Angus Gold Inc. announces that it has granted options to acquire a total of 1,275,000 common shares of the Company to officers, directors, employees, and consultants, pursuant to the Company's Stock Option Plan, at the exercise price of $0.65 per share for a period of five years, subject to vesting requirements. Additionally, the Company has [...]
Highlights: David Palmer appointed as Chairman and Director of the Company Breanne Beh appointed President and CEO, effective July 10, 2023 Appointments are part of the Company's initiative to build a strong executive team and to follow up on the new gold discoveries at the Golden Sky Project in Wawa, Ontario. TORONTO, June 28, 2023 -- [...]
Highlights: Winter 2023 infill drilling program at the Dorset Zone intersected significant gold mineralization including 5.1 g/t Au over 8.0 metres within a broader zone of 2.8 g/t Au over 16.0 metres and 3.4 g/t Au over 6.0 metres within a wider interval of 2.2 g/t Au over 16.0 metres Nine of the final fifteen winter drill holes were completed as [...]
Highlights: Dorset-style gold mineralization intersected in all seven infill holes drilled west of the current resource area. Infill drilling intersected significant gold mineralization grading up to 1.4 g/t Au over 23.5 metres, including 8.4 g/t Au over 3.0 metres. This follows previously released results, which extended the Dorset Zone an [...]
Angus Gold Inc. is pleased to announce a non-brokered private placement consisting of up to 4,000,000 flow-through shares of the Company at a price of C$1.00 per FT Share and up to 1,500,000 hard dollar shares of the Company at a price of C$0.72 per Hard Share for aggregate gross proceeds of up to C$5,080,000 . The net proceeds from the Offering [...]
Highlights: The 2022 drill program on the Dorset Gold deposit was successful in doubling the strike length of gold mineralization outside of the historic resource area from 750 metres to 1.7 kilometres Step-out drilling approximately 450 metres west of the Dorset Zone resource area intersected significant gold mineralization grading up to 1.4 g/t [...]
Highlights: Hole GS-22-047, drilled approximately 500 metres step-out east of its Dorset Gold Zone Resource Area, intersected a high-grade interval of 4.1 g/t Au over 12.0 metres within a broader mineralized zone of 1.3 g/t Au over 52.0 metres at 120 metres vertical depth, potentially almost doubling the strike length of the gold resource Hole [...]
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 [...]