Pasofino Gold Ltd. announces that on June 24, 2021, it granted 22,650,000 incentive stock options to directors and officers. The incentive stock options have an exercise price of $0.10 per share, are valid for a 5-year period from the date of grant and are subject to regulatory approval. The Company also announces that it has agreed with the [...]
Pre-Tax NPV5% of USD825 million, Pre-Tax IRR of 34% and AISC of USD893/oz Steady State Average Annual Gold Production of approximately 188Koz Base Case Development Contemplates 14-Year Mine Life Pasofino Gold Ltd. is pleased to announce that it has completed a PEA on the Dugbe Gold Project, which includes both the Dugbe F and Tuzon deposits. The [...]
Pasofino Gold Ltd. is pleased to announce that it has received encouraging results from the first 4 holes drilled since 2014 at the Tuzon deposit on the Dugbe Gold Project, in which the Company has an option to earn a 49% economic interest . Highlights 3 of the 4 holes are 'step-out' holes to test the lateral or strike extent of the relatively [...]
Pasofino Gold Ltd. is pleased to announce that it has received results from a further 17 holes drilled at the Dugbe F deposit and recognition of an extensive thickened zone. Dugbe F is one of two deposits on the Dugbe Gold Project, in which the Company has an option to earn a 49% economic interest . Highlights An area of approximately 800m by 100m [...]
Pasofino Gold Ltd. "Pasofino" or the "Company") is pleased to announce that it has received results from a further 18 holes drilled at the Dugbe F deposit. The drill results continue to prove the consistency of the grade throughout the deposit. Dugbe F is one of two deposits on the Dugbe Gold Project, in which the Company has an option to earn a [...]
Pasofino Gold Ltd. today announced that it has closed a transaction and pursuant to an agreement with QC Copper and Gold Inc. , whereby Pasofino sold its 50% interest in the advanced-stage Roger Gold-Copper Project , located in Quebec's prolific Abitibi Greenstone Belt, to QC Copper . Terms of the Transaction Pasofino transferred its 50% interest [...]
Pasofino Gold Ltd. is pleased to announce that it has received positive results for trenches on strike from the Tuzon deposit at its Dugbe Gold Project, in which the Company has an option to earn a 49% economic interest . The trench results support Pasofino's view that there are opportunities to add to the existing deposits. Highlights A 6 km long [...]
Pasofino Gold Ltd. announces that it has amended the terms of the agreement with QC Copper and Gold Inc. , whereby Pasofino is selling its 50% interest in the advanced-stage Roger Gold-Copper Project , located in Quebec's prolific Abitibi Greenstone Belt, to QC Copper . Pursuant to the amendment, the total purchase price under the Transaction [...]
Pasofino Gold Ltd. is pleased to announce that it has completed its previously announced marketed public offering of common shares in the capital of the Company , raising aggregate gross proceeds of $9,000,005. The Offering was conducted on a best-efforts agency basis by Stifel GMP as sole agent and bookrunner . Pursuant to the Offering, the [...]
Pasofino Gold Ltd. provides an update today that it has received a receipt for a final short form prospectus filed in each of the provinces of Canada, except for Québec, in connection with the previously announced marketed offering of common shares of the Company . The Prospectus provides that the Company will issue and sell 128,571,500 Offered [...]
Pasofino Gold Ltd. is pleased to announce that it has entered into an agreement to sell its 50% interest in the advanced-stage Roger Gold-Copper Project located in Quebec's prolific Abitibi Greenstone Belt to QC Copper & Gold . The purchase price under the Transaction is $2,250,000, payable as $1,000,000 in cash and $1,250,000 in shares of QC [...]
Pasofino Gold Ltd. provides an update today that it has filed an amended and restated preliminary short form prospectus in connection with the previously announced marketed offering of common shares of the Company . The Amended and Restated Prospectus provides that the price of the Offered Shares to be issued and sold pursuant to the Offering will [...]
