Resouro Gold announces that the Company has been granted an extension by the TSXV to complete the previously announced non-brokered private placement of up to C$300,000, by no later than May 10, 2023. The terms of the Offering remain unchanged: the Private Placement is comprised of up to 2,000,000 Common Shares of the Company at a price of C$0.15 per Share. The net proceeds from the Private Placement will be used to [...]
Resouro Gold Inc. is pleased to announce that the Company has selected the laboratory Prosper, located in Duque de Caxias, for the initial metallurgical testwork at its Tiros Titanium-REE Project in Minas Gerais, Brazil, and has now delivered a 208 kg composite sample as part of its recently announced work program . Resouro is now planning a 600 m Auger drilling program using its own equipment and tendering for a 500 m [...]
Resouro Gold Inc. is pleased to announce that the Company has initiated a work program at the Tiros Titanium-REE Project where Resouro recently acquired a 33% stake with a farm-in agreement for a 90% interest announced on February 15, 2023 . The Tiros Project represents 10 mineral concessions totalling 152 km2 located in Minas Gerais, one of the most infrastructurally developed states of Brazil, 350 km from Belo [...]
Resouro Gold Inc. today announces a non-brokered private placement of up to 2,000,000 Common Shares of the Company at a price of C$0.15 per Share for gross proceeds of up to C$300,000. The net proceeds from the Private Placement will be used to advance exploration on the Company's gold projects and titanium-REE project and for general working capital purposes. In accordance with applicable Canadian securities laws, all [...]
Acquisition Terms Include Option to Farm-In to 90% Resouro Gold Inc. is pleased to announce that effective February 12, 2023 it has entered into an arm's length agreement with Tiros Strategic Metals Pte Ltd , that holds a 90% interest in the Tiros Titanium and Rare Earth Project , to acquire a 33% equity holding in Tiros Strategic Metals with an option to acquire the remaining equity that will result in Resouro owning a [...]
Hole 10 returns 16.21 m grading 2.97 g/t gold, including 2.29 m grading 11.4 g/t gold and 1.08 m grading 19.93 g/t gold Resouro Gold Inc. is pleased to announce further drill results from its exploration program at the flagship Novo Mundo Project located in the prolific Alta Floresta Gold Belt in north-central Brazil. Hole NMDD 010, located between the main Dionísio and Luisão pits, returned 16.21 m @ 2.97 g/t gold at a [...]
Resouro Gold Inc. is pleased to announce that Ms. Sandra Evans, CPA, CGA of Grove Corporate Services Ltd. has been appointed as Chief Financial Officer of the Company, subject to approval by the TSX Venture Exchange . Ms. Evans has over 30 years of experience in the energy, mining and manufacturing industries, both domestically and internationally. She has held senior accounting roles in several highly successful [...]
Resouro Gold Inc. is pleased to announce that the Brazilian Mining Agency has granted a Guia de Utilização , inclusive of environmental and installation license, on the Company's wholly-owned Novo Mundo Project located in the prolific Mato Grosso area in Brazil. As part of the application, the Company submitted a 96.58 kg composite sample of previously stockpiled material and base-of-pit material for preliminary [...]
Resouro Gold Inc. is pleased to announce initial drill results from its first phase of exploration at its 100%-owned Novo Mundo Gold Project, located in the Alta Floresta Gold Belt in Mato Grosso, Brazil. Assays from the first two of eleven diamond drill holes completed by Resouro have been received, with hole NMDD002 returning 11.65 m @ 5.1 g/t gold from 65.89 m, including 2.5 m @ 8.1 g/t Au from 66.39 m and 4.6 m @ 6.3 [...]
Resouro Gold Inc. is pleased to announce that it has entered into an arm's length term sheet with IAMGOLD Corporation, a mining company listed on the Toronto Stock Exchange . The Term Sheet proposes that the Company would acquire from IAMGOLD it's option to acquire a 100% interest in the Peixoto Gold Project located in the State of Mato Grosso, Brazil adjacent to the town of Peixoto de Azevedo. The Peixoto Project is [...]
Resouro Gold Inc. is pleased to report that substantial progress has been made by its exploration team at the Company's 100% owned Novo Mundo Gold Project, in Brazil in the two months since Resouro began trading on the TSX-V. The Company mobilized a drill rig and has completed three diamond drill holes and is currently drilling the fourth in the initial 13 hole drill program. Key activities over the last two months have [...]
Resouro Gold Inc. is pleased to report that it has mobilized its exploration team and contracted a diamond drill rig for an initial program at its 100% owned Novo Mundo Gold Project in Mato Grosso, Brazil. The initial exploration and drill program will be aimed at further understanding the structural control of the high-grade shoots identified in previous drilling at Novo Mundo to complete a report prepared in accordance [...]
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