Golden Ridge Resources Ltd.

Golden Ridge Resources Ltd. is pleased to announce the completion of a property-wide high-resolution airborne magnetic survey completed at its Heritage epithermal Au-Ag project , located on the Burin peninsula near Point May, Newfoundland and Labrador. The survey provided high-resolution magnetics coverage over its Heritage, Eagle's Talon and Eagle's Claw projects. Drilling is expected to commence this week, with the [...]

Golden Ridge Resources Ltd. is pleased to announce the completion of a comprehensive Phase I soil sampling and prospecting program on the Williams Project, located strategically within New Found Gold Corps' Queensway Gold Project in the province of Newfoundland and Labrador. Highlights of the Phase I Williams Exploration Program -A total of 44 rock1 samples were collected from various areas of interest -A total of 1,094 [...]

Golden Ridge Resources Ltd. is pleased to announce it intends to complete a non-brokered private placement financing for up to $1,500,000 . The Offering proceeds will be used to continue to drill test the Heritage project with a planned 5,000m diamond drill program expected to commence in September 2020 and to carry out Phase II exploration work at its William's project located within the boundaries of New Found Gold's [...]

Golden Ridge Resources Ltd. is pleased to announce inaugural exploration plans for its recently acquired Newfoundland property portfolio . The Phase I exploration program will focus on the Williams and Heritage projects. Immediately following the completion of the Phase I program, a Phase II diamond drilling program will be initiated which is designed to test current and new targets generated from the Phase I program [...]

Golden Ridge Resources Ltd. announces it has closed its previously announced financing and issued 14,333,333 units of the Company at a price of $0.15 per unit for gross proceeds of $2,150,000 . Each Unit consists of one common share of the Company and one-half of one common share purchase warrant . Each Warrant entitles the holder to acquire one additional common share in the capital of the Company at a price of $0.25 per [...]

Golden Ridge Resources Ltd. is announces it has increased its previously announced financing and will now undertake to complete a non-brokered private placement for up to 14,333,333 units of the Company at a price of $0.15 per unit for gross proceeds of up to $2,150,000 . Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant . Each Warrant will entitle the holder to [...]

Golden Ridge Resources Ltd. is pleased to announce it intends to complete a non-brokered private placement of up to 10,000,000 units of the Company at a price of $0.15 per unit for gross proceeds of up to $1,500,000. Each Unit will consist of one common share of the Company and one-half of one common share purchase warrant . Each Warrant will entitle the holder to acquire one additional common share in the capital of the [...]

Golden Ridge Resources Ltd. is pleased to announce it has entered into various agreements with arms length vendors to acquire six properties located in Newfoundland. The properties comprise 17,850 hectares or 178.5 square kilometers of highly prospective exploration ground for precious metals. Four of the six projects are located on the Burin Peninsula which is home to the western portion of Newfoundland's Avalon Zone [...]

Golden Ridge Resources Ltd. announces that further to its news release of May 1, 2020 the Company's intention to consolidate its common shares on a 5-old-for-1-new share basis will be effective May 20, 2020. Golden Ridge's commons shares will commence trading under the current trading symbol "GLDN" at the opening of trading on May 20, 2020 on a post consolidated basis. Letters of transmittal have been mailed to all [...]

Golden Ridge Resources Ltd. is pleased to report that it has entered into an option agreement to earn a 100% interest in the Williams Gold Property located 30 km south and on trend with New Found Gold Corp.'s recently announced high grade intersection of 92.86 g/t Au over 19.0 meters, including 285.2 g/t Au over 6.0 metres at its Queensway Gold project .1 The Williams Gold property is surrounded by the Queensway Gold [...]