Lucky Minerals Stock Price, News & Analysis

Lucky Minerals Inc. (TSXV: LKY, OTC: LKMNF) is set to join Renmark Financial Communications' Virtual Non-Deal Roadshow Series in January 2023. The events will take place on January 10, 12, 17, and 24, featuring presentations by President and CEO François Perron. Attendees can expect insights from the latest investor presentation followed by a live Q&A session. Interested investors are encouraged to register as spots may be limited. Replays of the presentations will be available on the Company's website post-event.

Lucky Minerals Inc. (LKMNF) has secured conditional approval from the TSX Venture Exchange and disinterested shareholders for a drilling contract with Hubbard Perforaciones Ecuador Cia Ltda. Under this contract, Lucky will issue Common Shares valued up to US$800,000 for drilling services at its Fortuna Property in Ecuador. The shares will vest immediately and are subject to a four-month hold period. The Fortuna Project comprises 550 km² of mineral exploration concessions in a prospective gold belt. No change of control or new insiders will result from this agreement.

Lucky Minerals Inc. (TSXV:LKY)(OTC PINK:LKMNF) announced ongoing geological mapping and sampling at the Wayka gold discovery in Ecuador's Fortuna Property, which spans 55,000 hectares. Recently, Channel 20 reported a gold grade of 1.04 g/t over 13 metres. The mineralized breccia zone now measures 60 metres by 25 metres and is open in all directions. The company is conducting surface trenching around the Kelly and Discovery zones, with 60 gold assays pending. CEO Francois Perron highlighted the project's potential, particularly due to its association with a magnetic low anomaly.

Lucky Minerals Inc. (TSXV:LKY, OTC PINK:LKMNF) announced the results of its Annual General Meeting (AGM) held on December 6, 2022. Shareholders approved all resolutions in the Information Circular dated November 10, 2022. Key outcomes included the acceptance of the audited financial statements for the fiscal year ending October 31, 2021, the appointment of PricewaterhouseCoopers LLP as auditors, and the approval of a new rolling stock option plan allowing the issuance of shares up to 10% of the company's capital. Additionally, a Shares for Services Resolution was approved.

Lucky Minerals Inc. (OTC PINK:LKMNF) continues its exploration at the Wayka epithermal gold discovery, part of its 100% owned Fortuna Property in Ecuador. The latest results include notable gold assays, with Channel 15 returning 0.19 g/t gold over 19 metres, enhancing the geological understanding of the Kelly Zone. Ongoing field work aims to confirm additional mineralized targets, and results from 31 pending assays will be released soon. The company utilizes stringent QA/QC protocols for exploration, ensuring reliable data.

Lucky Minerals Inc. (LKMNF) has resumed geological mapping, trenching, and channel sampling at its Wayka epithermal gold discovery in Ecuador's 55,000 hectare Fortuna Property. Recent work at Trench 31 revealed anomalous gold values up to 0.043 g/t Au, suggesting the potential for further mineralization. The company continues to explore and expand its understanding of the mineralized system, with 35 assays pending from the discovery zone. The site remains open in all directions, indicating promising exploration opportunities.

Lucky Minerals Inc (TSXV:LKY, OTC PINK:LKMNF) announced the issuance of 133,891 common shares to Franklin Vinicio Viera Ramos for consulting services provided during June and August 2022. The shares, priced at $0.057 each, received approval from the TSX Venture Exchange and are subject to a hold period until March 1, 2023. Viera Ramos, a notable geologist in Ecuador, contributed to various technical consulting roles, aiding the Company's Fortuna Project, which spans 550 km² in a prospective gold belt.

Lucky Minerals Inc. (OTC PINK:LKMNF) announced the issuance of 159,310 common shares at $0.057 per share to Franklin Vinicio Viera Ramos for consulting services related to its Ecuador property. This issuance, approved by the TSX Venture Exchange, compensates technical consulting provided during July and August 2022. The shares are subject to a hold period until January 13, 2023. Lucky owns a 100% interest in the Fortuna Property, located in a promising gold belt in Ecuador, consisting of 550 km² of exploration concessions.

Lucky Minerals Inc. (OTC PINK:LKMNF) has received conditional approval from the TSX Venture Exchange for a services agreement with Franklin Vinicio Viera Ramos. In exchange for his consulting services provided from May 1 to June 30, 2022, the Company will issue 115,867 common shares at a deemed price of $0.077 per share. These shares will be subject to a hold period expiring on November 23, 2022. Mr. Viera, a prominent geologist in Ecuador, has contributed to Lucky's drilling phase for its Fortuna Property, which spans 55,000 hectares in a promising gold belt in southern Ecuador.