Emgold Mining Corp. announces it has signed a Letter of Intent with Searchlight Resources Inc. giving it the option to acquire a 100% interest the New York Canyon Property, NV , subject to underlying royalties. The Property includes 21-patented mineral claims and 60-unpatented mining claims, along with a significant database of historic [...]
Today's buy recommendation comes from Tormont50 Research, the research platform of financial advisor firm the Tormont Group, which features growth opportunities in the small and microcap space. Analyst Jim McFadden gives Emgold Mining Corp. a fair value estimate of $0.40 per share, a premium of 150% to the $0.16 price on April 11th, the day the [...]
Emgold Mining Corp. announces it has signed a Letter of Intent with Nevada Sunrise LLC, a private Nevada company, giving it the right to purchase 12 unpatented mining . The Company has also signed a second Letter of Intent with BL Exploration LLC, a second private Nevada company, giving it the right to purchase 18 unpatented mining claims [...]
Emgold Mining Corporation announces the grant of 1.5 million incentive stock options , pursuant to its Stock Option Plan , to directors, officers, employees, and consultants of the Company. The Options are exercisable at a price of C$0.20 per common share of the Company for a period of 5 years from the date of grant. Any common shares to be issued [...]
Emgold Mining is pleased to note that Troilus Gold Corp, has reported new drill results from its 2019 exploration program at its Troilus Gold Project, located within the Frotet-Evans Greenstone Belt in Quebec. Intercept highlights reported include: 36 m of 1.10 g/t AuEq, including 6 m of 11.36 g/t AuEq and 6 m of 4.46 g/t AuEq in hole [...]
Emgold Mining Corp. announces it has completed a third and final tranche of a non-brokered private placement by the issuance of 1,808,817 units issued as a price of CDN$0.12 per Unit for gross proceeds of CDN$217,058.04. Together with the first and second tranche of the Financing, closed on March 8 and March 28, 2019 respectively, the Company has [...]
Emgold Mining Corp. is pleased to announce that it has completed 3,021 m of diamond drilling at the Casa South Property, Quebec . Core logging is underway and initial samples have been sent for assaying, with assays pending. The main objective of the drill program was to test the Kama Trend gold bearing structure located just to the south of the [...]
Emgold Mining Corp. announces that, subject to TSX Venture Exchange approval, Emgold proposes to carry out a non-brokered flow-through private placement of up to 7,500,000 units of the Company issued at a price of CDN$0.20 per Unit to raise up to CDN$1.5 million. Each Unit will consist of one common share issued as a flow-through share of the [...]
Emgold Mining Corp. announces it has completed a second tranche of a non-brokered private placement by the issuance of 650,000 units issued as a price of CDN$0.12 per Unit for gross proceeds of CDN$78,000. Together with the first tranche of the Financing, closed on March 8, 2019, the Company has raised aggregate gross proceeds of CDN$731,748. Each [...]
Emgold Mining Corp. announces it has commenced an exploration program at its recently optioned Casa South Property. The Program will consist of 3,000 meters of diamond drilling targeting a high priority area defined as the Kama trend. The Kama Trend - a major gold bearing structure approximately 7 km long by 2 km wide is located just south of the [...]
Emgold Mining Corp. announces it has closed this day the acquisition of an option to acquire up to a 91% interest in the Casa South Property, QC , as previously announced and more fully described in Company's press release on December 14, 2018 and in March 19, 2019 . All currency amounts in this press release are in $CDN. The Transaction is an [...]
Emgold Mining Corp. announces it has obtained conditional approval from the TSX Venture Exchange to acquire up to a 91% interest in the Casa South Property, QC . Closing of the transaction is subject, among others conditions, to final approval by the Exchange. All currency amounts in this press release are in $CDN. The Transaction, originally [...]