Mexican Gold Corp. is pleased to announce the results from its recent drill program at the Las Minas project in Veracruz, Mexico. The objectives of the diamond drilling program included: infill drilling at El Dorado, the extension of the Cinco Senores zone, initial drill testing of the Pueblo Nuevo prospect, and the testing of a large, blind geophysical anomaly north of the Cinco Senores area. A total of 13 holes were [...]
Mexican Gold Corp. is pleased to announce that Palisades Goldcorp Ltd., a private Vancouver Company, has acquired, by way of private agreements, an aggregate of 18,278,488 common shares of the Company and warrants to purchase a further 11,875,000 shares in consideration of an aggregate of 4,916,600 common shares of Palisades. The acquisition of shares results in Palisades owning an aggregate of 37,821,388 common shares [...]
Mexican Gold Corp. is pleased to announce that further to its July 15, 2019 news release announcing the closing of its non-brokered private placement of 50,000,000 common shares and 50,000,000 share purchase warrants , the Company is pleased to announce that it has received TSX Venture Exchange approval for the listing of the Warrants. It is anticipated that the Warrants will commence trading on the Exchange at market [...]
Mexican Gold Corp. is pleased to provide an update on its current drill program at the Las Minas project in Veracruz, Mexico. Highlights: 655 metres have been drilled over 5 holes to date The first 3 holes of the program tested for mineralization at the El Dorado zone LM-19-CS-13, the 4th hole, was drilled to 261 metres and tested a significant electromagnetic anomaly which is coincident with a km-scale zone of argillic [...]
Mexican Gold Corp. is pleased to announce a new NI 43-101 resource estimate for the Las Minas Project in Veracruz, Mexico. The resource estimate was prepared by Mine Development Associates of Reno, NV. Highlights: The Las Minas Project hosts 645,000 ounces of gold equivalent at an average grade of 3.674 g AuEq/t, in the Indicated category – see Table 1. The Las Minas Project hosts 217,000 ounces of AuEq at an [...]
Mexican Gold Corp. announces that it has cancelled an aggregate of 1,636,500 options to acquire common shares which were granted under the Company’s share option plan to certain directors, officers, and employees of the Company. The cancelled options were voluntarily surrendered by the Holders thereof. The cancelled options were originally granted during the period of March 20, 2015 to May 16, 2018 with exercise [...]
Mexican Gold Corp. is pleased to announce it will embark on an aggressive exploration and drilling program for the remainder of 2019 to explore highly prospective targets at its Las Minas Project. Highlights: A planned 3000-meter drill program designed to test 4 prospective targets and 2 geological concepts Drilling is set to commence in mid-October The 4 targets being drilled are Pueblo Nuevo, the Cinco Senores TEM [...]
Mexican Gold Corp. is pleased to announce the results of geophysical reinterpretation work done at Las Minas. Highlights: A new geophysical resistivity anomaly has been identified at Cinco Senores, with similar size to the one underlying the resource zone at El Dorado Cinco Senores is just one of eight known zones of mineralization prospective for gold at Las Minas “We are pleased to identify a new, large, and [...]
Mexican Gold Corp. announces that it has made significant additions to its management team. Along with the financing closed in July, the Company is now in a strong financial and corporate position to explore and advance the Las Minas gold-copper resource in Veracruz, Mexico and to create value for shareholders. Highlights: Matt Liard has been appointed Vice President of Exploration Michael Kanevsky has been appointed [...]
Mexican Gold Corp. announced today that pursuant to the Company’s stock option plan, and subject to the approval of the TSX Venture Exchange, the Company has granted 4,150,0000 stock options to Directors, Officers and Consultants of the Company at an exercise price of $0.105 per share, expiring July 17, 2024. The Company is also pleased to announce the appointment of Jay Sujir to the Company’s board of [...]
Mexican Gold Corp. is pleased to announce that it has closed its previously announced non-brokered private placement comprised of 50,000,000 units of the Company at an issue price of $0.08 per Unit for aggregate gross proceeds of $4,000,000 . Each Unit consists of one common share in the capital of the Company and one transferable Common Share purchase warrant , with each Warrant entitling the holder thereof to acquire an [...]
Mexican Gold Corp. is) is pleased to announce that, subject to TSX Venture Exchange approval, it is undertaking a non-brokered private placement comprised of up to 50,000,000 units of the Company at an issue price of $0.08 per Unit for aggregate gross proceeds up to $4,000,000 . Each Unit will consist of one common share in the capital of the Company and one transferable Common Share purchase warrant , with each Warrant [...]
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