Amarillo Gold Corp. has entered into an agreement with Mackie Research Capital Corporation for a $35.7 million underwritten private placement and a $21.5 million bought deal short form prospectus public offering for total gross proceeds of $57.2 million. The Company will use the net proceeds from the offerings to build the Posse Gold Mine and [...]
Amarillo Gold Corp. has achieved another major milestone on its project development schedule for its flagship Posse Gold Project in Goi?s State, Brazil. The Company has received a Water Use Permit for its proposed mine from the country’s National Water Agency. Receiving this permit is a precondition to receiving the License to Install, expected in [...]
Mike Mutchler, President and Chief Executive Officer of Amarillo Gold Corp. , will give an update on the Posse Gold Project at the John Tumazos Very Independent Research conference on Tuesday, June 23, 2020 at 10.45 a.m. ET. Posse, located on the Mara Rosa Property in Goi?s State, Brazil, is Amarillo’s flagship project. Mutchler’s presentation [...]
The technical report for the definitive feasibility study on Amarillo Gold Corp.’s Posse Gold Project has been filed on SEDAR . The report has been prepared according to the standards set out in NI 43-101: Standards of Disclosure for Mineral Projects. It is also available on the Company’s website under the Mara Rosa section of the Projects tab. The [...]
Amarillo Gold Corp. today announced the results of a positive definitive feasibility study for its Posse Gold Project on its Mara Rosa Property in Goi?s State, Brazil. The FS supports an open pit mine and carbon-in-leach operation with dry stack tailings that has low capital and operating costs and a strong financial return. Highlights Base case [...]
This news release should be read in conjunction with Amarillo Gold Corp.’s condensed interim consolidated financial statements and management’s discussion and analysis for the three months ended March 31, 2020. Both are available at www.amarillogold.com, and under the Company’s profile on SEDAR at www.sedar.com. All monetary amounts are expressed [...]
The senior management of Amarillo Gold Corp. will host a webinar on Thursday, June 4, 2020, at 10 a.m. ET. They will review the results of the feasibility study on the Company’s Posse Gold Project at its Mara Rosa Property in Goi?s State, Brazil. North American call-in number: 1-833-900-1839 International call-in number: 1-956-394-3586 Link to live [...]
Amarillo Gold Corp. signed the Protocol of Intent to build the Posse Gold Project with the Government of the State of Goi?s in Brazil on Monday. The Protocol of Intent establishes the conditions for developing an industrial mining plant and outlines the government’s formal support of the project. It is an important step towards receiving the [...]
A recently completed regional exploration program at Amarillo Gold Corp.’s Mara Rosa Property shows potential to find near-surface gold deposits along its Posse North Gold Trend in Goi?s State, Brazil. “Discovering mineralization up to four kilometres northeast of the Posse Gold Deposit is very encouraging,” said Mike Mutchler [...]
Amarillo Gold Corp. is on track to complete the feasibility study on its Mara Rosa Project in the second quarter of 2020, as planned. Drilling programs begun late last year at Mara Rosa and Lavras do Sul have been completed. Assay results from Lavras do Sul are delayed due to temporary lab shutdowns, but the company expects to receive the results [...]
Amarillo Gold Corp. today announced its financial results for the three months and year ended December 31, 2019. Amarillo achieved several key corporate milestones in 2019: Financial – completed two private placements for total gross proceeds of $15.3 million and hired Auramet International, LLC to advise on construction financing for [...]
Amarillo Gold Corp. cordially invites you to visit our senior management at the 2020 Prospectors and Developers Association of Canada conference. We look forward to this opportunity to provide shareholders and other interested parties with an update on our current activities and future plans. Corporate Booth IE2621A: March 1-2 Show Hours Sunday Mar [...]
