AurCrest Gold Inc.: Aurcrest Gold Commences Drilling at Ranger Lake Property
AurCrest or the
Company ) (TSXV:AGO) is pleased to announce that drilling has commenced on the Company s 100%-owned Ranger Lake Gold Property (the Property ) in the Red Lake Mining District.
Mr. Christopher Angeconeb, President & CEO, states, The Company would like to thank all the small towns, First Nations, and cities of Northern Ontario for their support for the mineral exploration and mining industry, and in particular the communities of the Red Lake Mining District, as we begin drilling on the Ranger Lake gold property.
AurCrest utilized two separate technologies to identify drill targets on the Property, including the CARDS artificial intelligence system developed by Windfall Geotek Inc. and subsequently, Spatiotemporal Geochemical Hydrocarbon ( SGH ) analysis by Activation Laboratories Inc. ( ActLabs ). The initial three-hole 600 m drill program has been designed to test three significant ta
AurCrest Gold Inc.: AurCrest Gold Grants Stock Options
Company or
AurCrest )
(TSXV:AGO) wishes to announce that it has issued 1,950,000 options to the a director and four geological consultants. The options are exercisable at a price of $0.24 for a period of five years.
AurCrest Gold is a leader in the First Nations advancement into shared participation and inclusion in the regional mining opportunities and counts as its board of directors and management, past and present, many indigenous business and cultural leaders. AurCrest is proud to play a leading role in the gold exploration of Northwestern Ontario, especially in the Birch-Uchi Greenstone Belt and the Red Lake mining district, as it forges new business relationships between Canada s founding cultures.
AurCrest Gold Inc.: AurCrest Gold announces $1,000,000 Brokered Flow-Through Private Placement
Company or
AurCrest )
Offering ) of up to 3,333,333 flow-through units (the
FT Units ) of the Company at a price of $0.30 per FT Unit for up to $1,000,000. The Offering is being led on a best efforts basis by IBK Capital Corp. The gross proceeds of the Offering will be used to fund exploration activities at the Company s Ranger Lake and Richardson Lake properties, including drilling and further geochemical surveys at the Ranger Lake gold property.
Each FT Unit consists of one (1) flow-through common share of the Company and one (1) common share purchase warrant (a
AurCrest Gold purchases outstanding 2% NSR on Richardson Lake Gold Property and provides update of field work at Ranger Lake Gold Property torontotelegraph.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from torontotelegraph.com Daily Mail and Mail on Sunday newspapers.