Ranchero Gold Corp. is pleased to announce the closing of its draw-down facility with American PT Metals LLC . The Loan is made to an indirect wholly-owned subsidiary of the Company, Minera y Metalurgia Paika, S.A. de C.V. from Mexico Minerales y Metales Earth, S.A. de C.V. , a subsidiary of American Metals, in the aggregate principal amount of [...]
Ranchero Gold Corp. is pleased to provide an update of exploration efforts underway at its 100%-owned Santa Daniela gold project as well as an update of corporate activities. Highlights: Completion of its regional reconnaissance program at Santa Daniela Identification of five priority targets for follow-up exploration including detailed mapping [...]
Ranchero Gold Corp. announces that it has signed a Letter of Intent for a US$500,000 working capital loan from American PT Metals LLC. through its wholly owned subsidiary Mexico Minerales y Metales Earth S.A. de C.V. The principal amount of the Loan, which bears an annual interest rate of 12%, will be convertible during its two-year term into [...]
Ranchero Gold Corp. announces that it has terminated its marketed public offering that was previously announced on July 21, 2022 due to market conditions. The Company is in discussion with investors to fund the continued exploration work that is currently underway at its Santa Daniela gold project and will provide a financing update shortly [...]
Ranchero Gold Corp. is pleased to announce its intention to create, and subsequently spin-out, a one percent Net Smelter Royalty on any potential future mineral production at the Santa Daniela gold property. The NSR will initially be placed in a wholly-owned subsidiary . The intention is for the shares of SpinCo to be distributed to the [...]
Ranchero Gold Corp. announces that it has filed a preliminary short form prospectus with the securities regulatory authorities in each of the Provinces of Alberta, British Columbia, Manitoba, Nova Scotia and Ontario , in connection with a proposed marketed public offering of units of the Company at a price of $0.12 per Unit for aggregate gross [...]
Ranchero Gold is pleased to provide an update of its exploration program currently underway at its 100%-owned Santa Daniela gold concessions located within the prolific Sierra Madre Occidental gold belt in Sonora. Ranchero has successfully augmented its previous reconnaissance targeting effort in partnership with GoldSpot Discoveries. New targets [...]
Ranchero Gold Corp. is pleased to provide a summary of its successful inaugural drill program at the Ma?z Azul prospect which is part of its 100%-owned Santa Daniela gold project located in Sonora, Mexico. The Santa Daniela concessions represents one of the largest unexplored claim blocks located within the prolific Sierra Madre Occidental gold [...]
Ranchero Gold Corp. is pleased to announce the appointment of Chris Bradbrook and Brian Szeto, the Company's President, to its Board of Directors . As part of the Company's planned transition, Steve Ristorcelli will be stepping down from the Board, but will remain involved with the Company's exploration programs at Santa Daniela as part of [...]
Ranchero Gold Corp. is pleased to announce the final drill results from its recently completed Phase I drill program at the Ma?z Azul prospect which is part of its 100%-owned Santa Daniela gold project located in Sonora, Mexico. Highlights of the Drill Results: Ranchero has completed its Phase I drill program with total diamond core drilling of [...]
Ranchero Gold Corp. announces the grant of incentive stock options to acquire a total of 3,400,000 common shares of the Company to its directors, officers, employees, and consultants pursuant to its stock option plan and subject to any regulatory approval. Each stock option is exercisable at a price of C$0.29 per share for a period of five years [...]
Ranchero Gold is pleased to announce additional drill results from its ongoing drill program at the Maíz Azul prospect which is part of its 100%-owned Santa Daniela gold project located in Sonora. Highlights of the Drill Results: All drill holes from the Company’s ongoing drill program at Maíz Azul have encountered gold mineralization. Additional [...]