Angus Gold Inc. is pleased to announce it has completed all the earn-in obligations and exercised its option to acquire 100% interest in the Mishi Property from IAMGOLD Corporation , part of the Golden Sky Project . Under the amended terms of the Mishi Option Agreement dated January 24, 2023, Angus shall issue 700,000 shares to IAMGOLD, subject to [...]
Highlights: Successful 2022 drilling season at the Golden Sky project, completed a total of 42 drill holes for approx. 9,500 metres Assays results from 35 drill holes are pending Multiple regional exploration targets identified across the Golden Sky district Fully funded exploration budget including a 10,000-metre drill program in 2023 TORONTO [...]
Angus Gold Inc. announces that it has granted options to acquire a total of 1,350,000 common shares of the Company to officers, directors, employees, and consultants, pursuant to the Company's Stock Option Plan, at the exercise price of $1.03 per share for a period of five years, subject to vesting requirements. Additionally, the Company has [...]
Highlights: Second drill added to follow-up on high-grade gold mineralization and other high-priority gold targets along the Dorset Deformation Zone New results from the Q1-2022 drilling program at Dorset returned anomalous gold zones from all seven holes drilled, including 0.6 g/t Au over 21 metres, 1.6 g/t Au over 5.1 metres and 1.2 g/t Au over [...]
Highlights: One drill has mobilized to the Banded Iron Formation target to further define the two new gold discoveries announced earlier this year, intersecting thick, well-mineralized zones including 61.3 metres at 0.94 g/t Au in hole GS21-14 and 18.7 metres at 1.0 g/t Au in hole GS21-15. New, untested, priority BIF geophysical targets will also [...]
Angus Gold Inc. is pleased to announce that it has closed its previously announced non-brokered private placement consisting of the sale of 5,057,000 flow-through common shares of the Company at a price of CAD$1.15 per FT Share for total gross proceeds of CAD$5,815,550. In connection with the Offering, funds managed by Delbrook Capital Advisors [...]
Angus Gold Inc. is pleased to announce that it has completed the acquisition of a 100% interest in key mineral claims that are contiguous and adjacent to the Golden Sky Project located near Wawa, Ontario. The Golden Sky project, situated between Wesdome Gold Mines' Eagle River and past-producing Mishi Pit mines, is the site of significant new gold [...]
Angus Gold Inc. is pleased to announce that it has completed the acquisition of a 100% interest in six mineral claims that are contiguous and adjacent to the Golden Sky Project located in Wawa, Ontario. The Company also announces that it has recently staked an additional 49 mineral claims . The Golden Sky project is the site of significant new gold [...]
Highlights: Drilling within the Banded Iron Formation has identified two thick gold zones at shallow depths representing the first ever reported drill discoveries Results confirm potential for a robust gold system within the BIF with intervals of up to 61.3 metres grading 0.94 g/t Au, including 25.6 metres of 1.5 g/t Au, 5.0 metres of 2.4 g/t Au [...]
Preliminary results from the first phase drill program confirm the potential for high-grade gold mineralization on the historically under-explored Dorset Deformation Zone Hole GS-21-02 returned one of the best intercepts to date; confirms high-grade potential of the Dorset Gold Zone with a thick interval of 5.4 g/t Au over 9 metres within a broader [...]
Angus Gold Inc. announces that it has granted options to acquire a total of 985,000 common shares of the Company to officers, directors, employees, and consultants, pursuant to the Company's Stock Option Plan, at the exercise price of $0.90 per share for a period of five years, subject to vesting requirements. Additionally, the Company has granted [...]
Angus Gold Inc. is pleased to announce the commencement of drilling at its 100%-owned Golden Sky Project located in Wawa, Ontario. The Project is immediately adjacent to the Eagle River Mine of Wesdome Gold Mines Ltd. in Wawa. The 20,000-metre drill program will focus on two target areas within the property: the Dorset Deformation Zone, which is [...]