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Clarity Metals (CLGCF) Stock News, Apr-Oct 2021

CLGCF OTC

Clarity Metals Corp. explores and advances mineral properties as a Canadian project generator focused on precious and base metals. Company news centers on exploration activity in Quebec, including the 100%-owned Fecteau Gold Project in the Abitibi region and the Lithium381 project in northern Quebec.

Recurring updates cover drill permits, target definition, rig mobilization, drilling progress, geophysical survey results, property interests and technical planning for exploration campaigns. The company is listed on the CSE under CMET and trades on the OTC market under CLGCF.

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Clarity Gold Corp. has appointed Stephen Sulis as the new Chief Financial Officer (CFO) and Corporate Secretary, effective October 1, 2021. Sulis brings extensive experience in the resource sector and has worked with several TSX-V and CSE listed companies. He succeeds Peter Nguyen, who is thanked for his contributions during the Company’s IPO. Clarity Gold is focused on acquiring and developing gold projects, including the Destiny Project in Quebec, and is based in Vancouver. The Company is also relocating its office to a new address in Vancouver.

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Clarity Gold Corp. (CSE: CLAR, OTC: CLGCF) announced significant results from its latest drilling at the Destiny Project, highlighting its deepest gold mineralization to date at almost 900 meters. The drill results confirm the mineralized structure and open new exploration opportunities. The recently completed 10,826 m drilling program produced 27 holes, with 8 holes reported so far. Notably, one hole showed 0.24 g/t over 28 meters, and another 0.82 g/t over 4.15 meters, indicating potential for expansion. Clarity anticipates further results as it continues its evaluation of the mineralized system.

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Clarity Gold Corp. (CSE: CLAR, OTC: CLGCF) has mobilized a crew for an exploration program at its Empirical Project in British Columbia, focusing on known mineralization areas. The 10-day program includes mapping, prospecting, and channel sampling to meet claims renewal requirements. The Empirical Project covers 10,518 ha and has a history of gold mineralization, with previous drilling revealing grades of 3.67 g/t gold over 21 m. Additionally, results from Clarity's Destiny Project are expected soon, following a 10,826 m drilling campaign.

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Clarity Gold Corp. has completed a diamond drilling program totaling 10,826 meters across 27 drill holes at its Destiny Project in the Abitibi Greenstone Belt. The program finished under budget, and samples are currently at the laboratory for assay analysis. Initial results reveal significant mineralization, with notable intercepts such as 18.64 g/t gold over 2.10 meters from drillhole DES21-156. The company anticipates further updates as results are analyzed, continuing its exploration efforts in a historically prolific mining area.

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Clarity Gold Corp. has announced the initial results from its 10,000 m diamond drill program at the Destiny Project in the Abitibi Greenstone Belt. Significant intercepts include 3.68 g/t Au over 5.25 m and 6.97 g/t Au over 2.65 m in various holes, confirming the presence of gold mineralization in the DAC Zone. The ongoing drilling aims to enhance understanding of the project's mineralization and inform future exploration efforts. The results are part of a broader strategy involving AI data processing to optimize resource estimates.

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Clarity Gold Corp. has signed a service contract with Minerva Intelligence to utilize their DRIVER technology for enhanced drill targeting on the Destiny Project in the Abitibi region. This partnership aims to optimize drilling strategies by analyzing over 50,000 meters of historic drilling data, potentially saving significant costs. The Destiny Project, known for its gold mineralization, lies within a region rich in historical mineral production.

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Clarity Gold Corp. (CSE: CLAR, OTC: CLGCF) announced the progress of its 2021 diamond drilling program at the Destiny Project in Quebec, with over 5,750 meters completed out of a planned 10,000 meters. The company is drilling at the DAC Zone, targeting a depth of 950 meters. Recent acquisitions of private lots will enhance infill drilling efforts. The project is located in the Abitibi Greenstone Belt, known for significant gold production, and includes historical drilling results indicating strong mineralization potential.

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Clarity Gold Corp. announces the acquisition of surface rights for two lots totaling approximately 82 hectares within the Destiny Project in Quebec. The purchase, amounting to $250,000, will enhance project efficiency and security, facilitating ongoing drilling activities. Payment terms include an initial cash payment and installments over time. The Destiny Project is strategically located in the Abitibi Greenstone Belt and has previously undergone extensive drilling. This acquisition positions Clarity for improved project infrastructure and future exploration success.

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Clarity Gold Corp. has provided an update on its 10,000 m drilling program at the Destiny Project, located in Quebec's Abitibi Region. As of now, approximately 2,300 m of drill core has been processed, confirming mineralization in the DAC Zone. The program aims for infill drilling and expansion of gold mineralization in the GAP Zone with a second drill rig in operation. Notable findings include gold intercepts up to 167 g/t Au. The project holds significant exploration potential, given its historical drilling data and strategic location.

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Clarity Gold Corp. has commenced mobilizing a second drill rig to the Destiny Project in the Abitibi region. The new rig will focus on the GAP Zone, enhancing the efficiency of the ongoing drilling program. Notable historical drilling results at the GAP Zone include 16.1 g/t Au over 6 m. The Destiny Project, located in a historic gold-producing area, spans 5,013 ha and features high-grade gold mineralization. Clarity aims to build on decades of exploration work in the region, with significant potential for further discoveries.

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FAQ

What is the current stock price of Clarity Metals (CLGCF)?

Clarity Metals (CLGCF) last closed at $0.0309.

What is the market cap of Clarity Metals (CLGCF)?

The market cap of Clarity Metals (CLGCF) is approximately $375.8K.