MegumaGold announces that at the Company's special shareholders' meeting held on Nov 8, 2022, disinterested shareholder approval was obtained to delist the Company's common shares from the CSE. An aggregate of 66,909,383 shares of a total of 220,337,723 issued and outstanding shares were casted at the meeting. Of the shares casted, 55,077,147 [...]
MegumaGold is pleased to announce that the metallurgical testing of core samples from the Elmtree Project in New Brunswick is in the final stage of completion. The metallurgical tests follow a diamond drilling program completed in December 2022 which resulted in thick core intervals ranging up to 3.46 grams/tonne gold over 23.28 m including samples [...]
MegumaGold is pleased to provide results from its 2021 diamond drill program at the Caribou Gold Project located approximately 10 km north of Atlantic Gold's Touquoy Mine and Moose River Consolidated mill site and surrounded by Atlantic Gold claim holdings in Nova Scotia. Four NQ holes totaling 620 metres were drilled near the surface extension of [...]
MegumaGold is pleased to announce that it has drilled thick core intervals ranging up to 3.46 g/t gold over 23.28 metres, including samples grading up to 12.60 g/t gold over 1.35 m at the Elmtree Gold Project located in New Brunswick. All seven holes were drilled into the West Gabbro Zone for a total of 707 metres with results shown on the [...]
MegumaGold Corp. is pleased to announce that drilling has commenced at the Elmtree Gold Project in New Brunswick. The primary target is the West Gabbro Zone where previous workers reported composite core intervals grading up to 7.61 g/ Au over 6.4 m and individual core samples grading up to 16.77 g/t over 1.28 m drilled in 1985 and 1986. The [...]
MegumaGold Corp. is pleased to announce that drilling has been completed at the Caribou gold project. Maritime Diamond Drilling Ltd. of Brookfield, Nova Scotia has demobilized their EF-50 rig. Approximately half the drilling, in two NQ-sized diamond drillholes, twinned important historical drillholes, half were step-out and in-fill drillholes [...]
MegumaGold Corp. is pleased to announce that drilling has started at the Caribou gold project. Maritime Diamond Drilling Ltd. of Brookfield, Nova Scotia has mobilized their EF-50 rig to the property last week to begin a minimum 600m multi-hole drilling program. The Project consists of 16 contiguous mining claims located 80 km northeast of Halifax [...]
MegumaGold Corp. is pleased to announce that it anticipates to start core drilling in early August at the Company's Caribou Gold Project located in Nova Scotia. The Project consists of 16 contiguous mining claims located 80 km northeast of Halifax, Nova Scotia. Nova Scotia government records for the Caribou Gold District indicate that the area [...]
MegumaGold Corp. , is pleased to announce that it has completed an extensive soil geochemistry, till sampling and prospecting program on its Murchyville South Project Area, which consists of exploration licences optioned previously from Genius Metals Inc. . Laboratory results for the program have not yet been received. The work completed is [...]
MegumaGold is pleased to announce that it has completed its previously announced plan of arrangement acquiring all of the issued and outstanding common shares of Osprey Gold Development. The Arrangement creates a leading Nova Scotia focused gold development and exploration company with a consolidated land package combining Osprey's historically [...]
Osprey Gold Development is pleased to announce that with respect to its special meeting of shareholders held today, all of the resolutions were duly passed, including the special resolution to approve the proposed plan of arrangement, pursuant to which MegumaGold will acquire all of the Company's outstanding common shares in exchange for common [...]
Osprey Gold Development and MegumaGold announced that Osprey has obtained an interim order from the Supreme Court of British Columbia for its proposed plan of arrangement, previously announced on March 23, 2020 and June 10, 2020, pursuant to which MegumaGold will acquire all of Osprey's outstanding common shares in exchange for common shares of [...]