Nevada Exploration Inc. announced today that, following approval from the TSX Venture Exchange, the previously announced consolidation of the Company's outstanding common shares on a twenty-five for one basis will become effective on February 15, 2023. About Nevada Exploration Inc. Led by an international team of explorers, NGE is applying modern technology to systematically explore for the undiscovered second half of [...]
Nevada Exploration Inc. announces that it intends to complete the share consolidation of its common shares on the basis of twenty-five pre-Consolidation Common Shares for one post-Consolidation Common Share. The Consolidation was approved by the Company's shareholders at a meeting duly held on January 24, 2023 and disclosed in the Company's news release dated January 25, 2023. The proposed Consolidation will change the [...]
Nevada Exploration Inc. reports the results of its annual general and special meeting of shareholders held on January 24, 2023 in Vancouver, British Columbia. All motions presented to the shareholders were approved. A total of 56,988,783 shares were represented in person or by proxy at the meeting, being 33.697% of the issued and outstanding shares at the record date. A summary of the Meeting results is outlined below [...]
Nevada Exploration Inc. is pleased to announce the appointment of Anne Labelle as Interim President & Chief Executive Officer. Ms. Labelle has significant expertise in all areas of mineral exploration, development and mining, and has served in roles of increasing responsibility over the past three decades as a geologist, as a lawyer, as an executive and as a corporate director. An expert in sustainable development, she [...]
Nevada Exploration Inc. announces a change in senior Management with the resignation of Mr. James Buskard, President and CEO and a director of the Company. While Mr. Buskard is stepping down as an officer and director of the Company due to personal reasons, he will continue to support the Company in an advisory role. The Company also announces that Dennis Higgs has resigned as a director and Chairman of the Board [...]
Nevada Exploration Inc. reports that it has sold a 2% net smelter return royalty covering its current portfolio of Nevada gold projects to Bronco Creek Exploration Inc., a wholly owned subsidiary of EMX Royalty Corporation , for a purchase price of $500,000 USD. NGE may buy back a total of 1% of the Royalty on each project by: purchasing 0.5% for $1,000,000 USD anytime prior to the 7th anniversary of the agreement; and [...]
Nevada Exploration Inc. announces a non-brokered private placement offering of up to 40,000,000 units at a price of $0.025 CAD per Unit , for total gross proceeds of up to $1,000,000 CAD. 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 additional Common Share at an exercise price of $0.05 CAD per [...]
Nevada Exploration Inc. provides project updates and announces it is seeking expressions of interest to fund work programs to advance its portfolio of gold exploration projects in Nevada. South Grass Valley At the Company's flagship South Grass Valley Carlin-type gold project, located approximately 50 kilometres south-southwest of Nevada Gold Mines' Cortez complex, a reverse circulation drill rig has arrived to install a [...]
Nevada Exploration is pleased to provide a progress update from its South Grass Valley Carlin-type gold project located 50 km south-southwest of Nevada Gold Mines’ Cortez complex, including reporting assays for drillhole SGVC013A, the completion of drillhole SGVC014A, and the release of an updated geologic model. Discussing the progress, NGE Chief Discovery Officer, Wade Hodges: “The objectives of our most-recently [...]
Nevada Exploration is pleased to announce that its partner Austin Gold Corp. has commenced drilling at NGE’s Kelly Creek Carlin-type gold project pursuant to an Exploration and Option to Enter JV Agreement under which Austin has the right to earn a 51% interest in the project by spending $4,750,000, with the election to earn an additional 19% by delivering a prefeasibility study. Additionally, NGE also announces that [...]
Nevada Exploration is pleased to provide an update from the ongoing core drilling program at its South Grass Valley Carlin-type gold projectlocated 50 kilometres south-southwest of Nevada Gold Mines’ Cortez complex. Drillhole SGVC014 was stopped in early May at 575 metres due to the drill steel breaking at 347 m, which NGE’s drill contractor Drill NV believes was the result of ongoing challenges associated with voids [...]
Nevada Exploration Inc. is pleased to provide its April update from the ongoing exploration program at its South Grass Valley Carlin-type gold project, as well as invite its stakeholders to visit with its management and technical team at several upcoming industry conferences. Current drill hole SGVC014 is advancing at an 80-degree angle to the east, along the projected margin of the Grass Valley Stock, and is currently at [...]