Advance Gold Corp. (TSXV: AAX) ("Advance Gold" or "the Company") is pleased to announce that the recently completed 3D Induced Polarization (IP) geophysical survey on its Tabasquena project in Zacatecas, Mexico has outlined a significant continuous chargeability anomaly. This anomaly has an east-west width of approximately 250 metres and an apparent strike length of over...
Category: News
Advance Gold Begins Geophysical Survey at Tabasquena Project to Delineate Deeper Targets Below The Zone of Widespread Gold and Silver Mineralization in its Epithermal Vein System
Advance Gold Corp. (TSXV: AAX) ("Advance Gold" or "the Company") is pleased to announce that a 3D Induced Polarization (IP) geophysical survey on its Tabasquena project in Zacatecas, Mexico is underway. This geophysical survey is designed to complement and enhance the 3D model derived from the recent drilling which confirmed a widespread gold and silver...
Advance Gold Reaches Agreement in Principle with Acacia Mining – Barrick Wants to Renegotiate Terms Since Agreeing To Takeover Of Acacia
Advance Gold Corp. (TSXV: AAX) ("Advance Gold" or "the Company") wishes to report that having reached a signed agreement in principle with Acacia Mining plc (LSE: ACA) (“Acacia”) concerning the existing joint venture between Acacia and Advance Gold respecting the Gold Rim property in Kenya, during the period of the proposed takeover of Acacia by...
Advance Gold Closes Private Placement
Advance Gold Corp. (TSXV: AAX) ("Advance Gold" or "the Company") is pleased to announce that it has closed its previously announced non-brokered private placement financing (see June 18, 2019 news release). The Company has issued 4,682,000 Units, each Unit consisting of 1 common share and 1 common share purchase warrant, each warrant being exercisable at...
Advance Gold Announces Private Placement Financing to Fund Geophysical Program and Further Drilling
Advance Gold Corp. (TSXV: AAX) (“Advance Gold” or “the Company”) announces that, subject to the approval of the TSX Venture Exchange, it proposes to undertake a non-brokered private placement of units (the “Units”) at a price of 5 cents ($0.05) per Unit (the “Financing”). Each Unit shall be comprised of one common share in the...
Advance Gold Completes 3D Model of Gold and Silver Mineralized Epithermal Vein System at Tabasquena Project, Mexico
Advance Gold Corp. (TSXV: AAX) ("Advance Gold" or "the Company") is pleased to announce the remaining drilling results from its phase 3 drilling program and present a 3D model of the vein system at the 100% owned Tabasquena project in Zacatecas, Mexico. Drilling in the first 3 phases has hit a cluster of mineralized epithermal...
Advance Gold’s Joint Venture Partner Acacia Mining Receives Takeover Offer From Barrick
Advance Gold Corp. (TSXV: AAX) ("Advance Gold" or "the Company") is pleased to provide an update on the recent news that Barrick Gold Corporation (“Barrick”) has made a takeover offer for Acacia Mining plc(“Acacia”). The Company has not been contacted by either Barrick or Acacia concerning the takeover offer and its effect on the Kakamega...
Advance Gold Hits Silver and Gold in Oxide Zone of Epithermal Vein System at Tabasquena Project, Mexico
Advance Gold Corp. (TSXV: AAX) ("Advance Gold" or "the Company") is pleased to announce drilling results from its phase 3 drilling program at the 100% owned Tabasquena project in Zacatecas, Mexico. This 1093m diamond drilling program included 2 deep holes targeting the western extension of a cluster of epithermal veins and one shallow hole to...
Advance Gold and Acacia Mining Receive New Licenses for West Kenya Joint Venture
Advance Gold Corp. (TSXV: AAX) ("Advance Gold" or "the Company") is pleased to announce that new prospecting licenses have been issued for the three claims (PL/2018/0210, PL/2018/0211 and PL/2018/0212) that make up the West Kenya, Advance Gold - Acacia Mining joint venture. Two of the claims are located on either side of Acacia Mining’s 100%...
Advance Gold Starts Exploration at Tabasquena Silver Mine in Ojocaliente, Mexico
Advance Gold Corp. is pleased to announce exploration work has begun at its Tabasquena Silver mine in Ojocaliente, Mexico. This work includes sampling the Tabasquena epithermal vein in the first 100 metres, to test for the correlation between the silver grade and the oxidization in the vein, plus sample the sulphide portion that starts at...