Kainantu Resources Ltd. is pleased to announce the execution of definitive agreements to acquire control of the May River Project in the world-renowned copper-gold district of Frieda River. Matthew Salthouse, Chief Executive Officer commented: "The May River Project is an exciting acquisition for KRL, given its location in an exceptionally prospective and proven district for significant copper-gold projects. May River [...]
Kainantu Resources Ltd. is pleased to announce that the Company's shares have been accepted for listing on the Frankfurt Stock Exchange and commenced trading on June 9, 2021 under the symbol "6J0". The Company's common shares are now cross listed on the TSX Venture Exchange and the FSE. The FSE is one of the world's leading international stock exchanges by revenue, profitability, and market capitalization and is the [...]
Kainantu Resources Ltd. is pleased to provide an update on the exploration outcomes at KRL South, its highly prospective project located in the Kainantu region of Papua New Guinea. Highlights Successful outcomes from ridge-and-spur auger sampling in the Tirokave area of KRL South; Definition of three distinct gold prospects: East Avaninofi Prospect, Yaoro Ridge Prospect and Kerefa Prospect; High-grade 40.13 g/t Au rock [...]
Kainantu Resources Ltd. is pleased to report the filing of its first quarter results for the interim period ending February 28, 2021 , a copy of which is available for review on the Company's website. Highlights over the period include: Completion of a private placement and raising C$4.1 million to support the development of highly prospective gold tenements in the Kainantu region of Papua New Guinea; Re-commenced trading [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to provide an update on exploration activities at KRL North, the Company's highly prospective tenements located in the NE of the Kainantu region, Papua New Guinea . Highlights Adjacent to the Bilimoia Mineral Field, KRL North borders on and shares similar geological attributes to the high-grade gold deposits currently being mined by K92 [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold mining company, is pleased to provide an update on its exploration strategy at KRL South, one of the Company's core projects located in the highly prospective Kainantu region, Papua New Guinea. Highlights Ongoing work continues to support the expectation that KRL South is a high-quality exploration target, in close proximity to existing miners and located in the [...]
Kainantu Resources Ltd. , is pleased to report the filing of its annual and fourth quarter results for the fiscal year ending November 30, 2020 . It is noted that the Results are for the period ending immediately prior to the closing of the qualifying transaction , where PLB Capital Corporation acquired all of the issued and outstanding shares of Kainantu Resources Pte Ltd . PLB was also renamed Kainantu Resources Ltd[...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold exploration company, is pleased to confirm the extension of rights to explore and consolidation of its tenements at KRL's core projects in the highly prospective Kainantu region. Transfer of Core Tenements to KRL KRL's principal holding subsidiaries were demerged from Asia Pacific Energy Ventures Pte Ltd and Pacific Energy Consulting Limited on June 1, 2020, prior to [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold exploration company, announces that it has changed auditors from De Visser Gray LLP to Davidson & Company LLP , effective February 11, 2021. At the request of the Company, De Visser Gray has resigned as of the effective date of February 11, 2021. Davidson & Company has been appointed as the successor auditor. In accordance with National Instrument 51-102 - Continuous [...]
Kainantu Resources Ltd. , the Asia-Pacific focused gold exploration company, is pleased to acknowledge the support and recognition of the Papua New Guinea Minister of Mining, the Hon. Johnson Tuke. Minister's Endorsement In his press release dated December 18, 2020, the Minister noted the proactive approach KRL has taken in working with the people of PNG in developing a new mining venture in the world renowned Kainantu [...]
Kainantu Resources Ltd. today commences trading on the TSX-Venture, having closed its qualifying transaction with PLB Capital Corp. and private placement of C$4.1 million, as detailed in the press release dated December 3, 2020. KRL provides investors with a unique platform for entry-level access to an Asia-Pacific based junior with a high-quality project, in a globally recognised gold mining district. With an immediate [...]
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