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 reports news centered on its public-company governance, capital structure and mineral exploration activities, including references to its Shakespeare gold project. Company updates include board and executive appointments, annual meeting voting results, auditor appointments, shareholder matters and receipt of audited financial statements and MD&A.
Recurring announcements also cover equity financing activity, common share and warrant terms, proposed capital-structure changes and material agreements tied to exploration data and project assets. The company trades on the CSE under GRAY and on the OTC Pink market under GRYCF.
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.
Graycliff Exploration has successfully completed Phase Three drilling at the Shakespeare Gold Project, expanding the gold mineralized zone by approximately 150 m at depth and 120 m along strike. To date, around 7,000 meters have been drilled with significant results reported from 24 of 45 holes. The high-grade gold zones remain open in all directions, supporting the company's exploration thesis. The upcoming Phase Four drilling will further explore these promising areas.
Graycliff Exploration Limited has released promising assay results from its Shakespeare Gold Project in Ontario, indicating significant gold mineralization. Drill hole J-22-21 showcased high-grade results with 46.19 g/t Au over 2.70 m and exceptional intervals up to 415.00 g/t over 0.50 m. The mineralized zone has been extended by approximately 50 m, and further exploration is planned. Areas near the historic Miller Shaft continue to show potential for resource expansion, positioning the company favorably for future drilling campaigns.
Graycliff Exploration has completed the second tranche of its private placement, issuing 1,124,99 Units at $0.30 for gross proceeds of $349,498.80. Each Unit includes a common share and a warrant, allowing for purchase of a share at $0.45 within two years. Previously, the first tranche raised $1,076,989.85 through 3,589,963 flow-through units. Funds will be used for general working capital. The directors' participation counts as a related party transaction. All securities have a hold period of four months and one day.
Graycliff Exploration Limited (CSE:GRAY, OTCQB:GRYCF) has successfully completed a private placement, raising $1,076,989.95 by issuing 3,589,963 flow-through units at $0.30 each. Each unit consists of one common share and a half warrant, with full warrants priced at $0.45 for two years. The funds will be used to expand exploration at the Shakespeare Project and initiate activities at the adjacent Baldwin Project. The financing involves a related party transaction and carries a hold period of four months post-issuance.
Graycliff Exploration Limited will present live at VirtualInvestorConferences.com on December 9, 2021, at 1:30 PM EST. The event allows real-time Q&A for investors. Graycliff's flagship Shakespeare Project, spanning 1,025 hectares, shows promising gold potential with significant historical yields. Current drilling phases include highlights of up to 19.4 g/t Au. The company also owns the Baldwin Project and is actively pursuing further exploration initiatives.
Graycliff Exploration Limited has announced significant assay results from its Shakespeare Gold Project, located near Sudbury, Ontario. The final results from the 2,200-metre Phase Two drilling program revealed high-grade intervals, notably 19.38 g/t gold over 4.20 metres in drill hole J-21-21. This includes impressive grades of 112.00 g/t over 0.60 metres. The company plans to shift focus to Phase Three of the project, which aims to expand the mineralized zone. The Shakespeare Project covers historic gold mining land, emphasizing its potential for future exploration.
Graycliff Exploration Limited (OTCQB: GRYCF) has reported assay results from its Shakespeare Gold Project in Ontario. The 2,200-metre Phase Two drilling program has successfully identified significant gold mineralization near the historic Miller shaft. Notably, Drill Hole J-17-21 revealed 4.83 g/t gold over 3.0 meters, including 13.40 g/t over 1.0 meter. The defined gold mineralization now spans approximately 115 meters, with expectations of further extensions below current drilling depths. The company is optimistic about the potential of its geological modeling efforts to uncover new targets.
Graycliff Exploration Limited (CSE:GRAY, OTCQB:GRYCF) has reported promising assay results from its Shakespeare Gold Project in Ontario. Drill Hole J-10-21 showed significant gold mineralization with 5.51 g/t Au over 4.0 m, including 24.60 g/t over 0.55 m. The successful intercepts in 9 out of 14 holes indicate strong potential for the project. However, some holes encountered historic underground workings or poor core recoveries. President James Macintosh expressed confidence in the project's value, given the ongoing success of the drilling program.