Abasca Resources Inc. is pleased to release assay results of the remaining fourteen drillholes at its Loki Flake Graphite Zone from its 2024 summer exploration program at its 100%-owned Key Lake South Project . The twenty drillholes totaling 5,499 m were designed at a 100 m x 100 m grid spacing to delineate a 600 m section of the Loki Zone. The Loki Zone remains open along strike and at depth. The 2025 winter drill [...]
Abasca Resources Inc. is pleased to announce that it has engaged an independent mineral resource consulting firm, Understood Mineral Resources Ltd. , to complete a flake graphite resource estimate of its Loki Flake Graphite Zone on its 100%-owned Key Lake South Project . UMR has extensive experience in modeling structurally-controlled resources that are supported and guided by geostatistical analyses. Brian McEwan [...]
Abasca Resources Inc. is pleased to announce the closing of the $3.2 million non-brokered private placement that comprised of the sale of 20,000,000 units of the Company at a price of $0.16 per FT Unit. Each FT Unit is comprised of one common share of the Company issued as a "flow-through share" of the Tax Act) and one-half of one non-transferable non-flow-through Common Share purchase warrant of the Company . Each full [...]
Abasca Resources Inc. is pleased to announce its 2025 Winter Program plan at its 100% owned Key Lake South Project , which includes approximately 5,000 metres of drilling to expand on the summer program's successful results . The drilling will continue at a 100 m x 100 m grid spacing to demonstrate the strike- and depth-extent of the Loki Flake Graphite Zone . The Company will also begin collecting field data for [...]
Abasca Resources Inc. is pleased to announce assay results from part of its 2024 summer exploration program at its Key Lake South Project. The program focused on systematically drilling a 600 m section of the 2 km Loki Flake Graphite Zone , which remains open along strike and at depth . Locations and orientations of drillholes are listed in Table 1 and their assay results are shown in Table 2. Assay Highlights KLS-24-026 [...]
Abasca Resources Inc. is pleased to provide an update on its 2024 summer exploration program. The program has focused on defining the Flake Graphite potential at the Company's Loki Zone as well as drill testing prospective conductor corridors for uranium mineralization . The drill program is nearing completion and will be followed by the re-sampling of the 2016 drill cores that originally intersected the Loki Zone. Loki [...]
Dawn Zhou, the President and Chief Executive Officer of Abasca Resources Inc. , #208 - 211 4th Avenue North, Saskatoon, Saskatchewan, S7K 2L8 , announces that in connection with the closing of a non-brokered private placement by Abasca on June 27, 2024, 9169601 Canada Inc. acquired 15,168,750 units of Abasca at a subscription price of $0.16 per Unit for a total subscription price of $2,427,000. Each Unit is comprised of [...]
Abasca Resources Inc. is pleased to announce the closing of the $3.65 million non-brokered private placement that comprised of the sale of 21,875,000 units of the Company at a price of $0.16 per FT Unit and 1,071,428 units of the Company at a price of $0.14 per NFT Unit. Each FT Unit is comprised of one common share of the Company issued as a "flow-through share" of the Tax Act) and one-half of one non-transferable [...]
Abasca Resources Inc. is pleased to announce the closing of the $3.65 million non-brokered private placement that comprised of the sale of 21,875,000 units of the Company at a price of $0.16 per FT Unit and 1,071,428 units of the Company at a price of $0.14 per NFT Unit. Each FT Unit is comprised of one common share of the Company issued as a "flow-through share" of the Tax Act) and one-half of one non-transferable [...]
Abasca Resources Inc. is pleased to announce the commencement of its 2024 summer exploration program which is focused on drill testing prospective conductor corridors for uranium mineralization in addition to defining the Flake Graphite potential at the Company's Loki Zone. For more details about the exploration program, please see the Company's news release dated February 20, 2024. The Company is also announcing a [...]
Abasca Resources Inc. is pleased to provide exploration updates on the 100%-owned, 23,977-hectare Key Lake South Uranium Project in Northern Saskatchewan and to announce its exploration plans for 2024. The Company continues to focus on advancing its exploration at KLS towards a uranium discovery and is planning a 5,000 metres drill program to test prospective target areas and trends. A re-sampling program to evaluate [...]
Abasca Resources Inc. announces that Manning Elliott LLP, Chartered Professional Accountants have, at the request of the Company, resigned as auditor of the Company, effective September 18, 2023. Accordingly, the Board of Directors has appointed McGovern HurleyLLP, Chartered Professional Accountants as auditor of the Company. There were no reservations in the Former Auditor's audit reports for the period commencing at the [...]
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