Margaux Resources is pleased to provide an update of exploration activities on its Kootenay Arc zinc-gold-tungsten properties in southern British Columbia. Rock and silt sample results have been received from surface exploration work on the Jackpot and Jersey properties, as well as initial analytical results from Margaux's Phase I drill program at Jersey. "Our 2017 field program is in full swing and we anticipate a steady [...]
Margaux Resources is pleased to announce that Phase 1 of the Company's 2017 Kootenay Arc diamond drill program has been completed. Six holes on five sites have been drilled on the Jersey-Emerald property, totalling 1,121 metres of NQ2 drilling. Two of the six drill holes (JE1701 and JE1702) were drilled to follow up the King Alfred Gold Zone, where results from previous drilling have included the following (see news [...]
Margaux Resources is pleased to announce the signing of a drilling contract with Wade Critchlow Enterprises, a Salmo-based diamond drilling contractor. The drilling program is scheduled to be conducted in two phases, and is to include a minimum of 5,500 metres of diamond drilling on the Company's Jersey-Emerald, Jackpot, Bayonne, Sheep Creek and Ore Hill properties in southeastern British Columbia. "We are excited to be [...]
Margaux Resources is pleased to announce that further to its press releases dated February 9, 2017 and March 9, 2017 and subject to receiving final regulatory approvals, it has closed the second tranche of its non-brokered private placement by issuing: -3,814,998 units of the Company at a price of $0.30 per Unit for aggregate gross proceeds of $1,144,499; and -2,169,558 common shares ("Common Shares") of the Company [...]
Margaux Resources is pleased to announce that the TSX Venture Exchange has accepted the filing documentation and approved the issuance of common shares thereunder relating to the Company's following agreements with third parties (i) an option agreement for the acquisition of 100% of the Ore Hill property; and (ii) a purchase and sale agreement (the "Purchase Agreement") for the acquisition of 100% of the Aspenex property [...]
Margaux Resources is pleased to provide an update of activities on its Jackpot property, as well as the staking of additional adjacent claims. "We are encouraged with the progress being made on the ongoing compilation and modelling work being conducted on the Jackpot property and are excited about exploring our high-priority targets in our upcoming Spring 2017 drilling program," commented Company President and CEO, Tyler [...]
Margaux Resources is pleased to announce that it has closed the first tranche of its previously announced non-brokered private placement by issuing: 4,876,661 units of the Company at a price of $0.30 per Unit for aggregate gross proceeds of $1,462,998; and 1,237,998 common shares of the Company issued on a CEE flow-through basis pursuant to the Income Tax Act (Canada) at a price of $0.36 per Flow-Through Share for [...]
Margaux Resources is pleased to announce that it has entered into the following agreements with third parties: (i) an option agreement for the acquisition of 100% of the Ore Hill property; and (ii) a purchase and sale agreement for the acquisition of 100% of the Aspenex property, located in Salmo, British Columbia. "Margaux is excited to be consolidating the...
Margaux Resources is pleased to announce that the Company has filed the required applications for multi-year area-based permits for surface diamond drilling, trenching and road building activity on its Jersey-Emerald, Jackpot/Oxide, Sheep Creek and Bayonne properties, located in southeastern British Columbia. All four properties are historic mine sites, with significant previous disturbance. Where possible, drill holes [...]
Margaux Resources is pleased to announces the results from the fall 2016 drill program at the Jersey Emerald property, located near Salmo in southeastern British Columbia. Margaux completed 894 m of drilling in 6 holes in the 2016 program. Drilling was north of the Emerald lead-zinc mine, beyond the limits of any historic mining on the Property. The first three holes were drilled to test a gold exploration target, while [...]
Margaux Resources is pleased to announce that, subject to regulatory approvals, it intends to issue, pursuant to a non-brokered private placement, up to 5,000,000 units of the Company at a price of $0.30 per Unit and up to 9,722,222 common shares of the Company issued on a "CEE flow-through" basis pursuant to the Income Tax Act (Canada) at a price of $0.36 per Flow-Through Share for aggregate gross proceeds of up to [...]
Margaux Resources is pleased to announce that the TSX Venture Exchange has accepted the filing documentation and approved the issuance of common shares thereunder relating to the Company's option agreement with Yellowstone Resources. Pursuant to the Option Agreement, Margaux has the exclusive option to acquire 100% of the Sheep Creek and Bayonne gold properties in southeastern British Columbia. In addition, Margaux is [...]
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