Latest Savant Explorations (SVATF) Headlines
Savant Retains a 100% Interest in the Yuby-Gabriela Copper Property
Marketwire - Wed Feb 05, 7:02AM CST
Savant Explorations Ltd. (TSX VENTURE: SVT) ("Savant") announces that it has received notice from Minera Fuego of its intent not to continue with the option agreement on Savant's wholly-owned Yuby-Gabriela copper porphyry property in Chile. Since the inception of the option agreement in 2011, Savant has received more than $1 million in cash payments from Minera Fuego. Upon termination of the option in early March, Savant will retain a 100% ownership in the property and receive the extensive technical data and geoscience knowledge acquired through Minera Fuego's funding of the project over the past three years. Savant will undertake a detailed review and interpretation of this extensive database in order to determine the best way to advance the project and achieve maximum benefit for Savant's shareholders.
Savant Announces the Passing of a Director
Marketwire - Tue Jan 28, 4:01PM CST
It is with deep regret that Savant Explorations Ltd. (TSX VENTURE: SVT) ("Savant") announces the death of Mr. Michael Casselman after an extended period of illness. Mr. Casselman worked tirelessly and with enthusiasm to develop Savant's Southwest US exploration strategy and was a key member of the Savant Board of Directors. John McClintock, Savant's President, stated, "Mike's enthusiasm and initiative were boundless. He was a true explorer with an ability to recognize value in mineral properties. I will greatly miss Mike both as a friend and as a business associate."
Savant Expands Frazier Creek property
Marketwire - Mon Jan 27, 7:31AM CST
Savant Explorations Ltd. (TSX VENTURE: SVT) ("Savant") is pleased to announce that it has increased the size of its Frazier Creek Property through staking of additional mineral claims. The new claims, which extend the property a further 1.8 kilometres to the south, were acquired in order to protect an area of hydrothermally-altered limestone discovered to the south of the main area of alteration and mineralization. The new alteration zone occupies a small knoll within a large area of alluvial cover and may indicate that either the main zone extends more than a kilometre further to the south than previously thought, or that there is a second mineralized centre along the same regional structure.
Savant Releases 2013 Third Quarter Financial Results
Marketwire - Wed Nov 27, 7:31AM CST
Savant Explorations Ltd. (TSX VENTURE: SVT) ("Savant") is pleased to announce its results for the three and nine months ended September 30, 2013. Savant posted a net gain for the nine months ended September 30, 2013 (the "Current Period") of $235,578. Results were largely influenced by the receipt of a US$500,000 option payment on the Company's Yuby Gabriela property in Chile, and the recognition of a receivable of $303,000 from the Province of Quebec for refundable mining tax credits generated from exploration funded by Savant in 2011. Savant ended the Current Period with working capital of $945,762.
Savant Initiates New Copper Exploration Strategy in Southwest US: Executes Agreements on Three Copper Porphyry Properties From Eurasian Minerals
Marketwire - Wed Oct 30, 8:11AM CDT
Savant Explorations Ltd. (TSX VENTURE: SVT) ("Savant") has initiated a copper exploration and discovery strategy in the Southwest United States, which contains some of the premier copper districts in the world. As the first step to this strategy, Savant, through its wholly owned U.S. subsidiary Keystone Mines Inc., has successfully negotiated three earn-in agreements (collectively referred to as the "Agreements") with Eurasian Minerals Inc. (TSX VENTURE: EMX)(NYSE MKT: EMXX) ("Eurasian") through its wholly owned subsidiary Bronco Creek Exploration Inc. ("BCE") for three high-quality properties. Under the terms of the Agreements, Savant may earn up to a 100% interest in each of the Jasper Canyon, Buckhorn and Frazier Creek copper porphyry properties, through a two stage earn-in over a maximum 10 year period, subject to certain royalties retained by BCE. The main terms of the Agreements and a summary of the properties are provided below.
Eurasian Minerals Options Three Porphyry Copper Projects to Savant Explorations
Marketwire - Wed Oct 30, 8:11AM CDT
Eurasian Minerals Inc. (the "Company" or "EMX") (TSX VENTURE: EMX)(NYSE MKT: EMXX) is pleased to announce that it has entered into three exploration and earn-in agreements, through its wholly-owned subsidiary Bronco Creek Exploration Inc., with Savant Explorations Ltd. (TSX VENTURE: SVT) ("Savant") for the Jasper Canyon, Buckhorn Creek, and Frazier Creek porphyry copper projects (each a "Project" and collectively the "Projects"). The Jasper Canyon and Buckhorn Creek Projects are located in the Laramide porphyry copper belt of southern Arizona and the Frazier Creek Project is located in the Battle Mountain-Eureka trend of north-central Nevada. The Projects lie in geologically complex areas where mineralizing systems have been structurally dismembered, tilted, and largely covered by post-mineral rocks. Recognition of the post-mineral structural relationships, and application of alteration and mineral zoning patterns and geochemical signatures in that context, has identified untested porphyry copper targets at each of the three Projects.
Savant Receives $304,000 Tax Refund From the Province of Quebec
Marketwire - Thu Oct 24, 7:31AM CDT
Savant Explorations Ltd. (TSX VENTURE: SVT) ("Savant") is pleased to announce the receipt of $304,000 from the Province of Quebec for refundable mining tax credits generated from exploration funded by Savant in 2011.
Savant Receives US$500,000 Option Payment for Yuby-Gabriela Property
Marketwire Canada - Thu Apr 18, 7:30AM CDT
Savant Explorations Ltd. (TSX VENTURE:SVT) ("Savant") is pleased to announce it has received the US$500,000 option payment from Minera Fuego, a private Chilean Company for Savant's Yuby-Gabriela Property, Chile. Under the terms of the agreement, Minera Fuego can earn a 100% interest in the property by making US$ 4.03 million in payments over 48 months to Savant. Savant will retain a 2.5% NSR in the project; Minera Fuego will have the right to reduce the NSR to 1.5% by paying Savant US$ 5 million. To date, Savant has received US$1,030,000 in option payments. The next option payment of $1,000,000 is due in 12 months time with a subsequent option payment of US$2,000,000 due in 24 months.
Savant Explorations Ltd.: Management Appointment, Options Granted
Marketwire - Fri Mar 22, 12:41PM CDT
Savant Explorations Ltd. (TSX VENTURE: SVT) (the "Company" or "Savant") announces the appointment of Mr. David Douglas as Corporate Secretary. Mr. Douglas is currently a Director and Chief Financial Officer of the company and now replaces Mr. Finlayson who has retired as Corporate Secretary. The Board of Directors wishes to thank Mr. Finlayson for his dedication to the Company since its inception in 2007.
Savant Explorations Ltd. Shareholder Update: Outlook for 2013
Marketwire - Mon Jan 28, 8:03AM CST
Jack McClintock, President and CEO of Savant Explorations Ltd. (TSX VENTURE: SVT) ("Savant") provides the following outlook for 2013 and overview of the Company's main assets.
Savant Retains a 100% Interest in the Yuby-Gabriela Copper Property
Marketwire - Wed Feb 05, 7:02AM CST
Savant Explorations Ltd. (TSX VENTURE: SVT) ("Savant") announces that it has received notice from Minera Fuego of its intent not to continue with the option agreement on Savant's wholly-owned Yuby-Gabriela copper porphyry property in Chile. Since the inception of the option agreement in 2011, Savant has received more than $1 million in cash payments from Minera Fuego. Upon termination of the option in early March, Savant will retain a 100% ownership in the property and receive the extensive technical data and geoscience knowledge acquired through Minera Fuego's funding of the project over the past three years. Savant will undertake a detailed review and interpretation of this extensive database in order to determine the best way to advance the project and achieve maximum benefit for Savant's shareholders.
Savant Announces the Passing of a Director
Marketwire - Tue Jan 28, 4:01PM CST
It is with deep regret that Savant Explorations Ltd. (TSX VENTURE: SVT) ("Savant") announces the death of Mr. Michael Casselman after an extended period of illness. Mr. Casselman worked tirelessly and with enthusiasm to develop Savant's Southwest US exploration strategy and was a key member of the Savant Board of Directors. John McClintock, Savant's President, stated, "Mike's enthusiasm and initiative were boundless. He was a true explorer with an ability to recognize value in mineral properties. I will greatly miss Mike both as a friend and as a business associate."
Savant Expands Frazier Creek property
Marketwire - Mon Jan 27, 7:31AM CST
Savant Explorations Ltd. (TSX VENTURE: SVT) ("Savant") is pleased to announce that it has increased the size of its Frazier Creek Property through staking of additional mineral claims. The new claims, which extend the property a further 1.8 kilometres to the south, were acquired in order to protect an area of hydrothermally-altered limestone discovered to the south of the main area of alteration and mineralization. The new alteration zone occupies a small knoll within a large area of alluvial cover and may indicate that either the main zone extends more than a kilometre further to the south than previously thought, or that there is a second mineralized centre along the same regional structure.
Savant Releases 2013 Third Quarter Financial Results
Marketwire - Wed Nov 27, 7:31AM CST
Savant Explorations Ltd. (TSX VENTURE: SVT) ("Savant") is pleased to announce its results for the three and nine months ended September 30, 2013. Savant posted a net gain for the nine months ended September 30, 2013 (the "Current Period") of $235,578. Results were largely influenced by the receipt of a US$500,000 option payment on the Company's Yuby Gabriela property in Chile, and the recognition of a receivable of $303,000 from the Province of Quebec for refundable mining tax credits generated from exploration funded by Savant in 2011. Savant ended the Current Period with working capital of $945,762.
Savant Initiates New Copper Exploration Strategy in Southwest US: Executes Agreements on Three Copper Porphyry Properties From Eurasian Minerals
Marketwire - Wed Oct 30, 8:11AM CDT
Savant Explorations Ltd. (TSX VENTURE: SVT) ("Savant") has initiated a copper exploration and discovery strategy in the Southwest United States, which contains some of the premier copper districts in the world. As the first step to this strategy, Savant, through its wholly owned U.S. subsidiary Keystone Mines Inc., has successfully negotiated three earn-in agreements (collectively referred to as the "Agreements") with Eurasian Minerals Inc. (TSX VENTURE: EMX)(NYSE MKT: EMXX) ("Eurasian") through its wholly owned subsidiary Bronco Creek Exploration Inc. ("BCE") for three high-quality properties. Under the terms of the Agreements, Savant may earn up to a 100% interest in each of the Jasper Canyon, Buckhorn and Frazier Creek copper porphyry properties, through a two stage earn-in over a maximum 10 year period, subject to certain royalties retained by BCE. The main terms of the Agreements and a summary of the properties are provided below.
Eurasian Minerals Options Three Porphyry Copper Projects to Savant Explorations
Marketwire - Wed Oct 30, 8:11AM CDT
Eurasian Minerals Inc. (the "Company" or "EMX") (TSX VENTURE: EMX)(NYSE MKT: EMXX) is pleased to announce that it has entered into three exploration and earn-in agreements, through its wholly-owned subsidiary Bronco Creek Exploration Inc., with Savant Explorations Ltd. (TSX VENTURE: SVT) ("Savant") for the Jasper Canyon, Buckhorn Creek, and Frazier Creek porphyry copper projects (each a "Project" and collectively the "Projects"). The Jasper Canyon and Buckhorn Creek Projects are located in the Laramide porphyry copper belt of southern Arizona and the Frazier Creek Project is located in the Battle Mountain-Eureka trend of north-central Nevada. The Projects lie in geologically complex areas where mineralizing systems have been structurally dismembered, tilted, and largely covered by post-mineral rocks. Recognition of the post-mineral structural relationships, and application of alteration and mineral zoning patterns and geochemical signatures in that context, has identified untested porphyry copper targets at each of the three Projects.
Savant Receives $304,000 Tax Refund From the Province of Quebec
Marketwire - Thu Oct 24, 7:31AM CDT
Savant Explorations Ltd. (TSX VENTURE: SVT) ("Savant") is pleased to announce the receipt of $304,000 from the Province of Quebec for refundable mining tax credits generated from exploration funded by Savant in 2011.
Savant Receives US$500,000 Option Payment for Yuby-Gabriela Property
Marketwire Canada - Thu Apr 18, 7:30AM CDT
Savant Explorations Ltd. (TSX VENTURE:SVT) ("Savant") is pleased to announce it has received the US$500,000 option payment from Minera Fuego, a private Chilean Company for Savant's Yuby-Gabriela Property, Chile. Under the terms of the agreement, Minera Fuego can earn a 100% interest in the property by making US$ 4.03 million in payments over 48 months to Savant. Savant will retain a 2.5% NSR in the project; Minera Fuego will have the right to reduce the NSR to 1.5% by paying Savant US$ 5 million. To date, Savant has received US$1,030,000 in option payments. The next option payment of $1,000,000 is due in 12 months time with a subsequent option payment of US$2,000,000 due in 24 months.
Savant Explorations Ltd.: Management Appointment, Options Granted
Marketwire - Fri Mar 22, 12:41PM CDT
Savant Explorations Ltd. (TSX VENTURE: SVT) (the "Company" or "Savant") announces the appointment of Mr. David Douglas as Corporate Secretary. Mr. Douglas is currently a Director and Chief Financial Officer of the company and now replaces Mr. Finlayson who has retired as Corporate Secretary. The Board of Directors wishes to thank Mr. Finlayson for his dedication to the Company since its inception in 2007.
Savant Explorations Ltd. Shareholder Update: Outlook for 2013
Marketwire - Mon Jan 28, 8:03AM CST
Jack McClintock, President and CEO of Savant Explorations Ltd. (TSX VENTURE: SVT) ("Savant") provides the following outlook for 2013 and overview of the Company's main assets.
