finanzen.net
17.07.2019 21:24
Bewerten
(0)

1911 Gold Corporation Acquires Additional Mineral Claims

TORONTO, July 17, 2019 /CNW/ - 1911 Gold Corporation (TSXV: AUMB) ("1911 Gold" or the "Company") is pleased to announce that it has, through a wholly-owned subsidiary, 1911 Gold Canada Corporation ("1911 Gold Canada"), entered into an arms' length agreement to acquire three additional claims, totaling approximately 230 hectares, on the Rice Lake belt in Manitoba, Canada. These claims are located within the boundaries of the Company's mineral dispositions and afford an opportunity to further consolidate its land position along this highly prospective greenstone belt. Each of the claims contains historical gold occurrences and their acquisition will allow 1911 Gold to expand their current exploration activities in two key project areas.

1911 Gold Corporation (CNW Group/1911 Gold Corporation)

Under the terms of the purchase agreement 1911 Gold will issue 150,000 shares for consideration of $45,000, based on the closing date of the agreement, to the private owner of these claims. The acquisition is subject to TSX Venture Exchange approval.

ABOUT 1911 GOLD CORPORATION

1911 Gold is a junior gold producer and explorer that owns the True North mine and mill complex and is currently reprocessing historic tailings on a seasonal basis. In addition to operating the True North mill in Bissett, Manitoba, 1911 Gold holds approximately 53,000 hectares of highly prospective land within and adjacent to the Rice Lake greenstone belt. 1911 Gold believes its land package is a prime exploration opportunity, with potential to develop a mining district centred on its True North facility. The Company also owns the Tully project near Timmins, Ontario, and intends to focus on both organic growth opportunities and accretive acquisition opportunities in North America.

1911 Gold's True North complex and exploration land package are located within the traditional territory of the Hollow Water First Nation, signatory to Treaty No. 5 (1875). 1911 Gold looks forward to maintaining open, co-operative and respectful communication with the Hollow Water First Nation in order to build mutually beneficial working relationships.

ON BEHALF OF THE BOARD OF DIRECTORS

Ron Clayton
President and CEO

CAUTIONARY STATEMENT REGARDING FORWARD-LOOKING INFORMATION

This news release may contain forward-looking statements. Often, but not always, forward-looking statements can be identified by the use of words such as "plans", "expects" or "does not expect", "is expected", "budget", "scheduled", "estimates", "forecasts", "intends", "anticipates" or "does not anticipate", or "believes", or describes a "goal", or variations of such words and phrases or state that certain actions, events or results "may", "could", "would", "might" or "will" be taken, occur or be achieved.

All forward-looking statements reflect the Company's beliefs and assumptions based on information available at the time the statements were made. Actual results or events may differ from those predicted in these forward-looking statements. All of the Company's forward-looking statements are qualified by the assumptions that are stated or inherent in such forward-looking statements, including the assumptions listed below. Although the Company believes that these assumptions are reasonable, this list is not exhaustive of factors that may affect any of the forward-looking statements.

Forward-looking statements involve known and unknown risks, future events, conditions, uncertainties and other factors which may cause the actual results, performance or achievements to be materially different from any future results, prediction, projection, forecast, performance or achievements expressed or implied by the forward-looking statements. All statements that address expectations or projections about the future are forward-looking statements. Although 1911 Gold has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking statements, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. There can be no assurance that forward-looking statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements.

All forward-looking statements contained in this news release are given as of the date hereof. The Company disclaims any intention or obligation to update or revise any forward-looking statements whether as a result of new information, future events or otherwise, except in accordance with applicable securities laws.

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.

SOURCE 1911 Gold Corporation

Werbung
Werbung
Börse Stuttgart Anlegerclub

Die richtige Strategie für die Börsenkrise

Stecken Sie nicht den Sand in den Kopf, sondern kaufen Sie die richtigen Aktien. Erfahren Sie im aktuellen Anlegermagazin mehr über attraktive Qualitätsaktien und zyklische Aktien
Kostenfrei registrieren und lesen!

Heute im Fokus

DAX letztlich im Minus -- Wall Street schließt uneinig -- VW will Weltmarktführer bei E-Autos werden - Interesse an Tesla zurückgewiesen -- OSRAM hebt Stillhalteabkommen mit ams auf -- EVOTEC im Fokus

Ceconomy-Aktie testet 200-Tage-Linie: Media Saturn-Chef plant angeblich Verkauf "im Alleingang". Fed betont Unsicherheit durch Handelskonflikte. Finanzaufsicht prüft BMW-Kommunikation über Führungswechsel. Nordamerika-Geschäft gibt JOST Werke Auftrieb. Investoren bereiten wohl Angebote für thyssen-Aufzugsparte vor.

Die 5 beliebtesten Top-Rankings

Das hat sich geändert
Diese Aktien hat George Soros im Depot
Die 12 toten Topverdiener 2019
Diese Legenden sind die bestbezahlten Toten der Welt
Big-Mac-Index
In welchen Ländern kostet der Big Mac wie viel?
Das verdienen Aufsichtsratschefs in DAX-Konzernen
Deutlich unter Vorstandsgehältern
Die Länder mit den größten Goldreserven 2019
Wer lagert das meiste Gold?
mehr Top Rankings

Umfrage

Die Marktturbulenzen nehmen zu. Investieren Sie nun vermehrt in "sichere Häfen"?

Online Brokerage über finanzen.net

finanzen.net Brokerage
Handeln Sie für nur 5 Euro Orderprovision* pro Trade aus der Informationswelt von finanzen.net!

ETF-Sparplan

Oskar ist der einfache und intelligente ETF-Sparplan. Er übernimmt die ETF-Auswahl, ist steuersmart, transparent und kostengünstig.
Zur klassischen Ansicht wechseln
Kontakt - Impressum - Werben - Pressemehr anzeigen
Top News
Beliebte Suchen
DAX 30
Öl
Euro US-Dollar
Bitcoin
Goldpreis
Meistgesucht
MTU Aero Engines AG Em 2017A2G83P
Braas Monier Building Group S.A.BMSA01
Wirecard AG747206
EVOTEC SE566480
Deutsche Bank AG514000
XING (New Work)XNG888
Daimler AG710000
CommerzbankCBK100
BayerBAY001
SteinhoffA14XB9
Microsoft Corp.870747
NEL ASAA0B733
Amazon906866
Apple Inc.865985
BASFBASF11