Golden Ridge Resources Ltd. is pleased to announce inaugural exploration plans for its recently acquired Newfoundland property portfolio . The Phase I exploration program will focus on the Williams and Heritage projects. Immediately following the completion of the Phase I program, a Phase II diamond drilling program will be initiated which is designed to test current and new targets generated from the Phase I program [...]
Golden Ridge Resources Ltd. announces it has closed its previously announced financing and issued 14,333,333 units of the Company at a price of $0.15 per unit for gross proceeds of $2,150,000 . Each Unit consists of one common share of the Company and one-half of one common share purchase warrant . Each Warrant entitles the holder to acquire one additional common share in the capital of the Company at a price of $0.25 per [...]
Golden Ridge Resources Ltd. is announces it has increased its previously announced financing and will now undertake to complete a non-brokered private placement for up to 14,333,333 units of the Company at a price of $0.15 per unit for gross proceeds of up to $2,150,000 . Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant . Each Warrant will entitle the holder to [...]
Golden Ridge Resources Ltd. is pleased to announce it intends to complete a non-brokered private placement of up to 10,000,000 units of the Company at a price of $0.15 per unit for gross proceeds of up to $1,500,000. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant . Each Warrant will entitle the holder to acquire one additional common share in the capital of the [...]
Golden Ridge Resources Ltd. is pleased to announce it has entered into various agreements with arms length vendors to acquire six properties located in Newfoundland. The properties comprise 17,850 hectares or 178.5 square kilometers of highly prospective exploration ground for precious metals. Four of the six projects are located on the Burin Peninsula which is home to the western portion of Newfoundland's Avalon Zone [...]
Golden Ridge Resources Ltd. announces that further to its news release of May 1, 2020 the Company's intention to consolidate its common shares on a 5-old-for-1-new share basis will be effective May 20, 2020. Golden Ridge's commons shares will commence trading under the current trading symbol "GLDN" at the opening of trading on May 20, 2020 on a post consolidated basis. Letters of transmittal have been mailed to all [...]
Golden Ridge Resources Ltd. is pleased to report that it has entered into an option agreement to earn a 100% interest in the Williams Gold Property located 30 km south and on trend with New Found Gold Corp.'s recently announced high grade intersection of 92.86 g/t Au over 19.0 meters, including 285.2 g/t Au over 6.0 metres at its Queensway Gold project .1 The Williams Gold property is surrounded by the Queensway Gold [...]
Golden Ridge Resources Ltd. is pleased to report additional positive soil geochemical results from the More Creek Zone on its Ball Creek Property , under option from Evrim Resources Corp., located in BC's Golden Triangle District. The results are highlighted by several high tenor copper-in-soil anomalies , only one of which has seen previous exploration in the form of 5 historic drill holes. Highlights: - 7km trend of [...]
Golden Ridge Resources Ltd. is pleased to report a newly discovered 4.5 kilometre long copper-in-soil anomaly on its Ball Creek Property , under option from Evrim Resources Corp., which extends west onto claims 100% owned by Golden Ridge . To date, only eleven reconnaissance soil lines have been completed and the anomaly remains open to the northwest. No historic work is recorded on the anomalous zone which was targeted [...]
Golden Ridge Resources Ltd. is pleased to report positive soil geochemical results from the Main, Cliff, Goat and ME Zones on its Ball Creek Property , located in BC's Golden Triangle District. The results are highlighted by a Cu-Mo-Au-Ag-Pb-Zn anomaly which extends for approximately 5km in north-south distance and remains open on several sides. Plan view maps of the soil results can be viewed at [...]
TheNewswire - November 20, 2019 - Golden Ridge Resources Ltd. is pleased to report assay results for the remaining drill holes on its Ball Creek Project located in BC's Golden Triangle. MZ-19-01, drilled as a southwest step-out from 2012 drill holes BC-12-48 and BC-12-54, intersected 291.5 meters of 0.48 g/t Au, 0.14% Cu and 0.95 g/t Ag . MZ-19-01 collared in a gold-rich cap which blankets the Property's Main Zone was [...]
September 18, 2019 - TheNewswire - Golden Ridge Resources Ltd. is pleased to provide an update on its phase II exploration and diamond drilling program focused on its Ball Creek project , located in BC's Golden Triangle. The first hole testing the southwest extension of the Main Zone has been completed to a depth of 393.0 meters intersecting a feldspar-hornblende +/- biotite porphyry with varying levels of potassic [...]
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