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55 North Mining Inc. Intersects 19.25 g/t Au over 15.7 metres, a Significant Widening of High Grade Gold Mineralization at Depth


55 North Mining Inc. Intersects 19.25 g/t Au over 15.7 metres, a Significant Widening of High Grade Gold Mineralization at Depth
55 North Mining Inc. (
CSE:FFF) (
55 North or the
Company ) is pleased to announce assay results from 4 additional holes of an ongoing diamond drill program at its high-grade Last Hope Gold Project, located near Lynn Lake, Manitoba.
Highlights -
19.25 g/t over 15.7 m in hole
LH-20-08.
LH-20-09.
LH-20-07.
Bruce Reid, President and Chief Executive Officer commented
Hole 8 has intersected high-grade gold over widths not seen on this project before. We are extremely excited about this development, and will be following up with drilling to expand this previously undiscovered potential wide, high grade zone of gold mineralization. Our drilling continues to indicate the excellent potential to grow the resource at the Last Hope Gold Project. This project is strategically located in close proximity to Alamos Ly ....

Lynn Lake , Peter Karelse , Bruce Reid , National Instrument , Mining Inc , Last Hope Gold Project , High Grade Gold , Chief Executive Officer , Last Hope Gold , Alamo Lynn Lake Gold Project , View Here , Plan View , Burnt Timber , Lynn Lake Gold Project , Last Hope , Lode Gold Deposit , Lynn Lake Greenstone Belt , Churchill Province , Qualified Person , Executive Officer , லின் ஏரி , காயங்கள் ரீட் , தேசிய கருவி , சுரங்க இன்க் , கடந்த நம்பிக்கை தங்கம் ப்ராஜெக்ட் , உயர் தரம் தங்கம் ,

55 North Mining Inc. Declares a Cash Dividend of C$0.0839 Per Share


55 North Mining Inc. Declares a Cash Dividend of C$0.0839 Per Share
55 North or the
Company ) is pleased to declare a cash dividend of C$0.0839
per share on a pre-roll up basis to shareholders of record as of July 11, 2020. The dividend represents the distribution to shareholders of the net proceeds of the sale of Aston Minerals Ltd. shares held by the Company. The Company s transfer agent, TSX Trust Company, will distribute the cash dividends.
Background
The shareholders of 55 North approved, at the Annual General and Special Shareholder Meeting (the AGSM ) on August 10, 2020, the sale of the Company s interest in the Edleston Gold Property, to Aston Minerals Ltd. ( Aston ), formerly European Cobalt Ltd. ( EC ), for C$750,000 and 100,000,000 EC Shares (the Consideration Shares ) by way of an in specie dividend. Following the AGSM, the Board of Directors (the Board ) approved a resolution that, following the completion of the sale of the interest in the ....

Bruce Reid , Trust Company , Mining Inc , Ontario Securities Commission , Aston Minerals Ltd , European Cobalt Ltd , Baston Minerals , Annual General , Special Shareholder Meeting , Edleston Gold Property , European Cobalt , Consideration Shares , Last Hope Gold Project , Executive Officer , காயங்கள் ரீட் , நம்பிக்கை நிறுவனம் , சுரங்க இன்க் , ஆஂடேரியொ பத்திரங்கள் தரகு , ஆஸ்டன் தாதுக்கள் லிமிடெட் , ஐரோப்பிய கோபால்ட் லிமிடெட் , ஆஸ்டன் தாதுக்கள் , ஆண்டு ஜநரல் , சிறப்பு பங்குதாரர் சந்தித்தல் , ஐரோப்பிய கோபால்ட் , கடந்த நம்பிக்கை தங்கம் ப்ராஜெக்ட் , நிர்வாகி அதிகாரி ,