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INTL PROSPECT VENTURES LTD (URANF) is a mineral exploration company focusing on gold prospects in the Eastern Pilbara of Western Australia. Through its subsidiary Valroc Ventures Pty Ltd., the company holds 12 tenements totaling approximately 14,890 hectares in the region. These tenements cover areas with historically reported gold-bearing quartz veins and shear zones proximal to Novo Resources' projects. The company aims to add value to its properties through exploration programs and partnerships. Notably, INTL PROSPECT VENTURES LTD has entered into a strategic partnership agreement with Gold Royalty Corp., showcasing its commitment to collaboration for future opportunities.
International Prospect Ventures (TSXV: IZZ) held its annual general and special meeting on October 18, 2024, in Val-d'Or, Québec. Shareholders re-elected four incumbent directors and elected Don Smith as a new director to the Board. The company's auditor, stock option plan, and articles alteration were approved. Following the meeting, the Board reconstituted its committees and appointed officers, including Glenn J. Mullan as Executive Chairman, President & CEO. The Board also granted incentive stock options for the purchase of 3,320,000 common shares at $0.045 per share for a 5-year period.
International Prospect Ventures (TSXV: IZZ) has provided an update on its gold prospects in the Eastern Pilbara of Western Australia. The company holds 14 tenements totaling approximately 11,790 hectares in the Mosquito Creek Properties (MCP). Key highlights include:
1. The MCP are located near Calidus Resources' Nullagine Gold Project and cover gold-bearing structural trends.
2. Since June 2023, the company has received over 38 prospecting requests from local prospectors.
3. Third-party prospecting has reported more than 2,059 gold nuggets, with the largest weighing about 250g.
4. The company plans to continue acquiring additional tenements and conducting early-stage exploration programs.
5. IZZ is seeking industry partners to advance its properties while retaining Net Smelter Return royalties.
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