Angus Gold is pleased to announce it has entered into an agreement with Beacon Securities to act as sole lead agent and bookrunner, on behalf of a syndicate of agents, in connection with a private placement offering of 3,125,000 flow-through units at a price of $0.80 per FT Unit for gross proceeds to the Company of $2,500,000 or such other amount [...]
Angus Gold Inc. announces that it has granted options to acquire a total of 550,000 common shares of the Company to officers, directors, employees, and consultants, pursuant to the Company's Stock Option Plan, at the exercise price of $0.60 per share for a period of five years, subject to vesting requirements. Additionally, the Company has granted [...]
Angus Gold Inc. is pleased to announce that it has closed its non-brokered charity flow-through private placement for total gross proceeds of C$4,640,000 , as previously announced on January 19, 2024. The Offering was comprised of the issuance 5,800,000 charity flow-through units of the Company at a price of C$0.80 per FT Unit. Each FT Unit [...]
Jan. 19, 2024 -- Angus Gold Inc. is pleased to announce a non-brokered flow-through private placement to raise gross proceeds of C$4,640,000 . The FT Offering will consist of 5,800,000 special flow-through units of the Company at a price of C$0.80 per FT Unit. Each FT Unit will consist of one common share of the Company that will qualify as a [...]
Highlights: Results confirm the presence of high-grade gold with a brand-new discovery in GS-23-100, which intersected 48.7 g/t Au over 1.5 metres within a broader, lower-grade alteration zone of 5.5 metres A Winter drilling program of 5,500 metres to resume mid-January to test additional targets on the Eagle River Splay and high-grade [...]
Highlights: Fall drilling program to test new gold targets in the Eagle River Splay Area Priority gold targets were identified with strong geophysical anomalies and are associated with a splay of the Eagle River Deformation Zone that is host to Wesdome's Eagle River Mine Numerous historic surface samples > 5 g/t Au were collected in the exploration [...]
Highlights: Three infill drill holes were completed along the new Dorset East strike extension and continue to confirm that the Dorset Gold Zone is a larger, and higher-grade, gold system than was previously understood Results continue to intersect a consistent, mineralized system along the 1.7 kilometres of newly defined strike length: 3.8 metres [...]
Highlights: Strike length of the Banded Iron Formation now defined as 1.0 kilometre Infill and expansion drilling within the BIF exploration area continues to confirm continuity and scale of extensive gold system Results confirm a consistent, thick mineralized system with intervals of up to: 61.3 metres of mineralization grading 1.0 g/t Au [...]
Angus Gold Inc. regrets to report that an incident occurred at its Golden Sky Project which resulted in the fatality of an employee working for an independent contractor. The incident occurred while moving a drill on site. No other personnel were injured. The program is managed and undertaken by a third-party drilling operator. The Company is [...]
Angus Gold Inc. announces that it has granted options to acquire a total of 1,275,000 common shares of the Company to officers, directors, employees, and consultants, pursuant to the Company's Stock Option Plan, at the exercise price of $0.65 per share for a period of five years, subject to vesting requirements. Additionally, the Company has [...]
Highlights: David Palmer appointed as Chairman and Director of the Company Breanne Beh appointed President and CEO, effective July 10, 2023 Appointments are part of the Company's initiative to build a strong executive team and to follow up on the new gold discoveries at the Golden Sky Project in Wawa, Ontario. TORONTO, June 28, 2023 -- [...]
Highlights: Winter 2023 infill drilling program at the Dorset Zone intersected significant gold mineralization including 5.1 g/t Au over 8.0 metres within a broader zone of 2.8 g/t Au over 16.0 metres and 3.4 g/t Au over 6.0 metres within a wider interval of 2.2 g/t Au over 16.0 metres Nine of the final fifteen winter drill holes were completed as [...]