Emgold Mining Corp. announces it has completed an amendment to the definitive option agreement between Emgold and Greg Exploration Inc, and Affiliates and has exercised its option, granted by the Amendment, to acquire a 100% interest in the Casa South Property, QC . The Property comprises 180 active mining titles covering a total of 10,061 hectares . It is located immediately south of Hecla Mining Corporation's Casa [...]
Emgold Mining Corp. is pleased to announce that it has retained the services of Red Cloud Klondike Strike Inc. to assist the Company with its capital markets outreach and merger and acquisition opportunities. RCKS is a 'new concept' capital markets advisory firm dedicated solely to the mining sector. It uses its global network of capital markets specialists and extensive experience in the many facets of the business to [...]
Emgold Mining Corp. announces it has signed a Letter of Intent with Searchlight Resources Inc. giving it the option to acquire a 100% interest the New York Canyon Property, NV , subject to underlying royalties. The Property includes 21-patented mineral claims and 60-unpatented mining claims, along with a significant database of historic information. Total historic drilling on the Property, to date, is 234 holes totaling [...]
Today's buy recommendation comes from Tormont50 Research, the research platform of financial advisor firm the Tormont Group, which features growth opportunities in the small and microcap space. Analyst Jim McFadden gives Emgold Mining Corp. a fair value estimate of $0.40 per share, a premium of 150% to the $0.16 price on April 11th, the day the report was issued. For more information, please view the InvestmentPitch Media [...]
Emgold Mining Corp. announces it has signed a Letter of Intent with Nevada Sunrise LLC, a private Nevada company, giving it the right to purchase 12 unpatented mining . The Company has also signed a second Letter of Intent with BL Exploration LLC, a second private Nevada company, giving it the right to purchase 18 unpatented mining claims . Together, the 30 unpatented mining NS Claims and BL Claims make up the Mindora [...]
Emgold Mining Corporation announces the grant of 1.5 million incentive stock options , pursuant to its Stock Option Plan , to directors, officers, employees, and consultants of the Company. The Options are exercisable at a price of C$0.20 per common share of the Company for a period of 5 years from the date of grant. Any common shares to be issued upon the exercise of the Options will be subject to a statutory four-month [...]
Emgold Mining is pleased to note that Troilus Gold Corp, has reported new drill results from its 2019 exploration program at its Troilus Gold Project, located within the Frotet-Evans Greenstone Belt in Quebec. Intercept highlights reported include: 36 m of 1.10 g/t AuEq, including 6 m of 11.36 g/t AuEq and 6 m of 4.46 g/t AuEq in hole TLG-ZJ419-094; and 90 m of 0.91 g/t AuEq, including 12 metres of 1.32 g/t AuEq and 16 [...]
Emgold Mining Corp. announces it has completed a third and final tranche of a non-brokered private placement by the issuance of 1,808,817 units issued as a price of CDN$0.12 per Unit for gross proceeds of CDN$217,058.04. Together with the first and second tranche of the Financing, closed on March 8 and March 28, 2019 respectively, the Company has raised aggregate gross proceeds of CDN$948,806.04. Each Unit consists of one [...]
Emgold Mining Corp. is pleased to announce that it has completed 3,021 m of diamond drilling at the Casa South Property, Quebec . Core logging is underway and initial samples have been sent for assaying, with assays pending. The main objective of the drill program was to test the Kama Trend gold bearing structure located just to the south of the Property boundary with Hecla Mining Corporation's Casa Berardi Mine. The Kama [...]
Emgold Mining Corp. announces that, subject to TSX Venture Exchange approval, Emgold proposes to carry out a non-brokered flow-through private placement of up to 7,500,000 units of the Company issued at a price of CDN$0.20 per Unit to raise up to CDN$1.5 million. Each Unit will consist of one common share issued as a flow-through share of the Company and one half non-transferable share purchase warrant . Each full FT [...]
Emgold Mining Corp. announces it has completed a second tranche of a non-brokered private placement by the issuance of 650,000 units issued as a price of CDN$0.12 per Unit for gross proceeds of CDN$78,000. Together with the first tranche of the Financing, closed on March 8, 2019, the Company has raised aggregate gross proceeds of CDN$731,748. Each Unit consists of one common share of the Company and one non-transferable [...]
Emgold Mining Corp. announces it has commenced an exploration program at its recently optioned Casa South Property. The Program will consist of 3,000 meters of diamond drilling targeting a high priority area defined as the Kama trend. The Kama Trend - a major gold bearing structure approximately 7 km long by 2 km wide is located just south of the Hecla Mining Corporation's Casa Berardi Mine. About the Casa South Property [...]
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