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Cache Exploration Inc. (the “Company”, or “Cache”), (TSX-V:CAY) is pleased to announce the complete assay results of the 2017 summer drill program at its 100% wholly owned Kiyuk Lake project in Nunavut.
Cache Exploration Inc. (the “Company”, or “Cache”), (TSX-V:CAY) wishes to announce that it has modified its non-brokered private placement (the “Private Placement”) previously announced on September 18, 2017. The Company will sell up to 9,000,000 Units for gross proceeds of up to $720,000 (the “Offering”) at a price of $0.08 per unit (the “Units”). Each Unit consists of one common share (a “Unit Share”) and one common share purchase warrant (a “Warrant”). Each Warrant will entitle the holder to purchase one full additional common share (a “Warrant Share”) at an exercise price of $0.10 per Warrant Share. The Warrant Share is exercisable for the first two years from the date of issue of the Warrant. Finder’s fees of 8% cash and 8% finder warrants may be payable in connection with this transaction.
Cache Exploration Inc. (the “Company”, or “Cache”), (TSX-V:CAY) is pleased to announce that complete assay results have been received for the first two holes of its summer drill program at its Kiyuk Lake project in Nunavut. Complete results have now been received from the till sampling program.
Cache Exploration Inc. (the “Company”, or “Cache”), (TSX-V:CAY) is pleased to announce that visible gold (“VG”) has been observed, in drill core, from detailed logging of hole KI17-005 at the new East Gold Point target area. The 5-hole program has been successful in defining VG in a previously unrecognized structural host (please see news release 8-31-2017) and now in two newly intersected polymictic conglomerate settings at East Gold Point. East Gold Point is located some 5km from the 26.4g/t Au VG and finely mineralized intercept over 8m reported previously for the Rusty Zone.
September 7, 2017 / TheNewswire / Vancouver, British Columbia – Cache Exploration Inc. (the “Company”, or “Cache”), (TSX-V:CAY) is pleased to announce that it has made the final payment to Montego Resources Inc. for the acquisition of 100% of the Kiyuk Lake Gold Property through payment of $300,000 by the issuance of up to 3,000,000 Common shares of the Company having a deemed value of $0.105 per Share (“Shares for Debt Settlement”)
September 6, 2017 / TheNewswire / Vancouver, British Columbia – Cache Exploration Inc. (the “Company”, or “Cache”), (TSX-V:CAY) is pleased to announce that partial assay results have been received for KI17-001 the first hole of the program of its ongoing summer drill program at its Kiyuk Lake Gold project in Nunavut.