Headwater Gold Inc. is pleased to announce that the Company and Centerra Gold Inc. have agreed to a strategic investment under which Centerra will acquire 9.9% of the issued and outstanding common shares of the Company. Centerra will purchase, through a non-brokered private placement, 7,000,000 common shares of the Company at a price of $0.22 per share for gross proceeds of $1,540,000 . The issue price represents a 15 [...]
Headwater Gold Inc. is pleased to announce the acquisitions of two additional epithermal vein projects, Rock Creek and Hot Creek, in Northern Nevada. Both projects have been acquired through claim staking on open ground managed by the Bureau of Land Management . Highlights: Two New Projects in Northern Nevada: Headwater has acquired the Rock Creek and Hot Creek epithermal gold projects by claim staking on BLM land. Both [...]
Headwater Gold Inc. is pleased to provide an update on activities across the Company's portfolio of projects under earn-in agreements with Newmont Corp. announced on August 16, 2022 and May 9, 2023. Highlights: Spring Peak Drilling: A multi-rigdrill program is underway at the Spring Peak Project earn-in with Newmont. Approximately 2,500 metres of up to 7,000 metres of planned drilling has been completed. Five drill holes [...]
Headwater Gold Inc. announces that it has granted 1,700,000 incentive stock options to directors, officers, employees and consultants of the Company. Each Option is exercisable to purchase one common share of the Company at a price of $0.20 for a five-year term and vests immediately. The Options are subject to the acceptance of the Canadian Securities Exchange. About Headwater Gold: Headwater Gold Inc. is a [...]
Headwater Gold Inc. is pleased to announce the commencement of drilling at the Spring Peak project in Nevada. The program is designed to follow-up on Headwater's 2022 and 2023 drill programs which discovered high-grade epithermal veins in two distinct target areas . Highlights: Jurisdiction: Spring Peak is located in the Walker Lane belt of Nevada, adjoining Hecla Mining Company's past producing Aurora Mine Drilling [...]
Headwater Gold Inc. is pleased to announce significant expansions of its Spring Peak and Lodestar projects in Nevada, and the initiation of a comprehensive district-scale exploration program. The land expansion and regional exploration programs are being funded through earn-in agreements with Newmont Corporation announced on August 16, 2022 and May 9, 2023. Highlights: 97% Land Position Expansion: Headwater has staked 583 [...]
Headwater Gold is pleased to announce the appointment of Mr. Fraser MacCorquodale as a Non-Executive Director, effective immediately. The Company has appointed Mr. MacCorquodale as a Non-Executive Director; Fraser is an exploration geologist with over 35 years’ experience and until recently was Newcrest Mining’s global head of exploration from 2008 to 2023, during which he was directly involved in several discoveries [...]
Headwater Gold is pleased to announce the planned 2024 exploration activities on the Spring Peak and Lodestar projects under earn-in agreements with Newmont announced on August 16, 2022 and May 9, 2023. Headwater and Newmont have agreed upon proposed 2024 exploration activities at the Spring Peak and Lodestar projects targeting high-grade gold mineralization in epithermal veins; Exploration activities are currently [...]
Headwater Gold is pleased to announce final assay results from its 2023 Spring Peak drilling program. Drilling at Spring Peak was fully funded by a subsidiary of Newmont pursuant to the earn-in agreements announced on August 16, 2022. Drilling at the Disco Zone has identified high-grade gold mineralization along the 400 m drilled strike extent of the zone with multiple intercepts in excess of 10 grams per tonne gold [...]
Headwater Gold is pleased to announce assay results from the maiden drill program at its Midas North project. Drilling was fully funded by a subsidiary of Newmont pursuant to the option and earn-in agreement announced on August 16, 2022. The Midas North project hosts a large, previously undrilled epithermal alteration cell in the northern Midas District past-producing Midas Mine; Nine widely spaced scout drill holes were [...]
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