Ontario, March 26, 2018 -- MEXICAN GOLD CORP. is pleased to announce that it intends to complete a non-brokered private placement of up to $1,000,000 at a price of $0.30 per unit with a small group of investors. The Company may, in its sole discretion increase the size of the Private Placement by up to 25% for aggregate gross proceeds of up to $1,250,000 at the price of $0.30 per Unit at any time prior to the closing of [...]
THUNDER BAY, Ontario, March 01, 2018 -- Mexican Gold Corp. is pleased to announce that recent drilling at the El Dorado Dike Contact Zone confirms the continuity of the high - grade mineralization outlined in the 2017 Phase 2 resource expansion drilling program. Plan View of Hole LM - 17 - ED - 49 Collar and Trace. Hole LM - 18 - ED - 49 Hole LM - 18 - ED - 49 was designed to test the continuity of high – grade [...]
THUNDER BAY, Ontario, Feb. 26, 2018 -- Mexican Gold Corp. is pleased to announce that it will be exhibiting at the upcoming PDAC International Convention, Trade Show and Investor Exchange being held in Toronto at the Metro Toronto Convention Centre from March 4th to 7th, 2018. Diamond Drill Core DDH LM-17-ED-40 Mexican Gold’s management team invites current shareholders, potential investors, brokers, analysts and [...]
THUNDER BAY, Ontario, Feb. 07, 2018 -- Mexican Gold Corp. is pleased to announce that its 2018 Phase 1 drilling program is underway at its Las Minas property, Veracruz State, Mexico. Additionally, the company has initiated its field exploration program of mapping, trenching and sampling at high-potential targets. 3,000 Metre Resource Expansion and Exploration Drilling Program The 3,000 metre drilling program will focus on [...]
THUNDER BAY, Ontario, Jan. 30, 2018 -- Mexican Gold Corp. is pleased to announce the signing of a diamond drilling contract for commencement of its 2018 Phase 1 resource expansion drilling program at the Las Minas property, Veracruz State, Mexico. The company has contracted with K.D.L. Mexico S.A. de C.V. for 3,000 metres of drilling, scheduled to commence in early February. The drilling program will focus on expansion of [...]
THUNDER BAY, Ontario, Jan. 22, 2018 -- Mexican Gold Corp. is pleased to announce additional positive drill results for drilling recently completed to extend the high - grade dike contact mineralized zones at its Las Minas property. All holes returned significant mineralization, including 7.86 g/t Au Eq over 18.0 metres in hole LM – 17 – ED – 44. Plan View of Diamond Drill Hole Collars and Traces The [...]
THUNDER BAY, Ontario, Jan. 15, 2018 -- Mexican Gold Corp. is pleased to announce that it will be exhibiting at the upcoming AME BC Mineral Exploration Roundup 2018 Conference being held in Vancouver at the Vancouver Convention Centre West from January 22nd to 25th. Diamond Drill Core DDH LM- 17-ED -40 Mexican Gold’s management team invites current shareholders, potential investors, brokers, analysts and interested [...]
THUNDER BAY, Ontario, Jan. 12, 2018 -- Mexican Gold Corp. is pleased to announce its 2018 Phase 1 Exploration Program at the Las Minas property, Veracruz State, Mexico. The program will focus on resource expansion drilling to increase the initial 43-101 mineral resource estimate as well as exploration drilling to expand known mineralized zones. Additionally, field work will be carried out to identify new mineralized [...]
THUNDER BAY, Ontario, Jan. 10, 2018 -- Mexican Gold Corp. is pleased to report on key milestones achieved in 2017 and strategic growth plans for 2018. 2017 in Review 2017 was a year of outstanding achievements for your company with major milestones reached at our flagship Las Minas property and the corporate level. The company carried out two highly successful exploration programs, completed an initial 43-101 mineral [...]
THUNDER BAY, Ontario, Dec. 12, 2017 -- Mexican Gold Corp. has intersected significant mineralization in four recently completed holes to test the dike contact mineralized zones at the Las Minas property. All holes returned wide intervals of high-grade mineralization, including 7.18 grams/ tonne gold equivalent over 14.0 metres in hole LM-17-ED-41. Figure 1 Dike Contact Zones Drill Hole Locations Cinco Senores Drill Hole [...]
THUNDER BAY, Ontario, Nov. 23, 2017 -- Mexican Gold Corp. is pleased to announce that drilling to expand the high-grade dike contact mineralization outlined in hole LM-17-ED-40 has successfully intersected long intervals of chalcopyrite-magnetite mineralization in five additional recently completed holes. All of the holes intersected mineralization, with core intervals varying from 21 metres to 42 metres in length. The [...]
Mexican Gold announces that it has granted 200,000 incentive stock options to a director of the Company pursuant to Mexican Gold’s Stock Option Plan. The options are exercisable at a price of $0.36 for a period of ten years. The options vest as to one-third after twelve, eighteen and twenty-four months respectively from the effective date of the grant. The grant of options is subject to acceptance for filing by the [...]
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