Tag: gold

Triumph Gold Closes C$5,124,000 Financing and Confirms Goldcorp Participation

MotherlodeTV
V.TIG, Triumph gold, gold

Triumph Gold Corp. (TSXV:TIG) (“Triumph” or the “Company”) is pleased to announce that it has completed a private placement financing of 14,641,101 units of Triumph at a price of $0.35 per unit for gross proceeds of approximately $5,124,385.  Each unit consists of one common share of the Company and one half of one non-transferable common share purchase warrant (each whole warrant, a “Warrant”).  Each Warrant is exercisable into one additional common share at a price of $0.55 for a period of two years from the closing of the financing.  The investment was made primarily by institutional investors. A private Hong Kong fund invested approximately $2.5 million and three existing shareholders (amongst others) participated in the offering, including Goldcorp Inc. (“Goldcorp”) which exercised its right to top up to a 19.9% ownership by participating in the financing. read more

ATAC: Carlin on Edge

JayCurrie
V.ATC, ATAC Resources, gold, Yukon
ATAC VP Exploration, Julia Lane, on the edge of a Carlin structure after a hail storm

One of the best things about the Yukon Mining Tour is the opportunity to revisit amazing places like ATAC (V.ATC) Resources’ Rackla property to the northeast of Keno City. When I went last year the sheer beauty of the place was overwhelming. And the geology, frankly, flew over my head. This year I was much more prepared. read more

Golden Predator Commences Drilling at Brewery Creek Project; Assesses Alternate Leaching Technology

Program aims to improve project economics and size of current resource
MotherlodeTV
Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSX.V:GPY) (OTCQX:NTGSF) (the “Company”) announces it has commenced a 1,500 m diamond drilling program at its 100% owned, past-producing Brewery Creek Project in Canada’s  Yukon to evaluate the potential for: 1) economic enhancement of this former producer; and 2) expansion of the current resource package. read more

Aben Starts 2018 Drilling at High-Grade Boundary North Discovery in BC’s Golden Triangle Region

MotherlodeTV

Aben Resources Ltd. (TSX-V:ABN) (OTCQB:ABNAF) (Frankfurt:E2L2) (the “Company”) is pleased to announce that the drill is now turning at the Boundary North Zone discovery at the Company’s 100% held 23,000-hectare Forrest Kerr Gold Project located in BC’s Golden Triangle region. Aben’s 2018 program will encompass a 5000-metre diamond drilling program in approximately 18 holes with the potential for program expansion. read more

Marathon Announces C$8 Million Bought Deal Offering

MotherlodeTV
T.MOZ, Marathon Gold

Marathon Gold Corporation (“Marathon” or the “Company”) (TSX:MOZ) is pleased to announce that it has entered into an agreement with Haywood Securities Inc. and RBC Capital Markets (the “Co-Lead Underwriters”), pursuant to which a syndicate of underwriters led by the Co-Lead Underwriters (the “Underwriters”) will purchase, on a bought-deal basis, 2,900,000 flow-through common shares of the Company (“Flow-Through Shares”) at a price of $1.05 per Flow-Through Share and 5,900,000 common shares of the Company (“Common Shares”) at a price of $0.85 per Common Share for gross proceeds to the Company of $8,060,000 (the “Offering”). The Flow-Through Shares and Common Shares are collectively referred to herein as the “Shares”. read more

Enforcer Gold Reports 0.22% Copper Over 71.4 Meters in the North Zone, Roger Project

MotherlodeTV
V.VEIN, Enforcer Gold, gold, Quebec, Steve Roebuck

Enforcer Gold Corp (“Enforcer” or the “Company”) (TSX-V: VEIN) (FSE: N071) is pleased to present a compilation of historical and 2018 drilling results that highlight the gold-copper mineralization potential of the North zone at the Roger Project. The Roger Project is advantageously located 5 km north of Chibougamau, Quebec, has all-season road access and is crossed by a power line that serviced the past-producing Troilus Mine. Enforcer is earning a 50% interest in the project from project operator, SOQUEM. read more

Enforcer Gold appoints Stephen Dunn to board of directors

MotherlodeTV
V.VEIN, Enforcer Gold, gold, Quebec, Steve Roebuck

Enforcer Gold Corp (“Enforcer” or the “Company”) (TSXV: VEIN) (FSE: N071) is pleased to announce that it has appointed Stephen Dunn to its board of directors with an effective date of June 25, 2018. Mr. Dunn will support the Company with his extensive experience in copper mining and exploration as Enforcer advances its Roger gold-copper porphyry project in the Abitibi Greenstone Belt and evaluates other potential assets. Enforcer Gold wishes to thank Brendan Purdy for his valuable contributions to the board; Mr. Purdy has resigned from his position as a director, effective June 25, to pursue other professional interests. read more