Stone Gold Inc. is pleased to provide an exploration update regarding its contiguous 21,000-hectare Batchewana Bay District unpatented claims package situated 80 km. north of Sault Ste Marie Ontario. Overview: The Batchewana Bay District claims are located on the eastern edge of the Late Proterozoic Midcontinent Rift, most of which trends beneath Lake Superior. Numerous past-producing and present Cu, Ni and precious metal [...]
Stone Gold Inc. announces that it has granted 100,000 incentive stock options of the Company to a director. The options were granted under the Company's Stock Option Plan and each stock option entitles the holder to acquire one Stone Gold common share at an exercise price of $0.11 until July 12, 2026 and vest immediately. For further information, please contact: Mr. John Timmons President & CEO Stone Gold Inc. Cellular [...]
Stone Gold Inc. announces that the recently completed 952 m. diamond drill program at the Mt. Jamie North program contained no significant gold values. The initial drill program on the untested Mt. Jamie North Property consisted of 3 diamond drill holes. The highest assays encountered were in SG-21-002 where silicified and sericitized tuff contained 5% quartz veinlets with trace disseminated pyrite. This zone returned 120 [...]
Stone Gold Inc. announces the appointment of Birks Bovaird to its Board of Directors. Mr. Bovaird is a Consultant, providing advisory services to natural resource companies. For the majority of his career, Mr. Bovaird's focus has been the provision and implementation of corporate financial consulting and strategic planning services. After spending over two decades with various financial institutions, culminating in the [...]
Stone Gold Inc. is pleased to announce that it has received TSX Venture Exchange approval for the option agreement to earn a 100% interest in certain mineral claims in Batchewana Bay, Ontario making up the East Breccia property and the option agreement to earn a 100% interest in certain mineral claims in Batchewana Bay, Ontario making up the Tribag property , previously announced in the Company's March 10, 2021 news [...]
Stone Gold Inc. is pleased to announce that it has completed an initial drill program on the untested Mt. Jamie North Gold Project, located in the western extension of the prolific Red Lake Gold Camp in Ontario. This drill program consisted of 954 metres of diamond drilling that tested three targets. These targets occur in a structural-mineralization corridor within volcanic and sedimentary rocks, key ingredients for the [...]
Stone Gold Inc. is pleased to report that drilling is underway at the Company's Mt. Jamie North Gold Property, located in the western extension of the prolific Red Lake Gold Camp in Ontario, Canada. This initial drill program is designed for a minimum of 900 metres of NQ diamond drilling that will test the gold mineralization potential of three targets. These targets occur in a structural-mineralization corridor within [...]
Stone Gold Inc. is pleased to announce that, further to its news release of February 9, 2021, the Company has entered into an option agreement with current claims holders to earn a 100% interest in certain mineral claims in Batchewana Bay, Ontario making up the East Breccia project and a second option agreement with current claims holders to earn a 100% interest in certain mineral claims in Batchewana Bay, Ontario making [...]
Stone Gold Inc. is pleased to announce that it has signed a diamond drilling contract with Rodren Drilling Ltd. for the Mt. Jamie North property located in Red Lake, Ontario. The preliminary drill program is for a minimum of 900 metres NQ drilling and is expected to be completed by end of March 2021. Stone Gold President and CEO John Timmons states, "We are excited to have the opportunity to drill the untested Mt. Jamie [...]
Stone Gold Inc. is pleased to announce that it has entered into two non-binding letters of intents with current claims holders to earn a 100% interest in certain mineral claims in Batchewana Bay, Ontario making up the East Breccia property and the Tribag Mine property , respectively. The transactions contemplated by the LOIs will provide Stone Gold the option to acquire: a 100% interest in the East Breccia property, over [...]
Stone Gold Inc. is pleased to announce that it has completed the acquisition of the mineral claims in Red Lake, Ontario from EMX Royalty Corp. previously announced in the Company's January 13, 2021 news release. Under the terms of the purchase agreement, EMX received a cash payment of $10,000, the grant of a 1.5% net smelter royalty on the Claims and will be issued 30,000 common shares of Stone Gold at closing in exchange [...]
Stone Gold Inc. is pleased to announce that it has entered into an asset purchase agreement with EMX Royalty Corp. , pursuant to which the Company will acquire certain mineral claims in Red Lake, ON from EMX. Under the terms of the Agreement, EMX will receive a cash payment of $10,000, the grant of a 1.5% net smelter royalty on the Claims and will be issued 30,000 common shares of Stone Gold at closing in exchange for [...]
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