Vancouver, British Columbia–(Newsfile Corp. – November 15, 2021) –( ) (OTCQB: KTGDF) (FSE: 23K) (“K2” or the “Company“) is pleased to provide an update on exploration activities at the Company’s Mojave project in Southern California. A geochemical sampling program was recently conducted and included the collection of 1,178 soil samples on the Eastern Target area, Upland-Gold Valley, Stega, and Soda Canyon target areas. In addition to the extensive soil program, 143 Ionic Leach samples were collected from the Upland Valley target area in specific locations where the surface substrate was predominantly covered by locally transported colluvium material.
- Stega: New – Defined a new 1.7km gold in soil anomaly on the Stega target that is open in both directions along strike. Includes samples up to 15,787 ppb Au (15.79 g/t Au) and five samples >1,000 ppb Au.
- Soda Canyon: New – Defined a new 1.2km gold in soil anomaly on the Soda Canyon target; including samples up to 2,473 ppb Au (2.47 g/t Au). Also defined an adjacent copper in soil anomaly over 1.5km of strike length; includes samples up to 2,427 ppm Cu.
- Upland Valley: New – Defined a new NW trending, gold (+Hg, Sb, & Mo) in soil and ionic leach anomaly extending over 1km and indicating the potential for a previously unrecognized trend of gold mineralization.
- Gold Valley: Extension – Gold Valley gold in soil anomaly has been extended a further 450m to the north; includes samples up to 2,561 ppb Au (2.56 g/t Au).
Steve Swatton, President and CEO of K2 commented: “These latest exploration results at Mojave are spectacular and continue to highlight the mineral potential of the entire property, not only for gold, but also for copper, silver, lead, and zinc. Rigorous fieldwork following up geochemical anomalies defined from the 2020-2021 field season, combined with interpretation of new geophysical data, has led the Company to interpret previously unrecognised intrusive(s), situated beneath structurally complex low to high sulphidation epithermal gold, copper, and base-metal showings, and indicates the potential for Cu+/-Au-Mo porphyry style mineralization at depth. We look forward to continuing to advance the project and beginning our proposed Phase 2 exploration drilling. The decision to permit the next phase of drilling continues to advance through the Bureau of Land Management’s review process.”
Please CLICK HERE to view all figures related to this news release.
A total of 1,178 soil samples were collected across the Eastern Target Area, Upland-Gold Valley, Stega, and Soda Canyon target areas. The samples were targeting ‘C-horizon’ soil material and were collected from depths ranging from surface to 90cm. Individual results for the sampling ranged from trace to 15,787 ppb Au (15.79 g/t Au) and defined a series of new exploration targets for gold and associated pathfinder elements across the property. Each target area is discussed below:
Eastern Target Area
The Eastern Target Area comprises the Flores, Broken Hill, Newmont, Remi, and Dragonfly targets on the eastern side of the Mojave property. A total of 314 soil samples were collected across the area to update historic sampling by Newmont and BHP and provide an updated and consistent geochemical database across the targets. Individual samples returned values ranging from trace to 7,650 ppb Au (7.65 g/t Au) and the results further refined known gold and associated pathfinder anomalies on these targets.
Upland – Gold Valley
A total of 122 samples were taken in the Upland-Gold Valley target areas. The sampling was conducted to expand upon known gold in soil anomalies on the Gold Valley target to the north and selectively sample areas of developed soil cover on the Upland Valley area. The interleaving areas of colluvial cover on Upland Valley were sampled using Ionic Leach and area discussed further below. Individual soil samples on Upland-Gold Valley returned results ranging from trace to 2,561 ppb Au (2.56 g/t Au) and include an approximately 100m x 450m expansion of the Gold Valley target to the north. The Gold Valley target now spans over 1.1km of strike length and is interpreted to cover the northwestern extension of faults associated with high-grade mineralization on the Dragonfly target. Additionally, two adjacent samples from an unexplored area on the west side of Upland Valley approximately 800 west of Gold Valley returned 88.5 and 94.7 ppb Au, respectively. Follow-up investigation of both anomalous areas is currently underway.
A total of 438 samples were collected across the Stega target area(s). The Stega is located on the southwestern side of the Mojave property and consists of three adjacent geochemical trends consisting of the Stega Gold Zone, Stega Copper Zone, and Stega Silver – Lead Zones defined by previous rock sampling. The soil sampling was focused on the gold zone and was designed to help define the trends and identify additional targets along the trends for follow up sampling and mapping efforts. Individual samples on the target ranged from trace to 15,787 ppb Au (15.79 g/t Au) and the sampling defined a continuous, NW trending, gold in soil anomaly over 1.7km and up to 800m in width that is open in both directions along strike. This includes 6 samples > 1000 ppb Au and 48 samples > 100 ppb Au. The strongest anomalies are along NNW trending normal faults and NE trending fold hinges and thrust faults and highlight multiple anomalous areas on the target with minor to no historic rock sampling. Follow up investigation of these areas is currently underway.
Soda Canyon is located approximately 4km NW of Stega and covers a NW trending fault associated with silicified siltstone and limestone and minor historic rock sampling up to 2.5 g/t Au. A total of 304 samples were collected on Soda Canyon. Individual samples ranged from trace to 2473 ppb Au and defined a 1.2km gold in soil anomaly along the fault contact on the northern margin of the soil grid. In addition, the sampling defined a 1.5km zone of anomalous copper along with southern margin of the soil grid with results ranging from 5.5 to 2427 ppm Cu. The copper trend is subparallel to the gold trend to the north and is open to the NW and SSE and occurs along NW trending lithologic contacts, fold hinges, and/or faults with the strongest anomalies at intersections with ENE trending faults. Numerous historic workings were recognized along and adjacent to the trend and are associated with rock samples up to 3.3% Cu.
Ionic Leach Sampling
Ionic Leach sampling was conducted on areas with colluvial cover on the Upland Valley target areas where traditional soil sampling was not possible. A total of 143 samples were collected and designed to assess the potential for mineralization beneath areas of colluvial cover. Ionic Leach is a partial extraction geochemical technique designed to detect subtle element responses in covered terranes that can characterize larger mineral systems at depth that would be missed using traditional soil analysis techniques. The samples were collected on 50m spaced sample spacings and 300m spaced line as an initial reconnaissance across the target area. Individual samples ranged from trace to 36.5 ppb Au and statistics for the samples indicate that >14.06 ppb Au is above the 98th percentile (i.e. strongly anomalous) for the target. The sampling returned two areas of anomalous gold. The first occurs at the northern end of the grid and is associated with the extension of the Gold Valley soil anomaly discussed above. The second anomaly occurs within the central portion of Upland Valley approximately 1.6km NW of the Dragonfly target and forms a 1km trend of anomalous gold anchored by new soil anomalies of 88.5 & 94.7 ppb Au on the west side of Upland Valley discussed above. The anomaly is coincident with anomalous Hg, Sb, and Mo, primary pathfinder elements on the Dragonfly – Remi – Newmont – Flores targets and is interpreted to occur along a previously unrecognized splay of the Conglomerate Mesa Fault system, which is the primary control on mineralization on the Eastern Target area. Follow up investigation of the target is currently underway.
Ionic Leach samples were collected on the Owens target on the southwestern side of the Mojave Property. The results of these samples are currently being assessed and will be released in due course.
Drill Permitting Update
A Plan of Operations (PO) for drilling at 30 sites was accepted as complete by the USDI Bureau of Land Management (BLM). The drill program details have been made public and are being subjected to the mandatory environmental review period as an Environmental Assessment is completed. A Decision (permit modification) is scheduled following the environmental review and public comment in Q2 2022.
Assay Methodology & QA/QC
The analytical work on the Mojave project is being performed by MSALABS an internationally recognized analytical services provider, at its laboratory in Langley, British Columbia. All soil samples are prepared using procedure PRP-757 (dry, screen to 80 mesh) and analyzed by method IMS-131 (20g, aqua regia digestion and ICP-AES/MS analysis). All rock and drilling samples are prepared using procedure PRP-910 (dry, crush to 70% passing 2mm, riffle split off 250g, pulverize split to better than 85% passing 75 microns) and analyzed by method FAS-111 (30g fire assay with AAS finish) and IMS-130 (0.5g, aqua regia digestion and ICP-AES/MS analysis). Any samples containing >10g/t Au are reanalyzed using method FAS-415 (30g Fire Assay with gravimetric finish). Samples containing >100 ppm Ag and/or >1% Cu, Pb, & Zn are reanalyzed using method ICF-6 (0.2g, 4-acid digest and ore grade ICP-AES analysis).
All Ionic Leach samples on the Mojave Project were submitted to ALS Global, an internationally recognized analytical services provider, at its laboratory in Vancouver, British Columbia. All ionic leach samples were analyzed using procedure ME-MS23 (50g, static sodium cyanide leach using chelating agents with the leachant buffered at an alkaline pH of 8.5 and ICP-MS analysis).
The reported work was completed using industry standard procedures, including a quality assurance/quality control (“QA/QC”) program consisting of the insertion of certified standard, blanks and duplicates into the sample stream.
Jodie Gibson, P.Geo, Vice President of Exploration and a Qualified Person under National Instrument 43-101, has reviewed and approved the technical information on this release.
K2 is a well-financed gold exploration company with approximately C$3.2M and projects in SW USA and the Yukon. In the USA, the Company is represented by its 100% subsidiary, Mojave Precious Metals Inc. (“MPM”). The Company is focused on the Mojave property in California, a 5,830-hectare oxide gold project with base metal targets. The location of Mojave enables the Company to have year-round news flow on multiple previously recognized surface gold targets that have been successfully drilled in the past by majors BHP and Newmont. Besides affording immediate drill targets based on the Company’s soil data integrated with LiDAR and Worldview-3 data, the property also has undrilled locations with gold enriched historical trench results including one at the Flores zone which recorded 8.4 g/t gold over 25.6m (see October 30, 2013 news release from).
K2 and MPM are committed to transparency, accountability, environmental stewardship, safety, diversity and inclusion, and community engagement.
On behalf of the Board of Directors,
President and CEO
Cautionary Statement on Forward-Looking Statements
This news release contains forward-looking statements that are not historical facts. Forward-looking statements involve risks, uncertainties and other factors that could cause actual results, performance, prospects and opportunities to differ materially from those expressed or implied by such forward-looking statements, including statements regarding the exploration program at Mojave, including results of drilling, and future exploration plans at Mojave. Factors that could cause actual results to differ materially from these forward-looking statements include, but are not limited to, variations in the nature, quality and quantity of any mineral deposits that may be located, the Company’s inability to obtain any necessary permits, consents or authorizations required for its planned activities, and the Company’s inability to raise the necessary capital or to be fully able to implement its business strategies. The reader is referred to the Company’s public disclosure record which is available on SEDAR (www.sedar.com). Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except as required by securities laws and the policies of the TSX Venture Exchange, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events or otherwise.
This news release does not constitute an offer to sell or a solicitation of an offer to buy, nor shall there be any sale of any of the securities in any jurisdiction in which such offer, solicitation or sale would be unlawful, including any of the securities in the United States of America. No securities of the Company have been or will, in the foreseeable future, be registered under the United States Securities Act of 1933 (the “1933 Act”) or any state securities laws and may not be offered or sold within the United States or to, or for account or benefit of, U.S. Persons (as defined in Regulation S under the 1933 Act) unless registered under the 1933 Act and applicable state securities laws, or an exemption from such registration requirements is available.
NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/103436
Nevada Copper Provides Update on Operational Advances
YERINGTON, Nev., Nov. 30, 2021 (GLOBE NEWSWIRE) — Nevada Copper Corp. (TSX: NCU) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper” or the “Company”)…
YERINGTON, Nev., Nov. 30, 2021 (GLOBE NEWSWIRE) —( ) (OTC: NEVDF) (FSE: ZYTA) (“Nevada Copper” or the “Company”) today provided an update on its operations, including advances at the Company’s underground mine at its Pumpkin Hollow Project (the “Underground Mine”) and an update on its 2022 development plan.
Underground Mine Operations Highlights
- Lateral Development Rates Continue to Rise. The Company has advanced approximately 760 lateral equivalent feet in the past 30 days, a 20% increase in average daily footage from the previous 30 days. Lateral development continues on multiple headings, providing access to ore mining zones in the East South orebody and advancing development towards the East North orebody.
- Sugar Cube to be Blasted Shortly. The high-grade Sugar Cube zone is planned to be drilled in December and mining is expected to commence in early Q1 2022. This will be the first stope mined in the East North orebody, which is expected to have higher quality ground conditions and significantly larger stope sizes.
- Processing Plant Operating Well. The mill continues to run at design specifications with the grinding, flotation, thickening, and concentrate filtration circuits performing well mechanically. The Company anticipates increased production and recovery rates with the addition of the Sugar Cube zone to the processing plant’s ore feed in Q1 2022.
- Surface Ventilation Fans on Schedule. The surface ventilation fans are on schedule to arrive on site in approximately 3 weeks with installation and commissioning expected to be completed on time in line with the demands of the mine plan.
2022 Development Plan Update
- Open Pit Drilling and Progressing. With additional funding received from the Company’s recent public equity offering, the Company intends to undertake an infill drilling campaign and to update its open pit studies to reflect opportunities for increased scale, larger resource and other optimization workstreams. Further updates on the Company’s 2022 development plan will be released shortly.
“I am pleased with the operational advances we have achieved this month, as we build on the progress from Q3,” stated Randy Buffington, President and Chief Executive Officer. “Our development rates continue to increase on a weekly basis and will soon provide access to the larger high-grade stopes, which is expected to result in increased ore feed delivered to our fully operational processing plant for a step further in our ramp-up progression.”
The technical information and data in this news release was reviewed by Greg French, C.P.G., VP Head of Exploration of Nevada Copper, and Neil Schunke, P.Eng., a consultant to Nevada Copper, who are non-independent Qualified Persons within the meaning of NI 43-101.
About Nevada Copper
Nevada Copper ( ) is a copper producer and owner of the Pumpkin Hollow copper project. Located in Nevada, USA, Pumpkin Hollow has substantial reserves and resources including copper, gold and silver. Its two fully permitted projects include the high-grade Underground Mine and processing facility, which is now in the production stage, and a large-scale open pit project, which is advancing towards feasibility status.
Randy Buffington, President and CEO
For further information contact:
Rich Matthews, Investor Relations
+1 604 757 7179
This news release includes certain statements and information that constitute forward-looking information within the meaning of applicable Canadian securities laws. All statements in this news release, other than statements of historical facts are forward-looking statements. Such forward-looking statements and forward-looking information specifically include, but are not limited to, statements that relate to mine development, production and ramp-up objectives, equipment installation, drilling programs and the completion of a new feasibility study.
Forward-looking statements and information include statements regarding the expectations and beliefs of management. Often, but not always, forward-looking statements and forward-looking information can be identified by the use of words such as “plans”, “expects”, “potential”, “is expected”, “anticipated”, “is targeted”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates”, or “believes” or the negatives thereof or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might” or “will” be taken, occur or be achieved. Forward-looking statements or information should not be read as guarantees of future performance and results. They are subject to known and unknown risks, uncertainties and other factors which may cause the actual results and events to be materially different from any future results, performance or achievements expressed or implied by such forward-looking statements or information.
Such risks and uncertainties include, without limitation, those relating to: the ability of the Company to complete the ramp-up of the Underground Mine within the expected cost estimates and timeframe; requirements for additional capital and no assurance can be given regarding the availability thereof; the impact of the COVID-19 pandemic on the business and operations of the Company; the state of financial markets; history of losses; dilution; adverse events relating to milling operations, construction, development and ramp-up, including the ability of the Company to address underground development and process plant issues; ground conditions; cost overruns relating to development, construction and ramp-up of the Underground Mine; loss of material properties; interest rates increase; global economy; limited history of production; future metals price fluctuations; speculative nature of exploration activities; periodic interruptions to exploration, development and mining activities; environmental hazards and liability; industrial accidents; failure of processing and mining equipment to perform as expected; labor disputes; supply problems; uncertainty of production and cost estimates; the interpretation of drill results and the estimation of mineral resources and reserves; changes in project parameters as plans continue to be refined; possible variations in ore reserves, grade of mineralization or recovery rates from management’s expectations and the difference may be material; legal and regulatory proceedings and community actions; accidents; title matters; regulatory approvals and restrictions; increased costs and physical risks relating to climate change, including extreme weather events, and new or revised regulations relating to climate change; permitting and licensing; volatility of the market price of the Company’s securities; insurance; competition; hedging activities; currency fluctuations; loss of key employees; other risks of the mining industry as well as those risks discussed in the Company’s Management’s Discussion and Analysis in respect of the year ended December 31, 2020 and in the section entitled “Risk Factors” in the Company’s Annual Information Form dated March 18, 2021. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in forward-looking statements or information. The forward-looking information or statements are stated as of the date hereof. Nevada Copper disclaims any intent or obligation to update forward-looking statements or information except as required by law. Readers are referred to the additional information regarding Nevada Copper’s business contained in Nevada Copper’s reports filed with the securities regulatory authorities in Canada. Although the Company has attempted to identify important factors that could cause actual actions, events, or results to differ materially from those described in forward-looking statements, there may be other factors that could cause actions, events or results not to be as anticipated, estimated or intended. For more information on Nevada Copper and the risks and challenges of its business, investors should review Nevada Copper’s filings that are available at www.sedar.com.
Nevada Copper provides no assurance that forward-looking statements and information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements or information. Accordingly, readers should not place undue reliance on forward-looking statements or information.
Giyani Announces Filing of Final Prospectus for $10 Million Bought Deal Equity Offering and Amended Technical Report
Not for distribution to U.S. newswire services or for dissemination in the United States TORONTO, Nov. 30, 2021 (GLOBE NEWSWIRE) — Giyani Metals Corp….
Not for distribution to U.S. newswire services or for dissemination in the United States
TORONTO, Nov. 30, 2021 (GLOBE NEWSWIRE) —( , GR:A2DUU8) (“Giyani” or the “Company“), announces the filing of its final prospectus for its previously announced bought deal public offering of units to raise approximately $10 million (the “Offering“).
The Offering is led by Cormark Securities Inc. and Beacon Securities Limited (the “Co-Lead Underwriters“) pursuant to which the Co-Lead Underwriters have agreed to purchase 22,727,300 units (the “Units“) from the treasury of the Company, at a price of $0.44 per Unit for total gross proceeds to Giyani of approximately $10 million. Each Unit will consist of one common share of the Company (a “Common Share“) and one-half of one common share purchase warrant of the Company (each whole common share purchase warrant, a “Warrant“). Each Warrant will entitle the holder thereof to acquire one Common Share from the Company at a price of $0.60 per Common Share for a period of 24 months after the closing of the Offering.
The Offering is now expected to close on or about December 3, 2021.
Concurrent with the filing of the final prospectus, Giyani filed an updated and amended technical report, prepared in accordance with National Instrument 43-101 (“NI 43-101“), on its K.Hill manganese project in Botswana titled “A Mineral Resource Estimate For The Kgwakgwe Hill Manganese Project, Botswana.” The amended and restated technical report is being refiled to reflect comments received from the Staff of the Ontario Securities Commission as a part of the prospectus review process in connection with the Offering. The amended and restated technical report now includes further qualified person support for the use of proceeds, work programs and budgets of the Company disclosed in the final prospectus.
Giyani is a mineral resource company focused on becoming one of Africa’s first low-carbon producers of high-purity electrolytic manganese precursor materials, used by battery manufacturers for the expanding electric vehicle market, through the advancement of its manganese assets in the Kanye Basin in south-eastern Botswana (the “Kanye Basin Prospects“), through its wholly-owned Botswana subsidiary Menzi Battery (Pty) Limited. The Company’s Kanye Basin Prospects consist of 10 prospecting licenses and include the past producing Kgwakgwe Hill mine and project, referred to as the K.Hill Project, the Otse manganese prospect and the Lobatse manganese prospect, all of which have seen historical mining activities.
Additional information and corporate documents may be found on www.sedar.com and onwebsite at https://giyanimetals.com/
On behalf of the Board of Directors of
Robin Birchall, CEO
Robin Birchall CEO, Director
+44 7711 313019
VP Business Development
+44 7866 591 897
Corporate Secretary and Investor Relations
+1 416 453 8818
Neither the TSX Venture Exchange (the “TSXV”) nor its Regulation Services Provider (as that term is defined in the policies of the TSXV) accepts responsibility for the adequacy or accuracy of this news release.
The securities described herein have not been registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”), or any state securities laws, and accordingly, may not be offered or sold to, or for the account or benefit of, persons in the United States or “U.S. persons,” as such term is defined in Regulation S promulgated under the U.S. Securities Act (“U.S. Persons”), except in compliance with the registration requirements of the U.S. Securities Act and applicable state securities requirements or pursuant to exemptions therefrom. This press release does not constitute an offer to sell or a solicitation of an offer to buy any of the Company’s securities to, or for the account of benefit of, persons in the United States or U.S. Persons.
Forward Looking Information
This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. All statements in this news release, other than statements of historical fact, that address events or developments that Giyani expects to occur, are “forward-looking statements”. Forward-looking statements are statements that are not historical facts and are generally, but not always, identified by the words “expects”, “does not expect”, “plans”, “anticipates”, “does not anticipate”, “believes”, “intends”, “estimates”, “projects”, “potential”, “scheduled”, “forecast”, “budget” and similar expressions, or that events or conditions “will”, “would”, “may”, “could”, “should” or “might” occur. Specific forward-looking statements and forward-looking information herein includes completion of the Offering.
All such forward-looking statements are based on the opinions and estimates of the relevant management as of the date such statements are made and are subject to certain assumptions, important risk factors and uncertainties, many of which are beyond Giyani’s ability to control or predict. Forward-looking statements are necessarily based on estimates and assumptions that are inherently subject to known and unknown risks, uncertainties and other factors that may cause actual results, level of activity, performance or achievements to be materially different from those expressed or implied by such forward-looking statements. In the case of Giyani, these facts include their anticipated operations in future periods, planned exploration and development of its properties, and plans related to its business and other matters that may occur in the future. This information relates to analyses and other information that is based on expectations of future performance and planned work programs.
Forward-looking information is subject to a variety of known and unknown risks, uncertainties and other factors which could cause actual events or results to differ from those expressed or implied by the forward-looking information, including, without limitation: inherent exploration hazards and risks; risks related to exploration and development of natural resource properties; uncertainty in Giyani’s ability to obtain funding; commodity price fluctuations; recent market events and conditions; risks related to the uncertainty of mineral resource calculations and the inclusion of inferred mineral resources in economic estimation; risks in how the world-wide economic and social impact of COVID-19 is managed; risks related to governmental regulations; risks related to obtaining necessary licenses and permits; risks related to their business being subject to environmental laws and regulations; risks related to their mineral properties being subject to prior unregistered agreements, transfers, or claims and other defects in title; risks relating to competition from larger companies with greater financial and technical resources; risks relating to the inability to meet financial obligations under agreements to which they are a party; ability to recruit and retain qualified personnel; and risks related to their directors and officers becoming associated with other natural resource companies which may give rise to conflicts of interests. This list is not exhaustive of the factors that may affect Giyani’s forward-looking information. Should one or more of these risks and uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those described in the forward-looking information or statements.
Giyani’s forward-looking information is based on the reasonable beliefs, expectations and opinions of their respective management on the date the statements are made, and Giyani does not assume any obligation to update forward looking information if circumstances or management’s beliefs, expectations or opinions change, except as required by law. For the reasons set forth above, investors should not place undue reliance on forward-looking information. For a complete discussion with respect to Giyani and risks associated with forward-looking information and forward-looking statements, please refer to Giyani’s Annual Information Form, all of which are filed on SEDAR at www.sedar.com.
Aguila American Gold Announces Name Change
Vancouver, British Columbia–(Newsfile Corp. – November 30, 2021) – Aguila American Gold Limited (TSXV: AGL) (OTCQB: AGLAF) (WKN: A2DR6E) ("Aguila" or…
Vancouver, British Columbia–(Newsfile Corp. – November 30, 2021) –( ) (OTCQB: AGLAF) (WKN: A2DR6E) (“Aguila” or the “Company”) Mr. Mark Saxon, CEO, announces that effective December 3rd , 2021, the name of the Company will be changed to “Aguila Copper Corp.” The name change was approved by the board of directors, in accordance with the articles of the Company, and has been accepted by the TSX Venture Exchange. On December 3rd, 2021 , the Company’s common shares will commence trading on the TSX Venture Exchange under its new name “Aguila Copper Corp.” There is no change to the Company’s trading symbol “AGL.”
“We are pleased to announce the new name for the Company, which better reflects the current and future asset portfolio,” said Mr. Mark Saxon, President & CEO. “We see tremendous opportunity for the exploration and development of copper projects in supportive North American jurisdictions, and are pleased to play a role in the provision of the essential materials for the energy transition. We will soon transition to new website and brand.”
About Aguila American Gold Ltd () (OTCQB: AGLAF) (WKN: A2DR6E)
Aguila American Gold is an emerging copper and precious metal company enhancing shareholder value through exploration and discovery.
ON BEHALF OF THE BOARD,
President & CEO
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
Cautionary Note Regarding Forward-Looking Statements
Certain information set out in this news release constitutes forward-looking information. Forward-looking statements are often, but not always, identified by the use of words such as “seek”, “anticipate”, “plan”, “continue”, “estimate”, “expect”, “may”, “will”, “intend”, “could”, “might”, “should”, “believe” and similar expressions. Forward-looking statements are based upon the opinions and expectations of management of the Company as at the effective date of such statements and, in certain cases, information provided or disseminated by third parties. Although the Company believes that the expectations reflected in such forward-looking statements are based upon reasonable assumptions, and that information obtained from third party sources is reliable, they can give no assurance that those expectations will prove to have been correct. Readers are cautioned not to place undue reliance on forward-looking statements.
These forward-looking statements are subject to a number of risks and uncertainties. Actual results may differ materially from results contemplated by the forward-looking statements. Accordingly, the actual events may differ materially from those projected in the forward-looking statements. When relying on forward-looking statements to make decisions, investors and others should carefully consider the foregoing factors and other uncertainties and should not place undue reliance on such forward-looking statements. The Company does not undertake to update any forward-looking statements, except as may be required by applicable securities laws.
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/105982
2 Years in Operation Alpha Lithium Secures Huge Backing From Uranium One at Tolillar Salar, Argentina
Benton Options High Grade VMS-Gold Project, Central Newfoundland
Namibia Critical Metals Inc. Completes Bulk Sampling from Starter Pit at Lofdal HREE Dysprosium-Terbium Project
Galantas Reports Financial Results For The Quarter Ended September 30, 2021
Tocvan Announces Start of Exploration at Pilar and Updates on Financing
Lion One Reports Additional High-Grade Intercepts from Infill Drilling at Tuvatu Gold Project, Fiji
Anaconda Mining Files Updated Mineral Resource Estimate and Mineral Reserves for the Point Rousse Gold Project
United States Adds Zinc and Nickel to Critical Minerals List
Denarius Announces Third Quarter and First Nine Months 2021 Results
Amarillo to be acquired by Hochschild
Articles21 hours ago
Metalstech drops the Tlamino purchase option
Articles13 hours ago
Hot Gold Stocks To Add To Your Watchlist
Economics11 hours ago
“Team Transitory” Is Dead After Powell Says “Time To Retire Word Transitory Regarding Inflation”
Articles23 hours ago
Lunnon Metals charts path to success in world-class nickel domain after transformative year
Articles23 hours ago
Galan Lithium’s PEA returns robust economics for 25-year Candelas Lithium project
Today’s News20 hours ago
Galantas Reports Financial Results For The Quarter Ended September 30, 2021
Today’s News20 hours ago
Tocvan Announces Start of Exploration at Pilar and Updates on Financing
Precious Metals13 hours ago
Discovery Silver Reports Cordero PEA with US$1.2B Post-tax NPV, 38% IRR & 2.0 Year Payback