Phoenix Gold Resources Corp. is pleased to provide initial assay results from 100 of 300 samples collected from the core in diamond drill holes YH21-04, -06, -08 and -09 selected for obvious massive sulphide mineralization. The diamond drill holes were completed as part of the Company's successful first phase of drilling on the York Harbour Copper-Zinc-Silver Project situated 27 kilometres west of Corner Brook [...]
Phoenix Gold Resources Corp. is pleased to announce that its common shares now trade on the Frankfurt Stock Exchange under the WKN number "A2PGVP" and symbol "5DE". The listing of Phoenix Gold shares on the Frankfurt Stock Exchange will broaden the existing shareholder base in Europe, increase trading activity, and build European investor awareness. Andrew Lee, President and CEO, commented, "As we await early assay [...]
Phoenix Gold Resources Corp. reports that it has completed the Phase 1 diamond drilling program at the York Harbour Copper-Zinc-Silver Project approximately 27 kilometers west of Cornerbrook, Newfoundland. The Company completed nine drill holes, totalling 1,222 meters. Three holes were abandoned when they encountered a wide fault zone and a section of the 400-level adit. The other 6 drill holes all intersected sulphide [...]
Phoenix Gold Resources Corp. announces further to the initial news release dated July 21, 2021, the Company has completed a non-brokered private placement offering through the sale of 1,075,000 units , with each Unit being comprised of one common share of the Company and one share purchase warrant to purchase one additional Share of the Company. Each Warrant is exercisable at a price of $0.40 for a period of thirty-six [...]
Phoenix Gold Resources Corp. is pleased to provide an update on this summer's exploration program on the York Harbour Mine Property in western Newfoundland, Canada. Highlights from the Borehole and Surface Eletromagnetic Survey - Borehole electromagnetic survey has been completed and the data has been professionally interpreted by Crone Geophysics & Exploration Ltd.; - BHEM results suggest continuation of mineralization [...]
Phoenix Gold Resources Corp. is pleased to report results from its surface grab and channel sampling program at its York Harbour Mine Property in Newfoundland, Canada that targeted a 100 metre strike length of the 'A' Zone. The 'A' Zone was mined for its copper, zinc, and silver mineralization in the late 1800's and early 1900's where reportedly 90,000 tonnes were extracted. Location of Surface Sampling Click Image To [...]
Phoenix Gold Resources Corp. is pleased to announce it has begun field work at the York Harbour Mine Property in Newfoundland . The field work will comprise borehole geophysical surveying, exploration diamond drilling, and later efforts to re-enter the underground mine workings. Eastern Geophysics Limited of Corner Brook, NL has been engaged to carry out a 3D Borehole Pulse EM survey program that will employ advanced [...]
Phoenix Gold Resources Corp. is pleased to announce that it has signed a Letter Of Intent with ENE-MIN Development Corp. for an exclusive option to acquire up to 75% interest in the LiBeGa Lithium Project , comprising adjoining perimeters covering a total of 27 km² in Sibiu County, Romania . Pursuant to the LOI, the Company has paid a refundable CA$250,000 good faith due diligence deposit and has initiated an exclusive [...]
Phoenix Gold Resources Corp. is pleased to announce that it has completed its non-brokered private placement offering raising gross proceeds of $1,000,000 through the sale of 2,500,000 units of the Company at a price of $0.40 per Unit. Each Unit is comprised of one common share and one common share purchase warrant of the Company, each Warrant entitling the holder to purchase an additional common share of the Company at a [...]
Phoenix Gold Resources Corp. announces that the Company has arranged a non-brokered private placement offering with one placee to raise gross proceeds of up to $1,000,000 through the sale of up to 2,500,000 units of the Company at a price of $0.40 per Unit. Each Unit will consist of one common share and one-half of one warrant, which each full warrant entitling the holder to purchase one additional common share for a [...]
Phoenix Gold Resources Corp. has selected a group of investor relations and marketing specialists to provide services to the Company. Gold Standard Media LLC and Wallace Hill Partners Ltd. will focus on marketing and branding initiatives to raise market awareness as well as increasing the Company's profile with the investment community and retail investors. In particular, they will help build the Company's awareness and [...]
Phoenix Gold Resources Corp. is pleased to announce that it has entered into an option agreement with WBN Prospecting Group to acquire a 100% interest in the York Harbour Property , consisting of five mineral licences and 156 mineral claims totalling 3,900 hectares. The Property is located 27 km west of the city of Corner Brook, Newfoundland and is accessible by a provincial highway . The deposit at York Harbour comprises [...]
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