UrbanGold Identifies Two High Priority Gold in Soil Targets at Pallador Main - Drilling Planned
Ottawa, Ontario--(Newsfile Corp. - September 8, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce that it has received a detailed interpretation report of the soil B-horizon sampling completed earlier in the summer in the northwest portion of its 100%-owned Pallador property (the "Property") in the Troilus-Frotet area, Quebec. The 659-sample survey has identified several anomalous gold targets, including two high priority targets located south...
2020-09-08 12:01 PM EDT
UrbanGold Completes First Phase Drill Program on the Golden Road Block at Pallador
Ottawa, Ontario--(Newsfile Corp. - September 3, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to report the completion of its first phase of drilling on the Company's 100%-owned Pallador property (the "Property") in the Troilus-Frotet area, Quebec. A drill program consisting of 6 holes totalling 1,620 metres was completed on the Golden Road block and approximately 16 kilometres north of the Pallador Main block. Drilling focused on geophysical targets...
2020-09-03 8:00 AM EDT
UrbanGold Announces up to 102 g/t Au in Additional Grab Samples at Pallador
Ottawa, Ontario--(Newsfile Corp. - September 2, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to report additional surface exploration results on the Company's 100%-owned Pallador property (the "Property") in the Troilus-Frotet area, Quebec. Over the course of the summer, UrbanGold geologists have been conducting geological mapping and surface exploration on several blocks of the Property, including the main block located next to the Kenorland Minerals...
2020-09-02 8:00 AM EDT
UrbanGold Announces a Private Placement with Palisades Goldcorp
Ottawa, Ontario--(Newsfile Corp. - August 26, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce a non-brokered private placement (the "Private Placement") for $1,000,000 with Palisades Goldcorp Ltd. ("Palisades").The Private Placement consists of the sale of 4,166,667 units of the Company (the "Units") priced at $0.24 per Unit resulting in gross proceeds of $1,000,000. The Units will be comprised of one (1) common share of the Company ("Common...
2020-08-26 8:00 AM EDT
UrbanGold Starts Phase 1 Drill Program at Pallador, Completes Additional Geophysics
Ottawa, Ontario--(Newsfile Corp. - August 11, 2020) - UrbanGold Minerals Inc.(TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce the start of drilling operations on its 100%-owned Pallador Project (the "Property') in the Troilus area, Quebec. The diamond drill program of up to 2,500 metres will focus on gold exploration targets identified over the course of the summer and previously established targets. The Company is well funded to complete the work and additional drilling...
2020-08-11 8:30 AM EDT
UrbanGold Completes High Resolution Magnetic Survey at Pallador
Ottawa, Ontario--(Newsfile Corp. - August 4, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to report it has completed a 1,866 line-km high resolution magnetic survey over large portions of its 100%-owned Pallador project (the "Property") in the Troilus area, Quebec. One portion of the area covered is located less than 700 metres from Kenorland Minerals recently announced drill results which includes an intersection of 8.47 g/t Au over 29 metres...
2020-08-04 10:09 AM EDT
UrbanGold Announces 2,500 Metres Drill Program at Pallador in the Troilus Area
Ottawa, Ontario--(Newsfile Corp. - July 23, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to report it will begin a minimum 2,500 metre drill program in August 2020 on the Company's 100%-owned Pallador Project in the Troilus area, Quebec. The upcoming drill program will test the newly discovered gold bearing quartz vein system announced yesterday where several grab samples have returned values of up to 33 g/t Au (UrbanGold July 22nd, 2020 news...
2020-07-23 8:00 AM EDT
UrbanGold Assays Up to 33 g/t Au in Grab Samples at Troilus-Pallador
Ottawa, Ontario--(Newsfile Corp. - July 22, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to report initial exploration results on the Company's 100%-owned Pallador Project in the Troilus area, Quebec. UrbanGold geologists conducted initial bedrock mapping and boulder hunting on the main block of the Pallador Project and other areas of importance in June 2020. In total, 531 samples have been submitted for analysis and results for 230 samples have been...
2020-07-22 8:00 AM EDT
UrbanGold Announces Appointment of an Independent Director and Stock Option Grant
Ottawa, Ontario--(Newsfile Corp. - July 14, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") announces the appointment of Réjean Gosselin as Independent Director of the Company subject to the TSX Venture Exchange ("TSXV") approval.Mr. Gosselin is a mining executive and geologist who holds a Masters of Science in Geology from Laval University in Quebec and has more than 40 years of experience in the Canadian mining industry and internationally. Réjean has been...
2020-07-14 4:07 PM EDT
UrbanGold Consolidates Troilus Area Property by Acquiring Key Adjacent SOQUEM Ground
Ottawa, Ontario--(Newsfile Corp. - July 9, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce it is expanding its land position in the Troilus area by entering into a definitive agreement with SOQUEM pursuant to which it is acquiring 100% of the Dileo-Nord Property (the "Property"). The Property, consisting of 77 claims totaling 4,182 hectares, is adjacent to UrbanGold's Bullseye property on which it is in a joint venture with Argonaut Gold (see...
2020-07-09 8:30 AM EDT
UrbanGold Options its Lac James Property to Goliath Resources
Ottawa, Ontario--(Newsfile Corp. - July 9, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce the signing of an option agreement (the "Option Agreement") with Goliath Resources Inc. ("Goliath") for its Lac James property (the "Property") located in the Chibougamau area, Quebec.The Property, wholly-owned by UrbanGold, consists of 28 claims (1,560 hectares) and is adjacent to the Joe Mann deposit, a historical high-grade gold mine that produced a...
2020-07-09 8:15 AM EDT
UrbanGold Minerals and Argonaut Gold Sign Joint Venture for Troilus Bullseye Project
Ottawa, Ontario--(Newsfile Corp. - June 29, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") and Argonaut Gold Inc. (TSX: AR) ("Argonaut") are pleased to report they have entered into a formal joint venture (the "Joint Venture") for the Bullseye property (the "Property") located approximately 17 km south of the former producing Troilus Gold-Copper mine and 100 kms north of Chibougamau, Quebec.On September 13th, 2019, UrbanGold had announced the signing of an option...
2020-06-29 8:30 AM EDT
UrbanGold Begins Surface Work for Gold at Kiyask
Ottawa, Ontario--(Newsfile Corp. - June 26, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") announces the start of surface work at its Kiyask property (the "Property"). The Property consists of several blocks of claims all located between 5 and 20 kilometres northeast of the Urban-Barry mill operated by Bonterra Resources. Although the Property is known to contain at least 5 gold occurrences, the work will focus on the historical Gunnar showing which has reportedly...
2020-06-26 8:30 AM EDT
UrbanGold Begins Gold Exploration at Elmer-East
Ottawa, Ontario--(Newsfile Corp. - June 23, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce the commencement of its first exploration program on its 100% owned Elmer-East property (the "Property") located in James Bay, Quebec along the same greenstone belt as Azimut Exploration's Elmer recent gold discovery of 3.15 g/t Au over 102.0m in drilling (Azimut January 14, 2020 news release). Historical reports indicate that almost no surface work has...
2020-06-23 8:30 AM EDT
UrbanGold Hires Senior Technical Advisor, Increases Its Troilus Land Position and Dispatches Field Crew
Ottawa, Ontario--(Newsfile Corp. - June 8, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to report it has hired geologist Robert Fraser as the Company's senior technical advisor. Mr. Fraser was directly responsible for discovery of the Troilus Mine in the late 1980s by Kerr Addison Mines Ltd.Mathieu Stephens, President and CEO for UrbanGold commented: "We are very pleased that Mr. Fraser contacted UrbanGold regarding the potential of our Troilus area...
2020-06-08 8:30 AM EDT
UrbanGold Announces Closing of Non-Brokered Private Placement
Ottawa, Ontario--(Newsfile Corp. - June 3, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce that it has closed its previously disclosed non-brokered private placement (the "Offering") of units of the Company ("Units"), pursuant to which UrbanGold issued an aggregate of 8,000,000 Units for gross proceeds of $1,000,000. Each Unit is comprised of one common share of the Company ("Common Share") and one Common Share purchase warrant ("Warrant")....
2020-06-03 4:57 PM EDT
UrbanGold Acquires Key Gold Property in the Troilus Area; Quebec Precious Metals Monetizes Non-core Asset
Ottawa, Ontario--(Newsfile Corp. - May 26, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") is pleased to announce it is expanding its land position in the Troilus area by entering into a definitive agreement with Quebec Precious Metals Corporation ("QPM"), pursuant to which it is acquiring the Chemin Troilus Property (the "Property"). The Property, consisting of 61 claims totaling 3,314 hectares, is adjacent to UrbanGold's current land package. As consideration for...
2020-05-26 9:00 AM EDT
UrbanGold acquiert une propriété aurifère stratégique dans le secteur Troïlus; Métaux Précieux du Québec monétise un actif secondaire
Ottawa, Ontario--(Newsfile Corp. - 26 mai 2020) - UrbanGold Minerals Inc. (TSXV: UGM) (« UrbanGold » ou la « Société ») a le plaisir d'annoncer que la Société agrandit sa position de terrain dans le secteur de Troïlus, suivant la signature d'une entente définitive avec Corporation Métaux Précieux du Québec (« QPM »), en vertu de laquelle elle fera l'acquisition de la propriété Chemin Troïlus (la « propriété »). La propriété est constituée de 61 claims totalisant 3 314 hectares...
2020-05-26 9:00 AM EDT
UrbanGold Announces Increase to Proposed Non-Brokered Private Placement
Ottawa, Ontario--(Newsfile Corp. - May 12, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") announces that, further to its news release dated May 11, 2020 announcing a proposed non-brokered private placement for the sale of up to 4,800,000 units of the Company (the "Units") priced at $0.125 per Unit resulting in gross proceeds of up to $600,000 (the "Offering"), the Company has increased the size of the Offering to up to 8,000,000 Units resulting in gross...
2020-05-12 11:16 AM EDT
UrbanGold Announces Proposed Non-Brokered Private Placement
Ottawa, Ontario--(Newsfile Corp. - May 11, 2020) - UrbanGold Minerals Inc. (TSXV: UGM) ("UrbanGold" or the "Company") announces a proposed non-brokered private placement for the sale of up to 4,800,000 units of the Company (the "Units") priced at $0.125 per Unit resulting in gross proceeds of up to $600,000 (the "Offering"). The Units will be comprised of one (1) common share of the Company ("Common Share") and one (1) Common Share purchase warrant ("Warrant"). Each Warrant entitles the...
2020-05-11 8:30 AM EDT