Company
MAS Gold Corp
CVE:MAS. OTCMKTS:MSGCF
MAS Gold Corp is focused on exploration projects in Saskatchewan along the La Ronge Greenstone Belt. Its road-accessible projects are located approximately 60 kilometres west of producing Seabee and Santoy gold mines operated by SSR Mining Inc. In the belt, MAS Gold operates the Greywacke and Preview North Properties that include North Lake and Point advanced gold projects, each hosting drill-intercepted zones of gold mineralization. With the addition of the Elizabeth Lake VMS deposit and Henry Lake, MAS Gold has a 100% ownership of four properties totaling 33, 843 hectares (83, 628 acres) along geologically prospective sections of La Ronge, Kisseynew and Glennie Domains of the La Ronge Gold Belt. The Greywacke North deposit, which hosts several known stratabound, high-grade gold-bearing zones, has 255,500 tonnes at 9.92 g/t Au (cut-off grade of 5 grams gold/tonne) plus an Inferred Mineral Resource of 59,130 tonnes at 7.42 g/t Au (NI 43-101 Technical Report, June 1, 2016). The North Lake deposit located at Preview North Property is estimated to contain an Inferred Mineral Resource of 14,110,000 t grading 0.92 g/t Au, hence 417,000 contained ounces of gold. (NI 43-101 Technical Report, April 10, 2020) MAS Gold has recently completed a more intensive phase of work directed towards establishing the resource base for it “hub and spoke” mining model for its Preview-North and Greywacke projects.
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MAS Gold enters non-binding MOU with Kitsaki Management
The MOU establishes a basis for maintaining a cooperative and mutually beneficial relationship between MAS, Kitsaki, and its shareholder, which respects the rights and interests of the Lac La Ronge Indian Band and Kitsaki while supporting M
MAS Gold reprices 17,077,881 historical warrants originally issued on December 30, 2020, from $0.045 to $0.05 each
Jim Engdahl, chief executive officer of the company commented: "We believe that a reduction of exercise prices of the Historical Warrants will provide an excellent opportunity for existing investors holding Historical Warrants to continue t
MAS Gold employs consultants for La Ronge gold exploration studies; provides update on projects
MAS Gold hopes to advance its long-term goal of producing more than 100,000 ounces per year by co-mingling spoke properties with its North Lake hub
MAS Gold intersects one of the highest assay results ever recorded at North Lake deposit, reveals final winter drill results from La Ronge
Results from the 30 remaining diamond drill holes included a high-grade gold intercept at the North Lake deposit of 8.79 grams per ton gold over 3 meters
MAS Gold closes final private placement tranche; raises C$345,000
“Initial results from the latest drilling on the North Lake Deposit reported in our news release dated May 16, 2022 are encouraging, and we look forward to announcing additional results when available,” MAS Gold CEO Jim Engdahl said
MAS Gold raises C$1.73M after closing first tranche of private placement
The mineral exploration company said it intends to use the net proceeds to assist in advancing its portfolio of prospective projects, as well as for working capital requirements and other general corporate purposes
MAS Gold tweaks terms of potential $3M private placement
The private placement financing will now raise between $1.5 million and $3 million
MAS Gold encouraged by early drill results from North Lake deposit in Saskatchewan
The assays show the mineralization extends down dip of the most northern historic hole and upgrades the near surface resource at the deposit's northern extension
MAS Gold unveils non-brokered private placement of a minimum of $2M and up to a maximum of $3M through the sale of units at a price of $0.10 each
The company said it intends to use the net proceeds from the offering to assist it in advancing its portfolio of prospective projects as well as working capital requirements and other general corporate purposes
MAS Gold announces initial results from North Lake drilling
Preliminary assay results from five of the 34 holes from the North Lake drilling include 99 metres (m) grading 1 gram per tonne (g/t) gold, including 25m of 1.88 g/t gold; 84m grading 0.61 g/t gold, including 14m of 1.3 g/t gold; and 29.2m
MAS Gold finalizes acquisition of Preview SW gold property from Comstock Metals Ltd
Vancouver-based MAS issued 30 million shares to Comstock in exchange for 100% of its interest in the project
MAS Gold completes drilling on its North Lake Deposit in Saskatchewan
The company said it completed drilling a total of 4,123.5 meters over 34 diamond drill holes at the North Lake Deposit on its Preview North property in the La Ronge Gold Belt, in Saskatchewan
MAS Gold moves closer to closing the deal to acquire Preview SW gold property after Comstock shareholders approve transaction
In January, Vancouver-based MAS signed a definitive agreement with Comstock to acquire 100% of its interest in the Preview SW gold project and property in return for 30 million MAS Gold common shares
MAS Gold appoints Karen Frisky as its new CFO
Frisky has 28 years of accounting experience, including 12 years in senior management roles with professional public companies
MAS Gold appoints Laurie Thomas as company's new vice president of investors relations
"Bringing Laurie on board to lead our Investor Relations team in Saskatoon is a welcome addition to the MAS Team of professionals," said Jim Engdahl, CEO of MAS Gold Corporation in a statement
MAS Gold announces drill program start on its Preview-North property and Comstock's Preview SW property
The 8,000-meter program was initiated on the North Lake Deposit and will also include drilling at both the Preview SW Deposit and the Point Deposit later on
MAS Gold is developing a one-million ounce-plus gold resource in mining-friendly Saskatchewan
The company has a portfolio of 100%-owned, gold-focused projects in the La Ronge Greenstone Belt that includes a past-producing mine
MAS Gold signs definitive agreement to acquire Comstock Metals' Preview SW gold project
“The Preview SW property is an ideal addition to MAS Gold's current portfolio of Hub and Spoke properties, where the concept that the mineralized material from various satellite deposits could be co-mingled at a centrally located processing
MAS Gold and Eros Resources strike option agreement on its La Ronge gold belt property portfolio in Saskatchewan
Eros will have the right to earn a 17.5% interest in the properties in exchange for funding $3.5 million in exploration expenditures over a six-month period
MAS Gold signs letter of intent with Comstock Metals to acquire Preview SW gold project in La Ronge, Saskatchewan
“Upon completion of the proposed transaction this high-quality asset combined with MAS Gold's mineral portfolio, which includes the recently updated North Lake and Greywacke North mineral resources announced December 6, 2021, and December 9
MAS Gold updates Mineral Resource estimate for North Lake gold deposit in Saskatchewan
The gold deposit is estimated to contain an Inferred Mineral Resource of 18,100,000 tonnes grading 0.85 g/t Au
MAS Gold moving towards 1M gold ounce goal in Saskatchewan with updated Greywacke North resource
The new resource follows the firm's 11 hole diamond drill program at the property and showed a total of 156,000 ounces of contained gold across the indicated and inferred categories
MAS Gold intersects high-grade gold at its North Lake gold deposit in Saskatchewan
Final results from the summer drill program included 103 meters of 1.4 grams per tonne (g/t) gold