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Hardcore Discoveries Ltd - MAKAF STOCK NEWS

Welcome to our dedicated page for Hardcore Discoveries news (Ticker: MAKAF), a resource for investors and traders seeking the latest updates and insights on Hardcore Discoveries stock.

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Rhea-AI Summary

Makara Mining Corp. has announced a non-brokered private placement to raise capital. The company plans to issue up to 1,176,471 flow-through units at $0.085 each and 5,333,333 non-flow-through units at $0.075 each. Each unit comprises one common share and one purchase warrant, with warrants exercisable at $0.10 for 24 months. Proceeds will be allocated towards exploration expenditures and general working capital.

Makara Mining focuses on gold property exploration, holding interests in Yukon and Ontario properties.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
3.75%
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News
Rhea-AI Summary

Makara Mining Corp. (CSE:MAKA)(OTC:MAKAF) issued a clarification regarding its director Jatinder Dhaliwal's potential investment of up to $1.3 million in common shares. The first tranche of $500,000 is set for August 25, 2021, though his participation in the private placement remains undetermined. The company plans to raise $500,000 through a non-brokered private placement aimed at funding exploration and general working capital, without anticipating any change in control. The news release includes forward-looking statements subject to risks and uncertainties.

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Rhea-AI Sentiment
End-of-Day
2.35%
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Rhea-AI Summary

Makara Mining Corp. (CSE:MAKA)(FSE:MK0)(OTC PINK:MAKAF) announced a planned Private Placement on August 25, 2021, where its new director, Jatinder Dhaliwal, aims to invest approximately $500,000 in common shares. This transaction is part of a larger financing effort totaling $1.3 million. The Company is focused on mineral exploration, particularly gold properties in the Yukon and Ontario. Investors should note the forward-looking statements regarding the financing process and associated risks.

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Rhea-AI Summary

Makara Mining Corp. (CSE:MAKA)(FSE:MK0)(OTC PINK:MAKAF) has appointed Jatinder Dhaliwal as a new director, replacing Stefan Szary. Mr. Dhaliwal brings extensive experience from his roles in various publicly traded companies and holds degrees in pharmacy and biology. The company anticipates that his expertise will enhance its operations and support growth strategies. Makara Mining Corp. focuses on mineral exploration, particularly in gold, with properties in Yukon and Northwestern Ontario.

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Rhea-AI Summary

Makara Mining Corp. (CSE:MAKA)(FSE:MK0)(OTC PINK:MAKAF) has terminated its option to acquire a 60% interest in the Davis and Paradise Valley claim blocks in Nye County, Nevada. The company will refocus its efforts on the Rude Creek and Idaho Creek Properties in Yukon. This strategic shift aims to enhance resource exploration and development in areas where the company holds greater control and potential for success.

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1.45%
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Rhea-AI Summary

Makara Mining Corp. (CSE:MAKA)(FSE:MK0)(OTC PINK:MAKAF) has appointed Charn Deol as a director, bringing over 35 years of experience in financial markets and corporate governance. Mr. Deol's expertise includes project analysis and investor relations, which the Company believes will strengthen its leadership and support growth. Makara focuses on acquiring and developing gold properties, including Rude Creek and Idaho Creek Properties in the Yukon. The Company aims to leverage Mr. Deol's skills for improved governance and strategic development.

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Rhea-AI Sentiment
End-of-Day
-6.62%
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management
Rhea-AI Summary

Makara Mining Corp. (CSE:MAKA)(FSE:MK0)(OTC PINK:MAKAF) has updated its corporate and exploration activities as of June 29, 2021. The company is pursuing financing for major drilling work on its mineral claims in Yukon and Nevada, with a focus on Gold/Copper porphyry systems. The Canadian government has initiated the Resource Gateway Project, enhancing economic access for Makara. Notably, adjacent companies have made positive announcements regarding their exploration activities, potentially benefiting Makara's prospects.

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Rhea-AI Sentiment
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-4.38%
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Rhea-AI Summary

Makara Mining Corp. announced positive results from its recent exploration at the Rude Creek gold project in Yukon, Canada. The exploration involved a 2,000-meter drill program, revealing a new gold system with favorable mineralization controls. Significant intercepts include 16.8 m of 0.37 g/t Au and 4.6 m of 0.30 g/t Au. The company plans further drilling to locate higher-grade areas and expand soil geochemistry surveys. The project is strategically located near known deposits, enhancing its potential. Makara is also advancing plans for exploration on its Nevada and Kenora projects.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
6.25%
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Rhea-AI Summary

Makara Mining Corp. has reported interim results from its 2,000-meter reverse circulation drill program at the Rude Creek gold property in Yukon, Canada. Approximately 45% of assay results are received, highlighting significant intercepts, including 80.77 m of 0.17 g/t Au and 3.3 g/t Ag. The preliminary drilling indicates the presence of a new gold system over 200 meters of strike length. Further drilling is planned to determine the extent of the system. A comprehensive update will follow as remaining assay results are compiled over the coming weeks.

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2.35%
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Rhea-AI Summary

Makara Mining Corp. (CSE:MAKA, OTC PINK:MAKAF) announced delays in assay results from its 2,000 meter RC drill program at the Rude Creek property due to COVID-19 staffing issues. Initial assays expected by early November are now postponed until year-end. The company is actively planning its 2021 drilling schedule across three properties in Yukon and Nevada. Additionally, Makara has engaged Market Digital for marketing support, paying CAD $50,000 for the winter season to enhance investor awareness.

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Rhea-AI Sentiment
End-of-Day
10.48%
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FAQ

What is the current stock price of Hardcore Discoveries (MAKAF)?

The current stock price of Hardcore Discoveries (MAKAF) is $0.0791 as of February 28, 2025.

What is the market cap of Hardcore Discoveries (MAKAF)?

The market cap of Hardcore Discoveries (MAKAF) is approximately 395.3K.
Hardcore Discoveries Ltd

OTC:MAKAF

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MAKAF Stock Data

395.34k
13.44M
7.66%
Gold
Basic Materials
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Canada
Vancouver