Crown Gold is pleased to announce that Gold Summit Corporation, U.S.A., a wholly owned-subsidiary of the Company, has completed the sale of the Monte Cristo property located in Esmeralda County, Nevada, U.S.A. to a subsidiary of Hecla Mining Company for an aggregate purchase price of US$4,500,000. Crown could also receive an additional US$1,000,000 if a certain post-closing condition is met. Crown will distribute [...]
TORONTO, ONTARIO -- (Marketwire) -- 07/26/12 -- Crown Gold Corporation ("Crown" or the "Company") (TSX VENTURE: CWM) announces that its shareholders have approved all resolutions put before them by management at the annual general meeting held today, July 26, 2012. The approved resolutions included the election of the three director nominees, the re-appointment of the auditor, the ratification of the Corporation's stock [...]
TORONTO, ONTARIO -- (Marketwire) -- 05/29/12 -- Crown Gold Corporation ("Crown" or the "Company") (TSX VENTURE: CWM) announces that it has signed an agreement with a subsidiary of Hecla Mining Company for the sale by Crown of certain unpatented mining claims and the transfer and/or assignment of certain mining leases and other assets comprising Crown's Monte Cristo property in Esmeralda County, Nevada, U.S.A [...]
TORONTO, ONTARIO -- (Marketwire) -- 02/15/12 -- Crown Gold Corporation ('Crown' or the 'Company') (TSX VENTURE: CWM) announces the completion of a previously announced non-brokered private placement for aggregate gross proceeds of $100,000 comprised of 2,000,000 units at a price of $0.05 per unit (each such unit being comprised of one common share and one warrant) (the 'Offering'). Each whole warrant will entitle the
TORONTO, ONTARIO -- (Marketwire) -- 02/13/12 -- Crown Gold Corporation ('Crown' or the 'Company') (TSX VENTURE: CWM) announces a proposed non-brokered private placement for aggregate gross proceeds of up to $200,000 comprised of up to 4,000,000 units at a price of $0.05 per unit (each such unit being comprised of one common share and one warrant) (the 'Offering'). Each whole warrant will entitle the holder to purchase
TORONTO, ONTARIO -- (Marketwire) -- 10/26/11 -- Crown Gold Corporation ('Crown' or the 'Company') (TSX VENTURE: CWM) reports that its letter of intent with Argentium Resources Inc. ('Argentium') dated September 16, 2011 has lapsed. (See Crown's news release dated September 19, 2011).
TORONTO, ONTARIO -- (Marketwire) -- 09/19/11 -- Crown Gold Corporation ('Crown' or the 'Company') (TSX VENTURE: CWM) wishes to announce that it has revised its letter of intent ('LOI') with Argentium Resources Inc. ('Argentium'), an arm's length Canadian company recently listed on the Canadian National Stock Exchange. Crown has agreed to grant an option for 80% of Crown's Monte Cristo property in Nevada to Argentium for
TORONTO, CANADA -- (Marketwire) -- 06/07/11 -- Crown Gold Corporation ('Crown') (TSX VENTURE: CWM) is pleased to announce that assay results from new sampling have confirmed silver values as high as 14.4 ounces per ton (496 grams/tonne) with 0.07 opt (2.4 g/t) gold over 0.6 meter in channel chip sampling on its Black Warrior property in Esmeralda County, Nevada. The work was undertaken to confirm the previous reports of
TORONTO, ONTARIO -- (Marketwire) -- 05/06/11 -- Crown Gold Corporation ('Crown' or the 'Company') (TSX VENTURE: CWM) wishes to retract the disclosure in the May 05, 2011 news release of 'an additional 41,000 ounces of gold ...grading between 1 g/t and 2 g/t...' and 'management believes that up to an additional 250,000 ounces of gold may also be available...'. These quantities have not been characterized as current
TORONTO, ONTARIO -- (Marketwire) -- 05/05/11 -- Crown Gold Corporation ('Crown' or the 'Company') (TSX VENTURE: CWM) has received a Conceptual Decline & Development Report from Golder Associates ('Golder') for underground mining of the McLean 'Main Lode' resource on Crown's Monte Cristo property in Esmeralda County, Nevada. The study provides a preliminary underground design to mine the existing National Instrument
TORONTO, ONTARIO -- (Marketwire) -- 03/28/11 -- Crown Gold Corporation ('Crown' or the 'Company') (TSX VENTURE: CWM) is pleased to announce that it has signed a letter of intent with an arm's length private Canadian company, Argentium Resources Inc. ('Argentium'), to sell Crown's Monte Cristo, Sugarloaf and Blue Sphinx properties in Nevada to Argentium for $16,000,000 in cash and securities. The three properties are
TORONTO, ONTARIO -- (Marketwire) -- 03/04/11 -- Crown Gold Corporation ('Crown' or the 'Company') (TSX VENTURE: CWM) is pleased to announce preliminary assay results from its 1300 m winter drilling programme at its McKenzie Island property in the Red Lake district of north-west Ontario.
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