Golden Ridge Resources Ltd. is pleased to announce that through negotiation with LAC Properties Inc., a wholly owned subsidiary of Barrick Gold Corporation, it has reached an agreement to extinguish the Back-In Right Agreement dated November 13, 2018 pursuant to which Golden Ridge granted to LAC an option to purchase an undivided 51% interest in the Hank Project, located in BC's Golden Triangle District . As consideration [...]
Golden Ridge Resources Ltd. is pleased to announce the signing of an exploration drilling contract with Cabo Drilling for a minimum of 5,000 metres diamond drilling at the Williams Gold Property, that is surrounded by New Found Gold Corp 's Queensway South Gold Property. Golden Ridge expects to begin drilling in late May to take advantage of optimal weather conditions. Golden Ridge is pleased to report the full receipt of [...]
Golden Ridge Resources Ltd. is pleased to report that the Company's 2021 infill soil sampling program has discovered three large gold-in-soil anomalies on the Williams Gold Property, that is surrounded by New Found Gold Corp 's Queensway South Gold Property in the Central Newfoundland Gold Belt of the province of Newfoundland and Labrador .1 The 800m, 425m and 350m long anomalies, which remain open along strike, include [...]
Golden Ridge Resources Ltd. announces the resignation of Duane Lo from the Company's board of directors effective February 28, 2022 so that he may focus his efforts on other professional duties. The Board of Directors and Management wish Duane the very best is in his future endeavors and express their appreciation for his contributions during his tenure as director of Golden Ridge. About Golden Ridge Golden Ridge is a [...]
Golden Ridge Resources Ltd. is pleased to report that it has discovered high-grade Au float at the Williams Gold Property , that is surrounded by New Found Gold Corp 's Queensway South Gold Property in the Central Newfoundland Gold Belt of the province of Newfoundland and Labrador .1 The sample was taken during prospecting of the underexplored western portion of the property. High Grade 281g/t Au Discovered in the [...]
Golden Ridge Resources Ltd. is pleased to report that it has completed trenching on the on the Williams Gold Property , located within New Found Gold Corp 's Queensway South Gold Property in the Central Newfoundland Gold Belt of the province of Newfoundland and Labrador .1 Trenching targets were determined through prospecting and soil sampling completed in 2020. Trenching uncovered numerous mineralized quartz-veined zones [...]
Golden Ridge Resources Ltd. is pleased to announce its field crews have arrived on site and commenced the 2021 field program on the Williams Gold Property , located within New Found Gold Corp's Queensway South Gold Project in the province of Newfoundland and Labrador .1 The first phase of the 2021 program will focus on prospecting, mapping and delineating precise trenching/channeling locations. Upon completion of this [...]
Golden Ridge Resources Ltd. has completed the previously announced financing wherein the Company has issued today 5,370,370 units at a price of $0.27 for gross proceeds of $1,450,000 . Each Unit consists of one common share and one-half of one common share purchase warrant of Company. Each Warrant entitles the subscriber to purchase one additional common share for at an exercise price of $0.50 per common share until July [...]
Golden Ridge Resources Ltd. is pleased to announce it intends to complete a non-brokered private placement financing for $1,450,000 , including a strategic investment by Eric Sprott. The Offering will include 5,370,370 units at a price of $0.27 per Unit. Each Unit will comprise of one common share and one-half of one common share purchase warrant of Company. Each Warrant will entitle each subscriber to purchase one [...]
Golden Ridge Resources Ltd. has completed the previously announced financing wherein the Company has issued today 8,400,000 units at a price of $0.25 for gross proceeds of $2,100,000 . Each Unit consists of one common share and one-half of one common share purchase warrant of Company. Each Warrant entitles the subscriber to purchase one additional common share for at an exercise price of $0.50 per common share until June [...]
Golden Ridge Resources Ltd. is pleased to announce it intends to complete a best efforts non-brokered private placement financing for up to $2,100,000 , including a strategic investment by Eric Sprott. The Offering will include up to 8,400,000 units at a price of $0.25 per Unit. Each Unit will comprise of one common share and one-half of one common share purchase warrant of Company. Each Warrant will entitle the [...]
Golden Ridge Resources discusses recent drill results from its Heritage gold project located in the underexplored Burin district of Newfoundland. The company recently completed a 5,200 metre drill program focused on the Eagle zone at its Heritage project. Drilling successfully extended mineralization at the Eagle zone to more than 2.5 kilometres in strike length. Highlights included 7.42 metres of 4.94 g/t Au and 48.44 [...]
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