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FABLED SILVER GOLD CORP - FBSGF STOCK NEWS

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Fabled Silver Gold Corp. (FBSGF) is a Vancouver-based company focused on acquiring and exploring properties in Mexico. With a seasoned management team experienced in mining and exploration, Fabled aims to acquire precious metal properties in Mexico with high exploration potential.

The company recently announced an agreement with Kootenay Silver Inc. to acquire the Mecatona Property in Chihuahua, Mexico, pending final documentation and approval from the TSX Venture Exchange. Fabled is also working on completing its private placement announced in May 2023 to fund the Proposed Transaction.

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Fabled Silver Gold Corp. announced results from its diamond drilling program on the Santa Maria Property in Mexico. The drill holes SM20-45 and SM20-46 successfully targeted the Santa Maria footwall structure, revealing significant silver and gold values. Hole SM20-45 reported 42.50 g/t Ag Eq with 0.16 g/t Au over 6.40 meters. Hole SM20-46 encountered 29.22 g/t Ag Eq with anomalous gold values. Both holes provide valuable insights into the geology and mineralization patterns, contributing to future resource modeling as additional holes SM20-47 to SM20-50 have been drilled.

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Fabled Silver Gold Corp. announced the spin-out of its Muskwa copper project interest through a plan of arrangement, effective December 21, 2021. Shareholders will receive one new common share of Fabled Silver and 1/5 of a Fabled Copper share. The old shares will be delisted on December 20, 2021, while trading of the new shares will commence the next day. Fabled Copper has received conditional approval for listing on the CSE. The spin-out follows a financing that raised approximately $6.9 million. SpinCo shares will qualify as investments for certain registered plans.

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Fabled Silver Gold Corp. has announced further results from its 14,400-meter drill program at the Santa Maria Property in Mexico. Drill hole SM20-44 encountered significant intercepts, including 7.95 meters grading 85.56 g/t Ag Eq and 1.10 g/t Au. Comparatively, previous drilling in the area showed decreased gold values. The company is exploring potential changes between hydrothermal and epithermal systems in the region. Additionally, shares for services were issued to Agora Internet Relations Corp., with a four-month hold period expiring April 14, 2022.

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Fabled Silver Gold Corp. has reported results from its diamond drill program on the Santa Maria Property in Parral, Mexico. Notable findings from hole SM20-43 include several significant silver intercepts, with minimal gold values detected. The drill hole, measuring 204 meters, successfully intercepted various mineralized zones, primarily silver, with grades reaching up to 68.77 g/t Ag Eq. The company noted changes in mineralization systems, which will be further explored with additional drilling planned in the area.

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Fabled Silver Gold Corp. has engaged Hybrid Financial Ltd. for marketing services to enhance its market presence and broaden investor reach. This collaboration, effective December 1, 2021, spans an initial six-month term at a monthly fee of $22,500, deferred until the next financing announcement. Hybrid has no existing relationship with Fabled or its securities. The engagement is pending TSXV approval. Fabled is focused on precious metal properties in Mexico, including the acquisition of the high-grade Santa Maria Property, positioned in a significant silver-gold belt.

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Fabled Silver Gold Corp. reported results from diamond drill hole SM20-42 at its Santa Maria Property in Mexico. The 221-meter hole successfully intercepted six gold-bearing zones. Notable assays include 3.17 meters grading 142.70 Ag Eq with 0.49 g/t Au and 1.70 meters at 249.12 g/t Ag Eq with 0.43 g/t Au. The drill program aims to enhance resource understanding in previously underexplored areas. Fabled plans to conduct further drilling with hole SM20-43, located 200 meters east of SM20-42, to continue resource evaluation.

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Fabled Silver Gold Corp. has renewed its agreement with AGORA for online marketing services, effective November 15, 2021. The company will issue a total of 689,007 common shares as payment for services, including those from a prior agreement. Additionally, a total fee of $75,000 + HST will be settled through share issuance over the next 12 months. The Renewal Agreement aims to enhance the company's visibility among small-cap investors through extensive digital marketing and sponsorship on AGORACOM's platforms.

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Fabled Silver Gold Corp. (FBSGF) has announced significant findings from its Santa Maria Property in Parral, Mexico, following its 14,400-meter drill program. Notably, diamond drill holes SM20-40 and SM20-41 successfully extended the down plunge of previous exploration, uncovering high-grade gold zones. Hole SM20-41 reported a peak of 373.50 g/t Ag Eq and 3.47 g/t Au over 0.70 meters. This expansion indicates potential for resource calculation and enhances Fabled's position in the competitive mining landscape.

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Fabled Silver Gold Corp. (FBSGF) reports positive results from its 14,400-meter drill program at the Santa Maria Property in Parral, Mexico. Key highlights include:

  • Diamond drill hole SM20-40 intercepted 7 gold-bearing zones, with significant grades recorded: 30.7 meters at 2.5 g/t Au, including higher grades of 10.85 g/t Au over 1.5 meters.
  • Hole SM20-38 revealed 6 zones of interest with notable metal credits.
  • The ongoing exploration indicates further downdip potential, suggesting an increase in mineral inventory.
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Fabled Silver Gold Corp. announced court approval for its plan to spin out its copper exploration assets into Fabled Copper Corp. A final order was received from the Supreme Court of British Columbia on November 12, 2021. The Arrangement requires TSX Venture Exchange approval, a final prospectus filing for Fabled Copper, and CSE listing approval. The company anticipates closing the spin-out in December 2021, pending timely condition fulfillment. Specific dates for share distribution and effective closure are yet to be confirmed, with updates to follow.

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FAQ

What is the current stock price of FABLED SILVER GOLD (FBSGF)?

The current stock price of FABLED SILVER GOLD (FBSGF) is $0.001 as of April 18, 2024.

What is the market cap of FABLED SILVER GOLD (FBSGF)?

The market cap of FABLED SILVER GOLD (FBSGF) is approximately 314.8K.

What is Fabled Silver Gold Corp. focused on?

Fabled is focused on acquiring and exploring properties in Mexico with blue-sky exploration potential.

What recent agreement did Fabled announce?

Fabled announced an agreement with Kootenay Silver Inc. to acquire the Mecatona Property in Chihuahua, Mexico.

What is the status of the Proposed Transaction?

The Proposed Transaction is pending final documentation and approval from the TSX Venture Exchange.

What funding does Fabled require to complete the Proposed Transaction?

Fabled is working on securing the necessary funds through a private placement announced in May 2023.

What extension did Fabled receive for its Annual General Meeting?

Fabled was granted a six-month extension by the British Columbia Registrar of Companies and the Exchange to hold its AGM for the year 2023.

FABLED SILVER GOLD CORP

OTC:FBSGF

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FBSGF Stock Data

314.79k
40.76M
5.37%
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