Nevada Sunrise is pleased to announce the closing of its previously-announced private placement consisting of 6,000,000 units at a price of $0.10 per Unit, each Unit consisting of one common share of the Company and one-half of one common share purchase warrant for gross proceeds of $600,000. Each whole warrant will entitle the holder to purchase one common share at a price of $0.16 for a period of two years from closing [...]
Nevada Sunrise Gold Corp. is pleased to announce that a geochemical sampling program is underway at the Coronado VMS property, located in the Tobin and Sonoma Range of Pershing County, approximately 48 kilometers southeast of Winnemucca. Coronado is located on a geological trend that includes the past-producing Big Mike open pit mine, where high-grade copper was discovered in the 1960s resulting in copper production into [...]
Nevada Sunrise Gold Corp. announces that following its news release of July 22, 2020, it has received approval of the TSX Venture Exchange for the shares-for-debt transaction to settle an aggregate of $66,149.38 in indebtedness to the Company's directors and current and former officers, through the issuance of 529,195 common shares of the Company, at a deemed price of $0.125 per Settlement Share . Accordingly, the Company [...]
Nevada Sunrise Gold Corp. is pleased to announce that it has been informed by its joint venture partner, New Placer Dome Gold Corp., that a drilling program of up to 20,000 metres has begun at the Kinsley Mountain Gold Project, located near Wendover, NV. The Company holds a 20.01% interest in Kinsley Mountain, with New Placer Dome, as operator, holding a 79.9% interest. Kinsley Mountain is a Carlin-style gold project [...]
Nevada Sunrise Gold Corp. announces that it has agreed to settle an aggregate of $66,149.38 in outstanding payables and debt owing to directors and current and former officers of the Company through the issuance of 529,195 common shares at a deemed price of $0.125 per share. Because the shares will be issued to directors and officers of the Company, the Debt Settlement will constitute a "related party transaction" within [...]
Nevada Sunrise Gold is pleased to announce the closing of its previously-announced private placement consisting of 7,000,000 units at a price of $0.03 per Unit, each Unit consisting of one common share of the Company and one common share purchase warrant for gross proceeds of $210,000. Each Warrant will entitle the holder to purchase one common share at a price of $0.05 for a period of two years from closing of the [...]
Nevada Sunrise Gold announced today a private placement of up to $210,000, consisting of 7,000,000 units at a price of $0.03 per Unit, each Unit consisting of one common share of the Company and one common share purchase warrant. Each Warrant will entitle the holder to purchase one common share at a price of $0.05 for a period expiring two years following the closing date of the Offering. Finder's fees may be payable to [...]
Nevada Sunrise Gold announced today the departure of Brent Petterson as Chief Financial Officer. Mr. Michael Sweatman, CPA, CA, a director of Nevada Sunrise since 2012 and currently serving as Chairman of the Company, will act as Interim CFO until a replacement is nominated and appointed. The Company thanks Mr. Petterson for his dedicated service to Nevada Sunrise over the past six years and wishes him the very best in [...]
Nevada Sunrise Gold plans to make an application to the TSX Venture Exchange to amend the term of an aggregate of 2,450,000 outstanding share purchase warrants, which were issued in connection with a non-brokered private placement. The Company is seeking to extend the term of the Warrants for an additional year, which would extend the expiry date to June 16, 2021. The exercise price of the Warrants will remain unchanged [...]
Nevada Sunrise Gold is pleased to announce that drilling has commenced at the Kinsley Mountain Gold Project, located near Wendover in eastern Nevada. Kinsley Mountain is a joint venture between Liberty Gold Inc. and the Company, with Liberty Gold holding a 79.1 percent interest, and Nevada Sunrise, through a wholly-owned U.S. subsidiary, holding a 20.9 percent interest. 2019 Drilling at Kinsley Mountain Nevada Sunrise and [...]
Nevada Sunrise Gold is pleased to announce that the State Engineer of the Nevada Division of Water Resources has issued an order formally dismissing the forfeiture proceedings against the Company's water right in the Clayton Valley Basin. The dismissal follows a negotiated settlement agreement with Albemarle Corporation of Charlotte, NC wherein Albemarle withdrew its motion to forfeit the Company's Permit 44411 in [...]
Nevada Sunrise Gold is pleased to announce that it has increased its interest in the Gemini Lithium Project by acquiring the 50% interest in the Project previously owned by KORE Mining Ltd. Nevada Sunrise acquired Gemini in 2015 by claim staking in the Lida Valley, Esmeralda County, Nevada, and later optioned a 50% interest to KORE's predecessor company Eureka Resources in January 2016. On September 21, 2016, the Company [...]