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Taiga Gold Corp.: Taiga Partner SSR Mining Identifies Consistent, Continuous High-Grade Gold Mineralization at Mac North Zone, Fisher Project SGO Mining Inc., a wholly-owned subsidiary of SSR Mining Inc. ( SSRM ) containing complete analytical results from 2020 drilling on the Fisher Property located 125km east of La Ronge, Saskatchewan. The property is contiguous to the north, south and east with SSRM s Seabee Gold Operation. The property is owned and operated by the Fisher Joint Venture ( Fisher JV ), comprised of 80% ownership by SSRM and 20% by TGC. Drilling was carried out in two phases completed during 2020Q1 and 2020Q4 and was financed by SSR while under option from Taiga (prior to formation of the Fisher JV). 37 holes were completed in 2020 for a total 12,976m (42,561 ). Four showing areas were tested during the program, with significant high-grade mineralization discovered in four separate areas and visible gold reported in seven holes. Continuous, high- ....
A Message from the President: Taiga Gold Corp. Anticipates a Banner Year in 2021 CRANBROOK, BC / ACCESSWIRE / January 14, 2021 / The year 2021 is off to an exceptional start for Taiga Gold with the receipt of a $3,000,000 cash payment from SSR Mining and the formation of a formal Fisher project. The exploration work that SSR Mining has completed to date at the Fisher exceeds $12m and has resulted in the discovery through drilling of high-grade gold mineralization in four separate areas along the very important Santoy shear structure. This is the same structure that hosts the Santoy Gold Mine located approx. 1.5km north of the Fisher property boundary. Further to this, we anticipate news in the next few weeks announcing the results of a 3570m drill program carried out in Q4 2020 at Fisher in the ....
(2) CRANBROOK, BC / ACCESSWIRE / January 5, 2021 / Taiga Gold Corp. (CSE:TGC) ( Taiga ) has received an earn-in notice from partner SSR Mining Inc. ( SSR Mining ) (SSRM) (SSRM) that it has satisfied its commitments and has exercised the second option earn-in for an 80% aggregate interest in the Fisher Project (the Fisher Property or the Property ) pursuant to the Option Agreement (the Agreement ). In accordance with the Agreement, SSR Mining has recently made a cash payment of CDN$3,000,000 to Taiga, completed over CDN$4,000,000 in exploration expenditures, reimbursed CDN$400,000 for initial exploration work and previously made an additional CDN$400,000 in cash payments to Taiga and predecessor Eagle Plains Resources Ltd. (TSX-V: EPL ) ( Eagle Plains ) (for total payments to Taiga/Eagle Plains of CDN $3,800,000). A joint venture comprised of SSR Mining (80%) and Taiga (20%) has now been formed (the Fisher JV ). Taiga retains a 2.5% net smelter return ( NSR ) on the m ....