Golden Ridge Resources Ltd. is pleased to announce a non-brokered private placement flow-through financing to sell up to 12,121,212 flow-through units at a price of $0.165 per Unit for aggregate gross proceeds of up to $2,000,000. Each Unit will consist of one flow-through common share of the Company that qualifies as a flow-through share for purposes of the Income Tax Act and one non-transferable Common Share purchase [...]
wp] is pleased to announce that Mr. Duane Lo has been appointed to its Board of Directors. Duane Lo is a financial executive in the mining industry with 20 years of experience in financing, business development, management and administration of mining operations and development projects in multiple jurisdictions including USA, Africa, Brazil, Mongolia. Currently, Mr. Lo is the Chief Financial Officer of Entree Resources [...]
Golden Ridge Resources Ltd. is pleased to report assay results for the remaining drill holes on its Hank Project in BC’s Golden Triangle District, which confirm a significant copper-gold porphyry discovery at the Williams Zone. HNK-18-013, drilled northeast of 2018 drill holes 1, 2 and 5, intersected 319 meters of 0.42g/t Au, 0.34% Cu and 2.20 g/t Ag including 131 meters of 0.68 g/t Au, 0.55% Cu and 3.34 g/t Ag [...]
Golden Ridge Resources Ltd. is pleased to report assay results for the remaining drill holes on its Hank Project in BC’s Golden Triangle District, which confirm a significant copper-gold porphyry discovery at the Williams Zone. HNK-18-013, drilled northeast of 2018 drill holes 1, 2 and 5, intersected 319 meters of 0.42g/t Au, 0.34% Cu and 2.20 g/t Ag including 131 meters of 0.68 g/t Au, 0.55% Cu and 3.34 g/t Ag [...]
Golden Ridge Resources Ltd. is pleased to announce that it has completed its option agreement with Lac Properties Inc. , a subsidiary of Barrick Gold Corp., and now has earned a 100% interest in the Hank Project, located in BC’s Golden Triangle District. The Company is eagerly awaiting assays for the remaining holes from it’s 2018 drilling campaign at Hank and these results will be released immediately [...]
Golden Ridge Resources Ltd. is pleased to announce that it has completed its option agreement with Lac Properties Inc. , a subsidiary of Barrick Gold Corp., and now has earned a 100% interest in the Hank Project, located in BC’s Golden Triangle District. The Company is eagerly awaiting assays for the remaining holes from it’s 2018 drilling campaign at Hank and these results will be released immediately [...]
Golden Ridge Resources Ltd. is pleased to report the initial batch of assay results from the Boiling Zone and Kaip Zone , located at the Company’s Hank Project in BC’s Golden Triangle District. HNK-18-010, drilled in the Boiling Zone, intersected 20.00 metres at 11.63 g/t Au and 13.8 g/t Ag including 2.85m at 67.27 g/t Au and 74.1 g/t Ag. HNK-18-004, drilled in the Kaip Zone, returned 168.60 metres at 0.27 g/t [...]
Golden Ridge Resources Ltd. is pleased to report the initial batch of assay results from the Boiling Zone and Kaip Zone , located at the Company’s Hank Project in BC’s Golden Triangle District. HNK-18-010, drilled in the Boiling Zone, intersected 20.00 metres at 11.63 g/t Au and 13.8 g/t Ag including 2.85m at 67.27 g/t Au and 74.1 g/t Ag. HNK-18-004, drilled in the Kaip Zone, returned 168.60 metres at 0.27 g/t [...]
Golden Ridge Resources Ltd. is pleased to report additional assays from the second and third holes drilled at the William’s Zone, located on the Company’s Hank Project in BC’s Golden Triangle District. HNK-18-005 intersected similar geology and mineralization to previously announced drill hole HNK-18-001, with 326 metres of potassic altered monzonite and Stuhini volcanic rocks grading 0.29% Cu, 0.36 g/t [...]
Golden Ridge Resources Ltd. is pleased to report additional assays from the second and third holes drilled at the William’s Zone, located on the Company’s Hank Project in BC’s Golden Triangle District. HNK-18-005 intersected similar geology and mineralization to previously announced drill hole HNK-18-001, with 326 metres of potassic altered monzonite and Stuhini volcanic rocks grading 0.29% Cu, 0.36 g/t [...]
Golden Ridge Resources Ltd. is pleased to report final results from a Phase I induced polarization survey which was recently completed on the Company’s Hank project, located in British Columbia’s prolific Golden Triangle district. The IP survey was completed by Peter E. Walcott & Associates, based out of Vancouver, BC. Preliminary results from the survey were previously discussed in a Company news release on [...]
MarketNewsUpdates.com News Commentary Despite the recent decline in gold prices, the global gold mining industry is expected to concentrate on steady production growth. On Wednesday, Gold rose to $1,196.11 after Fed's minutes supported by a slide of the US dollar across the board. With the recent fluctuations, Gold prices are attempting a tepid recovery after finding support below the $1200/oz figure where as a month or [...]