Golden Crown

Nullagine Gold Production Update

Retrieved on: 
Tuesday, October 11, 2022
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VANCOUVER, British Columbia, Oct. 11, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) provides a 2022 third quarter (“Q3 2022”) operational update for the Beatons Creek gold project (“Beatons Creek”) and Golden Eagle processing facility (“Golden Eagle Plant”), located in Nullagine, Western Australia.

Key Points: 
  • Gold production totalled 13,137 ounces and recovery rates of approximately 90.7% were achieved in Q3 2022.
  • Q3 2022 gold sales totalled 12,426 ounces of gold and 1,336 ounces of silver for gross revenue of C$28.0 million (A$31.4 million)3.
  • Throughout Phase One operations at Beatons Creek, Novo has sold its gold in Australian dollars to ABC Refinery of Sydney, Australia and enjoyed strong gold price performance in Australian dollar terms.
  • Failure to achieve the anticipated production costs had a material adverse impact on the Companys cash flow and future profitability.

InvestmentPitch Media Video Discusses CanXGold’s New Drill Program at its Phoenix Property in the Greenwood Precious Metals Project in Southeastern, BC, Targeting Large Anomaly

Retrieved on: 
Friday, September 23, 2022
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VANCOUVER, British Columbia, Sept. 23, 2022 (GLOBE NEWSWIRE) -- CanXGold Mining (TSXV:CXG) (OTCPink:GDMRD) (FSE:3G8C) has started a drill program at its Phoenix Property in the Greenwood Precious Metals project in southeastern, British Columbia.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 23, 2022 (GLOBE NEWSWIRE) -- CanXGold Mining (TSXV:CXG) (OTCPink:GDMRD) (FSE:3G8C) has started a drill program at its Phoenix Property in the Greenwood Precious Metals project in southeastern, British Columbia.
  • CanXGold, a near term gold producer, has an extensive land package, located east of Greenwood in southeastern British Columbia.
  • The companys Phoenix property covers a total area of approximately 9,817 hectares of extensively mineralized ground with 29 past producing mines, the largest of which is the former Phoenix copper-gold mine.
  • The first drill hole is targeting the middle of a large, 1 km diameter conductivity anomaly identified in the 2022 VTEM survey, located near the historic Phoenix mine.

InvestmentPitch Media Video Discusses Golden Dawn and its New Drill Program at its Phoenix Property in the Greenwood Precious Metals Project in Southeastern, British Columbia

Retrieved on: 
Wednesday, September 21, 2022
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VANCOUVER, British Columbia, Sept. 21, 2022 (GLOBE NEWSWIRE) -- Golden Dawn Minerals (TSXV:GOM) (OTCPink:GDMRD) (FSE:3G8C), has started a drill program at its Phoenix Property in the Greenwood Precious Metals project in southeastern, British Columbia.

Key Points: 
  • VANCOUVER, British Columbia, Sept. 21, 2022 (GLOBE NEWSWIRE) -- Golden Dawn Minerals (TSXV:GOM) (OTCPink:GDMRD) (FSE:3G8C), has started a drill program at its Phoenix Property in the Greenwood Precious Metals project in southeastern, British Columbia.
  • If these links are not enabled, please visit www.InvestmentPitch.com and enter Golden Dawn in the search box.
  • In addition to the Phoenix and Golden Crown mines, these properties are extensively mineralized and cover 29 past producing mines and more than 70 mineral showings.
  • Golden Dawn has paid a fee not exceeding $2,000 in cash to have its current news release produced in video format.

Mako Mining Announces US$17.2 Million Exploration Program Funded Through Cash Flow; Intersects 43.73 g/t Gold Over 1.2m (Estimated True Width) Over 100m Outside Current Resource; and Provides Corporate Update

Retrieved on: 
Wednesday, March 9, 2022
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Over 900 historical adits, prospect pits and mine dumps have been identified to date and are ready to be advanced to the next phase of exploration.

Key Points: 
  • Over 900 historical adits, prospect pits and mine dumps have been identified to date and are ready to be advanced to the next phase of exploration.
  • The LC-South area has seen the most exploration outside of the San Albino area and is currently the most advanced exploration target.
  • The reconnaissance exploration program completed by Mako to date covers the entire concession, which comprises numerous historical workings that exploited shallow dipping, high-grade gold veins.
  • Mr. Durand has more than 12 years of combined Banking, Financial Control & Budgeting, and Business Development expertise in the mining sector.

InvestmentPitch Media Video Discusses Golden Dawn’s Successful Intersection of Mineralization in all Holes Completed at the Lexington Property in the Greenwood Precious Metals Project in Southeastern British Columbia – Video Available on Investmentpit

Retrieved on: 
Friday, February 25, 2022
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VANCOUVER, British Columbia, Feb. 25, 2022 (GLOBE NEWSWIRE) -- Golden Dawn Minerals (TSXV:GOM) (OTCPink:GDMRD) (FSE:3G8C), a near term gold producer, has successfully intersected mineralization in all holes completed at the Lexington property in the Greenwood Precious Metals project in southeastern British Columbia.

Key Points: 
  • VANCOUVER, British Columbia, Feb. 25, 2022 (GLOBE NEWSWIRE) -- Golden Dawn Minerals (TSXV:GOM) (OTCPink:GDMRD) (FSE:3G8C), a near term gold producer, has successfully intersected mineralization in all holes completed at the Lexington property in the Greenwood Precious Metals project in southeastern British Columbia.
  • If these links are not enabled, please visit www.InvestmentPitch.com and enter Golden Dawn in the search box.
  • Geological logging was completed in December with core sampling completed in January and assays currently pending.
  • The drilling targeted the same porphyry-serpentinite contact zone that hosts mineralization in the Lexington deposit.

Nullagine Gold Project Production Update

Retrieved on: 
Friday, January 14, 2022
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VANCOUVER, British Columbia., Jan. 14, 2022 (GLOBE NEWSWIRE) -- Novo Resources Corp. (“Novo” or the “Company”) (TSX: NVO, NVO.WT & NVO.WT.A) (OTCQX: NSRPF) provides a Q4 2021 operational update from Beatons Creek, located in Nullagine, Western Australia.

Key Points: 
  • Gold production in Q4 2021 totalled 12,833 ounces of gold with CY 2021 total production of 49,364 ounces of gold.
  • Q4 2021 gold sales totalled 13,023 ounces of gold and 1,758 ounces of silver for gross revenue of C$30 million (A$32.4 million)2.
  • CY 2021 gold sales totalled 49,231 ounces of gold and 6,829 ounces of silver for gross revenue of C$112.4 million (A$119.3 million)2.
  • The Company cautions that its declaration of commercial production effective October 1, 2021 only indicates that the Nullagine Gold Project was operating at anticipated and sustainable levels and it does not indicate that economic results will be realized.