BCGold is pleased to announce that it has closed the first tranche of its previously announced private placement by issuing 1,500,000 Units at a price of $0.05 per Unit for gross proceeds of $75,000. Each "Unit" comprises one common share and one-half of a common share purchase warrant (a "Warrant"). Each Warrant is exercisable to purchase one [...]
BCGold is pleased to announce that the Company has entered into a Letter Agreement with Kaiyue International whereby, subject to regulatory approval, Kaiyue can earn up to a 70% interest in BCGold's 100% controlled Toe Property. BCGold Corp. has granted Kaiyue the option to acquire a 60% interest in the Toe Property by making $255,000 in cash [...]
BCGold is pleased to announce that it has successfully dewatered 6 Level of the Engineer Mine and that dewatering of 7 Level is near completion. The Company is dewatering 6 and 7 Level of the underground mine workings to access the down-plunge extension of the 505-3 and 505-5 gold shoots discovered on 5 Level during the Company's 2011 bulk sampling [...]
BCGold announces a non-brokered private placement of up to $500,000 through the issuance of 10,000,000 Units at a price of $0.05 per Unit. Each "Unit" will comprise one common share and one-half of a common share purchase warrant. Each Warrant is exercisable to purchase one BCGold Corp. common share at a price of $0.10 per share for a period of two [...]
BCGold is pleased to announce that exploration and mining crews have mobilized to the Engineer Mine property to commence the 2012 exploration and development program. The fully funded $550,000 program will consist of the following: - dewatering 6 and 7 Level of the underground mine workings to access the down-plunge extension of the 505-3 and 505-5 [...]
BCGold is pleased to announce receipt of a cash payment of US$107,000 (Net) for gold recovered from approximately 0.8 dry metric tonnes (dmt) of gold-rich gravity concentrate produced during the Company's 2011 bulk sampling program at the historic Engineer Mine property. By the terms of a recently signed concentrate purchase agreement with Auramet [...]