Nevada Exploration Inc. announces a non-brokered private placement offering of up to 2,000,000 units at a price of $0.25 per Unit , for total gross proceeds of up to $500,000. Each Unit will consist of one common share in the capital of the Company and one-half of one Common Share purchase warrant , with each whole Warrant entitling the holder thereof to acquire an additional Common Share at an exercise price of $0.45 per [...]
Nevada Exploration Inc. is very pleased to report that the assay results from hole SGVC004 of its ongoing core drilling program at its South Grass Valley Project have extended the thick intervals of enriched Carlin-type gold deposit pathfinder elements previously announced in holes SGVC002 and SGVC003 a further 1,200 metres to the south. With these three holes, spaced a total of 2,500 metres along the interpreted strike [...]
Nevada Exploration Inc. is very pleased to report that the early results from its ongoing core drilling program at its South Grass Valley Project have established the presence of a large hydrothermal system defined by intense and widespread hydrothermal alteration across three drill holes, together nearly 2,500 metres apart, and that the assay results from the first two holes received to date confirm this widespread [...]
Nevada Exploration Inc. is pleased to announce the engagement of PNW Corporate Services & Advisory Ltd. to provide the services of Ms. Christina Blacker, who has been appointed to the role of Chief Financial Officer of the Company. Ms. Blacker is a Chartered Professional Accountant and has more than 13 years of experience working with public companies, predominantly in the mining industry, including current roles as [...]
Nevada Exploration Inc. is pleased to provide guidance on the scope and objectives of its recently begun core drilling program at its South Grass Valley Project, and to announce that new geophysical datasets combined with early information from its drilling program have provided additional confirmation for the Company’s geologic model at the Project, including the presence of shallow, intensely-altered [...]
Nevada Exploration Inc. is pleased to announce that it has mobilized a core drill rig to begin drilling at its South Grass Valley Project, located in Grass Valley, the covered basin immediately south of the Cortez district, which currently produces approximately one million ounces per year. NGE plans to provide a Project update and guidance on both the objectives and expected scope of the drilling program once the Company [...]
Nevada Exploration Inc. is pleased to announce that it has closed the second and final tranche of the previously announced private placement offering , pursuant to which it has issued 5,628,000 units at a price of $0.125 per Unit, for gross proceeds of $703,500. Together with the first tranche closed on August 29, 2018, the Company has raised aggregate gross proceeds of $2,000,000, issuing a total of 16,000,000 Units [...]
Nevada Exploration Inc. announces that it has closed the first tranche of the previously announced private placement offering , pursuant to which it has issued 10,372,000 units at a price of $0.125 per Unit, for gross proceeds of $1,296,500. Each Unit consists of one common share in the capital of the Company and one-half of one Common Share purchase warrant , with each whole Warrant entitling the holder to acquire an [...]
Nevada Exploration Inc. announces that further to its news release dated August 10, 2018, that due to excess demand the private placement has been increased from $1,500,000 to up to $2,000,000. Subject to TSX Venture Exchange approval, the Company now intends to complete a non-brokered private placement offering of up to 16,000,000 units at a price of $0.125 per Unit , for total gross proceeds of up to $2,000,000. Each [...]
Nevada Exploration Inc. announces a non-brokered private placement offering of up to 12,000,000 units at a price of $0.125 per Unit , for total gross proceeds of up to $1,500,000. Each Unit will consist of one common share in the capital of the Company and one-half of one Common Share purchase warrant , with each whole Warrant entitling the holder thereof to acquire an additional Common Share at an exercise price of [...]
RENO, Nev., July 11, 2018 -- Nevada Exploration Inc. is pleased to report that its ongoing work at South Grass Valley has established further evidence for a Carlin-type mineral system at the Project. Specifically, based on the latest research on the size and nature of the isotope and geochemical footprints surrounding large Carlin-type gold deposits in Nevada, NGE believes that the bedrock exposed in outcrop at Goodwin [...]
Nevada Exploration is pleased to report that a review of historic drilling at its South Grass Valley Project has provided further evidence for the presence of shallow hydrothermally-altered lower-plate bedrock at the company’s South Grass Valley Project. The Company is also pleased to report that it has significantly increased its land holdings at the Project by staking 227 new claims covering 1,900 ha, bringing the [...]