Company
Solstice Gold Corp.
CVE:SGC
Solstice Gold Corp is a gold-focused exploration company with quality, district-scale projects in established mining regions of Canada. The company's total 180 square kilometer (km2) land position is located on the northern extensions of the prolific Red Lake Gold Camp in Ontario. The Red Lake Extension (RLX) Project is approximately 45 kilometers (km) from the Red Lake Mine Complex owned by Evolution Mining. Solstice Gold is funded for phase one drilling at RLX. Its newly formed 322 km2 Atikokan Gold Project is approximately 23 km from the Hammond Reef Gold Project owned by Agnico Eagle Mines Limited and is fully funded for a robust field program in 2022. The company's district-scale Qaiqtuq Gold Project, which covers 886 km2 with certain other rights covering an adjacent 683 km2, hosts a 10 km2 gold boulder field and is fully permitted with multiple drill-ready targets. Qaiqtuq is located in Nunavut, Canada, only 26 km from Rankin Inlet and approximately 7 km from the Meliadine gold deposits owned by Agnico Eagle Mines Limited.
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Solstice Gold provides Phase 1 drilling results at Red Lake Extension project; says Phase 2 drilling to start in January
“The goal of the first phase of drilling was to test our easy access summer targets and explore for the continuation of the Red Lake trend," CEO Mike Timmins said
Solstice Gold updates on its royalty and property portfolio in Ontario and Quebec
“Our extensive, cash-generating gold and battery metal portfolio has continued to deliver value to Solstice shareholders as we’ve harvested approximately $2.3 million of cash and share payments since its acquisition and added three new stan
Solstice Gold hopes to follow in the footsteps of Great Bear Resources’ Red Lake success
Reinterpretation of seismic data in a largely underexplored area of the Red Lake Camp could bode well for Solstice Gold
Solstice Gold closes its upsized private placement financing for gross proceeds of approximately $2.7M
The company also announced that Kevin Reid will step down as a director of the company effective September 30, 2022, due to personal time constraints but will remain the largest shareholder of the company
Solstice Gold upsizes non-brokered private placement to gross proceeds of $3M in response to strong investor demand
Participation continues to be led by members of the board of directors, the management team, and a new institutional investor, the company said