Braveheart Resources Inc. is pleased to announce that it has entered into a new option agreement to acquire a 100% interest in the past-producing Alpine Mine Property near Nelson, British Columbia. Braveheart previously held an option on the property during the period November 2016 until December 2019. The original option agreement was terminated when the Company failed to make a staged progress payment. Gold prices have [...]
Braveheart Resources Inc. has filed a Preliminary Economic Assessment for its newly acquired Thierry Mine Project near Pickle Lake, Ontario on the System for Electronic Document Analysis and Retrieval at www.sedar.com. The PEA was independently prepared by P&E Mining Consultants Inc. of Brampton, Ontario under the supervision of Eugene J. Puritch, P.Eng., FEC, CET and previously announced in a press release on January 14 [...]
Braveheart Resources Inc. is pleased to announce positive initial results for the application of ore sorting on the stockpiled mineralized material at its 100% owned Bull River Mine project near Cranbrook, British Columbia. Braveheart recently sent samples from a stockpile of mineralized material consisting of copper, gold and silver at Bull River to the TOMRA Sorting Solutions facility in Hamburg, Germany. TOMRA designs [...]
Braveheart Resources Inc. is pleased to announce that silver by-product credits are becoming increasingly significant to Braveheart at its 100% owned Bull River copper, gold and silver mine project and its 100% owned Thierry Mine Project copper, nickel and silver project. Braveheart recently announced the completion of a positive Preliminary Economic Assessment for Thierry near Pickle Lake, Ontario . A NI 43-101 Technical [...]
Braveheart Resources Inc. is pleased to announce that, based on the results of a positive Preliminary Economic Assessment for its newly acquired Thierry Mine Project near Pickle Lake, Ontario , the Company has negotiated the repurchase of a 2% Net Smelter Royalty from Cadillac Ventures Inc. for a consideration of 2,500,000 common shares of Braveheart. As per the Share Purchase Agreement dated October 21, 2020 and the [...]
Braveheart Resources Inc. is pleased to announce the completion of a positive Preliminary Economic Assessment for its newly acquired Thierry Mine Project near Pickle Lake, Ontario. The PEA was independently prepared by P&E Mining Consultants Inc. of Brampton, Ontario under the supervision of Eugene J. Puritch, P.Eng., FEC, CET. Highlights of the PEA This PEA is focused solely on mining of the Mineral Resources at the [...]
Braveheart Resources Inc. is pleased to announce that it has renegotiated terms of its senior secured loan agreement with Matlock Farms Ltd , a company controlled by Aaron Matlock, a director of Braveheart. The loan, which has a principal amount of $5,000,000 and was put in place in January 2019, carries an interest of 14.8% for a term of four years. Effective January 19th, 2021, the interest rate will be reduced to 10 [...]
Braveheart Resources Inc. is pleased to announce the commencement of an ore sorting study for its 100% owned Bull River copper, gold and silver mine project. Braveheart has engaged ABH Engineering , a world leader in ore sorting technology assessment and installation, to complete this study. Ore sorting or pre-concentration of mineralized material has the potential benefit of increasing the mill feed grade which can [...]
Braveheart Resources Inc. is pleased to report the commencement of a National Instrument 43-101 Preliminary Economic Assessment on the recently acquired Thierry Mine Project located near Pickle Lake in northwest Ontario, Canada. The Company has engaged Eugene Puritch, P.Eng., FEC, CET to direct and manage a team of independent consultants with P&E Mining Consultants Inc. to complete the PEA. The most recent independent NI [...]
Braveheart Resources Inc. and Cadillac Ventures Inc. are pleased to announce that they have closed on the previously announced purchase by Braveheart of a 100% interest in the Thierry Mine Project near Pickle Lake, Ontario from Cadillac . Braveheart has purchased all the shares of Cadillac Ventures Holdings Inc., Cadillac's wholly-owned subsidiary which owns the Thierry Project, for a total consideration of $275,000 cash [...]
Braveheart Resources Inc. and Cadillac Ventures Inc. are pleased to announce that they have amended the definitive share purchase agreement with respect to the previously announced purchase by Braveheart of a 100% interest in the Thierry Mine Project near Pickle Lake, Ontario from Cadillac. The Definitive Agreement for Braveheart to purchase all the shares of Cadillac Ventures Holdings Inc., Cadillac's wholly-owned [...]
Braveheart Resources Inc. is pleased to announce that it has closed a financing. The financing consists of 3,047,115 units , priced at $0.10 per Unit for proceeds of up to $304,711 . 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 $0.15 per share for a period of two years from the Offering. The financing is subject to TSX Venture [...]
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