Deep-South Resources Inc. announces that it has appointed Knight Piésold Consulting to conduct an Environmental and Social Impact Assessment pn the Haib Copper project in the south of Namibia. The ESIA will accompany a Feasibility Study on the project for the eventual filing for a Mining License. The ESIA comprises environmental, social and hydrogeological feasibility studies and a public participation program required [...]
Deep-South Resources Inc. announces that it has entered into an agreement with Ferrodrill Namibia Ltd in order to proceed with the drilling program on the Haib Copper project. Ferrodrill is a Namibian drilling contractor providing full drilling services since 2007 and has provided services to a large number companies from exploration to major mining companies. The contract provides for 5,000 meters of diamond drilling [...]
Deep-South Resources Inc. announces that the Company closed the second tranche of its oversubscribed non-brokered private placement for an amount totaling $1,803,282. The first tranche closed September 6, 2023 for an amount of $265,447. The two tranches together total $2,068,729. In aggregate, the two tranches of the Private Placement comprise 31,826,596 units of Deep-South, at a subscription price of $0.065 per Unit [...]
Deep-South Resources Inc. announces that the Company closed the first tranche of the recently announced non-brokered private placement. The first tranche closed for an amount of $265,447. The private placement is nearly fully subscribed and the second tranche will close on or about September 20, 2023. The first tranche will comprise 4,083,800 units at a price of $0.065 per unit. Each unit will consist of one common share [...]
Deep-South Resources Inc. announces the appointment of Matthew Starnes as an independent Director. Mr. Starnes is a lawyer with over 25 years of experience. Mr. Starnes is currently a consultant Peerpoint lawyer with Allen & Overy in Tokyo specializing in mining law. He acts as senior external counsel to Base Resources Toliara Sands project in Madagascar. Prior to this he was legal counsel in Sumitomo Corporation's [...]
Deep-South Resources Inc. announces a non-brokered private placement for the sale of up to 30,769,231 units of the Company at a price of C$0.065 per Unit for gross proceeds of up to C$2,000,000. Red Cloud Securities Inc. will be acting as a finder in connection with the Offering. Each Unit will be comprised of one common share of the Company and one half of one common share purchase warrant . Each Warrant will entitle the [...]
Deep-South Resources Inc. announces that it has changed its auditors from Smythe LLP to Crowe MacKay LLP effective August 18, 2023. At the request of the Company, the Former Auditor resigned as the auditor of the Company and the Board of Directors of the Company appointed the Successor Auditor as the new Auditor effective August 18, 2023, until the close of the Company's next Annual General Meeting. There were no [...]
Deep-South Resources Inc. announces that it has appointed Earthmaps Consulting of Namibia for the interpretation of airborne magnetic data on the Luanshya West project in Zambia. Pierre Leveille, President & CEO of Deep-South stated that: "We are pleased to have appointed Earthmaps. Klaus Knupp vast experience will help generating copper exploration targets on our Luanshya West project in Zambia. This mandate will [...]
Deep-South Resources Inc. announces that it has appointed the MSA Group of South Africa to produce an updated National Instrument 43-101 Mineral Resource Estimate for the Company's 100%-owned advanced Haib copper project located in the south of Namibia. The mandate of MSA was interrupted when the Ministry of Mines refused to approve the renewal of the Haib Copper license. The Mineral Resource Estimate and subsequent [...]
Deep-South Resources Inc. announces the third batch of assay results from its drilling program interrupted in June 2021 at its Haib Copper project in southern Namibia. The program was interrupted when the Ministry of Mines and Energy of Namibia had denied the renewal of the Haib Copper licence EPL 3140. Results from 12 drill holes have been received after the renewal denial of ...
VANCOUVER, BC, July 10, 2023 /CNW/ - Trading resumes in: Company: Deep-South Resources Inc. TSX-Venture Symbol: DSM All Issues: Yes Resumption : 10:00 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which oversees all investment dealers and [...]
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