Articles Tagged "TSXV:HSR"

Homestake Resource Corp Announces New Director, Drilling Update

Gold – Homestake Resource Corporation (TSXV:HSR,FWB:B6IH) has appointed Jeff Tindale as a director of Homestake. Additionally, Homestake reported that camp mobilization is continuing toward the start of its 2014 Exploration Program on Homestake's wholly owned Homestake Ridge property in Northwestern BC. It is expected that this program will include +7,500 meters of core drilling. Camp construction is almost complete and drilling is anticipated to begin in early July.

Homestake Resource Corp Announces New Targets at Kinskuch, Loan Agreement

Gold – Homestake Resource Corporation (TSXV:HSR,FWB:B6IH) has entered into a loan agreement with an arm's length individual for $100,000. Proceeds from the loan will be used to pay acquisition expenses for Homestake's 625 square kilometre Kinskuch property located in northwestern British Columbia, where two additional exploration targets have been identified as high-priority.

Homestake Ridge Agreement Amended by Homestake and Agnico Eagle

Gold – Homestake Resource Corporation (TSXV:HSR) and Agnico Eagle Mines Limited amended the option agreement for exploration and development of the Homestake Ridge property in northwestern British Columbia. The amendment reduces 2013 and 2014 expenditures by $3.0 million and adds an extra year to the initial option period, in which 2015 will have a required expenditure of $3.0 million.