Makenita Resources Applies for Drill Permit in Ontario
Makenita Resources (CSE: KENY) (OTC Pink: KENYF) has submitted a drill permit application to initiate its maiden drill program at its Silver/Cobalt project in Ontario. The company expects drilling operations to commence in the upcoming weeks.
Company President Jason Gigliotti highlighted the strategic timing of the program, citing favorable conditions including the company's small float structure and rising silver prices. The project area, historically explored by Teck, has become more accessible due to forest fires clearing previously challenging terrain.
Makenita Resources (CSE: KENY) (OTC Pink: KENYF) ha presentato una domanda di permesso di perforazione per avviare il suo programma di perforazione iniziale presso il suo progetto Argento/Cobalto in Ontario. L'azienda prevede che le operazioni di perforazione inizino nelle prossime settimane.
Il Presidente dell'azienda, Jason Gigliotti, ha sottolineato il tempismo strategico del programma, citando condizioni favorevoli tra cui la piccola struttura di flottante dell'azienda e l'aumento dei prezzi dell'argento. L'area del progetto, storicamente esplorata da Teck, è diventata più accessibile grazie agli incendi boschivi che hanno liberato terreni precedentemente difficili da affrontare.
Makenita Resources (CSE: KENY) (OTC Pink: KENYF) ha presentado una solicitud de permiso de perforación para iniciar su programa de perforación inicial en su proyecto de Plata/Cobalto en Ontario. La empresa espera que las operaciones de perforación comiencen en las próximas semanas.
El Presidente de la empresa, Jason Gigliotti, destacó el momento estratégico del programa, citando condiciones favorables, incluyendo la pequeña estructura de flotación de la empresa y el aumento de los precios de la plata. El área del proyecto, históricamente explorada por Teck, se ha vuelto más accesible debido a los incendios forestales que han despejado terrenos que anteriormente eran difíciles de atravesar.
메카니타 리소스 (CSE: KENY) (OTC Pink: KENYF)는 온타리오에 있는 은/코발트 프로젝트에서 첫 번째 시추 프로그램을 시작하기 위해 시추 허가 신청서를 제출했습니다. 회사는 시추 작업이 곧 시작될 것으로 예상하고 있습니다.
회사의 사장인 제이슨 기글리오티는 프로그램의 전략적 시기를 강조하며, 회사의 작은 유통 구조와 상승하는 은 가격을 포함한 유리한 조건을 언급했습니다. 이 프로젝트 지역은 역사적으로 테크에 의해 탐사되었으며, 산불로 인해 이전에 어려운 지형이 해소되어 접근이 더 용이해졌습니다.
Makenita Resources (CSE: KENY) (OTC Pink: KENYF) a soumis une demande de permis de forage pour initier son premier programme de forage sur son projet Argent/Cobalt en Ontario. La société s'attend à ce que les opérations de forage commencent dans les semaines à venir.
Le Président de la société, Jason Gigliotti, a souligné le timing stratégique du programme, citant des conditions favorables, y compris la petite structure de flottation de l'entreprise et la hausse des prix de l'argent. La zone du projet, historiquement explorée par Teck, est devenue plus accessible grâce aux incendies de forêt qui ont dégagé un terrain auparavant difficile d'accès.
Makenita Resources (CSE: KENY) (OTC Pink: KENYF) hat einen Antrag auf eine Bohrgenehmigung eingereicht, um sein erstes Bohrprogramm in seinem Silber/Kobalt-Projekt in Ontario zu starten. Das Unternehmen erwartet, dass die Bohrarbeiten in den kommenden Wochen beginnen.
Der Präsident des Unternehmens, Jason Gigliotti, hob das strategische Timing des Programms hervor und verwies auf günstige Bedingungen, darunter die kleine Streuung des Unternehmens und die steigenden Silberpreise. Das Projektgebiet, das historisch von Teck erkundet wurde, ist aufgrund von Waldbränden, die zuvor schwieriges Gelände geräumt haben, zugänglicher geworden.
- Applied for maiden drill program permit in Ontario Silver/Cobalt project
- Improved site accessibility reducing exploration costs
- Favorable market timing with rising silver prices
- Pending regulatory approval for drill permit
- Project still in early exploration phase with no proven resources
Vancouver, British Columbia--(Newsfile Corp. - April 10, 2025) - Makenita Resources Inc. (CSE: KENY) (OTC Pink: KENYF) (WKN: A40X6P) is pleased to announce that it has applied for a drill permit to commence its maiden drill program at its Silver/Cobalt project in Ontario. The company anticipates that the drill program will begin in the coming weeks.
Jason Gigliotti, President of Makenita, stated, "We are excited to kick off our maiden drill program at such an opportune time. With a small float and silver prices trending upwards, the timing couldn't be better. The area has recently become more accessible due to forest fires opening up previously difficult-to-reach areas, and we're eager to explore the potential that this historic region holds—previously a focus of Teck."
About Makenita Resources Inc.
Makenita Resources holds the rights to the highly prospective Hector Silver/Cobalt Property, which encompasses 126 contiguous unpatented mineral claims covering 2,243 hectares (5,542 acres) in the Coleman and Gillies Limit Townships, within the renowned Larder Lake Mining Division, Timiskaming District, Ontario, Canada. This project is strategically positioned in one of Canada's most exciting mineral-rich regions, offering significant potential for discovery and value creation.
Why Makenita Stands Out
With silver prices on the rise and a focused exploration strategy, Makenita is well-positioned to drive growth and exploration success. The company's targeted approach, combined with its small float and access to a high-potential project, makes it an exciting opportunity for investors seeking exposure to silver and cobalt in a thriving market.
Contact Information:
Makenita Resources Inc.
Jason Gigliotti, President, CEO and Director
Phone: 604-609-6527
Email: info@makenitaresources.com
Website: www.makenitaresources.com
Makenita Resources Inc.
"Jason Gigliotti"
Jason Gigliotti
President, Chief Executive Officer and Director
The CSE has neither approved nor disapproved of the contents of this press release.
Forward-Looking Statements
Certain information in this news release may contain forward-looking statements that involve substantial known and unknown risks and uncertainties. Forward-Looking statements are often identified by terms such as "will", "may", "should", "anticipate", "expects" and similar expressions. All statements other than statements of historical fact included in this news release are forward-looking statements that involve risks and uncertainties. There can be no assurance that such statements will prove to be accurate and actual results and future events could differ materially from those anticipated in such statements. The reader is cautioned that assumptions used in the preparation of any forward-looking information may prove to be incorrect. Events or circumstances may cause actual results to differ materially from those predicted, as a result of numerous known and unknown risks, uncertainties, and other factors, many of which are beyond the control of Makenita. The reader is cautioned not to place undue reliance on any forward-looking information. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated. Forward-Looking statements contained in this news release are expressly qualified by this cautionary statement. The forward-looking statements contained in this news release are made as of the date of this news release and Makenita disclaims any intention or obligation to update or revise such information, except as required by applicable law.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/248042
FAQ
When will Makenita Resources (KENYF) begin its maiden drill program in Ontario?
Where is Makenita Resources' (KENYF) new drill program located?
What factors make the timing favorable for Makenita's (KENYF) drill program?
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