Welcome to our dedicated page for Graycliff Expl news (Ticker: GRYCF), a resource for investors and traders seeking the latest updates and insights on Graycliff Expl stock.
Graycliff Exploration Limited (CSE: GRAY, OTC Pink: GRYCF) is a mineral exploration company focused on gold ore mining projects on the Canadian Shield near Sudbury, Ontario. The company’s news flow centres on developments at its Shakespeare Project, a 1,468-hectare property made up of one crown patented lease, two crown leases and 40 claims associated with the historic Shakespeare Gold Mine.
News releases from Graycliff highlight exploration progress, portfolio changes and corporate actions. The company has reported drilling over 12,500 metres at Shakespeare, with visible gold identified in multiple holes, and has provided updates as it shifted its focus by signing a binding Letter of Intent and then a Purchase and Sale Agreement to divest its Baldwin and Lunge Projects to EV Minerals Corporation. These announcements explain how Graycliff is concentrating its efforts on Shakespeare following the transaction.
Investors following GRYCF news will also see regular coverage of financing and capital structure decisions. Graycliff has announced non-brokered private placements, detailing unit structures with common shares and warrants, intended use of proceeds for exploration and working capital, and conditions such as Canadian Securities Exchange approval. The company has also issued news about share consolidations, including a one-for-two reverse split and a later proposed one-for-four consolidation, along with related CUSIP and ISIN changes.
Corporate governance and strategic updates form another key category of Graycliff news. Releases have described leadership changes, such as the appointment of a new President and Chief Executive Officer and the transition of a previous executive to Chairman, as well as participation in investor conferences to discuss drilling results and planned work programs. For ongoing coverage of these exploration, financing and corporate developments, this news page aggregates Graycliff’s publicly released information in one place.
Summary not available.
Summary not available.
Summary not available.
Graycliff Exploration Limited (OTCQB:GRYCF) will present at the Planet MicroCap Showcase Virtual 2022 on December 7, 2022, at 10:30 AM EST. The presentation will be led by CEO James Macintosh, who will discuss the recent drilling results at the Shakespeare Project and plans for the first half of 2023. Attendees can access the presentation live via a provided webcast link. Graycliff operates on 1,025 hectares in Ontario's Canadian Shield, where significant gold exploration has occurred, including over 12,000 metres of drilling at Shakespeare.
Graycliff Exploration Limited (OTCQB: GRYCF) announced the closing of the first tranche of its private placement, raising $590,000 through the issuance of 2,950,000 units. The company initiated a non-brokered placement for up to 3,250,000 units at $0.20 per unit, aiming for total proceeds of $650,000. Funds will be allocated for exploration at the Shakespeare and Baldwin Projects and general working capital. The transaction involves a related party transaction, and all securities are subject to a hold period of four months and one day.
Graycliff Exploration Limited (OTCQB:GRYCF) announced promising findings from its Phase Four drilling program at the Shakespeare Gold Project in Ontario. Visible gold (VG) was found in 4 out of 11 drill holes, suggesting potential mineralization over considerable distances. The drilling has extended gold assays and VG identification from the surface to depths exceeding 250m. The technical team is currently logging core samples and preparing assays for future reporting. This phase aims to enhance the mineralized zone's critical mass and extend it in depth and along strike.
Graycliff Exploration Limited has announced promising assay results from its Shakespeare Gold Project in Ontario. The Phase Three drilling program revealed impressive gold mineralization, with Drill Hole J-36 intersecting 6.23 grams per tonne of gold over 5.00 metres, including 14.30 g/t Au over 1.00 m. Other notable results came from Holes J-34 to J-39, indicating a strong correlation between quartz veining and assay strength. Continued drilling is expected, with more results forthcoming as the program progresses.
Graycliff Exploration Limited (OTCQB: GRYCF) announced promising assay results from its Shakespeare Gold Project near Sudbury, Ontario. Drill Hole J-31 revealed a notable intersection of 20.52 g/t gold over 2.00 meters, with a peak of 39.00 g/t over 1.00 meter. Additional findings across various drill holes reflect consistent mineralization, especially in depths exceeding 140 meters. President and CEO James Macintosh expressed confidence in the project's potential as exploration deepens.
Graycliff Exploration Limited has announced promising results from its Phase 3 exploration program at the Shakespeare Gold Project in Ontario. The highlights include channel samples showing high gold grades, with notable results of 137 g/t over 0.71 m and 54.20 g/t over 0.56 m. This exploration has expanded the known mineralized zone significantly, confirmed by over 7,000 metres of drilling. The company plans further sampling this summer to identify new mineralization zones.
Graycliff Exploration Limited has initiated its Phase 4 drill program at the Shakespeare Gold Project in Ontario, aiming to complete at least 5,000 meters of core drilling. This program includes mobilizing a second drill rig, geophysical surveys, till sampling, and environmental baseline studies. Concurrently, the company is exploring the adjacent 1,500-hectare Baldwin Project, which shares geological characteristics with Shakespeare. The initial drill program at Baldwin will encompass up to 2,500 meters on prioritized targets. The company plans to provide updates on assay results throughout the year.