Angold Resources Completes Sale of US Projects
Vancouver, British Columbia--(Newsfile Corp. - May 18, 2023) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) ("Angold" or the "Company") has completed its previously announced assignment of its interests in the Iron Butte and Hope Butte projects (the "Projects") to Lode Metals Corp. (CSE: LODE) ("Lode"). The assignment was completed pursuant to the terms of a definitive assignment and assumption agreement (the "Definitive Agreement") entered into with Lode Metals Corp. (CSE: LODE) ("Lode")...
2023-05-18 1:00 PM EDT
Angold Resources Announces US Projects Sale
Vancouver, British Columbia--(Newsfile Corp. - May 10, 2023) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) ("Angold" or the "Company") announces that is has entered into a definitive assignment and assumption agreement (the "Definitive Agreement"), dated May 9, 2023, to assign its interests in the Iron Butte and Hope Butte projects (the "Projects") to Lode Metals Corp. (CSE: LODE) ("Lode") in consideration for the issuance of 10,000,000 common shares of Lode (the "Consideration Shares")....
2023-05-10 1:47 PM EDT
Angold Resources Announces Management Change
Vancouver, British Columbia--(Newsfile Corp. - April 27, 2023) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) ("Angold" or the "Company") announces that its Chief Financial Officer, Gavin Cooper, has stepped down and that it has appointed Carson Halliday to replace him with immediate effect. Mr. Halliday has a strong background in financial reporting and extensive experience working with public companies in various sectors, primarily in the mining industry. He currently provides advisory and...
2023-04-27 4:30 PM EDT
Angold Announces Closing of Private Placement
Vancouver, British Columbia--(Newsfile Corp. - March 1, 2023) - Angold Resources Ltd. (TSXV: AAU) (OTCQB: AAUGF) (FSE: 13L) ("Angold" or the "Company") has completed its previously announced non-brokered private placement and has issued 10,250,000 shares of the Company at a price of $0.02 for aggregate gross proceeds of $205,000 (the "Offering"). The proceeds from the Offering will be used for financing existing operations and future geological work on the Company's projects, of which...
2023-03-01 11:38 AM EST
Angold Announces Revised Terms for Private Placement
Vancouver, British Columbia--(Newsfile Corp. - February 24, 2023) - Angold Resources Ltd. (TSXV: AAU) (OTCQB: AAUGF) (FSE: 13L) ("Angold" or the "Company") announces that it has elected to revise the pricing of its ongoing non-brokered private placement (the "Offering"). The Company will now offer up to 12,500,000 common shares of the Company at a price of $0.02 for aggregate gross proceeds of up to $250,000. All securities issued in connection with the Offering will be subject to a four...
2023-02-24 8:55 PM EST
Angold Announces Private Placement for Proceeds of up to $250,000
Vancouver, British Columbia--(Newsfile Corp. - February 2, 2023) - Angold Resources Ltd. (TSXV: AAU) (OTCQB: AAUGF) (FSE: 13L) ("Angold" or the "Company") announces that it will be completing a non-brokered private placement of up to 10,000,000 common shares of the company at a price of $0.025 for aggregate gross proceeds of up to $250,000 (the "Offering"). The Offering is subject to approval of the TSX Venture Exchange, and all securities issued will be subject to a four month hold period...
2023-02-02 6:36 PM EST
Angold Resources Launches Strategic Review Process and Appoints Galen McNamara as Interim CEO
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2022) - Angold Resources Ltd. (TSXV: AAU) (OTCQB: AAUGF) (FSE: 13L) ("Angold" or the "Company") is pleased to announce the appointment of the Company's Chairman, Galen McNamara, as Interim CEO effective immediately. In addition, Angold has today initiated a process to evaluate potential strategic alternatives (the "Strategic Review") to maximize the value of the Company's strongly mineralized and highly prospective gold project...
2022-12-15 7:30 AM EST
Angold Reports 94.5 Metres of 0.81 g/t Gold Equiv. from Surface at Iron Butte
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce assay results for its 2022 drilling program at its Iron Butte Project, located approximately 60 kilometres ("km") south of Battle Mountain, Nevada. Key Highlights: Robust mineralization has been confirmed at Red Ridge with 0.81 g/t gold equivalent* (0.64 g/t Au and 14.3 g/t Ag) over 94.5 m from surface in hole...
2022-11-07 8:00 AM EST
Angold Enters into Option to Acquire the Hope Butte Gold Project, Oregon, USA
Vancouver, British Columbia--(Newsfile Corp. - October 17, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce that it has entered into an agreement with Hightest Resources, LLC (the "Vendor"), an arms-length party, pursuant to which it has been granted the right to earn a 100% undivided ownership interest in the Hope Butte Project ("Hope Butte" or the "Property"), located in Malheur County, Oregon, USA (the "Acquisition")....
2022-10-17 8:00 AM EDT
Angold Completes Drill Program at Iron Butte, Nevada
Vancouver, British Columbia--(Newsfile Corp. - October 12, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce the completion of the drilling program at its Iron Butte Project, located approximately 60 kilometres ("km") south of Battle Mountain, Nevada. A total of 5 holes were completed for a total of 2,152 metres. Drilling was distributed across the project area, with three holes into the Red Ridge Zone, one at the North...
2022-10-12 8:00 AM EDT
Angold Commences Field Work at Uchi, Canada
Vancouver, British Columbia--(Newsfile Corp. - September 13, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce that it has commenced the first field work season on its Uchi Project in the Birch-Uchi Greenstone Belt, in the prolific Red Lake mining district in Ontario, Canada. The Property covers an area of approximately 6,868 hectares (340 contiguous mineral claims) and was staked in 2019 and 2020. All claims are wholly...
2022-09-13 8:30 AM EDT
Angold Discovers Carlin-Style Alteration at Iron Butte, Deploys RC Rig
Vancouver, British Columbia--(Newsfile Corp. - August 16, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to provide an update of drilling at its Iron Butte Project, located approximately 60 km south of Battle Mountain, Nevada. Drilling Highlights Drillhole AAU22-001 was stopped at 273 metres (894.5') depth due to lost tooling, and has been redrilled as AAU22-001A, as PQ-HQ core; In hole AAU22-001A, the Company drilled into a shear...
2022-08-16 8:45 AM EDT
Angold Reports Disseminated Silver Sulphides, Provides Drilling Update at Iron Butte, Nevada
Vancouver, British Columbia--(Newsfile Corp. - June 13, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce that it has identified disseminated silver sulphide mineralization in the first hole of its Phase One core drilling program at Iron Butte, Nevada. The Company is drilling hole AAU22-001 in the planned Phase One program of up to a 2,926 meter, 5-hole program. For more information on planned drilling, with maps, please...
2022-06-13 8:45 AM EDT
Angold Commences Drill Program, Outlines Targets at Iron Butte, Nevada
Vancouver, British Columbia--(Newsfile Corp. - April 19, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce that it has commenced preparation work for its upcoming drill program at Iron Butte, Nevada. Drill targets are the result of detailed coincident surface sampling, historic drilling, mapping and geophysical anomalies completed over 2021. Planned drilling will target coincident geochemical-geophysical anomalies in the...
2022-04-19 8:45 AM EDT
Angold Announces Closing of $805,894 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 14, 2022) - Further to its news release dated April 7, 2022, Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce closing of a non-brokered private placement of 5,756,386 units (each, a "Unit") at a price of $0.14 per Unit for aggregate gross proceeds of $805,894 (the "Offering"). Each Unit will consist of one common share (a "Common Share") and one common share purchase warrant of...
2022-04-14 8:00 AM EDT
Angold Announces Private Placement for Proceeds of up to $800,854
Vancouver, British Columbia--(Newsfile Corp. - April 7, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce that, following the closing of its brokered placement on April 5, 2022 for total proceeds of $2.74 million, it will be completing a non-brokered private placement of up to 5,720,386 units of the Company (the "Units"), at a price of $0.14 per Unit for aggregate gross proceeds of up to $800,854 (the "Offering"). Each Unit...
2022-04-07 5:24 PM EDT
Angold Announces Closing of $2.74 Million Marketed Public Offering of Units
Vancouver, British Columbia--(Newsfile Corp. - April 5, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce the closing of its previously announced marketed public offering (the "Offering") of 19,566,400 units of the Company (the "Units"), at a price of $0.14 per Unit for aggregate gross proceeds of $2,739,296. The Offering was conducted on a "best efforts" agency basis and was led by Research Capital Corporation and Canaccord...
2022-04-05 9:54 AM EDT
Angold Discovers New Gold Zones, Stakes Additional 1,540 ac. at Iron Butte, Nevada
Vancouver, British Columbia--(Newsfile Corp. - February 22, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce that it has identified new zones of gold mineralization to the north and west of the historic resource at Iron Butte, with samples of up to 0.6 g/t gold and high mercury (a pathfinder for gold in low sulfidation systems) at surface. An additional 77 claims have been staked adding to this Northern Extension Area for a...
2022-02-22 8:45 AM EST
Angold Provides Update of Field Work, Discovers New Zones at Cordillera, Chile
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce that it has commenced the second field work season on its Cordillera project in the Maricunga Gold Belt of northern Chile. The program includes soil sampling, geophysics, prospecting, and detail mapping on areas surrounding the main target where the Company received assays of ore-grade gold samples up to 11.95 g/t...
2022-01-26 7:26 PM EST
Angold Provides 2021 Recap at Lajitas, Dorado, Chile
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L1) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to recap the results of its 2021 program at the Lajitas target and provide guidance on sampling, geophysical results (IP, mag) over the entire Dorado Project. Key Highlights: Drilling: 2021 drilling at Lajitas confirmed >100m step-outs to the north and south and expansion of mineralization at depth. The Company's highlighted...
2022-01-17 9:00 AM EST