Gem Oil Inc.: Identifies Copper and Gold Zone at Pete Lake in Northern Saskatchewan
Regina, Saskatchewan--(Newsfile Corp. - November 1, 2021) - Gem Oil Inc., the "Company", or "GEM", is pleased to announce assay results from a recent field sampling program at Pete Lake in Northern Saskatchewan.The gold and copper zone are located on Saskatchewan Mining Claim MC00014246, owned 100% by Gem Oil Inc., 1088 hectares, 145 km east of La Ronge. The area is proximal to where H. D. Carlson Ph.D., P. Eng., reported in 1958:"A channel sample cut across 4...
2021-11-01 4:16 PM EDT
Gem Oil Inc.: New Copper / Nickel Bearing Pyroxenite Pipe Discovery at Sadler Lake in Northern Saskatchewan
Regina, Saskatchewan--(Newsfile Corp. - October 25, 2021) - Gem Oil Inc., the "Company", or "GEM", and Michael Carl Charles Grundmann is pleased to announce receipt of assay data from a recent grab sampling program carried out in August 2021 at its Sadler Lake property in Northern Saskatchewan.The pyroxenite intrusive is located on Saskatchewan Mining Claim MC00013405 owned 50% by Gem Oil Inc. and 50% by Michael Carl Charles Grundmann, is 247 hectares in size and 100 km east of La...
2021-10-25 11:00 AM EDT
Early Warning Press Release Regarding Investment in Searchlight Resources Inc.
Regina, Saskatchewan--(Newsfile Corp. - September 25, 2019) - Gem Oil Inc. today announced that it has acquired, directly and indirectly, an aggregate of 2,000,000 common shares of Searchlight Resources Inc. (TSXV: SCLT) ("SCLT" or the "Company")The 2,000,000 common shares were acquired by Gem Oil Inc. by way of Acquisition or disposition under a prospectus series of open-market purchases made on September 09, 2019 under which Gem Oil Inc. paid an aggregate of $100,000.00, representing an...
2019-09-25 6:00 PM EDT
Early Warning Press Release Regarding Investment in Searchlight Resources Inc.
Regina, Saskatchewan--(Newsfile Corp. - August 9, 2019) - Gem Oil Inc. today announced that it has acquired, directly and indirectly, an aggregate of 500,000 common shares of Searchlight Resources Inc. (TSXV: SRCH) ("SCLT" or the "Company")The 500,000 common shares were acquired by Gem Oil Inc. by way of a series of open-market purchases made on the TSX August 7, 2019, under which Gem Oil Inc. paid an aggregate of $16,695.00, representing an average price of $0.03339 per share. Collectively,...
2019-08-09 11:15 AM EDT
Early Warning Press Release Regarding Investment in Searchlight Resources Inc.
Regina, Saskatchewan--(Newsfile Corp. - April 4, 2019) - GEM OIL INC. today announces that it has acquired an aggregate of 5,000,000 common shares of Searchlight Resources Inc. (TSXV: SRCH) ("SRCH" or the "Company") through purchases on the TSX Venture Exchange dated April 30, 2018, May 01, 2018, May 10, 2018 and October 10, 2018. GEM OIL INC. paid an aggregate of $571,829.67 for the shares, representing an average purchase price of $0.11 per share. The shares purchased by GEM OIL...
2019-04-04 7:00 AM EDT