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Gossan Resources Limited operates as an exploration and evaluation enterprise, concentrating on the procurement, exploration, and advancement of mineral assets across Canada. The company's holdings encompass the Glitter property, located within northwestern Ontario's Sturgeon Lake Greenstone Belt. In Newfoundland, it maintains significant interests, including the 8,875-hectare Gander Gold property, the 975-hectare Weir Pond project, and the 1,050-hectare Island Pond properties. Additionally, Gossan's diverse portfolio features properties rich in gold, platinum group metals, base metals, and a…
Winnipeg, Manitoba--(Newsfile Corp. - February 24, 2025) - Gossan Resources Limited (TSXV: GSS) (FSE: GSR) (XETRA: GSR) (the "Company" or "Gossan") is pleased to announce that it has completed the previously announced sale of its Bird River Property to Grid Metals Corp. (see Company Press Release dated April 13, 2023). Under the terms of the agreement between the two companies, the total consideration payable to Gossan for the Bird River Claims was as follows: (a) $500,000 cash payment on Closing of the Option;(b) 1,500,000 Shares of Grid on Closing of the Option;(c) $300,000 cash payment on the first anniversary date from Closing;(d) $300,000 cash payment on the second anniversary date from Closing;(e) the NSR; and(f) A $300,000 Deferred Cash Payment upon the occurrence of the Deferred Payment Event.
Winnipeg, Manitoba--(Newsfile Corp. - February 26, 2024) - Gossan Resources Limited (TSXV: GSS) (FSE: GSR) (XETRA: GSR) (the "Company" or "Gossan") is pleased to give a general update to shareholders including a review of the work performed in 2023 and the Company's strategic plans for 2024. In addition, the Company announces results of its Annual and Special General Meeting and a stock option grant.
Winnipeg, Manitoba--(Newsfile Corp. - July 27, 2023) - Gossan Resources Limited (TSXV: GSS) (FSE: GSR) (XETRA: GSR) (the "Company" or "Gossan") is pleased to announce the results of its initial till sampling survey on the Gander Property (the "Property") near Gander, Newfoundland. Notable Results from This Survey The till survey shows the presence of anomalous Gold Au-in-till throughout the property, with concentrations in the south, north and central areas.