Second Rig to Be added to Nisk Exploration Program Power Nickel Inc. is pleased to announce it has closed a private placement for 4,360,000 flow-through units of the Company, at a price of $0.50 per FT Unit, for gross proceeds of CAD $2,180,000. The. - Veroeffentlicht am 09.01.2024
Puma Exploration Inc., a Canadian-based mineral exploration company, announced that a second rig has been mobilized and that drilling has begun this week at the Williams Brook Gold Project in New Brunswick, Atlantic Canada.
Chakana ), has added a second drill rig to its Soledad project located in Ancash, Peru in order to accelerate both the exploration and resource drilling programs. The Board of Directors has approved an expanded 26,000m drill program for the 2021 calendar year, with 16,000m of resource drilling for inclusion in the Company s Soledad maiden resource estimate expected later this year. Resource drilling will focus on recent discoveries at Paloma East, Paloma West, and Huancarama (Fig. 1). Resource drilling is expected to also be completed on Breccia 7 (Bx 7), a previous discovery announced in 2019 (see news release dated July 29, 2019). An additional 10,000m of scout drilling will be allocated to test numerous high quality exploration targets that have already been identified. Resource definition drilling includes both step-out and in-fill core holes in close proximity to known mineralization of possible economic interest.