Welcome to our dedicated page for Cleghorn news (Ticker: CLGMF), a resource for investors and traders seeking the latest updates and insights on Cleghorn stock.
Cleghorn Minerals Ltd. (CLGMF) maintains an active news center for stakeholders tracking mineral exploration developments at its Meech Lake - Matachewan Prospect in northeastern Ontario. This repository provides official updates on nickel-copper-PGE and gold-silver-zinc exploration results, financial disclosures, and corporate strategy.
Investors and industry observers will find timely announcements regarding drill programs, geological findings, and strategic partnerships. All content undergoes verification to ensure compliance with Canadian mining disclosure standards, offering reliable information source for assessing the company's technical progress and market position.
The news archive includes quarterly financial reports, exploration target updates, and management commentary on market conditions. Regular updates reflect Cleghorn's focus on expanding its mineral inventory while maintaining disciplined capital allocation in the competitive junior mining sector.
Bookmark this page for direct access to Cleghorn's verified announcements, or consult our email alert system for immediate updates on material developments affecting the company's exploration portfolio and shareholder value proposition.
Cleghorn Minerals has reported significant channel sampling results from its Meech Lake - Matachewan Prospect in northeastern Ontario. The Phase II exploration program revealed notable findings at three main mineralized zones:
At the Kell's Showing, samples yielded 4.91% copper, 1.35% nickel, 1.53 ppm platinum and 4.49 ppm palladium over 0.5 metres. The Waterhole Showing produced 2.08 ppm Gold, 5.2 ppm Silver & 1.08% Zinc over 0.7 metres. The exploration confirmed two separate mineralized systems: the Kell's Ni-Cu-PGE Showing and the Waterhole Au-Ag-Zn Showing, defined over 45 metres and 370 metres respectively.
Cleghorn Minerals (TSXV: CZZ) held its annual general and special meeting on October 18, 2024, in Val-d'Or, Québec. Shareholders re-elected four incumbent directors and appointed Raymond Chabot Grant Thornton LLP as the company's auditor. The 10% rolling stock option incentive plan was re-approved. Shareholders also approved the creation of Glenn J. Mullan and Joseph Groia as Control Persons, subject to TSX Venture Exchange policies.
The company's articles were altered to include mandatory procedures for director nominations. Following the meeting, the Board reconstituted its committees and reappointed officers. Glenn J. Mullan was reappointed as President and CEO, while Isabelle Gauthier was named CFO and Corporate Secretary. The Board granted 950,000 incentive stock options to directors, officers, and consultants at $0.05 per share for a 5-year period.
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