Minnova Corp. focused on the expansion and re-start of our 100% owned PL Gold Mine in central Manitoba is pleased to provide a corporate update on exploration and development strategy and corporate debt settlements originally announced July 9, 2020. Exploration Results and Strategy Following the conclusion of our PL Mine summer 2020 drill program where step out drilling confirmed the project's on-lease exploration [...]
Minnova Corp. focused on the expansion and restart of our 100% owned PL Gold Mine in central Manitoba, is pleased to announce further assay results from its Summer 2020 PL Mine on-lease exploration and resource expansion drilling program. Highlighted intercepts include: 11.7 g/t over 1.00 m 7.55 g/t over 1.00 m 6.99 g/t over 1.50 m 6.92 g/t over 1.20 m 10.7 g/t over 1.00 m 11.4 g/t over 1.00 m The purpose of the drilling [...]
Minnova Corp. is pleased to announce initial positive results from its Summer 2020 PL Mine on-lease exploration and resource expansion drilling program. Highlighted intercepts include; 6.33 g/t over 1.00 m 5.40 g/t over 1.00 m 5.37 g/t over 1.00 m 19.20 g/t over 1.00 m 7.86 g/t over 1.00 m The purpose of the drilling program was to demonstrate the exploration and resource expansion potential on strike from the PL Gold [...]
Minnova Corp. is pleased to provide a corporate update on our recently initiated PL Mine drill program. Following the close of a flow though financing on July 16, 2020 we initiated drilling on July 17, 2020. The drill program calls for approximately 2,000 meters of drilling focused outside of the current PL mineral resource and reserve to demonstrate the exploration and resource expansion potential on the permitted mining [...]
Minnova Corp. announces that further to its press release of June 19, 2020, the Company is pleased to announce the closing of a non-brokered private placement of flow-through units through the issuance of 4,275,000 FT Units at a price of $0.20 per FT Unit for gross proceeds of $855,000. Each FT Unit consists of one common share of the Company issued on a flow-through basis and one-half of a common share purchase warrant [...]
Minnova Corp. is pleased to announce that it has agreed to settle an aggregate of $600,000 of indebtedness owed to certain arm's length and non-arm's length creditors through the issuance of 3,000,000 common shares in the capital of the Company at a price of $0.20 per Common Share. All Common Shares issued in connection with the Debt Settlement are subject to a statutory hold period of four months and a day from the date [...]
Minnova Corp. is pleased to announce today non-brokered private placement financing to raise gross proceeds of up to $1,000,000 through the issuance of up to 5,000,000 flow-through Units at a price of $0.20 per Flow-Through Unit. Each Flow-Through Unit will consist of one common share of the Company issued on a flow-through basis and one-half of a Common Share purchase warrant . Each whole Warrant shall entitle the holder [...]
- Minnova Corp. , a discovery-stage exploration and gold development company is pleased to provide a corporate update on our ongoing Metallic Screens Fire Assay check assay program and our planned 2020 PL Mine re-start work program. Gorden Glenn, CEO commented "Gold price is now well over US$1,500 per ounce. It is worth reminding our shareholders and new investors of the PL Gold Mine's gold price leverage. Our positive [...]
Minnova Corp. is please to announce high grade gold assays from historical underground mine stockpiles from the Poderosa Vein on its La Esperanza discovery-stage project in Peru. During a recent site visit to prepare for a fall exploration and bulk sampling program on the La Esperanza vein our technical team re-visited the mine adit accessing the Poderosa vein to evaluate underground mine conditions. During the site visit [...]
Minnova Corp. wishes to provide an update it on its La Esperanza discovery-stage project in Peru, various business initiatives at the PL Gold Mine in Canada and its previously announced shares for debt transaction, further to its news release dated January 31, 2019. At the La Esperanza project in Peru, heavy seasonal rainfall has restricted access to the property resulting in a delay in receiving our work permit. We hope [...]
Minnova Corp. , a discovery-stage exploration and gold development company is pleased to provide a corporate update on our discovery stage La Esperanza property in Peru and our ongoing efforts to further de-risk and enhance our PL Mine re-start plan. Following the acquisition of the La Esperanza property in Peru in late October 2018 we engaged Peruvian consultants to complete requisite environmental studies and community [...]
Minnova Corp. , is an advanced-stage mining exploration and gold development company offering gold price leverage through our development-stage PL Gold Mine in central Manitoba and a new exploration property in Peru. On September 27, 2018 we announced a significant increase in reported gold grades from a check assaying program using Metallic Screen Fire Assay protocol on larger sample volumes versus the Original Fire [...]
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