Volcanic Gold Mines Inc. announces that in order to preserve the Company's current cash position, management proposes to issue up to 4,000,000 common shares at a deemed price of $0.05 per share to settle up to $200,000 owing to creditors. The completion of the debt settlement is subject to stock exchange approval. About Volcanic Volcanic brings together an experienced and successful mining, exploration and capital markets [...]
Volcanic Gold Mines Inc. announces that its Guinean operating subsidiary, Guiord SA , has not been successful in securing renewed title to its Mandiana Project exploration permits in the Republic of Guinea. Further to its news release of February 5, 2018, Volcanic has made considerable efforts to renew said title, a process that has been significantly hampered by irregularities and intransigence on the part of the former [...]
Volcanic Gold Mines Inc. is pleased to announce that further to its news release of February 5, 2018, management control over the Company’s Guinean operating entity, Guiord SA, has been re-established. Mr. Jeremy Crozier, President and CEO of Volcanic, has been appointed as Administrateur Général of Guiord, replacing the previous Administrateur Général. This appointment has been ratified [...]
Volcanic Gold Mines hereby provides clarification with respect to the disclosure of Mineral Resources in its March 5 News Release, “Volcanic enters into option agreement to acquire gold properties in the Ivory Coast”. Specifically, it is noted the Inferred Mineral Resource is derived from an unpublished report entitled “Feasibility Study in Support of a Mining Exploitation Permit in Accordance with the [...]
Volcanic Gold Mines is pleased to report that it has entered into a binding Memorandum of Understanding to acquire up to 100% of JOFEMA Mineral Resources SARL. The assets of JOFEMA under option consist of near-adjacent exploration permits and exploration permit renewals known as La Debo and Soubré, which together cover an area in excess of 600 sq km, and fall on a major mineralizing shear zone within one of West [...]
Volcanic Gold Mines announces that due to intransigence on the part of the Administrateur Général of its Guinean operating subsidiary, Guiord SA , Volcanic is not presently able to gain access to its Mandiana project in Guinea and has therefore postponed drilling activities at the project. The work program, originally to commence during the month of January, was to include drilling of a linear zone of [...]
Volcanic Gold Mines announces that its Board of Directors has determined that it is in the best interests of the Company to extend the expiry date of certain previously issued private placement warrants. Accordingly, subject to TSX Venture Exchange acceptance, the expiry date of outstanding warrants to purchase a total of 3,250,834 common shares at $0.25 per share will be extended by six months to July 5, 2018. About [...]
Volcanic Gold Mines Inc. is pleased to report further results of close-spaced air core drilling at its Mandiana Project in Guinea. The drilling, immediately adjacent to Volcanic's existing Inferred Mineral Resource at Yagbelen , now shows the mineralized target area surrounding and along strike from the Resource to be over 3km in length, up to 500m in width and consisting of multiple parallel zones, as shown in red on [...]
Identifies surrounding anomalies VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sept. 18, 2017) - Volcanic Gold Mines Inc. ("Volcanic") (TSX VENTURE:VG) reports highlights of exploration drilling at lands optioned from West African Mining Associates SARL ("WAMA") in Guinea. To date, a total of almost 1,300m of reverse-circulation ("RC"), and over 4,000m of air-core drilling, have been completed at the WAMA property [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Sep 5, 2017) - Volcanic Gold Mines Inc. ("Volcanic",) (TSX VENTURE:VG) is pleased to announce that Jeremy Crozier has been appointed as CEO of the company, succeeding Mike Iverson, who stepped down from his position as CEO effective August 29. Mr. Iverson is warmly thanked for his service to Volcanic, and remains a Director of the company's Board. Simon Ridgway has joined [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - July 26, 2017) - Editors Note: There are nine figures associated with this press release. Volcanic Gold Mines Inc. ("Volcanic") (TSX VENTURE:VG) is pleased to report details of its mapping and prospecting program at its Mandiana Project in Guinea. Recent field activities have focused on a linear zone of artisanal workings 6.3km in length and up to 550m in width at Tadibakourou [...]
Volcanic Gold Mines is pleased to report initial results of its exploration drilling campaign at its Mandiana Projects in Guinea. To date, a total of almost 3,000m of reverse-circulation ("RC") and diamond drilling, and over 15,000m of air-core drilling, have been completed at Mandiana and at lands recently optioned from West African Mining Associates SARL ("WAMA"). The program to date results in the expansion of the [...]
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