MegumaGold To Initiate Drilling Program at Caribou Gold Project in Nova Scotia
VANCOUVER, British Columbia, July 21, 2021 (GLOBE NEWSWIRE) -- MegumaGold Corp. (CSE: NSAU) (MegumaGold or the Company), is pleased to announce that it anticipates to start core drilling in early August at the Companys Caribou Gold Project (Caribou or the Project) located in Nova Scotia, Canada (Figure 1).
- VANCOUVER, British Columbia, July 21, 2021 (GLOBE NEWSWIRE) -- MegumaGold Corp. (CSE: NSAU) (MegumaGold or the Company), is pleased to announce that it anticipates to start core drilling in early August at the Companys Caribou Gold Project (Caribou or the Project) located in Nova Scotia, Canada (Figure 1).
- Nova Scotia government records for the Caribou Gold District indicate that the area produced slightly over 100,000 ounces of gold between 1869 and 1955.
- Maritime Diamond Drilling Ltd. of Brookfield, Nova Scotia has been retained to carry out a multi-hole diamond drilling program at Caribou that will assess the main styles of gold mineralization currently defined in the area of the past-producing Holman Mine.
- MegumaGold has centered its exploration focus on the Meguma Supergroup of Nova Scotia that hosts the producing Touquoy Gold Mine plus several other advanced-stage gold deposits.