Evergold Corp. is pleased to report that personnel have been active on the ground at the Company's road-accessible DEM1 precious and strategic metals discovery in central B.C., refining targets and preparing for the fall drill program, which the Company is now fully financed to complete. "Geophysical surveying earlier this year highlighted an exceptionally strong target lying between last year's two widely spaced drill [...]
Evergold Corp. announces that the TSX Venture Exchange has agreed to extend the closing of the second tranche of its non-brokered private placement financing , first announced on May 21, 2024, to on or before August 5, 2024. Under the Offering, the Company may raise aggregate gross proceeds of up to $3,500,000 through the issuance of a combination of flow-through units at a price of $0.05 per FT Unit and hard dollar units [...]
Evergold Corp. is pleased to announce the launch of this season's field program on the Company's road-accessible DEM precious and strategic metals prospect, located in central B.C. some 40 kilometres northwest of Fort St. James. The program gets underway this week with prospecting and ground-truthing of the DEM1 and DEM2 target areas and, in July and August, additional field work including geophysics, mapping and sampling [...]
Evergold Corp. is pleased to report that it has closed a first tranche of its previously announced non-brokered private placement financing for aggregate gross proceeds of $1,072,000. The Company may, or may not, raise additional capital in a second tranche of the same financing for potential closing on or before July 6, 2024. The majority of the proceeds from the financing will be used for follow-up drilling late this [...]
Evergold Corp. is pleased to announce that it intends to complete a non-brokered private placement financing for aggregate gross proceeds of up to $3,500,000 through the issuance of a combination of hard-dollar units of the Company at a price $0.045 per HD Unit and flow-through units at a price of $0.050 per FT Unit . It is expected that the majority of the gross proceeds from the sale of the FT Units will be used for [...]
Evergold Corp. is pleased to report, further to highly encouraging reconnaissance drill results released earlier this year , the completion of a 5 line-km CSAMT deeper-looking geophysical survey directly over the DEM1 target . The survey has revealed a large-scale resistivity-low anomaly coincident with high Induced Polarization chargeability, suggestive of the presence of abundant sulphides, extending across all lines, a [...]
Evergold Corp. is pleased to report that a high resolution heliborne magnetic survey over the road-accessible DEM property in central B.C. has been completed, revealing in the process a large new target - designated 'DEM2' - of similar scale and geophysical character to the DEM1 porphyry prospect, and centred approximately 4 kilometres to the southeast . The two prospects are separated from each other by a granitic [...]
Evergold Corp. is pleased to report that a 1490 line-km, high resolution heli-borne magnetic survey over the entire 10,451-hectare breadth of the road-accessible DEM property, located 40 km northwest of Fort St. James in central B.C., is now underway. The survey is being carried out in follow-up to a small 3-hole reconnaissance drill program carried out in October-November last year on the large DEM1 porphyry prospect [...]
Evergold is pleased to report assays for initial batches of core from a small reconnaissance drill program completed in late fall 2023 at the large new DEM prospect. Assays show broad intercepts of precious metals encompassing, locally, narrow intercepts of high-grade precious and, notably, high-grade / high value strategic metals, from two drill pads spaced some 400 metres apart. Additional assays are pending for all 3 [...]
Evergold Corp. announces, pursuant to the Company's stock option plan, that a total of 3,951,000 stock options have been granted to the directors, officers and consultants of the Company. The options are exercisable into one common share of the Company at a price of $0.085 for a period of five years from the date of grant and are subject to vesting conditions. About Evergold Evergold Corp. is a TSX-V listed mineral [...]
Evergold Corp. is pleased to report that first-ever drilling at the Company's road-accessible DEM prospect, located in central B.C., has concluded on time, under budget and on target for a total of 947 metres drilled in three holes from two pads located 350 metres apart. Two holes were drilled due east from the first pad, and a single hole was drilled due west from the second . Each of the three holes intercepted variably [...]
Evergold Corp. is pleased to announce that first-ever drilling of the Company's road-accessible DEM porphyry Cu-Au-Ag prospect, located in central B.C., is now underway. The program will encompass up to 1,000 metres of drilling in multiple holes targeting the DEM geochemical trend and underlying high-order geophysical anomalies, with completion anticipated for early November. Field operations are being carried out from a [...]
