Cache Exploration announces that it has closed its previously announced financing raising an aggregate of $1,500,000, through the sale of 5,000,000 units at $0.20 comprised of one common share and one common share purchase warrant at $0.25 per share for two years and the sale of 2,500,000 flow through units at $0.20 per unit with half warrant for two years at $0.25. All of the securities to be issued are subject to a four [...]
Cache Exploration announces that as a result of a review by the British Columbia Securities Commission, Cache is issuing this news release to clarify its disclosure. The Company stated that their Investor Presentations and Fact Sheets were NOT for public disclosure. The Company clarifies that this information is indeed intended for public disclosure. The Company also stated that the information in the Investor [...]
Cache Exploration is pleased to announce that it has completed drill holes KI17-001 and KI17-002 to a combined length of 496 meters as part of its summer drill program at Kiyuk Lake, Nunavut. Both holes were drilled in the Rusty Zone which has returned numerous assay results above 3.3 g/t Au. A total of 100 samples from KI17-001 were shipped to the SGS Canada Inc. in Red Lake for gold analysis. In addition, 100 till [...]
Cache Exploration announces that it shall reprice its financing, previously announced on June 29, 2017, of 5,000,000 units at $0.22 with half warrant at $0.32 to be replaced with new pricing at $0.20 per unit comprised of one share plus a warrant exercisable at $.25 per share for two years. This financing has now been fully subscribed and will close soon. The Company also wishes to cancel and reprice the previously [...]
Cache Exploration is pleased to announce that it has commenced drilling the first hole of its summer drill program at Kiyuk Lake, Nunavut. Rusty Zone To view plan map of Rusty drilling. Drilling is currently underway at the Rusty Zone, an area of intense magnetic anomalism where gold mineralization is characterized by brecciated sandstone with an infill of albite, actinolite, calcite, dolomite, quartz, and magnetite with [...]
Cache Exploration is pleased to announce that it has staff on site preparing the Kiyuk Lake Gold Property to commence drilling in late July, 2017. Preparation will be quick as fuel, drills and a 35-person camp are on site and ready to go. Cache will be proceeding with a minimum 2,000 M drill program. CEO, Jack Bal Comments: "With a 15 Km strike length and multiple gold showings over 3g/t we are keen to increase our [...]
Cache Exploration announces that it has cancelled its non-brokered private placement announced on May 23, 2017 and will conduct a newly priced non-brokered private placement of up to 5,000,000 units at $0.22 per unit. Each Unit will consist of one common share and one half common share purchase warrant. Each Warrant will entitle the holder to purchase one half additional common share (a "Warrant Share") at an exercise [...]
Cache Exploration is pleased to announce that it has obtained the water license and land use permit extension to allow for both summer and winter drilling and camp operations for multiple years at Kiyuk Lake. The water license is granted for a five year term and the land use permit is renewed annually. CEO, Jack Bal Comments: "These permits allow Cache to actively explore our Kiyuk Lake property this summer and next [...]
Cache Exploration is pleased to announce its summer exploration program at the Kiyuk Lake Nunavut Gold Project commencing mid-July, 2017. The exploration program will consist of drilling, till sampling and prospecting. This will be the first exploration work at Kiyuk since the successful 2013 drill program. CEO, Jack Bal Comments: "12,000 m of previous drilling from 2008-2013 returned highly promising results at Kiyuk [...]
Cache Exploration announces a non-brokered private placement to sell up to 6,000,000 units at a price of $0.25 per unit for gross proceeds of up to $1,500,000. Each Unit consists of one common share and one half common share purchase warrant. Each Warrant will entitle the holder to purchase one half additional common share at an exercise price of $0.35 per Warrant Share. The Warrant Share is exercisable for the first two [...]
Cache Exploration is pleased to announce the appointment of Dean Pekeski to the Cache Board of Directors. CEO Jack Bal comments, "Dean Pekeski provides invaluable perspective to both our technical and management teams. Dean is a seasoned, Professional Geologist with years of experience in exploration and high level project management. I warmly welcome Dean to our Board". Dean Pekeski Mr. Pekeski is a Professional [...]
Cache Exploration announces that due to personal reasons Robert Bick has resigned as a Director of Cache effective April 12, 2017. About Cache Exploration Cache Exploration is focused on its Kiyuk Lake Property in Nunavut. Kiyuk Lake Property Highlights - A true district play covering a majority proportion of the Proterozoic Kiyuk Basin - 12,000 meter drill database: 2008-2013 - Gold Showings over a 15 Km Strike Length [...]
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