Gunpoint Exploration Ltd.

Gunpoint Exploration Ltd. is pleased to announce that it has closed its previously announced non-brokered private placement financing for gross proceeds of $3,350,000 from the sale of 8,375,000 units at a price of $0.40 per Unit . Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant . Each Warrant is exercisable at a price of $0.60 into one common share of the Company [...]

Gunpoint Exploration Ltd. announces that it has granted 1,800,000 incentive stock options to directors, officers and employees under its stock option plan. The Options are exercisable at $0.55 per share for a term of five years. The Options will vest and be exercisable on the basis of 25% annually commencing November 21, 2026, the first anniversary of the date of the grant. About Gunpoint Exploration Ltd. Gunpoint has [...]

Gunpoint Exploration Ltd. is pleased to provide an exploration update on its Talapoosa gold-silver project located in the Walker Lane Trend of Nevada. Mobilizing has started on a 1,500 meter step-out drill program to test a recently discovered mineralized trend near Talapoosa. In addition, the Company intends to raise $3.35 million in a non-brokered private placement. Randy Reifel, Chairman and CEO of Gunpoint, comments [...]

Gunpoint Exploration Ltd. announces it has received notice from Newmont Corporation electing to terminate the option and earn-in agreement on the Appaloosa Property between the Company and Newcrest announced on September 28, 2022 and aligned with the end of the Minimum Commitment phase within the earn-in agreement. Appaloosa is a 7 kilometer long mineralized trend inside the Talapoosa land package. During the past 18 [...]

Gunpoint Exploration Ltd. is pleased to report the initial drilling results by Newcrest Mining Ltd. on the Appaloosa portion of Gunpoint's 100% owned Talapoosa gold-silver project in central Nevada. Newcrest Resources Inc., a wholly-owned subsidiary of Newcrest, has entered into an option and earn-in agreement with the Company to earn up to 75% in Gunpoint's Appaloosa property for cash payments totaling US$5 million [...]

Gunpoint Exploration Ltd. reports that Cindy Ieong has stepped down as the Chief Financial Officer of the Company effective today. Ms. Ieong's replacement will be announced in due course. The Company wishes to thank Ms. Ieong for her services as Chief Financial Officer. About Gunpoint Exploration Ltd. Gunpoint owns the Talapoosa gold-silver project in Nevada. Talapoosa has a NI 43-101 compliant mineral resource estimate [...]

Gunpoint Exploration Ltd.. is pleased to report the initial phase exploration results by Newcrest Mining Ltd. on Gunpoint's Appaloosa gold-silver project in central Nevada. As previously announced, Newcrest has elected to enter into the Option phase on an earn-in agreement to acquire up to 75% in Gunpoint's Appaloosa property for payments totaling US$5 million, incurring US$35 million in exploration expenditures and [...]

Gunpoint Exploration Ltd. is pleased to announce it has received written notice from Newcrest Resources Inc. , a subsidiary of Newcrest Mining Limited, electing to exercise the option to commence the Option Phase pursuant to the terms of the option and earn-in agreement between the Company and Newcrest announced on September 28, 2022. Pursuant to the terms of the Agreement, Newcrest is required to: make a US$750,000 cash [...]

Gunpoint Exploration Ltd. is pleased to announce the appointment of Randy Buffington as a director of the Company, elected by the Company's shareholders at its annual general and special meeting held on October 26, 2022. The size of the Company's Board has increased to six members, three of whom are independent. Mr. Buffington is currently the President and Chief Executive Officer of Nevada Copper Corp. and a director of [...]

Gunpoint Exploration Ltd. is pleased to announce that the board of directors of the Company has adopted an advance notice policy , establishing a framework for advance notice of nominations of directors by shareholders of the Company. The purpose of the Advance Notice Policy is to provide shareholders, directors and management of the Company with direction on the nomination of directors. The Advance Notice Policy fixes a [...]