Phoenix Gold Resources Corp. is pleased to announce that due to investor demand it has increased the size of its private placement previously announced on October 22, 2021. The Company now proposes to issue up to 3,000,000 units at C$0.40 per Unit for total gross proceeds of up to C$1,200,000. Each Unit will consist of one common share and one-half [...]
Phoenix Gold Resources Corp. is pleased to announce a non-brokered private placement offering to raise gross proceeds of up to $800,000 through the sale of up to 2,000,000 units of the Company at a price of $0.40 per Unit. Each Unit will consist of one common share and one-half common share purchase warrant, and each Warrant will entitle the holder [...]
Phoenix Gold Resources Corp. wishes to announce that further to its news release dated March 12, 2021, effective immediately it has terminated its agreement for the provision of investor relations services, including financial publishing and digital marketing services to improve the profile and market awareness of the Company with Wallace Hills [...]
Phoenix Gold Resources Corp. is pleased to provide initial assay results from 100 of 300 samples collected from the core in diamond drill holes YH21-04, -06, -08 and -09 selected for obvious massive sulphide mineralization. The diamond drill holes were completed as part of the Company's successful first phase of drilling on the York Harbour [...]
Phoenix Gold Resources Corp. is pleased to announce that its common shares now trade on the Frankfurt Stock Exchange under the WKN number "A2PGVP" and symbol "5DE". The listing of Phoenix Gold shares on the Frankfurt Stock Exchange will broaden the existing shareholder base in Europe, increase trading activity, and build European investor [...]
Phoenix Gold Resources Corp. reports that it has completed the Phase 1 diamond drilling program at the York Harbour Copper-Zinc-Silver Project approximately 27 kilometers west of Cornerbrook, Newfoundland. The Company completed nine drill holes, totalling 1,222 meters. Three holes were abandoned when they encountered a wide fault zone and a section [...]
Phoenix Gold Resources Corp. announces further to the initial news release dated July 21, 2021, the Company has completed a non-brokered private placement offering through the sale of 1,075,000 units , with each Unit being comprised of one common share of the Company and one share purchase warrant to purchase one additional Share of the Company [...]
Phoenix Gold Resources Corp. is pleased to provide an update on this summer's exploration program on the York Harbour Mine Property in western Newfoundland, Canada. Highlights from the Borehole and Surface Eletromagnetic Survey - Borehole electromagnetic survey has been completed and the data has been professionally interpreted by Crone Geophysics [...]
Phoenix Gold Resources Corp. is pleased to report results from its surface grab and channel sampling program at its York Harbour Mine Property in Newfoundland, Canada that targeted a 100 metre strike length of the 'A' Zone. The 'A' Zone was mined for its copper, zinc, and silver mineralization in the late 1800's and early 1900's where reportedly [...]
Phoenix Gold Resources Corp. is pleased to announce it has begun field work at the York Harbour Mine Property in Newfoundland . The field work will comprise borehole geophysical surveying, exploration diamond drilling, and later efforts to re-enter the underground mine workings. Eastern Geophysics Limited of Corner Brook, NL has been engaged to [...]
Phoenix Gold Resources Corp. is pleased to announce that it has signed a Letter Of Intent with ENE-MIN Development Corp. for an exclusive option to acquire up to 75% interest in the LiBeGa Lithium Project , comprising adjoining perimeters covering a total of 27 km² in Sibiu County, Romania . Pursuant to the LOI, the Company has paid a refundable [...]
Phoenix Gold Resources Corp. is pleased to announce that it has completed its non-brokered private placement offering raising gross proceeds of $1,000,000 through the sale of 2,500,000 units of the Company at a price of $0.40 per Unit. Each Unit is comprised of one common share and one common share purchase warrant of the Company, each Warrant [...]