Advance Gold Corp. is pleased to report drilling results from ongoing drilling at its 100% owned Tabasquena project in Zacatecas, Mexico. The results are from the company's flagship property that is investigating a 3500m long continuous high chargeability Induced Polarization anomaly. Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: "Three holes were completed near hole AGT-15 which previously [...]
Advance Gold Corp. is pleased to report on highlights of a recently completed Induced Polarization survey from its 100% owned Tabasquena project in Mexico that provides additional clarity to known chargeability anomalies and has also identified a new large anomaly to the west of the known anomalies. The aim of the recently completed geophysical campaign is to refine the shape of a high chargeability anomaly identified in [...]
Advance Gold Corp. is pleased to report that follow-up drilling has commenced on the mineralized vein intersection from AGT-15 that returned 2.15m of 664g/t silver at its 100% owned Tabasquena project in Zacatecas, Mexico. Two additional holes are planned for this vein and the first of these is currently underway. Also, additional core from drill hole AGT-15 has been sent to the lab for assaying. Additional Sampling On [...]
Advance Gold Corp. is pleased to report drilling results from holes AGT-15 and AGT-16 from the Tabasquena project in Zacatecas, Mexico. The results are from the company's flagship property that is investigating a 3500m long continuous high chargeability Induced Polarization anomaly. Highlights of Drilling Results Drill holes 15 and 16 focused on drilling a 3500 metre long continuous chargeability anomaly; Distance between [...]
Advance Gold Corp. has granted stock options to its directors, key employees and consultants entitling them to purchase, in total, up to 2,000,000 shares over a five-year term expiring September 23, 2025 at an exercise price of $0.12 per share. Pursuant to the company's stock option plan, it will be a term of each stock option agreement that a mandatory hold period will be imposed upon the sale or disposition of any [...]
Advance Gold Corp. is pleased to report on exploration work recently completed including drilling and an expanded geophysical survey. The recently completed hole 16 returned a 10.7 metre thick sulphide zone, samples from this zone have been submitted for assaying. The expanded geophysical program was focused on the northern end of a 3500-metre continuous IP chargeability anomaly. This geophysical work has outlined a new [...]
Advance Gold Corp. is pleased to report that as of May 2020, Advance Gold held an 12.23% equity interest in three licenses within the Kakamega Gold Project in West Kenya, with Acacia Exploration Kenya Ltd. , a company owned by Barrick Gold Corp., holding the balance of 87.77%. The joint venture claims in Kenya comprise the Rosterman, Burkura, and Sigalagala Projects. Barrick has agreed to the sale of their interest to [...]
Advance Gold Corp. is pleased to provide an update on current drilling and announce a new phase of geophysics. At the north end of the anomaly, where there is a hinge and then it dips vertically there is only one IP survey line going north to south. The new phase of geophysics will add four additional lines, running parallel to the first line. They will be 1km long lines at 75 metre spacing and will help better understand [...]
Advance Gold Corp. is pleased to announce that it has filed documents with the TSX Venture Exchange to close its previously announced private placement financing . Subject to the receipt of all regulatory approvals, the Company will issue 7,200,000 Units, each Unit consisting of 1 common share and 1 common share purchase warrant, each warrant being exercisable at $0.12 until July 28, 2022, for gross proceeds of $720,000 [...]
Advance Gold Corp. is pleased to announce that it has filed documents with the TSX Venture Exchange to close its previously announced private placement financing. Subject to the receipt of all regulatory approvals, the Company will issue 7,200,000 Units, each Unit consisting of 1 common share and 1 common share purchase warrant, each warrant being exercisable at $0.12 for 24 months, for gross proceeds of $720,000 [...]
Advance Gold Corp. is pleased to announce drilling is underway at its Tabasquena project in Mexico. Drilling will focus on a key area of a 3200 plus metre continuous chargeability anomaly, where there is a Hinge zone in the anomaly and then it drops vertically beyond the detection limits of the geophysical survey. Allan Barry Laboucan, President and CEO of Advance Gold Corp. commented: "After we identified a 3200 plus [...]
Advance Gold Corp. announces that, subject to the approval of the TSX Venture Exchange, it proposes to increase to $725,000 its previously announced non-brokered private placement of units at a price of 10 cents per Unit for gross proceeds of $725,000. Each Unit shall be comprised of one common share in the capital of the Company and one common share purchase warrant. Each warrant shall entitle the holder to purchase one [...]
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