Thursday, October 9, 2025

Latest

Pegasus Resources Reports Review Of Several Green Energy Projects

Pegasus Resources (TSXV: PEGA) this morning revealed that it is in the process of reviewing several green energy projects. The company has indicated that the projects are consistent with the firms mineral exploration focus.

In particular, the company has revealed that it is in the process of reviewing several projects within North America that are favourable for mineral exploration and development. Such projects include the fields of lithium, copper, nickel, and or uranium, with further updates to be revealed once due diligence is completed.

The company also remains focused on its Golden properties, which include the Gold Mountain and Vertebrae Ridge projects, which feature gold and copper among other minerals. A busy field season ahs been outlined for the properties, where the firm is focused on high grade copper mineralization that has been discovered.

“With the company being fully funded and with lithium, copper, nickel and uranium being in great demand and for the foreseeable future, we will explore the possibility of acquiring additional opportunities if they meet our criteria of enhancing value to the company and its shareholders.”

Charles Dejardins, CEO

The company this morning also identified that the sale of the firms Confederation Lake properties is nearly complete, with the cash payment associated with the sale having been received. The company is now awaiting on the issuance of shares in connection with the transaction.

Pegasus Resources last traded at $0.055 on the TSX Venture.


FULL DISCLOSURE: Pegasus Resources is a client of Canacom Group, the parent company of The Deep Dive. The author has been compensated to cover Pegasus Resources on The Deep Dive, with The Deep Dive having full editorial control. Not a recommendation to buy or sell. Always do additional research and consult a professional before purchasing a security.

Video Articles

Fortune Bay: The Potential Billion Dollar Project

Japan Gold Enters New Chapter as Barrick Alliance Concludes – John Proust

Barrick Mining’s “Company Defining [Gold] Discovery”

Recommended

Nord Precious Metals Produces High Grade Silver Concentrate From Tailings

ESGold Secures $9 Million In Non-Dilutive Funding From Ocean Partners

Related News

Grandich: Gold & Silver For Capital Appreciation – The Daily Dive

Today on The Daily Dive, our host Cassandra welcomes back Peter Grandich of Peter Grandich...

Tuesday, October 19, 2021, 01:30:00 PM

SKRR Exploration Releases Final Results From Olson Drill Program

SKRR Exploration (TSXV: SKRR) this morning released the final drill results from the Fall 2020...

Thursday, March 25, 2021, 09:22:41 AM

Melkior Enters Option And Joint Venture Agreement With Kirkland Lake Valued At $110 Million

Melkior Resources (TSXV: MKR) this evening announced a blockbuster deal with that of Kirkland Lake...

Monday, September 28, 2020, 05:32:14 PM

Missouri, Oklahoma Propose Bills to Make Gold & Silver Legal Tender

In a move aimed at redefining the status of gold and silver as money rather...

Wednesday, December 27, 2023, 10:47:00 AM

Newlox Gold Expands Into Brazil, Two Prospective Facilities Targeted

Newlox Gold Ventures (CSE: LUX) is growing beyond the borders of Costa Rica. The company...

Wednesday, June 16, 2021, 08:02:16 AM