Canadian Gold Corp. Announces Tartan Mine Delivers High-Grade Gold Expanding the Hanging Wall Zone 20.6 g/t Gold over 5.7 Metres Including 30.4 g/t Gold over 3.0 Metres
Toronto, Ontario--(Newsfile Corp. - February 21, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce continued results from its Phase 2 Exploration Program at the Tartan Mine, located near Flin Flon, Manitoba. Since the Company's last update on January 11, 2024, two holes have been completed with assays having been received for one, TLMZ21-12W4, which was intended to expand the high-grade gold located in the Hanging Wall Zone to the west and to...
2024-02-21 9:00 AM EST
Canadian Gold Corp. Engages Velocity Trade as Market Maker
Toronto, Ontario--(Newsfile Corp. - January 19, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce that it has engaged Velocity Trade Capital Ltd. ("Velocity Trade") to provide market-making services to the Company in accordance with applicable securities laws and the policies of the TSX Venture Exchange ("Exchange"). Velocity Trade will manage trading of the Company's shares from time to time for the purposes of maintaining an orderly market,...
2024-01-19 9:00 AM EST
Canadian Gold Corp Drills Deepest Hole at Tartan - 415 m Below the Mine Resource Intersecting 12.7 GPT Gold Over 3.2 m, Meaningfully Expanding High-Grade at Depth
Toronto, Ontario--(Newsfile Corp. - January 11, 2024) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce initial results from its Phase 2 Exploration Program at the Tartan Mine, located near Flin Flon, Manitoba, including the deepest hole in the project's history. Drilling continues to extend the vertical limits of the high-grade gold mineralization, now identified to at least 415 metres below the resource estimate, increasing the vertical extent of...
2024-01-11 7:30 AM EST
Canadian Gold Corp. Highlights Transformative 2023 for Shareholders
Toronto, Ontario--(Newsfile Corp. - December 21, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce a summary of the work completed in 2023, in what has been a transformative year, and in addition, presents the Company's early exploration and development plans for 2024. Flin Flon Snow Lake Greenstone Belt Canadian Gold Corp.'s Tartan Mine project remains the Company's flag ship project, and sees opportunity being located in the prolific, world...
2023-12-21 1:11 PM EST
Canadian Gold Corp. Announces Final Closing of Private Placement and Drilling Update at Tartan Gold Mine
Toronto, Ontario--(Newsfile Corp. - November 30, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") announces the completion of the final tranche closing of its private placement offering, resulting in aggregate gross proceeds of $2,515,750 (see news releases dated November 6, and November 16, 2023). Overall, a total of $1,699,296 was raised by the issuance of flow through shares (all tranches of flow through shares) at a price of $0.205 per flow through share, and...
2023-11-30 7:03 AM EST
Canadian Gold Corp. Announces Over-Subscribed Private Placement Closing of Second Tranche
Toronto, Ontario--(Newsfile Corp. - November 16, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") announces the completion of the second tranche closing of its private placement offering, for gross proceeds of $1,729,997. Together with the first tranche closing ($626,753), the Company has raised an aggregate $2,356,750 to date. The Company anticipates a third and final tranche closing, which will increase the offering from $2,225,000, as announced on October 18,...
2023-11-16 8:53 AM EST
Canadian Gold Corp.: Approval of $300,000 Grant From Manitoba Mineral Development Fund (MMDF) Increases Company's Exploration Funding
Toronto, Ontario--(Newsfile Corp. - November 13, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce that it has been approved for a $300,000 grant from the Manitoba Mineral Development Fund ("MMDF") as announced at the CCMEC Mineral Conference held in Winnipeg, Manitoba last week. This grant, when combined with the Company's treasury and pending final tranche closing of the current financing, will increase Canadian Gold's total capital to...
2023-11-13 7:30 AM EST
Canadian Gold Corp.: Phase 2 Drill Program Begins at the Tartan Mine
Toronto, Ontario--(Newsfile Corp. - November 8, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce the commencement of its Phase 2 drilling program at the Company's 100% held Tartan Mine in the prolific Flin Flon-Snow Lake Greenstone belt, Manitoba. The phase 2 drill program is currently underway and anticipated to occur over the next several months with a minimum of 2,500 metres of drilling planned. The objective of the program is to further...
2023-11-08 11:06 AM EST
Canadian Gold Corp. Closes First Tranche Financing and Upsizes Placement
Toronto, Ontario--(Newsfile Corp. - November 6, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce the closing of the first tranche of its private placement offering for gross proceeds totalling $626,753. The Company issued: (i) 447,560 flow through shares at a price of $0.205 per share for gross proceeds of $91,750; and (ii) 3,821,450 units at a price of $0.14 per unit for gross proceeds of $535,003. Each unit is comprised of one common share...
2023-11-06 6:26 PM EST
Canadian Gold Corp. Announces Exploration and Financing Update
Toronto, Ontario--(Newsfile Corp. - October 31, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce the completion of its regional field exploration program, and that planning for a November, 2023 phase 2 drill program at the 100%-owned Tartan Mine, situated in the prolific Flin Flon-Snow Lake Greenstone Belt, Manitoba, is currently underway. The Phase 2 exploration drilling program intends to expand upon the Company's recent exploration drilling...
2023-10-31 9:21 AM EDT
Canadian Gold Corp Edward Huebert Appointed President and CEO
Toronto, Ontario--(Newsfile Corp. - October 18, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce, with the endorsement of Rob McEwen (the Company's largest shareholder - 37.6% of the outstanding common shares), the appointment of Edward (Ed) Huebert, as President, Chief Executive Officer, and director. Ed will be replacing Ian Ball, who was serving as Interim President and CEO. Ed is currently Special Advisor on Mining to the Cabinet Secretary...
2023-10-18 7:00 AM EDT
Announces Non-Brokered $2.25 Million Financing Lead Order from Rob McEwen the Company's Largest Shareholder
Toronto, Ontario--(Newsfile Corp. - October 18, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") announces that it has initiated a non-brokered private placement offering of up to $2,225,000, by the issuance of both flow-through common shares and non-flow through Units. Rob McEwen, the Company's largest shareholder (37.6% of the outstanding common shares) has committed to purchase $500,000 of the Units. Each flow-through share will be priced at $0.23 per share. Each...
2023-10-18 7:00 AM EDT
Canadian Gold Corp Phase 1 Exploration & Development Update at Tartan Mine; Drilling Outlines Considerable Depth Potential; Regional Exploration Returns High-grade Gold Close to Mine; Moving Ahead with Simplified, Higher Gold Recovery Process Plant Design
Toronto, Ontario--(Newsfile Corp. - September 27, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce additional drill results from its Phase 1 Exploration Program at the Tartan Mine, located near Flin Flon, Manitoba, which builds on the earlier drill holes that are targeting resource growth at depth (click here August 23, 2023 news release). The results to date indicate the potential for a larger discovery below the current resource estimate,...
2023-09-27 8:00 AM EDT
Canadian Gold Corp Phase 1 Exploration at Tartan Mine Significantly Expands High-Grade Mineralization Below Resource Limit Indicating Potential for Larger Discovery at Depth
Toronto, Ontario--(Newsfile Corp. - August 23, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce initial results from its Phase 1 Exploration Program at the Tartan Mine, located near Flin Flon, Manitoba, including its first test at depth. Drilling has intersected one of the best holes in the mine's history, 325 metres below the lower limit of the current resource estimate, increasing the vertical extent of the high-grade mineralization by 61%...
2023-08-23 8:00 AM EDT
Canadian Gold Corp: Robert McEwen Appoints Jim Downey to Board of Directors Long Serving Member of Provincial Legislature; Former Deputy Premier & Minister of Energy and Mines for Manitoba
Toronto, Ontario--(Newsfile Corp. - August 1, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") announces that Robert McEwen, the Company's largest shareholder (owning 37.6% of the outstanding common shares), has exercised his option and appointed Jim Downey as his second board nominee. Mr. Downey's appointment will help strengthen the Company's connection with Manitoba as it advances the Tartan Mine, near Flin Flon. Mr. Downey served in the provincial legislature...
2023-08-01 8:00 AM EDT
Canadian Gold Corp Update to Shareholders on Tartan Mine Tax Incentives
Toronto, Ontario--(Newsfile Corp. - July 25, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce that Manitoba Finance has confirmed that the Company's Tartan Mine, located near Flin Flon, would be considered a "Major Expansion" and eligible for a tax holiday should the mine re-enter production. Under the Mining Tax Act, companies need to meet certain requirements to receive the tax holiday. Based on the Company's review and meetings with Manitoba...
2023-07-25 8:00 AM EDT
Canadian Gold Corp. Tartan Mine: Looking to Improve Financial Returns & Sustainability
Toronto, Ontario--(Newsfile Corp. - June 5, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to outline several initiatives the Company is undertaking at the Tartan Mine (Flin Flon, Manitoba) to improve potential future returns, while focused on sustainability. In addition to the items outlined in this news release, the most important driver for the Company will be the discovery of additional high-grade gold resources. Details regarding the Company's 2023...
2023-06-05 8:16 AM EDT
Canadian Gold Corp. Phase 1 Exploration Program to Begin at Tartan Mine Main Objective: Extend High-Grade Gold at Depth Property Wide Exploration Potential Outlined
Toronto, Ontario--(Newsfile Corp. - May 12, 2023) - Canadian Gold Corp. (TSXV: CGC) ("Canadian Gold" or the "Company") is pleased to announce that its Phase 1 exploration program at the 100%-owned Tartan Mine near Flin Flon, Manitoba will begin on June 1, 2023. The Company is using this opportunity to highlight for shareholders the discovery potential on the property, specifically at the mine, and at its recently acquired projects adjacent to Agnico Eagle's Hammond Reef Gold Deposit (Ontario)...
2023-05-12 7:21 AM EDT
Satori Resources Name Change to Canadian Gold Corp. New Ticker Symbol "CGC" ON TSX Venture Exchange
Toronto, Ontario--(Newsfile Corp. - May 4, 2023) - Canadian Gold Corp. (TSXV: BUD) (formerly Satori Resources Inc.) (the "Company") is pleased to announce that its corporate name change has been completed and trading of the Company's common shares on the TSX-V will commence under the ticker symbol "CGC", as of tomorrow, Friday, May 5, 2023. There is no change in the capitalization of the Company in connection with the change of name and new trading symbol. No action is required by existing...
2023-05-04 12:37 PM EDT
Ian Ball Appointed Interim President & CEO Satori Resources
Toronto, Ontario--(Newsfile Corp. - April 27, 2023) - Satori Resources Inc. (TSXV: BUD) (the "Company") is pleased to announce Ian Ball has been appointed interim President and CEO effective today. Ian will replace Jennifer Boyle, who is continuing with the Company as Executive Vice-President and Director. Most recently Ian was President and CEO of Abitibi Royalties from 2014-2021. During this time period the company's share price generated a Compounded Annual Growth Rate ("CAGR") of 74%,...
2023-04-27 7:30 AM EDT