Hilo Mining and Capella Minerals Announce Signing of Definitive Agreement to Earn up to 80% in Finnish Lithium Project
Vancouver, British Columbia--(Newsfile Corp. - March 20, 2023) - Hilo Mining Ltd. (TSXV: HILO) ("Hilo" or the "Company") is pleased to announce that it has entered into a definitive earn-in agreement (the "Earn-In Agreement") with Capella Minerals Limited (TSXV: CMIL) (OTCQB: CMILF) (FSE: N7D2) ("Capella") to earn up to an 80% interest in a portfolio of lithium (lithium-cesium-tantalum, or "LCT") and rare-earth element ("REE") pegmatite reservations held by Capella in central Finland (the...
2023-03-20 8:00 AM EDT
Hilo Mining Announces Non-Binding Letter of Intent to Earn up to 80% in a Lithium Project
Vancouver, British Columbia--(Newsfile Corp. - March 6, 2023) - Hilo Mining Ltd. (TSXV: HILO) ("Hilo" or the "Company") is pleased to announce that is has entered into a non-binding letter of intent (the "Letter of Intent") with Capella Minerals Limited ("Capella"). The Letter of Intent provides that Capella and Hilo will have 30 days to negotiate a definitive earn-in agreement (the "Earn-In Agreement") pursuant to which Hilo may earn up to an 80% interest in Capella's 100% owned...
2023-03-06 6:00 AM EST
Hilo Mining Announces Closing of Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2023) - Hilo Mining Ltd. (TSXV: HILO) ("Hilo Mining" or the "Company") is pleased to announce it has closed its previously announced non-brokered private placement (the "Private Placement") consisting of 12,800,000 units ("Units") at a price of $0.09 per Unit for total gross proceeds of $1,152,000. Each Unit consists of one common share and one-half of a common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant is...
2023-02-24 5:00 PM EST
Hilo Mining Announces Non-Brokered Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 10, 2023) - Hilo Mining Ltd. (TSXV: HILO) ("Hilo Mining" or the "Company") is pleased to announce a non-brokered private placement (the "Private Placement") consisting of up to units 12,800,000 ("Units") at a price of $0.09 per Unit for total gross proceeds of up to $1,152,000. Each Unit consists of one common share and one-half of a common share purchase warrant (each whole warrant, a "Warrant"). Each Warrant is exercisable for one...
2023-02-10 9:00 AM EST
Hilo Mining Announces Geophysical Survey Results at Champ
Vancouver, British Columbia--(Newsfile Corp. - February 7, 2023) - Hilo Mining Ltd. (TSXV: HILO) ("Hilo Mining" or the "Company") is pleased to announce the results of the 2022 Induced Polarization ("IP") survey at its 100% owned Champ precious metals project (the "Champ Property"), located in the West Kootenays near Castlegar, British Columbia. SJ Geophysics Ltd. completed 6.5-line km of 3D IP surveying centred on the Dirty Jack showing. The Dirty Jack is a zone of massive sulfide fracturing...
2023-02-07 8:00 AM EST
Hilo Mining Ltd. Commences IP Survey at Champ Property
Vancouver, British Columbia--(Newsfile Corp. - November 17, 2022) - Hilo Mining Ltd. (TSXV: HILO) ("HILO" or the "Company") is pleased to announce the commencement of the 2022 Induced Polarization ("IP") survey at its 100% owned Champ precious metals project (the "Property"), located in the West Kootenays near Castlegar, British Columbia. SJ Geophysics Ltd. of Delta, BC will undertake 3D IP surveying at the Dirty Jack showing, which consists of massive sulfide fractures and disseminated...
2022-11-17 8:00 AM EST
Hilo Mining Ltd. Provides Update on Champ Property
Vancouver, British Columbia--(Newsfile Corp. - September 6, 2022) - Hilo Mining Ltd. (TSXV: HILO) ("HILO" or the "Company") is pleased to provide an update on the Company's Champ precious metals project (the "Property"), located in the West Kootenays near Castlegar, British Columbia. HILO has submitted a Notice of Work exploration permit application to the BC Ministry of Energy, Mines and Low Carbon Innovation in advance of its planned ground Induced Polarization ("IP") program as recommended...
2022-09-06 8:00 AM EDT