NevGold Corp. is pleased to announce that it has identified additional high-grade copper, gold, and silver mineralization at surface at the Zeus Copper Project in the emerging Hercules Copper District of southwestern Idaho. The additional positive sampling results highlight the significant copper porphyry potential at the Zeus Copper Project. As detailed in NevGold's News Releases dated April 18, 2024 and June 20, 2024 [...]
NevGold Corp. is pleased to announce that it has received approval of the Limousine Butte Exploration Plan of Operations Permit from the Bureau of Land Management. This is a significant permitting milestone for the Limousine Butte Project and expands the amount of disturbance allowed for exploration drilling and other activities to 200 acres, from the current 15 acres allowed under three Exploration Notices at the [...]
NevGold Corp. is pleased to announce the first tranche closing of the financing of unsecured convertible securities with Mercer Street Global Opportunity Fund II, LP, managed by C/M Global GP, LLC announced in the Company's news release on August 26, 2024, for gross proceeds to the Company of C$3.5 million. The Financing is structured in two tranches with the funded amounts being C$3.5 million for the first tranche and a [...]
NevGold Corp. is pleased to announce a financing of unsecured convertible securities with Mercer Street Global Opportunity Fund II, LP, managed by C/M Global GP, LLC . The Financing is structured in two tranches with the funded amounts being C$3.5 million for the first tranche and a potential of up to C$4.5 million in a second tranche pursuant to the terms of a convertible security funding agreement dated August 23, 2024 [...]
NevGold Corp. is pleased to announce that it has identified high-grade copper, gold, and silver mineralization at surface at the newly staked Zeus Copper Project in the emerging Hercules Copper District of southwestern Idaho. The positive sampling results highlight the significant copper porphyry potential at Zeus. As detailed in NevGold's News Release dated April 18, 2024 , there are many similar geological [...]
GoldMining Inc. is pleased to announce that it has recently commenced drilling at its 100% owned São Jorge Gold Project , a large-scale project located within the prolific Tapajos Gold District in Pará State, Brazil. Highlights: The drilling program at the Project consists of approximately 1,000 metres of proposed diamond core drilling and 3,000 m of power auger drilling. The Program has the following objectives [...]
NevGold Corp. is pleased to announce that it has identified significant copper porphyry potential after completing a geological review and 3-D model of the newly staked Zeus Copper Project in the emerging Hercules Copper Trend in southwestern Idaho. The Company's geological review included detailed assessments of historical records, compilations and reinterpretation of numerous published geological maps, creation of a 3-D [...]
NevGold Corp. is very pleased to announce that it was a first mover staking approximately 20 square kilometers contiguous tomineral claims held by Hercules Silver Corp. within the emerging Hercules Copper Trend of southwestern Idaho. The Zeus Copper Project is located approximately 20 kilometres southwest of the copper porphyry discovery made by Hercules . Subsequent to the Hercules copper porphyry discovery, Barrick Gold[...]
NevGold Corp. is pleased to announce the closing of a previously-announced shares for debt transaction, as described in the press release of the Company dated February 16, 2024 . NevGold has settled debt in the amount of C$135,000 previously owed to an arm's-length creditor by issuing an aggregate of 421,875 common shares in the capital of the Company at a price of $0.32 per Common Share to the creditor. The NevGold Board [...]
NevGold Corp. is pleased to announce closing of a second and final tranche of a non-brokered private placement financing of 2,656,250 common shares of the Company issued at a price of C$0.32 per Common Share for gross proceeds of C$850k . The Company increased the total size of the Private Placement to $2.35 million gross proceeds due to investor interest. A total of 7,343,750 Common Shares were issued under the first and [...]
NevGold Corp. announces the issuance of 10,000,000 NevGold common shares to GoldMining Inc. pursuant to the Nutmeg Mountain Option Agreement dated June 13, 2022 . The total Share Issuance Payment of 10,000,000 shares equates to $3.0 million issued at $0.30 per share representing the 30-day VWAP share price as of market close on December 18, 2023. NevGold has now exercised the option under the Nutmeg Mountain Option [...]
GoldMining is pleased to announce that, pursuant to its previously announced option agreement with NevGold Corp. dated June 14, 2022, it has received payment in the amount of $3 million, which pursuant to the terms of the Option Agreement, was satisfied by NevGold by issuing to the Company 10,000,000 common shares. As a result, the Company has completed the sale of the Nutmeg Mountain Project to a subsidiary of NevGold [...]
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