Advance United Holdings Inc. is pleased to provide an update report from James Atkinson, CEO and Chairman. Dear fellow shareholders, service providers, and followers of Advance United, Thank you for your support in 2022 and continued help as we move into 2023 which is shaping up to be an exciting year for Advance United and the gold industry. While 2022 saw volatile commodity prices and challenging market conditions for [...]
Highlights 2022 work program identifies half kilometer mineralized Volcanic Massive Sulfide zone anomaly with assay results testing up to 4.89% copper including other critical metal assets. 10 of 15 drill hole results currently reported including drill hole BL-22-06, intersecting 4.59% copper, high grade copper over 3.2 meters in a 11.75 meter zone averaging 1.51% copper and containing notable zinc, gold, and silver [...]
Highlights Channel sampling in the known VLF EM anomalies identified the critical metals copper and zinc, results include 1.58% Cu and 4.93% Zn in the massive sulfide zones. 14 areas were stripped of overburden to expose bedrock and 10 areas were channel sampled for a total of 89 samples over a total length of 85 meters. Area "M" showed highly anomalous gold up to 0.33 g/t along with the copper of 1.58%. Advance United[...]
Advance United Holdings Inc. is pleased to announce that further to its press releases of September 14, 2022 and October 25, 2022, it has closed its previously announced non-brokered private placement through the issuance of 1,687,500 units in the capital of the Company at a price of $0.08 per Unit for gross proceeds of $135,000. Each Unit is comprised of one common share in the capital of the Company and one-half of one [...]
The completion of recent ground VLF EM survey reveals numerous structures of interest on the Paint Lake Road Joint Venture property in the Wawa area of Ontario, an area renowned for gold and base metal ores. Highlights The completed ground geophysical VLF EM survey shows many structures of interest and identifies at least six northeasterly trending EM anomalies which may be related to shear zones cutting intrusive rocks [...]
Advance United Holdings Inc. is pleased to announce completion of the preliminary diamond drilling program at their Buck Lake Property in the Batchawana Greenstone Belt in northern Ontario. The program comprised a total of 2,543 meters across 15 diamond drill holes. The program was focused on exploring the previously identified VLF-EM anomaly in the vicinity of the 1986 Noranda drill hole. The drill hole previously [...]
Advance United Holdings Inc. is pleased to announce that further to its press release of September 14, 2022, it has closed its previously announced non-brokered private placement through the issuance of 460,000 units in the capital of the Company at a price of $0.08 per Unit and 70,000 common shares in the capital of the Company, issued on a "flow-through basis" at a price of $0.10 per FT Share for aggregate gross [...]
HIGHLIGHTS Access to abandoned gold mine established Historically identified gold veins sampled, returning 22.5 g/t gold over a length of 25m and 16.22 g/t gold over a length of 85m in the underground workings Melba Gold Mine represents an excellent example of the application of our strategy - abandoned mines brought into the twenty-first century Advance United Holdings Inc. is pleased to report on the completion of its [...]
Advance United Holdings Inc. is pleased to announce a non-brokered private placement of up to 2,500,000 units in the capital of the Company at a price of $0.08 per Unit and up to 3,000,000 common shares in the capital of the Company, issued on a "flow-through basis" at a price of $0.10 per FT Share for aggregate gross proceeds of up to $500,000. Each Unit will be comprised of one common share in the capital of the Company [...]
Advance United Holdings Inc. is pleased to announce the Company received approval from OTC Markets Group for the Company to be crosslisted and trade on the OTCQB Venture Market as of August 11, 2022. The Company's ticker symbol is AUHIF. Stock information and the Company trading information can be found here: https://www.otcmarkets.com/stock/AUHIF/overview The Company has worked over the past nine months to implement the [...]
Advance United Holdings Inc. is pleased to announce it has settled an aggregate of $3,500 of indebtedness to a creditor of the Company through the issuance of 50,000 common shares in the capital of the Company at a price of $0.07 per Common Share . The Common Shares issued pursuant to the Debt Settlement are subject to a four-month hold period and completion of the transaction remains subject to final acceptance of the [...]
Advance United Holdings Inc. is pleased to announce the acquisition of two adjacent gold properties in the Township of Melba, in the Kirkland Lake Ontario area in the Abitibi Greenstone Belt of Kirkland Lake, Ontario, Canada. Figure 1: Property map of Melba claims with gold showings To view an enhanced version of Figure 1, please visit: https://images.newsfilecorp.com/files/8072/131833_f2c89004d43ff84c_001full.jpg. The [...]