Karus Gold Corp.

Recent News

  • Karus Gold Completes Successful Drill Program at the FG Gold Project

    Vancouver, British Columbia--(Newsfile Corp. - September 23, 2021) - Karus Gold Corp. ("Karus Gold" or the "Company") is pleased to announce that it has completed exploration activities at the FG Gold Project ("FG Gold") in the South Cariboo Gold District ("District") in British Columbia (Figure 1). A total of 7,142 meters ("m") in 19 diamond drill holes were completed between early July and early September 2021 (Figure 2). The FG Gold 2021 drill program successfully:Confirmed the orientation of...

    2021-09-23 3:00 PM EDT
  • Karus Gold Completes C$1.4M Financing

    Vancouver, British Columbia--(Newsfile Corp. - September 10, 2021) - Karus Gold Corp. ("Karus Gold" or the "Company") is pleased to announce that it is has completed a non-brokered private placement of 1,529,929 units at a price of C$0.55 per unit ("Units") and 778,391 flow through units at C$0.73 per flow through unit ("FT Units") for aggregate gross proceeds of up to C$1,409,686 (the "Offering"). Each Unit consists of one common share of the Company (each, a "Unit Share") and...

    2021-09-10 4:02 PM EDT
  • Karus Gold Provides Exploration and Listing Update

    Vancouver, British Columbia--(Newsfile Corp. - July 29, 2021) - Karus Gold Corp. ("Karus Gold" or the "Company") is pleased to announce that is has completed the first phase of drilling at its Gold Creek project ("Gold Creek") and has commenced drilling at its FG Gold project ("FG Gold") in the South Cariboo Gold District in British Columbia (Figure 1). A total of 1,374.6 meters ("m") in five diamond drill holes were completed at Gold Creek between mid-June and early...

    2021-07-29 9:00 AM EDT
  • Karus Gold Identifies Multiple Gold Vein Corridors at FG Gold

    Vancouver, British Columbia--(Newsfile Corp. - June 16, 2021) - Karus Gold Corp. ("Karus Gold" or the "Company") announces that detailed interpretation of the 2020 drill program validates the Company's exploration thesis that structural controls generate repeating higher-grade gold vein corridors within the previously defined Upper and Lower zones at the FG Gold Project ("Project" or "FG Gold"). FG Gold is part of the Company's 1,000 square kilometer ("km") South Cariboo Gold District in British Columbia (Figure 1).Highlights2020 drilling defined...

    2021-06-16 4:30 PM EDT
  • Karus Gold Drills 5.3 Meters of 10.2 g/t Gold and 10 Meters of 5.5 g/t Gold from Upper Zone at FG Gold

    Vancouver, British Columbia--(Newsfile Corp. - June 9, 2021) - Karus Gold Corp. ("Karus Gold" or the "Company") announces additional high-grade gold drill results including 5.3 meters ("m") of 10.2 g/t gold and 10 meters of 5.5 g/t gold in the Upper Zone of the FG Gold Project ("Project" or "FG Gold"), part of the Company's 1,000 square kilometer ("km") South Cariboo Gold District in British Columbia (Figure 1).HighlightsFG-20-382 extends the continuity of Upper Zone gold mineralization a further 100m down...

    2021-06-09 8:30 AM EDT
  • Karus Gold Clarifies FG Gold Disclosure Related to Historical Resource

    Vancouver, British Columbia--(Newsfile Corp. - May 20, 2021) - Karus Gold Corp. ("Karus Gold" or the "Company") advises that as a result of a review by the British Columbia Securities Commission (the "BCSC"), the Company is issuing this news release to clarify disclosure pursuant to the requirements of National Instrument 43-101 Standards of Disclosure for Mineral Projects ("NI 43-101") regarding the historical resource at the FG Gold project, part of the 100% owned South Cariboo Gold District in British Columbia...

    2021-05-20 9:13 PM EDT
  • Karus Gold Outlines 2021 Exploration Program at South Cariboo Gold District

    Vancouver, British Columbia--(Newsfile Corp. - May 6, 2021) - Karus Gold Corp. ("Karus Gold" or the "Company") announces details on its planned 2021 exploration program on the 1,000 square kilometer ("km") South Cariboo Gold District in British Columbia (Figure 1). Karus Gold is planning a multi-staged program to realize the following objectives:FG GoldExpand newly discovered Lower Zone mineralization on-strike and down plunge of the 3.6 km historical resource area with a targeted drill programContinue to delineate controls for high-grade...

    2021-05-06 8:30 AM EDT
  • Karus Gold Drills 12.4 Meters of 4.3 g/t Gold at FG Gold Confirming Continuity of the Lower Zone Discovery with Widely Spaced Holes

    Vancouver, British Columbia--(Newsfile Corp. - April 22, 2021) - Karus Gold Corp. ("Karus Gold" or the "Company") announces additional high-grade gold drill results including 12.4 meters ("m") of 4.3 g/t gold in hole FG-20-376, starting at 239.4 m downhole in the Lower Zone of the FG Gold Project ("Project" or "FG Gold"), part of the 1,000 square kilometer ("km") South Cariboo Gold Property in British Columbia. Additionally, hole FG-20-376 which intercepted 62.3 m of 1.7 g/t gold, confirms...

    2021-04-22 8:30 AM EDT