Geologica Resource Corp - Mining Stock Analysis & Updates
Latest News and Market Performance for Geologica Resource Corp
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Geologica Stakes High Potential Lincoln Placer Claims
Geologica Resource Corp. has staked 472 hectares of placer claims near Lincoln Creek, BC, which potentially holds 20 million cubic yards of pay and 400,000 ounces of gold. This expansion aims to leverage historical gold production in the Atlin Gold Camp for revenue and exploration.
Geologica Announces Anomalous Gold Zone at Lincoln
Geologica Resource Corp. announced positive results from its 2024 soil sampling at the Lincoln Creek Property in British Columbia, identifying significant gold and pathfinder anomalies. The findings suggest further exploration is needed due to unexpectedly high gold values.
Geologica Discovers Copper Showing at Topley
Geologica Resource Corp. announces the discovery of the Ruby copper showing at the Topley property in British Columbia, with significant copper, silver, lead, and zinc assays. The company has staked additional claims, expanding the total area to 4,402 Ha.
Geologica Introduces Antimony Targets at Topley
Geologica Resource Corp. announces successful Antimony exploration in the Babine Porphyry Belt, with significant till samples indicating high concentrations. This comes amid rising antimony prices due to Chinese export restrictions, highlighting the project's mineral potential.
Geologica Announces Antimony Exploration and Flow-Through Financing
Geologica Resource Corp. plans to explore Antimony and Tellurium at its Titan property in British Columbia amid rising antimony prices due to Chinese export restrictions. The site shows promising mineralization, including gold, silver, and other critical metals.
Geologica Announces Flow-Through Financing
Geologica Resource Corp. plans to issue 2,000,000 flow-through units at $0.05 each, aiming to raise $100,000 for exploration in British Columbia. The financing will support Canadian exploration expenses and is subject to a 4-month resale restriction.
Geologica Updates Terms to Unit Financing
Geologica Resource Corp. has updated its proposed $300,000 financing plan from the issuance of units, with plans to issue 10,000,000 units at $0.03 each. Each unit consists of a share and half a warrant, which can be exercised for up to two years for $0.05. The company also plans to settle a $62,600 debt by issuing 1,252,000 shares at $0.05. Additionally, 400,000 shares will be issued to the CEO as late payment penalty, and 250,000 shares will be issued to the vendor of the Topley Property. The proceeds from the offering will be used for exploration on BC properties and general working capital.
