Chibougamau Independent Mines Inc. wishes to report that two additional sets of assays have been received from drill hole BJ-19-22 which was reported upon yesterday. Four metres above and adjoining the reported intersection of 3.01% Cu, 0.48 g/t Au, 20.20 g/t Ag and 0.025% Co over 45.40 m has assayed 1.44% Cu, 0.36 g/t Au, 5.55 g/t Ag and 0.078% Co over an additional true width of 1.34 m. Also, an additional copper/gold [...]
Chibougamau Independent Mines Inc. is providing assay results and an update on the current ongoing drill program at Chibougamau’s 100% owned Bateman Bay, C-3 copper/gold zone. Globex Mining Enterprises Inc. holds a 3% Gross Metal Royalty on the property. To date, 7 new holes have been completed totaling 3441 m. A number of holes had to be abandoned and restarted due to excessive deviation. One hole, BJ-19-23B, upon [...]
Chibougamau Independent Mines Inc. : CMAUF) announces that it has granted incentive stock options to certain directors and officers of the Company as well as geologists directly involved in exploration of Chibougamau’s properties to purchase up to 675,000 common shares in the capital stock of the Company under its share option plan. Each option entitles the holder to purchase one common share of the Company at an [...]
Chibougamau Independent Mines Inc. and GLOBEX MINING ENTERPRISES INC. are pleased to inform shareholders that we received the required permit to begin drilling on the C-3 Copper/Gold Zone located east of the town of Chibougamau, Quebec. The drill has been mobilized to the property and drilling has begun. Globex Mining Enterprises Inc. holds a 3% gross metal royalty on the property. The C-3 Zone is a significant [...]
Chibougamau Independent Mines Inc. is pleased to inform shareholders that it has signed a drill contract to undertake at least 3,400 metres of drilling in 8 holes on Chibougamau’s 100% owned C-3 copper/gold zone located in McKenzie township, approximately 8 km east of the town of Chibougamau, Quebec. On May 22, 2019, Chibougamau Independent Mines Inc. announced drill intersections from two holes BJ-19-17 which [...]
Chibougamau Independent Mines Inc. is pleased to announce that it has completed a non-brokered private placement by issuing 4,736,600 “flow-through” common shares to “accredited investors” at a price of $0.225 per share for proceeds to CIM of $1,065,735. CIM will use the proceeds from the sale of the “flow-through” shares for exploration on its properties in the Chibougamau area of [...]
Chibougamau Independent Mines Inc. is pleased to announce that Mr. David Lotan has been appointed to the Board of Directors of the Corporation. David Lotan is the President of Lotan Holdings Inc., an investment company focused on natural resource opportunities. On April 24, 2019, Lotan Holdings Inc. announced that it owns more than 10% of Chibougamau’s outstanding shares, and that it acquired such shares for [...]
Chibougamau Independent Mines Inc. : CMAUF) and Globex Mining Enterprises Inc. are pleased to update shareholders on work undertaken on Chibougamau’s 100% owned Bateman Bay and Grandroy Mine properties located in McKenzie Township, Quebec east of the town of Chibougamau. Globex holds a 3% Gross Metal Royalty on both properties. In September 2017, Chibougamau Independent Mines undertook a program of stripping on the [...]
Chibougamau Independent Mines Inc. : CMAUF) is pleased to inform shareholders that it will be drilling again at the C-3 Copper-Gold Zone on the Bateman Bay property and on the Grandroy Copper Gold Mine property, both in Roy township about 10 km east of the town of Chibougamau. Chibougamau has been quietly doing ground work over the last two years in order to define targets and to understand the genesis of a number of the [...]
Not for Distribution to U.S. News Wire Services, or Dissemination in the United States Chibougamau Independent Mines Inc. is pleased to announce that it has completed a non-brokered private placement by issuing 3,125,000 “flow-through” common shares at a price of $0.08 per share for proceeds of $250,000. Chibougamau Independent Mines Inc. will use the proceeds from the sale of the “flow-through&rdquo [...]
Chibougamau Independent Mines Inc. announces that it has changed its auditors from Deloitte to MNP Sencrl SRL/LLP effective September 29, 2017. At the request of the Company, the Former Auditors resigned as auditors of the Company effective September 29, 2017 and the board of directors of the Company appointed the Successor Auditor as the Company's auditor effective September 29, 2017 until the next Annual General Meeting [...]
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