Tag: gold

TerraX Begins 2018 Winter Drill Program at Yellowknife City Gold

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TerraX expands Yellowknife City Gold field exploration program

TerraX Minerals Inc. (TSXV: TXR) (FSE: TX0) (OTC Pink: TRXXF) is pleased to announce that it has commenced its 2018 winter drill program at its Yellowknife City Gold project, immediately adjacent to the City of Yellowknife in the Northwest Territories. The initial program will total approximately 6,000 meters and incorporate up to three dill rigs to test dip and strike extensions of the Sam Otto and Crestaurum deposits (see map here). read more

Rye Patch Gold Appoints Financial Advisors

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V.RPM, Rye Patch Gold, gold, Nevada

Rye Patch Gold Corp. (“Rye Patch” or the “Company“) (TSX.V: RPM; OTCQX: RPMGD; FWB: 5TNN) announces that Capital West Partners have been selected as financial advisors to the Special Committee of the Board of Directors. The Company had previously announced (news release dated January 17, 2018) the appointment of a Special Committee comprised of all of the independent directors of the Company to conduct a strategic review process and to make recommendations to the Board arising from the review process. Capital West Partners has undertaken to complete a review of all strategic alternatives for recommendation to the Special Committee and deliver a report containing their analysis, findings and recommendations. read more

TerraX channel sampling confirms a 100 meter wide mineralized zone at Sam Otto South

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TerraX expands Yellowknife City Gold field exploration program

TerraX Minerals Inc. (TSXV: TXR) (OTC Pink: TRXXF) (FSE: TX0) is pleased to report channel sample results from the Sam Otto South zone on Screamer Island. Sam Otto South is up to 3.5 km south and along trend from the main Sam Otto and extends the potential strike length of that target area to over 5 km. Channel sample results confirm the extension of the Sam Otto zone 1.5 kilometers south of the currently drilled Sam Otto main zone (see map here) (https://terraxminerals.com/projects/yellowknife-city-gold/field-exploration-2017/#feb-1-2018). read more

Golden Predator Mining Corp. Announces Increase to Previously Announced Overnight Marketed Financing

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Golden Predator, V.GPY, gold, Yukon, Bill Sheriff

Golden Predator Mining Corp. (TSX VENTURE:GPY) (the “Company“) is pleased to announce today that, due to strong demand, it has agreed with Clarus Securities Inc. (“Clarus“, or the “Underwriter“) to increase the size of its previously announced C$7,000,630 flow-through unit offering. Pursuant to the upsized deal terms, Clarus has agreed to purchase or arrange substituted purchasers for 8,792,000 flow-through units (the “Flow-Through Share Units“) of the Company at a price of $0.91 per unit to raise gross proceeds of $8,000,720 pursuant to a short-form prospectus financing (the “Offering“). Each Flow-Through Share Unit will consist of one Class A common share (a “Common Share“) and one-half of one Common Share purchase warrant, exercisable at $1.00 per common share. The Flow-Through Share Units will be issued on a “flow-through” basis for purposes of the Income Tax Act (Canada). read more