Minsud Resources Corp. is pleased to announce that, through Minera Sud Argentina, the Company's Argentine subsidiary, it has signed a trust agreement with the owners of the land where the central part of the Chita Valley Project is located. The property covers a surface area of 19,852 hectares, as shown in Map 1. Under the terms of the Trust Agreement, the owners of the land established the trust and agreed with Minsud to [...]
Minsud Resources Corp. is pleased to announce receipt of assay results from the initial eight drillholes completed in the ongoing Phase IV scout drilling program at Chita Valley Project. The Company commenced Phase IV drill program in May and plans to complete a 26,000 m program by first quarter of 2023. Fifteen drillholes were completed to date this year, encompassing a total of 10,000m. Assay results have been received [...]
Minsud Resources Corp. is pleased to announce that it has signed an agreement with San Juan Mining S.A. to acquire a mineral property named "Mina Gabriela" located in the central area of the Chita Valley Project. Under the terms of the Transfer Agreement, Minsud will acquire 100% of Mina Gabriela's rights for a cash purchase price of US$ 30,000. The Mina Gabriela property has an area of 30 hectares which is within and [...]
Minsud Resources Corp. is pleased to announce the commencement of Phase IV drilling program at the Chinchillones target area, part of the Chita Valley Project, located in the province of San Juan, Argentina. The program approved by Minsud and South32 Limited comprises a total of 26,000 m. The initial stage of the program will consist of 7,800 m, encompassing twelve drill holes, each between 650 to 800 m depth. The [...]
Minsud Resources Corp. is pleased to announce results from the last four drillholes completed in the Phase III program over the Chinchillones area, located at the Chita Valley Project, San Juan province, Argentina. The Company completed the largest annual drilling program over the Chita project encompassing 11,970 meters distributed in twenty-four drill holes. Highlights are listed below, along with the accompanying [...]
Minsud Resources is pleased to announce that it has granted an aggregate of 3,060,000 incentive stock options under the Company's stock option plan to certain directors, officers and employees of the Company. The options are exercisable at price of $0.30 per share, expire on February 11, 2027 and will be subject to the following vesting terms: one-quarter shall vest on February 11, 2022, one-quarter shall vest on August [...]
Minsud Resources is pleased to announce that certain holders of stock options have exercised an aggregate of 3,500,000 Options resulting in gross proceeds to the Company of $350,000. Each Option is exercisable for one common share of the Company at an exercise price of $0.10 per share. The Options were set to expire on December 22, 2021. About Minsud Resources Corp. Minsud is a mineral exploration company focused on [...]
Minsud Resources Corp. is pleased to announce receipt of assay results from the additional eight drillholes completed in the ongoing Phase 3 program over the Chinchillones area, located at the Chita Valley Project, San Juan province, Argentina. The Company is completing the largest annual drilling program over the Chita project area, encompassing approximately 12,000 meters by the end of December 2021. A total of [...]
Minsud Resources Corp. is pleased to announce that certain holders of common share purchase warrants have exercised an aggregate of 4,180,000 Warrants resulting in gross proceeds to the Company of $627,000. Each Warrant is exercisable for one common share of the Company at an exercise price of $0.15 per share. The Warrants were issued in connection with a private placement financing of the Company which had closed on [...]
Minsud Resources Corp. is pleased to announce that a wholly-owned subsidiary of South32 Limited has given notice of its intention to fund the third tranche exploration activities in 2022 as per the earn-in agreement executed on November 1, 2019. The 2022 program will largely include in-fill and scouting drilling, with the broader objectives of continuing the delineation of the resource footprint at Chinchillones area and [...]
TSX-V: MSR Minsud Resources Corp. is pleased to announce that Minera Sud Argentina, has exercised its option to purchase the remaining 50% beneficial interest in the Brechas Vacas Trust, and has become the indirect owner of 100% of the Brechas Vacas property. The Brechas Vacas property represents one of the main properties in the Company's flagship Chita Valley Project. MSA has paid the required sum of US$735,000 to the [...]
Minsud Resources Corp. is pleased to announce receipt of assay results from the additional seven drill holes completed in the ongoing Phase 3 program over the Chinchillones area, located at the Chita Valley Project, San Juan province, Argentina. Encouraged by the results received, the Company and its partner, a subsidiary of South32 Limited, have decided to extend this drilling program, with the aim of continuing [...]
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