Newpath Resources announces, further to its announcement on September 29, 2023, it has closed its private placement. The Company issued 2,005,000 units at a price of $0.15 per Unit for total proceeds of $300,750. Each Unit is comprised of one common share and one-half of one common share purchase warrant. Each Warrant entitles the holder to acquire an additional common share of the Company for a period of 12 months from [...]
Newpath Resources announces that the Company plans to complete a private placement offering of up to $300,000 by issuance of up to 2,000,000 units at a price of $0.15 per unit. Each unit will be comprised of one common share in the capital of the Company and one-half of one common share purchase warrant. Each Warrant shall entitle the holder to acquire an additional common share of the Company for a period of 12 months [...]
Newpath Resources is pleased to announce that it has successfully mobilized its first field crew to the Alpha/Bravo Project for preliminary geological reconnaissance utilizing the extensive road network on the property. The Alpha/Bravo claim group is comprised of 2,974 claim units covering an area of 63,118 Ha, making it one of the larger, early-stage lithium exploration land packages in the region. This initial site [...]
Newpath Resources is pleased to announce the staking of 24 new claim units in the Anders Lake Area, Ontario contiguous to the northeastern corner of the Alpha/Bravo claim group increasing the project's footprint to over 63,600 hectares. The new claims were registered on behalf of Newpath on May 13, 2023 and will be subject to the same option agreement the Company entered into on December 7, 2022 . Alpha/Bravo was [...]
Newpath Resources Inc. is pleased to announce the appointment of Jerry Blackwell as a Strategic Advisor to the Company effective immediately. Mr. Blackwell is a self-employed consultant based in Vancouver with extensive greenfields and brownfields exploration experience throughout Canada, Western United States, Mexico and Latin America, with short assignments in parts of Africa, Europe, Greenland, Australia and southeast [...]
Newpath Resources Inc. is pleased to provide an overview of its property acquisition strategy, exploration initiatives, and corporate activities in 2023. Newpath's recently consolidated Alpha/Bravo Project covers 66,597 Ha in northern Ontario . The Project is the largest known land package amongst junior exploration companies exploring for lithium and other battery metals in the province of Ontario. The land package is to [...]
Newpath Resources Inc. is pleased to announce that is has staked additional ground, expanding the size of its Alpha/Bravo Claim Group, the largest of three claim groups that comprise the Company's Orefield Project. The new claims were acquired on behalf of and are 100% owned by Newpath. The Orefield Project includes the Alpha/Bravo, Charlie and Delta claim groups and is comprised of 3,140 claim units covering an area [...]
Newpath Resources Inc. is pleased to update shareholders on our plans for our Northshore Gold Project located in the Schreiber-Hemlo Greenstone Belt. In October of 2022, the Company released an updated Mineral Resource Estimate for North Shore . The updated MRE outlined a pit constrained inferred mineral resource containing 240,100 of gold contained in 6,511,000 tonnes at an average grade of 1.15 grams per tonne Au. The [...]
Newpath Resources Inc. announces the appointment of a Chief Operating Officer, Douglas Turnbull. Mr. Turnbull is a consulting geologist with over 35 years of experience in diamond, precious, and base metal exploration. He holds an Honours Bachelor of Science degree in Geology and is a Qualified Professional Geoscientist recognized by the Engineers and Geoscientists of British Columbia. Mr. Turnbull is the President of [...]
Newpath Resources Inc. is pleased to announce that it has staked an additional 576 mining claims in two separate blocks within the Thunder Bay mining division of Northern Ontario. The new claims were acquired on behalf of and are 100% owned by Newpath . A total of 522 new claims were registered immediately south of and contiguous to the Company's existing Alpha/Bravo claim group . With the addition of the new claims, the [...]
Newpath Resources Inc. is pleased to announce that it has completed the closing of its second and final tranche of its previously announced non-brokered private placement by issuing 1,928,571 units at a price of $0.07 per Unit. The total gross proceeds raised from the Second Tranche is $135,000 and a total net proceeds of $105,000, as $30,000 was part of a repayment to a consultant of the Company. The total gross proceeds [...]
Newpath Resources is pleased to announce that it has entered into an option agreement dated Dec. 7, 2022 with arm's length parties under which the Company was granted the option to acquire a 100% interest in 949 unpatented mineral claims over approximately 204 km2 in Ontario. Under the terms of the Agreement, the Company has the option to acquire a 100% interest in the Project (the "Option") by
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