Northern Abitibi announces that it has engaged IBK Capital to complete a best efforts private placement of a minimum of 17,500,000 common shares up to a maximum of 30,000,000 common shares at $0.01 per share for minimum proceeds of $175,000 and maximum proceeds of $300,000. IBK Capital will be paid a cash commission of 9% of the amount raised and 10% of the amount raised in broker warrants. Each broker warrant entitles [...]
Northern Abitibi is pleased to announce it has staked the Cariboo Gold Property located in central British Columbia. The Cariboo Gold Property is 30 kilometres southeast of Quesnel, with good road access, located in the heart of the Cariboo gold fields which have produced several million ounces of gold from both placer and lode deposits. Major deposits located south and southeast of the Cariboo Gold Property include the [...]
Northern Abitibi is pleased to announce assay results for surface sampling at the Company's Ches property in Central British Columbia. During 2014 the Company excavated, mapped, and sampled, 7 trenches at Ches and collected a total of 274 surface rock samples for assay. Trenching and surface mapping have successfully traced alteration and variable sulfide mineralization over an area at least 1.5 km long by 0.5 km wide [...]
Northern Abitibi Mining is pleased to announce that the planned 2014 exploration program has been completed at the Company's Ches property in Central British Columbia. The 9 day exploration program included the mechanical excavation of 7 trenches which were subsequently washed, mapped, and chip sampled. During the program a total of 274 surface rock samples were collected and sent to Activation Laboratories in Kamloops [...]
Northern Abitibi is pleased to announce that exploration will commence shortly at the Ches property in Central British Columbia. An evacuation order for the area was issued in July due to a large uncontrolled wildfire over the Ches project area. This order has recently been lifted and Northern Abitibi exploration personnel can now access the area. The Company will immediately start a field program consisting of mapping [...]
Northern Abitibi announces that a large uncontrolled wild fire in central British Columbia has indefinitely delayed the planned exploration program at the Ches property in Central British Columbia. The Chelaslie River fire in central British Columbia is currently over 113,000 hectares in size and has burned the entire area covered by the Company's Ches claims. Northern Abitibi has no equipment or assets on the property so [...]
Northern Abitibi is pleased to report that at its Annual & Special Meeting, held on June 2, 2014, 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, ratifying the Corporation's stock option plan and a 5:1 share consolidation.
Northern Abitibi is pleased to announce that it has received TSX Venture Exchange conditional approval for the option agreement to earn a 100% interest in the Ches copper-molybdenum-tungsten property located in central British Columbia. Northern Abitibi can earn a 100% interest in the Ches Property by making staged cash and share payments over 4 years totaling $50,000 cash and 1.6 million shares at a deemed value of $0.05 [...]
Northern Abitibi is pleased to announce that a budget for a 2014 exploration program at the Ches property has been approved and an exploration program is being planned. A budget of up to $67,000 has been approved for a first pass exploration program at the Ches Property. This exploration program will consist of mapping, soil and rock channel sampling, and excavator trenching to evaluate and expand known zones of [...]
Northern Abitibi is pleased to announce it has entered into an option agreement to earn a 100% interest in the Ches copper-molybdenum-tungsten property located in central British Columbia. The road accessible Ches Property is located 80 kilometres south of Burns Lake on the south side of Ootsa Lake. Mineralization was first uncovered following the construction of a logging road in 1985.
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