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HighGold Mining Inc. (HGGOF) is a mineral exploration company focused on advancing the Johnson Tract Gold Project in Southcentral Alaska, USA. The Project hosts the high-grade JT Deposit with significant gold equivalent resources. The company's 2023 exploration program includes a two-rig drill program, engineering studies, and environmental assessments to support future underground exploration. With a multi-year advanced exploration plan in place, HighGold aims to de-risk the project and evaluate the potential for a high-grade underground mine.

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HighGold Mining Inc. receives final court order for Plan of Arrangement with Onyx Gold Corp.
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HighGold Mining announces the filing of an Information Circular for the proposed Plan of Arrangement involving the company and its subsidiary, Onyx Gold Corp. The Annual General and Special Meeting will be held on May 30, 2023. Onyx Gold intends to list its common shares on the TSX Venture Exchange and complete a non-brokered private placement for funding.
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HighGold Mining Inc. announced promising assay results from its Ellis Zone discovery at the Difficult Creek Prospect, located 4 km from its 1.05 Moz JT Deposit in Alaska. Highlights include significant intersections such as 15.5m at 4.04 g/t AuEq and 16.1m at 3.07 g/t AuEq. The drilling program confirmed a new center of high-grade mineralization with potential for resource expansion. Overall, the Ellis Zone has been documented over 125 meters in strike length, remaining open for additional exploration.

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HighGold Mining Inc. (OTCQX:HGGOF) announced significant assay results from its Johnson Tract project in Alaska, revealing strong mineralization. The highlight is drill hole JT22-152, which yielded 120.5 meters at 18.76 g/t Au and 22.1 g/t AuEq, including 19.1 meters at 43.87 g/t Au. This demonstrates high-grade gold continuity, exceeding previous resource estimates. The 2022 drill program involved 55 drill holes totalling 10,346 meters, with ongoing assessments expected to enhance resource estimates.

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HighGold Mining Inc. (HGGOF) reported strong assay results from six new drill holes at the Ellis Zone, Difficult Creek Prospect, expanding the high-grade mineralization footprint by nearly 50%. Drill hole DC22-046 yielded 14.8 meters at 10.14 g/t Au and included a remarkable 6.8 meters at 21.29 g/t Au. This discovery indicates the potential for defining a second deposit at the Johnson Tract, supplementing the existing +1Moz JT Deposit. The ongoing exploration program aims to complete 10,000-11,000 meters by late October, with drilling focused on resource growth and expanding mineralization in the area.

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FAQ

What is the market cap of HGGOF (HGGOF)?

The market cap of HGGOF (HGGOF) is approximately 43.2M.

What is HighGold Mining Inc. focused on?

HighGold Mining Inc. (HGGOF) is focused on advancing the Johnson Tract Gold Project in Southcentral Alaska, USA.

What is the main resource at the Johnson Tract Gold Project?

The Project hosts the high-grade JT Deposit with significant gold equivalent resources.

What is the key objective of the 2023 exploration program?

The 2023 program aims to expand known mineralization zones, test new high-potential target areas, and support future underground exploration.

What is the purpose of the multi-year advanced exploration plan?

The plan is designed to de-risk the project and evaluate the potential for a high-grade underground mine at the Johnson Tract Gold Project.

What are some key components of the advanced exploration plan?

Key elements include road and airstrip permitting, geotechnical drilling, environmental surveys, and engineering studies.

What are the main mineral prospects at the Johnson Tract Gold Project?

In addition to the JT Deposit, the Project includes at least nine other mineral prospects over a 12-kilometer strike length.

How does HighGold Mining Inc. plan to create shareholder value?

The company's experienced team is committed to creating shareholder value through the discovery process, capital allocation, and socially responsible mineral exploration.

What is the listing status of Onyx Gold Corp. on the TSX Venture Exchange?

Onyx Gold Corp. has received conditional approval for listing on the TSX Venture Exchange.

What is the use of proceeds from the Private Placement?

The net proceeds from the HD Units will be used for working capital and general corporate purposes, while the FT Units proceeds will fund Qualifying Expenditures for Canadian exploration expenses.

Who are some key individuals associated with HighGold Mining Inc.?

Ian Cunningham-Dunlop, P.Eng., Senior VP Exploration, and Darwin Green, President & CEO, play key roles in the company's operations.

HGGOF

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43.21M
Gold Ore Mining
Mining, Quarrying, and Oil and Gas Extraction