Phoenix Gold, is pleased to announce an offering of units of the Company to raise an amount of up to C$250,000 through the issuance of Units at a price of C$0.05 per Unit to existing shareholders of the Company. Each Unit is comprised of one common share and one-half common share purchase warrant, and each whole warrant entitles the holder to [...]
Phoenix Goldis pleased to announce the results from the surface sampling and prospecting programs and the locations of 7 proposed drills holes at its 50% owned Eldorado Property located at Battle Mountain, Nevada. All the results from the chip and soil samples taken during the recently completed mapping and prospecting program on the Eldorado [...]
Phoenix Gold is pleased to announce additional results from the surface sampling and prospecting programs and an update on the release of drill results from recent drilling at its 100% owned Plumas Property located at Battle Mountain, Nevada. Additional samples from a follow-up surface sampling program on the Plumas Property have been received and [...]
U.S. government debt has surged $1 trillion in the last 12 months, which combined with U.S. business and personal debt, has now reached a mind-boggling $60 trillion - 25 times the total debt that existed when the U.S. uncoupled from the gold standard in 1971. If rampant money printing leads to the global devaluation of paper currency there will be [...]
Phoenix Gold today announced the release of its first drill results from the first 3 drill holes confirming the Company's expectations of a large mineralized sulphide system at its 100% owned Plumas Property, located immediately adjacent to Newmont's Phoenix Fortitude mine at Battle Mountain, Nevada. The Company believes that the existence of [...]
Phoenix Gold Resources is pleased to announce that today it completed the second tranche of the non-brokered private placement raising gross proceeds of $169,500 as part of the $374,500 total aggregate gross proceeds to date under the Private Placement with the issuance of 3,745,000 units of the Company at a price of $0.10 per Unit. Each Unit is [...]
According to the International Monetary Fund (IMF), Moscow's 2014 gold buying increased from 5 tonnes in the first three months of the year to 55 tonnes by June of 2014. The 1000% increase was driven by rising military tensions in the Ukraine and a possible global decoupling from the U.S. dollar. With the U.S, Japan and the U.K having printed over [...]
Phoenix Gold is pleased to announce that today it completed the first tranche of the non-brokered private placement raising gross proceeds of $205,000 and issued 2,050,000 units of the Company at a price of $0.10 per Unit. Each Unit is comprised of one common share and one-half common share purchase warrant, and each Warrant is exercisable at a [...]
Phoenix Gold today announced the completion of the third drill hole, and plans to add a number of drill holes to the current drill program because of the increased potential size of the mineralization at its 100% owned Plumas Property, located immediately adjacent to Newmont's Phoenix Fortitude mine at Battle Mountain, Nevada and to increase in the [...]
Phoenix Gold wishes to announce that it intends to complete a non-brokered private placement of up to $450,000 and has made arrangements to settle US$50,000, owed to a creditor in connection with consulting services provided to the Company. The Company intends to undertake the non-brokered Private Placement of up to 4,500,000 units (the "Units") of [...]
Phoenix Gold Resources is pleased to announce the results from the surface sampling and prospecting programs, the locations of the 8 drills holes and the completion of the first drill hole (CPL-1) at its 100% owned Plumas Property located at Battle Mountain. All the results from the rock chip samples taken during the recently completed mapping and [...]
Phoenix Gold Resources is pleased to announce that it has completed the detailed mapping and prospecting program and plans to start the drill program on the Company's mineral properties located at Battle Mountain. The Company has completed the detailed mapping and prospecting program (the "Program") on its Phoenix Gold Properties. Based on the [...]
