Evergold Corp. is pleased to announce a wide-ranging in-house review of its operations and strategic approach, in conjunction with which management is welcoming expressions of interest in partnering with the company to advance its promising Golden Lion and DEM properties, each of which is highlighted below. The partnering initiative builds upon strong recent interest in the Company's properties, as reflected by the recent [...]
Evergold Corp. is pleased to report assay results for two core holes completed on the DEM Mountain Zone near Fort St. James, B.C. in early October this year, in follow up to highly encouraging results from an initial 3-hole drill program , carried out in fall 2023 . The DEM Mountain Zone consists of a polymetallic sulphide-bearing vein and vein-breccia and related alteration system hosted within what is interpreted to be [...]
Evergold Corp. is pleased to announce that it has granted Wolfden Resources Corp. an option to acquire in two stages up to a 75% interest in the Company's drill-permitted, past producing Rockland gold-silver property, located south of Yerington in Nevada's Walker Lane geological belt. It is anticipated that the agreement will lead to the commencement of a minimum 5,000 feet of core drilling in the near future. Under the [...]
Evergold Corp. is pleased to report that a limited program of follow-up drilling to last season's greenfield precious and strategic metals discovery at the road-accessible DEM porphyry prospect, located near Fort St. James in central B.C., has achieved encouraging new intersections of the DEM sulphide vein system within DEM Mountain, in what is now interpreted to be the alteration "halo" around a large intrusion anchoring [...]
Evergold Corp. is pleased to announce that drilling has commenced at the Company's road-accessible DEM prospect, located in central B.C. near Fort St. James, in follow-up to last season's precious and strategic metals discovery . The program will encompass up to 1,000 metres of drilling in multiple holes targeting a prominent north-south geochemical and geophysical trend, part of the much larger 4 km2 geophysically and [...]
Evergold Corp. is pleased to report that personnel have been active on the ground at the Company's road-accessible DEM1 precious and strategic metals discovery in central B.C., refining targets and preparing for the fall drill program, which the Company is now fully financed to complete. "Geophysical surveying earlier this year highlighted an exceptionally strong target lying between last year's two widely spaced drill [...]
Evergold Corp. announces that the TSX Venture Exchange has agreed to extend the closing of the second tranche of its non-brokered private placement financing , first announced on May 21, 2024, to on or before August 5, 2024. Under the Offering, the Company may raise aggregate gross proceeds of up to $3,500,000 through the issuance of a combination of flow-through units at a price of $0.05 per FT Unit and hard dollar units [...]
Evergold Corp. is pleased to announce the launch of this season's field program on the Company's road-accessible DEM precious and strategic metals prospect, located in central B.C. some 40 kilometres northwest of Fort St. James. The program gets underway this week with prospecting and ground-truthing of the DEM1 and DEM2 target areas and, in July and August, additional field work including geophysics, mapping and sampling [...]
Evergold Corp. is pleased to report that it has closed a first tranche of its previously announced non-brokered private placement financing for aggregate gross proceeds of $1,072,000. The Company may, or may not, raise additional capital in a second tranche of the same financing for potential closing on or before July 6, 2024. The majority of the proceeds from the financing will be used for follow-up drilling late this [...]
Evergold Corp. is pleased to announce that it intends to complete a non-brokered private placement financing for aggregate gross proceeds of up to $3,500,000 through the issuance of a combination of hard-dollar units of the Company at a price $0.045 per HD Unit and flow-through units at a price of $0.050 per FT Unit . It is expected that the majority of the gross proceeds from the sale of the FT Units will be used for [...]
Evergold Corp. is pleased to report, further to highly encouraging reconnaissance drill results released earlier this year , the completion of a 5 line-km CSAMT deeper-looking geophysical survey directly over the DEM1 target . The survey has revealed a large-scale resistivity-low anomaly coincident with high Induced Polarization chargeability, suggestive of the presence of abundant sulphides, extending across all lines, a [...]
Evergold Corp. is pleased to report that a high resolution heliborne magnetic survey over the road-accessible DEM property in central B.C. has been completed, revealing in the process a large new target - designated 'DEM2' - of similar scale and geophysical character to the DEM1 porphyry prospect, and centred approximately 4 kilometres to the southeast . The two prospects are separated from each other by a granitic [...]
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