First Mining Gold Corp. announces that on March 28, 2024, it acquired control and direction over an additional 10,000,000 common shares of Big Ridge Gold Corp. and then immediately disposed of all 36,500,000 Common Shares then beneficially owned or controlled by First Mining by way of private transactions. On March 28, 2024, First Mining acquired control and direction over an additional 10,000,000 Common Shares upon Big [...]
Big Ridge Gold Corp. is pleased to announce that it has completed its exercise of its second earn-in right at the Hope Brook Gold Project , thereby increasing its ownership percentage in the project from 51% to 80%. The Company issued 10,000,000 common shares to First Mining Gold Corp. in order to acquire the additional 29% interest in the project. First Mining will retain a free carry on its 20% ownership interest in the [...]
Big Ridge Gold Corp. is pleased to announce that it has entered into an agreement to amend the terms of its second earn-in right at the Hope Brook Gold Project under the Company's earn-in agreement with, among others, First Mining Gold Corp. . The Amending Agreement dispenses with the requirement for the Company to incur an additional $10,000,000 in expenditures on the Hope Brook Gold Project in exchange for the early [...]
Big Ridge Gold Corp. is pleased to announce the voting results of its Annual Meeting of Shareholders held on December 19, 2023, in Toronto, Ontario. The Company's shareholders voted strongly in favour of all matters brought before the Meeting. All the director nominees set out in the management information circular dated November 9, 2023, were elected as directors, to serve until the next meeting of shareholders of the [...]
Big Ridge Gold Corp. announced today a clarification with respect to the expiry date of 3,100,000 replacement stock options issued in connection with the Company's acquisition of the outstanding securities of Gold Island Inc. and announced previously by way of a press release dated August 17, 2023. On August 11, 2023 the Company completed its acquisition of Gold Island and, as part of the purchase consideration for this [...]
Big Ridge Gold Corp. announces it has granted incentive stock options pursuant to the Company's Long- and Short-Term Incentive Plans to the Company's officers to purchase an aggregate of 2,475,636 common shares of the Company at an exercise price of $0.15 in accordance with the terms of the Company's stock option plan. The Options are exercisable for a five-year term expiring August 16, 2028. In addition, the Company [...]
Big Ridge Gold Corp. and Gold Island Inc., a private company are pleased to announce the closing of Big Ridge's acquisition of Gold Island, previously announced July 17, 2023, pursuant to which Big Ridge acquired all of the issued and outstanding common shares of Gold Island. The transaction was effected by way of a three-cornered amalgamation under the Business Corporations Act whereby Gold Island amalgamated with a [...]
Big Ridge Gold Corp. and Gold Island Inc., a private company are pleased to announce that they have entered into a business combination agreement, July 17th, 2023, pursuant to which Big Ridge will acquire 100% of the issued and outstanding common shares of Gold Island . Under the Transaction, Gold Island shareholders will receive 0.8 of one Big Ridge common share for each Gold Island common share held . The Transaction [...]
Big Ridge Gold Corp. announces that it has received conditional acceptance from the TSX Venture Exchange to extend the expiry date of 22,175,533 outstanding, unlisted common share purchase warrants originally issued on June 30, 2021. For further information concerning the original issuance of the Warrants, please refer to the press release of the Company dated June 30, 2021. Each Warrant currently entitles the holder to [...]
Big Ridge Gold Corp. is pleased to announce that further to its news release dated February 21, 2023, it has filed an independent National Instrument 43-101 technical report for the Hope Brook gold deposit located in southwestern Newfoundland and Labrador, 75 km east of the community of Port aux Basques. The Technical Report, authored by Allan Armitage, Ph.D., P.Geo., and Ben Eggers, P.Geo., of SGS Geological Services [...]
Big Ridge Gold Corp. is pleased to announce results of a new Mineral Resource Estimate for the Hope Brook gold deposit located in southwestern Newfoundland and Labrador, 75 km east of the community of Port aux Basques. The resource estimate, completed by Allan Armitage, Ph.D., P.Geo., of SGS Geological Services, incorporates results from the Company's recently completed Phase I drill program in addition to 700 other drill [...]
Big Ridge Gold Corp. is pleased to announce additional diamond drill results from its Phase I exploration drill program at the past-producing Hope Brook Gold Project, located in southwestern Newfoundland and Labrador. Mike Bandrowski, President & CEO of Big Ridge, commented, "Drilling continues to intercept gold and copper mineralization outside the current resource envelope to the southwest and toward the 240 Zone. The [...]