NevGold Corp. is pleased to announce a first tranche closing of the upsized non-brokered private placement financing of 4,687,500 common shares of the Company at a price of C$0.32 per Common Share for gross proceeds of C$1.5M . The Company also announces that as a result of strong demand, it is further upsizing the Offering to a maximum of 6,250,000 Common Shares to raise gross proceeds of up to C$2.0M. NevGold CEO [...]
NevGold Corp. is pleased to announce a non-brokered private placement financing of up to 3,125,000 common shares of the Company at a price of C$0.32 per Common Share to raise gross proceeds of up to C$1M . NevGold CEO, Brandon Bonifacio, comments: "The no warrant, C$1M financing is very well supported by key insiders, existing and new strategic shareholders. The financing proceeds will focus on some high-potential [...]
NevGold Corp. is pleased to announce further oxide, gold drill results for drillhole NMD0004 which intercepted mineralization from surface at the Nutmeg Mountain project in Washington County, Idaho. The Project has a 2023 Mineral Resource Estimate of 1,007,000 Indicated ounces of gold , and 275,000 Inferred ounces of gold . Key Highlights Gold Intercepted From Surface That Suggests The Project Will Be Amenable To Heap [...]
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 September 21, 2023 . NevGold has settled debt in the amount of C$169,580 previously owed to two arm's-length creditors by issuing an aggregate of 403,761 common shares in the capital of the Company at a price of $0.42 per Common Share, reflecting a plus 40% premium [...]
NevGold Corp. is pleased to announce that it has entered into two debt settlement agreements dated September 21, 2023 to settle outstanding debt in the amount of C$169,580 owing to two arm's-length creditors, by issuing an aggregate of 403,761 common shares in the capital of the Company at a price of $0.42 per Common Share , reflecting a plus 50% premium to the current NevGold share price, to the creditors. The NevGold [...]
NevGold Corp. announces that as a result of a review by the British Columbia Securities Commission, the Company is issuing the following news release to clarify certain disclosure. In a video formerly posted on the Company's website , in a former version of the Company's corporate presentation posted on its website , and in a press release dated August 17, 2023 , the Company made reference to certain targets for future [...]
NevGold Corp. is pleased to announce the Company's initial Mineral Resource Estimate for the Nutmeg Mountain gold project in southwest Idaho. The Company completed a short video to explain the MRE results which can be seen here. Key Highlights High-Grade, Open-Pit, Oxide, Heap-Leach Gold Mineral Resource in the Western USA: 1.01Mozs of Indicated Resources at 0.61 g/t Au and 275kozs of Inferred Resources at 0.48 g/t Au [...]
NevGold Corp. is pleased to announce that it has closed an Option Agreement that was previously announced on May 31, 2023. This Option Agreement is part of a larger transaction that contemplated, firstly, the establishment of a new British Columbia subsidiary, 1416753 B.C. Ltd. to focus on its high-grade Ptarmigan silver-copper-lead-zinc project in southeastern BC and, secondly, enter into the Option Agreement. The Option [...]
NevGold Corp. announces the issuance of 4,109,589 NevGold common shares to GoldMining Inc. pursuant to the Nutmeg Mountain Option Agreement dated June 14, 2022 . NevGold has the right to acquire 100% of the Nutmeg Mountain Gold Project in Idaho . The total Share Issuance Payment of 4,109,589 shares equates to $1.5 million issued at $0.365 per share representing the 30-day VWAP share price as of market close on June 21 [...]
NevGold Corp. is pleased to announce the completion of an updated geological model and 2023 drill targeting at its Limousine Butte Project, Nevada located on the southern part of the Carlin Trend. The Company is also well-advanced in completing an updated NI 43-101 Technical Report for the Project, with targeted completion in July. Key Highlights Updated Geological Model Identifies Significant Mineralization Potential and [...]
NevGold Corp. is pleased to announce further oxide, gold results intercepted from surface at the Nutmeg Mountain gold project in Idaho. The Project hosts a 2020 historical mineral resource estimate of 910,000 Indicated ounces of gold , and 160,000 Inferred ounces of gold . A Nevgold Qualified Person has not done sufficient work to classify this historical resource estimate as current mineral resources, and NevGold is not [...]
NevGold Corp. is pleased to announce that it has established a new British Columbia subsidiary, 1416753 B.C. Ltd. to focus on its high-grade Ptarmigan silver-copper-lead-zinc project in southeastern BC. SubCo has also entered into an option agreement dated May 26, 2023 to acquire a portfolio of advanced exploration assets including two copper-gold-silver projects and three lithium projects in British Columbia from [...]