VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 5, 2014) - Banks Island Gold Ltd. (TSX VENTURE:BOZ) (the "Company") is pleased to report it has been issued a Mines Act Permit for Yellow Giant Gold Property, located on Banks Island, British Columbia. The British Columbia Ministry of Energy and Mines has approved the Company's mine plan and [...]
- First longhole blast completed on February 24th. - Processing of mineralization through DMS plant ongoing. - Concentrate shipments re-commencing this week. VANCOUVER, BRITISH COLUMBIA--(Marketwired - Mar 3, 2014) - Banks Island Gold Ltd. (TSX VENTURE:BOZ) (the "Company") is pleased to report an update on the Bob Zone bulk sample program at the [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 18, 2014) - Banks Island Gold Ltd. (the "Company") (TSX VENTURE:BOZ) announces that it will not be completing the financing transaction with Global Resources Investments Ltd. (the "GRIL"), previously announced by news release on January 23rd, 2014. The conditions to completion of the subscription [...]
- Provisional payment on first concentrate shipment received for proceeds of CDN$615,000 - Underground mine development at Bob advancing rapidly to 2nd level. - Mining of Bulk Sample at Bob Zone scheduled for March. VANCOUVER, BRITISH COLUMBIA--(Marketwired - Feb 11, 2014) - Banks Island Gold Ltd. (TSX VENTURE:BOZ) (the "Company") is pleased to [...]
Banks Island Gold is pleased to announce that it has settled on terms to undertake a private placement with Global Resources Investments Ltd.. Pursuant to terms, the Company will issue an aggregate of 8,000,000 common shares at a price of £0.2766 per common share to raise gross proceeds of £2,212,800. GRIL has been established to exploit investment [...]
- First shipment of concentrate from Yellow Giant scheduled for January 24th 2014 - Initial concentrate grades average 66.7gpt Au, 285gpt Ag, and 6.7% Cu VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 23, 2014) - Banks Island Gold Ltd. (TSX VENTURE:BOZ) (the "Company") reports that it has received assay results from a portion of the initial [...]
- High grade gold intersection at the Bob Zone with high copper content. - Intersection of mineralization 60m down dip of current resource at Bob Zone. VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 20, 2014) - Banks Island Gold Ltd. (TSX VENTURE:BOZ) (the "Company") announces that it has received assay results from the Yellow Giant Gold Project [...]
- Underground mining development in mineralization in first level at Bob Zone - Addition of grinding and flotation circuit at Yellow Giant in progress. - Focus of all Company resources to develop, explore, and expand the Yellow Giant Gold Project VANCOUVER, BRITISH COLUMBIA--(Marketwired - Jan 15, 2014) - Banks Island Gold Ltd. (TSX VENTURE:BOZ [...]
Banks Island announces that the Company has closed the second tranche of a brokered private placement offering of an aggregate of 691,375 flow-through units at a price of $0.58 per Flow-Through-Unit, for gross proceeds of $400,997.50, and 45,000 non-flow-through units at a price of $0.52 per Non-Flow-Through Unit, for gross proceeds of $23,400 [...]
Banks Island announces that The Company announces it will increase the non-brokered private placement disclosed in the news release dated December 13th 2013 to 3,000,000 flow-through share units at a price of $0.58 per Flow-Through Unit and 576,923 common share units at a price of $0.52 per Common Share Unit to raise gross proceeds of $2,040,000 [...]
Banks Island announces a non-brokered private placement offering to sell up to 1,206,897 flow-through share units at a price of $0.58 per Flow-Through Unit and 576,923 common share units at a price of $0.52 per Common Share Unit to raise gross proceeds of $1,000,000. Each Flow-Through Unit consists of one flow-through common share and one-half of [...]
VANCOUVER, BRITISH COLUMBIA--(Marketwired - Nov 13, 2013) - Banks Island Gold Ltd. (TSX VENTURE:BOZ) (the "Company") is pleased to provide an update on the exploration program on the Yellow Giant Gold Project located near Prince Rupert, BC. Company geologists are currently working on structural interpretation of faults in a 2km section of the [...]