Big Ridge Announces Additional Results from Hope Brook Phase I Drill Program
Toronto, Ontario--(Newsfile Corp. - June 28, 2022) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge") is pleased to announce additional diamond drill results from its 25,000-meter ("m"), Phase I exploration drill program at the past-producing Hope Brook Gold Project, located in southwestern Newfoundland and Labrador. The drill holes reported in this press release are from drill holes that targeted the shallow southwestern extension of the Hope Brook Deposit. Mike Bandrowski,...
2022-06-28 9:00 AM EDT
Big Ridge Announces Additional Results from Hope Brook Phase I Drill Program
Toronto, Ontario--(Newsfile Corp. - April 26, 2022) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge") is pleased to announce additional diamond drill results from its 25,000-meter ("m"), Phase I exploration drill program at the past-producing Hope Brook Gold Project, located in southwestern Newfoundland and Labrador. The drill holes reported in this press release are from the final drill holes completed in 2021 as well as results from drill holes completed after the resumption...
2022-04-26 9:15 AM EDT
Big Ridge Announces First Results from Hope Brook Phase I Drill Program Intersects 5.84 g/t Au Across 14.8 M at Shallow Depths
Toronto, Ontario--(Newsfile Corp. - April 5, 2022) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge") is pleased to announce initial diamond drill results from its 25,000-meter ("m"), Phase I drill program at the past-producing Hope Brook Gold Project, located in southwestern Newfoundland and Labrador. Big Ridge commenced the Phase I drilling in early November 2021 and completed 3,729 m in 17 holes before breaking for the holidays. The drill holes reported in this press release...
2022-04-05 9:10 AM EDT
Big Ridge Completes Sale of Ontario Properties
Toronto, Ontario--(Newsfile Corp. - March 1, 2022) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge") announces the closing of the sale of its 100% owned Ontario mining properties to Caprock Mining Corp. ("Caprock") pursuant to a sale agreement dated March 11, 2021. As consideration, Caprock issued a total of 10,000,000 common shares (the "Caprock Shares") to Big Ridge from treasury at a deemed price of $0.10 per Caprock Share for aggregate deemed consideration of $1,000,000....
2022-03-01 5:44 PM EST
Big Ridge Gold Enhances Exploration Team at Hope Brook Gold Project
Toronto, Ontario--(Newsfile Corp. - February 3, 2022) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge" or "Company") is pleased to announce the addition of Bill McGuinty, Vice-President Exploration. Mike Bandrowski, President & CEO, commented, "We are pleased to add Bill to the Big Ridge team. He brings many years of exploration, development and production experience along with the highest degree of professionalism. Bill's knowledge and experience will add significant value to...
2022-02-03 4:45 PM EST
Big Ridge Gold Announces Changes to Its Board of Directors
Toronto, Ontario--(Newsfile Corp. - January 17, 2022) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or "Company") is pleased to announce the appointment of James Maxwell to its Board of Directors. James joins the Big Ridge Board of Directors as the appointee of First Mining Gold Corp. (TSX: FF) ("First Mining"). First Mining retains the right to appoint one board member as long as it holds at least 10% of the issued and outstanding shares of Big Ridge. James joins Nick Tintor, Mike...
2022-01-17 5:00 PM EST
Big Ridge Gold Provides Destiny Option Agreement Update
Toronto, Ontario--(Newsfile Corp. - January 13, 2022) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge" or the "Company") announces that Clarity Gold Corp. (CSE: CLAR) has failed to make the cash and share-based payments due January 11, 2022 under the terms of the Destiny Gold Project Option Agreement and has provided the Company with a notice of cancellation, which terminates the option agreement. Following termination of the option agreement, Big Ridge retains 100% ownership...
2022-01-13 6:00 PM EST
Big Ridge Gold Restarts Drill Program at Hope Brook Gold Project
Toronto, Ontario--(Newsfile Corp. - January 12, 2022) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge" or the "Company") is pleased to announce that it has resumed drilling at the past producing Hope Brook Gold Project, located in southwest Newfoundland & Labrador. The company's drill contractor and operations team have returned to the Hope Brook Gold Project after taking a break in mid-December for the holidays. As stated in the Company's November 3, 2021 press release, Big...
2022-01-12 10:15 AM EST
Big Ridge Gold Provides AGM Results, New Board Addition and Options Grant
Toronto, Ontario--(Newsfile Corp. - December 15, 2021) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge" or the "Company") is pleased to announce the election of Kristina Bates to the Company's Board of Directors at its annual meeting of shareholders (the "Meeting") held on December 14, 2021. At the Meeting, the Company's shareholders overwhelmingly approved the matters brought before the Meeting, including: the expansion of the board to six directors, and the election of the...
2021-12-15 4:05 PM EST
Big Ridge Gold Provides Update on AGM
Toronto, Ontario--(Newsfile Corp. - December 9, 2021) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge" or the "Company") wishes to provide shareholders with an update on its upcoming annual and general meeting of shareholders (the "Meeting"), scheduled to take place on Tuesday, December 14, 2021. The Company confirms the following arrangements with respect to the Meeting: The timing of the Meeting is unchanged and will be held on Tuesday, December 14, 2021 at 12:00 p.m. Eastern...
2021-12-09 4:44 PM EST
Big Ridge Gold Commences Maiden Drill Program at Hope Brook Gold Project
Toronto, Ontario--(Newsfile Corp. - November 3, 2021) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge" or the "Company") is pleased to announce that it has commenced drilling at the past producing Hope Brook Gold Project, located in southwest Newfoundland & Labrador. Phase 1 Drill Program The company's drill contractor has mobilized two diamond drill rigs and drill crews at Hope Brook and will complete a minimum 25,000 meters of core drilling as part of the Phase 1 drill...
2021-11-03 9:20 AM EDT
Big Ridge Gold Announces OTCQB Listing and DTC Eligibility
Toronto, Ontario--(Newsfile Corp. - November 2, 2021) - Big Ridge Gold Corp. (TSXV: BRAU) (OTCQB: ALVLF) ("Big Ridge" or the "Company") is pleased to announce that the company's common shares are now trading on the OTCQB Venture Market ("OTCQB"), a US trading platform operated by the OTC Markets Group, under the symbol "ALVLF". "Listing on OTCQB is part of a longer-term strategy to expose the Company to a broader audience," said Mike Bandrowski, President and CEO of Big Ridge. "We believe...
2021-11-02 11:37 AM EDT
Big Ridge Gold Provides Exploration Update for the Hope Brook Gold Project
Toronto, Ontario--(Newsfile Corp. - October 13, 2021) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or the "Company") is pleased to provide an update on the exploration program that is currently in progress at the Hope Brook Gold Project, located in southwest Newfoundland & Labrador. Geophysics Program The company is nearing the completion of its Controlled Source Audio-frequency Magnetotellurics (CSAMT) geophysics program. The program is designed to test the large 1,200 meter ("m") gap...
2021-10-13 8:45 AM EDT
Big Ridge Gold Announces 100% Uptake in Warrant Acceleration and Provides Hope Brook Gold Project Update
Toronto, Ontario--(Newsfile Corp. - July 28, 2021) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or the "Company") is pleased to provide an update on its previously announced warrant acceleration and the handover of the Hope Brook Gold Project, located in Newfoundland and Labrador, from First Mining Gold Corp. (TSX: FF) ("First Mining") to Big Ridge. Warrants Fully Exercised On June 22, 2021 the Company announced that it had elected to accelerate the expiry date of the 22,325,000 Warrants...
2021-07-28 7:30 AM EDT
Big Ridge Gold Grants Stock Options
Toronto, Ontario--(Newsfile Corp. - July 2, 2021) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or "Company") announces that in accordance with the Company's stock option plan, it has granted incentive stock options to certain directors, advisors and employees to purchase an aggregate of 2,375,000 common shares of the Company at an exercise price of $0.305 (the "Options"). The Options are exercisable for a five-year term expiring June 30, 2026 and vest as follows: one-third on the date of...
2021-07-02 12:47 PM EDT
Big Ridge Gold Announces Closing of $5.0 Million Brokered Private Placement and Strategic Investment by Michael Gentile, CFA
Toronto, Ontario--(Newsfile Corp. - June 30, 2021) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or "Company") is pleased to announce that it has closed its previously announced brokered private placement (the "Offering") of 24,390,500 flow-through units (the "Units") of the Company at a price of C$0.205 per Unit, for aggregate gross proceeds of $5,000,052. Clarus Securities Inc. ("Clarus") acted as lead agent and sole bookrunner in connection with the Offering. Each Unit consists of one...
2021-06-30 9:15 AM EDT
Big Ridge Gold Announces Early Expiry of Warrants
Toronto, Ontario--(Newsfile Corp. - June 22, 2021) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or "Company") announced today that the Company has elected to accelerate the expiry date of 22,075,000 common share purchase warrants (the "Warrants") issued on July 8, 2020, in connection with a subscription receipt offering completed by the Company under its predecessor name, "Alto Ventures Ltd.". While the original expiry date of the Warrants is May 29, 2022, the Warrants provide that the...
2021-06-22 7:00 AM EDT
Big Ridge Gold Strengthens Team Ahead of Hope Brook Gold Project Summer Exploration Program
Toronto, Ontario--(Newsfile Corp. - June 17, 2021) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or "Company") is pleased to announce new additions to the company's technical and advisory teams. We are pleased to announce that Jeff Burke will be joining as Project Manager for the Hope Brook Gold Project located in southwestern Newfoundland. In addition, Dr. Laurie Curtis and Dr. Bill Pearson will be joining the Big Ridge Gold Corp. advisory team and current director, Nick Tintor will...
2021-06-17 7:00 AM EDT
Big Ridge Gold Announces Closing of Earn-In Agreement for the Hope Brook Gold Project in Newfoundland
Toronto, Ontario--(Newsfile Corp. - June 8, 2021) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or "Company") is pleased to announce that it has closed its previously announced earn-in agreement (the "Earn-In Agreement") with First Mining Gold Corp. (TSX: FF) ("First Mining") pursuant to which Big Ridge can earn up to an 80% interest in First Mining's Hope Brook Gold Project, located in Newfoundland and Labrador. Under the terms of the Earn-In Agreement, Big Ridge is now the operator of...
2021-06-08 7:00 AM EDT
Big Ridge Gold Provides Update on Hope Brook Gold Project Acquisition
Toronto, Ontario--(Newsfile Corp. - May 6, 2021) - Big Ridge Gold Corp. (TSXV: BRAU) ("Big Ridge" or "Company") is pleased to provide an update on its previously announced earn-in agreement (the "Transaction") with First Mining Gold Corp. (TSX: FF) ("First Mining") pursuant to which Big Ridge can earn up to an 80% interest in First Mining's Hope Brook Gold Project, located in Newfoundland and Labrador. The Company and First Mining are continuing to progress the Transaction towards closing,...
2021-05-06 7:00 AM EDT