Damara Gold Corp. , announces it will complete a non-brokered private placement for gross proceeds of $150,000. The Offering will consist of 1,666,667 common shares of the Company issued on a flow-through basis at a price of $0.09 per FT Share for gross proceeds of $150,000 The Offering remains subject to the approval of the TSX Venture Exchange. The FT Proceeds will be used by the Company to incur eligible Canadian [...]
Damara Gold Corp. is pleased to announce the Phase II soil sampling at the Kodiak Zone has expanded the size of the anomaly to 400 meters in width and 1.2 kilometers in length, with individual soil samples grading up to 18,067 ppb gold and 52.1 g/t silver on its Placer Mountain Project south of Princeton, BC . Preliminary trenches excavated within part of the zone have intersected a swarm of parallel quartz-sulfide [...]
Damara Gold Corp. is pleased to announce it has discovered a new zone of mineralized quartz veins, completed mechanized trenching and commenced core drilling on its Placer Mountain Project south of Princeton, BC . Trenching Completed at the New Kodiak Zone Discovery The Company has now completed a mechanized trenching program consisting of the collection of 110 continuous chip samples from a combined total of 322 meters [...]
Damara Gold Corp. is pleased to announce it has completed a Phase II soil sampling program and commenced mechanized trenching on its Placer Mountain Project located south of Princeton, British Columbia. The Phase II exploration program consisted of the collection of 660 soil samples on a 25m x 25m grid and was directed at infilling and extending a large new gold-in-soil anomaly located 2.5 kilometers northeast of the Main [...]
Damara Gold Corp. is pleased to report positive results from its geochemical sampling program conducted on it's Placer Mountain Project located south of Princeton, British Columbia. Exploration crews collected a total of 76 stream sediment samples, 2,635 B-horizon soil samples on a 25m x 100m spaced grid over unexplored portions of the Property and 279 Soil Gas Hydrocarbon samples over and along strike of the Main Vein [...]
Damara Gold Corp. is pleased to announce the Company has entered into a joint venture agreement with Universal Copper Ltd. in respect of the Placer Mountain project located in British Columbia. As noted in the Damara press release dated April 30, 2021, Damara has completed its earn-in expenditures and exercised the option to acquire a 75% interest in Placer Mountain. Universal retains the remaining 25% interest. Larry [...]
Damara Gold Corp. announces it has effective today, granted an aggregate 2,300,000 stock options to its directors, officers, consultants and employees of the Company. The Options are exercisable for a period of five years at a price of $0.08 per common share in accordance with the terms of the Company's 10% rolling Stock Option Plan approved by shareholders on June 29, 2021. About Damara Damara Gold Corp. is a TSX Venture [...]
Damara Gold Corp. announces it has completed the previously announced financing today wherein the Company has issued 3,938,111 units of the Company on a flow-through basis at a price of $0.09 per FT Unit for gross proceeds of $354,430 and issued 3,500,000 units of the Company on a non-flow-through basis at a price of $0.08 for gross proceeds of $280,000 collectively the "Offering". Each FT Unit consists of one common [...]
Damara Gold Corp. , announces it has completed the previously announced financing today wherein the Company has issued 3,938,111 units of the Company on a flow-through basis at a price of $0.09 per FT Unit for gross proceeds of $354,430 and issued 3,500,000 units of the Company on a non-flow-through basis at a price of $0.08 for gross proceeds of $280,000 collectively the "Offering". Each FT Unit consists of one common [...]
Damara Gold Corp. announces it has increased the previously announced financing wherein the Company has increased the Offering to include up to 5,555,555 units of the Company issued on a flow-through basis at a price of $0.09 per FT Unit for gross proceeds of up to $500,000 and up to 6,250,000 units issued on a non-flow-through basis at a price of $0.08 for gross proceeds of up to $500,000 . Each FT Unit will consist of [...]
Damara Gold Corp. announces it has completed the previously announced financing effective May 31, 2021 wherein the Company has issued 6,111,111 units of the Company on a flow-through basis at a price of $0.09 per FT Unit for gross proceeds of up to $550,000 and issued 2,857,143 units of the Company on a non-flow-through basis at a price of $0.07 for gross proceeds of up to $200,000 collectively the "Offering". Each FT [...]
Damara Gold Corp. it will conduct a non-brokered private placement for gross proceeds of up to $600,000. The Offering will consist of a combination of up to 3,333,333 units of the Company issued on a flow-through basis at a price of $0.09 per FT Unit for gross proceeds of up to $300,000 and , up to 3,750,000 units of the Company issued on a non-flow-through basis at a price of $0.08 for gross proceeds of up to $300,000 [...]
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