Damara Gold Corp. is pleased to announce more high-grade assays from its orogenic-style Kodiak Zone discovery on the Company's Placer Mountain project in Southern BC . The mineralization is characterized by quartz-sulphide veining with clay-sericite alteration halos, hosted within intrusive rock near to the contact with Nicola Group volcanic and [...]
Damara Gold Corp. is very pleased to announce it has confirmed a new high-grade gold zone at its Kodiak Zone prospect, located on the Company's Placer Mountain project. The Company rushed the processing and assays for hole KZ-21-05 which intersected 3.0 m of 39.2 g/t Gold and 80.4 g/t Silver within a new orogenic-style vein system discovered [...]
Damara Gold Corp. is pleased to report that it's 2021 drill program has successfully extended gold mineralization at the Main Vein, which continues to remain open to the west, with drill hole MV-21-06 intersecting 1.40 m of 34.12 g/t Au and 87.74 g/t Ag on its Placer Mountain Project south of Princeton, BC. This news release reports the first 6 of [...]
Damara Gold is pleased to announce the appointment of Ronald L. Parratt as director of the Company. Ron has over 40 years of exploration experience for precious metals including service with Santa Fe Pacific Gold Corp., Homestake Mining Company, AuEx Ventures Inc. and Renaissance Gold Inc. During his years of precious metals experience, Ron had [...]
Damara Gold is pleased to announce that the final shipment of drill core samples from its 2021 drill program on its Placer Mountain Project south of Princeton, BC have now been received by MSALABS in Langley, BC. Sample shipments were prepared in batches, with the first shipment made in mid-December. Assays for the initial shipment are expected to [...]
Damara Gold Corp. announces further to the news release of April 30, 2021 announcing the exercise of the option from Universal Copper Ltd. and Sydney Wilson via an assignment agreement between Damara and CanaGold Resources Ltd. pursuant to which the Company acquired a 75% interest in the Placer Mountain property, the Company has now issued the [...]
Damara Gold Corp. is pleased to announce it has completed it's 2021 drill program on its Placer Mountain Project south of Princeton, BC . 1,061 meters were drilled from 10 holes at the Main Zone and 709 meters were drilled in 8 holes at the new Kodiak Zone, for a total of 1,770 meters of drilling in 18 holes on the Property. Core cutting and [...]
Damara Gold Corp. , announces it has completed the previously announced financing today wherein the Company has issued 1,944,444 common shares of the Company issued on a flow-through basis at a price of $0.09 per FT Share for gross proceeds of $174,999.96 . The FT Proceeds will be used for expenditures which qualify as Canadian Exploration Expenses [...]
Damara Gold Corp. , announces it has increased the previously announced financing wherein the Company has increased the Offering to include up to 1,944,444 common shares of the Company issued on a flow-through basis at a price of $0.09 per FT Share for gross proceeds of up to $175,000 . The Offering remains subject to the approval of the TSX [...]
Damara Gold Corp. , announces it will complete a non-brokered private placement for gross proceeds of $150,000. The Offering will consist of 1,666,667 common shares of the Company issued on a flow-through basis at a price of $0.09 per FT Share for gross proceeds of $150,000 The Offering remains subject to the approval of the TSX Venture Exchange [...]
Damara Gold Corp. is pleased to announce the Phase II soil sampling at the Kodiak Zone has expanded the size of the anomaly to 400 meters in width and 1.2 kilometers in length, with individual soil samples grading up to 18,067 ppb gold and 52.1 g/t silver on its Placer Mountain Project south of Princeton, BC . Preliminary trenches excavated within [...]
Damara Gold Corp. is pleased to announce it has discovered a new zone of mineralized quartz veins, completed mechanized trenching and commenced core drilling on its Placer Mountain Project south of Princeton, BC . Trenching Completed at the New Kodiak Zone Discovery The Company has now completed a mechanized trenching program consisting of the [...]
