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Northern Sphere Mining Corp. (Seite 6)


WKN: A2DX1T | Symbol: N0B
0,015
C$
06.05.19
CSE
0,00 %
0,000 CAD

Neuigkeiten zur Northern Sphere Mining Aktie


Begriffe und/oder Benutzer

 

26. August um 09:58 A message from the CEO:
"Ladies and Gentlemen ,

I trust everyone is enjoying their summer ! It certainly has been hot and dry at least in our area .

September is coming and we hope a return to interest in our sector of the market ! Just want to let everyone Northern Sphere is ready !

I have been a long time in this business and this has been a very bad summer for so many junior mining companies . Except for a few in a certain place that is the flavour of the month . It appears to be getting some traction but when you look at it you have to think how many billions of dollars and how many years is it going to take to move any of them forward ?

Then look at Northern Sphere 's two properties and you will see a big difference . Let's do that quickly :

Arizona Property - 10 miles from Globe Arizona , 12 miles from Freeport's Miami Mine , 16 miles from the Rae Mine ( 252 m lbs. of copper and 600k ounces of silver ) , 37 miles from the Old Dominion 6% copper and 3 grammes gold for over 50 years . Copper Porphyry Heaven . The similarities are incredible we have done a major soil geochem survey and the results are off the charts ! 344 grammes (over 10 ounces) silver , 1/2 % copper , 2 grammes gold , and manganese that's just for starters ! We have more independent assays we are waiting on as well . If you are looking for blue sky that's about as good as you get ! We have also garnered the attention of 2 major mining companies .Then couple that with a major silver vein structure that has been drilled and found to be continuous to over 800 feet depth grades as high as 180 grammes ( over 5 ounce) silver great numbers for a vein structure . Currently at the face it is running over 700 grammes (28 ounce silver) !! This is not even the ore system that historically they direct shipped to the smelter .We have rehabbed the underground at the Buckeye , built the necessary infrastructure including full assay facility and gravity circuit . We even have our blasting permit !

Scadding Property - Approximately 40,000 acres located 50 kilometers from downtown Sudbury , Ontario , 17 kilometers off the Trans Canada Highway ! It has gold , nickel , PGM , copper ,cobalt and other minerals all on the same property . Blue sky is phenomenal but we also have a past producer that ran average 7.2 grammes grade for its entire production run . Shut down in ore due to gold price . We have expanded the potential by drilling near surface 12.9 grammes over 19.3 meters , 13.3 grammes over 10.5 meters , I could go on and on !! We have all the pieces of the puzzle in place and are just scratching the surface . The property is currently permitted for tailings reprocessing and has a plant on site .

As you can see we fill in all the boxes so lets talk general !

The company has currently has approximately 30 million shares outstanding at .065 cents for a market cap of less than 2 million dollars . We have very little overhead, no fancy office , no receptionist , our CFO gets paid by the hour , and our legal is done by an incredible lady who is both efficient and reasonably priced, and everything that goes along with these things .
We have paid all our taxes , our filings are all up to date , and we have very little debt ! In fact our team is so supportive that the key personnel converted debt to equity at 8 cents .

In the coming weeks and months we will have lots of good things coming down the pipe . We worked hard all summer putting the groundwork in place to launch what we feel will be a significant third and fourth quarter for the company .

Your continuing support is most appreciated . I know many have become disillusioned with the stock over the last 3 months and some have even questioned my management skills by the use of some very colourful words. Good news I had Goodyear tattooed on my back !! All kidding aside I can assure you that everything I do is in the best interest of firstly the shareholders , the company , the properties , and my team !!

We must continue to work hard and continue to " push the rope uphill " because as I have said before good companies will survive this current downturn and I am confident Northern Sphere will be one of them !!

Enjoy the rest of your weekend !

Thanks and regards ,

John"


***

Ich sehe diese Art der Kommunikation als sehr bedenklich an. Less talk, more execution!

Gruß phobieeee
Northern Sphere Mining Corp. announces Arizona Gold Processing Agreement with New Ruby Mining Corp.

Toronto, Ontario--(Newsfile Corp. - September 11, 2018) - Northern Sphere Mining Corp. (CSE: NSM) (OTCQB: NSMCF) ("NSM" or the "Company") is pleased to announce it has entered into a gold processing agreement with New Ruby Mining Corp. ("New Ruby") pursuant to which the Company has agreed to process up to 100 tons per day of high grade gold mineralized material from New Ruby's Houdon/Ellison gold property (the "Property"), located 80 miles north of NSM's Globe Arizona production facility.

The processing by NSM will consist of crushing, grinding, screening, gravity concentration and pouring of gold dore bars. New Ruby has agreed to deliver the gold mineralized material to the NSM production facility in batches. The Company will store the mineralized material until sufficient tonnage is received for a production run. Tailings will be returned to the Property as backhaul loads as milling is completed. Gold dore bars will be sold by NSM directly to the refinery.

NSM will provide all of the management and accounting support in connection with these arrangements, including the collection of payment for the sale of gold dore bars. Following receipt of payment on the sale of gold dore bars, NSM will make payment to New Ruby for the gold mineralized material based on a 50/50 net profit share arrangement.

The initial production run of gold mineralized material is scheduled to occur during the fourth quarter of 2018. Metallurgical testing will commence immediately upon receipt of a 500 lbs sample of gold mineralized material from New Ruby. NSM's production facility includes full gravity processing, an assay facility, maintenance shop and office.

"We are pleased that the Company will be in position to start generating revenue that will be used to advance our other assets," stated A. John Carter, Chief Executive Officer. "Specifically, we will be focusing on our copper/silver/gold/manganese anomaly in Arizona (approximately 3 miles from the Buckeye Mine) and our gold/copper/cobalt/platinum group metals property in Northern Ontario."

About Northern Sphere Mining Corp.

Northern Sphere is dedicated to growth through the acquisition and development of mining assets with an emphasis on gold, silver and copper. In efforts to expedite and optimize mineral targeting on its assets, the Company is employing cutting-edge exploration technologies to generate robust mining projects. Headquartered in Toronto, Ontario, Northern Sphere has a strong project pipeline of properties with a focus on gold, silver and other metal production in pro-mining jurisdictions.

Cautionary Statements

This press release contains forward-looking statements which reflect Northern Sphere's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Northern Sphere disclaims any obligation to update these forward-looking statements other than as required by applicable securities laws.

For further information, please contact:
A. John Carter
Chief Executive Officer
Northern Sphere Mining Corp.
Tel: 905-302-3843

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
11. September 2018 07:31 A message from the CEO:
"Ladies and Gentlemen ,

Please find attached (below) our latest press release issued this morning. This is very exciting news as it will potentially allow us to break out of the vicious cycle of never ending financings ! We have the facility and the expertise to continue to expand our production capability and this is the important first step . It is time for us to take control of our own destiny !

Our next step will be Buckeye . More too come on that in the near future .

I also keep telling everyone our properties and located in mine friendly areas and in close proximity to major mining companies and their infrastructure . I am amused when I see exploration crews on the side of a mountain living in a tent or waiting for the helicopter. Then I look at our crews who leave the site and a short time later they are sitting by the pool enjoying a dip before going to a nice restaurant for dinner !

We have incredible opportunities not just for the production aspect but the upside exploration of our Arizona copper / silver/ gold / manganese as well as our Sudbury Ontario gold / cobalt/ PGM properties .

We also have some other exciting things coming down the pipe which we will share with everyone as the come to fruition .

As always call me if you have any questions ?

Best regards ,

John"
N. Sphere acquires partner's interest in two properties
2018-09-14 09:06 ET - News Release

Mr. John Carter reports

NORTHERN SPHERE MINING CORP. ANNOUNCES PURCHASE OF THE SCADDING AND ARIZONA INTERESTS FROM JOINT VENTURE PARTNER

Northern Sphere Mining Corp. has acquired, for nominal consideration, Trueclaim Exploration Inc.'s remaining 20-per-cent interest in the joint ventures for the mineral property located in Scadding, Ont., and Globe, Ariz.

"This is a meaningful acquisition for Northern Sphere. We believe that the projects at our Scadding and Arizona properties have a great deal of potential," commented John Carter, chief executive officer of Northern Sphere Mining. "As a result of this acquisition, we now have complete control over these projects and we are better positioned to move them forward."

About Northern Sphere Mining Corp.

Northern Sphere is dedicated to growth through the acquisition and development of mining assets with an emphasis on gold, silver and copper. In efforts to expedite and optimize mineral targeting on its assets, the company is employing cutting-edge exploration technologies to generate robust mining projects. Headquartered in Toronto, Ont., Northern Sphere has a strong project pipeline of properties with a focus on gold, silver and other metal production in pro-mining jurisdictions.
Northern Sphere Mining Corp. Announces Proposed Private Placement and Debt Conversion
Toronto, Ontario--(Newsfile Corp. - September 20, 2018) - Northern Sphere Mining Corp. (CSE: NSM) (OTCQB: NSMCF) ("Northern Sphere" or the "Company") announced today that it proposes to raise up to $400,000 through a non-brokered private placement (the "Private Placement") of up to 5,000,000 units ("Units") of the Company at a price of $0.08 per Unit. Finders fees may be payable in connection with the Private Placement and the Private Placement may be closed in tranches. Each Unit will be comprised of one common share ("Common Share") of the Company and one Common Share purchase warrant (a "Warrant"). Each Warrant will be exercisable to acquire one Common Share (a "Warrant Share") for a period of three years months following the date of closing at an exercise price of $0.12 per Warrant Share, subject to adjustments in certain events.

The Company anticipates that the net proceeds from the Private Placement will be used for the ongoing development of mining assets and for general corporate purposes.

The Company also announced today that it proposes to effect a debt conversion (the "Debt Conversion") of approximately $334,000 owing to certain creditors of the Company. The Debt Conversion will consist of the issuance of Common Shares at a conversion price of $0.08 per Common Share.

Common Shares issued pursuant to the Private Placement and the Debt Conversion, and Warrant Shares issuable upon the due exercise of the Warrants, will be subject to a four-month hold period from the date of closing.

About Northern Sphere Mining Corp.

Northern Sphere is dedicated to growth through the acquisition and development of mining assets with an emphasis on gold, silver and copper. In efforts to expedite and optimize mineral targeting on its assets, the Company is employing cutting-edge exploration technologies to generate robust mining projects. Headquartered in Toronto, Ontario, Northern Sphere has a strong project pipeline of properties with a focus on gold, silver and other metal production in pro-mining jurisdictions.

Cautionary Statements

This press release contains forward-looking statements which reflect Northern Sphere's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Northern Sphere disclaims any obligation to update these forward-looking statements other than as required by applicable securities laws.

For further information, please contact:

A. John Carter
Chief Executive Officer
Northern Sphere Mining Corp.
Tel: 905-302-3843

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Northern Sphere Mining Corp. Announces Closing of Private Placement and Debt Conversion
Toronto, Ontario--(Newsfile Corp. - September 21, 2018) - Northern Sphere Mining Corp. (CSE: NSM) (OTC Pink: NSMCF) ("Northern Sphere" or the "Company") is pleased to announce the closing of the first tranche of its previously announced private placement. The Company issued 1,800,000 units of the Company ("Units") at a price of $0.08 per Unit for aggregate gross proceeds of $144,000. Each Unit is comprised of one common share ("Common Share") of the Company and one Common Share purchase warrant (a "Warrant"). Each Warrant will be exercisable to acquire one Common Share (a "Warrant Share") for a period of three years following the date of closing at an exercise price of $0.12 per Warrant Share, subject to adjustments in certain events.

Common Shares and Warrants issued pursuant to the private placement and Warrant Shares issuable upon the due exercise of the Warrants are subject to a four-month hold period from the date of closing. The net proceeds from the private placement will be used towards ongoing development of mining assets and for general working capital.

Northern Sphere also announced that it has closed a debt conversion of approximately $334,000 owing to certain creditors of the Company. The debt conversion consisted of the issuance of 4,171,151 Common Shares of the Company at a conversion price of $0.08 per share. Common Shares issued on the conversion of outstanding debt, will also be subject to a four-month hold period from the date of closing.

About Northern Sphere Mining Corp.

Northern Sphere is dedicated to growth through the acquisition and development of mining assets with an emphasis on gold, silver and copper. In efforts to expedite and optimize mineral targeting on its assets, the Company is employing cutting-edge exploration technologies to generate robust mining projects. Headquartered in Toronto, Ontario, Northern Sphere has a strong project pipeline of properties with a focus on gold, silver and other metal production in pro-mining jurisdictions.

Cautionary Statements

This press release contains forward-looking statements which reflect Northern Sphere's current expectations regarding future events. The forward-looking statements involve risks and uncertainties. Actual results could differ materially from those projected herein. Northern Sphere disclaims any obligation to update these forward-looking statements other than as required by applicable securities laws.

For further information, please contact:

A. John Carter
Chief Executive Officer
Northern Sphere Mining Corp.
Tel: 905-302-3843

The Canadian Securities Exchange has not reviewed and does not accept responsibility for the adequacy or accuracy of this release.
Antwort auf Beitrag Nr.: 58.846.605 von phobieeee am 01.10.18 22:08:46

Insgesamt ein sehr enttäuschendes Investment meinerseits. Hinter geschlossenen Türen brodelt es.

Gruß phobieeee


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