St. Anthony Gold Corp. is pleased to announce that it has entered into a right of exclusivity agreement to acquire the Mallay Mine in Peru. The Mallay Mine is located five hours drive north of Lima and three kilometers from the community of Mallay. The 10,562 hectare Tres Cerros Au-Ag Project, mine and processing plant are currently in care and maintenance mode. The existing 600 tpd plant was constructed in 2010. The [...]
St. Anthony Gold Corp. is pleased to announce that it has closed the previously announced sale of all of its rights and title to the Panama Lake Property to Trillium Gold Mines Inc.. Trillium paid St. Anthony $500,000 in cash and issued 1,000,000 common shares in the capital of Trillium to the Company. In the event Trillium acquires a 100% interest in the Property, St. Anthony has a one-year option to cause Trillium to [...]
St. Anthony Gold Corp. is pleased to announce that it has signed a Purchase and Sale Agreement to sell all of its rights and title to the Panama Lake Property held to Trillium Gold Mines Inc.. Pursuant to an assignment and assumption agreement to be entered into on the closing of the transactions contemplated by the Purchase Agreement , among Trillium and St. Anthony, St. Anthony will assign all of its rights and [...]
St. Anthony Gold Corp. announces it has received a notice of default under its option agreement dated March 15, 2022 with Magabra Resources Corp. . While the 30 day default correction period has not yet expired, the Company has determined that it would take the conservative approach and impair the property in its just filed quarterly statements, resulting in a write down of $2,725,119. While the Company disputes the legal [...]
St. Anthony Gold Corp. announces it has completed a first closing of a non-brokered private placement of up to $750,000. The Company accepted subscriptions for 4,700,000 units at a price of $0.08 per unit, for gross proceeds of $376,000. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at $0.15 for a period of two years [...]
St. Anthony Gold Corp. is pleased to share 2021 wrap-up highlights on both the Company properties in northern Ontario, one of Canada's most prolific mining jurisdictions. "Exploration activities throughout 2021 were difficult due to Covid-19 restrictions, nonetheless the Company completed 50% of Phase 1 drilling at the St. Anthony Gold Property with exceptional VG showings in all drill holes as previously announced in our [...]
St. Anthony Gold Corp. announces it has completed a first closing of a non-brokered private placement of up to $1,000,000. The Company accepted subscriptions for 3,050,000 units at a price of $0.10 per unit, for gross proceeds of $305,000. Each unit consists of one common share and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at $0.20 for a period of two years [...]
St. Anthony Gold Corp. announced that it intends to proceed with a consolidation of its common shares on the basis of four pre-consolidation Shares for one post-consolidation Share . The Board of Directors approved the consolidation on November 3, 2021. The Company currently has 123,029,341 Shares issued and outstanding. Accordingly, once the Consolidation is effective, the Company will have approximately 30,757,335 [...]
St. Anthony Gold Corp. has received the results of the Metallic Screen assays conducted on previously reported assay results. These assays were used to verify previous results in samples where coarse gold was found or regular fire assays results were greater than 10 GPT Au. The overall gold results for the full metallic screen assays were mixed when compared to the gold fire assay gravimetric results. The results do [...]
St. Anthony Gold Corp. provides the following update on the Panama Lake property: While the St. Anthony gold mine property has been the primary focus of the Company over the past year, recent developments in the Red Lake Mining District surrounding the Panama Lake gold project have sparked considerable new interest. As a result, management is updating budgets and exploration plans for the near future. The interest in [...]
St. Anthony Gold Corp. provides the following corporate update. The Company is continuing its Phase One diamond drilling program on the St. Anthony gold mine property located in the Kenora-Patricia Mining District, Ontario. The program, which targets a total of 15,000 meters in three phases was launched in July 2021 is focused on the three main deposit zones. Following the temporary cessation of drilling due to wildfires [...]
Maxtech Ventures Inc. has announced a name change to St. Anthony Gold Corp. Shares will begin trading under the new name, symbol and with a new CUSIP number on August 19, 2021. Disclosure documents are available at www.thecse.com. Please note that all open orders will be cancelled at the end of business on August 18, 2021. Dealers are reminded to re-enter their orders. _________________________________ Maxtech Ventures[...]