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Last C$0.03 CAD
Change Today -0.005 / -16.67%
Volume 12.2K
As of 10:09 AM 08/28/15 All times are local (Market data is delayed by at least 15 minutes).

bowmore exploration ltd (BOW) Snapshot

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03/26/15 - C$0.11
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bowmore exploration ltd (BOW) Details

Bowmore Exploration Ltd., an exploration stage company, is engaged in the acquisition, exploration, development, production, and operation of gold mineral properties in Canada and Mexico. The company owns interests in the St-Victor property with 534 claims covering an area of 31,472.02 hectares; the Duverny property with 122 claims covering an area of 4,766.73 hectares; the Standard Gold property with 70 claims covering an area of 3,335.96 hectares; and the La Scie property with 455 claims covering an area of 11,375 hectares located in Canada. It also owns interests in the Chivas property with 2 claims covering an area of 24,841 hectares; the Nueva Escondida property with 8 claims covering an area of 6,100 hectares; and the Paraje Azule property with 12 claims covering an area of 2,847 hectares located in Mexico. The company was incorporated in 2000 and is based in Montreal, Canada.

Founded in 2000

bowmore exploration ltd (BOW) Top Compensated Officers

Chief Executive Officer, President, Director,...
Total Annual Compensation: C$72.0K
Chief Financial Officer
Total Annual Compensation: C$65.9K
Compensation as of Fiscal Year 2013.

bowmore exploration ltd (BOW) Key Developments

Bowmore Exploration Ltd. Announces Resignation of Eduardo Perlicz as Member of the Board of Directors

Bowmore Exploration Ltd. announced that Mr. Eduardo Perlicz has resigned as a member of the Board of Directors so that he may pursue other professional duties.

Bowmore Provides 2015 Exploration Update

Bowmore Exploration Ltd. provided a 2015 exploration update following the fall work programs, as well as a Corporate update. Victoria Lake: The Company recently announced the results of its late fall exploration program on the Victoria Lake Tin property located in southwestern New Brunswick, Canada. The Property is composed of 126 claims covering approximately 3,100 hectares and is located in Charlotte County along the south west part of New Brunswick and 17.5 km SW of the Mount Pleasant Mine. An extensive soil sample program was conducted totaling over 600 samples that returned encouraging results with soil anomalies of up to 566 ppm tin (Sn). The Company intends to pursue exploration work with additional soil sampling, mainly along the North and South extensions of the two main zone A (Keer East lake) and B area of (Mert Stuart and Mahood Brook showings) where numerous tin (Sn) anomalies were discovered to prepare for an eventual drill program in 2015. The Company acknowledges and would like to thank the assistance under the New Brunswick Junior Mining Assistance Program. La Scie Gold: The Property is composed of 60 claims covering over 1,500 hectares and is located along the eastern-most extent of the Baie Verte Peninsula, roughly 45 km east of the town of Baie Verte in the White Bay South District. The Company has done extensive sampling and mapping that led to the discovery of a high purity silica zone and 3 gold zones of which only one has been drilled-tested, returning 0.68 g/t Au over 28.8 meters and 0.56 g/t Au over 15.5 meters. The Company has completed the work with the help of the Newfoundland & Labrador Junior Exploration Assistance program. Even though the Silica zone seems to be narrow at relatively shallow depth, the Company is continuing to assess this mineralized zone in conjunction with a third party supplier of silica products. The Company is also evaluating the possibility of drill testing the remaining two gold zones. St-Victor: The 100% owned St-Victor property is located 15 km east of the town of Asbestos in south-eastern Quebec. The mineralized gold zone is referred to the Wotton NW zone where two drill programs have intersected relatively homogenous gold mineralization hosted by bedded/disseminated pyrite in a unit of black slate (best intersection of 115 metres grading 0.35 g/t Au in DDH V11-01) and 142 metres grading 0.34 g/t Au in DDH V12-11. The Company has reduced the size of the property to approximately 5,854 hectares, retaining a sufficient area of influence surrounding the mineralized gold bearing horizon discovered in previous work programs. No work is planned on the Wotton NW in 2015. Duverny: The iron carbonate alteration zones on the Duverny property cover a total of approximately 18 square kilometers and are similar to what surrounds the historical, world-class Larder Lake, Timmins and Red Lake gold camps in Ontario. The company recently completed a 3 hole drill program targeting the SW part of a large magnetic anomaly (2200 x 5 50meters) within the carbonate alteration zone near the mineralized Montpas Shear, where historical drill holes were performed by Noranda in the 80's. No significant gold mineralization was intersected on this target. No further work is planned on the Duverny property in 2015. Chivas, Mexico: The Chivas Property is composed of 2 claims covering over 24,841 hectares and is located within the Sierra Madre Occidental gold belt (the property has been optioned from Amex Exploration). In 2012, a drill program outlined a new hydrothermal mineralized breccia structure at Mesa Blanca, and extended laterally and at depth, the Piedra Rodante high grade low-sulfidation structure discovered by Minerales X-ore in mid 2000. Since then, the Company has conducted very little exploration work on the property due to the economic downturn and the increased capital requirement needed to operate in Mexico. In early 2013, the Government of Mexico implemented a tax reform whereby the cost of maintaining a claim and the required work commitments increased significantly. Most recently, an increase in violent crimes and insecurity targeting mining companies has made working in this jurisdiction difficult. Due to these factors the Company is seeking other alternatives for its Mexican assets.

Bowmore Explorations Ltd. Reports Exploration Results from the Victoria Lake Tin Property in New Brunswick

Bowmore Explorations Ltd. announced the results of its late fall exploration program on the Victoria Lake Tin property located in southwestern New Brunswick, Canada. The 2014 exploration program consisted of soil sampling and rock sampling of known mineralized zones or historical anomalies on three grids and five test lines spaced over a distance of 2.5 kilometres. One of the grids as well as two of the test lines occur on a fault structure that hosts numerous tin showings and historical intersections along a strike length of 3.5 kilometres. Results of the fall program were positive with soil anomalies returning up to 566 ppm tin (Sn) and rock chip samples returning up to 0.25% Sn over 1.2 metres. Bowmore intends to pursue exploration work with additional soil sampling, mainly along the North and South extensions of the A (Keer East lake) and B grid anomalies to prepare for an eventual drill program.


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