Conquest Resources Announces Engagement of Simone & Co LLP Chartered Professional Accountants

Conquest Resources Announces Engagement of Simone & Co LLP Chartered Professional Accountants

Conquest Resources Limited (TSXV: CQR) ("Conquest") is pleased to announce that it has engaged Simone & Co. LLP as auditors. Simone provides services to both private and public companies.

Conquest would like to thank McGovern Hurley LLP for their years of high-level professional service and wish them continuing growth and success for the future.

ABOUT CONQUEST

Conquest Resources Limited, incorporated in 1945, is a mineral exploration company that is exploring for base metals and gold on mineral properties in Ontario.

Conquest holds a 100% interest in the Belfast-TeckMag Project, located in the Temagami Mining Camp at Emerald Lake, Ontario, which is believed to have exceptional exploration upside for several deposit types including magmatic Copper-Nickel-Platinum Group Elements (Cu-Ni-PGE), Volcanogenic Massive Sulphides (VMS), Iron Oxide Copper Gold (IOCG), Iron hosted Gold, and Paleo-placer Gold. The Belfast- TeckMag Project is the Company's flagship property, evolved from the Golden Rose Property, which was initially acquired in December 2017, and significantly augmented through the acquisition of Canadian Continental Exploration Corp. ("CCEC") in October 2020, and subsequent additional claim staking and purchases in its adjacent Belfast Copper, TeckMag, DGC and JPC properties. Conquest now controls approx. 350 square kilometers of underexplored territory in the Temagami Mining Camp.

Conquest also holds a 100% interest in the Alexander Gold Property located immediately east of the Red Lake and Campbell mines in the heart of the Red Lake Gold Camp on the important "Mine Trend" regional structure. Conquest's property is almost entirely surrounded by Evolution Mining land holdings.

In addition, Conquest owns a 100% interest in the Smith Lake Gold Property of six patented claims and 181 staked mining claims to the north, west and south of the former Renabie Gold Mine in Rennie Township in northern Ontario, operated by Corona and Barrick that had reported gold production of over 1,000,000 ounces between 1947 and 1991 (Northern Miner March 4, 1991).

FOR FURTHER INFORMATION CONTACT:

Email: general@conquestresources.com
Website: www.conquestresources.com

Tom Obradovich
President & Chief Executive
416-985-7140

Forward-looking statements. This news release may include certain "forward-looking statements". All statements other than statements of historical fact, included in this release, including, without limitation, statements regarding the completion of the Acquisition and the Consolidation, the release of escrowed funds, future cash on hand, potential mineralization, resources and reserves, exploration results, and future plans and objectives of Conquest, are forward-looking statements that involve various risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. Important factors that could cause actual results to differ materially from Conquest's expectations are exploration risks detailed herein and from time to time in the filings made by Conquest with securities regulators. Neither the TSXV nor its Regulation Services Provider (as defined in the policies of TSXV) accepts responsibility for the adequacy or accuracy of this release.

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/111786

News Provided by Newsfile via QuoteMedia

CQR:CA
The Conversation (0)
Conquest Resources Enters into Agreement with VerAI Discoveries for AI Targeting on Belfast TeckMag Project

Conquest Resources Enters into Agreement with VerAI Discoveries for AI Targeting on Belfast TeckMag Project

Conquest Resources Limited (TSXV: CQR) ("Conquest" or the "Company") has entered into a Royalty Purchase and Sale Agreement with VDI Resources LLC (VDI), a subsidiary of VerAI Discoveries Inc. (VerAI), an artificial intelligence (AI) powered mineral discovery generator, pursuant to which the Company agrees to grant to VDI a 1.5% net smelter return royalty on certain target areas with recommended drilling locations generated by VerAI utilizing its proprietary AI technology. The Company agrees to grant VDI an additional 1.5% NSR in return for funding a drill program for testing of the targets identified by VerAI on the Belfast TeckMag Project, a 350 sq. km. land package located northeast of Sudbury, Ontario.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Conquest Continues Search for Critical Metals at Marr Lake PGE-Cu-Ni Property

Conquest Continues Search for Critical Metals at Marr Lake PGE-Cu-Ni Property

 

Conquest Resources Limited (TSXV: CQR) ("Conquest" or the "Company") announces that from September 7th to 13th, 2022, Conquest completed a 419 line-km heliborne high-resolution magnetic survey covering the Marr Lake PGE-Cu-Ni Project situated 65 km southwest of Atikokan, Ontario. Prospectair Geosurveys Inc. was contracted to survey the Property with flight lines orientated N-S at 50 m spacings, and E-W tie lines were flown at 500 m spacings. The orientation of the survey was optimized to cover the interpreted E-W orientated Marr Lake Intrusive, as well as to cover any other structural features that may control the potential emplacement of other similar types of intrusions and rare-element pegmatites that are a second deposit type being explored for on the Marr Lake PGE-Cu-Ni Property.

 

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Conquest Resources Options Golden Rose Project to Atha Energy Corp.

Conquest Resources Options Golden Rose Project to Atha Energy Corp.

Conquest Resources Limited (TSXV: CQR) ("Conquest" or the "Company") announces that it has entered into an agreement whereby it has granted an option to Atha Energy Corp.("Atha") to acquire up to 100% undivided interest in mineral leases known as the Golden Rose Property located in the Sudbury Mining District, Ontario. To fully execute the option, Atha must issue an aggregate of 1,500,000 shares of Atha and make cash payments of $1,000,000.00 over a period of 36 months. Atha has also agreed to Conquest a 1.0 % net smelter return on the Golden Rose Project.

ABOUT CONQUEST

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Conquest Options Marr Lake to Add to Critical Metals Portfolio

Conquest Options Marr Lake to Add to Critical Metals Portfolio

Conquest Resources Limited (TSXV: CQR) ("Conquest" or the "Company") is pleased to announce it has entered into an option agreement (the "Agreement") to acquire 100% of the Marr Lake Cu-Ni-PGE Property ("Property"). The Property is a grass roots property that is prospective for Cu-Ni-PGE and Li mineralization in an area that has seen limited exploration in the past.

The Property is located 70 km southwest of Atikokan, Ontario, and is contiguous with Green Technology Metals Wisa Lake Property that hosts Li-Ta bearing pegmatite dyke swarms that have been mapped over a strike length of 1.5 km, with widths of up to 20 m having been reported. President and CEO Tom Obradovich stated, "The Marr Lake Project underlines Conquests focus on critical metals with potential for Cu-Ni-PGE and Lithium. Our Nipigon Basin Project has Uranium in addition to NI-Cu-PGE targets and our Temagami Belfast Project is currently being explored for Ni-Cu PGE as well as IOCG potential."

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Conquest Reports 2022 First Quarter Results and Signs $200K OJEP Funding Agreement

Conquest Reports 2022 First Quarter Results and Signs $200K OJEP Funding Agreement

Conquest Resources Limited (TSXV: CQR) ("Conquest") reports its first quarter results for the three months ended March 31, 2022.

This news release should be read in conjunction with the Company's unaudited interim consolidated financial statements and the associated management's discussion and analysis (MD&A) for the three months ended March 31, 2022 which are available on the Company's website at www.conquestresources.com or under the Company's profile at www.sedar.com.

News Provided by Newsfile via QuoteMedia

Keep reading...Show less
Lobo Tiggre, copper bars.

Lobo Tiggre: Copper's Trump Tariffs — Plus Gold Price, Uranium Opportunity

Lobo Tiggre, CEO of IndependentSpeculator.com, discusses the recent news that the US plans to put a 50 percent tariff on copper imports.

He also weighs in on gold, silver and platinum price drivers, as well as uranium stocks.

Keep reading...Show less
Metal pipes and bars obstructed by yellow "tariffs" tape with US flags.

Copper Soars to All-time High as Trump Unveils 50 Percent Tariff on Imports

US President Donald Trump said Tuesday (July 8) that he plans to impose a 50 percent tariff on all copper imports, a dramatic escalation of his administration’s use of targeted trade restrictions on national security grounds.

“I believe the tariff on copper, we're going to make 50 percent,” Trump said during a White House cabinet meeting.

Though he did not provide a timeline, Commerce Secretary Howard Lutnick said in a subsequent CNBC interview that the tariff could take effect by late July or as early as August 1, with details to be posted on Trump’s Truth Social account.

Keep reading...Show less
Empire Metals

Empire Metals Limited Announces Completion of MRE Drilling Campaign

Completion of Major Drilling Campaign Targeting Maiden Mineral Resource Estimate

Empire Metals Limited, the AIM-quoted and OTCQB-traded exploration and development company, is pleased to announce the successful completion of its largest drilling campaign to date at the Pitfield Project in Western Australia ('Pitfield' or the 'Project'). This programme focussed on high-grade titanium mineralisation within the in-situ weathered cap at the Thomas Prospect and is designed to underpin the Company's maiden JORC compliant Mineral Resource Estimate ('MRE').

Highlights

Keep reading...Show less
Loyal Metals Limited

Loyal to Acquire the High-Grade Highway Reward Copper Gold Mine

Loyal Metals Limited (ASX:LLM) (Loyal, LLM, or the Company) is pleased to announce that it has acquired a binding option to purchase the Highway Reward Copper Gold Mine in Queensland, Australia, one of the highest-grade copper mines worldwide, with past production totalling 3.65 million tonnes at 5.7% Cu and 260,000 tonnes at 4.5 g/t Au 1-9. This acquisition is the first step in Loyal’s 2025 Strategic Plan to broaden its critical minerals portfolio into copper. No exploration has been conducted on the mining leases since mining ceased in July 2005, despite a ~680% increase in copper prices and a ~1,256% increase in gold prices since the 1997 feasibility study 3,4. With over $4.4 million in funding, Loyal is well-positioned to revisit the high-grade Highway Reward Copper Gold Mine by deploying modern exploration techniques11.

Keep reading...Show less
Textured copper ribbons weave over a black background.

​Copper​ Market Hit by Major Supply Squeeze as LME Inventories Drop

One of the sharpest copper supply crunches in recent memory is rattling global commodities markets, as inventories at the London Metal Exchange (LME) plummet and the spot price soars.

Bloomberg reported that as of Monday (June 23), copper for immediate delivery was trading at a premium of US$345 per metric ton over three month futures, the widest spread since a record squeeze in 2021.

That dramatic price divergence reflects the market’s acute concerns over access to physical copper, with readily available inventories on the LME falling by around 80 percent this year alone.

Keep reading...Show less

Latest Press Releases

Related News

×