Augusta Gold Corp. Stock Price, News & Analysis

Augusta Gold Corp. has announced its Updated Mineral Resource Estimate for the Bullfrog Gold Project in Nevada, reporting 1,209,290 ounces of gold in Measured and Indicated Mineral Resources and 257,900 ounces in Inferred Mineral Resources. The updated estimate indicates a 94% oxide presence and highlights ongoing environmental and engineering studies aimed at de-risking the project and advancing permitting processes. The company's CEO, Don Taylor, emphasized the project's expansion potential and the importance of comprehensive studies for future operations.

Augusta Gold Corp. announced the successful approval of all matters presented at its annual shareholder meeting on July 29, 2021. Key outcomes included the election of six directors, the re-appointment of Davidson & Company LLP as auditors, and the approval of the company’s Stock Option Plan. Voting results highlighted strong support for the nominees, with votes for each exceeding 99%. Augusta Gold is focused on developing the Bullfrog Gold Project in Nevada, controlling approximately 7,800 acres of mineral rights and pursuing additional exploration opportunities.

Augusta Gold Corp. announced the maiden Mineral Resource estimate for its Bullfrog Gold Project in Nevada, indicating significant potential for brownfield heap leach development. The estimate includes 880,000 ounces of Measured and Indicated Resources (95% oxide) and 130,000 ounces of Inferred Resources (92% oxide). The resource underlines a strong base for future expansion, with ongoing drilling targeting high-grade vein materials. The company expects to submit its plan of operations for permitting by early 2022, leveraging existing infrastructure and patented land.

Augusta Gold Corp. has provided an update on its 2021 exploration program at the Bullfrog Gold project in Nevada. The exploration, utilizing four drill rigs, has shown promising results at the Montgomery-Shoshone target, including a significant down-dip extension of the Polaris Vein. Key results include hole BFG21-MS13, returning 32.5 meters at 0.76 g/t Au, and hole BFG21-MS11 with 60.7 meters at 0.35 g/t Au. CEO Don Taylor highlighted the expansion potential and plans for a comprehensive resource update in early Q3, while exploration continues to advance the project's development.

Augusta Gold Corp. announces the appointment of Donald Taylor as President and Chief Executive Officer, effective immediately. Mr. Taylor, with 30 years of experience in mineral exploration, takes over from Maryse Belanger, who resigned for personal reasons. Taylor is recognized for his achievements, including the discovery of a lead-zinc-silver deposit in Arizona. Augusta Gold is focused on developing the Bullfrog Gold Project in Nevada, controlling approximately 7,800 acres and identifying numerous exploration targets to enhance the project.

Augusta Gold Corp. (OTCQB: AUGG) announces its common shares will start trading on the Toronto Stock Exchange (TSX) from March 29, 2021. The shares will be delisted from the Canadian Securities Exchange on March 26, 2021. Shareholders do not need to take any action regarding this transition. The Company focuses on the Bullfrog Gold Project located in Nevada, covering approximately 7,800 acres of mineral rights. Augusta Gold aims to enhance stakeholder value through exploration and development, while its management team holds a proven track record in financing and developing mining assets.

Augusta Gold Corp. (OTCQB: AUGG) has received conditional approval for listing its shares on the Toronto Stock Exchange (TSX), transitioning from the Canadian Securities Exchange. The new trading symbol will remain 'G'. CEO Maryse Belanger highlighted that this milestone is expected to enhance the company's global visibility, access to capital, and liquidity for shareholders. Final TSX approval is pending fulfillment of standard conditions, and no action is required from shareholders regarding share certificates.

Augusta Gold Corp. (OTCQB: AUGG) has successfully closed a non-brokered private placement, raising C$17 million through the sale of 7.56 million units at C$2.25 each. Each unit consists of one common share and half a warrant, exercisable at C$2.80 for three years. The proceeds will support exploration at the Bullfrog Gold project in Nevada and for general working capital. The financing included participation from insiders and strategic investors, enhancing the company's ability to execute its aggressive exploration and development strategy.

Augusta Gold Corp. (OTCQB: AUGG) announced the grant of 5.8 million stock options to its officers, directors, and employees with an exercise price of C$3.00 per share, expiring in five years. The company also updated its trading symbol on the OTCQB to reflect its recent name change. Augusta is focused on the Bullfrog Gold Project in Nevada, controlling approximately 7,800 acres of mineral rights and identifying additional mineralization opportunities. The management team has a proven track record in mining asset development.