Volcanic Gold Mines is pleased to announce the resumption of exploration activities on the Holly Property. Previous drilling in 2021-22 at Holly defined an inferred resource of 1.32 million tonnes at 6.46 g/t Au and 256 g/t Ag. Spectacular grades were obtained in the last drill campaign where north-west trending epithermal veins cut the regional-scale east-west trending Jocotán fault breccia. Drilling has defined [...]
Volcanic Gold Mines Inc. is pleased to announce the resumption of exploration activities on the Holly Property and nearby regional targets in Central America. This follows two positive developments, the acquisition of Bluestone Resources by Aura Minerals and the El Salvadorian President, Nayib Armando Bukele Ortiz, proposing to revoke that country's ban on mining. Aura Minerals Inc. plans to acquire Bluestone Resources in [...]
Volcanic Gold Mines Inc. and joint venture partner, Radius Gold Inc. , are pleased to report that Volcanic has fulfilled the modified Option Agreement and earned a 60% interest in Radius's Holly and Motagua Norte Properties in Guatemala by completing the required US$7 million in exploration expenditures. During the period July 2021 to July 2022 Volcanic invested over US$4.5 in exploration on the Holly Project, the [...]
Volcanic Gold Mines Inc. and joint venture partner Radius Gold Inc. report on the conclusion of the first pass drilling campaign at the Motagua Norte Project, Guatemala. As previously reported , the initial drillholes did not locate the source of the broad area of bonanza grade gold bearing quartz boulder float discovered by Company geologists and named the Mila target. The gold-bearing quartz float at Mila covers a thin [...]
Volcanic Gold Mines and joint venture partner Radius Gold Inc. are pleased to report on the ongoing drilling campaign at the Motagua Norte Project. As previously reported , drilling confirmed that the broad area of boulder float with abundant bonanza grade assay results discovered by Company geologists at the Mila target is underlain by a serpentinite package, and the colluvial boulders of quartz and schists bearing [...]
Volcanic Gold Mines announces that its management has determined that it is in the best interests of the Company to extend the expiry date of certain common share purchase warrants exercisable at $0.70 per share which were issued in October 2020 pursuant to the Company's public offering and concurrent private placement. The original expiry date of these warrants of April 20, 2022 was previously extended to April 19, 2024 [...]
Volcanic Gold Mines and Radius Gold are pleased to present a further update on the ongoing drilling campaign at the Motagua Norte Project. As previously reported, drilling to date has confirmed that the broad area of boulder float with abundant bonanza grade assay results discovered by Company geologists is underlain by a serpentinite package, and that all of the colluvial boulders of quartz and schists bearing the [...]
Volcanic Gold Mines and Radius Gold are pleased to present an update on the first-pass drilling campaign that is ongoing at the Motagua Norte Project. Drilling to date has confirmed that the broad area of boulder float with abundant visible gold and bonanza grade assay results discovered by Company geologists is underlain by a serpentinite package, and that all of the colluvial boulders of quartz and schists bearing the [...]
canic Gold Mines announces that it has granted to its directors, officers and employees incentive stock options to purchase up to an aggregate of 850,000 common shares exercisable for up to ten years at a price of $0.23 per share. About Volcanic Volcanic brings together an experienced and successful mining, exploration and capital markets team focused on building multi-million-ounce gold and silver resources in [...]
Volcanic Gold Mines Inc. and Radius Gold Inc. are pleased to report that the previously announced signing of an amended option agreement between the companies which includes the Motagua Norte project in exchange for the Banderas project has been approved by the shareholders of each company and the TSX Venture Exchange. Disinterested shareholder approval was received at the respective annual general meetings of Volcanic [...]
Volcanic Gold Mines Inc. and joint venture partner Radius Gold Inc. are pleased to announce that a first-pass drilling campaign has commenced on the Mila Gold Discovery located within the Motagua Norte Project. The Mila prospect to date is defined over a 250 m by 600 m area of quartz outcrop, subcrop and boulder float with abundant visible gold and bonanza grade assays discovered by Company geologists in Central [...]
Volcanic Gold Mines Inc. is pleased to provide an exploration update on the high-grade Mila prospect in the Motagua Norte project in Guatemala. Highlights of the gold discoveries at the Mila prospect: Concentration of bonanza-grade and visible gold in quartz veins over a 250 x 570 m area. Continuous line rock chip sampling across mixed outcrop, subcrop, boulder fields of 34 m averaging 42 g/t gold and 24 m averaging 54 [...]