Amarillo Gold Corp. is pleased to announce that further to its news release dated May 15, 2019, the Company has accepted subscriptions and is in the process of closing the first tranche of its previously-announced non-brokered private placement through the issuance of 25,424,435 units at a subscription price of $0.20 per Unit for aggregate gross [...]
Amarillo Gold Corp. , is pleased to announce that it is proposing to complete a non-brokered private placement of units at a subscription price of $0.20 per Unit for aggregate gross proceeds to the Company of up to $5,000,000. Each Unit is comprised of one common share and one Common Share purchase warrant . Each Warrant entitles the holder to [...]
Amarillo Gold Corp. is pleased to provide an update on exploration activities at its Lavras do Sul exploration properties located in Rio Grande do Sul State, Brazil. LDS 2018 Magnetic Survey Map The LDS Project is comprised of more than 22 gold exploration prospects centered on old gold workings or geochemical anomalies over a 12 km by 7 km area [...]
Milestones achieved in 2018 and subsequently: Appointed Mike Mutchler as President and CEO in Q1 2018 Engaged Whittle Consulting for an Optimization Study on the Mara Rosa gold deposit in Q1 2018 Closed a private placement for $5.2M with insiders subscribing for $1M in Q2 2018 Completed the sale of an NSR royalty to Royal Gold for USD $10.8M in Q2 [...]
Includes High-Grade core zone of 9 million tonnes at 2.2 grams per tonne gold for 630,000 gold ounces AEFS March 2019 Resource Grade Tonnage Curve Amarillo Gold Corp. is pleased to announce an updated resource model for the Posse deposit at the Mara Rosa gold project in Goias State, Brazil. This new resource model will be used for a Feasibility [...]
Amarillo Gold Corp. . PDAC 2019 Toronto Convention Centre Amarillo Gold cordially invites you to visit our senior management at the 2019 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 [...]
Amarillo Gold Corp. is pleased to provide an update of results from its recently concluded in-fill drilling program at its Mara Rosa open-pit gold project in Goias State, Brazil. Highlights¹: 1.15 Au g/t over 44 m core length in Hole 18P082 1.61 Au g/t over 46 m core length in Hole 18P086 1.10 Au g/t over 48 m core length in Hole 18P088 [...]
Amarillo Gold Corp. is pleased to announce that SRK, Ausenco and GeoHydroTech Engenharia will be conducting the work required to complete the Definitive Feasibility Study for the Company´s Mara Rosa gold Project in Goiás State, Brazil. SRK, which completed the last two Pre-Feasibility Studies on Mara Rosa, will be the lead company [...]
Amarillo Gold Corp. is pleased to provide encouraging drill results from the ongoing drilling program at its Posse open-pit gold project in Goias State, Brazil. Highlights¹: 1.66 Au g/t over 24 m core length in in-fill drill hole 18P067 2.40 Au g/t over 15 m core length in in-fill drill hole 18P067 1.56 Au g/t over 15 m core length in in-fill [...]
Amarillo Gold Corp. is pleased to announce that it has received approval from the Brazilian ANM for a three year extension of its mining concessions for the Posse gold deposit until July 1, 2020. The agreement allows for the continued delay of mining activities, thereby preserving the mining status of these historical mining concessions and to [...]
Completed the repayment in early Q3 2018 of the USD $8.5M gold linked credit facility Settled CAD $1.2M of payables by issuing shares in early Q3 2018 Repaid related party loan of $1.6M Completed more than 5K meters of the planned 10K meters drill program on the flagship Mara Rosa gold deposit Assay results on 19 holes from this drill program [...]
Amarillo Gold Corp. is pleased to provide additional results from its ongoing drilling at its Mara Rosa open-pit gold project in Goias State, Brazil. Highlights¹: 1.81 Au g/t over 13 m core length in Hole 18P058 3.54 Au g/t over 11 m core length in Hole 18P061 1.33 Au g/t over 17 m core length in Hole 18P062 ¹Drill core lengths and true [...]