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HUNTSMAN EXPLORATION INC - BBBMF STOCK NEWS

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Huntsman Exploration Inc. (OTC Pink: BBBMF) is a mineral exploration company focused on the Canegrass Nickel Sulphide project in Western Australia. Recently, the company entered an option agreement to acquire the Legear lithium property in Ontario, consisting of 106 unpatented mining claims. The Legear Property is strategically located near Green Technology Metals' Root Lithium Project, underlain by peraluminous S-type granite and metasediments. The company will acquire a 100% interest in the Property, subject to a 2% net smelter returns royalty in favor of the Vendor. Qualified Person Nathan Tribble, P.Geo., has reviewed the technical content of this acquisition. For more information, contact 604-678-5308 or info@huntsmanx.com.

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Huntsman Exploration Inc. (OTC PINK: BBBMF) has successfully exercised its option to acquire 100% of the Baxter Spring property in Nevada. Following previous announcements from August and November 2020, the company has confirmed that a payment of US$250,000 originally due on December 1, 2021, has been extended to May 31, 2022. Further details on upcoming exploration programs will be communicated in due course.

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Huntsman Exploration Inc. (OTC PINK: BBBMF) announced the appointment of Mathew O'Hara as a new director. O'Hara, a Chartered Accountant, brings extensive experience in capital markets and financial governance, having served in various executive roles within the resources sector. His past roles include directorships at companies such as Benz Mining Corp and Carbine Resources Limited. Scott Patrizi, CEO, expressed confidence in O'Hara's ability to contribute to Huntsman's strategic review and future planning, aimed at maximizing shareholder value.

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Huntsman Exploration Inc. (TSXV:HMAN)(OTC PINK:BBBMF) announced the appointment of Scott Patrizi as President and Chief Executive Officer. Mr. Patrizi brings extensive experience in equity capital markets and project acquisition, having previously led successful IPOs and significant acquisitions in the mining sector. He replaces Peter Dickie, who has resigned from his positions. Huntsman focuses on mineral exploration, particularly the Canegrass Nickel Sulphide project in Australia and gold projects in Nevada and Idaho.

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Huntsman Exploration has successfully exercised its option to acquire 100% interest in the Canegrass Mineral Exploration Tenement. The company is currently awaiting results from final diamond core drilling and ongoing electromagnetic surveys at the site. Prior drill results indicate promising nickel, copper, and cobalt mineralization, with recent assays confirming favorable host rock and multiple high-grade intersections. Huntsman plans to expand drilling to further define mineralized horizons, enhancing the project's potential.

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Huntsman Exploration (OTC PINK: BBBMF) will host a webcast on April 14, 2021, at 8:00 am PDT. The discussion will focus on recent high-grade nickel and copper assay results reported on March 23, 2021, along with plans for the next phase of the drill program at the Canegrass Nickel Sulphide project. Key attendees will include CEO Peter Dickie and VP Exploration Nathan Tribble, along with representatives overseeing the drill program from Newexeco, Australia. An audio replay will be made available post-event.

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Huntsman Exploration Inc. (OTC: BBBMF) has provided an update on its Phase I drilling program at the Canegrass Nickel project in Western Australia. Approximately 760 drilling samples, including 360 from Reverse Circulation (RC) drill holes and 400 from diamond drill holes, have been submitted for analysis. Initial assay results are expected by March 20-21, with complete findings anticipated by March 22. The company is also on schedule to complete downhole electromagnetic surveys by the end of March, aiding in the planning for Phase II operations.

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Huntsman Exploration Inc. (OTC PINK: BBBMF) has completed the final two holes of its Phase I, 2021 drilling program at the Canegrass Nickel project in Western Australia. The program aimed to explore new targets and build on the successful 2018 drilling, hitting nickel sulphides in multiple zones along a 7 km mineralized trend. A total of 16 holes were drilled, totaling 3,466 meters. Over 360 samples have been submitted for analysis, with results expected shortly. Planning for Phase II drilling is underway, targeting step-out and infill drilling between key zones.

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Huntsman Exploration (OTC PINK: BBBMF) announced successful drilling results at its Canegrass Nickel project in Western Australia, where nickel sulphides were found in multiple holes along a 7 km mineralized trend. The ongoing 2021 drill program has completed 14 of 16 planned holes, with a total depth of about 3,500 m. An extensive Moving Loop Electromagnetic (MLEM) survey is underway to identify new targets.

CEO Peter Dickie expressed optimism about the drilling results and future assay data.

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Huntsman Exploration announced an option agreement to acquire the Flint Property in Idaho from a subsidiary of Headwater Gold Inc.. This acquisition covers 238 mineral claims spanning 1,845 hectares. The Flint Property is located near the DeLamar and Florida Mountain camps, which hold significant historical resources. Huntsman aims to utilize modern exploration techniques to assess the potential for bulk mineable gold and silver. The Agreement involves a cash payment of US$100,000 and the issuance of 8,450,000 shares, pending TSX approval.

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FAQ

What is the current stock price of HUNTSMAN EXPLORATION (BBBMF)?

The current stock price of HUNTSMAN EXPLORATION (BBBMF) is $0.0351 as of May 6, 2024.

What is the market cap of HUNTSMAN EXPLORATION (BBBMF)?

The market cap of HUNTSMAN EXPLORATION (BBBMF) is approximately 463.5K.

What is the focus of Huntsman Exploration Inc.?

Huntsman Exploration Inc. is focused on the Canegrass Nickel Sulphide project in Western Australia.

What recent agreement did Huntsman Exploration Inc. enter into?

Huntsman Exploration Inc. recently entered an option agreement to acquire the Legear lithium property in Ontario.

Where is the Legear Property located?

The Legear Property is located in the Patricia Mining Division in northwestern Ontario.

What is the composition of the Legear Property?

The Legear Property is underlain by peraluminous S-type granite and metasediments, making it an excellent exo-contact host for fractionating parental granites.

What is the agreement term for the Legear lithium property acquisition?

Under the agreement terms, Huntsman Exploration Inc. will acquire a 100% interest in the Legear Property, subject to a 2% net smelter returns royalty.

Who is the Qualified Person for the Legear Project review?

Nathan Tribble, P.Geo., a director of the Company, serves as the Qualified Person for the Legear Project review.

How can I contact Huntsman Exploration Inc. for more information?

For more information, you can contact Huntsman Exploration Inc. at 604-678-5308 or info@huntsmanx.com.

What disclaimer does Huntsman Exploration Inc. provide regarding forward-looking statements?

Huntsman Exploration Inc. disclaims any intention or obligation to update or revise forward-looking information unless required by law.

Where can I find the latest news and updates about Huntsman Exploration Inc.?

Stay informed about the latest news and updates by contacting 604-678-5308 or info@huntsmanx.com.

What does Huntsman Exploration Inc. specialize in?

Huntsman Exploration Inc. specializes in mineral exploration, with a focus on the Canegrass Nickel Sulphide project in Western Australia.

HUNTSMAN EXPLORATION INC

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0.38%
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