Company
Lucky Minerals
CVE:LKY
Lucky Minerals is a TSX-V listed gold exploration company focused on advancing its Fortuna Project located in Ecuador. The company’s most advanced project is the Wayka Epithermal Gold Discovery where a program of trenching has defined a large area of epithermal gold mineralisation at surface. The scale of system has yet to be fully defined and more work is required to understand the target’s full potential. The company expects to be drilling the Wayka project in the coming months.
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Lucky Minerals resumes fieldwork at Wayka gold discovery at Fortuna; continues to find 'right plumbing'
Wayka lies along a ridge that trends northeast up to 3,700 metres (m) above sea level and is bound to the east by the El Buitre porphyry and to the west by the Emma porphyry
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Lucky Minerals closes non-brokered private placement of 35,714,286 units for gross proceeds of C$2 million
Investors in the offering include Michael Gentile and Victor Cantore who now respectively have ownership in the company of approximately 18.5% and approximately 7.4% on a partially diluted basis
Lucky Minerals increases non-brokered private placement to gross proceeds of up to $2.0M, adds another experienced investor
Francois Perron, Lucky’s president and CEO commented: “The foundation for our future growth continues to be strengthened with the addition of Mr Cantore to our shareholder base"
Lucky Minerals announces private placement for gross proceeds of up to C$1.848M which will see a new strategic investor take a big stake
Investors in the offering include Michael Gentile, who as a result intends to increase his share ownership in the company potentially up to approximately 19.9% on a partially diluted basis
Lucky Minerals says trenching at its Ecuador gold discovery has identified additional mineralization ahead of its upcoming drill program
The company said a sample taken from a lens of magnetite returned 7.81 g/t gold over 1m
Lucky Minerals says mobilization for an upcoming drilling campaign at its Ecuador gold discovery is underway
The company said drilling at its Fortuna property is set to begin in June
Lucky Minerals says assay results for trench T-21 at Fortuna property shows 5.24 g/t gold across 14 metres
"The fact that this structure is approximately 100 metres from where high-grade trenches T5-T6 are, highlights the potential for multiple mineralized structures relatively close to each other,” said François Perron, president and CEO of Luc
Lucky Minerals unveils more trench sampling results from Wayka gold discovery in Ecuador
The latest assays come from three trenches - a cluster comprising T-17, T-18 and T-19 - which sit around 75 metres (m) south of the combined trenches T-5 and T-6 where an average of 1.67 grams per ton (g/t) gold was reported over 61m
Lucky Minerals says soil alteration mapping expands southern alteration zone at Wayka
A total of 1,027 soil samples were taken along a 50 x 50-meter grid at Wayka
Lucky Minerals outlines two large gold areas at Wayka discovery ahead of a planned 3,000 metre drill program
The strongest of the two areas measures nearly 700 metres by 400 metres and contains soil values ranging from 0.035 to 1.43 parts per million (ppm) gold