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ORBEC GOLD MINES INC - BLTMF STOCK NEWS

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Blue Thunder Mining Inc. (TSXV: BLTMF) is an exploration and growth company that owns 100% of a large land position near Chibougamau, Québec. The Muus Gold project, covering approximately 25,250 hectares of prospective ground in the Abitibi Greenstone Belt, is adjacent to IAMGOLD's 5-million-ounce Nelligan gold project. The company recently appointed Robert Boisjoli as the Chief Financial Officer, and has initiated planning for the 2024 exploration program for the Muus project in collaboration with IAMGOLD, with a focus on gold mineralization and strategic drilling.

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Mines D'Or Orbec (TSXV: BLUE) has announced changes to its Board of Directors. Chad Williams, the company's largest shareholder, will now serve as Chairman. David W. Christie has joined the Board as an Independent Director. CEO Dorian L. (Dusty) Nicol expressed satisfaction with Christie's appointment, citing his technical and corporate experience as valuable assets for the company's growth.

David W. Christie brings 38 years of experience in mining, exploration, and mining finance. His previous roles include president and CEO of Orford Mining Corp. and Eagle Hill Exploration Christie has also worked in investment and as a mining equity analyst.

The company provided an update on its Muus Project, stating plans for glacial till sampling in the Lac Bernard area and geophysics in select areas. The objective is to define high-quality drill targets. Dorian L. (Dusty) Nicol, the company's CEO and Qualified Person, has approved the technical information in the news release.

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Mines D'Or Orbec (TSXV: BLUE) has announced promising initial results from its 2024 exploration campaign at its Muus Gold Project in Chibougamau, Québec. The program, designed with IAMGOLD , focuses on Lac Bernard Sud and Lac des Sables. At Lac Bernard Sud, highly anomalous gold grains have been found in till samples, suggesting proximity to source and potential for a Nelligan-style deposit. At Lac des Sables, fieldwork confirmed the prospectivity for volcanogenic massive sulphide (VMS) mineralization, with copper-gold-silver-zinc mineralization observed in historical trenches. The company continues geologic mapping, geochemical sampling, and geophysical surveys to identify drill targets. Additionally, Orbec has secured a $100,000 interest-free loan from Non-Executive Chairman Chad Williams, convertible into units of the company.

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On July 3, 2024, Blue Thunder Mining announced its name change to Mines D'Or Orbec effective July 5, 2024. Despite the name change, the trading symbol will remain BLUE. The company also provided an update on its 2024 exploration campaign at the Muus Gold Project in Chibougamau, Québec. This campaign, designed with IAMGOLD and approved by the IAMGOLD-Orbec Technical Committee, will include geological mapping, geochemical sampling, geophysics, and glacial till sampling. The Muus Project spans 25,250 hectares and is situated at the intersection of two mineralized structures hosting IAMGOLD's Nelligan and Monster Lake Gold Projects. The goal is to define high-quality drill targets for autumn and winter testing. Previous work has identified multiple mineralized occurrences, and the new program aims to refine these targets through a highly focused and cost-effective approach.

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Blue Thunder Mining has announced significant changes in its leadership team. Effective June 25, 2024, Alain Lévesque will join as CFO, replacing Robert Boisjoli. Lévesque brings 20 years of experience in financial reporting and corporate governance, with a strong background in the mining sector. He has previously worked with major accounting firms and held CFO positions in publicly traded companies.

CEO Dorian L. Nicol highlighted Lévesque's role in the company’s strategic focus on Quebecois gold projects and the ongoing collaboration with IAMGOLD on the Muus Gold Project. Additionally, Jean-Patrick Larivière is resigning from the Board of Directors to focus on other business interests. The company will also undergo a name change to Mines D'Or Orbec, effective around June 30.

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Blue Thunder Mining announces a name change to Orbec Gold Mines, effective after the Annual General Meeting on June 6, 2024, pending approval. The ticker remains 'BLUE' for simplicity. The company will also relocate its headquarters to Brossard, Quebec, sharing office space with IAMGOLD. CEO Dorian L. (Dusty) Nicol highlights that these changes reflect the company's focus on becoming a Quebec-centric gold exploration firm, with benefits like enhanced technical collaboration. The technical information has been approved by Nicol, a Qualified Person under National Instrument 43-101.

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Blue Thunder Mining (TSXV: BLUE, OTC Pink: BLTMF), a mineral exploration company, will participate in THE Mining Investment Event of the North from June 4-6, 2024, in Quebec City. Management will hold one-on-one meetings with investors, highlighting the company's ongoing projects and future plans. Interested investors can contact Jennifer Choi at jchoi@irinc.ca for registration.

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Blue Thunder Mining Inc. announces high-priority target in Lac Bernard area for upcoming exploration program on Muus Project near Chibougamau, Quebec. The company collaborates with IAMGOLD for exploration in the prospective area. Blue Thunder also retains market-making services from Independent Trading Group (ITG) Inc. to maintain an orderly trading market for its common shares.
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Blue Thunder Mining Inc. (TSXV: BLUE) announces 2024 exploration campaign at Muus Gold Project in Quebec with renewed focus on gold exploration and financial support from IAMGOLD Corporation (TSX: IMG) (NYSE: IAG). The private placement has closed and was oversubscribed. The first meeting of the IAMGOLD - Blue Thunder Technical Committee took place in December 2023.
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Blue Thunder Mining Inc. (TSXV: BLUE) completes non-brokered private placement, raising $1,404,450 for exploration programs in Quebec.
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Blue Thunder Mining Inc. (TSXV: BLUE) appoints Robert Boisjoli as new CFO and holds first technical committee meeting with IAMGOLD Corporation to plan 2024 exploration program for the Muus project.
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FAQ

What is the current stock price of ORBEC GOLD MINES (BLTMF)?

The current stock price of ORBEC GOLD MINES (BLTMF) is $0.0345 as of September 12, 2024.

What is the market cap of ORBEC GOLD MINES (BLTMF)?

The market cap of ORBEC GOLD MINES (BLTMF) is approximately 2.1M.

What is Blue Thunder Mining Inc.?

Blue Thunder Mining Inc. is an exploration and growth company with a large land position near Chibougamau, Québec.

What is the Muus Gold project?

The Muus Gold project covers approximately 25,250 hectares of prospective ground in the Abitibi Greenstone Belt, adjacent to IAMGOLD's 5-million-ounce Nelligan gold project.

Who is Robert Boisjoli?

Robert Boisjoli is the newly appointed Chief Financial Officer of Blue Thunder Mining Inc.

What is the focus of the 2024 exploration program?

The 2024 exploration program for the Muus project will focus on gold mineralization and strategic drilling, conducted in collaboration with IAMGOLD.

What recent developments have happened at Blue Thunder Mining Inc.?

Recent developments include the appointment of Robert Boisjoli as CFO and the initiation of planning for the 2024 exploration program in collaboration with IAMGOLD.

ORBEC GOLD MINES INC

OTC:BLTMF

BLTMF Rankings

BLTMF Stock Data

2.06M
38.40M
33.05%
1.34%
Gold
Basic Materials
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United States of America
Montréal