1MM oz gold Inferred Resource at 0.7 g/t Au cut-off for past-producing Taurus Property Margaux Resources Ltd. recently filed a National Instrument 43-101 Technical Report to support its maiden mineral resource estimate for the Taurus Deposit on the Cassiar Gold property in British Columbia, Canada . Details of the 1 MM oz gold inferred resource at 1.43 g/t Au were announced in the Company's news release dated September [...]
Margaux Resources Ltd. is pleased to announce that further to its press release dated October 7, 2019, and subject to receiving TSX Venture Exchange approval, it has closed its non-brokered private placement by issuing: 555,555 units of the Company at a price of $0.09; and 5,410,000 flow-through units at a price of $0.10 per Flow-Through Unit. The Flow-Through Units were re-priced from $0.11 to $0.10 per Flow-Through Unit [...]
Margaux Resources Ltd. is pleased to announce that it has received final approval from the TSX Venture Exchange for its previously announced option agreement with Wildsky Resources Inc. . The Option Agreement provides Margaux with the option to acquire a 100% interest in the Cassiar Gold Project in northern British Columbia. In addition, the TSXV has accepted Margaux's filing of an amended NI 43-101 maiden mineral [...]
Margaux Resources Ltd. is pleased to announce that subject to TSX Venture Exchange approval, it intends to issue, pursuant to a non-brokered private placement, up to: 3,333,333 units of the Company at a price of $0.09 per Unit; and 4,090,909 flow-through units of the Company at a price of $0.11 per Flow-Through Unit, for aggregate gross proceeds of up to $750,000 . Each Unit will consist of one common share in the capital [...]
1MM oz gold Inferred Resource at 0.7 g/t Au cut-off for past-producing Taurus Property Margaux Resources Ltd. is pleased to announce its maiden mineral resource estimate for the Taurus Deposit on the Cassiar Gold property in British Columbia, Canada. "The Taurus resource estimate confirms the potential for significant bulk-tonnage deposits at the Cassiar Property. Margaux is excited to continue our evaluation of the [...]
Margaux Resources Ltd. is pleased to announce that further to its press release dated May 14, 2019 and June 3, 2019, and subject to receiving TSX Venture Exchange approval, it has closed the second tranche of its non-brokered private placement by issuing: 7,857,144 units of the Company at a price of $0.07; and 2,000,000 flow-through units at a price of $0.08 per Flow-Through Unit. Gross proceeds raised under the first and [...]
Margaux Resources Ltd. is undertaking a compilation and analysis of data from the recently acquired Cassiar Gold Project in northern British Columbia . Highlights include the following historic drill intercepts from the Taurus prospect: ddh 07TC-01 116.3 m @ 2.23 grams per tonne gold ddh T95-29 118.0 m @ 1.87 grams per tonne gold, including 86.0 m @ 2.47 grams per tonne gold The Cassiar Gold Project is a 56,000 hectare [...]
Margaux Resources Ltd. is pleased to announce it has granted an aggregate of 3,975,000 Common Share purchase options in accordance with the Company's shareholder approved stock option plan. These stock options include 1,500,000 options to directors, being Messrs. James Letwin, Robert Derkitt, Douglas Foster and Chris Stewart; 825,000 to officers, being Messrs. Tyler Rice and Don Nguyen; 625,000 to the advisory committee [...]
Margaux Resources Ltd. is pleased to announce that the shareholders of Wildsky Resources Inc. approved the sale of its 100% interest in the Cassiar Gold Project in northern British Columbia by way of an all-share option agreement with Margaux . The Cassiar Property is a road-accessible, advanced-stage orogenic gold system, with a historical Inferred Resource of 1.04 million ounces gold . The resource is supported by a [...]
Margaux Resources Ltd. is pleased to announce that further to its press release dated May 14, 2019, and subject to receiving final regulatory approvals, it has closed the first tranche of its non-brokered private placement by issuing: 1,645,345 units of the Company at a price of $0.07; and 375,000 flow-through units at a price of $0.08 per Flow-Through Unit, for aggregate gross proceeds of $145,174. Each Unit consists of [...]
Margaux Resources Ltd. is pleased to announce that subject to TSX Venture Exchange approval, it intends to issue, pursuant to a non-brokered private placement, up to: 14,285,714 units of the Company at a price of $0.07 per Unit; and 18,750,000 flow-through units of the Company at a price of $0.08 per Flow-Through Unit, for aggregate gross proceeds of up to $2.5 Million . Each Unit will consist of one common share in the [...]
Margaux Resources Ltd. is pleased to announce the issuances of: 2,375,000 units of the Company at a price of $0.08; and 3,000,000 flow-through units at a price of $0.10 per Flow-Through Unit a $210,000 principal sum unsecured promissory note , for aggregate gross proceeds of $700,000. Units and Flow-Through Units The previously announced non-brokered private placement is subject to receiving final regulatory approvals [...]
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