Big Red Mining Corp. announces a private placement financing of up to 10,000,000 Common Shares of the Company at a price of C$0.10 per Common Share for gross proceeds to the Company of up to C$1,000,000. The net proceeds received from the Offering will be used by the Company for exploration and development activities and general working capital. About Big Red Mining Corp. Big Red holds an option to acquire a 100% interest [...]
Big Red Mining Corp. is pleased to announce the closing of its Non-Brokered Private Placement announced June 17, 2024. The Private Placement consisted of the issuance of 6,815,000 units of the Company at a price of C$0.02 per Unit for gross proceeds of $136,300 to the Company. Each Unit consisted of one common share in the capital of the Company and one-half of one common share purchase warrant . Each Warrant will entitle [...]
Big Red Mining Corp. announces a private placement financing of up to 7,500,000 units of the Company at a price of C$0.02 per Unit for gross proceeds to the Company of up to C$150,000. Each Unit will consist of one common share in the capital of the Company and one-half of one common share purchase warrant . Each Warrant will entitle the holder thereof to purchase one Common Share at an exercise price of C$0.05 for a [...]
Highlights: Copper Prince property contains two former copper producers - the Prince Mine and the Gerrelts Adit Historical Drilling returned copper values ranging from 1.0% to 4.8% over core lengths of 2.5m to 14.5m Big Red Mining Corp. is pleased to announce the continuation of exploration on its Properties in the Algoma area near Sault Ste Marie. The main Dobie Lake Copper Property has been expanded by approximately 520 [...]
Highlights: High grade copper was intersected in Drill hole DL-21-01 - 1.8% Cu over 6.8m, including 3.97% Cu over 1.8m and 2.05% Cu over 3.8m. Copper mineralization was encountered in all nine drill holes. Big Red Mining Corp. is pleased to announce the final results from the 2021 drilling program on the Dobie Lake Copper Property in Ontario. The drilling totalled 1222.8 meters in 9 holes with 758.8 meters on the [...]
Big Red Mining is pleased to announce preliminary results from its 1,200 m drill program comprising 9 holes on its Optioned Dobie Lake Copper Property in the Algoma Area of Ontario. The best results were obtained from Drill holes DL-21-01, DL-21-03 and DL-21-05. The chalcocite observed at 61.2 m depth in Drill hole DL-21-01 gave very high copper values as expected averaging nearly 4% copper over 1.8 meters. The zones in [...]
Big Red Mining is pleased to announce expansion of its Dobie Lake Copper Property to the east and west. Big Red has acquired more ground which will add approximately 2100 Acres to the existing Property. Location of No 1 and No 2 Zones on Dobie Lake Copper Property in Relation to Gryba and Skead Claims To view an enhanced version of Figure 1. Cobalt Claims The Cobalt claims lie to east of the Dobie Lake Copper claims . The [...]
Big Red Mining Inc. is pleased to announce the completion of a 1,900 m drill program comprising 9 holes on its Optioned Dobie Lake Copper Property in Ontario. The drilling program tested two of the known areas of potential copper mineralization on the Dobie Lake Copper Property - the Canamiska Zone and the newly discovered Alpha Vein of the No. 2 Zone. The Canamiska Zone drilling comprised 5 holes and focused on the area [...]
Big Red Mining is pleased to announce the appointment of Dr. Andrew J. Ramcharan to its Advisory Board. Dr. Ramcharan has an extensive background in exploration, project evaluation, investment banking and corporate development spanning over twenty years. Dr. Ramcharan recently was the Executive Vice President, Corporate Development for Roscan Gold Corp. where he has been instrumental in raising over $40 million and a [...]
Big Red Mining is pleased to announce the listing of its common shares for trading on the Deutsche Boerse AG under the symbol (WKN: A3C8M5) (FSE: K8J). With this listing, the Company's shares are now cross-listed on the CSE and the Frankfurt Stock Exchange, one of the largest stock exchanges in the world. Big Red anticipates the Frankfurt listing will help increase trading liquidity and facilitate investment in the [...]
Big Red Mining is pleased to report that the diamond drilling program on the Dobie Lake Copper Property in Ontario has commenced. Big Red's drilling will be initially focused on three copper mineralized zones - Canamiska Zone, the Number 2 Zone and the Number 1 Zone. The Canamiska Zone is a 3400 metre long EM and copper soil anomaly which was discovered and drilled in the mid-1960's. The zone trends northeasterly. Nine [...]
Big Red Mining announces that the Company's common shares will be listed for trading today on the Canadian Securities Exchange under the trading symbol "RED". Big Red holds an option to acquire a 100% interest in the Dobie Lake Copper Projecta. The Property is Located approximately 100 km from Sault Ste Marie, Ontario. Highway 546 crosses the property and there are ATV trails covering most of the property. The Property [...]
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