Fredonia Mining Inc.

A wide hydrothermal breccia was intercepted in HDDH047, more than 200 meters below the surface, demonstrating the deepest mineralization reached thus far at Herradura Hill. HDDH047 intercepted significant gold mineralization at 269 meters, including 8.00 m @ 6.00 g/t Au Eq., including 3.00 m @ 12.65 g/t Au Eq. Broad intervals with stockworks and multiple high-grade gold veins in HDDH045 extend the gold mineralization to [...]

Fredonia Mining Inc. , is pleased to announce that it has received the remaining assays from the recently completed drilling programme at the Company's El Dorado Monserrat property, located in Santa Cruz, Argentina. As previously reported, 10 HQ diamond drill core holes were drilled at LH, with a further drill hole on the 'Gladys' prospect, 4.5 km to the northwest. In total 11 holes were drilled for 2,482.80m. "We are [...]

Fredonia Mining Inc. is pleased to announce it has continued from the Province of Alberta to the Province of Ontario pursuant to a resolution passed by shareholders of the Company at the Company's Annual General and Special Meeting held on October 12, 2021. The Continuance was made effective as of September 16, 2022. Copies of the Articles of Continuance and Ontario by-laws of the Company will be made available on the [...]

Fredonia Mining Inc. , is pleased to announce the completion of a further drilling program at its El Dorado Monserrat property, located in Santa Cruz, Argentina. 10 HQ diamond drill core holes were drilled at the La Herradura prospect, with a further drill hole on the 'Gladys' prospect, 4.5 km to the north west. In total 11 holes were drilled for 2,482.80m. "We are extremely pleased and encouraged with the continuity of [...]

Fredonia Mining Inc. is pleased to announce today the closing of its previously announced brokered private placement, consisting of a total of 22,606,779 units of the Company, which included the exercise of an option to increase the size of the Offering from the proposed base offering size, at a price of $0.18 per Unit for aggregate gross proceeds to the Company of approximately $4,069,220.22 . Each Unit consisted of one [...]

Fredonia Mining Inc. is pleased to announce the appointment of Mr. Omar Salas as Chief Financial Officer of the Company, succeeding Mr. Carlos Espinosa who will continue to act as an advisor to the Company through the transition period. Mr. Salas is a financial executive with extensive international experience in the mining industry, providing operations management, strategic planning, business development and financial [...]

Fredonia Mining Inc. is pleased to announce that in connection with its previously announced best efforts private placement offering the Company and Paradigm Capital Inc. have agreed to increase the size of the Offering. The Company will now issue 19,725,000 units at a price of $0.18 per Unit for total gross proceeds of $3,550,500. Each Unit will comprise one common share and one common share purchase warrant . Each [...]

Fredonia Mining Inc. is pleased to announce that it has entered into an agreement with Paradigm Capital Inc. in connection with a proposed best efforts private placement financing for total proceeds of approximately $3 million, consisting of a minimum of 17,000,000 units of the Company at a price of $0.18 per Unit. Each Unit will comprise one common share and one common share purchase warrant . Each Warrant will be [...]

Fredonia Mining Inc. is pleased to announce the completion of the initial phase of drilling at its Eldorado Monserrat property, located in Santa Cruz, Argentina. Six HQ diamond drill core holes were drilled at each of La Herradura and Monserrat Oeste. In total 12 holes were drilled for 3,424.3m. The field base at EDM will be reoccupied commencing January 31, 2022 after the holiday recess. Preparations are underway for the [...]

Fredonia Mining Inc. is pleased to announce the successful completion of the first of two phases of its drilling program at its flagship Eldorado Monserrat property, located in Santa Cruz. On the La Herradura project 1,583.5m of drilling were completed. Additionally, 1,841m was drilled on the Monserrat Oeste project for which assays are awaited. Phase one of the La Herradura drilling consisted of six HQ diamond drill [...]