K9 Gold Corp. is pleased to report that soil sampling, trenching and mapping programs have commenced on its Stony Lake project in central Newfoundland. The soil sampling survey will be carried out by Ground Truth Exploration of Dawson City, YK. The trenching will be carried out by a local contractor from Grand Falls - Windsor. The soil sampling survey will cover six grids and total approximately 4000 samples. The [...]
K9 Gold Corp. has joined and is one of the founding member companies of the Newfoundland.Gold strategic alliance group. Newfoundland.Gold is a strategic marketing alliance of Newfoundland-focused precious metals companies collectively committed to bringing awareness to an exciting emerging gold district. The alliance, known as Newfoundland.Gold, is focused on creating innovative capital attraction initiatives to promote [...]
K9 Gold Corp. is pleased to report that the Stony Lake Induced Polarization survey has been completed on the Jumper's Pond and Moonlight targets for a total of 51.5 line kilometres. The survey was carried out by Simcoe Geoscience, using their Alpha IPTM Wireless Time Domain Induced Polarization system. Preliminary interpretation of the IP data has confirmed several previously identified airborne geophysical anomalies that [...]
K9 Gold Corp. is pleased to announce it has closed a non-brokered private placement offering of 7,499,934 units for aggregate gross proceeds of $2,249,980 in units of the Company at a price of $0.30 per Unit. Mr. Eric Sprott subscribed for $2,000,000 of the Private Placement. Each Unit was comprised of one common share of the Company and one Common Share purchase warrant of the Company . Each Warrant shall entitle the [...]
K9 Gold Corp. , is pleased to announce a non-brokered private placement offering for aggregate gross proceeds of up to $2,250,000 in units of the Company at a price of $0.30 per Unit. Mr. Eric Sprott has indicated his intention to subscribe for $2,000,000 into the Private Placement. Each Unit shall be comprised of one common share of the Company and one Common Share purchase warrant of the Company . Each Warrant shall [...]
K9 Gold Corp. is pleased to report that approval has been received from the Newfoundland and Labrador Mineral Lands Division for a 20-hole, 5000 metre drill program on its Stony Lake project in central Newfoundland. Drilling is planned to commence in early June. K9 is now preparing to mobilize its geological crew the first week of May to Grand Falls - Windsor to commence the summer program which is planned to include [...]
K9 Gold Corp. is pleased to report that the IP survey on its Stony Lake project in central Newfoundland is approximately 50% complete. Surveying, with Simcoe's Alpha IPTM Wireless Time Domain Induced Polarization system, has been completed on the first of two planned grids. The Company is also pleased to report that it has received approval from the Newfoundland and Labrador Mineral Lands Division for three additional [...]
K9 Gold Corp. is pleased to report that the crew from Simcoe Geoscience has commenced surveying work on its Stony Lake project in central Newfoundland. The survey comprises approximately 60 km of Wireless Time Domain Induced Polarization using Simcoe's Alpha IPTM system. The use of wireless technology substantially reduces the footprint of the survey as line cutting is not required. The survey is expected to be completed [...]
K9 Gold Corp. remains well-financed for its 2021 drilling and exploration season, while at the same time, it continues to identify additional promising exploration targets on its Stony Lake project located in the newly emerging Central Newfoundland "Gold Belt." The all-in sustaining cost of mining, even a single ounce of gold, is steep; however, exploration costs for companies with the aim of discovering and mining gold [...]
K9 Gold Corp. is pleased to report that the Company has received results from a 3D Magnetic Inversion study carried out on its Stony Lake project, central Newfoundland. When integrated with the interpretation of the recent VTEM survey , the inversions have provided a more detailed model of the distribution of potential exploration targets within the project area. Combined with previous ground work , these inversions [...]
K9 Gold Corp. is pleased to report that the Company has received results from an orientation till sampling survey carried out on its Stony Lake project, central Newfoundland. The objective of the survey was to determine whether or not this type of survey will identify targets for further exploration work. Several areas of interest were identified which correlate well with previous exploration work, including zones defined [...]
K9 Gold Corp. is pleased to announce it has closed the second tranche of its non-brokered private placement first announced on January 22, 2021 and increased in size on February 1, 2021. In addition, the Company has closed on a separate private placement that had not been previously announced for gross proceeds of $500,000. On February 5, 2021 it was announced that the first tranche of the Private Placement, comprised of [...]