intersected two zones of highly anomalous zinc [...]
Chibougamau Independent Mines Inc. , herein called Chibougamau, wishes to update shareholders regarding its proposed drill program on the Bateman Bay property, including the C-3 copper/gold zone. The start of the program, as indicated in our press release dated December 24, 2020, was predicated upon ice conditions which would support the weight of a diamond drill and sundry equipment. Recent checks have shown that [...]
Not for distribution to U.S. news wire services or dissemination in the United States ROUYN-NORANDA, Qu?bec, Dec. 24, 2020 -- Chibougamau Independent Mines Inc. is pleased to announce that it has completed its previously-announced private placement by issuing 5,882,352 “flow-through” shares at a price of $0.17 per share for proceeds of approximately $1 million and 357,142 common shares at a price of $0.14 per share for [...]
Chibougamau Independent Mines Inc. announces that it will effect a non-brokered private placement of a maximum of 5,882,352 “flow-through” common shares at a price of $0.17 per share for maximum gross proceeds to Chibougamau of $1 million. Chibougamau will use the proceeds from the “flow-through” private placement for exploration on certain of its properties in Qu?bec. Chibougamau also announces that it will effect a [...]
Chibougamau Independent Mines Inc. , herein called Chibougamau, wishes to inform shareholders that as of 16:30 today, our offices located at Rouyn-Noranda, Quebec will close for a minimum of three weeks due to the ongoing Corona Virus crisis. Employees will work from home and we expect, in large part, to function as usual. Chibougamau is doing this in an abundance of caution to protect our most valuable asset, our staff [...]
Chibougamau Independent Mines Inc. , herein called Chibougamau, wishes to inform shareholders that we have completed a four hole drill program in the area of the C-3 copper/gold zone on our 100% owned Bateman Bay property, located 8 km east of the Town of Chibougamau, Quebec in McKenzie Township. Hole BJ-20-29 below is the last hole directed toward testing the C-3 zone of this drill program. Hole BJ-20-29 assayed as [...]
Chibougamau Independent Mines Inc. , herein called Chibougamau, is pleased to report the results of the deepest drill hole completed upon the C-3 copper/gold zone located on our Bateman Bay Mine property in McKenzie Township, Quebec, approximately 8 km east of the Town of Chibougamau. Hole BJ-20-27 was drilled to undercut previous Hole BJ-19-18 which at a vertical depth of approximately 450 m intersected 7.70% Cu, 3.58 [...]
Chibougamau Independent Mines Inc. wishes to provide shareholders with an update regarding exploration on our C-3 copper/gold zone, located in Roy Township, east of the town of Chibougamau, Quebec. Previously, in a series of press releases dated April 4, 2019, April 22, 2019, August 7, 2019 and August 8, 2019, significant intersections of copper, gold, silver and cobalt were reported. The deepest intersection was in Hole [...]
Chibougamau Independent Mines Inc. , herein called Chibougamau, wishes to inform shareholders that it has ended the current drill program at our 100% owned C-3 copper/gold discovery on the Bateman Bay property in the Chibougamau Mining Camp. Core from the last holes is currently being bound onto pallets and will be moved to our Rouyn-Noranda coreshack where final logging and core splitting will take place and samples sent [...]
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