THUNDER BAY, Ontario, April 20, 2018 -- Mexican Gold Corp. announces that it has granted 174,000 incentive stock options to directors and officers of the Company pursuant to Mexican Gold’s Stock Option Plan. The options are exercisable at a price of $0.39 for a period of ten years. The options vest as to one-third after twelve, eighteen and [...]
THUNDER BAY, Ontario, April 18, 2018 -- Mexican Gold Corp. is pleased to announce initial sampling results for four high-grade gold bearing veins at its Pueblo Nuevo concession. The sampling was carried out at the historical Timiahua I, Tamiahua II, Dos Rios and El Cajon mines. Sampling results at the Tamiahua I reported 90.82 g/t gold and 37.2 g/t [...]
Ontario, April 10, 2018 -- MEXICAN GOLD CORP. is pleased to announce that, further to its announcement on March 26, 2018, it has completed a non-brokered private placement for gross proceeds of $1,046,950 at a price of $0.30 per unit . Each Unit consisted of one common share of the Company and one common share purchase warrant . Each Warrant [...]
THUNDER BAY, Ontario, April 10, 2018 -- Mexican Gold Corp. is pleased to announce the first batch of results from its 2018 Phase 1 resource expansion drill program, including multiple high-grade intercepts. The drilling program comprised both step-out and infill drilling, concentrating on little-known mineralized indications on the periphery of the [...]
THUNDER BAY, Ontario, March 27, 2018 -- Mexican Gold Corp. announces that recent field work at its 100% owned Pueblo Nuevo concession at Las Minas has resulted in the discovery of a number of previously unknown historical gold mines within a cluster of similar mines with demonstrated high grade potential – see press release May 31, 2017 [...]
Ontario, March 26, 2018 -- MEXICAN GOLD CORP. is pleased to announce that it intends to complete a non-brokered private placement of up to $1,000,000 at a price of $0.30 per unit with a small group of investors. The Company may, in its sole discretion increase the size of the Private Placement by up to 25% for aggregate gross proceeds of up to [...]
THUNDER BAY, Ontario, March 01, 2018 -- Mexican Gold Corp. is pleased to announce that recent drilling at the El Dorado Dike Contact Zone confirms the continuity of the high - grade mineralization outlined in the 2017 Phase 2 resource expansion drilling program. Plan View of Hole LM - 17 - ED - 49 Collar and Trace. Hole LM - 18 - ED - 49 Hole LM [...]
THUNDER BAY, Ontario, Feb. 26, 2018 -- Mexican Gold Corp. is pleased to announce that it will be exhibiting at the upcoming PDAC International Convention, Trade Show and Investor Exchange being held in Toronto at the Metro Toronto Convention Centre from March 4th to 7th, 2018. Diamond Drill Core DDH LM-17-ED-40 Mexican Gold’s management team [...]
THUNDER BAY, Ontario, Feb. 07, 2018 -- Mexican Gold Corp. is pleased to announce that its 2018 Phase 1 drilling program is underway at its Las Minas property, Veracruz State, Mexico. Additionally, the company has initiated its field exploration program of mapping, trenching and sampling at high-potential targets. 3,000 Metre Resource Expansion and [...]
THUNDER BAY, Ontario, Jan. 30, 2018 -- Mexican Gold Corp. is pleased to announce the signing of a diamond drilling contract for commencement of its 2018 Phase 1 resource expansion drilling program at the Las Minas property, Veracruz State, Mexico. The company has contracted with K.D.L. Mexico S.A. de C.V. for 3,000 metres of drilling, scheduled to [...]
THUNDER BAY, Ontario, Jan. 22, 2018 -- Mexican Gold Corp. is pleased to announce additional positive drill results for drilling recently completed to extend the high - grade dike contact mineralized zones at its Las Minas property. All holes returned significant mineralization, including 7.86 g/t Au Eq over 18.0 metres in hole LM – 17 &ndash [...]
THUNDER BAY, Ontario, Jan. 15, 2018 -- Mexican Gold Corp. is pleased to announce that it will be exhibiting at the upcoming AME BC Mineral Exploration Roundup 2018 Conference being held in Vancouver at the Vancouver Convention Centre West from January 22nd to 25th. Diamond Drill Core DDH LM- 17-ED -40 Mexican Gold’s management team invites [...]