NevGold Corp. is pleased to announce the approval of the Exploration Notice permit by the Bureau of Land Management at the Nutmeg Mountain gold project in Idaho, which hosts a 2020 mineral resource estimate of 910,000 Indicated ounces of gold , and 160,000 Inferred ounces of gold . The approval of the Notice will enable disturbance on the federal unpatented mining claims at the Project, which historically only saw limited [...]
NevGold Corp. is pleased to provide an update on the positive progress made on the Company's inaugural drill program at Nutmeg Mountain, Idaho which hosts a 2020 mineral resource estimate of 910,000 Indicated ounces of gold , and 160,000 Inferred ounces of gold with significant resource expansion and exploration upside . The Company has organized all key areas for the program, and drilling has started. Key Highlights [...]
NevGold Corp. announces the issuance of 3,658,536 NevGold common shares to GoldMining Inc. pursuant to the Nutmeg Mountain Option Agreement dated June 14, 2022. NevGold has the right to acquire 100% of the advanced stage Nutmeg Mountain Gold Project in Idaho which hosts a 2020 mineral resource estimate of 910,000 Indicated ounces of gold, and 160,000 Inferred ounces of gold with significant resource expansion and [...]
NevGold Corp. is pleased to announce that it has closed its previously announced brokered private placement financing of units for gross proceeds of $4,101,885.90. GoldMining Inc., NevGold's largest shareholder, subscribed for $1,250,004 and owns approximately 13.1% of the issued and outstanding shares of the Company after the Offering. Each Unit, priced at $0.42 per Unit , consists of one common share in the capital of [...]
NevGold Corp. is pleased to announce that it has entered into an agreement with Beacon Securities Limited, as sole agent and bookrunner, in connection with a best efforts private placement of units of the Company at a price of $0.42 per Unit for minimum gross proceeds to the Company of $3,003,000, and maximum gross proceeds equal to the maximum amount that may be issued pursuant to the Listed Issuer Financing Exemption [...]
NevGold completed a short video to explain the drill results which can be seen here. NevGold Corp. is pleased to announce further assays from the Company's drill program at the Resurrection Ridge target area at its Limousine Butte Project, Nevada located on the southern part of the Carlin Trend. Further assays from the Company's inaugural 10,000 meter drill program at the Project are expected shortly. Key Highlights More [...]
NevGold Corp. is pleased to announce further assays from the Company's drill program at the Resurrection Ridge target area at its Limousine Butte Project, Nevada located on the southern part of the Carlin Trend. Further assays from the Company's inaugural 10,000 meter drill program at the Project are expected shortly. Key Highlights More Shallow Oxide Gold Mineralization Building the Path to a Near-Term Resource: Hole [...]
NevGold Corp. is pleased to announce further assays from the Company's drill program at the Cadillac Valley target area at its Limousine Butte Project. The Company has intercepted more oxide gold at the newly discovered Cadillac Valley South area expanding the mineralized footprint by over 100 meters to the northwest. Further assays from the Company's inaugural 10,000 meter drill program at the Project are expected to be [...]
NevGold Corp. is pleased to announce it has identified an undrilled +6 meter wide banded low-sulphidation epithermal vein outcropping at surface over 650 meters away from the main resource body at the Nutmeg Mountain Project in Idaho. , and 160,000 Inferred ounces of gold ) The Company also identified visible gold in previously assayed historical core during a detailed core relogging campaign completed since the [...]
NevGold is pleased to announce the closing of the previously announced non-brokered private placement financing of flow-through units, issuing 1,723,076 FT Units at a price of C$0.65 per FT Unit for gross proceeds of C$1.1M. NevGold CEO, Brandon Bonifacio, comments: “We are happy to announce the quick closing of our non-brokered private placement financing. The financing will allow us to get active in the field at our [...]
NevGold is pleased to announce a non-brokered private placement financing of flow-through units at a price of C$0.65 to raise proceeds of approximately C$1M. NevGold CEO, Brandon Bonifacio, comments: “The C$1M flow-through financing at an approximate 20% premium to market will limit dilution and ensures the hard dollars the company has raised to date can be laser focused on our Western USA projects including Nutmeg [...]
NevGold Corp. is pleased to announce the planned development activities at the advanced stage Nutmeg Mountain Gold Project following the July 5, 2022 closing of the transaction with GoldMining Inc. Nutmeg Mountain hosts a 2020 mineral resource estimate of 910,000 Indicated oz of gold, and 160,000 Inferred oz of gold with significant resource expansion and exploration upside. NevGold has commenced work on Nutmeg Mountain [...]
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