Toronto, Ontario--(Newsfile Corp. - October 11, 2024) - Advanced Gold Exploration Inc (CSE: AUEX) (the 'Company') is pleased to announce that, further to its press release of October 2, 2024, it has settled
Toronto, Ontario-- - Advanced Gold Exploration Inc is pleased to announce that, further to its press release of October 2, 2024, it has settled an aggregate of $144,950 of indebtedness to an arm's length creditor of the Company through the issuance of 2,899,000 common shares in the capital of the Company at a price of $0.05 per Common Share . The Common Shares issued pursuant to the debt settlement are subject to a four-month hold period.
The Technical Report Prepared by Mr. Mike Kilbourne in 2023 states that the geological environment of the Property is favourable for the presence of Archean volcanogenic massive sulphide deposits , iron deposits and orogenic gold deposits, namely banded iron formation hosted gold deposits due to the fact that BIF's are present on the Property. The focus of exploration has historically been on VMS-type deposits, but other deposit model types should not be dismissed.
An extensive stripping and channel sampling program over one of the zones in in 2022 identified several mineral horizons and provided invaluable clues to the geological environment of Cu-Zn mineralization. Highlights of the channel sampling include 4.94% Zn, 367 ppm Cu, 0.77% Pb and 45.6 g/t Ag over 1.
2. A geological environment consistent with other VMS deposits of the Wawa-Abitibi Subprovince which includes felsic to intermediate volcanics, dacitic flows, tuffs and breccias and sediments in an extensional arc environment.
Deutschland Neuesten Nachrichten, Deutschland Schlagzeilen
Similar News:Sie können auch ähnliche Nachrichten wie diese lesen, die wir aus anderen Nachrichtenquellen gesammelt haben.
BMEX Gold Inc: BMEX Announces Name Change to Route 109 Resources Inc.Vancouver, British Columbia--(Newsfile Corp. - October 1, 2024) - BMEX Gold Inc. (TSXV: BMEX) (FSE: 8M00) ('BMEX' or the 'Company') announces that the Company will change its name to 'Route 109 Resources
Weiterlesen »
Desert Gold Ventures Inc.: Desert Gold Provides Update for Early Warrant Exercise Incentive ProgramDelta, British Columbia--(Newsfile Corp. - October 9, 2024) - Desert Gold Ventures Inc. (TSXV: DAU) (FSE: QXR2) (OTCQB: DAUGF) (the 'Company') is providing an update to its press release dated September
Weiterlesen »
Alma Gold Inc.: Alma Gold Announces Upsizing of Private Placement OfferingVancouver, British Columbia--(Newsfile Corp. - September 17, 2024) - Alma Gold Inc. (CSE: ALMA) ('Alma Gold' or the 'Company') is pleased to announce that it has increased the size of its non-brokered
Weiterlesen »
Alma Gold Inc.: Alma Gold Closes Private PlacementVancouver, British Columbia--(Newsfile Corp. - September 23, 2024) - Alma Gold Inc. (CSE: ALMA) ('Alma Gold' or the 'Company') announced that further to its September 3, 2024 and September 17, 2024 news
Weiterlesen »
Torex Gold Resources Inc.: Torex Gold Welcomes the Addition of a New DirectorToronto, Ontario--(Newsfile Corp. - September 23, 2024) - Torex Gold Resources Inc. (the 'Company' or 'Torex') (TSX: TXG) is pleased to announce the addition of Caroline Donally CA(SA) to its Board of
Weiterlesen »
Kapa Gold Inc.: Kapa Gold Announces Grant of Stock OptionsVancouver, British Columbia--(Newsfile Corp. - September 24, 2024) - KAPA GOLD INC. (TSXV: KAPA) ('Kapa' or the 'Company') announces that it has granted stock options to acquire a total of 750,000 common
Weiterlesen »