O2Gold Inc. is pleased to announce that it has completed its shares for debt settlement with Geominas Serviminas JV that was previously announced on September 3, 2021 . Pursuant to the Shares for Debt Settlement, the Company has issued 800,323 common shares of the Company at a deemed price of $0.22 per share in satisfaction of outstanding debt of approximately $176,000. The common shares issued pursuant to the Shares for [...]
O2Gold Inc. is pleased to report high-grade gold-silver intercepts from its first drill hole at the Aurora Tunnel in Colombia, where the Company has exploitation and production permits. Key Highlights Hole AUR-21-001 targeted down-dip extensions of high-grade gold-silver mineralization indicated by rock chip sampling and prior artisanal production at the Aurora Tunnel. A mineralized interval was encountered with the [...]
O2Gold Inc. is pleased to report high-grade gold-silver intercepts from its first drill hole at the Aurora Tunnel in Colombia, where the Company has exploitation and production permits. Key Highlights Hole AUR-21-001 targeted down-dip extensions of high-grade gold-silver mineralization indicated by rock chip sampling and prior artisanal production at the Aurora Tunnel. A mineralized interval was encountered with the [...]
O2Gold Inc. is pleased to report high-grade gold-silver intercepts from its first drill hole at the Aurora Tunnel in Colombia, where the Company has exploitation and production permits. Key Highlights Hole AUR-21-001 targeted down-dip extensions of high-grade gold-silver mineralization indicated by rock chip sampling and prior artisanal production at the Aurora Tunnel. A mineralized interval was encountered with the [...]
O2Gold Inc. is pleased to announce that it has entered into a settlement agreement dated September 2, 2021 with Geominas Serviminas JV to settle approximately $176,000 of O2Gold's outstanding cash indebtedness owing to Geominas in connection with the Company's exploratory drill program. Pursuant to the Settlement Agreement, the Company has agreed to issue Geominas 800,323 of its common shares at a deemed price per share [...]
O2Gold Inc. is pleased to announce the results of the geophysical survey in the Aparecida brownfield. Key Highlights The ground geophysical survey allowed the interpretation of one zone of 650 x 500 meters in area with an anastomosed vein pattern, which had already been identified in surface mapping but whose extent was unknown. At least four different vein directions were identified, including the vein from the Fortaleza [...]
O2Gold Inc. is pleased to announce that it has begun drilling at the Aurora mine targets, the site of an expected 2,000 meters of drilling. The Company has also received the results of additional geophysics surveying in the Aurora project area. Key Highlights The ground geophysics survey allowed the interpretation of the Quintanillo mine's vein structure of 1.2 km, which had already been identified in surface mapping but [...]
O2Gold Inc. is pleased to announce the results of its geophysical survey at its Aurora brownfield property in Colombia. Key Highlights The ground geophysical survey allowed the interpretation of four systems of vein structures that had already been identified in surface mapping but whose extent was unknown. The methods used made it possible to trace one of Aurora's veins, a source of artisanal production in previous [...]
O2Gold Inc. is pleased to announce that it has contracted Serviminas to execute the first phase of drilling at the Company's Aurora brownfield property. Additionally, the Company has launched its new website with an updated corporate presentation, which can be found at the same url: https://www.OtuGold.com. Highlights The Company's contract with Serviminas, for up to 10,000 meters of drilling, is expected to cost [...]
O2Gold Inc. is pleased to announce continued positive results of its brownfield exploration, as well as the launch of the Company's new logo. Key Highlights Vein samples from the Botella-Esmeralda brownfield returned Au results with a maximum value of 36.6 g/t; values ranged from 0.005 g/t to 36.6 g/t, with an average grade of 5.4 g/t Additional samples from the Aparecida brownfield showed Au values ranging from 0.005 g/t [...]
O2Gold Inc. is pleased to announce results from its ongoing exploration of its brownfield properties, as well as the completion of spontaneous potential surveys ahead of its anticipated drill campaign. In the Aurora-Quintanillo area , a total of 6,850 meters of lines were surveyed, at intervals of approximately 200 meters and with measuring points every 20 meters. Near the Aurora drill targets, where 2,000 meters of [...]
O2Gold Inc. is pleased to announce its first drill targets on the properties acquired from Grupo de Bullet earlier this year, as well as further details of its ongoing exploration campaign. For more information about the acquisition of the Project, please see the Company's press release dated April 23, 2021, which is available on the Company's SEDAR profile at www.sedar.com. Last week, the Company began approximately [...]