Savary Gold shareholders approved all matters put forth at the annual and special meeting of shareholders of Savary held on June 23, 2015. Approval of Board of Directors Messrs. Don Dudek, Daniel Nocente, Thomas Olesinski, Craig Pearman, and Paolo Lostritto have all been re-elected as directors of the board. Approval of Control Person The [...]
Several new zones discovered with intercepts of 13.89 g/t gold over 4 metres and 5.21 g/t gold over 9 metres TORONTO, ONTARIO--(Marketwired - Jun 16, 2015) - Savary Gold Corp. (TSX VENTURE:SCA) ("Savary" or the "Company") is pleased to announce its best drill intercept to date which returned 3.33 g/t gold over 41 metres at the Karangosso Zone [...]
TORONTO, ONTARIO--(Marketwired - April 23, 2015) - Savary Gold Corp. (TSX VENTURE:SCA) ("Savary" or the "Company") has commenced a 15,000 metre drill program at its Karankasso JV project ("JV Project") in Burkina Faso, owned 65% by Savary and 35% by Sarama Resources Ltd. ("Sarama"). Following approval of the program, Savary mobilized a drill [...]
TORONTO, ONTARIO--(Marketwired - Mar 31, 2015) - Savary Gold Corp. (TSX VENTURE:SCA) ("Savary" or the "Company") has granted a total of 2,400,000 stock options to its officers, directors and certain consultants. The stock options vest immediately, subject to a four month regulatory hold period, and may be exercised at a price of $0.06 per option [...]
Savary has closed its non brokered private placement financing announced on February 26, 2015, which was upsized on March 12, 2015, for total gross proceeds of $3,000,000. The financing was oversubscribed and the Company scaled back the financing to $3,000,000. Mr. Don Dudek, President and CEO of Savary Gold commented: "I am pleased to welcome Ross [...]
TORONTO, ONTARIO--(Marketwired - March 12, 2015) - NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES Savary Gold Corp. (TSX VENTURE:SCA) has increased the size of its private placement financing announced on February 26, 2015, to up to $3,000,000 due to investor interest (the "Offering"). Accordingly, Savary will issue [...]
TORONTO, ONTARIO--(Marketwired - Feb. 26, 2015) - NOT FOR DISSEMINATION IN THE UNITED STATES OR THROUGH U.S. NEWSWIRE SERVICES Savary Gold Corp. (TSX VENTURE:SCA) has launched a non-brokered private placement financing for total gross proceeds of up to $2,000,000 at a price of $0.05 per Unit (the "Offering"). Each Unit will be comprised of one [...]
Five to Eight Kilometres Wide by 45 Kilometres Long Prospective Corridor for Gold Mineralization TORONTO, ONTARIO--(Marketwired - Dec 15, 2014) - Savary Gold Corp. (TSX VENTURE:SCA) ("Savary") and Sarama Resources Ltd. (TSX VENTURE:SWA) ("Sarama") announce new grab sample assay results from a recently completed field program on the Karankasso JV [...]
TORONTO, ONTARIO--(Marketwired - Nov 3, 2014) - Savary Gold Corp. (TSX VENTURE:SCA) ("Savary") has issued 13,338,729 common shares to Endeavour Mining Corporation to be held in escrow in connection with the option agreement for the Houndé South gold project located in south-west Burkina Faso. The option and earn-in agreement among the parties called for Savary to incur US$3 million in exploration expenditures and issue common shares of Savary representing 19.99% of the issued and outstanding shares to Endeavour. The parties have entered into a declaration of trust whereby Endeavour will hold the Houndé South concessions in trust for the benefit of Savary until such time as the concessions are formally transferred by the authorities in Burkina Faso. The 1... [...]
Historic Holes Return 2.90 g/t Gold Over 21.0 Meters TORONTO, ONTARIO--(Marketwired - Oct 1, 2014) - Savary Gold Corp. (TSX VENTURE:SCA) ("Savary") announce newly documented results of historic drill intercepts on the Kueredougou West zone on the Houndé South property in southwestern Burkina Faso (see figure). The Hounde South property forms part of the recently announced joint venture between Savary (65%) and Sarama Resources Ltd. (35%). Savary is the operator of the joint venture. A summary of significant results* are as follows: 2.90 g/t gold over 22.0 metres - RC hole 1.75 g/t gold over 8.0 metres - RC hol... [...]
TORONTO, ONTARIO--(Marketwired - Aug 21, 2014) - Savary Gold Corp. (TSX VENTURE:SCA) ("Savary") reports the results of the preliminary metallurgical testing completed on seven samples from three of the four mineralized zones on Savary's Houndé South property (see Figure 1 for general location) in southwestern Burkina Faso. The property, which is accessible by paved highway, is located approximately 300 kilometres southwest of the Capital Ouagadougou, and 60 kilometres east of Bobo Dioulasso, the second largest city in Burkina Faso. Both rail and grid power come within approximately 65 kilometres of the Houndé South property. A summary of significant cyanide bottle roll r... [...]