CALGARY, Alberta, Oct. 26, 2017 (GLOBE NEWSWIRE) -- CANEX Metals Inc. (TSX-V:CANX) (“CANEX” or the “Company”) is pleased to announce final surface chip sampling results and 1 grab sample result from trenching conducted at the Gibson gold-silver project in British Columbia. Results for Trenches 4 to 7, plus sampling from new road cut exposures, are presented below. The 2017 Gibson trenching program [...]
CANEX Metals is pleased to announce surface chip sampling results and 2 grab sample results from trenching conducted during August at the Gibson gold-silver project in British Columbia. Results for Trenches 1 to 3 have been received and compiled and are presented below. Trench 1 exposed multiple mineralized zones including 4.0 g/t gold equivalent (Au Eq with 1.63 g/t Au and 176 g/t Ag) over 12 metres, including 24.1 g/t [...]
CANEX Metals is pleased to announce the Company has successfully completed trenching and surface sampling at the Gibson gold-silver project in British Columbia. The field program lasted just over two weeks and was conducted by a 4 person exploration team. During the program an access trail into the historic area of known mineralization was constructed, 8 trenches were excavated, and 157 surface rock samples and 445 soil [...]
CALGARY, ALBERTA--(Marketwired - Aug 3, 2017) - CANEX Metals Inc. (TSX VENTURE:CANX)("CANEX" or the "Company") is pleased to announce the Company has received exploration permits for the Gibson gold-silver project in British Columbia. The permits allow the Company to excavate up to 10 trenches and construct and drill from 6 drill pads at Gibson. A reclamation bond of $10,000 has been posted as part of the Gibson [...]
CALGARY, ALBERTA--(Marketwired - Jun 26, 2017) - CANEX Metals Inc. (TSX VENTURE:CANX) ("CANEX" or the "Company") is pleased to announce the Company completed a preliminary site visit to the Gibson gold-silver project. The visit focused on verifying logistics and access for the planned 2017 Phase 1 trenching program. The program was successful in locating and verifying historic access roads and drill pads. No outcrop was [...]
CALGARY, ALBERTA--(Marketwired - May 18, 2017) - CANEX Metals Inc. ("CANEX" or the "Company") (TSX VENTURE:CANX) announces it has signed a formal option agreement to acquire a 100% interest in the Gibson Prospect from Altius Resources Inc. ("Altius"), a wholly held subsidiary of Altius Minerals Corp. (TSX:ALS). Permits for exploration at Gibson have been submitted and planning is underway for a 2017 exploration program [...]
CALGARY, ALBERTA--(Marketwired - Apr 4, 2017) - CANEX Metals Inc. ("CANEX" or the "Company" formerly Northern Abitibi Mining Corp.) (TSX VENTURE:CANX) announces it has signed a Letter of Intent to acquire a 100% interest in the Gibson Prospect from Altius Resources Inc. ("Altius"), a wholly held subsidiary of Altius Minerals Corp. (TSX:ALS). The Gibson prospect is 887 Ha in size and located in central British Columbia [...]
Northern Abitibi Mining announces that it has received approval of the TSX Venture Exchange to change its name to CANEX Metals Inc. and to consolidate the Corporation's issued and outstanding common shares on the basis of five (5) pre-consolidation shares for one (1) post-consolidation share. The number of post-Consolidation shares issued and outstanding will be 21,461,425 common shares. Effective at the opening of [...]
Northern Abitibi Mining is pleased to report that at its Annual & Special Meeting, held on March 23, 2017, Shane Ebert, Jean-Pierre Jutras, Doug Cageorge and Lesley Hayes were re-elected to the Board of Directors. Shareholders also approved fixing the number of directors at four, the appointment of BDO Canada LLP as Auditors and ratified the Corporation's stock option plan. Up to a 5:1 share consolidation and name change [...]
Northern Abitibi announces that an additional matter of incidental business will be conducted at the annual and special meeting of shareholders scheduled for March 23, 2017. In conjunction with the proposed five-for-one consolidation of common shares of the Corporation being considered at the Meeting, the Corporation will seek to change its name from Northern Abitibi Mining Corp. to "CANEX Metals Inc." to better reflect [...]
Northern Abitibi is pleased to announce it has sold its 1.5% Net Smelter Returns Royalty from the Douay Gold Project in Quebec to Aurvista Gold for total cash consideration of C$ 325,000. The NSR Royalty sold covered 32 contiguous mining claims located in the north-central quadrant of the Douay District in an area known as the Northwest Zone. Northern Abitibi no longer has any claims or royalty interest in the Douay [...]
Northern Abitibi Mining announces that it has closed a brokered private placement with IBK Capital Corp. for 23,000,000 common shares at $0.01 per share for gross proceeds of $230,000. A cash commission of $20,700 and 2,300,000 Broker's Warrants were issued to eligible agents. Each Broker's Warrant entitles the holder to purchase one common shares and is exercisable for five years at $0.05 per share. The securities issued [...]
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