The Pastinho Gold Deposit has the potential to be a game changer for Amarillo Gold Corp., said the Company today as it announced its results for the nine months ended Sept 30, 2021. "We expect the deposit to develop into another source of future ore feed for the Posse mill," said Mike Mutchler, Amarillo's Chief Executive Officer. "We believe [...]
Construction can begin on a power line that will deliver electricity to the Posse Gold Mine, said Amarillo Gold today, after receiving the License to Install for the line from the State Secretariat for the Environment and Sustainable Development of Goiás State. It was the final regulatory approval needed for the 67-kilometre 138-kilovolt power line [...]
The latest assay results from a regional exploration program confirm the continuity and down dip extensions of the Pastinho Gold Deposit, said Amarillo Gold Corp. today. "We expect Pastinho to develop into another source of future ore feed for the Posse mill once the Posse Gold Mine is built," said Mike Mutchler, Amarillo's President and Chief [...]
Pastinho is no longer a drill target but a full-fledged satellite deposit, said Amarillo Gold Corp. today, as it announced results from 15 new drill holes on the Company's Mara Rosa Property in Goi?s State, Brazil. Located 3.5 kilometres northeast of Amarillo's flagship Posse Gold Deposit, the Pastinho Deposit is a near-surface tabular shaped [...]
Eric Sprott announces that, on August 29, 2021, 25,000,000 common share purchase warrants of Amarillo Gold Corp. expired unexercised representing a decrease in holdings of approximately 5.5% of the outstanding common shares on a partially diluted basis since the date of the last early warning report. Prior to the expiry of these Warrants, Mr [...]
This news release should be read in conjunction with our consolidated financial statements and management's discussion and analysis for the six months ended June 30, 2021. Both are available at www.amarillogold.com, and under our company profile at www.sedar.com. All monetary amounts are in Canadian dollars unless stated otherwise. TORONTO, Aug [...]
Amarillo Gold Corp. welcomed Paulo Serpa to the senior management team this week, said the Company today. Mr. Serpa, an accomplished mining engineer from Brazil, will succeed Ar?o Portugal as Country Manager for Amarillo's Brazilian subsidiaries when Mr. Portugal retires at the end of September. Following Mr. Serpa's appointment, Mr. Portugal will [...]
Amarillo Gold Corp. , through its Brazilian affiliate, has drilled a significant gold-hosting structural zone on Lavras do Sul , the Company's property in Rio Grande do Sul, southern Brazil. Two holes located 50 metres apart along an east-west strike direction were drilled into the Matilde target, confirming the primary source of gold of an [...]
Research Capital Corporation has exercised all of its 1,355,940 broker compensation option units , said Amarillo Gold Corp. today. Issued in August 2019 as a result of the brokered portion of two private placements, the CPUs had an exercise price of $0.20 per CPU and an expiry date of August 29, 2021. Amarillo issued 1,355,940 common shares of the [...]
Amarillo Gold Corp. has amended its property agreement with IAMGold Corp. and, separately, acquired an additional exploration concession for its Lavras do Sul Project in Rio Grande do Sul State, Brazil. The Company's total consolidated land position for Lavras do Sul is now 22,278 hectares . "With a long history of gold mining, Lavras do Sul is [...]
This news release should be read in conjunction with our consolidated financial statements and management's discussion and analysis for the three months ended March 31, 2021. Both are available at www.amarillogold.com, and under our company profile at www.sedar.com. All monetary amounts are in Canadian dollars unless stated otherwise. TORONTO, May [...]
Shareholders and other stakeholders have a better way to access information about Amarillo Gold Corporation , after the Company launched its new website this week. Featuring a design that's consistent with a rebrand implemented earlier this year, the new website consolidates information about the Company and its projects in a more streamlined and [...]