Karus Gold Corp. announces the appointment of Joe Ovsenek and Cathy McLay to the Board of Directors. The new Board additions are independent and will strengthen governance and help deliver on the vision of building Karus into a leading BC gold explorer. Current directors James Hynes, Scott Trebilcock, David Whittle and CEO Andrew Kaip round out the [...]
Karus Gold Corp. is pleased to announce the results from its summer 2021 drill program at its Gold Creek gold project part of the Company's 1,000 square kilometers South Cariboo Gold District. A total of 1,389 meters in five diamond drill holes was completed at Gold Creek between mid-June and early July 2021, including hole GC-21-049 that returned [...]
Karus Gold Corp. is pleased to announce that is has closed two financings with total gross proceeds of $237,270. The first offering was by way of a private placement issuing 281,400 units at a price of C$0.55 per Unit for gross proceeds of C$154,770 in connection with an Offering Memorandum that was filed on SEDAR under the profile of the Company [...]
Karus Gold Corp. is pleased to provide a corporate update which includes the 2021 exploration programs at its FG Gold project and Gold Creek project , both part of the 1,000 square kilometer South Cariboo Gold Property in British Columbia . Andrew Kaip, President and CEO of Karus Gold comments, "Our 2021 exploration programs at our two highly [...]
Karus Gold Corp. is pleased to announce the completion and filing of the National Instrument 43-101 Independent Technical Report for the Company's South Cariboo Gold Project located in British Columbia, Canada titled "Technical Report on the South Cariboo Property, British Columbia, Canada". The Report provides detailed information on the Project [...]
Further Extended Orogenic Gold Mineralization with Visual Gold in over 50% of the Drill Holes Karus Gold Corp. is pleased to announce that it has completed exploration activities at the FG Gold Project in the South Cariboo Gold District in British Columbia . A total of 7,142 meters in 19 diamond drill holes were completed between early July and [...]
Karus Gold Corp. is pleased to announce that it is has completed a non-brokered private placement of 1,529,929 units at a price of C$0.55 per unit and 778,391 flow through units at C$0.73 per flow through unit for aggregate gross proceeds of up to C$1,409,686 . Each Unit consists of one common share of the Company and one half of one common share [...]
Rapidly advancing Company's South Cariboo District Gold Project Karus Gold Corp. is pleased to announce that is has completed the first phase of drilling at its Gold Creek project and has commenced drilling at its FG Gold project in the South Cariboo Gold District in British Columbia . A total of 1,374.6 meters in five diamond drill holes were [...]
Karus Gold Corp. is pleased to announce that it has entered into an agreement with Eight Capital in connection with a private placement of up to 5,385,000 units at a price of $0.65 per unit and up to 7,472,000 charity flow through units at $0.87 per charity flow through unit for aggregate gross proceeds of up to C$10,000,890 . Each Unit will [...]
15,000 Meter Drill Program Planned to Expand Known Corridors and Discover New Corridors at Depth and Along Strike Karus Gold Corp. announces that detailed interpretation of the 2020 drill program validates the Company's exploration thesis that structural controls generate repeating higher-grade gold vein corridors within the previously defined [...]
Karus Gold Corp. announces additional high-grade gold drill results including 5.3 m of 10.2 g/t gold and 10 m of 5.5 g/t gold in the Upper Zone of the FG Gold Project, part of the Company's 1,000 square km South Cariboo Gold District in BC. Karus Gold CEO, Andrew Kaip, comments, "Results from the 2020 drilling program continue to expand FG Gold [...]
Karus Gold Corp. advises that as a result of a review by the British Columbia Securities Commission, the Company is issuing this news release to clarify disclosure pursuant to the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects regarding the historical resource at the FG Gold project, part of the 100% owned [...]
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