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Optegra Ventures Inc. operates as a natural resource company, primarily dedicated to acquiring, exploring, and developing mineral properties, with a specific focus on gold and other precious metal deposits. The company's asset portfolio includes an 88% stake in the Cumberland projects, which span approximately 26,000 hectares in Georgetown, North Queensland. It also controls the 6,400-hectare Compass Creek projects located within the Pine Creek goldfield, and holds full ownership (100% interest) of the 6,000-hectare Mt. Turner project, situated northeast of Cumberland. Formerly known as Essex…
Essex Minerals Inc. (TSX-V:ESX) told investors that it is “very pleased” with the results so far from its continuing due diligence program on the Lagersdrift vanadium project in South Africa's Limpopo province. The minerals exploration and development said it has collected a total of 62 rock and cut-channel samples.
Essex Minerals Inc said it has developed a rare earth element (REE) target on the western portion of the Drummer fault area of the Mt Turner project in Queensland, Australia. The company said the geological environment is very similar to that observed at Arafura Rare Earth Ltd's large Nolans Bore rare earths-phosphate-uranium-thorium deposit.
Essex Minerals Inc. (TSX-V:ESX) has said it is pursuing its corporate strategy to acquire precious metal royalty and income streams having signed letters of intent (LOI) on projects in South Africa and Peru, and also revealed the appointment of a new president. The company also noted that its Queensland, Australia, gold and precious metals exploration projects are advancing with follow-up exploration planned to be funded by either joint venture expenditure or a spin-out in order to realise non-dilutive value for shareholders on the company's investment to date.
Essex Minerals Inc has announced that, further to its news release of September 21, 2022, it has closed the final tranche of its non-brokered private placement, raising an aggregate of $880,000 in gross proceeds. The company said it issued 44,000,000 units under the private placement at a price of $0.02 per unit.
Essex Minerals Inc. (TSX-V:ESX) said it has closed a second tranche of its non-brokered private placement for $75,000, bringing the total raised so far to $819,500 in gross proceeds, issuing 40,975,000 units at a price of $0.02 per unit. The net proceeds from the financing will be used by Essex for general working capital purposes, its mineral project and royalty-generative activities and exploration expenditures on its existing mineral projects.