Lexam VG Gold Inc. is pleased to announce positive exploration results from 13 new holes at the Buffalo Ankerite Project, located in Timmins, Canada. Drill highlights include 4.24 g/t gold over 16.6 m including 18.42 gpt gold (Au) over 2.6 m. This hole was drilled 100 m above an earlier hole that intersected 9.31 gpt Au over 1.5 m. The results [...]
Lexam is pleased to announce positive exploration results from drilling at the Fuller property including 2.53 g/t gold over 122.7 m including 18.28 gpt gold over 7.9 m. Drilling has continued to encounter near surface mineralization in the quartz-feldspar porphyry and the surrounding volcanics. Three additional holes were completed following-up on [...]
Lexam announces that it has received and accepted the resignation of Mr. Thomas Meredith from the position of President and Chief Executive Officer of the Company. Mr. Meredith will continue as a director of the Company until the next annual meeting of shareholders. The board and management will oversee the day-to-day management of the Company [...]
Lexam is pleased to announce positive exploration results at the Fuller property including 4.23 grams per tonne gold over 30.6 metres. Recent drilling has indicated a near surface, gold mineralized porphyry target located adjacent to the established Fuller Deposit gold resource.
Lexam is pleased to announce encouraging exploration results from 14 new holes at the Buffalo Ankerite North Zone Project, located in Timmins. Drill highlights include hole VBA-11-185, with 12.69 g/t gold over 4.1 m. The holes contained in this release were focused on expanding the Buffalo Ankerite North Zone to depth and along strike. The results [...]
Lexam is pleased to announce encouraging exploration results from twenty-one new holes at the Buffalo Ankerite Project, located in Timmins, Ontario, Canada. Drill highlights include: 13.44 gpt gold over 2.2 metres, 8.82 gpt gold over 3.4 metres and 27.10 gpt gold over 1.2 metres. The holes contained in this release were focused on expanding Buffalo [...]
Lexam VG Gold is pleased to announce encouraging exploration results from four new holes at the Buffalo Ankerite Project, located in Timmins, Ontario, Canada. Drill highlights include: 17.63 gpt over 3.0 metres (m), 10.66 gpt over 4.6 m and 17.00 gpt over 1.5 m. The objective of Lexam VG Gold's on-going exploration at the Buffalo Ankerite North [...]
Lexam VG Gold is pleased to announce that Lexam VG has acquired an aggregate of 4,000,000 common shares in the capital of Uranium Valley Mines Ltd., or approximately 36% of Uranium's issued and outstanding common shares. Uranium was listed on the TSX-V following a restructuring by Golden Valley Mines Ltd. to spin-out its assets into three new [...]
Lexam VG Gold is pleased to provide an exploration update on its Buffalo Ankerite and Paymaster projects in Timmins. Drill highlights include: 23.85 grams per tonne over 2.4 m included within 29.6 m of 3.74 gpt and 20.16 gpt over 2.5 m included within 9.9 m of 6.96 gpt at the Buffalo Ankerite North Zone, plus 17.86 gpt over 7.3 m at the Buffalo [...]
Lexam VG Gold is pleased to announce the details of an initial resource estimate for the Paymaster West Project in Timmins, Ontario. The resource estimate was prepared by Consulting Mining Geologist Peter Bevan, P.Eng, in accordance with Canadian National Instrument 43-101 standards (NI 43-101) and focused on the projects near surface gold [...]
Lexam VG Gold is pleased to announce that the combined companies' shares have begun trading on the Toronto Stock Exchange (TSX) and the OTCQX under the tickers LEX and LEXVF respectively. The new Lexam VG Gold's transfer agent will now be Computershare Investor Services.
Lexam Explorations and VG Gold are pleased to announce that the Ontario Superior Court of Justice has approved the business combination between Lexam and VG Gold. The Court also approved the private placement by Rob McEwen, current Chairman and CEO of Lexam, for gross proceeds of $5 million. As previously announced, shareholders of Lexam and VG [...]