Mosaic Minerals Corp. announces that it is abandoning lithium exploration on its properties located primarily in Jamésie, Quebec. The Company will focus on its properties with gold and nickel potential. Both properties are 100% owned by Mosaic. "The lithium market has been fueled by unrealistic expectations for the growth of electric vehicles. The slowdown in this sector, combined with low-cost lithium projects outside [...]
Mosaic Minerals Corp. announces some updates about the Company and takes this opportunity to thank its shareholders, partners and suppliers for their trust throughout 2024 and wishes them a Merry Christmas and a Happy New Year 2025. Mirabelli and Maqua Results The Company announces that it has received all its results related to the summer and fall 2024 exploration campaigns on the Mirabelli SM and Maqua SM properties [...]
Mosaic Minerals Corp. announces the completion of its exploration work on the Mirabelli SM project located near Eastmain, James Bay, Quebec. A total of 62 samples were collected in 4 areas covering mainly the northern part of the property. Assay results are expected to be available in the coming weeks. The Mirabelli SM property is formed of 345 cells with an area of nearly 20 km² and is located approximately 15 km [...]
Mosaic Minerals Corp. announces the start of its exploration work on the Mirabelli SM project located near Eastmain, James Bay, Quebec. The field prospecting campaign is expected to last for a period of one week. The Mirabelli SM property is formed of 345 cells with an area of nearly 20 km² and is located approximately 15 km southeast of the municipality of Eastmain. It is accessible by the Eastmain Village provincial [...]
Mosaic Minerals Corp. announces that it has signed a letter of intent with IAMGold Corp. to acquire 100% of the Amanda property located in Jamésie, Quebec. Terms of the Agreement The letter of intent signed between the two parties contains the following terms: Mosaic acquires a 100% interest in the Amanda property Mosaic must fulfill its original commitments or pay the difference in cash to IAMGOLD Mosaic will issue 3 [...]
Mosaic Minerals Corp. is pleased to announce that it has entered into an option agreement dated June 7, 2024 with Castlebar Capital Corporation , pursuant to which Castlebar will be granted an option to acquire up to a 100% interest in the Lichen Project . The Transaction is intended to be Castlebar's "Qualifying Transaction" for purposes of the TSX Venture Exchange's Capital Pool Company program and was first disclosed [...]
Mosaic Minerals Corp. announces the start of its exploration work on its Mirabelli SM, Maqua SM, Amanda and Pluton SM projects during the next few weeks. "We are very enthusiastic about this exploration campaign which allows us to make up for the time lost during last summer's forest fires. We will explore for the first-time strategic areas of the newly acquired properties which we believe hold attractive potential for a [...]
Mosaic Minerals Corp. is pleased to announce that it has entered into a letter of intent dated April 25, 2024 with Castlebar Capital Corp . Pursuant to the LOI, Castlebar will be granted an option to acquire up to a 100% interest in the Lichen Project . The Transaction is intended to be Castlebar's "Qualifying Transaction" for purposes of the TSX Venture Exchange's Capital Pool Company program. The Lichen Project consists [...]
Mosaic Minerals Corp. announces the remaining results of the work program consisting of eight drillings carried out in December 2023 for a total of 2,484 meters on the Gaboury project. The drilling program is considered a success by the management since it made it possible to test the potential of the main nickel showings : Pike West, Pike Center and Pike East, and to confirm its nickel potential over a length of more [...]
Mosaic Minerals Corp. . The Company proposes to amend the expiry date of 3,575,00 outstanding share purchase warrants that were issued pursuant to a private placement completed in February 2021. Each Warrant currently entitles the holder to purchase one common share in the capital of the Company at a price of $0.15 per share at any time prior to 5:00 p.m. on February 23, 2024 . Subject to Canadian Securities Exchange [...]
Mosaic Minerals Corp. announces part of the results of the work program consisting of eight drill holes for a total of 2,484 meters on the Gaboury project. Highlights : GA-23-23 intersects 135 meters at a grade of 0.34% Ni including 33 meters at a grade of 0.48% Ni GA-23-26 intersects 206.7 meters at a grade of 0.23% Ni including 30 meters at a grade of 0.35% Ni as well as 18.0 meters at a grade of 0.40% Ni GA-23-24 [...]
Mosaic Minerals Corp. announces that it has completed eight drill holes for a total of 2,475 meters on its Gaboury nickel project located in Témiscamingue, Quebec. Three drillings were carried out on the Pike West showing while three other drillings were carried out on the Pike East showing and another drilling in the Pike Center area. A last drilling was carried out to test a magnetic anomaly located north of the Pike [...]