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Bessor Minerals Inc V.BST

Bessor Minerals Inc. is a Canada-based junior mining exploration company. The Company’s focus is on exploration and development of the Redhill volcanogenic massive sulphide deposit in British Columbia. It is involved in gold and base metal exploration. Its principal business is the identification, evaluation and acquisition of mineral properties, as well as exploration of mineral properties once acquired. It has a 100% interest in the Redhill property, located 80 kilometers west of Kamloops and 10 kilometers south of Ashcroft, in British Columbia. It also has option agreement for exploration and development of the Easter Gold Project in Nevada. The Easter Gold Project is in east-central Nevada in Lincoln County, nine air miles southwest of Caliente, Nevada. The project area consists of 70 mineral claims covering 1,446 acres. In addition, the Company has a 1% NSR on certain claims in the Blackwater Mine operated by Artemis Gold Inc. It also has interest in Golden Eagle Project.


TSXV:BST - Post by User

Post by StrikeGoldon Feb 17, 2023 4:40pm
242 Views
Post# 35292959

Last placement in September

Last placement in September
One of Bessor's directors was very keen on participating in the private placement to the tune of $100,000.  That a good statement of confidence I suppose. 

"Of the 5,000,000 common shares issued under the private placement, 2,000,000 shares were issued to Arif Merali, a director of Bessor.   Merali directly acquired 1,000,000 common shares and indirectly acquired 1,000,000 common shares"

I think these last drill results are more promising than the market is giving credit for, as the hope is that there is as of yet a large undiscovered deposit that indications are they may be getting closer to, which is the company's thesis.   
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