Welcome to our dedicated page for FABLED SILVER GOLD news (Ticker: FBSGF), a resource for investors and traders seeking the latest updates and insights on FABLED SILVER GOLD stock.
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.
Fabled Silver Gold Corp. has filed amended technical reports for its Santa Maria and Muskwa projects, addressing comments from the British Columbia Securities Commission. The reports, effective as of December 2, 2020, and July 6, 2021, respectively, do not include material changes from the originals. Both reports comply with Canadian and CIM standards. Fabled is focused on acquiring and exploring properties for near-term metal production, particularly in Mexico. The company is also in the process of spinning out its subsidiary, Fabled Copper Corp., as part of a statutory arrangement.
Fabled Silver Gold Corp. announced final results from its 1,400-meter underground drill program on the Santa Maria Property in Parral, Mexico. The drill hole SMUG21-20 intersected a mineralized dike containing high-grade silver with an average of 22.08 g/t Ag Eq over a significant width. Additionally, SMUG21-21 intercepted 24.20 meters of weakly mineralized intrusive dike. The results conclude the Phase 1 drilling, successfully outlining new mineralized structures and expanding the high-grade areas. The company focuses on developing properties for near-term metal production in the region.
Fabled Silver Gold Corp. will present live at the Virtual Investor Conferences on November 11th, 2021, from 11:00 to 11:30 am ET. CEO Peter Hawley invites investors to participate and ask questions during this interactive online event. Those unable to attend live can access an archived version afterward. Investors are encouraged to pre-register and conduct system checks to ensure smooth participation. Fabled focuses on acquiring precious metals properties in Mexico, aiming for exploration success, especially at the Santa Maria Project, which has expanded significantly to include both surface and underground drilling.
Fabled Silver Gold Corp. announced the approval of all proposed resolutions at its Annual General and Special Meeting held on October 28, 2021. A total of 59,256,648 shares were voted, representing 28.51% of total shares. Key decisions included the re-election of three directors, the appointment of Roger Scammell to the board, and the approval of a 10% rolling stock option plan. Shareholders also approved a spin-out of its Muskwa copper project through a statutory arrangement. Completion of the spin-out is pending regulatory approvals, expected around November 10, 2021.
Fabled Silver Gold Corp. (FBSGF) has announced a retraction of technical disclosures related to its Muskwa Copper Project, initially made in a video and reports from August and September 2021. The company clarified that the Muskwa Project does not possess any mineral resources or reserves, thus cannot support a feasibility study. Specifically, the Churchill Copper deposit is deemed non-economic, and historical estimates have been retracted. A revised Technical Report is expected to be filed prior to its listing on the Canadian Securities Exchange by year-end.
Fabled Silver Gold Corp. (OTCQB:FBSGF) announced results from its 14,200-meter diamond drill program on the Santa Maria property in Mexico. The latest drill holes (SM20-34, SM20-35, SM20-36) showed extensive gold mineralization, with up to 97% of sampled intervals exceeding the detection limit. Notably, the modeled mineralized diorite dike was extended to 1,000 meters in strike length and remains open at depth. Future drill holes are planned to further define gold trends, following positive assay results indicating substantial economic potential.
Fabled Silver Gold Corp., operating in Mexico, announced results from its expanded 1,400-meter underground drilling program at the Santa Maria property. Drill hole SMUG21-18 successfully intercepted a 71-meter mineralized intrusive dike, indicating potential for silver and gold resources. This is in line with previous successful drill results from the surface. Additionally, the company is extending its drilling program with pending results from holes SMUG21-20 and SMUG21-21.
Fabled Silver Gold Corp. announced significant results from underground diamond drilling on the Santa Maria Property in Parral, Mexico. The company reported drill results from holes SMUG21-16 and SMUG21-17, which encountered mineralized dikes with notable silver equivalent grades. Hole SMUG21-16 revealed 5.10 meters of mineralized dike grading 130.62 g/t Ag Eq, including 1.30 meters at 417.92 g/t Ag Eq. Additionally, hole SMUG21-17 reported a 4.15-meter interval of 38.26 g/t Ag Eq and a 25-meter section averaging 36.99 g/t Ag Eq, highlighting the area's potential for further exploration.
Fabled Silver Gold Corp. has announced promising results from its surface diamond drilling program at the Santa Maria Property in Parral, Mexico. The upgraded 14,200-meter drill program revealed gold-bearing sheeted vein structures with increasing grades of sulphides as drilling progressed. A total of three drill holes (SM20-31, SM20-32, SM20-33) were reported, with 98% of sampled intervals surpassing gold detection limits. Notable intersections included 1.30 meters of 12.05 g/t Au and 2.9 meters of 2.16 g/t Au. The gold domain remains open in all directions, especially at depth, promising further exploration opportunities.
Fabled Silver Gold Corp. (OTCQB:FBSGF) announced a spin-out arrangement to separate its Muskwa copper project by distributing shares of Fabled Copper Corp. to its shareholders. Each shareholder will receive one Fabled Copper share for every five shares held. This restructuring aims to create two distinct entities: Fabled, a silver-gold exploration company, and Fabled Copper, focused on copper assets. The arrangement requires shareholder and regulatory approvals, with a meeting scheduled for October 28, 2021, to vote on the proposal.
FAQ
What is the current stock price of FABLED SILVER GOLD (FBSGF)?
What is the market cap of FABLED SILVER GOLD (FBSGF)?
What is Fabled Silver Gold Corp. focused on?
What recent agreement did Fabled announce?
What is the status of the Proposed Transaction?
What funding does Fabled require to complete the Proposed Transaction?
What extension did Fabled receive for its Annual General Meeting?
