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Champion Electric Metals Inc., trading as GLDRF on the OTCQB, is a discovery-focused exploration company based in Toronto, Ontario. The company is committed to advancing its highly prospective lithium properties in Quebec, Canada, and cobalt properties in Idaho, United States. Champion Electric Metals also owns the Baner gold project in Idaho County and the Champagne polymetallic project in Butte County near Arco. The company's projects are at an early stage of exploration, with a focus on lithium and critical metals like cobalt. Champion Electric Metals aims to be an environmentally responsible operator, engaging with local communities and stakeholders in a socially conscious manner.
Idaho Champion Gold Mines (CSE:ITKO, OTCQB:GLDRF) has entered a binding Property Lease and Option Agreement to lease and potentially acquire 100% interest in the Champagne Summit Ranch, totaling 240 acres, enhancing its Champagne Gold Project in Idaho. The lease agreement spans five years, with total payments of US$240,000 and 500,000 common shares. The acquisition is expected to improve access and infrastructure, supporting the company’s 2021 drilling program and exploration efforts on the IP anomaly.
Idaho Champion Gold Mines (OTCQB: GLDRF) has successfully closed the first tranche of its private placement, issuing 4,686,664 units for gross proceeds of $703,000. The offering, initially announced on May 25, 2021, has a target of 10,000,000 units for up to $1,500,000. Each unit consists of one common share and a warrant redeemable at $0.25 for 48 months. The funds raised will support exploration at the Champagne Gold Project in Idaho and general working capital. All securities will be subject to a four-month hold period.
Idaho Champion Gold Mines announces its Annual General Meeting (AGM) scheduled for June 15, 2021, at 2:00 PM EDT. Investors are invited to attend virtually for a presentation by Jonathan Buick, President and CEO, who will discuss the company's 2020 exploration activities and the upcoming 8,000 metre drill program at the Champagne Project. The event aims to enhance investor understanding of the company's potential. More information can be found at AGM Connect.
Idaho Champion Gold Mines Canada Inc (OTCQB: GLDRF) has announced an 8,000-metre core drilling program at its Champagne Gold Project in Idaho, set to begin in early July 2021, pending approvals. This program follows promising findings from a 2020 exploration program, which indicated potential mineralization at depth. The company aims to test a significant Induced Polarization anomaly to identify economically viable resources. Additionally, an early exercise warrant incentive program raised $45,000 through the exercise of 300,000 warrants.
Idaho Champion Gold Mines has announced a non-brokered private placement to raise up to $1.5 million by issuing 10 million units at $0.15 per unit. Each unit comprises one common share and one non-transferable purchase warrant, valid for 48 months at a price of $0.25. Proceeds will fund the exploration program for the Champagne Gold Project in Idaho and general working capital. The financing is subject to regulatory approvals and includes 8% cash and 8% warrants for finders' fees.
Idaho Champion Gold Mines (OTCQB: GLDRF) has initiated its 2021 exploration program at the Champagne Gold Project in Idaho.
The program aims to enhance geological mapping and geophysics across its 27 km² property, with drilling planned for July 2021. Key highlights include site preparation for drilling, extensive sampling over newly identified mineralization, and additional geophysical surveys to explore a large NW anomaly.
The results build on insights from 2020, with the objective of identifying potential gold and silver-bearing zones.
Idaho Champion Gold Mines Canada Inc. (OTCQB: GLDRF) announced an early exercise warrant incentive program approved by the CSE. The program aims to encourage the early exercise of 21,457,588 outstanding purchase warrants priced at $0.15, expiring between May 17, 2024, and March 6, 2025. Exercising these warrants will yield new incentive warrants for future common share purchases at $0.25. Proceeds will fund the 2021 exploration program at the Baner and Champagne gold projects.
Idaho Champion Gold Mines has appointed Richard Leveille and Craig Bow as Technical Advisors for its exploration projects in Idaho. Leveille, a seasoned geologist, previously held senior roles at Freeport-McMoRan, contributing to significant mineral discoveries. Bow, with over 40 years of experience, has been instrumental in gold exploration across North America and beyond. The company aims to plan drilling at the Champagne Project, building on findings from the 2020 exploration program. Additionally, Idaho Champion has granted stock options to purchase 600,000 shares at an exercise price of $0.20.
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