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Relevant Gold Corp. is a North American gold exploration company known for its strategic acquisitions, exploration efforts, and district-scale gold projects in Wyoming. With a primary focus on the South Pass Gold Field, the company has made significant achievements, including the acquisition of 88 BLM mining claims, establishment of a successful Purchase Agreement with Golden Buffalo Mining Company, and the recent gold assay results from the Heavy Hand target at the Lewiston Project. The company's strong technical team, led by CEO Rob Bergmann and CXO Brian Lentz, has been instrumental in driving Relevant Gold's success and positioning it as a leading player in the gold exploration sector.
Relevant Gold Corp. announces final results from its 2024 geologic mapping and rock chip sampling program at its Bradley Peak Gold Camp in Wyoming. The program revealed widespread high-grade gold and copper mineralization, refining three previously identified targets and revealing three new ones. Highlights include:
- Apex Zone: Best results of 46.8 g/t Au, 7.8% Cu and 2% Zn from multiple 2-6m+ vein exposures within a >200m wide structural zone traceable for over 2.5 kilometers
- Three new exploration targets discovered: Lost Mine, Olmeh, and East Limb
- 557 rock chip samples collected, with approximately 7% yielding significant results
The company is now planning and permitting a robust 2025 drilling program at Apex, combining these results with previous data and advanced geophysics.
Relevant Gold Corp. (TSXV:RGC)(OTCQB:RGCCF) has doubled its land position at the Bradley Peak Gold Camp in Wyoming, USA. The company added ~2,102 hectares through 38 BLM lode mining claims and 16 Wyoming state mineral leases, bringing the total project area to ~4,391 hectares. Recent assay results, geology mapping, and geophysics highlight high-grade district-scale gold targets with potential for Abitibi-style gold mineralization.
The company's 2023 reconnaissance program identified 3 district-scale target areas with high-grade gold, silver, and copper associated with multi-kilometre shear zone structures. Initial results from the 2024 mapping and sampling program showed high-grade mineralization, including 46.8 g/t Au and 2.44% Cu. Relevant Gold is now defining high-quality drilling targets and anticipates results from its second batch of 2024 samples soon.
Relevant Gold Corp. (TSXV:RGC)(OTCQB:RGCCF) has completed a detailed geologic mapping and rock sampling program at Bradley Peak, reporting high-grade assays of 46.8 g/t Au and 2.44% Cu. The company collected 557 rock chip samples, with batch one consisting of 356 samples. The program aims to define high-grade drilling targets at the Bradley Peak Gold Camp for the 2025 drilling season.
Key findings include:
- Identification of unmapped shear zones with complex quartz/carbonate vein arrays
- Discovery of historic mine workings not previously mapped
- Confirmation of a large complex assemblage of metamorphic rocks analogous to Abitibi-style greenstone belt
The company's CEO, Rob Bergmann, expressed optimism about the results and the potential of the Bradley Peak Gold Camp.
Relevant Gold has concluded a non-brokered private placement of 5,100,000 Units at $1,530,000 with Kinross Gold. This financing completes all pending placements, raising a total of $2,975,325, surpassing the initial $2,500,000 target. Each Unit includes one common share and half a warrant, exercisable at $0.35 per share for 24 months. Funds will support exploration in Wyoming and general working capital. Kinross now holds approximately 9.9% of Relevant Gold's common shares on a partially diluted basis. An Investor Rights Agreement allows Kinross to maintain or increase its holdings and join a technical advisory committee. The statutory hold period for Kinross' Units ends on November 9, 2024. Relevant Gold aims to capitalize on Wyoming's rising status as a premier mining jurisdiction.
Relevant Gold Corp. (TSXV:RGC, OTCQB:RGCCF) announced a $1,530,000 private placement investment by Kinross Gold The financing involves 5,100,000 units priced at $0.30 per unit, each consisting of one common share and a half-share purchase warrant. The warrants are exercisable at $0.35 for 24 months. Post-placement, Kinross will hold 9.9% of Relevant Gold's shares on a partially diluted basis. An Investor Rights Agreement grants Kinross rights to future financing participation and a potential increase in ownership to 19.9%. Proceeds will fund Wyoming exploration projects and working capital. The closing is contingent on TSX Venture Exchange approval.
Relevant Gold Corp. (TSXV:RGC, OTCQB:RGCCF) announced the successful closing of the first tranche of its non-brokered private placement, raising $1,445,325 CAD by issuing 5,781,300 units at $0.25 per unit. Each unit includes one common share and a half share purchase warrant, with each whole warrant allowing the purchase of an additional share at $0.35, expiring in 24 months. The proceeds will fund exploration activities in Wyoming and general working capital. Relevant Gold directors and management participated, purchasing 552,800 units. A second tranche is expected to close in early July 2024.
Relevant Gold Corp. announces a non-brokered private placement to raise up to $2.5 million through the sale of 10 million units at $0.25 per unit. The funds will be used for exploration activities in Wyoming, USA, and general working capital. Certain directors and officers may participate in the placement. The company may pay a finder's fee and the financing is subject to TSX Venture Exchange approval.
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