Recent News:
February 15, 2012
BONAPARTE RESOURCES INC. ANNOUNCES DISCOVERY OF HIGHGRADE GOLD-COPPER VEIN AND SKARN MINERALIZATION AT THE HOOCH PROPERTY, YUKON
February 15, 2012 - Bonaparte Resources Inc. (TSX-V:BON) (“Bonaparte”) is pleased to announce results from 2011 surface exploration at its Hooch property located in southwest Yukon. The property lies 14 km east of the government-maintained Aishihik Lake road and 25 km south-southeast of its Hopper property (see news releases dated November 21, 2011 and January 30, 2012). Highlights from 2011 work at the Hooch property include:
- Discovery of a gold-rich vein that grades 13.7 g/t gold and 1.8% copper; and,
- Confirmation of historical grades from skarn zones, from which a 2011 sample returned 2.10 g/t gold and 7.22% copper.
Known bedrock exposures on the Hooch property are limited to historical bulldozer trenches. Previous explorers partially delineated two skarn zones that have not been drill tested. The North zone covers a 30 by 100 m area and the South zone covers a 70 by 120 m area. Both of these skarn horizons are open to extension along strike.
Skarn mineralogy comprises pyrrhotite, magnetite, chalcopyrite and pyrite with minor molybdenum and molybdo-scheelite. The best historical result was a chip sample of skarn which returned 2.06 g/t gold and 2.48% copper over 3.4 m. A rock sample of similar skarn material collected in 2011 yielded 2.10 g/t gold and 7.22% copper.
In 2011, Bonaparte discovered a one metre wide exposure of gold-rich quartz in a shallow trench adjacent to the South skarn zone. Wallrocks are not exposed so the thickness and orientation of the vein are uncertain. The vein comprises rusty, grey to white vuggy quartz with disseminated chalcocite; a composite chip sample returned 13.7 g/t gold and 1.8% copper over 1 m.
..... more
January 30, 2012
BONAPARTE RESOURCES INC. INTERSECTS 0.84 G/T GOLD AND 1.58% COPPER OVER 8.01 METRES AT HOPPER PROPERTY, YUKON
January 30, 2012 – Bonaparte Resources Inc. (TSX-V: BON) ("Bonaparte") is pleased to announce assay results from the final five diamond drill holes completed during the 2011 exploration program at the Hopper property, located in southwestern Yukon Territory, Canada. Diamond drilling focused on skarn mineralization developed within shallowly dipping carbonaceous sedimentary rocks peripheral to a granitic intrusion that hosts porphyry-style showings.
News release highlights:
- All five holes intersected mineralized stacked skarn horizons with the most significant intercepts returning 0.54 g/t gold and 1.62% copper over 8.50 m and 0.84 g/t gold and 1.58% copper over 8.01 m, respectively;
- The relatively flat lying mineralized skarn horizons were identified in 2011 over a 500 by 300 m area and to a depth of 250 m and remain open in all directions; and,
- A VTEM geophysical survey and soil geochemistry have identified additional drill targets on the property.
Diamond drill holes returned significant gold, copper and silver results as shown in the table below.
..... more
December 16, 2011
Bonaparte Announces Closing of Private Placement
VANCOUVER, BC, December 16, 2011 – Bonaparte Resources Inc. (TSX-V: BON) (“Bonaparte” or
the “Company”) announced today that it has closed the private placement previously announced on December 8,
2011 . A total of 1,100,000 shares were sold under the offering, for gross proceeds of $220,000. There were no
finders' fees paid in connection with the offering. The units were sold pursuant to various exemptions from the
prospectus and registration requirements of applicable securities laws, and in Canada are subject to a four-month
hold period expiring April 17, 2012.
..... more
December 8, 2011
Bonaparte Announces Private Placement
Vancouver, BC, December 8, 2011- Bonaparte Resources Inc. (TSX-V: BON) (“Bonaparte” or the”Company”) is pleased to announce a non-brokered, private placement of up to 1,000,000 common shares of the Company's stock at $0.20 per share for estimated gross proceeds of up to $200,000. The offering will be conducted on a best-efforts basis and is expected to close by December 15, 2011. The Company only plans to offer the shares to residents in British Columbia and in such other jurisdictions where the shares may be sold. The offering is subject to TSX Venture Exchange and other regulatory approvals.
The shares will be sold pursuant to various exemptions from the prospectus and registration requirements of applicable securities laws, and in Canada will be subject to a four-month hold period. Proceeds from the offering will be used for general working capital.
..... more
December 6, 2011
BONAPARTE IDENTIFIES PORPHYRY-STYLE COPPER MINERALIZATION AT HOPPER PROPERTY, YUKON
December 06, 2011 – Bonaparte Resources Inc. (TSX-V: BON) ("Bonaparte") is pleased to announce assay results from a program of widely-spaced reverse circulation percussion drill holes, which was completed during summer 2011 at its Hopper property in southwestern Yukon Territory. Highlights are shown below.
Six holes bottomed in significant mineralization, including;
PDH-39, which returned 0.70% copper over the last 10.67 metres;
PDH-13, which assayed 0.54% copper and 0.278 g/t gold over the last 3.05 metres.
..... more
November 21, 2011
BONAPARTE RESOURCES INC. INTERSECTS 3.35 G/T GOLD OVER 7.50 M IN FIRST 2011 DIAMOND DRILL HOLE AT HOPPER PROPERTY, YUKON
November 21, 2011 – Bonaparte Resources Inc. (TSX-V: BON) ("Bonaparte") is pleased to announce assay results from the first of six diamond drill holes completed during the 2011 exploration program at the Hopper property, located in southwestern Yukon Territory, Canada. Diamond drilling focused on skarn mineralization developed within shallowly dipping carbonaceous sedimentary rocks peripheral to a granitic intrusion that hosts porphyry-style showings. DDH-11-01 intersected stacked skarn horizons with the most significant intercept returning 3.35 g/t gold over 7.50 m, within a broader mineralized zone that averaged 1.76 g/t gold over 16.93 m. Assay results from the other 5 holes that tested this and other skarn horizons are pending.
DDH-11-01 also returned significant copper and silver results as shown in the table below.
..... more
September 7, 2011
Bonaparte Exploration Update
VANCOUVER, BC, September 7, 2011 – Bonaparte Resources Inc. (TSX-V: BON) ("Bonaparte" or the
"Company") is pleased to announce that its 2011 exploration program is nearing completion. The
company has completed its planned percussion drilling on the Hopper property and is scheduled to
complete its diamond drilling program within the next two weeks. Drilling results will be announced
once assays have been analyzed.
Bonaparte has also entered into a loan agreement with an insider of the company. The loan is for $65,000 with a term of one year with interest added at prime plus 3%.
..... more
August 24, 2011
Bonaparte Retains IBK Capital Corp to Raise Capital
VANCOUVER, BC, August 24, 2011 – Bonaparte Resources Inc. (TSX-V: BON) ("Bonaparte" or the
"Company") announces that it has retained IBK Capital Corp (“IBK”) of Toronto, Ontario. IBK will
endeavor to raise $2,500,000 for the Company by way of a non-brokered private placement of units and
warrants. Terms and conditions including pricing of the private placement have not been finalized and
will be announced in due course..... more
July 26, 2011
Bonaparte Announces Hooch Property Acquisition
VANCOUVER, BC, July 26, 2011 – Bonaparte Resources Inc. (TSX-V: BON) ("Bonaparte" or the
"Company") is pleased to announce that it has entered into a mineral property option agreement
dated July 26, 2011 with Strategic Metals Ltd. (TSX-V: SMD) ("Strategic"), whereby Bonaparte
can acquire up to 100% interest in and to 12 contiguous mineral claims (the "Hooch Property")
located in the Whitehorse Mining District, Yukon Territory, Canada.
The Hooch Property is 14 km east of the Aishihik Lake road, at a point 20 km north of its
junction with the Alaska Highway and covers an area of approximately 243 hectares.
The Hooch Property covers the Moraine Showing, a copper, gold, silver, and tungsten skarn
occurrence. The property has received intermittent exploration over the last 50 years.
Geophysical surveys have produced anomalous results from known skarn horizons and identified
other promising targets nearby.
Pursuant to the terms of the option agreement, Bonaparte may acquire up to 100% interest in the
Hooch Property subject to a 2% NSR royalty, by making cash payments and incurring
exploration expenditures in two steps as follows:............. more
July 20, 2011
Bonaparte Amends Stock Option Grant
VANCOUVER, BC, July 20, 2011 – Bonaparte Resources Inc. (TSX-V: BON) (“Bonaparte” or the
“Company”) reports that is has amended the stock option grant to two of its directors issued on February
8, 2011. Bonaparte has reduced the number of options to two directors to 35,000 each instead of 75,000
options each under the Company’s stock option plan. The granted options still have an exercise price of
$0.45 expiring on February 8, 2016............. more
July 20, 2011
Bonaparte Announces Investor Relations Agreement
VANCOUVER, BC, July 20, 2011 – Bonaparte Resources Inc. (TSX-V: BON) (“Bonaparte” or the
“Company”) is pleased to announce the signing of an Investor Relations agreement with Kaye Wynn
Consulting Inc. of Vancouver, BC. The agreement, which calls for Kaye Wynn Consulting Inc. to provide
investor relations services to the Company for a period of one year is subject to TSX Venture Exchange
approval. The Company has granted Kaye Wynn Consulting Inc. an option to purchase 150,000 shares of
the Company's stock at a price of $.30 per share. In accordance with TSX Venture Exchange Policy 4.4,
Section 2.3(b), these options shall vest over a period of twelve months............ more
May 16, 2011
Bonaparte Announces Hopper Property Exploration Program
VANCOUVER, BC, May 16, 2011 – Bonaparte Resources Inc. (TSX-V: BON) ("Bonaparte" or the
"Company") is pleased to announce that the TSX Venture Exchange Inc. has accepted for filing
documentation in connection with a mineral property option agreement dated December 13,
2010 between Bonaparte and Strategic Metals Ltd. ("Strategic") under which the Company may
earn up to a 100% interest in the Hopper Property. The Hopper Property consists of 289 mineral
claims located in the Whitehorse Mining District, Yukon Territory, Canada. The claims cover an
area of 5,800 hectares.
The Hopper Property is directly accessible via a two-wheel drive road from the Alaska Highway.
The Aishihik Hydroelectric Dam, one of the three main power generating hydroelectric stations
in Yukon, is located 15 km south of the property along the same access road........... more
February 8, 2011
Bonaparte Announces Option Grant
VANCOUVER, BC, February 8, 2011 – Bonaparte Resources Inc. (TSX-V: BON) (“Bonaparte” or the “Company”) is pleased to announce that it has granted incentive stock options to its directors, officers and consultants for the purchase of up to 315,000 common shares of the Company. Each option is exercisable at $0.45 per common share and is exercisable until February 8, 2015. The options vest over the next twelve months with no more than one quarter of the options vesting in any three month period. The options may not be exercised until shareholders have approved of the Company's stock option plan at its next annual general meeting.......... more
February 7, 2011
Bonaparte Announces Appointment and Resignation of Directors
VANCOUVER, BC, February 7, 2010 – Bonaparte Resources Inc. (TSX-V: BON) ("Bonaparte" or the "Company") is pleased to announce that Mr. Richard Drechsler of Vancouver, BC has joined the Board of Directors of the Company. Mr. Drechsler obtained a Bachelor of Science degree in astrophysics from the University of British Columbia in 2007. He has worked in the mining industry since 2005. His experience consists of two seasons with Highland Valley Copper and four seasons with Archer, Cathro & Associates (1981) Limited as a geological field assistant/camp manager. He is currently with Strategic Metals Ltd. in its corporate/investor relations department.
"We are excited to have Mr. Drechsler join our Board of Directors as his field experience and knowledge of mineral exploration in the Yukon will be a valuable asset to the Company" said Randy Saunders, Bonaparte's Chief Executive Officer.
The Company also announces the resignation of Mr. Lance Mayers from the Board of Directors. The Company and its Directors wish to thank Mr. Mayers for his invaluable contributions over his tenure and wish him the best in his retirement.......... more
January 10, 2011
Bonaparte Announces Property Update
VANCOUVER, BC, January 10, 2011 – Bonaparte Resources Inc. (TSX-V: BON) ("Bonaparte" or the "Company") announces that it has terminated its Option Agreement with ATAC Resources Ltd. (“ATAC”) whereby ATAC granted to the Company an option to earn an undivided 50% interest in the Rosy Mineral property in the Whitehorse mining district in the Yukon Territory.
The Company is in the process of having a geological report for the Hopper Mineral property prepared in accordance with NI 43-101. Bonaparte has entered into an Option Agreement with Strategic Metals Ltd., whereby Bonaparte can acquire up to a 100% interest in the Hopper property located in the Whitehorse mining district, Yukon Territory......... more
December 31, 2010
Bonaparte Announces Closing of Private Placement
VANCOUVER, BC, December 30, 2010 – Bonaparte Resources Inc. (TSX-V: BON) (“Bonaparte” or the “Company”) announced today that it has closed the private placement previously announced on December 15, 2010 and December 17, 2010. A total of 3,000,000 units were sold under the offering, for gross proceeds of $1,200,000. In connection with the offering, the Company paid finders' fees in the aggregate amount of $81,920. The units were sold pursuant to various exemptions from the prospectus and registration requirements of applicable securities laws, and in Canada are subject to a four-month hold period expiring May 1, 2011........ more
December 17, 2010
Bonaparte Announces Revised Private Placement
VANCOUVER, BC, December 17, 2010 – Bonaparte Resources Inc. (TSX-V: BON) (“Bonaparte” or the “Company”) announced today that it has revised the terms of its previously announced non-brokered, private placement of flow-through units. As revised, the private placement will be increased for gross proceeds of $1,200,000. The offering will be conducted on a best-efforts basis and is expected to close by December 30, 2010. The Company only plans to offer the units to residents in British Columbia, Alberta and Ontario and in such other jurisdictions where the units may be sold. The offering is subject to TSX Venture Exchange and other regulatory approvals.
The offering consists of flow-through units at $0.40 per unit (each unit consisting of one common share and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one common share at an exercise price of $0.50 for a period of 12 months). The units will be sold pursuant to various exemptions from the prospectus and registration requirements of applicable securities laws, and in Canada will be subject to a four-month hold period. Proceeds from the offering will be used for exploration on the Company's Hopper Property in the Yukon Territory and for general working capital....... more
December 15, 2010
Bonaparte Announces Private Placement
VANCOUVER, BC, December 15, 2010 – Bonaparte Resources Inc. (TSX-V: BON) ("Bonaparte" or the "Company") is pleased to announce a non-brokered, private placement of flow-through units for estimated gross proceeds of up to $750,000. The offering is expected to close by December 30, 2010. The Company only plans to offer the units to residents in British Columbia, Alberta and Ontario and in such other jurisdictions where the units may be sold. The offering is subject to TSX Venture Exchange and other regulatory approvals.
The offering consists of flow-through units at $0.40 per unit (each unit consisting of one common share and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one common share at an exercise price of $0.50 for a period of 12 months). The units will be sold pursuant to various exemptions from the prospectus and registration requirements of applicable securities laws, and in Canada will be subject to a four-month hold period. Proceeds from the offering will be used for exploration on the Company's Hopper Property in the Yukon Territory and for general working capital...... more
December 14, 2010
BONAPARTE ANNOUNCES ACQUISITION OF HOPPER PROPERTY
Vancouver, BC, December 14, 2010- Bonaparte Resources Inc. (TSX-V: BON) (“Bonaparte” or the “Company”) is pleased to announce that it has entered into a mineral property option agreement dated December 13, 2010 with Strategic Metals Ltd. (TSX-V: SMD) (“Strategic”), whereby Bonaparte can acquire up to 100% interest in and to 193 mineral claims (the “Hopper Property”) located in the Whitehorse Mining District, Yukon Territory, Canada. The transaction is subject to approval by the TSX Venture Exchange.
The Hopper Property is located in southwestern Yukon and is directly accessible via a two-wheel drive road from the Alaska Highway. The Aishihik Hydroelectric Dam, one of the three main power generating hydroelectric stations in Yukon, is located 15 km south of the property along the same access road.
This 4000 hectare property hosts copper-gold porphyry targets and copper-gold-silver skarn showings.
Historical diamond drilling (DDH) was performed in 1977, 1978 and 1989 while percussion drilling (PDH) was performed in 1980. This drilling focused on testing skarn mineralization. Highlights from historical drilling are shown in the following table...... more
September 29, 2010
Bonaparte Receives Drilling Results On 2010 Drill Program on Rosy Property and Announces Option Grant
VANCOUVER, BC, September 29, 2010 – Bonaparte Resources Inc. (TSX-V: BON) (“Bonaparte” or the “Company”) reports on its drilling results on the Rosy Property, Yukon. The Company has received all analytical results from three holes totaling 263.34 metres on gold and silver bearing vein targets on the property.
Drill holes Rosy-10-01 and 02 tested the R1 vein. Rosy-10-01 mostly cored competent metadiorite with varying degrees of clay alteration. R1 was intersected from 11.62 m to 14.52 m. At this depth, the vein was strongly weathered and altered. Mineralization comprised stringers of pyrite and chalcopyrite. This 2.9 m interval returned 0.259 g/t gold, 2.31 g/t silver and 1513 ppm arsenic. A hematite-rich alteration envelope is developed adjacent to the vein structure for up to two metres in core; however, the envelope did not return elevated values. Rosy-10-02 was a “scissor” hole to Rosy-10-01. This hole cored competent metadiorite with crosscutting dykes and varying degrees of clay alteration. R1 was intersected between 85.36 and 87.65 m. At that depth, R1 is composed of medium to dark grey quartz with minor carbonate veinlets containing weak to moderate disseminated pyrite and trace arsenopyrite. The mineralization flanks a syngenetic quartz-feldspar porphyry dyke. The intersection of R1 sub-surface, including the un-mineralized dyke, has a weighted average of 1.28 g/t gold, 2.63 g/t silver and 3382 ppm arsenic over 2.29 m..... more
June 25, 2010
Bonaparte Announces Closing of Private Placement and Commencement of Drilling
VANCOUVER, BC, June 25, 2010 – Bonaparte Capital Corp. (TSX-V: BON) ("Bonaparte" or the "Company") announced today that it has closed the private placement previously announced on May 31, 2010. A total of 812,334 units were sold under the offering, for gross proceeds of $365,550. In connection with the offering, the Company paid finders' fees in the aggregate amount of $22,230. The units were sold pursuant to various exemptions from the prospectus and registration requirements of applicable securities laws, and in Canada are subject to a four-month hold period expiring October 26, 2010
The Company also announced today that drilling on its Rosy property in the Yukon Territory is expected to commence in the first week of July.... more
May 31, 2010
Bonaparte Announces Further Updates to Private Placement
VANCOUVER, BC, May 31, 2010 – Bonaparte Capital Corp. (TSX-V: BON) ("Bonaparte" or the "Company") announced today that it has further revised the terms of its previously announced non-brokered, private placement of units. The size, pricing and closing date of the offering have been revised. As revised, the size of the offering has been reduced to a maximum offering of up to $325,000, which will be conducted on a best-efforts basis. The offering is expected to close by June 18, 2010. The Company only plans to offer the units to residents in British Columbia and Ontario and in such other jurisdictions where the units may be sold. The offering is subject to TSX Venture Exchange and other regulatory approvals.
The Company expects to offer the units at $0.45 per unit (each unit consisting of one common share and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one common share at an exercise price of $0.55 for a period of 12 months).... more
April 21, 2010
Bonaparte Announces Revised Private Placement
VANCOUVER, BC, April 21, 2010 – Bonaparte Capital Corp. (TSX-V: BON) ("Bonaparte" or the
"Company") announced today that it has revised the terms of its previously announced non-brokered,
private placement of flow-through and non-flow-through units. As revised, the private placement will not
contain any flow-through units and the size of the offering will be reduced for estimated gross proceeds of
between $500,000 and $750,000. The offering will be conducted on a best-efforts basis and is expected
to close by June 1, 2010.
The Company only plans to offer the units to residents in British Columbia and
Ontario and in such other jurisdictions where the units may be sold. The offering is subject to TSX
Venture Exchange and other regulatory approvals.
The Company expects to offer the units at $0.55 per unit (each unit consisting of one common share and
one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one common
share at an exercise price of $0.65 for a period of 12 months).... more
April 15, 2010
Bonaparte Announces Private Placement
VANCOUVER, BC, April 15, 2010 – Bonaparte Capital Corp. (TSX-V: BON) ("Bonaparte" or the "Company") is pleased to announce a non-brokered, private placement of flow-through and non-flow- through units for estimated gross proceeds of between $750,000 and $1,000,000. The offering will be conducted on a best-efforts basis and is expected to close by May 15, 2010. The Company only plans to offer the units to residents in British Columbia and Ontario and in such other jurisdictions where the units may be sold. The offering is subject to TSX Venture Exchange and other regulatory approvals.
The Company expects to offer the non-flow-through units at $0.55 per unit (each unit consisting of one common share and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one common share at an exercise price of $0.65 for a period of 12 months). The flow-through units are expected to be priced at $0.70 per unit (each unit consisting of one common share and one-half of one warrant, with each whole warrant entitling the holder thereof to purchase one common share at an exercise price of $1.00 for a period of 12 months)... more
March 31, 2010
Bonaparte Announces Updated Exploration Program
VANCOUVER, BC, March 31, 2010 – Bonaparte Capital Corp. (TSX-V: BON) ("Bonaparte" or the
"Company") is pleased to announce its updated plans for exploration work to be conducted during the
summer of 2010 at its optioned Rosy Property, located in the southern Yukon Territory. Bonaparte has
the right and option to earn an undivided 50% interest in the Rosy Property from ATAC Resources Ltd.
(TSX-V: ATC) by paying an aggregate amount of $50,000, incurring an aggregate amount of $1,000,000
in exploration expenditures and issuing ATAC an aggregate amount of 1,500,000 common shares of the
Company. To date, Bonaparte has paid $15,000 and issued 300,000 common shares to ATAC.
The Company has retained Archer, Cathro & Associates (1981) Limited of Vancouver, BC to carry out
the exploration work as set out in the Rosy Property Technical Report prepared by Protore Geological
Services of Whitehorse, Yukon in November 2009. In addition to the planned geological mapping,
prospecting and soil geochemical sampling work, and in consultation with Archer, Cathro and Protore,
the Company has secured the equipment necessary to conduct a targeted diamond drill program... more
March 9, 2010
Bonaparte Announces Appointment of Director
VANCOUVER, BC, March 9, 2010 – Bonaparte Capital Corp. (TSX-V: BON) ("Bonaparte" or the
"Company") is pleased to announce that Mr. Matthew Turner has joined the Board of Directors of the
Company. Mr. Turner is the Chief Executive Officer of Rockhaven Resources Limited and a project
geologist with Archer, Cathro & Associates (1981) Limited. Both Rockhaven Resources and Archer,
Cathro & Associates are actively involved in mineral exploration in the Yukon... more
Feb. 5, 2010
Bonaparte Announces Exchange Acceptance of Qualifying Transaction -
Will Resume Trading on Monday, February 8, 2010
VANCOUVER, BC, February 5, 2010 – Bonaparte Capital Corp. (TSX-V: BON.P) ("Bonaparte" or
the "Company") is pleased to announce that the TSX Venture Exchange (the "Exchange") has approved
the Company's proposed qualifying transaction whereby the Company will be granted the option to
acquire a 50% interest in the Rosy Property, as described in the filing statement filed by the Company on
January 29, 2010 on SEDAR (www.sedar.com)... more
Jan. 29, 2010
Bonaparte Announces Filing of Filing Statement
VANCOUVER, BC, January 29, 2010 – Bonaparte Capital Corp. (TSX-V: BON.P) ("Bonaparte" or
the "Corporation") is pleased to announce that it has filed a filing statement (the "Filing Statement") in
respect of the Corporation's proposed qualifying transaction (the "Qualifying Transaction"), as required
by Policy 2.4 of the TSX Venture Exchange (the "Exchange"). The Filing Statement has been filed on
SEDAR and may be viewed at www.sedar.com.
The Qualifying Transaction involves the grant to the Corporation by ATAC Resources Ltd. of the right
and option to acquire an undivided 50% interest in and to certain mineral claims known as the Rosy
property (the "Rosy Property") located in the Whitehorse Mining District, Yukon Territory, Canada. The
Corporation expects to have fully earned the option by December 31, 2012.... more
© Bonaparte Resources Inc. 2011
