Update on Bantou 2019 Exploration Semafo Inc. is pleased to announce completion of the previously announced acquisition whereby SEMAFO acquired all of the issued and outstanding shares of Savary Gold Corp. . SEMAFO is also pleased to provide an update on the Bantou 2019 exploration program. Completion of the Savary Acquisition Under the terms of the Transaction, all Savary issued and outstanding common shares were [...]
Savary Gold Corp.. is pleased to announce additional positive drill results from a 9,380 metre, 142-hole reverse circulation and air core program that that was completed from late February to mid-April and included reverse circulation and air core drilling on the Company's Karankasso joint venture project in southwestern Burkina Faso. Significant gold mineralization was intersected at seven exploration targets and, at [...]
Creation of 1,250 km² District-Scale Land Package on Houndé Belt MONTREAL and Semafo Inc. and Savary Gold Corp. are pleased to announce that they have entered into a definitive combination agreement pursuant to which SEMAFO will acquire all of the issued and outstanding common shares of Savary not already owned by it. The transaction is being carried out by way of a three-cornered amalgamation . Savary [...]
Savary Gold Corp. announces the start of a drill program, as part of an ~US$2 million exploration program on the Karankasso JV Project, Burkina Faso, West Africa. The 2019 exploration program consists predominantly of the following: - Auger Drilling: 798 holes totalling 7,365 metres completed in 2019 with numerous, good quality, gold-in-auger anomalies to 3,065 ppb gold - Reverse Circulation Drilling: Approximately 15,700 [...]
Ross J. Beaty today announced pursuant to National Instrument 62-103 The Early Warning System and Related Take-Over Bid and Insider Reporting Issues that on February 19, 2019 1,818,000 common share purchase warrants of Savary Gold Corp. owned by Mr. Beaty expired. Prior to the Expiry, Mr. Beaty owned, directly or indirectly, or exercised control or direction over 31,636,000 common shares in the capital of Savary (the [...]
Creation of 1,250 km² District-Scale Land Package on Houndé Greenstone Belt MONTREAL and Semafo Inc. and Savary Gold Corp. are pleased to announce that they have entered into a non-binding letter of intent contemplating the acquisition by SEMAFO of all of the outstanding common shares of Savary not already owned by SEMAFO . Under the terms of the LOI, all of the issued and outstanding Savary Shares will be [...]
Savary Gold Corp.. is pleased to announce additional positive drill results from a 5,266 metre, 67-hole program that included, diamond drilling, reverse circulation and air core, that was completed in November and December, 2018 on the Companies' Karankasso JV Project in southwestern Burkina Faso. Significant gold mineralization was successfully discovered at eight exploration targets and at four of the known zones with [...]
Savary Gold Corp. has closed a $2 Million private placement financing pursuant to which it has issued 40,000,000 units at a price of $0.05 per unit . Each Unit is comprised of one common share of the Company and one-half of one common share purchase warrant . Each Warrant entitles the holder thereof to acquire one common share of the Company at an exercise price of $0.05 per common share until December 31, 2021 The [...]
Savary Gold Corp. is pleased to provide an exploration update for its Karankasso Project in south western Burkina Faso. Savary is the 74% owner and operator of the joint venture project. The Company plans to commence a 70 hole, +5,000 m drill program in early November to follow-up the positive results of the drill program completed in June of 2018 as well as a few high priority targets as depicted in Figure 1. Drill [...]
Highlights include 5.81 g/t Au over 14 m, 5.12 g/t Au over 13 m and 1.81 g/t Au over 28 m Toronto, Canada - July 25, 2018 / Savary Gold Corp.. is pleased to announce positive drill results from a 8,465 metre, 120-hole, air core and reverse circulation drill program that was completed in May and June on the Karankasso JV Project in southwestern Burkina Faso. The results of the program demonstrate at least seven zones of [...]
Savary Gold Corp. shareholders approved all matters put forth at the annual and special meeting of shareholders of Savary held on June 21, 2018. Approval of Board of Directors Messrs. Don Dudek, Daniel Nocente, Thomas Olesinski, Craig Pearman, and Paolo Lostritto have all been re-elected as directors of the board. Approximately 43.77% of the Company's common shares were represented at the meeting. Detailed results of the [...]
Savary Gold is pleased to provide an exploration update for its Karankasso JV exploration Project in south western Burkina Faso. Savary is the operator of the project and owns approximately 71.5%. During February and March 2018, Savary completed 1,024 auger drill holes totalling 8,330 metres to test for gold enrichment below surficial cover material. See a summary of the results below and presented in Figure 1. - Best [...]
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