Azarga Metals Corp. has now closed its non-brokered private placement as announced by the Company on February 16 and February 24, 2021. The Company has issued 20,833,329 units at a price of $0.06 per Unit raising proceeds totaling $1,250,000 . Each Unit consists of one common share of the Company and one-half of one Share purchase warrant . One [...]
Azarga Metals Corp. is pleased to announce that due to strong market demand Azarga Metals has increased its planned non-brokered private placement announced on February 17, 2021 from up to $500,000 to up to $1,300,000. On closing the private placement, the Company will issue up to 21,666,666 units at a price of C$0.06 per unit . Each Unit consists [...]
Azarga Metals Corp. is pleased to announce that Wardell Armstrong International has been awarded a contract to complete an updated Preliminary Economic Assessment for the Company's 100% owned Unkur Copper-Silver Project in Eastern Russia. Michael Hopley, President and CEO said: "We are enthusiastic about Wardell Armstrong's involvement in the Unkur [...]
Azarga Metals Corp. is pleased to announce that results from its reconnaissance geochemical exploration program have shown previously unknown areas of copper and silver mineralization on both the eastern and western limbs of the Unkur syncline on its 100% owned Unkur Copper-Silver Project located in Eastern Russia. Dr. Alexander Yakubchuk, VP [...]
Azarga Metals Corp. as announced on 9 October 2020, the Company has issued to Baker Steel Resources Trust Limited a total of 2,747,575 common shares to settle its semi-annual interest payment of C$192,330 on a US$3.5 million convertible loan . BSRT Early Warning Disclosure Pursuant to the conversion of C$192,330 in interest owing to BSRT by Azarga [...]
Azarga Metals Corp. reports that a reconnaissance geochemical exploration program has started on its 100% owned Unkur Copper-Silver Project located in Eastern Russia. The object of the work is to identify additional areas of copper and silver mineralization outside of the current Mineral Resource and its extension, particularly on the eastern side [...]
Azarga Metals Corp. has delivered a notice to Baker Steel Resources Trust Limited indicating that it wishes to exercise its option to pay the semi-annual interest owed on the US$3.5 million convertible debt to BSRT in shares. Interest owed on 10 October 2020 is C$192,330 that will be settled by the issue of 2,747,575 common shares priced at $0.07 [...]
Highlights: Sulphide material: recoveries up to 89.1% copper and 82.7% silver using conventional flotation methods producing commercially attractive ~30% copper & ~2,000 g/t silver concentrate Oxide material: recoveries up to 96.4% copper with acid leach and 96.7% silver recoveries with cyanide leach Azarga Metals Corp. reports that final results [...]
Recoveries up to 92% copper and 88% silver in sulphide material using conventional flotation methods Commercially standard ~30% copper concentrate achievable with sulphide material Recoveries up to 96.4% copper and 96.7% silver in oxide material Azarga Metals Corp. reports initial results have been received from the metallurgical test work on [...]
HIGHLIGHTS Copper-silver mineralization is drill confirmed over a strike length of 6.5 kilometers - an extension of 3.1 kilometers Copper-silver mineralization remains open to the south, north and in depth Oxide copper-silver mineralization extends over a 4.5-kilometer strike length, to 180-190 meters depth and there appears to be no difference in [...]
Azarga Metals Corp. as announced on 9 April 2020, the Company has issued to Baker Steel Resources Trust Limited a total of 2,134,283 common shares to settle its semi-annual interest payment of C$160,071 on a US$3.5 million convertible loan. About Azarga Metals Corp. Azarga Metals is a mineral exploration and development company that owns 100% of [...]
Azarga Uranium Corp. has closed its non-brokered private placement, previously announced on the 13th and 14th of April 2020, for gross proceeds of approximately $1.6 million through the issuance of 10,933,333 units at a price of $0.15 per Unit . The Financing was strongly supported by institutional investors. Each Unit consists of one common share [...]
