Emgold Mining Corp. announces it has staked 92 additional claims, expanding the size of its recently optioned New York Canyon Property . Emgold now controls 152 unpatented and 21 patented mineral claims located in the Santa Fe Mining District, Mineral County, in west-central Nevada. The Property is located about 30 mi. southeast of Hawthorne, Nevada. As announced by press release on July 16, 2019, Emgold signed an option [...]
Vancouver, British Columbia - TheNewswire - August 15, 2019 - Emgold Mining Corp. is pleased to provide the following corporate update. Business Strategy Emgold's business strategy, adopted in mid-2018 with its acquisition of the advanced stage Golden Arrow Property, NV, is to search for strategic acquisitions in a "buyer's market", add value to those assets through exploration, and look for opportunities to monetize [...]
Emgold Mining Corp. has completed its acquisition of a 100% interest in the Casa South Property. The Property comprises 180 active mining titles covering a total of 10,061 hectares. It is located immediately south of Hecla Mining Corporation's Casa Berardi Mine which has produced over 2.0 million recovered gold ounces since commencing production in 1988. In a February 2019 press release, Hecla reported gold production of [...]
Emgold Mining Corp. announces that it has completed a Claim Purchase Agreement with Searchlight Resources Inc. giving the Company the option to acquire a 100% interest in the New York Canyon Property. The Property is situated in the prolific Walker Lane mineral belt of Western Nevada, a zone of historic precious and base metal deposits and an area of active mineral exploration. The Property totals 1,500 acres in size and [...]
Emgold Mining Corp. announces it has completed an amendment to the definitive option agreement between Emgold and Greg Exploration Inc, and Affiliates and has exercised its option, granted by the Amendment, to acquire a 100% interest in the Casa South Property, QC . The Property comprises 180 active mining titles covering a total of 10,061 hectares . It is located immediately south of Hecla Mining Corporation's Casa [...]
Emgold Mining Corp. is pleased to announce that it has retained the services of Red Cloud Klondike Strike Inc. to assist the Company with its capital markets outreach and merger and acquisition opportunities. RCKS is a 'new concept' capital markets advisory firm dedicated solely to the mining sector. It uses its global network of capital markets specialists and extensive experience in the many facets of the business to [...]
Emgold Mining Corp. announces it has signed a Letter of Intent with Searchlight Resources Inc. giving it the option to acquire a 100% interest the New York Canyon Property, NV , subject to underlying royalties. The Property includes 21-patented mineral claims and 60-unpatented mining claims, along with a significant database of historic information. Total historic drilling on the Property, to date, is 234 holes totaling [...]
Today's buy recommendation comes from Tormont50 Research, the research platform of financial advisor firm the Tormont Group, which features growth opportunities in the small and microcap space. Analyst Jim McFadden gives Emgold Mining Corp. a fair value estimate of $0.40 per share, a premium of 150% to the $0.16 price on April 11th, the day the report was issued. For more information, please view the InvestmentPitch Media [...]
Emgold Mining Corp. announces it has signed a Letter of Intent with Nevada Sunrise LLC, a private Nevada company, giving it the right to purchase 12 unpatented mining . The Company has also signed a second Letter of Intent with BL Exploration LLC, a second private Nevada company, giving it the right to purchase 18 unpatented mining claims . Together, the 30 unpatented mining NS Claims and BL Claims make up the Mindora [...]
Emgold Mining Corporation announces the grant of 1.5 million incentive stock options , pursuant to its Stock Option Plan , to directors, officers, employees, and consultants of the Company. The Options are exercisable at a price of C$0.20 per common share of the Company for a period of 5 years from the date of grant. Any common shares to be issued upon the exercise of the Options will be subject to a statutory four-month [...]
Emgold Mining is pleased to note that Troilus Gold Corp, has reported new drill results from its 2019 exploration program at its Troilus Gold Project, located within the Frotet-Evans Greenstone Belt in Quebec. Intercept highlights reported include: 36 m of 1.10 g/t AuEq, including 6 m of 11.36 g/t AuEq and 6 m of 4.46 g/t AuEq in hole TLG-ZJ419-094; and 90 m of 0.91 g/t AuEq, including 12 metres of 1.32 g/t AuEq and 16 [...]
Emgold Mining Corp. announces it has completed a third and final tranche of a non-brokered private placement by the issuance of 1,808,817 units issued as a price of CDN$0.12 per Unit for gross proceeds of CDN$217,058.04. Together with the first and second tranche of the Financing, closed on March 8 and March 28, 2019 respectively, the Company has raised aggregate gross proceeds of CDN$948,806.04. Each Unit consists of one [...]