Avidian Gold Corp Stock Price, News & Analysis

Avidian Gold Corp. (TSX-V:AVG)(OTCQB:AVGDF) announces that its majority-controlled subsidiary, High Tide Resources Corp., has signed an option to acquire a 100% interest in the Clearcut Lithium Project located in Quebec's Cadillac-Pontiac lithium camp. This acquisition positions Avidian shareholders to benefit from the growing demand for lithium, particularly in the electric vehicle sector. Avidian President & CEO Steve Roebuck highlights the acquisition as a low-risk, high-reward opportunity aimed at enhancing shareholder value.

Avidian Gold Corp. (TSX-V:AVG)(OTCQB:AVGDF) announced the acquisition of a reverse-circulation drill rig for the Jungo Gold-Copper Project in Nevada. The drilling program will commence in early to mid-May 2022, focusing on two targets within a mineralized shear zone. The property spans 1,959 hectares and is strategically located between two significant deposits. Historical data shows high gold values, with surface samples averaging 0.30 g/t Au across an untested zone. Avidian continues to pursue advanced-stage projects in Alaska as well.

Avidian Gold Corp. has filed a technical report for its 100% owned Jungo Gold-Copper Project in northwest Nevada. The report, completed by Mine Development Associates, outlines exploration results and recommends further drilling to investigate significant mineralization zones. The Jungo Project, located between two prominent mines, contains 234 mining claims covering 1,959 hectares. Avidian is planning a reverse circulation drill program to explore compelling targets identified in the report. This initiative aims to enhance the project's exploration potential and advance its development.

Avidian Gold Corp. (TSX-V: AVG, OTCQB: AVGDF) has staked an additional 1,683.5 hectares near its Golden Zone property, expanding its land holdings to 141.1 sq. km. The new area is strategically located along a mineralized trend that has shown high-grade gold, copper, and silver samples from neighboring properties. The company aims to assess five major gossanous gold-bearing zones with promising assay results. Avidian's gold resources total 267,400 ounces (Indicated) and 35,900 ounces (Inferred), indicating a substantial exploration potential within the Tintina Gold Belt.

Avidian Gold Corp. announced results from the 2021 reverse-circulation drilling program at the Copper King/Long Creek area of its Golden Zone Project in Alaska. The program involved 1,512.54 meters of drilling across 10 holes, targeting mineralized conglomerates and geophysical anomalies. Notable results included significant gold, silver, and copper intersections, suggesting the area may host substantial deposits. The property also has a NI 43-101 indicated gold resource of 267,400 ounces. The company believes deeper drilling could reveal a large mineral deposit.

Avidian Gold Corp. (OTCQB: AVGDF) announced that its subsidiary, High Tide Resources Corp., will begin trading on the Canadian Securities Exchange under the ticker HTRC on February 25, 2022. High Tide aims to create shareholder value through the exploration and development of its Labrador West Iron Project and Lac Pegma mineral deposit. The Labrador West Iron Project has been de-risked through extensive drilling and is well-positioned for advancement due to its proximity to critical infrastructure. The Lac Pegma project involves multiple successful exploration campaigns.

Avidian Gold Corp. (TSXV:AVG, OTCQB:AVGDF) announced a special distribution of approximately 9,360,852 common shares from its majority-owned subsidiary, High Tide Resources Corp. The distribution will be paid to Avidian shareholders on a pro-rata basis by February 22, 2022. Shareholders will receive one High Tide share for every approximately 17.64 Avidian shares held as of the record date, February 17, 2022. This move aims to benefit Avidian's shareholders by increasing exposure to High Tide's mining projects, specifically the Labrador West Iron Project.

Avidian Gold Corp. has released assay results from the final nine of 17 reverse-circulation drill holes at the Mayflower Extension Zone (MEZ) in Alaska. Among the notable findings, hole GZ21RC-22 yielded 15.24 meters averaging 2.65 g/t Au, with high-grade intervals reaching 11.70 g/t Au. Overall, the MEZ shows a potential gold resource across a 600m strike length, remaining open at depth. The results affirm MEZ's significance for resource expansion as Avidian prepares for further drilling in 2022 to extend mineralization toward the Bunkhouse Prospect.

Avidian Gold Corp. (TSX-V:AVG, OTCQB:AVGDF) will conduct a live investor presentation on January 20, 2022, at 2pm ET, featuring updates from the Golden Zone Project in Alaska. Company President & CEO Steve Roebuck and VP Exploration John Schaff will discuss recent drill news and upcoming milestones. Interested participants can register for the webinar via the provided link. Management will also answer questions during the session, enhancing investor engagement.