TORONTO, ONTARIO — (Marketwire) — 09/19/12 — Strike Minerals Inc. (TSX VENTURE: STK) ("Strike" or the "Company") announces that the Company has issued 3,000,000 common shares to purchase mining equipment to be used to place the Edwards gold mine property into production. The shares have been issued at $.07 per share reflecting the share price at the time of agreement.Strike has been finalizing underground plans and a budget to commence underground production at Edwards.
TORONTO, ONTARIO — (Marketwire) — 09/17/12 — Strike Minerals Inc. (TSX VENTURE: STK) ("Strike" or the "Company") announces results from drill hole HH-12-03 recently completed on the Harkness-Hays Property. The property is located in the Hemlo – Schreiber greenstone belt of northwestern Ontario, approximately 200 km east of Thunder Bay, and 70 km west of Hemlo.Hole #3, HH-12-03 (Az 301, dip -29.5) has intersected gold mineralized zones from 65 to 90 meters below Hole #1 (
TORONTO, ONTARIO — (Marketwire) — 06/25/12 — Strike Minerals Inc. ("Strike") (TSX VENTURE: STK) announces that the Company is continuing the underground development at the Edwards Mine project and commencing drilling at its Schreiber property.The Edwards #1 vein extends from the surface. It is open in depth. On the 60 meter level, a drift length of 29.4 m has been driven on the Edwards #1 vein and has an average grade of 25 g/t over a 1.5 m width. This zone aligns with historical
TORONTO, ONTARIO — (Marketwire) — 05/09/12 — Strike Minerals Inc. ("Strike") (TSX VENTURE: STK) is pleased to announce the commencement of the diamond drilling campaign on Harkness Hays historical gold mine, Priske Township, Schreiber Area, Northern Ontario, Canada. The program is designed to test strike length, depth and continuity of the previously mined mineralized structures.An initial program totalling 1,000 metres of NQ size diamond drill holes has been designed for this pre
TORONTO, ONTARIO — (Marketwire) — 03/14/12 — Strike Minerals Inc. ("Strike") (TSX VENTURE: STK) announces that the company has issued 2,500,000 shares as a payment for a two year lease for certain mining equipment to be used on the Edwards property. The shares have been issued at $.10 per share reflecting the share price at the time of agreement. The shares were requested by the equipment provider.This underground equipment will be used to assist in the current development work be
TORONTO, ONTARIO — (Marketwire) — 02/27/12 — Strike Minerals Inc. (TSX VENTURE: STK) ("Strike" or the "Company"), announces today that it has signed an agreement with Waterton Global Value, L.P. ("Waterton") that will provide the Company with up to $3,500,000 of financing consisting of Gold Stream Debt Financing (the "Gold Stream Debt Financing").The principal amount of the Gold Stream Debt Financing, being $3,500,000, will be secured by the assets of
TORONTO, ONTARIO — (Marketwire) — 02/13/12 — Strike Minerals Inc. ("Strike") (TSX VENTURE: STK) announces that the company is proceeding with the development of the Edwards Mine, 50 km NE of Wawa, Ontario. Strike announces that is appointing Kerry D. Smith P. Eng., MBA as President of the Company.Mr. Smith is an experienced individual with more than 30 years experience in the mining business. Previously he was with Hudson Bay Mining and Smelting and Denison Mines and worked as a m
TORONTO, ONTARIO — (Marketwire) — 02/09/12 — Strike Minerals Inc. ("Strike") (TSX VENTURE: STK) announces that the company has commenced an underground development plan to test drill delineated gold mineralized zones on both the 60m and 90m levels of the Company-s Edwards Mine, 50 km NE of Wawa, Ontario.The dewatering is now at 120m and underground development work to extend existing workings for 65m on the 60m level and 260 m on the 90m level is commencing. This development is pl
TORONTO, ONTARIO — (Marketwire) — 02/07/12 — Strike Minerals Inc. ("Strike") (TSX VENTURE: STK) announces that the company has completed a cursory surface investigation of the company-s "Hemlo West Properties" located near Schreiber, Ontario.The Company conducted a limited evaluation on the historical Harkness-Hayes property to determine accessibility to the property and obtained grab samples that contained any alteration (silicification, carbonitization) and/or rusty we
TORONTO, ONTARIO — (Marketwire) — 07/27/11 — Strike Minerals Inc. (TSX VENTURE: STK) ("Strike" or the "Company"), announces that dewatering has commenced on its Edwards property.Mobilization is 90% complete with all the necessary equipment delivered to the site. The camp has been repaired to accommodate the dewatering crew. Electrical power including new transformers has been re-established to mine portal. Pumps vent fan and compressed air have been installed at the mine