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Badlands Resources Inc. reports on gold-focused exploration activity in the Black Hills of South Dakota, centered on the Bella Project and Banded-Iron Formation gold targets. Company updates include surface mapping and sampling results, target prioritization, and project context tied to its consolidated land position near the historic Homestake Mine trend.
Recurring news for BDLNF also covers material agreements, shareholder voting matters, capital-structure disclosures, governance matters, and periodic operating and financial results as the company advances its exploration-stage business.
Badlands Resources (OTCQB:BDLNF, TSXV:BLDS) announced that its board authorized a share consolidation on the basis of 3.5 pre-consolidation common shares for 1 post-consolidation share. The consolidation remains subject to TSX Venture Exchange approval, and the effective date will be announced in a later release.
Badlands Resources (OTC:BDLNF) provided details on the proposed disposition of its Bella Project in South Dakota, under a May 27, 2025 agreement with Mammoth Minerals (ASX:M79).
Terms include an initial C$100,000 paid, an additional C$600,000 plus 17,000,000 Mammoth ordinary shares on Completion, and a retained 1% net smelter returns royalty (repurchasable by Mammoth for C$500,000 within five years).
The sale is a TSXV "reviewable transaction" (disposition >50% assets) and Completion is subject to TSXV acceptance and Badlands shareholder approval; Mammoth has shareholder approval and intends to proceed. No finders' fees will be paid.
Badlands Resources (TSXV: BLDS) has announced a significant acquisition agreement with Laxmi Resources. The company will acquire a 100% interest in the Goliath property, located in the Atikwa Lake Area Townships, Kenora Mining Division, Ontario.
The transaction, dated September 24, 2025, involves a cash consideration of $200,000. The Goliath Property acquisition represents a strategic expansion of Badlands' mining portfolio in the Ontario region.
Badlands Resources Inc. (TSXV: BLDS) has announced successful results from its fall 2023 field exploration program at the Bella Project in the Black Hills of South Dakota. The company identified five main high-grade gold trends with approximately 20 km of strike length at surface through mapping and sampling. Key highlights include:
- Out of 420 grab samples collected, 60 samples returned over 5 g/t Au, with assays up to 20 g/t Au.
- Gold mineralization is hosted in Banded-Iron Formation, with only 40% of the prospective mineralized unit prospected so far.
- The five identified trends are named Lookout, Standard, Cochrane, King of West, and Montezuma.
The company plans to follow up on these trends with systematic surface sampling and possible drill targeting. The Bella project shares similarities with the Homestake Mine located 30 km to the north, with gold concentrated in local iron formation thickened by regional folding.
Summary not available.