Rodeo Creek

American Pacific Mining Reports Assay Results, Including 12.13 g/t Gold over 1.52 Metres, from the Tuscarora Project

Retrieved on: 
Tuesday, November 22, 2022

The best interval was 10.67 m at 0.78 g/t Au, including 3.05 m at 1.27 g/t Au in TS22-16.

Key Points: 
  • The best interval was 10.67 m at 0.78 g/t Au, including 3.05 m at 1.27 g/t Au in TS22-16.
  • About American Pacific Mining Corp.
    American Pacific Mining Corp. is a base and precious metals explorer and developer focused on opportunities in the Western United States.
  • Also in American Pacific's asset portfolio are the Gooseberry Silver-Gold project and the Tuscarora Gold-Silver project: two high-grade, precious metals projects located in key mining districts of Nevada, USA.
  • On Behalf of the Board of American Pacific Mining Corp.
    Corporate Office: Suite 910 510 Burrard Street Vancouver, BC, V6C 3A8 Canada

i-80 Gold Completes Transaction with Nevada Gold Mines to Acquire Lone Tree and Buffalo Mountain

Retrieved on: 
Friday, October 15, 2021

"With the closing of this transaction, we now embark on our aggressive growth plan to achieve our goal of building a prominent mid-tier gold producer" stated Matthew Gollat, EVP Business and Corporate Development of i-80 Gold.

Key Points: 
  • "With the closing of this transaction, we now embark on our aggressive growth plan to achieve our goal of building a prominent mid-tier gold producer" stated Matthew Gollat, EVP Business and Corporate Development of i-80 Gold.
  • "Becoming one of only three companies in Nevada with infrastructure to process refractory mineralization, i-80 has gained a strategic advantage for long-term mine development.
  • In connection with the Asset Exchange, NGM subscribed for 22,757,393 Common Shares under the Private Placement at the Issue Price.
  • i-80 Gold Corp. is a well-financed, Nevada-focused mining company with a goal of achieving mid-tier gold producer status.

Nevada Gold Mines Completes Exchange Transaction to Consolidate South Arturo Property

Retrieved on: 
Thursday, October 14, 2021

ELKO, Nev., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Nevada Gold Mines (NGM) today announced it has completed the previously announced asset exchange transaction to acquire from i-80 Gold Corp. the 40% interest in the South Arturo Joint Venture that NGM does not already own as well as a low-cost option to acquire the adjacent Rodeo Creek exploration property, in exchange for the Lone Tree and Buffalo Mountain properties and infrastructure which are currently in care and maintenance.

Key Points: 
  • ELKO, Nev., Oct. 14, 2021 (GLOBE NEWSWIRE) -- Nevada Gold Mines (NGM) today announced it has completed the previously announced asset exchange transaction to acquire from i-80 Gold Corp. the 40% interest in the South Arturo Joint Venture that NGM does not already own as well as a low-cost option to acquire the adjacent Rodeo Creek exploration property, in exchange for the Lone Tree and Buffalo Mountain properties and infrastructure which are currently in care and maintenance.
  • Nevada Gold Mines is operated by Barrick Gold Corporation (NYSE:GOLD)(TSX:ABX) and is a joint venture between Barrick (61.5%) and Newmont (38.5%) that combined their significant assets across Nevada in 2019 to create the single largest gold-producing complex in the world.

i-80 Gold Corp. Announces Additional Details on Financing Package

Retrieved on: 
Friday, October 8, 2021

As previously announced, the Company has entered into a non-binding term sheet with Orion for up to $140 million of acquisition financing, with an additional $100 million potentially available via an accordion feature.

Key Points: 
  • As previously announced, the Company has entered into a non-binding term sheet with Orion for up to $140 million of acquisition financing, with an additional $100 million potentially available via an accordion feature.
  • The Orion Financing is expected to include a mix of equity and convertible securities, warrants and secured instruments for up to $140 million, with an additional $100 million potentially available via an accordion feature.
  • The Corporation also expects to accept additional unsecured convertible loans from one or more additional potential convertible debt investors in a principal amount of up to an additional $10 million (the "Additional Convertible Loans" and together with the Orion Convertible Loans, the "Convertible Loans") on the same terms as the Orion Convertible Loan.
  • i-80 Gold Corp. is a Nevada-focused mining company with a goal of achieving mid-tier gold producer status.