Golden Birch Resources Inc. is pleased to announce that the drill rig and equipment are now in place on the drill pad at the Omu drill target, Keveri Project, Papua New Guinea . Currently, the Company's team including drillers, geologists and local workers are on break for the period between Christmas and New Year's Day. During this period there is a caretaker crew at the Waki exploration Camp. Drilling is anticipated to [...]
Golden Birch Resources Inc. is pleased to announce that preparations for the initial drill program at the flagship Omu copper-gold prospect are nearing completion. Drilling at the Omu drill site of the Keveri Project, Papua New Guinea , is planned to begin in mid-December, 2020. Highlights: Drill targets defined ; Drill pad has been prepared ; Newly acquired CS 1000 drill rig expected to be delivered by helicopter to the [...]
Golden Birch Resources Inc. announces that further to its announcement on September 16, 2020,it has been informed that the parties to the action in the Western Australia Supreme Court have entered into a settlement agreement. The parties to the PMPL Action were a certain shareholder of Papuan Minerals Pty Ltd , the Directors of PMPL, and PMPL itself. The Company is not a party to the PMPL Action and neither PMPL nor [...]
Golden Birch Resources Inc. is pleased to provide an update on the drill rig mobilization and definition of a fourth exploration prospect Everi-Urua at the Keveri Project in Papua New Guinea . SUMMARY AND HIGHLIGHTS Newly acquired CS 1000 drill rig mobilized on October 7, 2020 from Burnie Port, Tasmania has arrived in Port Moresby, PNG November 6, 2020; After clearing customs, the rig will be transported to a supply depot [...]
Golden Birch Resources Inc. announces that pursuant to the Company's stock option plan and the policies of the Canadian Securities Exchange, it has granted 1,125,000 stock options to purchase common shares of the Company at a price of $0.20 per Share for a period of four years to certain consultants, employees, directors, and officers of the Company. About Golden Birch Resources Inc. Golden Birch Resources Inc. is a [...]
Golden Birch Resources Inc. wishes to advise the market that it has been informed of the commencement of court proceedings in the Western Australia Supreme Court by a shareholder of Papuan Minerals Pty Ltd against other shareholders of PMPL based on alleged “oppression”. Golden Birch is a party to an option agreement dated March 20, 2020 among PMPL and Papuan Minerals Ltd , a wholly-owned subsidiary of PMPL and the holder [...]
Golden Birch Resources is pleased to announce that it is preparing to begin a drilling program at the Omu copper-gold prospect located within the Company's flagship Keveri property, located in Papua New Guinea. The Omu Prospect is located approximately 180 km southeast of Port Moresby, PNG, and is one of several key copper-goldtargets at the Keveri Project. In late 2018 and early 2019, Golden Birch completed geological [...]
Golden Birch Resources announces that, in connection with its previously announced private placement, the Company has completed the third and final tranche of the Offering, for aggregate gross proceeds $1,724,501.85. The Offering was composed of the sale of units of the Company at a price of C$0.15 per Unit. Each Unit consisted of one common share in the capital of the Company and one Share purchase warrant. Each whole [...]
Golden Birch Resources announces that, in connection with its previously announced private placement, the Company has completed the second tranche of the Offering. The Offering is composed of the sale of units of the Company at a price of C$0.15 per Unit. Each Unit consists of one common share in the capital of the Company and one Share purchase warrant. Each whole Warrant shall entitle the holder to purchase one [...]
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