Ranchero Gold Corp. is pleased to announce the appointment of Chris Bradbrook and Brian Szeto, the Company's President, to its Board of Directors . As part of the Company's planned transition, Steve Ristorcelli will be stepping down from the Board, but will remain involved with the Company's exploration programs at Santa Daniela as part of Ranchero's newly formed Technical Advisory team. The Company is also pleased to [...]
Ranchero Gold Corp. is pleased to announce the final drill results from its recently completed Phase I drill program at the Ma?z Azul prospect which is part of its 100%-owned Santa Daniela gold project located in Sonora, Mexico. Highlights of the Drill Results: Ranchero has completed its Phase I drill program with total diamond core drilling of 3,112 meters exceeding the Company's original planned drilling due to [...]
Ranchero Gold Corp. announces the grant of incentive stock options to acquire a total of 3,400,000 common shares of the Company to its directors, officers, employees, and consultants pursuant to its stock option plan and subject to any regulatory approval. Each stock option is exercisable at a price of C$0.29 per share for a period of five years from the grant date.
Ranchero Gold is pleased to announce additional drill results from its ongoing drill program at the Maíz Azul prospect which is part of its 100%-owned Santa Daniela gold project located in Sonora. Highlights of the Drill Results: All drill holes from the Company’s ongoing drill program at Maíz Azul have encountered gold mineralization. Additional drilling at the La Colmena target intersected 1.2 g/t gold over 21.2 m and [...]
Ranchero Gold is pleased to announce the first set of assay results from its inaugural drill program at the highly prospective Maíz Azul target, which is part of its 100%-owned Santa Daniela gold project located in Sonora. Highlights of the Drill Results: Gold mineralization was encountered in all of the first three drill holes from the Company’s 3,000-meter drill program. High grade intersection of 4.00 g/t gold over [...]
Ranchero Gold is pleased to announce the appointment of Brian Szeto as President, effective immediately. Mr. Szeto is an accomplished mining executive with more than 20 years of experience in mining and finance gained from a series of progressively senior management roles with a TSX listed gold producer and leading independent brokerages in Canada. Prior to joining Ranchero, Mr. Szeto was most recently a senior mining [...]
Ranchero Gold is pleased to provide an update of its ongoing exploration program at its 100%-owned Santa Daniela project located in Sonora. Maíz Azul is the most advanced prospect within Ranchero’s Santa Daniela concessions and lies 3.5 km east of Alamos Gold’s Mulatos mine complex. Geologic mapping, geochemistry and other studies in 2020 led to the definition of three principal targets known as La Colmena, La Cascada and [...]
Ranchero Gold is pleased to provide an update of its current drill program at its 100%-owned Santa Daniela project located in Sonora. The Santa Daniela project consists of a large 22,000-hectare concession that located in the heart of the Sierra Madre Occidental gold belt situated in close proximity to a number of currently operating gold mines. Diamond drilling is underway. The drill rig arrived on site on October 25 and [...]
Ranchero Gold is pleased to announce that trading of its shares has now started on the TSXV. It is also pleased to announce that the Company has contracted Globexplore Drilling. A rig is now being mobilized and is expected on site by the end of the week. The commencement of trading is the culmination of a reverse takeover of Melior Resources and a C$$5,258,887 concurrent financing. The start of drilling begins a new phase [...]
Ranchero Gold is pleased to announce that it has completed its previously announced reverse-takeover transaction with the private entity Ranchero BC Holding Corp. In accordance with the terms of the Transaction, the Company has acquired all of the issued and outstanding securities of Ranchero by way of a three-cornered amalgamation in accordance with the terms and conditions of the amalgamation agreement dated February [...]
Melior Resources Inc. refers to its press release of June 28, 2021 regarding the Default Notice received from Pala Investments Ltd and the subsequent Standstill Agreement entered into with Pala. The Company announces that it has today entered into a further standstill amending agreement with Pala pursuant to which Pala has agreed to extend the standstill period until October 31, 2021. Furthermore, Melior has also today [...]
Melior Resources Inc. is pleased to announce that Ranchero Gold Corp. has closed the second tranche of its previously announced private placement through the offering of an additional 454,545 subscription receipts at a purchase price of $0.55 per Subscription Receipt for gross proceeds of $250,000. In total, Ranchero has issued an aggregate of 9,561,613 Subscription Receipts under the Concurrent Financing for aggregate [...]
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