Avidian Gold Corp. is pleased to announce that it has spun out its Strickland base metal project located in southern Newfoundland, into a 100%-owned Ontario incorporated private company called High Tide Resources Corp. . Avidian's goal will be to take High Tide public within the next 18 months. The creation of High Tide is part of Avidian's value creation initiative whereby any property asset that is not deemed to be core [...]
Avidian Gold Corp. is pleased to provide an update on the previously announced private placement of units announced in the Company's news release dated October 22, 2018. The Company is adjusting the terms of the financing so as to better reflect the current weakness in market conditions. The proposed non-brokered financing will be conducted by way of a private placement of Units at C$0.35 per Unit for gross proceeds of up [...]
Avidian Gold Corp. is pleased to announce a proposed non-brokered financing by way of private placement of units of the Company at C$0.50 per Unit for gross proceeds of up to C$2,000,000 . Red Cloud Klondike Strike Inc. is acting as a finder in connection with the Offering. Each Unit will be comprised of one common share of the Company and one half of a transferable Common Share purchase warrant . Each full Warrant will [...]
Avidian Gold Corp. is pleased to report results from the first of three drill holes at the Copper King prospect from its ongoing drill program at the 100% owned Golden Zone project in Alaska. Location of Copper King Drill Holes and Trenches Exploration Highlights Hole CK18-01 intersected 9.1 metres grading 8.71 grams/tonne Au, 80.8 g/t Ag and 3.57% Cu from 3.9 m to 13.0 m. A surface trench located in the same vicinity as [...]
Avidian Gold Corp. is pleased to report results from the first four drill holes at the Breccia Pipe Deposit and Mayflower Extension Zone from its ongoing drill program at the 100% owned Golden Zone project in Alaska. Figure 1: Locations of Holes GZ18-01 to GZ18-04 Highlights include: Breccia Pipe Deposit Hole GZ18-04 intersected 107.31 metres grading 4.76 grams/tonne Au down plunge and 21.59 m grading 1.66 g/t Au [...]
Avidian Gold Corp., is pleased to announce that it has discovered a new gold showing and has subsequently staked an additional 4,403 hectares of ground immediately west, south and contiguous with its Golden Zone project, located 320 km north of Anchorage, Alaska. Highlights are as follows: -Prospecting discovery of multiple sulphide-bearing gossan zones with gold values assaying up to 6.14 grams per tonne ; -Multiple [...]
Avidian Gold Corp., is pleased to announce that the Company has completed a 44.5-line kilometre Controlled Source Audio-Frequency Magnetotelluric survey of the Copper King, Long Creek and South Long Creek prospects at the Golden Zone project in Alaska. Figure 1 The survey was successful in highlighting near-surface resistivity highs which are interpreted to be intrusions into overlying sediments. The most prominent [...]
TORONTO, Aug. 01, 2018 -- Avidian Gold Corp. wishes to announce the appointment of Mr. Nick Tintor as President & CEO and Director. Nick is a mining executive and geologist who holds a Bachelor of Science in Geology from the University of Toronto and has more than 30 years of experience in the Canadian mining industry. For the past 20 years he has been involved in all aspects of junior mining company management from [...]
TORONTO, June 29, 2018 -- Avidian Gold Corp. wishes to announce the resignation of Giulio Bonifacio from the board of directors effective immediately so that he can pursue his commitments to other ventures. The board of directors wishes to thank Giulio for his contributions to the Corporation as it progressed from a private company to a public company and wishes him the best in his future endeavours. About Avidian Gold [...]
June 27, 2018 -- Avidian Gold Corp. is pleased to announce that, further to its news release dated May 17, 2018, it has completed an offering of 6,465,000 units by way of private placement at a price of $0.50 per Unit, for total gross proceeds of approximately $3,232,500. The offering consisted of a brokered offering led by Red Cloud Klondike Strike Inc. and including PI Financial Corp., Canaccord Genuity Corp. and Mackie [...]
TORONTO, June 05, 2018 -- Avidian Gold Corp. is pleased to report that the 2018 drilling program has commenced at its 100% owned Golden Zone Project. The drilling program will initially focus on following up on the significant intercepts and “New Discoveries” from the 2017 drilling program. Highlights from the 2017 program include: 1. 2017 drill intersections in and within the immediate vicinity of the Breccia [...]