Kesselrun Rcs Stock Price, News & Analysis

Kesselrun Resources (OTCQB: KSSRF) filed a management information circular dated October 21, 2025 and commenced mailing special meeting materials for a proposed plan of arrangement under British Columbia law with Gold X2 Mining.

Under the Arrangement each Kesselrun share will receive approximately $0.0213 cash plus 0.2152 Gold X2 shares. An interim order of the Supreme Court of British Columbia was obtained on October 20, 2025 to call the Meeting, which is scheduled for November 21, 2025 at 10:00 a.m. (Vancouver time). The Board recommends shareholders vote FOR the Arrangement Resolution.

Meeting materials are posted on SEDAR+ and Kesselrun's website; mail delivery may be delayed due to the Canada Post labour strike and affected shareholders can request materials or vote via proxy or intermediary.

Gold X2 Mining (OTCQB: GSHRF) has entered into a definitive agreement to acquire Kesselrun Resources Ltd. in a cash and stock transaction. Under the deal terms, Kesselrun shareholders will receive $0.02 in cash and 0.2152 Gold X2 shares for each Kesselrun share held, resulting in Kesselrun shareholders owning approximately 4.13% of Gold X2 post-transaction.

The acquisition will give Gold X2 100% ownership of the high-grade Huronian Gold Project, strategically located adjacent to Gold X2's Moss Gold Project in Northern Ontario. The transaction includes a $500,000 interest-free bridge loan to Kesselrun and agreement to pay $2,000,000 in outstanding Kesselrun debt. The deal is expected to close around November 27, 2025, subject to shareholder, regulatory, and court approvals.

Kesselrun Resources (TSXV: KES) (OTCQB: KSSRF) has announced significant findings from its McKellar West target area exploration. The company has identified two separate parallel zones - McKellar West and Minoletti - which substantially increase exploration potential. The McKellar West zone now extends to the far west property boundary with approximately 1,400 metres of untested strike extent.

The discovery stems from a detailed UAV magnetic survey and ground exploration conducted during summer and fall 2024. The survey covered multiple areas including McKellar West, Huronian North, Span North, Span South, and Moss South target areas, with follow-up mapping and sampling performed on selected locations.

This new interpretation revises previous understanding from over 50 years ago, when the area was thought to contain only one zone. The company plans to conduct further follow-up work on selected target areas to prepare them for a potential drill program later in 2025.

Kesselrun Resources (OTCQB: KSSRF) has completed its 2024 exploration program at the Huronian Gold Project, which includes a past-producing mine and historic gold resource. The program featured a high-resolution UAV magnetic survey over five target areas and a comprehensive mapping and sampling initiative collecting 82 rock samples.

The exploration was partially funded through an Ontario Junior Exploration Program grant, covering 50% of expenditures up to $200,000. The magnetic survey successfully identified structural features associated with gold mineralization across all target areas, particularly in the Span North, Huronian North, McKellar West, Span South, and Moss South regions.

The project's McKellar West area shows 1,600 meters of untested potential strike extent from the last drilled hole, which previously intercepted 24.0 metres of 1.3 g/t gold. The company plans to incorporate the 2024 data into its model and refine targets for the upcoming 2025 field season, with future plans including LiDAR and additional magnetic surveys.

Kesselrun Resources (TSXV: KES) (OTCQB: KSSRF) has announced its participation in the upcoming PDAC 2025 Convention, the world's premier mineral exploration and mining event. The convention will take place in Toronto from March 2nd to March 5th, 2025.

Investors and attendees can meet with Kesselrun's management team at booth 2536 in the Investor Exchange at the Metro Toronto Convention Centre, where they will discuss the company's ongoing exploration plans.

Kesselrun Resources is a Thunder Bay, Ontario-based mineral exploration company focused on growth through property acquisitions and discoveries. The company specializes in exploration within Northwest Ontario, with management possessing strong geological and exploration expertise in the region.

Kesselrun Resources (TSXV: KES) (OTCQB:KSSRF) has been selected to receive up to $200,000 from the Ontario Government's Junior Exploration Program (OJEP). The funding will cover 50% of exploration expenditures at the company's Huronian Gold Project between April 1, 2024, and February 28, 2025.

The Huronian Project, which is 100% owned by Kesselrun, includes the past-producing Huronian Mine and holds a historic resource estimate of 44,592 oz Au at 15.3 g/t Au (indicated) and 501,377 oz Au at 14.4 g/t Au (inferred). The project is adjacent to Goldshore Resources' Moss Gold Project, which has a current resource of 1.23M oz Au at 1.22 g/t Au (indicated) and 4.92M oz Au at 1.09 g/t Au (inferred).

Kesselrun Resources has initiated exploration activities at its 100% owned Huronian Gold Project, which includes a past-producing mine and historic gold resource. The project is adjacent to Goldshore Resources' Moss Gold Project with 1.23M oz Au Indicated and 4.92M oz Au Inferred resources. Current exploration includes mapping, sampling, and UAV magnetics surveys across multiple target areas: Huronian Mine Area, McKellar West Area, Moss South Area, Span North & South Areas, and Huronian North. Recent drilling at McKellar West showed 24.0 metres of 1.3 g/t gold, with 1600 metres of untested potential strike extent remaining.

Kesselrun Resources (TSXV: KES) (OTCQB: KSSRF), a gold exploration company focused on the high-grade Huronian Gold Project in Northwestern Ontario, has announced its participation in Red Cloud's Fall Mining Showcase. The event will take place on October 16 & 17, 2024, at the Sheraton Centre Toronto Hotel.

Michael Thompson, President & CEO of Kesselrun Resources, is scheduled to present on October 17th at 4:20 PM Eastern Standard time. The company invites shareholders and interested parties to attend the conference, which will be hosted in-person. Registration details for the event can be found on Red Cloud's website.

Kesselrun Resources (TSXV: KES) has announced its participation in a live virtual corporate update hosted by Red Cloud Financial Services on September 16th, 2024 at 2:00 PM ET. This webinar presents an opportunity for shareholders and interested parties to gain insights into the company's activities and participate in a Q&A session. The event will focus on Kesselrun's efforts in advancing the high-grade Huronian Gold Project in an emerging gold district.

Participants can register for the webinar through the provided link, and a replay will be made available afterwards. This presentation serves as a platform for Kesselrun to showcase its progress and engage with its investor community, potentially impacting market perception and investor interest in the company's gold exploration endeavors.