Drill core resampling confirms bulk tonnage target potential at Backyard prospect Rock grab samples return multi-ounce assay results at Taurus and Lucky New data supplements ongoing compilation work for drill target generation at Cassiar Margaux Resources Ltd. is pleased to share analytical results from the 2019 field season at its Cassiar Gold [...]
Margaux Resources Ltd. has elected to terminate the option agreements on the Jackpot and Old Timer properties in southern British Columbia. Margaux entered into an option agreement with a third party in 2016 giving the Company the exclusive option to acquire the Jackpot Property by making payments to the third party of an aggregate $340,000 cash [...]
1MM oz gold Inferred Resource at 0.7 g/t Au cut-off for past-producing Taurus Property Margaux Resources Ltd. recently filed a National Instrument 43-101 Technical Report to support its maiden mineral resource estimate for the Taurus Deposit on the Cassiar Gold property in British Columbia, Canada . Details of the 1 MM oz gold inferred resource at [...]
Margaux Resources Ltd. is pleased to announce that further to its press release dated October 7, 2019, and subject to receiving TSX Venture Exchange approval, it has closed its non-brokered private placement by issuing: 555,555 units of the Company at a price of $0.09; and 5,410,000 flow-through units at a price of $0.10 per Flow-Through Unit. The [...]
Margaux Resources Ltd. is pleased to announce that it has received final approval from the TSX Venture Exchange for its previously announced option agreement with Wildsky Resources Inc. . The Option Agreement provides Margaux with the option to acquire a 100% interest in the Cassiar Gold Project in northern British Columbia. In addition, the TSXV [...]
Margaux Resources Ltd. is pleased to announce that subject to TSX Venture Exchange approval, it intends to issue, pursuant to a non-brokered private placement, up to: 3,333,333 units of the Company at a price of $0.09 per Unit; and 4,090,909 flow-through units of the Company at a price of $0.11 per Flow-Through Unit, for aggregate gross proceeds of [...]
1MM oz gold Inferred Resource at 0.7 g/t Au cut-off for past-producing Taurus Property Margaux Resources Ltd. is pleased to announce its maiden mineral resource estimate for the Taurus Deposit on the Cassiar Gold property in British Columbia, Canada. "The Taurus resource estimate confirms the potential for significant bulk-tonnage deposits at the [...]
Margaux Resources Ltd. is pleased to announce that further to its press release dated May 14, 2019 and June 3, 2019, and subject to receiving TSX Venture Exchange approval, it has closed the second tranche of its non-brokered private placement by issuing: 7,857,144 units of the Company at a price of $0.07; and 2,000,000 flow-through units at a [...]
Margaux Resources Ltd. is undertaking a compilation and analysis of data from the recently acquired Cassiar Gold Project in northern British Columbia . Highlights include the following historic drill intercepts from the Taurus prospect: ddh 07TC-01 116.3 m @ 2.23 grams per tonne gold ddh T95-29 118.0 m @ 1.87 grams per tonne gold, including 86.0 m [...]
Margaux Resources Ltd. is pleased to announce it has granted an aggregate of 3,975,000 Common Share purchase options in accordance with the Company's shareholder approved stock option plan. These stock options include 1,500,000 options to directors, being Messrs. James Letwin, Robert Derkitt, Douglas Foster and Chris Stewart; 825,000 to officers [...]
Margaux Resources Ltd. is pleased to announce that the shareholders of Wildsky Resources Inc. approved the sale of its 100% interest in the Cassiar Gold Project in northern British Columbia by way of an all-share option agreement with Margaux . The Cassiar Property is a road-accessible, advanced-stage orogenic gold system, with a historical [...]
Margaux Resources Ltd. is pleased to announce that further to its press release dated May 14, 2019, and subject to receiving final regulatory approvals, it has closed the first tranche of its non-brokered private placement by issuing: 1,645,345 units of the Company at a price of $0.07; and 375,000 flow-through units at a price of $0.08 per [...]