Jan. 19, 2024 -- Angus Gold Inc. is pleased to announce a non-brokered flow-through private placement to raise gross proceeds of C$4,640,000 . The FT Offering will consist of 5,800,000 special flow-through units of the Company at a price of C$0.80 per FT Unit. Each FT Unit will consist of one common share of the Company that will qualify as a "flow-through share" of the Income Tax Act ) and one-half of one common share [...]
VANCOUVER, BC, Jan. 19, 2024 /CNW/ - The following issues have been halted by CIRO Company: Angus Gold Inc. TSX-Venture Symbol: GUS All Issues: Yes Reason: Pending News Halt Time : 9:22 AM CIRO can make a decision to impose a temporary suspension of trading in a security of a publicly-listed company. Trading halts are implemented to ensure a fair and orderly market. CIRO is the national self-regulatory organization which [...]
Highlights: Results confirm the presence of high-grade gold with a brand-new discovery in GS-23-100, which intersected 48.7 g/t Au over 1.5 metres within a broader, lower-grade alteration zone of 5.5 metres A Winter drilling program of 5,500 metres to resume mid-January to test additional targets on the Eagle River Splay and high-grade mineralization on the Dorset Gold Zone Five exploration drill holes, totaling 1,272 [...]
Highlights: Fall drilling program to test new gold targets in the Eagle River Splay Area Priority gold targets were identified with strong geophysical anomalies and are associated with a splay of the Eagle River Deformation Zone that is host to Wesdome's Eagle River Mine Numerous historic surface samples > 5 g/t Au were collected in the exploration area No historical drilling has been completed in this area Fall program [...]
Highlights: Three infill drill holes were completed along the new Dorset East strike extension and continue to confirm that the Dorset Gold Zone is a larger, and higher-grade, gold system than was previously understood Results continue to intersect a consistent, mineralized system along the 1.7 kilometres of newly defined strike length: 3.8 metres of mineralization grading 5.32 g/t Au, including 2.7 metres of 6.83 g/t Au [...]
Highlights: Strike length of the Banded Iron Formation now defined as 1.0 kilometre Infill and expansion drilling within the BIF exploration area continues to confirm continuity and scale of extensive gold system Results confirm a consistent, thick mineralized system with intervals of up to: 61.3 metres of mineralization grading 1.0 g/t Au, including 1.0 metre of 6.6 g/t Au and 11.0 metres of 2.1 g/t Au in Hole GS23-080 [...]
Angus Gold Inc. regrets to report that an incident occurred at its Golden Sky Project which resulted in the fatality of an employee working for an independent contractor. The incident occurred while moving a drill on site. No other personnel were injured. The program is managed and undertaken by a third-party drilling operator. The Company is working with regulatory authorities in their review of the matter. Breanne Beh [...]
Angus Gold Inc. announces that it has granted options to acquire a total of 1,275,000 common shares of the Company to officers, directors, employees, and consultants, pursuant to the Company's Stock Option Plan, at the exercise price of $0.65 per share for a period of five years, subject to vesting requirements. Additionally, the Company has granted 550,000 restricted stock units to officers, directors, employees, and [...]
Highlights: David Palmer appointed as Chairman and Director of the Company Breanne Beh appointed President and CEO, effective July 10, 2023 Appointments are part of the Company's initiative to build a strong executive team and to follow up on the new gold discoveries at the Golden Sky Project in Wawa, Ontario. TORONTO, June 28, 2023 -- Angus Gold Inc. is pleased to announce the appointments of Dr. David Palmer as Chairman [...]
Highlights: Winter 2023 infill drilling program at the Dorset Zone intersected significant gold mineralization including 5.1 g/t Au over 8.0 metres within a broader zone of 2.8 g/t Au over 16.0 metres and 3.4 g/t Au over 6.0 metres within a wider interval of 2.2 g/t Au over 16.0 metres Nine of the final fifteen winter drill holes were completed as infill holes on the Dorset Zone resource area and all holes intersected [...]
Highlights: Dorset-style gold mineralization intersected in all seven infill holes drilled west of the current resource area. Infill drilling intersected significant gold mineralization grading up to 1.4 g/t Au over 23.5 metres, including 8.4 g/t Au over 3.0 metres. This follows previously released results, which extended the Dorset Zone an additional 450 metres to the west, with an intersection of 1.4 g/t Au over 12.6 [...]
Angus Gold Inc. is pleased to announce a non-brokered private placement consisting of up to 4,000,000 flow-through shares of the Company at a price of C$1.00 per FT Share and up to 1,500,000 hard dollar shares of the Company at a price of C$0.72 per Hard Share for aggregate gross proceeds of up to C$5,080,000 . The net proceeds from the Offering are expected to be used to fund exploration on the Company's projects in [...]
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