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CARLYLE COMMODITIES CORP (symbol: CCCFF) is a mineral exploration company focused on its 100% owned Newton Gold Project in British Columbia. The company recently completed a successful diamond drill program at the Newton Project, aiming to increase gold and silver ounces. The drill program tested high priority targets, including the Halo Area and Sunrise Area, confirming new higher-grade zones near the current inferred resource. Carlyle is pleased with the positive results from recent metallurgical testing, achieving approximately 80% gold extraction. The Company continues to advance its project, with plans to optimize potential recoveries and further define mineralized areas.
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Carlyle Commodities Corp. (CSE: CCC) (FSE: BJ4) (OTCQB: CCCFF) has commenced its Phase 2 Drilling program at its 100% owned Newton Gold Project near Williams Lake, British Columbia. The project contains a current NI 43-101 resource calculation with 861,400 oz of Au, and 4,678,000 oz of Ag. The system remains open in multiple directions, with potential for increased size, grade, and additional mineralized areas. The Newton Gold Project is a large, bulk tonnage, low - to intermediate-sulphidation, epithermal gold deposit with nearly 35,000 m of drilling exploring and developing the historical resource, primarily between 2009-2012.
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CARLYLE COMMODITIES CORP. (CCC) announces the commencement of a baseline metallurgical test work program on the Newton Gold Project, located in British Columbia. The Company has provided five individual higher-grade samples from mineralized intercepts for testing. The Company's team, with extensive experience in gold processing technology, will conduct comprehensive testing to determine the gold extraction by leaching.
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Carlyle Commodity Corp announces phase 2 drilling strategy at Newton Gold Project
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Carlyle Commodities Corp. announces retention of MarketSmart Communications Inc. for investor relations services
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Carlyle engages Base Met Labs for metallurgical test work on Newton Gold Project. Testing to investigate recovery of gold and silver using conventional processing technologies. Marketing agreement with Phenom Ventures for digital media campaign. Fee of $100,000 USD paid for three months.
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Carlyle approves issuance of 2,500,000 stock options at $0.125 per share
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Carlyle Commodities Corp. announces non-brokered private placement of up to 12,000,000 units at $0.085 per unit for gross proceeds of up to $1,020,000.
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Carlyle Commodities Corp. has issued a total of 415,117 common shares to a consultant as payment for services rendered. The shares were issued at prices ranging from $0.068 to $0.244 per share. Additionally, the company will issue 500,000 shares at $0.10 per share to settle a debt of $50,000. All securities issued will be subject to a hold period of four months and one day.
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FAQ
What is the current stock price of CARLYLE COMMODITIES (CCCFF)?
The current stock price of CARLYLE COMMODITIES (CCCFF) is $0.0109 as of October 14, 2024.
What is the market cap of CARLYLE COMMODITIES (CCCFF)?
The market cap of CARLYLE COMMODITIES (CCCFF) is approximately 1.2M.
What is CARLYLE COMMODITIES CORP focused on?
The company is focused on mineral exploration, particularly on its 100% owned Newton Gold Project in British Columbia.
What recent achievements has the company made?
CARLYLE COMMODITIES CORP recently completed a successful diamond drill program at the Newton Project, testing high priority targets and confirming new higher-grade zones near the current inferred resource.
What were the results of the recent metallurgical testing?
The company achieved approximately 80% gold extraction from the recent metallurgical testing, showing positive results for potential recoveries.
What are the future plans of the company?
CARLYLE COMMODITIES CORP plans to optimize potential recoveries, test additional material from different host rocks, and continue advancing the Newton Gold Project.
CARLYLE COMMODITIES CORP
OTC:CCCFF
CCCFF Rankings
CCCFF Stock Data
1.18M
49.41M
6.08%
5.21%
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