|Bid||0.14 x 0|
|Ask||0.15 x 0|
|Day's Range||0.1450 - 0.1500|
|52 Week Range||0.1100 - 0.2500|
|Beta (3Y Monthly)||0.64|
|PE Ratio (TTM)||N/A|
|Forward Dividend & Yield||N/A (N/A)|
|1y Target Est||N/A|
Kerr Mines Inc. (TSX: KER, OTC: KERMF, FRA: 7AZ1) (“Kerr” or the “Company”) is pleased to announce that the Phase II resource expansion program has commenced at the Copperstone Mine located in Arizona, USA. In addition, Kerr has received a key environmental permit modification and is continuing with advanced metallurgical testing. The Copperstone zone is the underground extension of the same orebody that was historically mined as an open pit. The open pit mined nearly 150 vertical meters of the Copperstone zone and produced in excess of 500,000 gold ounces. The Copperstone orebody currently has a horizontal strike length of over 1,500 m and extends 110 m beneath the historical open pit. Within this area there are Measured and Indicated resources of 276,100 gold ounces and Inferred resources of 145,700 gold ounces.
Kerr Mines Inc. (TSX: KER, OTC: KERMF, FRA: 7AZ1) (“Kerr” or the “Company”) is very pleased to welcome back to the Copperstone Project Giulio T. Bonifacio as a new member to the Board of Directors. Mr. Bonifacio was the Co-Founder and Director of American Bonanza Gold Corp. from 2002 – 2012 during the initial development and advancement of the Copperstone Project into a high grade underground mining opportunity. Mr. Bonifacio was the Founder, President and Director of Nevada Copper since its inception in 2005 until his retirement in February 2018.
7AZ1:FRA) just announced that its phase 2 resource expansion plan designed to extend mine life at its flagship Copperstone Mine in Arizona will begin in mid-January. Company mentioned: Kerr Mines Inc.
Kerr Mines Inc. (TSX: KER, OTC: KERMF, FRA: 7AZ1) (“Kerr” or the “Company”) is pleased to announce that the Phase II Resource Expansion Program will begin mid- January, 2019 at the Copperstone Mine located in Arizona, USA. In addition, Kerr is progressing with environmental and operating permit modifications and continuing with advanced metallurgical testwork. Major Drilling Group International Inc. (“Major”) has been awarded the contract and is preparing to commence with drilling.
TORONTO, Dec. 21, 2018 -- Kerr Mines Inc. (TSX: KER, OTC: KERMF, FRA: 7AZ1) (“Kerr” or the “Company”) is pleased to announce that shareholders voted in favour of all.
Kerr Mines Inc. (TSX: KER, OTC: KERMF, FRA: 7AZ1) (“Kerr” or the “Company”) announces that it has closed a non-brokered private placement raising gross proceeds of $2,973,517 (the “Offering”). Furthermore, the Company has closed the US$2 million (CDN $2.7 million) senior secured convertible note financing with Sprott Private Resource Lending (Collector) LP previously announced on November 6, 2018 (the “Note”). “We have taken another very important step forward in the execution of our strategy and development plans for the Copperstone Mine. This financing will allow the Company to commence a resource expansion program and complete key elements of progressing the Copperstone Mine back into production,” stated Claudio Ciavarella, Kerr’s Chief Executive Officer.