Hemlo Explorers Inc. is pleased to announce that it has entered into binding share purchase agreements with shareholders of Rocky Shore Metals Ltd. pursuant to which the Company has agreed to acquire all of the issued and outstanding common shares of Rocky Shore in exchange for the issuance of an aggregate of 49,999,704 common shares in the capital of the Company . Pursuant to the terms of the Transaction, each Rocky [...]
Hemlo Explorers is pleased to announce that it has recently staked 153 claims for about 38 square km. The claims are located at the southeast end of the Queensway Project, which is controlled by New Found Gold Corp. The project area covers prospective ground over a major contact between the Middle Ridge intrusive rocks and the Gander Sedimentary Group. More importantly, the claims cover a major fault zone parallel to the [...]
The common shares of Hemlo Explorers Inc. have been approved for listing on the CSE. Listing and disclosure documents will be available at www.thecse.com on the trading date. Hemlo Explorers is a Canadian-based mineral exploration company with a portfolio of properties in Ontario and Nunavut. We are focused on generating shareholder value through the advancement of our main Hemlo area projects, including Project Idaho [...]
Hemlo Explorers is pleased to announce that it has received final approval from the Canadian Securities Exchange to list the Company's common shares on the CSE. In connection therewith, the Company has prepared a listing statement dated May 17, 2024, available on SEDAR+ under the Company's issuer profile on www.sedarplus.com. Additionally, the Company has applied to voluntarily delist the Common Shares from the TSX [...]
Hemlo Explorers is pleased to update its shareholders on the progress made by Barrick Gold Inc. on the Pic Project for the quarter ended Dec 31, 2023. Barrick continues to earn in to the Pic Project as announced in the Company's press release dated August 29, 2022. During the quarter ended Dec 31, 2023, Barrick's exploration team finalized results from their fall 2023 diamond drill program on the Pic Project, in which a [...]
Hemlo Explorers Inc. is pleased to announce that it has received the final tranche of the $200,000 that it was awarded under the Ontario Junior Exploration Program from the Ontario Government. This amount covered up to 50% of eligible exploration costs, to a maximum of $200,000 in respect of expenditures incurred by the Company during the period from April 1, 2023 to February 15, 2024. "We would like to thank the Ontario [...]
Hemlo Explorers Inc. is pleased to update its shareholders on the progress made by Barrick Gold Inc. on the Pic Project for the three months ended September 30, 2023. Barrick continues to earn into the Pic Project as announced in the Company's press release dated August 29, 2022. In the quarter ended September 30, 2023, Barrick's exploration team continued detailed work at Porphyry Lake, Page Lake, and around the Beggs [...]
Hemlo Explorers Inc. announced today the sale of its 0.5% net smelter return royalty on the Hawkins Gold Project, currently being explored under option by E2Gold Inc., to Vox Royalty Corp. for gross cash proceeds of C$100,000. The NSR royalty was not considered a core asset of the Company. About Hemlo Explorers Inc. Hemlo Explorers is a Canadian-based mineral exploration company with a portfolio of properties in Ontario [...]
Hemlo Explorers Inc. is pleased to provide an update on the results of its diamond drill program on Project Idaho, located two kilometres southeast of Generation Mining's Marathon Palladium-Copper Deposit . The drill program consisted of 6 diamond drill holes along a 3-kilometre strike length on the western side of Project Idaho. The program was designed to drill test geophysical VTEM anomalies situated along an inferred [...]
Hemlo Explorers Inc. is pleased to update its shareholders on the progress made by Barrick Gold on the Pic Project optioned from the Company for the six months ended June 30, 2023. Barrick is currently earning into the Pic Project as announced in the Company's press release dated August 29, 2022. In the quarter ended June 30, 2023, Barrick's exploration team executed till sampling across the northern portion of the Pic [...]
Hemlo Explorers Inc. is pleased to provide an update on its geological mapping and grab sampling program conducted on the eastern side of Project Idaho during the summer of 2023. Project Idaho is located 2-3 km east of the developing Marathon Cu-Pd deposit in the structurally complex region between the Coldwell Complex and Archean greenstone belt hosting the prolific Hemlo gold mine . Figure 1 - Project Idaho Regional [...]
Hemlo Explorers Inc. is pleased to announce that it has been selected to receive grant funding of up to $200,000 under the Ontario Junior Exploration Program from the Ontario Government. This amount will cover up to 50% of eligible exploration costs, to a maximum of $200,000 in respect of expenditures incurred by the Company during the period from April 1, 2023 to February 15, 2024. The Company also received a $200,000 [...]
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