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 [...]
Golden Ridge Resources Ltd. is pleased to announce it has received the trenching permit for its Williams Gold Property , located within New Found Gold Corps' Queensway South Gold Property, in the Central Newfoundland Gold Belt of the province of Newfoundland and Labrador .1 Significantly, the regionally important northeast-southwest trending Appleton Fault, which is associated with New Found Gold Corp's Keats Main Zone [...]
Golden Ridge Resources Ltd. is pleased to announce results from holes HE-TZ-20-01 to HE-EZ-20-22, drilled at the Eagle, Pinnacle, Turpin, and Lunch Spot Zones, as part of the Company's recently completed 5,182 m diamond-drill program at the Heritage epithermal Au-Ag project, located along Highway 220, near Point May, Newfoundland and Labrador. Drill holes from the Eagle Zone reported in this news release have successfully [...]
Golden Ridge Resources Ltd. is pleased to announce results from holes HE-EZ-20-07 to HE-EZ-20-09 drilled at the Eagle Zone, as part of the Company's recently completed 5,182 meter diamond-drill program at the Heritage epithermal Au-Ag project, located along Highway 220, near Point May, Newfoundland and Labrador. All three holes hit significant intersections of epithermal veining, alteration, ginguro textures and Au-Ag [...]
Golden Ridge Resources Ltd. is very pleased to announce results from holes HE-EZ-20-03 to HE-EZ-20-6 at the Eagle Zone, drilled as part of the Company’s ongoing 5,000 metre diamond-drill program at the Heritage epithermal Ag-Au project, located along Highway 220, near Point May, Newfoundland and Labrador. Holes HE-EZ-20-03 to HE-EZ-20-06 were designed to extend epithermal Ag-Au mineralization at the Eagle Zone, along [...]
Point May, Newfoundland and Labrador – TheNewswire - December 2, 2020 - Golden Ridge Resources Ltd. is pleased to announce initial results from the first two holes completed at the Eagle Zone, drilled as part of the Company’s ongoing 5,000 metre diamond-drill program at the Heritage epithermal Au/Ag project, located along Highway 220, near Point May, Newfoundland. Holes HE-EZ-20-01 and HE-EZ-20-02 intersected abundant [...]
Golden Ridge Resources Ltd. is pleased to announce results from a high-resolution airborne magnetic survey recently completed at its flagship Heritage Au-Ag Property located on the Burin Peninsula in southern Newfoundland and Labrador. The survey was flown in a systematic low-level grid pattern. Higher resolution 75-m spacing was flown over the central Property area covering several historic mineral occurrences, including [...]
Golden Ridge Resources Ltd. is pleased to announce the results of a comprehensive Phase I soil sampling and prospecting program on the Williams project, located strategically within New Found Gold Corp's Queensway Gold Project1 in the province of Newfoundland and Labrador. A total of 1,094 soil samples and 56 rock samples were collected during the Phase I program. Highlights of the Phase I Williams Exploration Program [...]
Golden Ridge Resources Ltd. has commenced drilling on the Eagle Zone at its Heritage project located on the Burin Peninsula in southern Newfoundland and Labrador. Highlights - An initial 5,000-meter drill program at the Eagle Zone and other high priority targets located within the Point May Epithermal System . -Initial drilling at the Eagle Zone will include tightly spaced diamond drill holes around known mineralization [...]
Golden Ridge Resources Ltd. is pleased to announce effective September 30, 2020 it has closed its previously announced financing and issued 1,158,412 units of the Company on a flow-through basis at a price of $0.29 per FT Unit for gross proceeds of $335,939 and further issued 2,672,000 units of the Company on a charity flow-through basis at a price of $0.32 per Charity FT Unit for gross proceeds of $855,040. The FT Units [...]
Golden Ridge Resources Ltd. is pleased to announce effective September 30, 2020 it has closed its previously announced financing and issued 1,158,412 units of the Company on a flow-through basis at a price of $0.29 per FT Unit for gross proceeds of $335,939 and further issued 2,672,000 units of the Company on a charity flow-through basis at a price of $0.32 per Charity FT Unit for gross proceeds of $855,040. The FT Units [...]
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