Company
MAS Gold Corp
CVE:MAS.
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.
31 stories · page 1 of 2
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