NevGold Corp. is pleased to announce it has identified an undrilled +6 meter wide banded low-sulphidation epithermal vein outcropping at surface over 650 meters away from the main resource body at the Nutmeg Mountain Project in Idaho. , and 160,000 Inferred ounces of gold ) The Company also identified visible gold in previously assayed historical core during a detailed core relogging campaign completed since the [...]
NevGold is pleased to announce the closing of the previously announced non-brokered private placement financing of flow-through units, issuing 1,723,076 FT Units at a price of C$0.65 per FT Unit for gross proceeds of C$1.1M. NevGold CEO, Brandon Bonifacio, comments: “We are happy to announce the quick closing of our non-brokered private placement financing. The financing will allow us to get active in the field at our [...]
NevGold is pleased to announce a non-brokered private placement financing of flow-through units at a price of C$0.65 to raise proceeds of approximately C$1M. NevGold CEO, Brandon Bonifacio, comments: “The C$1M flow-through financing at an approximate 20% premium to market will limit dilution and ensures the hard dollars the company has raised to date can be laser focused on our Western USA projects including Nutmeg [...]
NevGold Corp. is pleased to announce the planned development activities at the advanced stage Nutmeg Mountain Gold Project following the July 5, 2022 closing of the transaction with GoldMining Inc. Nutmeg Mountain hosts a 2020 mineral resource estimate of 910,000 Indicated oz of gold, and 160,000 Inferred oz of gold with significant resource expansion and exploration upside. NevGold has commenced work on Nutmeg Mountain [...]
NevGold Corp. is pleased to announce closing of the option agreement to acquire the Nutmeg Mountain Gold Project, and C$1 million strategic investment by GoldMining Inc. NevGold CEO, Brandon Bonifacio, comments: “NevGold is very pleased to close the option agreement on Nutmeg Mountain and the C$1M first tranche of financing with GoldMining. With current treasury and the C$1M financing we are funded to continue to advance [...]
GoldMining Inc. is pleased to announce that it has entered into an option agreement with NevGold Corp. and its subsidiary whereby NevGold's subsidiary may acquire a 100% interest in the Company's Almaden Project, located in Idaho. The Agreement provides for total cash and/or share consideration to the Company from NevGold of up to C$16.5 million, which is comprised of initial consideration of C$3 million, additional [...]
NevGold Corp. is pleased to announce further assays from the Company’s drill program at the Cadillac Valley target area at its Limousine Butte Project. Further assays from the Company’s inaugural 10,000 meter drill program at the Project are expected over the coming months. Cadillac Valley South Discovery Extends Mineralization 650 m From CV22-002: CV22-006 intercepted 0.51 g/t oxide Au over 73.1 m from a drill pad over [...]
NevGold Corp. is pleased to announce that the Company has promoted Mr. Derick Unger, CPG, from Chief Geologist to the position of Vice President of Exploration. Derick has been with the Company since July-2021 and has been instrumental in the geology, exploration, and resource development areas. Derick has a strong track record of success and has implemented key leadership principles and strategy to the operations of the [...]
NevGold Corp. is pleased to announce that its shares have qualified for trading on the OTCQX®Best Market. Trading will continue under the symbol “NAUFF” on the OTCQX. NevGold CEO, Brandon Bonifacio, comments: “The upgrade to the OTCQX enables our U.S. shareholders to more effectively participate in trading NevGold shares and will enhance liquidity. With extremely promising, high-grade oxide gold drill results from our [...]
NevGold Corp. is pleased to announce further assays from the Company's drill program at the Cadillac Valley target area at its Limousine Butte Project, Nevada located on the southern part of the Carlin Trend. Further assays from the Company's inaugural 10,000 meter drill program at the Project are expected regularly for the remainder of the first half of 2022. Key Highlights Building a High-Grade, Oxide Gold Resource [...]
NevGold is pleased to announce the initial portion of assays from the Company's first drill hole at the Cadillac Valley target area at its Limousine Butte Project, Nevada located on the southern part of the Carlin Trend. Further assays from the Company's inaugural 10,000 meter drill program are expected continuously from both the Resurrection Ridge and Cadillac Valley target areas for the remainder of the first half of [...]
NevGold Corp. is pleased to provide the following update on the 100%-owned Ptarmigan Project. After recent completion of the historical data compilation and interpretation, the Company has identified possible extensions spanning over 4 kilometers to the known high-grade parallel vein structures based on historical drilling, soil and rock chip sampling, and geophysics. Historical drilling intercepted grades up to 22,945 [...]
