Nevada Exploration Inc. is pleased to announce that it has closed the acquisition of 35,467 hectares of mineral claims in Saskatchewan. A 100% ownership of the claims was purchased by Nevada Exploration Inc. for total consideration of CAD$40,000 with no further financial commitment to the Vendor. The Vendor does not retain any interest or royalty in the property. The claims are located on the Southeastern margin of the [...]
Nevada Exploration Inc. is pleased to announce that it has closed the previously announced private placement offering , pursuant to which it has issued 5,500,000 units at a price of $0.11 per Unit, for gross proceeds of $605,000 - an increase of $55,000 from the $550,000 contemplated in the news release dated February 20, 2024. Each Unit consists of one common share in the capital of the Company and one Common Share [...]
Nevada Exploration Inc. announces that further to its news release dated February 20, 2024, that due to excess demand the private placement has been increased from C$550,000 to up to C$605,000. Subject to TSX Venture Exchange approval, the Company now intends to complete a non-brokered private placement offering of up to 5,500,000 units at a price of C$0.11 per Unit , for total gross proceeds of up to C$605,000. Each Unit [...]
Nevada Exploration Inc. announces the assays for drillhole SGVC014A at its South Grass Valley property, property acquisition negotiations, addition of directors, and a private placement financing. As previously released, the Company began drilling SGVC014 in March 2022. The drillhole was stopped at 574 metres due to broken ground conditions that sheared the drill rods, after which the drillhole was redrilled and sampled [...]
Nevada Exploration Inc. announces the retirement of Anne Labelle as president, CEO, and director effective December 31, 2023. The Company thanks Ms. Labelle for her service and wishes her the best in her future endeavours. Darcy Higgs has been appointed interim CEO effective December 31, 2023. About Nevada Exploration Inc. NGE is applying modern technology to systematically explore for the undiscovered second half of [...]
Nevada Exploration Inc. announces the payment of annual maintenance fees to the US Bureau of Land Management for certain claims covering priority drill targets at its Nevada properties. In total 862 of what the Company considers to be the most prospective claims have been retained and the remaining 1,534 have been relinquished. The most prospective claims at the Company's flagship South Grass Valley Project have been [...]
Nevada Exploration Inc. announces with great respect and gratitude the retirement of Ms. Nancy Richter from the Board of Directors. Ms. Richter's significant experience in Carlin-type gold deposits has been invaluable during her tenure as Director and the Company is fortunate that she will continue to provide guidance and expertise in a consulting role going forward. About Nancy Richter Ms. Richter is an economic [...]
Nevada Exploration Inc. is pleased to announce that it has closed its previously announced non-brokered private placement offering , pursuant to which it has issued 13,000,000 units at a price of $0.11 per Unit, for gross proceeds of $1,430,000. Each Unit will consist of one common share in the capital of the Company and one Common Share purchase warrant , with each Warrant entitling the holder thereof to acquire an [...]
Nevada Exploration Inc. announces a non-brokered private placement offering of up to 13,000,000 units at a price of $0.11 CAD per Unit , for total gross proceeds of up to C$1,430,000. Units priced at CAD$0.11 to be Comprised of one Common Share and a full Warrant Each Unit will consist of one common share in the capital of the Company and one Common Share purchase warrant , with each Warrant entitling the holder thereof [...]
Nevada Exploration Inc. announces the departure of Wade Hodges. Wade Hodges resigns from Nevada Exploration Mr. Hodges has tendered his resignation and, effective June 30, 2023, will have no further role with Nevada Exploration Inc., nor with its wholly owned subsidiary Pediment Gold Ltd. The Company appreciates Mr. Hodges' contributions to the Company over the past two decades in his former roles as a founder, and as a [...]
Nevada Exploration Inc. provides the following update regarding its Kelly Creek property: Kelly Creek JV Partner Austin Gold Notifies Company of Termination of Certain Claims The Company's Joint Venture Partner Austin Gold Corp. has informed the Company that it will terminate certain leases and claim holdings within the Kelly Creek project, representing approximately 60% of the original claim holdings. The Company's [...]
Nevada Exploration Inc. provides the following update: Data Review and Target Generation The Company has engaged certain experts to conduct a comprehensive compilation, review and verification of the Company's data that have been collected in various formats over the past two decades. These data include hydrogeochemistry, drill-logs, assays, and geological interpretations. On completion of the review, the Company's team [...]
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