Detour Gold

DGAP-News: q.beyond executives acquire 1 million shares

Thursday, October 15, 2020 - 10:01am

The company's executives acquired a total of 1 million shares via the stock exchange in the period between 1 September and 9 October 2020.

Key Points: 
  • The company's executives acquired a total of 1 million shares via the stock exchange in the period between 1 September and 9 October 2020.
  • Top executives purchased 500,000 shares, while second-tier managers acquired the same volume of shares in q.beyond.
  • This voluntary purchase of shares on their own account entitles the managers to participate in the new share matching plan.
  • Jrgen Hermann recently raised his own shareholding by 50% to 1 million shares by acquiring shares via the stock exchange in spring 2020.

Probe Metals expands land package and provides an update on its exploration program at Detour Quebec Project

Tuesday, October 6, 2020 - 12:30pm

TORONTO, Oct. 06, 2020 (GLOBE NEWSWIRE) -- Probe Metals Inc. (TSX-V: PRB) (OTCQB: PROBF) (Probe or the Company) is pleased to provide an update for its 2020 exploration program on the Detour Quebec Project (the Project) located 40 kilometres northwest of Matagami, Quebec and adjacent to the Detour Lake mine property, Ontario.

Key Points: 
  • TORONTO, Oct. 06, 2020 (GLOBE NEWSWIRE) -- Probe Metals Inc. (TSX-V: PRB) (OTCQB: PROBF) (Probe or the Company) is pleased to provide an update for its 2020 exploration program on the Detour Quebec Project (the Project) located 40 kilometres northwest of Matagami, Quebec and adjacent to the Detour Lake mine property, Ontario.
  • The Project consists of four properties: the Gaudet-Fenelon JV, the La Peltrie Option and the Detour Quebec Main and North properties.
  • Probe Metals Inc. is a leading Canadian gold exploration company focused on the acquisition, exploration and development of highly prospective gold properties.
  • The Company is well-funded and controls a strategic land package of approximately 1,000-square-kilometres of exploration ground within some of the most prolific gold belts in Quebec.

Wallbridge Enters into Term Sheet with Kirkland Lake Gold on Joint Venture of the Detour East Property

Tuesday, September 15, 2020 - 2:04am

TORONTO, Sept. 14, 2020 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM) (Wallbridge or the Company) today announced that it has entered into a non-binding term sheet (the Term Sheet) with respect to a joint venture of its Detour East gold property (Detour East or the Property) with Kirkland Lake Gold Ltd. (TSX:KL) (Kirkland).

Key Points: 
  • TORONTO, Sept. 14, 2020 (GLOBE NEWSWIRE) -- Wallbridge Mining Company Limited (TSX:WM) (Wallbridge or the Company) today announced that it has entered into a non-binding term sheet (the Term Sheet) with respect to a joint venture of its Detour East gold property (Detour East or the Property) with Kirkland Lake Gold Ltd. (TSX:KL) (Kirkland).
  • Under terms of this joint venture, Kirkland can earn a 75% interest in Detour East by making expenditures totalling $35 million on the Property, as described below.
  • Entering into a joint venture with Kirkland on the Detour East will allow us to focus on the Fenelon gold system, and will bring us a high-quality partner with excellent knowledge of the regional geology through its Detour Lake operations, located adjacent to Detour East.
  • Upon satisfaction of the Option, Wallbridge and Kirkland shall have formed a joint venture (the Joint Venture) on Detour East with Kirkland acting as the operator of the Joint Venture (the Operator) to carry on operations with respect to the Property.

Kirkland Lake Gold Reports Additional High-Grade Intersections at Detour Lake Saddle Zone

Wednesday, September 9, 2020 - 12:35pm

TORONTO, Sept. 09, 2020 (GLOBE NEWSWIRE) -- Kirkland Lake Gold Ltd. (Kirkland Lake Gold or the Company) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced results from 8 holes (9,171 m) and one wedge hole (1,143 m) of drilling at the Detour Lake property.

Key Points: 
  • TORONTO, Sept. 09, 2020 (GLOBE NEWSWIRE) -- Kirkland Lake Gold Ltd. (Kirkland Lake Gold or the Company) (TSX:KL) (NYSE:KL) (ASX:KLA) today announced results from 8 holes (9,171 m) and one wedge hole (1,143 m) of drilling at the Detour Lake property.
  • Upon completing the acquisition of Detour Gold Corporation at the end of January, we immediately focused in on the Saddle Zone as a high-potential target where there had been very limited previous drilling.
  • About Kirkland Lake Gold Ltd.
    Kirkland Lake Gold Ltd. is a growing gold producer operating in Canada and Australia that produced 974,615 ounces in 2019.
  • For further information on Kirkland Lake Gold and to receive news releases by email, visit the website at www.kl.gold .

The Law Offices of Frank R. Cruz Reminds Investors of Looming Deadline in the Class Action Lawsuit Against Kirkland Lake Gold Ltd. (KL)

Monday, August 24, 2020 - 4:00pm

The Law Offices of Frank R. Cruz reminds investors of the upcoming August 28, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Kirkland Lake Gold Ltd. ("Kirkland" or "the Company") (NYSE: KL ) securities between January 8, 2018 and November 25, 2019, inclusive (the Class Period).

Key Points: 
  • The Law Offices of Frank R. Cruz reminds investors of the upcoming August 28, 2020 deadline to file a lead plaintiff motion in the class action filed on behalf of investors who purchased Kirkland Lake Gold Ltd. ("Kirkland" or "the Company") (NYSE: KL ) securities between January 8, 2018 and November 25, 2019, inclusive (the Class Period).
  • On November 25, 2019, Kirkland announced that it would acquire Detour Gold Corporation (Detour) for $3.68 billion.
  • The deal was dilutive to Kirklands reserve grade: While Kirklands reserve grade was 25 g/t before the deal, Detours reserve grade was 0.96 g/t.
  • To be a member of the class action you need not take any action at this time; you may retain counsel of your choice or take no action and remain an absent member of the class action.

Gold Companies Handsomely Rewarded at Forefront of Canada's Next Gold Rush

Tuesday, August 18, 2020 - 1:55pm

So far, the market has begun to recognize the potential of this new gold rush, through examples such as First Energy Metals.

Key Points: 
  • So far, the market has begun to recognize the potential of this new gold rush, through examples such as First Energy Metals.
  • But, the gold bull market seems to also be rewarding the larger mining giants too.
  • Since March 13th (the day the United States officially declared a national emergency), Barrick Gold Corporation has seen its share price rise 108% through July 24.
  • Detour Lake has a mine life of 22 years with an average production of 659,000 ounces of gold per year.

Gold Companies Handsomely Rewarded at Forefront of Canada's Next Gold Rush

Tuesday, August 18, 2020 - 1:55pm

So far, the market has begun to recognize the potential of this new gold rush, through examples such as First Energy Metals.

Key Points: 
  • So far, the market has begun to recognize the potential of this new gold rush, through examples such as First Energy Metals.
  • But, the gold bull market seems to also be rewarding the larger mining giants too.
  • Since March 13th (the day the United States officially declared a national emergency), Barrick Gold Corporation has seen its share price rise 108% through July 24.
  • Detour Lake has a mine life of 22 years with an average production of 659,000 ounces of gold per year.

SHAREHOLDER ALERT: Lowey Dannenberg Reminds Investors with Losses on their Investment in Kirkland Lake Gold Ltd. of Class Action Lawsuit and Upcoming Deadline - KL

Tuesday, August 11, 2020 - 3:17pm

The class action alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act"), 15 U.S.C.

Key Points: 
  • The class action alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act"), 15 U.S.C.
  • The class action is titledBrahms v. Kirkland Lake Gold Ltd., No.
  • During the months leading up to November 25, 2019, Kirkland negotiated the acquisition of Detour Gold Corporation (Detour).
  • Over decades of zealous advocacy, Lowey has developed a profound knowledge of securities and antitrust class action litigation.

SHAREHOLDER ALERT: Lowey Dannenberg Reminds Investors with Losses on their Investment in Kirkland Lake Gold Ltd. of Class Action Lawsuit and Upcoming Deadline - KL

Monday, August 3, 2020 - 7:41pm

The class action alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act"), 15 U.S.C.

Key Points: 
  • The class action alleges violations of Sections 10(b) and 20(a) of the Securities Exchange Act of 1934 (the "Exchange Act"), 15 U.S.C.
  • The class action is titledBrahms v. Kirkland Lake Gold Ltd., No.
  • During the months leading up to November 25, 2019, Kirkland negotiated the acquisition of Detour Gold Corporation ("Detour").
  • Over decades of zealous advocacy, Lowey has developed a profound knowledge of securities and antitrust class action litigation.

Probe Metals Enters into Joint Venture Agreement with Midland on the Detour Gaudet-Fenelon Project

Thursday, July 30, 2020 - 1:30pm

TORONTO, July 30, 2020 (GLOBE NEWSWIRE) -- Probe Metals Inc. (TSX-V: PRB) (OTCQB: PROBF) (Probe or the Company) is pleased to announce that it has entered into a joint venture agreement (the Agreement) with Midland Exploration.

Key Points: 
  • TORONTO, July 30, 2020 (GLOBE NEWSWIRE) -- Probe Metals Inc. (TSX-V: PRB) (OTCQB: PROBF) (Probe or the Company) is pleased to announce that it has entered into a joint venture agreement (the Agreement) with Midland Exploration.
  • (Midland) on the Detour Gaudet-Fenelon Project (the JV Project).
  • The Project is contiguous with Probes Detour Quebec 100% owned project and its consolidated package, which now stands at 1,330 claims representing 724 square kilometres along the prolific and highly prospective Detour Gold Belt.
  • Probe will remain the operator and each party will be responsible for funding its proportionate share of expenditures on the JV Project.