Mega Precious Metals is pleased to release an updated gold and initial tungsten mineral resource estimate for the Company's 100% owned Monument Bay Project located in northeastern Manitoba. The undiluted and in-situ estimate was completed by WSP utilizing a 3D block model and supported with input from the Company's geological personnel and an [...]
Mega Precious Metals is pleased to announce positive results from the ongoing metallurgical work being completed by Thibault & Associates Inc. on the conceptual open pit within the Twin Lakes Deposit at the Monument Bay Project. The metallurgical program results will be included as part of Mega's upcoming maiden gold and tungsten NI 43-101 Resource [...]
Mega Precious Metals announces the appointment of Anthony (Tony) Makuch to the Board of Directors. Currently, Mr. Makuch is the President and CEO of Lake Shore Gold. Tony has over 25 years of management, operations and development experience in the mining industry. As President and CEO of Lake Shore Gold, Mr. Makuch has been instrumental in the [...]
Mega Precious Metals is pleased to announce additional drill results from its ongoing drill and OCAP which continues to expand the high grade gold and tungsten mineralization at its "Monument Bay Project, located in Manitoba. Mega's 2014 drill program has encountered multiple high grade gold and gold / tungsten (WO3) structures near surface within [...]
THUNDER BAY, ONTARIO--(Marketwired - Aug 6, 2014) - Mega Precious Metals Inc. (TSX VENTURE:MGP) ("Mega") is pleased to announce an additional seven (7) holes from its 29 hole, 4,784m winter drill program and nine (9) holes from its OCAP (Old Core Assay Program) on its high grade gold and tungsten ("WO3") Monument Bay Project, located in Manitoba [...]
THUNDER BAY, ONTARIO--(Marketwired - Jul 28, 2014) - Mega Precious Metals Inc. (TSX VENTURE:MGP) ("Mega" or the "Company") and Red Sucker Lake First Nation ("RSLFN"), are pleased to announce the signing of a Memorandum of Understanding ("MOU") which was formally executed at a signing ceremony within the community. The MOU reflects each parties [...]
Mega Precious Metals is pleased to announce it has closed its previously announced private placement, for gross proceeds of $5,315,677. The Company issued an aggregate of 3,930,045 units for gross proceeds of $432,305 and 40,694,766 Million flow-through units for gross proceeds of $4,883,372. "Mega is pleased with the closing of the financing. We [...]
Mega Precious Metals is pleased to announce that due to demand, it has increased the size of its non-brokered private placement previously announced on June 17, 2014 and June 25, 2014 to gross proceeds of up to $5.3 Million consisting of a total of 3.9 Million units for gross proceeds of $0.4 Million and 40.7 Million flow-through units for gross [...]
THUNDER BAY, ONTARIO--(Marketwired - Jun 27, 2014) - Mega Precious Metals Inc. (TSX VENTURE:MGP) ("Mega" or the "Company") is pleased to announce the results of the 2014 Annual Meeting of Shareholders (the "Meeting") held in Thunder Bay, Ontario today. As proposed by the Company, six director nominees set out in the management information circular [...]
Mega Precious Metals is pleased to announce that due to demand, it has increased the size of its non-brokered private placement previously announced on June 17, 2014 to gross proceeds of up to $5.0 Million. Glen Kuntz, President and CEO commented "Mega is encouraged by the demand from current and new investors. The winter 2014 drill program has [...]
Mega Precious Metals is pleased to announce that it intends to complete a non-brokered private placement of units at a price of $0.11 per unit and flow-through units at a price of $0.12 per flow-through unit, for aggregate gross proceeds of up to $3,000,000. Each Non-Flow-Through Unit will consist of one common share of the Company and one-half of [...]
THUNDER BAY, ONTARIO--(Marketwired - Jun 11, 2014) - Mega Precious Metals Inc. (TSX VENTURE:MGP) ("Mega") is pleased to announce an additional four (4) holes from its 29 hole, 4,784m winter drill program and six (6) holes from its OCAP (Old Core Assay Program) on its high grade gold and tungsten Monument Bay Project, located in Manitoba. The [...]