Braveheart Announces Delay to Preliminary Economic Assessment at Bull River Mine
Calgary, Alberta--(Newsfile Corp. - July 13, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") hereby announces that the Preliminary Economic Assessment ("PEA") for its 100% owned Bull River Mine, near Cranbrook, B.C. has been suspended pending an improvement in metal prices. The Company originally announced commencement of the PEA on February 9, 2022, with an expected completion within 120 days. When Braveheart originally commissioned the...
2022-07-13 8:00 AM EDT
Braveheart Resources Completes Loan Conversion Agreement with Matlock Farms
Calgary, Alberta--(Newsfile Corp. - June 29, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to announce that the Company has completed a Loan Conversion Agreement (the "Agreement") with Matlock Farms Ltd. ( the " Lender"). Braveheart and the Lender are parties to a loan agreement (the "Loan Agreement") dated January 19, 2019, as amended January 19, 2021, pursuant to which Braveheart has borrowed a principal amount of...
2022-06-29 1:50 PM EDT
Ktunaxa Nation and Braveheart Resources Enter into Capacity Funding Agreement for Bull River Mine Project
Calgary, Alberta--(Newsfile Corp. - June 2, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to announce that the Company has entered into a Capacity Funding Agreement (the "Agreement") with the Ktunaxa Nation Council (the "KNC) regarding its Bull River Mine Project near Cranbrook, British Columbia. The Bull River Mine Project is located within ʔamakʔis Ktunaxa, the traditional territory of the Ktunaxa Nation (i.e. Ktunaxa...
2022-06-02 6:45 PM EDT
Braveheart Receives Early Exploration Permit for Thierry Mine Property
Calgary, Alberta--(Newsfile Corp. - April 12, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to announce the receipt of an Early Exploration Permit from the Ontario Ministry of Northern Development, Mines, Natural Resources and Forestry ("MNDM") for its Thierry Mine Property ("Thierry") near Pickle Lake, Ontario. The Company has begun preparations for an initial 5,000 metre drill program at Thierry beginning in the summer of...
2022-04-12 6:37 PM EDT
Braveheart Completes Updated Preliminary Economic Assessment for Thierry Mine Project
Calgary, Alberta--(Newsfile Corp. - April 4, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") has completed an updated Preliminary Economic Assessment (PEA) for its Thierry Mine Project ("Thierry") near Pickle Lake, Ontario. The updated PEA was independently prepared by P&E Mining Consultants Inc. ("P&E") of Brampton, Ontario under the supervision of Eugene J. Puritch, P.Eng., FEC, CET. Highlights of the updated PEA The updated PEA...
2022-04-04 12:58 PM EDT
Nickel and Palladium By-Product Credits Becoming Significant at Braveheart's Thierry Mine Project
Calgary, Alberta--(Newsfile Corp. - March 7, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") announces that nickel and palladium by-product credits are becoming increasingly significant to Braveheart at its 100% owned Thierry Mine Project ("Thierry"). Thierry is a past-producing open pit and underground mine with copper, nickel, palladium, silver, platinum and gold metal values with copper being the primary metal. On February 22, 2021,...
2022-03-07 7:04 PM EST
Braveheart Resources Closes $826,250 Financing
Calgary, Alberta--(Newsfile Corp. - February 16, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") has closed a financing for proceeds of $826,250, comprising of 11,016,667 units with an issue price of $0.075 per unit. Each unit consists of one common share and one common share purchase warrant. Each warrant is exercisable into a common share at an exercise price of $0.1175 per share for a period of two years. The Company paid commissions...
2022-02-16 5:01 PM EST
Braveheart Announces Commencement of Preliminary Economic Assessment at Bull River Mine
Calgary, Alberta--(Newsfile Corp. - February 9, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to announce the commencement of a Preliminary Economic Assessment ("PEA") for its 100% owned Bull River Mine, near Cranbrook, B.C. Braveheart has engaged JDS Energy & Mining Inc. ("JDS") to complete the PEA study. JDS is ideally suited to complete the work having been involved with the project under previous owners and having...
2022-02-09 2:59 PM EST
Braveheart Resources Announces Results of Annual General and Special Meeting
Calgary, Alberta--(Newsfile Corp. - January 11, 2022) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to announce the results of its annual general and special meeting, held in Calgary, Alberta, on January 10, 2022. The shareholders of Braveheart Resources Inc. approved all matters of business put forth at its annual and special meeting, including the re-election of directors David W. Johnston, Ian Berzins, Philip Keele, Aaron...
2022-01-11 12:57 PM EST
Braveheart Announces 57% Increase in Copper Metal in New Mineral Resource at Bull River Mine
Calgary, Alberta--(Newsfile Corp. - December 8, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to announce a 57% increase in copper metal in the new Mineral Resource for the Bull River Mine, near Cranbrook, B.C. The Mineral Resource estimate was independently prepared by Moose Mountain Technical Services (MMTS) under the supervision of Sue Bird, P.Eng. The current Mineral Resource is based on a 0.9% copper equivalent ("CuEq")...
2021-12-08 8:00 AM EST
Braveheart Amends Concentrate Offtake Agreement and Stockpile Financing Facility With Ocean Partners
Calgary, Alberta--(Newsfile Corp. - December 7, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to announce that further to its press releases dated March 13, 2021 and April 21, 2021, the Company has amended the Concentrate Prepayment Agreement to extend the maturity date under the facility to September 30, 2023 or such earlier date if the Company is in default of the conditions under the agreement. In connection with the...
2021-12-07 10:15 AM EST
Braveheart Resources Appoints Peter Lacey as Independent Director
Calgary, Alberta--(Newsfile Corp. - October 27, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to announce the following changes to the Board effective this date. Peter A. Lacey, ICD.D has agreed to join the Board as an Independent Director of the Company. Brian Murray, one of the co-founders of Braveheart and its longest standing Director has notified the Company of his intention to retire. Mr. Lacey is an international...
2021-10-27 3:10 PM EDT
CORRECTION FROM SOURCE: Braveheart Intersects 2.60% Copper, 33.5 g/t Gold and 18.9 g/t Silver Over 2.5 Metres at Bull River Mine
Calgary, Alberta--(Newsfile Corp. - September 30, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to report high grade copper and gold mineralization on the final two diamond drill holes from the H1 2021 diamond drill program. Ian Berzins, President and CEO commented "We are extremely pleased with the recent results from this year's drill program. The results indicate that we have mineralized material up to 175 metres below...
2021-09-30 1:20 PM EDT
Braveheart Announces Significant Copper and Gold Mineralization at Bull River Mine
Calgary, Alberta--(Newsfile Corp. - September 30, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to report high grade copper and gold mineralization on the final two diamond drill holes from the H1 2021 diamond drill program. Ian Berzins, President and CEO commented, "We are extremely pleased with the recent results from this year's drill program. The results indicate that we have mineralized material up to 175 metres below...
2021-09-30 11:13 AM EDT
Braveheart Provides Up-Date on Permitting and Construction Progress at Bull River Mine
Calgary, Alberta--(Newsfile Corp. - August 23, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to report on progress being made on permitting and construction activities at the Bull River Mine project (the "Project"). Braveheart continues to work closely with the British Columbia Ministry of Environment and Climate Change Strategy ("ENV") and the Ministry of Energy, Mines and Low Carbon Innovation ("EMLI") on its application...
2021-08-23 2:45 PM EDT
Braveheart Assays for Cobaltite in Recent Bull River Mine Drilling Program
Calgary, Alberta--(Newsfile Corp. - August 19, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") has received additional metallurgical results from the recent drilling program at the Bull River Mine project. To-date the Company has received results for four of six holes in the H1 2021 diamond drill program (see press release dated July 8, 2021, on SEDAR). In addition to copper, gold and silver the Company has now received assays for...
2021-08-19 8:00 AM EDT
Braveheart Amends Agreement to Repurchase 2% Net Smelter Royalty at Thierry Mine Project
Calgary, Alberta--(Newsfile Corp. - July 29, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") announces that it has entered into an amending agreement with Cadillac Ventures Inc. ("CDC") for the previously announced (see press release dated January 21, 2021 on SEDAR) purchase of a 2% Net Smelter Royalty ("NSR") on the Thierry Mine Project. Under the terms of the amending agreement Braveheart will issue Cadillac an aggregate of 250,000...
2021-07-29 12:23 PM EDT
Braveheart Resources Completes $723,130 Financing
Calgary, Alberta--(Newsfile Corp. - July 8, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company) has closed a financing for gross proceeds of $723,313. The financing is comprised of 7,233,130 units ("Units"), priced at $0.10 per Unit for proceeds of up to $723,313 (the "Offering"). Each Unit consists of one common share and one common share purchase warrant. Each warrant is exercisable into a common share at a price of $0.14 per share for a...
2021-07-08 5:41 PM EDT
Braveheart Intersects Additional Copper Mineralization at Bull River Mine Project
Calgary, Alberta--(Newsfile Corp. - July 8, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company") is pleased to report that it has intersected additional high grade copper mineralization at the Bull River Mine project. The H1 2021 diamond drill program has now been completed with a total of 1,050 metres drilled and assays received on four of six drill holes to-date. Ian Berzins, President and CEO commented, "We are pleased with the initial...
2021-07-08 9:58 AM EDT
Braveheart Resources Increases Financing
Calgary, Alberta--(Newsfile Corp. - July 5, 2021) - Braveheart Resources Inc. (TSXV: BHT) (OTCQB: RIINF) (FSE: 2ZR) ("Braveheart" or the "Company) is pleased to announce an increase in the financing previously announced on June 17, 2021 of $500,000 to up to $725,000 due to additional investor demand. The financing will consist of up to 7,250,000 units ("Units"), priced at $0.10 per Unit for proceeds of up to $725,000 (the "Offering"). Each Unit consists of one common share and one common...
2021-07-05 2:39 PM EDT