Adyton Resources is pleased to report that leading international drone geophysics equipment and survey provider Geoscan under the direction of Adyton COO Dr Chris Bowden mobilized to Feni Island yesterday and commenced a drone magnetic and imagery/topographic survey. The survey utilizes the latest technology UAV drones and quantum magnetometers. Acquiring the data at a high-resolution will assist Adyton to better identify [...]
Adyton Resources is pleased to report that it has successfully completed the Wardens hearings for the renewal of the exploration licenses related to the Fergusson Island and Feni Island projects. The Hearings are a mandatory step in the renewal process for all exploration licenses in PNG and were conducted by senior Mineral Resources Authority Mining Warden Mr Kopi Wapa on Tuesday 15 October at Gameta village on Fergusson [...]
Adyton Resources is pleased to announce it has closed its previously announced non-brokered private placement offering, pursuant to which it has issued 53,000,000 common shares of the Company at a price of C$0.13 per Share for aggregate gross proceeds of C$6,890,000 or approximately US$5,000,000. As previously announced, the Company intends to use the net proceeds of the Financing for exploration activities primarily [...]
Adyton Resources Corp. is pleased to announce that it intends to undertake a non-brokered private placement offering, pursuant to which it proposes to issue up to 53,000,000 common shares of the Company at a price of C$0.13 per Share for aggregate gross proceeds of up to C$6,890,000. The Company intends to use the net proceeds from the Financing for exploration activities primarily focused on Feni Island, working capital [...]
Adyton Resources announces that it has filed its financial statements for the three and six months ended June 30, 2024 and accompanying Management Discussion and Analysis on its SEDAR+ profile. Tim Crossley, Chief Executive Officer Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this press release. Adyton Resources Corporation is focused on the [...]
Adyton Resources's wishes to announce that its Annual General Meeting was held in Brisbane, Australia on August 23, 2024. All matters provided in the Notice of Meeting were approved by shareholders including: i. The number of directors of the Company was fixed at four . ii. The persons elected as directors are: Sinton Spence - Timothy Crossley - David Irvine - Christopher Wilson iii. Pitcher Partners, Chartered [...]
Adyton Resources is pleased to report that Dr Chris Bowden who recently joined Adyton as Chief Operating Officer is now on Feni Island leading a team of PNG geologists and field assistants verifying previously reported information, collecting new rock samples and undertaking field mapping. CEO Statement "On the back of Dr Chris Wilson joining the Adyton Board as key geological technical adviser I am thrilled that Dr [...]
Numerous highly prospective copper-gold porphyry-epithermal targets remain untested. Gold mineralized sinters at active geothermal system at Kapkai 3km NW along structure from Kabang - analogous to the active geothermal system at Lihir Gold Mine . Gold mineralization up to 75g/t Au in silicified hydrothermal breccia at Natong 5.5km SE of existing Kabang Resource. Outcropping observations of copper-bearing intensely [...]
Confirmation of both epithermal and porphyry gold/copper potential beyond current resource New magnetic high porphyry targets and demagnetized epithermal target extensions to existing mineral resources have been identified Multiple untested drill target areas demonstrating potential for expansion of the existing resource and new proximal resource targets to the existing resource Adyton is preparing logistics for immediate [...]
]Adyton Resources is pleased to announce the appointment of former Friedland exploration manager Dr Chris Wilson as a Non-Executive Director to the Board. Dr Wilson's appointment is subject to TSXV approval and fills the vacancy created by the prior resignation of Mr Anthony Williamson. Dr Wilson, BSc, PhD, FAusIMM, FSEG, FGS, is a commercially-driven exploration geologist with over 30 years of global experience in area [...]
Adyton Resources announces that it has filed its financial statements for the three months ended March 31, 2024 and accompanying Management Discussion and Analysis on its SEDAR profile. Adyton Resources Corp. Tim Crossley, Chief Executive Officer Neither the TSX Venture Exchange nor its Regulation Services Provider accepts responsibility for the adequacy or accuracy of this press release. Adyton Resources is focused on [...]
]Adyton Resources is pleased to announce that a team of East Vision International Holdings PTE Ltd. technical experts and executive leadership completed a site visit to the Company's Fergusson Island Gold Project comprising the Wapolu and Gameta exploration licences. As announced on May 13, 2024, Adyton and EVIH executed a US$ 9.5M Investment and Development Agreement for the Fergusson Island Gold Projects, with the [...]