Asante Gold Corp. announces a best efforts private placement to accredited and exempt investors , of up to 3,000,000 units at $0.05 per unit , for aggregate gross proceeds of up to $150,000. Proceeds from the private placement will be used to complete a trenching program on newly outlined IP targets on our Kubi Gold project and for general working capital purposes. Douglas MacQuarrie, President and CEO states, “At [...]
Asante Gold Corp. is pleased to announce that anomalous high induced polarization survey results have been noted vertically above a previous drill intersection that graded 3.0m of 4.5g/t gold. This new IP anomaly is located just 150m to the east of the Kubi Main gold resource* and has a significant strike and inferred dip potential. The intersection, in drill hole KV97-143 from the 1997 Nevsun Resources Ltd. Kubi Main [...]
Asante Gold Corp. announces that a new high induced polarization target has been discovered 350 to 500 metres to the east of our Kubi Main gold deposit, Obuasi-Dunkwa area, Ghana. The IP and co-incident high resistivity anomaly is interpreted as sulfide mineralization along the sheared contact of highly magnetic Tarkwaiian meta conglomerates, and strikes azimuth 020 degrees, a structural setting similar to that noted at [...]
Asante Gold Corp. announces that, in preparation for locating our initial SMD* pilot hole collars, field crews have now exposed the Kubi Main gold mineralization in the north face of the former mined Kubi pit, located on the Kubi Mining Lease, Dunkwa-Obuasi area, Ghana. Previous mine survey control pillars and exploration drill collars are also being located and recovered where possible and tied into the LIDAR topographic [...]
Juggernaut Exploration Ltd. announces that further to its news release of October 2, 2019, the Company’s intention to consolidate its common shares on a 10-old-for-1-new share basis has been accepted by the TSX Venture Exchange. Prior to implementing the Consolidation, the Company had 105,225,564 Shares issued and outstanding and immediately after implementing the Consolidation, the Company had 10,522,556 Shares [...]
Juggernaut Exploration Ltd. is pleased to report the newly identified Goldzilla Hinge Zone, the Hinge measures up to 20 meters wide and can be traced for 100m along strike, contains broad high grade gold mineralization and is drill ready. The hinge zone is part of the Goldzilla orogenic vein system that has been traced for 800 metres with a vertical relief of 300 metres and remains open to the South East. Channel cut [...]
Juggernaut Exploration announces its intention to consolidate its common shares on a 10-old-for-1-new share basis. The 105,225,564 Shares currently issued and outstanding will be reduced to approximately 10,522,556 post-Consolidation Shares. No fractional shares will be issued under the Consolidation. Each fractional share following the Consolidation that is less than one-half of a share will be cancelled and each [...]
Juggernaut Exploration Ltd. is pleased to announce the results from its 2019 diamond drilling program on its Midas and Empire properties. Midas 2019 Drill Program: Located 24 km southeast of Terrace, British Columbia. The 2019 drill program focused on testing several VHMS targets within the King Solomon trend that were generated from the compilation of the 2018 exploration program. This includes drill results, IP data [...]
Asante Gold Corp. announces that it has fully subscribed and closed the working capital private placement announced June 10, 2019, for aggregate gross proceeds of $250,000. A total of 5,000,000 units at $0.05 per unit were placed. Each unit consists of one common share of the Company, and one common share purchase warrant. Each warrant entitles the holder to purchase one additional common share at an exercise price of [...]
Asante Gold Corp. announces that it has granted 950,000 incentive stock options to directors, officers, consultants and employees at a price of $0.10 per share. A total of 750,000 options were granted for a 5 year term to replace previous incentive options that recently expired. The balance of 200,000 options granted have a 1 year term. The Company also notes that it is continuing to evaluate the new [...]
Juggernaut Exploration Ltd. is pleased to announce diamond drilling has commenced on its 100 % controlled Terrace area properties located in British Columbia. The program will primarily focus on testing VHMS targets on the flagship Midas property coupled with additional drilling for the Empire property. The VHMS drill targets on Midas have been generated from the compilation of the 2018 drill results, IP data [...]
Juggernaut Exploration Ltd. is pleased to announce mobilization for its 2019 diamond drilling program on its 100% controlled Terrace area properties located in British Columbia. The program will primarily focus on testing VHMS targets on the flagship Midas property with some additional drilling also planned for the Empire property. The VHMS drill targets on Midas have been generated from the compilation of the 2018: drill [...]