AuMEGA Metals Announces Amended and Upsized Financing of C$30 Million, Anchored by Condire Investors, LLC
Key Highlights Approximately C$30.1 million committed through an upsized institutional financing, strengthening AuMEGA's balance sheet and funding runway. Anchored by a significant lead order from Condire Investors, LLC, a U.S.-based resource investment firm, which will hold approximately 19.9% of the Company on a non-diluted basis upon completion of this offering. Continued support from B2Gold Corp., which will maintain its 9.9% ownership position, reinforcing its role as a long-term...
2026-02-18 6:00 AM EST
AuMEGA Metals Announces Brokered LIFE Offering of up to C$10 million
Edmonton, Alberta--(Newsfile Corp. - February 12, 2026) - AuMEGA Metals Ltd. (ASX: AAM) (TSXV: AUM) (OTCQB: AUMMF) ("AuMEGA" or "the Company") is pleased to announce that it has entered into an agreement pursuant to which Clarus Securities Inc. has agreed to act as lead agent and sole bookrunner, for and on behalf of a syndicate of agents (the "Agents"), in connection with a best efforts private placement pursuant to which the Company intends to issue a combination of up to: (i) 42,553,191...
2026-02-12 11:22 AM EST
AuMEGA Metals Provides Strategic Update on Cape Ray District Growth
Key Highlights Established gold mineral resource provides a strong technical and valuation foundation for growth, completed in 20231 using a gold price assumption of US$1,750/oz. Indicated: 6.2 Mt at 2.25 g/t gold for 450,000 oz Inferred: 3.4 Mt at 1.44 g/t gold for 160,000 oz Assessing the potential for a mineral resource update incorporating improvements such as higher gold prices, additional drilling, re-logging of historic drill core, refined geological interpretation, and inclusion of...
2026-02-04 7:00 AM EST
AuMEGA Metals Advances Isle aux Morts Granite as a Top Priority Target
Key Highlights Strong multi-element geochemical coherence: Gold-in-till anomalies are spatially coincident with elevated copper (Cu), molybdenum (Mo) and bismuth (Bi) defining a large, zoned geochemical footprint consistent with a fertile gold and/or copper system. Intrusive-centred metal zonation identified: Elevated Cu-Mo-Bi responses are concentrated within the large Isle aux Morts Granite located within the Cape Ray West area, along structural corridors and intrusive contacts, providing...
2026-01-15 7:00 AM EST
AuMEGA Metals Identifies Several Gold and Base Metals Targets at Bunker Hill
Key Highlights New multi-kilometre gold trend defined along the Branch Fault Corridor, a major structural setting with minimal historical drilling and a previous intercept of gold nearby. Broader Nitty Gritty area emerging as a polymetallic opportunity, with elevated copper, lead, zinc and silver responses supported by historical high-grade surface samples. Re-logging at Nitty Gritty identifies previously unrecognised intrusions, providing a new geological framework for follow-up work and...
2026-01-08 7:00 AM EST
AuMEGA Metals Announces Capital Market Changes
Edmonton, Alberta--(Newsfile Corp. - December 8, 2025) - AuMEGA Metals Ltd (ASX: AAM) (TSXV: AUM) (OTCQB: AUMMF) ("AuMEGA" or "the Company") announces that effective 15 December 2025, its registry and transfer agent will change as follows: Australian Stock Exchange (ASX) From: Automic Registry Services To: Computershare Investor Services Pty Limited Level 17, 221 St. Georges Terrace Perth, Western Australia, 6000 Phone: 1300 850 505 Outside of Australia: +61 3 9415 4000 Website:...
2025-12-08 7:15 AM EST
AuMEGA Metals Expands Drill Program
Edmonton, Alberta--(Newsfile Corp. - November 25, 2025) - AuMEGA Metals Ltd (ASX: AAM) (TSXV: AUM) (OTCQB: AUMMF) ("AuMEGA" or "the Company") is pleased to announce that it has mobilised a second diamond drill rig to expand the diamond drilling program on the Major Electromagnetic ("EM") anomaly at the Cape Ray Gold Project in Newfoundland and Labrador, Canada (Figure 1). The current diamond drill program is progressing well and is currently focused on a large, newly defined airborne...
2025-11-25 6:30 AM EST
AuMEGA Metals Commences Diamond Drilling on Major Electromagnetic Target at Cape Ray
Edmonton, Alberta--(Newsfile Corp. - November 17, 2025) - AuMEGA Metals Ltd (ASX: AAM) (TSXV: AUM) (OTCQB: AUMMF) ("AuMEGA" or "the Company") is pleased to announce the commencement of a highly anticipated diamond drilling program at its Cape Ray Project in Newfoundland and Labrador, Canada - a major step in unlocking the next phase of discovery across its district-scale land package (Figure 1). AuMEGA's systematic exploration strategy continues to generate compelling targets across the Cape...
2025-11-17 6:30 AM EST
AuMEGA Metals Announces Technical Committee and Board Member Retirement
Edmonton, Alberta--(Newsfile Corp. - October 30, 2025) - AuMEGA Metals Ltd (ASX: AAM) (TSXV: AUM) (OTCQB: AUMMF) ("AuMEGA" or "the Company") advises that it has established a Technical Committee of the Board of Directors to enhance strategic oversight of the Company's exploration programs across its district-scale land position in Newfoundland and Labrador, Canada. The Technical Committee will comprise at least three Directors with deep geological and mining expertise and will work closely...
2025-10-30 10:16 AM EDT
AuMEGA Defines New Multi-Kilometre Gold Corridor at Cape Ray West
Key Highlights High-grade gold-in-till anomalies: Multiple >99th percentile gold values define three large, coherent anomalies extending up to approximately three kilometres in strike with peak value of 402 ppb gold-in-till. Untested intrusive contact: Anomalies are spatially associated with a network of cross-cutting structures within the Isle aux Morts Granite - a large, underexplored felsic intrusive that has never been drill tested. Coincident anomalous features: Gold-in-till anomalies...
2025-10-16 6:00 AM EDT
AuMEGA Identifies Major New Anomaly at the Cape Ray Project
Edmonton, Alberta--(Newsfile Corp. - October 2, 202
2025-10-02 6:00 AM EDT
AuMEGA Metals Cape Ray Drilling Extends Central Zone Mineralisation
Key Highlights Central Zone Mineralisation Extended: Diamond drilling at the Cape Ray Project intersected 1.85 g/t over 13.5 metres including 4.79 g/t over 0.85 metres from 340.5 metres, extending mineralisation down plunge of Z04 at Central Zone, with the deposit remaining open in multiple directions. Completed Comprehensive Mapping and Till Geochemical Sampling at Cape Ray West: Completed the Company's largest surface program in the project's history, with 91 rock and1,082 till samples...
2025-09-09 6:00 AM EDT
AuMEGA Metals Provides Exploration Update
Key Highlights Phase One Drilling Completed at Cape Ray: Completed a 2,559.7 metre diamond drill program, testing new key target areas, including resource extensions and newly identified anomalies, with initial assay results anticipated in early to mid-August 2025. Comprehensive Data Review: Conducted an extensive analysis of historical and recent exploration data, identifying promising anomalies and data gaps to refine drill targeting and enhance exploration efficiency. Extensive Till...
2025-07-29 6:25 AM EDT
AuMEGA Metals Strengthens Board with Appointment of James Withall
Edmonton, Alberta--(Newsfile Corp. - July 16, 2025) - AuMEGA Metals Ltd (ASX: AAM) (TSXV: AUM) (OTCQB: AUMMF) ("AuMEGA" or "the Company") is pleased to announce the appointment of Mr James Withall as a Non-Executive Director, effective 1 August 2025. Mr. Withall was formerly Chief Executive Officer of Rupert Resources Ltd. (TSX: RUP). Mr. Withall will serve as the Company's fourth Non-Executive Director. AuMEGA Metal's Chair of the Board of Directors, Justin Osborne commented: "We are...
2025-07-16 6:00 AM EDT
AuMEGA Metals Commences Diamond Drilling at Cape Ray and Announces Partial Diamond Drill Results from Bunker Hill
Key Highlights Diamond Drilling Recommences: Planned up to 10,000 metres of diamond drilling (success dependent) along with mapping, and sampling across high-priority targets at Cape Ray and Bunker Hill. Encouraging Early Drill Results at Bunker Hill West: Diamond drill hole CRD396 intersected 1.84 g/t gold over 1.0 metres including 5.58 g/t gold, 96 g/t silver, and 3.64% lead over 0.3 metres-supporting the presence of a larger mineralised system along the Branch Fault. Multiple Catalysts...
2025-05-26 6:00 AM EDT
AuMEGA Metals Identifies Major Structure at Bunker Hill from RC Drilling
Key Highlights Bunker Hill winter drilling program concluded: Drilled combined total of 5,067 metres of diamond and reverse circulation ("RC") drilling completed. RC drill program completed 147 holes: Shallow drill holes drilled at Bunker Hill to collect base-of-till ("BOT") and bottom-of-hole ("BOH") samples to detect gold in basement. BOT results are pending. Bedrock gold discovered on a major structure: RC drill hole CRC0284 reported an average of 417 ppb gold over six metres with a peak...
2025-05-06 6:00 AM EDT
AuMEGA Metals Strengthens Leadership Team with Appointment of Mike Skead as President
Edmonton, Alberta--(Newsfile Corp. - April 23, 2025) - AuMEGA Metals Ltd (ASX: AAM) (TSXV: AUM) (OTCQB: AUMMF) ("AuMEGA" or "the Company") is pleased to announce the appointment of Mike Skead as President, effective 1 May 2025. As President, Mr. Skead will serve as a senior executive reporting directly to the Managing Director and CEO. He will drive the Company's exploration strategy, lead the exploration team and be fully accountable for delivery all exploration activities designed to unlock...
2025-04-23 6:00 AM EDT
AuMEGA Announces Strategic Expansion of Bunker Hill, Winter Program Update and Multigram Gold from Blue Cove
Key Highlights Bunker Hill Winter Drilling Nearing Completion: ~3,600 metres drill to-date; program wraps up 22 April 2025. Bunker Hill Summer to Resume in July: Diamond drilling to restart with the goal of completing up to 10,000 metres. Bunker Hill Winter Assays Pending: Results from winter RC and diamond drilling expected shortly, with consistent news flow to follow. Strategic Bunker Hill Project Expansion: New claims staked south of Bunker Hill provide full strike extent of primary shear...
2025-04-10 6:00 AM EDT
AuMEGA Announces Commencement of its Winter Drill Program at Bunker Hill
Edmonton, Alberta--(Newsfile Corp. - February 25, 2025) - AuMEGA Metals Ltd (ASX: AAM) (TSXV: AUM) (OTCQB: AUMMF) ("AuMEGA" or "the Company") is pleased to announce the start of its 2025 winter drill program at Bunker Hill located along the Cape Ray / Valentine Shear in south central Newfoundland and Labrador, Canada. AuMEGA Metal's
2025-02-25 6:31 AM EST
AuMEGA Announces Results from Airborne Magnetic Survey on the Hermitage Gold-Antimony Project
Key Highlights High-resolution Airborne Magnetic geophysical survey completed over the Hermitage Gold-Antimony Project ("Hermitage" or the "Project"), covering an area of approximately 234 km2 consisting of 4,756 line-kilometres. Results demonstrate significant geological complexity across the entire 27-kilometre strike length with several second-order and third-order faults throughout the Project area. Large geological structures align with the previous high-grade prospecting samples that...
2025-02-04 7:00 AM EST