STOCK TITAN

FABLED SILVER GOLD CORP - FBSGF STOCK NEWS

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.

Rhea-AI Summary

Fabled Silver Gold Corp. (FBSGF) reported positive results from recent surface diamond drilling at the Santa Maria Property in Mexico, part of an upgraded 14,200 meter drill program. Drill holes SM20-28, SM20-29, and SM20-30 intercepted gold-bearing sheeted vein structures, confirming structural interpretations. Notably, 97% of samples from holes 28 and 29 exceeded detection limits, with hole 30 achieving 100%. The gold mineralization remains open in all directions, particularly at depth, enhancing the potential for future exploration. Upcoming drill holes SM20-31 to SM20-37 aim to refine the gold structure's boundaries.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.88%
Tags
none
-
Rhea-AI Summary

Fabled Silver Gold Corp. announced additional positive results from its underground drilling program at the Santa Maria Property in Parral, Mexico. Drill holes SMUG21-14 and SMUG21-15 intercepted significant mineralization, with SMUG21-14 reporting 7.20 meters at 93.19 g/t Ag Eq and a high of 689.56 g/t Ag Eq over 1.35 meters. Meanwhile, SMUG21-15 recorded a footwall grading of 67.50 g/t Ag Eq over 7.90 meters, including notable intercepts of over 495.50 g/t Ag Eq. Future drill holes SMUG21-16, 17, and 18 have been completed and submitted for assay.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-1.71%
Tags
none
-
Rhea-AI Summary

Fabled Silver Gold Corp. announced the results of its underground diamond drilling program on the Santa Maria Property in Parral, Mexico. The drilling program, totaling 1,200 meters, aims to assess the widths of mineralized structures. Key results include drill hole SMUG21-12, which yielded a significant intercept of 386.12 g/t Ag Eq over 2.35 meters, with a peak of 1,072.73 g/t Ag Eq over 0.75 meters. Additionally, SMUG21-13 successfully intercepted a new vein breccia, recording 541.40 g/t Ag Eq over 0.80 meters. The company continues to advance its drilling efforts with further holes underway.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.62%
Tags
none
Rhea-AI Summary

Fabled Silver Gold Corp. (TSXV:FCO)(OTCQB:FBSGF) has released promising results from its 14,200-meter diamond drilling program on the Santa Maria Property in Parral, Mexico. CEO Peter J. Hawley highlighted the discovery of a new sheeted vein structure with a true width of 150 meters, indicating a robust gold mineralization system. Notable intercepts from drill holes SM20-25, SM20-26, and SM20-27 included multiple veins grading over 0.50 g/t gold, enhancing the understanding of the area's mineral potential. Future drilling is planned to further refine the structural interpretation.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.34%
Tags
none
-
Rhea-AI Summary

Fabled Silver Gold Corp. has successfully closed a brokered private placement offering, raising $6.9 million for the proposed spin-out of its Muskwa copper project. This will distribute shares in the newly formed Fabled Copper Corp. to shareholders at a ratio of one Fabled Copper share for every five Fabled shares held. The financing included both conventional and flow-through unit subscription receipts. Proceeds will primarily support exploration at the Muskwa Project and general corporate needs. The company is also planning its first comprehensive exploration program on the property in over two decades.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-6.25%
Tags
none
-
Rhea-AI Summary

Fabled Silver Gold Corp. has announced results from its 14,200-meter diamond drilling program on the Santa Maria Property in Parral, Mexico. New drill holes SM20-23 and SM20-24 have confirmed the presence of a lower feeder zone for mineralization. Hole SM20-23 reported significant findings of 18.64 oz silver Eq per tonne, along with notable lead, zinc, and copper values. Conversely, SM20-24 intercepted a low-grade structure, indicating minimal gold at that depth. Future drilling plans aim to further refine the understanding of the gold structure.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.02%
Tags
none
Rhea-AI Summary

Fabled Silver Gold Corp. announced promising results from its underground diamond drilling program on the Santa Maria Property in Parral, Mexico. The company successfully intercepted multiple zones of silver mineralization, notably in drill hole SMUG21-04, which revealed 4.50 meters grading 147.19 g/t Ag Eq. Other significant results included SMUG21-05 with 150.33 g/t Ag Eq over 4.8 meters. Despite challenges faced due to the ramp's orientation, the company plans to establish new drill bays for ongoing exploration. The report confirms Fabled's strategy in the high-grade silver-gold belt of Mexico.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-3.72%
Tags
none
-
Rhea-AI Summary

Fabled Silver Gold Corp. announces an expansion of its diamond drilling program on the 'Santa Maria' Property in Parral, Mexico, increasing to 14,200 meters due to new gold domain discoveries. CEO Peter J. Hawley highlights drill results from SM20-21 and SM20-22, which show promising gold and silver intercepts. Key assays include up to 15.33 g/t AgEq in SM20-21 and notable widths of mineralization in SM20-22. Future drilling holes SM20-23 to 26 are completed, with ongoing operations for hole SM20-27. The project continues to show potential for expansion.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
2.5%
Tags
none
-
Rhea-AI Summary

Fabled Silver Gold Corp. (FBSGF) announced updates from its 9,200 meter drill program on the 'Santa Maria' Property in Parral, Mexico. Recent assay results from drill holes SM20-19 and SM20-20 revealed a broad zone of low-grade silver in SM20-19, while SM20-20 showed promising gold intercepts, indicating a new high-grade mineral domain. CEO Peter J. Hawley highlighted ongoing exploration to enhance the property’s potential, with a total of 6,500 meters drilled so far and further drilling in progress. The company aims to maintain transparency with stakeholders.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-0.09%
Tags
none
Rhea-AI Summary

Fabled Silver Gold Corp. announced initial results from its underground drilling program at the Santa Maria Property in Parral, Mexico. The program has thus far confirmed significant mineralization, particularly in drill hole SMUG21-01, which intercepted 9.90 meters grading 21.62 g/t Ag Eq. Further drilling revealed multiple zones of silver mineralization with notable grades, including 314.35 g/t Ag Eq over 0.80 meters in SMUG21-03. As the program progresses, the Company plans to establish new drill bays to enhance exploration efforts.

Rhea-AI Impact
Rhea-AI Sentiment
End-of-Day
-4.24%
Tags
none

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

FBSGF Rankings

FBSGF Stock Data

314.79k
43.09M
5.37%
Other Precious Metals & Mining
Basic Materials
Link
United States of America
Vancouver