Highgold mining

The large property includes the high-grade JT Deposit and at least nine 9 other mineral prospects

Such non-registered HighGold Shareholders should contact their intermediary for instructions and assistance in receiving the Arrangement consideration. Registered HighGold Shareholders requiring assistance to exchange their HighGold Shares may contact Computershare for assistance at In addition, in accordance with the terms of the Arrangement, the holders of HighGold options will exchange their options for new options of HighGold, as well as 0. HighGold is a mineral exploration company focused on high-grade gold projects located in North America. For further information, please visit the HighGold Mining Inc.

Highgold mining

Free Trial Subscribe Sign In. Roan Mining News. A productive year: studies, exploration, expansion, success North of 60 Mining News - November 22, HighGold Mining completed 7, meters of drilling in 33 holes during the exploration program at its Johnson Tract gold project in Southcentral Alaska. HighGold Mining Inc. Results from the drill program are encouraging and will serve to inform ongoing drill planning and targeting as we continue to evaluate the multi-deposit potential of the project. In addition to drilling, the program included the initiation of preliminary scoping work to evaluate conceptual direct-shipping-ore scenarios; completion of a comprehensive work program to support the permitting of an underground exploration ramp; infill drilling that returned typical results from its high-grade JT deposit; various results ranging between narrow high and broad low from step-outs at Ellis Zone; and finally, encouraging new zones discovered for future exploration. While the company has initiated a multi-year program to determine the best course of action for a mine at Johnson Tract, drill results continue to outline just how prospective this property is. The drilling included six holes for hydrogeological and geotechnical studies along an alignment of a proposed 1,meter-long underground exploration ramp at JT Deposit, which hosts 3. GT, which was drilled as an infill hole to characterize ground and water conditions for future mine modeling at JT, cut Separate from the geotechnical drilling, two exploration holes were stepped out to meters south of the JT Deposit for potential extensions along strike. The drilling in this area included to meter step-outs on Ellis to sketch in resource potential and first-time tests of new targets between the two prospects. Drilling in has now defined two distinct and overlapping styles of mineralization at the Ellis Zone: a steep-dipping, structurally-controlled, high-grade quartz vein and sulfide breccia zone and a zone of shallow-dipping, broad, lower-grade, potentially stratigraphically-controlled mineralization with VMS-style characteristics.

Narrow high to bonanza-grade as well as broad low-grade mineralization have been intersected in step-out drilling at Ellis Zone, including:. HighGold Mining Inc. Highgold mining Company's listing on

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The Killero West permit complements the five exploration permits which were previously granted in May, , including the Killero East permit where exceptional historical Base of Till "BoT" copper-gold anomalies were generated by Anglo American plc Figure 1; Company News Release dated May 30, Capella currently expects scout core drilling of the priority Killero East target to commence in late Q1, ; this drill program would represent the first ever drill testing of the historical BoT copper-gold anomalies. Capella is also currently evaluating an initial diamond drill program on the Saattopora West target - the northwestern extension to Outokumpu Oy's former Saattopora gold-copper mining operation - during the northern summer. Figure 1. Indeed, given that BoT values over parts per million "ppm" copper are considered to be anomalous in this part of the Central Lapland Greenstone Belt, the Killero East values up to 5, ppm copper are truly exceptional. Given that drilling is optimally undertaken here under cold winter conditions, we currently expect first drilling of the Killero East anomaly to occur in March, I look forward to keeping all stakeholders updated as our exploration programs advance.

Highgold mining

Vancouver, British Columbia-- Newsfile Corp. HighGold will transfer all of the outstanding common shares of Epica Gold Inc. In consideration of the foregoing, Onyx Gold will transfer to the Company: i the respective number of Onyx Gold Shares equal to the number of HighGold Shares outstanding at the time of the Spin-Out, multiplied by 0. The Company will retain the Onyx Gold Spin-Out Shares as well as the Company's remaining assets and working capital, and continue as a mineral exploration company; and. It is also anticipated that Onyx Gold will complete a concurrent non-brokered private placement of Onyx Gold Shares to fund work programs and for general working capital the " Concurrent Financing ". The board of directors of the Company has determined that the PoA is in the best interests of the Company. Among other things, the separation of the Properties into a separate public company will position such assets to be valued on a standalone basis. In addition, the transaction will allow the Company's management to focus their efforts on the development of certain other exploration properties with Onyx Gold's management focused on exploring and developing the Properties.

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The Company's listing on HighGold Mining Inc. The exploration ramp will provide a platform to conduct cost-effective, tightly spaced definition drilling in the highest-grade portions of the known deposit to support future engineering and economic studies. Over the coming months, the data from its studies will be incorporated into the project design and form the basis of the exploration ramp permitting that is planned to commence in early Read More. Shane Lasley Heart of gold: the leg Roan Mining News. January 3, First Name. Most Popular Alaska mine value tops HighGold Mining Drills Finally, eight reconnaissance holes were completed across a 1,meter east-west trend between Ellis and the East DC prospect area. Separate from the geotechnical drilling, two exploration holes were stepped out to meters south of the JT Deposit for potential extensions along strike. Tweet Share Share Share Share.

Vancouver, British Columbia-- Newsfile Corp. The survey has also detected two significant intrusion-related targets with potential to host Cu-Au porphyry-style mineralization.

The calculated 1,meter-long ramp, which is parallel to and slightly outboard of the trend of mineralization, will also provide access to efficiently test multiple deep exploration targets. Newspaper Contact Subscribe About Store. July 11, I agree to Disclaimer and Privacy Policy. Alaska mine value tops September 23, HighGold Mining completed 7, meters of drilling in 33 holes during the exploration program at its Johnson Tract gold project in Southcentral Alaska. Over the coming months, the data from its studies will be incorporated into the project design and form the basis of the exploration ramp permitting that is planned to commence in early If you disable this cookie, we will not be able to save your preferences. You will now receive future alerts from us. Northern Star backs Po Enable or Disable Cookies.