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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.
HighGold Mining Inc. (TSX-V:HIGH, OTCQX:HGGOF) has announced key updates to its senior management team. Devin den Boer has been appointed Vice President Operations in Alaska, bringing 25 years of global mining experience. Ian Cunningham-Dunlop has been promoted to Senior Vice President, Exploration, boasting over 35 years in mineral exploration. The company aims to leverage these appointments to advance its flagship Johnson Tract Project. Additionally, HighGold issued 1,057,500 stock options at an exercise price of C$1.00 per share, subject to regulatory approval.
HighGold Mining Inc. (HGGOF) has published promising assay results from its 2022 Winter Drill Program at the Munro-Croesus project in Ontario. Notable findings include 13.40 g/t gold over 0.5 meters in hole MC22-96 and 14.00 g/t gold over 0.6 meters in hole MC22-92. The drilling program, the largest conducted at the site to date, aims to explore potential extensions of the historic high-grade Croesus Vein. President Darwin Green emphasizes the discovery's significance, indicating a broader potential for high-grade mineralization in the area.
HighGold Mining Inc. (OTCQX: HGGOF) announces the successful results of its late 2021 Fall Drill Program at the Munro-Croesus project, located in Ontario's Timmins gold camp. The 4,321-meter drilling campaign confirmed the continuity of the #2 and #4 Vein structures, with a high hit ratio of 19 out of 24 drill holes. Notably, hole MC21-72 returned an impressive 25.8 g/t Au over 1.0 meter. Following this achievement, an 8,000-meter Phase 2 Drill Program is now underway targeting multiple priority locations. The project covers 51 km² and has seen a 14X increase in land position since 2020.
HighGold Mining provides an update on its Johnson Tract project in Alaska, which hosts a 0.75 Moz indicated 10.9 g/t AuEq mineral resource. The Company completed a 2021 exploration program with 16,198 meters of drilling across 44 holes, revealing a promising mineralizing system. A revised mineral resource estimate is expected in 1H22, based on new drilling results. The Company is also conducting metallurgical test work and planning a follow-up drilling program in 2022.
HighGold Mining Inc. (OTCQX:HGGOF) announced the commencement of its 8,000-meter Phase 2 winter drill program at the 100% owned Munro-Croesus Project in Ontario, Canada. This program will take 10 to 12 weeks and aims to explore established targets near the Croesus Gold Mine and new priority targets generated from recent land consolidation. With an average grade of 95.3 g/t Au at the Croesus Vein, the program marks a significant evaluation of the land, the first in nearly a century under one company.
HighGold Mining Inc. (OTCQX: HGGOF) announced promising results from its Johnson Tract project in Alaska, highlighting significant discoveries across multiple prospects including Milkbone and Difficult Creek. The company reported bonanza-grade intercepts, notably 577.9 g/t Au and 2,023 g/t Ag from a drill hole at DC. With around $23M in treasury, HighGold plans to drill new targets and update mineral resource estimates within three months. The Milkbone and Easy Creek prospects show strong surface geochemistry, supporting ongoing exploration efforts for high-grade mineralization.
HighGold Mining released promising drill results from its Johnson Tract polymetallic Gold Project in Alaska. Significant intersections include 84.7 meters at 4.72 g/t Au, 4.56% Zn, 1.60% Pb, and 0.34% Cu. Notably, drill hole JT21-134 presents a substantial width and higher-grade mineralization compared to previous historic holes. The 2021 drill program, consisting of 44 holes, aims to update the mineral resource estimate planned for Q1-2022, which will integrate new drilling data. The company anticipates positive impacts on its resource estimates based on these results.
HighGold Mining Inc. (OTCQX:HGGOF) has announced an Exploration Agreement with Wahgoshig First Nation for the Munro-Croesus project in Ontario. This marks HighGold's third such agreement with First Nations in the region. The agreement aims to foster collaboration and respect during exploration activities. The recently completed Phase One drill program achieved 4,321 meters in 24 holes, exceeding its 3,000-meter goal. Further, a larger Phase Two drilling program is planned to start in January 2022.
HighGold Mining reports promising drill results from Difficult Creek Prospect (DC) near its JT Deposit in Alaska, revealing high-grade gold and silver mineralization. Key findings include 11.43 g/t Au and 25.3 g/t Ag over 2.30 meters in hole DC21-011. Drilling across various targets has intersected significant mineralization, reinforcing the prospect's potential. The company, with $26 million in working capital, is well-positioned for further exploration. Additionally, Dr. Peter Megaw joins the Technical Advisory Team, enhancing expertise for advancing the Johnson Tract project.
HighGold Mining Inc. (TSX-V:HIGH, OTCQX:HGGOF) held its Annual General Meeting on November 24, 2021, where shareholders approved all proposed resolutions. Incumbent directors, including Anne Labelle and Michael Cinnamond, were re-elected to the Board. CFO Aris Morfopoulos chose not to stand for re-election, reducing the Board size to five members. Additionally, DeVisser Gray LLP was re-appointed as auditors, and the Stock Option Plan was re-approved. A total of 18,348,692 shares were voted, representing 30.02% of total shares outstanding.
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