Goldplay Mining has signed a mineral exploration agreement with the Portuguese government to explore four projects, including two past-producing copper mines, a gold mine, and a gold exploration opportunity. These Properties cover over 320 sq km and have demonstrated potential for significant mineralization. Key findings include past production grades of up to 1.79% Cu and 11.20 g/t Au. The agreement underscores Portugal's commitment to enhancing metal production within the EU, providing a backdrop for exploration and potential future production.
Goldplay Mining has successfully closed a non-brokered private placement of flow-through units for $170,000. The placement involved 1,000,000 units priced at $0.17 each, with proceeds directed towards Canadian exploration expenses. Each unit includes a share and a warrant, allowing purchase of additional shares at $0.20 until October 19, 2022. The company also paid finders' fees totaling $10,200 and issued additional warrants. This financing awaits final approval from the Toronto Stock Exchange Venture.
Goldplay Mining announced the completion of an initial field program at its Big Frank and Goldstorm South properties in British Columbia, confirming district-scale potential for high-grade gold and copper-gold deposits. The program involved collecting 442 rock and soil samples over six days. Notable findings include historical channel samples averaging 85 g/t gold and significant soil anomalies. The company plans to release assay results soon and is preparing for future exploration activities, highlighting their commitment to expanding potential mineral discoveries.
Goldplay Mining (OTCQB: AUCCF) has successfully closed a non-brokered private placement, raising $750,000 through the issuance of 4,411,900 flow-through units at $0.17 each. Each unit comprises one common share and half a warrant, allowing purchase of additional shares at $0.20 until October 1, 2023. The funds will support Canadian exploration expenses in British Columbia. The company also paid $45,000 in finder’s fees and granted 264,714 warrants to finders. Final approval from the Toronto Stock Exchange Venture is pending.
Goldplay Mining Inc (TSXV:AUC, OTCQB:AUCCF) has commenced trading on the OTCQB Venture Market, enhancing its visibility and liquidity in the U.S. market. This move allows the company to expand its investor base and explore new growth opportunities. President & CEO, Catalin Kilofliski, expressed optimism about increasing accessibility for investors. The OTCQB is recognized for facilitating transparent trading for international companies. Goldplay continues to trade on the TSX Venture Exchange under the symbol AUC, focusing on gold-copper projects in leading mining jurisdictions.