AurCrest Gold Inc. is pleased to announce that, further to its press release dated March 25, 2021, it has closed the final tranche of its Offering for a further $136,500 with the issuance of 455,000 flow-through units of the Company at a price of $0.30 per FT Unit. Each FT Unit consists of one flow-through common share of the Company and one common share purchase warrant . Each Warrant entitles the holder to acquire one [...]
AurCrest Gold Inc. is pleased to announce that the Company has received permitting for the initial phase of the Ranger Lake drill project and is mobilizing equipment to the Ranger Lake Gold Property. Phase I drilling is designed to test several areas that are coincident with overlapping geologic inference, AI-target modeling, and SGH results. "We have three technologically independent exploration models all pointing to [...]
AurCrest Gold Inc. is pleased to announce the closing of the $1,000,000 brokered private placement announced on February 25, 2021 with the issuance of 3,333,333 flow-through units of the Company at a price of $0.30 per FT Unit. The Offering was led on a best-efforts basis by IBK Capital. Each FT Unit consists of one flow-through common share of the Company and one common share purchase warrant . Each Warrant entitles the [...]
AurCrest Gold Inc. is pleased to announce that it is proceeding with a brokered private placement of up to 3,333,333 flow-through units of the Company at a price of $0.30 per FT Unit for up to $1,000,000. The Offering is being led on a best efforts basis by IBK Capital Corp. The gross proceeds of the Offering will be used to fund exploration activities at the Company's Ranger Lake and Richardson Lake properties, including [...]
AurCrest Gold Inc. is pleased to announce that the results of a Spatiotemporal Geochemical Hydrocarbons survey, interpreted by Activation Laboratories Ltd. , have reinforced a high priority CARDS target at our 100% owned Ranger Lake Property , approximately 10 km due east of Balmertown in the renowned Red Lake Gold District. The CARDS targets, identified by Windfall Geotek Inc. , were described previously by the Company [...]
AurCrest Gold Inc. is pleased to announce the it has purchased the 2% net smelter returns royalty on the Richardson Lake Gold Property in consideration for the payment of $60,000. The Company now holds a 100% interest in the property. The Richardson Lake Gold Property, within the Birch-Uchi Greenstone Belt in the Red Lake Mining District, is a core asset for the Company and the focus of several past exploration programs [...]
AurCrest Gold Inc. is pleased to announce the closing of the $700,000 brokered private placement announced on November 19, 2020 with the issuance of 11,666,667 working capital units of the Company at a price of $0.06 per WC Unit for gross proceeds of $700,000. The Offering was led on a best-efforts basis by IBK Capital. Each WC Unit consists of one common share of the Company priced at $0.06 per common share and one-half [...]
AurCrest Gold Inc. is pleased to announce that it is proceeding with a brokered private placement of up to 11,666,667 working capital units of the Company at a price of $0.06 per WC Unit for up to $700,000 to provide the Company with working capital. The Offering is being led on a best efforts basis by IBK Capital. The Offering is subject to approval from the TSX Venture Exchange. Each WC Unit consists of one common share [...]
AurCrest Gold Inc. is pleased to announce the commencement of a soil sampling program at the Company's Ranger Lake Gold Property, intended to test targets identified through recent data acquisition. The Ranger Lake Gold Property consists of 60 single cell claims covering approximately 1,220 hectares east of Balmertown ON, held 100% by the Company. The Company has chosen to utilize Activation Laboratories Ltd [...]
AurCrest Gold Inc. is pleased to announce that the proprietary CARDS AI data acquired from Windfall Geotek Inc. , as announced on September 2, 2020, has identified high-priority targets within the Ranger Lake Gold Property cell claim fabric that the Company is planning to investigate during the Fall of 2020 with a preliminary geochemical survey program, to build guidance for a drill program anticipated for the Winter of [...]
AurCrest Gold Inc. is pleased to announce the acquisition of two further groups of claim cell units at the Company's Ranger Lake Gold Property and the Ranger East Gold Property, adding 10 cells and 17 cells to the Properties respectively, to better provide coverage for the area's regional geology. The Ranger Lake Gold Property now comprises 60 cells with an area of approximately 1,220 hectares and the Ranger East Gold [...]
AurCrest Gold Inc. is pleased to announce that the Company has signed a Data Acquisition Agreement with Windfall Geotek Inc. to acquire geological and technical data related to its Ranger Lake Gold Property, a set of 50 cell claims east of the Campbell Gold Mines mill complex in the world famous Red Lake mining district. Windfall's computer-assisted resource discovery program analysis assists in the identification of high [...]