Preliminary results from the first phase drill program confirm the potential for high-grade gold mineralization on the historically under-explored Dorset Deformation Zone Hole GS-21-02 returned one of the best intercepts to date; confirms high-grade potential of the Dorset Gold Zone with a thick interval of 5.4 g/t Au over 9 metres within a broader mineralized zone of 3.3 g/t Au over 22.6 metres at 48.5 metres vertical [...]
Angus Gold Inc. announces that it has granted options to acquire a total of 985,000 common shares of the Company to officers, directors, employees, and consultants, pursuant to the Company's Stock Option Plan, at the exercise price of $0.90 per share for a period of five years, subject to vesting requirements. Additionally, the Company has granted 310,000 restricted stock units to officers, directors, employees, and [...]
Angus Gold Inc. is pleased to announce the commencement of drilling at its 100%-owned Golden Sky Project located in Wawa, Ontario. The Project is immediately adjacent to the Eagle River Mine of Wesdome Gold Mines Ltd. in Wawa. The 20,000-metre drill program will focus on two target areas within the property: the Dorset Deformation Zone, which is host to a historical gold resource and the BIF Zone, a large area of banded [...]
Angus Gold Inc. is pleased to announce that Mr. David Cobbold will be joining the Company's Board of Directors effective June 30, 2021. Mr. Cobbold is a veteran mining investment banker with 23 years of financial services experience. Currently, he is a Managing Director and Head of Mining at Macquarie Capital Markets Canada where he is responsible for sourcing and leading merger, acquisition, sale and defense transactions [...]
Angus Gold Inc. has appointed Steve Burleton as the new interim Chief Executive Officer of the Company, effective today. Mr. Burleton replaces Andrey Shamis, the current Chief Executive Officer who will be stepping down from that role and from the Board of Directors, effective immediately. The Company thanks Mr. Shamis for his valuable contributions and wishes him all the best in his future endeavours. Steve is an [...]
Angus Gold Inc. is pleased to announce that effective today, the Company's common shares will commence trading on the OTCQB Venture Market operated by OTC Markets Group in the United States under the ticker symbol "ANGVF". Angus continues to trade on the TSX Venture Exchange under the ticker symbol "GUS". About OTC Markets Group Inc. OTC Markets Group Inc. operates the OTCQX? Best Market, the OTCQB? Venture Market and [...]
Angus Gold Inc. is pleased to announce that it has closed its previously announced non-brokered private placement for total gross proceeds of $3,297,000 to the Company . The Financing was comprised of 700,000 hard dollar shares at a price of $0.71 per Hard Share and of 2,800,000 flow through shares of the Company at a price of $1.00 per FT Share. Each FT Share consists of one common share in the capital of the Company [...]
Angus Gold Inc. is pleased to announce a non-brokered private placement consisting of 2,800,000 flow-through shares of the Company at a price of C$1.00 per FT Share and 700,000 hard dollar shares of the Company at a price of C$0.71 per Hard Share for aggregate gross proceeds of C$3,297,000 . The net proceeds from the Financing will be used to fund exploration on the Company's projects in Ontario and for working capital [...]
Angus Gold Inc. is pleased to announce that it has completed the acquisition of the Macassa Creek, Mishi Lake and Abbie Lake Properties from Argo Gold Inc. previously announced in the Company’s November 16, 2020 news release. Under the terms of the purchase agreement, Argo received a cash payment of $100,000 and 800,000 common shares of Angus in exchange for 100% ownership in the Properties. The Common Shares issued to [...]
Angus Gold Inc. is pleased to announce the appointment of Steve Burleton as a director of the Company. Mr. Burleton is an invaluable addition to the Angus team. His knowledge of the Wawa Mining Camp, gained during his time with Richmont Mines Inc. , and his experience in the mining industry will provide the Company with a significant advantage as we continue to build one of the largest and most active exploration [...]
Angus Gold Inc. is pleased to announce that it has entered into an asset purchase agreement with Argo Gold Inc. , pursuant to which Angus will acquire the Macassa Creek, Mishi Lake and Abbie Lake Properties from Argo. The Properties are immediately adjacent to the Company’s Golden Sky project in Wawa, Ontario and have seen limited exploration work. Historical results, however, show considerable potential for all [...]
Angus Gold Inc. is pleased to provide an update on its ongoing exploration program on the Company’s Golden Sky project near Wawa, Ontario. The Company has consolidated a 205-square-kilometre district-scale land package which lies between Wesdome Gold Mines’ two producing mines, Eagle River and Mishi. The summer program was focussed on two high priority areas, the Dorset Gold Deposit and the Banded Iron Formation Zone [...]
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