Gold Basin Resources announced the closing of its previously disclosed non-brokered private placement through the issuance of 6,422,335 common shares in the capital of the Company at a price of $0.15 per Share for gross proceeds of $963,350. The net proceeds from the Financing are intended to fund ongoing fieldwork and exploration campaigns at Gold Basin's mineral projects and for general working capital. In connection [...]
Gold Basin Resources announces that, further to its news release of August 8th, 2023, it has increased its Financing to up to C$943,000 from the previously announced C$500,000. All other aspects of the Financing remain as disclosed in the August 8th news release. The Company also announces the appointment of Jacqueline Collins as Corporate Secretary of the Company. Mr. Stephen Pearce has resigned his position as Corporate [...]
Gold Basin Resources announced that it intends to complete a non-brokered private placement through the issuance of a minimum of 3,333,333 common shares in the capital of the Company at a price of $0.15 per Share for minimum gross proceeds of $500,000 CAD. The Company anticipates closing the Financing later this month. The proceeds of the Financing are intended to fund ongoing fieldwork and exploration campaigns at Gold [...]
Gold Basin Resources Corp. announced preliminary results from the 2,224-metre follow-up reverse-circulation drill program at the Company's 100%-owned Gold Basin oxide gold project. Multiple at- or near-surface oxide gold intercepts at the Red Cloud Deposit over 60 metres in thickness, including: 69.08 m @ 1.03 g/t Au from 6.10 m in hole CM23-022A incl. 48.77 m @ 1.31 g/t Au from 10.67 m 64.01 m @ 0.56 g/t Au from 0.00 m [...]
Gold Basin Resources Corp. announced preliminary soil and rock assays collected during a Q2 2023 sampling and prospecting program at the Company's 100%-owned Gold Basin oxide gold project. Soil and rock assays define three kilometre-scale gold anomalies, including 3.25-km-long and 1.7-km-long trends north of the Cyclopic oxide gold deposit, and a 1.0-km-long trend located 2.3 km southeast of and along strike from [...]
Gold Basin Resources announced the results of preliminary interpretations of 2023 LiDAR survey data, initial prospecting and the commencement of a soil sampling program from the Company's 100%-owned Gold Basin oxide gold project. Gold Basin geologists have identified over 230 sites of historical, small-scale mining from 2023 LiDAR survey data Approximately 70% are undrilled and have no evidence of evaluation by modern [...]
Gold Basin Resources provided an exploration update at the Company's 100%-owned Gold Basin oxide gold project. All assays received from Phase 2 reverse-circulation drill program, with 11 of the final 12 drill holes at the Red Cloud and Stealth targets intercepting oxide gold at vertical depths ranging from 4.6 metres to 182.9 m down-hole; Multiple holes, including the deepest hole in the program ended in oxide gold [...]
Gold Basin Resources announced the appointment of Mr. Monty Sutton as Chief Financial Officer and Mr. Stephen Pearce as Corporate Secretary of the Company. "We are very pleased to welcome Monty and Stephen to the Gold Basin team," stated Colin Smith, CEO. "Together, Messrs. Sutton and Pearce bring over 60 years of experience in capital markets and corporate governance, which will be a tremendous asset to the Company as we [...]
Gold Basin Resources announced preliminary results from the Phase 2 resource definition reverse-circulation drill program at the Company's 100%-owned Gold Basin oxide gold project. Multiple at- or near-surface oxide gold intercepts at the Red Cloud target over 40 metres in thickness with grades exceeding 1 g/t Au, including: 57.9 m @ 1.82 g/t Au from 4.6m in hole CM23-022 incl. 15.2 m @ 4.12 g/t Au from 10.7 m 42.7 m [...]
Gold Basin Resources announced the appointment of Mr. Michael Rapsch as V.P. Corporate Development and the grant of stock options. "We are very pleased to welcome Michael to the Gold Basin team," stated Colin Smith, CEO. "Mr. Rapsch's 16+ years of experience in capital markets and corporate development will be a great asset to the Company as we continue to advance the Gold Basin project." Mr. Michael Rapsch - V.P [...]
Gold Basin Resources announced that it has closed the second and final tranche of its previously announced upsized non-brokered private placement through the issuance of 2,340,002 common shares in the capital of the Company at a price of $0.15 per Share for gross proceeds of approximately $351,000.30 CAD. The Financing is oversubscribed, and the Company has issued an aggregate of 17,016,737 Shares for aggregate gross [...]
Gold Basin Resources announced that it has closed the first tranche of its previously announced non-brokered private placement through the issuance of 14,676,735 common shares in the capital of the Company at a price of $0.15 per Share for gross proceeds of approximately $2,201,510.25 CAD. The Financing is oversubscribed, with an aggregate amount of $2,552,510.55 arranged to date, and the Company anticipates closing the [...]