MONTREAL, April 11, 2018 -- Algold Resources Ltd. today announced the results from the first 28 drill holes carried out at the high-grade Salma Vein System located at the Corporation’s Tijirit Project in Mauritania. The Salma Vein System, discovered in mid-2017, extends over a 10-kilometer strike and is located only five kilometers northeast [...]
MONTREAL, March 21, 2018 -- Algold Resources Ltd. is pleased to announce the appointment of Benoit La Salle as Chief Executive Officer. Mr. La Salle will continue to serve as Chairman of the Board of Algold, a position that he has occupied since early 2013. Mr. La Salle, FCPA, FCA, has over 20 years of experience in the development and operation of [...]
MONTREAL, March 20, 2018 -- Algold Resources Ltd. is pleased to announce that it has raised aggregate gross proceeds of $1,159,960 by issuing a total of 8,285,429 units at a price of $0.14 per Unit under its brokered private placement offering of Units and concurrent non-brokered private placement offering of Units . A total of $700,000 was raised [...]
Algold Resources is pleased to announce the granting of a total of 300,000 stock options to Lucas Werner Claessens and Brahim Ahmed Salem Ghadda, each of whom joined its board of directors on February 6, 2018. These grants were made in accordance with Algold's policies for new directors. Each option expires after 10 years and is exercisable at a [...]
MONTREAL, Feb. 26, 2018 -- Algold Resources Ltd. today announced an updated mineral Resource Estimate, prepared in accordance with the reporting guidelines as set out in National Instrument 43-101 - Standards of Disclosure for Mineral Projects as required by the Canadian Securities Administrators, for its Tijirit Property in Mauritania. The [...]
MONTREAL, Feb. 08, 2018 -- ALGOLD RESOURCES LTD. today announced assay results from a trenching and pitting program carried out in late Q4 2017 at the high-grade Salma zone located at the Corporation’s Tijirit project in Mauritania. The Salma Vein, discovered in mid-2017 , is located only five kilometers northeast of the Eleonore zone. The [...]
MONTREAL, Feb. 06, 2018 -- Algold Resources Ltd. is pleased to announce that it has closed its CDN $2 million private placement and 1.5% NSR royalty grant for CDN $2.8 million for the Tijirit Gold Project with Osisko Gold Royalties Ltd. . Osisko is investing CDN $4.8 million in total gross proceeds and owns approximately 12.6% of Algold’s [...]
MONTREAL, Feb. 01, 2018 -- Algold Resources Ltd. is pleased to announce that it has entered into a non-binding agreement with Osisko Gold Royalties Ltd. to complete a CDN $2 million private placement and grant a 1.5% NSR royalty on the Tijirit Gold Project for a consideration of CDN $2.8 million, for total gross proceeds of CDN $4.8 million. The [...]
MONTREAL, Dec. 06, 2017 -- Algold Resources Ltd. today announced additional assay results from diamond and reverse-circulation drilling carried out on its Tijirit property in Mauritania as part of the Corporation's Phase III 30,000-meter drilling program completed on August 25, 2017 . Algold also reported on recent pitting and trenching activities [...]
Algold Resources today announced additional assay results from diamond and reverse-circulation drilling carried out on its Tijirit property in Mauritania as part of the Corporation’s Phase III 30,000-meter drilling program completed on August 25, 2017. The results, which include 6.14 g/t Au over 4 meters, continue to demonstrate the [...]
MONTREAL, Nov. 02, 2017 (GLOBE NEWSWIRE) -- Algold Resources Ltd. (TSXV:ALG) (the "Corporation") today announced results of expanded metallurgical tests results from drill core samples at the Tijirit project ("Tijirit") in Mauritania, and these tests continue to demonstrate Tijirit's exploration and mining potential. Following the positive [...]
MONTREAL, Oct. 03, 2017 (GLOBE NEWSWIRE) -- Algold Resources Ltd. (TSX-V:ALG) ("Algold" or the "Corporation") today announced assay results, including high grade values of 100 g/t Au and 89 g/t Au, from rock chip panel (1m2) sampling carried out on the new Salma vein at the Corporation's Tijirit project in Mauritania. Assay results from the [...]
