Savary Gold is pleased to announce the drill results from a 3,700 metre, 63-hole, air core and reverse circulation drill program that was completed in February on the Karankasso JV Project in south western Burkina Faso, with JV partner Sarama Resources Savary is the operator of the project and owns approximately 70%. This first phase drill program is part of a planned, approximate 19,000 metre auger, air core, reverse [...]
Savary Gold plans to extend the expiry dates of 28,350,000 outstanding share purchase warrants that were issued pursuant to a private placement completed in March 2015. Each Warrant entitles the holder to purchase one common share in the capital of the Company at a price of $0.08 per share for a period of 36 months from the date of issuance which expires on March 20, 2018. Subject to TSX Venture Exchange final approval [...]
Savary Gold has closed the $2 Million private placement financing with Semafo previously announced on January 29, 2018. As a result of the transaction, SEMAFO owns 15.5% of of Savary's issued and outstanding shares on a non-diluted basis. A total of 33,333,333 common shares were sold to SEMAFO at a price of $0.06 per common share. The proceeds of the investment will be used to advance the Karankasso Project in Burkina [...]
Savary Gold announces that it has arranged a $2 Million investment into the Company by way of a non-brokered private placement with SEMAFO Inc. by issuing 33,333,333 common shares at a price of $0.06 per common share. Upon closing the placement, SEMAFO will own 15.5% of Savary's issued and outstanding shares on a non-diluted basis. The proceeds of the investment will be used to advance the Karankasso Project in Burkina [...]
Savary Gold Corp. has granted a total of 1,800,000 stock options to various officers, directors and consultants. The options may be exercised at a price of $0.055 per common share for a period of five years from the date of grant. The company grants stock options from time to time to the various members of the board and management with a view to linking the interest of the directors and management with those of [...]
(TheNewswire) Toronto, Canada / TheNewswire / November 1, 2017 - Savary Gold Corp. (TSX-V: SCA) ("Savary" or the "Company") is pleased to announce an updated and increased Inferred Mineral Resource Estimate for its Karankasso JV Project in Burkina Faso totalling 12.3 million tonnes (Mt) grading 2.03 g/t gold for 805,000 ounces. The majority of the estimated Inferred Mineral Resources is comprised of open pit constrained [...]
Executive Summary: -Results from last part of Phase 3 drill program (109-holes, 6,747 metres) including the discovery of three new gold zones -Summary of work done since the maiden mineral resource estimate in Q4/2015 -Next steps - Resource update targeted for end of Q3, 2017, new exploration plan Toronto, Canada - August 21, 2017 - Savary Gold Corp. (TSX-V: SCA) ("Savary" or the "Company") is pleased to announce the [...]
Savary Gold is pleased to announce the creation of an Advisory Committee and to welcome Ron Little to the Savary Team. Don Dudek, President and CEO states "It is with great pleasure that Savary welcomes Ron Little to Savary's Advisory Committee. Ron has unparalleled experience in West Africa. He is intimately familiar with several governing bodies, the people, and, over the years, has had the privilege of reviewing a [...]
Savary Gold shareholders approved all matters put forth at the annual and special meeting of shareholders of Savary held on June 28, 2017. Approval of Board of Directors Messrs. Don Dudek, Daniel Nocente, Thomas Olesinski, Craig Pearman, and Paolo Lostritto have all been re-elected as directors of the board. Approximately 46% of the Company's common shares were represented at the meeting. Detailed results of the vote are [...]
Savary Gold is pleased to announce the final set of drill results from its 9,496 metre, phase 2, 92-hole drill program that commenced at the end of January on the Karankasso JV Project in south western Burkina Faso. This news release presents results for 24 holes totalling 2,375 metres that were completed between Januar...
Savary Gold is pleased to announce the second set of drill results from a 9,500 metre, 92-hole drill program that commenced at the end of January on the Karankasso JV Project in south western Burkina Faso. This news release presents results for 41 holes totalling 4,489 metres that were completed from February 13 to March 16, 2017. Results for another 26 holes for the Kueredougou West and S-Nosa Zone areas are pending. The [...]
Savary Gold has granted a total of 2,000,000 stock options to various officers, directors and consultants. The options may be exercised at a price of $0.0.09 per common share for a period of five years from the date of grant. The grant of options remains subject to the approval of the TSX Venture Exchange.
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