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 [...]
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 [...]