Wedgemount Resources Corp. , is pleased to announce the signing of a Definitive Agreement , replacing the non-binding letter of intent announced October 27, 2022 for the acquisition of oil and gas assets located in the prolific Permian Basin of West-Central Texas. Highlights of the Assets: Premier location in the Permian Basin of West-Central Texas - North America's #1 oil producing region Partnered with San Antonio based [...]
Wedgemount Resources Corp. , announces that it has made application to the Canadian Securities Exchange , to extend the term of 1,383,748 common share purchase warrants that were issued under the Company's private placement of units completed on July 9, 2021, that were set to expire on January 9, 2023. The Warrants have exercise prices of $0.70 and $0.85 per common share and there are 1,236,480 and 147,268 respectively [...]
Wedgemount Resources Corp. , is pleased to announce that Derek Stonehouse has been retained by the Company to provide consulting services in the role of Senior Geoscientist. Mr. Stonehouse will assist the Company with technical matters related to its proposed oil and gas acquisition located in the prolific Permian Basin of West Texas. Mark Vanry, President and CEO of Wedgemount comments, "We're extremely pleased to have [...]
Wedgemount Resources Corp. , is pleased to announce that it has entered into an assignment of a non-binding letter of intent for the purchase of oil and gas assets located in the prolific Permian Basin of west Texas. The LOI is with an arm's length private company located in Texas, USA. The assignor is a private company also located in Texas that provides oil field and consulting services . Highlights: Building a new [...]
Wedgemount Resources Corp. , is pleased to announce the commencement of its 2022 field exploration program at its road accessible Friendly Lake copper-gold property in south-central British Columbia. The Friendly project is located approximately 100km north of the city of Kamloops, BC and lies within the productive mineral belt of the Quesnel Trough, host of many of British Columbia's alkalic copper‐gold porphyry [...]
Wedgemount Resources Corp. , is pleased to announce that commencing market open on February 9, 2022, its common shares will be listed for trading on the OTCQB® Venture Market under the trading symbol WDGRF. Wedgemount's President and CEO, Mr. Mark Vanry, comments, "We are very excited to provide this platform to our existing and prospective U.S. shareholders. The OTCQB listing is an important milestone for Wedgemount and [...]
Wedgemount Resources Corp. , is pleased to update shareholders on results to date on the Company's Phase 1 2021 field exploration program at the Friendly Lake copper-gold property in south-central British Columbia. Friendly was the Company's third copper-focused exploration program of the 2021 exploration season. Highlights: Expanded zones of porphyry-related copper and gold mineralization: Areas with abundant coarse [...]
Wedgemount Resources Corp. , announces that it has amended the terms of the option agreement signed in September 2020 with ArcWest Exploration Inc. for its Eagle Property . Pursuant to the Agreement, exploration expenditures of $250,000 were required on the Property prior to December 31, 2021, which has been completed, as well as a minimum 1000 meters of exploration drilling . Wedgemount and ArcWest have agreed to extend [...]
Wedgemount Resources Corp. , is pleased to announce preliminary results from its first induced polarization survey at the Company's road accessible Eagle copper - gold project, located in the highly prospective Quesnel trough copper - gold porphyry belt of central British Columbia. Key Highlights: The IP survey included 20.5 line kilometres covering an area of approximately 8.75 km2; focused on the 3.5 kilometre long [...]
Wedgemount Resources Corp. has approved the grant of incentive stock options to acquire up to 400,000 common shares in the capital of the Company . The Options are exercisable for a five-year term expiring on December 3, 2026 at a price of $0.165 per Option. The Options are subject to vesting provisions, with 1/4 vesting 3 months from grant date and 1/4 vesting every 3 months thereafter. Any Common Shares issued pursuant [...]
Wedgemount Resources Corp. , is pleased to announce that it has commenced an Induced Polarization survey at the Company's road accessible Eagle copper - gold project, located in the highly prospective Quesnel trough copper-gold porphyry belt of central British Columbia. The program will include up to 22.0 line kilometres of ground IP survey focused on the 3.5 kilometre Nighthawk-Mid-Vector copper-gold mineralized trend [...]
Wedgemount Resources Corp. , is pleased to update shareholders on assay results from the Company's Phase 1 Cookie exploration program. The 29,000 hectare Cookie copper-gold property is located in the prolific southern Toodoggone copper belt of north-central British Columbia. Highlights Up to 14.8% copper and 88 g/t silver was sampled in mineralized veins in the Overstall zone located in the northwest portion of the [...]
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