AuMEGA Metals Ltd. is pleased to announce that it has entered into an agreement pursuant to which Clarus Securities Inc. has agreed to act as lead agent and sole bookrunner, for and on behalf of a syndicate of agents , in connection with a best efforts private placement pursuant to which the Company intends to issue a combination of up to: 42,553,191 flow-through shares at a price of C$0.0470 per FT Share, 55,147,059 [...]
Key Highlights Established gold mineral resource provides a strong technical and valuation foundation for growth, completed in 20231 using a gold price assumption of US$1,750/oz. Indicated: 6.2 Mt at 2.25 g/t gold for 450,000 oz Inferred: 3.4 Mt at 1.44 g/t gold for 160,000 oz Assessing the potential for a mineral resource update incorporating improvements such as higher gold prices, additional drilling, re-logging of [...]
Key Highlights Strong multi-element geochemical coherence: Gold-in-till anomalies are spatially coincident with elevated copper , molybdenum and bismuth defining a large, zoned geochemical footprint consistent with a fertile gold and/or copper system. Intrusive-centred metal zonation identified: Elevated Cu-Mo-Bi responses are concentrated within the large Isle aux Morts Granite located within the Cape Ray West area [...]
Key Highlights New multi-kilometre gold trend defined along the Branch Fault Corridor, a major structural setting with minimal historical drilling and a previous intercept of gold nearby. Broader Nitty Gritty area emerging as a polymetallic opportunity, with elevated copper, lead, zinc and silver responses supported by historical high-grade surface samples. Re-logging at Nitty Gritty identifies previously unrecognised [...]
AuMEGA Metals Ltd. announces that effective 15 December 2025, its registry and transfer agent will change as follows: Australian Stock Exchange From: Automic Registry Services To: Computershare Investor Services Pty Limited Level 17, 221 St. Georges Terrace Perth, Western Australia, 6000 Phone: 1300 850 505 Outside of Australia: +61 3 9415 4000 Website: www.investorcentre.com/contact TSX Venture Exchange From: Odyssey [...]
AuMEGA Metals Ltd. is pleased to announce that it has mobilised a second diamond drill rig to expand the diamond drilling program on the Major Electromagnetic anomaly at the Cape Ray Gold Project in Newfoundland and Labrador, Canada . The current diamond drill program is progressing well and is currently focused on a large, newly defined airborne electromagnetic conductor located in the immediate hangingwall of the [...]
AuMEGA Metals Ltd. is pleased to announce the commencement of a highly anticipated diamond drilling program at its Cape Ray Project in Newfoundland and Labrador, Canada - a major step in unlocking the next phase of discovery across its district-scale land package . AuMEGA's systematic exploration strategy continues to generate compelling targets across the Cape Ray Shear Zone . This program will focus on a large, newly [...]
AuMega Metals advises that it has established a Technical Committee of the Board of Directors to enhance strategic oversight of the Company's exploration programs across its district-scale land position. The Technical Committee will comprise at least three Directors with deep geological and mining expertise and will work closely with management and the Company's technical team. The Committee will also serve as a liaison [...]
High-grade gold-in-till anomalies: Multiple >99th percentile gold values define three large, coherent anomalies extending up to approximately three km in strike with peak value of 402 ppb gold-in-till. Untested intrusive contact: Anomalies are spatially associated with a network of cross-cutting structures within the Isle aux Morts Granite - a large, underexplored felsic intrusive that has never been drill tested [...]
Major, Untested Anomaly Identified: New anomaly located 500 m southeast of the Central Zone deposits; never drill tested despite a historical sample of 111.5 g/t gold collected nearby1. Central Zone "lights-up": Largest gold deposit at the Cape Ray Project exhibits extremely strong conductivity values that match gold-bearing host rocks. Pipeline of Opportunities Expands: Other conductive anomalies point to possible new [...]
Central Zone Mineralisation Extended: Diamond drilling at the Cape Ray Project intersected 1.85 g/t over 13.5 metres including 4.79 g/t over 0.85 metres from 340.5 metres, extending mineralisation down plunge of Z04 at Central Zone, with the deposit remaining open in multiple directions. Completed Comprehensive Mapping and Till Geochemical Sampling at Cape Ray West: Completed the Company's largest surface program in the [...]
Phase One Drilling Completed at Cape Ray: Completed a 2,559.7 m diamond drill program, testing new key target areas, including resource extensions and newly identified anomalies, with initial assay results anticipated in early to mid-August 2025. Comprehensive Data Review: Conducted an extensive analysis of historical and recent exploration data, identifying promising anomalies and data gaps to refine drill targeting and [...]
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