In the same category

Windarra Minerals Ltd.

Published : June 06th, 2007

CLOSES PRIVATE PLACEMENT; DRILLING BEGINS ON PUKASKWA PROPERTY

( 0 vote, 0/5 ) Print article
  Article Comments Comment this article Rating Follow Company  
0
Send
0
comment
Keywords :   Gold |



NEWS RELEASE
JUNE 6, 2007


WINDARRA ("WRA") CLOSES PRIVATE PLACEMENT;
DRILLING BEGINS ON PUKASKWA PROPERTY


Windarra Minerals (the "Company") has completed the private placement
previously announced on May 14, 2007. The Company has raised $637,000
through the sale of 288,000 flow-through shares at a price of $0.25 per
share and 2,825,000 non flow-through units at a price of $0.20 per unit.
Each non flow-through unit consists of one common share and one common share
purchase warrant entitling the holder to purchase one additional common
share at a price of $0.25 for a period of two years from closing. The
securities issued pursuant to the private placement are subject to a hold
period expiring on October 6, 2007. Proceeds of the placement will be
applied to a drill program about to begin on the Company's Pukaskwa
property, located near Wawa, Ontario, as well as to general working capital.


The Company is also pleased to announce that it has satisfied all of the
requirements of the Pukaskwa Property Agreement and has thereby exercised
the option and earned a 100% interest in the Property from Messina Minerals
Inc.

The Company has contracted Cartwright Drilling Inc. to undertake a diamond
drill program of up to 1200 metres at the Pukaskwa Property. The primary
focus will be on the most attractive targets, the Middle Finger Lake and
Bonanza-Grade zones, neither of which has been drill-tested. Both zones
boast excellent results from trench-, grab-, and soil-sampling, and these
have been reported previously (see News Releases dated December 19, 2005,
April 5, 2006, and July 25, 2006).

The Pukaskwa property is located 50 kilometres west of Wawa, Ontario, less
than 20 km northwest of Wesdome's Eagle River Mine, which has produced
approximately 600,000 ounces gold since 1995. The property, which consists
of a belt of 55 contiguous unpatented mining claims spanning a length of
over 13 km, also lies 20 km southwest of the formerly-producing Magnacon
mine, in which Windarra holds an interest. Like the Pukaskwa property, the
Magnacon properties lie along the highly prospective Mishibishu gold belt.


On behalf of the Board of Windarra Minerals Ltd.

"John Pallot"
President

The TSX Venture Exchange has not reviewed and does not accept responsibility
for the
adequacy or accuracy of the content of this news release.

Susan Tessman
Corporate Secretary

Messina Minerals Inc.,
Windarra Minerals Ltd.,
Westward Explorations Ltd.
2300-1066 W. Hastings St.
Vancouver, B.C. V6E 3X2
Ph: 604.688.1508
Fx: 604.601.8253


.

Windarra Minerals Ltd.

CODE : WRA.V
Follow and Invest
Add to watch list Add to your portfolio Add or edit a note
Add Alert Add to Watchlists Add to Portfolio Add Note
ProfileMarket
Indicators
VALUE :
Projects & res.
Press
releases
Annual
report
RISK :
Asset profile
Contact Cpy

Windarra Min. is a gold exploration company based in Canada.

Windarra Min. holds various exploration projects in Canada.

Its main exploration properties are MAGNACON, JAMES BAY LOWLANDS CLAIMS and PUKASKWA in Canada.

Windarra Min. is listed in Canada. Its market capitalisation is CA$ 2.2 millions as of today (US$ 2.1 millions, € 1.6 millions).

Its stock quote reached its lowest recent point on December 09, 2002 at CA$ 0.01, and its highest recent level on December 22, 2005 at CA$ 0.55.

Windarra Min. has 36 847 000 shares outstanding.

Your feedback is appreciated, please leave a comment or rate this article.
Rate : Average note :0 (0 vote) View Top rated
 
Financings of Windarra Minerals Ltd.
8/20/2010Windarra Minerals Ltd. Announces Private Placement
6/6/2007CLOSES PRIVATE PLACEMENT; DRILLING BEGINS ON PUKASKWA PROPER...
5/14/2007Arrange Private Placement
Nominations of Windarra Minerals Ltd.
5/18/2010Windarra Minerals Ltd. appoints consultant for Africa
Project news of Windarra Minerals Ltd.
7/17/2013Wesdome and Windarra Announce Letter of Intent Regarding Acq...
2/9/2011to Drill Mishi Leases Gold Targets
6/9/2009(Pukaskwa)Closing of Magnacon Purchase and execution of the Pukaskwa
10/26/2007(Valentine Lake (leprechaun)) Complete Results for Diamond Drilling of Windarra's Pukaskw...
8/8/2007(Valentine Lake (leprechaun))Channel Sampling with Metallic Screen Assaying Shows that Fi...
7/26/2007(Valentine Lake (leprechaun))First Five Drillholes Confirm Excellent Potential of Gold Mi...
Corporate news of Windarra Minerals Ltd.
10/1/2013Wesdome Gold Mines and Windarra Minerals Announce Closing of...
9/23/2013Shareholders Approve Business Combination With Wesdome
7/30/2013Wesdome and Windarra announce definitive agreement regarding...
6/9/2011(WRA.V) Intersects Broad Zones of Near-Surface Gold Minerali...
5/7/2008Sells shares of Westward Explorations Ltd.
2/29/2008Notice of Intention to Sell
1/3/2008 Acquires Mishi Leases and Royalty to Expand Ontario propert...
Comments closed
 
Latest comment posted for this article
Be the first to comment
Add your comment
TSX-V (WRA.V)
0.060+0.00%
TSX-V
CA$ 0.060
10/02 15:58 -
0%
Prev close Open
0.060 0.050
Low High
0.050 0.060
Year l/h YTD var.
 -  -
52 week l/h 52 week var.
- -  0.060 -%
Volume 1 month var.
7,500 -%
24hGold TrendPower© : 19
Produces
Develops
Explores for
 
 
 
Analyse
Interactive chart Add to compare
Interactive
chart
Print Compare Export
You must be logged in to use the porfolio and watchlists (free)
Top Newsreleases
MOST READ
Annual variation
DateVariationHighLow
 
5 years chart
 
3 months chart
 
3 months volume chart
 
 
Mining Company News
Plymouth Minerals LTDPLH.AX
Plymouth Minerals Intersects Further High Grade Potash in Drilling at Banio Potash Project - Plannin
AU$ 0.12-8.00%Trend Power :
Santos(Ngas-Oil)STO.AX
announces expected non-cash impairment
AU$ 7.61+1.87%Trend Power :
Oceana Gold(Au)OGC.AX
RELEASES NEW TECHNICAL REPORT FOR THE HAILE GOLD MINE
AU$ 2.20+0.00%Trend Power :
Western Areas NL(Au-Ni-Pl)WSA.AX
Advance Notice - Full Year Results Conference Call
AU$ 3.86+0.00%Trend Power :
Canadian Zinc(Ag-Au-Cu)CZN.TO
Reports Financial Results for Q2 and Provides Project Updates
CA$ 0.12+4.55%Trend Power :
Stornoway Diamond(Gems-Au-Ur)SWY.TO
Second Quarter Results
CA$ 0.02+100.00%Trend Power :
McEwen Mining(Cu-Le-Zn)MUX
TO ACQUIRE BLACK FOX FROM PRIMERO=C2=A0
US$ 3.85-2.28%Trend Power :
Rentech(Coal-Ngas)RTK
Rentech Announces Results for Second Quarter 2017
US$ 0.20-12.28%Trend Power :
KEFIKEFI.L
Reduced Funding Requirement
GBX 0.60+2.39%Trend Power :
Lupaka Gold Corp.LPK.V
Lupaka Gold Receives First Tranche Under Amended Invicta Financing Agreement
CA$ 0.10+0.00%Trend Power :
Imperial(Ag-Au-Cu)III.TO
Closes Bridge Loan Financing
CA$ 2.40-2.04%Trend Power :
Guyana Goldfields(Cu-Zn-Pa)GUY.TO
Reports Second Quarter 2017 Results and Maintains Production Guidance
CA$ 1.84+0.00%Trend Power :
Lundin Mining(Ag-Au-Cu)LUN.TO
d Share Capital and Voting Rights for Lundin Mining
CA$ 7.14-0.70%Trend Power :
Canarc Res.(Au)CCM.TO
Canarc Reports High Grade Gold in Surface Rock Samples at Fondaway Canyon, Nevada
CA$ 0.27+1.89%Trend Power :
Havilah(Cu-Le-Zn)HAV.AX
Q A April 2017 Quarterly Report
AU$ 0.30+1.67%Trend Power :
Uranium Res.(Ur)URRE
Commences Lithium Exploration Drilling at the Columbus Basin Project
US$ 6.80-2.86%Trend Power :
Platinum Group Metals(Au-Cu-Gems)PTM.TO
Platinum Group Metals Ltd. Operational and Strategic Process ...
CA$ 2.43+2.10%Trend Power :
Devon Energy(Ngas-Oil)DVN
Announces $340 Million of Non-Core Asset Sales
US$ 70.88+2.62%Trend Power :
Precision Drilling(Oil)PD-UN.TO
Announces 2017Second Quarter Financial Results
CA$ 8.66-0.35%Trend Power :
Terramin(Ag-Au-Cu)TZN.AX
2nd Quarter Report
AU$ 0.04+0.00%Trend Power :