Wildsky Resources Inc. reports developments tied to its mineral exploration and development business. The company is Canadian based and describes its current property focus in Nigeria, while also evaluating new property opportunities through international connections.
Recurring news for HWTHF includes governance changes, incentive stock option grants, material agreements, capital-structure disclosures and strategic investments related to mineral exploration. Company updates have also covered its equity position in Minesound Inc., a business associated with seismic frequency resonance methods for solid mineral exploration.
Wildsky Resources (HWTHF) signed a binding letter of intent to acquire a 100% interest in Zimbabwe's NewRidge Gold Project from Golden Cube.
The proposed acquisition includes an option over three adjacent claims. NewRidge's main claim covers 150 hectares and has an active mining permit and environmental approval. Payments comprise US$100,000 upon signing a definitive agreement; US$200,000 and 1,000,000 shares at six months; US$1,700,000 and 4,000,000 shares after title transfer; and US$1,000,000 and 6,000,000 shares within six months thereafter.
The deal requires satisfactory due diligence and TSXV approval; Wildsky expects a trading halt pending documentation review. An existing joint venture retains specified shallow oxide mining rights. Wildsky terminated two prior proposed transactions to focus on NewRidge. Phoenix agreed to repay its US$255,000 loan, but repayment has not been reported as received.
Wildsky Resources (OTC:HWTHF) signed a non-binding LOI to acquire Phoenix Art Ltd, which holds a 51% interest in Wilsite Gold Mining, the 100% holder of the Felsite Gold Project — ~250 hectares near Gweru, Zimbabwe.
Work to date includes >7 km of trenches, 1,100+ assays, LiDAR and aeromagnetic surveys; a 5,000 m Phase I drill program is planned and the site is described as drill-ready. The LOI contemplates a USD $1,998,000 cash purchase for Phoenix and is subject to a definitive agreement and TSX Venture Exchange approval.
Wildsky Resources (HWTHF) entered a non-binding MOU to option a Zimbabwe gold/base-metal property covering 484.14 km2 (EPOs 1725 and 1622).
To earn 100% the company must pay USD 100,000 on signing, additional USD 50,000 plus USD 100,000 in shares at 12 months, issue USD 200,000 in shares and spend USD 2,000,000 on exploration within 24 months. A 5% NSR applies, capped at USD 10,000,000. Transaction requires a formal option agreement and Exchange approval.
Wildsky Resources (OTC:HWTHF) announced a board change effective January 21, 2026: director Zonglin Zhang resigned effective immediately and Kairin Liu was appointed to the board.
Mr. Liu joined the company as Vice President–Exploration in December 2024, holds a PhD from Colorado School of Mines, a BEng from China University of Geosciences and a BSc from University of Waterloo, has ~10 years of exploration experience across Canada, the USA and Bolivia, and is a registered Professional Geologist with EGBC. His board appointment is subject to TSX Venture Exchange approval.
Wildsky Resources (HWTHF) announced on January 18, 2026 that it granted 2,100,000 incentive stock options to certain officers, directors and consultants. Each option permits the purchase of one common share at a price of $0.17 per share and expires at the end of business on the fifth anniversary of the grant date. Each Option is subject to a statutory hold period of four months and one day. The grant is intended as equity compensation to specified insiders and advisors.
Wildsky Resources (TSXV: WSK) has announced the granting of 2,100,000 incentive stock options to its officers, directors, and consultants. The options allow holders to purchase common shares at $0.10 per share and will be exercisable for a five-year period from the grant date. Each option is subject to a mandatory four-month and one-day statutory hold period.
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