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Battle North Gold Corporation (TSX: BNAU)(OTCQX: BNAUF) ( Battle North or the Company ) is pleased to provide an update on its 2021 Red Lake exploration plans. The Company plans to conduct exploration activity on its high-priority targets on its Red Lake Properties and is pleased to announce that drilling at its highly prospective McCuaig target has commenced. CEO Comment Battle North President and CEO George Ogilvie, P.Eng., commented, We are pleased to finally start drilling on our Red Lake Properties and are excited by the potential for meaningful discoveries through our planned work programs this year. Our programs will reflect and greatly benefit from the impressive wealth of knowledge and experience of Red Lake geology of Maura Kolb, P.Geo., our Director, Regional Exploration, her team and our consultants. The regional program will supplement our existing mine site exploration activity which has yielded positive results over the past few years. ....
Battle North Gold Signs Commitment Letter for a US$40 Million Credit Facility to Fully Fund the Development of the Bateman Gold Project News provided by Share this article Battle North Gold Corporation (TSX: BNAU) (OTCQX: BNAUF) ( Battle North or the Commitment Letter ) with Macquarie Bank Limited ( Macquarie ) for a senior secured term loan facility of US$40 million ( Credit Facility ) to be used to fund the construction of the 100%-owned, shovel-ready Bateman Gold Project (the Project )[1] in Red Lake, Ontario, Canada. The proceeds of the Credit Facility, together with cash currently on the Company s balance sheet, is expected to fully fund the Project to Commercial Production. ....