HGGOF - HGGOF STOCK NEWS

HighGold Mining Inc. (TSX-V:HIGH, OTCQX:HGGOF) has announced promising assay results from its Johnson Tract Gold Project in Alaska, including significant intersections of high-grade gold. Notably, hole JT21-125 revealed 18.69 g/t Au over 56.6 meters, with standout segments of 114.37 g/t Au over 4.9 meters and 64.74 g/t Au over 5.0 meters. The Company aims to advance its Phase I metallurgical testing program using drill core samples. HighGold plans to update its resource estimates early in 2022, following an extensive ongoing drill program with over 30,000 meters drilled since its maiden resource.

HighGold Mining Inc. (OTCQX:HGGOF) reported impressive drill results from the Difficult Creek Prospect in Alaska, highlighting exceptionally high grades of 2,860 g/t gold and 9,990 g/t silver over 1.26 meters in hole DC21-010. This drill hole confirms the potential for a multi-deposit system at the Johnson Tract Project, which already hosts 0.75 Moz of indicated resources. The company is conducting further exploration with plans for more assay results in the coming months.

HighGold Mining Inc. announced promising assay results from drill hole JT21-123 at its Johnson Tract Gold Project in Alaska. The drill hole yielded 13.1 g/t Gold, 200 g/t Silver, 4.9% Zinc, 2.0% Lead, and 0.4% Copper over 4.3 meters, marking a notable expansion of the mineralization strike length to 600 meters. The results reflect a significant discovery as the company continues its 20,000-meter drill program aimed at enhancing the resource estimates for the project.

HighGold Mining Inc. (TSX-V:HIGH, OTCQX:HGGOF) has announced the acquisition of approximately 320 acres of mining claims near its Munro-Croesus gold property in the Timmins region of Ontario. The acquisition involves a cash payment of C$150,000 and shares valued at C$200,000, subject to TSXV approval. Additionally, the company has filed an updated NI 43-101 technical report for the Johnson Tract gold project in Alaska, which includes new exploration updates. The project hosts a significant Indicated Resource of 2.14 million tonnes grading 10.93 g/t gold equivalent.

HighGold Mining (OTCQX: HGGOF) has announced a significant expansion of its drilling program at the Johnson Tract polymetallic gold project in Alaska, increasing the planned meterage from 16,000 to 20,000 meters, representing a 25% rise. The project aims to test various high-potential targets, including the JT Deposit and regional prospects, with drilling having begun this week. This program is the largest in the project's history, bolstered by proceeds from exercised warrants. HighGold anticipates new discoveries while progressing towards future resource updates.

HighGold Mining has signed an Exploration Agreement with Matachewan and Mattagami First Nations in Ontario, aimed at fostering collaboration in exploration activities. This partnership underscores HighGold's commitment to responsible engagement with local communities. The company owns three significant properties in the Timmins area, totaling over 240 square kilometers, which include the renowned Munro-Croesus Gold Project. HighGold continues to expand its exploration efforts while honoring indigenous rights. The recent passing of a key team member, Terry Bursey, is noted as a loss for the company.

HighGold Mining has raised C$1.9 million through the exercise of 2,709,027 warrants priced at $0.70. As a result, the company's working capital now totals approximately C$18 million, enhancing its financial position ahead of the 2021 drill program at the Johnson Tract. The company also announced the issuance of 1,682,500 stock options with an exercise price of C$1.43. HighGold is focused on high-grade gold projects in North America, including the Johnson Tract Gold Project in Alaska.

HighGold Mining has approved an initial exploration budget of C$10 million for its Johnson Tract Gold Project in Alaska, which contains an estimated 0.75 million ounces of gold equivalent. The 2021 exploration program aims for at least 16,000 meters of drilling across various target areas. Plans include both expansion of the current deposit and testing new prospects. HighGold has C$17 million in working capital, positioning the company well for this year's program. Drilling is expected to start in early June, with all permits already secured.

HighGold Mining announces final assay results from nine additional drill holes at the Johnson Tract gold project in Alaska, totaling 16,418 meters across 32 holes in the 2020 drill program. The project features Au-Cu-Zn-Ag-Pb mineralization now expanded to a total strike length of 500 meters. Highlights include significant intersections such as 74.1m at 23.8 g/t AuEq, and the emergence of the Footwall Copper Zone. The Company plans to commence a fully-funded 2021 drill program aimed at further expanding mineralization.