AurCrest Gold Inc. is pleased to announce the acquisition of a further 50 claim cell units representing approximately 1,010 hectares and named the Richardson North Extension Property, adjacent and contiguous to its Richardson Lake Gold Property. The Richardson Lake Gold Property lies approximately 100 kilometres east-northeast of Red Lake in the world famous Red Lake mining district. AurCrest's Richardson Lake Gold [...]
AurCrest Gold Inc. is pleased to announce the acquisition of a further 50 claim cell units representing a 2.3km by 4.4km block encompassing approximately 1,010 hectares and named the Ranger East Property, adjacent to its previously acquired Ranger Lake Property. The Ranger Lake Property lies approximately 10 kilometres due east of the Red Lake and Campbell Gold Mines in the world famous Red Lake mining district. The [...]
AurCrest Gold Inc. wishes to provide the following update with respect to its recent press releases. AurCrest has been in business since 2001 and, although it has been publicly trading for approximately 20 years, management believes there has never been a better time to consider taking an equity position - one reason for this is the potential for a moderate to rapidly growing income stream with respect to developments in [...]
AurCrest Gold Inc. is pleased to announce that the Company has signed a Purchase Agreement and a Gross Revenue Royalty Agreement dated May 15, 2020 with Star Royalties Ltd. to sell a 16% gross revenues royalty to Star Royalties. AurCrest was paid $155,000CDN by Star Royalties pursuant to the Purchase Agreement whereby Star Royalties acquired the right to the Royalty on all funds received by the Company arising from the [...]
AurCrest Gold Inc. is pleased to announce that, on May 8, 2020, an Adoption Agreement was signed by the Company, the Lac Seul First Nation and Blue Source Canada ULC to develop a forest carbon project on the forested lands on the Lac Seul reserve northwest of Sioux Lookout, Ontario. On August 19, 2019, the Company announced that it had signed a Carbon Development & Marketing Agreement with Bluesource. The CDMA set forth [...]
AurCrest Gold Inc. wishes to announce that further to its press release of April 29, 2020, it has now filed its annual financial statements and accompanying management's discussion and analysis, and related CEO and CFO certifications, for the financial year ended December 31, 2019. AurCrest does not anticipate any delays in filing its interim financial statements for the first quarter ending March 31, 2020 on or before [...]
AurCrest Gold Inc. wishes to provide an update on the coronavirus pandemic as it affects the Company and the status of the filing of its annual financial statements and accompanying management's discussion and analysis, and related CEO and CFO certifications, for the financial year ended December 31, 2019. The lockdown resulting from the outbreak of COVID-19 has created unprecedented disruptions in the global economy and [...]
AurCrest Gold Inc. is pleased to announce that the Company has signed an Option Agreement with Newrange Gold Inc. to option a 100% interest in the Company's Western Fold property in the Birch-Uchi greenstone belt northeast of Red Lake, Ontario. Under the terms of the Agreement, Newrange has the option to acquire a 100% interest in the AurCrest Western Fold property by paying AurCrest an aggregate of $200,000 and issuing [...]
AurCrest Gold Inc. is pleased to announce that the Company has signed an Emission Reduction Benefit Management Agreement with the Lac Seul First Nation to develop forest carbon sequestration opportunities in the First Nation's traditional territory in Northwestern Ontario. As announced by the Company on August 19th, 2019, a Carbon Development & Marketing Agreement had been signed between the Company and Blue Source Canada [...]
AurCrest Gold Inc. is pleased to announce the closing of the final tranche of the non-brokered private placement announced on September 17, 2019 with the sale of the remaining 500,000 working capital units for $25,000. The securities issued are subject to a hold period expiring on January 28, 2020. Each WC Unit is priced at $0.05 and consists of one common share and one common share purchase warrant . Each WC Warrant [...]
AurCrest Gold Inc. is pleased to announce the offering of a non-brokered private placement of up to 1,000,000 working capital units for up to $50,000 . Each WC Unit is priced at $0.05 and consists of one common share and one common share purchase warrant . Each WC Warrant entitles the holder to purchase one common share at a price of $0.05 per WC Warrant Share for a period of three years following the closing of the WC [...]
AurCrest Gold Inc. is pleased to announce that a Carbon Development & Marketing Agreement has been signed between the Company and Blue Source Canada ULC . The CDMA sets forth the terms and conditions by which the Company and Bluesource will collaborate to develop forest carbon sequestration opportunities on behalf of First Nations pursuing their inherent stewardship role both on reserve and within their traditional [...]