AuMEGA Metals Ltd.

Key Highlights Diamond Drilling Recommences: Planned up to 10,000 metres of diamond drilling along with mapping, and sampling across high-priority targets at Cape Ray and Bunker Hill. Encouraging Early Drill Results at Bunker Hill West: Diamond drill hole CRD396 intersected 1.84 g/t gold over 1.0 metres including 5.58 g/t gold, 96 g/t silver, and 3.64% lead over 0.3 metres-supporting the presence of a larger mineralised [...]

Key Highlights Bunker Hill winter drilling program concluded: Drilled combined total of 5,067 metres of diamond and reverse circulation drilling completed. RC drill program completed 147 holes: Shallow drill holes drilled at Bunker Hill to collect base-of-till and bottom-of-hole samples to detect gold in basement. BOT results are pending. Bedrock gold discovered on a major structure: RC drill hole CRC0284 reported an [...]

AuMega Metals Ltd. is pleased to announce the appointment of Mike Skead as President, effective 1 May 2025. As President, Mr. Skead will serve as a senior executive reporting directly to the Managing Director and CEO. He will drive the Company's exploration strategy, lead the exploration team and be fully accountable for delivery all exploration activities designed to unlock further shareholder value. AuMEGA Metal's [...]

Key Highlights Bunker Hill Winter Drilling Nearing Completion: ~3,600 metres drill to-date; program wraps up 22 April 2025. Bunker Hill Summer to Resume in July: Diamond drilling to restart with the goal of completing up to 10,000 metres. Bunker Hill Winter Assays Pending: Results from winter RC and diamond drilling expected shortly, with consistent news flow to follow. Strategic Bunker Hill Project Expansion: New claims [...]

Key Highlights Commenced with diamond drilling at Nitty Gritty targets with two diamond drill rigs. Drilling commences following a short delay related to inclement winter weather in Newfoundland and Labrador. Reverse Circulation drill rig currently on site and expected to commence drilling the first bottom-of-hole / basal till sample in the near term. AuMega Metals Ltd. is pleased to announce the start of its 2025 winter [...]

Key Highlights High-resolution Airborne Magnetic geophysical survey completed over the Hermitage Gold-Antimony Project , covering an area of approximately 234 km2 consisting of 4,756 line-kilometres. Results demonstrate significant geological complexity across the entire 27-kilometre strike length with several second-order and third-order faults throughout the Project area. Large geological structures align with the [...]

Highlights Exploration Subsequent to the year end, announced plans for a major exploration in 2025 that includes total drilling of approximately 20,000 metres including a 10,000 metre drill program at Bunker Hill in the first quarter and drill programs planned for Cape Ray and Hermitage. High-resolution airborne magnetic and Very Low Frequency Electromagnetic geophysical survey completed over Bunker Hill, covering an area [...]

Key Highlights EXPANSIVE EXPLORATION PROGRAM: Major drill programs on highly prospective projects, with focus on Bunker Hill. FULLY FUNDED: Well-supported financing of approximately C$16 million raised in late 2024. LARGEST DRILL PROGRAM SINCE 2021: Approximately 13,000 metres of diamond drilling and 7,000 metres of Reverse Circulation Bottom-of-Hole planned. Approximately 10,000 to 12,000 metres of planned winter [...]

AuMega Metals is pleased to announce that at the Company's Special Shareholder Meeting held on 4 Dec 2024, the shareholders adopted an amended and restated equity incentive plan which has a 10% rolling stock option component and a fixed share unit components reserving an aggregate of 65,732,263 shares for issuance. Shareholder approval of the Plan must be obtained annually at the Company's Annual General Meeting. In [...]

AuMega Metals Ltd. is pleased to announce the closing of the second and final closing of its previously announced financing following shareholder approval at the Company's Special Shareholder Meeting on 4 December 2024. Under the Tranche Two Placement, the Company issued an aggregate of 128,035,776 ordinary shares to institutional, professional and accredited investors for aggregate gross proceeds of C$7.3 million [...]