Angold Resources Launches Strategic Review Process and Appoints Galen McNamara as Interim CEO
Vancouver, British Columbia--(Newsfile Corp. - December 15, 2022) - Angold Resources Ltd. (TSXV: AAU) (OTCQB: AAUGF) (FSE: 13L) ("Angold" or the "Company") is pleased to announce the appointment of the Company's Chairman, Galen McNamara, as Interim CEO effective immediately. In addition, Angold has today initiated a process to evaluate potential strategic alternatives (the "Strategic Review") to maximize the value of the Company's strongly mineralized and highly prospective gold project...
2022-12-15 7:30 AM EST
Angold Reports 94.5 Metres of 0.81 g/t Gold Equiv. from Surface at Iron Butte
Vancouver, British Columbia--(Newsfile Corp. - November 7, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce assay results for its 2022 drilling program at its Iron Butte Project, located approximately 60 kilometres ("km") south of Battle Mountain, Nevada. Key Highlights: Robust mineralization has been confirmed at Red Ridge with 0.81 g/t gold equivalent* (0.64 g/t Au and 14.3 g/t Ag) over 94.5 m from surface in hole...
2022-11-07 8:00 AM EST
Angold Enters into Option to Acquire the Hope Butte Gold Project, Oregon, USA
Vancouver, British Columbia--(Newsfile Corp. - October 17, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce that it has entered into an agreement with Hightest Resources, LLC (the "Vendor"), an arms-length party, pursuant to which it has been granted the right to earn a 100% undivided ownership interest in the Hope Butte Project ("Hope Butte" or the "Property"), located in Malheur County, Oregon, USA (the "Acquisition")....
2022-10-17 8:00 AM EDT
Angold Completes Drill Program at Iron Butte, Nevada
Vancouver, British Columbia--(Newsfile Corp. - October 12, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce the completion of the drilling program at its Iron Butte Project, located approximately 60 kilometres ("km") south of Battle Mountain, Nevada. A total of 5 holes were completed for a total of 2,152 metres. Drilling was distributed across the project area, with three holes into the Red Ridge Zone, one at the North...
2022-10-12 8:00 AM EDT
Angold Commences Field Work at Uchi, Canada
Vancouver, British Columbia--(Newsfile Corp. - September 13, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce that it has commenced the first field work season on its Uchi Project in the Birch-Uchi Greenstone Belt, in the prolific Red Lake mining district in Ontario, Canada. The Property covers an area of approximately 6,868 hectares (340 contiguous mineral claims) and was staked in 2019 and 2020. All claims are wholly...
2022-09-13 8:30 AM EDT
Angold Discovers Carlin-Style Alteration at Iron Butte, Deploys RC Rig
Vancouver, British Columbia--(Newsfile Corp. - August 16, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to provide an update of drilling at its Iron Butte Project, located approximately 60 km south of Battle Mountain, Nevada. Drilling Highlights Drillhole AAU22-001 was stopped at 273 metres (894.5') depth due to lost tooling, and has been redrilled as AAU22-001A, as PQ-HQ core; In hole AAU22-001A, the Company drilled into a shear...
2022-08-16 8:45 AM EDT
Angold Reports Disseminated Silver Sulphides, Provides Drilling Update at Iron Butte, Nevada
Vancouver, British Columbia--(Newsfile Corp. - June 13, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce that it has identified disseminated silver sulphide mineralization in the first hole of its Phase One core drilling program at Iron Butte, Nevada. The Company is drilling hole AAU22-001 in the planned Phase One program of up to a 2,926 meter, 5-hole program. For more information on planned drilling, with maps, please...
2022-06-13 8:45 AM EDT
Angold Commences Drill Program, Outlines Targets at Iron Butte, Nevada
Vancouver, British Columbia--(Newsfile Corp. - April 19, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce that it has commenced preparation work for its upcoming drill program at Iron Butte, Nevada. Drill targets are the result of detailed coincident surface sampling, historic drilling, mapping and geophysical anomalies completed over 2021. Planned drilling will target coincident geochemical-geophysical anomalies in the...
2022-04-19 8:45 AM EDT
Angold Announces Closing of $805,894 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - April 14, 2022) - Further to its news release dated April 7, 2022, Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce closing of a non-brokered private placement of 5,756,386 units (each, a "Unit") at a price of $0.14 per Unit for aggregate gross proceeds of $805,894 (the "Offering"). Each Unit will consist of one common share (a "Common Share") and one common share purchase warrant of...
2022-04-14 8:00 AM EDT
Angold Announces Private Placement for Proceeds of up to $800,854
Vancouver, British Columbia--(Newsfile Corp. - April 7, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce that, following the closing of its brokered placement on April 5, 2022 for total proceeds of $2.74 million, it will be completing a non-brokered private placement of up to 5,720,386 units of the Company (the "Units"), at a price of $0.14 per Unit for aggregate gross proceeds of up to $800,854 (the "Offering"). Each Unit...
2022-04-07 5:24 PM EDT
Angold Announces Closing of $2.74 Million Marketed Public Offering of Units
Vancouver, British Columbia--(Newsfile Corp. - April 5, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce the closing of its previously announced marketed public offering (the "Offering") of 19,566,400 units of the Company (the "Units"), at a price of $0.14 per Unit for aggregate gross proceeds of $2,739,296. The Offering was conducted on a "best efforts" agency basis and was led by Research Capital Corporation and Canaccord...
2022-04-05 9:54 AM EDT
Angold Discovers New Gold Zones, Stakes Additional 1,540 ac. at Iron Butte, Nevada
Vancouver, British Columbia--(Newsfile Corp. - February 22, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce that it has identified new zones of gold mineralization to the north and west of the historic resource at Iron Butte, with samples of up to 0.6 g/t gold and high mercury (a pathfinder for gold in low sulfidation systems) at surface. An additional 77 claims have been staked adding to this Northern Extension Area for a...
2022-02-22 8:45 AM EST
Angold Provides Update of Field Work, Discovers New Zones at Cordillera, Chile
Vancouver, British Columbia--(Newsfile Corp. - January 26, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce that it has commenced the second field work season on its Cordillera project in the Maricunga Gold Belt of northern Chile. The program includes soil sampling, geophysics, prospecting, and detail mapping on areas surrounding the main target where the Company received assays of ore-grade gold samples up to 11.95 g/t...
2022-01-26 7:26 PM EST
Angold Provides 2021 Recap at Lajitas, Dorado, Chile
Vancouver, British Columbia--(Newsfile Corp. - January 17, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L1) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to recap the results of its 2021 program at the Lajitas target and provide guidance on sampling, geophysical results (IP, mag) over the entire Dorado Project. Key Highlights: Drilling: 2021 drilling at Lajitas confirmed >100m step-outs to the north and south and expansion of mineralization at depth. The Company's highlighted...
2022-01-17 9:00 AM EST
Angold Samples up to 11.85 g/t Gold at Dorado, Chile
Vancouver, British Columbia--(Newsfile Corp. - January 13, 2022) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L1) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce that it has sampled numerous targets at its Dorado Project in the Maricunga Belt of Chile (Figures 1 and 2). Key Highlights: Classic Maricunga Style Mineralization: Samples of up to 11.85 g/t gold at surface have been sampled from banded quartz porphyry-type vein outcrops which indicate the existence of near-surface...
2022-01-13 9:29 AM EST
Angold Announces Closing of Upsized $2,500,000 Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 16, 2021) - Further to its news release dated December 1, 2021, Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce closing of a non-brokered private placement of 22,727,273 units (each, a "Unit") for gross proceeds of $2,500,000 (the "Offering"). Each Unit consists of one common share and one common share purchase warrant ("Warrant"), each of which is exercisable at a price of...
2021-12-16 8:02 PM EST
Angold Announces Increase in Private Placement
Vancouver, British Columbia--(Newsfile Corp. - December 1, 2021) - Angold Resources Ltd. (TSXV: AAU) (FRA: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce that due to investor demand it has increased the size of its private placement, as previously announced on November 29, 2021. Angold now proposes to issue up to 22,727,273 units at $0.11 per unit ("Units") for total gross proceeds of up to C$2,500,000 (the "Offering"). Each Unit will consist of one common share and...
2021-12-01 8:00 AM EST
Angold Announces Non-Brokered Private Placement for Proceeds of up to $1,500,000
Vancouver, British Columbia--(Newsfile Corp. - November 29, 2021) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce a non-brokered private placement of up to 13,636,363 units (the "Units") at a price of $0.11 per unit for gross proceeds of up to $1,500,000 (the "Offering"). Each Unit will consist of one common share and one common share purchase warrant ("Warrant"). Each Warrant will be exercisable at $0.165 per share for three...
2021-11-29 8:30 AM EST
Angold Files Final Base Shelf Prospectus
Vancouver, British Columbia--(Newsfile Corp. - November 26, 2021) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce that it has filed a final short form base shelf prospectus (the "Shelf Prospectus") with the securities regulatory authorities in each of the provinces of Canada, except Québec. Subject to securities regulatory requirements, the Shelf Prospectus will provide for the potential offering in Canada of up to an aggregate...
2021-11-26 5:00 PM EST
Angold Commences Field Work at Iron Butte, Nevada
Vancouver, British Columbia--(Newsfile Corp. - October 6, 2021) - Angold Resources Ltd. (TSXV: AAU) (FSE: 13L) (OTCQB: AAUGF) ("Angold" or the "Company") is pleased to announce that it has commenced a program of geophysics, soil sampling, prospecting and mapping on areas surrounding the heavily oxidised historic gold resource of 606,186 ounces at 0.62 g/t. Prospecting and soil sampling is primarily targeting the location of gold bearing structures and supplements previous work completed by...
2021-10-06 8:45 AM EDT