Key Highlights Prospecting and mapping currently underway at the Hermitage Gold and Antimony Project. This recent prospecting work has identified several large areas of hydrothermal alteration that host quartz-dominated hydrothermal breccias with relatively chaotic hydrothermal breccias transitioning to breccia veins containing angular wall-rock [...]
AuMega Metals Ltd. is pleased to announce the appointment of a highly experienced and well-respected exploration geologist, Rick Greenwood as the Company's new Vice President of Exploration. Rick's start date is expected to be 1 October 2024. Rick Greenwood's Background Rick is Professional Geologist from Newfoundland and brings over 20 years of [...]
Key Highlights Phase two of diamond drilling has commenced with primary focus on Greenfield targets at Malachite Drill targets at Malachite focused on large, mineralised zones identified through the highly successful winter Reverse Circulation drill program Phase one of diamond drilling completed at the end of July 2024 with assays expected over [...]
Key Highlights First phase of 2024 diamond drilling completed in the resource corridor Approximately 1,900 metres of diamond drilling completed with assays pending Final diamond drill hole completed was deepest ever drill hole at Central Zone First-ever Company activities on the Intersection Project currently underway Airborne magnetic surveys [...]
Highlights Exploration Fully funded exploration program progressing to plan. Highly successful Canadian winter reverse circulation drilling program defined three large, mineralised zones, including O-2 West at Malachite which delivered a several mineralised holes including 627 ppb gold and 1.99% copper from six metres, with diamond drilling now [...]
Key Highlights Comprehensive technical workshop led by world-renowned structural geologist Brett Davis. Several new targets identified on the district-scale land package along both the Cape Ray Shear Zone and Hermitage Flexure. A total of 37 targets in various stages defined and added to project portfolio. Target ranking in progress with proposed [...]
Key Highlights New Toronto Venture Stock Exchange listing will complement existing primary listing on the Australian Securities Exchange . Trading on the TSXV expected to commence effective 26 June 2024 under the trading symbol "AUM" There is no new issuance of shares in connection with the TSXV listing AuMEGA shares will be fully fungible [...]
Highlights The Company has successfully completed a US$12 million Placement, issuing 28.6 million shares at a price of US$0.42 per share The Placement was completed at a 28 % premium to the closing share price The Company received strong demand for the Placement from both International and Australian Institutional Investors Proceeds from the [...]
Matador Mining is pleased to announce that Phase One of the Company's high-resolution, heli-mag geophysics program is nearing completion at the Cape Ray Gold Project. Phase One of the program targeted 40 m of strike within the central part of the Project which includes all of the Company's existing Mineral Resources and the majority of the priority [...]
Matador Mining is pleased to announce it has increased its landholding in Newfoundland by 37% to 750km2 following a major strategic review of the ground around its current tenements as well as prospects within the broader region. Highlights Matador has increased its holding in Newfoundland by 278km2 or 37% to a total of 750km2 This follows a major [...]
Matador Mining Ltd. is pleased to announce that it has commenced a development study to assess the potential for gold production at its 100% owned Cape Ray Project in Newfoundland, Canada. With a substantial Indicated Mineral Resource and significant progress being made with environmental approvals, Cape Ray represents a development opportunity [...]
Benton Resources is pleased to announce that it has completed the sale of its 80% interest in the Cape Ray Gold project to Matador Mining of Western Australia. Under the purchase agreement Benton received a total of A$3.25 million and 8,000,000 common shares of Matador based on an underlying value of A$0.25/share for a total consideration of A$5.25 [...]
