Tag: gold

Aben Discovers “South Boundary” Mineralized Zone 1.5km South of North Boundary Zone at Forrest Kerr Project in BC’s Golden Triangle

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Aben Resources Ltd. (TSX-V:ABN) (OTCQB:ABNAF) (Frankfurt:E2L2) (the “Company”) is pleased to provide an update on its exploration drill program currently underway at the Forrest Kerr Property in BC’s Golden Triangle. The Company has intersected mineralization 1.5km south of the North Boundary Zone in a newly discovered area called the South Boundary Zone. Aben has now completed 4,850 meters of drilling in 16 holes at Forrest Kerr in 2018. The majority of drilling has taken place at the North Boundary area where high-grade precious and base metal mineralization was discovered in 2017 drill holes as well as in the first reported drill hole of 2018 (see news release dated August 9th, 2018). The ongoing drill program has been expanded and will continue well into the Fall. read more

Triumph Gold Intersects Strong Gold-Rich Porphyry Mineralization in the Blue Sky Porphyry, including 125.13 metres of 1.24 grams per tonne Gold, 0.31% Copper, 7.0 grams per tonne Silver and 0.01% Molybdenum

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V.TIG, Triumph gold, gold

Triumph Gold Corp., (TSX-V: TIG) (OTCMKTS: TIGCF) (“Triumph Gold” or the “Company”) is pleased to announce the delineation of gold-rich porphyry-style mineralization in the Blue Sky Zone on their 100% owned, road accessible, Freegold Mountain Property in the Yukon Territory.  Highlights from the first three drill holes to intersect the zone in 2018 include: read more

Aben Closes $4.28 Million Private Placement Financing Led by Eric Sprott

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Aben Resources Ltd. (TSX-V: ABN) (OTCQB: ABNAF) (Frankfurt: E2L2) (“Aben” or the “Company”) is pleased to announce it has closed its previously announced non-brokered private placement financing (see news release dated August 15, 2018) for aggregate gross proceeds of approximately CAD $4.28 million. The Company intends to utilize the proceeds from this financing for its ongoing 2018 exploration and drilling program at its Forrest Kerr Gold Project located in B.C.’s Golden Triangle region and for general working capital purposes. read more

Victoria Announces Grant of Stock Options

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V.VIT, Victoria Gold, gold, yukon

Victoria Gold Corp. (TSX-V: VIT-V) The Board of Directors of Victoria Gold Corp. (the “Company”) has granted 4,020,000 options to employees, consultants, directors and officers of the Company. The option grant is in connection with the addition of an officer, two new directors and numerous new employees as the Company continues to build its operations team while constructing the Eagle Gold Mine. The issuance is made under the stock option plan of the Company. This plan was approved by shareholders on September 11, 2017 and allows the Company to issue a number of options up to 10% of its rolling issued and outstanding common shares. Including this issuance, outstanding options represent approximately 3.8% of issued common shares. The options have an exercise price of $0.50 and are exercisable for a period of 3 years from the date of the grant thereof with a vesting period of 12 months. read more

Aben Resources Announces $4 Million Private Placement Led by Eric Sprott

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Aben Resources Ltd. (TSX-V: ABN) (OTCBB: ABNAF) (Frankfurt: E2L2) (the “Company”) announces a non-brokered private placement of up to 13,333,333 units at a price of $0.30 each to raise gross proceeds of up to $4,000,000.  Each unit will consist of one common share and one warrant (each, a “Warrant”) exercisable to purchase one additional common share at a price of $0.45 each for a period of two (2) years from the date of issuance. The lead order is for $2,000,000 from Eric Sprott who will subscribe for 6,666,667 million Units. Additionally, Palisade Global Investments will subscribe for 2,750,000 million Units and Venture Ad Network will subscribe for 600,000 Units. read more

Marathon Announces Appointment of Chief Operating Officer and awards Metallurgical Contract to SGS

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T.MOZ, Marathon Gold

Marathon Gold Corporation (“Marathon” or the “Company”) (TSX: MOZ) is pleased to announce the appointment of Robbert Borst as Chief Operating Officer of the Company effective August 1, 2018. Mr. Borst successfully managed the company’s initial Preliminary Economic Assessment (PEA) for the Valentine Lake Gold Camp which was released on May 17, 2018. read more

White Gold Encounters High Grade Surface Results of up to 29.1 g/t Gold at JP Ross, Drilling Underway on Newly Defined Targets

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White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to announce that high-grade gold mineralization has been encountered near surface on the Vertigo Trend located on the JP Ross property within a similar geological setting to the nearby Golden Saddle deposit on the Company’s White Gold property. The mineralization was encountered using the innovative GT Probe which is used in place of traditional trenching. The sample results support the modeling developed by the Company through soil sampling, Lidar and IP-Resistivity testing which identified at least 3 zones of potential mineralization. Rotary-Air-Blast (RAB) drilling has commenced to test the newly discovered gold targets. Images to accompany this news release can be found at http://whitegoldcorp.ca/investors/exploration-highlights/. read more

White Gold Corp Drills 6.9g/t Au over 32.0m, 4.6g/t Au over 44.9m, Encounters Additional Near Surface Gold Mineralization on Golden Saddle and Provides Update on 2018 Exploration Program

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White Gold Corp. (TSX.V: WGO, OTC – Nasdaq Intl: WHGOF, FRA: 29W) (the “Company”) is pleased to provide an update on its fully funded $9 million exploration program and announce initial diamond drilling results. The 2018 program is designed to expand on and discover new resources on its flagship White Gold property as well as test several regional targets on its extensive land package representing approximately 40% of the White Gold District in Yukon, Canada. The initial phase of the diamond drilling program was designed to explore previously underexplored portions of the Golden Saddle deposit. Images to accompany this news release can be found at http://whitegoldcorp.ca/investors/exploration-highlights/. read more