Braveheart Resources Inc. is pleased to announce a 57% increase in copper metal in the new Mineral Resource for the Bull River Mine, near Cranbrook, B.C. The Mineral Resource estimate was independently prepared by Moose Mountain Technical Services under the supervision of Sue Bird, P.Eng. The current Mineral Resource is based on a 0.9% copper equivalent cut-off grade whereas the 2018 Mineral Resource was based on a 0.6 [...]
Braveheart Resources Inc. is pleased to announce that further to its press releases dated March 13, 2021 and April 21, 2021, the Company has amended the Concentrate Prepayment Agreement to extend the maturity date under the facility to September 30, 2023 or such earlier date if the Company is in default of the conditions under the agreement. In connection with the amendment, the Company has agreed to grant Ocean Partners [...]
Braveheart Resources Inc. is pleased to announce the following changes to the Board effective this date. Peter A. Lacey, ICD.D has agreed to join the Board as an Independent Director of the Company. Brian Murray, one of the co-founders of Braveheart and its longest standing Director has notified the Company of his intention to retire. Mr. Lacey is an international businessman and the founder and former Chairman of Cervus [...]
Braveheart Resources Inc. is pleased to report high grade copper and gold mineralization on the final two diamond drill holes from the H1 2021 diamond drill program. Ian Berzins, President and CEO commented "We are extremely pleased with the recent results from this year's drill program. The results indicate that we have mineralized material up to 175 metres below the lowest levels of the developed underground mine [...]
Braveheart Resources Inc. is pleased to report high grade copper and gold mineralization on the final two diamond drill holes from the H1 2021 diamond drill program. Ian Berzins, President and CEO commented, "We are extremely pleased with the recent results from this year's drill program. The results indicate that we have mineralized material up to 175 metres below the lowest levels of the developed underground mine [...]
Braveheart Resources Inc. is pleased to report on progress being made on permitting and construction activities at the Bull River Mine project . Braveheart continues to work closely with the British Columbia Ministry of Environment and Climate Change Strategy and the Ministry of Energy, Mines and Low Carbon Innovation on its application to restart the Project. The Company is pursuing a Joint Mines Act and Environmental [...]
Braveheart Resources Inc. has received additional metallurgical results from the recent drilling program at the Bull River Mine project. To-date the Company has received results for four of six holes in the H1 2021 diamond drill program. In addition to copper, gold and silver the Company has now received assays for cobalt. Cobalt mineralization was encountered in each of the four drill holes for which assays have been [...]
Braveheart Resources Inc. announces that it has entered into an amending agreement with Cadillac Ventures Inc. for the previously announced purchase of a 2% Net Smelter Royalty on the Thierry Mine Project. Under the terms of the amending agreement Braveheart will issue Cadillac an aggregate of 250,000 common shares of Braveheart and make a cash payment of $225,000 to repurchase the entire 2% NSR. Completion of the NSR [...]
Braveheart Resources Inc. has closed a financing for gross proceeds of $723,313. The financing is comprised of 7,233,130 units, priced at $0.10 per Unit for proceeds of up to $723,313. Each Unit consists of one common share and one common share purchase warrant. Each warrant is exercisable into a common share at a price of $0.14 per share for a period of 24 months from the Offering.
Braveheart Resources is pleased to report that it has intersected additional high grade copper mineralization at the Bull River Mine project. The H1 2021 diamond drill program has now been completed with a total of 1,050 metres drilled and assays received on four of six drill holes to-date. Ian Berzins, President and CEO commented, "We are pleased with the initial results from this year's drill program. The results [...]
Braveheart Resources Inc. is pleased to announce an increase in the financing previously announced on June 17, 2021 of $500,000 to up to $725,000 due to additional investor demand. The financing will consist of up to 7,250,000 units, priced at $0.10 per Unit for proceeds of up to $725,000. Each Unit consists of one common share and one common share purchase warrant. Each warrant is exercisable into a common share at a [...]
Braveheart Resources Inc. hereby announces a financing consisting of up to 5,000,000 units, priced at $0.10 per Unit for proceeds of $500,000. Each Unit consists of one common share and one common share purchase warrant. Each warrant is exercisable into a common share at a price of $0.14 per share for a period of 24 months from the Offering. The Company may pay finder's fees from the gross proceeds of the Offering in the [...]