Patriot Gold provided the following update today to shareholders. Patriot Gold owns a 3% royalty on the Moss Mine, scheduled to enter production before year-end 2017. The Moss Mine is owned by Northern Vertex Mining, and Vertex has continued to make progress toward its announced intention of commencing gold production in Q4, 2017, and has also recently announced a Preliminary Economic Assessment relating to the Moss gold [...]
Las Vegas, Nevada (FSCwire) - Patriot Gold Corp. (CSE:PGOL) (OTC:PGOL) announced today that it has filed a National Instrument 43-101 Technical Report (the “Report”) regarding its 100% owned Vernal project in Nye County, Nevada. The Vernal project is an early stage gold exploration project. The Report is an independent review and evaluation of the geology and mineralization of the Vernal project, including all exploration [...]
Las Vegas Nevada (FSCwire) - Patriot Gold Corp. (CSE:PGOL) (OTC:PGOL) announced today that it is making a normal course issuer bid through the facilities of the Canadian Securities Exchange. Under the normal course issuer bid, Patriot Gold Corp. (Patriot) will purchase up to 3,912,760 common shares of the currently issued and outstanding common shares of Patriot. The normal course issuer bid start date was August 30, 2017 [...]
Las Vegas Nevada (FSCwire) - Patriot Gold Corp. (CSE:PGOL) (OTC:PGOL) announced today that its common shares have been approved for trading on the Canadian Securities Exchange. Patriot Gold Corp. (“Patriot”) is exploring its 100%-owned gold projects in Nevada, which include the Vernal project and the Windy Peak project. Patriot owns a 3% royalty in the Moss Mine in Arizona, scheduled to commence commercial production in [...]
Canamex Resources and Patriot Gold have closed the transaction whereby Canamex Resources has purchased Patriot Gold's 30-per-cent working interest in the Bruner gold/silver mine for US$1.0 million cash. Patriot retains a two percent net smelter return royalty on the Bruner properties including any claims acquired within a two-mile area of interest around the existing claims. Additionally, Canamex has the option to [...]
Patriot Gold provided the following update today to shareholders on its Moss Mine royalty. The Moss Mine: The Moss Mine is owned by Northern Vertex Mining. On April 20, 2017, Vertex confirmed receipt of the final permitting document required prior to commencement of commercial production (Aquifer Protection Permit signed by Water Quality Division Arizona Department of Environmental Quality). All operating permits have now [...]
Canamex Resources and Patriot Gold have signed a letter of intent whereby Canamex Resources will purchase Patriot Gold's remaining 30-per-cent working interest in the Bruner gold/silver mine for US$1.0 million plus the retention by Patriot of a 2-per-cent net smelter returns royalty. The consideration will consist of either all cash or a combination of cash and shares, to be agreed to by both parties, but with the share [...]
Las Vegas Nevada (FSCwire) - Patriot Gold Corp. (PGOL) (“Patriot”) provided the following update today to shareholders on its Moss Mine royalty, its 30% Bruner gold project interest, and its 100% interest Vernal and Windy Peak gold projects. The Moss Mine: The Moss Mine is owned by Northern Vertex Mining Corp. (“Vertex”). On February 23, 2017, Vertex confirmed that the Moss Mine is scheduled to commence commercial [...]
Northern Vertex and Patriot Gold announced today the completion of the previously announced agreement, whereby Northern Vertex would purchase Patriot Gold's remaining 30% working interest in the Moss Gold/Silver Mine for C$1,500,000 plus the retention by Patriot of a 3% net smelter returns royalty. The consideration of C$1,200,000 in cash and C$300,000 in Northern Vertex common shares valued at C$0.35 has been paid and [...]
Northern Vertex Mining and Patriot Gold announced today the signing of a binding agreement whereby Northern Vertex will purchase Patriot Gold's remaining 30% working interest in the Moss Gold/Silver Mine for C$1,500,000 plus the retention by Patriot of a 3% net smelter returns royalty. The consideration will consist of C$1,200,000 in cash and C$300,000 in Northern Vertex common shares valued at C$0.35 (857,140 shares [...]
Patriot Gold announced today that a decision was issued January 21, 2016 in the arbitration with its optionee, Northern Vertex Mining Corporation/Golden Vertex Corporation, under the "Exploration and Option to Enter Joint Venture Agreement Moss Mine Project" between the two parties. The Arbitrator, Justice Robert E. Rose (Ret.), ruled that The Scope and Technical Details of the Bankable Feasibility Study provided by [...]
Patriot Gold announces that as a result of a review by the British Columbia Securities Commission, the Company is issuing this news release to retract certain historical disclosure pertaining to the Bruner Property, which, as previously filed in press releases and posted on the Company's website was not compliant with National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101").