Q-Gold Resources Ltd. announces today the appointment of Stan Bharti as its Executive Chairman, effective immediately. Mr. Bharti is a professional engineer, international financier, and seasoned entrepreneur. He has more than 35 years of experience in business, finance, markets, and operations. He has amassed over $3 billion worth of investment capital for the companies that he has worked with. Mr. Bharti has been [...]
Highlights: Gold has been designated as a strategic mineral in the United States by President Trump Previous operators have invested over $20M in the project with over 100,000 metres of historical drilling Project compliments the Mine Centre historical Foley Mine in Northern Ontario where approvals are being sought to re-drill for possible reactivation Project consists of 244 mineral claims across ~2,000 hectares ~100,000 [...]
Q-Gold Resources Ltd. is pleased to announce that the Company intends to use a portion of the proceeds of its recently completed oversubscribed flow-through and non-flow-through financings to commence a diamond drill program to follow-up high-grade gold results reported in the 2022 drill campaign on its Mine Centre Project, in the prolific Mine Centre Camp. For more information about the financings, please see the [...]
Q-Gold Resources Ltd. is pleased to announce that it has closed a final tranche of previously announced non-brokered flow-through and non-flow through private placement for gross proceeds of C$357,999.88 . Under the Final Tranche, the Company issued 1,925,000 flow-through units at $0.16 per unit , each FT Unit consisting of one flow-through common share and one-half of a warrant, each whole warrant exercisable at $0.20 [...]
Q-Gold Resources Ltd. is pleased to announce that it has closed a first tranche of previously announced non-brokered flow-through and non-flow through private placement for gross proceeds of C$503,406.28 . Under the First Tranche, the Company issued 2,200,000 flow-through units at $0.16 per unit , each FT Unit consisting of one flow-through common share and one-half of a warrant, each whole warrant exercisable at $0.20 [...]
Q-Gold Resources Ltd. is pleased to announce it is initiating a non-brokered private placement for gross proceeds of up to C$750,000. The Offering will consists of two parts: flow-through units at $0.16 per unit , each FT Unit consisting of one flow-through common share and one-half of a warrant, each whole warrant exercisable at $0.20 per share for 24 months ; and non-flow through units at $0.14 per unit , each Non-FT [...]
Q-Gold Resources Ltd. is pleased to announce that it has filed on SEDAR+ a National Instrument 43-101 - Standards of Disclosure for Mineral Projects compliant, independent technical report on its wholly-owned Mine Centre Property located in Ontario, Canada . The Report includes the exploration work undertaken during the last three years by the Company at the Project. The report includes an airborne magnetic survey, a [...]
Q-Gold Resources Ltd. is issuing this press release in response to a request by the Canadian Investment Regulatory Organization to comment on recent trading activity of its stock. The Company is not aware of any material, undisclosed corporate developments and has no material change in its business or affairs that has not been publicly disclosed that would account for the recent increase in the market price or trading [...]
Q-Gold Resources Ltd. is pleased to announce that the final assay results of two samples from our fall 2022 exploration drilling program, which were sent for metallic screen analysis owing to the presence of visible gold, have been received. All samples were analyzed at the Thunder Bay Actlabs facility . As previously announced , the 2022 drill program was an overall success with 5 of the 8 holes drilled intersecting [...]
Q-Gold Resources Ltd. is pleased to announce that results from the 2022 exploration diamond drill program which was successfully completed on December 23, 2022 have been received. The 2022 Drill Program was an overall success with 5 of the 8 holes drilled intersecting their targeted vein systems. The part of the 2022 Drill Program that focused on the historic Foley Mine was very successful in extending the strike of the [...]
Q-Gold Resources Ltd. is pleased to announce that the 2022 exploration program was successfully completed on December 23, 2022. Exploration work during 2022 on Q-Gold's 100% owned Mine Centre property focussed on the past-producing Foley Mine and environs. The work included the collection of 280 geochemical samples over 15 line-km and a property-wide LiDAR survey culminating in an eight-hole diamond drill program . The [...]
Q-Gold Resources Ltd. is pleased to announce that it has commenced drilling an 8-hole program on its wholly owned Mine Centre Property in Ontario, Canada as part of its 2022 exploration program . Rodren Drilling Ltd collared the first hole of the Program on December 1, 2022 which is designed to extend the known mineralization of the Bonanza and Jumbo veins previously mined at the Foley mine in the early 1900's to the [...]
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