African Gold Group Inc. is pleased to announce that it has received firm commitments from several strategic investors to complete a non-brokered private placement financing of up to 10,000,000 units at a price of $0.20 per Unit for gross proceeds of up to $2,000,000.00 . Each Unit will consist of one common share of the Company and one half of one common share purchase warrant , with each Warrant entitling the holder to [...]
African Gold Group Inc. is pleased to report additional significant results from Phase 1 drilling program at Kobada Gold Project. The drill holes are located in the southern section of the main shear zone at AGG’s extensive land package in Southern Mali. Result continue to return better than expected grades within the central zone of the Kobada main shear and reinforces the predictiveness of our geological model [...]
African Gold Group Inc. announces that, further to the press release dated November 21, 2019, it has received an extension from the TSX Venture Exchange with respect to the duration of its previously announced private placement . The outside date upon which final acceptance of the Private Placement will be granted by the TSX-V has been extended to January 30, 2020. About African Gold Group African Gold Group is a Canadian [...]
African Gold Group Inc. is pleased to announce exceptional high-grade intersections at Kobada Gold Project. Results to date have returned better than expected grades in the central shear zone and support the Company’s belief that there is upside potential at the Kobada Gold project. Highlights Include : 5.34 g/t Au from 157.0 to 163.0 m; including 29.7 g.t Au from 158.0 to 159.05 m in hole KP19_P1_12 2.81 g/t Au [...]
African Gold Group Inc. will be hosting a conference call today at 10:00 am EST today to provide an update to its shareholders. Conference Call Details Investors can call in and Q&A with Stan Bharti, the Chairman and Danny Callow, the Chief Operating Officer, at 10:00 a.m. EST on December 5, 2019, at the number below: North American Toll-Free Number: 844-467-7965 International Number: 602-563-8498 Conference ID: 7681298 [...]
African Gold Group Inc. is pleased to provide shareholders with an update on the Company`s significant progress at the Kobada Gold project and will be hosting a conference call to provide an update to its shareholders. Conference Call Details Investors can call in and Q&A with Stan Bharti, the Chairman and Danny Callow, the Chief Operating Officer, at 10:00 a.m. EST on December 5th, 2019, at the number below: North [...]
African Gold Group Inc. is extremely pleased to announce further exceptional high-grade intersections at the Kobada Gold Project. The recent high-grade intersections continue to indicate there is considerable upside potential at the Kobada Gold project. Highlights Include: Drilling to date suggests the grade could increase materially, particularly in the Central Zone, Drill hole KB19_P1_17 returned 1.59 g/t gold over 11.0 [...]
African Gold Group Inc. is pleased to announce a non-brokered private placement financing of up to 14,285,714 units at a price of $0.35 per Unit for gross proceeds of up to $5,000,000.00 . Each Unit will consist of one common share of the Company and one half of one common share purchase warrant , with each Warrant entitling the holder to acquire one additional common share of the Company at an exercise price of $0.50 for [...]
African Gold Group Inc. is extremely pleased to release the first drill hole from the Central part of the Kobada Main Shear Zone . The very high-grade intersections clearly indicate the considerable upside potential at the project. Highlights Include: Drill hole KB19_P1_18 returned 11.6 g/t gold over 1.55 metres , Drill hole KB19_P1_18 returned 5.96 g/t gold over 1.0m. “We are thrilled that these additional [...]
African Gold Group Inc. is pleased to announce that it has completed the first three lines of drilling and has encountered significant intersections at its drilling program at the Kobada gold project. The drilling program, designed to build on the existing mineral resource estimate released in February 2016 , is laid out to systematically drill the existing mineralized zone from its southern extension through the main [...]
African Gold Group Inc. is pleased to announce that Advisory on Business and Sustainability Africa Ltd was appointed to undertake the Environmental and Social Impact Assessment as well as the Environmental Permitting Process for AGG’s Kobada Gold Project. The ESIA and permitting process will be undertaken in partnership with a well-respected local partner. “ABS Africa offers a complete range of sustainability [...]
African Gold Group Inc. is pleased to provide an update on the Company`s project deliverables at Kobada Mine Site. “I am happy to report an update on the schedule for completion of our current work program to deliver a definitive feasibility study and updated ESIA to meet IFC and World Bank guidelines,” says Danny Callow, Chief Operating Officer of AGG. “We have recently provided an update of work [...]