American Copper Development Corporation (Formerly Known as Cirrus Gold Corp.)

Recent News

  • American Copper Development Corporation Completes 134 line-km Titan 160 DCIP and MT Survey Over the Lordsburg Property, New Mexico

    Vancouver, British Columbia--(Newsfile Corp. - January 18, 2023) - American Copper Development Corporation (CSE: ACDX) ("ACDC" or the "‎‎Company") is pleased to report preliminary results from a 134 line-km 3D Titan 160 DC resistivity/induced polarization (DCIP) and Magnetotellurics (MT) survey. The survey was completed across 16 lines (13 N-S and 3 E-W) by Quantec Geoscience over the Company's flagship Lordsburg property in southwestern New Mexico (see map in appendix). The purpose of the survey is to provide property-wide deep...

    2023-01-18 8:30 AM EST
  • American Copper Development Corporation Appoints Tom Peregoodoff to Board of Directors

    Vancouver, British Columbia--(Newsfile Corp. - November 3, 2022) - American Copper Development Corporation (CSE: ACDX) ("ACDC" or the "‎‎Company") announces the appointment of Mr. Tom Peregoodoff as Director, effective November 1st, 2022. Rick Van Nieuwenhuyse, Chairman of the board, comments: "We are thrilled to have Tom and his vast technical and executive experience join our board. Tom's experience includes value-add roles with Pretium (sold to Newcrest in 2022), BHP, Peregrine Diamonds (sold to DeBeers Canada in 2018) and Apollo Silver."Mr....

    2022-11-03 8:30 AM EDT
  • American Copper Development Corporation Grants Stock Options

    Vancouver, British Columbia--(Newsfile Corp. - September 12, 2022) - American Copper Development Corporation (CSE: ACDX) ("ACDC" or the "‎‎Company") reports that, pursuant to the Company's 2021 Incentive Stock Option Plan, the Company has granted incentive stock options to directors, officers, employees and consultants of the Company to purchase up to 4,200,000 common shares in the capital stock of the Company. The options are exercisable on or before September 9, 2027 at a price of $0.25 per share.About the CompanyThe Company...

    2022-09-12 8:30 AM EDT
  • American Copper Development Corporation to Resume Trading Following Acquisition of Lordsburg Property

    Vancouver, British Columbia--(Newsfile Corp. - August 29, 2022) - American Copper Development Corporation (CSE: ACDX) ("ACDC" or the "‎‎Company") is pleased to announce that the common shares of the Company (the "Shares") will resume trading on August 30, 2022, under the stock ticker symbol "ACDX", as set out in the bulletin of the Canadian Securities Exchange (the "CSE") issued on August 26, 2022. Trading of the Shares was halted on January 13, 2022, concurrent to the announcement that the Company...

    2022-08-29 1:00 PM EDT
  • American Copper Development Corporation Completes Acquisition of Lordsburg Property, Adds Rick Van Nieuwenhuyse as Chairman and Daniel Schieber as CEO and Completes Private Placement

    Vancouver, British Columbia--(Newsfile Corp. - August 9, 2022) - American Copper Development Corporation (CSE: CI) ("ACDC" or the "‎‎Company") has completed its acquisition (the "Transaction") of certain mineral property interests located in the State of New Mexico (the "Lordsburg Property") from Pyramid Peak Mining, LLC ("PPM"), a wholly owned subsidiary of ‎Waterton Precious Metals Fund II Cayman, LP, and Mason Resources (US) Inc.("Mason", and collectively with PPM, the "Vendors"), a wholly owned subsidiary of Hudbay Minerals Inc as further described...

    2022-08-09 8:30 AM EDT
  • Cirrus Executes Definitive Agreement to Consolidate Lordsburg Porphyry Copper Mining District in New Mexico

    Vancouver, British Columbia--(Newsfile Corp. - May 26, 2022) - Cirrus Gold Corp. (CSE: CI) ("Cirrus" or the "‎‎Company") is pleased to announce that further to its news release dated January 13, 2022 (the "Previous News Release"), it has entered into a definitive asset purchase agreement (the "APA") with Pyramid Peak Mining, LLC ("PPM"), a wholly owned subsidiary of ‎Waterton Precious Metals Fund II Cayman, LP ("Waterton"), and Mason Resources (US) Inc., a wholly owned subsidiary of Hudbay Minerals Inc. ("Mason",...

    2022-05-26 8:30 AM EDT
  • Cirrus to Consolidate the Lordsburg Property in New Mexico from Waterton Global Resource Management and Hudbay Minerals and Announces Private Placement and Management Changes

    Vancouver, British Columbia--(Newsfile Corp. - January 13, 2022) - Cirrus Gold Corp. (CSE: CI) ("Cirrus" or the "‎‎Company") announces that it has entered into a binding letter agreement (the "Letter Agreement") with Pyramid Peak Mining, LLC. ("PPM"), a wholly owned subsidiary of ‎Waterton Precious Metals Fund II Cayman, LP ("Waterton"), and Mason Resources (US) Inc., a wholly owned subsidiary of Hudbay Minerals Inc. ("Hudbay", and collectively ‎with PPM, the "Vendors"), whereby Cirrus would consolidate adjacent mineral property interests, located in...

    2022-01-13 3:53 PM EST
  • Cirrus Reports 2021 Field Season Results at Chuchi South

    Vancouver, British Columbia--(Newsfile Corp. - January 12, 2022) - Cirrus Gold Corp. (CSE: CI) ("Cirrus" or the "Company") is pleased to report the results of grab samples collected during the 2021 field program. 162 grab samples were collected, predominantly in the northern part of the Property (Figs. 1 and 2). Gold values varied from below detection to 7.67 g/t; thirteen samples returned greater than 0.5 g/t Au. Silver varied from below detection to 118 g/t; seventeen samples yielded greater than...

    2022-01-12 8:30 AM EST