Angold Resources Ltd. is pleased to announce that it has identified new zones of gold mineralization to the north and west of the historic resource at Iron Butte, with samples of up to 0.6 g/t gold and high mercury at surface. An additional 77 claims have been staked adding to this Northern Extension Area for a total contiguous claim area of 267 claims over 5,340 acres. The combined strike of anomalous mineralization in [...]
Angold Resources Ltd. is pleased to announce that it has commenced the second field work season on its Cordillera project in the Maricunga Gold Belt of northern Chile. The program includes soil sampling, geophysics, prospecting, and detail mapping on areas surrounding the main target where the Company received assays of ore-grade gold samples up to 11.95 g/t gold from surface samples . Angold's CEO, Mr. Adrian Rothwell [...]
Angold Resources Ltd. is pleased to recap the results of its 2021 program at the Lajitas target and provide guidance on sampling, geophysical results over the entire Dorado Project. Key Highlights: Drilling: 2021 drilling at Lajitas confirmed >100m step-outs to the north and south and expansion of mineralization at depth. The Company's highlighted hole was 302 m at 0.71 g/t Au from surface. Opportunity: The holes drilled [...]
Angold Resources Ltd. is pleased to announce that it has sampled numerous targets at its Dorado Project in the Maricunga Belt of Chile . Key Highlights: Classic Maricunga Style Mineralization: Samples of up to 11.85 g/t gold at surface have been sampled from banded quartz porphyry-type vein outcrops which indicate the existence of near-surface Au-rich porphyry intrusion and expand the surrounding ~6 km2 epithermal gold [...]
Further to its news release dated December 1, 2021, Angold Resources Ltd. is pleased to announce closing of a non-brokered private placement of 22,727,273 units for gross proceeds of $2,500,000 . Each Unit consists of one common share and one common share purchase warrant , each of which is exercisable at a price of $0.165 until December 16, 2024. Angold's CEO, Mr. Adrian Rothwell, stated: "With great interest in this [...]
Angold Resources Ltd. is pleased to announce that due to investor demand it has increased the size of its private placement, as previously announced on November 29, 2021. Angold now proposes to issue up to 22,727,273 units at $0.11 per unit for total gross proceeds of up to C$2,500,000 . Each Unit will consist of one common share and one common share purchase warrant . Each Warrant will be exercisable at $0.165 per share [...]
Angold Resources Ltd. is pleased to announce a non-brokered private placement of up to 13,636,363 units at a price of $0.11 per unit for gross proceeds of up to $1,500,000 . Each Unit will consist of one common share and one common share purchase warrant . Each Warrant will be exercisable at $0.165 per share for three years following the closing date of the Offering. The Offering is subject to approval of the TSX Venture [...]
Angold Resources Ltd. is pleased to announce that it has filed a final short form base shelf prospectus with the securities regulatory authorities in each of the provinces of Canada, except Québec. Subject to securities regulatory requirements, the Shelf Prospectus will provide for the potential offering in Canada of up to an aggregate of C$25,000,000 of Angold's common shares, preferred shares, debt securities, warrants [...]
Angold Resources Ltd. is pleased to announce that it has commenced a program of geophysics, soil sampling, prospecting and mapping on areas surrounding the heavily oxidised historic gold resource of 606,186 ounces at 0.62 g/t. Prospecting and soil sampling is primarily targeting the location of gold bearing structures and supplements previous work completed by the Company, including the identification of structural [...]
Angold Resources Ltd. is pleased to announce that the company will be presenting at Red Cloud's 2021 Oktoberfest Fall Mining Showcase. We invite our shareholders and all interested parties to join us there. The annual conference will be a virtual event this year and will take place from October 18-20, 2021. Adrian Rothwell, President & CEO will be presenting on October 19th at 1:15PM Eastern Daylight time. For more [...]
Angold Resources Ltd. is pleased to announce that it has received assays of high-grade gold samples up to 11.95 g/t gold from surface samples on its Cordillera project in the Maricunga Gold Belt of northern Chile. These results coincide with gold and copper/molybdenum in talus fines samples and geophysical IP and magnetic anomalies. The Cordillera project is strategically located three kilometres north of the Caspiche [...]
Angold Resources Ltd. is pleased to announce that its common shares are now trading on the OTCQB Venture Marketplace. The Company has also received Depository Trust Company eligibility, making the Company's stock more accessible to US investors. The Company will trade on the OTCQB Venture under symbol "AAUGF"; the Company's common shares will continue to trade on the TSX Venture Exchange under the symbol "AAU".
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