Investment Highlights
• Braveheart Resources Inc. (TSXV: BHT) (“BHT”, or “Company”) has reached a number of major milestones at both of its brownfield Canadian copper projects, Bull River and Thierry.
• BHT Completes Exploration Program at Bull River, Updates Resource: After extensive drilling in 2021 that returned impressive results, BHT updated the Bull River resource substantially, increasing its asset base and feedstock for a near-term operational restart.
• Updated PEA at Thierry and Upcoming Drilling Campaign: The company achieved an updated PEA at the brownfield Thierry Mine Project, with the most recent update reducing front-end CAPEX relative to the previous PEA. Off the momentum, BHT intends to complete a 5,000-meter drilling program with hopes of resource expansion, upgrades, or both.
• Company Improves Financial Position: The company was able to convert a large related-party loan into a NSR, substantially reducing its fixed-rate debt via non-dilutive means. In addition

31 Aug 2022
Braveheart Resources Inc. (TSXV: BHT) – Resource Update at Bull River & Updated PEA at Thierry Set the Stage for Valuation Growth

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Braveheart Resources Inc. (TSXV: BHT) – Resource Update at Bull River & Updated PEA at Thierry Set the Stage for Valuation Growth
Canadian Critical Minerals Inc (CCMI:TSX) | 0 0 0.0%
- Published:
31 Aug 2022 -
Author:
Research Team -
Pages:
11 -
Investment Highlights
• Braveheart Resources Inc. (TSXV: BHT) (“BHT”, or “Company”) has reached a number of major milestones at both of its brownfield Canadian copper projects, Bull River and Thierry.
• BHT Completes Exploration Program at Bull River, Updates Resource: After extensive drilling in 2021 that returned impressive results, BHT updated the Bull River resource substantially, increasing its asset base and feedstock for a near-term operational restart.
• Updated PEA at Thierry and Upcoming Drilling Campaign: The company achieved an updated PEA at the brownfield Thierry Mine Project, with the most recent update reducing front-end CAPEX relative to the previous PEA. Off the momentum, BHT intends to complete a 5,000-meter drilling program with hopes of resource expansion, upgrades, or both.
• Company Improves Financial Position: The company was able to convert a large related-party loan into a NSR, substantially reducing its fixed-rate debt via non-dilutive means. In addition