VANCOUVER, British Columbia, June 01, 2018 -- Orca Gold Inc. is pleased to announce that the nominees set forth in the Company’s management information circular dated April 26, 2018, L. Simon Jackson, Richard Clark, Hugh Stuart, Alexander Davidson, Robert Chase, David Field and Derek White were elected as directors of the Company at the [...]
May 31, 2018 -- Orca Gold Inc. is pleased to announce that it has closed the first of two tranches of its previously announced private placement . The Company has issued 16,182,480 common shares to a subsidiary of Resolute Mining Ltd. at a price of C$0.675 per Share for gross proceeds of C$10,923,174. In the second tranche of the financing [...]
British Columbia, May 28, 2018 -- Orca Gold Inc. announced today that it has entered into an agreement with Resolute Mining Ltd. pursuant to which Resolute has agreed to subscribe for 32,364,960 common shares of Orca at a price of C$0.675 per Share for aggregate gross proceeds of approximately C$22,000,000. Following completion of the private [...]
VANCOUVER, British Columbia, May 01, 2018 -- Orca Gold Inc. is pleased to announce continued success in drilling on the new Hanging Wall Zone at the Company’s flagship Block 14 Gold Project in the Republic of the Sudan and the discovery of a new mineralised zone at the Morondo Project in Côte d’Ivoire. Galat Safar South East Zone [...]
VANCOUVER, British Columbia, April 04, 2018 -- Orca Gold Inc. is pleased to announce that since mid-February, its major shareholders have exercised approximately 7.9 million warrants from the July 2017 private placement at a price of $0.55, for proceeds to the Company of $4.35 million. These funds will be deployed towards completion of a [...]
VANCOUVER, British Columbia, April 02, 2018 -- Orca Gold Inc. is pleased to announce successful drilling on the new geological interpretation at the Company’s Block 14 Gold Project in the Republic of the Sudan. Figure 1 – Plan View of GSS Showing East Zone Section Figure 2 – East Zone Cross Section Highlights Drilling on a new [...]
Orca Gold is pleased to announce that exploration drilling has resumed at the Block 14 Gold Project in The Sudan and on the Morondo Permit in Côte d'Ivoire. Highlights New drill programme at Wadi Doum targeting four high-grade structures with drill results including: GSRC341: 21m at 19.35g/t Au GSRC339: 14m at 65.79g/t Au, including 1m at [...]
Orca Gold Inc. is pleased to report that it has received from the Government of The Republic of The Sudan an exclusive permit for the exploitation of water from the Area 5 aquifer , first discovered by the Company in May 2017 . The Water Permit is a strategic permit in the development of a gold mine on Block 14. It entitles the Company to extract [...]
Orca Gold Inc. is pleased to announce that it has confirmed the discovery of a significant mineralised system at its Morondo gold exploration permit in Côte d'Ivoire . Highlights New drill intercepts of up to 48m at 1.62g/t Au and 94m at 1.12g/t Au Confirmation and expansion of 2010 Red Back Mining Inc. discovery Mineralisation over 600m [...]
Orca Gold Inc. is pleased to announce a new Mineral Resource Estimate for the Company's Block 14 Gold Project in the Republic of the Sudan. Highlights* The updated Mineral Resource Estimate of the Galat Sufar South and Wadi Doum deposits comprises an Indicated resource of 72.7 Mt grading 1.30g/t Au for 3.05 Moz of gold and an Inferred resource of [...]
Orca Goldis pleased to announce the remaining results from 2017 drilling at its Block 14 Gold Project in the Republic of the Sudan. HIGHLIGHTS The addition of 12,449 metres of diamond drilling and 2,500 metres of reverse circulation drilling will form the basis of a new mineral resource estimate Drilling tested a new geological interpretation in [...]
Orca Gold Inc. is pleased to report the extension of the Catch Advisory Group Inc. investor relations agreement dated September 1, 2016 and originally announced October 19, 2016. Specific duties include initiating and maintaining contact with the investment community, including brokers, existing shareholders, prospective investors, analyst and [...]
