UrbanGold Minerals Inc. is pleased to announce a non-brokered private placement for $1,000,000 with Palisades Goldcorp Ltd. . The Private Placement consists of the sale of 4,166,667 units of the Company priced at $0.24 per Unit resulting in gross proceeds of $1,000,000. The Units will be comprised of one common share of the Company and one Common [...]
UrbanGold Minerals Inc. is pleased to announce the start of drilling operations on its 100%-owned Pallador Project in the Troilus area, Quebec. The diamond drill program of up to 2,500 metres will focus on gold exploration targets identified over the course of the summer and previously established targets. The Company is well funded to complete the [...]
UrbanGold Minerals Inc. is pleased to report it has completed a 1,866 line-km high resolution magnetic survey over large portions of its 100%-owned Pallador project in the Troilus area, Quebec. One portion of the area covered is located less than 700 metres from Kenorland Minerals recently announced drill results which includes an intersection of [...]
UrbanGold Minerals Inc. is pleased to report it will begin a minimum 2,500 metre drill program in August 2020 on the Company's 100%-owned Pallador Project in the Troilus area, Quebec. The upcoming drill program will test the newly discovered gold bearing quartz vein system announced yesterday where several grab samples have returned values of up to [...]
UrbanGold Minerals Inc. is pleased to report initial exploration results on the Company's 100%-owned Pallador Project in the Troilus area, Quebec. UrbanGold geologists conducted initial bedrock mapping and boulder hunting on the main block of the Pallador Project and other areas of importance in June 2020. In total, 531 samples have been submitted [...]
UrbanGold Minerals Inc. announces the appointment of Réjean Gosselin as Independent Director of the Company subject to the TSX Venture Exchange approval. Mr. Gosselin is a mining executive and geologist who holds a Masters of Science in Geology from Laval University in Quebec and has more than 40 years of experience in the Canadian mining industry [...]
UrbanGold Minerals Inc. is pleased to announce it is expanding its land position in the Troilus area by entering into a definitive agreement with SOQUEM pursuant to which it is acquiring 100% of the Dileo-Nord Property . The Property, consisting of 77 claims totaling 4,182 hectares, is adjacent to UrbanGold's Bullseye property on which it is in a [...]
UrbanGold Minerals Inc. is pleased to announce the signing of an option agreement with Goliath Resources Inc. for its Lac James property located in the Chibougamau area, Quebec. The Property, wholly-owned by UrbanGold, consists of 28 claims and is adjacent to the Joe Mann deposit, a historical high-grade gold mine that produced a total of 1.525 Mt [...]
UrbanGold Minerals Inc. announces the start of surface work at its Kiyask property . The Property consists of several blocks of claims all located between 5 and 20 kilometres northeast of the Urban-Barry mill operated by Bonterra Resources. Although the Property is known to contain at least 5 gold occurrences, the work will focus on the historical [...]
UrbanGold Minerals Inc. is pleased to announce the commencement of its first exploration program on its 100% owned Elmer-East property located in James Bay, Quebec along the same greenstone belt as Azimut Exploration's Elmer recent gold discovery of 3.15 g/t Au over 102.0m in drilling . Historical reports indicate that almost no surface work has [...]
UrbanGold Minerals Inc. is pleased to report it has hired geologist Robert Fraser as the Company's senior technical advisor. Mr. Fraser was directly responsible for discovery of the Troilus Mine in the late 1980s by Kerr Addison Mines Ltd. Mathieu Stephens, President and CEO for UrbanGold commented: "We are very pleased that Mr. Fraser contacted [...]
UrbanGold Minerals Inc. is pleased to announce that it has closed its previously disclosed non-brokered private placement of units of the Company , pursuant to which UrbanGold issued an aggregate of 8,000,000 Units for gross proceeds of $1,000,000. Each Unit is comprised of one common share of the Company and one Common Share purchase warrant [...]
