Kelowna, March 21, 2023 - South Atlantic Gold Inc. has completed the previously announced financing wherein the Company has issued today 5,100,000 common shares at a price of $0.05 for gross proceeds of $255,000 . Certain Insiders of the Company participated in the Offering for an aggregate amount of 200,000 Common Shares. Such participation is [...]
Vancouver, March 22, 2023 - Atco Mining Inc. is pleased to announce that it expects to receive final interpreted results from its recently completed airborne gravity survey shortly. Preliminary data from the airborne gravity survey recently conducted on its 100%-owned salt projects, located within the St. George's Bay Basin in southwestern [...]
Kelowna, March 3, 2023 - South Atlantic Gold Inc. reports today that it has entered into a further amendment effective February 28, 2023 to the previously announced property option agreement dated November 4, 2022 and subsequent first amendment dated January 4, 2023 with Quetzal Copper Limited to divest the Company's 100% interest in the Big Kidd [...]
South Atlantic Gold Inc. announces it intends to complete a non-brokered private of up to 5,000,000 common shares of the Company at a price of $0.05 per Share for gross proceeds of up to $250,000 . Proceeds will be used by the Company for general working capital and administrative purposes. Insiders of the Company, including certain directors are [...]
South Atlantic Gold Inc. reports today that it has entered into an amendment effective January 4, 2023 to the previously announced property option agreement dated November 4, 2022 with Quetzal Copper Limited to divest the Company's 100% interest in the Big Kidd Project. Under the terms of the Amendment the Company has agreed to extend the terms of [...]
Kelowna, November 10, 2022 - South Atlantic Gold Inc. is pleased to announce that the Brazilian environmental agency for the state of Ceará has commenced the evaluation process to license the Company's operations. The Company has also completed metallurgical testwork on the main ore zones of the Pedra Branca project as required by the mining [...]
Kelowna, November 9, 2022 - South Atlantic Gold Inc. is pleased to announce that it has entered into an option agreement to divest its 100% interest of the Big Kidd Project, British Columbia, to Quetzal Copper Limited , a British Columbia, corporation for a total consideration of $4.8 million and a 2% net smelter royalty upon completion of the [...]
Kelowna, October 31, 2022 - South Atlantic Gold Inc. announces that the board of directors of the Company effective October 21, 2022 have adopted a restricted share units and deferred share units long term incentive plan . The purposes of the LTIP will be to: provide the Company with a mechanism to attract, retain and motivate highly qualified [...]
Kelowna, August 31, 2022 - South Atlantic Gold Inc. is pleased to announce further exploration results from its previously announced Phase II program . Results include recently received assays from reconnaissance RC drilling which, when combined with geophysical, geochemical sampling of soils and trenches and geological mapping data has, for the [...]
South Atlantic Gold Inc. is pleased to announce that it has entered into a Memorandum of Understanding Agreement with the government of Ceará State, Brazil to support South Atlantic in the advancement and development of the Pedra Branca Project. Douglas Meirelles, CEO stated, "This signed MOU with the state government of Ceará represents a pledge [...]
South Atlantic Gold Inc. announces the continuance of consolidation and interpretation of the geological and geophysical data at the Pedra Branca project located in Ceará State, northeastern Brazil. A new updated map illustrates an anomaly resulting from the geophysical magnetic survey alongside with the 33 top intercepts to date from Phases I and [...]
South Atlantic Gold Inc. announces another milestone for the Phase II exploration program which included a high-resolution Unmanned Airborne Vehicle magnetic survey at its 100 percent owned Pedra Branca project, located in Ceará state, northeastern Brazil. The initial results of the UAV survey define a distinct signature over areas of known [...]
