Big Ridge Gold Corp. is pleased to announce that it has engaged SGS Geological Services to update the mineral resource estimate for the Hope Brook Gold Project located in southwest Newfoundland & Labrador. The updated MRE will incorporate results from the company's recently completed Phase I drill program that focused on expanding near-surface gold and copper mineralization to the southwest of the current resource at the [...]
Big Ridge Gold Corp. is pleased to announce additional diamond drill results from its Phase I exploration drill program at the past-producing Hope Brook Gold Project, located in southwestern Newfoundland and Labrador. The drill holes reported in this press release are from drill holes that targeted the shallow southwestern extension of the Hope Brook Deposit. Mike Bandrowski, President & CEO of Big Ridge, commented [...]
Big Ridge Gold Corp. is pleased to announce that it has met the requirements of the first stage earn-in at the Hope Brook Gold Project , located in southwestern Newfoundland and Labrador. The Stage-1 earn-in set out in the company's earn-in agreement with, among others, First Mining Gold Corp. , included a requirement to incur eligible expenditures on the Project amounting to $10 million, to issue a total of 15 million [...]
Big Ridge Gold Corp. is pleased to announce that it has closed its non-brokered private placement previously announced on July 8, 2022 . The Company has raised $2,525,000 through the issuance of 12,625,000 units at a price of $0.20 per Unit. Each Unit is comprised of one flow-through common share and one half of one common share purchase warrant . Each Warrant entitles the holder to purchase one common share of the [...]
Big Ridge Gold Corp. is pleased to announce that it has initiated a non-brokered private placement of 10,000,000 flow-through units of the Company at a price of $0.20 per FT Unit for gross proceeds of C$2,000,000 . Each FT Unit will consist of one common share of the Company to be issued as a "flow-through share" within the meaning of the Income Tax Act and one half of one common share purchase warrant . Each Warrant will [...]
Big Ridge Gold Corp. announced revised vesting details with respect to restricted share units granted to the Company's officers and reported previously in the Company's press release dated July 4, 2022. As reported previously, the Company granted the following instruments to its officers and directors, effective June 30, 2022: 288,750 Restricted Share Units , settled in shares, pursuant to the Company's Short-Term [...]
Big Ridge Gold Corp. announces it has granted incentive stock options pursuant to the Company's Long- and Short-Term Incentive Plans to the Company's officers to purchase an aggregate of 1,472,712 common shares of the Company at an exercise price of $0.25 in accordance with the terms of the Company's stock option plan. The Options are exercisable for a five-year term expiring June 30, 2027. In addition, the Company [...]
Big Ridge Gold Corp. is pleased to announce additional diamond drill results from its 25,000-meter , Phase I exploration drill program at the past-producing Hope Brook Gold Project, located in southwestern Newfoundland and Labrador. The drill holes reported in this press release are from drill holes that targeted the shallow southwestern extension of the Hope Brook Deposit. Mike Bandrowski, President & CEO of Big Ridge [...]
Big Ridge Gold Corp. is pleased to announce additional diamond drill results from its 25,000-meter , Phase I exploration drill program at the past-producing Hope Brook Gold Project, located in southwestern Newfoundland and Labrador. The drill holes reported in this press release are from the final drill holes completed in 2021 as well as results from drill holes completed after the resumption of drilling in January 2022 [...]
Big Ridge Gold Corp. is pleased to announce initial diamond drill results from its 25,000-meter , Phase I drill program at the past-producing Hope Brook Gold Project, located in southwestern Newfoundland and Labrador. Big Ridge commenced the Phase I drilling in early November 2021 and completed 3,729 m in 17 holes before breaking for the holidays. The drill holes reported in this press release targeted the shallow [...]
Big Ridge Gold Corp. announces the closing of the sale of its 100% owned Ontario mining properties to Caprock Mining Corp. pursuant to a sale agreement dated March 11, 2021. As consideration, Caprock issued a total of 10,000,000 common shares to Big Ridge from treasury at a deemed price of $0.10 per Caprock Share for aggregate deemed consideration of $1,000,000. Immediately prior to closing of this transaction, Big Ridge [...]
Big Ridge Gold Corp. is pleased to announce the addition of Bill McGuinty, Vice-President Exploration. Mike Bandrowski, President & CEO, commented, "We are pleased to add Bill to the Big Ridge team. He brings many years of exploration, development and production experience along with the highest degree of professionalism. Bill's knowledge and experience will add significant value to Big Ridge and the Hope Brook Gold [...]
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